posted
Not sure - I had shares at .0002 and decided it wasn't going anywhere so I dumped a few days ago. It has gotten a lot of attention....I wish there was a R/M coming
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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posted
I'm still in at .0005- will buy more at.0004 or .0003 in next couple of days while mm's try to p/u as many cheap shares as possible.
This company is a SHELL in totality! They have been shopping for the last year or so for a merger co. The two websites are easily seperated from the company. They are merely portals.
But, they are fully reporting with internet presence,and afilliated accounts.(www.betbarn66.com)check it. 767m o/s and 635m float
This is a very simple co. to r/m with. IMO!; there are 3 companies looking at them in the last 3 mo. One is not publicly trading, looking for a shell to go public- the other has something to do with money(??) the third-is not in any business(BDC?)
From an operating position; I believe they are just trying to get as much cash as possible. If they independently audit financials? = r/m is clinched. I've been looking for telltale signs of open market buyout,takeover,etc...that would be an easy way to go, albiet expensive--mixed info and signals. That is where i'm standing at this point. any thoughts?
Gather as much information and opinions you can--the decision is yours alone!
posted
I'd have to agree, very clean shell and fully reporting BB that is in the sub pennies. Also good consolidation and base currently at the 3-4 level. ATM, only 1 MM at 5, and 5 at 6. It moves very quickly on not so much volume, so the move will be sudden.
Posts: 330 | Registered: Feb 2005
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posted
agreed- L2's worry me; looks like they are holding on to a rubber band- i think they may shore it up at .0008- but without consistent volume- .0003 steady
p&d= people not smart enough to understand macro economics and how it relates to equity markets and investment strategies
posted
fortunately it doesn't take a whole lot of volume to move this thing. Nothing like most sub pennies that need at least a billion in volume for an uptick.
Posts: 330 | Registered: Feb 2005
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quote:Originally posted by RockLobster: fortunately it doesn't take a whole lot of volume to move this thing. Nothing like most sub pennies that need at least a billion in volume for an uptick.
posted
Consolidation. Dipped to 3 today barely and AUTO has been holding the 4 bid. Will be a very interesting week imo.
Posts: 330 | Registered: Feb 2005
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quote:Originally posted by RockLobster: Consolidation. Dipped to 3 today barely and AUTO has been holding the 4 bid. Will be a very interesting week imo.
WTF??? Are they covering, know somethin' we don't? Volume hanging, LII's wide on the ask for couple weeks, now- yo-yo
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