Phoenix Apps, Inc. (PXPP)

[Quintessence]

10-K filed.

https://www.otcmarkets.com/filing/html?id=13308609&guid=N4z3Uq652gyK63h

[MegaDeath]

Good so far. Fingers crossed

[Quintessence]

Heavy volume coming in today. Just maybe...

[MegaDeath]

I agree. We'll see

[MegaDeath]

I am also holding on. May be trying to shake the tree for some cheapies

[Big Brother]

Yes, not quite the cargo ship action I was hoping for, it's still early but not looking too hot....oh well.

[Quintessence]

I am hoping there will still be a run, but volume has really dried up. I haven't given up on it.

[MegaDeath]

Titanic lol

[MegaDeath]

Yeah. Seems like I've seen this movie before

[Big Brother]

Unfortunately, I'm not sure this ones ever gonna set sail. Looks rather disappointing right now, maybe one of those delayed runners??..... but given that it's getting dumped down well below the starting price of .51....that's usually a red flag.

[LowFloatLopes]

Good

[LowFloatLopes]

Lookin goof

[Quintessence]

We're movin' on up!

[Big Brother]

The ideal scenario would be that the recent heavy volume is leading up to a Reverse Merger - rather than a typical (or atypical) promo.

Yeah, could be.....or could even be both...promo and RM.

You see it all the time, but I never really understood the concept of loading and/or running a stock up prior to an RM being made public, doesn't seem very bright on the part of the insiders. What happens if the SEC starts investigating, how do you explain where the mysterious volume came from, it's obvious folks with inside information loading, would that not be illegal insider trading...??

[MegaDeath]

Let's get the boat loaded so we can sail this cargo ship! lol

[Quintessence]

I'm a bit confused about the shell status. The last 10-Q says they sold off their App business, but also says they are NOT a shell company. But OTC Markets has the "Shell Risk" flag on it.

The last 10Q also said: "Our company is currently researching mobile application opportunities", which could indicate the are looking to acquire a different Mobile Apps company.

I think the next Q is due the end of March. Perhaps that will clarify things. The ideal scenario would be that the recent heavy volume is leading up to a Reverse Merger - rather than a typical (or atypical) promo.

[Big Brother]

Yeah, that one was a little different, you had that initial loading....then crickets for a few weeks....then the 2nd loading began...and the rest is history...lol.

This one looks like the more typical pattern that I'm use to seeing on new issue tickers that promo, most of the old APS, SMA, VM, etc, etc back in the day, would start out like this.

Most of the time they run(7 out of 10 times)....but...sometimes, there is so much selling, that they don't let it. Then when the buy's at that initial starting level run out, they just start whacking it down cheaper, and cheaper.

Of course I could be wrong and this isn't a promo, but from my experience, unusual volume to this degree, on a new issue is almost always artificially created. Especially in this case, where there is no real info on what this is even, supposedly the app business was sold off from what I've read....so I guess this is technically a shell...??

[Quintessence]

This situation looks very similar to that of a recent big runner. In that case there were actually 2 loading phases - one about 6 weeks before the run, and a 2nd in the a week before the run started. In between the volume was very low. We just have to wait and see...

[Quintessence]

Sounds reasonable. I've seen that on some others. There were some buys toward the end of the session yesterday, which may be a good sign.

[Quintessence]

You too. We'll see how it goes next week. Maybe my .4s bid will get filled :)

[Big Brother]

Not too concerned about it yet, looks to me like the typical tier 1 type promo setup on a new issue, where you have a few days of a 'loading phase', where the stock trades sideways, but the volume increases exponentially. You got to get some shares into the market first, as a buddy told me years ago, you don't sail a cargo ship, until the boat is loaded.

03/01/2019-- 0.58-- 0.58-- 0.47-- 0.55-- 206,686
02/28/2019-- 0.97-- 0.97-- 0.52-- 0.58-- 182,760
02/27/2019-- 0.54-- 0.57-- 0.51-- 0.53-- 120,500

It's only been 3 days, I'd say if it doesn't start heading North by Day 5 - 7, or worse it starts getting dumped down consistently below the starting price of .51, then it may be time to bail out.

[LowFloatLopes]

Great close! Have an good weekend Q-essence ;) Also, thanks for the 2000 cheap shares bid whackers ;)

[Quintessence]

That one does look intriguing...

[Quintessence]

Yesterday? I see 3 blank messages from you yesterday...

[DrCleopard]

I feel bad for you, so here is the only stock pick i will ever share with you. i am extremely good @ what I do. Now listen this time! Get in VNRR. Chart it , do your own DD if you want. Don't care. You want to make some money, here is your chance.



Now I am the bad guy because you all got trapped. Warned you yesterday, didn't I? So ummmm, I tried to save you and not hurt you. Not my fault if you didn't listen.

[DrCleopard]

Dude, RELAX. I only spoke the truth, correct? The price I predicted and movement of the stock is only what I stated. FACTS>

[DrCleopard]

Sell @ that .46 before it's gone

[DrCleopard]

Patience Lowlow, will wait for .30's to get in

[DrCleopard]

>40's new norm today

[DrCleopard]

institutional dumping followed by merely tiny retail buys...trap!

[LowFloatLopes]

OTCX on the bid

[LowFloatLopes]

Lol did u get ur shares at .51 so u can stop talking shit. No one knows what’s really going on, if u know you would be sharing but it’s clear u want some cheap shares

[MegaDeath]

Now I'm in, move decimal over to .53

[DrCleopard]

95% of trades were sells

[DrCleopard]

Better hope .51 holds

[DrCleopard]

.53 breaking

[LowFloatLopes]

We’ve done the same volume in two hours than we did all yesterday....just getting started my friend

[DrCleopard]

Told you yesterday to dump this one

[Quintessence]

Looking good. Won't take much to get to $1+

[LowFloatLopes]

Bid keeps reloading love it!

[LowFloatLopes]

Bid growing by the minute!

[LowFloatLopes]

We’re gonna blow they yesterday’s volume by lunch time :)

[Quintessence]

Heavy volume again today.

[LowFloatLopes]

Good morning Phoenix

[LowFloatLopes]

Thanks for the heads up btw ...I got a feeling this could be really fun

[Quintessence]

The Bid/Ask have been fluctuating all day. Up to 180K volume now.

[LowFloatLopes]

Lol as he posts that the bid goes up to .58 haha

[DrCleopard]

[DrCleopard]

[DrCleopard]