posted
Flipping's risky, Homersbud. If you sell, do it to take profits. If a buy back opportunity presents itself, take the gift gladly; but if it doesn't, be happy with your profits.
I sold my initial buy yesterday at .018 (about 20% of my position). Right now that money's sitting on the bid at .01 in case they try to fill the gap. But if it doesn't fill, that's fine, it was up almost 300% and I'll take that.
Either way I win. Same with you.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
Anybody still watching this thing? Is .01 still a good buy-in or will it go lower? It's been up this month but has been considerably lower before. I'm trying to get a feel for the low end of the flipper.
-------------------- "100 years from now it won't make any difference!" Posts: 287 | Registered: Sep 2007
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posted
Pennies: The ATA conference is Sept 30. COPI is a sponsor and its CEO a keynote speaker. This will be COPI's first appearance as a public company and the exposure should raise investor interest. Expect a run as the conference comes up, then a retrace and another run when financials come out Oct 15 (hopefully showing COPI approaching profitability).
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
Keep this one on radar next week. The ATA conference starts Sunday, and COPI will have a strong presence there (it is a sponsor and the CEO is a keynote speaker).
It will be COPI's first as a public company (it has participated in the past as a private company). A lot of new eyes should come to this stock starting Sunday.
Anyway, not telling you to buy, just keep your eye on it.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
Dean Garfinkel, COPI's CEO, will deliver an address at the ATA convention at 10:30 this morning.
Here's a partial list of attendees (the list is much longer, but I pulled out the biggest names):
Bank of America Comcast Disney Destinations LLC GE Consumer Finance GE Money JP Morgan Chase Nextel Communications Noble Systems Corporation Ontario Ministry of Economic Development and Trade Penske Truck Leasing Pitney Bowes Readers Digest US Airways Verizon
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
I got that wrong, he is not delivering an address, he is moderating a panel.
Successful eLearning Strategies for the Contact Center Moderator: Dean Garfinkel, CEO, Call Compliance, Inc.
Panel of Experts: Tom Koty, President, Desktop Learning Center, Inc. Angela Morris, President, Quality Contact Solutions, Inc. Sandra Steen, President, Sandra Steen & Associates, Inc. (Hyatt Boardroom)
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
This is a great long term play, but in the short term it's been a great flipping stock. It retraced hard today and should provide another entry point tomorrow or Thursday.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
Today was ugly. AS went up, OS is higher than expected, panic selling at the close, support was broken, if the company doesn't release something soon, we'll test old lows.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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I think tomorrow it gets worse....and it'll slowly test the old lows because I don't see the company putting out anything worth wild, but you never know!
Good luck to whoever is still in!
Posts: 3026 | From: Chicago | Registered: Oct 2005
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posted
I still think this is a good long-term play (still a low float stock with sound fundamentals), but if you're thinking of buying in, I'd wait--we might be at the bottom, we might be nowhere near it.
The O/S went up by about 50%. This seems to explain NITE's unlimited supply of shares.
There's some speculation that this was not the company so much as venture capitalists (Yorkville Associates) cashing out. If that's the case, and the dilution is done or close to done, then this is not so bad--the company is better off without Yorkville and will be debt free.
At the moment, this is still a low float stock (105 million O/S), but who knows when the dilution is done? Without help from the company soon, there's no telling where the bottom is.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
Up almost 40% today--recovered basically all of its "dilution disaster" losses. Whether the shares came from the company or from a bond holder (or, more likely, both), the dilution looks to be done for now.
BUT, they closed it with a sale in the last minute--often when I've seen that at the end of a big up day, the next day was a big crash. So keep an eye on it. If it holds its gains past 10:00 AM, this should still be a good entry--plenty of upside left.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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By the end of this month, they will have finally cut ties to Cornell, their toxic financiers and they have hired an IR company to keep investors better informed of what's going on with the company.
This resolves the 2 biggest shortcomings of this stock and should pay off well for shareholders.
posted
Closed today .012. Closed HOD for the second day in a row, up 50%.
Two important news items: EOY they are paying off Yorkville Advisers, ending the threat of toxic dilution, and they hired an IR firm to publicize the company. These were the two weakest spots on the stock.
With Yorkville on the way out, this should finally start showing its actual value in the PPS.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
what happened to all the talk about all the DD everyone has done on this and its gonna take off and its this and its that. This should go right to the top as to why DD is Bull crap with pinks. where the heck is Chickinglinger??? with all his "im out of country right now but lots of talk about RUSH, and ive checked this and of checked that" you sure your out of country and not just "out of MIND?)
-------------------- Im Getting too old for this Crap.. Posts: 30 | From: Illinois | Registered: Sep 2007
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posted
Nice finish to the week. Up over 100% since Monday. And doing it the right way--a little at a time. None of the past crazy run, crazy retrace, consolidate and do it again.
Instead, 10-20% a day with normal retraces and holding the gains. Should close over .02 next week.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
Wow, you go out of town for a few days and suddenly nobody gives a damn about your favorite stock.
COPI closed at .029 today--down slightly from yesterday after exploding Monday. IMO, it churns here until news. But that news--the termination of COPI's association with Cornell--will come any day and this should immediately start it's next leg up. Short term 2 or 3 bagger from here.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
COPI is running good 8k shows that they are now free of Cornell and are moving up!!! Great moving stock for the new year - investor hub . com has them as the number one forum right now lunch time dip - do your d&d going to explode very very shortly!
