I can see the usual nervousness on the board of a small drop off of ALL TIME HIGHS.
Support is at .05, not too hard to see that- Next support is at .042, as it always has.
We are forming either an M-Type top, look it up if you dont know what this is.
Or, the handle of the cup. To complete the handle we need to move back up near .055 and stay level on increasing volume. If this isnt done in the next few days we are likely to slide into another cup from the M-type top.
IMO we will slide to mid/high fours for a cup bottom, and anticipation of news will drive us back up.
Stop worrying! Some of you people drive me crazy!!!!!! jk
ps check out CYOS and tell me what you think, tech alert this afternoon, could be a good swing play
posted
IMO this is a handle. Seems to be a pretty normal and healthy action for this chart.
Also, if you want to see something positive, look at the chart, see how the lows (dips) are still increasing towards that .06 mark....creates more pressure for a blow.
Mike
[This message has been edited by Wooter (edited January 21, 2004).]
Posts: 201 | From: Fraser, CO USA | Registered: Dec 2003
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posted
delt16 I would normally agree with you but I just bout another 100000+ shares today so it's a bit hard for me now...hahaha. Oh well no worries, were just setting up for a run.
Posts: 112 | From: El Paso, TX, 79938 | Registered: Dec 2003
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posted
For everybody on this board I respect each and everyone's opinion here. But the reality is you are not going to get rich over night from this or any company. You need to be patient and not play this with scared money. Everyone these days are only looking for the quick buck, and the truth is it doesn't happen. I mean sure there is the Lotto, but the odds just really suck. Just imagine your surfing, sometimes there are waves and sometimes there are not, but the ones who become pro surfers are the ones that are out there no matter what. I wish you guys the best as I'm holding this one for the long haul.
------------------ Matthew Taber
Posts: 172 | From: long beach, California, united states | Registered: Sep 2003
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posted
picked up another 250k at the end of today...hehehehehehe....days like today are for buying more.
Posts: 220 | From: San Marcos, Texas, usa | Registered: Dec 2003
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posted
I'm riding this train and I've learned a lot from reading this thread. I'd like to ask a question off of PGHI. I saw a huge buy of RNWK for 376500 shares for approx $2.5 mil. It was almost a third of the days trades and I was wondering what this might indicate. Any insight? Thanks, SKI
Posts: 8 | From: Traveler | Registered: Jan 2004
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posted
Well, I'm now in the PPM and almost all 35 unaccredited spots are filled. I don't think anyone has an idea of how many accredited investors there are thus far.
What I would like to know is if we had guesstimated how much PGHI has raised so far or if they are close to raising $1,000,000 yet. Anyone have any projections or guesses?
Magoo, I know you were considering investing a sizeable amount through your group, have you talked with JF about it yet? Everything you've bought thus far is just common stock right?
[This message has been edited by RedBullish (edited January 21, 2004).]
quote:Originally posted by RedBullish: Well, I'm now in the PPM and almost all 35 unaccredited spots are filled. I don't think anyone has an idea of how many accredited investors there are thus far.
What I would like to know is if we had guesstimated how much PGHI has raised so far or if they are close to raising $1,000,000 yet. Anyone have any projections or guesses?
Magoo, I know you were considering investing a sizeable amount through your group, have you talked with JF about it yet? Everything you've bought thus far is just common stock right?
[This message has been edited by RedBullish (edited January 21, 2004).]
Guess I got to a computer just in time to answer your question.
My group holds just under 10 million shares of common stocks. The rest of any more investment will go to the private stocks or in some other manner once I am able to speak to john Flemming and see what might be worked out.
I am in Chicago right now on a business trip and will be in Kentucky late Thursday hen seeing JF on Friday.
Might have some information to share by Saturday evening but will need to see what will come out of the meeting and will take a little time to form an offer after talking with my group and then presenting it to JF.
Hopefully I will be able to share some useful information but will only be able to talk about the details which JF will allow me to share.
