Here is the latest chart, now I will try and explain the techs as unbiased as I can.
Volume- not on the chart, but very low, under 2 mil. We will need more volume in the coming week for this to move up.
Candles- 3 days in a row of bullish candles, a good sign. Today's candle, a Hammer, shows a possible drop on monday. For an example look at the bullish hammer in mid-november followed by a bearish candle. This is usually a short term price correction. I dont expect a correction of novembers magnitude, because of the low volume. A drop to .027 .028 is realistic. After the correction, the trend will resume upwards, as it did in November
Williams %R- a measure of Oversold or Overbought securities. 80 is oversold, 20 is Overbought. When at 50, no matter which direction the price is going it is seen as a healthy rate of change. //PGHI// This agrees with the candles that the correction expected will be small if at all, because it was not overbought on Friday, it was a healthy uptrend. IMO, we would reach 20 (overbought) if it ran to .06-.08 in 2 weeks, at which time I would cash in, take free shares, and wait for consolidation to end for a new entry point. What we WANT is SLOW STEADY INCREASE. This is how real gains are made.
Stochastic- another measure of oversold/overbought. Notice how it moves with the williams %R. "Stokes" are superior IMO because it has a Fast and Slow line. When the fast crosses the slow, it indicates a possible new trend. //PGHI// 3 days ago the Fast crossed the slow and began moving UPWARDS, also seen in November before the big run up (Mach I hope you noticed that, guessing you did).
MACD. One of the most important indicators. Moving Average Convergence Divergance. The red line is the SLOW LINE or longer duration MA, grey is the fast line or shorter duration MA. In this case they are the 12/26. There are a couple things to look at with this. When ABOVE the 0 line, it is said to be BULLISH, below bearish. //PGHI// Currently we are above the 0, so we are still in a longer term bull run. YOU MUST LOOK AT BOTH LINES. When the fast line crosses the slow line it is an indication of a possible new trend. The fast line for PGHI will move closer to the slow line and will be similar to November, where it hovered around the 0. The blue divergence bars indicate which direction the slow line is moving.
EMA (Exponential Moving Average)- Moving average taking into consideration larger price swings and calculating them in. A good reference before entering a position. Trading above short duration MA is short term Bullish. Above long duration is Long term bullish. When prices drop, the VOLUME must be looked at. Dropping through any MA line on HUGE volume is BAD. However, hitting or going through any MA on LIGHT volume is ok, and is a possible reversal point. //PGHI// Over the past 2 months PGHI has been keeping with the 10 DAY MOVING AVERAGE which is very bullish. PGHI has touched the 30 Day moving average twice- In November when it bottomed, and this week, where it bottomed. And has not seen the 50 Day Moving average in a few months. This tells you the stock is bullish on short, monthly and quarterly durations.
**************SUMMARY************* VOLUME= Needs to increase to 3-4 Mil/Day on the up days, and stay below 2-3 Mil on the down days.
CANDLES= Hammer. Bullish. Small Correction Possible Monday to ~ .027 .028
WILLIAMS %R= Oversold, becoming less oversold
STOCHASTICS= Oversold, becoming less oversold
MACD= Slow above 0, Long term bullish Fast at the 0 moving back above 0, short term bullish
Exponential Moving Averages 10,30,50= Bullish on all three counts
*****OTHER FACTORS / SPECULATION********
MM SIGNALS 100 sale means MM needs shares 200 sale means MM needs shares bad-lot of orders he cannot cover 300 sale means MM is going to take price down to get shares 400 sale means trade sideways 500 sale gapping up or down depending on which way the sale went
Friday 12:28:26 200 NEEDS SHARES, much buying afterwards 15:57:48 300 0.03 + OTCBB near the close 15:57:18 300 0.029 - OTCBB
NEW WEBSITE Is expected to come out be the EOY
CHRISTMAS RALLY Its a tradition!
NAME CHANGE Changing Name to GamezNFlix possible by end of January?
SITE RANKING / HITS Site continues to get more hits month over month as other competing sites dwindle.
This has taken 2 hours to prepare, 45 min to type out, please read it.
Thank you to Mach, Mav, Marty, PSU, Milty, Raven, BetNit, and all others who actually get dirty, sift through those SEC files and other junk to get the real DD done.
And of course, pbwizard for this banner
Conclusion:
Respect and embrace the very normal 50-62% retracements that take prices back to major trends. If a trade is missed, wait patiently for the market to retrace. Far more often than not, retracements happen... just as we are about to give up hope that they shall not.
------------------ cabbage22 - thank technical analysis for God
posted
Great post cabbage...nice up-to-date summary, and could help out some tech-newbies understand why most of us aren't worried about the retracement last week.
I am also a member of Allstocks, but have not had the time recently to post much here, and my interests in the penny’s is limited to issues with very strong potential that I can validate, which has the requisites to move off the OTC, and onto a major exchange; hence, my investment in PGHI.
