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423 Million in volume before noon. That is crazy high volume. Will this be a billion volume day? Keeps climbing with lots of room to go. Very thin going up...
Yes, very thin all the way up. This could easily get back to 6's by EOD. ASCM totally off the board and nothing holding it back but profit takers which won't last long with this kind of crazy volume.
A lot of people are traveling today and those that like to scare people out of their shares take advantage of the lower number of traders during a holiday like this. Many of the people that travelling are selling because they aren't able to find out what is going on and are just reacting. They are going to be kicking themselves when they realize smarter traders stole their shares by creating fear. Everyone should trust their DD and hold on. The power hour today will be interesting I am sure and this very well may close in the 7's IMO.
Already starti9ng to recover. Back into the 6's we go...Crazy price swings here today. $OTTV
I bought in at 65 and thought I had hit the bottom at the right time but I was also wrong and just 5 minutes later it was 54. It's ok though. None of us have a crystal ball when it comes to that kind of thing but we do have DD and we know we will make profits here regardless of the buy in price today. This will be going right back up by EOD anyways IMO
The pps has been going down for the last few trading sessions and looks bad right now being down 3 points and 14.3% at this moment. That is the same thing that has happened for the a while now. Conversions are not over. Filings saying they are have not been filed and people are figuring out the messages are pump messages with no real substance. I will be buying in once everything with conversions is over as I do believe in the company long term but leaving the money here while all that continues is just not my strategy. GLTA.
I was never in. Coming over from BVTK and hoping to find a dip to buy in at...Hoping for 44 but not looking good for that lol
Because every time he makes a Tweet, it sounds more and more like a pump and dump during conversions. Where's the facts? Where's the names of the companies with the contracts? Where is anything of substance that justify's "poop your pants" news is coming and "this changes everything tweets" which were many weeks ago.
This is not great DD. It's is a collection of pump messages with no real information in them. They feel good to read and make you think you're going to get rich here soon but they are typical OTC pump messages. I guess it's all perspective. For me, that is a disgusting list of pumps that have had little substance and no follow up FACTS. He has been doing it to keep the price up while all the dilution/conversions hit. He should have not done so much because it damages his credibility and makes it look a Pump and Dump which it has been. Sorry if that's not what people want to hear...
Long term, this company will rock but right now, it is acting like the P and D it has been until conversions finally finish up.
LOL, I know and agree but perception is reality and time and again, the masses start selling off after his third video because they believe that is the pattern. There are other theories as well but I agree he does not do anything but chart things out however if a large enough group of people believe something, then it might as well be true. Regardless of Clay, a 1/2 day trading prior to the 4th is a shorter/accumulators dream setup...We shall see.
They are mostly a group that drives the price down to accumulate and setups like today are what they look for. I'm thinking there will be a dip once the initial opening run wears off. We shall see. Hoping so...
I think so too. Clay Trader video right before a 1/2 day and holiday makes a perfect opportunity for them to drive this down. I hope so. Looking to buy and I think I'll be able to get 's or 22's...
You are right, I should not have used the word approved. I meant and should have said verified. It was being touted as a big deal by many all week and is definitely part of the process of having the CE removed. Can't have the CE removed without being verified. With that being said, at this point, seems like a moot point...It will be quit a while before that means anything useful anyways...
It's not bashing. It's my opinion based on black and white facts. Yes, I sold and do think the company will be good in the long term and I will be buying back at some point however, I am upset with the large number of pump tweets and stringing us along for so long while dilution is going on, topped off with increasing the O/S by over a billion while talking about a share buyback. If you look through my post history, you will see that I tell it how I see it. I do not bash or pump. I go by what I see. If you are a long in BVTK, you will be fine but there is no question that at this time, there have been some stinky things going on...IMO
Again, I say...look for yourself. Go to the BVTK Twitter page and read the tweets in a row and then come to your own conclusions.
It's the content of those Tweets that is concerning. Not the fact that he uses Tweeter to communicate. Many of his post are vague pump posts with no substance.
Here's one from the other day:
BVTK's CEO is scheduled to meet Board members this weekend to discuss "next steps" based on multitude of positive developments of business.
What does that even mean. Pump statement...
or how about this winner from the 21st:
Board members proudly tell BVTK management: "This changes everything"!
We have heard nothing since and the O/S has since been increased as dilution continued. That actually did change everything lol.
