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If you can see level 2 quotes, you can see the number of MM's. I believe this is how it works: MM's make money off of you and everyone else buying/selling the stocks. If there's a lot of interest in a stock, there are going to be more more MM's. If you look at the number of MM's for a company that has little interest, you'll see very few MM's. So if a stock gets hot, you'll see more and more MM's jump on board, just like investors.
Another MM joined in, up to 14 now.
I just got off the phone with fidelity, they said it should clear relatively quickly and that it may just take an overnight cycle to clear it up. This may be the same for TD and any other brokerages. Check back tomorrow, he said.
Good luck...
I should clarify...Fidelity won't let me buy stating that it still sees the Caveat Emptor status, so they haven't cleared it on their end. I didn't try calling, though.
You are correct, Fidelity won't let me place an order. May be a good opportunity to buy. This may jump when those brokerages open back up. I think the real jump happens when they show us the Q2 financials. News releases may help. Maybe an interim financial report? Probably not going to happen. 2 more months of waiting!
13 MM's...the most I've seen for this stock, but I don't know how many there were when it ran to .85
I feel that major dip for bitcoin is imminent. Like it's getting real close and GBTC is headed there, too. People get nervous when a stock goes parabolic and then plateaus off, like this is our chance to...and then you have to choose to hold on or let go!!
Good luck!!
Uh...looks like a bunch of selling going on today. Wow...bunch of red.
Milk...you dumping everything you bought and exiting stage left?
Personally, I don't think the Caveat Emptor is coming off until Q2 results are published and they show that they've got more than $5,887 in cash and $22,763 in revenues. I also believe that is what's holding this stock price down. Sure, there are a couple of brokerages that won't let you buy with the Caveat Emptor status, but I opened up an account with a different brokerage and bought some shares to get around that. I don't see that as a major road block.
Assuming that financials won't come out until around mid August (since Q1 just came out May 21st) we're going to be in this up a few days, down a few days pattern for the next couple of months.
Good luck!
Can anyone explain the "Community Sentiment" graph? It's been Bullish for quite some time but has flipped to Bearish with a value of -.459.
Funny...you know the stock market is all about tactics and out guessing the masses...or trying to get the masses to think your way.
I was just saying how I wouldn't touch GBTC the other day on how much it was and how volatile it was acting. And that's when it dropped down to $200/share, and now it's $477.
It's crazy, and that's when you win big or lose big. We all just want to win big, but there's that damn voice of reason that never shuts up. Never. I guess that's why we got to where we are today and aren't living on the streets. Sometimes we listen to that voice and end up better than where we started as opposed to the opposite.
I think this is will be a good stock as soon as they post Q2 financials and OTC will finally lift the caveat emptor status and they'll get uplisted to the OTCQX. Until then, this is going to go up and down and no one really knows how high or how low it will go. I'm pretty sure there will be plenty of chances to buy low and sell high for the next two months.
Good luck!
...or it may get shoved to the lower .30's/upper .20's with those big ol' sells on the ask.
Yet there's a 100,000 ask @ .4 that isn't budging with another 75,000 right behind it.
Interesting, huh? I guess someone wants to sell.
Wow...so, quick fact check from the press release: "a related party transaction paid off approximately $200,000 in debt utilizing Bitcoin Unlimited Futures"
Hmmm...that says "approximately $200,000" not "millions" as you clearly stated.
Let me restate my observation: According to the Q1 financials, they are no better off from where they were in Q4 of 2016 and we won't know sh!t until the Q2 financials come out in 2 or 3 months how well they did in Q2 from all of the coin sales and other transactions. So I wouldn't be surprised if OTC didn't lift the Caveat Emptor from their website until then.
Even if you annualized the 7,333 net income to 29,332; their Earnings Per share would be 29,332/304,000,000 = .0000965
and then the PE ratio would be .4/0.0000965 = 4,145.64
Which is still pretty damn high. Care to agree or disagree on anything else?
I guess we'll just have to agree to disagree. The way I see it, OTC said, "wow, you have $6,000 in cash...that's not really amazing at all, and revenues of under $30,000? Wow, that's not enough to pay 1/5 of a decent web developer especially when your Net earnings from operations are a whopping $7,333. Congrats, here's your skull and crossbones, let us know when you start making enough money to support your stock price."
I saw somewhere where they are paying everyone with shares, which sucks if you're an employee and you see the stock go up and down all of the time.
