Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
crazy volume. This is not ihub OTC buying. Someone knows something...
Disagree. Depends on circumstance. With about 5 minutes of trading left a wall which represents over 20% of the day's total volume has literally no chance of being sold through.
yep, 600k game of thrones style wall. Somebody doesn't want this to move north. Going to be really interesting when they let it loose.
They're trying to hold this in the same price channel. Share accumulation occurring.
Finally crept into the top 50 of the most read boards. Once more eyes see the value here this will move into the dollar range.
Let's stick to the facts here, here is what he said, word for word, in his 3/21/19 video:
"Everything they want, we have; we filed the first part yesterday, the rest of it is gonna take roughly a week to 10 days to get. That's why I'm saying 2 weeks"
If it does take him 10 days, plus your estimate of 7-10 days for the SEC to finish up, then I don't see this up list happening within 2 weeks.
He stated 10 days to get this info to the SEC. His two week timeline assumes he can actually get this info in 10 days and then the SEC turns it around in 4 days. This timeline assumes the SEC basically turns this info right around and they like what they see.
I'm not sure what info they requested takes 10 days to get either. Would have been far happier if he was prepared to tell us what they wanted to see. If what they requested was standard, non-issue info, I think he would have told us. The fact that he didn't makes me wonder.
CEO Rossi systematically delivering on all of his promises. CSE will be next and some will regret not getting on the train earlier.
So much speculation in this post...
1. it was listed as a buy trade but you have it as "Someone was trying to hide their selling".
2. "likely an insider, or someone holding convertible securities" - that is pure speculation, you have no idea who it was, nor do I. Could just have easily been a buy.
What price did you buy in at? You'll tell us .76 as you always time it perfectly, right?
Time will tell. If you and your new best friend keep posting it will show you missed it. If you go quiet we'll know you're back in and then you'll suddenly be Mr. positive again.
4.6MM of that number is stock based employee compensation based on STOCK PRICE. This fluctuates based on the stock price.
The try to identify this as normal cost of doing business expense is complete nonsense...but I suspect you already know that.
Two options here:
1. You generally don’t know what this number means in which case you should read up and educate yourself.
2. You are deliberately trying to mislead people on what this number means.
Which is it?
He better have a good lawyer.
Do you honestly think Oracle - a technology company - would partner with a product you could just knock up yourself with a bit of javascript/php knowledge?
Why are you still here? Do you just walk though life putting everything down or do you ever add anything of value to the conversation?
You been keeping an eye on FNH*, John? Looks like it’s about the get current on filings and now has some strong revenue.
Oh yes, this is what we wanted to hear. Get in now, this train is leaving the station for good.
Great post but it doesn’t work for his narrative so he’ll either ignore it or make up something else.
Why? It's not his job. He's a great CEO and I love what he's doing but let's stop thinking he should be reactive on a daily basis to the stock price. His Sheriff speech was a mistake in my opinion. Let him do what he clearly good at: building a game changing company.
If you like the company, sit tight. Hold your shares and you'll be rewarded long term. The CEO of a company is responsible for developing and growing the company. The stock price will follow the success of that long term. If he keeps delivering, the MM's or anyone else won't be able to hold this down over time.
You have a CEO who gives you more information than any other CEO on the OTC. Be thankful for that.
For every sell there's a buyer. Big blocks are being bought down here. So obvious what we're seeing.
Scared retail sellers will be sorry. This is only getting targeted so aggressively by the MM's because it's a real company.
You can clear this up for yourself if you actually do some research.
For instance, those 4MM shares he talks about like they were just sold last week? Well, that deal was done in 2016 when the share price was peanuts.
Check all of those shares he talks about and they check the corresponding share price when the deals were done. You will find all the deals were done at relative prices to the current share price at that time.
This is all know information to anyone who actually reads the filings and there is nothing nefarious about it. Standard cash raises for a start up OTC.
To try and make out that millions of shares are now just being issued at pennies on the dollar is patently false.
READ THE FILINGS.
I hope the CEO and his attorney follow through (as he has done with everything else he’s said he would do) and go after these paid people who deliberately post false and misleading information for personal gain.
So just for the record, since you always post your successful trades. You played the bounce and are out at 2.22, correct?
It's not rocket science. These are warrants from a previous deal in 2016. 6MM shares added to float, not ideal but it also brings in cash to the company and the float remains tiny in any case.
These won't be dumped onto the market, they already have 4MM shares which they've not dumped. If they wanted to get rid of these quickly it would have made more sense for them to unload the 4MM shares at recent prices prior to the exercising the warrants.
This is interesting. Kodiak could be done or holding on to their remainder.
