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Another awesome day 4 KING. What a phu KING POS stock.
I truly hope your right..........................................................But I probably be singing "dump D dump D dumpage, dump D dump D Deeeeeeeeee etc.......... in the AM ; )
Are you loco man? Any active penny trader could have seen a nice exit at 2 cents. The disaster will spill into tomorrow and most won't be able to unload above 1 cent. That's a 50% loss from an easy exit point. That's a disaster bro.
My final thoughts on this stock....There will be no new investor money coming in tomorrow. The vodka contract will ultimately increase the PPS of this stock but only after revenues are generated (6-12 months away) and specific PR's start popping the wires again. The Chinese buyout likely won't happen (90-99% of buyouts fall through). This stock is extremely over bought right now because of the PR-run-up play (scam) and that is the only reason this stock is sitting at .016. This stock sits well at between .002-.005 and will drop down to those levels very fast and remain there until the next big PR scam hits the news wires. If that next PR scam gains momentum, I'll be back. If this is a revelation to anyone other than a noob then I don't know how you're surviving in penny land?
I will be very silent bro, because I'll be long gone and so will the derb. I'm sure the derb is looking for the next play as am I and we'll meet up there (these specific plays pop up about three times a month). I suspect neither one of us will ever look back at this wreckage again. Too many plays out there to ever look back.
Hey bro, inter-day plays, basic 1 and 5 min charting to make plays while this runs is the way to go. Just sell before the news!!!!
674,000
In at .0047, out at .0205. For those of you who got caught up holding the bag and have yet to unload, tomorrow opening bell might not be the best time. I expect a monster gapper downer growler followed by a gnarly dipperoosky possible as low as .007 within the first 20-30 min of trading. There will be a bounce afterwards up to over a penny, that will be your best bet. Don't try to sell on the dip, you won't be able to unload your shares fast enough, wait for that mid morning bounce. This is a very typical aftermath pattern. I play these PR-run-ups scams all the time (my specialty).
sticky this please, it's very important for you noobs to realize what just went down here.
Not enough EOD action for ya???? Don't worry, tomorrow AM will be filled with mega more monster greasy dumpage bros!!!!!!
Think before you hold so long next time. That is if you trader account is still alive for a next time. he he he...
Epic EOD power dump, tomorrow will be the most gnarly gap down'n dump ever!!!!! WEEEEEEEEEEEEE
Let this be a lesson to you noobs. This is a very common scam in penny land, to lure you in with a big announcement on a specific date and run the PPS up to that date all the time your buying the insiders stocks for several hundred % premiums. The date comes and a monster fluff PR or a delay in announcement or no announcement at all will come and have the same effect...The mega nega monster dump!!!!!!!! Lessons in penny land can be very expensive, buy you get your moneys worth if you learn from from your mistakes. Play these runs up and sell before the date and you too can make bank. See ya on the next scam run. WEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!
Epic EOD dump!!!!! Told you fools!!!!
Get ready for EOD dump!!! This stock loves the EOD dump and with no news this dump will be epic bros!!!!!!!
Ok, I'll leave the Chinese DD up to you. You seem to be an expert on Chinese DD, especially DD on Chinese dudes I'm sure.
Nobody knows, too many scenarios to consider here, best case would be buyout deal. China's Easter Monday may have delayed some of the final workings and thus the PR is running late?
Fluff
no proof, just a common scenario in penny land. This just went down with ECO*. Buyout was promised on a specific date, monster run up to that date just like here. Buyout deal feel though and PPS dropped 75% very quickly.
buyout deal may have fell through? This is not at all an uncommon scenerio for micro cap stocks to jump the gun on a potential buyout deal in order to take full advantage of a PPS run up only to have it fall through the last second. I imaging the PR is being re written as we speak to reflect this or a totally new fluff replacement PR is being written and will be release AH. Any how, PPS will drop to new astonishing lows tomorrow. All who invested late in the stock will be bag holders and to all who are up several hundred %, I don't blame you for staying in, your money will be fine. Mark this post.
PPS will be sub penny's by AH. AH news of anything but a buyout would be the most devastating blow here. The gap down alone would wipe out most peoples investment.
No buyout news and PPS will see new 52 week lows. This stock is now being driven 100% by the possibility of a buyout and a buyout alone. If news in anything but the buyout then PPS will see new astonishing lows faster than anyone can sell and will never ever ever recover.
news may come AH...PPS shake to sub pennies no doubt. If news is anything but the buyout then PPS will dip to .005 or less faster than anyone can sell.
