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well the current price of .0045 is scraping right on the 50DMA which is our line of support during this uptrend, if it gets breached, then technical support has broken down. Unless news can bring in enough new buying interest to this stock, support may break down if the next PR doesn't come for a couple months as did the last. The news appeared to be very good, its just how it gets interpreted and traded by those who were looking for it to explode which it did not. Thus, short term things appear pretty ugly, but there is still a great long term potential if things progress in the right direction.
The news is not pulling in enough new buyers to offset the retards who are selling the news, guess thats just the way it is in Pennyland. Guess we will see how this finishes today, but it may be dead money till the next round of news comes.
yep, now its down .0007. I'm done watching it, will check back in December to see whats up.
guess the dayflippers got disappointed that this didn't take off on the news and are now selling? Well as I'm typing this, the price just went red, very disappointing to see this initial reaction in price. Looks like it will probably lanquish until follow-up news down the road so I am just going to lock my shares away, stop looking at it for a few weeks and take a breather, otherwise its just too disappointing to watch it today.
news comes and volume is only 5 mil and the price is only up a few ticks? I'm confused, why aren't we over a penny? I know we will be down the road, but this is ridiculous that today's news is not having a much greater effect. I know, patience!
The eruption will come when the news comes.
highly doubt it, would have happened pre-market or early this morning.
Looks like were capped at about .006 until news, my hunch now that we did not get news today is the next logical opportunity is Monday. I don't see it coming tomorrow, if it was ready to be released it would have happened today or earlier in the week.
Here's my 2 cents worth. I see 2 possibilities based on DRMO's posts indicating news in November.
1) He has news to publish, so he just needs to pick the best day in his mind to release it, or
2) He strongly anticipated to have significant news to release this month based on recent developments and will release it once ready.
Thus, if #1 above is correct, then the remaining days available in November that would make sense to publish it would be:
- Tomorrow (Wed.)
- Thr. 11/19 - possible
- Fri. 11/20 - highly unlikely, end of week
- Mon. 11/23 - possible
- Tue.11/24 - unlikely, would probably have done so Mon. instead
- Wed. 11/25 - highly unlikely, day before Thanksgiving
- Fri. 11/27 - highly unlikely, end of week
- Mon. 11/30- possible
Thus, I only see 4 likely days left in November for it to happen in my opinion. My #1 guess would be tomorrow because what I can gather from the last time he said news in September and he delivered it mid-month on a Wed.(unfortunately it was shortly before I bought my shares which were after this first pop). If it doesn't happen tomorrow, then I think the next most likely day would be next Monday.
You may have missed the bottom, I know I did because I didn't even know about this stock until 2 months ago, but a month or six months or a year from now I think we will be ecstatic knowing we stole this under a penny if things work out as envisioned.
I say bring on the news and lets launch, we are all ready and waiting!
We are loaded and ready, bring on the news Mo before VNDM manipulates us to death!
So what does this mean then when they make shares available and the float increases, but there is no dilution? What does this do for them to move shares from restricted to unrestricted to increase the float? And then this market maker VNDM jumps in to broker those shares? I'm confused, or does it even really matter?
Well it looks like each day until news comes out now will probably look like today, minimum volume and little to no action as all of us have fully loaded ourselves and nobody will want to sell before news. Maybe tomorrow will be the day.
hmmm, but EQLB is not diluting, so why would it be involved with this stock now?
which means today may be the last chance to buy below .01
Who/what is VNDM, is it a market maker and if so, why is this one always appear to be suppressing the price?
About 5 years ago I was trading heavily and I told them I was going to take my business to another broker if they couldn't lower my commission, so they dropped it to $8 for me and have kept it there ever since, even though I am currently trading far less often as back then (I was trading biotech stocks back then).
Up is better than down, hope your right!
I pay $8 per trade, been with them about 10 years or so.
