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Not to many penny stocks can acquire companies like uBid has over the last six months. Obviously they have bankers supporting them through these acquisitions. A cash raise is soon to happen and probably a reverse split prior which is fine. The actual float is very small and those $400M shares or so that are restricted are a bitch to sell on the open market. I heard some of those shares have been held for more than a year and holders are having a very hard time selling those shares because no brokers are excepting transfers from uBids transfer agent. Anyhow, I feel this stock should be trading much higher around $.06 - $.10. The domain name alone is worth $5M-$10M for Restaurant.com and adding in the revenue of $6M-$10M. Just my 2cents.
Maybe instead of pumping the stock they will actually try to execute on their initial business plan and get some results..generally speaking that is what real companies do instead of just pumping and promoting the company as results speaks volume. While promo or aka pump and dumps amount to nothing significant except harm the company's image
It looks like Ryanwoodle has disappeared from this board, as well.
Guess he sold his shares and moved on too.
There's nobody left to pump UBID. What a shame (or is that sham?)
Yup, Pennystocks 2.0 has stopped his incessant pumping activities.
https://investorshub.advfn.com/boards/msgsearch.aspx?searchstr=ubid
Hope he was the one dumping shares today.
Good riddance.
It looks like somebody threw in the towel today.
Pumpers dumping their shares, perhaps?
buy at 0024
Lol....nope but trying to lighten the mood with this turd
UBID management may not be competent, but they are compassionate.
Let's all, at least, tip our hats to these guys for doing something positive for restaurant owners in local communities impacted by Covid-19.
https://finance.yahoo.com/news/ubid-holdings-restaurant-com-launches-143010369.html
https://mobile.restaurant.com/FeedItForward
In the words of John McEnroe; "You cannot be serious !!!".
Huge short position in this stock. As company looks to be quite for a number of reasons and possible mismanagement.
if all is well why no buyers
Apparently, the IR Firm for UBID suffers from the same credibility problem that management does.
They both put out timelines, for things to happen, that never seem to be met.
I completely get it and am sure most people would have taken those necessary steps to keep their brand.
Maybe they can hit a few singles to get this ship back on course.
Kind of suck that they have dropped the ball in a big way here makes you wonder if they will be able to accomplish what they initially set forth.
You have a firm grasp of the obvious.
<<Willing to bet mismanagement>>
When UBID management doesn't even take the necessary steps to trademark/servicemark the company tagline, only to have another company use it unrestricted, it is a testament to how totally inept and incompetent these guys are.
It's Business 101.
I guess someone forgot to enroll in that class. LOL.
Maybe the news is that there is no news coming?
All the pumping but the stock is trading in the toilet. Why are we at half a penny and not ten cents with all this supposed good things happening. Willing to bet mismanagement
UBID...0069...SkyAuction generated revenues of $4,341,000 for the year-ended December 31, 2019, unaudited...https://www.otcmarkets.com/stock/UBID/news/uBid-Holdings-Provides-Update-on-SkyAuction?id=254098 ...
anyone ever bid for products at ubid
Company has real potential and branding however I have concerns on management executing on there business plan effectively.
They could gain the traction they once had as a Nasdaq traded company before they mismanaged everything.
With the right team and execution this could be huge however not likely unless things change significantly
Bids are growing, we know this will be .01 plus easy call here!!
So is Christmas.
Blah, blah, blah........
New updates coming about the acquisition!!
Yup, yup, time to load up here!!
With all the restaurants trying to go to curbside pickup and keep people coming by, this may be a good opportunity for Restaurants.com to boost their business.
Just emailed IR, new website looks good!!
Nice volume today, updates must be close!!!
Combined $25m Assets and Revs, under a penny is laughable.
Don't hold your breath.
Over $25,000,000 Asset/Revenue vs $4,000,000 Market Cap
Great Video by Monster Businessman Kevin Harrington »¡
Filing, $10.6m Purchase Agreement »»https://backend.otcmarkets.com/otcapi/company/financial-report/241923/content
Facts, not pump-monkey fluff.
https://backend.otcmarkets.com/otcapi/company/financial-report/241923/content
Do some DD on Steve Hart, IR. Not pretty
$UBID Huge Filing, NON DILUTIVE ACQUISITION $10.6m REVENUE!!
Great time to acquire Restaurant.com...did you see the previous years sales, 2011 $63,000,000 and the previous CEO has been taken to court for failing stakeholders and ruining the company.
Worst time to get into restaurant anything.. WTF they doing..
https://backend.otcmarkets.com/otcapi/company/financial-report/241923/content
Don’t know much about this ticker, but suffice to say, restaurant gift certificates are worthless for the next 30 days as most are shut down due to the virus.
Could be a nice buy damaged goods at a cheap price play, will see.
My guess is SkyAuctions is sucking wind as well.
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