Wow, your really going down with the ship (begging for .0015's ???). Red flags everywhere with this stock, just look how it's trading. Give it up with this one, don't let your ego get ahold of your wallet. Good luck with it...he he he
Evaluated this stock all weekend. Things just did not add up and now my suspicions have been confirmed. Glad I dodged a bullet here.
selling currently trumping buying on L2 right now. This is very strange considering a new merger just went down? Somethings not right here, sellers must know something that the average joe SH does not. Not looking good for king kong ding dong........
Why did the PPS dive after the 2010 merger? I'm not suggesting it will happen again, but any info would be appreciated.
2010 merger with crescent energy resulted in a jump in PPS, which was short lived and a massive PPS drop quickly followed and persisted until recently. Will history repeat itself with this merger announcement? Why or why not? Thanks....
How will this merger enhance Revenue for king? The merger PR did not discuss potential revenues or acquired debt that might result from said merger. Why not? In order for the PPS to skyrocket potential investors need to have some idea how this merger will affect the bottom line for king. If you have details, post them. Thanks.
As soon as this hits sub penny I'll buy 1 M shares followed by another 1 million on the sub penny down ticks. Aggressive interday trading will allow me to hopefully double or triple my shares on the next run up. Who knows though, a PR on Monday could derail this plan...?
Subpenny land Monday or Tuesday for sure! I don't foresee any news coming in the next week??? Thus, in the meantime, the PPS could retrace back to pre-run levels of .005-7 ish over two weeks or so??? I plan on staging my buys with the first buy at anything under 1 penny. Then I'll shoot for .009 and then .008 and so on until the next run. With each run I foresee PPS attaining new highs. However, for this to hit 10 cent land strong revenues need to be reported and that is at least 6-12 Months away IMO. There is no point in sitting on your shares like a dope, trade them up on the runs using basic interday charts (5 min, 1 min) and sell them all prior to the pullback, then reload for the next run.
The 5 billion shares won't effect short term of this penny stock because of the current news. Penny turd stocks will usually experience major short burst mega gains following "wow news" regardless of share structure, which are usually followed by major pull backs a few days later. I think this stock will continue to run to mid week with wild PPS swings along its way up...followed by major pull backs towards end of week leaving lots of bag holders wondering what happened. I suggest trading this stock up during the next few days, take profits, and sell before the pull back. I agree, 5 billion shares will hurt long term gains though.
I can't really see PPS moving much in positive direction without some major news (merger, acquisition, new contracts). Until these high caliber PR's hit the wire, I think we will see little movement or gradual decline in PPS. I've got 200K shares and I'm willing to wait it out. The daily down or up ticks don't really matter. The PPS will sky rocket once PR's hit.
No, that was my buy. Put in this small buy order for .019 ( the PPS was .013), wanted to test how responsive the PPS was to small buys and it backfired, instead of bringing the PPS up, it filled the order at the current ask of .01 and brought the price down to .01 instantly. oops.....
Why choose to dilute now? Because the deal is far from done and likely will never be done. The PR's embellished the truth in order to turn some junk stock into cash. 0.003 up to 0.045 is a tone of cash! Very typical penny stock scam to use specific dates in PR's to entice investors into major buying based on a sure thing (9 times of of 10 the date comes and goes without delivering, but the company cashed in for sure). These are great plays if you realize what is going on and sell before the date hits, no delivery and PPS tank.....However, another tasty convincing PR could still turn this thing on a dime.
Strong for now, but a week or so without PR's and momentum, interest ect... will bring the PPS back to sub pennies (I'll wait it out, absolutely no sense in buying in now).
PPS will retrace to sub pennies before the next major run ( over .02). That is unless positive PR's hit. The company is still operating at a net loss (not good). Pending PR's to watch for would be: new technologies, CE marking progress, new contracts, possible merger or acquisition? Until these PR's hit, PPS will continue to decline. I'll be back in at any price between .01-.005.
Big red flag anytime a corporate PR gives a specific date for a monster announcement. 9 out of 10 times the monster announcement is very underwhelming, delayed several times, or even never comes, all of which result in a monster PPS dump. The money has already been made in the buildup to this date. I only see PPS dipping from now up to the announcement and then tanking when the announcement does not deliver (< 10% chance of delivering). Most of you know this and have made money on the buildup, but it seems like some of you are caught up in this scam (this same scam just went down with ENO*), don't fall for it.
Having said all that, PPS could turn on a dime and rally if management starts another PR run very soon.
Very typical for penny turd stocks to use catalyst PR's with specific dates of major events to maximize price momentum and 9 times out of 10 that date will come and go with no delivery followed by a monster PPS dump and thousands of bag holders in denial of what just went down. Company insiders made major money off this run, likely sold all those shares that many of you bought on this price run up to .045. Now you get the fun of holding the bag. (HBRM is running this same scam right now) WEEEEEEEEEEEEEEEEEE