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NOT LIKELY. BUYER BEWARE!! This will tank tomorrow, mark my words. This news is nothing to sing about, thats for sure. Another OTC acquisition. Who flipping cares. The market and rising PPS reflects REVENUES AND PROFITS! Zero information was released regarding that, which points to the fact that they will DROP A BOMB in the 8-K, reminiscent of Hiroshima and Pearl Harbor. Don't say I didn't warn you!
LOL I can tell. The news is nothing -- an acquisition which WILL be paid for via stock options and notes. Just watch. No different than any other pink sheet OTC.
Should I even point to the obvious fact as to look at the price action after news release? LOL HAHAHAHAHAHA. Speaks for itself
Who here see's a runner this morning?!
Only 1 million shares? If this POS was worth buying I would bet you 5 million But any bet on this stock is the same as a big pile of cash thrown in the fire.
What a joke! Can't even hold a 30% gain. LOL kiss this one goodbye!!! Looks like another day at 50% in the red
Yup. Squeeze wont happen without buying pressure from bulls. Buying pressure will be absent without a catalyst. Not seeing a catalyst here. Next PR is 2 weeks away. Should see another drop in the AM, although definitely not even close to Friday's drop.
Hey SGREG, new investor here. Might sound ignorant, but could you give me a basic synopsis of the implications of share structure and what it means really? I know the definition but am not sure how to apply it. Feel free to public reply or PM me. Thanks a million!
It's possible. Anything is possible in the OTC world. Just don't be surprised when you see this revisit the .00s before it runs again. In the penny world, people don't hold and wait for financial statements, which is what this is hinging on. Increased revenues and decreased debt, which will take LOTS of time....minimum of 3 months according to the CEO. People won't wait, and thats a big reason for the 58% drop we saw Friday.
You do realize that paying off Tarpon (debt) means dilution, i.e. PPS will go down? Am I the only one that seems to realize this simple fundamental fact, amidst everyone thinking this is going to fly to the moon while they are paying off Tarpon? Come back to planet earth people. STOCKS DON'T RISE DURING DILUTION! DILUTION HAPPENS BECAUSE SHARES ARE BEING LIQUIDATED INTO THE MARKET FROM NOTES (DEBT). OMG I feel like I'm taking crazy pills reading this forum
interesting. What is the deal that is supposed to be inked on 6/30?
Can't really do that when it wasn't even on my radar, now can I? As any new investor would, I'm asking what the POTENTIAL upside here is. Don't want to share that info? Fine no problem. To each their own.
So speculatively speaking, they are sitting on a mine with a reported $141 million in raw ore, but haven't started extracting it as of yet. They will need SUBSTANTIAL financing to get a functioning mine up and running. Assuming they can capitalize on this, extensive notes will be issued, I am assuming. Any speculation on PPS if they can extract the copper here?
Sorry I'm new to stocks. What does you mean by "R/M play"?
Any speculation as to when? Obviously no one knows exactly, but any theories out there as to a ball park time frame?
What catalysts do you speak of here? Nothing is in the pipeline
You're missing my point in that with over a million dollars a month in revenue, this SMALL business can't turn a profit and continues to lose money, hence more notes (debt) must be issued to keep the business alive.
A PINK SHEET stock with $1 MM+ in monthly revenue is so rare, and the fact that they are still red on their balance sheets is a HUGE PROBLEM. If there was something to this company, their PPS would have risen well above $1 A LONG TIME AGO. Sad it took me this long to realize this (2 days). So your previous scenario you presented is one and the same.
HYPOTHETHICAL SITUATION:
Calling all traders for an unbiased opinion on a hypothetical situation. I have a "friend" who is ALL IN on RXMD. Many people here have positions in both RXMD and DNRG. If this applies to you, would you sell out your RXMD, even at the 58% loss which happened Friday, to buy in DNRG and stay long term?
Help out my friend, tell me what you think!
