Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ask is huge at .005. Putting up a wall.
It's going to take some pretty significant news in my opinion.
This stock held up very well today!
So if I'm reading this right, 180 days from June would be approximately December. At that point, the conversion most likely started, hence the drop in price. This is a good thing and means the CD is probably almost done.
Nope, unfortunately another red close. As soon as you think dilution has finished, it reappears unless that was a massive retail sale at the end. I'm staying as far away from this thing as possible until buying picks back up.
Does anybody know how many CDs are outstanding or any coming due anytime soon?
This one has consolidated very nicely at this level. Any kind of major news, and this should run again over a penny. OS count is still very low compared to most OTC stocks.
Perhaps announcing a game on the iPhone and iPad with revenue projections would cause this to fly.
This definitely appears to be the bottom for the time being although I will wait to get back in until people start buying at the ask and this gets some major buying pressure.
Notice how most of the "pump group" hasn't post as much today. They are probably gradually selling out and have obviously moved on to the next ticker. We shall see.
Watch for the pump group to gradually exit as they found the next runner.
.0045 has to hold otherwise we could very well test .003s or dare I say .0021 and have a double bottom.
Does anybody know anything about the Westcoast Adventures? Is ther a website? Also, any RM I've seen always comes back down. Sounds too good to be true.
The problem is I believe they have many other notes. But if they would shut off the dilution faucet for a few days, or release some major news, this could run back up in a hurry. It does appear that selling and diluting is starting to dry up though. It will be interesting to see if we get a green day tomorrow.
I don't know if there is such a thing as a spinning bottom. I know there are spinning tops. Today appeared to have one of those where it kept on bouncing off of .0045 support.
Appears to be that way. Although it has looked that way the past few days. Everybody kept saying the bottom was in.......
This could be due for a dead cat bounce tomorrow, who knows.
This does appear to be way oversold at the moment. The problem is that's what dilution does. This has been very heavily diluted since the price started declining from .018. Need some major news. The price could move in a hurry with the right news considering the low float (even after the heavy dilution).
I would rather chase at the moment then watch it continue to drop.
No doubt. Problem is how low will the price go before it's released. Management needs to give further clarification on their short term goals and what they have in the pipeline.
Right now, most people think this is a pump and dump which appears to be true until proven otherwise.
Interest has completely dried up and the chart is broken.
And continuing to dilute.....
The volume and interest is starting to dry up as well.
Short of some major news, this will continue to decrease. Maybe a periodic green day here and there but overall decreasing.
Yes, I agree. If this doesn't get back above .006 today, IMO, it's going below .0046 tomorrow. Just no buying pressure.
Yep that's the problem. There is just not enough volume in OTC land to compete with the diluting MMs that 99% of OTC companies have. You used to be able to. Like I stated, OTC land is a complete disaster anymore.
And right back into the .004s it goes. What a joke. Dilution, let it breathe a little, and then more dilution as the price gradually sinks lower and lower.
Yes I believe the only way this will ever get close to a penny again is with news. I'm sure there will be more news in the coming weeks, but I'm not going to risk losing everything. At this point, I would rather chase a little. I'm taking a break from the OTC world and maybe for good.
The OTC world is a joke anymore. Definitely not like two years ago with the MJ craze (or NT*K) where people made bank. Unless you time these just right, you're bound to lose. There is just no liquidity or volume anymore. If you're lucky they might run for 2 - 3 days, but not 2 or 3 months straight like two years ago.
I sold out which is usually a good sign. Then it tends to run. This one is just too erratic for me. Doesn't seem to be much buying pressure above .005s. I'm afraid they are dilution, letting it breathe a little, and then diluting more, gradually lowering the price.
Yes. While this board was quiet today, rest assure there are plenty of eyes on this stock still.
Count me in as well, I added today. I think today was more of retail selling than anything. I will be watching this closely come next week. With a low float like this. this can move either direction very quickly. Any news and this can move back over a penny within a 30 minute period.
What is that currently?
