Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just means the stock was over price above a dime. I expect the ask to begin to come down. Yes some real news is needed...
Yeah, LOL last trade for 400 shares for a whopping $28.80 if no commission.
Just need news. Come on management EGYF/Sensortecnics needs some additive substance. At least the 'shell risk' label removed would provide a truer market than the current 'unsolicited orders only' status.
I can wait, however would be much more fun to get going pronto. Still long and strong.
bidding war going on now. The bid is way too low...
The bid keeps creeping up....Narrowing that gap between B/A
Easy to wash trade and put the PPS anywhere on a very thinly traded stock. Can make a chart say anything, Problem is without real volume, selling becomes an issue.
Interesting first 50minutes today. High .165 and buys .12, .13 and .136. Then the 100share stuff. Currently .1475. Now 46,000 shares purchased.
Again pushing up of price from buying even though low volume.
Now 1hour in and 94,000 shares traded with price now .15.
48,667 shares purchased at .15 now. Very interesting trading.
any green is good for now...Bid over a dime is encouraging of the direction. Money starting to flow back into the OTCBB... Fingers crossed for a continuation
3 trades all day long...
Closed at .135. .12 starting to look more solid, however low volume.
I expect to see this type of trading to continue until news starts to flow. Just my WAG.
bid creeping up...need to get that to 11 cents to spur on more buying...
Did this do a RS or 0.001 - 0.51 organically?
some ask love going on...but the bid is still in the chitter
Buyers keep nibbling anything they can get. Will be great when we get 'shell risk' removed and the MM unsolicited trade requirement with it. Taking longer than imagined, but IMO will be worth the wait. We shall see.
Gotta be in it to win it. Not for the faint of heart or inexperienced here. Need to dig deep on the DD.
Green Trades.
As long as folks don't continue to post blue smoke over and over I agree it is all fair game. The price is in the chitter and some basic things are not getting done. Folks wanting to see progress is not being negative and it should not antagonize anyone. The SBIR submittal is a good positive step...Hope they get funded.
TFN
Be back next week, but just took a quick look from my phone to catch up.
Post away. That is what discussions boards are far as long as civil and based on something worth discussing and IMO without beating a drum over and over.
Hopefully, I would want readers to increase the depth of their DD and be informed enough to draw their own conclusions on whether EGYF is a good fit for them.
Green Wishes to you and all.
Can anyone post up trading volumes for May if they have them.
Thank you
All I said is Patience is the key. I have 15 plays all touted to have a merger coming for months. Are they all stretching the truth, hopefully no. Are they hung up by the OTC? Well with hundreds of companies submitting apps for the mergers, perhaps they are in over their heads... Thank you SEC! Their rule changes that supposedly was put in place to protect the Joe Etraders only opened up a whole new avenue for the OTC crooks.
All my educated opinion..
I'll try to keep your name from my posts in the future.
My post had nothing to do with patience. It is a factual observation and the market pretty much agrees with m that is why this continues into the chitter. eh, backtoreality. No about of excuses can change that fact. Also because I post the truth as I see it does not mean I am negative of have given up on my investment. Truth simply matters to me
Just a heads up. I will be on a trip for next 10 days. Posting will be from a phone, if I do post. Likely very sparse. Absence does not mean I am drifting away or becoming negative toward EGYF. It will just mean I am busy having fun.
May the future here be Bright Green.
Yes, disappointed these agencies EGYF is working with are not geared for efficiency. That said, it seems both paths are still open and it appears to be a matter of continuing to respond to requests for additional supporting information until they are satisfied.
As an optimist I remain optimistic that eventually FINRA and OTCM will be satisfied.
FINRA is for the name and symbol change and OTCM is handling the 'shell risk' removal. Is that tomorrow, next week, next month? Cannot answer that as it is not totally within EGYF's control.
IMO, the potential of the IP products is worth waiting for. Others may have differing opinions and that is their right.
I continue to be long and holding.
Best wishes for Green Trades to all.
Yes, I did see that.
