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$TEUM reversal underway! I love these plays where no iHuber's are paying any attention - She's actually trading like a real stock, rather than 1-tick flippin' it to death! Go TEUM $$$
I don’t understand their chart only 5 days or so .
No prob! Yea Cannabis is tough as the euphoria ended but it'll come back and this time it'll stick I think on the right companies. Def look at Next Green Wave - small but a dynamite company profiting, they will be the envy of many. IMO they are unlike all other Cannabis- they have cornered the premium market and have the best products in the world, literally... and one day the world will catch on :)
As far as TEUM (since this is the TEUM spot please don't kick me out:))) they had it for a while! BIG rev machine, but much they couldn't actually book. They've since still booked good rev in my opinion just can't show their cards and until then its all muddy and no place to put a ton of money unless you like to roll the dice...
Thanks I appreciate it . I want to get onto cannabis but I feel like I missed the early boat. I know it still has tons of room to grow and break out but so many don’t know which is solid play
I'm holding what I have still. Could be a great opportunity if what the company is saying is true, however that's the big IF. Restatements by December? we heard that before.... IMO I would add around .25 or below now for the heck of it, maybe. However there are just too many other good stocks to put money into! I'd take a look at Cannabis for instance if you want something the same price that will return you many multiples on your investment in the years to come. I've been loading Next Green Wave (NXGWF). They are profitable and have great management in place for a bright future. I'd rather put my money there knowing I can't lose.
Bottom line is the market hates uncertainty and unfortunately terrible management has clouded TEUM for years. The delisting drop is just part of the game it's not the end all for TEUM imo, I do think the price will come back. I also think they will eventually come out of this in good shape. The space is competitive but growing enormously and TEUM has a piece of the pie, they are hiring, management is new, they just need to get out from under the nonsense and lawsuits and back in compliance.
When they do and if what new management is saying is true this could be a new TEUM and one day onto explosive growth, all over again. So that's why I'll hold the pile, it is what it is... for now:)
TEUM delisted from the Nasdaq to the OTC:
https://otce.finra.org/otce/dailyList?viewType=Additions
* * $TEUM Video Chart 11-11-2020 * *
Link to Video - click here to watch the technical chart video
Well it was the bad news ! So. Will it get on the OTC or not ? Big gamble if one averages way way down. Sure wish the truth about the books would come out though. Are there any books ? Napkins maybe ? So much for oversight by Nasdaq if so. Might be real bargain time tomorrow if you are willing to throw away money in hope of a rebound as the company uses the delisting from Nasdaq to roll back the float to 1/10 of what is now and then come back. Do they really have cash in the bank ? Is this a real business or just a website ? Dotcom era all over again is so. GLE.
* * $TEUM Video Chart 11-10-2020 * *
Link to Video - click here to watch the technical chart video
Sheesh ... This company has a strong Cash holding though... so I expect it to bounce from these levels
times up
Message in reply to:
Nasdaq Extension news out yesterday. Company is given until Nov 9 to file delinquent documents to Nasdaq. Share bid price must be over $1 by Dec 31. So somehow this management has convinced Nasdaq that they will comply, again. How many is that now ? Makes you wonder if there were ever any books kept. I would hate to be the people trying to sort this out. Like I say, it's a gamble. Red or black ?
.27 on delisting
TEUM
Hey maybe its good news, nobody knows.. Looks like 11/9 has come and gone and it's trading today still on Nasdaq, very interesting.
The company has steadily provided updates for an entire year right up to the day they were due and Nasdaq kept granting them extensions. I'd expect nothing less even though its a day late my guess is expect a PR any moment.
Until then I'm just holding and waiting to get value for these old shares one day, maybe, please? lol
Shake out or Bad news coming as insiders sell ? Back into the fifties now but will it go lower and is it worth averaging down ? Red or Black ?
So, is no news good news ? There was news released on Friday though about accounting company shift on Nov 1. Basically it is saying imo that the accounting in 2017 and 2018 were ok. Nothing mentioned about numbers or impending deadline on Nov 9th. Maybe that comes tomorrow. So does this mean we are ok to go if the company complies with Nasdaq requirements ? Comments ?
Yeah maybe it coincides with the lawsuits, maybe not, maybe the restatements are already done, sounds like they’re not. Lol.. bottomline is NASDAQ is allowing them to trade still in anticipation they will file at some point, this time Nov 9 is the day. We will see. Pareteum is till very much in business, NASDAQ doesn’t just keep granting extensions for the heck of it ;). Well, we will see how it shakes out.
Nasdaq Extension news out yesterday. Company is given until Nov 9 to file delinquent documents to Nasdaq. Share bid price must be over $1 by Dec 31. So somehow this management has convinced Nasdaq that they will comply, again. How many is that now ? Makes you wonder if there were ever any books kept. I would hate to be the people trying to sort this out. Like I say, it's a gamble. Red or black ?
Yes. Pressure downwards but the volume is still not very big. Could be a shake out to scare shares out before news is released. If it caves, I will jump in too. After all this time, I do not believe that bad news hasn't leaked out and caused a huge sell off by now. Insiders and friends will know so want cheap shares imo. Still think a reverse split is coming to lower the float but maybe not if news is good. GLA
I read people saying restatement deadline is today on yahoo finance board but I thought it was end of Oct...? Although I don't pay attention to this stock much I see it is at .66 again, likely downward pressure until something comes out.
Anyway my guess is IF nothing comes out today expect a plunge tomorrow or for a few days. IF something does come out, short covering could move big.
