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![]() Micro Penny Stocks, Penny Stocks Under $0.10
![]() * * * GamezNFlix 2004 * * * (Page 6)
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| Author | Topic: * * * GamezNFlix 2004 * * * |
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infogen18 New Member |
dont you guys think there wil be alot of profit taking when the first PR comes out or the first substantial rise.. im not tryin to be a basher.. im jus thinkin that since so many ppl have been diligently waiting for a PR or web release that wont they sell on the news or on the slightest uptrend... maybe it wont affect long term price but i know it can damage short term prices... look wut happend to with IVOC and the PR.. any opinions? IP: Logged |
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kcbudman Member |
done
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VeeHappy Member |
quote: Don't compare PGHI with IVOC! Ok? IP: Logged |
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djjunior Member |
Obviously there will be some profit taking, however i feel people will only sell a portion of there position, only because alot of people (including me) feel that this company has great potential in the long run, not just the short run. IMO a PR should get this baby past its .06 resistance and upwards probably to the .09-.10 range where it will find a new support and from then it will move upwards as the year progresses and the company expands (which it plans to do in everyway i.e. inventory, revenues, customer base, press releases blah blah blah) IP: Logged |
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tommy Member |
All the paperwork with the SEC for the name change is DONE. The reason why we didn't see right away after the filing of the Def.14c last Monday is because legally, all the shareholders as record of Oct. 31st have to receive the confirmation letter before they can actually switch the name with the business bureau. The confirmation letter was mailed yesterday and in about 2 weeks, they will file for the symbol change and CUSIP number. Hope it helps. GLTA!
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firmbatch Member |
Can I have a copy of the email? dngcash@aol.com Thanks, IP: Logged |
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tommy Member |
Of course some people are gonna sell but it is called TRADING for a reason, when someone sells there will be others in line to buy it up because the PR would have attracted new buyers. You can't call something TRADING if nothing changes hands. IVOC has billions of shares in the float and has nothing going on for them so it was a pump-n-dump scheme. Take a look at PGHI's charts and you will understand why this stock is what it is today! No offense but sometimes I wonder how many people actually understand the concept of a stock market! GLTA!
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infogen18 New Member |
what do you guys think will happen if things work out how u want in the short run... if pghi does go to .09-.1 what next... is johns plan to graduate pghi from the OTC to a larger index or to keep on the OTC... a possible reverse split?... what are you guys lookin for beyond the short term? i realize the potential of a netflix style company but if that were to happen the number of shares would have to be greatly reduced...and reverse split is the only way... IP: Logged |
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infogen18 New Member |
tommy ive noticed your extreme "love" for pghi... although it is likely strong enthusiasm... you should watch the way you react to something you interpret as negativity... these are just opinions and ideas and possiblilties.. and if you react like that you are just going to be called a pumper even though you are likely not... obviously this board is much better than the RB board.. but you shouldnt take realism for negativity.. benjamin grahams first rule was never fall in love with a stock... check urself quote: IP: Logged |
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alexschmidt99 Member |
I for one, am holding PGHI to eventaully reach the same level as netflix. $40-$60 a share will make me very happy. As far as I'm concerned, I would hazard a guess that PGHI will first develop a sucessful VG rental service. I think if they do that, they could reach into the .90's. Once they announce that they are going to break into the DVD rental business though, this will really take off, because everyone will be thinking "next netflix next netflix". As far as graduating from the OTC, I think the stock has to maintain a pps of $1.00 or more to be on the NASDAQ. In addition to that, they have to comply with a host of other rules. I'm not worried. This is a stock that you could put a couple grand in, and then just let it go. A couple years from now, I could be a millionaire from this, and I can see it happening. Just be patient and wait. Trust that the CEO will take this company where it deserves to be. Thanks KC [This message has been edited by alexschmidt99 (edited January 08, 2004).] [This message has been edited by alexschmidt99 (edited January 08, 2004).] IP: Logged |
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tommy Member |
infogen18, I've been in this stock long enough to see 3-4 generations of investors/traders go through. A lot of people that I knew from the beginning sold and moved on to the next one. Although I trade the market actively, PGHI is indeed my baby because I have very great respect for it's management and the way the company handles things. I don't think that I reacted negatively at all. Seriously how can someone ask if there will be selling? How can other people buy if no one sells? That's the fundamental concept of trading! It's just plain logic that's all. Anyway, good luck to you. Tommy
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kcbudman Member |
Firmbatch and Alex- done IP: Logged |
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PSU90 Member |
Infogen18.....I hope that the long term plan is indeed to get to the NASD. It just might take a reverse split to do that at some point in the future. The fear so many penny traders have of reverse splits is that most come from companies that are basically printing presses for shares. For example: on a 1 for 2 split.....you start with 1000 shares worth .50 for $500. After the split you have 500 shares for $500. The problem is that the printing press companies then issue another billion shares and the price drops right back down. The key to successful companies is that they don't have to issue another billion shares. If they are successful, the business operations are now producing their cash flow and the share count stays at the reduced level...and pps rises if the market reacts to the success over time. Not all reverse splits are a bad thing. It all would need to be evaluated in conjunction with what is happening at the time. PSU
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denzen Member |
Tommy, good call. We think alike on some things. I thought counting the shares was my unique idea,too.LOL dz / quote: IP: Logged |
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denzen Member |
Also, another way they can reduce shares is that if they are profiable enough then they can continually buy back shares, or combine that with the rs. dz / quote: IP: Logged |
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drwright68 Member |
psu, that's a very valid point. I'd like to bring up another point. The current ppm is insurance that a reverse split will not take place for atleast a full year, giving the stocks pps more than adequate time to move to 1.00 or more.
