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This is just funny to watch. It is currently showing a 30 x 32 b/a with a closing value of 32 so basically everyone is just holding their shares now or holding their ask...about damn time.
This is not the day to be selling your shares if there was ever a time due to upcoming news...I guess some people just can't help themselves, but we all know that when the news hits, all those people will be back to buy at a much higher price.
As a followup to my previous post, as you can see someone sold off a couple hundred dollars worth to scare some people and BOOM, getting big hits at .003 >.> Obviously going as I stated and scaring some people lower and getting more big hits. yaaaaaawn.
...and once again you might wonder why it couldn't hold onto its subsidiaries.
I thank you for educating me on the fact that their stock tanked and their company became so garbage they couldn't even hold onto an investment for a full year.
I'm just happy to know that their company sucked so bad that they had to sell 2 subsidiaries to pay their debts because they didn't even have enough people left interested in the stock to buy any of the stock the company could have issued out to raise capital.
http://www.jihsin.com/manufacturers/information-technology/watchit-technologies-inc-newly-purchased-subsidiary-ecologix-to-team-with-air-pure-systems-development.html
look it up...this is why Watchit Technologies Inc. owns Air Pure Systems Development Inc. as well as Ecologix.
They essentially bought almost all of Green Bridge Technologies International, Inc.'s subsidiaries, hence their stock tanking.
They basically have nothing left.
Ya...that is covered under the 90 second grace period due to a cutoff where they basically finish off trades that have commenced while disallowing any further attempts at buying stock for others who haven't started a fill.
I just figured I would mention that the last time they did T-trades on Friday, they came in at approximately 4:30PM EST so I will check back periodically around that time.
I just figured I would also add, even though it is not as regulated as it should be by the SEC, that repeated offenses by any one MM related to what shows up as T-trades for the OTCBB market hold large fines due to the fact that actual t-trades aren't allowed and actual volume isn't represented during normal trading hours, which is an indirect form of manipulation.
I know this isn't going to happen due to PR usually coming at 8:30AM EST, but it would be hilarious if they posted the investment news at around 4:30PM today just so I could have a little chuckle to myself after today's selling activity.
well, T-trades on the OTCBB are basically just MMs squaring up their sheets and in no way should be related nor reflective on the closing price or have any bearing on the next day's open.
All the low prices are just more opportunities for people to get in. I'm not saying it is good for the longs right now, but once everyone stops selling so low and just sucks it up and holds, we are in business...just hope the PR is tomorrow...would be nice.
I'm going to tell you straight out that the only way any individuals are going to get substantial shares in this company is to buy at the ask because there are too many people holding their shares for higher prices IMHO.
Essentially, all the weak hands have sold off and the only people that are holding are those who have actually researched the company, the claims, and have felt it is a worthy investment.
We are at a stand-still now facing off with the Market Makers and the only way this is going to move up the way we want it to is to get the news of that meeting to prove to those who don't take the time to do their own research that a huge company is backing the mass development of this product.
I'm not going to lie. I'm not going to promise or speculate on a price we will hit at a certain time. I'm not going to try to influence anyone, but I am just saying to prove to yourself that the investment you are making is the right one, and in my honest opinion, it has huge potential.
Watchit Technologies' twitter page states that news of the meeting will be coming out this week. If anyone knows how legal papers work, especially in terms of the size of the "White Paper" that was released recently, it takes time to get everything in perfect order. It takes time to get everything properly written, verified, double-checked, and finally read over by the investor who the contract involves. After all that it, then, gets signed and the news has an agreed upon date to be released as a form of legalities.
If you want to say this is all fake or whatever, wait till Friday at maximum whether you have invested in WTCT or not, and if no news comes or it is "delayed," you can make your own personal decisions.
^^Anything written or expressed is purely opinion in regards to the Watchit Technologies company (WTCT).
Can anyone here tell me what stock has never been promoted that has gone on to be successful?
It is like a small business...you don't know who the hell they are unless they get promoted by television, a newspaper, the internet, word of mouth, etc.
Honestly, before I bought into this company, I had no friggin clue who the hell they were just like I don't know the tens of thousands of other companies on the stock exchange. Unless you pay to get some advertising for your company to attract people, you will fail, similar to any other small business that has grown into a huge corporation.
