it does appear to be heading for the $1. target management mentioned, at which time the market cap should make a nice downpayment on a used pickup.
As a pumper replied when I recently noted this, he first issued sell on DEJ 5/13 when sp was at .18. I'll be charitable and say pumper did not think that comment through, because what is a sell rating supposed to do if not warn readers of price declines on the way, in this case -40% in 6 months! I am no basher, have traded it before, but I believe at this point they'd need a solid year of good news to hold any gains - 6 years worth of overhead resistance is a lot!
well, spd and demichael, I've looked at CCNI every way but upside down - which is where buying VELT at 4 put me! A low PE and a Price to Sales ratio of .27 in a pretty attractive sector looks good to me. Lets all get a slice before the new year, shall we? To me, it has a reasonable chance to revisit the highs it touched 2005-2006 within 24-36 months, and wouldn't that be sweet! If I'm right, we'll need to challenge each other not to sell too soon, the exact opposite of the lunacy we've seen in 2013 on this board.
this really is unique - 2/3rds of value wiped out directly after yet another reverse split. It is not unusual for a micro to fail, but to drag it out with numerous reverse splits, so many years playing out. How is the fellow who bought 50,000 shares at .59 feeling - like he bought a celebration of incompetence I'd guess! Its enough to make lew lol!
yes, mainly -45% in the last 6 months. Is there no level of self-deception you guys wont use - LOOK AT THE CHART
just remember spd, after the rally yesterday, you only need about 500% more to break even. I sold (for big loss) exactly where you bought, but dont compound a mistake with a bigger mistake - this is a very wounded company.
go to youtube and search ef hutton commercial - seems even cornier than 30 years ago, esp since President Death Valley Days Cornpone was in the White House!
spd, we've all done it sometime, because sometimes it actually works - glad you're not talking about a lot of money.
I think AUDC will run in new year and consider CCNI which is starting early.
fair enough - it takes a special kind of stupidity to buy a stock that only goes down - you may have that gift and you may have the means to indulge it. I've been warning others since sp was 4, but I think this is mostly a fantasy board where saying what one is doing does not mean anything. I understand those trying to play the bump before collapse, and hope they can make it work.
For some of who have seen what this co is about, there is a moral obligation to warn others to laugh at and ignore you pumpers, since there is very high likelihood that they will be completely out of business soon. The most possible bullish thought a rational person could have presently is watch and wait -
only one company he follows rates a sell - any guesses?
Almost 9 years ago to the day it closed at $62.50! But clearly your recent numbers are more relevant and I think the selling here is mostly about overhead resistance. This chart is a great example of the importance
of crossover moving averages. Buy when 50 crosses 200, sell and short the opposite and you would have made fantastic money here.
This co is as dead as poor Dandy Don! The market cap of the co would not buy a nice condo. I do favor another reverse split before 12/31 - eventually we will need forensic accountants to determine our basis, and huge gain. ERF should change its name to CR, for Comic Relief!
He may have landed on the board of another chronic underacheiver - VELTF. That one makes DEJ look like XOM!
so much for that too - this has been in a major downtrend since 2004 so I will toss my optimism til later in the century, since last decade looks like about -98%. Inuvo needs 1 more name change - ORS, overhead resistance supreme!
I think my original 5000 shares need to go as a donation to the company - all present 15 cents!
You are correct, oh Glorious Master. I am acting like a Cheap little turtle in a plastic box which be in on sell right now at China town. All disagree with Master, you are simply giving one's pharisaic face to the public eyes.
You only need read a few of his posts to see there is no there there, as to how or why the co can recover. He could show up today and start bashing and would not seem amiss. No creditability lost, none to lose.