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Patt - I agree with you, but I definitely understand the frustration as well. I can't speak for anyone else, but my frustration isn't coming from how long it's taking them, it's coming from the following:
1. Hyping this several months ago, leading Shareholders to believe that QB was right around the corner. Then after shareholders and the market didn't bite on the fluff-dates from "Steve/PR Guy" or from PWDY themselves, they followed up with another update that suggested 6 months. IMO, it all began with Steve's BS post about "the most significant news yet," which led everyone to think something tangible was coming. Then when the "biggest news yet" hits and people saw that it was just fluff (Co's sign NDA's all the time. Their not significant until something comes from them.
2. The typcial pinky "Fluff-dates" on X. There is no reason to post the fluff that they've been posting. They forget that we're in pinks and most people are all too familiar with stinky-pinkies, so when we see fluff, it's always a red flag. Not because of PWDY, but because it's the way of the world as far as the OTC pinks go. They should just shut up until they have something real to 8K. Any time they post another fluff-date, it will just obliterate our pps further.
Please know that I say the above with all due respect. I am fully aware of waiting on M/A's and/or how they always take longer than expected, always encounter unforeseen obstacles, etc.... My only problem and/or the source of my frustration is they way they went about all of this beginning with the hype several months back. I'm just disappointed that they took that route (typical pinky route).
Anyway, still hoping/praying they pull a rabbit out of their hat sooner vs later.
$PWDY
This is getting ridiculous. We’ve lost all interest here and now seem to be in the all too familiar pinky-pattern of destruction.
PWDY and Steve (PR guy) should’ve never misled us with hyped up fluff. Now PWDY also seems to have fallen into the typical “fluff-date” pattern of posting about what “could be” and/or “stay tuned for more fluff,” but not delivering any actual 8K’s on tangible achievements.
Like I said last week, I am deep in the red now and stuck holding as we self destruct. My confidence in seeing QB anytime in the near future has been severely diminished, as we have now dropped 80% since our recent high of 0.006 and will keep losing more unless PWDY delivers us something that is not BS fluff.
Very disappointed here and mgmt is not giving me any comfort. Our pps, MC, and daily volume are all a complete joke. At this point, I’m left to hoping/praying for a miracle. Thx PWDY!
$PWDY
Yeah, it's been gravitating that way. That said, as we "gravitate" down, our RSI drops at about 1/6 of the pace that our RSI moves up on green days, which allows a deeper drop before moving into oversold. However, we're right at that "oversold" borderline and historically when we're here, we see a couple of green days that miraculously drives the RSI up 20-30 points, providing plenty of "cushion" for the next push down.
With no interest and next to nothing in volume, controlling the chart/RSI is very very very easy for anyone with a deep stash of shares and/or for any MM.
We'll see what happens. I'm hoping/praying that PWDY pulls a rabbit out of their hat and drops us an 8k to stop the bleeding. Whether that happens is anyones guess....
Have a great weekend. I'll check back on Monday, unless we see some kind action EOD today...
$PWDY
We'll see what happens next week. Too hard to tell right now if they can drive us down there as is, or if they need to hit us with a couple of tiny-green-days first to magically jump the RSI back above 40-50 before the next push down.
The way I see it is that our only hope is if PWDY actually drops a true & significant 8K in the immediate future. If they post just one more single "fluff-date," I believe the impact will be overwhelming. Shareholders, the few of us there are, have had enough fluff for a lifetime. It's time to deliver and/or follow through on what they led us to believe was coming. But, then again, that's just my opinion.... Time will tell....
$PWDY
Wow. What a Friday! Roughly 1 full hour into the day and not a single trade on PWDY. Like I've been saying, they desperately need to 8K a tangible achievement and stop already with the "fluff-dates." Unfortunately this obliteration of our pps over the past few months is 100% self-inflicted by PWDY and their PR guy (Steve).
This is what happens when hype up fluff and mislead people. Having only 4 MM's facilitating trades on L2 was bad enough, but now we've become one of those tickers that just "sits there," with no interest or trades.
C'mon PWDY! Let's go! Give us something other than fluff and get the ball rolling before it's too late!
$PWDY
I will say that this is becoming quite disappointing. PWDY was really hyping everyone up a few months back, regarding the move to QB / $0.01, but have since delivered nothing as our pps continues to be obliterated. We are now down 78%+ since our recent high of 0.006, but some how our incredibly magical RSI is at 33.x and remains above oversold. What a magical miracle.
Next week we'll likely see a couple of very tiny green days that "MAGICALLY" drive the RSI back up to 45-60, in preparation for the next push down.
Wash + Rinse + Repeat. The OTC Chart-Control is ridiculous and getting very old. Seems to happen with every OTC ticker. Given PWDY's status of SEC Reporting, cash positive, etc..., I genuinely believed this one could be different, but I'd be lying if I didn't say that I am beyond disappointed with where we are.
Before anyone jumps in and calls me a basher, etc..., please understand that my disappointment comes from how both PWDY & Steve (IR Guy) hyped everything several months back, leading us to believe that the pot of gold was right around the corner. Followed shortly after by PWDY's "correction" update that stated "over the next 6 months....," which was the start of this never-ending fall. Maybe I'm wrong, but had PWDY/Steve not hyped everything the way they did, I don't believe we would've seen this level of decline. I say this because we saw a massive sell-off immediately following PWDY's so-called update of "Over the next 6 months..."
Anyway, nothing to do at this point but hold or sell, and seeing as how I'm deep in red now, I guess I'm holding.
