Once every seven years I get a little "randy."
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Never thought I would be able to buy at these prices ever again. Just topped off my position by way of fear. Hate to say it but,when people sell before knowing the true lay of the land, it creates buying opportunities. Wow.
Spock....wearing hat of capt. Obvious.
Exactly right, snelly. S
I am a true long here. I am not seeing a,reason to sell.
S
5schips, I totally get and fully appreciate your point. I ,too, have been dipped in acid with reverse splits, especially when I first started trading and did not have a very good understanding of why such an evil thing was permitted.
S.
One of the things rolling around in my head is the single solitary share of Special Preferred Series 2020 stock issued to Mr. STEPHENSON worth 250 M shares of common. And why 15:1 ratio for a seemingly unneeded rev split?
Could Mr. S. UNILATERALLY decide to cancel all current shares of common say for purposes of consummating an agreement , then convert his 1 special share creating 250M new shares of common, then executing a 15:1 Rev split that would bring us back to where we are right now in terms of pps along with a small bonus of value on each share of about 10%?
See what happens when Vulcans drink decaf? Everything goes crazy.
Well, 5schps, here's the thing. First, as far as CLHS is concerned, that's a pretty big IF to even start with.
2nd Any seasoned investor knows not every RS is bad. It depends entirely on the motivation and purpose of the split. Personally, I have been involved in two Rev splits that were smart and beneficial to the company and, therefore, its shareholders. As mentioned, the way it is mentioned at all in the annual report here is ambiguous at best and will obviously get proper clarification as to whatever it may have referred to.
3rd. Why would a company with 24M outstanding shares need a reverse split at all? That would raise the price per share beyond the purses of many investors. And it seems there has been keen interest in this company for some time. The price per share will fall within the listing requirements of several exchanges soon enough with no need for a split.
I'm choosing to stay the course. This usually works out well for me.
Spock....Vulcan hate freak outs.
Just keep in mind this company has lovingly served up 3 Reverse Splits to its scareholders in only 5 years. Two of them were only 3 months apart.
Can you make a buck here? Sure you can. Just watch the henhouse really closely.
This could've become a good company,but it needs new grey matter at the top.
Spock
Lucid, cciv & cstc.....watching all this closely.
This dip is a very good sign? Why, you ask?
When a company is receiving the kind of attention this company is , the smart market makers Take a good look at their inventories of this stock. They assess their need. Do they have enough on hand to meet the demand the anticipate.
If they feel that their inventories are a little light then they usually do what you see here. They dropped the price by 10 or 15% thereby triggering many stop loss orders Which down allows the market makers To purchase large quantities of the stock at lower prices.
In the next few sessions these very same shares will appear for sale At prices higher than what your seeing right now. This way they make money. So my advice, buy on this dip, by big. This is about to run.
Spock....
Hey, komm7. I agree with your assessment of retail sentiment. And even if it should evolve slowly, this is a buy and add for me. I grabbed a 1/4 M this morning an may do the same again after lunch or before next opening bell. It's already made a hefty return for me. For you, too, I hope.
Hey, what part of GDR YOU IN? What township,may I ask?
Spock..I recently did an intense mindmeld with a Tribble and emerged with a full beard. Strange.
FWIW...and boy, that ain't much, I'm seeing higher lows. I don't think that has anything to do with the big picture, though.
The big picture must be about some merger.
The way new shares are being sold off, mostly 1 (or 2000 shares of olde) at a time seems curious to me. I can't seem to bidsit my way into any new shares at all. Someone is skirting around me every day. Doesn't seem to matter what I bid, I get scorched.
Spock....phasers are set to "ANNOY."
PUGE at a glance
Volumes are trending upwards in the most recent sessions.
MACD just crossed into buyer-favoring territory yesterday
50day and 200day moving averages are in bullish territory (easily)
RSI warm but not too hot. Still safe.
A/D line strongly showing accumulation by market.
Last several months of market activity showing aggressive, positive growth.
If you're in PUGE, you're doing AOK.
