posted
Average down, or simply wait. Listen guys, gals, and monkeys. Other than not making a profit (which should be coming soon), we all know that this company has great fundamentals. As Al has stated, "Stocks don't go to the Nasdaq without a few bumps".
I'm seriously thinking about giving up watching this on a daily basis. I'm in for the long haul and watching just makes my head spin. In 6 months or less, those who are patient enough to keep from squeezing the trigger will be happy, IMO.
posted
I wish I could average down, but have no money to do so. Oh well, i guess we will be testing that .03 wall soon. Unbelievable after those 3 PR's yesterday, in total shock to be honest.
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quote:Originally posted by nattty04: I wish I could average down, but have no money to do so. Oh well, i guess we will be testing that .03 wall soon. Unbelievable after those 3 PR's yesterday, in total shock to be honest.
you can average down by flipping I guess. selling and buying lower, but that takes skill
theres a possibiling you could sell * .033 and buy * .031 unless it goes lower which no one knows if it will, tomorrow will be a good day to buy imo
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posted
Guys this was to be expected these aquisistions weren't free. The real problem here is that we have a very small shareholder base releative to other pennys...If you look at a gzfx and smtr and mobl neom the shareholder base there is in the upper hundreds if not thousands. I think we have 300-400 investors at best. So when the dillution comes in it takes a while to be absorbed. The other thing is that I beleive that they are converting to load up. I know alot of you speak to anthony via email..if he is open with you guys what do you think ajw knows they are the main investor...when he went and borrowed another 700k don't you think he said hey i need this to aquire such and such. so ajw is converting shares to get ready for a run...The os is around 55mil float 42mil that is very small still. If we were to release major news with a float of 20mil the sp would go throught the roof and ajw wouldn't make nearly as much money. plus you would have serious liquidity issues. Anthony is slowing rolling out the plan at the same time he is getting conversion requests there is nothing he can do about it. The money was borrowed. I do think that he will in the future work to get alternative financing for these aquisitions. If this really rock hard you might even see a buy back way down the road....
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posted
emich, I think you're dead on it. In all the discussions of why the pps isn't running up, I think you're the first to be so accurate.
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posted
If we could get sustained buying pressure that would move us. Look alot of us here bought in the .07's and .06's. Then the dillution came and ajw has been buying what they are convering the problem is that as the dilluition takes place retailers are getting out. This stock has a tight foat and as retailers are selling the mm's are loading up. This stock trades like it has a tight float cause it does. So when someone sell 100k with no buyer there it drops things. Arca sold 850k do guys really think that there wasn;t a buyer for that. Think about the days when we have no volume and no arca then tink what happens when a 100k sales goes through and you see how much it drops...
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posted
No red flag, just too many daily requests for the numbers. They have too many other things to handle. Further, it can actually be constued as insider info.
-------------------- I have taken a vow of poverty, so if you want to irritate me, send money.
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quote:Originally posted by tech1: No red flag, just too many daily requests for the numbers. They have too many other things to handle. Further, it can actually be constued as insider info.
posted
I emailed the Anthony Welch about an hour ago expressing my concern about the low PPS. He replied and confirmed what I had stated earlier that the conversions were is affecting the share price. We all know from our "economics" classes that when supply exceeds demand the price drops. When those conversions stop/slow down we will move up. Best to all longs.
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posted
I think I should reiterate this. We have been through hellified dilluition but that was to be expected when you see the deal. Nite being the prick he is held us below .09. That killed us because as soon as a conversion went through they ate it up at .07 10mil shares. Then they were covered. But alot of us were in at .06-.07. Some of us sold to at .08...The point is is that there aren't enough retail investors to eat up the dillution that has gone on. Along with reatailers selling becuase of fear. I will say this though this company has alot going for it. There won't be a pr today it was postponed. Anthony is doing his best to limit the cd's but that is the price you pay for financing when you are a start up. It still is better than cornell. Secondly all he can do is work hard to grow the company. The more things that are happening the more investors will come buy. It won't take alot if buying to return us to .06. If we were to get a day of 3-4mil in buying for a couple days we would be rocking the problem is we release 3 prs and 500k in buys. Please that is like five people throwing a couple grand at this. We need bug money. I think it will come.
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posted
I've got a couple of grand I'm going to sink into more shares in the next day or so. But sorry, no bug money (sorry, just had to do that).
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posted
yeah yuck it up...if i was a professional typer i wouldn't be here...notice how the i is next to the u...by the way you guys haven't heard of bug money i guess you aren't in the know....
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RED FLAG....According to some interesting posts on IHUB, this could see three today.![[Smile]](smile.gif)