C'mon PWDY!!! For the love of God deliver something tangible! One single tangible achievement will do, just one!!!
Have a great rest of the week and weekend everyone. Here's to hoping for something different!
$PWDY
I STRONGLY disagree that this is a turd, but I do agree about this update being more fluff. I thought, or at least after 30+ days of silence was hoping, that they were done with dropping bs fluffdates.
Posting this update today served no purpose whatsoever, as reflected by the continued lack of volume. I truly cannot for the life of me understand why it’s so hard for them to just stay silent when there’s nothing to say.
Anyway, until they actually drop an 8K with something BIG/Tangible, we’ll continue to linger in laughable-land and slowly drift lower.
Still hoping for something before it’s too late and/or before somebody else steps up to steal the thunder that could’ve been…
C’mon $PWDY! Deliver a single tangible achievement for us! Just one! PLEASE!
$PWDY
Just now seeing this reply, so I'll take a moment and attempt to clarify for you.
First, you are correct that PWDY did provide a SH letter. However, prior to doing so, they led us all to believe that $0.01 was literally right around the corner. This is what I am referring to.
Second, I have never stated that we are in a quiet period, only that we may be; and that they have been quiet for exactly 30 days now, today being 31. The reason I bring this up is because prior to the past 30-31 days, PWDY had a very, very hard time staying quiet. Both PWDY and Steve (PR guy) were dropping things that they didn't need to. Because of their difficulty remaining quiet back then, I personally find it interesting that they've since remained quiet for 30+ days. However, I have never outright stated that we are in a quiet period, only that we could be.
Lastly, as I've posted more times than I can count, I am still holding and believe we are moving towards something BIG. When that actually comes is anyone's guess, but at least for now, I am still holding.
Hopefully this adds some clarity for you. If not, I'll suggest going back several months and re-reading my posts from the start.
Have a great day & weekend everyone!
$PWDY
Completely agree. Unfortunately our pps is self inflicted.
First, they hired a PR guy who misled shareholders with his pumped up posts about “the most significant news yet,” which turned out to be typical fluff.
Second, PWDY led shareholders to believe that QB (a lousy penny pps) was right around the corner. That was several months ago, and since that time, we’ve taken a 75% haircut from our high of 0.006
I too am hoping & praying that PWDY actually delivers something beyond more fluff. Today is 30 full days of silence, so hopefully that’s enough. However, I’m not seeing any changes in volume or on L2 that lead me to believe something is close.
I really hope this doesn’t turn out to be just another otc flop.
Ok $PWDY..... We are now at 4 full weeks of silence (28 Days). Today will be 29 days and tomorrow will be 30 days. I could be mistaken, but if we are in a "quiet period," I believe that 30 days is common. Could be longer, but I'm really hoping its not.
At least for now, there doesn't appear to be any interest, buying or selling, in PWDY. Maybe the end of this week will give us a signal of which way we're going. Also, our A/D pattern remains very strong, but with such little volume/lack of interest, I'm beginning to wonder if it actually matters.
Anyway, here's to hoping/praying that PWDY actually delivers something tangible in the near to immediate future...
$PWDY
Looks like I made a mistake with my math. Tomorrow will be 4 full weeks of silence (28 days) and Thursday will be 30 full days. With this in mind, I believe we have several more days of chart-control + no volume or interest.
I'm hoping that ends soon and we hear/see something at the end of this week and/or by early next week. We desperately need $PWDY to deliver on just a single tangible achievement. Just one! The announcement of a single tangible achievement could get us out of this ridiculous "self-inflicted" zone.
It's very possible that we could start experiencing "volume before price" at the end of this week, and that is exactly what I'm hoping for. I'm praying that I wake up Friday morning to see that our laughable # of MM's on L2 has doubled and/or tripled. That will be my indicator that it's "Go-Time." If I'm right about this, today + next couple of days could be a very bumpy ride (end of shakedown 2.0).
Tick Tock...Tick Tock...Tick Tock...
$PWDY
Well, I was hoping to see a change in volume and the number of MM's on L2 today, in preparation for next week, but not sure that's happening. Appears that the push down will not end today, as the name of the game will continue to be chart control. Based on PWDY history, anytime they drop the opening ask to prior close or lower, it ends up being a rough day 99.9% of the time. For example, we closed yesterday at a laughable 0016, today's opening ask was dropped to 0016, so there is a very, very, very, good chance we're held at/under 0016 all day for a close around 0015. Stranger things have happened and I'm hoping for some kind of end of day surprise, but currently I believe the odds of that happening today are against us.
Also, today is 1 full month of silence from PWDY, but without volume and/or more MM's facilitating trades, I'm just expecting more of the same. Still hoping they follow through and deliver at least a single tangible achievement, but I'd be lying if I didn't say this is getting old.
I genuinely believe that they are in a quiet period right now, but hoping that next week it ends. This week will complete a full month of quiet.
That said, our A/D pattern has not changed, which is a good thing. However, with the lack of eyes on us and/or interest, it's very easy to control the chart, which is exactly what's been happening. Like I said at the beginning of the week, this will be a "bumpy" week, but hoping that next week is the start of our fun.
We'll see soon enough..
$PWDY
LOL... I haven't been on ENZC for quite some time now. That was the biggest learning lesson I've ever experienced. CCC really screwed us and I pray that they are held accountable. I tired to tell everyone immediately after that first SAGA PR dropped, but nobody listened to me and just called me a basher (after holding and being pro-ENZC for 3 years).
