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Gator... If it ain't broke don't fix it hahahaha May have an EOD pop to give us a white candle...be nice to get 90% confirmation ... Hey?
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Me too man...Too many shares and too much at stake to take risks...If I flip this it will be with only 25% of my shares...Gonna play this one safe and by the book...
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Notice on the chart below...The 50 day moving average has crossed over both the 200 day and the 100 day moving average...Some folks refer to this dynamic as the Golden Cross...The Golden Cross is obtained when the 50 day moving average crosses over the 200 day moving average...
With CNES this can change if we continue to trade sideways. Friday the third Doji in a row was formed. This shows a tug of war between buyers and sellers. We need a confirming upward trend in the PPS....0011 or higher would accomplish that... I'm hoping for this white candle soon to insure the Golden Cross signal is confirmed... GLTA
quote:I've said it a million times now. Charts don't mean jack without earnings. News can give a short term gain, but it goes back down to the previous level and even lowere eventually if no earnings are reported.
Why would you guys expect the value to go up when they aren't making money???
Play the news, get some free shares. Earnings will send this thing into the stratosphere, no joke. Remember, it was worth over $20 at one point. I'm still all in at .0031 and I'm telling you now I will make out big on this even at that price.
This is the difference in investing and knowing about a company and daytrading. This company is worth millions - as the utility industry deregulates and needs low cost rt solutions they are, hopefully, going to be turning to CNES. In intellectual property terms this company already has a value well beyond what the current PPS is. That's why over the next few months as everyone waits for contract news and anticipation/speculation grows it will continue to bounce up and down, building a higher base up each time from which to spring.
GLTA
Value and speculation are two different things. They have 10s of millions of dollars of debt and have yet to truly pay any of it. The technology as it stands right now is worth zilch because no one will buy into it. I have plenty of patience, trust me, but common knowledge is what makes people common. When's the last time you saw a day trader in the news for making it big? Day trading is for get rick quickers, a few will make it on luck, but most don't. And contrary to popular belief, for every dollar gained there is not a dollar lost, the truth is that for every dollar gained the amount lost varies but is often much worse, which is why when you lose %50 you have to make %200 to recoup your loss. Think about it. I'm not telling anyone to leave CNES, doing so would be blatantly moronic. I've been all in on this bad boy for more than a year and I'm not going anywhere. I'm just asking you to think.
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make sure you quote properly Nicholas. The first part of that did NOT come from me.
As for paying off whatever debt has accrued - that happens when a company makes the jump from being developmental to functional. CNES is in the process of doing that. Do you have any idea how big this industry is going to be?
I'm not here as a daytrader, I'm here as an INVESTOR in the company and their technology. When it hits, it will hit big and come fast. One big contract from a California utility and this will snowball across the country IMO. Be a part of it or don't - it makes no difference to me. CNES is one of the few penny companies that I have EVER seen to have laid a strong foundation for growth and a launchpad for which to become a really great company. They have secured financing for the next year, AND have hired full time a man with great contacts in the Cali utility industry in Lighthipe to facilitate contracts, partnerships or mergers. GO CNES!
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Nicholas, I don't think they have that much debt. According to a PR on March 16, 2006 (see below). Their debt to lenders on March 8, 2006 was ~4.6 mil this doesn't include the newest 1.27 mill they just got. They may have other debt I'm not aware of. Where did you get the 10s of millions of $ from?
Last Update: 3/16/2006 11:16:21 AM Data provided by
Mar 16, 2006 (M2 PRESSWIRE via COMTEX) -- Market Gainer is quickly emerging as a one stop shop for the elite information regarding opportunities in the Canadian and American exchanges. Visit our website to obtain more information on this company and others like it. Our research team strives to bring undervalued opportunities to the attention of avid traders, in order to create an international community of investors. ConectiSys Corporation (CNES) Share shot up 9% to $.0012 while trading over 212 million shares at the time of publication. The recent activity appears to be justified due to the current corporate development.
