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Traders just flippin' shares.
In the last week, traders are buying in around 0.0002 and selling at 0.0004, a tidy profit. But the blocks traded are typically 500K or far less, breaking out to an investment of a mere $200 or less. There are a few multi-million share blocks bought. To move this stock, we need to get beyond the flippers and tiny purchases and see large blocks of investment who see great potential in this company. When that happens, this stock will rock!
James
Very quiet for trading activity
After a big day of 22MM shares traded, today's silence is almost deafening, eery. And the lots of shares available for trading are extremely small. Right now, it could be setup for an explosive morning if some big traders come on board.
James
Look at another stock, BTSC
As you can see, there is a full listing on the bid and ask on this Pink Sheet stock. I get your point but I believe what is listed are all the shares available to buy (on the bid) and are available for selling (on the ask). It is very possible that when most of the shares are gone @ 0.0006, more sellers will want to sell their shares and will be listed as such. But right now, what you and I see is what I believe is available. That puts traders that sit on the bench in a precarious place. They could miss opportunities to sell at the best prices.
It could run up very, very quickly!
James
With the two latest news items, WHEN has great earnings potential
Their new WHEN1 software package and today's news dealing with increased security related to their software, it can only be a win win for the company's future.
James
Can you see Level II
There are no more shares available after the 0.0006 block is gone but a block @ 0.10. If those two blocks fill, it is off to the moon.
James
Lookin' to being a good day
Good buying pressure. A small block for sale @ 0.0004 and then it is blue skies. I believe we are seeing the results of the latest news. The company and stock shows great promise.
James
Looks like most jumped ship.
They made their long-awaited money and hit the road. I think this latest development will take WHEN out of the pink sheet listings.
James
Float is 20.4B and O/S is 89.8B
Someone was asking. Is this the biggest news in a while? Looks that way. Is this news enough to keep pushing upward? Could be. There seems to be good price support, some buying pressure. If we can stay within the 0.0006-0.0008 range today, then that could propel the stock to higher highs the rest of the week.
James
I put a high ticket to sell and it filled.
Caught me off-guard. I got a good price but should've watched it closer. Next time.
James
Could come back in on Wednesday. See how the premarket reacts to today's merger news.
Slow, upward buying pressure.
The stock failed to drop below 1.04. If the large block of shares are sold off @ 1.17, then unless there are more big blocks ahead, this stock will rock.
James
Is it sustainable?
It peaked, pulled back and then leveled off. It seems if it can hold the price around 0.50, then it will set the stage for the next leg up.
James
That was yesterday.
Check the date of the message. Lots happened since then.
James
Big news!
Trovagene Announces Manufacturing Agreement with NerPharMa for Supply of PCM-075 for AML Trial. It's happening! Stock price already hit $1.6 in pre-market and currently up 16%. Could be an explosive day!
James
TROV has flat-lined.
Looks like daytraders have stepped away from the game at this point in the day.
James
Price couldn't hang on.
Watched closely and it fought to stay above 0.40. Once that broke through, it was over. Out.
James
The day is not over.
I know the volume was less than average, but MARA is still trading and that can lead to unexpected changes in pricing.
James
Buying pressure resumes after brief selling.
Available shares for purchase are only about 1000 with the exception of a much higher price as seen on Level II.
James
A lot of buying pressure last night.
On the flip side, much buying pressure this morning. How different after hours, whether post or pre, can be to each other and with the regular session. If buying pressure continues, breaking into 0.60 this morning, we could see some big price moves up.
James
Daytrading muffled a depleted float
James
What is left of tonight and premarket pivotal
If tonight is flat as well as the premarket, then there will likely be a retracing of price. However, if buyers come out with what is left tonight and tomorrow premarket, then that could signal much upgain for the regular session. It may want test the 3 month high of about $1.
James
Outstanding shares are 23.3M - float 16.9M
With combined volumes of yesterday and today being about 66M, that would tell me shares available for purchase are getting somewhat light, if not tight. I know there has been a lot of daytrading going on to increase volume, but with volume to float about 4X in the last two days, I see a signal for definitely limited shares available.
James
They Yahoo message board is strong on MARA
I am very surprised by the activity in AH. This thing could really erupt either tonight or tomorrow morning before the regular session begins at this rate. One guy posted the market share is 20% of total assets of the company, indicating the company is strong in revenue. I haven't verified it but it wouldn't be posted just to be posted. I will be watching it throughout after hours (post and pre) and see if I should take my profits, or, go for the ride up.
James
Bought in yesterday
With extra high volume and good price gain and lots of upside, why not? I timed this wrong about a week and a half ago, but this time it should be better.
James
I bailed yesterday.
With volume decreasing with price, it was obvious the stock was retracing. I am keeping my eye on the next move up. But that could be several days. A lot of shareholders out there now that want to dump their shares as soon as possible. Upper resistance is very low in price. And there is more than one level. Time to find the bottom. I believe it will hit below the last bottom, about 0.0621.
James
BTSC long term value
Ultimately, it is a monetary value as seen in dividends issued to the shareholders. But no dividends will be issued with no profit. BTSC did report a profit in 3 of 4 quarters (didn't report 4th qrtr of 2016 yet) of about $118K but there P/E is negative which indicates a negative earnings, conflicting with the quarterly reports.
https://finance.yahoo.com/quote/BTSC/financials?p=BTSC
A debtless company (like Microsoft once was) would carry an intrinsic value because it has no creditors. BTSC carries little debt, about $23K, so that is good.
https://finance.yahoo.com/quote/BTSC/balance-sheet?p=BTSC
The company has one paid employee.
https://finance.yahoo.com/quote/BTSC/profile?p=BTSC
Market cap is meaningless. It is price/share times outstanding shares which has little meaning. The acceptance of bitcoins has a bearing on the value of this stock but its day-to-day value has no relevance to this stock. Apparently, their services are not sufficient at this point to create a sustaining, profitable company. I don't know anything about competing bitcoin companies.