I'm still keeping an eye on it, but as of now, I don't hold any of their shares.
Hope everyone had a great Labor Day. Pretty sure this will be another bumpy week, but I believe it will be the end of "shakedown 2.0." I'm hoping that next week will be a week to remember (Finally see/hear something significant from $PWDY and/or they deliver an actual tangible achievement). Only time will tell, but I'm still optimistic. Just need to make it through this week. The end of this week will be 1 full month of silence.
I'm hoping to see a change in the # of MM's on L2 and volume by Friday close. As I've said before, that will be my indicator that something is coming. If we don't see any changes by Friday close, it doesn't mean that we won't see anything next week, just makes it less likely and/or more likely that it will be later in the week.
Lastly, looking at PWDY history, we should see an update to OTCM today as well.
Tick Tock...Tick Tock...Tick Tock...
$PWDY
Good to hear HH2. For me, as long as our A/D pattern continues as strong as it is, I'm staying put. Unfortunately I think we have a very bumpy 5-7 trading days (plus the rest of today) ahead of us, but I'm confident there will be a pot of gold at the end of the rainbow. We just need to make it through "shakedown 2.0," but once we're past it, I think we'll see clear skies & smooth sailing.
As I've stated and shown before, I'm waiting to see the # of MM's on L2 increase (double or triple) and for that "volume before price" come out of nowhere. They will be my indicators that the time has come. I'm hoping to see these late next week and/or maybe early the following week. It's also worth noting that $PWDY has remained silent, which could indicate that we're in a "quiet period."
I wish I had some extra funds to buy more during "shakedown 2.0," but I don't. Anyone who does is more than likely about to get the bargain of a lifetime between now - next Friday.
Anyway, I'm still looking forward to something BIG, holding on tight, and hoping for the best!
Have a great rest of the week and Labor Day weekend!
$PWDY
Looks like another shakedown will close out the day. However, I do believe we are close to finally hearing something significant from PWDY. I think this week and next week will continue Shakedown 2.0, but the week following Labor-Day-Week would be my guess for hearing/seeing something tangible. Just a guess, but this week and next are typically slow trading weeks. Also, "IF" (and I know that's a BIG "if") PWDY is in a "Quiet Period," the week following Labor day week would be a full month of silence.
I think it's just a matter of who will be able to hold firm through this upcoming shakedown, which I believe we'll be a rough one. We unfortunately do not have anywhere near enough eyes on us and/or enough volume to stop the shakedown, so I think whoever is doing the shaking will continue to stack the ask at and/or under 002 until a few days prior to something dropping. Hopefully we see the # of MM's on L2 double or triple from the 4 we currently have. That will be my indicator that something's on the horizon.
Only time will tell, but I'm optimistic that we'll see something in September. Until then.....
Place you arms & legs inside of the cart, put your seatbelts on, and hold on tight! Don't get shook! This ticker has the potential to deliver some life altering gains from where we're at right now, but holding through next wave of shakedowns won't be easy.....
$PWDY
Gee.... Who could've ever seen the "shakedown 2.0" coming? LOL... 99.9% of the time, patterns don't lie. And just like that we're back 0017, but our RSI magically remained at 39.X. Back on 8/13 our RSI was at 39.X, yet our pps closed at 0025? Hmmmm, I wonder how that magic works?
Like I said, those waiting for teens would get another shot. Unfortunately I think we're stuck in Shakedown 2.0 until after Labor Day week. However, I'd love to be wrong!
And just for reference, when I'm talking about the A/D pattern, the 2 pics below give a good illustration.
The first pic is $PWDY. The section I circled in yellow is our drop from 0.006 to current (I still think we can thank Steve's "Most significant news yet" LinkedIn posts and PWDY leading everyone to believe that $0.01 was right around the corner, for the bulk of our drop). Notice that the accumulation never really drops as a result of the "selling" and/or bloody waters. This tells me the following:
1. Every shares is getting gobbled up
2. I'm not convinced it's true selling. In other words, it could be somebody with a very large holding and/or an MM selling 5M-15M+ shares to drive the pps down, then buy back their 5M-15M+, as well as several million more, after they drove the pps down. When there's no interest or volume and somebody's sitting on a large holding or for any MM, it's super easy to use their position to create fear/blood and control the chart to shake shares free. Especially if they know things that the public/retail don't.
The second pic below is what we'd usually expect the A/D pattern to do over a 2 month period where we take a 77% haircut. Notice how the A/D flips in the section I circled. This is what we typically see after and/or while we're being devalued 77%. However, this did not happen with $PWDY. Instead, our A/D pattern continued, virtually unchanged. I interpret this as a great sign. Great enough that this, and this alone, is enough for me to hold/stay put.
$PWDY A/D PATTERN
OTHER TICKER A/D PATTERN
That makes 2 of HH2. I'm still holding, still believe that we're leading up to something, and hope that we're right as well.
As I've stated many times on here, its the A/D pattern that leads me to believe (very strongly) that somethings coming. However, others may disagree, but I don't believe we're there yet. I agree with Dyno that we could be in a quiet period, but at least for the time being I'm convinced that the shakedown is not over yet. We've had a couple of very low volume green days, but I don't think it's anything more than those who are doing the shaking, re-padding the RSI for the next set of shakeouts.