On March 14, 2006, ConectiSys Corporation (the "Company") and AJW Partners, LLC, AJW Offshore, Ltd., AJW Qualified Partners, LLC and New Millennium Capital Partners II, LLC, (the "Investors") executed a Securities Purchase Agreement dated as of March 8, 2006 that provides for the issuance by the Company of Callable Secured Convertible Notes in the aggregate principal amount of $1,270,000 and the issuance of Stock Purchase Warrants to purchase up to an aggregate of 20,320,000 shares of common stock of the Company ("Common Stock") in exchange for aggregate consideration of up to $1,270,000 in cash.
The Securities Purchase Agreement contemplates an initial investment of $370,000 and nine equal monthly investments in the amount of $100,000 each for aggregate proceeds to the Company of $1,270,000. The subsequent monthly investments contemplated by the Securities Purchase Agreement are terminable upon 30 days advance notice by either the Company or a majority- in-interest of the Investors.
The Callable Secured Convertible Notes are due March 8, 2009, accrue interest at the per annum rate of 6% and are convertible into shares of Common Stock at the lesser of $.03 per share and 40% of the average of the lowest three intraday trading prices of a share of Common Stock during the 20 trading days immediately preceding conversion. The Stock Purchase Warrants are exercisable into shares of Common Stock at a fixed exercise price of $.0009 per share.
In connection with the Securities Purchase Agreement, the Company also has entered into a Registration Rights Agreement with the Investors. The Registration Rights Agreement provides that the Investors may, subject to certain customary limitations, demand that the Company, and that the Company shall thereafter be obligated to, register for resale with the Securities and Exchange Commission an amount of shares of Common Stock equal to 200% of the number of shares of Common Stock underlying the Callable Secured Convertible Notes and the Stock Purchase Warrants. In addition, the Registration Rights Agreement provides that in the event that the Company undertakes to file with the Securities and Exchange Commission a Registration Statement covering shares of Common Stock to be sold by the Company or by one or more holders other than the Investors, the Company shall provide the Investors with notice and the opportunity to, subject to certain customary limitations, cause the Company to include in such Registration Statement an amount of shares of Common Stock equal to 200% of the number of shares of Common Stock underlying the Callable Secured Convertible Notes and the Stock Purchase Warrants.
The obligations of the Company under the Securities Purchase Agreement, the Callable Secured Convertible Notes, the Stock Purchase Warrants and the Registration Rights Agreement are secured by substantially all of the assets of the Company pursuant to a Security Agreement and an Intellectual Property Security Agreement.
The Company has previously entered into various Securities Purchase Agreements and related instruments and agreements with the Investors concerning financing transactions on terms substantially similar to those described above. As of March 8, 2005, and not including amounts received by the Company in connection with the transaction described above, the Investors have collectively lent to the Company funds in the aggregate amount of $4,650,000.
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I sometimes get the feeling you mix CNES with another stock you may have gotten burned on... I also feel you may be mixing the experience from another investment with the DD on CNES...
I see Wino and Gator are trying hard to give you an honest perspective concerning your CNES investment...I am interested to see you are commited for the long term.
I don't day trade this stock either...but ...am considering swing trading a portion...Folks are talking about GZFX on Monday...I'm going to follow that run to give me insight as to how CNES may bahave in the future. I hope I get a perspective so as to swing trade for cash or more shares...There are many ways to make money in Pennyland and your right when you say there are also ways to loose...
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I sometimes get the feeling you mix CNES with another stock you may have gotten burned on... I also feel you may be mixing the experience from another investment with the DD on CNES...
No, I'm not mixing it with anything, I'm just trying to shut up all these people that are trying to read a chart on a sub-penny with no earnings and expecting it to take off just on what a chart says. You might as well get a hand reading because it would be just as accurate at this point, there's simply too much room for error in movement on a sub-penny, that's why almost none of the big boys on wall street dabble in this market. Value is my thing, I'm about to grab my masters in finance and even as a student I can tell you that this stock as stands has a negative value with an undertinable intrinsic value. It's market price is moot right now as it's not the company's current worth. If you know anything about the concept of "mr market" you will understand completely. What I am saying is that it would be good for those not in to wait for a lower entry point, as low as you can possibly get in because it will make you exponentially that much more money when this baby ends up on every home in the US. It hasn't hit it's bottom...think about it.
