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IDLM filing 12G and obtaining MM sponsor
http://finance.yahoo.com/news/idle-media-announces-temporary-cessation-200100606.html
Mr Bid and Mr Ask are getting a little bored. Started moving things around a little to liven things up. Not much of a market down here. The important thing to note is that there was only 5K showing between where we are and 25 cents. As they say in the Shawshank Redemption, we can get busy living or get busy dying. What do you say?
That's the million dollar question. I think the financials were done quite a while ago, and it's just a matter of finishing the audit.
20s are coming. When financials are released, get ready to double or triple. Insiders will be able to buy then - and of course I'm referring to insiders other than Marcus, because he has plenty.
Or...perhaps is was just a ploy by a very large buyer who hoped to get other people dumping. Either way, dollar signs are ahead. I'm not selling.
Apparently someone woke up who doesn't understand the company and realized they could sell shares for a higher price than they could for the last 6 months. Good riddance.
Datpiff growth is accelerating. I looked for whoever mentioned that a few days ago and couldn't find it. FB fans are now up to 457,040. We've got some extremely healthy revenue growth with all those ads and it doesn't even count Hiphopearly.com or clipcartel.com or the games. It's only a matter of time before a big fish picks this stock up.
Barchart.com likes IDLM a lot...
http://barchart.com/opinions/stocks/IDLM
That sounds like quite the party. I thik we should attend.
I own 7.3% of that IDLM float as a LT investment, and I'm not selling below $1. Social Media! This stock will be at $2 within a year.
There certainly doesn't appear to be anyone interested in selling below .179, but you never can tell what patience will scrounge up.
It's got a long way to go. Multiply the current price by 6, and I believe it puts it in a reasonable range...but I haven't even seen the financials from the last 15 months, and I know the company has been growing at a rapid rate.
Absurdly cheap is right! I really like how it's been increasing so far. That .25 ask could have easily shown up yesterday (it did for a second), but I like the controlled increase with the gradually increasing 5K asks. I believe a steady increase of 10-20% per day over the period of a week will draw more new buyers than a quick 100% gain.
I think that may be a bit too optimistic, but we will be able to see how many ad views come from the big Datpiff mixtape release
42% in two days. I'll take that.
On second thought, I think someone just sold at .14 so they could hit the ask. LOL
I think the bidder didn't like your advice and sold to themselves to make it appear that people are still willing to sell down there.
How about 151K?
Need 5K on .18 to clean up what was left over from that .165 ask.
I was wondering the same thing Wadi. Time will tell. We just need to wait for the buyer that's willing to push the price up, and we'll see.
The .18 ask is the IDLM 7 month high
Time to move those bids up to .15 at least...
I see someone flashed a bid of 90,000 shares trying to say, "If you come down, I'll buy these shares from you". But I don't see anyone interested...It appears that holders want much more. And why not? Who wouldn't hold out for 50 cents or $1 or $1.50 if they could get it within 90 days, 6 months or 1 year?
We've been here a long time watching the company grow and grow without financials being published. I emphasize this not as a complaint, but because I know how to value a company. When I bought the vast majority of my shares, the share price was significantly higher - and still well below the valuation. I haven't had the opportunity to update my valuation with the last 15 months of financials. Can't wait to see how much it should be worth now...
LOL...nice grab!
Maybe you'll just get your wish and a 6 month high price.
Yes, that happens. But no one has hit the ask at .16 or .165 since 9:32, so it's not happening today.
I think that's backwards. If someone loaded up cheap, they would be unloading on the ask, not 5K at a time on the bid.
It's game playing trying to frustrate people into selling until someone starts pushing the ask up. It really doesn't matter. We're not going up further until someone buys at the ask again.
Agreed. We just have no one buying at the ask. The last time someone hit .16 was at 9:32.
Buyers think they have time. History would say that they do, but there's no way to be sure.
We're above the 5, 20, 50, and 100 day moving averages right now, and the ask is above the 200 day moving average. Of course, these are not difficult achievements considering how the stock has traded over the past year.
I love what it's doing today. Guess it's just a matter of perspective.
Ah yes, but you're not a new buyer. A new buyer is afraid of knocking the top off this thing.
The ask right now is a 5 month high. I can understand why anyone who is accumulating doesn't want to touch it.
251K shares traded in March prior to today. We're about to do that in one morning.
Nice pickup. The trading is great so far. Nice to see life again. Hope we keep this type of activity until the financials come out, and when that happens, well, we will see life like we've never seen it before.
And someone who does understand investing just bought 65K.
I should clarify, that someone was not me.
Nice volume for the first 10 minutes. It's been a long time since we've seen some life in this thing. Lots more to come.
I'll be happy just to be above .15 again and to have shares trading. It's been a long wait, and once again, no bad surprises. This company delivers on what people expect even if it does take a little longer than people would like. Don't count out a quick ascent though. I'm in for the long run as well. Let's see what we get this week.
IDLM - Idle Media = Social Media with positive cashflow and no dilution. That about sums it up.