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Aww come on, the Cards are a great team! I'm a die hard fan. But not a bad guy. As much as I dislike the Cubs I rooted for them to win the World Series, still needed to stick up for my state, and I kind of felt sorry for them. But I won't stick up for IL's government, in my opinion they have got to be the most corrupt in the union.
Anyway, I will have more funds available to trade with in my TD Ameritrade account tomorrow. Been researching the past few days where to park it. VDRM is still on my watch list so I haven't ruled them out. But I was hoping to buy back in lower than what I sold them at two Mondays ago. I think I sold close to the very bottom lol.
I know it's buy low and sell high, but I just feel in my bones that Viaderma will report numbers soon and I really hate the thought of being on the sidelines if the numbers are good and the price pops 300% or more. However, if the numbers don't live up to other investors expectations here, I don't want to be holding it for another sell-off.
Decisions, decisions lol.
Good luck to you sales and thanks for the member mark! I returned the favor to you as well ;)
Damn, I should have come to you first!
Which direction? Yes or no?
And those gains can go just as fast as they came too.
I pulled triple my original investment out, and letting the house money ride, I sleep better now. Should the market pull the rug out from under this I still walk away with a 200% gain.
I'm not a buyer here. Price too frothy. I'm thinking of adding more at the 50 DMA level if it drops that low.
Good luck to the longs.
I get the same feeling that something isn't adding up. It's why I'm on the sidelines for now.
But I'm usually wrong so this will probably pop up 1000% one day on fantastic news while i'm on the sidelines... and I'll have to vomit.
No need to make fun. I still use MS-DOS 3.1 and a dial-up modem. I don't have a hard disk drive, just my trusty 5 & 1/4" floppy. You wouldn't believe how difficult it was to find a web browser that works with DOS.
The A-Team. Or better, the Enrichment Team. However, I was a fan of the Mod Squad. Showing my age...
I pretty much agree. What's keeping me from going all in with this stock is the share structure. I fear a dreaded reverse split is on the horizon. I'm holding shares now but I don't plan to add any more until after the reverse split. This does a RS and in my opinion the stock price will be punished even more. So I plan to add to my position after the RS and after the SP establishes a new low support level.
I think TRTC can be a huge player in this space one day, they're putting in the infrastructure to do so. But right now they're doing it at the expense of us shareholders. But how else do they do it when banks can't loan to them? I get that.
I'm in IL too. But a Cardinals fan, not Cubs lol. I live about 40 minutes southeast of St. Louis.
But regarding VDRM, I'm with the others here who are saying "Show me the money!" That was a good movie by the way :)
And very frustrating to see the share price go lower every time VDRM puts out a PR...
Nice, but still no mention of revenue numbers. Why can't they clue us in as to how sales are going and not just say sales are good. Give us some real revenue data! Sales since November and yet not a peep from them regarding that. I'm still all out and waiting on the sidelines. But hoping to get back in once I see real numbers.
The idea of offering discounts is to get people to try the product and hopefully get them hooked because they like it. Once hooked, there's a good chance that they will come back for more and pay whatever price they have to, even if at full retail.
Granted "selling" is more difficult a job if trying to sell to someone who has never tried your products before. But selling and up-selling becomes much easier if dealing with a repeat customer.
In my opinion POTN is executing exceptionally well.
And no, I don't like the terms of that toxic note any better than anyone else here does, but that deal was worked out when POTN was trading for just a few cents a share.
At the time, the note holder was getting shares for perhaps a 90% discount. But 75%-95% discounts in exchange for funding is pretty typical in Pinky and OTC land.
And I doubt POTN was expecting their share price to explode to the upside like it did.
Full disclosure: Long POTN
I wish the note holders would just dump it all and get it over with in one fell swoop over a day or two. Bring the PPS down to $0.002 and get it over with quickly. At least then the SP would have a better chance to start moving up. I still stand by my thesis that the market cap is too low if forward looking.
I'm still keeping the shares I have. The way I look at it they're this much closer to the end of dilution.
The market makers shaking the tree. Let them shake it. Intercloud is much more closer to being debt free than where they were a year ago when the SP was much higher. And I can't see Computer Associates getting involved with them if they didn't think they'd be around much longer.
I'm excited to see how Netlayer pans out.
