A few days a go I talked about finding this sales ad for a Wi-Fi TV channel recruiter/sales person off craigslist.org. Something that always gets me excited is something different and something very new which is what Wi Fi TV Inc is trying to do. Now, although Wi-Fi is nothing new it is becoming a bigger part of our everyday lives. For instance most new and old cell phones come with wireless wi-fi downloading video clips. Companies like Sharp, Sony, and Casio are coming out with Wi-Fi wireless TV’s. I did some research on www.Google.com with the keyword “Wi Fi Tv” and this is what I came up with:
Wi-Fi TV Inc. on pinksheets.com (OTC:WTVI.PK)
June 2004 – Talks about electronic companies building the first Wi-Fi TV sets.
January 2006 – An airport company creates Wi-Fi streaming TV for its passengers.
May 2006 – This blog talks about all the cell phones using wi-fi hotspots to download wi-fi Tv channels and on Wi Fi TV Inc.’s free calling service with it’s new website.
March 2003 – A public broadcasting cable channel in New York, NY uses wi-fi in a park to do a live broadcast.
2006 Article – Statistics on Wi-Fi users and big market. How Wi-fi is growing and companies that are starting to profit from it.
January 2007 – Press release of Wi-FiTV.com at the 2007 Consumers Electronics Expo in Europe.
January 2007 – Press release of Wi-FiTV.com’s new social wi-fi tv streaming website.
November 2006 – Wi-Fi TV Inc.’s business plan to compete with uTube.com and Myspace.com
Currently I plan to invest in this penny stock for these reasons. At least with the information I found, emailing the company, and profit potential I think this company has a good chance of growing into something better. It is basically nothing right now, but if the company does introduce their website and new product offering to the market correctly it could be a big deal.
With the stock at less than a penny @ $.0031 I’m going to purchase $2000 worth which will give me over a half a million shares. The possibility of loosing my investment is extremely high. Since I can loose the same amount buying options I’m willing to take the risk for a reward. Plus I like the companies vision. I do think watching wi-fi tv from your laptop, PDA, or cellphone and messaging with each other could be a fun thing. If I think the site does a really good job at Feburary 19, 2007 new social site press release I plan to buy another 500,000 shares to have a 1% stake in the company if the penny stock is still a penny.
Check out www.wi-fitv.com and tell me what you think. -FN
Wall Street is happy with Fed’s “management” of soft landing economy – Also a OTC stock called Wi-FiTv.com
Today investors were happy including wall street with the Fed’s holding the rates unchanged and applauding Feds for “managing” the economy well even though the Feds caution investors ahead. Rates stay unchanged at 5.25% made the market go up after final decision was made. Many stocks have been beaten down and I feel one that will gain a lot from this will be Catepillar Inc (CAT @ $64) with a profitable quarter and positive outlook with economy.
I just recently have been viewing Hawaii’s craigslist.org for extra part-time income for my spare time when I get back to save more. In the sales jobs I found a sales opportunity for selling online Wi-Fi Tv channels at $25,000 a pop!
Seems expensive but could be very cheap if this site would become the number #1 for Wi-Fi Tv downloading on wireless laptops, PDAs, PSPs, and Cellular Phones. I checked out the site, the publicly traded company on the OTC pinksheets OTC: WTVI.PK, and CEO. Bad things are its financials with a lot of liabilities and debt. Positives are if it could gain market share in the online TV generation it could be bigger then uTube.com offering actual Wi-Fi Tv to download and watch anywhere. Currently after a 1:500 stock split (truly bad) this stock tanked and lets say its original investors lost a great deal of the money they invested. Now the stock just sits dead smashed at less than a penny @ $.003
Now this could be an opportunity with the company pushing a new sales force to sell the site and channels and working on website traffic the companies stock is very speculative. Owning 100,000 shares after commissions would be a very low risk investment even if you lost all your money. Say the CEO and company does just one thing right and your investment could easily be worth a mega percentage more while the company grows and starts to pay off liabilities to become profitable.
Wi-FiTv.com is something in the near future. uTube.com has already made uploading videos and watching them possible, trendy, and sold for billions of dollars to Google.com. Now to actually have a trendy Wi-Fi Tv service I think its going to take a lot more dedication and shows users are actually going to want to watch. Right now Wi-FiTv.com is just personal shows with some small bits of real tv news programs like Bloomberg.com and webcams.