I do not want to hold anything from our group but until things are put into place then they are best not talked about in public.
posted
This was probably one of the best, most enlightened posts that I have seen concerning the recent PR release (and re-release)...
quote:Originally posted by j160e: Listen people, I think this was a great pr but I really didn't expect it to move the pps very much. Yes, they have entered into a joint venture with Legend Mobile, this is great, but until the pr's come out detailing RESULTS from this joint venture as far as actual marketing initiatives, I wouldn't expect anybody other than us current investors to get that excited. We are still on the OTC, remember? There's a lot of people who still aren't sold on PGHI. We see it everyday with posters asking if this is a good time to get in. Maybe I'm way off base here, but I for one as a long am just as content as when we were heading up to the all time high. This is called patients (def.: calmly awaiting an outcome). Yes it would have been great if the price soared. In time it will, IMHO.
j160e
Posts: 95 | From: Watertow, MA, USA | Registered: Dec 2003
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posted
Does anyone know how many members Veegeez has so far? I have looked and can't seem to find this out. Can someone help?
Posts: 181 | From: Colorado Springs | Registered: Jan 2004
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posted
Guys, this is a great time to question your faith in PGHI. I'm saying this because I went through the same thought process when I first bought at 0.008. I bought quickly on a feeling of excitement when I read the PR saying that PGHI bought Veegeez.com. In my mind I thought, wow so they'll be the first and only publicly traded company renting videogames and seeing Netflix's stock I was jumping up and down.
That evening after I bought, I started to do the serious DD and then I started to have some doubts. I thought, man the current site is so ugly and they probably don't have that many subscribers and the company must be dumping shares massively for the price to be under a penny!
Then after listing all of my concerns, I emailed John Fleming and asked him all of my questions. It is then that I discovered how awesome of a CEO he was and from that point on I held onto my shares until now.
It is ok and it is healthy to question your faith in a company at all time, after all it is your money and not the neighbor's! Just keep in mind that although PGHI is much more stronger and stable than the majority of pennystock, it is stil an OTCBB and WILL suffer from MM's manipulation and day trading. As the PPS moves higher with time, we will see less day traders and more longs in this stock.
If you believe in the company and you did your DD, step away from the stock for a while and you will be happy when you get back to it!
posted
Nobody has an official count released by management or the company, but it is estimated to be anywhere between 1000 and 2000 at this point in time.
GLTA!
quote:Originally posted by Brada777: Does anyone know how many members Veegeez has so far? I have looked and can't seem to find this out. Can someone help?
posted
im kinda hoping we dont get too much PR before the new site comes out... seroiusly that must push away so many investors.. the current webiste is a complete POS and the new site is amazing.. hopefully its up soon.
quote:Originally posted by tommy: Guys, this is a great time to question your faith in PGHI. I'm saying this because I went through the same thought process when I first bought at 0.008. I bought quickly on a feeling of excitement when I read the PR saying that PGHI bought Veegeez.com. In my mind I thought, wow so they'll be the first and only publicly traded company renting videogames and seeing Netflix's stock I was jumping up and down.
That evening after I bought, I started to do the serious DD and then I started to have some doubts. I thought, man the current site is so ugly and they probably don't have that many subscribers and the company must be dumping shares massively for the price to be under a penny!
Then after listing all of my concerns, I emailed John Fleming and asked him all of my questions. It is then that I discovered how awesome of a CEO he was and from that point on I held onto my shares until now.
It is ok and it is healthy to question your faith in a company at all time, after all it is your money and not the neighbor's! Just keep in mind that although PGHI is much more stronger and stable than the majority of pennystock, it is stil an OTCBB and WILL suffer from MM's manipulation and day trading. As the PPS moves higher with time, we will see less day traders and more longs in this stock.
If you believe in the company and you did your DD, step away from the stock for a while and you will be happy when you get back to it!
Cheers and GLTA!
Posts: 191 | From: Orange, CA | Registered: Jan 2004
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Not only that, but the page has been cleaned up, and notice that the horrendously misplaced graphical overlay, which had stuck out like a sore thumb, is now gone. It's not as well laid out as the new design, but it's a noticeable improvement. This looks better for potential subscribers and investors, alike.
Posts: 13 | From: Natick, MA, USA | Registered: Jan 2004
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posted
looks the same to me.. its still very cluttered.. if u look at the NETFLIX website it is pure simplicity.... i hope they do more work on the new site in that aspect
Posts: 191 | From: Orange, CA | Registered: Jan 2004
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posted
Drake, can I please smoke the same thing that you are smoking? LOL
Nothing changed on the site, the guys just smoked some realllllly good stuff!
quote:Originally posted by Drake: Not only that, but the page has been cleaned up, and notice that the horrendously misplaced graphical overlay, which had stuck out like a sore thumb, is now gone. It's not as well laid out as the new design, but it's a noticeable improvement. This looks better for potential subscribers and investors, alike.
