Contemplating my business/loan disasters of last year.1@
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Now I don't know how well this theory will bode with everyone, but what if the drop in pps is just a master plan of Sandy to try and do another buyback for cheap?... He has to hit his goal of 1 billion shares right?... It's easier to hit that target when the pps is at .0002 than when it's at .001...
I just tried to buy some shares of QBID, but was unsuccessful... I put in a buy at 0.0000 and didn't get a fill... you guys should move over to BKMP... they're trading at .0006 now... we'll see if its the next QBID...
Look into EQBM... it is a gold mining stock that is treading very very close to bottom in my opinion.
BKMP and EQBM about to explode in the short term.
EQBM is expecting news on August 3rd, and hit bottom at .005... now its on its way very slowly up... it won't go up much though... but worth a shot.
BKMP - Nothing needs to be said about this... this stock will blow everyones socks off.
How can you buy at .0005?... Did the ask ever get that low?... I thought the ask would be .0005 if the pps dropped to .0004... I don't see anyone selling at .0004, so my guess is only MM's can buy .0005 from the weaklings.
If it goes to the 4's it would be MM's playing a rotten game... And they'll have to put a gun to my head to take my shares away.
Ok, I've been watching this stock for a while... since it was at .0002, and I never bought in then because I didn't have my brokerage account setup yet... then the buyback happened, and the pps went up... and it made me sick... now I finally got my chance to get into this, I'm a huge fan of MMA, and this thing has a lot of potential, short term and long term. Yes it is true, short term this thing is PR driven... hell that works great for me, I just bought 10 million shares at .0006, and I think the max the ask will go down to is .0005... so I could have saved $1000 if I waited I guess... This stock has a lot of momentum, and I can't wait for next week when something big is announced.
I got my fill... 10 million shares at .0006
So how many successfully filled at .0006 today?... I put my order in, but nothing... didn't get even one share... MM games it looks like.
I don't know if you understood a word of what I wrote, but if you think I was bashing, read my post again... I was saying this stock is really undervalued... anyway, I don't have L2 so I can't really see it in any more depth... I'm down about 50% on this stock, and haven't averaged down, nor have I sold... Anyway dude, you're a nutcase, and you own 210M shares? I'm sorry... I don't have the patience or the time to deal with you... Ignored.
Well, until we get an earth shattering PR, this stock will keep plummeting... and you know what? I don't give a sh**... Let it go down, we know what its worth, load up more when it goes down...
In my opinion, shorting is not the reason, it is impatient flippers that get into the stock at .007, and see they can't flip so they cut their losses and sell at .005 with the huge damn gap... then someone else comes along and buys and flips... this process repeats itself and it has been for a long LONG time now... this stock is going to head to the .0001's if we don't get a solid PR... and I wouldn't have it any other way... just because your ticker says .0001 doesn't mean its worth that... the only shares people will buy are the ones that have gone from one flipper to the other for losses... yeah, they're cheap shares and I don't know how many of them are left but so what... grab them before someone else does...
But yea, by all means those of you who think it is shorting, get the certificates to eliminate that as a reason... I don't think it is dilution either... I simply think it is going down because flippers are too impatient and they're selling for a loss... I implore more flippers to join us and sell their shares at a loss... each share that is sold at a loss and picked up, is basically a share to us at a cheaper price... they're losing money for our advantage... If someone pays 10000 for a car, and sells it to you for 8000, you're not going to suddenly assume the car is only worth 8000 are you?
Anyhow, the company isn't profitable yet, and so it is tough to put a price on the true market cap.
But anyhow, I am not averaging down... reason is, plain and simple, this will go down further and further till news... if news is expected on August 3rd, well I expect it to go down atleast till the 26th... Then it matters on how many people believe in EQBM and want to try and cash in on the August 3rd date for a bottom play, and then it'll start going up... So thats why I'm not averaging down yet, because I don't see anything to change its course down hill in the short term.
I hope the August 3rd news is BIG, that way we will not be revisiting these levels again.
I don't know, the fact that all of the contacts on their website have AOL email addresses doesn't quite sit well with me. I own 20 million shares bought at .0002, and I'm bracing myself for the r/s announcement that is not far away.
Look at the chart carefully, looks like an uptrend to me... these fluctuations are only shakedowns... MM's do it to create the most action and make the most profit. Its too bad I don't have any money, because I would have loved to invest in it.
CHDT on the other hand is tanking...
Keep in mind guys that todays low might actually be people bailing from it temperarily or permanently to get onto more active stocks... like PAIV... So they don't mind selling for a loss to be on a winning train for once...
