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I've seen NITE dilute and NITE shorts every stock. If he's retail he represents the few who can short penny stocks. He's almost always (along with a few other MMs) keeps PPS down and kills runs. See it all the time with him.
Ah, classic NITE, so predictable....Please bring it back to sub pennies so I can load!!!!
CSTI still playing games.
Thanks bro. Will check out the other one. Hopefully Fima runs this week and we get a sweet PR...grabbed some 0.0027s on Friday.
I hope so!!! We need something to send it now that the shorts got to cover.
Don't know. Where are you getting that info?? Maybe it's someone shorting? Def weird trading since we hit the current high of 0.014.
As soon as we hit that several MMs came and started undercutting the ask (some I've never seen before like FANC). Assuming they were shorts.
Gotcha. I'm just pointing out that however these conversions work CSTI seems to be the one doing it and until he's done we aren't moving. Unless you or someone else knows otherwise.
Not until CSTI is done and for the last week or so, he refuses to move.
Congrats Gilmores. You diluted this to oblivion...way to go!!!1
thanks for sharing!!!
Seems CSTI is the seller. Question is how many shares does he have??
Even VERT is trying to get some under 0.02...good luck!!!!
Rollercoaster!!!!!!
Can only say wish I loaded more when VERT brought us below 0.01. Smart money certainly did...hats off to ALL spom holders...Everything about SPOM from the fundamentals to the technicals are golden.
Agreed. Wait until all the details converge with earnings, new products, Homedics etc...SPOM is gonna fly!!!!!!!
Let me guess...NITE is selling to himself to shake people again??
Let me guess...NITE is selling to himself to shake people again??
C'mon dude. Most penny stocks trade on speculation, hope and hype. You made money on FIMA, and likely will do so again. Do we need to repost all of your hyping when SP was going up???
Enough with the dilution already..gEEZ!!!!!! let it breathe!!!!!!
Agreed. But sometimes you have to hold (and sometimes average down on the dips). I held a stock EN** for 8 months bought in at 0.014 it dropped all the way to 0.0004, I averaged down and sold recently for a 200% gain. There were times when I didn't think I'd break even never mind make a profit but patience paid off. I'm certainly no expert but most times these stocks do recover. Although no one can be certain I do think FIMA will recover. I'm sure every penny trader has stories like this.
I'm sure FIMA has many more runs in it.. when the shorts and scared traders are done and/or positive news it will run. Thus is the way in Pennyland.
umm FIMA ran from trips to three cents from the beginning of 2012 through the summer of that year on much less volume. Just a matter of time before the next run.The fact that CDNrichard and Samdmil are here also speaks volumes
Yep. me too. This is likely going to 0.05-0.06 in the near term.
Again KNOW WHAT YOU OWN
Exactly. I'm in no rush and would love to scoop up more cheapies!!!
Nite is selling shares to himself...LOL. Boy these MMs are something else.
Sorry Dude can't PM but have put you in my favorites. Spom is truly a rare gem in Pennyland so glad CDNrichard turned me on to it. Only wish a bought more!!!
SPOM Tachnical analysis :
Gap on the WEEKLY chart in the 0.05-0.06 range (gaps tend get filled). Symmetrical triangle on the WEEKLY that if it breks to the upside (which it has) is projecting prices in the 0.26-0.30 range.
i think it's a few flippers and some MM scare tactics. Volume is super low.
Agreed. No doubt Pert and Nite are trying to shake cheap shares.
I don't think this is a good stock to flip. It has too much long term potential unlike the majority of penny stocks. Of course everyone wants to maximize profits and get in as low as possible. If sellers are willing to bidwhack then that's on them. Know what you own
Agreed.
not dumping. Flipping for pocket change and the hopes of buying in lower to do it again, rinse repeat. Again I wouldn't call it dumping but flipping.
The charts are projecting much higher prices to come combined with the company's latest news with Homedic, fantastic share structure and future product releases SPOM looks great to me.
Pert bought a lot of shares in the 0.017-0.022 range. We will have to get through him first before we see the big time...which in my opinion is sooner than later.
thanks bro...much appreciated.
what do you think of the trading right now. As I see it (of course I could be wrong which is why I am asking) looks like BKRT is converting notes...what do you think?
nice!!!!!
looks like someone is converting notes.
Something has been fishy ever since we hit the 0.014 mark several weeks agao. As soon as we did several MMs (some of which I have never seen) came in and started dumping shares below the ask and has continued since..maybe it's shorts trying to cover, maybe they are converting notes...don't know.
The question is where did BKRT get his shares and how many does he have....anyone venture a guess??