Plandai Biotechnology Inc (PLPL)

[bri123]

I'm not sure how long they have to hold them, but if they want to make money off them, they would have to sell at the bid price, which would make the price stay or go down. Maybe they can sell the shares as a market limit order, but I am not sure about that.

This seems more like an institutional investor anticipating filings or news. Since it happened all at once first thing in the morning, they would have that order in after hours last night, so it gets executed at market open.

Whatever the cause, at least it is moving. I am still in the hole at the moment (averaged at 0.0004), so I need some more movement before I am happy.

[marylandstockguy]

Do you get suspicious when there's massive volume very early, and then it comes to a halt?

That always makes me start wondering what's going on. Do we know when the restricted shares can be sold? What if the company started slowly unloading them into the float? Is that possible? You put out a PR and sell on a bump? I'm thinking their strike price may have been .0001 or even in the quad? I don't know how long they have to hold them. Maybe a certain percentage has vested? Just playing Devil's Advocate for a moment.

[bri123]

1B volume! Awesome.

[Penny2Dime]

Huge!

[bri123]

Keep nibbling on those 3's. Yum.

[marylandstockguy]

That would be big. A tweet is one thing - having the actual numbers is another. That could really get this moving. I think there are still a lot of questions surrounding why these guys need so many dang restricted shares.

[zombywolf]

Fins 9/30 or thereabout. Be nice if everything got merged in before 6/30 to see what we have.

[BrassBalls420]

$$$$$ SHOWTIME!!! $$$$$ -CHEERS!

[marylandstockguy]

I just see the tweet on X that was posted by Rainer here. I guess that's what is driving this - sounds like they have virtually no debt left and are saying they have good revenue. The proof will be in the pudding. I have a couple of questions - where is their latest quarterly report, and last year they submitted their annual report in October - should we expect that this year? Those might tell us a lot.

[bri123]

It is crazy volume! Lets see if people start buying 3s now. I have not seen any actual news from the company so far that would drive this.

[marylandstockguy]

This is shocking volume. I don't ever remember anything like this (possibly in any OTC, much less this one) in 5 minutes. I'm behind but I'm already seeing 770 million. Are you kidding me?

[bri123]

Wooo! Big volume at open today!

[marylandstockguy]

Wow....ok I was wondering why this shocking volume. 650 million in like 2 minutes? WTH??

[Rainer]

$PLPL Investors await confirmation from the new Taiwanese owners, expecting significant revenue from the acquisition. The merger has cleared all debts except for $55,000. New management holds 32.4 billion shares, nearly 80% of the total, supporting a patient investment strategy. pic.twitter.com/1TYy6LeiNQ

— PLPL Shareholder Network (San Global Dining, LTD) (@TeamPLPL) September 4, 2024

[marylandstockguy]

It's like those old "Not Going Anywhere for A While?" Snickers commercials.

[bri123]

News would be great... Any day now...Geez..

[mdotcda13]

What will happen in 14 weeks?

[Jasonh2]

Nope

[zombywolf]

Has anyone been able to buy 1's lately?

[Iwasbornpoor]

See you all in 14 weeks

[bri123]

I was just thinking the same thing! I started thinking about when OTC's started to change, and I think it was around the time when people were getting Covid relief funds they didn't know what to do with. There was that big spike in OTC's in Feb 2021, but since then, cryptos kept going up and up at the expense of OTC volatility.

[zombywolf]

Time to look at crypto instead of the OTC. I am thinking that a reason for the lack of liquidity in the OTC for the past few years is crypto. Money that used to be here went there. There have been no real runners in the OTC in the last few years and there have been plenty there. I am moving assets there in prep for the next bull run in crypto. That run will happen long before you see one in the OTC.

[Iwasbornpoor]

Ty Dr goodness

[bri123]

Ive been looking for more OTC's to add to my watch list. If you know of any good ones with low OS let me know.

[price_and_volume]

Maybe try something like this?

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160136127

You can do it.

GL.

[price_and_volume]

OTCs been working, despite many missing it.

With big boards burning down, lets hope some of that money come back into OTC's

Not saying YOU bri, but ihub's been full of folks complaining about OTC lately.

That's not new fwiw.

I suggest you continue to run those scans, trade them technically: get in, scale-out into the move, and don't be left holding the bag.

Don't ever ever ever believe any "story" or pumper, and ignore "breakout boards".

Just do the work & trade the flow.

Take the money when its offered, maybe leave some for a possible run. Rinse repeat.

GL!

[Iwasbornpoor]

Why would that happen and how is hope any good

[bri123]

With big boards burning down, lets hope some of that money come back into OTC's

[Jasonh2]

I’ve been able to score a lot of .00015 over the past week or so— shows up as Neutral instead of a buy or sell on the chart here on ihub .. E*Trade would not allow me to input .00015, however on several occasions my order was filled at that price.

[zombywolf]

Technically 9/28, but 9/30 is more usual for 6/30 annual reports.

[torontoasian]

When will Q2 be expected?

[zombywolf]

You need sellers at .0001 to get any. Dont think there are many peeps totally throwing in the towel here yet to do that. It only takes a few shares at paint .0001 for it to show up. Doesnt mean you can buy there.

[Iwasbornpoor]

How much will you buy?

[Penny Bandit 115]

.0001 keep popping up. I would love to get some of those but my order is not filling.

[Iwasbornpoor]

Is that evil for 20million shares

[Iwasbornpoor]

How many shares sir?

[DR. EVIL]

You’re a fucking idiot

[Iwasbornpoor]

Research. Can you tell me how many shares will you buy? Explains why you asked the president for 100 billion dollars. To cover your losses

[DR. EVIL]

Why do you care?

[zombywolf]

I don't think there were many if any buys at .0001.

[Iwasbornpoor]

Lmk how many you bought

[varmit]

WOW WHAT A BUYING OPPORTUNITY AT.0001

[phantom1]

I don't think you would dilute here, at this level, when ANY news is likely to get a spike. Better to garner a little interest first. imo

[Iwasbornpoor]

You all know who has half a billion or more shares in this stock. You know who sold their shares. Dont be silly or you will silly yourself

[Iwasbornpoor]

Literal lie since I said it will happen.

[marylandstockguy]

That is one heck of a loss. But that's trading for you, you just never know.

[marylandstockguy]

Wouldn't that be wild? With all those restricted shares too? Sheesh.

[bri123]

Hah! I'm old too. Maybe they are starting to dilute? That is a ton of shares. I can't imagine it is retail dumping that much in one shot.

[torontoasian]

No news yet, so I think someone gave up on a loss.

[marylandstockguy]

How big was the biggest share dump? Could this just be one very impatient big fish?