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GGR: GeoGlobal Resources Inc [was GEOG was BOWG] (2000 + )
This archived discussion is "read only". « Previous 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 Next » » Q_out - Free Courses Well, the idea of free classes when you buy the course materials seems to be spreading. Some financial classes also available at Bloomberg. http://www.bloomberguniversity.com/Bloom...<img src="/files/mysites/qout/bhoestarts.gif" width=53 height=34 align="left"> -- posted by Q_out » dStrate - Re: Damn them! In response to message posted by Phish:There's an old joke about a plane taking off from Los Angeles to New York that has 4 engines. The first engine blows, and the pilot announces "Ladies and Gentlemen, we've lost an engine, but we're ok. We regret to inform you that this will cause a delay in our arrival of approximately 1 hour." A little while later, the second engine blows, and the pilot announces "Ladies and Gentlemen, we've lost another engine, but we're ok. We regret to inform you that this will cause a delay in our arrival of approximately 2 hours." A little while later, the third engine blows, and the pilot announces "Ladies and Gentlemen, we've lost another engine, but we're ok. We regret to inform you that this will cause a delay in our arrival of approximately 4 hours." Sure enough, a little while later, the fourth engine blows. At this time, a passenger stand up out of his seat and exclaims, "Good Lord! Now we'll be up here all day long!" Looks like Suite101 has lost another engine. -- posted by dStrate » Steven_Russell - July 2002 http://www.otcbb.com/profiles/BOWG.htmhttp://www.otcbb.com/asp/quotes.asp?Quot... OTC Bulletin Board Market News -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Suite101.com, Inc. WEDNESDAY, JULY 17, 2002 04:59 PM VANCOUVER, Jul 17, 2002 (Canada NewsWire via COMTEX) -- Suite101.com, Inc. (OTC BB: BOWG) announced today that its wholly-owned subsidiary, i5ive Communications, Inc., had completed the sale of its Website assets to Creative Marketeam Canada, Ltd. In consideration for the assets, Marketeam issued to i5ive a 15% equity interest in Marketeam and agreed that in the event the assets are resold by Marketeam within one (1) year, a sum equal to the proceeds of the sale would be paid over to i5ive. Marketeam provided management and operating services to i5ive during the period February 1, 2002 through May 31, 2002. Marketeam is currently owned by Douglas F. Loblaw, a Director of Suite101 and former Chief Operating Officer of Suite101. The i5ive assets sold to Marketeam were the subject of an option agreement entered into in March 2002 with an unaffiliated party which option agreement expired in May, 2002 without having been exercised. The sale of the i5ive assets to Marketeam was unanimously approved by Messrs. Blumberg, Campbell and Peters constituting all Suite101's directors not having any interest in the transaction. The sale of these assets was a result of a determination of the Board of Directors of Suite101 made in December 2001 to seek to redirect the Company's activities in an effort to enhance and maximize shareholder values. Subsequently, Suite101 substantially discontinued its active management and operation of the Website assets in order to conserve its cash assets. The Website assets were not producing any material revenues and were contributing to an outflow of cash. Management of Suite101 is currently seeking to redirect its activities into another area of business and it is expected that this will involve a business combination or other material transaction. As of July 17, 2002, there are no definitive agreements or agreements in principle relating to the acquisition of any other business activity by Suite101.
OTC Bulletin Board Market News -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- VOLUME(-): BOWG Volume 628% > 20-adsv, Stock -37.04% FRIDAY , JULY 26, 2002 10:26 AM This is the 1st VOLUME alert for BOWG in the past 7 calendar days. Trading for Suite101.com Inc (OTCBB: BOWG) has been heavier than usual in today's session. By 10:25 ET, the stock had already traded 66,200 shares via 13 trades. The cumulative volume is 627.87% above than its 20-day average of 9,095. Normally the stock experiences around 3 individual trades per session. So far, today's volume surge has caused a net decline in BOWG's stock price. At the time of this alert, the stock was trading at $0.170, down $-0.100 (-37.04%). One year ago, the Company's shares closed at $0.250. The price has declined more than 31 percent since then. Over the last 10 trading session BOWG has traded in a range between $0.270 and $0.300 and is currently trading 78.75% below its 52-week high of $0.800 set on April 03, 2002 and 112.50% above its 52-week low of $0.080 from December 14, 2001. In the previous 3 sessions, BOWG trading has displayed a flat trend. Closing results have been as follows: July 25, 2002 --- closed at $0.270 even for the day on 26,500 shares The Company last released news on July 17, 2002:
OTC Bulletin Board Market News -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- VOLUME(+): BOWG Volume 297% > 20-adsv, Stock +20.00% WEDNESDAY, JULY 31, 2002 10:21 AM This is the 2nd VOLUME alert for BOWG in the past 7 calendar days. Trading for Suite101.com Inc (OTCBB: BOWG) has been heavier than usual in today's session. By 10:20 ET, the stock had already traded 68,000 shares via 10 trades. The cumulative volume is 296.73% above than its 20-day average of 17,140. Normally the stock experiences around 4 individual trades per session. So far, today's volume surge has caused a net rise in BOWG's stock price. At the time of this alert, the stock was trading at $0.300, up $0.050 (+20.00%). Eleven months ago, the Company's shares closed at $0.300. The price has gained more than 0 percent since then. Over the last 10 trading session BOWG has traded in a range between $0.170 and $0.300 and is currently trading 62.50% below its 52-week high of $0.800 set on April 03, 2002 and 275.00% above its 52-week low of $0.080 from December 14, 2001. In the previous 3 sessions, BOWG trading has displayed a mixed trend. Closing results have been as follows: July 30, 2002 --- closed at $0.250 down $0.010 (-3.85%) on 16,500 shares
