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If you are going to make condescending remarks, especially those including intelligence—at least keep up with the conversation. The first comment about CYDY implies you are not.
Reminds me of a Gervais quote,
“When you are dead, you do not know you are dead. It's only painful & difficult for others. The same applies when you are stupid.”
$GGEI, took a month but tripled today...
I went back and looked at volume in 21, here is a chart with OTC in billions, for reference last month OTC pulled in 45B, it will be interesting to see what May is. And the second is a 5 year chart for IWM, a ETF for Russell 2000 small cap, which to me looks to have been consolidating since 2022 and now is testing the top of the range of that sideway movement for 2.5 years. If we get a breakout and move like 2020-2021, I am guessing, it would bring back the volume and maybe the market is anticipating that happening right now with these supernova spikes in small caps. Just some opinions...
[quoteThe real question is whether or not we'll see a reputable partner step in, per Jay's comments. That would be the big][/quote]
Agreed, you have to see something substantial like that to see a continued share price increase beyond riding the current small cap stock upward trend-- that only takes you so far.
But, the liquidity issue has peeked my interest, this is by best month since 2021, so I will research it a little when I have time this week. Covid played a big role, but also the bull market spread out from large caps to small caps, and the small cap bull hit 2021. Small caps haven't done as well since then compared to large caps, interest rates a factor many think. We could be seeing a similar bull spread out to small caps now. But numbers are needed. I just checked and and last month OTC did $45B in dollar volume, up 50% from the $30B April 2023, link below. Not surprising I made 50% more last month than April 2023 trading, liquidity = money in my case. That number is climbing, but I don't have the 2021 numbers to compare. It would be interesting to see a 2021-2024 monthly $ volume chart for all OTC. Then we can visually see what is happening, and how that trend is progressing, and maybe help people make a little money for those paying attention to the trend if indeed we are at the start of a small cap bull run or middle etc.
https://otce.finra.org/otce/marketStatistics
You might be correct. Volume in OTC comes and goes in cycles, the 01 was the biggest spike from all the Covid money and people with free time. This is my biggest week since 01 trading. Hopefully this wave is just started and continues for some time, as people make money, they roll it over in other stock in the FOMO mania going on right now.
Stocks under 20c with premarket volume over 100k ranked highest to lowest
$PEGY, $SINT, $NBY, $SLNA, $SCPX, $CYN, $AGRI, $VHAI, $BSFC, $KTRA, $HLTH, $ASTI, $SMX, $VERB, $BURU, $KITT, $CEI, $BIOL, $OBLG, $SVMH, $PRST
After the AMC and GME run this week that Zach Morris started two weeks ago, that Roaring Kitty ignited by liking his post, after his discord group loaded . They are running small cap tickers, anything under 10c ran, like FFIE 4c to $2. Or CRKN or KXIN or AKAN or GWAV running right now, etc. if this plays out like 2021, they will start running OTC tickers next, trips, then pennies, etc. I remember back in 2021, there wasn’t a single nasdaq small cap under $1, because they ran them all. No trip OTC, etc. Anyway, to be short any ticker right now before we see how this plays out is dangerous imo.
Just saying…
It will very likely be a NT 10K with the SECs blessing since they banned their audit team right before it is due. Think people, goodness.
$ILST .0027s, RDGL .23s
That stinks. I was wondering what happened with stockcharts and ihub. I post live charts just so I can go back and pull up the post to see how it is going. It will be nice to just look at the IBOX. I didn't realize you were in this. I don't read the boards as much as I should. A Lot of people here I follow I noticed though as I have read a little, which makes it an interesting one for me.
$NILA, crazy move on news today.
$NILA
SNOHOMISH, Wash., March 25, 2024 (GLOBE NEWSWIRE) -- via IBN - Nilam Resources, Inc. (OTC PINK: NILA) today announced that it has entered into a Letter of Intent (LOI) with Xyberdata Ltd to acquire 100% of the common stock of a special purpose entity, to be established under the name MindWave that will hold 24,800 Bitcoin. Nilam Resources, Inc., will issue a newly authorized Preferred Class of Series C Stock in in exchange for 24,800 Bitcoins at a discounted rate relative to current market prices.
