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Agreed, even before the fall of OTC and the crazy rate increases, easily 95% plus of OTC companies have no choice but to use a toxic lender, even lenders that aren't on the toxic lender list or still toxic when you look at the agreement structure. You already know I've never believed in jim and his dream here, its no different than most ceo dreams and stories of what their going to accomplish. Its talk, play the moves and sell into it. Its that easy. I'm buying hand over fist at this level as the pa has flipped, the selling/dilution in this run is about over, and I expect the next real move is up not lower. Maybe this prints some .0003 and I'll take them, but I think we're getting close. Again, regardless of the story, 8k, tweet, it's all meaningless to me, it's all in the PA!
totally hate to agree with you, but you are 100% correct! Its the name of the game in the OTC!
Truely the Golden Rule of trading! Stick to your original plan that you made going into any trade, trust and have confidence in what made you place the trade, and if it goes wrong, you simply kill the trade and move on. No matter how good you are, how consistent you are you're always going to be wrong 20% to 40% of the time! It only takes once holding a position that you should have sold according to your plan, and then you're a bagholder, trying to convince everyone you didn't make a mistake. GL price!
Looking good here, she's just about ready to start its next move. GL
I doubt this goes no bid from where we just fell from without some bounce back to around .0015 range. I also don't think they're that close to being done diluting either. That doesn't mean it won't or cant bounce back if they lay off the dilution for a bit. Remember, someone is buying all these shares and the majority are not being bought the IHUB folks sorry to say. I'm bidding 3's and 4's expecting a bounce back to that .001 to .0015 in the next few weeks. Happy with 4's would be very happy with 3's, 3's don't hold I exit the play, its that simple. No one knows the bottom that's the risk, but falling straight from .002 a little over a month ago to where we are today with no bounce, puts this in play in a nice risk vs reward for a trade. Again, i'm not an investor in OTC that's a fools game, banking on an OTC ticker, any ticker long, long term is crazy to me when you look at the odds of that GRAND SLAM of all GRAND SLAMs. 95% go by/by within 5 years the other 3% have learned how to dilute and play retail to keep them coming so they last a little longer, 1 to 2% actually make it to another exchange. Use the OTC for what it is, HIGH RISK= HIGH FAST REWARD. If I'm right i'm buying 3's and 4's selling starts at .001 to .00015 will keep 1/3 for a bigger run and a full exit if it drops below .001
These bag holding pumpers here still dreaming of riches when this MS drug makes it to market, fools game! Invest in small caps, mid caps, FANNG, and GOLD, you trade plays in the OTC! GL
Lol, well first I'm not bullish on the company per se, as the PA. I personally think the company, & CEO is crap, always has been and most likely always will be. I also think they have a 99% of failure to come to market with anything. I trade plays not companies, and this company over the past few years has had some very nice runs, and there's a very high % it will again. Not because they are on the cusp on "anything" but because they will need to continue to dilute and being the are a blip away from no bid, they don't have much farther to fall. Yes, there is always the chance of a RS but this ticker imo in the new OTC with everyone having 10 bill A/S and the O/S is nowhere near maxing out. SO I expect we are very close to a move north, that's why this is back on my play list. Seeing if .0004 are gonna hold, its all about risk vs reward. GL
That should tell you everything you need to know right there!
Aqua, Jackoff and Jim, "should be" but won't be. two of those three are just long term bagholders trying to not on convince themselves they didn't make a mistake, but those that followed them here and bought. You cannot fall in love with anything in the otc, it is purely a way to make a huge amount of money quickly, but if you don't know what you're doing you can also lose a ton of $. Especially in the past 3 years of the new otc.
Really, you think if Jim has something important to say that will right the ship, 8k? Haven't you for the past 2 years watched the PA of this stock on every tweet, pr, 8k? 100% of the time has done nothing but allow power up to sell into. I warned all of you when this was north of .01 when I exited near the tops. This goes nowhere until the dilution is finished and whomever is buying these shares is ready for it to make a run. All of you crying about how much money you lost, throw Jim in jail, bla, bla bla. This is the OTC man. Jim isn't going to jail, he's doing what every otc ceo does at some point, which is loot his shareholders to raise $$. Learn to use them before they use you. Stops, stops, stops! If a play doesn't do exactly as you planned it to you kill the trade and move to the next play! Stop blaming anyone but yourself, Jim didn't make you buy his shell! This actually is starting to look like a real play right here. It's coming! Watch!
Stay clear of this scam folks. Told everyone here this was heading for low trips at the beginning of the year, and well! Ignore the 2 pumping fools on here that have been pumping from .02 all the way down. You know who you are!
I'm expecting to see volume come back on the buy side if not tomorrow or Friday, early next week. Bottom i believe is in. GL
lol, scam! They're all scams in the OTC market. All at some point are going to pump an dump while diluting shares on you. You just have to play them before they play you. I'm in this play so low I can afford to play it for a while to see how it goes. At some point they'll slow the dilution some and let it run a bit and i'll exit this play. They're not doing a very good job of bringing in new supply though. They let it run a couple ticks then they start unloading shares.
