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I'm not as smart as LTGL, but think for just a second. Why would Mark Zuckerburg IPO his company instead of just keeping it to himself? Because the stock being bought and sold amounts to many Billions than the company sitting in his hands. Wang no doubt has millions of shares and once traded on the open market he stands to gain a great deal more as a result...and can still bee CEO...win win
Not just R.O. that"s quiet...the entire company is quiet and have been for a long time. The MM's are still in control. Picked up 100,000 today thinking I could get in on the MM fun, but only down more.....frustrating.
I know you wrote this almost 2 hours ago, but what strength are you talkin g about...if my math is correct...or close, we are down about 10+% today alone...that's strength???
That may have been true in the past...not sure to what extent that is true or even whether that is a long term negative. So, lets suggest that as true I would say that could be both positive and negative...but stock dilution...maybe, but rid of the toxic debt that probably costs the bottom line a great deal more in the long run. I accept your premise...but.
Do you actually have proof of this or is the statement really...IMHO. Please provide some kind of substantive proof please. If true, maybe I'll dump my 15 mil tomorrow that I've been holding since .0009. Please HELP!!!
I definitely agree with you, just a bit frustrated with the movement over the past several weeks. We hear what seems like great news only to see the stock go down. I will hold for what I do believe we will eventually see.
I believe they collect for a period of time and then sell off when they start to see a modest amount of interest on the bid...making fractions of a penny, but with millions of shares, they can play for a few penny's and continue to stay in control of the stock. Us retails just have to sit back and watch the show
Probably right!!! I guess we wait for that. I believe in this stock, just a bit frustrated this morning...I need to get over it and move on for the day.
Why would we care about people waiting more when it goes down. Isn't the idea of a stock and our purchase to see that it go up? I personally have bought after it goes down, but unless it accelerates upward it's hard to take advantage of any real upward movement.
We can only hope. But I hear the same thing each day only to see it up 3 down 4, up 2 down 3...just can't continue that upward climb.
I agree with that. With the number of OS, it allows people to continue to manipulate this stock up and down way too easily. But, profits are the mothers milk. That's what will finally make a difference. It just seems to me that with the stock market and stocks in general are forward looking, this doesn't bode well for this little stock so far.
Huh???? Stock is down 5% already...boomtime, does that mean down??
Man o man, all this great news...please stop. My stock portfolio can't handle it all. Good news out, stock goes down. What will actually move this stock upward???
That's actually a great point. Otherwise this would just be an empty shell trading on what? I do not believe they would continue to allow that to happen. The funny thing is it's trading but trading on what? No info from the company, no PR's; nothing. And even funnier, I own quite a bit. Questioning my sanity.
Thanks for the kind response, I appreciate it.
So help me make sense of the action today. Great news (supposedly) comes out and the stock goes down 5%. Great news down, bad news down. Since stocks look forward and supposedly $400 mil. coming just from one place wouldn't it make sense for the stock to go up sustantially? I am long a bunch...I just don't understand. Thank you in advance.
I think you are correct on one thing. The flippers are in control right now. My hope is that one day that will not be the case.
Really???? Has nothing to do with it unless you believe there are people on the inside that actually know the what's and when's of FINRA decisions. Hardly think so.
I guess until the ticker change and info from the company comes out, some people with a good amount of money will continue to day by day methodically drive the price up and then when they see a day like this with no floor under the bid, they will dump. Same thing week after week. I guess we wait patiently...kind of
Really? Down 15% on 700,000 shares traded...how can that really happen????
Do you really think any CEO tweets relavant info that they can then be held accountable for in terms of lawsuits...never.
Easy, can you say Pump and Dump??? Watch and see over the next couple of days
Sure appears that way to me. That's the tough part of investing here. Do your own DD but the DD you do is really hard to get at the facts, from anyone positive or negative. Thanks
What I can't figure out, and maybe "this is the OTC" is the answer, but many stocks trade on the idea of "buy the rumor, sell the news". Well. there are a lot of rumors, but it seems people here are selling the rumor. What happens when real news hits? Is that a reason to sell too?
I believe you are exactly right, thanks
This is the craziest stock...8 million shares traded and down 10%. What the heck!!!!
Thanks for the response last evening, I cant respond to the message, but I do appreciate you taking the time...very kind of you
JM...great perspective...green is green. Thank you for the reply
Thank you
I've read many of the posts but still curious why people think that we couldn't maintain the gains from the morning. I really thought that with the Stop sign down and only a yield sign that gains would hold. Thoughts???
Thanks for the reply...
I think that "force" holding this back is 7.5+ billion shares...too many for this to get trackion
I often agree that green is green, no matter how much. Unfortunately, there has to be follow through...on Monday. Sadly that is not happening yet, but once it does, then we will see a more continuous climb.
Doubt it!!!!
I will and I agree...but we hold because we know what we hold!!!
I know you are correct, but it's like any injustice...just bugs the crap out of me. Been long and strong since Feb. and will hold.
Crazy!!! 73,000 shares drives the price down 6.5%. Can you say manipulation???
I guess I get what you are saying about them not wanting to give anything to those undeserving...not sure I buy the premise, but I get it. I believe that the truth of the matter is that, and there is no doubt in my mind, that if in fact this reverse merger is going to include a number of entities, then I also believe that the owners of those entities have had time enough to get a large, and I mean LARGE block of shares that will rise to such a height for them that it will substantially increase their wealth...no matter what anyone else owns of the stock (the giveaway part).
One thing I can say for sure...it won't be RED.
Thank you for the response...makes sense.