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Picked up some nice ones @ .0081!
Shed some yesterday @ .0112.
Nice!
Picked up MORE shares for less money with some left over.
Got to like volatility.
I think it will close steady to higher today... IMO
SM
PS 'Steady' means around a penny.
That all depends on how it closes. If it stays steady around here through the close then it should be a stable to higher open. If we see a large volume and push into the close of say .0125 to .015 then we have a pretty good change of a 'gap' open. If we see weakness into the close... no, no I won't go there
No weakness into the close!
SM
Anyone notice that we just surpassed the number of shares traded today over the Outstanding Shares for the company?
SM
That 'pullback' was for the hourly close IMO. We just had 4 straight hours of green and now one hour of red.
I would love to see it stabilize around here and to test the highs again before the close.
My opinion is that we are NOT going to see weakness from here into the close. Sets up nice for the rest of the week and the weekly close IMO.
SM
This feels like a whole different ball game than 2 weeks ago. Relentless push above the SMA's. Can not wait to see what happens on the buy stops above .008. Could be seeing that real soon.
This will steer you in the right direction.
https://www.securitieslawyer101.com/2019/regulation-a-2019-questions/
For sure they are IMO. They would be stupid not to here and put some cash aside. But, it will probably not mean much in the long run to the PPS.
This should consolidate around here and then head higher...especially for the weekly close. We already had our 'fake out' 2 weeks ago.
If this does not close higher then we have all been 'scammed'.
I am not looking to lighten the load until around .015 area... and then just lighten it and wait and see. Just MO though.
Fresh round of buys coming if it breaks .008 today. Could see .015 area if that happens.
Out too early IMO. Do not see .004's again anytime soon.
We were @ a high of .0079 just 2 weeks ago.
It is not how it starts, but how it finishes!
I like the action though. Hope it CLOSES up good today.
I think what is important when talking about the profitability of a company is to look at the areas where money is being spent and 'lost'. Are these areas that will come down with 'scale'? Are they 'one time' expenses that will decrease or disappear at some point? Are they areas that will increase with time?
A real discussion on the particulars of expenses and losses is key. There is much talk about the revenue increase and where it comes from, there needs to be a detailed discussion on the 'expenses' and 'loses' IMO.
We had a person here that was starting that kind of discussion, but they got 'baited' into side discussions where they were removed for a time. Hopefully that person will be back shortly and be more selective as to what is a 'productive conversation'. Actually, that might be good for all to review what they are spending their time posting on.
Someone want to hit that .0059 before they decide to put back up that 4.4 Mil?
SM
4.5 Mil ASK just disappeared.
You are too much Jobilly.
Just thought I would post this for any that are interested.
There are times to be 'bid sitters' to try and catch a better price. And then there are times to hit the hell out of the ASK.
IMO this is the time be hitting the ASK if you like this one.
Constant hits could prove to be very positive IMO.
SM
This one is 'coiling'... Would be great to see a close above .0054 for the weekly chart. Again, real resistance needs to be crossed for multiple closes above .0069. A weekly close above .0069 would be some really positive progress.
IMO... we are less that 10 trading days left for that to happen.
SM
Absolutely amazing!
That tells me quite a bit about you as a person.
I am done.
SM
So I guess you do not respect a persons request to keep them out of your 'conversations'. Did you not understand my request? Do you not understand that I do not value your opinion? Did you have anything new to say?
It reminds me of a broken record that I had to keep 'hitting' to get to the other verses...BUT not other verses coming.
Do I have to block you as a poster? I have a hard time understanding that someone just does not get it. Have you ever counted the number of times you have posted the same thing? Have you ever gone back and looked as to how long you have posted the exact same thing for how long?
I really hope that I do not have to block you as a poster.
I do not know that I can be any clearer that I have NO interest in what you have to say. Please leave me out of your 'discussions'.
SM
As I have said in previous posts I think the subject matter that you posted is key to maximizing the potential.
'$BTDG B2Digital plans to generate additional revenues over time from endorsement deals with global brands as its audience grows.'