BRIEFING FROM THE SPOCK MARKET
For the sake of keeping realistic short-term expectations in line, lets say that nasty STOP sign came off over night and we awoke clean and green, i.e. PINK/CURRENT and given where we know the float to be at this point as well as general market conditions...
WHat sorts of price activity would be realistic to expect between tonight and the end of Friday's session?
SPock... I mean, should I get my hair and nails done?
Agreed. This has shown remarkable holding power. Not worried even if it did.
Spock
May these recent developments be an object lesson on how a very small morsel of big data can have a large effect on an entity of big data.
.....or something like that. SPOCK
You know, Mike, you're right. That's exactly how I see it. I can't shovel money into this one fast enough. Each day we see tens of thousands of transactions go through for TSNP, MSNY, MANY TIMES THE NUMBER FOR MOST OTC EQUITIES.
Today will be a good day. Watch.
Spock....maybe I'll buy a new tie or something to celebrate.
G'mornin', Germany and Earth. S.
In my own opinion, it would be detrimental to trust and momentum, i.e. consumer sentiment if TDS stopped communicating with shareholders. An open line of communication indicates to me a willingness to respect our dignity as shareholders in this venture.
If ever this communication were to be shut down by TDS that would be throwing a red flag on the field of play that I, for one, would take very seriously. TDS has established a precedent here of keeping us in their informal loop. It is important now for the sake of trust they maintain this informal standard.
Spock
Maj, seriously. What choice do they have? It's not their party. At this point all they can do is to report what they're told. Would you prefer they go silent on the matter, then?
Spock.....I would not.
Yer killing me, slow feet. Love the McCoy avatar. Now, let's talk S&H Green Stamps.
Did you get a new holder for the cord for your iron, or a shiny new ironing board cover?
Spock
I have felt so supremely confident that all will work out stunningly well here. This whole CLHI experience has been grand for my intuition.
Panzer.....I have never known a tank enthusiast as you. I get the same sort of rush watching SR-71 vids.
Last week I was able to score several rounds of cheap shares. It has been almost funny how easy it had been. No such thing as a totally locked float.
On to next week, then. I so wish every only the very best.
Spock.....
This is a very well-postured company, properly funded, too, in my book. Since the beginning of January the O/S has increased by a humble 10 M ( very acceptable for a new company, which is how I see it). and the float has remained unchanged at 52.2M . Also, very, very acceptable.
Yes the O/S is currently at 198M.
RSI and Accumulation are both very fine and the current price is still slightly within the bullish range. IM not a chart guy although it does have great value in many circumstances. This is a buy and add in my own view and that's just what I've been doing.
SPock....I love a good bargain, like HLYK. Where are my booklets of greenstamps?
DD, SmartRoads are coming. People want them, I want them. Alphabet has been funding this for several years. I need to learn more about who the competitors are because I have not yet done that part of my DD, however, there can be little doubt that a couple of good runs will come this year.
SPock.... one of your Earth scientists has positively identified interstellar beacons. That's cool. We were NOT expecting this to happen for another century, but he has it right and he's being taken seriously. You humans. Whew!
WE see an obvious strategy in play here in as much as, for whatever reason, doing the plan under the umbrella of any version of aawc was not going to cut it in the eyes of MR. Cutler.
If this is set up they way it might be, there is a two year clock running on this whereby if a candidate target for a merger is not identified, all the money collected will have to be returned to investors...if i am right about the merger plan here. Now, my bet would be that Cutler & Green already have such a candidate and soon enough we'll find out how lucrative this play will or will not be. Forward Split?
Cant rule it out but it won't happen if part of the plan includes uplisting to a big board.
Now that those of us who have hung on have had a chance to cool down it would sure be nice to get some communication from the boys but their current structure does not require them to say much.
I believed in these guys before, and despite recent history, I am not bailing yet. I am going to accumulate slowly and humbly. I don't expect to get rich here, but if I can come away with something at least decent, I'll be satisfied.
SPock.... in the mean time I will continue to re-organize my aquarium and dust my sock drawer.
Thanks, PA. This is what people need to understand .
