I will throw my hat in the ring.
I will be following and trading a small number of companies in this challenge. Companies I believe offer short and long term potential. Companies may be added and deleted from the watch list. Fundamental analysis will help pick stocks for my watch list and technical analysis will play a part in the trading. A stock may be held for the long term or swing traded.
$5 commission will be charged for each trade, Buy and Sell.
The fund will start with $3,000 being broken into three $1,000 accounts and the first trade in each will be $1,000. When one is sold and re-invested, the full amount will be invested. The fund may hold from zero to three stocks.
greatday8
Fund Total --------------> $2,672
Fund Positions:
Fund 1 __ Open _ $774
Fund 2 __ Open _ $1,477
Fund 3 __ Open _ $421
Open Positions reflect the last trade of : 9/15/2006
Fund 1
Buy Dat _ Symbl _ B $amt _ B Pr _ # shares _ S Date _ S Pr _ S $amt
11/02/05 _ GETC __ 1000 __ 0.09 __ 11056 _ ________ _ 0.07 _ 774
Fund 2
Buy Dat _ Symbl _ B $amt _ B Pr _ # shares _ S Date _ S Pr _ S $amt
11/04/05 _ GETC __ 1000 __ 0.09 __ 11056 _ 11/16/05 _ 0.115 _ 1271
01/09/06 _ GETC __ 1271 __ 0.06 __ 21100 _ ________ _ 0.07 _ 1477
Fund 3
Buy Dat _ Symbl _ B $amt _ B Pr _ # shares _ S Date _ S Pr _ S $amt
11/07/05 _ URBT __ 1000 __ 0.075 __ 13267 _ 03/13/06 _ 0.04 _ 530
03/13/06 _ AACS __ 530 __ 0.0162 __ 32407 _ ________ _ 0.013 _ 421
Watch list:
AACS
CGGE
GETC
URBT
Fund 1: Buy GETC at $0.09 ( I own GETC shares)
Quote is .08 x .09
GETC is oversold and has been going down on light volume hitting the Bid. Very volume on the Ask. I think GETC is very close to a bottom but am not expecting upside till we get news. The 10Q is due Nov 15.
GETC thread: http://www.3stocksonfire.org/trading/index.php?topic=2808.15
(http://bigcharts.marketwatch.com/charts/big.chart?symb=getc&compidx=aaaaa%3A0&ma=5&maval=9&uf=8&lf=32&lf2=4&lf3=1024&type=4&size=2&state=11&sid=160381&style=370&time=6&freq=1&nosettings=1&rand=4605&mocktick=1)
Fund - 2:
I bought more shares of GETC today at .09 so I am going to take a double position in GETC and buy GETC at .09 in Fund - 2.
I believe GETC has good support under .10 and I am adding to my holdings in this area.
greatday8
Fund - 3: Buy URBT at $0.075
http://www.uatvn.com/index.php
Quote is .07 x .075
Urban Television Network Corporation is a television network composed of broadcast television station affiliates across the country that air programming supplied by the network via satellite transmission. The network is the first and only minority certified network to specifically target America's urban market that is comprised of African Americans, English speaking Hispanic Americans and many other urban consumers. The network has approximately 70 affiliates with a household coverage of approximately 22 million households.
(http://bigcharts.marketwatch.com/charts/big.chart?symb=urbt&compidx=aaaaa%3A0&ma=5&maval=9&uf=8&lf=16&lf2=1024&lf3=4&type=4&size=2&state=11&sid=1318474&style=370&time=7&freq=1&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=2150&mocktick=1)
greatday8
I applaud you for you're thread and wish you the best of luck. Will be watching to see how you're doing.
Good luck trading :)
GETC filed an 8K on 11/09/05. Price moves up to .11 x .118
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
EXHIBIT 99.7
TECHNOLOGY PURCHASE AGREEMENT
http://freerealtime.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=4003336&Type=HTML
GETC filed and 8K this morning helping the share price to move up.
URBT seen selling the past few days taking the Ask down to .06 but had nice volume on the Ask in the last hour moving the quote back to .07 x .079
Fund 2 -- Sell GETC @ .115 with quote at .115 x .118
On Tuesday, Nov 15, GETC filed an NT 10Q. This gives a five working day extension till Nov 22 but the 10Q can be filed anytime, does not need to wait till that day.
Locking in profits on one position of GETC and lets see what happens.
Fund - 2:
I bought more shares of GETC at .06 into my real account so I am going to take a double position in GETC and put GETC at .06 in Fund - 2.
greatday8
Continuing to hold URBT and it is looking very good for the long term.
GETC and URBT have commodity/share exchange agreement. Notice the volume breakout on URBT today. GETC broke out last week and URBT today. Tells us there is something in the works. Will we get news this week or next week?