Yep, when one does their dd in these OTC's patience is most often required. This is barely coming up on 1 year vs years 8-10. Taking longer than I thought for EGYF to rid itself of the shell warts, but I believe we are very close now. The need for MZ to validate and correct so many previous years of shell history after he acquired EGYF was a bit of a surprise to me. However I am happy to be here. I will do some trading around my core but still looking for this to be a long horizon winner as well.
I am always looking for disruptive and innovative technologies and the IP potential here fits my style. Ground floor brings lower prices, but more patience and usually more issues to work through.
Green Trades to you and all here.
I don't consider this off topic due the fact that after our ole buddy flopped I followed you here. It's been a rough road not being a trader. But I do believe the OTC has many situations to deal with. Patience is key , eh Mr Nebula
BTW did you happen to notice our Ole buddy closed higher than the high of the day. Looks like a news trend is beginning.
This is what is currently in the hands of OTCMarkets to which the company is waiting. Pay particular attention to the section entitled "Termination of shell status" as you read the 'whole' document.
Interesting how some pick and choose info they post. This can lead to erroneous conclusions. I encourage those invested in EGYF or considering investing to read ALL the available public information in order to have a more accurate understanding than just what is posted on message boards. Do your own Due Diligence. Verify and validate.
https://www.otcmarkets.com/otcapi/company/financial-report/336486/content
Best Wishes to All.
Food for thought
For the “Shell Risk” thing, right in their quarterly report, they say “Business Operations - NONE.” That’s a shell no matter what. And when they show “Revenue” on their cashflow sheet with no product to sell, and especially when that “Revenue” is shown as “Accounts Receivable” on the balance sheet (ie - it isn’t real income), it is very clear they’re trying to build a story. OTC Markets should see right through that crap.
Agreed there is a defined process for each. That said, there is not a defined time frame for agencies to give final approval. All that can be done is to apply, answer questions and wait until the next set of questions come or the final approval is received.
Could be much more difficult process IMO, when there has been a previous name change years ago and the old record history needs to be verified. It can become tedious and time consuming.
The IRS has defined processes. Yet, it can sometimes take years to clear up something and they will still lien property, levy additional penalties and interest or attach bank accounts and then go oops everything is ok and as you said.
Personally, I will reserve judgement, even though I am also frustrated with how long this is taking.
PS: it is also why I don't invest more in lotto plays than I am willing to walk away from if the worst case scenario plays out. So far, I am in it to win it still.
The name and symbol change is a defined process. Either they have all the requisite information needed for the change or they don't. Anything the company says about the delay is an excuse. I think the same goes for the OTCM issue. No excuses.
The Regs change certainly made a difference IMO. Given the content statements made on their Twitter IR site there are two holdups. FINRA for the name and symbol change and OTCM for complete removal of shell risk label.
Frustrating for all for sure. A little comfort for now is that there are buyers trying every price point possible and continuing to gather shares. There has been no obvious rush to the exits. TIK TOK. Every hour, day is one closer to resolution of the two factors above holding up news flow.
All IMO only.
Here is what last 6months of money flow looks like.
Such is the game we have chosen
That's an understatement
These potential merger plays have drained my portfolio. I believe the SEC created this BS with there new Regs... That were put in place to protect the little guy. Yeah right!
something is amiss behind the scenes
Don't forget Monday is a market holiday. (Today is weird for markets because is triple witching options expiration day) That means, if no information updates get posted in next hour and a half then next opportunities at OTCM and FINRA are not until Tuesday or later next week.
Have a great weekend everyone.
Green Wishes in all your trading.
Here is one persons opinion. Mine. I think many are currently so absorbed with price and fear emotion response they may have stopped looking under the hood. Very interesting to me how a look at the money picture since the first of the year shows something very different than just price.
Seems that it is strong hands that continue sweeping up whatever cheap shares become available. Kind of a contrarian statement being made to price followers.
All JIMO.
Wish Everyone a Green Future here.
Followers
|
153
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
7868
|
Created
|
10/16/05
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |