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Who bought only 10 shares today? And today total volume 10 shares. Crazy!
And the subtle pump continues.
L4BC stated "...as you watch the share price climb and you are too afraid to add.
Here's a term I hope y'all are familiar with. I used to teach it to my wealth clients over 30 years ago so it's not new. DCA (dollar cost averaging). If you see an equity you like, assign an amount you are comfortable with and buy that dollar amount at the same frequency (every week or month) from now until a defined date in the future... as you wish. This will buy more shares sometimes and sometimes less as it's the dollars that are constant. It takes out the FOMO and emotion and as long as you are disciplined... you will have growing exposure to that equity without trying to time the market.
Look closely how he speaks about being "too afraid to add as the price climbs" here and then follows up with his brilliant advice about dollar cost averaging (dca) and how it
"removes FOMO and emotion. "
DCA works for someone who is hands off and doesnt actively manage their portfolio - and if the money is invested in an index fund or large cap growth stock, where the trend is usually up.
Charting, DCA and many other tools don't apply or work well with thinly traded, illiquid stocks, penny stocks etc. Yet he selectively places that advice after stating that people will be afraid to add as they see the price climb here.
So essentially, he wants you to be buying, and driving the price up, blindly following his brilliant and caring advice, while he is secretly selling and unloading his position, which has been underwater for 13 years!
Exposed!!
You make the call?
Not a lot of volume yet, but something tells me there will be soon.
To bad you didn’t buy sub penny you could of tripled your money already
Oh well you will get the next one
Realize there is not a huge amount of volume but my gut tells me there is a lot going on with wddd
Hopefully is will all come to fruition soon
Good luck
It's up 500% in just the past two weeks. Can't deny that!
Will WDDD, like the fabled Phoenix, rise from the ashes and fly again? Come on Thom, you can do it!
Don't feel bad. It's easy to get caught up in the camaraderie and FOMO with stocks.
It happens to everyone at some point. Everyone here has lost $$ with a stock along the way. It's part of the game.
Hopefully, something positive happens here soon, which will allow you to dig out of the hole you got into. It seems like there may be an opportunity to turn this around.
Just don't make the same mistake twice. If you learned from it and become a better trader and/or investor, then it was a worthwhile experience.
Good luck!
Just got back today from a four-week extended vacation. I looked at the WDDD board and saw we had around 150 new post. After reading them all I share the newfound excitement. I'm still holding shares which I had mentally written off as basically worthless so it's wonderful to see that WDDD may still have life. Best of luck to us all!
I am not sure this is good time to average down on my position? I try to add more but not many shares available to buy, people keep it so tightly, and hope turn around, if they release shares early, it only lost. Same as my situations.
13 years ago, when I started to buy WDDD, bought from maximum high then low... and some good news at that time I added more and more ... and listened to many people on this board: "We will win", until lawsuit failed. If I sold all share early, I totally lost( from my .50 become .01). I am very patient! Hope it turns around.
It's been quite a dry spell with real news. I think any positive news about a merger and a pathway forward, makes this run.
I know you’ve been here as long as me. I would have thought you would have less of an average cost. What’s going on now is an unexpected surprise. I hope we get to .50 for you. JMHO
The Old Owl
Thanks, I’m becoming a believer! I’m hoping more for a friend I got into Worlds. It would be a nice surprise after all these years. JMhO
The Old Owl
Thanks, I’m becoming a believer! I’m hoping more for a friend I got into Worlds. It would be a nice surprise after all these years. JMhO
The Old Owl
You have been playing the long game and have been patient, quietly picking up shares on the cheap. The rewards are coming soon!
Working in the field and having critical thinking skills have worked in your favor here.
It's just a matter of time now. Should be interesting once news starts to hit.
Patience - you should have been selling at. 50, not buying! Where did you get that advice? Only L4BC buys when its that high and ready to drop back down.
With an alias of Patience, I would expect you to be patient and disciplined, wait for the pop and drop, then pick up the shares.