It is currently trying to sell channels at $25k a piece for advertising or charity? Give me a break! Users don’t download advertisements to watch! This is where I’m confused and think the company is going to have a road block. I think the right thing would be selling $25k advertising Ads and making all the channels frees. Making millions of channels somewhat like uTube, but more geared to shows, talkshows, podcasting, and events and let users search what they want to watch and have advertisers pay to be in that main area with their specific unique product or service. Now that would make more sense. I’m going to talk to a sales rep selling channels. I’ll see what he/she has to say and see if I can actually view Wi-FiTv.com on my Sony PSP game sole which is Wi-Fi capable.
I need to be sold first before I invest even $100 into this company. If all these channels presently on Wi-FiTv.com paid $25,000 a piece for a crappy show or wi-fi tv advertising I’m going to be blown away because it seems like a waist of advertising money at this point. After viewing the channels as a free user nothing makes me want to use the service or watch it because theres nothing interesting on the site.
Once I get more on the scoop of WTVI.PK I will be sure to post something new good or bad about the company.
Lately Apple Computer Inc. has been getting some great reviews on it’s new product line for 2007 secretly done by AAPL CEO Steve Jobs. I think even earnings this year with selling the smaller iPod Shuffle to the masses could be a hit and we already know iTunes has done superb selling downloads just another cash growth machine from Apple. What we also hear about over and over is the AAPL stock options probe on Apple itself and going after the CEO of the company Steve Jobs. If CEO Steve Jobs is asked to step down or leave this could be dangerous for the stock price. I could see it falling more than 10% in a day. Recently after the hype about the new products from the Mac Expo 2007 the stock has been slowly treading down which isn’t strange because the stock is up around 12%. Some profits will be take off the table. I think it will go higher into earnings. I think it will be a very volatile year for Apple.
If the iPhone does very well and is a hit it could be the biggest trend setter yet since the iPod started in 2000. If CEO Jobs has to leave it will damage and hurt investors, but only for the short-term as long as Apple sustains its growth and products sell and produce earnings beating Wall Street Analyst estimates. AAPL currently trades at $95.
A former real Wall Street analyst blogger I found did a great job commeting on his Coffee Brew for Friday Jan 12. I like what he has to say. He sounds very knowledgeable about the market.
I’d read some of his posts and I think he is also right about Computer sales for the Tech Sector about AMD. I think you could see some change later in 2007.
I came across this news article about a young family saving money after college and thought it would be really useful and interesting. You might even get some insight in your own home to help you become a millionaire.
CNN Money Online Article (Click Here) – Millionaires in the Making: The Johnsons
I just recently bought OCT 40 PUT options on SWN. Technicals show it dropping off the rictor scale. My instincts were right, but now I am in my second PUT feeling even a bigger sell-off is going to happen. Am I wrong I think? Did the support finally hit? 3 peaks going down, will the trend keep going up now? SWN follows very closely to EOG Resources (EOG). If $64 for Crude Barrel Inventory is the support price that “keeps the oil industry profitable” then I should be buying CALLS right now. I still feel oil has a way to go down unless a swarm of buying persists this week. September technically being a sell-off month going into October. Oil is still at all time highs and I believe it is running out of steam. I could be wrong and I will know by the end of this week of Sept.
SWN Daily Chart showing PUT trade in September 2006.
Currently I know Oil Holders Investment Trust (OIH) shows a support level at around $125 a share, and with todays rise of 5% across many energy sector stocks it makes me wonder if we are about to go for an upward ride. Remember the energy sector is down 7% right now which could be between 5-20 pts depending on which stocks you follow. Right now energy looks like a bargain at discount lows, but lows can go lower. In the next fews days I’ll re-comment on this post to make my decision.
My OIH price support analysis at $123. I was right. Bounced all the way up to $140.
