My thoughts are that this is fantastic news! Now the stock can run a bit. I think that today will be a great day to buy more and then watch the price run over the next few days.
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Hey JS, you too!
I couldn't miss the big news day....
first off...ramsey, bless your heart, i would love to leave the stock market...but first spongey has to pay off some debts....
I love you spongey!!! thank you for cancelling the RS...but what this tells me is the 10k isn't coming out for a while...because if it was then the 10k would have given the pps a boost after the RS, so don't expect the 10k for at least 10 days (my speculation given the pps has to hold $5 for nasdaq)
I am dissapointed however because the RS would have told us the outstanding shares....
this statement makes me very happy and confirms my thoughts on their plan....i was hoping this would happen because i believe they did not expect to need to reaudit 08 and 07...so the fast track plan gets put on hold...no biggie...take your time and do it right..
Quote:
“We originally planned for the reverse stock split to take effect after the filing of our Form 10-K for fiscal 2009 to give our shareholders the opportunity to evaluate our financial performance and growth prospects first. In light of the delay in filing, we have decided that to proceed with the reverse stock split would not be in the best interests of our shareholders
anyone who wanted out for the RS was definately out, now they can get back in....but what happens when the next RS announcement comes out? Maybe we'll get some good pr's that will prop up the price regardless.
The last RS announcement gave 2 weeks notice...Im going to speculate that the RS won't be announced until after the Q1 numbers...by then the stock could be in the .50's.
We shall see, watch and learn....
Hey Romo,
Just an outsider looking in, it's only due to you guy's that I am so intrigued by it all ... The shrubettes are all over the map with this. Someone posted a link to a new article from that beacon of journalism The Post ... I couldn't bring myself to do so here -
Candleman looks like CHB is on its way back up today
I just about had a heart attack as I was checking my watchlist and saw EVFL at .0777, i thought they must have done a reverse split then I checked my position and it was all their... I feel sorry for whoever entered that trade
http://i76.photobucket.com/albums/j17/treeee50/evfl.jpg
Thanks again, Fellas...
Your warm response is touching - you must all have kids and/or just good guys. Nice...
***
Bill - thanks for the compliment.
I'm always leary about putting too much of my family online. I just couldn't resist sharing at least one, as you say ;)
He's a good boy & will be an amazing man! We do *affirmations* (rather than prayers - not that there's a huge difference) --- each night, we stretch and affirm our desires to be "Happy, Healthy, and Strong"...starts with self and extends from immediate family outward...including friends, friend's family, teachers, fellow students, Tai Kwon Do family & friends...we end with "and to the rest of the world...Happy Healthy and Strong...
Anyway...yeah, I never would have believed that a person could love another human so much and so intensely!
Again, thanks...
Ramsey
PS: Now, can someone get that pump going on BCLE & QASP! Please...:p
If anyone here is into any of the big boy stocks, My girlfriends dad turned me onto one last night. MPEL, it has something to do with asian gambling. I didn't DD and wouldn't have mentioned it if it wasn't up 10% today. One positive thing about it, Last post on shrub was a month ago!
MPEL is a very interesting investment. It's a casino company based in Macau. As the Asian economy continues to improve and those folks have more free money. Gambling may take off again.
This stock is certainly worth watching.
TREE, buying the bigboys as you call them is where the real money making potenial is. These penny stocks are very, very, scary. But, the Big Board stocks seem to always come back if they sink for awhile. The pennies can just sink and sink and then go away and you've lost a lot of money.
Yeah I think most people would agree with you. I got into these after watching a portfolio of nasdaq stocks go up and down a couple percent for 6 months. my plan has always been to try and play these with the leverage they offer until I can grow my (small) portfolio enough to play the slow growth that nasdaq stocks offer, and keep a small cap portfolio for fun. I made a very bad call and dumped almost my whole portfolio into MGLG at .00089 ave. I just cant bring myself to take a 70% loss and move on. It's funny because i got into these to avoid a waiting game and now that is exactly what im left with!!
Yes Bill, that would have been a good one, and still may be!
I tried to check it out this morning as soon as you posted, but you posted the wrong symbol. You post MBVG. When I couldn't find it, I just figured you were off on some sort of Jag.........LOL
Keep those ideas coming Bill, it's the only way we can make money around here.
I've bought and sold JetBlue three times today. I buy it in 1400 share packs, let it rise 8 cents and sell it. Each time, it's a hundred bucks in the bank. I do that on a daily basis with Sprint also.
Well ... so much for that smug feeling of getting QASP @ .026 yesterday.
Forgot who, Romo was it that caught the EVFL "oops' this morning? Looking at it on Google looks like a lance from a midevil joist or is that a joist that Lance ... nevermind.
Bill, I take it all back it's beyond boring, bordering on depressing