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What caused yesterday
I've not seen any info on what actually caused 4x normal volume and that much selloff at these lows. Shorts closing out positions? Retail panic selling? Both?
If anyones got additional info or link to info would be appreciated. Needless to say I bought another 1k shares at 5.7 lol
Watch out now it’s gonna be your fault it’s down lol working with clay trader and all those super large short positions lol
Just like a certain drone company they blew multiple chances to capitalize on news when the stock was ripe to explode. Verus multiple times.
I hope I’m wrong for the longs here but the way they let their pps just bleed over months or even after interest is up, should concern anyone.
I haven't kept up with their twitter anymore I had a buy order set for .0028 and that following day we really broke down so I've been sitting out for the longest, but the stock has runs in it when they give us reason to but damn have they shot themselves in the foot letting this poor stock bleed.
From the .01 dilution + zero news, to the run to .007 after dilution was done and maxed out AS all us 2s holders were BEGGING for news then that could have sent it to .01+ again and with no new dilution, of course we got nothing. (200% run was still cool though lol)
But it sucks for guys who avged down into the 2s who were thinking that was a safe loading zone, and now if they're actually gonna wait till January who knows where it could bleed to... Ya'll have waited long enough for news. January would be appalling.
I said it back when the bulls were 1000x more rabid we needed news they had so many chances to sustain the runs even the smaller 40-70% runs with some solid actionable news and it never came. So we'd fall lol
And now all the hypes died and its not hitting breakout boards or trending, and its in desperate need of quality news to save it.
What in the hell are you talking about no big time run yet lmao
this stocks been amazing dating back to the summer lol multiple runs 1000% run from June to early July lol
multiple 50% rips all through July/ Aug
the 200% run in august
multiple 40-50% runs in Sept
then the 70% runner in October
Idk how you say this hasn't had runs lmao
Same thing I got told when around .008 after it couldn't hold .01 that it was going to be great to use for flipping but to be careful. Got called every name in the book, and you should see my PMS lol
You have my respect that you admitted you were on the bandwagon and now tapped out given what the current volume and sentiment is around the company.
It happens in OTC, no biggie, objectiveness is always the best way to handle OTC I've found the guys who just blindly follow you can see from their histories the MASSIVE losses and usually scams they've been in cause they just blindly trust and pray for the big winner lol
did you just say you're not qualified to give business advice while at the same time giving investing advice, while simultaneously comparing a pink sheet company with toxic debt and a 1.5b float to google?
lol this stock has been great, and had some amazing runs and maybe another one in it if the news is right but good lord at that post lol
You must not have been here long enough lmao
Rbiz/VRUS maybe had 10 days under 26m volume from June to beginning October....
Within the last month. Its had 23 lmao (basically every trading day)
There was zero risk flipping this stock for MONTHS, now the risk is immense
Sucks you missed all the flipping that has happened for big profit especially if you'd used your already existing capital. But one of the smart things to do at this point
The stock has nonexistent interest, .0024 with active volume a few months ago would have been the buy signal 10fold let alone .0017-.002 lol but when its a snooze fest the last few weeks. Its a bad sign
Do what's best for you, guarantee all these posters are doing whats best for themselves too lol
y'all reamed me out for saying months ago when we were climbing and on the cusp of breakouts multiple times that if we had ANY kind of status update (even then was weeks and weeks between the last one) would have really put confidence to continue to buy and help push it even higher.
Now when its hurting and could really help investor confidence they remain MIA....
I applaud the the strategy hasn't changed, and Pinksheet PR that comes out weekly is as big a problem as PR that comes out sparingly lol
But just as the PPS needed a big PR to drive it higher, now it needs one for the opposite reason to stop it from drowning.
Volume down, even the hardest supporters here are showing signs of concern in their posts from a few months ago.
Keep holding tho like you said :p LONG term hold.
Common sense usually isn't common on hub lol
its always someone else fault:
1. The few random posters (see my inbox of hate when I said I sold last run) either objective or just bearish idiots
2. Super secret short MMs with billions of shares.
3. Claytrader
I feel you I read the other posts you made and got what you're saying
Just gotta win more than you lose lol
If a stocks success was tied to a single message board who in their right mind would buy a company that beholden to banter in the first place?
In this spot because:
1. News was ALWAYSSSS few and far between even when things are red hot and a single update or PR would have continued runs.
2. Financials are looking more and more of an issue
Anyone whose been in this stock since the .01 run should have made $, Rbiz, Vrus, its delivered great gains and runs in the last few months and nobody but those looking for a retirement payday should be salty.
Other than get new longs in for you, keep volume rolling lol.
Don't be mad because you had 30+ chances to flip between ..0027 and .007 and you sat holding hope for .05, .10, whatever your ultimate retirement goal was.
The stock gave many gifts many times over.
News is as non-existent as it always is, financials don't look good, from what others have posted about their financing. And now you see where you're at when you get what you want which is no flippers, no daily interest (I know I'm sitting silent not buying when .0026-.0029 was always the buy a few million shares zone)heading toward .002/.0019
Agree like with pot the run wasn't around the actual date expected it was all the hype of what could be lmao
thats why I cashed out nbev, igc, tlry, etc. wayyyyy early
Well see with tops I bought some at 1.56 early and was just planning on taking whatever gain (or loss EOD) if I didn't like the way it was looking.