Spock.
What keeps poking at me was the tweet from about the weekend before last where it was laid out that action by desos was expected somewhere around last Wednesday-ish.
Anyone recall something like that?
S.
Oh, I am most definitely getting back in. In early days I wouldve hung on forever rather than working with the rhythm of things. There is much to come here. We ain't missing none of it, neether.
Spock
So I can't claim total clairvoyance regarding my post here before the bell? My post about consolidation?
Well, that socks. I sold at .0266.
Shoot.
Spock.
Well, what do we think will happen when that "d" falls off the ticker? I was set to but Monday at 20 but per share. I was lazy. Didn't get to it. Now I can buy for $9.
As of this post I see 371 buys to 131 sells.
Hmm.
Spock. Not alot of volume but still headed in the right direction.
This one is ready for a readjust. Not being a basher at all as I have higher expectations. It has just had a fantastic 2 day run and the rsi is too high. It will benefit from a drop to do some consolidating.
All I'm saying is expect it. It's nothing bad at all. It will keep appreciating over time.
Spock....and buy on the dip,, yes!
Honestly, I'd be lying if I did not admit to everyone that I get frustrated sometimes but it's obvious to me that the pandemic has been a true factor in several ways for all of us. This does not , however, mean that the endeavor of GUSTIN not worth a wait, because from my Dd I can see that it is.
At least I live at a time and a place where I have the opportunity. Sadly, so, so (too) many people don't.
I've been looking into creating a portfolio for some of them.
Spock.
Ah, true enough. But volume seems to be moving in good direction. Gosh I wish i could learn more here. Its like beinmg stuck in a the greatest library in the world, but i am blindfolded..
S
Perhaps I am misunderstanding your 4-5k volume post. S.
You know, the day the RS happened, I did not realize at first what was going on. I thought i was seeing a stop-loss action by a market maker so I bought quickly and furiously, 3 times!!!. Doubled my position. Then I leaned what I had done.
no intuition working that time. But maybe not necessarily a mistake.
Spock
Most vol just happened? Cant se it yet. Regardless, this is highly significant to me and my intuition.
S.
yes, we ARE expecting news, but it's been awhile and some may have forgotten.
S.
What the heck happened here?> I thought this company had some of the best technology I'd ever heard of, they sank, not they are coming back up. I must investigate to learn just what is going on here.
I did not hold on long enough, maybe.
SPock
PA...i would give such a proposal serious thought, while at the same time doing additional DD to see if there were additional avenues to exploit.
To be sure, such investment groups exist. How to find and properly vette them would be part of the course.
Compelling post.
Spock
You have a fair point. Can never rule that out.
S.
I'll weigh in here on the delay. Delaware has been in one of the hardest hit areas in the US. Since shortly after Thanksgiving their Covid numbers have been atrocious. Their positivity rate has been very high 4 almost 2 months now with possible signs of starting to drop. I have no problem understanding that all institutional operations have been slowed way down with many people having to work remotely and many other people simply being either dealing with sick family members or with family members who are not surviving. Yes the timing is very unfortunate but the impact cannot be overstated. The state and several States right around them especially near that tri-state area is really going through just awful times in many ways. It's just my point of view oh, it's what I think is going on, it's more than enough reason for there to be a significant delay getting things like corporate paperwork done.
Spock...stepping down from soapbox. Now just for fun let's throw in three or four roof rattling snowstorms that have blown through the area recently. What a picnic.
Can't argue with your observation, CPM.
Here's my deal: there can be little doubt that intuition is a very real human attribute. In the Oct we get to make many possible choices each trading day. Each choice can be bounced off ones intuition prior to casting the choice. Like anything else, the more you do something the better you get at it.
It takes deliberate intention. Without deliberate intention to include intuition in the process it is not as useful. I mean, thecideacis to get validation at some point AFTER the choice has been made. That way, one gets a better ability to interpret he voice of intuition.
That make any sense? This is how I develop it anyway. It often serves me very well.
Spock...unlikecDr McCoy who would prefer not to serve me at all.