Traded only 1.3M shares so far today, yet the RSI once again magically jumps 7 points from 39.X to 46.X. So, as it stands right now as I'm typing, we traded almost 18M Shares on Friday, the overwhelming majority of which were sells, and our RSI dropped only 6 points to close out the week at 26. Then Monday, Tuesday, Wednesday, and this morning, we've traded a combined total of less than 8M shares, but our magical RSI jumps a ridiculous 20.4 points to 46.8. For reference, the last time our RSI was 45, which is 1 point lower than where we sit now, our pps closed at 0.003.
So, with that in mind, coupled with the $PWDY silence (as mentioned yesterday, we know how difficult it's been for them to keep silent when they should, as they chose BS fluff over silence several times), I think we're gonna see another round or two of shakedowns before $PWDY gives us a significant and/or a tangible achievement PR/news. I can't even begin to tell you how badly I hope that I'm wrong about this part, but I've seen this pattern with the magical RSI's too much in the past, and 99% of the time it's exactly as described above. "They" just need more padding for another round of shakedowns; and with $PWDY, chart-control is beyond "super-easy" right now with only 4 MM's facilitating trades, no interest or eyes on us, most recent news has been fluff, and "potentially" in a quiet period. It's the perfect setup for chart-control-shakedowns.
Anyway, I'm staying put and hoping for the best. I don't believe that A/D pattern is a coincidence. Somebody or somebodies have been accumulating under the radar since June 2023, and I believe whoever it is knows something that we don't. I can't believe I'm in the red right now, but I am. However, even at my entry point/pps, it's a small risk vs what could be and/or vs their potential. Time will tell.....
Yup. Couldn't agree more. I was thinking the same thing about them being quiet, which is why I said "optimistic." Also, we know that it's been hard for them ($PWDY), if not impossible, to remain quiet. Over the past few months, they chose "fluff" over "quiet" numerous times, so I too think we could be in a quiet period. If so, I believe it will last for another week or two, which is why I believe we've got a few more games ahead of us. Until they deliver something, we just don't have the volume/buying/interest to stop them.
Lastly, I also still believe that we'll see a significant increase in the # of MM's on L2, prior to anything BIG dropping. When I see additional MM's, I'll interpret it as "something's on the way." But, until then, I think we're stuck down here as somebody or somebodies continue there shakeout attempt.
Well, I still believe we're watching some chart-control shakedown games. Our RSI has now magically jumped back to 43.X over the past 3 days on a ridiculous 6.4M in total volume.
We closed Friday with the RSI sitting at 26ish, then Monday + Tuesday + Today has pushed it 17 points to 43.X. For reference, the last time our RSI was at 43.X, our pps closed at .0028. In other words, those who are waiting for an entry point, although I think our current pps is tremendously undervalued, I still believe you'll see another opportunity to enter in the teens. Don't take my word for it, as I'm not giving any advice. This is just my $0.02.
Our pps needs to break 0.0028 just to flip the PSAR back, so at this rate with the magical RSI we seem to have, by the time we get back to 0.0028, our RSI will likely be back above 60 (Funny how that always seems to work this way). This is why I've been saying that with such a tight float, no eyes on us yet, most people holding/not selling, and no tangible achievements to attract the eyes/volume needed to change these things, anyone with a large position and/or any MM can easily control our chart right now.
Once again, I hope I'm wrong on this, but I believe we've got at least another week or two before our true reversal/climb back up begins. Tomorrow - Friday should tell us if this is just part of the shakeout OR if it's truly the start of our reversal. However.... as mentioned above, this is just my outlook/interpretation. It is NOT advice in any way, shape, or form.
That said, I do find it odd, yet optimistic, that $PWDY has remained as silent as they've been (Personally, I prefer that they remain silent until they have something tangible and/or of substance to share with us; but, that's just me).
$PWDY
$PWDY is cash positive, just paid the short term loan, SEC reporting (I believe this requires them to give sh 30 days notice if they were going to do that), and has roughly 40% inside ownership.
I believe they’d do a share buyback before they’d go the other way. I could be wrong (been know to happen from time to time 🤫), but everything I’ve been watching for the past few months tells me they’re gonna do this right. My only critique of them lies with the LI posts from their IR guy and $PWDY’s X posts. Other than that, I’m bullish/full-steam-ahead towards BOOM!
$PWDY
I know. I wish I had some extra powder to add another 1M while we’re down here. I expected to see a shakedown leading to our upcoming BOOM, but I’ll admit that I didn’t expect to be pushed down this far.
I’ve been debating whether or not to sell half of my core then wait til next week to buy back (“they” magically added 13 pts to rsi between yesterday and today with roughly only 5M in combined volume: all while keeping pps at 0.002 or lower. For reference, we traded just shy of 18M on Friday alone, dropped from 0.002 down to 0.0014, yet the RSI only fell 6 pts. Gotta love that OTC magic!). However, with my luck, if I did this, $PWDY would drop a shocker immediately after I sold. LOL…
Anyway, good luck with getting the cheapies! I still believe 100% they’ll be worth it! (Our gorgeous A/D pattern continued during the entire “fabricated” bloody sell-off last week. That, in and of itself, tells me I bought the right stock)
I hate to say this, but I think we've still got at least another week or two before we see anything. Unfortunately I think we're still in the "chart-control-shakedown" trend. I say this because our current pattern is all too familiar, and PWDY appears to be maintaining silence (for once) for the time being.
For example, on 8/15 we closed at a pps of 0.002 and the RSI had dropped to 32. Then on 8/16 we traded just shy of 18M shares and our RSI dropped only 6 points into oversold at 26.xx. Yesterday we only traded 3.4M, but the RSI magically jumped 7 points to 33.xx and once again moved us back out of oversold territory. Lastly, today we've traded a whopping 514K shares, but yet again our RSI magically jumps more than 4 points up to 37.4x. "They" now have plenty of room for control and shaking.