Over the years I have learned a few things about MM activities - and Friday there were two key signals sent out of the last four trades. Those trades follow-
The key signals were the two trades marked with ***
Nobody in their right mind would trade 300 shares of a stock with PPS of $0.029 and $0.03 = the trades would cost $8.70 and $9.00 respectively, which unless someone is using Freetrade, would be less than Commission costs…!
MMs use a set of predetermined signals – For all practical purposes, if the PPS is less than $1.00 the signals are often used on the major exchanges also … and at times they are used for stocks with PPS of greater than $1.00. Since we are talking micro-penny stocks here, nobody would trade 100, 200, 300, 400 or 500 shares of a stock trading for less than $0.10 ,,, and I do mean – nobody…! The key to MM signals follows-
100 sale means MM needs shares 200 sale means MM needs shares bad-lot of orders he cannot cover 300 sale means MM is going to take price down to get shares 400 sale means trade sideways 500 sale gapping up or down depending on which way the PPS goes – Up or Down
I have not been able to prove the signals in a dead to rights manner, but over a long span of time (40 years, with 15 years of Online Trading experience), whenever you see 100, 200 and 300 share trades in penny stocks – the MMs are going to go after shares…! I am not sure, but nearly every time I see a 200 share trade, and an immediate response at the sale Price be it Bid, Ask or in between, I am positive that the MM needs shares to cover a Naked Short position. By watching the 100, 200, and 300 share trades, and observing the trading activity that follows … a distinct and definite defined pattern can be detected. It is readily apparent from the activity that follows the “cue bids,” the MMs move the PPS according to the signal sent. Also, when signals are exchanged – trading will often stop, or pause for extended periods of time … during those lulls I personally think MMs are taking inventory since the activity that follows such lulls usually takes the PPS down.
In the case of the 500 share trades – watch the answering bids … an increase in PPS usually means the PPS will trade according to supply and demand … a decrease in PPS usually means – the MMs will “follow the leader” and the PPS will go down to where it needs to in order for MMs to take out Stop Limits. Also watch out for “odd lots” of any stock such as 3476, or 5928 – that usually means a specific MM needs a specific number of shares to fill a specific order. By watching the trades that follow such odd lots, you can often ascertain the numbers of shares an MM is trying to buy.
DISCLAIMER…! This is not rocket science, and everyone should try and put the pieces of the MM puzzle together for themselves – And remember, this is my opinion, and my opinion only … there are no “books” available that can validate my opinion … so, let us call this – my theory, and everyone should do their own research; by that, I refuse to accept any responsibility for what each of you do with the information as stated herein.
jwhite2913
quote:Originally posted by machtabow2: From a RB member... that has earned a good reputation for interpreting MM activity. mach
Monday morning into the open-
The MMs will try and take PGHI down to get shares. Two of the MMs have bad lots of orders they cannot fill, and the orders are large orders...!
Be careful if you have Stop Limit Orders in place.....!
posted
Good job cabbage... Boy... you sure are saving me valuable "mach" time during the day... Really... You summarized well my very thoughts... I'll have to read it again thouroughly a little later. Thanks again. mach
quote:Originally posted by cabbage22:
Here is the latest chart, now I will try and explain the techs as unbiased as I can.
Volume- not on the chart, but very low, under 2 mil. We will need more volume in the coming week for this to move up.
Candles- 3 days in a row of bullish candles, a good sign. Today's candle, a Hammer, shows a possible drop on monday. For an example look at the bullish hammer in mid-november followed by a bearish candle. This is usually a short term price correction. I dont expect a correction of novembers magnitude, because of the low volume. A drop to .027 .028 is realistic. After the correction, the trend will resume upwards, as it did in November
Williams %R- a measure of Oversold or Overbought securities. 80 is oversold, 20 is Overbought. When at 50, no matter which direction the price is going it is seen as a healthy rate of change. //PGHI// This agrees with the candles that the correction expected will be small if at all, because it was not overbought on Friday, it was a healthy uptrend. IMO, we would reach 20 (overbought) if it ran to .06-.08 in 2 weeks, at which time I would cash in, take free shares, and wait for consolidation to end for a new entry point. What we WANT is SLOW STEADY INCREASE. This is how real gains are made.
Stochastic- another measure of oversold/overbought. Notice how it moves with the williams %R. "Stokes" are superior IMO because it has a Fast and Slow line. When the fast crosses the slow, it indicates a possible new trend. //PGHI// 3 days ago the Fast crossed the slow and began moving UPWARDS, also seen in November before the big run up (Mach I hope you noticed that, guessing you did).
MACD. One of the most important indicators. Moving Average Convergence Divergance. The red line is the SLOW LINE or longer duration MA, grey is the fast line or shorter duration MA. In this case they are the 12/26. There are a couple things to look at with this. When ABOVE the 0 line, it is said to be BULLISH, below bearish. //PGHI// Currently we are above the 0, so we are still in a longer term bull run. YOU MUST LOOK AT BOTH LINES. When the fast line crosses the slow line it is an indication of a possible new trend. The fast line for PGHI will move closer to the slow line and will be similar to November, where it hovered around the 0. The blue divergence bars indicate which direction the slow line is moving.