I would say, overall, its value is based on purely market value rather than its monetary value (which is likely zero).
That's my best take with so little information available (pink sheet). I certainly hope some others can shed additional light on this company.
James
Good question - I own shares
I would love to see my holdings multiply with the stock go to dollars per share. But then again, let's be realistic. This morning was such a strong opening that I thought, if there is no selloff, the stock could be @ 0.15/share or higher at the close.
James
KMT1 - BTSC value
Some hype here about bitcoins in India does not agree with recent articles. See: http://www.newsbtc.com/2017/06/04/india-bitcoin-market-scenario/
Anyone tracking BTSC to the day-to-day value of bitcoins will be disappointed to know there is no correlation between the two. If the value of bitcoin goes up, BTSC does not necessarily go up and vice versa. With this inconsequential stock, overall trending of bitcoin value would have a small effect on stock value.
BTSC also is a pink sheet OTC stock. It is the lowest grade of trading stock below OTCBB, not even listed on a regulated exchange. As a result, the SEC does not require them to post quarterly reports and many important statistics, i.e. P/E, EPS, book value, debt, etc. Like most pink sheet stocks, the company makes no profit and continues to run up debt. Their indebtedness and lack of accountability makes them extremely risky that could cause the shareholder to lose all shareholdings. I speak from experience.
So what gives BTSC its value? strictly its price which is governed by whatever the market will bear. Those who buy low and sell high love this stock. So this stock could sell for fractions of a penny per share or dollars per share if the market will support it. Those who can time it right could make a small fortune.
James
Like I said, bitcoin coinage is trending up.
But, there is no news since May 3 for BTSC. For this stock to vault, it will need some positive news. That coupled with the trend will give investors a big smile.
James
Hard to know what is driving the price up
There is no recent news, not since May. The current day-to-day value of bitcoins is irrelevant to the price of this stock or any bitcoin stock. The overall increase in value of the bitcoin could appreciate bitcoin stocks, like this one. Is that what has driven the stock from the tank to 0.11/share with no profits? Possibly. Everyone on the Yahoo message board has sold out so no one is left to encourage buying. Here, the posters are optimistic and seem like they know about trading. But I don't think pump and dump is the reason. More likely bitcoin investment is trending in general and so stocks are following it.
The last go-round the stock was daytraded to death. Hopefully, that will not happen this cycle. I watched it go down to 0.0621. If this stock hits a wall like last time, about 0.204, and then collapses it will be a while before the stock will head north again. If it can break through that 0.204 level and gradually move up, then $1 is not unreasonable. I believe it is this cycle of trading that will determine up, up, and up or collapse.
James
Level II indicators
With moderately large blocks for sale @ 0.01070 (55.9K - just sold) and @ 0.1100 (64K), it looks like traders who bottom fed made their money and want out. They likely don't expect a surge in price, whether they are right or wrong. Once these bottom feeders have sold off, then it should move up again.
The momentum/volume died later in the morning because there were too many low priced sellers. Level II bore this out. Again, likely more bottom feeders eager to take any profit and run. Hopefully, we don't see any more of that brood again.
James
because it is going to explode!!!!!!!!!!
They haven't been canceled?
How have you missed such a simple thing? Don't you know in the past 60 days that more than 90 million shares have been purchased? Do you think that is fabricated? The common shares have NOT been canceled because if they were they could not be purchased.
James
How is MMs relevant?
If anything, MMs drag down a potential spike. They play so many games so they can profit from any purchases of shares. And then again, I have seen and been a part of huge spikes with no MMs. The filling of orders by this company's "desk" sets the stage for a huge spike if it were to start. And buyers keep coming in.
James
You won't.
If someone believes this stock is on the move or will be on the move, then now is certainly the time to buy, at basement prices. Obviously, there are many that post everyday that believe something big is about to take place. If we are in the same place with volume, price, ticker symbol and common shareholder value in a month, then this stock will explode this summer from the information that has been passed onto Robins.
James
Why sell, that is my question?
When a person sells, they get nothing @ 0.000000000000005. Go for the ride. This thing will take off soon enough.
James
Moneybagsclay
The outstanding shares for ARIOQ is listed as 4.4B. To have the ask size be 447M is reasonable. I would think if 200M shares were sold (bought) then this stock would really take off. The other 247M would withdraw their sell blocks. One day recently 30M shares were bought. If that could happen for several days, or better yet, one be 100M shares, then this stock would be ripe for a move upward, fast.
I have no access to private replies.
James
Exactly.
ARIOQ is fully recognized by all brokers as a tradeable stock and they provide all the services necessary to trade, e.g. current stock price, bid/ask, daily volume, average volume, trading blocks available (Level II), 52-wk high, 52-week low, outstanding shares, etc.
James
You were correct the first time
There are 445M shares available for sale @ 0.0001 and there is another block of 10M @ 0.25. Total shares traded today is 3.35M. The last trade size was 650K.
James
You can try that all you want.
No fool would trade shares at this high outstanding share amount. These are real traders buying up shares. A pop could happen very quickly and you just could lose a lot of $$. I would be slow to say what you are saying when this is a buyers market.
James
Good question
I think it is an oversimplification to say FINRA was never notified. If it is not FINRA's oversight, then AmeriResource has morons for administrators.
James