anyone into stocks - Striper Talk Striped Bass Fishing, Surfcasting, Boating

mrmacey · 01-07-2003, 09:59 AM

ive been watching this company based in rhode island kvhi it manufactures boat tvs gps and the sorts the price of this stock took off this week a couple months ago you could buy at under 6.00 today its over 12.00 why cant i be a risk taker!!! another ive been watching wter 2 cents on the bb i feel this is gonna take off only my opinion but have been watching for over a year they have a good product filtration system at any water source makes 10 000 gpd drinkin water could use one down the thames lol watch this one!!!!

Team Rock On · 01-08-2003, 09:32 PM

Oh Boy! If you are interested in penny stocks that is my forte. 95% of the OTC stocks are scams, but... if you know how to play them and can sit in front of a computer all day you can make some serious money. These stocks are heavily manipulated by the insiders and stock promoters involved in these stock selling schemes. The key is to watch and chart them and wait for the signs of the pump and dump. I did check out WTER but with the minimal volume (it traded 3000 shares @.015, that's $45!!) you would most likely get stuck. Look for companies with high volume and sharp ups and downs. Many stocks have clauses in there financing arrangements that call for a certain minimum floor price of the stock. It's amazing how the price bounces off this number (not really as the financer (I call them penny pimps) usually has a short position to hedge the shares he has been given and "covers his short position as the price nears the "floor". Another good sign is an S-8 filing whereby the company issues shares to consultants (usually family and friends!) and has to promote them to get a good price. The majority of these p+d's usually last 2-3 days with the best time to dump your shares being the morning of the second day around 11:00 AM. Current pumps I'm following are FSTI and CMKI which are both at their peaks (just my guess). Watch them retrace back to their levels of last week. Just remember, gamble only what you can afford to lose, and at the very least, take your original investment off the table ASAP and ride your free shares.

Big Vern · 01-13-2003, 03:28 PM

As a financial professional, I can advise you NEVER to buy penny stocks. It's simply bad idea jeans for many of the reasons listed above. The only appropriate allocation towards penny stocks is money you would have otherwise brought to Foxwoods. Any money set aside for retirement, college, and the like should be put into a safer arena. Unless you have a Nasdaq Level II terminal, have no job, and sit in front of it all day, I think you'd be eaten alive by the OTC traders.

mrmacey · 01-24-2003, 11:36 AM

market is plunging this week but wter is holding at 2 cents i took a shot with wter!! see what happens!! better than fox woods!! dont know much about stocks just went on recomendation!! if i see it go to 15 cents ill be happy!!

Team Rock On · 01-24-2003, 03:27 PM

looks like somebody sold today-----2:15pm ET
WTER
0.016
0.00 (15.78%)
Day's Range: 0.016 - 0.02
Day's Volume: 24,400
Avg. Volume: 0

Here's a little story about .........a guy who kept buying shares in a thinly traded otc company. Every time he bought the stock it went up. Finally after "making" a 500% profit with his shrewd investing skills he decided to take some profits. He called his broker and asked if he'd sell half his holdings. His broker replied, "I can't, you were the only one buying the stock!"

From what I read about WTER it is nothing but a shell at this point, with no revenues or marketable product.

Goose · 01-24-2003, 03:38 PM

With all this cold weather I could use a stock over my head........

mrmacey · 01-24-2003, 08:21 PM

that post from today, about hondorus, is that false or are they ready to do something!!

Team Rock On · 01-24-2003, 09:01 PM

All these PR's are protected under the Safe Harbor Act. They are considered forward looking statements. Now here is an old company report I dug up. Keep in mind WTER has only generated 40,000 in revenue in the last 4 years or so. You be the judge whether anything they say will happen............................................ .........During the latter part of 1998 WaterChef embarked on an aggressive multi-tier marketing program to introduce the water cooler product line to the major retailers and mass merchants and to the bottled water industry in the United States.

For the record, it is pointed out that WaterChef already has experience with the large mass merchants with the Company's success in selling and promoting product to the West Coast operations of the Home Depot organization.

In further support of our growth program, WaterChef has mounted an international marketing program for water coolers with particular emphasis being placed on potential customers in the Middle East, Central and South America. Water marketing surveys have shown that the Middle East is the second largest market after the United States and South America is the third largest of the growing markets.

WaterChef's PureSafe Water Station has been designed to provide a local solution to the drinking water needs of small populations. Each system can satisfy the purified water needs of 3,000 to 3,500 people, affordably and efficiently. The WaterChef system is adaptable to a wide range of water-borne threats and is suitable for a wide range of applications. The PureSafe Water Station is designed to be attended during its hours of operation, and has been engineered with an eye toward ease of maintenance and ease of installation. The basic system, complete with backup power supply, will provide U.S. EPA grade drinking water for about $0.035 per gallon.

While the PureSafe Water Station was originally designed to effectively convert "bathing grade" water to potable water quality, the Company has responded to other water problems with system enhancements. In the first enhancement the system has been upgraded to handle brackish water conditions and the presence of heavy concentrations of toxic metals. Most recently WaterChef has incorporated full desalination capabilities into an expanded version of the system.

Additionally, WaterChef has been formally selected by Counterpart International based in Washington, D.C., to provide the PureSafe Water Station for the low-cost housing development Counterpart will build in Negros Occidental, the Philippines. Construction was scheduled to start later in 2000. WaterChef has also entered into a marketing agreement with another group to market systems directly to agencies of the Philippine Government.

WaterChef, in 1999, commenced active negotiations to provide multiple systems for use in the Middle East, Mexico, Paraguay, Peru, Thailand and Vietnam.

In second quarter 2000 WaterChef was notified that the PureSafe Water Station had been selected by the International Red Cross for deployment in Mozambique as part of the relief effort.

