Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,797
- Reactions
- 10,574
For any ASF members with an ounce of inquisitive reasoning left on this raft of fools, please do a google search on Fred Bart, your saviour and the means by which you will all reach financial nirvana.
Or not.
No charts, just google.com
gg
$600m market cap and no one has even seen the product working outside of the company.
I have been working on a teleport machine and I envision it to replace all logistics and transportation industries in their entirety. The auto industry is worth $4-500B alone. My company has only 1m shares outstanding so the projected share price is something like $500,000 per share (again that's the auto industry alone). I have valued it conservatively given the upside in air travel, bulk transportation, internet shopping parcel transportations etc etc. if the technology works.
I am in! What could possibly go wrong? Where do i send the cheque?
What's the code? I need to check the chart
This one is off the chart, trust me (and skc!)
For any ASF members with an ounce of inquisitive reasoning left on this raft of fools, please do a google search on Fred Bart, your saviour and the means by which you will all reach financial nirvana.
Or not.
No charts, just google.com
gg
http://www.afr.com/technology/fred-...e-with-new-speaker-technology-20160716-gq7efn
Great to see AKP getting some further exposure. You can already see the impact with volume being much higher than usual for the first 30 minutes of trading. Is this where the price finally sticks above $30 for good?
EThe early volume can be quite deceptive. Especially in a trending stock, initial exuberance can quickly fade away and leave the early buyers ruing their impulsiveness.
I don't know if you've heard the old adage "Amateurs open the Market. Professionals close it."
In cases like AKP, I prefer trading the swings: Buy any dips, but don't over-extend.
As for the "once-in-a-lifetime" claims, multi-baggers aren't THAT rare. Sure, AKP has had a stellar run. If you got in below $10 and held, you're now on 200% paper profit. Most investors, however, would have accumulated on the way up, steadily increasing their cost base. In such cases, the notional profit is more likely half as much.
Similar returns can be achieved with other stocks as well. Among the ones that I traded since they were penny stocks are EDE (1.1c), GXY (3.5c), GMM (0.8c), KDR (8c)...
AlrightYou've talked me into it.
No, not reallyI've followed these Pixels for a long time and traded a few swings.
Today's announcement http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01758389 intrigued me sufficiently to buy some at Open. Interestingly, immediately afterwards, a single sale of less than a handful of shares closed the gap-up, and up she went again.
View attachment 67477
Enjoy the ride while the trend continues.
In Australia, we have the tall poppy syndrome. If someone tries and fails, we write them off. I've been a salesman in the IT industry for more than 30 years, I've seen it all. Companies like Apple, Microsoft, Cisco, FaceBook, Google are always misunderstood when they start up. If anyone is having a bad day... Consider this. On Dec 22nd 1976 Ronald Wayne sold his 10% stake in Apple for $800. Now it's worth $58,065,210,000 . Yes, that's 58 billion. Google the story. Fred Bart has had his issues in the past, but I reckon he's on the money this time. My own opinion, for what it's worth, my shares are not for sale yet. I will think about it when the price gets past $200. For anyone on this site interested in AKP I suggest you check out the thread on HotCopper. A lot of serious comment there.
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