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APCX intraday PR - CEO confirms NO DILUTION
APCX intraday PR - CEO confirms NO DILUTION
Today's PR was a MM's worst nightmare. Hundreds of millions shorted yesterday/today on dilution theories, and then the CEO just comes and flat out publicly states in a PRESS RELEASE that there is no dilution. lol. Look at them trying to keep it down on low volume now.
You cant theorize that the 9M/etc blocks are dilution anymore. This isn't just because of the PR. Look how all those blocks instantly showed up as buys too when the news came out. This is simply a heavily traded stock. And that volume is probably only the beginning.
Most traders don't like to sell and then re-buy at a higher price 30 minutes later. But it's only a matter of time until they slap themselves on the side of the head and do so.
THERE IS NO MYSTERY ABOUT WHERE AN ADDITIONAL 1.5BIL ENTERED THE FLOAT. IT IS ALL IN BLACK IN WHITE:
Item XVII in initial disclosure.
Item XVII List of securities “offerings” and shares issued for services in
the past two years.
The Company sold approximately 1,500,000,000 shares of common stock raising
approximately $280,000 during the fiscal year ended December 31, 2010.
Wow is someone trying to buy up the whole float?
Massive unwavering accumulation at .0009/.0010/.0011 buying through all amounts of selling.
".05 cents" - you mean .0005?
Wow twice normal volume here and huge drop. What's going on - dilution? I wasn't watching...
It was a predictable gap up UNTIL there were 4M sold afterhours at .0404. At the point you were SCREWED, until news came out this morning and saved your @ss and gave you an extra 5 minutes to sell instead of gapping down to .037 like it would have done without the news.
The same thing happened to me. I bought yesterday EOD as a quick-reaction daytrade. I was simply buying the strong intraday chart and HOD close. But then overnight, as I read the board, a nightmare unfolded:
-4M afterhours sell at .0404
-VFIN sitting on the ask at .037
-at that point all the pumpers just went dead/silent and bashers showed up
-found out 3/15 news was the exact same news as last year nearly word for word
-no indications of how much funding will actually go to the company.
-not really a "partnership" with ATT/Verizon, just an association
-company has no revs
-assets<liabilities
-2 employees
-a promoter was paid to do a pump, the same way the promoters have been paid to do all the P&Ds of this stock in the past
-already a resistance on the chart at .06 even WITHOUT all the above.
-looked at prior runs and saw how this drops like a lead balloon
I wasn't able to sleep a solid hour last night...
I knew I was going to be selling at open no matter what. Luckily it was at .058 into today's news. By the good graces I was saved and actually turned a modest profit...
Buy/sell numbers can be misleading. In the OTC, any trade can be a buy AND a sell. You cant tell which trades the MMs simply match up directly with another person's order and which trades the MMs trade against their own supply.
Just broke yesterday's intraday support at .037.
And why would a company pay for a promoter? So they can dilute? That's a another thing that scared me about this.
Err doesn't look too strong to me. And for all I know there are at least 4M shares between the MMs to distribute today. Also, yesterday's news is just a word for word repeat of news from a year ago and today's news seems like fluff. I couldnt sleep last night!
Couldnt have been mine - I sold mine at .058.
Sold at .058 thank GOD for that news to give me an extra 5 minutes to sell!!! I feel like I was saved by divine intervention. I thought we were gonna gap down to .037. Anyone see the 4M t-trade at .0404 and VFIN sitting on the ask at .037 last night?
Why do you think someone who is selling cares whether this will run after they sell?
What's wrong with ripping apart a pink? If it can be ripped apart then it deserves to be ripped apart. If there is real business and real accumulation then it cannot be ripped apart.
Good luck having the float locked with BMAS dumping 100 million freshly printed shares into the float.
The point has been missed. Rather than speculating about how the trading of this stock might compare to that of other stocks, we should be finding bona-fide reasons for the new valuation of Southwestern Water Exploration Co and why it should equal OS x Target Price.
It's like talking about LOCN is all you've got...
Slow down; one thing at a time. Right now I'm correcting your terminology: 70% is not "light". Has nothing to do with the rest of that stuff; we'll get to that later.
The point is that you were using the wrong terminology and should correct it. 70% is not "light"
Guys stop calling it a "light pullback" and "not at hod". It closed 70% below HOD lol.
.02 and nobody's talking lol
Cmon do we really need 10MMs for every bid of a few million?
It didn't go down a little; it lost 63% from HOD. That usually indicates that the momo is gone and there isn't much more potential. It also usually indicates manipulation.
The implosion was when it went from .065 to .024. Why would I care that it's already up thousands of percents? Oddly I've never found that to be a very good reason to buy.
It didn't really trade down there. Just one trade of 25K at .0024. Neither of these brackets have been supported by any volume. Just MMs jumping around to try to make people emotional one way or another.
I was wondering what you were saying BOOM about.
See what? "BOOM"? It imploded?
At 6000%+ with low volume I cant help but hear the sound of the musical chairs song playing.
Where is all the volume? Just a bunch of IHUB gamblers trading this. Made my money & out.
Is this a joke? 2 mil volume at .0019? LMAO
"Over the last four weeks the wholesale cost of fuel has increased approximately 22% due to the sharp increase in the global price of oil. However, due to the nature of our business, this has translated into a corresponding increase in sales revenue with little to no impact on profit margins.
Wtf are all these 7MMs moving at the exact same time on low volume? I don't want manipulation I want natural movement!
I posted on the wrong board sorry.
wrong board
ETMM was leading MM on the L2 ask during the selling and now he is the leading MM on the L2 ask during the buying.
You couldn't afford one more share to make it an even 10?
You break one support and the next support is only 2 ticks down lol not bad.
.0011 blasted away with 4M, 7.7M, etc. buys.