I am visiting MVNT Hq's next friday Oct 6th in Houston so will report what I see
It is a guess but I would hope that they would expand on the joint venture arrangement and hopefully, provide other plans that they are working on. Also, hope that the financials include some revenues from the joint venture contract in addition to an increase in the ongoing operating revenue.
whats your opinion on what it may say in it--thanks
Nothing to shake as everyone is waiting to visit Coco
MMs doing a bit of short covering.
At least that's my reading of the 4 trades that have occurred this morning.
Even if it is, 50K won't make much of a dent in MMs short position. Looking for that push to $.03 with end of the month MM short covering at the end of this week. jmho
Bid keeps rising this morning no one selling.
That 10k sale probably MM shaking tree
New week lets break that .03
I just told Coco to start taking applications…this may get out of control sooner than we expected LOL
Yep just a matter of time!
All I can say is wait and see.
Annual report is due Sept. 28, 2023.
If they file on time, maybe that will be the catalyst that pushes share price over $.03? One can hope anyway.
I agree with odds but there is always a chance to change the odds and keep them going. With Movement 2.0, I think the odds are changing.
Last 3 quarters all filed late. Previous annual filed late also.
So I'd say the odds are NOT good.
49K in ask slaps explains most of the difference.
What r the odds they file on time? Asking for a friend
Imagine if you will they announce a huge contract with Chevron
Have a nice weekend
Take a look at the 5 year chart Volume rocked this ticker in the past and will moving forward
My imagination isn't as vivid as yours. lol
In other words, I can't imagine a 20M share day in the current OTC environment. I'm happy with a couple million per week. As long as the uptrend continues.
Depends what they put out with fins and News
Could easily pop and crush record highs
Imagine if you will a 20 mill share day
And BTW, $.0290 another new 52-week high today!
Face it. MVNT isn't a short-term get rich quick play.
Those who continually beat the drum of quick riches are doing a disservice to those who are content to hold MVNT for the long-term.
As I said earlier today, I DO expect MVNT to challenge the $.03 price level in the near future. Won't be today as some were saying and might not be next week even. But I'm confident it will come soon.
I'm done beating my drum for today.
Everyone have a nice weekend and looking forward to another week of watching the trading of MVNT!
Won’t take much,any buying pressure at all and she upticks
Get rid of the 029's, might go straight to mid 03's.
If there's any pre-weekend buying, probably won't happen until the last hour today.
Unless of course, MVNT releases some "unexpected" news. Otherwise I'm expecting a slow grind to $.03 NEXT WEEK or SOON. Take your choice. lol
It’s only noon
Without some news I doubt it.
But I would be very HAPPY to be proven wrong. lol
She’ll break those threes today
You would think so.
Congrats, you must be one of the top ihub shareholder..
That should be the right thing for company to do (release financials on time) since the change in communication with shareholders..
With 3.5 Million shares you'll be a very happy person about a year from now. Maybe a year and a half.
I'm much more enlightened.
Thanks for taking the time to clarify.
It's nice to be able to understand and follow. With 3.5 million shares, MVNT is growing my steel balls. I hope many of you are as well endowed.
See you all at the tiki bar..!!🍻🥂
Agreed. There has been a limited amount of profit taking. We just need to be patient and let nature take it's course. Would like to see more volume but it is what it is.
I still believe in time this will be a $ stock. If they achieve 100M in revs and get a 5X we're at a 500M MC. This is very doable
The first set of numbers is the short sales for the day. The sceond set is is the total volume. On high volume flipper tickers 50 to 55 % is the normal due to folks buying one day and selling the next before their shares clear. Anything sold before T+3 is technically a short sale. But on tickers like movement where there is virtually no flipping the SS volume should be no more than 10-15%. The MM's are in a hole here with a short position. Do they care? Not at all. OTC MM's did $1.5 Billion in trades today. If they lose a couple of million here they'll just go steal it somewhere else on a downtrend. No big deal for them.
Movements accumulation/ distribution is off the chain high.
When they get in a hole like this they will actually start pushing the stock to create volume and then pick a top and start shorting again so they can cover on the retrace. Them shorting this right now is actually an opportunity to buy shares that aren't actually for sale. I bought more today.
Hope that helps.
Think the difference today (~60K) could be a small amount of retail selling.
There were 2 trades today at the bid for 60K shares in total (60556 shares to be exact).
You can learn a lot from Adjusted follow him.
Excuse my inexperience. Can you explain what these numbers mean.
I've learned a lot from this board, but I'd like to keep learning and understanding.Thanks in advance..!!
Movement Industries Corp.
OTC PINK: MVNT
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