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.
i was just lookin' around..
can i ask you a serious question, not meaning to pile on, but why did you hold through a reverse split? again, i'm not messing with you, just wanting to understand the thought process...
i have been trading pennies since 1994, and have probably seen 10,000 reverse splits and maybe 3 of them that actually held value or went up..
the odds are 99.99% you lose after a r/s..
sorry about the whole experience : (
ot: u see RCGR lol love how stocks that are already actually mining are red today on otc, but RCGR a cigar shop mentions they'll mine and up 2,700% lol
crazy town..
nj sweet..etrade never fills me on bottom if i don't get in before the arca cover jumps bid way over ask..
wanted huge pull sub 2k didn't even try that last bounce oops...come on give us something good
i believe it was part of the dilution..still just thinking there's a bit more to go..
will just keep adding any dips..and pray ha
yes i gotta avoid "nibbling" early lol..early means 150 pts lower it bounces
i have been thinking he still needed a few 20-30 mil share days to finish up...
but so far i have been buying some on the dips simply because whether he's about done or not, he seems to be letting the chart form, and maybe has decided to release slowly on way up...
if he shows up and starts unloading i'll be happy to add big...
gulp lol
doesn't matter about otc, just this stock..and yes, he's all that matters if you have watched L2 since the r/s..he was the one contracted to sell the converted shares..
he's being much more gentle now..
well, (from the sidelines) i was hoping for higher volume today... on the other hand, maxm backed off much of the day, it seemed like to let the chart build..there was also a hidden nite buyer who was showing 10k bid but loading all day...so who knows, would love to get an updated o/s tomorrow.. i wanted a few more 20-30 mil share days before thinking end of dilution-but today's action seemed bullish...we'll see what tomorrow brings...
yup, and in your gbsn example the next day it bounced huge...like always, it's all about timing..
don't think any of that matters..just needs to sell shares and get the financiers their money back..
imo outside of some substantial news for better or worse, and even with great news, it's really all about supply and demand, and right now there's more supply than demand...when that changes - and we're all trying to guess that timeline - then that should flip to huge demand and not much supply..gl
but still not an exact science..even w/ vwap
i wasn't watching it on L2 when it went from $1 to $2.5 or whatever that day..did maxm sell anything or take the day off to give a relief rally?
oh well..just keep the $ volume churning...
i'm thinking closer to $2.5 mil but totally a guess..u might be right
hope 2-3 more days of this and we ready for maxm to leave the box for good hopefully..
catchers mit on again...
hoping a few more churn days $1-2 mil daily volume and we get the real bounce and he long gone..
anyone seen synapze? lol
maxm obviously has huge to dump..but $2.2 mil volume today really gonna help that..he let it have a relief rally then sells into it, but better that then down to .01 on $700k volume a day..
if she does go .03-.05 again i'm going in bigly (already have big core position from today) and will hope he's close to being done for good at that point..
g/l
nope would just leave ask sometimes..
filled under bid .0665 out those .071 lol...just scalping like madman and holding care and hopefully don't get killed on those ha
tough call..i'm holding cause good average but will buy huge on bigger pull tomorrow i think...eventually the real bounce hopefully..ha
ya still think he has $2-3 mil left to dump based on numbers..so this was the relief rally to dump into..then sell back down then hopefully bigger bounce..bwdik
lol, been all over the place with it..wanted 1-2 mil .03's and just wimped..finally chased bought .039 sold .055, bought back .048's sold some, added .055
now have decent size .055 and just scalping it on the side..
trying to keep some jic she gets nuts for a couple days..
to this point he has been the market maker who seems to have been contracted to sell shares of the converted note..
feels like maxm did the math and realized tanking it -30% a day he'd not have enough shares to sell at .01 in a couple days..so he got smart and let's it bounce some then sell into it..
hoping $ volume is 1-2 mil for a few days then he gone and monster bounce..
all imho
dpw beat me up good..tried to bounce it and mostly was ugly..
and dcth update - getting closer ha..
i might start nibbling soon myself..i mean would prefer to wait for confirmation, but if volume gets high enough might nibble small .03's, and if i'm adding .02's .01's so be it lol but not the best way to play it..but thinking a 300-1,000% bounce at some point...but so far it's paying to just wait and let maxm keep unloading...still can't see how the full debt is converted and sold..need a few more days, preferable $1mil volume daily..
ya still watching close from sidelines...would like a few more days of 20-40 mil shares traded, and then start watching for signs of finishing up dilution, and the monster bounce..imho
was in 1400 55.2 and decided to not add anymore..was scared of halt ha..and options were no good..
out most 57-58 i suck..
osis - in some 55's average..scary..
amazing what a short report can do..
lol amazing..
plenty of room in a/s for shares needed to finish the job looks like..
In addition, shareholders of the Company also approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 170,000,000 to 500,000,000. The previously discussed reverse stock split had no impact on the increase in authorized shares.
yup good estimate on o/s total...tough to estimate the amount paid off, but some solid 20-30 mil share days would do wonders...getting closer..
sure would be nice to know since we can't seem to get it from the TA..need another 8k update from company, soon hopefully..
$ volume good daily..gotta be making a nice dent
still on sidelines except the occasional quick flip when MAXM takes a coffee break..
edit: $300 bounce lol
man, was underwater all accounts, started in too soon, except my ira 1352 average but all accounts got ok..nothing like a 200+ bounce to help ha
gbtc 400 pt pull from hod, no biggy ha..
acting strange so far today, sold out 1,688...will look to get back in lower..shorts thru arca control this thing..drop ask $10 lower than bid and reverse when they cover on bottom..makes it hard to fill..
got partial fill 1,664
gbtc was just starting to fade...now 165pt pull from highs w/ bitcoin at highs..like totally unrelated for the time being..weird