posted
Guys, I have been looking at SSTY for a week or more now, and from what I can see, the price is in the 0.0035 - 0.004 range. The real range.
The ranges that we keep seeing with the 0.0025 as the low and the 0.007 as the high are just scammers buying a couple shares just to have the stock open/close either higher or lower.
-------------------- Real Estate and Stocks All the way. Posts: 318 | From: Toronto | Registered: Jun 2005
| IP: Logged |
posted
I guess it's the nature of the business that costs money so regardless of ink or whatever, large corporations and governments around the world are willing to pay the high price to fight against counterfeits.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
quote:Originally posted by Alek2: Guys, I have been looking at SSTY for a week or more now, and from what I can see, the price is in the 0.0035 - 0.004 range. The real range.
The ranges that we keep seeing with the 0.0025 as the low and the 0.007 as the high are just scammers buying a couple shares just to have the stock open/close either higher or lower.
I agree with you regarding the "scammers". It's been happening for weeks now on and off. BUT what is buying a 100 shares to bump the price up and buying a 100 shares to bump the price down accomplishing behind all this? Could this be people from the company doing this? Or are they just private individuals like us? I don't understand how these "scammers" can fill a 100 share order at a specific time when they want, for example right at 3:58 or 3:59 PM. It seems as though their orders are set at that particular time to execute. I just don't see what purpose of this activity is accomplishing for the company and for SSTY shareholders and it's pissing me off.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
DWE, I didn't end up getting the shares that I wanted at 0.0015 heheheh Obviously...
But I am just a little bit too scared to jump into this stock at its level right now and especially with the "scammers" that are working their 100 share buys.....
But I still wish you and all the rest that are in the stock great luck!
-------------------- Real Estate and Stocks All the way. Posts: 318 | From: Toronto | Registered: Jun 2005
| IP: Logged |
posted
I'm not disagreeing with you about going back to the Pink Sheets first then the OTCBB, but why do you think that tough? I'm certainly hoping that news from the Chairman is going to be GREAT news. I feel it's going directly to the OTCBB for now until otherwise advised by James Mackay on Thursday. Keep your fingers crossed. If news is just "okay", I'm glad I only have 2 million shares. My plan was to buy at least 6 million shares last year. I've got 35 other holdings that I currently own so I guess I'm okay if SSTY does good or not. All the best to SSTY and its shareholders.
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
Hi dsp, I have been following this stock for quite a while and have done extensive dd on it. The fact that we are on the grey's right now is the reason for the wide swings. There is only one market maker doing the trades, they are all pretty much match trades, so the market maker to limit his risk is supposed to only try to match trades. It is really a flip of the coin whether the market maker wants it to end up at the bid at .003 or the ask at .006.
If we were on the pinks or the otcbb then it would be a different story. Our share price would probably be around 5 to 10 cents. There are many other stocks like gzfx, qbid, hisc, and the list goes on, these other stocks were in the sub penny range and have billions of shares outstanding. The difference between ssty and these other stocks is ssty has a real good product that is need by China and also the world. These other companies have generated income to pay for operations by the sale of stock just as ssty has, however ssty has not sold much stock recently as evedinced by the retail trading patterns. In comparison to let's say gzfx, they are in competition with netflix and to capture their market gzfx would have to increase their revenue by 1000% and their subscriber base by the same amount, it is just not going to happen, in addition gzfx, would need to do a reverse share split by about 10-1 in order to make their stock appealing to larger investors. Both gzfx and qbid have increased their outstanding shares and sold them on the market to the point that the stocks will never fly. It's hard to make a 5000 pound pig fly. On the other hand ssty only has 2.5 billion outstanding and with the tremendous income potential that ssty has, when this does start to run it will run and keep running.
I expect that we will get the biggest part of the contract with china and Brand 315 which is 2 billion units a day of products. Based on the test contract that was signed November 8th, 2005 for $5,000,000. It was .0025 cents per product. The annual market is 730,000,000,000 (billion) products per year and that is just the 600 major manufacturers that are members of Brand 315. If we were to get the whole enchalada then we would be looking at $1,825,000,000. in revenue for the joint venture. Our share of the joint venture is 42% so it would be $766,500,000 in revenue for U.S. SSTY Company.
