posted
Hey, and as a side note, Ameritrade FINALLY is reflecting the correct closing price. After more than a month of showing us closing at .07 and showing us down 30-50 percent, we are finally showing green!
And it only took 5 emails from me whining about it to correct it!
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Well looks like i was right . That .041 just was not going to hold. However, this I believe could run more than all of us think today, BUT we have to get a couple upticks from NITE. Nobody wants to buy right now at 9:40 because over the past week of trading we have seen, besides yesterday, a initial strong buy for the first 45 minutes with a strong support only to see it drop back down below the open. So, if we could get some help from NITE I think .047-.051 is possible, even with sell offs from flippers.
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posted
Well NITE bumped up a tick. We have 4 or 5 buys we will hit .045 with a bump up from ETRD and NITE to .042-.043, and then we could run. Lets go, I know you are listening!!! lol.
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quote:Originally posted by NextWeek: Aldeberon HRVE is facing delisting due to NOT meeting the $1. mininum requirement. How do you propose getting around that fact? Only two possible ways that I know of, price per share increase or reverse split. If you know any magic then there are a bunch of companies facing delisting that are waiting for your call ($$$).
This is how I see it:
HRVE's pps is splipping. They have been given a delisting notice by the SEC for not maintaining the minimum $1/share price. This puts the company - and its shareholders - in a very unfavorable bargaining position. If they get delisted, pps surely falls through the floor. Surely they would do almost anything to stay on the Nas?
Now here comes Anthony Welch, owner of a little, rapidly-growing company called Modern Technology. Welch is offering to buy HRVE for what I presume is a favorable price to us, in order to save its shareholders from losing their shirts.
HRVE did $40,000,000 in sales last year. MOTG, without HRVE, is looking at revenues of $20,000,000 this year, without any more acquisitions or Hnet contracts, etc. The resulting company will have $50-75,000,000 in revenues. The buzz and increased revenues will push the share price of the company - now listed on the Nasdaq as MOTG - above $1.00/share. Where it was only last November. The HRVE shareholders are happy, and MOTG shareholders are happy. It's a win-win situation.
That's how I see it happening.
Nextweek, thanks for your contributions.
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NITE is doing a goog job of keeping this at least .04 by maintaing the TOP BID of .04
The next bid is .037
NITE could, theoretically, lower their bid to .039 and still buy up everything. NITE must know that anything bought at .04 will bring a better price later. I would like to double my position today in either both XDSL or MOTG. XDSL has got to drop 15% and MOTG 25% for my orders to fill. I prefer XDSL today.
I have 17 Windows open today so need to close a few so I may disappear for a bit.
quote:Originally posted by tech1: I'm waiting on my latest deposit to clear with Scottrade, should be later today, then I'll be buying some more. Hang in there, guys!
Scottrade always has my funds by EARLIEST 11:59
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. That .041 just was not going to hold. However, this I believe could run more than all of us think today, BUT we have to get a couple upticks from NITE. Nobody wants to buy right now at 9:40 because over the past week of trading we have seen, besides yesterday, a initial strong buy for the first 45 minutes with a strong support only to see it drop back down below the open. So, if we could get some help from NITE I think .047-.051 is possible, even with sell offs from flippers.
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