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Just about at 50 dma and the spike down low set about 1 month ago. Great point to start accumulating at this double support level imo.
News story on UTRM stock at PNTV.
Very professional, excellent content, informative!
3 MMs bidding roughly 10M total at 58.
They appeased someone who picked up 12 million shares but quick.
NITE bidding 12M.
Excellent, professional, informative and current!
https://m.facebook.com/potnetwork420?id=275435545944909&_rdr
9m bid at 67!
2.7m passed at 68.
Homer, SO true. Phase 1 is actually pretty good! I think it was a snowball effect today, flippers getting out from Thursday's run-up when they saw it was peaked, then stop losses took us to the mid 70's where it held fairly well. Some longer term holders exited, then in the last 1/2 hour someone mentioned a big seller started dumping roughly 10m shares across a variety of prices. My thoughts are this will find hopefully decent support, build a base and move on future news from the company.
I'm not sure it would be a small run. Remember the audience right now watching UTRM is small IMO.If this launch and subsequent press releases are attention grabbing, 10-100-1000 times more people that currently even know UTRM exists will be alerted that they do. The website but more importantly the way this new 'network' operates, will really be the pps driver IMO. Each time something is coming, this board gets excited and rightfully so, but it is a small community of shareholders. This is my take. If the intro video is any indication, I think we'll be fine. I'm hopeful as they mature, they will start under promising and over delivering.
A week back on FB they mentioned we'd have a PR 'tomorrow' and we got one. Yesterday mentioned beta testing on PN.tv and they are, so there is a delay in a letter to shareholders which IMHO will be nice to hear news. It's something we're looking fwd to just because it was mentioned, but we UTRM longs are a patient bunch. It must be quite hectic right now, but to under promise would be a better route right now in order to keep people's jets cool.
Rip, it was mentioned in their Facebook post on April 8th: "We are alive and well and completely swamped getting ready for the launch. We are planning a press release for tomorrow. To all our shareholders we are putting together a letter that will be ready the first part of next week. We are all looking forward to an amazing year of crops and looking forward to a brighter greener future! If you need to contact us directly please email Jodi she will be more than happy to address your questions or concerns you can email her at: jodi@asaustincompany.com."
Then yesterday they mentioned it would be out yesterday or at the latest today.
Looking forward to next week CB!
Copper, *** 6 *** trading days ago (includes today) we got the following which was an informative PR which people need to reread:
LOS ANGELES, CA--(Marketwired - Mar 31, 2014) - United Treatment Centers Inc. (OTC Pink: UTRM) (PINKSHEETS: UTRM)
We are extremely excited with the strides that "Potnetwork420" has made recently and we are working hard to create a company that will make all of our shareholders proud. Due to the number of new projects and revenue creating deals we have entered into the website is not quite ready for launch on schedule.
We did beta testing with our product line and are making some adjustments with development and programming. We have decided to re-schedule the launch in order to include additional applications and revenue channels currently under negotiation. We will not put out an inferior product as we have seen in recent months how that doesn't work.
It is a day to day situation and we will launch as soon as the site completes phase 1, which will be in the very near future. Thank you for your patience.
Chris Seminatore, CEO -- United Treatment Centers, Inc.
=======================================================
Great post Roller - thanks for your DD! Agree 100% with why we're sticking around for a while:)
7 million bidding at $0.69.
Remember this on March 23rd: "Something tells me this is a decoy site. the site they will be launching on Thursday will be way more robust then the one we see here. Can't wait."
That was 12 days ago. Delays happen and in this case according to the company, for very good reasons. Patience is a virtue. It took them almost two months to confirm the 3 Billion share reduction from when it was first mentioned by the company. People on here were impatient, when is this happening?, when will the make a press release?....then we got it and the stock moved from the 20's to 140's in days. This is not just a website, it will also be a network. *** 12 Days *** Relax, it's a small up and coming company which is having some growing pains which will be healing very soon IMHO.
On a similar note, 'everyone' knew that 3 billion shares were going to be retired. The stock was under .003. I was buying in the 20's, sometimes the only trade in an hour's period. Then the retirement was confirmed, and it moved to over $0.0140. How did that happen? Wasn't it priced in?????
Bored momentum players selling. If you bought shares just because you heard they retired 3 billion shares and rode that wave, you may sell due to boredom now. So, So, SOOOO many people have no idea about PotNetwork420. When the site and broadcasts are fully up and running, IMHO, many investors will have a strong reason to buy in. At this exact moment, there is no immediate reason until news hits. So, the slow sell off. Makes sense. But so many people today can't see past a month or even 1 day for that matter. Lastly, it is so hard to sell when it jumps because the longer term holder knows it's going to move higher. All in my humble opinion. Buy and hold, unless you're bored!
How many times have you looked back at a stock with much promise, which you got impatient with, only to see the move you expected, has happened??? I can't tell u how often I've thought, wow, if I held for 2-3 months, I'd have X, BUT, I read too many negative posts and just got out. I believe this is a tremendous opportunity for the patient!
Light volume down, much higher volume on the up days. Plus, it appears that a lot of people who know have shares and MANY still don't know about this co. MMs seemed to be positioning today as well IMO. If Chris provides all shareholders with exciting information, we move higher. Light volume consolidation is what we saw on a bad day for the market overall.
NITE: 1.6mm @ $1.17 on the bid. Will try get them?
Even if shares are tightly held by an individual, it still resides in the public float.
When Elon Musk announced that Tesla was going to have their 1st profitable qtr 1 year ago, the stock jumped from the 30's to low 50's. Then a few weeks later this baked in news came out, and the stock flew to the 70's and beyond thru that qtr. Until big news is confirmed, it's just pending.
Here's the update for o/s: http://www.otcmarkets.com/stock/UTRM/company-info