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.
What people are missing is that someone has been working very hard to accumulate shares on the bid... making sure they always have the high bid, so they accumulate all of the shares sold into the bid.
OTCX had been serving as a speed bump... putting a small number of shares on the Ask to keep the PPS below .06. On Friday afternoon OTCX appeared on the bid for the first time.
OTCX on the bid
I can tell you that someone has been working very hard the last few days to have the high bid, so they can accumulate any shares sold on the bid. Hitting the ask is risky, as it could cause the PPS to rise.
Well I’ve had high bid most of the last three trading days, and it’s been rare that anyone has been willing to sell me shares. And it’s been a struggle just to keep my bid the highest... So I guess we will have to disagree
Yes, that 300k block was a nice surprise
I’ve been loading up on the bid, but it’s been a battle for the high bid the last few days... someone is trying to make sure they get whatever is sold into the bid and has been happy to buy up everything at
.055+
Perhaps Bobby is just waiting on proof that Jon sold his 3M LFAP shares, then he will let this run to 1.00
Maybe Robert Tull screwed it up!
If MAXM is listening, I wouldn’t mind a shakedown right before ETF launch. It would be impossible for anyone else to do that, as it would take 100k shares or more... and anyone else that tried that would likely be in jail by the end of the day. Except for Bobby Blair. Oh, and you may want to use an Ask loading wall of at least 600k shares.
Float is locked
If someone wants to add some shares at .05 or .053, it would be just ridiculous to suggest they might post an ASK wall @ .056, right?
I have shares in several accounts myself. I wouldn’t be surprised if others did also, and were buying in some accounts and selling in others.
I’m happy to take more. They really just don’t want us getting the crazy idea to buy on the ask, because then things could get out of control...
It’s a general term. IMO very few people are selling, and one or a few traders with large positions are selling back and forth between accounts. Some days barely 100,000 shares trade...
Oh that’s right... you sold all your shares at a profit lol
Jon, I take it you didn’t know what AUM was when you posted the screenshot of 3,000,000 LFAP shares in your account with an average cost of .15?
When someone says “it’s really risky to buy this stock because a recession may hit!” they just seem desperate to scare people out of shares...
You won’t hear any whining from me
Good luck building a sizable position down here...
Yes, no excuse for those who didn’t load up before now. Shares are about to get much more expensive.
C’mon, no one wants to sell the news??
We saw this move up 30% yesterday on just a few small buys... just wait until we get a big PR. LFAP is primed to explode. It’s almost like MAXM has set this up
This moved up 30% today on hardly any volume. The float is locked. Wait until it gets some volume...
I added to my position today, and you won’t hear any whining from me
Very nice 8K. MAXM adding another $300k to their investment in LFAP. I’ll be adding to my LFAP position next week as well.
I’m sure it’s just an oversight Jon, but just a reminder that you haven’t posted screenshots of your LFAP sells (as you had promised to do).
Float is locked. Everyone is holding onto their shares. I’ll be accumulating more next week.
I’m sure it’s just an oversight Jon, but just a reminder that you haven’t posted screenshots of your LFAP sells (as you had promised to do).
Wow, you are right this is going to be a monster...
That sounds like it is pretty scary, in your mind. I suggest you sell all your LFAP shares ASAP.
Float is locked. Many of us here are accumulating.
Character
I’m sure it’s just an oversight Jon, but just a reminder that you haven’t posted screenshots of your LFAP sells (as you had promised to do).
Same one person on this board urging people to sell LFAP for the last several months... same person who told me to buy DC*D when it was $2.00 and said it “traded like a real OTC stock should” lol
I wish this would stay in the .04s longer
Loading time
LFAP is setting up to be a monster. Even before we knew the ETF would utilize first of its kind technology proven to outperform the S&P, this hit .26... and that was with no promotion. Congratulations if you are in on the ground floor!
Yes, this is so much bigger than we realized, back when we thought this would just have appeal as a way to support the LGBTQ community... Robert Tull is a legend in the industry, so when he says a new ETF is “groundbreaking,” a lot of people are going to get on board.
Don’t they say that screwing people for money is the world’s oldest profession? I agree that the fake whining has lost its effectiveness. Looking forward to the ETF launch, which is imminent!