Oh it is. Viaderma is mentioned on Elixr's home page. Go to their home page and scroll past those nice looking legs and you will see:
"CBD is a compound found in the Cannabis family of plants such as hemp. CBD is formulated into the carrier solution. Elixr's products are created using the CBD carrier solution, organic ingredients and essential oils in combination with Viaderma Pharmaceutical's Patent Pending Dual Carrier Transdermal Mechanism."
https://elixrcannabis.com/
You're welcome IED. You will also notice more T-Trades posted after hours tonight too ;)
I'm looking forward to ICLD's next earnings report coming up soon. Most interested to see how much toxic debt is remaining. In my opinion, once that's gone this stock should be able to move.
Would love to see them secure conventional financing one day too.
This stock doesn't trade after hours, no pink stocks do.
The ICLDD trades that posted after hours today that you are referring to are called form T trades, or T-Trades. T-Trades happen during the normal trading day, but the market maker or makers wait until after hours to report them.
Per FINRA rules, market makers have to report all daily trading activity. FINRA doesn't specify when though. The market maker can choose to post certain trades after the market closes and still be in compliance with FINRA reporting regulations.
It can fall more, but the way I look at it the price is a lot lower than it was last week. Funny how people love sales if they're buying TV's, cars, etc.. But won't touch a stock that's on sale with a 10 foot pole. They prefer to pay full retail price for stocks.
I plan to buy a crapload more POTN on Friday. I will have funds available then. Shorts, please take this down to single digits! Thanking you in advance.
Thanks Kenny.
There are no trades "happening" after hours for ICLDD. The MM(s) simply "report" certain trades after the market closes.
The trades "reported" after hours today for ICLDD are T-Trades. These are trades that "happened" during the normal market hours today (between the time the market opened and before the market closed).
The MM(s) just report these trades after the market closes. ICLDD does not trade after hours, for that matter no pink stocks do.
T Trades are just certain trades made during normal market hours that the market maker(s) report on a Form T after the market closes.
Market makers use Form T reporting as a way to keep us peon retail traders from seeing their every move during normal market hours. It's easier for them to manipulate stock prices higher or lower to their advantage by reporting certain trades made during the day AFTER the market closes. FINRA only requires them to report all trades in a day, they are not required to report all trades as they actually occur.
Here's a good article on the subject:
https://incrediblepennystocks.wordpress.com/2013/06/25/incredible-penny-stocks-what-is-a-form-t-trade/
My guess is it was a mistake. It's probably something that they planned to put up on their website eventually, but the person managing their website did it before he/she had official clearance to do so and had to quickly remove it.
A company I used to work for made mistakes like that from time to time. They would give us a link to an offline URL to proof hundreds of new items for errors and such, and we didn't always catch them all before they made the URL live.
We used NetSuite to integrate our product, specs, marketing materials, etc.. to our website, and it was just a matter of going into NetSuite and putting a check mark on a page or item that we wanted to display or not on the website. So it was quick and simple to pull something down if it was put up in error or prematurely.
And even if the wrong page was only up for 10 minutes or so we'd see where there were already 15 people who clicked on it, so we would know to expect 15 inquiry calls lol. We looked pretty stupid sometimes.
I wonder how many people already called POTN asking about this mysterious page that was up one minute and down the next?
Lol! I don't mind losing other people's money as long as I don't have to pay them back :) But I'm afraid that's not how it works if you get a margin call from your broker.
But I'm like you, my personal stock trading account is in a cash account. I don't have to worry about TD Ameritrade using my shares for people who want to short the same stock.
I have a Forex account that's margin. But trading currencies is a different beast. Using margin is OK as long as you're not being too greedy with excessive leverage and you set up your trades knowing beforehand the most you're putting at risk.
For example when I set up a Forex trade the most I'm willing to risk on any trade is 3%. I usually set them up where the most I can make is 20% and the most I can lose is 3%. The nature of the beast is I lose more trades than I win but when set up like that I still manage to make money that way.
Have a good weekend!
But only if your shares are held in a margin account. If they are in a cash account they're not available for market makers to borrow. Or at least that's my understanding.
In my opinion Billy you are correct and Stcokwatch is wrong. I think Stockwatch is confusing the AS with OS or vice versa. The company must file to increase the AS. But the OS gets diluted anytime note holders unload or convert their shares.