The joint venture is with Suneray Beijing Limited and our Chinese affiliate True Product ID Technologh Bejing LTD. The percentage is SSTY U.S. has 85% of the chinese company Sure Trace Asia which is now TPID and Suneray split 50/50 joint venture interest in the TPID/Suneray joint venture. So it boils down to ssty usa has 42% of any profits that come out of the chinese joing venture.
766 million revenue blows any other pink sheet stocks out of the water, like James Mackay said in his CEO interview, we are going to become a blue chip company in the future. So dsp, just sit back and relax and be glad that you bought into ssty when it is on the greys. You and I are taking a huge risk but the rewards are there, based on my research, I truely beleive that when we finish finincals and we are back on the otcbb, and when we get huge contracts with china and other countries, we will be millionaires over and over with a minimal investmnt. I have 6k invested and I know the risk but I also have a keen idea of the potential rewards and I am willing to loose my 6k in order to make millions!
I hope this answers your question. Don't worry about the swings and the greys, it will be gone soon IMO.
PS I type fast so I can get my ideas out before I forget what I want to say, and I don't use spell check. So if there are errors, sorry.
posted
lol...well DWE looks like you might be able to get in for .003 now, but it has been on a downtrend for so long. Hopefully that is bottom.
Posts: 63 | Registered: Aug 2005
| IP: Logged |
Please excuse an ignorant question, but I am having real trouble getting my order filled at Bid=0.0035. Scottrade assures me that the problem is NITE, who simply refuses to pick me up at that price. My order has been in well over 1 week, and my L2 info shows that several days have closed or opened at 0.003.
Any ideas? I hope I'm not being redundant with regard to others posts...
posted
Just because you see an open or close of 3 doesn't mean that it was someone buying at that price......it has been the bid for a while now so that usually means the price people are able to sell at.sometimes you they will sell at the bid and buy at the ask but it is 90% the other way around. GLTA
-------------------- EVERY Day ABOVE GROUND is a GREAT DAY!!! Posts: 2086 | From: Long Island New York | Registered: Aug 2004
| IP: Logged |
posted
I've seen both bid and ask drop to 0.003 (at the same time) several times over the last 2 weeks. I am just surprised that my order at 0.0035 wasn't picked up at that point.
But okay... Good luck
Posts: 80 | From: Austin | Registered: Nov 2005
| IP: Logged |
posted
KNOw3, I had an order for 2 million that took 3 weeks to fill. Just hang in there and hope that it takes before the 26th.
Posts: 311 | From: TN | Registered: Aug 2005
| IP: Logged |
quote:Originally posted by Kane31: KNOw3, I had an order for 2 million that took 3 weeks to fill. Just hang in there and hope that it takes before the 26th.
posted
Maybe your order is to big. I placed an order for 40k last night and it filled this morning at .0035
You wont get anything at .003 those are the MMs buying shares to sell to you and me.
Posts: 218 | From: MD Baltimore | Registered: Jan 2005
| IP: Logged |
posted
No B X A at the moment. Supposedly moving to the OTCBB sometime this year, hopefully this month or February as we were told by the SSTY Chairman. Then, helloooooo B X A !
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
The ideal price to buy is $0.003 to $0.0035, that is if you're lucky. I do see alot of buys today between those prices. Everybody else makes it seem so easy to get their orders filled. I have my GTC order at $0.003. If it doesn't get filled by Friday, then forget it. 2 million shares is adequate for me with SSTY
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
posted
DWE, I agree. But I just can't pick any up shares at this price. I'm starting to suspect a broker (Scottrade) issue. I requested only 100K shares, and over a week ago but still no likey...
Good luck. I believe this one has real potential. A wishful holder of SSTY, -KNOw3
Posts: 80 | From: Austin | Registered: Nov 2005
| IP: Logged |
posted
You're not alone. Everyone is having a hard time getting their orders filed. This Friday is my final day. If it doesn't get filled by then, I'm moving on. I'll keep my 2 mil shares of SSTY and hope for the best!