EMA (Exponential Moving Average)- Moving average taking into consideration larger price swings and calculating them in. A good reference before entering a position. Trading above short duration MA is short term Bullish. Above long duration is Long term bullish. When prices drop, the VOLUME must be looked at. Dropping through any MA line on HUGE volume is BAD. However, hitting or going through any MA on LIGHT volume is ok, and is a possible reversal point. //PGHI// Over the past 2 months PGHI has been keeping with the 10 DAY MOVING AVERAGE which is very bullish. PGHI has touched the 30 Day moving average twice- In November when it bottomed, and this week, where it bottomed. And has not seen the 50 Day Moving average in a few months. This tells you the stock is bullish on short, monthly and quarterly durations.
**************SUMMARY************* VOLUME= Needs to increase to 3-4 Mil/Day on the up days, and stay below 2-3 Mil on the down days.
CANDLES= Hammer. Bullish. Small Correction Possible Monday to ~ .027 .028
WILLIAMS %R= Oversold, becoming less oversold
STOCHASTICS= Oversold, becoming less oversold
MACD= Slow above 0, Long term bullish Fast at the 0 moving back above 0, short term bullish
Exponential Moving Averages 10,30,50= Bullish on all three counts
*****OTHER FACTORS / SPECULATION********
MM SIGNALS 100 sale means MM needs shares 200 sale means MM needs shares bad-lot of orders he cannot cover 300 sale means MM is going to take price down to get shares 400 sale means trade sideways 500 sale gapping up or down depending on which way the sale went
Friday 12:28:26 200 NEEDS SHARES, much buying afterwards 15:57:48 300 0.03 + OTCBB near the close 15:57:18 300 0.029 - OTCBB
NEW WEBSITE Is expected to come out be the EOY
CHRISTMAS RALLY Its a tradition!
NAME CHANGE Changing Name to GamezNFlix possible by end of January?
SITE RANKING / HITS Site continues to get more hits month over month as other competing sites dwindle.
This has taken 2 hours to prepare, 45 min to type out, please read it.
Thank you to Mach, Mav, Marty, PSU, Milty, Raven, BetNit, and all others who actually get dirty, sift through those SEC files and other junk to get the real DD done.
And of course, pbwizard for this banner
Conclusion:
Respect and embrace the very normal 50-62% retracements that take prices back to major trends. If a trade is missed, wait patiently for the market to retrace. Far more often than not, retracements happen... just as we are about to give up hope that they shall not.
posted
Adrenalix... Thanks for the follow thorugh on this... Really. You are very savy and your mesages are great. Just wanted to let you know that! mach
quote:Originally posted by adrenalix: You have to be really careful with reading traffic rankings since it is all relative. It is not necessarily an accurate measure of a site's popularity. (traffic could be the same one week but if 100 others dropped, your ranking goes up.)
The two metrics on Alexa's report that should really mean anything to us are reach per million users and pageviews per user.
Reach Per Million users measures the number of internet users who visit a site per 1M that go online during a given time period. 3 Month average for the three: Gamefly: 93.5 GoVojo: 19.5 Veegeez: 4.5 Netflix for comparison: 2,020
Pageviews Per User measures the number of pages each unique user views per visit. This shows us whether users are actually staying and browsing the site or just leaving right away. Gamefly: 6.2 GoVojo: 6.5 Veegeez: 4.5 Netflix for comparison: 7.9
I think this gives us a more accurate picture of where Veegeez stands.
Thanks again. I often look "everywhere" that I can to gather information with respect to a the market, company, techs, and stock movement indicators. Your knowledge of how MM's work is certainly a value to all PGHI shareholders in general. I will make sure your post is highlighted for members here on Monday mornings as I would not like to see anyone lose shares as MM do their best to collect shares... and take out the stop-loss orders. Logic would tell me that a few traders may "assume" that .03 will now become a floor and place their stop-loss right under the floor... No doubt in my mind that MM will collect them as soon as they can forcing these individuals to likely buy back in at a higher price... as MM will also likely leave a big spread.... I personally read as many threads on every board as possible... Your threads have been very enlightening. Thanks again! mach
quote:Originally posted by jwhite2913: mach - Everyone,
I am also a member of Allstocks, but have not had the time recently to post much here, and my interests in the penny’s is limited to issues with very strong potential that I can validate, which has the requisites to move off the OTC, and onto a major exchange; hence, my investment in PGHI.
Over the years I have learned a few things about MM activities - and Friday there were two key signals sent out of the last four trades. Those trades follow-
The key signals were the two trades marked with ***
Nobody in their right mind would trade 300 shares of a stock with PPS of $0.029 and $0.03 = the trades would cost $8.70 and $9.00 respectively, which unless someone is using Freetrade, would be less than Commission costs…!
