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Not sure if everyone remembers a poster yesterday saying he had a very large order at 5 that was partially filled and brought down the ask. He went on to apologize for the giant bid whack but thought it would run after his order filled. Hmmm, wonder if he is getting filled now.
In my opinion, yesterday should prove to be a healthy consolidation day, and this will move quickly back to 7s. The surge past 7s will be crucial to get this rolling again. I have very little doubt this is just the start here.
Not sure what this means exactly, but your original point of 'you CAN NOT' short pennies is still incorrect.
Look people I am in no way blaming the cost fluctuation here on shorting. But it can and does occur, not to the extent that some on here claim, and not by the common investor.
No it doesn't make sense, unless you are a market maker and looking to make money both ways. Most firms dont allow shorting of stocks under .01. There are some out there who do it, but it is risky and in general doesn't make alot of sense. Now if this runs big, shorting eventually would be a no lose idea.
Actually market makers can short penny stocks and do it all the time to keep the market running smoothly. The average investor can't short micro caps though you are right.
How can anyone really answer this? The best answer anyone could give would be 'we should' or 'good chance'.
Not to worry, the buys at the ask outnumber the bids today, we have a little dip, same thing happened at the 6s. Think you might have commented on that dip also.
Should be time for a good bounce. Any kind of update and we could see a large bounce which could lead to an actual run. Better days are ahead, thats an easy prediction, things haven't been to positive here but time to turn that around.
The name of the game here is speculation. Right now you couldn't ask for more than what we have here: we got the volume, the groups behind us pumping this up, and we got consistant prs coming in. Moving forward if this keeps up, things will move faster at higher levels and this could be a real runner. Lets do this.
While you are justified in your dislike of name calling, I am not sure how you can call what they or anyone here for that matter is saying 'obvious facts'. In fact rarely will you find obvious facts in the micro cap sector, this is about speculation.
How? Unfortuantely there is really no accountability in the world of micro cap stocks.
This should very well be true, it is one of the only penny stocks with substantial revenues. However, the peeps that run the company are gonna have to change there greedy methods and allow this to run without constant dilution.
Spoke a little too soon there, nice try though.
This is exactly the kind of day I was hoping for, lets finish at 7 with 20 million more on the ask and we will be set up nice to keep this thing going.
Just wondering what work stations you speak of and where you are getting this info? Would love this to be true of course, just curious as to your source.
Good to see some volume here and energy on the board, this stock will move sometime and when it does it can go pretty quick.
The buying pressure was strong this morning, and right now there is a standoff in the 5-7 range. There are multiple possibilities for this including profit taking and mms shorting orders at the bid. Also there is a temporary lake of ask pressure which in no way shows dilution.
I respectfully disagree with your personal opinion.
Am not sure there needs to be such an ultimatum placed on todays trading, this seems harsh with the kind of attention this stock has been getting.
Why must you consistantly assume dilution, is that the only thing you can come up with? No possibility of people selling? Or naked shorting, I mean they only naked short about 500 million this week.
We will see how big it really is.
A good day would be to get some solid hits at 7 (maybe 30 mil at least) and establish a base at 6, thus setting up a new entry point going into next week. This happens, and we have ourselves a good day.
We are now trading at 3 times the pps we were last week before the merger news, with much more real interest and many more possibilities for growth. The initial push up has closed and now we are looking at a steady rise, which is much better. If this can finish up a tick consistantly, or at least have ask pressure, we are in business. It will move quicker down the line.
It opened at 7 for a second and came back down. Buying at the bell on news always does this, it is better to wait for a half hour to see where things settle.
Look if what you speak of wasn't ok, then there would be no penny stock market. If you are so easily offended by pumping of a stock, this is not the place for you, look around, you see anything on these boards supported by hard scientific evidence?
Thanks for clearing that up by answering a rhetorical question.
Yep, this is the single worst investment I have made, it has really been a slow downward spiral. Hopefully, that will turn around soon, its gotta right?
Well I am not so sure about one of those two who consistantly makes claims of an 11 billion os and massive dilution.
Which wouldn't include any of the volume from this week yet.
You are right about that, this will run again and probably higher due to the higher entry level of many here. And as with most pinkies it will run on hype alone. The unfortunate reality, but hey at least we know it will run again, so don't sell down here,its a bad move.
The other question of interest is where are all the posters that were making those claims today? Most likely on a different board making the same claims and buying in with the money they took from the people here. Still have faith here eventually, but for now the pumpers have taken the money and ran.
At least 20% of the available shares have traded hands here in the last couple days, and all the new holders are in for higher than the current pps. Once the panic selling subsides we will be able to move quicker than before, as long as the panic selling actually does stop. So STOP panic selling.
It seems to me that the pps is still as it was at close yesterday. I am not sure where you are getting the whole 'crashing down' thing.
Yes, and it is clear that many want to flip this over and over due to the large amount of irrationaly negative posts. Everyone needs to do what they do based upon DD and not the sentiment of the board.
Well I see your claims are well supported through extensive research here.
This is true, often a stock will not run as much on giant volume days as it does on the lower volume days immediately before or after the huge volume day. I expect modest gains today and a close at 7 or 8.
Not sure about that, way too many people bought in at higher levels yesterday. We shall see.
Look everyone needs to chill, this is going as expected. The gap has been filled, now we will see which direction this is gonna go this afternoon.
I hear 50 cent is all about NWTT.