If either of those scenarios are the case, this makes life even more difficult for MM’s trying to drive the price down and cover naked short positions.
The funny thing is, these prices are still a steal. With just the known upcoming joint PR's this is a $5-$7 stock. No one who buys down here will have any regrets in a couple of months time.
Yep, I agree, they're working hard to box it in and then a retail bid comes and splits them open. Beautiful to watch.
Any one listening to Rory on the radio at the minute should be buying right now!
Level II is a thing of beauty. MM's obviously have some large orders to fill and they're stuck. They're already naked short and retail is not placing anything low on the Ask.
They have to fill these orders or they lose face and future orders, but if they fill them at this point they drive the price up and put pressure on their own naked positions as the days to cover tick away.
If news drops on a day like this the MM's will face as bloodbath as they try to cover.
Fun times ahead.
This is huge. Should be the start of the older generation accepting the benefits and hopefully we'll see some barriers to entry removed over time.
You clearly have no idea about this company. I've never seen an OTC company more actively or aggressively going after direct revenue. Maybe you should actually read a little about this company instead of just spouting nonsense.
this is currently a gentle squeeze on the hip, when this finally goes it will be a full on bear hug and tears will be shed by those that didn't cover. They're working hard right now to even keep this in it's current range.
Level 2 is amusing this morning. They're so desperate to keep this down as they cover but the Ask keeps moving away from them. Few people want out. Better cover quick boys before this gets really nasty.
I agree with the sentiment and wish people would stick to posting solid DD and realistic discussions but unfortunately that will never be the case on an OTC bulletin board.
No one should buy/sell stock based on comments here. There is a stack of great DD easily available for FUSZ. Read it. Evaluate the risk. Make a decision.
I’m long FUSZ but accept the swings which will occur as traders flip and others try to influence the price in their desired direction.
Bulletin boards and forums can contain great info and absolute garbage. Almost everyone on here has an agenda, even if that agenda is not nefarious.
If you entered at $1.75 because someone told you this was going to the moon, more fool you. If you entered at $1.75 because you think this is going to $5 then you likely averaged down on the dip and have a cost average in the $1.30-$1.40 range right now.
Level 2 is amusing. No one will sell below 1.15 and they keep doing a couple of token trades at 1.12 to fill the spread a bit. When this runs, it will go fast, they're out of shares.
and there it is:
1500 block deliberately split into two.
Somebody needs some share to cover...
911 share call
The phrase “putting your money where your mouth is” has never been more appropriate.
If anyone needs further proof that this CEO is supremely confident of where this stock price is going then this is it.
Could have taken $500k in cash but instead locks himself in to restricted shares at one of the highest stock prices this ticker has ever traded at!
If you think 405,000 out of 147,000,000 is 2.74% you’re going to need to get a new calculator.
Couldn't agree more. Let's get that RSI down and have a bit of consolidation. Lot's of people talking about being long on here but then they foam at the mouth of at the mere insinuation of a reality check or god forbid, something actually negative.
And congrats to those scooping up shares in the 1.20's, they'll be worth a pretty penny in a few years.
Look, he’s not technically wrong regarding it being overbought. I mean the RSI is through the roof for one.
Having said that, all these signals apply to typical trading patterns and signals. FUSZ is not is not really playing by those patterns due to the constant deals being signed and the prospect of other big deal/uplisting etc.
I’m long FUSZ and here since .10 but people will constantly come in here and apply normal trading patterns and signals to this stock. That’s okay. If you believe in the future of this, just do your thing.
I let 30k shares go at 82c based on trading patterns and I was wrong. I don’t regret it, I’ve more that covered my initial stake and I’m free rolling 160k shares. People will flip this and good luck to them. I for one am ignoring signals in this ticker and sitting on my hands.
I agree the ANDA will likely never materialize. What I don't understand is: if it is dead, how that's not material news and hasn't been released in an 8k?
https://listingcenter.nasdaq.com/assets/initialguide.pdf
Page 9 (2nd standard)
For NASDAQ
$2/share price — for at least five consecutive business days prior to approval, the security has a minimum closing price of at least $2 per share and the issuer has (A) market value of listed securities of at least $50M; (B) stockholders’ equity of at least $4M; and (C) market value of publicly held shares of at least $15M.
In addition, the issuer must also demonstrate that it has:
Net tangible assets in excess of $2M if it has been in continuous operation for at least three years;
Net tangible assets in excess of $5M if it has been in continuous operation for less than three years; or
Average revenue of at least $6M for the last three years.
Listing is not automatic in any case. They have to apply for it and he was talking about 'this year' although he probably didn't imagine he see $2 this quickly.