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On what basis are you predicting the price? using a crystal ball LOL?
Has the chart consolidated now with the price drop? Are we expected to close green?
Thanks again. The reason I asked the query is purely based on the facts that:
SPNG is not listed on the NSS- Sho list and secondly the volume looks crazy, so what is traded and where are the shares coming from?
I also beleive that dilution is neccessary for a company to grow, especially a startup growing Co. like SPNG, so makes sense in saying the initial 267M shares are restricted and reserved for a buy back. Now the question is the growth is excellent and SPNG requires more cash, as a possibility maybe the new shares issued to RM are not restricted?
IMO, RM is not a bank, it is owned by the same people, RM might also be having limited liquid due to the fact that such a quick growth was not in their initial BP. All I am trying to get is the Co. has a very good future without any question... THE QUESTION BOTHERING IS: WHERE ARE THE SHARES COMING FROM the volume is crazy.
Thanks Jim. I am also in the same boat..long live SPNG.
Jim, Thanks for the document which clearly states what you are saying and I TOTALLY beleive the same. I have a query:
What about new shares issued to RM? Are the also locked in a similar way to the above ones? whereby there is a wriiten document signed saying the will also be repurchased by SPNG?
Thanks
With a 335 close how does the chart read out now? for tomorrow?
We need to close anywhere above 0.0026, huge barrier. If so we will run fine tomorrow.
Something happening behind the curtains???? We do not know? Looks like closing red, I hope not?
Approaching power hour, what's L2 saying? Any huge buyin's coming?
Sorry guys meant support not resistance
I just hope it does not break and go below the resistance value of 0.0026.
Yes very true, i also received my just yesterday, so the logic makes sense...busy taking profits..
All this mirror trades occuring and prices not moving? Do mirror trades cause prices to drop only? How can this be stopped, what is the remedy to stop mirror trades?
Yeap U, so R we closing red or green today?
L2 readers.. any power minutes coming into play...any huge buys coming in?
So far so good nice prediction, looking better
I am getting a mixed vibe on this stock from most of the posts i have followed as of now. what is the general beleive of everyone is it better to dump and forget or wait? is there a future with this stock? I am holding a huge number of shares and so will appreciate your comments?
Yes agree with some of your points..IMO...selling and buying (day traders) are part of any stock.. Even if the price moves to pennies and sell off happens, there will also be buyin's. the simple equation I understand is not to freak out investors with the PPS; I am not saying it should move to a $ overnite but gradually. In this case as soon as the shares were increased the price dropped to 0.0002 from o.ooo8, this is not fair from an investor's point of view! I am also looking at a long term without a question, but it is also building frustration...as the fundamentals of this company are much better thatn many other penny cos. and still the value does not reflect.IMO
IMO..Please correct me if wrong; Whether restricted or not once issued the effect the PPS. The EPS gets hits.
Yes, totally agree that you can not expect a $ overnite..
IMO Dilution is important, that makes a company grow in the long run, however inorder for the dilution to be absorbed properly not hurting investors; the comapny needs to continue increasing sales and bottom line..which in this case i beleive is not the case? they have started distributing and selling, so income will flow in now.
The only way i can think of moving forward is to reduce shares, buyback policy and show PR's confirming revenue and profit. When are the next quarter results due? the other thing to constantly monitor is the dilution process, I am with other stocks where dilution is almost turning out to be their respective core business???
Is that not heavy dilution and with very samll income the PPS will not move further..Am I right?
Thanks.
Any news, action that will make her go up? What can we do to pump her and break this long lasting resistance? BNPD Go!!!
Anything we are expecting in regards to a PR in the near future?
Nice position to be in, looks great tomorrow!!!BBDA could be back in play as we bounced perfectly off the 20 MA line for support and formed a nice hammer candle today. Support at .0026 that MUST hold and resistance at .004 .006 .007 ahead..
Go Bedida.........
Can anyone do a quick sells job for me! I am almost there but will appreciate good info that I might have missed..Thx in advance, looking at investing
Agree! Long long way to go.. Cheers!
What is L2 level saying? Any signs of closing green?
I am almost coming to beleive that the stock will fly only on two met conditions/situations:
1. The company announcing the buyback of shares from RM.
2. The company getting into some financial agreement with a bank. (My last point does not make business sense due to the fact that why pay interest /increase liability when the have a cow providing milk at a discount of 40%).
But I beleive the stock will see new horizons, when either of the above is formally announced. The market is failing to digest the RM scenario, as it is more of an inside dealing among the team. Big houses will only invest in a stock where they can sense and feel the potential with a lot of transperency, in this case IMO we are beleiving in what the management is saying and taking there words for granted. Others have not yet swallowed this capsule... Long live SPNG!!! The time will come but not quick, as the Co. is continuously improving in regards to sells, and the introduction of new products.
Very good point!!! This debate is totally endless no one can prove either way, this will only be proved if SPNG climbs the ladder... Which unfortunately is not happening inspite of all the GREAT News???? I understand long term story for sure a nice investment...but at the same time she needs to climb the price ladder when great news is out and that is not happening? I am not expecting a $ for it now but still needs to show those signs when the news is out..
Unlike other stocks the slightest of news and the stock jumps.. Do not get me wrong I am completely in bed with SPNG LONG LONG term.
Anyone with L2? what does it say?
hey all, will appreciate a quick update, please looking at investing and will appreciate a quick snapshot of the company with its values in offer. Thanks
Are there any hopes!!! with the Brothers, any piece of information or action that will tkae it back to the mid .20's?
Thanks!
Totally rediculous...Even financial stocks are behaving properly...Not as stupid and useless as this one...
The issue here is you can not just keep on buying as the price gets lower, God knows what the bottom is?? I have been buying starting at 0.8 and my last buy was at 0.007? Any ideas?? IMO the company does exist..I do not know what the s$$$ is going on?? Karen has got sort of an auto response to all queries, no pint in contacting her? wel sit and wait i guess...BUT FOR SURE NO MORE BUYING
What's going on today, is there a technical glitch...PPS not getting updated, cannot see the graph? Any ideas or possible solution
Why is the quote not getting updated, last update 10:22AM???
Can someone please give the current price, thnks.
same here