posted
painted down to these levels, but weekly sharpchart shows MACD about to connect on a big time low. it should boom. come on santa.. bring it, lol
posted
yea, mine too. but i think mm's are loving that we all want to throw in the towel to them this low, only thing i like now is the weekly chart shows MACD cross coming and it trends well from that point.. thats about the only thing i like though, lol.. but that is a strong indicator imo. I hope it crosses and goes big. shame that company cant update us at all when pps is this low? that wouldnt hurt.
posted
I'm starting to hate this company, leaving shareholders in the dark like this. At least its an OB, so they file and we know that no dilution is going on, but come on....can we please get some news updates!
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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posted
this is sad to watch....as long as they don't dilute, I'll stay in and not take my loss, because they will have some news at some point, and even if this goes down more I think it rebounds past .0055
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posted
Okay did some dd and made a ton of calls! I got in touch with Tioga Downs and the way they talked was that they are busy every night there and that people are really hitting up the gaming facilities. Waiting to hear from management of TPWR on getting a PR on updating the public on how things are going. As stated in an earlier post by someone else this was worth more when they were making nothing now that they are bringing in money the is no reason for the drop in PPS. Waiting this out should pay off!!!!!
-------------------- "Remember that time is money." Posts: 412 | From: Murfreesboro | Registered: Oct 2006
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posted
Stocktrader take a look at this. Below I have posted a past pr. It says TPWR sold 10% ownership in American racing. Correct me if I am wrong but I believe that the financials for November will look real good because of this. Here is my reasoning first the 1 million being used to pay off debt will lower our liabilities. Also I am not an accountant but, I believe that the money they are making now off of Tioga and Vernon and the preferred dividend mentioned in the pr will be going into retained earnings which in turn will raise stockholder equity. Also some of the money is going to be used to invest in other projects which would mean the raising of our assets. I bring this up only to point out that when the financials do come out we should be looking for a significant raise in PPS just from the financials even if we get news. This is just my take on things let me know what you think.
TORONTO, ONTARIO--(MARKET WIRE)--Oct 27, 2006 -- TrackPower, Inc. (OTC BB:TPWR.OB - News) today announced that is has concluded the sale of 10% of the ownership of American Racing and Entertainment, LLC. to Southern Tier Acquisition II LLC., and Oneida Entertainment Holdings Inc. for $2.3M US in cash. ADVERTISEMENT
After the sale, TrackPower's ownership is 10% of American Racing and Entertainment, LLC. TrackPower also receives a monthly management fee and a preferred dividend of $2.5M out of the first $5M in profits.
One million dollars of the proceeds of the sale was used to pay off the senior debt in TrackPower, Inc. to Mellilo Investments.
-------------------- "Remember that time is money." Posts: 412 | From: Murfreesboro | Registered: Oct 2006
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posted
Can someone explain this to me. I don't see any dilutive filings from the company, so legally I don't think they can dilute since they are a reporting company.
Second, how in the world has the accumulation/distr line keep increasing higher, RSI oversold, and CMF positive for so long and this keeps going lower!
MM manipulation? Are we going to pop from here over a penny?
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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posted
Well we have been waiting along time for this one... Our wait might be getting close to the end Volume has picked up the last month or so...The candle today is indecisive but a lot of green volume today. RSI is about 27, CCI starting to turn back up and stochs are starting to swing north
posted
TPWR has all wondering when and only time will tell but here is something to look at click on link below and look under bullish signals, look at the Alcoa chart they have...their pps is going down, Now look at the ACCum/Dist line from Aug to Nov its rising and rising above the 20 day MA line
Now look at TPWR pps going down but the ACCU/Dist line continues up the same way rising above that 20 MA line, it is just a matter of when... patience is the key, so a wise one keeps telling me
posted
Still here as well, waiting and watching. Hard to buy more when I'm down, but when news comes out and they let it go, should make some good bank. So, got an order in for more at .0033 Would be nice to see this fly for Christmas! I've been leaving messages for Ed and Carrie, but haven't got a call back yet. Anyone else make contact with the Co?
By the way, in looking at all of the previous PR's, I noticed that they have almost without fail released a PR every month in the course of the last year, usually several times a month. I beleive this is the longest period of silence to date. It would be very unusual if they do not come out with some kind of an update shortly!
Posts: 616 | From: Mid West | Registered: Mar 2006
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quote:Originally posted by 10of13: OK...this is my last purchase for 06...
Hope it's a good one...GLTA!
It will be a good one...it was trading over a penny before they opened their new gaming facilities, it got crushed when one person from management resigned. They are getting great business, its at its low, chart looks fantastic. Hold this for a little, it wont pop overnight, but easy 50%+ from here.
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look at the accumulation/distribution line for months...no where but up...CMF has been no where but up. MACD is about to cross.. This is going to be a huge bouncer!
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
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