With the business captured recently, the positive response to our product offering among our potential customer base, and the positive impact of our new products, WaterChef projects domestic revenues of over $3,000,000 in 2001 growing to over $15,000,000 by 2004.

©2000 TheStockPit.com.

mrmacey · 01-24-2003, 09:20 PM

should be illegal going back a year ago or so they put one up then it took all this time to put another up the info i got was from floridia my wifes dad told us about it and then it was 8 cents got in went right to 2 cents and hasnt moved was going to cash out and take the loss on taxes i think you can claim 3000.00 on stock loss but we switched just gonna hang on to it and see what happens who knows the last we heard this was going to move and go on to another board!! another one he gave us was srx when that came on i think it started at 16.00 went right up in the 20.00 s that was out of our league though!! so here i sit with this wter its only small amount but we should have thrown it on srx!! thanks for info ill keep in touch!! just looked srx is 25.40 could of made 9.00 a share on that one!! it went as high as 30.00!!!

mrmacey · 01-31-2003, 07:15 PM

rock on with out filling pages here can you just give me alittle breakdown im following wter volume today was alot more than usal how does the priceing work you have real price which is 2 cents then you have percentages so today was 22 0/0 how does that work whats it a percent of

Team Rock On · 01-31-2003, 08:37 PM

0.018----------This is the closing price yesterday
0.0219----------the closing price today
+0.0040 (+22.22%)------the gain between yesterdays close and todays close. Up .004, which is a 22% gain based on yesterdays closing price
Volume: 111,000 ----- amount of shares traded today

The meaning--- absolutely nothing! If you multiply .02 (the average price the shares traded at today) by 111000, only about $2220 changed hands today. My guess is one person decided to average down a bit today and bought, driving the price up.

mrmacey · 01-31-2003, 08:50 PM

all i seen was green its a good site when you usally only see red im learning a little here little there!! iwent to google and researched all there info this company looks bad!!

Mr. Sandman · 02-03-2003, 02:02 PM

Quote:

Originally posted by Don Corleone
As a financial professional, .

This should read: LOOK OUT...SHARKS IN THE AREA, keep you hand on your wallet at all times.

Big Vern · 02-03-2003, 08:30 PM

Mr. Sandman...why are you insinuating that I'm a shark? I'm as honest as they come.

JohnR · 02-03-2003, 09:23 PM

Sandman - I met him, he's actually humble. No slicked back hare, no faux CT accent. He actually looks more like a bartender from Southie than a Financial Type

Mr. Sandman · 02-04-2003, 07:12 AM

Sorry. I don't know you personally and I probably should not have said that. You are probably a great guy and fisherman.
I just don't trust wall street brokers anymore. (The Godfather handle does not insprire a lot of "honesty" )

mrmacey · 02-04-2003, 07:57 AM

i thank you for your help and sharing an intrest with me, after world com,and enron, it would be so easy to stereotype financial pepole as part of the gang!! but its that non trust thats killing the market, to me nows the time to get into stocks there are some bargains to be had, its going to rebound when is anyones guess and i would like to see pepoles 401k get back up there!! hopefully the presidents package helps the situation. all i know is wter is at 4 cents, can you see egg harbor in the future yea!!!

Big Vern · 02-04-2003, 09:28 AM

It's all good. A lot of brokers give the business a bad name. However, I'm a complex strategy, plannning, and mortgage guy. I don't handle the actual brokerage issues, and I agree that those that do are by and large what you describe. I do work in a top team at a street firm, but you'd never know it. Commission hungry sharks disgust me too.

nightfighter · 02-04-2003, 07:51 PM

I...... never mind. Don't get me going.

fishsmith · 02-06-2003, 10:24 AM

Is McDonalds a good deal @ <$14? It has history, volume, a strong list of mutual funds that own them and institional investors, since 1982 it's split 7 times and I had a Big Mac last night and that's a mighty tastey burger.
What is wrong with this company?

mrmacey · 02-28-2003, 08:12 PM

if you bought at 1 cents when i told you about it youd be 4 times richer!! its movin!! wter is the symbol!!

5 cents today!!

Team Rock On · 03-01-2003, 08:53 AM

Remember- You only get rich selling stocks. Holding penny stocks long term is financial suicide. I've been watching WTER since you posted about it and it has been bouncing btween .02 and .04 fairly regularly. The problem is you can't actually buy and sell at these prices.

Team Rock On · 03-01-2003, 09:11 AM

Read the SEC filings WTER filed last week. Your little stake in the company is about to be cut in half! But..... There is a shareholder meeting this month in NY. A ton of new shares are about to change hands. Shareholder meetings and pumps usually go hand in hand. Keep your good eye open and finger on the trigger!

mrmacey · 07-21-2003, 03:43 PM

back in january I told you all when it was 2 cents hope someone listened

rocketman · 07-23-2003, 10:36 PM

The safest way to DOUBLE YOUR MONEY is ... fold it in half and put it back in your pocket.

mrmacey · 09-04-2003, 05:43 PM

kvh that stock in ri i talked about went over $30.00 today

fishweewee · 09-05-2003, 07:13 AM

All finance types are scum. ESPECIALLY ex-Wall Street stock analysts.

MikeTLive · 09-05-2003, 09:23 AM

looked at the 1 year chart for WTER - after I found it as WTER.OB
WOW.

Got any more hot tips? I need to shift some dead weight stocks.

MikeTLive · 09-05-2003, 09:25 AM

Heh - the 5year gives a better picture.

mrmacey · 09-05-2003, 09:30 AM

ive been following that in my first threads a year ago over 30.00 today i think it was 5 when i liked it here it is you heard it here first AGRD 1 CENTS TODAY WATCH THIS ONE!!