posted
ok, im in at .03. Still hating that I waited this am... I hate being a newbie!
The buyback is supposed to happen next week is that correct? If the buyback occurs, will the bid price just go to .06... in other words, how do I know if they want to buy my shares back?
Posts: 97 | From: North Carolina, USA | Registered: May 2006
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Volatile, as long as you make something in this thing, you're a step ahead of many on here. You don't have to make a fortune on every trade. Most of the time, I try to take 20 - 30% and run. You can always get back in on a dip if you like the stock. Don't fall in love with any of them. You're here to make money. Take what you can get and go. Don't fret over the what ifs and if onlys. They'll cost you big time.
Posts: 2132 | Registered: Sep 2004
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I think we test the .04 wall in the afternoon. I think we close at .039 than the big test will be can we punch through .04 tomorrow before the sell off tomorrow EOD. That is assuming no gap.
-------------------- Thanks Matto. Thanks Juice. Posts: 2945 | From: USA | Registered: Feb 2006
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Thanks amswap But you have to admit making a fortune would be a nice thing
And youre right... I guess Im just really new and although I have read a TON on the market... Ive never actually put any "theory" into practice with my real money... but I am getting excited.
Thanks again for answering all my n00b questions.
Posts: 97 | From: North Carolina, USA | Registered: May 2006
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No problem Volatile. One thing you'll find is that we all have and continue to make mistakes that cost us. All the reading you've probably done won't help much in the pennies. It's all a guess since their are no reporting requirements and the accounting if very often shady to say the least. That's one reason I like this stock and have been in it for a while. It's great to find one that actually wants to grow and likely move to the big boards. I play with the pennies and it has provided a living now for 5 months. It's a lot of fun.
Posts: 2132 | Registered: Sep 2004
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posted
That's exactly what I am trying to do. I have one more semester till I graduate with 2 degrees but I would rather do this everyday to provide a living for me and my family.
Do you mind if I add you to my "buddy list?" You have been incredibly helpful. I really appreciate it.
And so far, it has been a lot of fun... except until now all my picks haven't done too well. Making money is far better than losing it. ha
Posts: 97 | From: North Carolina, USA | Registered: May 2006
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So much for thinking we broke through the .03 wall. We may sit here for an hour or so right through lunch. Please prove me wrong!!!
Posts: 2132 | Registered: Sep 2004
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If they qre saying that they will buy back shares at .06, to improve the PPS to .90 to 1.00, why the hell is anyone selling? Is this one of those that we can ride to the top? methinks maybe. I am pissed that i sold 1/3 yesterday so I could ride free shares.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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flippers and daytraders, cotton. those things might prove to the biggest obstacle in getting this thing to REALLY move. it'll just take more time, but i have faith.
-------------------- Cashing checks in two forms: Money and Reality
GLTA, The Phat Man Posts: 1236 | Registered: Apr 2006
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quote:Originally posted by cottonjim: If they qre saying that they will buy back shares at .06, to improve the PPS to .90 to 1.00, why the hell is anyone selling? Is this one of those that we can ride to the top? methinks maybe. I am pissed that i sold 1/3 yesterday so I could ride free shares.
I also sold enough today and yesterday to ride free shares. Nothing wrong with protecting your capital. Even if this thing does go to .90-1.00, that's one ell of a lottery ticket!
Posts: 769 | From: Hotizona | Registered: Aug 2005
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This morning I was going to sell 1/2 my position and get my principal out and ride the free shares. Then after reading the PR I decided to buy more. Just got 20,000 more at .03.
With the share buyback up to .06 announced by the company and the earlier announcement of the elimination of shares on the float the PPS should go up to .06 easily. Strangely enough I thought it odd that the company was extending the buyback to next week after they announced it to the public.
Posts: 2498 | Registered: Mar 2006
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We need the holders to continue to buy this thing. The more the holders have and the less the flippers have the faster we move up. It will go up, just depends on how many get them that want to hold for the huge payoff.
Posts: 2132 | Registered: Sep 2004
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Almost identical to yesterday with the # of shares traded with a little higher pps. I still think we'll see .038 eod.
Posts: 2132 | Registered: Sep 2004
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quote:Originally posted by rocked: oh f*ck it's the basher....repo, go away
He hasn't bashed this one at all. He usually only bashes what he knows to be a POS. You can only hope to make the finds he does.
Posts: 2132 | Registered: Sep 2004
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Hey rocked, do a search and investigate what he has bashed and see if he wasn't on at least 99% of them. He has saved me a few bucks in the past and I think he knows his stuff. His input is a welcome commodity in my book.
Posts: 2132 | Registered: Sep 2004
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But you have to admit making a fortune would be a nice thing 
