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I probably bought to soon, I accumulated them at a cost average price of .0028
if there is no news over the next few weeks, it will drift back to around .0016 or so.
I'm holding 4.5 mil shares, not on the sidelines. Just lowering my expectations over the next 4-6 weeks or so.
I'm saying this because there is no near term catalyst right now to attract buyers, those that bought waiting news have already bought. Thus the MM's take it as low as possible taking advantage of the lack of buyers. All pops in recent weeks have been very short lived as those that timed them right take profits quickly and it returns back to where it started.
I think its going lower over the coming days, probably drift sub .002's over the next few weeks.
Looks like an ugly day today, back to the low .002's, I'm done looking so see you all next week.
meant to say good times
Yes, I replied with thanks for the professional response, I think got times are right around the corner!
Well I tried again and sent an e-mail this morning which stated the following,
As excited as I am to be a shareholder of your company, I am somewhat disappointed at the lack of PR updates as was promised back in early June. It's an exciting time to be a shareholder as you are trying to launch your product, but its been 2 months now since you released a PR stating 1) you were starting a Production run, 2) you were talking to a "big-box" retailer, and 3) you promised more regular PR's to keep us investors informed on developments. The market is taking the lack of news as a sign that things are not progressing as planned, I just hope that things come to fruition as stated back in June.ot
And this time they did reply with the following comment,
I'm sure you can appreciate that real news cannot be manufactured. It seems as though every time we do come out with news, it is never good enough for shareholders if the stock does not go up. We have elected to put out news when it is relevent and material to the company. Rest assured, the company is very aware of the importance of keeping both potential and actual shareholders informed and promise to release any pertinent news as it happens.
As far as the availability of the product, we expect to have the product brought to market within the next 6-8 weeks. This is just an estimate and may run a little sooner or later.
I hope so, when I first bought this stock it drifted lower for 7 straight weeks before the 2-day pop. I can't wait for the day they release news on their status of production and distribution plans, it will rocket this back over .01 real quick.
No volume this morning, even at these bargain prices, looks like it wants to go lower.
Sorry to say it but no news again today = going lower, headed to .0016 again.
I wonder who is selling at this low price? either its dilution, or sellers taking a loss in most cases.
I've e-mailed him before, he never responded. My question is if they said 2 months ago they were initiating a production run, and they received financing of 1.5 million, then why aren't they giving a status? Don't they have to have so much in stock before securing a contract to sell with a "big box" store
so let me get this straight, I am hoping this rallies based on a few tweets versus getting some concrete news from the company? I guess this is the new wave way to invest.
No news = no rally
what sucks is that I tried to add more at .0024, they were selling shares at that price, but not to me!
Maybe, now up to .0029. Hopefully this is the new base and we bounce from here!
monday morning selloff on no news as expected!
probably those who bought the day before hoping for news before the open, then sell if they don't get it hoping to buy back lower?
It now appears that it might take awhile before we news on a "big box" outcome, thus I wonder if they will provide news on other developments such as status of the production run which they said started 2 months ago? Otherwise, this stock will just move up/down based on the short term traders with no upward move being sustainable as we experienced this past week. Come Monday morning, I anticipate (assuming no news is released before the open which is most likely) another drop and if so, I will add more to my position to play the next pop. It appears that support right now is around the mid .002's.
So how does one short a penny stock? I trade with Ameritrade and am not able to short pennies.
2 months ago, they stated they initiated their production run and bottling for an initial run of 200 pallets, wouldn't it be completed by now and ready for distribution once they secure a contract with a retailer? I wonder why they are taking so long to put out an update?
lol, they push thru 5.5 million shares, but only 1/2 filled my order and gave me 1 million at .0025, then raised the bid/ask to .0026/.0028
lol, they push thru 5.5 million shares, but only 1/2 filled my order and gave me 1 million at .0025, then raised the bid/ask to .0026/.0028
I've got a bid open for 2 million at .0025, wonder if they will fill me this morning. that would take me up to 4.5 million total.
don't you think it will need a catalyst to get us there?
i hope your right, I added to my position yesterday when I say it turnaround.
I was afraid it would drop today, too much optimism yesterday.
looks like they are putting the brakes on it today.
Yes, a realistic post!
volume always kicks in later in the day.
1) hold and wait, but its dead money until significant news is released which appears won't be for awhile now, or 2) sell and buy back lower in the coming days/weeks.
lol, i'm buying more at .0032!
yep, i even did the same, sold some at .0038 and bought them back in the low .003's.
should rebound EOD being that has been the pattern on Friday's with anticipation of big news hitting on Monday or early the following week. We are now 8 weeks since they released their last PR and a follow up status should be released at any time.
sht, why don't we all put out a newletter pumping TBEV seeing that the company isn't doing anything to help.
No thanks, I don't chase. No need to turn pissy, I was only trying to understand why we were not moving like DNAX.
dude, i just can't figure why both TBEV & DNAX took off at the same time yesterday, and both had no news to explain their runs. Today, DNAX is showing great follow-thru which TBEV is tanking. Just trying to figure out why.