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5 cent support is about to get broken. Next stop 4 cents. 4 more to go before zero. So much for the regard for the shareholders huh folks.
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Strange is right. One after another, block after block of 20K shares, but the bid/ask doesn't change. I don't know how this is holding 5 cents with all the dumping today.
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Let's hope so, but there are still no buyers. The selling is just relentless. Block after block after block. I wonder who it is. Is Dutchess selling all those shares? Where are they coming from? Even if this was fully diluted at 26 million shares it should not be at 4 cents. I have seen pink sheet junk stocks w/100 million shares much higher than this. Something is going on here. I wonder if Turk will do another subpenny interview, and I wonder if he will still say how great things are going. What a joke. The shareholders have been thrown to the wolves.
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I don't know how this is holding 4 cents. It's one sell after another. Where are all of these shares coming from? If we go to 1 cent I may double down. lol.
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This may be cause for celebration. The stock actually closed green today. I cannot remember the last time it did not close red. Wasn't it two press releases ago?? Maybe this is the mark of the turn around. On the other hand, did you notice how the stock was down 20% this morning on just over 100K shares, but in the last ten minutes today there were buys totaling over 125K and the bid/ask did not move at all. And the say this is a fair and orderly market? Please.
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I thought we were finally leveling off. So much for that theory. At this rate we should be 1 penny next week. Then we can use our shares as wallpaper.
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We may break the 52 week low again today. At least this stock is consistent! Can anybody find a stock in any exchange that has been performed worse over the last year than this one?
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There are buyers in sight it seems. All I have seen go by today are SELLS.
This stock and management team are unbelievable. I would think that most, if not all shareholders have lost close to most, if not all, of everything invested here.
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I guess this really is going to zero. Everybody say thank you to management for a job well done in crushing the share price from over a dollar to basically zero. I wonder how companies get away with this kind of stuff. Amazing isn't it.
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the chart is UGHHLLLY, but there are some definite buys going on. I have to try and follow my policy of not buying stocks with such piss ugly charts though
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Anyone out there watching the volume come in on this? I know its had a bad rap of late, but but but --- Note: there were a couple of recent debt repayment PR's,,,
On The Go Continues to Eliminate Debt With Early Repayment of Additional $1.25M Note Tue Apr 10, 7:34 AM
On The Go Eliminates $1.24M Debt with Early Repayment Monday April 9, 7:30 am ET Company Continues Moving Closer to Positive Cash Flow
Equity Stock Analysis Announces Research Coverage of On The Go with a Rating of ''Attractive'' and a Target Price of $0.095
On The Go Healthcare Inc. (OTCBB: ONGO) has received a rating of “Attractive” with a price target of $0.095 by Equity Stock Analysis (ESA). The report is authored by Senior Research Analyst, Kris Gupta, CFA.
In the report Mr. Gupta writes, “On The Go Healthcare Inc., is a North American business-to-business direct marketer of both software and hardware products. On The Go's customer base consists principally of small- and medium-sized businesses. A multiple expansion is possible as the company's growth profile and productivity metrics improve further as evidenced by the 2007 fiscal year trend.
On The Go's recent reiteration of its business model, including a redirected focus on those niches which generated the greatest return in revenue appears to be on target as evidenced by the increase in third quarter revenue to $27.5 Million CDN.
Our target is based on these projections:
1. Gross Sales increase by twenty to twenty-five percent in 2008.
2. Cost of Goods Sold remains at eighty percent or less.
3. Selling, General and Administrative Expenses hold at ten to twelve percent of 2007 Gross Sales.
We believe On The Go can return to the shareholder the value of early August 2006, one year ago, of approximately $.095 per share and begin an ongoing retracement in shareholder value.”
About Equity Stock Analysis
EQUITY STOCK ANALYSIS ("ESA") is committed to the highest ethical standards and as such is not subject to external pressure that is sometimes experienced to issue biased research. This pressure is avoided by refusing to accept companies that cannot be recommended with objectivity, quality, and accuracy of research. ESA and its Certified Financial Analysts are independent, objective, and have a reasonable and adequate basis for our investment recommendations. ESA has established formal written policies supporting independent and objective analyst research. ESA has senior corporate officer publicly attest, at least annually, to adherence to the policy.
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