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Reality rears it's ugly head. CC should be interesting.
Many of us said that Henry couldn't get those loans without collateral. Loan companies did their DD and found Henry is pennyless and always has been.
No billions for you Mr. Fahman!
Remember when you had to scroll to the bottom of the page to see all the new posts?
Remember when we used to be the top read/posted company on iHub?
Ah...the good ol days when people actually believed Henry was going to take the company places.
Just like clockwork.
10Q due out today and a CC so Henry can try to explain why it's so bad and make more promises. Even added the icing today with another useless MOU for damage control.
We will see .0005 this week, count on it and trade accordingly.
BIG week coming, get some rest.
10Q should drop tomorrow then....BOOM! Got my buy orders in at .0004
It doesn't work that way.
I've never heard of a company get a big loan based on hypothetical growth. If the loan company actually did their due diligence on the loan application they would find that 20 years of hypothetical growth has never happened. 20 years of financial reports available to tell how much PHIL is really worth. 20 years of failed projects.
Heres my favorite: https://www.facebook.com/Philand-Ranch-156432821090772/
If your common sense tells you that PHIL is worth a couple of billion in loans....I got an awesome bridge for you to buy.
Elon is smarter then that.
Pretty sure he wouldn't touch PHIL with a 20 foot pole. Musk is smart enough to know a loser when he see's it.
The loans were just smoke.
Who would loan a company with zero assets and big debt a $BILLION dollars?
ANSWER: Nobody. Use some common sense folks. There isn't a single bank or loaning company that would make these kinds of loans based solely on talk.
He's out there..
Or at least somebody is minding the office and tweeting on the company account. Or....maybe Henry is hitting on that young hottie.
Either way...not a good look. Looks like lots of people saw that from this morning. Some pretty good snide remarks. PyschoStephany must be thrilled.
Something bad happens to me, and I remember all the bad in my life, my trauma and all. Just hurts so bad I wanna disappear
— Steph (@psychostephany) May 14, 2022
Is this the week?
Not holding my breath.... Good buying op coming when the fins come out.
Got my .0008's!
Now lets bounce this up to .001. I'd like to get a few more flips in before this tanks down into the low trips. I'll buy aggressively at .0001. I'd love to have 10M free shares if this runs again.
Trips coming...
Oh...wait...were already there. Remember when a lot of dreamers were saying this will NEVER go under .01. Then they said we will NEVER go to trips again.
LOW trips coming. don't be surprised if we see .0006 by the end of tomorrow. Next week could see .0005. When the financials come out, plan on it closing in on .0001-.0002.
Classic pump and dump. Trade accordingly.
Or try this idea...
Buy 1 million shares of PHIL for the soul purpose of flipping. Or any other stock you think might make you big bank one day. 1 million shares to play with.
1 million shares + .0001 SP move = $100. If you believe in the company and want to go long, fine. Load as many shares as you can afford to lose. But tack on an extra million shares to play with. Thats my new rule for trading OTC. OTC is for traders.
Last year was a good year for me and playing the stock market. What changed? I started using the "extra M to play" rule and learned it's foolish to marry a stinky pinky.
99% of OTC stocks are best suited for trading. Why? Because 99% of OTC stocks are all based off the same broken record that their CEO's seem to love playing. Lots of grandiose talk and no results. The long term keepers are the ones where real results happen, they show profit on the books, don't have a pile of debt or an insane O/S count. But those stocks....well...they don't trade at .001. There is a real, solid reason we are at this price point. And unless something for real happens to change that, we will see an even more accurate share price based on the lack of completion and as most...lots of big talk.
I was the same way.
Then when Henry failed to deliver so many times, the light bulb came on....
I GET IT! This is just like INND all over again!
I was REALLY stupid with INND and "believed" for 4 years before I finally wised up and started to flip part of my shares. I ended up doing pretty good with that one and when it goes to trips again I'll buy.
If your holding a couple of M shares and your not flipping this one with at least one M...your crazy. You'll be really pissed in a year or two when this is still trading in the trips and you lost all your profits.
1 million shares of PHIL flipped for 2 clicks is $180 after fees. Pick your 2 clicks and go for it. Stay long with the rest of your shares, just in case Henry actually does something.
Making money is wrong? LOL!
This will also fall like a rock when the next financials come out. That loan is an "IF" not "WHEN". In the mean time, I'll make some money and you won't by just camping on shares.
I still have 5.1 M shares of PHIL so if it runs, good. If not, then I make money flipping the clicks.
I used to be in the camp of buying shares and then just hoping and waiting. Screw that, I make money trading now and have shares for later. Going long on iffy OTC stocks is a fools game.
Wait for the next financials.
Then you will see a new bottom.
No...next week.
buy order in @ .0008
Got a buy order in @ .0007 for some HPIL too. Wonder which one will get filled first.
The 999,999 trades were probably from Schwab.
Schwab will only let you buy/sell 999,999 at a time. Must just be an average trader on those bids.
I've been seeing more weird trading on several different stocks lately. Today I was watching HCMC and it would have a 100 bid then 1.5M bid or something bigger, then another 100. Every other bid was 100 most of the morning.
What would he sell?
The company doesn't have enough assets to cover the light bills each month and tons of debt. Theres nothing to sell.
On the bright side...
I see a great buying opportunity on the horizon. If this goes to .0001 I'll buy as much as I can afford. Do I have faith in the company? No...Do I think Henry will finish his "life's work" ....whatever that is? Maybe...