So correct me if I'm wrong, but Earnings Per share is Net Income over shares, which would be 7,333/304,000,000 = 0.000022915625
and then the PE ratio would be .4/0.000022915625 = 17,455
Maybe I did something completely wrong in those steps, but isn't that a bit high for the PE ratio?
I honestly wouldn't be surprised if the skull and bones didn't come down until next quarter's financials due to the fact that they stated that they put them up due to the stock price run and the nonsupporting previous (Q4 - 2016) financials. Since the current (Q1-2017) financials look pretty much the same, the OTC may deem no changes have been made and will leave them up.
Q2 financials should fix everything, but those could be 2-3 months away.
That's what I don't like about bitcoin...it seems like any retrace is possible at any time. I want to buy more, but then the end of today happened and what's really setting the price of bitcoin. Sure I understand the use of block chains and the potential it has, but bitcoin has no real backing except for the current "I own bitcoins" seems to be a "ooooh, look at how trendy I am." And sure it may hit $4000, but can it sustain and how far will it drop if EVERYONE tries to cash out?
Bear sterns...Enron...dot com...bitcoin. Going to be an ugly fall, may not happen anytime soon, but who the F knows...and that's what scares me about every buy order I place.
Good luck!
I guess that's right, I figured this would have some decent revenues in it, but I guess that's another 3 months away. Oh well. Sucks to see $6,000 in cash. This is going to roll down under .10 this week, probably tomorrow and won't move until the next financials roll out.
Uh...so where is the profit that they made off the ALT sale? That's a really, really bad set of financials for the hype this thing has had over the past couple of months. I've got an order I need to cancel.
Um...it seems as if there aren't going to be any financials and this is running into the teens this week.
Highly doubtful...unless the MM's want to make their own Friday fun. Bid has 7500 shares sitting between .265 and .275 and not much under that. Ask pool is pretty shallow as well.
It's Friday, looks like everyone is starting the weekend early!
No doubt, this company has been building a solid foundation over the past few years, it looks like they've finally got to the point where they're ready to do some business. I don't really think we'll hit $1 as soon as some folks wish this would, but who knows. I'd be happy with a dollar in two years. This looks like a good sock drawer stock. I don't like stocks that are so damn volatile. I'm a big fan of roller-coasters, but when the ride lasts too long...
I didn't have level 2 when this thing ran to .85 and I have no idea what the level 2 quotes looked like when that was happening. I'm assuming there were a lot more orders than today (and the past few), but I don't know. The level 2 just appears to be a ghost town right now. Personally, I think it's just the MM's trading amongst themselves attempting to generate interest one way or another. Same handful of trades on both the Ask and Bid, everything just shifted down a couple of cents.
Fun times in pennyland...good luck!
Well this is definitely on an uptrend, which is a change, but there are so few orders on level 2 it seems it could go either way. Other than the three bids in the low .30's, there are two in the .20's and some rubbish below that. Half dozen asks in the 30's and the rest above looks to be rubbish as well.
Rubbish, I tell you!
At this point, I guess everyone is awaiting the filings...which may be out later today or tomorrow assuming they aren't late again.
Good luck!
Hmmmm, that's convenient.
Change of ownership:
Old name: Intellicell Biosciences, Inc.
New name: Stroma Cell Therapeutics, LLC
The Commissioner of Patents has granted the above patent on 18 May 2017, and certifies that the following are the particulars of this patent appearing in the Register of Patents:
Name and Address of Patentee(s):
Stroma Cell Therapeutics, LLC
1209 Orange Street Wilmington Delaware 19801 United States of America Name of Actual Inventor(s):
Victor, Steven
Title of Invention:
Ultrasonic cavitation derived stromal or mesenchymal vascular extracts and cells derived therefrom obtained from adipose tissue and use thereof
Ha! "Extracting gold from seawater." That's what got us into this mess in the first place!
Very clever!
Please...feel free. This my understanding/interpretation. I'd be more than happy to hear yours. For you to say that I'm completely wrong and not follow up on it is like saying "no, blue is the coolest color, but I can't begin to tell you why."
As for ClearThinker...yes, the date on the documents, I agree they are all from yesterday. However, the information is not new. Don't go screaming that there are new documents like we should all go run out and read them because there's something new in them that is awesome in them.
The only thing new in the Attorney letter is Part B which shows that 100M shares belong to Rubin and the other 100M shares belong to some companies in Israel.