IMPERIAL -- I don't have private messaging but can you PM me with some advice. I am currently in RXMD. I see you on that board too, so I'm assuming you have a position there as well. What are your feelings on the long term success there, specifically, compared to DNRG?
If you were all in with RXMD, would you pull out, even with the loss, and dump it all into DNRG, based on what you know and feel about their pending government contract and ultimate long term success?
Any thoughts on the situation are welcomed. Thanks
WOW -- just reread the PR
These guys mean business, and this is so far from a scam/pump and dump, I can't even believe it. I feel like the crash today was a combination of a short attack, panic selling, profit taking on a friday, and insiders getting MMs to manipulate the price to a level where they can truly capitalize on the after hours PR that they all probably already knew about.
Some major takeaways from this PR:
- multi year initiative / deal
- GUARANTEED REVENUES AND FINANCING, from the government no less
- direct connection to Obama and the US government
- providing power to over 800 million people, all guaranteed in a contract
- DNRG is partnering up with some serious MAJOR players in this space and the business world, such as GE and Goldman & Sachs, just to name two
BOTTOM LINE IS THIS: DNRG will be given everything they need, including money, handed to them on a freaking silver platter, which will ultimately transform them from a nothing penny stock to a MAJOR PLAYER IN THEIR FIELD overnight.
The more I read this, the more I can't believe what I'm reading. This is so incredibly rare to happen to a stock in the OTC space. You people don't realize how monumental this is. Whatever the price is at open, BUY BUY BUY BUY and then BUY MORE -- 2 years from now you will wonder how you were such a fool if you sit this one out. My decision is made. See y'all in the Bahamas at my new beach house in 3 years!
CRAP! What to do? I sold and jumped into RXMD, riding that wave into close Thursday and then they just tanked today with a 58% loss. I am overall in the red, losing all my profits from DNRG and RXMD.
What to do now? Do I sell at opening bell, locking in that 58% loss and then jump back into DNRG? Whatever I do, I am there to stay. RXMD is announcing record revenues, which could be a game changer, but after reading the latest PR, I honestly believe DRNG is the real deal and over time, 2 years or less, we will no longer be an OTC stock. You don't get a game changing scenario like this but once in a lifetime. I feel like passing this up would be like passing on YAHOO when it IPO'd. Thoughts?
WHAT WOULD YOU GUYS DO? Any and all suggestions are welcome...
My observations are facts that happened today and are currently happening. Take a look at the posts from a day ago. Where are all the iHub big boys saying this is going to the moon? Take a moment and think for a second. Why do you think they started pumping this so hard AFTER the 600% day increase? They needed buyers for their shares they dumped. When the buyers didn't show, they dumped on the bid and lo and behold, the stock crashed, and it crashed hard. You know this is the case, so why are you trying to cover it up? You still have shares to sell, I assume?
ONE VITAL OBSERVATION:
All the big money guys pumping the hell out this are gone, like IMPERIAL DRAGON (money made)...
Where did you guys go? Oh...that's right, silly me...you guys are the ones that dumped your millions of shares on the bid today, crashing it over 50% in a single day. Even for a pump and dump, a drop like that is absolutely insane.
My faith in this ticker symbol is basically gone. The big guys pumping and supporting this have disappeared. Buying pressure is gone. I think this will drop another 20% on Monday...I should have sold and taken my loss, licking my wounds on the way out instead sticking around hoping for a bounce that didn't occur. There is no bottom here. Every "support" level failed. This will crash back into the .00s. That's where it came from and that's where it will return.
Any comments or rebuttals? All input here is welcomed.
Remember folks, its FRIDAY. Profit taking WILL be happening, but seriously get some balls and KNOW WHAT YOU FREAKING OWN! Do some DD and you will see this company IS legit, and revenues are off the charts for a company trading at these levels. GET IN OR GTFO, but stop crying about how you think this will tank. Not selling til .20+, and this ticker will see those levels. JUST WATCH!