Have I seen many....MANY of these wannabe on NASDAQ stocks run up and down on a regular basis? Yes! For a long time I was stupid and thought that a penny stock would make me a millionaire only to "sit long and strong" and watch thousands...hundreds of thousands of dollars come and go without taking profits. YUP!
This one CAN make you money. It has made money for me. But the truth is this:
Until Henry for real, nobullshit, on the books and making money, delivers....lets call this what it is... a pump and dump. Play it accordingly and put a few bucks in your pocket. Got a couple of million shares? Play with 1 million and sit on the rest. At least you will be making a little money and you won't feel like your being screwed.
And who knows...maybe Henry will pull something off.
Closed in the trips.
Guess it's official now.
Again, lets be brutally real...
When the "loans" came into the picture was when I got serious about flipping this one.
Reality check for the daft: Who in the world would loan BILLIONS to a company that generates zero revenue, has no collateral and a long history of failure?
Answer: NOBODY!
It was a harsh lesson to learn.
But valuable. Lets be brutally real for a minute..... Is it realistic to think you can buy $500 worth of shares and become a millionaire? Sure, it happens. But it happens about as often as Henry/Matt/Ron (insert CEO here) finishes something and actually generates revenue and builds a legit business.
Lesson learned is as old as dirt: BUY LOW AND SELL HIGH!
I wasn't always a flipper.
But I want to make money. The ONLY way to make money on these iffy OTC stocks is to take profit as often as you can. Thanks to Henry, I learned the lesson. There were others that helped me to learn. Matt, the CEO of INND was the first guy that helped me to understand that these "companies" aren't real "companies", they are share printing machines that make the CEO's a nice living.
I played INND for 4 years. Twice I rode it from trips to just under .10. The first time I was stupid and listened to all the pumpers proclaim: "here we go! Next stop NASDAQ!" and I watched my 2000% profit vanish in a few months. When it started to run the second time I was ready. I had been accumulating shares in the trips and flipping to get the free shares. When it ran to .09 I sold 3M shares. I paid of my house, paid off ALL my bills and became debt free for the first time in my life. To this day there are people STILL holding INND convinced that Matt will take INND to NASDAQ. Interestingly enough...Matt the CEO of INND also lives in the same neighborhood as Henry. Both of those guys have made nice livings talking about all the amazing things they will do all the while printing and selling shares and NEVER accomplishing anything.
I'm flipping.
This is NOT an "investment" it's a trade. I finally realized this after the third or fourth time Henry failed to deliver. I've held many other OTC stocks that followed this "promise and fail" pattern and last year I started to flip this one.
I finally learned that most OTC stocks are for trading. I've done well with PHIL.
$13,000 initial investment and as of today I've made $36,000 and am sitting on 5M free shares.
Today I'll try to flip the .0008 to .001 gap with a M shares and take my $200 free beer money. Lather...rinse...repeat....make money. Sitting on shares and hoping this runs to $1 is foolish. The record and history of this one shows it will never happen. Play the game and take profits.
Won't go that low by then.
But for sure we will see .0001 right after the next quarterly report. Very sad. But completely understandable. This is what happens when you talk a lot and do zero.
Henry has talked a big game for a long time. The truth is, he has no game. He is happy as a clam traveling around the world on your dime.
So much for that "bounce trade".
You'll be waiting a long time for that now. By the end of the week I might be able to buy where I did the first time over a year ago at .0007.
looks like trips today.
Seeing lots of huge blocks moving. I think the time has come where people are voting with their feet and moving on. Seems like stop loss trips at .001
Next week.
Or maybe the week after....
Just another Henry dream.
I had high hopes for the 5G deal. But now I see what the marketing strategy is, thats done. Baiju is a nasty tasting drink that is primarily used for social gatherings and to impress people. Those 3 things won't fly in America.
Was that the big news?!?
Make Baiju in America to sell to the Chinese?? Stupid idea. Chinese WONT buy something they have been making for centuries. Even if it's all laced with arsenic and coal dust, they would rather drink poison Baiju made in China then drink something made in America.
And having drank Baiju, I can tell you for a fact...AMERICANS WONT DRINK IT!
Trips coming for sure now.
So....next week?
Hit a new 52 week low today. If we hear nothing from Henry by close Friday, I'm thinking trips by Monday morning.
For once, I hope Henry surprises us.
What happened to the volume?
Did this one get locked?
New 52 week low.
Not good. Even with all the tweets and an 8K yesterday. Were only a couple of clicks away from trips. If we don't see some blockbuster news soon we will very quickly dive below .001
But in reality...
I'm thinking by next Monday we will be flirting with trips. If Henry had some earth shaking news he would have already posted it. He's got nuthin. So I think a lot of people are thinking "this is the week" and are going to be disappointed yet again.
Longs are starting to loose hope. Only a matter of time until Henry wears everybody out and we all leave.
I was thinking the same thing.
If your going to toss out random silly numbers....go big or go home.
So here is my absurd, outlandish and stupid guess:
$982.52 by Monday. Why? because that is what Tesla is right now and we all know how similar we are to Tesla...right?....right?
I want some of what ever your smoking.
1. Market is closed Friday.
2. NO WAY will we be over .002 by Thursday.
Sheesh....talk about outlandish.
Gee...thanks for the attention.
Yup, I was once thrilled to own a bunch of PHIL. A lot of us were. But sadly now we see that this isn't the Philianaire club we had hoped it to be.
Thats said, you can make money with this stock. If your long and strong and think Henry is going to deliver anytime soon, no, your not going to make money.
But.....if you occasionally sell the highs and buy the lows it's a good little cash cow. If you got an extra M or two, flip it once and a while. Makes the waiting for that "moon shot" much more fun and profitable.