Lots of potential here, especially with other POT tickers moving. Technicals look good here. Lots of resistance at that .002 range.
I can think of one guy here that said he'll look to add to his shares lower, like a flush lower! (Inside GAPPY) Regardless of what anyone on this board says, from the Perma bulls you know who. Always "just wait" regardless of when you're waiting for 3.5 years for the audit which is right around the corner. Is it right around the corner now?? Well, that's the game in the OTC isn't it. The bears/bashers/trolls are going to give their perspective which isn't wrong by any means. Nils continues to lead this long term bagholders back to the dilution water trough, its what all these CEO's do at OTC companies. Without dilution the vast majority die! Getting funding, hell even Toxic lending isn't easy for the past 3 years. The fact they're getting $$ is a huge +. Short term is sucks for shareholders... Some shareholders. Those that can truly read PA can see what's taking place. Who's right? The Bears? Going on 4 years with no audit, none stop dilution into pr's, same old game right? Bulls/Pumpers, lol the sky is always blue in their world. It's keeps them from ever looking at their trading patterns and learning from their mistakes. Which they never make any, they'll simply holds those bags forever is needed and continue selling rainbows and unicorns on ever ticker they own and pump on IHUB.
In this case I believe the pumper will get a win. Will the inside Gap at .0307 on 04/01/24 get filled?? If it does I believe it will occur on a deep flush intraday trade, and imo doubtful that will take place. From a technical perspective, we are sitting on the 200ma on both the daily and weekly pretty nice support here. I'll be a buyer on anything below .049. The daily PA for over a month makes is crystal clear the company is selling shares, regardless of confirming it on the OTC markets O/S updates. What's also crystal clear is most of this dilution is being sucked up and it's not by retail!!! quailityincolor is correct about that, some want the price to go lower!! I'm one of them! I know what's coming!
The Diluting M's haven't went anywhere. With all the directive trading platforms today, its not only the M's who can play with the Bid & Ask. OTCN has been a dominate market makers diluting shares for countless tickers in the OTC for the past 3 years. Their also moving shares through other M's/ECN as well. Making it look like one is a buyer when essentially, he's a seller. Anyone with a decent size account can manipulate these tickers al l day long. These same trading platforms not only allow you to pick your M/M/ECN they also allow you to hide shares. I simply show i'm selling 10K on the ASK but what i'm not showing is the other 2 million shares. It's part of the game! The dilution will be over at some point, hopefully soon. Until then zero maters with this stock other than the audit. If you believe its coming you should be buying hand over fist! I have been during this whole downward dilution spiral. Remember I'm the guy that was selling millions of shares back last April at $.18 through $.20, tripling that investment in a little over a month. All when Mr. DD was telling me i was a fool for doing so. He's left this platform since. This run I feel will be different, the PA/volume is painting a completely different story. This play could be huge! GLA
PA this whole year has been exactly the same. Anyone surprised that they're diluting into these PR's should find another hobby! It will end at some point. I'm just sitting back waiting for another flush buying opportunity. GL
Like I said, i'm not sure if its gonna fill this time around or not, the 5/30 chart Will R% is ready for a bounce, way is the oversold range, at least short term. GL
I've got more than a few years of technical analysis myself, 28 years. At some point over 95% of gaps fill, full, inside, breakaway, runaway, all gaps. The few that don't fill are usually gaps lower, as the companies go out business and therefore can't ever fill the gap. It doesn't mean this gap will today or soon for that matter, but, yes at some point this gap will fill! I'm one of the few hoping it does, just another great buying opportunity. GL
lol, no need for scraps, i'm loaded well below our current pps. I'm hoping for a flush lower, my orders are in place. Until the dilution ends this goes nowhere fast. Any pr will be sold into then faded lower. At some point the move will be real, at least that's what i'm betting on.
do a little research on gaps, there numerous types, you're speaking about a full gap, which is the one I was talking about NEW traders think is the only gap, especially those using candles. This is a inside gap, regardless of what you think! I could agree with you but then we'd both be wrong! Reach out to a technical broker/trader, they'll tell you the same thing.
Understanding a Stock Gap
Gapping occurs when the price of a security or asset opens well above or below the previous day's close with no trading activity in between. Partial gapping occurs when the opening price is higher or lower than the previous day's close but within the previous day's price range.
Inside gaps are created when Price Opens between the prior Day's High and low. Often these gaps fill quickly on the same day. Inside gaps can be mainly used for quick intraday trades, provided they happen at strong supply & demand zones.
A full gap up occurs when the next day opening price is higher than the high price of the previous day
You might want to look at the daily. On 4/1/24 it closed at .0351 on 4/2/24 it opened at .045 with a low of .043
Before all the chart and technical experts start clamoring that, that isn't is gap, you should learn what a gap really is. Its all based on the previous close and the following days close and it's low. If it's low doesn't hit the previous days low its a GAP! Many new and not so new traders think a gap has to create a void in the intra-day or daily chart it doesn't.
