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 bid keeps getting hit but it remains resilient and keeps growing? Something is up.
I have a feeling that someone is somehow masking their true bid size.
Pred
Guys and Gals over 10% of the O/S is on the ask right now.
Based on the most recent O/S count, 17% of the O/S is on the ask LOL.
I do think the O/S is more than the most recent count, but I'd say that there is at least 10-12% of the O/S on .0002
What this means is there are A LOT of flippers, it's a large part of the people in this stock. If they get taken out, then the .0003/.0004 flippers taken out... My god this thing can run.
Lets hope it happens. Got my lotto tix!
Pred
Scam implies that everything they say is a fabrication. Any proof that the PRs about revs and teaming with Voters for Hillary is a scam?
Also dilution, 3 billion shares A/S at this price is $300k market cap. That's nothing, a sneeze or a fart and this flies to .001 (a 10 bagger from here).
I don't think it's fair to call this a scam without providing proof or screaming dilution when it would be minimal.
I will only agree with your POS claims if/when they raise the A/S and/or they are caught with fraud about releasing false information.
If you have any proof of these scam claims or excessive dilution coming, I'd love to see it.
Pred
Lots of bids stacking up here.
Still have very low volume here, most likely a function of the super low float we have right now.
Pred
I agree with everything you said about Clayton Smith, except for one thing you said. You call him Chubby... that's very nice of you, he's way fatter than chubby.
He's also a loser.
He's a fat loser that kills penny stocks. I guess I'd rather lose the $500 I put in this than be a fat loser like him.
Pred
Only 3 billion in A/S, does look like more shares are entering market right now, but it won't last long!
We know 2 billion is for sure out there already, another 1 billion at these prices with the volume we've had recently is nothing.
$300k market cap at .0001 is laughable.
Pred
It's very strange, it looks like bids aren't being represented.
Something is up. Seeing the bid soak up this selling without moving says something. Exactly what, I'm not sure, but I have a feeling BKMM has something to do with ;) They are only showing 10k shares but won't budge when dumped on. Same with NITE.
Pred
I agree, based on current #s we know about the SS, 10% of the shareholders are flippers trying to get out at .0002.
LOL crazy stats right there. I'd rather the 200mm be in hands at a higher base of .0002 ;)
Pred
Interesting to watch, the bid didn't show size but for some reason it was accumulating a lot of shares.
This stock is churning a lot of shares lately, w/ that 3 billion A/S this will be cleaned out and floating upwards soon.
Pred
I got some on the bid today when some idiot dumped his shares lol.
Pred
Yes, those daily short numbers don't mean anything down in the penny markets. You'll sometimes notice that when you try to buy a penny stock at the ask it'll either fill immediately or it will actually take a few minutes to fill even if you are buying on the ask. Often times when you are filled immediately, the market maker is temporarily shorting the stock to you and then sourcing the stock from a seller to meet the obligations. Because they shorted to you (for even a split second) it'll pop up on that report.
The report that comes out every 2 weeks I believe is the REGSHO which was put in place to combat naked shorting. If a stock pops up on that list it's b/c a broker or market maker shorted without delivering the stock on the transaction.
Also when a stock is down to .0001 it can't go any lower, seeing that shorts can only make money if the stock continues to slide there's no reason to be short this stock. Additionally, in order to short a stock, a broker must be willing to loan shares to you. No broker in their right mind would ever loan a stock at .0001 x .0002 to be available to short. The risk to the client and broker would be beyond comprehension. Imagine, you short $1k of stock at .0001, it then has news that Hillary is running for Prez, it goes to .002, all of a sudden you have to cover the 19k loss on that 1k short (a form of margin call). If you can't pay up, the broker has to suffer the loss and lawyers get involved for bankruptcy bla bla bla.
Only way to make money on a short from here is if the company does a Reverse Split. But betting on that to happen before a possible run up in price would be extremely risky.
Hope this helps!
Pred
LOL I'm betting in his DD world the following is true:
A/S: 5 billion
O/S: 6.5 billion
Net Short: 10 billion
This is a joke people, truth is:
A/S: 2.99 billion
O/S: Unknown at the moment, but might be close to 2.5 billion
Net Short: A few million max. Market Makers won't short a stock at .0001. If you don't know why, I'll tell you, it's because it can't go any lower, and they can't make money off of being short. If you don't understand this, go be a janitor, it's the only thing you'll be good at
Pred
It's what I know... Been around for a long time, unlike you Mr. "My alias was born less than a week ago"
People need to ignore this guy.
I hate when people try to educate others with misinformation.
Pred
I already responded to you with the explanation for this, it's a moot point, shouldn't even be discussed.
EVERYONE GET OVER IT. These short reports mean NOTHING.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111922693
Pred
You and Most other people on this board have NO IDEA what this is...
Market Makers often "short" the stock for a brief moment before filling it with real shares to be sold.
So eventho they have real stock behind the position to fill a buy, they may temporarily be short (on paper) to fill the order quicker. B/c they are temporarily short (even for a split second) it pops up on this report.
It's becomes an issue when the shorted shares become undelivered, which would then hit on the REGSHO list.