If you're smart, you will hold or buy at these levels, assuming you have powder to do so. THIS WILL BE AT .06+ END OF NEXT WEEK. MARK THIS POST and believe it, or get lost and cry when you think about how much money you DIDNT make
LOL if you think you will get filled at .02 you're nuts. This is NOT a P&D> Real revs. Real company. The revenue alone should put this at $0.15 a share. Your buy order would be nearly a 60% drop for the day. Won't happen dude. Keep dreaming
This will not see .02s. You guys are delusional, and trying to scare new investors! Buy these dips, they will be gone soon!
Golf boy, you are not in yet?
AMEN. Clay your videos show us nothing that anyone with 2 eyes can't see. I am honestly curious...WHY DO YOU POST YOUR VIDEOS? They have zero benefit whatsoever. Your services suck and so do your charts. Don't you get it? PEOPLE HATE YOU!
MASSIVE REVENUES! MORE NEWS COMING IN 2 WEEKS ABOUT EVEN LARGER REVENUES!
SAY WHAT HOMIE?!?!?!?! $1 MILLION in revenue in the month of May alone! This should be trading at $0.15 / share just based of the stated revenue, not even factoring in market multiples!!!!!
YOU DO THE MATH AND DECIDE WHETHER OR NOT YOU SHOULD BUY, but I will add this disclaimer: All those who feel this isn't a good buy need to drop whatever they are doing right now and go get to the ER to be assessed for a traumatic brain injury!
metaphorically speaking, not literal. Yes the gap is way down there, and this will never retrace that far unless massive dilution hits. A healthy pullback from the constant gains are needed along the way to continue upwards, and this chart is picture perfect in that regard. GO RXMD!!!!
Classic retrace to fill the gap, and then continuation of an upward trend. CLASSIC HEALTHY TRADING! Look at the 15 minute chart. It's so beautiful it brings tears to my eyes.
HOLDING .17 LIKE A BOSS! What a beast this one is
This is the real deal. CONGRATS ARE IN ORDER because you are invested in an OTC company that just made it big and hasn't been uplisted yet. A rare gem we have found here, folks
SICK SICK SICK!!!!! Just topped 300K in profit off this beast, and yes, I will be purchasing a new ferrari, in CASH!!!!!!
LOL it's not even possible to fall greater than 100% of the stock price bahahahahahaha. Your Credibility just fell 983726378% to ZERO ahahahahahaha
You can't run before you walk. The better question you should be asking is what about that PR points to substantial efficacy findings?
They merely added some personnel to their advisory board, nothing more, nothing less. Bet the farm on that if you want, but remember what playground you're in. Substantial efficacy results will no doubt bring wonderful things to this stock, and I would even venture to say that the big gain people expect here won't come from that news. It will come after when PPCH becomes acquired by another much larger corporation, or something similar.
WAITING ON SIDELINES and here is why:
IF efficacy news hits, this will run hard, and you can buy into the run, thus eliminating SUBSTANTIAL RISK and still maintaing most of the gain. The gain will not be instantaneous, as it will take at least 1-2 days for the news to fully circulate.
IF news is bad, this will drop harder and faster than you can imagine. You won't be able to get out in time. I sold a few days ago and am patiently awaiting efficacy news.
MEANWHILE....AMDA is killing it with FDA approval for their drug already in other countries. Stock had massive gains today, with $!+ in the very near future. FDA approval is expected anyday. Take those profits and roll them into PPCH. Timing is perfect for this play.
chart is signaling a sell right now. This will drop lower. Putting my bid in for .055. See y'all there. A healthy retracement is necessary to fill to constant day after day after day gains with no drop. Sell now and get back in later.
Just cashed out of PPCH today. Looking for a new play and obviously this caught my eye with 2 consecutive days of 150%+ gains. I am looking for a reason here for such ridiculous gains and can't find anything substantial enough to sustain that price increase. Care to fill me in here, or shall I assume this is another stink pinky?
can someone fill me in on what is going on with all this crazy price action?