Global sponsors especially with 'branding' the gyms in my opinion is key to maximizing revenues for the company.
Do you all remember 'Keystone Light' as one of the first sponsors of UFC?
Anyone hear of keystone Light as a sponsor lately? But it gave them substantial revenues to grow.
I personally can not wait to see who they have in the pipeline to sign as sponsors.
Anyone have any guesses to who they think they might have in the pipeline? Anyone have any thoughts who might be a good fit as a sponsor for B2?
SM
I am glad you agree to an extent.
You said: That’s how they make their guaranteed profit and stay in business.'
My response: what they are doing is completely illegal under ANY standards. They should live up to their agreement with the SEC and only take their commissions on investors trades with no bias and no profits from trading the stock they are supposed to be making a market for. Total BS.
You said: '...But doesn’t mean the company is a piece of crap. Just means they need to push out the shorts by pushing the price up. Bidding lower actually helps the shorts which is why I tend to hit the ASk hard when the time is right.'
My response: This company is NOT a piece of crap. Who is the 'they' you talk about to push out the shorts. It can not be the company because they have no funds to buy; only a need to sell shares. You can not 'fight the Fed' per say. The majority of MM's are backed by the major banks and they have all the money in the world to even fight the 'so called whales'. What is even worse, or just as bad, is that the MM's have 3 days in most cases to 'clear the trade'. Know what that means? They can mix up all kind of trades from the past 3 days to square their books to make it come out in their favor.
I wish I had time to continue discussing all this over and over again. I wish there were some here, and hope that there have been some, that start to track stuff and ask for the SEC's help in stopping this.
AGAIN: https://www.sec.gov/complaint/select.shtml
Hopefully some are starting to see that it can do them NO HARM in alerting them to trades to look into.
Thanks for your reply.
SM
I guess this is where I differ... I do not think that the PR's are BS or lies. This is a legit biz that has MANY things going to it's plus.
Businesses down here in the OTC are ones that do not turn a profit as of yet (most cases) and the MM's know that they have to sell shares to raise capitol, pay expenses, and invest in projects. The MM's are taking advantage of these companies by selling short and manipulating the SP to the down side so that the companies have to sell more shares to raise the same amount of capitol need for operations and in the end, there is no choice but for them to RS the stock.
People can take the 'easy' way out by calling them 'crooks', or saying that they are 'diluting', or selling into PR's. EVERYONE should know that a 'smart management team' WILL take the opportunity to sell on rallies to get more for their buck. If they are not turning a profit yet, THEY HAVE TO.
As I have pointed out many times, the problem is not with the company, it is with the MM's. It is not hard at all to see this happen. It is impossible for the company to have ANY CONTROL over the short term BIDS and ASKS that are continually being manipulated. The stuff that I see and have pointed out CAN NOT BE DONE BY THE COMPANY....NOR is it to their advantage to do so. There is only one class of investors that this kind of action helps and that is the 'shorts' and the biggest of them is the MM's AND they control the BIDS and ASKS.
There is no way a company can show a 10K ASK and let 100,000's upon 100,000's be bought into it and not let it rise... then turn around and 'wash' them UNDER the current ASK price that is published.
COME ON PEOPLE!!!! DO SOMETHING ABOUT IT TOGETHER!
If you all are interested:
https://www.sec.gov/complaint/select.shtml
SM
Back in the .003's... We having fun yet?
There was soo many millions of shares that were 'washed' to bring this down in the first half hour today. Unbelievable what is allowed to happen here.
Maybe we can just keep hoping that they will let this thing rise sometime soon. I will keep holding my breath.
At least we can take comfort that they at least gave a half an hour yesterday for anyone that wanted to exit this @ 100% above these levels.
To those that bought yesterday thinking the MM's were going to let it rise... you could be down almost 50% in less than 24 hours.
This can make no sense to anyone that invests and think that this is not being manipulated against the investors to the profit of the MM's.
SM
Do not write this day off yet. We will see how this finishes.
Thank you for your reply.
I do not have much time today, but I wanted to respond back and ask a couple of questions to you:
How do you know for sure it is the 'note holders' selling into the BID?
