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Is it possible for a 911 to come across from the MM only to have the company say, "wait, we're not ready yet"?
We've seen at least three other 911 trades over the last month and had no news release. My understanding of a 911 trade is that news is coming down at the moment.
I've grabbed over 8 mil this week alone. Problem with the pps moving higher is that every time 2'a clear out we have wall of 60+ mil on the 3's. We are only going to get around that wall by jumping it....when positive news is released, folks will begin to hit the 3's so fast that folks will be scrambling to increase their ask allowing the wall to be jumped and upward movement will begin.
Someone was waiting to see if we were gonna run some this morning after yesterday's close. It took 'em 30 minutes before putting up the wall at 11. 10/11 is a strong base to start the run to come when Francine officially releases the news she has been hinting about the last few weeks.
TD Ameritrade's L2 showed it broke down into smaller trades; 5000, 9500, etc. But it was all one larger trade.
That last trade was no small time paint job. Getting close to the goal of 25 mil shares.
That's why this is such an exciting play...real revenues are on the way, and those revs may be significant with all the locations INMG can be found. With strong revs, this will not only soar in pps, it will soar and hold its higher pps. GLTA
Not sure what can be reasonably calculated for a target because fins do not reflect the new merged entity. However, based on INMGs assets, the CEOs reputation; a nickel can be possible. That would create a market cap of 150 mil which is very reasonable for a media company with the assets and income potential INMG has currently.
Correction...not enough sold at .0014.
Congrats to you. Probably doubled your $100 to $200, assuming you were in at .0007. Not enough shares sold this week to do much better. My average is a tick over .0007 and I'm in the green almost 2K, a solid percentage return by any measure over a 3 month period. However, my shares are not for sale.
10's were almost gone and 11's were thin earlier until someone sold into the 9's which spooked weak hands into selling? MM's or someone wants this staying in the 9 / 10 area (or lower) for the time being. That would explain the 200 code this morning.
4 mil more added today. Will be up to 25 mil soon if this will stay in the 2's a few more weeks. .05 on 25 mil shares is worth a little wait time. Take advantage of this time to accumulate...where's the risk? It's very minimal. Good to all!
Selling into 9's makes you absolutely nothing??? Unless you've been holding since trades were in the 6/7 or lower levels. If you've been patient to this point; why give up now when REAL profits from pps are about to hit?
$300 Million over 3 years means $100 million per year. (See how I did that tough math. LOL)
If that equates to 12 million in profits and we apply a P/E ratio of 12 that takes the pps valuation to .036
BRWC is the place to be...little risk, outstanding upside!
.0014 may take some time to break down with the wall that came up there. Knocked us back down for the moment; however, we've seen the same wall at 9 / 10 / 11 etc and have overcome each of them so far.
A close around 14 and premarket news on Monday that officially confirms Francine's letter would be awesome!
Not anymore. 12's are up
Watch those ASK's keep moving up.
9's gone
Over 5 mil in ten minutes. Love the 9 mil sitting on the bid at 8...couldve had that all morning. HA
I've had my GTC order in for a while now....at 100% capacity; I don't think it's high enough.
PPL better jump aboard while they can!
AWESOME NEWS
GREAT COMPANY
Selling into 7's is most likely someone who has lost their patience and will be upset when news hits.Unfortunately it is often the flipper that grabs it to make an easy 100.
$100/day flipping for the month will earn you 2K which isn't chump change; but 10 mil shares that just runs 4 pts is 4K. Which would you prefer? I like my approach to that of the fflippers.
Although I admit the lack of communication did make me nervous, but like I said earlier...you aren't seeing any nervous posts about communication from longs here any longer. I wonder why? HAHAHAHA
That's what their playbook says to do, but this former algebra teacher can do the math that shows it's much more profitable (with less stress and time wasted in front of the computer) to find a quality company that you INVEST in. If you can take out a sizeable amount of shares the payoff can be outstanding...I think that's how a guy named Buffett made his money???
When this runs, I'm going to be very satisfied along with many other longs.
Awesome...nice grab!
I wish someone could that because they have no desire to sell at 9. A few slaps at it will cause them to move their ask to 10 or 12, if someone could just take it out in one move their day would be ruined as they watched the beginning of a run. HAHA
I vote for news and 10Q to be released next week...flippers may have this down to 6 again by then and I'll have more dry powder to add a decent amount to what I have on Monday. Volcanic eruption coming; too bad some can't see it. Longs are nice and relaxed which should tell ppl something after we spent much of the last two weeks posting messages about our frustration at a lack of communication from the company.