[This message has been edited by tommy (edited January 21, 2004).]
posted
Yeah, right. Duh. I wasn't pointed at the homepage but the new titles page. The homepage still has the offending overlay and is as poorly laid out as it always was. It wouldn't take a rocket scientist to tidy things up a bit, but I suppose why bother if the upgrade isn't far off.
quote:Originally posted by tommy: Drake, can I please smoke the same thing that you are smoking? LOL
Nothing changed on the site, the guys just smoked some realllllly good stuff!
[This message has been edited by tommy (edited January 21, 2004).]
Posts: 13 | From: Natick, MA, USA | Registered: Jan 2004
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I strongly believe we are seeing a delayed effect from the PR. I am hoping that with this delay we will actual finish the five cents as base and without any further PR continue on past .061 , we shall see if my feelings are correct.
We all know how my "feelings" are, I never thought the PPS would come this far down after a press release. So do your own due diligence and use people's posts as guidance. - Marty
quote:Originally posted by m_h13021: Here is my am opinion,
I strongly believe we are seeing a delayed effect from the PR. I am hoping that with this delay we will actual finish the five cents as base and without any further PR continue on past .061 , we shall see if my feelings are correct.
We all know how my "feelings" are, I never thought the PPS would come this far down after a press release. So do your own due diligence and use people's posts as guidance. - Marty
quote:Originally posted by m_h13021: Here is my am opinion,
I strongly believe we are seeing a delayed effect from the PR. I am hoping that with this delay we will actual finish the five cents as base and without any further PR continue on past .061 , we shall see if my feelings are correct.
We all know how my "feelings" are, I never thought the PPS would come this far down after a press release. So do your own due diligence and use people's posts as guidance. - Marty
posted
Regarding subscription numbers... they may not have reached 1,000 yet...
But that's nothing to be alarmed about. We are investing in a FUTURE game rental company, one with a new website, public investors, a new distribution center, and movies as well.
PGHI just acquired veegeez.com for their staff, inventory, and a head start.
Go back one month(around Dec 15th) and you will see that we were in the mid 2's(I think). Look at us now!!! This is great. If the company did this in the last month with little news or news that didn't get out like it should have. Where will we be one month from now. 20 cents plus is very possible. It also seems we have a new base here in the low 5's. Look back two weeks and tell me were the PPS was then. Sit back and watch this puppy fly. This will be one of the "shoulda" stocks in a short time. Good luck and lets get ready for party time when in hits .50
Posts: 181 | From: lodi, ca | Registered: Dec 2003
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Go back one month(around Dec 15th) and you will see that we were in the mid 2's(I think). Look at us now!!! This is great. If the company did this in the last month with little news or news that didn't get out like it should have. Where will we be one month from now. 20 cents plus is very possible. It also seems we have a new base here in the low 5's. Look back two weeks and tell me were the PPS was then. Sit back and watch this puppy fly. This will be one of the "shoulda" stocks in a short time. Good luck and lets get ready for party time when in hits .50
Posts: 181 | From: lodi, ca | Registered: Dec 2003
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quote:Originally posted by RedBullish: Regarding subscription numbers... they may not have reached 1,000 yet...
I agree, i can only guess but 500-600 would be a very accurate number. Why such low numbers, well in my opinion VG has not even started yet, when the new site arrives that is the new beginning. Really PGHI has done nothing yet to VG's, yah maybe some advertisement(test the waters) but that is about it. The site as it stands now sucks, and this is why the low number of subs(guesstimate).
Remember, it will be a whole other ballgame soon. I can't wait to see sub numbers in six months. -
posted
I know as much as you guys about the subs but I think you are way off target and here is why. On Dec of 2002 they had 400 subs when PGHI acquired them. Shortly after they lost a small amount. From Jan 2003 to Oct 2003 the company reported the growth at 35-40% month over month. Not just 35-40% but month on month. This is huge. Also, from Nov till now the company has grown at the rate of about 25%. I provided the numbers, now figure it out. I would say we have 7,500-10,000 as a low ball and if you calculate the numbers we should be north of 10,000 subs before the end of 2003. The percentages I provided are facts provided by the company as well as 400 subs in Dec of 2002.
Posts: 181 | From: lodi, ca | Registered: Dec 2003
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