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With 65% return rate, you should be on a radar of every hedge fund and financial institution and yet you are on iHub preaching to to others with same return rate. Please make sure they check you room to make sure the walls and floor are padded nicely. Anyway time for your bedtime investor genius.
I Read the whole thing. Something you should do. Revenues went up but gross income went down. Stop rereading the same line.
So what's so special here?
What page?
Yep, about that. If volume does not exceed yesterday, this will be the lowest volume day in the last 5 days. So it might look nice and pretty but it really isn't. Also, since today's news did not produce the needed catalyst for the upside, tomorrow will be sideways to down side many trades will be leaving this lala land.
That's my point. They don't care about the price, they are looking for number of orders. Commission is collected when you sell or buy. Beautiful business model.
Why wouldn't they? They get paid either way. All they need is volume. They don't give two sh@ts where price goes.
Man, that .05 wall is just too high and strong. Maybe Trump should use same materials to build USA / Mexico wall?
Yes about that, maybe you should call CEO. He is probably not aware of the stock price and should write formal complaint SEC.
Reality will start sinking in once we it goes below yesterday's low. Let them cheer for now. This stock barely moved after the news. Those who have some clue dumped in high 4s.
Really? You think they are still asleep? Wow
At this point some are already down almost 20% from morning high. But I guess that's the only way to learn.
Right there with you. By that time board will lose 90% of crazy cheerleaders and we can get back to basics.
Agree, so why compare to totally unrelated stock?
If you compare OWCP to ICLD, you really should not say anything at all. Have you done research into OWCP, know their float, their patents, their drug? Or are you just saying if they could go to 3.00 why can't we?
Stop posting facts. Who wants to hear real facts in this LaLa Land?
You right. More like 1:25 for this RS to be effective and get price over 1.00
Agree. But many will give you a finger for speaking the truth
It will open where bid is closest to the ask. That's how things work. No point in guessing.
Nothing surprising here. Spread widens during AH for all the stocks. And no, there was no AH activity just MMs settling earlier trades from yesterday. Have you really never seen this before?
Never, it's going to be next Google. It's already listed on Nasdaq and tomorrow Apple will buy it for billions per share.
Thumps up. Still laughing
And now you will get nasty replies from them. Let them go to sleep and have their pleasant dreams of how it's trading at .07 cents AH because this nightmare will resume at 9:30 am EST below .04
Thanks
Yep, that's correct
And how does .25 help to get listed on Nasdaq? Needs to be above 1.00. there is always 25:1 split
I guess numbers of posts make you a iHub star.
When will the lesson begin?
Because you are such an export?
How is that 230k buy working out for you?
No CC today and R/S looming, why would smart money be coming in? All I see here are hopes and prayers without any concrete facts. Anyway GLTY
So you are saying we will have 0 volume since no one will buy today since no one is selling. Do you even think before you type?
Trying to get back in? Is there a line like at the deli counter?
Why do you think price went up?
Why a need to talk about it?
Old news
Just the obvious. Since you have been doing this for a while, you should really know the answer to this.
Yesterday was the highest volume day in history of the stock. 272 million shares. There days prior to that while stock was going up, total volume for all three days was about 270 million.
So next time you try to post "facts", try to verify them first.
Market capitalization (market cap) is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.
Obviously the writer did not do well in math.
How do you just say that the company has 4 million market cap with 487 million shares outstanding and price of .05 to .06 per share?
At this point, whole credibility of this so called "Great New Article" goes to waste.
How were they sucked out of their shares if it's going to close on the low of the day? They were the smart ones
Do you have any press releases from 1972 why stop at 2015?
What???
7 Sure Signs That You Should Not Be Playing The Stock Market (at least not the Penny Markets anyway) big smile
1. You Believe That The Share Price of Your Penny Stock Is Down Because of Shorting
No, no, no! Impossible! We'll say it again. It is impossible for a significant short position to exist in any penny stock. Anybody who tells you otherwise is conning you. Any tout who tells you that his "pick" went down because of shorting is a liar. There is only one reason for a penny stock to go down in price. And that is because sellers (mostly insiders) are flooding the market with stock.