All is good, baking some cookies so that we can sit back and do some ASK watching when the flippers start chasing the eruption that is about to hit. LOL
Be patient; you'll get them if we news isn't released soon. LOL.
I've watched the L2 action this morning and will agree that the 30+ mil that showed earlier at .001 was a fake wall. However, I believe the current 9's on the ask are folks who are giving up and trying to get out.
TTM is right, a simple post from the company that gives a general framework of when the FINS will be released will strengthen the longs here...the 10Q being released will not affect any current negotiations and an explanation of why it is so late will not affect those discussions either.
Being patient is costing many of us opportunities elsewhere while we wait for the growth we all believe is coming. The 10Q and some guidance is only right.
Drcreger says he learned of brwc from someone else's balance sheet.
Thanks Slyck!
Nope. Just one Tweet, FB post, or email because she did fail to deliver any news last week as she stated she'd provide. I get it that things occur that are out of her control; especially if a merger is being worked through. A brief explanation of the delay would suffice to promote a whole lot of patience with investors.
Thanks BLULLISH, I'm in and looking for a fun ride. But it wont hurt my feelings to stay at 2 - 3's for a few more weeks to load some more. I'm debating the sale of another position I'm holding to clear out the rest of the 2's.
she doesn't have to answer every investor...a simple tweet or FB post will do. Personally, I haven't emailed or called once because I don't want to be one more person pestering her when she has much more to be doing. This is type of quick, simple communication social media is meant for. I think TTM has been asking for a social media statement for over a month now; that's not asking too much.
Nope, no news again. I too am very patient, as long as there isn't a complete cone of silence in place. A simple "I got this" would suffice.
I've been here since June and yes; the revs have been real and we all know that 2nd Q revs are there....we just don't know how much at the moment. Just like others, I'm frustrated at the cone of silence that currently exists but it is a company with revs and a plan. Once news is released, I like anyone else may change my thinking on this company. Or, I may wish I had a lot more shares, We shall see.
My simple math skills say that I can be successful maybe 3 times a week making 300 or 400 dollars those days for about 1K a week after losses and commissions...or I can just buy and hold for a while. I've lost on a couple and done OK on a couple, but yes, I'm looking for decent positions with real possibility of multi-bag returns.
$5K for 25 Mil shares held for several months and sold for 10X the amount is much easier than being stuck at the computer worrying that an entry or exit point is missed or a runner is missed just because you were cashing out pennies on a flip.
Besides...I have a business to run also.
Real company with real revs is always the first thing I look for with pinks and those who bash can't deny that BRWC is a real company with real revs...although they try. I have the company valued at .003 - .008 which will make me happy with my modest amount of shares. However, with the right news, merger, or just a crazy run we could see much more. i just don't see those of us who have bought in under .001 as having much risk here unless you were looking to do a quick flip.
Ok, I like what I see hear and am considering taking a position of 20 - 25 mil shares at 2 and see virtually no downside risk with one exception. Will someone clear up, or make me feel better, about my concern over SS.
I see AS at 9.6B, OS 2.6B, and the float is 1.6B. My concern is the 7B AS that could be used by the company for any purpose he sees fit at any time. My concern would not be about the price being driven down any further, I'm willing to invest 5K with the idea it may fall to 2500 (assuming I'm filled at 2's), my worry is if the 7B shares are used by the CEO then the real possibility of going into a no bid situation exists and I really rather not lose 100% of 5K; nor wait months to get out in a no bid scenario. (This happened on a previous stock with the same setup.)
GLTA and thanks for any insights and repeating things that others who have been on this board for a while now may already know as common knowledge.
I too am glad he's here if he is indeed buying up 200 - 250 mil shares...that equates to 10 - 12% of the float and will drive up the pps. The key would be to know when such investors plan to sell so that us small guys can bail ahead of time. I could sell all of my shares in one transaction and not impact pps; but someone with 10% of the float would cause pps to tank.
With that said, this old math teacher / coach believes very little of what I hear and watch the actions of those who downplay things while saying very little to tip their hand very closely. Lol
Just saw that Arianna is on Jimmy Fallon tonight, maybe a BRWC Waataah merger announcement. Lol.