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👀***BNCM...... Selling are Nothing More than Buy at Bid...................
👀***Bid Price/Ask Price
❗️***The Term "Bid" Refers to the Highest Price a Buyer Will Pay to Buy a specified number of shares of a stock at any given time. The Term "Ask" Refers to the Lowest Price at Which a Seller will Sell the Stock.
👀***From Barchart.....
https://www.barchart.com/stocks/quotes/ASII/overview
Delex float worth under $500,000 here, company may be pushing $50,000,000 in sales 😆.
Best days still ahead here.
Intelligent people know that Southeast Asia will be the economic engine of the next decade or so - getting in on the ground floor of a pharmaceutical company in this region is an unheard of opportunity. Don't get taken in by phony pumpers, and put your money where it'll grow.
BNCM remains the best merger play on the OTC, bar none.
Most of the reds you see are in reality buys... every time the buy orders are executed below the asking price or even at the bid they all show up as sell (red) on the tape.
You can try it yourself and verify.
Don't worry, audited financials are coming.
Yeah I bought at .01 and sold mine at .12 too. Now have all my shares back.
Only on iHub. Ask it while you’re at it how many lies you hear on iHub too!
What a hoot!
Just ran their website statement through chatgpt. Still holding but took profits at .07 from .02
1. **Stock Price Surge**: The over 600% increase in BNCM shares following the merger announcement could indicate speculative trading rather than genuine investor confidence. Such dramatic spikes can raise concerns about market manipulation or investor overreaction.
2. **Lack of Financial Transparency**: There is no mention of financial metrics, such as revenue, profit margins, or debt levels for either company, which are crucial for assessing the viability of the merger and overall health of the companies.
3. **New Product Launches**: While the launch of 11 new products sounds promising, it lacks detail on market reception, regulatory approvals, or revenue projections, which are critical for understanding their potential impact.
4. **Dependence on Partnerships**: DELEX’s growth relies heavily on partnerships with manufacturers and healthcare providers. If these partnerships do not yield expected results, it could significantly affect growth projections.
5. **Recent Acquisitions**: The acquisition of JMN Brothers Pharma in 2022 could indicate a strategy of rapid expansion without sufficient integration planning. This might lead to operational challenges and culture clashes.
6. **Reliance on ISO Certification**: While ISO certification is a positive indicator, it does not guarantee ongoing quality or market competitiveness. It's also essential to consider how frequently they update practices to maintain compliance.
7. **Overly Optimistic Projections**: The language used to describe the merger's benefits may seem overly optimistic without supporting data. Claims about enhancing financial stability and growth prospects should be substantiated with clear metrics.
8. **Limited Historical Context**: The brief mention of DELEX's incorporation and rapid development since 2017 raises questions about its long-term track record and stability.
9. **Lack of Specificity in Expansion Plans**: The expansion plans outlined are vague. Details on timelines, specific markets, or targeted product lines would provide better insights into the feasibility of these plans.
10. **Absence of Competitive Analysis**: There’s no discussion of the competitive landscape or how DELEX and BNCM plan to differentiate themselves from existing players in the healthcare market.
Each of these points warrants further investigation to assess the overall risk and potential of the merger.
Same, I even added another 75,000 today, will add another 125,000 tomorrow if they come to me. Stoked!
Management has my full confidence in this case - there haven't been any red flags. Only a matter of time
Q4 (OCT-DEC) will include Q3 financials, name/ticker change, management change and most likely uplisting.
Q3 incoming u mean lol
One 100% day and it’s back to new highs, with this float that’s nothing, these prices will be gone soon enough. Q4 incoming..
Welcome to iHub 😆..
Someone has to be buying those sells
you must be seeing something Im not because it looks like a lot of selling to me
You know it 😉…
Big loading taking place in the last 2 days...love it.
Show us, I’ll wait! Never saw the “first ones”.
What a hoot!
Sorry, I meant to post of tron.
He’s a troll that owns nothing, doesn’t even know what board or ticker he’s posting about 😆. Yet the clown claims to have spent like $50k here.
What a hoot!
You are on the wrong board - your drop from .40 to .14 is your TxRP stock, not BNCM. LOL
if you are holding 1m+ shares of BNCM, then you shouldn't go Bearish...otherwise, there is something wrong with you for holding all that and not being able to see the light at the end of the tunnel.
OTCN on the ask,,, fortunately we know he's got nothing...
Cmon no one lies on ihub
Lmao, that dude owns nothing.
Lmfao. You’re getting in a tizzy over 65k in volume, yet you supposedly bought for the merger? You don’t even own shares anyways 🤡.
great things coming, no doubt... hope we can sustain an uptrend into news.
,40 to .14; Guess it is falling. Unfortunately, one must be willing to near give away.
Yep better sell bc the sky is falling.
The share price has been dropping like snowflakes. Why not wait until all the flakes melt and there is a stream of water to drown oneself in it?
The whole float can be bought here for about $500,000, which is ridiculously insane for a company Delex’s size.
Someone(s) knows where it’s heading in the coming weeks and wants to have as many shares as possible. Not saying it’s folks here at iHub but when this takes off and is hitting new highs daily we will see an influx of posts, tweets, you name it on Delex.
If you own shares hold them, if you can add while they are phucking with I would imo. This will start moving pennies at a time on huge $ volume.
Delex imo will be doing close to $50m in sales, profitable and have a solid balance sheet, I think it will be a $400-$500m valued company. Do the math, this has a long way to go.
Meant to say a large ask block.
What exactly is meant by a "wall?" If it is a Buy or Sell, could the trade, either way, trigger way higher volume and hopefully grow the share price?
The current PRs are being done per the following, an email I got.
“Basically we do the PR to update the new investors and those that are not tech savvy to search online until the Q3 report is out.”
Q4 is going to be huge, we will be no where near these levels as all the things with the merger unfolds. I still see a multiple dollar ticker by years end.
There was a wall of 500,000 shares at .047, but it is gone now.
the Sunday PR placement didn't help much either.
That’s what I’ve been thinking. I’m not sure the news will do it with the smaller players. We need real volume to come in. It shouldn’t take much, but it has to be persistent and steady enough to overcome the small sales.
This float and quality of this acquisition is a great opportunity, but it would help to have more people with deeper pockets who believe in it
One new whale could take us back up and usher in the next leg
It’s gone, low volume frauds at work trying to get shares.
Don't see the wall on L2 at this time. But who knows it could show up again.
sorry to ask - how big is the wall? Isn't it always possible its a algorithm trying to shake shares? That's why I tend to ignore L2...but am curious at the same time :)
It got cleared yesterday it will get clear today again. This is probably the last opportunity to pick up shares at these low levels.
One impatient and/or a manipulative retail is trying to create fear with a large ask wall. I hope someone slaps that ask and cleans it up.
The more I read about DELEX the more I like. The board needs positive momentum so others will find this more attractive.
What's the barrier now to .10?
Unreal idiots or manipulation, let’s put a wall up higher than the average volume and about 5% of the float and see what we can load lower.
Complete frauds in the OTC. Can't make this up. Hope they lose shares again.
Very experienced management team being brought in once all is said and done.
Delex is poised for success.
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