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The Magic of OTC..
In all honest truth, the only place you are able to make these exponential gains are on the OTC. Folks new to these swamplands are easily shook, there is rampant massive swings that make many lose their $hit. There is a bit of fortitude that has to be either straight idiocy or incredible luck that sometimes get pegged to winning with OTC issues. I'm a big fan of the custodial plays & over time have found them to offer the greatest level of success to risk ratio. The key usually is to find solid share structures that can offer a substantial run [10x] and then still be at a low market cap [sub 30M] At the onset, APLD was a perfect custodial play. Low O/S, low cap. With the share structure scaling up & many unrestricted getting put into the public markets once the S1 hits, there's sure to be many that get shaken. Profit is never a bad thing, but no one wants to be the guy that sold BTC for $6. But only in the OTC swamplands can you achieve these 10x-100x potential payouts...and now the SEC basically put that action on ice with all their new regulations & their brokers as henchmen..
I will stay long on APLD, but certainly understand the OTC risk. Maybe a new exchange gets this on the RIOT/MARA levels. As for the P&D crew, once stocks cross $1 on OTC it's rare to see massive action. The P&D lot like the subs to pennies..Do look into Majic Wheels though.
Thanks StockHob
Sorry, I don't have PM, but this info you sent me was quite informative as a forward view, think it is informative for the board as well...Thanks!!
Ah Yes Tiger...
Well versed in that TSNP move, it achieved 1.3Mx in about 6 months. Truly one of the most incredible runs ever witnessed.
Yeah, anyone new pulling up today's market cap will immediately think some level of bloatedness, or dilution. But far from the case. There are limited shares available to the public market, which with the volume of late signals a bit of churn is going on where the same shares may be flipping over multiple times.
I guess the other thing is now looking at what the top level upside is, at 600M cap, a 4x would get it to $3B or about that $8 range. Lots of good things to happen here, but the OTC does get crazy. Another one is MJWL, great potential but it's been pummeled.
Definitely Grouse..
Agree with you, this is a long play for sure. But the OTC does have the rampant price manipulation. Sustainability of price is one of the most difficult things. The prospects are good here. Just have to ride it out.
Have to Admit...
The moment the shares showed up on OTC & it not be current, that Market Cap at near 600M was worrisome. This might get bumpy over the next few months. Got a confluence of things that might work the price downward, this is the OTC after all. $1 may get retested. It's happened to so many up & coming companies, they hit that high market cap & then on the OTC they go into tank mode. We shall see..
Volume has increased sharply here, the available shares are churning if shareholders are staying long.
Thanks Har..
Didn't check their twits
Good to know Tiger,,
I guess once the Yield sign is up there may be limitations at certain brokers to transact buy side openings. Know there's been a clampdown & that many are only allowing opening positions at the "pink current" level, or will be that way come mid Sept at some brokerages. Guess we'll see how it plays over 4Q21
Bit Confused by Your Post Har..
What do you mean by "Apparently Krisa has updated counsel on all of their tickers"*can you provide some evidence to this?*
It appears, all their OTC entries were using Mills & he is a prohibited attorney. OTC has them all with his name under the service provider banner. OTC has updated to show the criminal attourney, don't think this is a Krisa update. Also, Krisa has not mentioned SLJB in 9 months! To get current & CE removed, likely a new liar is needed, er lawyer...to provide a new attourney letter.
The Blockchain Market.
Here are the major players.
https://finance.yahoo.com/news/15-most-valuable-blockchain-companies-134650612.html
Top 5
https://www.insidermonkey.com/blog/5-most-valuable-blockchain-companies-in-the-world-975048/?singlepage=1
Think APLD has a vision, and is relatively early into the space.
Question is only how fast they will scale up, and how the capital/share structure will look then.
GLTA, got to expect the bumps in the road. We're still having a time of it going current, didn't expect a "yield" pass through.
Have To Question the Uptick as Well.
There really wasn't a catalyst that made that Friday bump. Volume was huge, today too. Still not pink current. So not really sure one way or the other, why it went up or why it came back down just as fast. That bump & this drop really throwing a monkey wrench at the technicals/chart. But good to see volume, don't know where all the shares have just appeared from though
Koog, can you shed some light..
Can you let us know the history on this Mills character.
He's been suspended on OTC Markets.
He was the provider on the Jan '21 Attorney Letter here.
Impressive Week...
Not sure where all the volume came from. 90% week! Double top on that $2.25 level. $2.9M Dollar Volume, we'll see if there's follow through next week. GLTA
Over 900 Trades today.
Highest Volume since: Apr 16 2021
Close 0.635
Change 0.434 Change (%)215.92%
Open 0.299 High 0.82 Low 0.49499
Volume 2,075,076
Thoughts on S-1 Filing?
This was filed after close on Friday!
https://fintel.io/doc/sec-applied-blockchain-inc-1144879-s1-2021-august-13-18852-1835
Thank You Gentle Sirs...
