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Just keep dumping, just keep dumping, just keep dumping. GL all, can't keep looking at this BS anymore without spewing negativity. See you when S-1 is approved.
Hope you are right! I have way too much size here for my port value so this BS is irritating. I trust George 100%, just not the SEC to get the S-1 reviewed in a timely manner lol.
S-1 will be effective any day and we have idiot peasants bombing out. Good god this is frustrating.
That was my assumption, thank you for clarifying silk. Always appreciated.
Forgive my ignorance if this is a dumb question, but why are the minutes titled "In the Matter of Petition of XTC, Inc.?
Wish I was only down 5%! Definitely a scare tactic, only hurt the idiot who market sold though. That was a very large haircut he took.
These market sells at open are getting old AF.
I disagree, respectfully of course. I don't think we see buyers until after s800 closes, which will happen after S1 take effect. Going to be more short term pain for non-trip holders as we continue the waiting game.
Same, but this is getting frustrating. Any good news continually sends it lower.
Not likely IMO. Still a few weeks away
Nothing up there from me yet. Hopefully its more longs bidding and not more flippers!
Thank you! I appreciate the info.
Are we expecting reinstatement prior to the Status Check court date in February?
Speak for yourself! I was going to put out a net at 5 towards EOD. Will likely toss it up tomorrow since I have settled funds now.
Oh I am now fully aware just what a piece of shit this ticker is. I ate a loss, but didn't get the whole position closed. Hence why I am here still lying to myself that this may turn around. All the big names clearly dumped out already, no one is going to keep this propped up.
"Bottom is in" LOL. this turd just keeps swirling around the bowl.
Not surprised after people were dupped by the company about notes.
More likely that someone is flipping 006s/7s that they snagged last week
Remember when the company supposedly had 22 PR's ready to be released?
Its going to be a battle back up. Too many people bought .02-.04 and will likely be looking to exit.
Thats why I am still around hoping for a lotto ticket. I have held through a few R/S and thats just my experience with them. Every company is different, so there is worse ways I can blow a couple hundo.
I was a long prior to the Pre 14C being filed. I ate the loss because I knew this would be down to these levels. So, no, not all longs doubled down. Some chose to exit and reenter after all the pain.
You're probably correct. That expectation I expressed is based on my previous experience with R/S's. Every ticker is different, so I will admit I could be wrong about this. I'd just rather miss a run than to reenter too early.
Yes, but it didn't hold. Not intending to be a basher by my comments, sorry if it comes off that way. IF they split at .001, then you all will be fine. I suspect that this will split at around .0007/8, which will likely drop to around .0055-.007 post split. Thats why I want 5s or below, to shield from the sell off post R/S.
I'm not a flipper. I was just hurt by ABCE on the RS news and will only reenter at my price target. If I reenter, I will be holding them tight.
Long way to go to achieve those goals though. Getting to .01 is going to be much more difficult if this doesn't move pre-R/S, which is not likely. Still hoping for one more dip though!
Probably someone that bought 5s and flipped expecting a sell off on news. Just a guess, but it would make sense with otc traders.
Doesn't look like we have reached bottom yet IMO. GL to anyone still buying this.
Where do you think the buying pressure will come from? Most people on the otc have seen that there are still a ton of note conversion going on, why would anyone be buying just to aid company in clearing debt?
They are doing note conversions through OTCX. Seeing as we did not get the PR of notes being paid off, I suspect the "deal" to buy them out fell through. I think the spout is going to stay on for quite a while.
They going to dilute this all the way to trips?
"Look out below"
Willing to bet someone had the same idea i did, just with a higher target entry. Happy to see this heading back in the right direction for you though!
By calling the company and asking questions? Not really rocket science to get them to talk, its decifering the bullshyt thats tough.
That would be my luck the way this summer went.
For the longs still holding (read stuck), I hope I don't get them to be honest. I don't want to see anyone take Ls.
True, but IF i get the 4s im waiting on, I am confident it will bounce off that level quickly.
Haha, I'm not buying anything until it hits my target. Need to come down a few more ticks for me to be a buyer.
Yeah, pretty easy to see what hes doing. Buy 6s, then telling everyone to buy his 7s/8s.
hahahaha! thanks for all the laughs over the past few days!