Hopefully, you will make your money back and make some profits as well.
Good luck!
My average is .50. Terrible! Still long time to cover the lost, except the really BIG and GREAT news. Hate Casper! She is trouble maker.
I have been more than 13 years. CRY!!!😂
The "political" decision was an unfortunate turn of events here.
However, when it was discussed here that a political decision was likely in the works, you, L4BC and quite a few others ignored that advice and clamored to have people removed from the board, for presenting a false narrative, which in reality was a different, and unpopular perspective (which turned out to be correct) from those who had tunnel vision here on the board.
So there was an opportunity to de-risk here, for those who were paying attention, rather than mocking the author of that eventual outcome.
Sadly, an expensive lesson for some, who declined to hear both sides of the story and make informed decisions.
At this point, for those who kept their shares and hung on or even bought sub-penny, it seems like there will be an opportunity here to recoup those losses, in the near future.
Good luck to you.
I would wish L4BC good luck as well, but he doesn't need luck, since he's the smartest guy in the room. Just ask him!
Believe there is a lot of interesting deals coming with wddd would not be a seller maybe a buyer based on the announcements in the future
but going to be patient but will add if the news is strong
At .20 I think you have a very good chance to make money here Owl. Rooting for us all...even LB4
My average was .04 before the reverse split which made my average .20. I made approximately 100-200 buys over the years before that fatal decision by Casper. She killed us on what I still think was a political decision. So basically after 13+ years, my average is still around .20. JMHO
The Old Owl
Those who got in real early may have gotten shares in .12 range. As WDDD chalked up wins at the Markman hearing and others, the prices elevated to about .30. And then there were some who bought at .70, "because they could", but shall remain nameless for today!
So a lot of folks are sitting here today, somewhere between .12-.30 range, and probably many are closer to .30. Those who bought the dips, like yourself, have a much better entry point.
Good luck! I think we will make some $$ here.
Good assessment, Dave. It will take balls of brass for many of the originals to not panic. It would be interesting to know the average SP for these 13+ year veterans. I am a relative newbie with a .07 average after buying the dips. WDDD is more like fun money for me, so I am willing to see where it can go. GLTA
It seems very possible. However, at the first sign of news, many who have been stuck here for 13 years, will scramble toward the door, balancing out some of the spike upward.
After those folks sell, the second round of news will likely drive it significantly higher.
Good luck!
Thank you for the informative response. No doubt, the loss carry forward has value. I just dont see a direct correlation to .80. In my opinion, the terms of a merger will affect that value.
Guessing That should come soon with the first wave of news
Positive volume would be helpful
A guess would be the spread will tighten and the stock offered at .04 will be purchased shortly and soon to be .05
Would like to see some news soon
At December 31, 2023, the Company had federal and state net operating loss carry forwards of approximately $45,000,000 that expire in various years through the year 2042.
Due to net operating loss carry forwards and operating losses, there is no provision for current federal or state income taxes for the years ended December 31, 2023 and 2022.
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amount used for federal and state income tax purposes.
The Company’s deferred tax asset at December 31, 2023 consists of net operating loss carry forwards calculated using federal and state effective tax rates equating to approximately $17,235,609 less a valuation allowance in the amount of approximately $17,235,609. Because of the Company’s lack of earnings history, the deferred tax asset has been fully offset by a valuation allowance. The valuation allowance increased by approximately $198,580 for the year ended December 31, 2022. The Company had net income in 2023
Pag 29-30
https://www.otcmarkets.com/filing/html?id=17450575&guid=PdQ-kFbqYL7fJth
I actually was one of the ones that got in by accident back in the "Covid Kiosk" debacle. Been in and suffering ever since. Stubbornly averaging down to .07 as we speak. Getting a bit excited now!
Smart to get in and build the position now, before it spikes.
Good luck!
All of that sounds encouraging.
From what I have seen, Thom seems like the type of guy that maybe doesn't retire. Some just are immersed in their work and go out with their boots on.