Hopefully a sign of things to come to APLD. ARAT has had a nice run indeed & it goes to show it may not require heavy volume if the shares are scarce in block size. Not sure how level 2 has looked, but are traders even able to get 500/1000 blocks these days??
Also, it appears that APLD is now officially on StockCharts...
Perhaps one of the mods can get the iBox updated. Figure traffic will get here in a bit!
https://schrts.co/FUxnYIvm
Bottoming Her Out!
Been keeping an eye, side eye that is on GAME. It's seemingly entering the channel of $5-7+ trade. There's a lot seemingly going on. There are more shares now 15.3M O/S, there's this new ATM cash machine they opened up today for up to $50M of At the money share sells to generate operating expense flows if need be out till 4/23. And, it seems that there are now options available on the ticker [https://www.optionistics.com/quotes/stock-option-chains/game]
In terms of the stock price, it has still been in a relative decline on the weekly. On the daily it looks like it wants to retest the sub 6 zone, which it seems to touch daily these days. The daily PSAR indicator actually has it in a 4 day uptrend off the previous lows. I'd be a bit worried as the volume tightens up. Saw it went under 100k volume on Fri, and today it touched about 150k. Either the interest is waning, or just less sellers and buyers care for it.
As for the charting...I would say to be capable trader. You have to know charting and particularly certain indicators:
RSI, MACD, Bollinger Bands, MAs, and PSAR. Just knowledge of how to use these indicators [on both daily & weekly] can alter ones odds drastically. Que up vids on youtube, it gets easy with repetition. https://school.stockcharts.com/doku.php ChartSchool!
[Daily v Weekly Below]
Suggest Holders Take A Look..
Take a look at ARAT and what it has done over the last few sessions. This is what an uprising on APLD will look like. In truth, APLD has way more going for itself right now. Comparatively, APLD has 9.1M O/S vs ARAT at 10.3M... But ARAT being current has allowed for the liftoff. APLD will get there & likely with more ferocity. These micro floaters [FCIC another] can get crazy, GLTA!
Load Everything Under .20c
Pink Current Shell, with only 6M shares O/S.
These clean shells will become gems once the SEC rules touchdown
in Oct. $1M Market Cap!! Could be another FCIC in the making if management is up to task.
OTC QB Certified for '21-'22 Filed..
https://sec.report/otc/financial-report/294041
No Mentions..
Guess the unfortunate part of this is that Krisa/Cooley has made no mention of SLJB since 1Q21.
Get a feeling they abandoned ship on it. Guess by October it's going to be clear. Sept 28 will be the last rites perhaps.
Not much out there..
https://twitter.com/search?q=%24sljb&src=typed_query&f=live
We shall see...
Only have a tiny slice of it, but it's going to be interesting as all these CE's go dark and it's sell only. And then later on there's just no market at all. Not expecting much. Might be the last days of finding trips that moon!
Thanks SS...
Thanks for taking the time to answer that. Wow. then it would appear CLAD peaked at around 280M Cap, FCIC is no where that in any regard. And as it stands, CLAD [while not trading much at all] still has a 70M Cap. Something killed liquidity there it seems. Obscene B/A spread.
Still A Mystery...
Har,
I always thought that SLJB was NOT a Krisa ticker, but a Carey Cooley ticker on his own. So, I don't think Krisa has anything to provide on SLJB, and thus maybe they aren't involved??
As it stands, we can only wait & see what happens. The CE might be the ultimate death nail (again), but this thing has risen from the dead a few times..GLTA
Still Think This Will Walk Again??
Lots of upcoming deadlines for tickers to get current on OTC, you still think this will make a move over the next few months?? Doesn't seem like much happening on the ticker. GLTA
Hello Darkness, My Ole Friend
How are the Gameboys doing? Up, Up, Down, Down, Left, Right, Left, Right, A B?!?
Or is the code just Down Down Down Down Down Down?? Looks like BoondongleKiddo guessed
the journey into the 5s price mark correctly, albeit a week off. New Lows printing daily.
Tommy Boy got a fireside chat tomorrow, tune in & tune out!
Hey SS..Quick Question..?
Do you by chance know what was the market cap CLAD was able to achieve at that $19 price point you mentioned??
As it stands, we're seeing FCIC at $7.4M & am wondering where clad reached comparably. In all likelihood, FCIC is in far better position as the entity would be more seasoned at this point. If I took the numbers you gave it would be around 282M, but not sure if new shares came into the picture after the $19 peak...Thanks in advance.
Big Uptick, All Time Highs. M. Cap $7.4M
Strong end of day action, seems some ask slapping occurred there toward the close.
Still, at present this is ONLY $7.4M Market Cap!! This really could be a silent winner, there's really not much being said.
If this can 3x it's ~$6.50, and ~25M Cap..Much less anything beyond that.
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