posted
A quote of mine from further up the page here:
"How many pinks have we seen come from nowhere and have 1000% gains, and promises to publish audits, share buy backs, move to a higher exchange......all the standard bullcrap, only to see NONE of the promises come to fruition? Even the OTCBB reporting companies allude to million dollar deals, whether in revenue and / or profits. When it is all said and done they have nothing, but an oops, excuse me, here's the real story, and then they dilute by 100's of millions shares, or depending on the size of their balls, maybe even billions of shares.
I ask you, (not you personally, but the universal "you"), how many times do "investors" have to be duped to understand THERE IS NO LONG TERM INVESTMENT HERE? Y'all can name them as easily as I can, but you see "believers" say, "Well, I talked to the CEO and he seemed snicere." No kidding, he's a conman, what the hell do "you" think conmen do? They con you!
This is a pos company, 99.999% of them are. There isn't any fact or logic with any of them that one can draw an educated or sure conclusion from. The tripe I presented regarding RNVO's potential future actions, might happen, but can anyone be logially sure, or even assign a probability percentage of it happening or not? It's a nice story, it's a longshot gamble, but it could be nothing. It's gambling, and you best know your chances, and realize that deck is stacked against you, firmly stacked. You have to be on the right side of the MM's push, and pray to God that the CEO isn't gonna blindslide you with bad news. Both situations always happen sooner or later, our job is to find that window of opportuntiy that exists where you are riding the tide with MM's and the CEO is supporting it, because you can bet your hat, ass, and gloves, one of them is gonna turn sour, and pick your pocket."
You might be asking why I am repeating that. Well, as always I believe in giving the good with the bad. Someone emailed me, and said they were looking at Mr. Carnes' background. Figured it wouldn't be sterling and inpeccable.
Seems Mr Carnes might be a master manipulator. Now, some might be saying, wtf is this guy nuts posting negative information about a CEO of a stock he just bought, and alluded to something positive might be happening soon. No I am not nuts. It only proves my point that this is pennyland, were most companies have NOTHING but a printing press for PR's and more shares.
I find this guy objectionable, but...hey, if your gonna be in a stock why not his? He knows how the game is played, he is alledgedly king of the manipulators. I'll limp along with him for awhile, see if he PR's anything favorable or fantasticly favorable about RNVO. Might consider selling my .0009 shares for a very modest profit, and begin collecting freebies on flips from .0006, (or maybe lower), to .001 / .0012.
Some may see a conman as a bad thing, and yes they are, but again this is the pennies, and if you are on the right side of the con you'll make out. Just remember these are not long term investments. Make your 30 / 50 / 100 %, and don't look back. A lot of stocks run, and we have no idea who the CEO is, or if he is shady or honest, we just enjoy the profits when we hit the sell button.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Thanks Sherri, been in for while. I have no idea what it will do, it can run 150% and fall back easy, we shall see. Interesting volume spike though. Shells are hot lately...hope it keeps going, but who knows?
Posts: 2741 | From: Seattle | Registered: Feb 2005
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posted
well..the chart looked good to me. I took a pos at .0011. Trend line was broken today and during its downtrend the MACD continued positive divergence. ACCU is even keel, this could gap up tomorrow. IMO
posted
500 million A/S 499.85 million O/S, involved with cornell for financing, not good IMO. play the run but be careful of dilution and lookout for a raise in the A/S. considering the volume today the price movement is pretty dam good for 499.85 million O/S. this fell off the radar, lots of holders missing the action today or the volume would be higher , 52 week high is .0038 may be some room to move from here. IMO.
Posts: 2503 | From: connecticut | Registered: Mar 2005
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posted
Be careful gang. This one is a HUGE scam. The guy is NOTHING but a lying SOB used car salesman (seriously - he has a tiny "Buy Here - Pay Here" lot in Orlando - if it's even still there -
You CAN make money even with these scammy stocks - just get in and out QUICK - preferrably the SAME day....
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
This might be a good short play late today or tomorrow! I've never shorted a stock - have any of you?
Posts: 2793 | From: Coral Springs, FL, USA | Registered: Aug 2003
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posted
once we break this .0012 we have a great run EOD and gap up tomorrow. 100ma and 200ma is at the current .0012 which is also the HOD thus far
Posts: 85 | From: Michigan | Registered: Nov 2006
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quote:Originally posted by itsjinx: once we break this .0012 we have a great run EOD and gap up tomorrow. 100ma and 200ma is at the current .0012 which is also the HOD thus far
great observation! I see a gap up tomorrow as well.
quote:Originally posted by will: November 14, 2006 I was originally looking to flip this for freebies today. Glad it didn't double, because after seeing what TCHL did today, I'll keep these until they're worth a lot more, or until they turn to dust in my account. Anyone can jackass at me all they like, but I suspect based on recent activity, and filings, (see the first post on this thread), this is another shell about to fill. If they trash it, and take it down, I'll buy more !
Looks like they put a shake on late, came back a little. Good EOD buys... Might be a go tomorrow.
Posts: 2634 | From: The highway | Registered: Feb 2004
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I think I did a very credible job presenting the potential, and the shortcomings of this POS on the first page of this thread. Anyone considering this should go back and re-read the first page. I'm out of it for now, but will look to get back in lower, (.0005) ? Just hope old Carnes doesn't PR a R/M LOI while I'm not in it.
quote:Originally posted by Love the Market: Be careful gang. This one is a HUGE scam. The guy is NOTHING but a lying SOB used car salesman (seriously - he has a tiny "Buy Here - Pay Here" lot in Orlando - if it's even still there -
You CAN make money even with these scammy stocks - just get in and out QUICK - preferrably the SAME day....
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
RSI went from about 30, to about 70 in a day.
I think it's just like a hand of blackjack for me tomorrow...
you lose, you push, you win, or you get a blackjack.
Just a MM flash in the pan, a group pushing it, some news comming, or THE news comming.
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
The action didn't start 'till the 2nd half of the day... ,but that don't mean much in the land of POS'!
Posts: 2634 | From: The highway | Registered: Feb 2004
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tons of volume this morning. dead right now. if it picks up after lunch then it will get a ton of attention after this weekend. im holding this no matter what happens today
Posts: 85 | From: Michigan | Registered: Nov 2006
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POS, but.....you know the story, and if you don't.....you'll learn.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
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