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I figured I'd make this a yearly tradition. From the post I am replying to (April 2023) till now, things have continued to go well market wise for me. Concentrating on less stocks, and doing more longer term holds. Days to weeks, versus same day or one day. I will say that things have stalled for the last couple of months, but have not really gone down.
I hope everyone still reading posts here are doing well with your trades!
Yep. Best report I have seen from them in years, and we fall :-/
First profit in a long time. Exceeded expectations there for sure. Not much market reaction yet though. $RIG
Getting a little bit of positive movement right now. Would like to see it break .11. Been a little while since it was above that. $ASTI
Not the first guy to do it either. I am sure you have heard of the movie "Rudy". Well that a$$hole started an OTC company Rudy Beverage. He did the same thing as Ronn here. I lost my a$$ on that. Thankfully, Rudy was convicted of some crimes for that.
I saw that too. Not sure it was someone hitting the ask. Hard to tell with this one.
I saw that as well.
I have only seen it turned off once in the past year. That was the move from .0006 to .0034 recently. We had been fooled a number of times thinking the faucet was off, but it was only a pause. If you are in, I hope it's off. Not sure if they became current again. Would need to check OTC markets.
Yeah, looks like he is having a great time at our expense. Nice big smile on his face. Like you said, Karma will bite him at some point.
It certainly would help, lol.
Okay, didn't know that. I just know that with TDA/Schwab I was not able to add more RONN when the yield sign was up.
Yes, it's because they are late with their most recent filing. So now there is a yield sign: Pink Limited Information. Many brokerages will not let you buy these kinds of stocks. When/if they get current with their filings, the yield sign will be removed and they will be Pink Current Information.
I had a little bit left over from the last run to .30, and then I started adding back when it fell below .10. I thought for sure it would have one more decent bounce, especially when the float was still small. However, they accelerated their dumping to a point where the share structure didn't allow for any meaningful bounce anymore
GLTU too
Glad you made a good amount initially. You were definitely here for the ride from the .20's down to .0007. I actually made money on the run from .04 to .30, but lost a lot on round 2.
He's not short. Just one of the many of us who got burned here. GLTY
At least it seems to be stabilizing here around .13-.14.
The stock certainly acted like .14 is the right number.
Weird that the offering is at .314, and it's in the .13's now. I guess this sentence is why: "The actual price of,
and number of shares of, common stock to be offered may vary."
Any news??
It is, but they are letting it run this time around. I kept waiting for that, and then gave up when they increased the AS to 4 billion. Oh well, glad some people are making money on it now.
Wow, that is some BS there. What an a$$
I know, I was just making the point that they restore the .0007 bid pretty much seconds/minutes after it falls.
Thanks! Interesting. Every time it goes .0006 x .0007, .0007 is taken out, and replaced with another 10K bid.
Who is the MM at .0007 soaking up the shares?
That is sad Stock completely ruined. Did much better as a shell.
Thanks for this!
At this point it seems that they do not want to sell below .0007. We'll see if that holds true again today. The question is when will they be done? If they raise the AS above 500M, obvious bad sign, and kind of ridiculous after the cancelled 100M last month. On X they just made this post:
"CEO of Ronn Inc, Mr Ford, and the company will be updating the market and its shareholders on a variety of material items/events that have taken place in the coming days and weeks. These include some large/medium scale catalysts for the growth of the company."
We'll see if that will be another dumping scenario, or whether they are done and let the news be a catalyst for an uptrend.
It may be much ado about nothing, but it's still selling off
Way less than that to double, IMO
Normally see more volume come in closer to noon eastern time.
Would be nice!
100%! Lol
I don't think so based on what I am seeing right now. They had no problem dumping into .0008. Now .0007 x .0008. I won't add until .0002. I added yesterday at .001.
Trips coming here now. Hard to believe this thing was at .30 less than a year ago.
All above $5. Nice!
I can't tell you how many times we have thought that, and then found out we were wrong by the next day. But, maybe this time will be different.
Pretty big increase
Looks like that is a NO :-/