posted
I agree but don't you think that we'll see a bounce back to the 200 day MA? It failed to break the 20 today and was down on the week. With lighter then normal volume yes but at the 200 day you also have the support of the 50 week MA. I could be wrong, just wondering if you guys are looking at something else
Posts: 1104 | Registered: Dec 2005
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posted
Commerce Planet Announces Record Revenue & Operating Income in the 1st Quarter of 2007 Monday May 14, 8:00 am ET
GOLETA, Calif.--(BUSINESS WIRE)--Commerce Planet, Inc. (OTCBB:CPNE - News) today announced record revenues and operating income during the first quarter of 2007. Revenue for the quarter ending March 31, 2007 was $13,235,726, an increase of 237% from revenue of $3,932,343 for the same period in 2006, and an increase of 50% from revenue of $8,841,441 for the quarter ended December 31, 2006. Operating income for the quarter ending March 31, 2007 was $4,105,209, an increase of 668% from operating income of $534,587 for the same period in 2006, and an increase of 33% from operating income of $3,084,977 for the quarter ended December 31, 2006. The Company also generated the highest quarterly earnings per share reported in its history at $0.08 per common share. The Company's complete financial results can be viewed in its Form 10-QSB filing for the quarter ended March 31, 2007. ADVERTISEMENT
Commerce Planet CEO Michael Hill stated, "I am very pleased to report another quarter of outstanding performance to our shareholders. Our quarter over quarter performance from the fourth quarter of 2006 to the first quarter of 2007 represents exceptional growth. We are excited to see our efforts continue to yield significant returns."
President Charlie Gugliuzza added, "The Company is continuing to see the results of the infrastructure we put into place over the past year but there is still more to do. We are excited about what is ahead of us as we continue to increase the breadth and depth of our offerings and pursue both organic and external opportunities for continued expansion and growth."
About Commerce Planet, Inc. (www.commerceplanet.com)
Commerce Planet, Inc. (OTCBB:CPNE - News) is a publicly traded, internet-based media company. The Company offers online media products, lead generation services and direct marketing tools to its client partners. Commerce Planet offers an internet turnkey media solution through its network of wholly-owned subsidiaries, which include Consumer Loyalty Group, Inc., Legacy Media Inc., OS Imaging, Inc. and Interaccurate, Inc.
Each subsidiary of Commerce Planet specializes in a specific niche of the online media industry. Their combined services are designed to address the needs of client partners, including membership loyalty programs, direct response consumer marketing, affiliate list management, email deployment, live chat software-based services, direct phone sales and customer service, and printing services.
To find out more about Commerce Planet, Inc. (OTCBB:CPNE - News), visit our website at www.commerceplanet.com. The Company's public financial information and filings can be viewed at www.sec.gov.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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posted
This is pretty low right now, just from the charts I can see this trending back up to 2 dollars, besides the RSI value is at the lowest its been in a while, and the last time it was this low it had a mini-run. This is a good entry point for anyone not in, im getting in either later today or tommorow.
-------------------- Do not trade on my advise, if I have any to give, lol. Up 127% since joined the website. Posts: 205 | From: New England (MA) | Registered: Jan 2007
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posted
Everything looks good, why is it still going down? Everyone still confident that its going to make a run? Holding for short/long term?
Posts: 46 | Registered: Apr 2007
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DAMN CASH IRA...i wanted to sell this baby so bad when it was in the $2's i timed it perfect for a 15% gain and couldnt go against the 3 day rule....AWWWW
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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quote:Originally posted by stocktrader22: DAMN CASH IRA...i wanted to sell this baby so bad when it was in the $2's i timed it perfect for a 15% gain and couldnt go against the 3 day rule....AWWWW
Just when you think you know the market, bam! I had my reality check on DKAM.
Posts: 124 | Registered: Oct 2006
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posted
I'm a moron, 11million shares being diluted as of may 9th i think thats what i saw, anyways when thats over i think they will have their next leg up.
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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