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RSI is lower, but I wouldn't call it a reset. I can see a dip in low to mid 5's. I'm ok with that because when more news is dropped this week (imo), it'll fly with the flippers and profit takers out of the way.
I'll be hitting the ask first thing Monday. I won't be waiting for cheapies.
It could go either way. Last minute sell on Friday, but buy signals are still strong. I think we have some more news coming next week.
Either way, I'm hitting the ask for more shares. I'll try to do my part.
I can't stand arrogant traders who brag about how good they are, how many followers they have, how much money they've made. Blah, blah, blah. I mute those narcissists.
Bags? My cost average is .0014. And you are arrogant and I’ve muted you.
If he gets shares at a bargain, more power to him. The price action, however, is organically strong and it might be risky for someone to wait out a lower entry point.
Tomorrow might be the best and only chance for any last cheapies.
This company will dropping a PR soon. We also have a shareholder's update coming any day.
I wouldn't count on 5's. Good luck though.
Just in case you didn’t. ;)
Every time this thing dips buyers are there scooping up the treasure. This on low volume and still under the radar.
Penny is not far off. If not Friday, early next week for sure.
$SMCE This is one strong stock! this one is going places, folks.
This won't slow us down much. SS still gonna be looking good.
$SMCE:
— TheStockGuru (@TheStockGuru13) July 3, 2024
Convertible Note
Due Date
6.30.2024
Amount
$89038
Conversion Rate .00084
Common Shares
105,997,619 pic.twitter.com/HBtwXPCRjJ
🚨 $SMCE ? Pink Current
🔑 AS:3.00B ? OS:1.28B ? R:708.01M ? UR:576.69M ? DTC:565.93M
✨ Held at DTC Shares Updated:
- 🔴 From: 501,934,722 (501.93M)
- 🟢 To: 565,934,722 (565.93M - 7/2/2024)
(Diff: 64.00M, % Change: 12.751%)
$SMCE Seamless rollout coupled with heavy promotion ensures our success.
Subscription model enabled free trial now with Sign Up ... more developments coming soon.. stay tuned, and have a great 4th .$SMCE Erik Blum
Subscription model enabled free trial now with Sign Up ... more developments coming soon.. stay tuned, and have a great 4th .$SMCE
— Erik Blum (@Fyntechnical_Ai) July 2, 2024
$SMCE tests .01 this week in my opinion.
Hi-O-Silver, away!
It's funny, I've been trading penny stocks since 2020 -- not nearly as successively as yourself, but if I could count the number of times I've heard, "This is going to $1," I'd have more money than you. LOL. Aside from a select few (some of which you've named) most don't even come close to a dollar. Hell, most don't even come close to a penny.
$SMCE has a legitimate chance at hitting $1 and I'm thinking it really might not take that long. It all depends on how fast management and the advisory team want to wait. The biggest key, IMO, is how fast and successful the Chaintrade rollout is. If we get news soon that it is live and ready to go, we're off to the races.
I've been in 1 runner since I've been trading, and this one has all the makings of a monster.
Normally I'd say we're due for some consolidation but with this float being either locked or close to locked I wouldn't be surprised to see .01 tested...even tomorrow...certainly this week for sure.
Stocks don't keep going up...but dang, since May 24, we have gone up 900%. Crazy.
Drop news, and holy sheet. $SMCE
Name and ticker change is great but that won't move the needle that much. Here's what to keep in mind: 1) There has been no dilution this year. 2) The share structure is great for the OTC. 3) AI is a hot ticket in the market right now. 4) The CEO is active and releasing news exactly the way it should be done. 5) The product they are offering is unique and ready to roll out almost immediately. 6) Big investors with success with other tickers are behind this company. 7) The company wants at least a $1 a share. The CEO is intent on making this happen.
Your first question is dumb so I'm not even going to address that.
2nd question is a good one: my opinion is they will let this thing run with additional news releases/updates on the trading platform rollout etc. At an appropriate point in time they will announce an uplist to Nasdaq which will cause the stock to fly upwards. Once it gets to $1, announce a reverse split to set up SS for a Nasdaq listing.
Others might have another opinion.
I'm going to assume you are really new ...or are you basher? I suspect time will tell.
Can you provide links for those reddit discussions?
Agree. That’s what I told him in my response.
Yes, but we’ll need more updates from management. If they can duplicate what $SMC* is doing and keep those updates coming, then .03 is a realistic short term.
However, this is the OTC and just as a small float can send a stock, it can also work in reverse and drop fast.