BOWG SUITE 101.COM INC. 03:54:18 PM 8/06/2002 Today's High: 0.33 Status: Active -- posted by Steven_Russell » Kirk - Good Day to be Long BOWG .They even tried that sucker "head fake trick" I've warned about here many times. They brought it down early and big on tiny volume to flush out some shares... then the larger orders came later in the day where they had to pay green to get it. <img src=http://ichart.yahoo.com/w?s=bowg.ob width=512 height=288> http://finance.yahoo.com/q?s=BOWG.OB&d=c... For those that don't know about the "head fake" the market makers do with this stock. They seem to get a buy order. When this happens, they OFTEN bring it way down on a tiny order to sucker the foolish shares to panic… Then they use that fear to buy the larger volume of shares. Look at the chart FOR TODAY and see how they probably sold each other a few shares to open the stock way down early. Then the sucker shares came where they filled some of the order at 47¢ then they've had to pay more to fill the rest of the order with the largest volume so far paying 52¢. Here are my personal transactions for BOWG the past two years: This just shows how you can trade a stock you've lost money in and make most of it back. My newsletter cost basis for BOWG is 61¢ a share now after some trading like this. Watch those head fakes! <img src=http://chart.bigcharts.com/bc3/intchart/... width=550 height=335> What is really interesting is BOWG is now just an empty shell with $3M in cash (last I heard). Suite101 is really now Marketeam which is private and has no connection to the stock price except for some profit sharing where they still have SOME ties back n forth. -- posted by Kirk » Kirk - Re: Re: Good Day to be Long BOWG .in response to message posted by Gay_Klok: Well, Suite101.com trading as BOWG has nothing to do with the web site you see here except for a very minor interest should the currently privately held company sell the assets. BOWG has broken the downtrend with a higher high. <img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366> Look at what it did as a stock last year… It had a bear market between Sept and mid Dec as it made a series of higher highs and lows until a bottom under a dime. About mid December last year, it rallied from 6¢ to over 50¢. It seems something similar is happening this year. This sort of volatility is great for people like me but many get caught up in stocks that make huge gains and buy only to have the market makers then take the stock down to get these folks to book losses. Then they do it all over again. Over half a million shares traded yesterday. I wonder if we could use some sort of TA to see when the stock will roll over again? I still hold some shares bought as low as 12 cents. I sold some at 48¢ and 64¢ this year during some of those rallies and then bought some back at 25¢ in August. I still have some WCOM losses to take so I might sell the recently bought BOWG shares into this rally to take gains and offset the WCOM losses. <img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366> The thing to remember is this is pure speculation. The stock is just a holding company for about $3M in cash with no business model. I expect the holding company to do an IPO when they find a new business that will sell well. I believe the insiders use this volatility to buy back shares and they will do this until few free shares are left. -- posted by Kirk » Kirk - Re: Bounce .In response to message posted by Dave_K: Yeah Baby!
This Stock has been a good money maker the past few years. At today's price, I'm even ahead on all my newsletter BOWG buys and sells. I feel pretty happy to be one of the few to have not lost a ton on the internet and to actually be in the black (at the moment... this could reverse fast!). <img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366> -- posted by Kirk » Kirk - Crazy - Up 97.4% YTD! .Penny stocks like this are crazy! Up 97.4% YTD! I just sold some more at $0.77 to lock in gains in my IRA. A triple on shares I bought last year but I've got some shares bought even lower (and still some high priced shares I lost money on in 2000). I picked $0.77 for profit taking as it was just cents shy of the 2001-2002 intraday high. <img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366> This Stock has been a good money maker the past few years. At today's price, I'm now well ahead on all my newsletter BOWG buys and sells. <img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366> -- posted by Kirk » Kirk - Now up 123% YTD! .In response to message posted by Kirk: Just sold a few more shares today for $0.88 that I paid 18¢ for. Needed to offset the WCOM tax loss coupons from last year I carried over to 2003. Now I am in the mode of selling some every time it goes up as this has grown to be a significant (3% or more) percentage of my portfolio. This is what happens when you get lucky with a penny stock. <img src=http://cbs.marketwatch.com/charts/int-ad... width=452 height=366> I post this as a reminder that you should take profits when your speculations pay off as they often crash back. Look at the charts for this stock for last year and it had manyruns like this where if you took profits, you could buy it back later on. but even the buy an holders saw the stock go up 85% for 2002 (21¢ to 39¢)! -- posted by Kirk « Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 Next » Please follow the guidelines set forth in the Suite101 Posting Etiquette when adding to the discussion. |
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