Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Anyone notice the Level 2 has changed and there are more MMs showing up now? Interesting bids too, a lot more bids queing up within .0001.
Anyone know if the CE will still be in effect for brokers even if its trading on the London Exchange with no restrictions?
I mean this share structure is a godsend, literal gold. 3 mil mkt cap with 60 mil O/S. Almost anything promising will send it and at least give a nice pump.
literally anything and it will better than where it is, LOL.
Thank god. Let's hope the new IR team can speak English, put together coherent PRs and give us a timeline for a CE removal or some type of hope. How do we contact?
LOL, $DWAC is delisting, thing was a scam
Man do these people selling actually even know what a reverse split is? Doing this prior to merging solidifies the the minimum price requirement for uplist. The value of the shares remains the same. I will never understand how dumb OTC investors are or the fear that a RS brings to them. Oh well, will be adding down here.
Oh yeah.. 3 months and 23 days my bad.
There's hasn't been news or even an attempt at a PR, communication, update, etc. in 4 months, garbage management.
Friday or Monday for the news?
YES! IT'S FINALLY HAPPENING!!!
Huh? The recent one was to compensenate their CFO. But yeah, the one the other day was additional compensation for their acquisitions guy. It was set up a while back, so I don't know if it means anything is imminent, unfortunately.
Email chain with CEO:
Not sure what to make here, usually if a stock gets suspended, the company goes dark and just hides. This guys is still going as hard as ever, so I am unsure how much is illegitimate or fraudulent behind this company. It's possible that he simply has no idea how to act, either ethically or being transparent/precise with information. Sure, that is still alarming for an investor, but if the company even has a fraction of the finances it claims and that we deem a certain amount of legitimacy to being approved by the SEC for Pink current then there is hope for the company. For what it's worth, I verified the auditing company is real and has affiliation with ENKS.
I've only seen one stock somewhat recover from a suspension, so we will see what happens with getting the CE lifted here which will be the main test.
Yes, could not even be slower. Seems to be the case for a lot of OTC companies rn.
This stock is awful, cannot hold any gains and just gets shorted back down every single time.
sure you did.. you are broke, provide some proof of those trades. xddd
News out or imminent?
It would be nice to have a simple PR reiterating the PEA with today's iron ore prices to provide a recalculated value for some sort of confidence.
I think we are about to see some impending news released for the upcoming acquisition or the like. Only thing that makes sense with the weird ass volume/L2 for this day where there was short covering.
11 million on the bid right now, something leak?
Yeah.. hope we see a retrace on this during this week. The way this stock moves is very strange. The CEO also said that he will continue buying back the float every 10-15 days if the price does not meet the requirement.
What's the point? This dud never releases anything lol.
Yep, but the fundamentals of this one is why it is so appealing.
This stock always has such a strange L2.
Not sure but it's happened to this stock last time too, remember? After the run to $2.20 it retraced all the way back down in 1-2 weeks. There was no dilution at all then, I checked. So someone likely has a very, very high short interest here.
What do you mean?
Authorized Shares: 200,000,000 a/o May 6, 2021
Outstanding Shares: 70,630,510 a/o May 6, 2021
Restricted Shares: 47,668,510 a/o May 6, 2021
Float: 15,112,000 a/o Jun 30, 2020
to
Outstanding Shares
59,380,510
06/07/2021
Restricted
32,418,510
06/07/2021
Unrestricted
26,962,000
The O/S was decreased by 11 mil and restricted by 15 mil so far. 20 mil less unrestricted.
Who the hell would sell here? Thing just broke almost to $1.20 with ease, super low float, amazing financials and pipeline, and will retrace easily.
What are you even talking about, are you a new trader? Lmao.
This thing is super close to closing the merger. It's just a waiting game, the price action means literally nothing. It's a standard reverse merger play, you just buy and wait.
huge overreaction, they are going to do likely a private offering then a reverse split to uplist.
Neither, it's not dilution. It looks like shorts and then shorts covering when you had the infinite wall at .031 (I actually added here for 150k shares). You see that exact l2 on stocks that have heavy short interest in the OTC.
People awaiting the merger news?
Completely dark for two months.. good old mining companies.
Yeah just briefly hit .98... still ridiculous given it was over $3 and nearly 100 mil revenues.
Under a dollar again.. this is f'n disgusting.
When would the 30 business day mark be?
No news so it gets shorted back down
Could be, let's see, especially with this sudden volume.
Either out or imminent with the weird way L2 is acting. 200-300k slapped at .066 at the very high then the ask went down to .054 again? Makes absolute no sense. Shorts being covered out.