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Going to average down when we find some support.
The bleeding continues...
Patiently waiting for the Q to drop.
By patiently waiting, I mean hitting refresh on my browser every 5 seconds. That yield sign on otcmarkets can piss off.
They did just PR a $1M contract a week and a half ago. They also put out a PR a few weeks prior regarding unaudited Q2 sales numbers. If you thought this was a tick flipper when you bought, youre right, its not a good stock for you. If you are fine holding 6+ months, this is a great place to be.
I cant speak to others but I have one close friend who matched my position and posts here regularly (not going to doxx him). A few others from a research group are waiting for confirmation the note cleared and will be buying. Most longs here loaded in May and have held through many flippers and runs that were previously capped by conversions. I, personally, have also slapped many times and averaged up.
Im convinced this will run because notes are done (toxic debt free), it will show profitability this year (likely this Q), they have expansion plans in motion, and its a growth industry. I see a huge potential upside here, more so than almost any of the other shyte on the otc current.
Okay, lets try this a different way...What aspects of ABCE give you the reason to have such a negative outlook on the company?
I've been loaded up for quite a while, nothing left to slap with.
Hoping for a premarket release now. Afterhours always gets lost in the shuffle. Especially with MJ stocks heating up right now.
Another perfect example of no DD being done on this ticker. They have filled the NT 10Q the last four quarters with the 10Q dropping the following monday. Same pattern, it will be out today IMO.
I agree it makes no sense, but i dont see how this could be from shorts.
Wondering which long bombed out this morning. Slaughter out there today.
People have been selling every release recently. For all the nasdaq talk, I wouldn't expect to be seeing longs selling. Not all this volume can be from shorts though IMO. Didn't expect to see this large of a dip waiting on first acquisition, and it does have me a bit worried to be honest.
I actually averaged up a few times recently expecting the deal to be finalized. I know its close, but I can understand peoples impatience. Especially those that bought above .10.
Come on George. Getting tired of seeing red here everyday. Finalize the acquisition and lets get moving back in the right direction.
Haha agreed, but baby steps. Have to learn to crawl before you can walk.
Hoping for it to be released today. Profitability would be huge, but I think the most important factor is note balance (or lack thereof). If Q confirms that L2Capital note is done (which for all intents and purposes to appears to be, which IR also confirmed) we should see a lot of new buyers.
Im curious how many of the "shorts" are just longs taking profit from missing the .15+ spike. Its a smart move, not hating on it at all, but this push that any seller is a short seems disingenuous. Just IMO, ready for the next leg.
Bankroll management is critical. Hope things turn around for you and welcome to ABCE if you join the fun!
Hoping it gets here soon, that 2 month isn't looking so good.
So the complaint is someone wants to pay as little as possible for their shares?
Been pounding the table in a few groups, but looks like its falling on deaf ears. Cant wait for my "i told you so" moment next week!
Thanks for posting this. ABCE has positioned themselves well in a growing market, only a matter of time. Party starts monday at the latest.
Weak hands are getting ridiculous. Getting sick of trading the same damn channel over and over. Almost wish i was flipping this, id have made a killing by now.
It will be out monday. Next few days are a gift to those who are still trying to load.
Have you called IR? Do you have anything concrete to provide that demonstrates the information provided to us by IR is incorrect?
Just looked through the dates of past releases. Fairly confident in my opinion that 10Q will be out monday.
For the new people, and anyone concerned really. These large block sells into the bid are still likely from the last conversion of L2Cap note. Fully converted =/= sold into market. By my math, they still have a decent block of shares (~10-12M), but nothing that should really be a concern here. I was expecting them to hold the rest of their shares, but it looks like they are content with selling low 30s/high 20s (their conversion price for this last tranche was ~0.001 so they are making a nice profit either way). The more they sell now, just fewer for them to sell when the Q hits.
This is not new dilution, its the last remaining shares of the L2Cap note. No need to worry, its actually a great buying opportunity IMHO.
Do your own DD though, and you will likely share mine, and the rest of the longs, enthusiasm for ABCE.
Can't believe someone was getting 29s today. Only about 100k filled, but still amazing. Someones going to be very upset next week.
Edit: Just saw 2.5M got filled at 29 earlier. Well done whoever was able to snag that block!
Have to love the 10k share bidwhacks. Someone is desperately trying to get filled without having to slap. Thats a great sign!
Either your ask or their bid were AON orders, most likely.
Good sign that some people are trying to load before the Q release. Doubt they will fill what they want without hitting the ask though!
My guess is the info will be included in Q2. Or maybe timed to release same day as Q2
Last ditch effort by shorts?
40/42 have been strong resistance as of late. Will likely see some selling there, because some flippers loaded high teens/low 20s, but should be much easier to break this time around. I think Q gets us off and running again, never to return to these levels.
Still a solid start to the week. Just shows what can happen with more eyes on here.
I think the deadline is the 15th, if my memory serves. Not 100% sure though, Stocktrekker will probably have better info on this topic.
On BOB, with a very solid Q2 about to drop. Its going to be a fun week.
Yup, next week will be great. Seller will regret that once Q drops along with everything else thats expected. Well done whoever was able to snag those!
Consolidating nicely here with absolutely no downward pressure. Hold 30s today and next week Q2 will have us moving toward 52W highs.
Like S.T. said, if that is the biggest problem with this company, we are golden
I think a lot of people are still waiting on the sidelines until that 8k comes down. Not sure why, they will end up chasing even higher once it does. Anyone can call IR and confirm the info.