The $45 million as a tax asset, is a tax loss? It has value but I'm not quite sure that it equates directly to .80 share, because we are clearly not at that yet.
But hopefully it gets there.
Good luck.
That was me again on the ask! I would do more, but I hate to pay a commission on a partial so I go AON. One other time, I actually got 3 shares at .01 and had to pay $6.50 for the pleasure lol.
$WDDD has an EXCELLENT structure, Outstanding Shares
57,112,506 and at most can issue Authorized Shares
250,000,000, undiluted for many months... this is a great achievement of the current CEOS,
WDDD has tax assets of 45 million... that represents $0.80 per share
WDDD has been THOM's company, it is assumed that at his age he wants to retire to be with his family
WDDD is ready for a merger, I think that during the next few months we are going to have fun!!!
LET'S GO WDDD
Yes, $5.00 was a very reasonable prediction. Unfortunately, the lawsuit fell short.
However, to Thom's credit, he did not give up, despite many critcisms here on the board, from long time share holders.
It appears that he has been working behind the scenes and has a chance to turn this around.
Hopefully, he can accomplish that endeavor.
My thoughts are, we will hear something soon, about a merger and a new direction for the company.
If Thom spins this into a success, the old owl will be dancing in the streets and Thom will be his new best friend. As for L4BC, he will be able to buy a new camper to continue the traveling road show.
Good luck to you.
Before the lawsuit failed, I predicted 5.00 ( not greedy) , but many people predicted up to 20.00. However we are all failed. 😊😂
I don't think he will say anything at this point, until a deal is reached and there is actual news.
It will be interesting to see how it works out, as there have been quite a few predictions.
Need Data Stream(Thom) to update asap.
Slowly creeping up. Almost at 52 week high, with very low volume.
News will create volume and push this higher, quickly.
Hope everyone placed their bets!
Maybe he plans to do more drinking and vaping to celebrate, if he turns WDDD around?
Probably no connection, but Thom's other debacle, RNLB (.0021), just bought out Vapor Shark, a B2B company in the Vape/Booze business. I don't see any impact here but interesting nonetheless.
Wow ! that makes WDDD $20,000 better off.
DEA recategorizes cannabis to schedule III - MRMD jumps 20% today.
Haha... That's true, I always said so.
You state: "What we are about to experience here has been in the making for many years."
WDDD was involved in years long litigation to monetize and enforce their parents. When the lawsuit was lost, that ended the direction the company was headed.
Due to the loss in court, the company is headed in a new direction - not something that has been in the making for many years.
You speak of compassion, etiquette and helping those around you. However, this is what you really think of an average investor, by your own words. Clearly, you believe you are always the smartest guy in the room, and you will laugh at the small investors who try to make a small profit, mitigate losses or break even, after 13 years of dead money or losses.
"I personally will get a chuckle when the small fry start to sell too soon as they don't understand Crypto markets and how we are now set up to run with them AND how that is a massive game changer on what the REAL potential here is... I tried to inform and prepare y'all but then so many were sure they were smarter than me.... Go for it."
That statement, as many of your statements are designed to do, looks to pump this and keep bag holders corraled, while you likely exit, if the price ramps up.
You seem quick to ridicule the experience and/or success of other traders and investors here, calling them random broke traders. There are a number of wise, experienced, and very successful people here, with a lot to offer.
But any opinions that don't match your own, are met with hostility, rage, derision and offensive language.
You also seem to criticize the terms of service here, except when you break the rules, pumping other stocks, attacking other posters i.e. who preface a statement with "in my opinion", or use profanity.
Many of your posts start with paragraphs about your world travels, and how wealthy, smart and successful you. You really have a high opinion of yourself. Most folks leave those opinions for others to formulate. There are a number of successful and wealthy people here.