How is anyone surprised by the non-stop dilution? It will run again someday, most likely a year or two later once funding is secured and most definitely after a RS! Thats how the new OTC works there's zero liquidity. Until $$ becomes easy to borrow again at lower rates the OTC is off limits to anyone with who's been watching for the past 2.5 years. All the big boys are playing the real markets, no you ain't making 1000% but your account is growing and you aint getting bagged! This will trade to low low trips, don't listen to the two fool pumper here.
Not sure why there are so many crying here. The PA couldn't be any better right now. This play has ran 400% from lows on 12/8 to its highs last week. Now we see some consolidation and the sky is falling. No, it isn't. If you remember Me and Due Diligence were going back and forth last year as I was selling anything over .18 and I was called a fool for doing so, hmmm, where is he? One of us sold at the highs and other left. I rebought at the lows, my post on 12/8. If by chance this rallies back to $.18 and I think it will on its next move, things are going to get very interesting in deed! GL
Scottish Texan is correct only market makers are able to place buy or sells below .0001 or .00005 ticks. This is when you see a buy or sell at say .00015. For those calling out SCAM alerts I can say that about 99% of any otc ticker at some point in their trading history were scams. What makes a scam?? How about to intentionally put out a pr, tweet even an 8k with the sole intent to sell or dilute shares into it?? You might want to look at the OTC market since 2022. $$ isn't free anymore, instead of a toxic lender borrowing $$ at 4% to 6% and loaning it to a broke ass OTC company for a 20% return, these same toxic lenders have to borrow at 10% to 12% and lend it out at 30%x return. Remember those returns are a premium, that many of them don't ever see until they litigate against the company and in turn are awarded more share to dilute to cover the premiums on said loans. They get their original investment back immediately by selling & shorting the shares they're awarded for those loaned funds.
Someone mentioned its a scam because a ton of shares were bought but the shares showing on the ask didn't change. The most likely reason for this is again M/M only showing a portion of what they are really selling. Even retail can play this game. There's a dozen platforms out there now that you can not only pick your M/M to execute your trade, but also place how many shares you want to show on the bid or ask. Any of you that have been trading even a 1 or 2 have seen 10,000 on the ask, but then see a few million shares hit the ask and the 10K ask is still there. VGLS pa today just shows you that there were more shares there to be sold but were hidden behind other trades. Just part of the game. IMO nothing bad comes from billion shares getting hit above the bid! Most Dilution gets sold into the bid! No place for this to go but sideways or up! SCAM?? Maybe but again I play OTC, i trade them as they are all scams, and my intent is to play them before they play me. GL im long!
Fore sure! Now we're talking! GL
Someone's front-loading you say. Hmmm, if that were the case why would they let it retreat to its original starting point. If someone we actually front-loading as you say with the intent to control the PA as this gains popularity through gains in volume and pps. If this were the case the PA wouldn't play out as it has now would it?
Yes we all believe you did a swing trade, ROTFLMAO! The biggest pumping baggie here! Now your swing trading this dilution turd. Even the the OTC is 5% what it use to be 3 years ago, they're still plays to make, why waste time on one that never stops diluting on its shareholders. In an obvious fashion?
very much loving my entry back on 12/8/23 flush day at .022! We need to see a few follow through days next week. We all know this moves on little volume! Gl
Don't have the pm anymore, but see I'm stilling that trade. gl
Lol, Jim just brought on another hundred or so baggies is all the volume pump was about. This will be right back where it was a week ago next week. Bottom?? Lol sure!
I'm set, anything north of .0013 am averaging up. You know something I never do! It's just the waiting game from here. gl
Lol the fact you still think any of this is a possibility is laughable really. This ticker and company is now more than a typical OTC dilution dumpster fire. Look at its history, his pr's his tweets and the none stop share selling. Som just refuse to see the hard facts, that they've been had. Not to say this shit head ceo won't pump the ticker again but it will never ever come good on any treatment. He lives off these tickers funds, all of them. Where's your pumper buddy JackOFF?
I've been clear this is going to be a winner play, and it's just starting! If you haven't bought better get in line because if I'm right this is gonna be 100% higher real soon! GL
Deep break on the daily Macd! Just when these pumpers thought they may be near a bottom. Not even close!
Nope, dead ticker for now, at least until and if the case ever gets settled. GL
Some did!
Maybe! I'm gonna want to see some follow through. That PA wasn't retail imo, or at least not the majority of it.
I most certainly do! OTC markets are seeing liquidity flows coming back in and with the fed likely to start to cut rates we should see more $$ flow coming back into the more speculative markets.
Yep, OTCN has been the death knell to so many OTC tickers o er the past 3 years. Nothing lasts forever. I like my position here.
Let's see some volume here!