As for me, for now I put all recent gains into my NXGWF pile ;)
I'll wait before I add in .50's or under again here. GL!
Sounds good to me I believe You are correct!!!!
Really ? Low volume so doesn't mean much. Little profit taking I'd say. Looks like a resting area before another walk up to me but this is not advice. Chart looks ok so all we need are buyers and hope that comes with good news..........finally. If not, down we go again. It's a gamble.
Im with you! Have 88k still, every single one free, all gains:)
Christmas spending money then. Great. Hope you have more though because in my opinion this is working its way over a buck. And depending what is really going on, higher. I am holding for a while yet. Might dip again I guess so you can get back in ?
Just flipped my 40k shares from .60 at .85. for another 10k. FREEBIES
my pile is big and all free, gotta love this stock!
Yes.. this should get real interesting again very soon. Oct is the month of restatements apparently. We'll see!
$0.80 again. Gradually being walked up it seems. Needs to be over $1 before the end of October so a penny a day would do that. Be nice if the company would give us some good news to go with this uptick instead of us wondering if the walking aid is going to collapse again. Like the numbers please ?
I bought more today :))
TEUM This is not what we signed up for news is out.
News out. Not great for staying on Nasdaq. Not sure from what I read is if they will even make it to the Oct 30 deadline already agreed by Nasdaq before delisting. Unless they get the bid price consistently over $1 Teum moves to OTC.
I agree. Time to put this stock on the back burner until something shakes out.
There are others that are here, just nothing to say at the moment.
Could be just us two ! Not much to do with with this one until it gets sorted out with Nasdaq. But it does appear that buyers are gathering and shorts are covering. Inside info might be good I guess. Not checked the Yahoo finance info but will take a look.
I have put this on the back burner for now. Might buy more if the tree gets a good shake out but there is still time I think. I don't see much happening until the summer Covid riddled holidays are over. GLTA
and how much rev's are they generating now?
Well hopefully this is some indication that business is doing well...
https://www.pareteum.com/tutela-us-cable-mvnos-find-extraordinary-value-in-wi-fi-offload/
"Of course, we at Pareteum believe that Wi-Fi is one path to the future — for MVNOs, MNOs, IoT, Enterprise, Loyalty, you name it. We maintain the world’s largest aggregated Wi-Fi network, with footprint at high demand locations and venues in more than 200 countries and territories. This includes tens of thousands of hotels, over 5,000 aircraft, nearly 700 airports, and tens of millions of business and leisure venues all over the globe."
Hey! (I think it's just me and you here LOL) have you checked out the yahoo finance board? Some good info there. It seems the sentiment of recent motion to dismiss by TEUM is very positive.
With that we also have a bullish chart and that huge reduction in short interest. Also if you look at others in the sector like APPS and TWLO they are FLYING HIGH.
TEUM will rise!
hey missed this last week was away, but did see there was some decent volume here and gains. Parateum has some big connections and lots of day traders move in with volume and right back out.... but one day this will move and trend higher. Each day is a day closer to restated financials too.
It almost looks like there is a little trend up on the chart last few months, and with short interest dropping I bet that trend will move past a buck soon again.
* * $TEUM Video Chart 07-27-2020 * *
Link to Video - click here to watch the technical chart video
Getting dragged up by Crypto run today. Some kind of connection with it. Hope it keeps going and the news to come is positive. That combination would make this fly.
Yeah at the time I think WTRH was float was sold 62% short when I first discovered it. I jumped all over it when it hit $.24-.40 and there was only about 60 mill in the float then and their bad Q's seemed behind them. Since the rise they have done 2 ATM cash raises to pay down debt and have cash on hand. Now they are stronger then ever before! Their business was solid it was just muddy for a while and shorts took advantage and crushed it to oblivion. But management switched up dropped the losing parts of the co and (with some help from pandemic) went big.
In the same way Pareteum is still in business, but shorts crushed it because of bad leadership i.e. poor accounting accountability etc. It's still muddy, but management is switched up, short interest was pretty high and now it's dropping, NASDAQ granted them extension, they keep adding customers w/details not disclosed... I see this playing out very similar to Waitr.
Thanks for that information. Short sellers are a bit worried then. The share price is sneaking up on very low volume so they don't want to make it run do they.
That WTRH would have been a nice ride ! Does it have a small float ? Be nice if TEUM did the same. It has had huge volume days in the past. I loaded at $0.35 as a gamble but wish I had bought more. If this dips, I will buy more but that looks unlikely. To buy more now or just be satisfied ?
Hey, I think it's really short positions closing out. Short interest is down about 8 million shares in the last month (from 23 to 15 million)
This is a great sign that the bulls will take over soon and this will move big with anticipation of restatement. A lot is about to happen over the next few months. IMO TEUM is alive and well. Holding 120k shares now.
BTW- I saw the same thing happen to WTRH in the .30-.40 area so I bought it up then... Check that chart now, its about $4.00
This is walking up on low volume. Could it be that individuals in the know are buying this up ? Like those who loaned the recent money ? That money did not trade hands without some good prospects so maybe the company is not in such bad shape after all. I think we are in for another run after the summer finishes. Nasdaq will need to be assured that all is well of course but if this is over a buck by then, delisting is unlikely (unless the books are a complete disaster). GLTA
New Dead line.A year past to make 3rd quarters 2019 sheet. I wonder how Long it would take to make a business plan. I don’t get it. In this sensorial I say I’m Out. Like the shark tank show. I will wait for a great price entry not to be high risk.
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