-------------------- When you reach the bottom, the only place to go is up, that or die - Indian Larry
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You've made your chart/earnings point several times...I happen to disagree...Your point is relevant to the " big boys on Wall Street" Sub Pennies is not the place for determining a run based on earnings...If value is your thing you may want to spend time in another land and not Pennyland...Congratulation on your work with your masters in finance...It won't help you with CNES over the next couple months and neither could the Big Boys...Look for successful folks here if you want to make some bank...Most of those follow charts and swing trade or day trade or play runners...
A similar point was made the last two weeks with GZFX and they snuck that PR in Friday after hours..All the folks that listened to the advice to wait and find a lower entry are out of it or will be chasing on Monday...The run Monday is based on a contract with Circuit City...No earnings on that contract yet but watch that puppy fly...and...they increased the AS to 25 Billion...figure the value with that ????
Everyone has to choose their own entry and you've not given any evidence of a better entry than now...I'll stick with the charts on this puppy...At least I have market indicators to evaluate and the last runs to compare...What do you have?
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quote:Originally posted by Bearclaw: Ok Nicholas...
You've made your chart/earnings point several times...I happen to disagree...Your point is relevant to the " big boys on Wall Street" Sub Pennies is not the place for determining a run based on earnings...If value is your thing you may want to spend time in another land and not Pennyland...Congratulation on your work with your masters in finance...It won't help you with CNES over the next couple months and neither could the Big Boys...Look for successful folks here if you want to make some bank...Most of those follow charts and swing trade or day trade or play runners...
A similar point was made the last two weeks with GZFX and they snuck that PR in Friday after hours..All the folks that listened to the advice to wait and find a lower entry are out of it or will be chasing on Monday...The run Monday is based on a contract with Circuit City...No earnings on that contract yet but watch that puppy fly...and...they increased the AS to 25 Billion...figure the value with that ????
Everyone has to choose their own entry and you've not given any evidence of a better entry than now...I'll stick with the charts on this puppy...At least I have market indicators to evaluate and the last runs to compare...What do you have?
Statistical proof and a time-proven method. If you can name a dozen people here that had made it rich day trading (as in are accredited investors), swing trading or playing runners I'll believe you. There are 793 (legal) billionaires on the planet, guess how many got there reading charts and playing "hot stock tips"?
CNES is completely educated speculation, which goes against my beliefs, but I know what rewards it can reap for the longs. I'm in this bad boy for at least 5 more years or until they go bankrupt or sell the technology or whatever happens. If they happen to reverse merge with GE or something crazy like that...I'll literally have a heart attack at age 23.
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Well, you've certainly made your point Nicholas...
If you don't believe in sub-pennies or penny stocks you shouldn't be here on the board or trading them. Which appears to give you an alternative motive for being on this board....
All I will say is if you know what you're doing and can find the patterns in trading and chart the rest, you CAN make good money in trading sub-penny stocks. What you need is a researched and educated idea about what is going on with a particular company, and the understanding of the pattern in which a particular companies stock trades.
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Looks like some volatility is entering mix here--not causing me to sell my shares though. The tree was shaking today--and perhaps some bailed with a loss.
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That was a 5K trade at .0006...I assume it was suppose to be a 5K signal at .0009 and it was a typo...Not worth messing with for them...
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APRIL is the start of the second quarter. I realy hope CNES is one of the vendors being considered.
SCE plans to issue the following procurements:
SCE's AMI Program - RFI - Part B (2nd Quarter, 2006) SCE' RFP Business Systems Integration Planning for Phase 2 (2nd Quarter, 2006) SCE's AMI Program - RFP (1st Quarter, 2007)
PRODUCT ENDORSEMENTS Unless vendor has SCE’s prior written permission, it will not (1) associate vendor’s products or services with SCE or SCE’s operations or (2) represent to anyone that SCE has employed or endorsed vendor’s products or services. Breach of this section entitles SCE to immediately eliminate the vendor from any further consideration.
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AHD... I'm counting on it...SCE is one of the utilities a CNES pilot is in...They should have the data from the pilot over the past three years (approximate length of the pilot so far)...
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