No dilution, updates from management, and eventually revenue will rocket this. I’ll be listening closely from above for positive news.
From a technicals standpoint, I think we have a really good week ahead of us. I can see us testing.005.
Video update either July 5th or 9th.
Poll: Friday July 5 for video update or Tuesday July 9th? $vnue
— Zach Bair Official (@ZBairOfficial) June 29, 2024
Technicals look for a very good week.
I wouldn’t put it past these guys to drop news again next week.
Please upvote and make comments please.
https://www.reddit.com/r/pennystocks/s/siavLkdNbd
Oh, I agree, but I was in $TLSS at the time, not the other.
The point I was trying to make was that a higher SS company flew multi pennies on a rumor. $SMCE has much more going for it.
Once the float gets locked up, this thing will move 1 penny at a time....and pretty quickly.
With this SS, convertible notes exercised at $1, the type of insiders involved with this company, and the way they are releasing news has all the earmarks of a big runner.
Back in 2020 (different time, I know), $TLSS ran from .01 - .27 in about 2 weeks on nothing more than a rumor that they were going to get acquired by Amazon. Mind you, there was no validation of this whatsoever but because the company had a relationship with Amazon, all it took were a few folks mentioning the possibility and the market went with it. It was a crazy run. Once the rumor was squashed, the stock promptly went back down and down, and just like almost every ticker that ran back in those days, back down it went. Today TLSS just declared bankruptcy after being in trips for quite some time.
We have much more going for us than a rumor. We have a ready-to-release state of the art trading platform that uses predictive AI capability to help traders. You can trade in both $ and crypto! We have lots of money behind the company. We have a CEO who obviously wants the pps higher to be able to uplist to a better exchange. Our share structure is a 1/3 of what $TLSS was when it ran back in the day.
We all dream of being in a runner like that. I do believe $SMCE can go on a similar type run. I'm getting the feeling that's what management wants. As far as our part? If you want some nice returns sell at a penny. If you want life-changing returns like I do, I'm going to stick this one out.
We'll need big volume (check out $NNAX volume for Friday) but it does appear that the bulls may indeed be returning to the OTC. We might have a stock in a "perfect storm" environment. I'm not going to let this one go that easily. $SMCE
$SMCE Buy and hold! Lock up that float. We literally could be looking at dollar bills here. No exaggeration.
I don’t see a pull back at close today. I could be wrong, but I suspect people are gonna want to have shares going into next week. $SMCE
The CEO is giving us pieces of the puzzle. This was a really nice piece! $1
Today might be the last time we see shares under .005.
$SMCE
.005 tomorrow on the way to pennyland?!?
Welp, we know @Fyntechnical_Ai wants the pps to increase. We have a chart that's primed. We have lots of eyes here. Now's the time to drop some nice news. Let's get over .01 and stay there for 30 days. I smell a way to get out of Pink Sheets! $SMCE
— Mayor Pufnstuf (@pufmeister) June 27, 2024
If I believe in a stock, I have no problem slapping the “ask” to acquire more shares.
I believe in this stock! $SMCE $FYNN
Under normal circumstances, I think he might be successful with his tactics, however, with what the company has accomplished in just 20 days gives shareholders the confidence that much more is to come and come quickly…and if that’s the case, why sell?
No, I don’t think we’ll see low 20’s. We’ve got strong support here with an active CEO/company. This is only going to go higher….say .012? ;) ;)
$SMCE
Exactly. What’s a few ticks when we know where this is going.
Holding support at 32 with low volume. Good sign while we await news. $smce
And that’s the key to making money in the OTC. You find stocks that are dirt cheap and just wait for volume to come. We are about to enter a bull market. Volume for the first quarter this year is up 19% from last year.
We have a company that right now is minimally diluting, has different revenue streams, and a CEO with a proven track record. When the volume comes, and the news is released, this will fly.
And that’s what we want for a bull run to start. Outside factors (strong economy , lower interest rates, etc..) combined with dirt cheap prices.
This is now support.
Yes, but volume is up 19% from this time last year. We are close. Bear seasons do not last forever and we are now 3 years into one. We are coming out.
Agree. A bull run is coming to the OTC. I believe it is beginning and will go through next year.
$SMCE Updates or not, this is going up! You can't start another Robinhood 2.0 (With AI) and not draw attention. I went through the trial at Chain trade...it's awesome, traders are going to love it!
— Stocks in Play $ (@ProfitMakerJoe1) June 25, 2024