RE: PENNY'S GOING BIG, NEW BASE, KUDOS TO THE WIZ, PNLK / FNTN COMPARISON and PO BOYS LIKE US IN THE MARKET
Malcom, Arillia, Wiz, et al.
I can't get through this whole thread so I'm gonna throw up my 2 cents right here at Malcom's question and work my way back a few:
Penny Stocks going big: I'll just do one. Iomega(IOM) (despite its recent dramatic losses) was once a penny stock trading around .25 a share and at that time had a float (If I recall correctly) of only around 20M common outstanding. They've split A BUNCH since then to a whopping 263M common outstanding which would put their current share price at a whopping split adjusted $65.75!!!!!!!!!! To boot, they are trading at around their 52 week low... at the high, you get a split adjusted price of (hold on to your tomatoes) $220.26 per pre split share!!!!!! IOM, trading at near its 52 week low still has a MK of $1.5 BILLION today. So, yes, it's possible. (NOTE: I'm using really round numbers here and going mostly from memory so unless I'm DRAMATICALLY off w/ my math - kindly lay off.)
Arillia: regard to your note: You were right, I was right, Wiz was SERIOUSLY right (even though I await his apology for accusing me of something illegal ;-) But I took the day off and worked on my garden.
Be nice if yesterdays trading did indicate a base forming at this level, although I expected closer to $1.25. NOTE and Kudos once again to TechnoWiz: REMEMBER, the man called for a new base to form in the $1.25 to $1.40 range THREE WEEKS AGO!!!! I'm not much w/ TA on BB stocks, but, hey Wiz - Hi five! PM me with the other stocks you're on please...
RE: The PNLK / FNTN web site and STOCK PRICE COMPARISON: (no offence to PNLK longs)I went over to the PNLK site, made a cup of coffee while it was loading... Thing loads like ice cubes going through a garden hose. Best metaphor I could come up with because: A) really slow B) why the hell would you want to run ice cubes through your garden hose anyway? I don't know who did the design on the PNLK site but a couple of notes from one who designs them on occasion: 1) Graphics are too big - they load slowly and could easily be made smaller w/o changing the quality (this is not the case w/ the FNTN beta site) 2) FNTN site has more to offer and it's going to be free (It's a sales tool remember, not the product) 3) I don't know who designed their site, but it's difficult to determine with a glance what you're paying $350 a year for. I do know who designed FNTN's site (I THINK!) for samples of their work check Quicken.com , earningsnet.com , IPOMaven.com . I believe they are designing the Getty Center's web site as well. (I hope I'm not once again revealing too much here - seems like common knowledge at this point)
RE: stock price FNTN / PNLK. Look at the shares outstanding vs. price. We win - nuff said.
PO BOYS in the market: Hey, Malcom. I'm a freelance independent filmmaker (read unemployed) / part time hacker. Probably make less per year than the guy who sweeps your floor.
OK. Sorry for the big message. Trial members only get 3 posts per day and I didn't want to clog the board up.
RandumOne
PS - anyone want to invest in a movie? |