My point with all of this is that right now with the lack of eyes on us/lack of buying, it's super-easy to control the chart. In other words, yesterday & today were full of magic, trading a combined total of less than 4M shares, but magically pushing the RSI out of oversold and/or 11+ points from 26.x to 37.43. This gives whoever is doing the "shaking" the ability to keep pushing us down without attracting volume from technical traders because of an oversold RSI.
I hope I'm wrong, but based on past history and/or patterns, unless I'm missing something and/or PWDY surprises us tomorrow morning with a significant and "tangible" completion, I think "they" will bid-whack us at tomorrows open to ensure our pps opens under today's close, then we'll be held under that open as "they" continue pushing down and/or the shakedown. Just my $0.02....
Like I said, I really hope I'm wrong and instead this is the true start to our reversal, but my gut + past patterns are telling me otherwise.
Have a great day everyone!
$PWDY
Yup. Another 27.5% shaved off today. it's getting ridiculous. I was really hoping to see it bounce back at end of day as an indicator that Monday would bring something good, but closing down almost another 30% isn't exactly comforting. Also, I find it a bit strange that PWDY feels the need to post a bunch of BS pinky fluff when nothing's going on, but then when shareholders get gutted for an entire week, they have nothing else to say. Great PR strategy (sarcasm implied).
Guess we wait to see what Monday brings now. I'm curious to see if they once again bid-whack us at the open to keep controlling the chart/open us under today's close. At this rate, we'll be so far beyond oversold that it's almost incalculable. RSI closed 26.85 today, but I believe we are way more oversold than that, but due to the chart-control/tiny bid-whacks and ask-slaps, it's sitting at 26.85. For example, we're down 27% on 18M shares traded, with roughly 3X more sells than buy's, but the RSI only drops 5.8 points? Then looking back at the chart on day where we had 19M in volume, went from 0.0013 to 0.0016 and/or a 23% increase, the RSI jumped a full 9 points. Just another reason I believe we could be watching some orchestrated/artificial games.
Oh well.... Is what it is. Here's to seeing what Monday brings and hoping/praying that PWDY doesn't turn out to be just another pink-sheet con-job.
Have a great weekend everyone!
$PWDY
Very well said Menace. I agree 100%! As I was typing this the RSI just dropped into 26's, which is the lowest RSI PWDY has ever had.
However, I would like to know where these 60M shares appeared from over the past few days.
You are correct Dyno. Steve is the guy from the PR firm they hired. The reason I've said this bleeding is self-inflicted is a combo his posts 1-2 months ago and PWDY's recent posts on X. Steve was posting on LinkedIn 1-2 months ago that "the most significant news to date was about to drop....etc." only to find out that the "significant news" was that PWDY signed an NDA. The next day when the news dropped and that was it, was the start of this haircut we've been taking. Since his "Most Significant news yet" post, we've been devalued by 73% (could be more depending if we close today below 0.0015)
Then, factor in the stuff coming from PWDY lately, and it's easy to see. It doesn't make a bunch of sense to me, because this type of stuff is used with stinky-pinky tickers, and PWDY is not one. They don't need to resort these pinky tactics, but for some reason they did.
That said, I'll once again say that I am not ruling out that this "selling" action we've seen this week could be, and likely is, artificial. We'll see soon enough. RSI oversold and currently sitting in 27's. Will be fun to see if a 1K ask-slap at the end of the day pushes us back over 30. Either way, I'm not sure how much lower the RSI can go before it begins attracting some technical traders. Guess we'll see soon enough!
$PWDY
Exactly what I've been saying. Also....:
Here's a good example of why I still believe there's a BOOM at the end of this self-inflicted bloodbath. Typically, when we see the type of drop that's shown in the chart at the top (circled in white), we also see a corresponding drop in the A/D pattern. However, as shown here, that has not happened. So, IMO somebody is either gobbling up everything to offset that drop OR it's not a true drop (either large holder or MM playing catch with shares to drive down pps and shake what they can). Either way, there's a purpose behind this accumulation. This pattern has held strong since June 2023 and apparently shows no sign of stopping.
$PWDY
Agree 100% on all counts... In fact, I couldn't agree more. It's not the additional time that bothers me, it's the typical misleading pinky BS that frustrates me. They don't need it and as an audited, SEC Reporting, no toxic debt, no dilution, etc. company, these pinky tactics are not needed. This is why I say that our current bleeding is 100% "Self-Inflicted." Why come out the same day that they filed their Q and post on X about revenue increases, when they themselves gave explanations for their revenue decreases in the Q? That is 100% pinky behavior and it bothers me that they'd resort to this BS.
Hopefully something changes sooner vs later. I always have to consider the possibility that we're watching "musical-shares" games as an attempt to shake out what's possible, just before BOOM. I mean, if we are close to a BIG tangible achievement that will deliver a significant sustainable pps increase, the normal OTC shakedown is to be expected. I'm not saying that's what this is, but I personally haven't ruled it out.
Also, had to come back to add this, the pic below the quote shows a perfect example of what I was talking about with controlling the RSI. A single 50K ask-slap pushed the RSI back up a full point. So, just before today's close, I bet we see the ask move back up in conjunction with an end of day slap (maybe 500-5000 shares only) that will push our RSI back over 30 and prolong the bleeding. Just a guess.