Trying to get people to drop their stock because they paid out some cash to get some exposure to how great this device will be is no worse than McDonald's putting a commercial on the television.
...and they paid for that too if you don't have the common sense to realize that.
I laugh at the idiot that unloaded at 33 through 35, someone ate it like it was their lunch.
From the sound of the meeting they had, it was a finance meeting with a fast-track for patent approval based on a bill focused on greener technology being approved quicker.
Basically, it is assumed that the meeting was a huge investment company looking to either finance the product, merge with the company, or a combination of the two.
If this works EVERYONE is going to come-a-knockin'
http://www.airpuresys.com/Airpure_Systems/Fuel_Reformer.html
For all of you that want to know what the device looks like, what it does, and how great it is for fuel economy.
Already confirmed that shorters were the cause of this and was posted multiple times on their twitter page.
Knock it if you want, but nobody believes your garbage trying to bring the price down.
We are battling it out at the .004s range...we must hold strong and put the price where it should be in the .005 - .006 range on the day.
Just my opinion, but my guess is that the news will be that a major company will be backing the mass production and possibly marketing of this product to every major car/truck manufacturer as well as companies like Fedex, UPS, and any company that delivers products to places like Walmart, Home Depot, Lowe's, etc.
slowly weeding out the weak-stomach people and putting the pressure on MMs. Everyone is hammering the ask and the MMs have no choice but to bend over and take it.
This is just funny to watch. They get a few at the bid from morons and then have to rip through right to the ask within 5 minutes. As per this post .0033 x .0034
They are currently just beating the hell out of each other essentially having no idea whether this is going up or down, but we all know where it is headed so we are not worried...I'm sure they are though.
Essentially the MMs are currently like chimpanzees flinging poo everywhere and hoping it sticks...it has hit a lot, but more people are moving out of the way and letting it play out.
I see 20k packets being thrown left and right to insight panic...if anyone knows how to read and understand what is going on, they would just hold their asks and ignore it.
my chart shows the price going up as people are hammering the ask now...so good luck on trying to debunk it and get your cheap shares.
We already went over the conversation with the debt dilution way to get by and it is in fact NOT TRUE so stop bashing it so you can get cheapies since everyone here is holding out unlike the weak-stomach wimps that sold out the past 2 days. Entrapment by fear is just what it sounds like and was apparent for the past couple days.
Ya, what is killing this is that those looking at the L2 just see a crap ton of sells and start selling off...seriously wtf.
I will agree with that TPL that there are weak players and if you don't have the stomache for this, don't do penny stocks. I did my DD and am holding while the big money players eat the shares up.
I'm still holding just like the big hitters here so gonna ride it out...people are holding at their asks now as we have previously been telling everyone to do and people are buying everything mostly at ask now...shorters getting scared and running.
Anything sold in 100k packets is normally not retail and is usually used as a ploy by short-selling MMs to make the chart creep down and make people want to sell before it tanks...as you noticed there were a lot of people who fell for it and quickly sold out or had their stop-loss triggers fire (dumbest thing ever in a penny stock) which makes it look like it is crap when in fact there MMs are simply going to buy it back when it gets low again and attempt the same thing.
If it gets bumped up they will start having to buy back at ask and it will go back to where it should be.
someone is just screwing around or wimping out as the ask just keeps fluctuating with small packets being sold to drive the price down, but anyone that has been following this knows it is just games.
Thank you Wrongturn
...and bring your friends with you :)
Honestly, if everyone held their asks instead of wimping out, this wouldn't be happening...and setting a stop loss, as previously stated, on a penny stock is beyond moronic.
Yep...stupid people are just selling off wherever they can and everyone here is just eating them up like candy...huge ask buys ahead.
ya someone unloaded a crap ton at .0041, but it is creeping up now as people are hearing about the white papers and the huge potential this has so good luck all and get in while it is still low and people are foolishly selling off.
holy $h!t, they let something out a day early!!!
Hell Yeah.
As previously stated, white paper is out on their site...not quite sure if this is the one that was supposed to be released tomorrow...but at least it is something substantial.
basically a bunch of people woke up this morning or came home last night and saw the price and now are just getting rid of their shares. I must just say thank you to all those people...you played the game...and lost.