MMs use a set of predetermined signals – For all practical purposes, if the PPS is less than $1.00 the signals are often used on the major exchanges also … and at times they are used for stocks with PPS of greater than $1.00. Since we are talking micro-penny stocks here, nobody would trade 100, 200, 300, 400 or 500 shares of a stock trading for less than $0.10 ,,, and I do mean – nobody…! The key to MM signals follows-
100 sale means MM needs shares 200 sale means MM needs shares bad-lot of orders he cannot cover 300 sale means MM is going to take price down to get shares 400 sale means trade sideways 500 sale gapping up or down depending on which way the PPS goes – Up or Down
I have not been able to prove the signals in a dead to rights manner, but over a long span of time (40 years, with 15 years of Online Trading experience), whenever you see 100, 200 and 300 share trades in penny stocks – the MMs are going to go after shares…! I am not sure, but nearly every time I see a 200 share trade, and an immediate response at the sale Price be it Bid, Ask or in between, I am positive that the MM needs shares to cover a Naked Short position. By watching the 100, 200, and 300 share trades, and observing the trading activity that follows … a distinct and definite defined pattern can be detected. It is readily apparent from the activity that follows the “cue bids,” the MMs move the PPS according to the signal sent. Also, when signals are exchanged – trading will often stop, or pause for extended periods of time … during those lulls I personally think MMs are taking inventory since the activity that follows such lulls usually takes the PPS down.
In the case of the 500 share trades – watch the answering bids … an increase in PPS usually means the PPS will trade according to supply and demand … a decrease in PPS usually means – the MMs will “follow the leader” and the PPS will go down to where it needs to in order for MMs to take out Stop Limits. Also watch out for “odd lots” of any stock such as 3476, or 5928 – that usually means a specific MM needs a specific number of shares to fill a specific order. By watching the trades that follow such odd lots, you can often ascertain the numbers of shares an MM is trying to buy.
DISCLAIMER…! This is not rocket science, and everyone should try and put the pieces of the MM puzzle together for themselves – And remember, this is my opinion, and my opinion only … there are no “books” available that can validate my opinion … so, let us call this – my theory, and everyone should do their own research; by that, I refuse to accept any responsibility for what each of you do with the information as stated herein.
WITH REGARDS TO THE MM SIGNALS WOULD YOU THINK THAT THEY KNOW PEOPLE ARE AWARE OF THE SIGNALS AND CHANGE THEM FROM TIME TO TIME? YOU SPOKE ABOUT A LULL IN TRADING WILL LEAD TO A DROP IN PRICE IS THAT A PATTERN THAT IS CONSISTANT OR IS IT A 50/50 CHANCE.I SAT IN ONE OF THOSE LULLS ON FRIDAY WITH GMED @.041 AND WHEN THE LULL WAS OVER IT WAS @0.048.I TOO DID NOT BUY FEARING THE DROP AND THEN WATCHED IT SHOOT UP.WOULD LIKE SOME DIRECTION FROM SOMEONE MORE SEASONED THAN ME.
FOUND THIS ON I-HUB...THOUGH IT WAS INTERSTING READING.
understanding level 2.. first you have to realise that nite makes up over 60 percent of all orders filled on the otc.. than you have to know schb runs second... than on the stock you have to pick up which party is doing the raising of the funds..you have a convertible company that is there strictly to sell and where ever there is a convertible you have a company who was hired to push the stock and support the stock...
now the use of TRAC and DATA are very strategic moves on the bid that once was considered pawns by NITE and certain paid promoters before mytrack made this affordable to everyone.. for the most part when you see them and nite on the offer of a non moving stock,it simply is NITE toying with it..
GVRC-identifying this mm is tricky on stocks because he plays an interesting role lately...you must know the history and or find out real quickly from others because this mm i have noticed looks to be a black hole..in saying that he looks to be a heavy weight that some are using now to short... this mm usually is one now that is there at the top of the run..
BAMM-this is a very positive sign to a stock,he however does not have the power of a nite,but does show that the stock is being pushed and you have to be patient to make sure others join..good signal is if mm's like TDCM,VNDM,QUIN follow him
WMIN,UCAP,ACAP,DOMS,AGIS,VFIN-THIS IS WHERE THE BIG AMOUNT OF SHARES TO HIT YOU ARE...
HILL,FRAN,CRWN,WIEN- these are the second tier of mm's,but before mytracks ECN,they were pawns used by NITE to either show strength or weakness to a stock.. HILL AND CRWN usually go together a lot..they can start a run but cant afford to take a bit hit of volume either way without help from schb or nite..
THERE IS NO SUBSTITE FOR HAVING A HISTORY ON A STOCK... when you already know who does what on a stock and its history you have half the battle won..the hard part is diversity in the market,in understanding level 2 and seeing each mm's responsibility on a given day takes away from other stocks you may be interested in.. but if you are going to be a walk down player than it is essential to know who pushed the stock up,who was trying to block the move,where each individual day of the run closed and it where it gapped up to so you can find your marking points to look for on the walkdown...
BROKERAGE FIRM THAT FILLS WHEN YOU NEED IT FILLED... this can not be understated that in the market of misunderstanding you need a firm that allows you options to pick up shares in the last minute before an uptick.. when there are several mm's on the ask you can be wrong or tricked,but you lessen your odds as a stock lightens and you can still get a fill on your stock.. you cant replace history of knowing how long a nite or schb or others take to fill on say a moving FNIX on news... but with an online service that gives you an option to use others options in case one does not fill is an alternative.. this is why i use MYTRACK..
