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Definitely agree.
Yeah, that was kinda my point, if I could have gotten in earlier, then I'd have more than the couple million I have now.
Even though I know tech startups are risky, the management has pretty impressive resumes and being in the air force and having been stationed in Tucson, AZ for a number of years, I've worked with Raytheon and their employees and my next door neighbor worked there, so I know its a very legitimate business and they hire VERY good and smart people.
The fact that working at Raytheon is just one of the impressive things that Dr Leonard has done and been involved with speaks volumes to me.
I know this is still speculation, but we've watched as they've been filing 10Q after 10K after 8K until fully current without issuing a bunch of fluff filled PRs to pump the stock. I think the co is actually rewarding those that see the potential here by allowing us to get shares now before the pps inflates with news.
Also, the one big thing that one person keeps citing as an issue, the large O/S, is only there because the company needed to issue those billion plus shares to get click evidence (now tautachrome) and the team with klickzie. They had a reason to issue all of those shares. There are obviously plenty of people that believe in them because the vast majority of the float is locked up and very few shares are for sale at any price.
Even though it's true, it's not that funny.
Man... I wish I had gotten in that early! I'd have a lot more of the float for myself right now lol.
I honestly can't remember how I found this one. Just glad I did!
Man... I really wish I could have gotten in back when it was that low. I think I bought my first shares in the 30s and had no choice but to average up from there... oh well, I've got a couple million now and holding.
Why would this be stickied? Don't get it...
Who are you even talking to?
It's possible. At least I'd like to hope so.
Thanks for the replies about the sells bypassing my bid. I figured there was some sort of explanation. Either way, it didn't really hurt the stock much and all it really did was allow someone to get cheaper shares than they should have.
Manipulation is rampant in the OTC, but this was just my first time seeing that happen. I appreciate you guys telling me you've seen and heard of it before.
Agreed. Why was it being bought in the first place, though?
Looks like that was all one seller. All trades went through within seconds of each other. That person had probably been loading up on 1s and 2s for a possible run and decided not to wait any longer. It's crap that just one or two people or mms can control a stock so much.
I definitely hear ya. Still wish my order would have been filled when it dropped down like that though! I just don't know how or why they get to sell cheaper than the highest bids available...
What's with all the new buyers here? Has the co done anything whatsoever to show even a semblance of a business plan to create revenue other than make a mediocre website and supposed algorithm to try to jump into the already ridiculously flooded marketplace of travel websites/companies? There's already plenty of companies that have spent millions on creating the best software and websites and on advertising and market research to be able to make it in this huge travel business. I really don't see this co getting even a small fraction of the pie. Have you ever heard of Expedia, Orbitz, priceline, kayak, etc... And then there's trivago now that is getting ridiculously popular due to the amount of advertising that they are doing and the fact that they already do exactly what this company's algorithm claims to do but had already dominated the market a long time before puge even issued a PR about their algorithm and website.
It seemed like the attention first started around the time the ceo quit... Why would that be a catalyst to buy? And now are you all just hoping it jumps up after they resolve the supposed illegal conversions? And the second part of that 8k sounds like it could be bad for the co... Isn't the company supposed to verify that their consultants are licensed if they are supposed to be before paying them to find investors? Are they referring to paid stock promoters? Unless it was that those consultants used fake credentials and the co hopes to prove they were scammed and not negligent. In that case, it would still be pretty difficult to get any sort of reparations anytime soon without a drawn out legal battle.
If I've missed out on something, please tell me, because I just don't see the big upside with this one. It just doesn't scream buy to me.
Crazy that this went lower than what it was trading at with the Q still on today...
It was a gtc order that's been there all week.
But why weren't any of our buy orders filled that were above that?
A market sell should still give him the best option, which would have been mine at 69...
If they're not selling new shares or pumping the stock to make more by dumping shares, what would be the point to still 'pretend' to be a company and continue to spend the money to keep the the 'scam' running? And why would fully verified and audited companies continue to partner and do business with them?
