> BALTIMORE, Dec. 9, 2004 (PRIMEZONE) -- View Systems, Inc. (OTCBB:VYST), a homeland security and surveillance company, today announced a Thailand Construction company SPComputer Group has ordered its first Secure Scan Portal with full payment in U.S. Dollars. SPComputer Group's primary clients include airports, upscale hotels and government buildings.
"This is first of several sales recently made to international entities," stated CEO Gunther Than. "Both our Secure Scan Portal and Visual First Responder are gaining exposure and interest in new markets and segments. This is creating greater recognition and credibility for our technologies that is transferring into sales for View. As we continue to enter new markets our customers are confident in the technologies' ability and have been reassured by results the schools, courthouses, government agencies and commercial entities have experienced."
View Systems is in negotiations with several distributors in foreign countries building a network to penetrate new markets. The company believes the additional cost reductions currently taking place will bring the final product under the $10,000 price point making the units more attractive for multiple orders in both domestic and international markets.
About View Systems, Inc.
View Systems, Inc. provides a broad range of products to law enforcement, military, government agencies, educational facilities, hotels, event and sport venues, and commercial businesses. View Systems has an extensive network of distributors, licensees and strategic alliance affiliates.
Forward-Looking Statements
This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The Company's actual results could differ materially from expected results.
posted
Bid/Ask both at 0.20/0.20 now.........rollin' down da street smokin' endo....sippin' on gin 'n juice....laid back.....wid mah mind on mah money an' mah money on mah mind..........another cool Dog.......
------------------ "When the strike of the hawk breaks the body of it's prey, it is because of timing" The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
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hey dog had a quick question i tried to get in this as soon as the news came out and it was starting to go.......my question is do you always use a limit order?? and say the current price is .13 and it's runnin' off of news to catch it can you put an order in for say .15 so when it hit's .15 your order is in or is there a better way to get in with out chasin' it??
quote:Originally posted by Ktrain420: hey dog had a quick question i tried to get in this as soon as the news came out and it was starting to go.......my question is do you always use a limit order?? and say the current price is .13 and it's runnin' off of news to catch it can you put an order in for say .15 so when it hit's .15 your order is in or is there a better way to get in with out chasin' it??
thanks in advance
What would happen if you placed a market order? Would you get screwed?
Posts: 118 | From: Los Angeles, CA | Registered: Dec 2004
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Market orders can screw you. Expecially if you sell on them. I use "Limit" orders. If it comes out "Hot", depending on your Brokerage House, you can set your buy just slightly ahead of the ask (the ask is the best you can get on a fast riser as a rule), the stock runs into YOU, or your broker should give it to you for the slightly less asking price if you are quick enough to be executed in time. The issue I really want to hammer home.......when you purchase a stock using this fast paced method of play, immediately set up your sell order with the same price you bought at but don't execute it......just minimize it to have quick access to it. If it turns around on you, BAIL with none or minimal loss. Taking twenty minutes to talk yourself into buying in on a run will kill you 90% of the time, as you miss the gain. You end up buying at a peak and watch your money evaporate by holding onto it, or the stock hits a plateau and levels off while you stare at it wondering if its gonna go up more now that you own the crap. We're playing the pennies here people. Get In And Get Out. Take the profit and run. Curiosity killed the cat.......indecision killed the daytrader. Ruff!!!
------------------ "When the strike of the hawk breaks the body of it's prey, it is because of timing" The Art Of War - Sun Tzu
"Do Da Due - But Be Damn Quick About It" Da Art Of Daytrading - Dardadog
quote:Originally posted by Dardadog: Market orders can screw you. Expecially if you sell on them. I use "Limit" orders. If it comes out "Hot", depending on your Brokerage House, you can set your buy just slightly ahead of the ask (the ask is the best you can get on a fast riser as a rule), the stock runs into YOU, or your broker should give it to you for the slightly less asking price if you are quick enough to be executed in time. The issue I really want to hammer home.......when you purchase a stock using this fast paced method of play, immediately set up your sell order with the same price you bought at but don't execute it......just minimize it to have quick access to it. If it turns around on you, BAIL with none or minimal loss. Taking twenty minutes to talk yourself into buying in on a run will kill you 90% of the time, as you miss the gain. You end up buying at a peak and watch your money evaporate by holding onto it, or the stock hits a plateau and levels off while you stare at it wondering if its gonna go up more now that you own the crap. We're playing the pennies here people. Get In And Get Out. Take the profit and run. Curiosity killed the cat.......indecision killed the daytrader. Ruff!!!
I use Ameritrade and I have to place my order within 90 seconds or it is cannceled. Ameritrade now has trade triggers that can be used with pink sheets. I was thinking about setting up a trailing stop using these trade triggers once I buy in for protection, with an auto trigger to sell if it falls, say 5%. And these triggers definietly work with pinks, even though I can not set up a trailing stop order, I can use these triggers to do esentially the same, except that I need to set the limit for the sell in the triggers, but if I set the limit at my purcahse price it could be used to get out quick if things turn around with no loss.
thanks for your info,
Posts: 118 | From: Los Angeles, CA | Registered: Dec 2004
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posted
thnanks for the info dog, that is what i was lookin' for.......i seem to catch the runners alot nowadays' but sometimes i find that i can not catch it i will put in my buy at the ask and by the time i finalize my order the ask has risen over my buy price.....i may try the method of letting the stock run into my buy order and set it like one above the current ask.......i use Etrade, dog i know you said you did not like Etrade any reason i should switch....like is ameritrade faster in excuting trades etc......??
quote:Originally posted by travman: I use Ameritrade and I have to place my order within 90 seconds or it is cannceled. Ameritrade now has trade triggers that can be used with pink sheets. I was thinking about setting up a trailing stop using these trade triggers once I buy in for protection, with an auto trigger to sell if it falls, say 5%. And these triggers definietly work with pinks, even though I can not set up a trailing stop order, I can use these triggers to do esentially the same, except that I need to set the limit for the sell in the triggers, but if I set the limit at my purcahse price it could be used to get out quick if things turn around with no loss.
thanks for your info,
I have two Ameritrade accounts one useing the old format and one useing the new one on the new one you can basicly store and order ( put it on hold ) so you can get by the 90 second problem
Posts: 1169 | From: Pollock Pines Ca | Registered: Feb 2004
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Hey dog I trade with scottrade and they won't trade for fractions of a penny unless I call and place the order. Do u have a company that will trade at fractions of a penny right online???
Posts: 2201 | From: Tampa | Registered: Nov 2004
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Ameritrade lets me trade whatever I want with no problem. I can't however, trade OTC on margin.
quote:Originally posted by andrewAAB: Hey dog I trade with scottrade and they won't trade for fractions of a penny unless I call and place the order. Do u have a company that will trade at fractions of a penny right online???
Posts: 118 | From: Los Angeles, CA | Registered: Dec 2004
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posted
Thanks I like scottrade, but I am not liking having to call all the time. Do u get charged more for buying at fractions? They charge me $22 plus half the principle when I buy at fractions.
Posts: 2201 | From: Tampa | Registered: Nov 2004
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quote:Originally posted by andrewAAB: Thanks I like scottrade, but I am not liking having to call all the time. Do u get charged more for buying at fractions? They charge me $22 plus half the principle when I buy at fractions.
Posts: 157 | From: CLEVELAND TN UNITED STATES | Registered: Oct 2004
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