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Why?
And, what kind of news?
Do not mean to be a Debbie downer here. However, I've been around TEMN/DKTS for a while now.
News means nothing. Unless it is the following. COLA approval and dates for shipping and contracts filled.
Otherwise it's the cycle of pump, fluff, dump. Churn sideways, repeat.
Does anyone know an estimated time frame of when the Q4 report will be public?
Correct.
At the very least a correction (of sorts) will happen shortly, IMO.
This is not at all like GTAT. Similar situation of share price dropping - Only in terms of going from dollars to pennies though. Otherwise, it is a totally different situation.
So. Double Bottom anyone?
Let's have a fun rest of the week!
Good to know! I took a position in this last week. Just waiting to see some movement now. GL
Can someone post a current (as of this post) L2 of ECIG. I cannot get mine to load.
Many thanks!
Thank you sir. Will keep an eye on this one - it is unique to a certain degree; relative to everything else down in pennyland that is.
Looking into ECIG a little deeper and past all the speculation/hype it is getting right now. I found two things that could be the reason for the fall of the PPS and current trend.
Before I dive into it. Know, i do not hold a position in ECIG yet. I have been watching this company close since about mid-Dec. IMO, i do believe the PPS is suppressed at the current moment and a positive correction is inevitable to what price? I do not know - i would only be speculating. I could see it balance out somewhere in the .20-.30 range in the near-term IMO.
The following is IMO after some recent DD...
1) Read the most recent Financial report - all though they picked up revenues they also assumed ALOT of debt in a very short time frame. Plain and simple any time a company shows 40mil in debt - it will have an adverse effect on the PPS. Especially an independent.
2) Reason for the pullback from the IPO and decline in price. Starting back in late Q1 up in till the scheduled IPO. ECIG (among others in the industry) got absolutely slammed by every government health organization you can think of: FDA, CDC, AHA, WHO, etc. As well as individual state legislation: NY, MN, and state Attorney Generals - Even US Senators jumped on the ECIG bashing band-wagon. Then mix in a handful of studies/surveys suggesting teens using Ecig's more and more.
(I am not posting links to articles with the above mentioned organizations gh, senators, etc. for the sake of time. Do a google search and you will find them.)
You can begin to see how this negative press was a, "bad time in the market" for the IPO. Essentially meaning, Wells Fargo and Co. Decided to pull the chute and see how this all plays out. Even with their success - this is a disruptive technology and business. One, that will be eventually regulated and once that happens I bet the IPO talk will begin to happen again.
I also would speculate that some if not all of this negative press came from big tobacco companies themselves with their Lobbyist's on the hill. Perhaps, they saw they were behind on the Ecig game and see the recent shift - decline in tobacco sales across the board and essentially became more aggressive on the defensive side of things. Remember, Big Tobacco's reach is very deep - with nearly bottomless pockets, so to speak.
Bottom line - I do see the value in this company. I do believe the PPS is suppressed currently. However, as they openly stated months ago. It is a very turbulent time in the market for ECIG.
Best of luck.
Looks like expected movement since this last weekends buzz? What do you think for the rest of the week?
Use stockcharts.com
>Bollinger Bands
>Line chart
Add trend lines to recent peaks (top) & recent lows (bottom) thru the Y-axis (right side;price's).
Look at current wave pattern in regard to the Elliot Wave.
From here - make your assessment. Notice where the PPS points too. Correction off the over-correction.
Waves looks good so does the MFI for this upcoming week. GLTA
I know what it means, wanted to know what you were suggesting with it. That's all.
Overbought - is what your suggesting, yes?
Penny, do you see the Elliot wave formation on the daily chart? IMO it looks like the 5th wave was confirmed at the close of Friday's trading. Wave pattern started on the 15th.
Let me know what you see.
.1766 - .2300
IMO.
Looking into charts and technical stuff now - keep coming back to that range. This is with today's information that is available. I do think this could be one catalyst away from taking off. I also think these are the exact situations which attract short's and heavy manipulators.
Message me and I will send charts.
Mad, what's the outlook for WEST this upcoming week?
Good luck.
I hear what you are saying. You really think that many shareholders are selling at these levels? Or, do you think it's swing traders riding out the current waves?
Unfortunately, this is the honest truth IMO. Facts.
Very sound plan. I would like to get into this but more or less. You hit it right on the head with this play.
Read my last post to this board. From technical standpoint and from my experience in penny-land. I agree with you.
I have been watching ECIG for a little while now. Very dynamic time for the company to say the least. I do not hold any shares at the current time, nor did I previously. Having said that I will be watching for the right time to get in.
There are a lot of questions and ALOT of speculation happening right now in regards to ECIG (read the comments just from today).
Some Questions & Some Comments:
1) When is the expected release of Q4? This I believe will be a large catalyst to move ECIG back to where it came from and out of penny-land.
2) Conversions and further share dilution is still a possibility till there is an official release (8K) saying otherwise and/or the time has passed (well into Q1) and the O/S has remained unchanged. Till' either of the two items above happen - You should expect conversions to take place throughout Jan & Feb.
3) Talks of buyouts, etc. Speculation. Rather than spending time on what a buyout price would be or who is interested. One should be so inclined to look into these large purchases throughout last week - as a member on this board mentioned in an earlier comment, "I have not seen any 8k or paperwork on 5% or > in ownership." - What I say to this is, large companies would be smart to (And, they do) buy up and as close to 5% as possible. Say 4.9%. Think of this on a large scale and thru the scope of conglomerate companies. This in essence would be the start to: bidding wars, pressure on the current executive team, wait and see if ECIG is worth them pursuing (i.e.) they own 4.9% on clearance .01% even over-valued is still a deal. Think about it.