Nilam Resources, Inc. will acquire 100% of the capital stock of MindWave, a special purpose entity in Mauritius, which will hold digital assets including 24,800 Bitcoins and other assets. These assets will serve as collateral to raise capital for investment in high yield generating projects.
The acquisition marks a significant strategic milestone for the Company and represents over a billion dollars in digital assets. "The Company and team have been working diligently over the last several months to finalize all agreements and due diligence necessary to proceed to a legally binding Letter of Intent (LOI)," stated Pranjali More, CEO of Nilam Resources, Inc.
Nice news, first Dr Jay and now the hold lifted... things looking up for CYDY in 24.
Interestingly the webcast is during stock hours this time.. you get to see the stock price react in real time I guess.
https://www.otcmarkets.com/stock/CYDY/news/CytoDyn-Announces-FDA-Has-Lifted-Clinical-Hold?id=431943
CytoDyn Announces FDA Has Lifted Clinical Hold
VANCOUVER, Washington, Feb. 29, 2024 (GLOBE NEWSWIRE) -- CytoDyn Inc. (OTCQB: CYDY) ("CytoDyn" or the "Company"), a biotechnology company developing leronlimab, a CCR5 antagonist with the potential for multiple therapeutic indications, announced today that the FDA has lifted the clinical hold on leronlimab. The Company is now free to proceed with its proposed HIV clinical trial exploring leronlimab and its effects on chronic inflammation.
CytoDyn's CEO, Dr. Jacob Lalezari, stated, "We are excited that the clinical hold on leronlimab has been lifted by the FDA. CytoDyn is grateful for the FDA's guidance on our protocol and we are excited to open a new chapter in the development of leronlimab as a therapy that provides clinical benefit by modulating chronic inflammation."
Dr. Lalezari will host an investment community webcast to provide a Company update on Tuesday, March 5, 2024. The update will include a discussion about the Company's clinical trial goals and expectations, upcoming publications, and overall development strategy moving forward.
Date: Tuesday, March 5, 2024
Time: 9:00 am PT / 12:00pm ET
Access: https://event.choruscall.com/mediaframe/webcast.html?webcastid=KP5IRea9
This is a livestream presentation. Participants are encouraged to login early prior to the start of the event. The replay will be available approximately 60 minutes after the conclusion of the webcast and can be accessed via the above link until at least April 5, 2024. The Company will not be conducting a Q&A session on this update call. However, please feel free to submit your questions to the Company via email to: ir@cytodyn.com.
EGOX now running after hours
$AEYGQ, $NVIVQ, $MDVLQ, new bankrupt stocks today in OTC.
Someone shorts these the day before and covers on the open. I need to get an IB account for that, very easy money they are making. Notice OTCN is on the bid all all three, someone with an IB account is covering their short with the big drop this morning. Anyway, these new OTC tickers are usually are tradable for a week or better as they bounce around in price and volume heavily.
Fed Decision today. I believe the market has priced in cuts too quickly. It will be interesting to see how it reacts if the Feds give hints of that. Maybe get a short term bearish pivot today at 2 pm. Or continued spike if fed agrees. I got a few very cheap SPY puts yesterday, so I am betting on the first. And I won't lose much if I'm wrong. Either way, it should be a huge volatile rest of the week, I believe, for trading.
I post charts here for future reference (the chart will automatically update daily). Nice 8x34 crossover on most of these recently.
$RADCQ (i've traded this one a lot)
$KRBP (I've traded this a lot also historically, but forgot about it recently).
$GRTX
$VLCN
$TCRT
$BHIL
$TPHS
$BURU
$MULN, traded this one a lot also, one day I am expecting it to take off
Biggest Volume 1/12 .001-$2
Interesting chart action on CRGE, IGPK, VLCN, SPZI, SVMH, BURU, IPIX
$CRGE--461M
$IGPK --155M
$VLCN--135M
$INPX--134M
$BCEL 129M
$NKLA 105M
$SPZI 100M
$AITX 87M
$CRCW 77M
$NVVE 64M
$NSAV 55M
$GOEV 53M
$JAGX 53M
$MIMO 52M
$ABQQ 45M
$UCAR 38M
$BEGI 37M
$DNN 35M
$GNS 31M
Other big gainers 1/12 under 30M
$SVMH
$BURU
$IPIX
$KHRNF