Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Your loss. Makes no difference to me. The gain in 30 minutes is already greater than the loss I took on GRNH (and MUCH greater than the gain I would have made here). Instead of reading my messages, why not read the DD? Again, you losing money has zero impact on my life. Good luck to you!
DAMMIT I hate second guessing myself. Just lost 50k shares by raising my buy level. Idiot.....
20 million in half an hour. Who the hell sells??!! Must be illegal naked shorting.
Wait til that stop sign comes down..... Keep in mind many people CAN'T buy yet. This is headed higher.
Volume is pouring in nicely. Big money yet to enter.
In at 4. This thing could move RAPIDLY to 5. Could've gotten lower but, the extra few tenths weren't worth the risk.
Moved hook to 04. Probably too high, but it's too risky.
Hook is set at 335. Here fishy fishy
Buy on the early pullback. It very well may be the only chance you get today.
I expect to see a re-release of the news to the market wires this morning and no later than tomorrow. Get ready for the BIG move...
Looks like a gap. But we don't want a huge gap up. Stability with steady, massive volume would be very nice to see.
Had to get out at the end to free up funds for DOL$. THAT sucker is on FIRE and headed to dollars. Good luck to you guys. I have to put my money where it will multiply as quickly as possible and I see it doing in a couple hours there what it would take weeks or months to do here. I may be back here soon.
Pesos also use a $ sign. Many currencies do. Of course, Chinese don't. Cents could have been a translation error. When it comes to legal documents, these details matter when it comes to printed documents. Now we know.
It's a moot point now. Other than that, the Chinese currency is about 7:1 USD. Which makes these shares THAT MUCH MORE valuable to Chinese employees.
When they sell, there will be some rich Chinese people as this will be WELL into the multi-dollar range by then. Although I don't know how Communism treats such sudden wealth. Nor, honestly, do I much care.
Directly from Richard - currency is US dollars
Now we need not assume.
It doesn't say that. Sorry. Try going to another country and paying their menu prices with YOU'RE American rate....
But we'll get an answer soon.
I will. But IF someone here DID have that answer, I'm not going to be another duchebag contacting him. He's busy and he's had enough douchebags doing that already. Thus the question: A) to find out if someone had already asked him and knew and B) to make you think of it as well....
Legally, another assumption....
The shell is listed on an American stock exchange. The company is Chinese. The employees are Chinese. The product is Chinese. The owner is Chinese. The capital used to do the deal is Chinese.
Not being the usual dickhead here. Just making sure we got that part of the thought process covered is all.
That's an assumption.... It's the same assumption I make, but we get into trouble by assuming....
Being a legal deal, I would ASSUME that the lawyers would have known to include that detail?
OK, so here's something no one has conjectured:
The press release says employees will get shares valued at .10.
Is that American or Chinese?
If American, then .10USD = .69CNY
Alternatively, .10CNY = .014USD
Or does it matter?
I think it does, in that, IF we are talking about .10USD then wouldn't this make the stock more expensive - further limiting the number in the pool of Chinese investors? IF it's .10CNY, then are we overvalued at .03USD?
In advance, forgive my stupidity. It's a foreign company with foreign employees and I see no stipulations about what currency is being used.
And THAT'S EXACTLY why we are saying it's going to a dime or better... and SOON. I'm honestly surprised it didn't go there today.
That's true, but I would guess that those who do are probably pretty wealthy individuals. And seeing as how it's a Chinese billionaire in control and there are billions of dollars worth orders ready to be filled in an emerging market.... I'm willing to bet that those wealthy Chinese businessmen are not going to be shy about laying their money on the table.
Better question - where do those shares come from?
The price doesn't matter so much as the volume, I think. I'd rather see 300 million shares trade sideways at .05 than see a spike to .15 on 90 million.
I guess 4 is unlucky unless there's a "Billion" attached to it?
30 days above a penny and we can uplist out of the pinks. That will open doors to a new set of buyers.
You forgot to write "is going away soon"
You made good trades and profit is profit. Stick with the strategy that works for you. You'll have an opportunity to it again tomorrow. I think you're leaving money on the table, but, as a trader, you can't be dissatisfied with those numbers for today.
I agree it's meaningless. I'm saying it's already positioned for a gap up. Any of your OTHER stocks have a bid higher than the last traded price? Let's wait and see what happens tomorrow. My prediction is it gaps up by a minimum of what it shows now and probably higher.
Look right above the message section where the messages are stickied to the top.... THAT'S your DD.
READ IT YOURSELF.
Correct, but look at the bid. They moved it up OVER the last traded price the very second the market closed. Normally, the bid would move down below the last trade. This is already set to gap up in the morning.
Look at KBIO in November 2015..... Trading at 1.20. Gaps up to $10 on rumor. Shorters fade the gap. Obviously that size gap is WAY too good to be true. Then it's confirmed, Shkrelli is involved, and excitement kicks in and BAM up to $40. On nothing more than hype and excitement. Shorts get called. They open GoFundMe accounts. Then it gets halted and Shkrelli goes to jail.
But look at that phenomenal climb from $1.20 to $40+. On NOTHING.
THAT'S what could happen here. The only difference is - we got actual news from a HUGE company that is doing business in the clean energy field and has contracts. This is WAYYYYYYYYY more exciting than KBIO.
Honestly, play the psychology right, and this stock could make some of us BILLIONAIRES. That's no exaggeration....
If the excitement level stays at fever pitch, I see this at .25 by mid week next week. And CERTAINLY when they file paperwork to get that stop sign removed. Never underestimate greed and excitement and the fear of losing out. On that ALONE, this thing could spike to $10 or higher. The crash is just as big, but everyone at this level stands to become very wealthy, very fast.
For some it is a scratch ticket. They settled for the $10,000 ticket. The rest of us are holding for the Powerball.
Moves QUICK!! Float must be super TIGHT!!!! 18's are right around the corner!!!
a 200 - 300 million volume day tomorrow would be WONDERFUL
Nothin' from nothin', but if it's a dollar play and no joke and they're free shares anyway then why not set your first sell at a dollar? Why rip yourself off by half a million dollars. Just sayin'.
Dude, THAT'S a given just on fundamentals of the news release today. Just wait until the excitement and irrational exuberance go into ultra hyperdrive......
I'm guessing not many of us will be sleeping tonight.
Just gave each of my junior high girls $1000 and told them they could invest it. Guess what they are putting it in.... Smart kids.