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I recommend, if you have the funds, stacking the ask and hoping you get filled before the $.0002's are gone. I'm not that patient, but the rewards can be tremendous.
However, if you're like me, smack the $.0002's as hard as you can afford. I'd like to get this ball rolling as soon as possible.
It's mostly fake.
The ask is mostly fake, by the way.
If you look at the level 2, you have the same players on both sides. When that happens it's just a numbers game, and the bid severely outnumbers the ask.
It is just a scare tactic to get the skittish to sell.
That will depend on news.
With hype alone, $OCFN should reach no less than $.0004. That will account for short covering and new buyers.
With news, the sky is the limit.
Should be seeing some volume coming in on the $.0002's very shortly.
This may have Reverse Merger potential.
Reading the filing, $OCFN looks like a good candidate.
What do you mean by m/a? Merger/Acquisition?
Honestly, there's no way to tell what's going to happen here. I've been trading for long enough to know that an R/S isn't always a death sentence. There is still plenty of time for a couple more PPS boosting press releases between now and whenever the R/S is. Even after, many new and bigger buyers will be able to stake their claim in the stock.
So, I'm choosing to stay positive. I have no cause to doubt that the future of $MSPC will be a bright one and I'm encouraging new and current investors to do the same.
Shorts will begin covering tomorrow because we've reached oversold territory. $.0004's will likely see some hits before the day is done.
Plus another 500,000!
Come on, let's see some more action today.
2,000,000 bought. Do I hear 2,000,000 more?
But, the $.0002's are taking some hits now.
Too many holders, though. That number might as well be infinity because nobody's buying.
Should see sells at $.0002 very soon.
Ask is growing.
$.0002's are back.
It's not what I think; it's what I've experienced. Experience goes a long way in the stock market. Just wait and watch.
I think the $.0003's will fall again first, followed by some sells into $.0002.
I want to see 10 million volume today!
$.0002's are about to start taking hits.
Nobody's buying right now. We'll probably see some sells into the $.0002's before day's end.
It's nice to see some volume here today. I still believe in this company. Thank you guys that have been keeping the hope alive.
$MSPC
The ask is rising again on the $.0004's Should see another quick panic sell into the $.0003's, but I don't see this going lower than $.0002 today.
If buys don't start soon, you might see one more round of selling. $.0002's might even show themselves for a bit.
The $.0004's look to be in trouble now too. The ask is almost as large as the bid.
It looks like the $.0005's are going to take some hits. The ask is growing.
I'm guessing many who bought in expecting quick news will cause a massive sell off today.
It has to hold at or above $.0006 tomorrow if the run is to continue; that's where the support is. We should know early tomorrow if that is the case.
That is a scary number. I might take y money elsewhere for the time being.
I'm waiting for the profit takers to take their leave. Then I'll buy in.
You didn't get the point of my post did you?
Thank you Heimie
And your's is just an assumption as well, is it not. We'll just have to wait and see, but it could be a while...
It actually just states that it will happen some time before December. The assumption is that they will wait until the time in which a year has passed since the last R/S, so November is the speculated time frame.
I'd think so too. Anytime an R/S is announced, hundreds of shorts come from all over to be a part of it without understanding the entire situation. It's likely that many will cover once they find out more about $MSPC's potential.
They'll be in for a shock very soon.
$MSPC
$MSPC
Alright, so I read through the filing and here's what I believe will happen:
The R/S is definite. It states that it will occur before December. Since the last R/S was in late October last year, I would expect it to happen by mid-November.
Nonetheless, before that date, we are due for two more quarterly reports. I suspect that revenue growths will be reported and future projects will be brought into focus. It is likely the second quarterly report will happen just fore the R/S so to increase interest going in.
1000:1 R/S means that the minimum that the price immediately transfers to is $0.10. They have stated their reasons for it as follows:
Source: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10767123
My fault. You're correct. I'll fix it.
$MSPC
My far-fetched thought of the day:
Maybe $MSPC announced plans for an R/S in July, knowing they won't get approved, to increase the amount of shares sold by shorts. This would, in turn, increase the likelihood for a massive(and I mean massive) run when the R/S is cancelled due to 100's of millions of shares being bought back for short covering.
Just a thought...
I'm going to eat all the chocolate I can find in the mean time.
Good luck for those loyal to $MSPC.
Time to wake up people!!!
We're so close to #1 on the Breakout Board.
$MSPC