GUT FEELING-unfortuantely after everything you read and learn if you dont get an instinct to what it all means and a feel for the stocks,it wont help..concentrate and learn the signals of who is telling you on the stock it is moving..
if you are going to trade for a living,remember each stock you trade and why you bought,where and who led it,it all comes back in a circle and you will trade it again and the beauty of the otc,probably back to the same prices over time that you did last time..
I use MyTrack also, but can't find anywhere in the program that lets me pick which MM to use for buying/selling. I have noticed a few times in the past months that I have placed a buy/sell order that was routed to say ... NITE, which was higher or lower than my order, when I could plainly see on level 2 that a different MM was BID/ASK at the level I placed my buy/sell order, but MyTrack sent it to a different MM that was higher/lower than what I was willing to buy/sell. Some orders were eventually filled, but sometimes it took hours, and some were never filled at all, even though the other MM bid/ask was what I placed on my order. Did this post make sense to anyone but me?? I hope I got my point across and if anyone can shed some light on how to fix it I would appreciat it. Thanks.
posted
What is My track, everything seems to me Geek and Latin
quote:Originally posted by newstockpicker: Mach:
I use MyTrack also, but can't find anywhere in the program that lets me pick which MM to use for buying/selling. I have noticed a few times in the past months that I have placed a buy/sell order that was routed to say ... NITE, which was higher or lower than my order, when I could plainly see on level 2 that a different MM was BID/ASK at the level I placed my buy/sell order, but MyTrack sent it to a different MM that was higher/lower than what I was willing to buy/sell. Some orders were eventually filled, but sometimes it took hours, and some were never filled at all, even though the other MM bid/ask was what I placed on my order. Did this post make sense to anyone but me?? I hope I got my point across and if anyone can shed some light on how to fix it I would appreciat it. Thanks.
On September 26, 2003 Point Group Holdings Inc. (OTC BB: PGHI) announced that it had successfully acquired Veegeez.com, LLC of Santa Clarita, CA, an online video game rental company. Veegeez.com provides its subscribers video game rentals via the Internet similar to how NetFlix.com provides DVD's to its customers.
On December 11, 2003, Point Group Holdings Inc. filed form PRE-14C with the US SEC. The PRE-14C is essentially a petition by the company's board of directors to amend the Articles of Incorporation of the Company to change the name of the Company to "GamezNFlix, Inc." The Company received the consent of a majority of the outstanding shares of Common Stock of the Company for this action under a definitive Proxy Statement filed on November 20, 2003. An Information Statement describing this action will be sent on or about December 15, 2003 to the Company's stockholders of record who have not been solicited for their consent of this corporate action.
On December 9, 2003 Point Group Holdings, Inc. announced that its corporate headquarters is relocating from San Diego, California, to Franklin, Kentucky. The move is scheduled to take place during the last weeks of December. The relocation is part of the planned opening of PGHI's (soon to be GamezNFlix Inc.) subsidiary VeeGeeZ.com. The addition of the new distribution center for VeeGeeZ in Franklin, Kentucky will provide the company with distribution centers on both the east and west coasts of the United States. In support of the “Bi-Coastal Distribution Centers” VeeGeeZ has a focused effort to increase its online inventory and recently announced that inventory was increased by 37 percent.
VeeGeeZ.com, LLC announced previously that it has signed a contract with Venture Direct Worldwide of New York to handle its online marketing campaign. The experienced staff of Venture Direct Worldwide and VeeGeeZ management has developed a marketing plan to assist the company in moving to the next level. Venture Direct's Online Services Group offers a comprehensive range of media, including online lead generation, co-registration, contextual advertising and other web based ad formats, opt-in email, search marketing, and other customized online opportunities, backed by 10 years of online marketing experience, and more than 20 years of direct marketing industry leadership. The agreement with Venture Direct Worldwide for marketing represents an important step forward in the execution of our business model and I look forward to seeing good results.
On October 28th, 2003 VeeGeeZ.com, LLC awarded its new website design to Roy Vella, Web & Print Design Service (www.RoyVella.com). "The signing of this contract represents another phase of VeeGeeZ.com's business plan to provide enhanced services to its customers. In addition, the new design will not only meet our current video game rental customer base it will setup our expansion into the DVD rental world". I anticipate that the new website will be launched late in December 2003.
I believe that with the addition of a second distribution center on the east coast (New Company Headquarters), continued growth in video game inventory along with the successful launch of a US marketing campaign and website interface, that the company has made major steps toward implementing its’ business plan and to add shareholder value.
posted
I see that you guys have bee looking at my page because of the counter but no one says anything. You guys are not ignoring me are you
As soon as the new website is up I am going to start spending a couple hours a week going into all the game chat rooms I can find and posting this web site.
quote:Originally posted by BetNitAll: Doing my part. What do you guys think...any ideas. The web page will be www.onlinevideogamerental.com
posted
I especially like the name OnlineVideoGameRental.com
quote:Originally posted by BetNitAll: I see that you guys have bee looking at my page because of the counter but no one says anything. You guys are not ignoring me are you
As soon as the new website is up I am going to start spending a couple hours a week going into all the game chat rooms I can find and posting this web site.
posted
JWhite.....so glad to have you post here! I hope you can stick around! When I check RB, I have your name bookmarked and I read your posts on PGHI first. They usually link me to all the important information and it saves me hours of wading through the "other stuff". Your analysis is very much appreciated.... thanks!
