quote:Originally posted by Mav: Just a quick read for you guys, this gets better as I do my DD.
In The Year 2007... Peer into the crystal ball of market research and see the future of the video game industry.
April 17, 2003 - The already massive worldwide video game market is expected to keep growing, from $20.7 billion in 2002 to up to $30 billion by 2007, claims a new report from research firm DFC Intelligence.
The report, titled "Worldwide Market Forcasts for the Video Game and Interactive Entertainment Industry," makes a number of predictions about the future of the industry. While it argues that Sony will likely remain the market share leader well into the next generation of systems, it anticipates that Microsoft and Nintendo will begin to close the gap in system sales.
"The Playstation 2 could eventually have sales of over 100 million hardware units, thus the Playstation 3 has to be a favorite to continue Sony's market leadership positition," said David Cole, president of DFC Intelligence. "but we expect as much as 50% of Playstation owners to eventually buy an Xbox or GameCube."
"Nintendo is being very aggressive with hardware pricing, software bundling and is doing a better job with third-party relationships." elaborated Cole. "This should really help them in the long term."
The report also notes that Microsoft, despite its position as the new kid on the console block, has still been fairly competitive. The decent performance of the Xbox should theoretically pave the way for a much smoother ride with the company's next system.
posted
That is really Hilarious.... They were signaling the desire to accumulate on Friday... and were not able too... I think the volume Monday suprised the heck out of these guys... Yes indeed... they are likely on the phones... Scrambling... mach
quote:Originally posted by cabbage22: I can't handle these half hour gaps in between trades, Im going crazy! 10-15 minute gaps Im used to but this is ridiculous.
The MM's must be in a conference call deciding what to do after Magoo bought up the shares they wanted, hahaha
quote:Originally posted by cabbage22: I can't handle these half hour gaps in between trades, Im going crazy! 10-15 minute gaps Im used to but this is ridiculous.
The MM's must be in a conference call deciding what to do after Magoo bought up the shares they wanted, hahaha
LOL! Ol' Magoo gooed up their big plans. As for waiting goes... yeah this seems really intense like a Mexican standoff.
posted
What's happening... alful big movement going on... bid just up to .037... MM want shares badly... Looking for weak hands... No way would I dare sell at these levels... Our breakout is coming! mach
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Im once again bringing this to your attention. It is important to look at and understand this and the attached chart.... Only then you will realize where we are headed iN the very near future. imho mach
CANDLESTICK CHARTING PATTERNS ASCENDING TRIANGLE PATTERN OCCURING BREAKOUT IMMINENT (Link Provided) Let's talk about the ASCENDING TRIANGLE... This pattern is occuring here and will eventually lead to our BREAKOUT...
On the ascending triangle, the horizontal line represents overhead supply that prevents the security from moving past a certain level. It is as if a large sell order has been placed at this level and it is taking a number of weeks or months to execute, thus preventing the price from rising further. Even though the price cannot rise past this level, the reaction lows continue to rise. It is these higher lows that indicate increased buying pressure and give the ascending triangle its bullish bias. http://stockcharts.com/education/ChartAnalysis/triangle-Ascending.html
.05 has been resistance on two previous occassions. Reaction lows continue to rise. When we have our final base established at .04 and our new name change and web site are released.... OUR ASCENDING TRIANGLE PATTERN will lead to a BREAKOUT.
Also keep in mind.... as I've stated before. Because we have no previous buyers above .05... theres is ZERO upside resistance which means the BREAKOUT will be significantly stronger than most anticipate. .10 and beyond will be here soon.
*** Future's so Bright ***
quote:Originally posted by Mav: ASCENDING TRIANGLE AT PGHI ....
[This message has been edited by machtabow2 (edited December 23, 2003).]
[This message has been edited by machtabow2 (edited December 23, 2003).]
posted
Maybe the MM read this message and decided they better start accumulating at all cost! mach
quote:Originally posted by machtabow2: Well as per our discussion with Magoo and Friends... he stated that they would try and accumulate another 2.1 million shares between .032 & .036... unless I read that wrong. I advised him to buy in smaller quantities as not to make the price run up to fast. It seems that others desire the same entry.... I could point out a few messages on other threads where investors also had that target entry in mind. imho there is bid support and it's not reflected accurately on Level II. "The MM's want your shares." mach
[This message has been edited by machtabow2 (edited December 23, 2003).]
posted
Also take into consideration that when a company files for a ticker symbol change, there must be NO SHORTS on the stock previous to the change. This means that MM's MUST COVER their shorts before the change or they will be in big trouble with the SEC!
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posted
Wow... this is a very big point Tommy! Huge! That means if MM brought this down over the last 14 days or so... by shorting it down... they have no choice but to cover. Because the name change is occuring soon and ... combined with the Bullishness... they have no choice... but to buy... buy ... buy! This will certainly help our breakout! mach
quote:Originally posted by tommy: Also take into consideration that when a company files for a ticker symbol change, there must be NO SHORTS on the stock previous to the change. This means that MM's MUST COVER their shorts before the change or they will be in big trouble with the SEC!
posted
Yes, they have no choice left just buy, buy and buy as hell.
quote:Originally posted by machtabow2: Wow... this is a very big point Tommy! Huge! That means if MM brought this down over the last 14 days or so... by shorting it down... they have no choice but to cover. Because the name change is occuring soon and ... combined with the Bullishness... they have no choice... but to buy... buy ... buy! This will certainly help our breakout! mach
quote:Originally posted by tommy: Also take into consideration that when a company files for a ticker symbol change, there must be NO SHORTS on the stock previous to the change. This means that MM's MUST COVER their shorts before the change or they will be in big trouble with the SEC!
posted
That certainly is a hot point! It's always good to have a strong group of well rounded, knowledgeable traders here. Tommy... glad you are on this board! mach
quote:Originally posted by COOLORANGEFREEZE: Can the situation get any better? We hold strong and the MM's are forced to buy due to an SEC reg.
posted
Great info tommy, def post of the day- Are you the fellow that came from RB? If so that is very un-RB-ish of you.
The highest short possible is .049, Im guessing most was done the day of the PR and days following from .049 down through .04- In other words they have to cover in this range or face a loss
quote:Originally posted by tommy: Also take into consideration that when a company files for a ticker symbol change, there must be NO SHORTS on the stock previous to the change. This means that MM's MUST COVER their shorts before the change or they will be in big trouble with the SEC!
posted
I wonder if Mr. J. Fleming planned this. A name change forces the buy. Doesn't he have a PhD in Accounting? Just a pure hypothesis.
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quote:Originally posted by machtabow2: That certainly is a hot point! It's always good to have a strong group of well rounded, knowledgeable traders here. Tommy... glad you are on this board! mach
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