Anyway, good to see you here as well... Maybe they'll show us some love next week. After all, anything's possible.
Agreed Dyno. This bleeding is 100% SELF-INFLICTED. We've taken roughly a 70%+ haircut since Steve's very misleading "most significant news yet is coming" post. Combine that with PWDY doing the following, I don't see how anything but what we're watching right now should've been expected:
1. Misleading posts that led investors to believe $0.01 was right around the corner
2. Followed up by more factual posts that stated "over the next 6 months."
3. Nothing but pinky-post-fluff since our recent high of .006.
4. What was the purpose of last weeks post stating that they completed the required Q? What was the purpose of telling us to stay tuned for "MORE" exciting updates? (I'm still confused on their use of the word "more" in that post? Do they actually consider the completion of a required Q filing "exciting"?)
*** 5. (And this one can be considered a red flag) In their Q, they give a couple excuses as to why revs are not meeting prior years revs (pent up demand in 2023, 2024 is election year, etc...). However, they come out on X and post about increases? How much sense does that make? Either they made a mistake or they truly believe their investors are so stupid that we can't read a Q. This one, #5, bothers me a bit. This type of typical pinky BS is an enormous turn-off, and if they truly have anything exciting in pipeline, this BS isn't needed.
6. At least thus far, they have failed to deliver any tangible achievements. They got everyone excited with Steves BS posts and their misleading QB / $0.01 posts, but nothing tangible has been delivered. They've signed an NDA, but as most already know, just signing an NDA means squat. It is only if something comes of that NDA which will matter, and right now based on all of the above, it seems that some investors lack faith in that.
That said, I'd really like to know where the 60M shares that we've traded over past few days are coming from? I really want to see the next update to OTCM, as I find it hard to believe that retail investors out of the blue decide to dump an move on? Also, the beautiful A/D pattern that I've been talking about has continued. Typically if we were seeing any dilution and/or even if insiders were the ones dumping, it would cause a change in the A/D pattern, which has NOT happened. This is why I'm confused.
Regarding today's action, it was a given after seeing the open. 99.9% of the time when we're opened lower than prior close, we are held under prior close all day; not to mention the stacked asks.
Additionally, with next to zero eyes on us and a tight float, it's very easy to drag this on. For example lets say that we have 10-12M in volume, 90% of which are sells, and we're driven down 10%+. If somebody hit's the ask for only 1K shares just before close, it can push the RSI back up 4-6 points, which allows this to continue without us falling into "technically oversold." I've seen this more times than I can count with OTC tickers.
Unfortunately, I believe we're in for a bumpy ride over the coming days/weeks. "They" can easily get another 4-5 days of driving this into the ground before the RSI falls into the technical definition of "oversold" (below 30). Right now the RSI is in the 28's, but due to the lack of volume and tight float, all "they" need to do is slap the ask for 500 shares and the RSI will magically jump back over 30, allowing this to drag on.
The purpose of bidwhacking 50 shares at the open lends to controlling the chart/RSI. Nobody actually needed to buy or sell less than 10 cents of shares. Also, watch L2 an you'll notice from here on out (until PWDY's delivers something) each time the ask drops by 0.0001, it will be immediately stacked, making it impossible to get back to prior day's closing pps (no volume or interest until they give us something).
Lastly, the final few pictures below show just how easy it is to control the chart/RSI right now. Notice that we have just shy of 10M shares traded in 3rd pic, and the RSI is in the 28's. Then in the 4thpic we have just barely over 10M shares traded, but the RSI jumped back over 30. The RSI actually only jumped to 29 after 300K shares were traded (circled in 5th pic), but then a trade of 356 shares at 0.00178 pushed it back over 30 LOL.... This is how they control it. Drive us into the ground, then use 1-2 tiny ask-slaps to push the RSI back up. Wash+Rinse+Repeat. It's how our bleeding gets drug out without the RSI falling into the technical definition of "oversold." It's intentional and very easy to do when PWDY delivers nothing tangible combined with a tight float and combined with no eyes on us. Until they deliver on just a single tangible item, this is our unfortunate reality. We've taken more than a 70% haircut since Steve's misleading "most significant news yet is coming" post.
I'm still holding and have not sold a single share yet (I'm in the red now). As I've said before, I feel like I'm walking a tight-rope. The "Red-Flag Activity" outlined in #5 above is telling me to sell, but one of the most beautiful A/D patterns I've ever seen is telling me to ride this out. As of right now, I'm sticking with the A/D pattern and holding. I still believe there will be a BOOM at the end that pattern. I truly hope I'm making the right decision.
Have a great weekend everyone!
$PWDY
RSI, currently sitting in 28's, is now at it's lowest point ever.
That said, I think the question for each of us becomes: "Do we believe in PWDY and/or do we believe they're going to deliver on what they've led everyone to believe will happen?"
I can't speak for anyone else, but for me, I still believe. Once again, the accumulation pattern by itself tells me everything I need to know. I am no chart expert by any stretch of the imagination, but I do have enough experience to know that when we see the type of selling that we've seen the past few days (could've been avoided in my opinion if PWDY would've just remained silent instead of trying to hype up their tiny base, but I've already covered this), 99.9% of the time we see the accumulation drop with it. However, that hasn't happened here. The accumulation pattern has remained 100% in tact. Additionally, the RSI, currently in 28's, has fallen into OS territory. Not to mention the lowest that it's ever been, and looking at PWDY history, "The Next Leg Up" ALWAYS follows these RSI dips (and this is the biggest dip yet for PWDY)
What does this mean?