2. You Believe That There Is Such A Thing As A "Paid Basher"
The fact of the matter is that most penny stocks are scams. The regulators have made it far too easy for con artists to infiltrate the stock market with ridiculous schemes, most of which are designed to dump worthless stock onto an unsuspecting public. In order for these cons to get you to buy their stock, their company has to be "talked up" and that is through paid promoters who have developed email or snail mail lists by advertising their own feigned success in the penny markets. Some of these promoters are so good at conning their audience, they even convince subscribers to pay for their membership. Most, but not all, will specify some sort of compensation for their promotion, as required by law.
When a penny stock goes down, touts and company insiders will often invoke the idea of shorting as the cause. As discussed previously, shorting penny stocks is so prohibitive, that it never causes the demise of the price of a penny stock. Still, people will try and convince you that anybody speaking negatively about the prospects of a penny stock is a "paid basher" out to aid the shorts. As there is no upside to paying somebody to speak negatively about a penny stock, paid bashers are a fairy tale. Same goes for these fantasy so-called "short and distort" schemes. If you believe that the share price of a penny stock can go down because of a paid basher, GET OUT OF THE MARKET NOW!
3. You Think That A Stock Can Have More Buyers Than Sellers or Vice Versa
Every trade requires a buy and a seller. Period. There is no such thing as more buys than sells or more sells than buys. Think of a stock as a car. If you are looking to buy, you know how much you are willing to spend. Same with a stock. You make a bid and if the seller is willing to sell it to you at that price, then you have a deal. But there is still a buyer and a seller. Same if you are selling a car. You know what price you want and if the buyer meets your price, then you have a deal. Once again, you still have a seller and a buyer. It takes two to tango and two to complete a transaction. A stock, like a car, boat or house is only worth what somebody will pay for it.
4. You Think That Penny Stocks Can Be Charted
The concept of relying on charts to determine when a penny stock should be bought and sold is one of the most ridiculous theories out there. Chartology is unreliable at the best of times even with legitimate stocks. Penny stocks are at most times manipulated and Bolinger Bands or Candlestick analysis cannot ever be relied on to indicate buy or sell signals. In fact, applying these theories or others like them, is guaranteed to give you a wrong answer every time. Even those that devised these analytical techniques will tell you that they cannot apply to penny stocks. Once a promotion of a penny stock ends, there is no logic as to where it will trade, except that it will trade lower.
5. You Believe That If The Company Makes A Statement, It Is Guaranteed to Be Truthful
There is still the perception out there that regulators like the SEC check out every statement a company make for legitimacy. Or that the regulators will catch and prosecute a stock schemer every time. Not even close to true. Most securities fraud artists, especially in the penny markets, get away scot-free. Even those that are eventually prosecuted, can spend years spinning their cons before they are stopped.
A press release or SEC filing issued by a company involved in a pump and dump scheme rarely speaks the absolute truth, if at all. At a minimum, the truth is distorted with a positive bent to make the announcement seem better than it is. Many are just outright fabrications. It bears repeating, that you should look for the caveats in announcements, which will eventually lead to an easy out for the announcer. For example, financing of up to x dollars. An option to acquire... Will buy back up to x dollars of stock from time to time at the discretion of the Board of Directors. Our favorite term is "best efforts".
6. You Believe That Paying A Tout For Penny Stock Picks Makes the Pick More Legitimate
It is unfathomable that some touts garner fees from their subscribers. These are promoters getting paid from both sides. Almost always, they are promoting the same stock that the "free" touts are promoting.
7. You Believe That Trading In Penny Stocks Is Indicative of The Major Markets
We laugh when we hear someone claim that their penny stock was down because the DOW was also down on the day. How preposterous. Except perhaps in the event of a horrendous day on the major markets (like a crash), when everyone is jittery, penny stocks are absolutely not indicative of the major markets. Most penny stocks go up because of independent promotions and most go to down when the promotion ends or insider selling weighs on the share price. The performance of the DOW or any other major index generally has no relevance to the performance of penny stocks.