Well I'm loaded up, sitting and waiting, can't wait to see that comes like everyone else. Just glad I was able to get more shares today before the news, the 3-day hold on my funds by Ameritrade cost me 50%, instead of buying at .004 early last week, I had to buy more at .006 today. If this goes over .01 on news and sustains, it won't matter much anyway.
I just hope it meets the definition of "Epic". The expectation is that it will provide much more insight as to the partnership plans with Timbaland and the re-launch of Last Shot. It won't be Epic if it does not include meaty details about Timbaland and his involvement.
I'll say 1) next Monday, or 2) this Wednesday.
hmmm, nobody bashed you yet for posting something non-positive? Well my response is that if the next news release is not "Epic" in nature and instead, using Love Your Neighbors example, just something like re-design of their product label or something like that, then for most it changes nothing because they are holding long term and not just for one news release. It would however flush out the short-term flippers who only bought to "sell the news", so I would expect a short-term impact to the downside, only to rebound as people scoop up the available shares again in prep for the "Epic" news that will come.
That's my thought, just bring on the news DRMO!
I jumped on it at .006 because it was behaving like it was going to run higher, from the moment I bought, my price was the HOD, guess more shares became available from someone selling.
Guess I bought at the HOD today, grabbed 500K more at the open at .006, they wouldn't give me any cheaper and they tried to get me to pay .007 before filling me at .006. Guess it won't matter within a few days anyway seeing that news is due out this week.
I can understand, those that bought real low before the Sept. news have millions of shares and some are probably taking some profits and letting a set amount of set ride the next wave. I'm more of a "buy-on-the-way-up' type, so I don't mind paying .006 when I know it should be much higher in the coming weeks/months.
when I raised my bid from .0055 to .0060, they filled my 500K order pretty quickly. At first, they only filled me for 20K shares, then they jumped the price, but a few minutes later they dropped it back down and filled me quickly.
weird, now they filled my whole order and dropped the bid/ask to .0053/.0060. Just glad I got the shares I wanted, my truck is now full and ready for launch!
actually, they only filled me for 20K shares!This will fly over .01 in seconds once the news hits!
wow, I placed an order for 500K shares at .006, they only filled me for 50K and immediately jumped the ask and stopped filling me at .006.Just imagine how fast this will run when news comes out!
thanks for the quick reply. I thought that if a public company were to go private that there is a buyout price and thus the shareholders would get a set price per share, guess things are different in pennyland.
Question - I still own stock of this company which I purchased a few months ago, now that the company has gone private, are my shares worth anything? Is there any way to sell them?
Well Ameritrade finally lifted their hold on my fund transfer and I placed an order to buy 600K shares Monday morning. I plan to buy $3K worth at the open and another $2K soon after. Hopefully I will get .005 if news doesn't hit pre-market, but if it does then I guess I'll just have to ride with what I've got. Win-win either way!
Thanks for the reply Blackops, I asked you specifically because I figured you would know because you have been around this company a long time. It's important to know that answer because if they do have a stockpile available right now, then things will happen much quicker versus waiting on a production run to happen. Funny that I ask you and I get two other twits responding with their garbage. Appreciate your response, have a great weekend and looking forward to next week!
Any idea of how much product they have available right now, or do this have to have another production run first before rolling it out?
ha ha, funny one! Looks like someone sold 150K shares at .0050 as the last trade, guess whoever it was either doesn't know about whats coming next week, doesn't believe its coming next week, or needed a few bucks to buy beer this weekend! Hope I can pick up those .005's Monday morning, I will be buying at the open. Have a great weekend!
lol, someone did a reverse Picasso!
Sorry GM, guess I just ruffled someones feathers and I apologize. You have the most credibility of anyone on this board in my opinion and I look forward to reading your posts as you appear to have more knowledge about this company and where they are headed than anyone. I am just a somewhat conservative old dude (is 55 old?) and am new to this OTC game and I guess I come across as having too many reservations, guess its not my distrust in EQLB, but my overall reservations in general when 99% are all on the same side of the fence saying the same thing. Have a great weekend, any day now we should all be happy campers!