Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The strange thing though is that these were as close to what you could call "buys" on the greys. The price they were sold was quite high. Something is up.
Heavy buying. Someone must be expecting something
This is much more than flipping, it has barely moved yet so not much point in that yet. This is extremely heavy dilution. It should be over 0.01 by now with the buying pressure over the last few days but it has not moved.
There must be so many shares in the OS at this point that I'm getting skeptical that this can get much over 0.003 without collapsing back.
How does that make sense? 100s of millions were added today alone.
Lets get to 2s first!
Correct. All this company does is start negotiations and never finish them, got suckered before, never again thanks.
He also goes very quiet once the initial news is out so I'd presume nothing for a while now and it will settle back to 1s/2s again waiting for the next fluff.
What a bargain! They were worth 0.001 yesterday! :)
Thanks to you too in that case! :)
Seriously though, it looks like this one is starting to move, MMs are looking cleaner on the ask. I'm guessing that is why you bought 10m. I'll follow shortly once I get out of another position.
I'd say we're on our way here! Buying has returned and the MM lineup on the ask has reduced.
I'd like to thank whoever fat fingered a 0.001 trade today and made my account look great! :)
Crappy day here today but nice close and lots of buying pressure. Multiple MMs jumped all over this and took it down. At some points they were passing it back and forth like a hot potato moving it down and down. Then the selling pressure eased towards the end of the day and it started to recover.
Hopefully that continues into tomorrow.
I wrote this one off for a while and had sold my position at a loss but bought back in lower hoping for a new run. I'm back in but I have a different perspective this time around. We'll see soon whether this will move again.
Or bought, depending on which way you choose to look at it. There was some significant buying happening when it went to no bid.
Huge amount of shares being bought!!
Now at no bid with 75m on the ask.
I'm still here and revested now. The new location is the franchise concept not just scaled down. They clearly had issues franchising the original model and this one makes more sense.
Will it work out? Who knows....
Come on now, it was very different. They completely backed away and didn't send update emails. Usually those promos last over a week.
And they backed away due to their own issues. We all know the facts here, that was not a proper attempt at a promo. With the drops and bottom here, this is primed and ready.
There was one failed promo. Now there should be a real one coming
A promo is most likely right now. They won't take this under 1c in my opinion otherwise they'll ruin their own game. Better to run it back up and play it again
They still do it. Seen evidence of it several times. Short sell the stock down, then convert at heavy discount and cover. Big money made
And what are your thoughts on debt conversion combined with shorting to make more money?
I.e. shorting and then converting to cover to make twice the money?
That's because its not a pump. Its a short attack. They took it right down and then covered around 0.012 heavily.
It went up today, it has already begun....
Ok. Cool. I do like your picks recently. Always seem to move very quickly after you call them and are making some great gains.
I'll see if I can catch a dip in the morning.
That was a good call. I missed out because I was busy and it was already at .0009 by the time I got chance to look. Well done!
Are you going to jump back into ITEN at .0005 or are you done?
Thanks! It is looking good. We just need a little more volume and it will breakthrough the channel
It's not lies, anyone who's been trading here for a while knows about Ira and this court case. For there to be any good news, it needs to be about someone else picking up the company and taking over.
The old management tried but failed and left after he was locked up. There was a strong implication in the final PRs that he was still in control and that is why they left.
Personally, I think the last few days have been an interesting play on a dead stock with no dilution. Good play but not one to stay around for long.
It's like they are arguing with each other on how bad to make this look.
Wow, ask is all over the place. One minute its 1m, then 91m then 1m again then 26m. MM games.
I know a story like that.
It's about a young boy who's parents get murdered and he gets an obsession about bats. Works in a cave and creates new technology and fight villains.
Oh no, wait. Wrong film.
Both are good stories though.
Simple answer to that one. Every situation has a potential upside, it's all about timing and finding the bottom level on a stock. The failed pump and dump has artificially lowered the price to levels where it can rise very quickly and it has done that a few times recently.
Any OTC stock is a gamble, like I say, it's all about timing, price and opportunity. It only takes another group to pick it back up and run with it and this will fly. It's very thin when it does move.
Not true. Lower prices mean they can accumulate lower and then create momentum to sell higher.
If that was the case, we wouldn't have seen MMs taking advantage of a slow day to beat the price down. I say more action to come
Ive been trading this one in Canada for the last few months. What halt are you talking about?
Its only April....
:) Those were the days. Enjoyed that one, especially the run to 0.01.
This one could be good again but needs some life or a whole lot of patience. One big volume day will cut through the 1s and it would be off and running.
So, entry point around .0008 or .0009? Thoughts?