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Volume should be massive once again here. $36 million or so over the last 3 weeks of trading, phenomenal!
Amazing day here once again and the strength is simply amazing. Remember, this came from trips, which is so hard to do and reach pennys. The retrace from .00095 to .0030 was exactly what the doctor ordered. Don't think there is much stopping it now, although you will have some pullbacks and flipper's doing there thing. But with all the catalysts lined up, I'm just sitting back and waiting for them to hit myself.....;)
Yep your right! Add that to the pile.....lol
People don't understand there are at least 4 major catalysts that we are waiting on.
1) OTC market application and stop sign removal.
2) Updated quarterlies once they get approved by the OTC
3) Definitive agreement and then eventual merger
4) Funding
ASCM starting to rear it's ugly head
Basically none of the current trading really matters at this pt, as volume is extremely light and we just remain at the same share price basically. Once the PR hits, everything will change imo.
Discharge any moment now and then the gag order is officially off Ameca and it will be off to the races imo.
Yep, stop sign removal and updated quarterlies will be HUGE. Already applied for OTC membership and said they would update all the quarterly filings after that, so can't see why that wouldn't happen. Merger looks good so far, but anything can happen during the due diligence process of both companies.
Oh yeah if that's the case I'm well aware of that.
Not sure what you want me to see. The date of the PR?
I agree and in almost all cases in the OTC you would be right. I'm always skeptical myself until proven otherwise, but here at least from the looks of it we don't have a company that has been putting out PR after PR to just pump the stock up in order to dilute shares for the noteholder, which is often times the case. The last PR in fact was mid April, in which they mentioned getting current back then. The latest 2 PR's are starting to bring things together, and the move from California to Texas is just another piece of the puzzle that's headed in the right direction. Of course the merger could fall apart and not happen, and for whatever reason they may not get current, but like yourself my average here is .0006, so I can afford to see this one through here for awhile. Only way I see trips again is if the merger falls through, as there has been tons of money flowing through over the past couple of weeks. 4 out of the past 5 trading days had a close of .0059 or .0060, so it's showing pretty amazing strength at the moment. Market cap is what it's all about, and a $14 million one is nothing for a biotech one with this potential.
Looks like mid .005's is a loading zone/base at the moment.
Yep. I've been watching the 50 dma, and we are right at it now, and seems to be holding that level as support.
At this rate, once the judge signs off on the custodianship, we could have a PR daily for 2 weeks straight!.....lol I mean think of all the catalysts/PR's that should be ready to go once this happens.
One thing is for sure is this has been a swingers/flippers paradise over the past 2 weeks. Major volume and swings up and down. Looks to need more confirmation via updated filings or more consolidation before she breaks a penny.
No I hear what your saying Horst and I'm not disagreeing, just saying we were at .0189 in anticipation of the change of control/rm, and now that we have the confirmation with 8/k, we are heading down on very low volume. I'm long and will take advantage of these dips, as I have been buying shares since .0069. Only a matter of time til we get some pr's.
Very surprised by the lack of volume/interest at the moment. Either the market is doing a good job of keeping this quiet, or people are completely asleep at the wheel. Soon as we get the official pr, we should definitely be trading much higher!
Did anyone watch the opening on L2? It was basically almost .0179/.018 after the first couple minutes, and then ASCM and OTCX took over and dropped the BID down to .015. Definitely think this is being held back, and without an official pr, most people have no clue yet what's going on. Volume should be way higher imo.
The usual suspects are out early on this one as they keep it down, ASCM & OTCX, on extremely low volume. News is not really out and so it's very early on. I expect it to go much higher in the coming days and weeks.
It's Monday morning, don't worry, this will be a huge gap up before the bell
Still only showing .012/.0135 at the moment
FiveT Capital AG owns almost 2.8 million shares of Plug Power Inc, and bought those shares back in 2017 for like 3 million. Plug Power Inc is worth over $12 a share this morning!
Yep, my hat goes off to HORST and his amazing DD that he provided to everyone here on this board!
This should fly past .02 today, since it almost reached that level a couple weeks ago, just in anticipation of the news. Many people dumped or bailed and will immediately get back in, the chase should be fun to watch!
Now time to dig in to FiveT Capital AG!!
HUGE NEWS, this is going to skyrocket!!!!
Huge retrace here which was expected without any further news or updates. Need another full week next week to see where this one shakes out and if support finally sets in, if we don't get any further news of course before then. Many of these types of runners all retraced around 50-75% before heading back up again, so we'll see what happens.
Gotcha. Can't think of a OTC stock right now that has so many catalysts coming up, and has basically bottomed out from the high of .06, and maintained this price range for 6 weeks now. October should be a lot of fun.
Ok I was wondering about that myself, if that would be the case, I guess that makes sense. So the OTC application is pending approval based on that.
The OTC application approval has to be any day now literally. Depending on the type of application they applied for, I think the max would be like 8 weeks. But generally speaking 4-5 weeks.
Let's see how far they take it down, absolutely insane pressure on the BID the past 2 days.
Relentless BID support here!
Yeah I think you may have next week to load here in the .02's, after that we should be heading a lot higher with all the news that will be coming.
ASCM trying to control this thing but volume right now just too strong
I'm very bullish obviously here as most are, but nothing will happen until we get approved by the OTC and a new ticker symbol. That will pave the way for a flurry of updates from the company. But I think we did bounce off the 50 dma average, and we have moved up a bit just based on some technical and the other part is we are approaching October.
The way this has traded the past 2 days is absolutely beautiful and textbook for a massive runner!
ASCM and OTCX are staying out of the way, that should tell you something if you understand those 2 mm.
Yep I agree. I think we see the same thing we've seen the last few days, massive bids coming in at the end of the day.
Going to be a very interesting/exciting close today imo.
Yep, when rumor is almost fact, I don't see this one going down in price until at least news hits, so better we have another day tomorrow imo of course.