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zo Member |
Don't mean to intrude because i have a very strong position in GBMI...But i just wanted to make sure you guys know anout GBMI...zo... IP: Logged |
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zo Member |
Haha i meant a very strong position in PGHI...But i wanted to inform you guys of GBMI...zo... IP: Logged |
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BetNitAll Member |
con= you have to hold ti for a year Pro= you get it for half off. Contact John ceo@pghi.com I myself just wired my first bach of funds to PGHI. I will wire another bach when I recieve my first stock certificate....when are you going to get another chance to buy this stock under .03
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PSU90 Member |
Congrats BetNit! I think you will be greatly rewarded down the road! Also, as a fellow shareholder.....thank you! PSU
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cusshings Member |
quote: ------------------ IP: Logged |
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tommy Member |
PPS walkdown on low volume, don't be scared! ![]() GLTA! IP: Logged |
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m_h13021 Member |
Here is a level_II snapshot..... http://users.adelphia.net/~x1f2/level_II.gif IP: Logged |
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woody Member |
can someone send me the e-mail from John. Thanks. ------------------ [This message has been edited by woody (edited January 08, 2004).] IP: Logged |
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tommy Member |
Anyone got scared and sold yet? Let's see who's confident in PGHI and who's not. I've been through 7-8 shakedowns like these in 3 months and each time it's very interesting!GLTA! IP: Logged |
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cabbage22 Member |
oh no whats happening, hehe J/K I am actually buying more, thanks weak hands! IP: Logged |
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justplayin Member |
can someone send me the e-mail from John. Thanks. [This message has been edited by justplayin (edited January 08, 2004).] IP: Logged |
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McDermottSeattle Member |
i don't have currnet level II. Was that a buy at 400,000? IP: Logged |
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cabbage22 Member |
Yes, it went through at the ask
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tommy Member |
We're entering a new accumulation phase, no worries here! GLTA! IP: Logged |
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Magoo Member |
Well Lookie here Time to push back at the MM,s Lets see who blinks first I might end up with alot more shares if they don't want to blow past me IP: Logged |
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pegasus Member |
Can someone please shoot me the email from Mr. Flemming. Thanks in advance. IP: Logged |
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tommy Member |
Hum email?
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pegasus Member |
oops... maye527@hotmail.com got caugt up in the excitement IP: Logged |
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cabbage22 Member |
I am also looking for a good entry here-
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Magoo Member |
Their not filling my order at this time. They will need to fill it or raise the price. When they di I will chase them back up and see who gives in first IP: Logged |
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coumars Member |
can anyone tell me whats happening.
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millek Member |
Thats the problem with putting stop losses to the market. MM's see them building up and take them out every time. Holding long term. Good to go for the next phase. Time to accumulate more. Ken IP: Logged |
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tommy Member |
Nothing coumars, pegasus wanted the email but didn't give me an address in the first place!
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Magoo Member |
quote: The MM's are dragging the price down to try to scare people into selling their shares at a lower price. The volume is low and people are not buying very steadly. I have challanged them to sell at their sale price and they will need to fill my order or up their price to go ahead of me and eliminate any chance of me getting those shares which they want. IP: Logged |
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rde3 Member |
Just got another 35k at .047 ! trying to get 15k more.....see if they do it IP: Logged |
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chrissy_a Member |
Magoo, They just upped the ask to .05 to aoid you getting shares !!! Hmmm.....
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tommy Member |
See people when I say that you shouldn't post how many shares you own and at what price on the boards? Also why you shouldn't post info like the email from PGHI yesterday. Let's say that I'm an MM and I know that 20 people bought in at .054+ and that news will not come for two weeks or something, I'm just making it up here. Then I would push down the price pass .05 and scare them into selling since the news is not coming anytime soon. You see the importance of keeping your mouth shut now? No worries, the future is very bright here! GLTA! IP: Logged |
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Kaged Member |
would someone send me the email please? kaged_1@hotmail.com IP: Logged |
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Magoo Member |
quote: They are running up on me now so I will try to get them into the .05's Any newbies don't pay much attention the the price fluxuations. It's only the games the MM's are playing to get you to sell your shares IP: Logged |
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BetNitAll Member |
csn someone post the Level II quotes IP: Logged |
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BetNitAll Member |
can you post this again, m_h
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woody Member |
Thanks Tommy got the E-mail ------------------ IP: Logged |
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BetNitAll Member |
can someone give me an update on the level II quotes IP: Logged |
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pegasus Member |
Thanks Tommy. Sorry bout not posting me email at first. To all...perfect time to accumalate. I know I am. IP: Logged |
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