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IMO one would have to be nuts to sell into the close...
announcement will be any day now and is why we are all here in the first place.
maybe you should pay em a visit subs ;) lol
When is this news a comin????
if we dont get it this week methinks there will be another buying opp in the low .05s to high .04s again which i am also ok with.
It may be a small amount of money in the grand scheme but if you rana small company and had an opportunity to legally take a couple hundred grand you might just do it ( not saying you would and i certainly wouldn't) but many people would and do.
Any time you see a pinky with that many A/S watch out... they will issue those shares.
Check tomorrows volume and you will see...it will die. they just did a 3 day promo..and the volume...40 mill shares = about $170K...not that significant
Exactly how these things work...Now everytime they get a little action and get some volume cookin they will sell more shares and hence use this as an ATM machine. They have no desire to ever take this company anywhere no matter how good the tech is. They don't care about the shareholders. Any company that does a promo like this does not care about shareholders tehy just want to steal your money.
This is playing out textbook... so people thought .004 was the bottom so they sucked in a few buyers... now the dumpers have more fodder and will dump another 10 mill or so back down to .0039...watch and wait
Seriously People need to know this stuff!!!! PnD all the way.
If you ever get a newsletter pumping a stock this is exactly what has happened.
Market365 is a media and advertising firm that is compensated by the companies profiled in our newsletter(s) and/or on our website(s). Compensation is received in cash via bank wire transfer. We never receive compensation in shares. ?All compensation is disclosed on our newsletter(s) and/or on our website(s) in accordance with section 17 ( B ) of the Securities Act of 1 9 3 3. We have been compensated seven thousand five hundred dollars cash via bank wire by a third party non-affiliate (yea right), EAG LLC, for this ad campaign of Neah Power Systems, Inc. We do not own any shares or hold any positions in Neah Power Systems, Inc.
third party non-affiliate?!? HAHAHAHAHAHAHAHHAHAHAHAH....wait....HAHAHAHAHAHAHA
here is what happens...they pay these slimeballs to promote the company so that they can generate some volume to sell millions of shares and cash in. If you own 50 million shares of a worthless shell company and need sodme cash OR you have Authorization to issue more shares you pay a few grand get some interest and dump like there is no tomorrow!
So the buzz they created this morning had the premarket at .0067...now they have managed to dump 21 million shares and this is now down to .0041...so everyone who bought this early lost about 40%
Also do NOT think that it will just bounce back...it might make a dead cat bounce when they pump it again but generally by the time you see the pump it is already at the highest point. This will be around .002 by next week.
I can see .0015 in the next 3 weeks especially when they begin to cash in and dilute until they go bankrupt
People bought last week at .08-.135 and maybe even higher! how do you reckon they feel down 70-80% already?
Right so when they have 100 Million shares O/S you get a share price of .0013 for the current market cap... So even if the market cap appreciates 5x you are at .0065. And that is IF they only dilute that much. LOL this is a joke! I only post these things because i have been in a lot of these in the past and do not like to see people caught in BS hype and PnD scams and lose their hard earned money to pieces of $hit that run these scams
How do you feel now with those 500 Million shares authorized??? gonna be sub penny
YUP! this will be a sub penny stock in a matter of months... maybe sooner. This is an ATM machine for the BOD. I called this a while ago. Playing out exactly as expected. Notice how none of those nice revenues are passed on to the shareholders. only more dilution and more debt taken on
People bought around .10-.13 last week and you think this thing is good still??!?!? hahaha sure it might pop up a couple cents on 100K shares and then ONE person will sell 50,000 and back down it goes.
This thing has zero liquidity and is the biggest dog i have ever seen considering the news. wake up people there is no money to be made here even if you get a pop you wont get to sell your shares because there aren't any buyers
If they are making so much money then why is the market cap a fraction of revenues? Why do they keep doing splits? they can report anything they want but they are not regulated and can also make up whatever they want.
reverse split for no reason shows that they treat this like a cash machine.
Also the company is a scam...treating this like an ATM machien..i hope some people listened to me when it was at .10+ to GET THE F out! people who run these shell companies are the scum of the earth and the boiler room operators who promote them are not any better IMO.
see this type of crap on the daily and it is unbelieveable that these things still happen. if you ever make a 20-30% profit on an OTC take the money RUN
Rather comical how we go from .027 to .064 purely on LDM news...ontop of this we get ADL update and a positive one at that and we get minor sell off...hang in there longs! i for one am appreciative of this chance to add more...
always ask yourself what changed from yesterday to today to justify the movement...
Another pump? we just got a PR on LDM...a real one that everyone can see... it is not hype it is real...we are now starting to get some revenue and a rough valuation was done on LDM...that part could drastically change but MDMN is making money.
p.s aza if we got a 10 million share day we could end up quite a bit higher.
;) gotta be right once in a while!
Heeeeere comes .05! by 3:00 i say we touch it
Yeeeeaaaaaa!!!!! She's running and she ain't gettin tired yet! Gotta love it! .05 today nevermind end of july!