The late filing disclosure says they get an additional 5 days to file with a max date of May 20 and the reason for the late filing is that the accountant needs more time. This isn't anything special.
The last document posted yesterday is the Officer/Director disclosure which isn't anything new as they've been posting the same document for quite a while. My question is why they still maintain the Venezuelan mining operations on this?
As for my market cap analysis, that's how I see it. It's my interpretation of the "Value" of the company. I know the market cap is not an exact science...especially for a highly volatile company in a highly volatile space. If you ignore the market cap number and base your "buy" signals based on hype, well...good luck with that. You can win big and lose big, but be careful when you jump in on the hype, and don't drag people down with you.
...and if you don't think this is a highly volatile stock, you should quickly look at the 3 month chart. If you don't think the bitcoin is highly volatile, take a look at it's 12 month chart.
Please feel free to correct me wherever you deem necessary.
I wouldn't say these are three new items, but two items the company has posted before and are posting again and a late filing disclosure. The attorney's letter to the SEC is the same letter they sent out 12 days ago. The Officer/Director Disclosure looks like the same thing they sent out in April...and why does it still list the Venezuela mining concessions in it? Didn't they sell this in order to buy a large stake in a cryptocurrency, which was announced back in November?
VANCOUVER, BC / ACCESSWIRE / November 30, 2016 / First Bitcoin Capital Corp. (OTCMarkets: BITCF) is pleased to announce that it has sold its Venezuela mining concessions for a large stake in the cryptocurrency ...
https://finance.yahoo.com/news/first-bitcoin-capital-acquires-large-100000928.html
I can see this running until May 20th, but what then after that? I guess the truth will come out.
So they no longer have the mining and are all about the cryptocurrency business, which means they basically wiped the slate clean as of December 31st (their last annual report). According to the current market cap (those interested in this stock) assume that this company is/will be worth $80 Million. That's kind of like assuming that they made $20 Million (minus the cost of doing business) in the first quarter and will continue to make $20 Million in each of the next 3 quarters.
Are we really going to see $20 Million in profits in the first quarter? I can't convince myself to buy at today's prices. Maybe I'm completely wrong and you all buying are the brilliant ones.
Good luck!
Hmmm...I agree to buy on the dips if it's moving up, but not when it's moving down. This stock flew up to .85 and those were great buying days, however, since then has been a different story. It's been on the decline, which is normal for a penny stock that has been up 10,000%+ since its .005 price in October.
I read a book on trading penny stocks a while back and the author said that averaging down is a terrible tactic when dealing with volatile stocks. Cut your losses when you can and buy back when it returns to normal trading.
Personally, I think we're getting pretty close to that point because I think there were quite a few people who loaded a bunch of shares when this was under a dime and those people are taking their profits and exiting.
We need to return to normal trading and we're not there yet. The red days are outnumbering the Green Day's, look at the charts...don't listen to me. Do your own homework.
Probably not bad time to start buying and holding, even though this stock WILL continue to fall for the next week or so. I think it should return to .30, but I don't think it'll move above that unless they have financials to prove they've earned that much in such a short period of time. Keep an eye on that market cap and do your best to estimate what it "should" be.
This stock is currently worth $72 million at the current price, are you comfortable with that?
They need to fix up those websites, if they're with that much they should have a team of developers making it look like they've got money to burn.
Good luck...
Not too many buyers or seller out, maybe everyone went to lunch.
My only other observation is that this stock has been following a "1 day green, 3 days red" trend. So if we finish off green today, does that mean we'll lose momentum tomorrow?
Ha...yeah, I've noticed that if the spread is less than a cent, this stock will head north for the day, and it was looking like that earlier, but now we're looking at a 2+ cent spread, which usually signals a downward trend.
Or someone trying to dump 100,000 share....not good.
Tuesday! So my Scottrade account funds will be available on Tuesday! Until then, I just have to sit and watch. Damn you fidelity...or should I call you in-fidelity.
Good luck BITCF people!
Yeah I took a look at GBTC and thought...Wow, no thanks. That really looks like a dangerous play. 220 a share...hmmm wish this stock would hit that, we could all buy an island or two, but I have to wait on fidelity to play nice or get my Scottrade account up and running.
Come on...let's send this thing to .05 so I can really load up! Push it down, push it down....way down! ;)
Good luck!
