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Housh, he is a retired MM. Look at his profile.
Okay. Member for 2 months. Only posted to the SNRS board. No board mods. No personal info.
Your point?
Because that is how it works.
The orders die for a day or two, and then the buying picks back up and the price moves with it.
Your name suggests that you used to be a MM, so you should be familiar with the way they play.
Just to be fair, my sell did go through this morning. So, 13 days to sell @ 0001.
Today's low volume could signal either a lack of demand because there hasn't been any news, or a lack of supply because people are holding for something.
Is anyone trying to buy but not being filled today?
Anyone who is planning to buy into this, please remember, converting your paper gains to actual money will be VERY hard unless there are people still willing to buy at the higher PPS.
Myself and others have been sitting on 60 day sell orders that can't go through @ 0001, do you really think you will be able to flip this before it crashes?
Thats because theres alot of people in line trying to get rid of theirs at .0001 as well. 3 million shares is a drop in the bucket compared to 18 billion. Good luck though.
This is my point. There is not a single reason to buy into this. It will not move without a R/S after the shenanigans they played with the "buyout offer".
That's because the true bid is 0.00001
Because it is a POS
I cant see how that sell order is still sitting in the account when it blew through the 1's and 2's and hit 3's this morning.
They can match trade all they want to make it look like something is in the cards, but my order has not sold.
Also, I wouldn't say it blew through anything without a bid.
Why would you sell at .0001?
Why wouldn't I? This has been, is, and will continue to sit at .0001 until it R/S, then it will sink back to 0.0001. There hasn't been a bid in weeks, and with multiple days of hundreds of million in volume, my 60 day sell is still sitting in my account, because Nobody Wants This Stock
I don't want to spoil anyone's party, but I've been trying to dump my 3mil @.0001 for over 2 weeks, and through all of the volume I haven't gotten rid of them.
Again...Math!
.0005 / .005 = 10%, That is a 90% reduction.
I don't know who any of those people are.
I would be happy with a Labor Day weekend announcement.
I've been luckier than most people here, in that I missed the initial run, and have been able to accumulate just over 2mil @ these levels. (Average pps is .00087)
Date of "Record" hasn't been set yet, but many as yourself are hopin'...
O.D.
The 'Record date" must occur after the announcement, and must be made public.
Hmmm that may take a while, Can't wait to get a dividend worth 30000% of the share price!
The stated minimum dividend is .0030, which is 3000% not 30,000%
Fat fingers, or fat expectations, the correction should be made.
ETMM says 880M
I'm not arguing the fact that this has been and likely still is a scam. I just want to point out that it is still possible to make money from it, if/when there is a run, or if/when the dividend comes out.
You can't argue that FFGO has provided several opportunities for smart players to get in ride up and get out with a significant gain. It isn't just the CEO who makes money off of these things.
IMO
There have been similar deadlines before, guys, so reamin cautious with this.
Also, if you want to ensure a return on your investment, you may want to sell out a portion of your shares if/when we see a run. I, like many others, do not anticipate a cash payout.
GLTA.
Changing direction: If the dividend comes in the form of another company within the Brain Trust (Lumb's group), what effect would the news have on the share price of the new shell?
Would anyone caught short on FFGO be forced to pick up shares in the new company and drive the price up?
I missed the boat when ENTI ran to the high, watched as it came down, and fliped a few times in the .0026 to .0040 range, and then let it fall.
I have 1.5mil shares now, bought @ average of .00097
Starting today, I plan to try flipping between 5 or 6 and 9, but definitely holding this accumulation for a run on SP news.
Has anyone tried to flip this between 8 and 10, or more recently from 7's to 9's?
Thanks Matt. The expenses seem more reasonable when you look deeper at the core of what they're doing and the costs associated with those activities.
Maybe we'll see at least 5 figures for Q3 building into the EOY
1. 18% equity ratio.
2. $451 in revenue
3. More spent on "Meals and Entertainment" than on "Supplies", "Postage", "Utilities", "Licenses and Taxes", "Bank Charges" and (assuming they are business related) "Miscellaneous" combined.
In fact, "Meals and Entertainment" nearly outweighs "Depreciation", which says a LOT about their spending.
There were several red flags on those financials
Not in a boat, not in a house, not in a car, not with a mouse.
I will not buy it Sam I Am
SNRS - I thought this scam was over?
Why is there going to be 1B volume before lunch?
MDIN - DD
The CEO has stated that a R/S is coming.
He has also announced that they are R/S INFR as well, although he "edited" the post to redact that information.
See for yourself, and this is OT.
Ray Barton's Blog
MDIN - are you kidding?
That is a complete pos. The CEO has already stated that a R/S is coming in the next few months and has stated that Dilution is good for shareholders on his blog.
Also, he recently killed IFHR.
Thanks for your DD though <--(sarcasm)
I filled immediately @ 001 after sitting @ 0009 since 230.
And, i might add: Hadoken!
But really, this latest PR means absolutely nothing until there is a date set.
Congratulations on posting the same thing multiple times.
Why is everyone so down on this? It will move when the news comes out.
Is this going anywhere?
It looked like a decent startup before all of the BP business. I'm afraid that the negative publicity and the SEC involvement has killed it, though.
That's one of the most important questions we should be asking right now. The orders are shooting off consistently throughout the day, for nearly two weeks.
Are these shares being accumulated by people, or are they being shuffled around the marketplace to look like good volume?
I don't want to say one way or the other, but the one thing I believe is that this is now a 100% Lotto pick. With the OS as high as it is, there won't be another run - even to the .0003's, unless they formally announce a divy.
People with money to give away to ETMM?
Again, not true.
Sell orders are still going through, @ the .0001 price where other investors are buying. Essentially, as long as the volume is there, you can get in and out anytime you want and only lose your broker fees. That's what makes it so appealing as a lotto pick. The VOLUME
why would anyone buy a stock with no bid, U CANT EVEN SELL !!!
Actually you can. Many people have bought and sold shares the past couple of days, even weeks, to test the water.
Not that it means much on its own.
Does Sloane have the funds to front that?
Yep. Now We just need the divi to go through. Or for Lumb to brew up some other news that will create a bid and let us move a few ticks.
1,000,000 shares @ .0001 = $100
1,000,000 divis @ .0035 = $3500
200,000 shares @ .0005 = $100
200,000 divis @ .0035 = $700
3500 / 100 = 35 = 3500%
700 / 100 = 7 = 700%
Do the Math.
Buying at .0005 instead of .0001 would be leaving 2800% on the table.
Thanks. V beat you to it though, yesterday :)
I'm only in for 6MM, and have zero expectations for FFGO or Lumb. I bought in and out a few times from 0001 to 0003 and found green during the first half of the year, always for the movement not for any hope of a dividend. These are the last bits I had after it sunk flat.
Yes, FFGO has made money for me. I hope for a dividend as well, because it would be the icing on the cake, but I am in no way expecting it.
How long can people really believe this?