Does anyone know how it works when orders get filled below ours? Like I had an order at 69 for 100k, but it didn't get touched and multiple trades occurred below it.
I think I've seen it before, but never knew how it could happen.
Nit enjoying seeing the price drop, but it was inevitable before co officially announces anything
Oh, and I just checked... I had a buy order at 0069 and none if it got filled.
Most of us are all full on our shares. Because of that plus no new buyers due to lack of attention, the price will move far down on very little volume, but always comes back up because most of us are willing to grab those cheap shares.
If these swings scare you, then you're probably new because this has happened here many times in the last few months.
Also, considering this has been consistently trading in the 7s and up, the only reason for it to fall down as far as it did Is due to manipulation, market sell, accident, or just plain stupidity. If you know what you own and think the co will succeed, then don't worry and grab the cheap shares when they're available.
When there's news. The co doesn't put out fluff and there won't be any big volume until there's news.
I also got an email reply yesterday.
I sent me email before the website was up. I was still trying to find any info because all watergizzi links were down and it was before ecodepot.co was updated.
xxxx,
All information can be found on our website www.ecodepot.co.
Eco Depot
A few good PRs would set it off.
Even so, they've been running a pretty solid business.
Welcome MOMO! Glad to see ya!
Sure you can! Sell some other useless stock and grab more here! lol
Nobody's wanting that last 50k at 81?
Technically, we only know the financial records up to June 30. And considering they've been hard at work getting the co back to current, it'd be understandable to assume that they have a plan for the co.
Considering this isn't a just a pump and dump, as the vast majority of the O/S is restricted and can't be dumped, no history of or forecast of an RS, and no convertible notes, they aren't just trying to sell shares.
I get that some people want to get out or take profits because of a lack of patience, but the vast majority are holding their shares. Whenever it does go up or down, it does so on extremely low volume for the size of the float and O/S.
The current management was working as a private company before ever taking over RDSH. There isn't any reason to assume that their whole business plan was to scam shareholders, since they weren't originally a publicly traded company.
Everyone should do their own DD instead of paying attention to only message board posts.
Much better loading up today! Glad to see some more ask slapping!
I don't think there was a group. There was a 10Q showing higher revenue and a PR about the 10Q. Just a lot of people taking about it, causing it to move up on the breakout board and people tweeting about the 10Q. That got more eyes and brought in more volume.
I think what really stopped the momentum was people that sat on tens/hundreds of millions of 1s and 2s saw slower buying and just dumped their shares for a profit.
All IMO, of course.
Looks like the ask at 4 is lower today! Not a bad sign! Of course it requires someone to actually buy them for this to move lol
I definitely hope they have a plan here. Has anyone talked to peisha lately? I know she's said they plan on doing better IR before, but wanted to know if anyone has any updates.
Not according to my L2
Then you'll see those paints both ways of fewer than 10k shares... Buys of those amounts are pointless considering commissions, so you know someone's just trying to manipulate the pps.
Oh well... It's just what we'll have to deal with before news.
Nice bid support on 2s, just nobody wanting to grab those 3s...
NITEs playing games..moving the ask all around. To be honest, I've felt the last coupke of weeks has been ridiculous with the ask jumping all over. People are obviously willing to buy higher if the ask is sitting there long enough, but every once in a while they pull it down.
I honestly think someone's trying to keep this down.
It's still odd that I've seen stocks here with higher O/S, no shown income, and WAY further behind than just a few weeks late, with CEOs that don't say anything that still trade far higher than this.
I guess if the company isn't paying for promotions to dump shares, it's not worth pumping or buying into?
I get that they need to do better with IR, but being this low of a pps just seems ridiculous to me compared to what i see pumped all over the place here.
Never know. There really doesn't seem to be a reason that this is kept do far down. It's a profitable company with increasing revenue. People just got scared and sold when the profit taking went into effect.