Strong connection between GETC and URBT...both stocks should do well.
==========================================
MaxStockPro.com Goes One on One With CEO, Mr. Jacob V.O. Mullins
UATV recently had a new CEO take over the company about four months ago (10/05) by the name of Jacob R. Miles III. With a few goals in mind that we believe are getting ready to start rolling out in the near term. Last week MaxStockPro.com did a feature company overview on Urban Television Network Corporation, now we have an exclusive interview with the CEO of the company. We had the chance to touch on topics that the investment community or future investors can learn about the company. With many mile stones coming this year we asked the CEO of Urban Television Network Corporation the following questions.
Overview of Company ---
Talking Points
Urban Consumer - African-Americans/English Speaking Hispanics/Other - 80 million - $1.5 Trillion
Broadcast Network -- Full Power Stations with long term goal similar to ABC, NBC, CBS, FOX
Distribution -- Growth to 60 million households
Nielsen Ratings
Content - Black College Football, Latin Eyes, Neo Soul, Sports
New Media - IP Streaming, Podcasting, Video OnDemand
Network Launch starting in mid 2006
Latest News for UATV:
Urban Television Network Corporation (OTC Bulletin Board: URBT) CEO and Chairman, Jacob Miles, will be a featured speaker at the MultiCultural Media Expo being held at the Los Angeles Convention Center from February 22-24, 2006. Expecting national attendees from all segments of the media industry, the Expo will integrate the business conference and floor expo formats into an interactive media event focusing on the multicultural markets.
During his appearance at the MultiCultural Media Expo, Jacob Miles will remark on the current tendencies of media to separate the diverse cultures of America, while also highlighting UATV's focus on bringing minorities together through their unifying interests. The current and future state of Urban America Television will also be discussed, including: its move from low to full power affiliates, expanded programming (short form and long form), interactivity and mobile media, Central and South American expansion and the impact of UATV's groundbreaking agreement with Nielsen Media Research.
Question & Answers
MaxStockPro.com Staff : What is the status on updating the filings to possible move to a bigger exchange?
Mr. Jacob R. Miles III CEO : As we increase assets and revenue, we will begin the process of moving to a larger Board.
MaxStockPro.com Staff : What can the investment community expect this year from Urban Television Network Corporation?
Mr. Jacob R. Miles III CEO : Consistency and execution of the business plan Acquisition of new assets and attention to increasing revenue
MaxStockPro.com Staff : Can investors expect any acquiring of any companies in Q1 from the company?
Mr. Jacob R. Miles III CEO : We are always looking for acquisitions that match our core strategy and that will enhance shareholder value, particularly those that add assets and revenue.
MaxStockPro.com Staff : We notice the OnDemand platform is starting to take off. Can investors see Urban Television Network Corporation deliver any of its content in this format?
Mr. Jacob R. Miles III CEO : We are working very diligently in this area to create an integrated message that enhances our broadcast platform. We see IPTV specifically, as well as other on-demand platforms, growing exponentially over the next few years, and we see the lines between traditional television and Internet becoming very blurred.
Today, technology is significantly impacting the lifestyle of the average consumer: TIVO has created a market of consumers accustomed to the convenience of time-shifting television programs, Apple is leading in the rapidly evolving consumer expectation of mobile multimedia content and it seems everyone has a cell phone. As Video OnDemand, mobile content and increased cellular bandwidth mature and blend - you can bet UATV will be right in the middle of it.
Thank you Mr. Miles III for giving MaxStockPro.com staff this interview. MaxStockPro.com will began coverage of URBT throughout the year as we stated in our "Feature Company Section" about URBT. We will keep the investment community updated and give facts about URBT.
Urban Television Network Corporation
2707 S. Cooper, Ste. 119
Arlington, Texas 76015
817-303-7449
817-459-2942 FAX
This story is courtesy of MaxStockPro.com Staff, and the CEO of Urban Television Network, Inc. Mr. Jacob R. Miles III.
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http://www.maxstockpro.com/Interview2.html
Greatday8
Haven't seen any recent post. Don't stop I like what you have going. Very impressive so far.
Applaud for you're gain's
Updated the performance of the three funds and no change in the stocks. Both stocks, GETC and URBT have been correcting from recent moves up and testing support area.
Revised my watch list. It is possible GETC will be making deals with the other stocks in the watch list, AACS, CGGE and URBT.
Fund 3:
URBT - going to close the URBT out at $0.04
and
AACS - replace with AACS at $.0162
Fund 1 & 2:
GETC - still hold GETC long and strong
Updated the subject title and the 2nd post to reflect the current value of the stock positions in this challenge.