Where would I find out about the 10% rule you were talking about?
Why do you not ask the SEC to look into your suspicions? If they are not supposed to be doing this then why are the MM's allowing this? If you know that it is the 'note holders' then the MM's must also.
Again, here is the link:
https://www.sec.gov/complaint/select.shtml
Thanks again,
SM
Again, I ask you... is there anything new in your posts? You act like none of us here do not know what you think.
I am OK with you giving your opinion to the 'newbie' that might come along that has not heard what your opinion is, but please leave me out of your posts. It has been the same for years. You are welcome to your opinion, I am not interested in hearing it any more.
Please leave me out of your discussions.
Thanks,
SM
I do not want to get ahead of things... but that would be nice if it can HOLD that level. I am not here for 'spikes'. I think there is really long term potential value with this stock.
If we can get there and it does hold, then that would make this company have a market value of about $14 Mil. That would be nice if 'the street' agreed. How about a market cap of $28 Mil? Even better.
But as you can see in the last few minutes of trading... someone wants to put a cap on this at the 50 SMA for the 60 min. @ .0048. We will see how this battle goes. All I know is that the money that I invest in this, it is not going to be the determining factor to push this up.
SM
Just an update on watching the SMA's.
As I posted before, it was 'time to go' for the 30 Min SMA (50). It peaked in the past rally @.0058. .0058 + .0041 divided by 2 = .00495. That would have been average strength short term pullback. It is now @ .0045, which suggests it is a little weaker in the short term. Since it has not broken below the .0041, that means the rally is still 'in tacked'. We need for this to continue up past the .0058 to 'extend' the rally, especially multiple closes above the trend line resistance around .0069.
BUT, BUT, BUT... the 60 Min time frame for the 50 is quite interesting. the numbers go like this... .0041 + .0053 divided by 2 = .0047. We are now @ .0048. If we can stop this here and move it higher AND move it past the .0053, this would be very encouraging.
I will leave the daily SMA's out of the conversation here, but enough to say that it would be VERY POSITIVE for a close above .005 and especially .0053, then .0058. Let us not forget the big hurdle @ .0069.
More later,
SM
So we see that there is only 10K on the ASK of .0039. That is only a $39 trade to move this higher.
I do not understand? No one here wants to put in another $39 at this point to try and move this higher?
The MM's, just put in a whopping .76... yes that is 76 cents to make sure the SP stays below ALL SMA's.
You do not think they will be 'neutral' and raise the ASK to the next level after you invest the $39? For what possible reason could there be a 76 cent trade? I think we should know who put that trade in and for what reason.
Anyone looking at L2? Thin as paper! Maybe that is just a Mirage in a dessert.
I will take some hand soap at this point!
SM
We better not even think about 'upsetting' those MM's. They might have to stop trading this wonderful momentum. Mid .003's now. Just systematic, illegal (IMO) trading for the past 4 months to the downside. It might get to .000's soon.
ANYONE HERE in ANY profits?
Hypothetical: SEC: 'Well, why did you not alert this to us? We can not track every trade on every stock especially on the OTC'.
Response: 'Well, we did not want to upset the MM's. We were hoping they would just be honest in their 'oaths' to be neutral. We thought they might just pack up and leave and then what would this be worth? No one would want to trade this then.'
SEC: 'If we knew what was going on, we would have replaced them with some of the other 82 different MM's we have agreements with.'
Response: ' Oh, IF I only knew!"
ANYONE got some vasculine cream around here? I am getting raw!
SM
Nice volume in the first hour. 11mil.
AJH92...review his posts. He is the biggest source for current info on this one.
Welcome
SM
Top of the hour is now gone by and the 500,000 @ .0046 has disappeared also. No takers.
For those that think this is going higher soon... they are giving 500,000 away right now @ .0046 to get the 60 Min. 50 time frame to level off for the hour. All for the taking.
To give an answer to your last to posts...