PSU
quote:Originally posted by jwhite2913: mach - Everyone,
I am also a member of Allstocks, but have not had the time recently to post much here, and my interests in the penny?s is limited to issues with very strong potential that I can validate, which has the requisites to move off the OTC, and onto a major exchange; hence, my investment in PGHI.
Over the years I have learned a few things about MM activities - and Friday there were two key signals sent out of the last four trades. Those trades follow-
The key signals were the two trades marked with ***
Nobody in their right mind would trade 300 shares of a stock with PPS of $0.029 and $0.03 = the trades would cost $8.70 and $9.00 respectively, which unless someone is using Freetrade, would be less than Commission costs?!
MMs use a set of predetermined signals ? For all practical purposes, if the PPS is less than $1.00 the signals are often used on the major exchanges also ? and at times they are used for stocks with PPS of greater than $1.00. Since we are talking micro-penny stocks here, nobody would trade 100, 200, 300, 400 or 500 shares of a stock trading for less than $0.10 ,,, and I do mean ? nobody?! The key to MM signals follows-
100 sale means MM needs shares 200 sale means MM needs shares bad-lot of orders he cannot cover 300 sale means MM is going to take price down to get shares 400 sale means trade sideways 500 sale gapping up or down depending on which way the PPS goes ? Up or Down
I have not been able to prove the signals in a dead to rights manner, but over a long span of time (40 years, with 15 years of Online Trading experience), whenever you see 100, 200 and 300 share trades in penny stocks ? the MMs are going to go after shares?! I am not sure, but nearly every time I see a 200 share trade, and an immediate response at the sale Price be it Bid, Ask or in between, I am positive that the MM needs shares to cover a Naked Short position. By watching the 100, 200, and 300 share trades, and observing the trading activity that follows ? a distinct and definite defined pattern can be detected. It is readily apparent from the activity that follows the ?cue bids,? the MMs move the PPS according to the signal sent. Also, when signals are exchanged ? trading will often stop, or pause for extended periods of time ? during those lulls I personally think MMs are taking inventory since the activity that follows such lulls usually takes the PPS down.
In the case of the 500 share trades ? watch the answering bids ? an increase in PPS usually means the PPS will trade according to supply and demand ? a decrease in PPS usually means ? the MMs will ?follow the leader? and the PPS will go down to where it needs to in order for MMs to take out Stop Limits. Also watch out for ?odd lots? of any stock such as 3476, or 5928 ? that usually means a specific MM needs a specific number of shares to fill a specific order. By watching the trades that follow such odd lots, you can often ascertain the numbers of shares an MM is trying to buy.
DISCLAIMER?! This is not rocket science, and everyone should try and put the pieces of the MM puzzle together for themselves ? And remember, this is my opinion, and my opinion only ? there are no ?books? available that can validate my opinion ? so, let us call this ? my theory, and everyone should do their own research; by that, I refuse to accept any responsibility for what each of you do with the information as stated herein.
posted
Nice job BetNit....the more I see, the more excited I get.
quote:Originally posted by BetNitAll: I see that you guys have bee looking at my page because of the counter but no one says anything. You guys are not ignoring me are you
As soon as the new website is up I am going to start spending a couple hours a week going into all the game chat rooms I can find and posting this web site.
posted
Good job with ad site. Once the site is up on the master domain name you need to submit to google and like I have said I will point a link from my site to yours so Google will pay more attaintion to it. One other thing I would suggest is keywords in the alt tags of the pictures. Your keyword density for video game rentals is only 1.03%. Google like to see the density around 3% and even better at 9% but I would not go any higher then 13% to avoid keyword spamming. Heres a place you can check your keyword density for free. http://www.keyworddensity.com/
quote:Originally posted by pbwizard: Good job with ad site. Once the site is up on the master domain name you need to submit to google and like I have said I will point a link from my site to yours so Google will pay more attaintion to it. One other thing I would suggest is keywords in the alt tags of the pictures. Your keyword density for video game rentals is only 1.03%. Google like to see the density around 3% and even better at 9% but I would not go any higher then 13% to avoid keyword spamming. Heres a place you can check your keyword density for free. http://www.keyworddensity.com/
posted
I am trying to do some research and found this, does this mean the deal is not final yet,and that PGHI stills owes monies to VeeGeez?
THIS ACQUISITION AGREEMENT is made as of September 25, 2003 by and between Point Group Holdings, Inc., a Nevada corporation ("PGHI"), and the shareholders of Veegeez.com, LLC, a California limited liability company ("VC").