4) I do believe this company has "Over-Corrected" and will begin to "Correct" and move back to some-what of a fair-value price per share. When? Couldn't say. To many variables at play right now.
5) As far as next week goes on being the Breakout week goes. As every human involved with this - I would love to believe it. However, I will be watching (hopefully I don't miss the play of a lifetime). There are just too many un-knowns right now - And, if i have learned anything with being a swing-trader down in penny-land. Anything is possible.
Unknown's/Fear's:
>Conversions
>Dilution
>Bankruptcy/Corporate re-structuring
>Mass Short-Seller attracted
>IPO to current price in <12 months. Abnormal.
>Lack of PRs from company; within recent week(s) month(s)
>Hostile takeover potentially at current price's
Anyways, this is all IMO. After reading all comment's i thought it would be worth a post. Look into the large buy orders and start looking around on what big players would be attempting accumulation to 4.9% of share's. And, watch out for all the Unknown's!
Best of Luck and GO ECIG!!!
The amount of dumping/dilution this thing has gone thru the last 6-8 months is crazy. If they do bring a product to market and is successful - they will be on the radar off big companies to buy them out for a high discount with the amount of shares out there.
I guess we will have to wait and see. It would be sweet if Monday AM I wake up to an email notification generated from the website newsletter stating Label Approval has happened & Shipment is happening.
Otherwise this stock/company has been dead lately...
No kidding!
That COLA approval with some huge PR needs to happen to revive this thing.
Needs volume for a run.
Facts. The chart gives honest truth - made a similar comment earlier.
This pattern (candles) has happened 5 times in the not so distant past. Never has it turned into a profitable run. Ends up in a loss. I think their will be more dilution and.or shorts suppressing this gem.
Going to watch from the sidelines closely as this plays out and hopefully sets up nicely shortly.
glta
This company seems like a mirror of ISR
Also, completely agree with you. As, I just mentioned in my previous post (responding to another member) Logically, I think there is a large disconnect between the company and the public. Again - logically thinking if you are a publicly traded company all your information should be...wait for it...PUBLIC!
They are hanging on by a whim IMO by giving us (shareholders/potential investors) just enough, and I mean just enough information on supposed big hurdles they are jumping for the company to stand on it's own two feet so to speak.
Even these taste parties that are going on apparently. No news or PR on them, No pictures on social media on them, not even a tweet or facebook post on how the event went.
It just does not add up.
I hope I am wrong and just being over-suspicious. I hope COLA approval does happen in the very near term. I hope 25,000 bottles of Besado are shipped immediately & sold. I hope the lack of communication and transparency is because it really is just a one or two man show and they are slaving away endlessly setting up deals and are just too busy/pre-occupied to handle the communication end of things, I hope Dziaq and ArcAngel are flying off the shelf, I hope DKTS is a real thing....
A lot of Hope - which is never a good thing in this world...
Emotionally(hopeful) side of me does not want to agree. However, the Logic part of me completely agrees. Something is not right - just a small amount of time spent doing DD on a handful of other penny companies and you can see there is a huge disconnect (IMO) with DKTS and how they communicate, maintain website, maintain social media, answer inquiries, etc.
Frustrating to say the least...
(hopeful side talking here) I guess we will just have to wait and see!
IMO COLA approval and confirmation of distribution. Including ship and release date of product.
It would also be nice if this company was more transparent in everything they are doing. For example, Nate's Food (Ticker Symbol:NHMD) who also trades down here in penny land. Releases 8k's and other information on a weekly basis.
IMO, whether it's real or not at least give the shareholders insight to what is going on from the company standpoint. When you have a moment lookup NHMD and look at the recent news releases. Whether it's fluff, corpo jargon, or real. At LEAST it is something, IMO.
Just came across this article in this months Forbes Life issue. It was interesting reading about this company - because it is exactly what DKTS is trying to do. However, this company launched in OCT 13' and are doing well. The link is below.
I wonder how their COLA approval went...
Enjoy.
http://lifeforb.es/12g1Fap
Thank you. Makes sense they are rolling out a program like this. I agree it will be a matter of time before they make it mandatory. Thanks again.
I have to say I have learned so much about the in's and out's of FINRA, SEC, TTB - basically any kind of acronym group related to the market from following this board! It does get a little draining to not read anything at all about DKTS or the industry they are involved in!
With that said, I do have a question for you (or anyone that can answer it).
What is the official rule on publicly traded companies posting/keeping up to date their respective: Float & O/S numbers?
a) Are there even mandatory guidelines for companies to adhere too?
b) Is it the same for all publicly traded companies; across all markets? If not - what are the differences for example from OTCBB to NYSE?
c) Assuming there are such guidelines - how frequently do the numbers need to be updated? Is it limited to frequency or would an increase or decrease in these numbers warrant an immediate update?
I thank whoever responds with factual and detailed response(s) to these questions in advance! Much appreciated!
GLTA
This stock is missing a catalyst IMO. And, IMO the catalyst will be the Q4 report. Which we will not see till, when? End of January maybe at the earliest?
Till then IMO we will churn at these current rates.
Unless something cataclysmic happens in terms of contracts/mergers/production.
I posted this last week. When I started piecing things together after doing some DD on WEST.
Look back on my posts. The post with a handful of links on it.
I enjoy your rhetoric. It's nice to see that others use the logic portion of their brain's when discussing something as deliciously complicated as a publicly traded company. Who happens to be in penny land, who once was in a major market, also happens to hold a unique patent, with specialized executives from the solar world now at the helm.
Again, it's nice to see other members using their big boy words. Very nice post earlier.
Also saw that. Still not sure what to think of it all. The detail in which it was written is what has my attention. I guess only time will tell!