Once again, this is only my opinion, but I believe it's all part of a shakedown. Somebody is buying up every share that's being sold at a level which maintains that beautiful accumulation pattern. I find it very unlikely, nearly impossible, for this to be just a coincidence.
Guess we'll need to wait/see what happens, but I believe our next spike/leg up is going to be a monster!
One more thing. If we look close enough, there's also a pattern with trading. Every day we're pushed down immediately at or after the open, then we see tiny spike they won't allow to break prior close, followed by an enormous low-volume-drop. My point is that when it becomes repetitive, it's a pattern; and in my opinion, it's NOT an organic pattern but rather a fabricated one.
YESTERDAY'S MINI CHART
TODAY'S MINI CHART
LOL... The chart games are comical right now. So, we trade 19M shares, the overwhelming majority of which are sells, which dropped the RSI from yesterday's close of 35.9 down to 32.79. But..... then one single trade of a whopping 25K shares pushes the RSI from 32.79 back up to 35.19. In other words, 0.13% (NOT 13% but 0.13%, which is 1.3/10ths of 1%) of our total volume just pushed the RSI back up 7.3%. LOL....
This is the downside to low-volume tight float. It's very easy for any of the MM's or anyone holding a significant qty of shares to control the chart as they wish..
RSI, sitting at 32.xx, is now at it's lowest point since March 2023. Call me crazy but from a technical standpoint this probably is not the smartest time to sell?
Well demdots, to each his own.... For clarity and for those in the back.... I didn't say it was bad, just that :
1. I am still long and still believe that 100% we are moving towards something BIG. I am still holding.
2. The Q isn't bad, it just doesn't include anything "exciting" or anything that will bring in more eyes/volume. Until they deliver a tangible achievement and/or something that is significant, we will continue repeating days like yesterday & Monday.
3. I was expressing "my opinion" that I don't like these PWDY posts on X. There is no reason to post about completing a required filing, and especially no reason to post vague teasers (stay tuned for more exciting updates). Right now we are flying so low under the radar that it's almost incalculable. When they post things like "more exciting updates," it creates expectations that when not met, end up hurting our value. This is clear when viewing Steve's posts from 1+ months ago about "most significant news yet" and PWDY's posts that led most to believe $0.01 was right around the corner. When the "most significant PR" was released and turned out to NOT be so significant, combined with PWDY's later post that stated "over the next 6 months" (suggesting $0.01 was in fact much further than originally led to believe), it resulted in shareholders taking a 50%+ haircut.
Another example of this is when we compare their post from today against what they said in the actual Q. The Q talks about how they're slower this year when comparing to 2023 because it's an election year and because of "pent up demand in 2023." However, they then post on X talking about increases. My point is that this is the kind of tactics used for typical BS pinkies, and PWDY should NOT be engaging in these types of tactics/posts. There's absolutely zero logical reasons to do so. Again, just my opinion, but I really wish they'd knock this crap off. We don't have any kind of following yet. We have next to nothing in volume and/or interest. There is no reason to put these kind of posts out there. Just keep working and stay silent until you have something truly tangible to deliver.
Again, I will say one more time that I am with PWDY and believe we'll eventually see something to get excited about, but until that time, I wish they'd stop with this stuff. It doesn't help us. It only helps those who trying to shake out shares.
Case in point = Today's action. People selling (I believe they'll regret doing so) because "expectations were built up that were never going to be met." Then on top of that, add what I said above and what I show below. It's not a good look. PWDY would've been much better off just staying silent, releasing the Q, then going back to work silently until they have something real to deliver. But..... as I always say, that's just me; and as I said above, to each his own...
Have a great day everyone! (Side note = RSI in the the 35's right now)
$PWDY
MESSAGE IN TODAY'S POST VS MESSAGE FROM ACTUAL Q SHOWN IN SNIPPETS BELOW
Well, the Q is out, but not seeing any type of influx. At first glance the only update I see is that the short term loan was paid off an the 115M shares that were held in escrow were released. Rev's are down vs last year's Q, profits down vs last years Q. I'll need to go through this in more detail later tonight/tomorrow, but at first glance I'm still curious as to what "Exciting Updates" PWDY was talking about last week, because I'm not seeing them.
I've said it before and will say it again. This is exactly why they should stop with the "pinky approach" (posting or PRing fluff). It creates expectations that are NEVER met. At least not in the short term, which is what becomes the expectation due to the intentional vague verbiage in the posts.
I still have to finish going through this, but I can't even find the words to accurately articulate just how badly I'm hoping that there's more in this that I just haven't gotten to yet. Will finish dissecting this tonight if I have time, if not tomorrow.
$PWDY
RSI back to the lowest it's been, 37.x, since October 2023. However, with such low volume, it's very easy to control the chart. For example, yesterday a single buy of less than 2K shares pushed the RSI from 39 to 44, a full five points. Also, we closed out the day down 14%, yet the RSI only dropped 1.5 points.
My point here is that at this stage of the "shakeout game," whoever's doing the shaking can easily control the chart to push the pps down with little to no effort, while at the same time keeping the RSI basically static. There's really no risk to them bid-whacking to push us down, because there's no eyes on us/volume to threaten them of losing their shares and/or not being able to recoup them after pushing down. In other words, yesterday a single buy of 1,785 shares pushed the RSI back up 5 full points, but dropping 14% on the other 99% of trades yesterday resulted in the RSI dropping only 1.5 points. Typical OTC games that should stop, or at least be significantly reduced, once PWDY actually delivers something that attracts the volume needed required to do so.