IMO, if this finishes .008 or above I think we will have one more strong day of a run tomorrow. Reminds me of TP*C when it shot up to .006 and then down to .002 level. It reversed and went on a nice two or three day run back up to the .006 level.
If it finishes above a penny, I think we are testing .016 - .018 level tomorrow.
I need to see some more bid support before I see this as a bounce. Definitely has the potential to run hard back to .008 - .01 land this afternoon though.
Agreed, if this is not a pump and dump I don't know what is. Like other people have stated, this is just a shell of a company.
No doubt there are still a lot of eyes on this one with it's crazy swings in price. With the low float this stock can easily be manipulated and have erratic swings. If they decide to shut off dilution today, I think this has a good shot of bouncing back above a penny but we will see. I sold out yesterday in fear that this could possibly be SF*R. If the price starts to rebound what is re-entry point approximately?
I hope you're right. The nice thing is the float and share structure is very low still. It wouldn't take much buying to push this back above penny. I just couldn't watch my account bleed longer. I sold out and would rather chase if it does happen to bounce back tomorrow. I won't buy back in until it shows it can get around a penny again. Needs to break that resistance.
Dang dilution was relentless the past 3 days otherwise this would be at .03 right now.
Yep it's like 10 of them that move on to the next pump. Unbelievable. Just really frustrates me. This had the momo, hype, and chart to easily move to .02 - .03 land. The dilution killed it off which then caused the pumpers to sell off, a domino effect.
This still has a small enough float, if the dilution would ever stop, this could run hard again. Problem is nobody knows where the bottom is.
I should have sold this when the run appear to die off right away this morning. It's so hard to play these stocks. If I would've sold, then it would have "dipped and ripped" and I would have gotten left behind. I'm just glad my funds didn't clear today, because I was going to buy more without hesitation based on how yesterday closed.
Yes but EVERYBODY AND THEIR BROTHER jumped on this train yesterday afternoon. This had both the hype, chart, and low float going for it. I'm still totally shocked at how bad this got dumped today and the run came to an abrupt end. Like I said earlier, OTC land is definitely not what it used to be.
Yes but I think the "pump" crew was even thinking they could pump this a lot higher. Dilution caused the pump crew to start selling their shares. I don't think the pump crew got out at the "optimal" time though.
Since it did finish above .0075 which was some support, we will see if bounces back a little tomorrow. .0075 could have been a double bottom, however, it should have bounced off that today. I think there could be more bleeding tomorrow.....
Just sold out meaning it will probably go back up. There just seems to be no strength to this thing. If it could've bounced back above a penny I would say this still has some play left. Unless it gets some last minute surge, this thing is done.
Penny stocks are just not what they used to be. The SEC should really crack down on these companies or disallow it all together.
Here we go bounce time back to a penny perhaps!!
Except this didn't even get pumped that high. The least they could've done is pumped it over .02 or .03. Still amazes me how everybody and their brother showed up yesterday afternoon and now disappeared. OTC the past year and a half is not what it used to be. There used to be huge multiple week and perhaps multiple month runs. For example NT*K. The closest thing recently was TP*C. Now you're lucky if they run three or four days.
Thank gosh my funds didn't clear with TDA today. A blessing in disguise. Otherwise I was going to buy more based on everybody's reaction yesterday and how the chart looked.
They are just gradually taking this one down. Unbelievable. After yesterday's close this was setup perfectly for a run above .02.
Agreed! Usually opposite.
The swings on this have been incredible. Definitely not for the faint of heart. There were a TON of people that came on board after the filings yesterday. Now they are nonexistent. Either they are quietly waiting and loading in the background or have sold out already and moved on. It's hard to believe they would have sold out already and caused this crash when a lot of them were waiting until at least .02 to sell.
It looks like I'm going to have to cut my losses if this doesn't bounce back this afternoon. Unfortunate, I thought for sure after the filings came out yesterday this would easily break .02.
Need to this to bounce back a little and get above a penny. Otherwise this one is officially game over for good.