Yeeouch...well I set three alerts for when this crosses .20, .15, and .10. I was surprised (kind of, kind of not) when it hit the first alert today. You people are surprised at this, but I'm not. I don't know what brokers aren't allowing you to buy besides Fidelity, but you can imagine that if a good chunk of people can't buy, then all you can do is hold or sell. It's hard to hold when the stock isn't doing anything but falling, and falling fast.
And then you just saw 30% of your value drop from yesterday's close!
I sold while I was up. I'm pretty sure I'm going to see my .15 cent trigger tomorrow. I do plan on buying some more. I opened up a Scottrade account, have to wait for the funds to arrive so I pray it works. I may not get in until next week, but who knows, maybe that's a good thing, maybe it'll be .05 next week and I can load a good chunk.
I would imagine so, I called fidelity yesterday and the told me it was because of the caveat emptor status, and I know they won't let me buy with a "Stop" status online, not sure if you could call in an order with the "Stop" status. Had no issues before that.
I thought scottrade could still buy. Who can still buy and what is your broker?
I don't think it'll go that low, but I wouldn't be surprised. I called fidelity to see if they would put an order in for me and they checked and said no. At this point I think there are only a few brokers who will let you trade the stock. I'm not saying that this company is a fraud, but probably overvalued at the moment. I like what they've done and I love the communication and I think they're worth investing in...but if you haven't bought now, you could probably wait a while and get some real "cheapies."
Since it went back up to 48, it's been on a steady decline of about 3 cents a day. At this rate it could be in the teens next week. This is NORMAL for stocks like this. Seriously, this stock was at .005 only seven months ago, .02 four months ago and went parabolic. If you pulled the trigger and made some money, no one is going to tell you that you did the wrong thing. If you're bleeding red and you're waiting for the bounce...remind yourself that you're playing a penny stock with no financials. I believe them when they said they're debt free, but I haven't seen he financials that prove it. I believe they're making money, but I don't know how much nor do I know how much their cost of running the business is. It should be low since it appears there aren't any manufacturing costs, but that's another thing to consider. I worked for a dot com company in the early 2000's and left before they disappeared. They were a content company that had no assets and were overinflated like all the other dot com's.
So now all we can do is speculate. I'm pretty sure they aren't dumping shares into the market, at least I wouldn't think they would need to seeing as how they told us they were debt free. If they are dumping shares, that's not good. Let's assume they're not and they also aren't buying back any shares and thy have 320,000,000 shares outstanding. At today's current price, they're a $84,000,000 company. Is it possible? Sure. is it likely? I'm not one to speculate, but I think the steady decline in the price is due to the fact that there's some speculation that it didn't go from having empty financials at the beginning of 2017 to an $84 million dollar company in five months. And to think that it was a $272 million company when it hit .85! It's no wonder that the SEC said, "okay, let's stop this from getting ridiculous."
I would have loved to see it hit a dollar, which I'm pretty sure it would have in just a few days, but oh well. I made some money, I hope you all do, too. I think it'll be worth a dollar in the future, unless there's a bitcoin market crash... which I wouldn't be surprised to see. Someone already mentioned the similarities between the dot com run and the bitcoin run, and seeing the Dow over 21,000 is a bit worrisome as well. That beast is up 4,000 points in the last 12 months.
Something tells me to cash out EVERYTHING and watch to see what happens, but here I am...
Take what you can get, buy back later!! Good luck!
I wasn't implying that Tesla was going to use Kryron, I was simply stating that Tesla's R&D shop probably has the money to manufacture its own alloys. Anyone can buy carbon nanotubes. What would stop them from making their own, especially with their bankroll? They may have some first/second/third generation batteries on the market and already have fourth, fifth, six generation batteries in the test stages. Meanwhile, we got this guy soldering some plates by hand.
To the moon!
I think Johnny got milk to sign a NDA, figuring that if he could keep him quiet he could keep half of the negative posts off the boards...and since milk already has so much invested, Milk figures that the silencing his negative thoughts may be the better alternative. Maybe we should all "think happy thoughts" so this really awesome stock can explode to the moon.
And then we can dump before anyone finds out how really awesome this company really is.
Who's in?
Ok...one last thought before I begin my vow of silence. Does anyone really believe that Johnny has figured out how to make the ultimate battery? Like Tesla doesn't have a R&D team with endless funds and machines that can cut and bond plates that don't have to be hand welded?
Let's go you awesome company!!!
So which investment companies can buy this stock while under the caveat emptor listing? I can't buy any shares with fidelity.