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Post by barefoot on Mar 6, 2006 12:22:17 GMT -5
Shawnxy brought this to our attention under a Cnes post which I'm sure some of you have read. I picked up some today, but wished I had when it was first mentioned. Posting it here for better viewing. Big Charts shows 3.37 bil. O/S. It looks like they know how to bring in the bucks. GLTA
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Post by tc346 on Mar 6, 2006 12:44:52 GMT -5
Barefoot. This might be a good play. Even if the share count were 4 bil., the marked cap at this price of .0034 would only be $13.6 million. If their revenues hit $10 mil. for 2006 as they have projected, that is pretty impressive. Thanks for bringing it here.
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Post by tc346 on Mar 6, 2006 13:03:26 GMT -5
I was able to snag some at .0038. It may run to the pennies soon. Just a guess. Good luck. And, thanks again. You get a karma for that one. lol
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Post by barefoot on Mar 6, 2006 13:11:08 GMT -5
Hey TC, Pretty impressive is a good way to put it. The numbers you are talking about seem unreal for a stock at this price. I usually get spanked when I feel this way. I'm gonna go see how its doing. GL
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Post by tc346 on Mar 6, 2006 13:19:46 GMT -5
Bare. I didn't bet the bank on it. lol But, it might be a good one. I always average in any stock I buy.
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Post by tc346 on Mar 6, 2006 13:24:09 GMT -5
Here are the retracement levels if you are interested. Assuming the run started at .0005.
High .0043
Low .0005
Gap 0.0038
25% 0.00145
33% 0.001754
38% 0.001944
50% 0.0024
62% 0.002856
67% 0.003046
75% 0.00335
100% 0.0043
125% 0.00525
133% 0.005554
138% 0.005744
150% 0.0062
162% 0.006656
167% 0.006846
175% 0.00715
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Post by tc346 on Mar 6, 2006 13:26:09 GMT -5
I think I was pre-mature in giving those retracement levels. lol I think (hope) it's gonna keep running for awhile. Good luck.
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Post by barefoot on Mar 6, 2006 15:01:30 GMT -5
Hey TC, thanks for the retracement levels, but I must admit its over my head. Probably just coincidence, but when I added the high and low and multiplied by 50% it showed the .0024 but the rest is a little obscure. The gap must fit in somewhere I guess. I needed to dust off the calculator anyway. No biggie but if you find some time give an example on the 25% reading. I usually just go with gut instinct on stocks but have been learning from you and others. This is the first board I've posted on. Didn't want to get involved with the bickering elsewhere. Many thanks.
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Post by killahcain on Mar 16, 2006 22:46:34 GMT -5
0.0042... headed to 0.01 IMO...
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