The way to check for dilution is to watch to see if the OS goes up. Any time it goes up, the shares of the company that you hold have just became a smaller slice of the whole company pie. So the portion of the company that you own has just become less. You know this already, I'm just trying to educate any newbie who might be reading this.
I don't agree. Stock gets diluted any time the number of outstanding shares increase. The authorized share amount is the maximum number of shares that the outstanding shares can dilute to.
I do agree with you that dilution can happen without SEC filings. Toxic note holders can dump their shares whenever they want to and they usually do and regardless of how low or how high the share price is. They get their shares for pennies on the dollar so even if they dump at 10 cents/sh they're making bank.
Does anyone know if POTN's transfer agent is gagged? I'm looking for the current OS as of today. OTC markets has it listed as 269,920,485 shares. But that's as of 11/28/17. A lot could have happened since then so it's unreliable data. I'm sure it's much higher now.
I emailed the transfer today but haven't gotten a reply from them yet. I was just wandering if they reply to requests for share structure information. I won't waste my time waiting or emailing them again if they're gagged. But if I hear back from them I will let you know.
Same here. Audit shmaudit! You either believe in this company and accumulate shares on the dips, or you don't believe and get the hell out.
Me? I'm a believer in POTN. I personally don't care if this goes back to a penny because I know where this will be in a couple of years and anything under a buck will look dirt cheap then.
I plan to flip some shares along the way on pops to lock in realized gains, but I also plan to hold a core position for the long haul and the serious zip code changing payday.
Just imagine an MMJ industry where Jeff Sessions is out of the equation. That little man (literally, he's 5' 5" tall) won't be the AG forever.
My opinions only.
Thorough accurate audits take time. The audit will be finished when it's finished.
I take it you're not a big fan of Munro?
The question is how much toxic debt is remaining? That's the $64,000 question. Hopefully we find out on the 13th. They eliminated a lot of toxic debt, took on a little more, but eventually it will all be paid off and the dilution will come to an end (assuming revenues start to pay the bills, a big assumption I know).
But nobody knows this company better than Munro, and he seems to think 2018 will be the year. I take everything he says with a grain of salt, however I am cautiously optimistic.
Well the trade wasn't made after hours, it was a T-Trade made during the regular trading day but only recorded after hours by the MM. Very common with ICLD lol. Let's see if it was dilution.
Well no doubt it helped the SP today. Great finish! Kept most of the day's gains. Nice to see. Hopefully the upward momentum continues :)
Another nice close today guys & gals!
ICLD is supposed to report earnings on March 13th. I'm anxiously awaiting that.
Beautiful close today!
Thanks Kenny. And I agree the market cap is insanely low. Investors have the company valued for total failure. But should Intercloud rise from the ashes as it appears they may, market cap will become more fairly valued. Lots of room for upside in my opinion.
It's still a risky play, but with risk can also come reward. Like you, I got good vibes from the PR, and I usually don't get them when Munro speaks.
Heck, I'll be happy if this closes green today. Sometimes the intraday pops don't even last until the market closes. Real depressing when that happens... start out green and close red.
What I liked most about the PR today was this "...but we understand it is our job to rebuild confidence in existing shareholders..." I couldn't agree more. It sounds like he's taking some responsibility. Good CEOs should at least TRY to create value for their shareholders. And a good start is to make the shareholders feel confident enough to hold their shares or to buy more.
Tell me aboot it. This is making up for some of that pain and suffering. Can we string together a couple of up days now? That would be even nicer, although lately a rarity. Go ICLD!
Very nice!
OK, to put a positive spin on today's trading activity, at least ICLD didn't close at the LOD of $0.1665.
Could that be support? Nah, I doubt it lol.
More T Trades today.
Lots of companies are getting into crypto currency and blockchain technology not because it's a scam, but because it's the way of the future for the world and they want to get a piece of the action.
Even the rest of the globe plans to get away from US dollar based transactions and replace our dollar with a new infrastructure called distributed ledgers. Look it up.
The days of the US dollar’s global dominance are numbered. And people should really prepare for it. Because when the rest of the world drops the USD it will get very ugly for America.
The IMF is planning to use distributed ledgers to replace the US dollar with SDRs (an untraceable, encrypted ledger). And it could happen as soon as this year. Serious stuff.
LMAO!!! Yeah right! You wish.