Hey Subs and Aza...hope you guys picked some up in the .02s! i wish i had grabbed more but this is still a nice discount for what i to come. We shall be rewarded soon!
WOW TOUGH CROWD!
these guys cant tell shareholders anything without getting crapped on... This is excellent news and clearly shows the company is moving forward...those cash flows are nice! could be a 10 bagger based on LDM alone and get to $1 on ADL + LDM + Gold Rush
Stop trying to fleece people....WAKE UP EVERYONE. when $3000 in trading activity can drop a stock 26% THIS IS NOT GOOD.
this is SO EASY to manipulate by anyone who has a $25000 or more account. I called this exact move a few sessions ago...I cant believe it held up this long
Many people here waiting for them to hire a CEO...wonder what negative things they will have to say about this update.
guys there is no D up...there is no interest in this stock...look at your volume! anyone on this board could have created the same volume probably by themselves! NO LIQUIDITY = EASY SCAM TARGET
nice trade jay
If the public really cared or this stock was legit it would have way more than a couple hundred thousand shares traded. seriously guys come on a .10 stock and what $25,000 worth of buys brings it up 50%?! somwthing wrong with this picture, the dumping hasn't started yet and when the volume gets in the millions it aint gonna be from buying...
this has very low liquidity and is very easily manipulated by MMs...right now they are just allowing people to ride the hype and buy in at higher prices before it crashes back below .10 (one guy could probably do that with a moderate sized sell)
Gold is artificially tanking....China and India are buying it up during this period...they know what is going on. Whether true or not a strong Chinese Presence doesn't surprise me at all.
Maybe they are being compensated shares to dump as they have no itnerest in holding them...if you don't wanna get burned on this it is a buy between .008-.009 and you can flip it for .011-.014
that is all it is good for... If this mine was really legit, with the current market cap it would be snatched up right away. They also will never be able to fund a drill program so how did they get all of these estimates? For all we know they drilled a couple little test holes for a few grand and then multip-lied the results by the entire property they have.
If they can identify a resource estimate then where is the drill map? core samples with depths or grades? etc.
compare this to Venture exchange mining companies they show drill plans, intersections, maps, etc.
ADL NEWS POOL...
Might as well have some fun while we sit in the .03s waiting..
Post your predictions for the ADL news update...
Mine is Monday July 15th.
Winner gets a CAKE !
No one can be sure but I sure like them odds!
I am continuing to add a little each week
Yea that makes sense if people who aren't involved noticed surely they would sell all the shares they don't own.... REALLY?
if it goes down to .01 at these production levels i would buy everything I possibly could.
Well now the bid is .08 and all the pumpers are gone...
looks like this fish is dead
yea you will be lucky to seee another pump i would get a sell order in at .14 or .15 to be safe and hopefully it hits...don't do All or none either...
what it mainly comes down to is 90% of these OTC market companies are shells and set up where the BOD will have anywhere from 50-90% of the O/S ( from what i can see) and they pay for these promos to dump them. If you want to trade OTC make sure to check the financials and see how much cash they have on hand. NO CASH usually = trying to raise it via pump and dump.
I think it will get a bounce back to the .15-.20 range but who knows when (whenever the MMs decide to let it go and then they will bring it right back) and there is almost ZERO liquidity here sooo i hope you didnt buy more than 10,000-20,000 shares or you might not be able to move them. This is a dud. company has a good system and idea but unfortunately is on this pirate exchange where good is bad and manipulation and MMs are king
You call that a gap"??? its not a gap the stock just has no liquidity...i dont have level 2 but i bet you right under that tiny .14 bid the next is a couple cents lower.
Absolutely as 90% of OTCBB stocks are...
This one is interesting though...if you can buy below .15 you can most likely sell it close to .20 (mind you volume is too light to do anything significant but you can make a few bucks on quick flips...just DO NOT get lured in to the $1.00 hype cuz that ain't gonna happen in your (i can say this in a general sense because it wont happen in any of our lifetimes) lifetime.
Also look at the financials of this company...YIKES...as many of them are...
one of my favs is TRLR... apparantly they have $2.9 billion in estimated resources and are planning on acquiring more property....the only catch...they had $523 in the bank! HAHAHA
You got it wrong... the HFTs put in bid/asks and can pull them in 2 milliseconds making it look like there is more liquidity than there is... They put in fake bids and pull them as quickly as they are put in to cause other investors to up their bids and they follow it up not necessarily buy or sell each time. This is why there are huge gap ups and down in a matter of seconds. The volumes dont jusitfy the moves think about it.
Really? Why dont you look at the daily charts and watch the manipulation?
75% of all trades on major US indexes are HFT... as a human you cant compete with that. These algorithms calculate how to take you out and hit stops then buy it all back... go look at the daily charts before you think its so ridiculous..
a 10 point drop in the SnP in 3 seconds is NOT normal...especially when 3 seconds later it rebounds 9 points...these are calculated moves by programs to cause panic and take out stops