That's not the case here. No Market Maker would hold an open short position on a stock at this price with such a low A/S.
Pred
3 billion A/S... Even if it's MAXED OUT this thing is THIN!
If we can clear out these flippers it'll start flying up on nothing.
Pred
I got some more today too ;)
only 11mm left on ask (that's $1,100 worth LOL)
$XCLK
Pred
Unless you know a trick the rest of the world doesn't know the A/S is 3B per Nevada state filing. The Transfer Agent won't allow the issuance of more shares until the A/S is raised w/ the state...
So that means at current PPS, the market cap MAXED OUT is 300k... LOL that's a joke.
That being said, the .0001s are almost gone. This is starting to get cleaned up!
$XCLK
Pred
are you trying to buy on the ask? at .0002?
are you trying to buy at .0002?
there is not much stock out there, like you said, flippers get cleared out and this can pop HARD
$XCLK
Pred
$IGRW I know you see it too (considering you're one of the 2 smartest people in this room), but the volume ramping up is ridiculous to me...
It's consistently been much higher than usual AND without PRs AND without promotions or ANYTHING of that nature.
What the hell is going on?
Pred
$IGRW Now THAT is weird... I dont know what to make of it, my gut says it's a good thing tho
Pred
Does anyone have the time and sales for EOD? I missed it...
Turn my head for a few minutes and over 10mm shares goes off... was it on the ask?
Thanks
Pred
You were... until I walked in ;)
Pred
FWIW, someone or a group of someones has been soaking up a decent amount of volume here...
There are no promos on this stock. This stock is not well known whatsoever. Yet we get over $20k of bid support in this area on a daily basis.
What is going on? I have no idea, but something is happening, I just dont see someone loading up this many shares for no reason...
Pred
A/S is only 3 billion here, this will bounce easy to .0005...
Yes we're down in the trips b/c they hammered it with dilution. But when the dilution ends the stock at these prices will be VERY thin.
Just waiting for it to come, easy 4-6 bagger from here.
Pred
AS is only 3 billion... tough to be a pig when they only have 3 billion possible shares to dump at this price.
Empty public shells are worth $300k, if this thing farts it's an easy triple. If this has what some people thinks it has it will be a 10 bagger.
If they raise the AS to 7 billion or even 10 billion, then yes, it will be a pig and I wont want to be in... but 3 billion AS, this thing is cheap no matter how you cut it.
Pred
Can the Mods please ban this person? He's just a scam artist trying to pump when he wants to sell and bash when he wants to buy.
BAN BAN BAN!
Pred
WHO'S THE IDIOT THAT SOLD THE BID!
We are looking very good people! But retards are gonna be retards.
4s are super thin now
Pred
Looks like there was 58 million shares worth of stupidity out there today...
Oh well, just part of the process to clear out the retards in this market I suppose!
Great info!
Pred
P.S. If you are reading this and you are one of the 58mm shares sold, yes you are a full blown 'tard.
It all depends on what happens with the big hands.
Based on the action preceding this move up I'd say all the big have dumped (retardedly) and we are free and clear to move up... just gotta get thru the flippers.
Pred
This is going to be a big mover!
We are FINALLY clearing out these flippers! They will need a puke bag soon :D
Pred
if we can clear these .0002 flippers and .0003 flippers we will start moving VERY easily, we've trade over 10% of the OS in a single day LOL
This will get interesting...
Pred
.0002s are falling fast! Better get em before they are gone!
Pred
Who did you call?
Also, float could include shares that are cleared, so that means someone could have converted the debt and cleared the shares at a broker and they would be counted as part of the float.
Shares cleared before 1/14, dumped since then...
That is ridiculous low float, this could run so damn easy if we get some volume to clear out the flippers.
Pred
I think this will be another winner here BLULLISH! Dilution will be dried up super fast if not already done at this rate!
Pred
It could EASILY get there, even a maxed out O/S at 4.2 billion isn't much... I've seen stocks with similar O/S go to .10+ lol
Pred
3 billion A/S
OVER 10% of fully diluted stock traded so far today. This will be cleared VERY soon and will take off!
To say a public company is only worth 300k is absolutely Laughable, 10 bagger easy from .0001 people. Just soak up what they're willing to sell you for so cheap.
Pred
I still don't get why people here dont want it to be maxed out...
I mean how many times have people here seen a stock start to move just for a big hand to come in and dump on it and kill the momo? STOCKS THAT ARE FULLY DILUTED OR CLOSE TO IT RUN THE FURTHEST. Trust me, I've been in this arena for over a decade...
Besides, looking at the volume from December 4 until now i'd say A LOT more than 300mm shares entered the market.
If i'm not mistaken it was 1.4 billion confirmed by CEO on Dec 4? I see AT LEAST a billion shares entering the market since then, that's why we have these HUGE volume days and we're still at .0001 x .0002
And let me tell you n00bs something, if those large volume days hadn't occurred, then I WOULD NOT have bought into this, b/c that would have told me that more shares are out there to be sold. Seeing all that volume tells me this thing is about dried up, and 4 billion shares at this price is NOTHING.
This is a GOOD, GREAT, AWESOME thing. Good lord.
RANT F$^%#*&G OVER
Pred