Hard to read it all between market, low float + the games lol
True just wish the market waited till next week to cluster bomb again
Not if all other ships are down while market is blood red
Got in late today low 70s :p looks perfect
Not really a pump and dump when its been fairly easy to play the last 6+ months lmfao
something like CL0_W where you get an email runs for 3 days and tanks and dies is a "pump and dump"
babies throw that word around anytime somethings down but thats probably why you didn't buy .0026-.0029 and didn't get the W today for .0036-.0038 ;)
Got 500 of my 700 back after hours.. 38 avg. with some 37s and some low 38s. Will watch accordingly, wild day though thats for sure.
Where do you see that lol
wild day lol got stopped out and then 39 order didn't fill.
I hope so lol I'm using more of my G3RN, MNG4, iNP_X, and profit money, here lol :p
LOTS of quality DD on the company vs. some of those cluster fu** frenzy stocks of the last 3 weeks.
Nb3V/iG_C did save me after I rebought g3rn and took a small Loss on betting the news.
Only thing I'd worry about is total blood bath red market + all those cannabis fake companies stalling this one out..
Kinda like crypto when all the big names people have come to know start tanking even if they are crap compared to this company with real revs, real products, and real management. Could just naturally drag it down.
But I hope not thats why I got in :p best of the bunch for the legalization plays
I'd try to catch it 45s and see how she holds into tomorrow. I bought some low 46s because I liked the companies books rather than just the hype.
I got TLRY at 35, but sold at 90 because I looked into the books and they were disgusting lol, same with Nbev at 3 and IGC (local to me) who follows whatever hot business will get buys like they did with crypto.
This is still a big risk but with good news around the corner from Canada + solid books, and revenues this looks to be a good risk worth taking. Took a small position of 700 shares.
Its had peaks and valleys for months... Hardly qualifies as a pump and dump lol.
Thats why I didn't buy when it hit .24 lol I couldn't really find anything to signify value.
This was one of my biggest problems just holding it vs. flipping it.
The fact that you're having to point out the lack of quality PR or timely real PR (not tweets and stock holder communications with IR as PR) is a real issue.
I'm not saying they need to pump it out weekly like most in OTC and over use it, but they could certainly be more proactive about PRs.
But I probably wouldn't keep getting .002s if they did that lol
99% usually happens when you play in OTC for fun :p anyone who thinks most of those companies will be around in 2+ years are delusional. In and out like always. I'm waiting for you to post a screen shots of 6 figure + wins :p I don't think you will, cause even losing 16k of my 112k win I'm sure mine was still bigger than yours :P
It dropped to 5.15 that morning on the 13th after that 7.4+ pre market, I don't think it ever made 4s again
Like I said go check my stock twits account screen shots with proof dumping on the 13th lol. Even posted here.
Its okay you were scared to post after july and woulda been MIA if this was at 10 lol I'd be mad too bud :p
But thats why you're a peasant :p
Idk what the percentages were but say you opened a short position at 5 where it sat most of the last month + this month...
You're talking about almost 2 months worth of borrow fees for 32% if you cashed out today at 1.6
Now if you were that guy who started a short position on the 13th at 6.6+ or something you did damn good, but most of those shorts were in it from 3-5.5 not a real win in my opinion
I'd think worse...
You have to remember they're going to dilute to pay bills, so even if it holds 1.5 you're looking at a minimum of 30% drop after that. Let alone if they're quiet on the news which they usually are relative to J&J.
slow news + dilution = .45-.60 my guess.
It'll be fine you got cash to go play again have faith in how you picked gern that got you 30,50,200% profit.
I might be singing a different tune though had I had my 40k shares from the 13th lol
My thinking was always we'd get a continued as usual and the hype that had been 200%+ over months would evap back to 3s/4s as I told friends who thankfully most cashed out when they saw me leave on the 13th albeit in the 6s that morning, was J&J leaving was going to be as shocking to me as the news taking it to 20+ a share...
I thought worst case would just a fizzle post AM news maybe 5-15% at worst and then a retreat.
With the job postings even the talking about Imet in the 13th slides etc. to have them walk yeah I feel like something doesn't add up here. I don't know what it is maybe J&J said we'll give you 7 a share to buy you out and they all said 25+ and J&J walked, No idea.
I agree, but I also don't think he was giving advice, just saying I like the company this was a major setback and I'll stick with it.
I took my big money out so risk just ate into profits a bit (otherwise my original 177k in it coulda really got cracked lmao, god bless my intuition on the 13th lmao)... But I do agree with you that some money moved into other stocks is better than doormat or possibly worse positioned money. GERN longs lost, and thats just the way it goes.
Bears would have remained silent and we'd be at 7-10 right now and holding waiting on the next update, but they won, and if the news is true that it didn't meet their expectations and they walked thats just the way it goes. We all knew what the two flips of the coins were 7-10 or 1-3.
I moved cash into iG_C, NB3V, and 000GEN, and percentage wise if you'd sold that first day anyone who'd tapped out woulda got it all back between those 3.
My advice is if you're finding stocks that are winners more than losers when you lose have faith you'll find ones to easily eclipse those losses, if you suck picking or finding stocks then I guess stick with what you got.
I'd prob dump it if it got back to 2.2-2.5 its a long long long road for them, and I have to think dilution is coming to pay those bills J&J picked up.
lol not a single post on here from you just checked dating back to mid August lol
how'd I get hosed when I cashed out 40k shares the 13th cause I knew that date wasn't going to happen? and took a small L betting the news yesterday :p
Don't be mad you lacked the courage of your convictions with zero posts all through September and only now show up when it went your way ;) (you were right in July fyi you were just scared to post all through August/ September) you'd be MIA again if it was at 7.5 right now on a opt-in lol
Its okay to be poor we don't judge you lol