RE:RE:RE:RE:I Have Got In Touch With Receptionist At CoWhat difference does it make? So you mean to say that just because of a consolidation that there should not be share support? OK so there is no support now and the consolidation goes forward then why should it be any different after?
The fact that we know there will be up to a 10 to 1 consolidation does not change the fact that until there is one that shares should be not properly valued. I can understand more volume if people are not liking that but we don't really see that either in the scheme of the 200 plus million outstanding shares. What is concerning is the fact that huge walls keep poping up walking the shares back continously from on level to the next say going from .06 in July to .035 yet every quarterly financials for the last 9 months plus has been considerably better than the next. The shares should not be going down like this regardless of there being a consolidation at some point regardless of up to 10 to 1. Had there been share support at fmv then I can understand the shares level at that point not way below it.
Here's the truth many juniors are over 200 million shares some are very close to it. There is no way with that many shares that their earnings will offset the amount of their outstanding and I am willing to bet the majority will consolidate yet they are trading way higher than this one. I bring up companies similar in share structure to illustrate how badly this is trading nothing more good for them not for this. Many are trading at least double their 52 wk low this is now last at its 52wk low despite 3 solid quite noticeable improvements and gains???
There is clear manipulation which to me looks like a future lower value buyout. No reason for shared to be suppressed other than that. I can never prove this but time will tell. And for that and I know other reasons that will be given to justify a low price value even as I eventually speak to ir what can I really say? And honestly what will he say? This looks to me like a buyout at a lower cost than what otherwise should be valued at but remember what I said about this it is all Playtech software so it is what it is. To me it doesn't matter whether Playtech is not a gambling company just possibly only a software provider that doesn't mean they can't own others who are and allow them to rub as this is as Northstar. What is the difference of a partnership where monies is split and having affiliates and then inevitably possibly buying and going private or continue to operate? When anyone has 10 or more percent in a company it is tough for others to gain controlling shares but in order to make sure it would make sense to smoother shares to discourage others from buying and yet frustrate people into selling so they just keep accumulating more shares.
Because it is very difficult to know who is doing what through trading accounts unless people are targeted which would require specific reasons to breach ones civil rights you don't know who is doing what and what I am saying can never be proven but clearly there is share suppression here. These I will tell you should not be trading at worse than 5 cents and as I hold .10 actually but here we are now 3.5.
Regardless as I have said whatever happens here or anywhere else I can be hot under the collar and keeping crying foul and get disgusted by companies which sadly the majority will manipulate as will others trying to possibly get their hooks in for cheap and others still the washers the pumpers the day traders the whole structure of so many exchanges outside of the venture and otc when I first learnt about that not long ago I thought boy stocks are even worse and more rigged than I actually believed to anything else I have left out. The bottom line is this like I said these posts I am trying to wrap it up with the goal to stop posting and handle my shiate my affairs knowing how crooked and rigged things are. Whether as I said lack of transparency and potential foul play is not something any company or party should ever be absolved from and people should be held accountable for the most part good luck on that it is up to me to deal and if not get out of this environment with pennies and or the whole money thing and stick with fixed limited growth products. If however I chose to stay in this environment if not understanding who the players are knowing they hold all the cards and have more knowledge than I ever will being at retail the only tool I have at my disposal is to take profits while they are there cut losses faster and reposition along with all other tactics of averaging down up whatever. It is likely this will stay stuck for some time.
Now my question is this when is that time and what determines it? When as we started shares consolidate than magically people will give share support although what is the track record and why should potentially new people buy in seeing they will get scorched on half cent drops to the low given this has 0 traction and can't even hold .045 or .04 what to speak of anything else? I gave my reason as to what I think. Now those who can manipulate sure they wany shares to have value but if the objective is cheap buy out not too much and they can still make money while wiping shares out of others hands and simultaneously getting back all their shares and multiple more. The run up to .105 vs 5 that is double the shares dump at 10 buy at 5 rinse and repeat but we will never be the better in knowing.
My job always regardless of who and where when is to make my share management decision on of which should be on a double near double pull out no less than half my principle if not all so I don't have to worry about all this shiate and tying up all my money in any one holding and as many times I said this in the past which was way too many I hardly did so only once recently I sold at a 20 percent gain on a run. This hole stock thing is dirty business as I said fraught with heavy manipulations and manipulators and with those like myself trying to make heads and tails about things which does put me in a position of slander while giving scathing remarks there is no way I can prove whether I am right so I should not make any comments that are not easily proven near impossible or even speculate ultimately publicly comment as I don't want to influence whether people should buy sell hold in other words be responsible in how to trade that is their job.
In any case if things work out I should be talking with someone and I will not likely come as hot and it may not lead to very much. I can say what I think but really what is he going to say? And what will I really come back posting here? But given I started this I will end it and be truthful with the person and the only thing I will say to him is the proof will be in the pudding and time will tell where things end up. My best guess cheap buyout with Michael being replaced at some time and company either being public operating as it is or private. This is just my read. Now who knows maybe Michael is not replaced and everything else remains correct we shall see and at the end of the day it doesn't matter to me as I am looking from a dollars and cents view and it is my job whatever the case is is to be on the winning gain side of things and stop being angry and ideally posting.
Glta