10.1 Audit. PGHI will cause an audit to be completed of VC records during PGHI's year-end closing.
10.2 $2,000,000 Raise. Following the Closing Date, PGHI shall use its best efforts to raise working capital in the amount of Two Million Dollars during the 12 months immediately following closing. The capital funding will be used for inventory purchases or other normal business related expenses that are approved for payment by PGHI (Does include any Salaries, Bonuses, Commissions or management wages.) The first Five Hundred Thousand Dollars ($500,000) must be raised within six (6) months following the closing and the Two Million Dollars ($2,000,000) must be raised within (12) months following the closing, should this not occur, the parties may choose to cancel this agreement by the current members of VC returning stock issued (14 million PGHI Stock) to PGHI and PGHI returning corporate records, assets, trade secrets and units to the current members of VC. If parties cancel this agreement, the current members of VC will return to PGHI any and all capital invested in VC in the form of cash and/or inventory (fair market value at the time not cost) equal to the capital invested to date, not to include any salaries and/or bonuses previously paid pursuant to the consulting agreements.
quote:Originally posted by Degs: I am trying to do some research and found this, does this mean the deal is not final yet,and that PGHI stills owes monies to VeeGeez?
THIS ACQUISITION AGREEMENT is made as of September 25, 2003 by and between Point Group Holdings, Inc., a Nevada corporation ("PGHI"), and the shareholders of Veegeez.com, LLC, a California limited liability company ("VC").
10.1 Audit. PGHI will cause an audit to be completed of VC records during PGHI's year-end closing.
10.2 $2,000,000 Raise. Following the Closing Date, PGHI shall use its best efforts to raise working capital in the amount of Two Million Dollars during the 12 months immediately following closing. The capital funding will be used for inventory purchases or other normal business related expenses that are approved for payment by PGHI (Does include any Salaries, Bonuses, Commissions or management wages.) The first Five Hundred Thousand Dollars ($500,000) must be raised within six (6) months following the closing and the Two Million Dollars ($2,000,000) must be raised within (12) months following the closing, should this not occur, the parties may choose to cancel this agreement by the current members of VC returning stock issued (14 million PGHI Stock) to PGHI and PGHI returning corporate records, assets, trade secrets and units to the current members of VC. If parties cancel this agreement, the current members of VC will return to PGHI any and all capital invested in VC in the form of cash and/or inventory (fair market value at the time not cost) equal to the capital invested to date, not to include any salaries and/or bonuses previously paid pursuant to the consulting agreements.
posted
I am not too worried about this. I read it last week and at first it concerned me, then I realized a couple of things. They have 6 months to raise the first $500,000 so it should not affect us in the short term. Second, they are doing the private placement to raise money, and they also can issue some of those 100,000,000 shares they have ready, if they need to, lets hope they don’t need to. They also have the new site coming out and the advertising campaign, plus…I am sure they could borrow the at least some of the money if they had to.
My opinion is that the website is going to be the real kicker for us. I was told that the website coming out is not the same as the one that was floating around earlier….but if it resembles it in any way….we will be in great shape. I have looked at the competitors websites and I like Roy Vella’s first idea better. More game like……then its off to advertising.
posted
Besides..if the stock starts to rise up into the dimes....there is no way that VeeGeez will want to give back that 14 million shares of PGHI they have.
quote:Originally posted by BetNitAll: I am not too worried about this. I read it last week and at first it concerned me, then I realized a couple of things. They have 6 months to raise the first $500,000 so it should not affect us in the short term. Second, they are doing the private placement to raise money, and they also can issue some of those 100,000,000 shares they have ready, if they need to, lets hope they don’t need to. They also have the new site coming out and the advertising campaign, plus…I am sure they could borrow the at least some of the money if they had to.
My opinion is that the website is going to be the real kicker for us. I was told that the website coming out is not the same as the one that was floating around earlier….but if it resembles it in any way….we will be in great shape. I have looked at the competitors websites and I like Roy Vella’s first idea better. More game like……then its off to advertising.
posted
Nothing to be worried about, 2 mil isn't much, it really isnt. Plus, they wouldnt be re-doing the website and moving to KY if they felt the money couldnt be raised. Im sure they will issue some of the stock, but that is natrual all penny stock companies must do this, its part of being a start up.
quote:Originally posted by BetNitAll: I am not too worried about this. I read it last week and at first it concerned me, then I realized a couple of things. They have 6 months to raise the first $500,000 so it should not affect us in the short term. Second, they are doing the private placement to raise money, and they also can issue some of those 100,000,000 shares they have ready, if they need to, lets hope they don’t need to. They also have the new site coming out and the advertising campaign, plus…I am sure they could borrow the at least some of the money if they had to.
My opinion is that the website is going to be the real kicker for us. I was told that the website coming out is not the same as the one that was floating around earlier….but if it resembles it in any way….we will be in great shape. I have looked at the competitors websites and I like Roy Vella’s first idea better. More game like……then its off to advertising.
posted
It already been 3 months, I wish nothing should go wrong. Please keep us posted. Thanks
quote:Originally posted by BetNitAll: I am not too worried about this. I read it last week and at first it concerned me, then I realized a couple of things. They have 6 months to raise the first $500,000 so it should not affect us in the short term. Second, they are doing the private placement to raise money, and they also can issue some of those 100,000,000 shares they have ready, if they need to, lets hope they don’t need to. They also have the new site coming out and the advertising campaign, plus…I am sure they could borrow the at least some of the money if they had to.