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
quote:Originally posted by databig: this was posted at the hub by johncee
Hi dsp, I have been following this stock for quite a while and have done extensive dd on it. The fact that we are on the grey's right now is the reason for the wide swings. There is only one market maker doing the trades, they are all pretty much match trades, so the market maker to limit his risk is supposed to only try to match trades. It is really a flip of the coin whether the market maker wants it to end up at the bid at .003 or the ask at .006.
If we were on the pinks or the otcbb then it would be a different story. Our share price would probably be around 5 to 10 cents. There are many other stocks like gzfx, qbid, hisc, and the list goes on, these other stocks were in the sub penny range and have billions of shares outstanding. The difference between ssty and these other stocks is ssty has a real good product that is need by China and also the world. These other companies have generated income to pay for operations by the sale of stock just as ssty has, however ssty has not sold much stock recently as evedinced by the retail trading patterns. In comparison to let's say gzfx, they are in competition with netflix and to capture their market gzfx would have to increase their revenue by 1000% and their subscriber base by the same amount, it is just not going to happen, in addition gzfx, would need to do a reverse share split by about 10-1 in order to make their stock appealing to larger investors. Both gzfx and qbid have increased their outstanding shares and sold them on the market to the point that the stocks will never fly. It's hard to make a 5000 pound pig fly. On the other hand ssty only has 2.5 billion outstanding and with the tremendous income potential that ssty has, when this does start to run it will run and keep running.
I expect that we will get the biggest part of the contract with china and Brand 315 which is 2 billion units a day of products. Based on the test contract that was signed November 8th, 2005 for $5,000,000. It was .0025 cents per product. The annual market is 730,000,000,000 (billion) products per year and that is just the 600 major manufacturers that are members of Brand 315. If we were to get the whole enchalada then we would be looking at $1,825,000,000. in revenue for the joint venture. Our share of the joint venture is 42% so it would be $766,500,000 in revenue for U.S. SSTY Company.
The joint venture is with Suneray Beijing Limited and our Chinese affiliate True Product ID Technologh Bejing LTD. The percentage is SSTY U.S. has 85% of the chinese company Sure Trace Asia which is now TPID and Suneray split 50/50 joint venture interest in the TPID/Suneray joint venture. So it boils down to ssty usa has 42% of any profits that come out of the chinese joing venture.
766 million revenue blows any other pink sheet stocks out of the water, like James Mackay said in his CEO interview, we are going to become a blue chip company in the future. So dsp, just sit back and relax and be glad that you bought into ssty when it is on the greys. You and I are taking a huge risk but the rewards are there, based on my research, I truely beleive that when we finish finincals and we are back on the otcbb, and when we get huge contracts with china and other countries, we will be millionaires over and over with a minimal investmnt. I have 6k invested and I know the risk but I also have a keen idea of the potential rewards and I am willing to loose my 6k in order to make millions!
I hope this answers your question. Don't worry about the swings and the greys, it will be gone soon IMO.
PS I type fast so I can get my ideas out before I forget what I want to say, and I don't use spell check. So if there are errors, sorry.
Good luck.
Go SSTY
I've always had confidence in SSTY even during the scandals of August of 2005. I don't like how the PPS has been performing for the last 2 months but that's just the way it is for these microcap stocks, you win some and you lose some. Reading the above post that "databig" provided this morning made me feel even better about Sure Trace's future and what's up and coming throughout the rest of 2006. To be honest, for awhile there, I was losing hope for this company but that's just natural part of being a shareholder and when thousands of dollars are invested into these companies. It's just a matter of time when SSTY goes to the bigger boards, and once it does, I think our future with this company as shareholders will be a whole lot brighter than it is at the moment.
Keep on the lookout for early press releases and don't forget about the company video release to shareholders on Thursday, January the 26th.
It's just a matter of time now......
-------------------- "NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Mad]](mad.gif)
![[Smile]](smile.gif)
