is too big to fail
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yup, and all of it taking place at .0001
enjoy....
of course, an influx of lotto players might delay the reverse split for a while.
Be careful what you wish for; if the lotto players take an interest here at 0001, and combine that with the seemingly endless dilution, the chances of the price ever exceeding 0002 again are negligible, imo.
That was another bogus, misleading, and intentionally vague PR. Potencia is a private company, completely separate from BBDA from a legal standpoint.
Unless the companies merge they can't just count Potencia revenue (if there is any) on BBDA's books.
Maybe he could count revenue from race fumes in there too....
lol..the "real stock traders" won't touch BBDA
Well if anyone had a guess as to how many buys it would take to clear out the 0001s; add 2 billion to whatever number you thought.
I'm curios why they have not filed yet?
Since what you're proposing is illegal on so many levels, perhaps you're right...
and please don't offer me any more investment advice, OK?
I see it on my L2....
Congratulations?
There is no bid. Period. Try to sell some shares at .0001 and see how long it takes.
There are 12 billion shares out there. Almost a billion have been bought at 0001 since it went no bid, and three MMs still remain on the ask.
ah yes, according to Diddi....
and he would know that how?
jesus...the last thing you want is the SEC poking around. This crap happens all the time in the pinks.
Perhaps you'd like it better if they suspended trading while they investigate?
Bid and ask are .0001. Great time to buy. Will inevitably rise
again
There is no bid because the massive dumping at .0001, much of which was dilution (although I'm sure a decent portion was people finally giving up and bailing), finally overwhelmed the number of people willing to buy at .0001
Now it's just a lotto play, imo
Maybe, but the bid has dropped on even less recently; glad to see it holding for now
Here, enjoy your reading...
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=31552
Bored marks to a new all time high of 349!
lol...I'll trade you my "bored" for your almost correct "boared". Boared marks accurately describe the condition of most of these shareholders anyway.....
550K at 007; largest buy I can remember for a while...
lol.... .002 x .007
someone want to drop a bid in there before we open?
ACDU 20MA about to cross the 50MA
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49596097
ACDU 20MA about to cross the 50MA
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=49596097
In the past week close to 2 billion shares have gone off at 0001. Even if it does get a bid back, this fact, combined with inevitable future dilution, almost ensure that it will never break 0002 again without a reverse split, or a miracle.
imo as always...
The correct term for that is the "spread". A gap is a charting term which does not apply in this case, as it refers to the price dropping down to fill a "gap" in the chart.
ACDU .0072 HOD with volume coming in at ask
ACDU .0072 HOD with volume coming in at ask
omg...yup, the chart looks absolutely FANTASTIC!!
What leads to no bid is having an unlimited amount of selling with a limited number of people willing to buy.
No one "knows" anything....simple supply and demand
Amazingly, some people are hitting the ask....
Just watch the daily list each day, it'll be on there soon, he really has no other option.
There are a few posters on ihub who post it each afternoon, just do a public message search for "daily list"
Didn't you hear? It was all Carnes's fault.
Gone. Officially no bid; that would be game, set, match.
Another 100 million dumped, another MM falls off the bid
3 x 8 now
This is just "disgusting and morally reprehensible". Guess were that quote came from?
lol...what's a few hundred million shares amongst friends?
He obviously has no idea of the scope of the company's funding needs, thus the constant raising of the cap, diluting to the cap, raising the cap, diluting to the cap.....why not just set it back to unlimited? It's not like anyone actually believes that the "cap" means anything anymore.
It's getting a little hard to keep track of, but I think that's roughly 2.8 BILLION shares this month alone. About $280,000 before "fees".
And now he's within 500 million of the share cap again, after having just raised it last week. Apparently the definition of "cap" escapes the man.
I am honestly stunned that some people continue to buy 0001s (much less 0002..)
Too many cards stacked against this now, imo. Reverse split is really the only feasible option, and even that is just a temporary band-aid.
There was another quick 100 million at the bid.
Still 4 x 8
The 4 MMs left on the bid (NITE, ETMM, DOMS, HDSN) are historically the most active MMs in BBDA in terms of volume traded; if these MMs start to drop off the bid then it's truly time to be concerned about going no bid, imo.
If you weren't already concerned, of course....
lol...I've been pretty bussy myself
.006 x .006
Now that's a tight spread
.0001 x .0002; 4 x 8
I'll have to get that L2 that you have, because on mine it looks like the ask is thickening.
0003 x 0004; 2 x 3