In the military just as in the corporate world we are basically paid twice a month. The 1st and the 15th. As a previous pizza delivery driver those days were the best to make money on. Some drivers would just only work on those days because tips are better because people are paid. Now I am going to talk about saving your hard earning pay day money. Creating some type of budget if it be in your head or in a planner book. You need to know what you can and can not spend because if you don’t how much free money you can have to spend you will end up with nothing left to save until your next check. Many people live paycheck to paycheck. It has even happened to me when I was very young. At a certain point I just understood the meaning of money and the bigger vision of keeping more of it would get me ahead in the future. Try to save at least 25% of your income. Currently I earn around $3000/m after taxes. Not a lot for living in Hawaii, but enough to be about to save at least 35% or $1000/m to invest with. My ideal thinking is to invest everything I can into stock market options. At some point I am going to be very right. I have been actively studying the stock market for over 10 years and just recently stock options for the past 2 years. I’ve learned a lot and I’m starting to trade smarter from doing mistakes I’ve already been taught not to do. I can’t say I am much of a rebel, but everyone at some point is a child and you are going to get spanked hard by one play or another to teach you a big lesson. Sometimes loosing so much money in the market can be a very huge motivating push that can help you go from rags to riches.
Now back to pay day. If you are going to be better off the next month you need to have it in the bank. Call it saving for an emergency or cushion money or even money you are willing to give up for a bigger vision of your future. Yes, I have lost money in the market. I’m working on making my losses small and my profits larger. For every person that is loosing money there is someone or some investment firm making it and I want to become that person that profits. I know what you are thinking. No way I want to loose money in the stock market and you are right. You need to study and have conviction about when you trade know absolutely your trade is going to work. If you don’t feel the stock market is your veichle for future cash flow then consider saving around $5000 and buying a condo or small house (getting 100% loan financed only paying closing costs). I bought a small home and receive $725/m rental income from it with a $653 mortgage. Not much rental income but owning it pays off HUGE with my yearly taxes receiving more paid out money and I can say I own something.
I hear many people say they want to take some money from their paycheck and invest it in bank deposits and bonds. Personally I just don’t think you make enough for your money just sitting there, but if you don’t believe in a little more risk creates a much bigger return then do it. I just hope I can motivate a person to save money. Everybody just seems to spend it all then they think I’m rich because I don’t spend mine. It’s choice, you’ve got it and so do I so use it and think long-term with a short-term money management style to create more choices for you and your family long-term.
Here’s a story of my parents. I remember as a child listening to WHRO 90.3’s 5 P.M. wall street radio broadcast of the Dow Jones Industrial Averages and Nasdaq Monday through Friday. My parents would invest $50 a month into 1 local company every month and did this for years. 12 years later with around $8,000 saved from buying 1 to 2 stocks to equal $50/m now they have the choice to help them buy their dream home, a new car, help pay for college, use for medical, or just keep investing. This is the power of saving and investing even as little as $50/month. My parents never made much money probably together less than $30,000 a year having 4 children. We lived in a small town-home, ate crockpot soups, rice, and simple meals rarely getting fastfood or deliveried pizzas and really never going out to a resturant. We sacrificed a lot of luxuries, but I feel as a family we were happy. Christmas was never expensive because we always found it fun to buy a million gifts from the dollar store. Sure it sounds ghetto? It isn’t. My parents made an attempt to buy us each at least one nice gift whether it be some new clothes, a bike, or something we needed not necessarly something we wanted.
Remember a small sacrifice to start saving your money can pay off big when you need it most so start now.
My first blog inspired by other financial bloggers aimed to help individuals learn how to increase their goals to a faster retirement.
Hi. I’m Paul Meyer and will be writing this blog under the name Finance Ninja. I thought up the name fighting between Money Kung Fu and my cyberspace nerd name elektrowhiteboy. I’m an ordinary big nerd. I think up the craziest things to say, do, and help people with. I am great at saving and creating ways to make money. So I thought Finance Ninja was the best general name for this blog I’m going to pour my heart and soul into. Unlike other financial wisdom bloggers I am going to go down other dark roads to help you learn more about the power of money. Money can help you or destroy you, and you really need to choose right now in your life what it will be.
I am currently in the United States Coast Guard serving a 4 year term with around 3 years and two months left at this point. I’m very confident in my decision in join the USCG to save money, surf more waves, and live in a fresh new place. To make a comment on that you can move anywhere, but you will always be the same person inside so lets find out really who you are and help you manage your money more efficiently.
My name is Paul. I have an addiction and it is saving money.