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.
That's my simple question for the day. Why keep COWN on the ask if he knows that's suppressing price? It wouldn't be illegal to route his sells through a different MM, correct?
I was noticing that. No big bid dumps when many could be flipping right now. I'll be holding for awhile, so I'm good either way. Hoping for a nice steady rise through next week.
Doubled up today after getting 22s yesterday. Saved some powder to add if COWN flashes and scares people tomorrow. Either way, I'm comfortable with what I have already.
Is it significant at all that COWN is showing 2500 instead of 10000? I'm guessing no, but still learning the game.
No clue. Back at $0.335 now. Not quite done I guess.
At $3.44. You can actually follow level 2 on this stock for free on otcmarkets.com.
I was in the "gap needs to be filled" crowd. Once it tapped high teens, that was good enough for me. I bought at $0.22 eod yesterday when COWN bumped back up to $0.25, and more than doubled my position this morning at $0.30 when he left entirely. I thought he would hang around for another day or two, so figured I could hit low 20s again today. I was wrong. Happy to be back at a $0.27 average.
Maybe this is too simplistic, but wouldn't COWN, or more likely, the entity COWN is selling for want them to let this breathe for a couple days? If they stick around, and keep pushing down, this does get ugly. I agree. There wasn't much slapping going on when he was up top.
Bought back a small position at $0.22 near eod. Hoping today was the end. Will double up tomorrow if things look good.
I wouldn't ask that here. I was told I "sounded so stupid" yesterday when I mentioned the gap filling, and wanting to get in high teens. I haven't gotten in yet, but an eod flush could get me there.
Thanks for the input.
Feels like that 14-23 gap fills tomorrow. If I'm wrong and miss it, oh well. Good luck to those holding. I'll be back in, in the teens if the gap does indeed fill.
I could see that. I'm on the sidelines, and if that happens, I'll be loading.
Swallowed my pride and bought back in today after selling (for a 55% profit) at 39. Today was the dip I was waiting on. Jumped a bit early and got low 70s, but am happy with that. Air Force contract? Should be fun tomorrow.
Thought I missed the run. In at 45. Loving the pullback.
Yep. Newbie mistake. Still locked the profit which I feel good about. I'll be back in Monday I'm sure!
Congrats all. I bailed with my 55% from 25 to 39 because I'm taking the big family RV trip, and didn't want to babysit things. May have to grab a chunk Monday if I get a mercy dip. Regardless, another fabulous call by John Kent.
In for a small chunk at $0.25. Was waiting for it to stabilize. Glad I got in near the open price! GLTA.
I don't doubt that's possible. I'm still glad I sold at $5.77. Am about to jump back as I think the heat of summer and/or gulf hurricanes will cause a price spike.
Just took out the 29's for a starter. Let's roll.
Thought I'd missed the boat here. Can't believe I filled at $0.0107 earlier. Too bad it was only 40k!
It appears OPEC did what was expected and extended the cuts. Pretty sure he market thought they would go deeper. This sell off appears a bit much, and I'm looking for a good reentry here after selling at $5.77 last week. I think it dips to near $5.00 again, but I'm no expert.
I'm the kind of guy that says "good point", but buys zero shares. Still don't know what the company really does, so I avoided.
Haha. Good point.
What does this company do? I'm having trouble finding much.
This has to be lawsuit material. So glad I went with my instincts and bought 0 shares. When the company is posting random garbage on their Twitter, and you have a board member trying to "start everyone's engine" in the face of mass dilution while telling everyone there is no dilution, you have a broken stock. I see low teens here, and feel awful for all that got stuck.
Good God. This is getting worse than I even expected. Just learn from the mistakes you made here if you bought this hype machine.
PSA from a former bag holder. Just evaluate why you bought this stock. If it was due to someone on twitter, or IHUB, please evaluate that decision and paper trade a couple of stocks that you see alerted by that person or group next time. Or just really dig into doing your own DD, which is of course preferable. This pattern is incredibly typical and predictable. Look for a paint up to mid to high 70s at close, and a dip and close to near 60 tomorrow. The bottom may be nearing, but I'm guessing volume dries, and then it's a slow bleed further down.
Strong base at 110 became possible bottom at 90 which is now "hope these 87's hold".
Please learn from this pattern and look back for prior examples. I held a couple of pretty heavy bags when I started in the OTC. This will sell off down to around its prior floor, and you will hear nothing from those that were touting this in past weeks. Just remember "stupid retail" sold this at 170, and 150, and 130.......
Wow. Yeah, that would be a handsome tax savings for sure, and would seem to indicate his plan. At least from a common sense standpoint.
Did I read correctly in that when there is a reverse merger, the new company can use the previous shell's losses as a tax benefit regarding the new company's profits? Maybe I'm not stating that 100% accurately, but you get the idea. If that's the case, then this seems like a surer bet.
As a relatively new investor in this arena, this will definitely be a fascinating watching and learning experience. I may grab a small position just in case if prices stay cheap tomorrow. I'm trying to learn as much as I can before jumping in. This seems like a fairly unique situation though. Good luck to those already long here!
So is this still an oil company? It seems that way after the 10k. And what is the new A/S, 6 billion? Nice to see they are current with the filing.
I was thinking it would get painted to .0123 or something. .0130 shows some panache.
If you're new to the OTC, prepare to hear "stupid retail", "dilution almost over", and excitement over "bargain prices". Then the "chart breaks", or "dilution was a bit more than thought", or "it was manipulated". Remember, stupid retail was selling into the bid at the "bargain price" of $0.0170 yesterday. So at the very least, they could buy back in with that cash for significantly more shares. Never bet more than you can lose.
Why does this company continue to tweet irrelevant nonsense?
Is there a reason this company tweets random financial articles that have nothing to do with ETBI? I clicked on the Morningstar article figuring there was a connection, and there wasn't one. Just curious.
Yeah. Sold a chunk in mid 60s, and will hopefully use that cash to snag mid 30s tomorrow.
Think about the logic of people saying "I'm selling today"! Do you think they are punishing themselves by trying to create panic at the open and get less money back, or are they possibly trying to buy cheap shares?