Now, the "GLASS HALF-FULL" side of this is that when looking at our chart for the past year, the lowest that our RSI has dropped is 33.18, and for the past several months, each time the RSI dropped down to 40's, it's been followed by the "next leg up" spike. My opinion of what happens to our pps in the short term is going to come down to whether or not the "exciting updates" that PWDY alluded to in their X post last week are truly "exciting" or just fluff. Also, I was reading somewhere that for PWDY to maintain the same revenue as last year, each Q from here on out needs to average $400K+; so, if they show a substantial increase in rev's like $1.2M instead of the $400K, that could push us up as well. Lastly, as I posted last week, a fairly significant "shakeout" was to be expected "IF" something big was coming, so I feel like we're walking a tight-rope right now. 50% of indicators telling me to expect more fluff and the other 50% telling me that they could actually deliver real this time. 50/50, gotta love it.
Anyway, just my opinion and last post for the day.
On a side note, whoever's bidding 1M at .0022 and 2.1M at .0021, good luck! It appears that today might just be your lucky day. Guess it's just a matter of how low they're gonna push us today. Either way, good luck. I wish I had some free funds to scoop up more while we're down here, but unfortunately do not.
$PWDY
I hate to say this, but I don't believe anything special and/or significant will be coming with this Q. I believe their Q is due tomorrow, and something tells me that we won't see it until after hours tomorrow. So, my question would be, "why post about completing the Q & exciting updates" if they had no intention to file it until the deadline, more than a full week later"? Just to clarify so there's no misinterpretation, I'm still holding , not giving up my shares, and still expect to see a BOOM; just not anytime in the immediate future.
Nevertheless, I believe they'll drop the Q somewhere in the next 24-32 hours, yet we still have no volume and still only 4 MM's on L2 facilitating trades. I could be wrong and truly hope that I am, but if they were delivering something tangible/significant along with the Q, I'd expect pps to be climbing, to have more eyes on us/more volume, and we'd definitely have more than 4 MM's facilitating trades.
Anyway, I cannot put into words how badly I wish that PWDY would stop "pinky-posting" on X and/or everywhere. There is no need to make a big deal about completing a filing that's required. Also, there's definitely no need for vague language (exciting updates) that only builds unreasonable expectations. Just keep working until you actually have something to deliver to your shareholders that will have a positive & sustainable impact. Until then, I just don't see any need for the posts. A couple months ago both PWDY & their IR guy Steve, led everyone to believe that $0.01 was right around the corner, only to find out that it was much further away. The result of that was a quick drop from the upper .005's back to laughable land. That BS is not needed here and I hope/pray from here on out that they stay away from it.
In other words, we're currently 60 minutes into the trading day and only have 100K in volume. If something tangible/significant was coming, I would expect to see no less than 10M-20M in volume on the ultra-low/ultra-conservative end, and I'd expect to see an absolute minimum 6-8 MM's on L2. 10M shares at these prices is only $25K-$27K and 20M is only $50K-$54K; both of which are nothing. However, 1+ hour into the day and we're only sitting at a whopping $291 traded?
Anyway, I hope I'm wrong and/or that they're the first OTC CO to successfully keep their BIG news a secret from WS, so instead we see a massive surge of volume, massive spike in pps, and big increase in the number of MM's facilitating trades, all come out of nowhere sometime today/tomorrow. So far I'm not seeing any indication of this, but stranger things have happened before.
C'mon PWDY, show us some real love! Deliver something tangible as your "exciting updates" and not something that just reaffirms information you've already shared with us.
$PWDY
Well. Maybe we'll see some volume tomorrow towards end of day. Today's action was predictable. It never fails that when our opening ask is dropped lower than prior close, the pattern is always the same. We're held under that opening all day, which in today's case was .0028. That's why I expected to see them close us at 0.0027 today.
Once again why I wish they wouldn't have posted anything about finishing the Q last Monday, since they had no intention of dropping it until it's due date. Maybe I'm alone in that thinking, but that sort of OTC fluff shouldn't be needed here.
Anyway.........Oh well... Maybe tomorrow. Although "if" we see anything positive tomorrow (volume, pps, etc...), I don't expect it to be until near close of day. If PWDY is planning on dropping their Q Wednesday or After Hours Wednesday, that means the majority of tomorrow will be more of what we got today. Shakedown.
LOL... Something tells me that whoever dumped 3.6M at 0.0025 will be regretting it in the coming weeks/months. That is of course, "IF" somebody actually dumped them. It wouldn't shock me to learn that we're just watching a game of "musical shares" as an attempt to shake out more cheap shares. The large majority of those holding PWDY are NOT selling, so this would be expected.
However, on the off chance that somebody did actually just dump 3.6M at 0.0025, my crystal ball shows "REGRET" in their not-so-distant future. But...... then again, that's just my own personal opinion based on:
* Real Company
* SEC Reporting
* Cash Positive
* No toxic debt
* No dilution
* Incoming M&A catalyst
* Under the radar accumulation pattern since June 2023 (this type of accumulation screams insider and/or somebody "in the know," and in my experience ALWAYS leads to a BIG BOOM)
* Super Hot Sector that will only grow bigger over the next decade
* Heading into OVERSOLD territory with the RSI, 38.15, being the lowest it's been since October 2023
* Etc...Etc...Etc...
$PWDY