quote:Originally posted by Sally77: You afraid of my wrath?! Gee, I guess I've developed a reputation. I'll try to be more sweet and nice in the future.
I will make no bold predictions on FGFC, ahem RE: subject line of this thread, but green is good for me. Just want more green. Sooner is better than later.
No .... not afraid of the bark at all, but it does lead me to wonder about the bite. LOL Lets just hope we close to our subject line some day.
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Evenin' all. Still no response from IR regarding share structure. called ta today and as of last night there wasnt any dilution. Sally, what kind of gumbo are ya eating? TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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tman, my husband, who is some percentage cajun has made chicken and sausage gumbo. We are too far inland to get the fresh seafood and it's just not the same with the frozen stuff, so we stick to the old land based animals.
-------------------- Not in? Don't spin.
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Cotton used to keep a total share count by owners from this thread. I think we were near 97M. Other boards had similar numbers. At the time I think the float was 142M. If 4 or 5 sites held 300 to 350M shares, would this not indicate a heavy short condition? This was months ago, and if so, how would that shortage effect where we stand now with a PPS around .0045? Have the MM's gained enough shares at a much lower price to help compensate for a potential squeeze? Anyones thoughts.
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wtf, 97 million... freaking OS is what 240 million.. and i own .05% of OS.. huh.. at these insane low levels.. lol... I am thinking company is buying up float too...
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Coby, I wouldnt put much stock in those numbers today. I would assume alot of those folks have sold and moved on.
With 1/3 of the float trading in one day last week I think alot of folks are just flipping shares making a few bucks.
I dont hold alot of faith in this right now. As I said in a post a few months ago on this thread, when they reduce the shares, and keep them reduced, show us audited financials, show where they are making a net profit and actually move to an exchange, then we may have a company that we can be glad we are a part of. Until then, this is just a pink stock.
Sally, my wife is from an area east of New Iberia and she makes some of the best shrimp gumbo you could ever eat. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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tman, i think someone is shorting as i see the selling as way overdone, there has been way more buying than selling, and accum line should be going up.. not down.. i smell naked selling..
quote:Originally posted by tmanfromtexas: Sally, my wife is from an area east of New Iberia and she makes some of the best shrimp gumbo you could ever eat. TMAN...
Probably the same gumbo because my husband's mother is from Delcambre.
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quote:Originally posted by tmanfromtexas: If you are referring to naked shorting, I know what that is. I dont believe I have ever heard of it called naked selling. lol. TMAN...
I've done that before, yup just a bag o Cheetos a beer and my investment account (good times, good times, sigh).
-------------------- If ignorance is bliss, why aren't more people happy?
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just got in at .0041, hopefully this the bottom, been watching this all year, owned a few times....need some more buying pressure and it could go
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Someone try calling the TA tomorrow and/or Friday...se if the o/s has changed...it takes 3-5 business days for the TA to account for traded shares...
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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I was just playing with the calculator a bit.
Using the current PPS of .004 as a base, if they were to retire 100 million shares, that would leave 141,682,048 outstanding, or a 42% share reduction. That would equate to a share price of .0068 for the remaining 58%
If they were to reduce to 50 million as advertised that would be a 80% reduction from where we are now and would translate to .02 per share.
Now this is all using .004 as a starting point and we have been heavily manipulated down to this point. I have another way to look at it. FGFC advertised that they expect 7 million income at year end.
241,682,048 shares with 7 mil. income equates to .0289 per share. At 141,682,048 shares with 7 mil. income we should have .0494 per share. At 50,000,000 shares with 7 mil. income we should be at .14 per share.
I like the later of the three obviously but by my estimation, we should be trading at .02 minimum right now based on pure expectation.
-------------------- If ignorance is bliss, why aren't more people happy?
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Thanks Cotton for the share update. I tried to call twice today but only got voice mail. Its hard to do when your working a turnaround. Thankfully this one is over for me and I will be headed to the GREAT STATE of TEXAS tomorrow. woohoo.
Sally, thanks for the Buyin update. What does that mean for us? I hope it means green. lol. BTW, I was working with a few guys from that neck of the woods here in Carson Ca. Some one put a Texas flag atop a heater stack one night and all the natives here were none to happy about it. I told them that the boys and girls from Texas and Louisiana had them out numbered 2 to 1 so they should just surrender and get it over with. lol. The flag was down the next day. lol. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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flipped some in last run, as i had a hunch it wasnt time..bought more at .004 today.. mm's should let this run soon.
SSGI backed off to .0044 all day and mm's behind them were all at .006..
charts are back to a bottom, looks like the last little vol run was a shake by mm's between panicks and the flips to get off SHO list. now may be when it really runs nice...
quote:Originally posted by tmanfromtexas: Thanks Cotton for the share update. I tried to call twice today but only got voice mail. Its hard to do when your working a turnaround. Thankfully this one is over for me and I will be headed to the GREAT STATE of TEXAS tomorrow. woohoo.
Sally, thanks for the Buyin update. What does that mean for us? I hope it means green. lol. BTW, I was working with a few guys from that neck of the woods here in Carson Ca. Some one put a Texas flag atop a heater stack one night and all the natives here were none to happy about it. I told them that the boys and girls from Texas and Louisiana had them out numbered 2 to 1 so they should just surrender and get it over with. lol. The flag was down the next day. lol. TMAN...
I hope that it means that the PPS was driven down by the MMs in an effort to cover. They seemed to have covered. Since we have been removed from the "significantly short" list, I would say it was time to move it back up to the sky and finally get our piece of the pie. I hope.
A nice PR would kick it up a notch.
-------------------- Not in? Don't spin.
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chack out last time charts lined up like this, look at the accum line now... how low, then the spring.. compared to last time it ran HUGE.. in early june...
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