By virtue of your own posts you are probably almost 60 years old, working, traveling around in a camper (carnival barker and traveling circus come to mind) and have taught people about finance. So on your two weeks off each year, you take a vacation. I have always been skeptical about taking financial and/or retirement advice from older guys who still haven't achieved a level of wealth (yet brag about it constantly), where they can retire. Some of us achieved that level of wealth much sooner in life, and retired in their 40s. So my vacations, travel around the world, aren't limited to two weeks, as it's a fifty-two week program of enjoyment, success, fine dining etc. I won the race a long time ago, and now am just taking victory laps. But I don't have the need to come on here and talk about that.
"I measure success in my financial wins not what random broke OTC traders think of me with their lack of Financial experience and knowledge,"
So by your own metrics, you would be considered a loser, at least here, since you have consistently lost money for 13+ years with this stock.
I hear the music playing, time to send in the clowns
.
Those are some lofty valuations. Not saying it is impossible, but in my opinion, a 10/1 split or something along those lines would be necessary to achieve valuations in that range.
In any case, I do believe there are positive developments on the horizon. We will have to wait and see.
Live long and prosper as best You can.
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Worlds Inc HistoryFounded in 1994, Worlds Inc. invented and patented technology to solve problems associated with large-scale 3D multi-user environments, known as virtual worlds. Worlds secured an early priority date by filing a provisional application with the USPTO in Nov, 1995. Within a year, Worlds filed a non-provisional patent application, claiming the priority date of their 1995 provisional application. Worlds has pursued additional claims associated with their invention through a series of continuing patent applications, amassing a substantial patent portfolio:
On Mar 30, 2012, Worlds filed a patent infringement lawsuit against Activision. Worlds’ lawsuit seeks monetary damages as well as a permanent injunction barring the manufacture and sale of infringing devices. Additionally, the complaint accuses Activision of willfully infringing and seeks an award of exemplary damages, attorneys' fees, and related court costs. RepresentationSusman Godfrey is representing Worlds, without fee, unless the lawsuit is successful or is favorably settled out of court. Susman Godfrey is considered the top litigation boutique in the country.
Paltalk v. Microsoft Mass Engineered Design v. Ergotron & Dell, et al Sky Technologies v. Oracle Sky Technologies v. IBM November 30, 2016 IPR PTAB Validation on Worlds Patent 8145998 Claims 2,3,7,8, 11-18 https://www.scribd.com/document/356626284/IPR-8145998-7493558-718690-Worlds-Inc IPR PTAB Validation on Worlds Patent 7493558 Claims 5, 7 https://www.scribd.com/document/356626282/IPR-7181690-Worlds-2-of-3 IPR PTAB Validation on Worlds Patent 7181690 Claims 4, 8, 13, 16 https://www.scribd.com/document/356626285/IPR-7493558-Worlds-3-of-3 December 5th 2016: | |||||||||||||||||||||||||||||||||||
3-24-22 WORLDS INC | |||||||||||||||||||||||||||||||||||
NEW DIRECTION | |||||||||||||||||||||||||||||||||||
With a legacy as the creator of the first celebrity 3D virtual worlds and intellectual property for multi-server technology for 3D applications that are the foundation of many massively multiplayer online role-playing games (MMORPGs), Worlds is now developing the technologies that will power tomorrow’s immersive worlds and applications. By strategically leveraging NFTs and cryptocurrency to monetize digital assets, as well as interweaving cryptocurrency and NFTs with new virtual reality (VR) and AR technologies in innovative ways, Worlds is reshaping and further enhancing areas as diverse as entertainment, business, education, sports, fine art collecting, shopping and many other aspects of our lives. For additional information about Worlds, Inc., please visit: www.Worlds.com | |||||||||||||||||||||||||||||||||||
TWITTER: https://twitter.com/WorldsInc?s=20&t=l46zAf6pYD8uEcm06yp7ZA | |||||||||||||||||||||||||||||||||||
https://www.otcmarkets.com/stock/WDDD/news/Worlds-Inc-Leveraging-Legacy-in-Virtual-Reality--Gaming-to-Develop-Technologies-to-Power-Tomorrows-Metaverses?id=349296 | |||||||||||||||||||||||||||||||||||
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