-------------------- Don't fall in love with any stock! Posts: 159 | From: Phoenix | Registered: Aug 2007
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posted
I got in earlier this AM and watching it churn for a little while. Waiting for a nice pronounced move up.
Posts: 130 | From: CA | Registered: Oct 2007
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posted
Compliance Systems Corporation Completes $2.5M Financing
8:57a ET January 2, 2008 (Business Wire)
Compliance Systems Corporation (OTCBB: COPI), a telecom service company focused on providing compliance technologies, methodologies, has completed a $2.5 million financing. In addition, debt holders exchanged $3.1 million in of Company debt into equity, resulting in a total increase in stockholders' equity of 5.6 million.
The Company raised $2.5 million by issuing Serial Preferred A shares at $1.00 each, and debt holders exchanged approximately $3.1 million of Company debt into shares of the Company's Serial Preferred B and C Stock at $1.00 per share. Each preferred share is convertible into 100 restricted shares of the Company's common stock.
This transaction enabled Compliance Systems to use approximately $1.1 million dollars to buy out from Cornell Capital-affiliated entities convertible debentures that has been previously detailed in regulatory financings. The remaining funds will be used for ongoing and future business development. Further agreement details can be found in the Form 8-K Compliance Systems filed with the Securities and Exchange Commission on December 31, 2007.
"This transaction marks a significant step for Compliance Systems as it evidences management's commitment to improving the Company's capital structure. While we acknowledge Cornell provided us initial funding assistance, this restructuring should greatly improve our balance sheet, while providing working capital to allow for the continued advancement of business strategy over the next few quarters," stated Dean Garfinkel, President and CEO of Compliance Systems Corporation, Inc.
About Compliance Systems Corporation
Compliance Systems Corporation (http://www.callcompliance.com), located in Glen Cove, NY, is a developer of technology-based compliance solutions for the teleservices industry. The company's primary proprietary product, TeleBlock Call Blocking System, automatically screens and blocks outbound calls against federal, state, and in-house do-not-call lists. Compliance Systems also offers a Regulatory Guide, an up-to-date, online compilation of state and federal telemarketing laws, as well as ongoing compliance auditing services.
For further information on TeleBlock(R), visit www.teleblock.com; for more information on the Regulatory Guide, visit www.cci.regulatoryguide.com or call 888-674-6774. Call Compliance Inc. is a wholly owned subsidiary of Compliance Systems Corporation (COPI.BB).
Forward-Looking Statements
The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof.
SOURCE: Compliance Systems Corporation
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
Nice reversal today. Closed yesterday heading down at .0195. Opened today with a quick tank to .015 and then rebounded strongly to close at .023.
Up almost 20% from open and over 50% from lows. History says we are green tomorrow.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
Just out of curiosity, is there anybody else here still watching COPI? It seems oddly quiet considering that COPI is THE BEST stock on the 10 and under board (and the best stock not on it too).
I can understand some people being afraid to get in when it's up 600% in the last month, but check out the company. The engine is still just warming up. It is realistically a 4 or 5 bagger from here in the next 3 months and 10 to 15 in the next year.
If you could look over my previous posts, you'd know I don't make that claim lightly. I've never said anything remotely so ballsy before. But this is a seriously undervalued investment grade stock. That 600% did not come from a MOMO run, but a classic stair step. It trades like a big board stock and is going up on fundamentals. Occasionally the MOMO crowd jumps in and drives it up 50-80% or more in a day and then it comes back down, but it doesn't crash like any normal P&D play, it simply goes back to the uptrend it's been in all along.
You can also rest easy on this one--you don't need to watch for the top or be careful to take profits. As I said, this is investment grade. You can buy it and walk away relaxed.
And yet nobody talks about it here. Chime in, do you all own it and you're just letting it unfold unremarked, or is it really ignored in favor of all the crap that COPI shares this board with?
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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posted
I can post daily and weekly charts if someone can explain how, I've tried the UBB code FAQ and I can't get it right.
COPI traded at $1.60 back in May. Right now it has twice the OS, but also twice the revenues and last month the dilution stopped when they bought out their contract with Yorkville (Cornell). IMO, it was overpriced in May and should be trading around .75. The weekly chart shows this story better, but both charts look really good.
But this is more a fundamental play--COPI has a patented product and a monopoly on a legally mandated service. It's website includes a testimonial from a state Attorney General. It also has international patents and is expanding to other countries (it recently added an India partner and is expanding to Canada and the European Union as well), it has partners that trade on the NASDAQ (ex., Verisign) and is a serious buyout candidate, COPI's CEO is a board member of his industry's national association.
Over on IHUB, the COPI board has no bans and no bashers--they have had bashers in the past, but most wound up buying shares. One stopped coming around when it got above and stayed above a penny, but I'd bet he's holding too, just too proud to admit it.
Anyway, if you could tell me how to post a chart, I'd appreciate it, and will do so.
Thanks Tex.
-------------------- Me Trade Pretty One Day. Posts: 815 | From: NYC | Registered: May 2006
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