Matter of fact, I just went to their Tweeter page directly and reviewed his Tweets in a row. I would highly recommend others do this and try to do it without emotion...Ask yourself as you read them, Is there any real information being given? Have we heard anything more about any of it? Are the messages Ra Ra tweets or do they give factual information disclosing real news? Has there been follow up or names of companies disclosed that they made deals with so they can be verified?
I'm not trying to bash on Tom, the Tweeter page speaks for itself. Again, go to their company page and read his Tweets in a row and judge for yourself...
Ummm PGPM did and look what happened there. Tom has been pumping the stock hard while conversions/dilution has been going on. I believe he is doing it to try and stabilize the price until conversions are over which is a good idea but bad in reality.
Though his intentions may be good, it does not change the fact that over a billion shares were added to the O/S at the same time he is talking about buybacks. Kinda similar to PGPM. Only thing missing is the filing error PGPM made and this one could get shut down too.
They have not made the filings to show the conversions are over, so I think that will resume after the holiday. VNDM being on the ask yesterday was concerning as well, though it was only for a short time.
Again, I do not think Tom is being malicious or trying to scam anyone but, the road to hell is paved with good intentions and his feet are getting warm...
I think so too. I think they made a bunch of really bad mistakes that triggered the actions that have led us here but, I am holding out some hope due to the fact, they had the green check mark meaning OTC approved and it has been confirmed they are being audited, as they will need to be to come back. They have communicated with us and are responding to emails, which are good signs...
This really sucks and should have never happened, but I think there is a pretty strong chance of this working itself out over time...Have to remember they spent a lot of money to try to bring this current. I do not think they want to let it fall apart at this time. I for one, am holding and would never sell this on the grey market...I just wish I had seen the signs and sold when that share buyback pr came out after the ss mistake...Lesson learned for the future..
The fact is, this will explode with any kind of news whatsoever. Who in the OTC is not watching this stock? It is on everyone's watch list and will move very quickly when the time comes.
We have a lot to look forward to in the near term. There will be news coming about the yield sign coming off, there will be news about debt being restructured, there will be news about the 4Cast show being picked up by a network, there will be lots of ongoing news coming up shortly but if you watch his addresses, it is pretty obvious, he is working to clean things up from the past ticker holders and is waiting to unleash those news items at the right time.
This is a time to load up and be patient. It will come. Let's not forget, this ticker was on everyone's radar earlier this year and still is...
The only thing obvious is you're trying to buy cheaper. No one knows the timetable the OTC is on for PGPM. The mistake certainly caused a delay but it's just that, a delay. It is not often that a company comes out of the dark after 7 years and does all of their filings to become current at pretty much the same time. Not normal at all. If a normal situation takes X amount of days, then obviously this would take longer but, it certainly does not mean that the OTC determined it's not good for the public. That's just silly...
It's frustrating and people are forgetting why they bought in. This company spent many thousands of dollars to become current after 7 years. They must have a very good reason for doing so...
I do not think the error was intentional, they are way to invested to play that game which is nothing compared to the bigger picture for PGPM.
We know they have some kind of major news involving new extraction technology for wells they already own. We know they have 45 million in assets as well as revenue.
The OTC is behind 2-3 weeks. With the mistake, perhaps that added another week or so...It has to be soon at this point and if not removed, then PGPM could easily pursue legal action but I do not think they will have too. It really just comes down to the OTC being behind 2 to 3 weeks and MM's and others playing on peoples fears...
It's all in the recent filings they have done to become current after being dark for seven years. They do have revenue, they do have large assets, they are current and have had their OTC profile verified with the green checkmark, will have CE removed anytime now and then a major news blitz will begin IMO
They have not been debunked. That is ridiculous. The 45 Million in assets was recently audited...They also show current revenue. The only reason this is not at the 4 cents it should be due to assets, is because they are waiting for the CE to be removed before they start a major PR blitz that will disclose why they have spent many thousands of dollars to come out of the dark after 7 years and spend the attorney fee's and such to become current.
On the website, they speak of new extraction technology and that has to tie into all of those wells they already own.
This stock has been manipulated more than most OTC stocks ever do but it is only a matter of time until the CE is removed, PR's start to flow and we see a very quick rise to 4 plus cents...
BMIC and VDNM still on board but they have been holding at 28 pps and not dropping down. Bet that's where we end up at soon or by eod...