We do not know if that was 'dilution' or not yesterday. In the long run it does not really matter to me. The action yesterday towards the close could have been the MM's 'getting closer to neutral'. As I said in other posts we need to look at the SMA's. If you look at the 60 Min SMA, you will notice the 50 period average is still on the uptick... it is @ .0053, the highest it has ever been in the recent rally. Look at L2 and see how much it would take to close multiple times @ .0053 or higher. The last rally would still be in effect if that happens. For the 30 time frame... the time is NOW to start back up. Again the downtrend would not be considered continuing unless the 50 period brakes .0041. The sooner multiple hour closes @ .0053 or higher, the stronger the uptrend. The longer it takes, the 'weaker' it would be considered and the longer the potential to trade down at these levels for a bit longer.
As for the RS. My opinion is NO. The Authorized Shares are 5 Billion. The company only has 1.4 Billion issued with a Float of only 708 Million. You will need to keep an eye on the Form 'D' under SEC Filings at OTC. This is the potential of where the 'dilution' can come from. There have been consistent 'convertible promissory notes' (Form D)to fund operations. You will need to acquaint yourself with them and the amounts that are issued. THESE ARE NOT 'DILUTION'...but the possibility of dilution. If these notes are not paid off THEN they can be converted into shares and then 'dumped' at market price. That is why the MM's like to manipulate the SP down. When shares come on the market to be sold, they are the buyers at lower prices.
Hope that helps,
SM
44K buy into 10K ASK... no movement.
Over 100K into the same 10K no movement.
Sounds like they are 'neutral'.
What they just sold @ .0049 they bought back @ .0047.
Another 10K @ .0049 and no movement.
Wonderful close to the week. I do not think anyone could say that B2 was dumping here.?.? Well, maybe someone could read that into this.
Have a great weekend all.
SM
Someone want to explain how over 200k can be bought into a 10K ASK @ .0042 without it moving up and then trade 100k ( and yes, it did register) @ .0039 with 41K shown on the BID @ .004?
Oh yes, now I get it... it was at the close of the hour so they could keep this great momentum going to the downside for the SMA's.
Sounds 'neutral' to me. You?
SM
How many YEARS did AMAZON operate at tens of millions of losses?
How many YEARS did Tesla operate at tens of millions of losses?
How much 'dilution' did they have to do over the years?
ALL is good now that they have achieved their visions of what they were trying to accomplish.
Do you remember about 20 years ago when they were trading about $2? They closed today at $3188. How do you think those that sold at a loss or at a 100% gain @ $4?
How about Tesla that traded at $4 and at its high was about $800?
Do not waste your time on 'nay sayers'.
Do your own DD and research and do not be swayed. How many people do you think said the same things as: 'POS' 'losing millions' 'criminals' ' thieves', etc. as they were going about establishing their vision?
There are no guarantees, but do not let the 'nay sayers' influence you on YOUR investments. Do our own research.
Again I ask, how many of those impatient 'investors' wish they held their $2 and $4 investments?
How about 'Bitcoin' that started under 1 Penny? It closed over 46K today!
You all got better things to do with your time.
SM
Is it maybe time to disrupt this 'momentum'? Now @ .0039.
I have not posted any new potentially 'illegal trades', but there has been dozens of them over the past couple of day. Soooooo easy to spot.
Maybe we should let them take it to the .000's before we do anything.
For those that might be interested in having these things looked into you can go to:
https://www.sec.gov/complaint/select.shtml
They would LOVE to hear from you about your concerns.
Need help in identifying potential 'illegal trades'?
SM
You are welcome.
I do not have a specific game plan on when to sell shares. I watch the SMA's constantly. I gave my opinion yesterday that I think this is the last chance to get .005's, but I could be wrong. There is a trend line resistance @ .0069 and we have to get through that with multiple closes in order to 'negate' that resistance and put it in our rear view mirror.
Good luck.
SM
Just wanted to make sure because I personally have stopped even opening up your posts since it is the same old thing time and again. I do not have a doubt that in your mind your are right and since this is a 'free speech' country, we will have to endure these same old thoughts for some time.
Just wanted to make sure that I did not miss something NEW you had to say.