posted
that is true. over .004 right straight to 1c. Look at SVMI that is similar. Patience is only needed. Remember that when the share price went from 1c to 7c the news came one day before and no surge was seen when the news came out.
Posts: 429 | Registered: Jun 2006
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First, there was a technical problem in the central news distributor yesterday so that for the first half of the day, the really exciting profits news only showed up on BusinessWire and not on other services like Yahoo. This decreased the viewership and some investors may have been cautious since they didn't know at the time why the news didn't show up everywhere. As a result, the price didn't spike as high.
Second, SEVI's second news release included a discussion of the dilution that has happened over the past two months.
When you add these two factors together, the expected share value stayed the same, around 0.012. So we're continuting to trade 75% below value. We need new investors with more money to become aware of the quality of this stock and its current huge discount in order to drive the price up to its fair market value (there may also still be some significant naked shorting going on). In a way, I'm glad the price didn't spike so high since I'm holding this stock long-term. If we ease up gradually, the stock will seem more stable to investors and build strength rather than just spiking and falling. The quality of the company is clear--they're growing their profits and they're reaching all the milestones they've predicted. The next year is going to be fun to watch.
Take care, -A
Posts: 58 | Registered: Sep 2006
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First, there was a technical problem in the central news distributor yesterday so that for the first half of the day, the really exciting profits news only showed up on BusinessWire and not on other services like Yahoo. This decreased the viewership and some investors may have been cautious since they didn't know at the time why the news didn't show up everywhere. As a result, the price didn't spike as high.
Second, SEVI's second news release included a discussion of the dilution that has happened over the past two months.
When you add these two factors together, the expected share value stayed the same, around 0.012. So we're continuting to trade 75% below value. We need new investors with more money to become aware of the quality of this stock and its current huge discount in order to drive the price up to its fair market value (there may also still be some significant naked shorting going on). In a way, I'm glad the price didn't spike so high since I'm holding this stock long-term. If we ease up gradually, the stock will seem more stable to investors and build strength rather than just spiking and falling. The quality of the company is clear--they're growing their profits and they're reaching all the milestones they've predicted. The next year is going to be fun to watch.
Take care, -A
Thank you, hopefully next week we can start seeing an uptick. Good luck to all in this one.
-------------------- "What we have here is a failure to communicate". Posts: 226 | From: TX | Registered: Jun 2006
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-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
I like the look of the RSI, this week looks solid.
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
I hope you all had a nice weekend. Here’s my summary of SEVI from last week for any newcomers to this list:
Beginning of last week: Systems Evolution's symbol returned to SEVI (from SEVIE) after filing their 10K which showed a 20% increase in revenues for the past year, and the share price jumped from 0.0015 to 0.0027 (spiking to 0.0035). Take a look at the 10K for details (and of course note the standard risk statement for a developing company, etc): http://biz.yahoo.com/e/060928/sevi.ob10ksb.html
End of week: Announced 160% (estimated) increase in revenues from SEVI's Next Hire division --33% (estimated) increase in SEVI's overall revenue for the coming year (excluding an additional possible increase from SEVI's computing consulting division which recently achieved Microsoft Gold Partner Status).
SEVI's new managed services contract is with Petrobras Oil (14th largest oil company in the world, valued at 88 billion), is for 3 years, and includes the hiring of all personnel at Petrobras' new U.S. installation. http://biz.yahoo.com/bw/061005/20061005005297.html?.v=1
In their 10K, they also announced their intentions to double their employees due to increased demand for their services.
SEVI paid off 25% of their long-term loans over the past year (by converting to shares).
SEVI appointed Eddie R. Tipton to its board of directors. Mr. Tipton is the Senior Security Consultant to the Multi-State Lottery Association---MUSL runs the well-known "PowerBall" game: http://www.musl.com/
We received an up-to-date tally of the number of SEVI shares at 490 million, with no indication of further share dilution, although management hasn't explicitly stated an end yet: http://biz.yahoo.com/bw/061005/20061005005626.html?.v=1
We have a new estimate for this year's gross profits at 5.5 million (on an estimated revenue of 8 million--by my calculations).
The new projected share value is 0.0112 ($5.5 million/490 million shares).
Thus, SEVI's current share price of 0.0027 appears to be a 75% discount.
posted
will this be a gradual increase over a couple weeks or a spike over a couple days
Posts: 73 | From: irvine | Registered: Sep 2006
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posted
Expecting a gradual but significant increase over the next few weeks. But will spike if more news comes out (e.g. we've received recent news from only one of their two main divisions--Next Hire, and we know their computing consulting division has also won some new contracts recently).
posted
It appears that with no strong buying pressure at open, someone was able to push the price down with very little volume (250,000-500,000 shares) and trigger a lot of sales at the 0.0022-0.0021 range. Since then the price has been fairly stable. While I didn't expect the stock to drop 20% today, I am not surprised. It bounced off the same level a couple of times last week. It will probably need more news to push to the next level. By now I'm used to this sort of movement with SEVI.
posted
quote: -------------------------------------------------------------------------------- Originally posted by Zack Donino: I like the look of the RSI, this week looks solid. --------------------------------------------------------------------------------
What's your thoughts on today then?
My analysis is geared more toward big boards. No one could have predicted this...yet I stand by my comments.
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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posted
Why would we gap up? That makes no sense, we might gap up if a pr was released afterhours or before open wednesday. But, we wont just gap up because you want it to. The stock will remain in this range untill a new pr is released. It may even decline as shareholders lose interest in the stock. Don't get me wrong I want .01 as much as the next guy, but lets not spread rumors of gapping.
-------------------- “Money itself isn't lost or made, it's simply transferred from one perception to another." Posts: 540 | Registered: Mar 2006
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