My opinion is that the website is going to be the real kicker for us. I was told that the website coming out is not the same as the one that was floating around earlier….but if it resembles it in any way….we will be in great shape. I have looked at the competitors websites and I like Roy Vella’s first idea better. More game like……then its off to advertising.
posted
I am not sure how to add keywords to the alt tags in the pictures. I looked at the help..and still could't find anything.
quote:Originally posted by pbwizard: Good job with ad site. Once the site is up on the master domain name you need to submit to google and like I have said I will point a link from my site to yours so Google will pay more attaintion to it. One other thing I would suggest is keywords in the alt tags of the pictures. Your keyword density for video game rentals is only 1.03%. Google like to see the density around 3% and even better at 9% but I would not go any higher then 13% to avoid keyword spamming. Heres a place you can check your keyword density for free. http://www.keyworddensity.com/
posted
Originally posted by Degs: I am trying to do some research and found this, does this mean the deal is not final yet,and that PGHI stills owes monies to VeeGeez?
The information you found is the SEC 8-K form filed by PGHI on 10/9/2003(see link below).
The closing date was September 25th 2003. On this date VeeGeez(VC) and Point Group Holdings(PGHI) exchanged shares on a 1-for-1 basis. Actually 14,000,000 for 14,000,000.
Now, in the section you posted, both VC and PGHI can cancel the agreement if they so choose if the following is not in order: $2,000,000 of working capital raised by PGHI no later than 9/25/2004. First $500,000 of the Two Million working capital raised by 2/25/2004. If the agreement is canceled, both parties will return the 14,000,000 shares minus any salaries and/or bonus(Please see link below - section 10.2)
This is not scary as read in another post.
Look at it this way, do you think that PGHI would of had made the move to KY, if the $500,000 of capital funding wasn't in place? Remember the prior statement is based on pure speculation, but is a good assumption.
The other $1,500,000.00 could be raised maybe by the PPM(Private Placement)? Maybe?
Anyway, I hope this clarified some of this and eased some anxiety. - Marty
quote:Originally posted by BetNitAll: I am not sure how to add keywords to the alt tags in the pictures. I looked at the help..and still could't find anything.
BetNit I like your work , keep it up!!
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After reviewing almost all the.....
available online console game rental sites. I have come to this conclusion: if VGs was not a public held company, I would NOT sink any money into it. There is way too much of a gamble on this, not including all the competition out there.
Do you all see my point? This is what puts VGs way out in front of the competition, being a publicly held company!
Before someone responds(please do), understand when I said "I would not sink any money into it"; I mean, if I had the opportunity to invest in a privately held VeeGeez, I probably would not take the risk, understood?
posted
Thanks for the apprentice comment, very flattering.
As for the MM signals, people are minimally aware that they exist- and they are just single trades out of a whole day, so they are easily missed.
For example, how many people would've noticed them if it was not brought to their attention? Very few. But common sense tells you nobody puts a $9 trade through.
I have watched these go through, and watched the stock act accordingly on every occasion, some more pronounced than others.
the last singals on PGHI were at 3:57 est. Two 300's
Its hard to say whether trading will follow on Monday- given the amount of time lapse. We will see.
quote:Originally posted by TRSTURGUT-18: JWHITE,
WITH REGARDS TO THE MM SIGNALS WOULD YOU THINK THAT THEY KNOW PEOPLE ARE AWARE OF THE SIGNALS AND CHANGE THEM FROM TIME TO TIME? YOU SPOKE ABOUT A LULL IN TRADING WILL LEAD TO A DROP IN PRICE IS THAT A PATTERN THAT IS CONSISTANT OR IS IT A 50/50 CHANCE.I SAT IN ONE OF THOSE LULLS ON FRIDAY WITH GMED @.041 AND WHEN THE LULL WAS OVER IT WAS @0.048.I TOO DID NOT BUY FEARING THE DROP AND THEN WATCHED IT SHOOT UP.WOULD LIKE SOME DIRECTION FROM SOMEONE MORE SEASONED THAN ME.
posted
What are you using to creat the page. Front Page, Dreamweaver, Hotdog or other. I can give you detailed instruction but need to know software.
Also I added a link from one of my website linking to your site to help Google pick you up faster.
Site looks great.
quote:Originally posted by BetNitAll: I am not sure how to add keywords to the alt tags in the pictures. I looked at the help..and still could't find anything.
[This message has been edited by pbwizard (edited December 20, 2003).]
quote:Originally posted by pbwizard: What are you using to creat the page. Front Page, Dreamweaver, Hotdog or other. I can give you detailed instruction but need to know software.
Also I added a link from one of my website linking to your site to help Google pick you up faster.
Site looks great.
[This message has been edited by pbwizard (edited December 20, 2003).]
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