Just a note for those who think this could be the next PAIV... It might very well go that course, but if thats the case, you have to be prepared for this to go down to the tripple digits. Imagine how people owning PAIV felt when this thing kept going down until it blasted up. Thats the reason why I haven't bought any shares during these dips, because I forsee this thing going lower and lower until the blast off (if it exists)... and until then, I think my 624k shares is enough.
A lot of people are losing faith in this company it looks like... Thats a shame... I'm going to be patient with this atleast till August 3rd, but I've pretty much lost 50% of my money at this point, and I got in late!... This is not funny anymore, I sincerely hope Larry is busy taking care of business, because at this point this sick drop just seems incredibly fishy to me.
I think you may be right... It does seem odd that theres a consistent number of shares being put out there on a daily basis... I'd be curious to hear what the current float is...
Flippers
I'm not a pumper nor a basher... infact yesterday I said it wouldn't go below 6... But basically today there are panic sellers, and panic averagers... there is still a few weeks till the next dig, and I would say, end of day today or tomorrow are your ranges to buy.. But I don't know about buying immediately either.
" Tomorrow if no news happens, I see this not going past 45, and not going below 37..."
But I called it yesterday... :)
Seems to be a war between flippers and new buyers right now.. I hope the flippers lose.
News can spring up any day now, and anyone that sells now will be losing out on another run that'll make the last one look like a small hill. Hopefully news comes out soon.
LOL.. But seriously, if it goes to that range, I'll certainly be loading up big...
Common sense tells us one thing here, there were a lot of insider sells today... and that means there will be a lot of insider buys toward the next dig... We have a pattern here, we understand the nature of this stock more or less... So let the other sheep not part of this board sell tomorrow... People on this board should be looking to BUY! I played this stock wrong, I bought at .18 lol... and then sold half my position at .155 (loss)... good thing I did that, because now I can use that money to purchase shares at dirt cheap tomorrow...
But yea... just as insider selling ensued today, so will insider buys follow shortly... Then comes the hype... and then people sell half their positions, and *rinse and repeat*...
Let's be realistic, we all really know where this is going without news... Tomorrow if no news happens, I see this not going past 45, and not going below 37... That range is getting tighter and tighter, which is good for longs, not as good for flippers... And it will continue to fluctuate between that range till news.
I think it'll open at .07, and it won't go much further down... 0.06 is max it'll go down, MM's will TRY HARD, but most people would rather give away their shares than sell at that price. Besides, most here understand the volatility of this stock by now, they know it'll most likely be heading back in the dime range eventually, so it makes no sense that people actually believe this will go down to .01 and .02. And *if* there are people who would actually sell at that price, I will be there to buy a truck load.
till news hits... after that, it'll have a whole new set of random numbers to its momentum.
Agreed... If there is indeed insider selling, then the people responsible should be put behind bars... Not only that, if major insider selling did take place, then EDEX as far as I'm concerned has trust issues, and they will go down hard.
This is the strangest thing I've seen... only a few hours away from news, and so many are bailing... It does seem like insider selling and panicking to me...
Hey guys, does anyone here have a link to the interview with Larry? It seems I wasn't able to listen to the live session, but they usually save a copy of it right? For some reason when I goto the archives it shows up as xml garbage...
Someone is playing stupid games here... everytime I try to put a buy for 1.11, the ask shoots up to 1.13, and the bid still stays the same...
It is about the market cap... Currently their revenues are under a million... but their market cap is 6.7 billion * 0.0023... which is $15.4 million... So if you base it purely on current revenue, then it is overvalued by 15 times or more, however with the prospects of the other deals out there, this thing can become fairly valued quickly.
It is like with research companies... Research companies are rarely profitable during their research phases or even during their long stretches of *waiting*... yet they have investors because people are willing to take a chance
Well, it isn't too bad... their revenues are under a million dollars, however a product like this when it spreads, it really spreads fast, so there's an inherent implied value with it. You are correct, this pps will not move without news on the deals that Mr. Corr has cooking.
According to the interview, Mr. Corr said it was 1.7 bil in the float and 5 bil restricted...
Unfortunately I never invested in L2... I will have to soon enough, because it feels like I'm investing blind without it.
Yeah I'm with you brother... lets all sacrifice your left nut for a 1000% run!
Oh I don't like the looks of this... we seem to be bouncing up from the gap down... I wanted to buy some shares at the low 30's... hope I get that chance today... but prolly not I guess.
When is that PR supposed to be coming out?
No, flippers are playing their game, and they're also gambling with when that PR will come out... Hell it could come out tomorrow when you've already sold off everything, or it could come out next week... If you have faith in your product, you have nothing to worry about, just don't look at the pps...
Well that all depends on how many morons are willing to give it away.