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thanks teekay
sweet!
would be nice to have an update from the company.
Hope we're nearing the end of dilution.
The promisary note was for 107,000. That could add another 60 million shares at this rate. Still would have pretty low o/s of about 100mil. hope they're done soon. Also hope for news. Please correct me if you think I'm wrong. I've been out of pennyland for a while.
Dilution/ How much more? 50mill? any Southridge partners note. Any idea's. Please correct me if I'm wrong or if anyone has any other ideas.
Nice buys today so far. Hit .0159 last month.
moves fast with low float
Bitcoin $1,150.
a Churnin before the Burnin. A penny sounds nice. Bitcoin is on a roll.
Thanks for your comments. No dilution here.I'm thinking the bottom is in. we'll see.
Lone Wolf, do have any thoughts on todays trading. I haven't been in Pennyland for a while, but the trading sure looks odd. Buys outpacing sells about 3:1. Huge buys at 29 and 34 above the ask and yet the price gets pulled down. Any ideas? Tia
good question, about 2/3 of the volume were huge buys at 29-34, even above the ask and yet it's made to look like there was a selloff. Odd trading. Does anyone have any explanation?
nice buy at 34 this a.m.
O/S 42 million shares can make this one run fast again.
We are holding up good here. Waiting for buying volume to return.
The bitcoin etf caused a lot of excitement for cnxs with it's low O/S. What might be the next catalyst? Does it need to be ETF approval? The currency is here to stay and atm's will be used, so I don't know why we can't move again on any other type of news. Your thoughts. Tia
looks like the stock went into hibernation here. Hopefully not for long.
Nice video. Good to know they have a product. Would like a company update.
Sorry Lone Wolf, I didn't notice you were a moderator when I posted that. Good to have you on board as I consider you a good, smart and fair guy. Let's hope the sell off is over for this one.
None of our moderators show up to post or support the stock. Nor do they delete posts from people posting about their stocks on this message board. What's up with that? Something fishy?
Market cap for this company is only 84k. Should be at 500k even for an empty shell.
bought dip today. Excited to get more of this 42 million low floater!
Someone wants shares bad. Sorry, I'm keeping mine. lol
WOW! Bitcoin back up to $1,140 and rising!! Shrugging off etf news. Hope all related stocks do the same.
The catalyst of a bitcoin ETF would have been great for the stock. The good news is that bitcoin, the currency itself is still going to be popular and is a growing entity. Two new ETF's are up for approval this year. Adventually it will happen. And these Tyson ATM's are out there. The stock might take a short term hit, but I'll be holding my shares. GLTA
Appproval is automatic if no decision is issued by March 11th. Every moment without news is that much closer to approval per Sumit Roy at ETF.com
wow, bitcoin up to way up, hit over $1,325 this am. Someone is betting on etf approval.
I like the logo on the Mike Tyson Bitcoin ATM. Easy to identify.
Coindesk has bitcoin price up 3.6% today. Market doesn't seem concerned about what happens with etf approval.
This article from seeking alpha today, implies approval coming.
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I'm Betting That The SEC Will Approve COIN
Mar. 8.17 | About: Winklevoss Bitcoin (COIN)
Michael Hooper
Long-term horizon, research analyst, dividend growth investing, large-cap
Thoughtful Investor
(662 followers)
Summary
I bought Bitcoin ahead of SEC ruling in anticipation of approval of Winklevoss Bitcoin Trust ETF.
A vague SEC document seems to imply approval.
Total Bitcoin market cap is around $20 billion.
I'm confident the U.S. Securities and Exchange Commission will approve the Winklevoss Bitcoin Trust ETF (Pending:COIN) by Monday.
The following SEC memo about a Feb. 14 meeting between SEC officials and the Winklevoss Twins implies the SEC plans for approval of the Winklevoss Bitcoin Trust ETF. The Memo was released and dated Feb. 22. There were 25 people at the meeting.
The SEC memo is from Neel Maitra, Attorney-Adviser Office of Market Supervision, Division of Trading and Markets U.S. Securities and Exchange Commission. "The discussion concerned Bats BZX Exchange, Inc.'s proposed rule change to list and trade, pursuant to BZX Rule 14.11(e)(4), shares issued by the Winklevoss Bitcoin Trust," the memo says.
On February 14, 2017, Gary Goldsholle, David Shillman, Michael E. Coe, Thomas Eady, Edward Cho, Michou Nguyen, and Neel Maitra, from the Division of Trading and Markets, and Sonia Barros, Karen Garnett, Amy Starr, Robert F. Telewicz, Jr., Coy Garrison, Cindy Oh, David Walz, Shannon Sobotka, and Rahul Patel, from the Division of Corporation Finance, met with the following individuals: Cameron Winklevoss, Chief Executive Officer, Digital Asset Services, LLC; Tyler Winklevoss, Chief Financial Officer, Digital Asset Services, LLC; Benjamin Small, Chief Operating Officer, Digital Asset Services, LLC; John DiBacco, Global Head, Equities Trading, KCG Holdings; Laura Morrison, Senior Vice President, Global Head of Exchange Traded Products, Bats Global Markets; Kyle Murray, Assistant General Counsel, Bats Global Markets; Phil Nanof, ETF Product Specialist, State Street Global Services; Eric Noll, President and Chief Executive Officer, Convergex Group, LLC; Damon Walvoord, Head of ETF Capital Markets and Global Portfolio Trading, Susquehanna International Group, LLP; Edward Baer, Ropes & Gray LLP; and David G. Tittsworth, Ropes & Gray LLP.
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Bought some more at 11:19 when volume was 2.6 million and it sure seemed to spark a lot of volume.!!
New march 8th article at www.etfdailynews.com It states that winklevoss etf decision to come before or on Friday. Says 50/50 chance of approval. Nice read. Also talks about other etf's under consideration if their bid fails.
Nice post my friend. I expect a good day here. I think the selling ended with the million share buy after hours. Probably by a basher. glta
I saw that huge buy, lets hope things are turning around.
I was a little surprised too. Bitcoin pricing looks strong. No bad news. Oh well, better luck tomorrow.
CNXS is Heavyweight contender!!!!
Seeking Alpha article gives great credibility to CNXS, mentioning it's SS and ties to Mike Tyson and stating it is one of 3 Bitcoin plays. The article has no mention of that other stock. Hmmm, I wonder why?
Now he's out of posts. 15 nonsensical posts! Oh well, at least we made the BUZZ cloud. lol. Can't wait for next week's trading. Thanks for your defense of CNXS. Will be a great week here.
nice buying spirt at around noon. Just starting to heat up here.