So your hung up on the word "typically"? There is nothing typical about a company coming out of the dark after 7 years and spending the money to do all the filings necessary to become current. I think that this is a situation where they will take their time to review 7 years of filings and make sure it's right, so yes, I think they are looking at 30 days being a minimum to complete their review. I do agree that it is not a rule and that they will change the status as soon as they are complete. I think we are well past the 30 days and it has more to do with them being backed up. It has to be close by now though and that is all that really matters..
From the OTC Markets page:
OTC Markets Group will remove the Caveat Emptor designation once the company meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and demonstrates that there is no longer a public interest concern. The Caveat Emptor designation is typically not removed within the first 30 days.
Here's the link for it http://www.otcmarkets.com/learn/caveat-emptor
Do we know the start date of that 30 day period? They presented 7 years of documentation all at once to become current after having been dark. I think they probably needed the extra time and do not normally have to approve so much at once and I'm guessing they wanted to take their time to make sure it was all correct. If someone has already determined what the start date for 30 days is/was - please let me/us know. I sent an email to OTC markets asking that very questions and am waiting for a reply...Either way, it has to be very very soon.
He's suggesting (and I agree) that they have not updated it because they have a 30 day waiting period. The green check mark means we have satisfied one of the requirements, we know they have filed financials and such to meet the qualifications for pink, so the only thing left would be the 30 day waiting period + the fact that they are behind...
From their page: "OTC Markets Group will remove the Caveat Emptor designation once the company meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and demonstrates that there is no longer a public interest concern. The Caveat Emptor designation is typically not removed within the first 30 days."
I hope so. If it's as earth shattering as he has made it sound, that would be good so that people would have the weekend to digest it and prepare to buy on Monday. Next week is going to be exciting... $BVTK
That green checkmark is a BIG deal. We are getting very close...OTC Markets Group will remove the Caveat Emptor designation once the company meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and demonstrates that there is no longer a public interest concern. The Caveat Emptor designation is typically not removed within the first 30 days.
That was interesting. The verified profile seems to be part of the process of getting it removed. That green checkmark is more important than many realize...From the OTC page
"OTC Markets Group will remove the Caveat Emptor designation once the company meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and demonstrates that there is no longer a public interest concern. The Caveat Emptor designation is typically not removed within the first 30 days."
Sell today and you are guaranteed to be chasing by Monday AM whether news is out of not IMO. Dilution looks as though it has finally ended. I think the company was waiting for conversions to complete before releasing "This Changes Everything" news. Why release that on a Friday AM? Makes no sense and the company has been very smart so far...I'm betting they release news Monday and that the run up Monday AM will be very fast in anticipation of that..
Agreed. No BMIC or VNDM today. It looked like they were finishing up yesterday and it would seem that they did. Finally.... News should be imminent. The only thing holding it back right now looks to be CSTI and CDEL playing games while people accumulate just prior to news. News will probably be next week at this point. Would make more sense and allow a better run up...Anyone selling because there isn't news today is going to regret it though as I think there will be a huge run up Monday AM whether news is out yet or not.
I'm thinking news after hours today. The way things have looked today, IMO, they are finishing conversions and maybe we see some news or at least a Tweet after hours...
BMIC has dropped all the way back to 5 cents and VNDM just increased his show to 1M and has been letting it go up. I am getting excited. The end of conversions is anytime now and then finally we will make some big moves...Last chance at this price IMO
No news but it interesting to note that both BMIC and VNDM have been at 26 all day and have not come down to sell shares even as other MM's undercut them. I think that is significant. They have been letting it move up a tick or two each day for a few now. Must be close to finishing up.
Just watched BMIC hold at 25 while NITE undercut at 24. BMIC holding like that is a good sign. It would seem they are letting it go up a tick or two each day as they finish converting. I think we will close at 25 since that seems to be the price BMIC wants it to be today.
They are still showing unchanging numbers of 500k but they are not even 1st MM. I think they must be getting really close to finishing up conversions. $BVTK
No, not at all. O/S not changing IMO. Just finishing up convertible debt.
They and most companies use BMIC for that. It's a note that is converting and BMIC is the brokerage selling it.
Just watch BMIC and the never-ending shares. They had 100k posted all day yesterday and it never went down. Same today though the number is 780k but still not going down no matter how many buys go thru. BMIC is a known diluter. Easy to see on L2. It's not a bad thing except for the impatient. They can only have so many shares and once done, I think we then see news. If they put news before the conversions are finished, it will stall out the run or at least hold it back...
I think news is being delayed until conversions finish up. BMIC is still on the ask. Once gone, I think we then see news but not before IMO...