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.
You are priceless that is for sure, for the last 3 months you have been crying from the rooftops buy buy buy when nothing was being delivered apart from promises. The PPS climbs positively for the last 3 weeks on the back of the JV starting and additional information including a likely buyback as well as additional contracts/revenue. You have obviously sold your pile and want back in and you are now doing a complete 180 to try and get some cheaper than the current PPS.
I could be wrong here but there seems to be some strong hands holding right now who see the progress starting and the potential that can be realized by staying long, lots of solid support even at the current PPS and its been a nice steady climb instead of the massive daily %., I do not think it will be massive PPS in the near term but as long as the progress continues this should consolidate and climb in a organic manner as revenues are booked even with the flippers and MM games. As long as the Key milestones are met and now the diluters are history and finance will be easier to attain and more beneficial terms for the company then eventually this should be a solid company with solid revenues and a listing on the main markets. Will not be easy but the signs are positive which makes your desperate urging even more difficult to take seriously. Any dips will be flippers/ manipulators trying hard and only temporary IMHO, Long seems to be the way here unless things change dramatically, yes 2015 was not a good year and the 10k will reflect this but i will hang on for the next quarters filings when we will all see how much things have moved on in black and white. Good luck with the scare tactics i have a feeling you will need it
Very eloquent post which has some merit for sure. But i am not a basher i hold a position and want this thing to succeed but i have become negative mainly due to the lack of engagement from the company and their perceived lack of giving a shit about it. The constant drain on the PPS and obvious dilution are other issues that are failing to be addressed by management, any one holding this more than a couple of weeks cannot be happy with the current PPS, half of the bagholders myself included are now just hoping for a pump to bail out of this thing, even close to break even.
You cite all the negativity, of which there is on here but this board does not control the PPS or the dilution issues going in the company sure MM can mess with this but if enough people wanted to buy then nothing they can do about it it would increase PPS, this has zero momentum. Managements failure to engage and attract new investors has this thing heading to subs not what people post about the stock. Every one on this board has an agenda but few in this world can really influence the direction a stock takes more than the management themselves. Poor management usually = poor stock performance. This is the OTC as well so class action legal stuff, really! even the SEC does not really give a shit down here
Remember this is a stock message board not a guarantee of success board and everyone on here has their own agenda even you and me, take it for what it is there are some very good people here as well as the usual players and nut jobs, always due your own DD. If you hold a million you must have seen something in the first place right, no need for all the negativity now its actually starting to happen, it was in the wilderness for a couple months and its now coming good, sure some people have high hopes for this, i am positive on this, do not think i will retire but your 6c target is pretty realistic as long as progress continues. Once revenues are banked and filed this has a possibility of moving much higher, again its not a sure thing but what is, whats in place already gives it a reasonable shot a success.
For someone holding a million long you seem mighty unhappy considering the last 3 weeks action JMHO
Change the record will you. Jeeze we all know this is a turd. Even the South Afica news could not generate enough new interest to keep this at 2 pennies. Thought that was my chance to bail but it never climbed above 2.4 pennies and now we are back where we started.
Companies credibility is at all time low, nothing on Guatemala, no additional PR from South Africa. They talk big talk but lets have a heavy dose of reality here it is barely keeping its head above subs and has some notes to pay off in the coming months with zero income for now it seems so dilution is set to continue. The only people who can be remotely happy is anyone who has bought in in the last few weeks as everyone else is holding a bag, some bigger than others. Company needs to remember it has shareholders (bagholders) and engage them with information instead of enraging them with either silence or no follow up of a release. IMHO the management of this company have zero regard for shareholders and really have no business running public companies as they treat this like their own personal fiefdom.
Stop being so damn fickle, so it pulls back on lack of news for the impatient who sell to the people spreading malicious nonsense big deal. There is a bigger story going on here like it or not, if the Chinese had not signed up then i would have my doubts but they are onboard so whilst there will be road blocks on the way this is moving on an upward trajectory, does KJ need to sort out his filing YES is he dealing with it YES so give him a little longer. This will not be green every day that is just life, but come back in a few months and we will see what the PPS is.
I usually do not post this kind of stuff but you are just too blatant with the bipolar messages, just yesterday this was the view in your bipolar world.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122362207
I guess you enjoy the attention, another on to the ignore list
Same to you bud, things seem to be aligning, patience still key. But the start of the JV is very encouraging. Long road ahead but the end of the diluters can only be a good thing for us all. Good luck to you going forward.
Interesting little video link to small town of Sand Branch in Texas that has had no water for 30 years as the wells are undrinkable and they have relocated people but plenty have held out. worth a look and a small Redbird unit would clean up the wells for people to drink. Food for thought, i am sure there are are places in the US with same issue aside from the Flint thing. Great publicity for CDNL as well. Sand Branch Texas
I hear what you are saying, so much madness in the OTC world, its not usually a nice place to play as its all about finding someone to hold your bag in the most part. Oh yes some of the companies out there are borderline criminal or just plain criminal and the way some stock flies up in the face of questionable metrics and future growth really defies belief sometimes. Hence the name i too have been burnt before, its a learning curve for sure, tend to stick to just a few plays i have done plenty of homework on and without overselling CDNL i am very comfortable right now with my position and where the company is heading.
I have always liked the product but felt the way it was run would hold the company back, now we have the Chinese investment i really am hopeful that this will move. i am sure the Chinese stipulated a more professional management team as apart of their involvement in the JV.
Hats off to KJ i had my doubts but he has got the JV going and has done a good job, but i am sure he is aware to move on from here requires full time management the CFO news is great and points in the right direction.
The end of having to use the diluters to keep the lights on now means growth should be inevitable as the need is out there for the Red Bird, anyone too dumb to see this can carry on playing the OTC circus but for CDNL it should be onwards and upwards, GLTU and your investment
so full of sh*t your breath smells, one for the ignore list as its not even witty
We all feel sorry for you, and your learning difficulties
Lots of sense being spoken today by people who see this as not just the usual OTC flip, its a stock and as such it will trade both ways, Cannot be green every day and its had a nice little run from the pre Chinese JV level. Hence people will take profits, especially if the price gets walked down low enough to spook some into taking flight.
We all have our price in our heads and for some a quick 50-100% is plenty and they will flip, that is how they operate, and to be fair in OTC for most stocks that is the only way to play the game.
I have been holding this a reasonable time through good and bad, but i will will continue to hold even on the dips especially now that we are actually making the headway needed to take this away from the OTC circus show. Its not going to happen overnight and there will be challenges along the way but i have seen real progress in the last 9 months from one of dreams and promises to actual progress and outside investment with the likelihood of substantial growth and revenue which will make the patient smile and the the flippers regret. Its not guaranteed but its sure does look good from my viewing angle. GLTA
IMO biggest issue is the companies credibility is still very low right now, while its right up there on the IHUB boards no one is putting their hands in their pockets too deeply until we get some follow up. Whilst it enjoyed a little run up yesterday, and it was little in reality as the the PPS is so low that 100% did not take much getting and dropped of real quick. Not too far off we we started from again even after the news, volume is weak and most people are looking but not touching right now. Very disappointing to be honest. Looks like it will need some thing stellar and real to move it significantly
Worth a look
[url][/http://finance.yahoo.com/news/water-scarcity-may-knock-6-190100948.htmlurl][tag] Some interesting fresh water and lack thereof info [/tag]
Apart from the odd hopeful voice this board is like a wake right now, and its hardly, surprising obvious dilution occurring and no news to encourage any new buyers, i wonder what the current OS is?. At least VNDM has backed off to .0135 for now so they must have run out of shares. Its getting ever closer to the subs, since the( in hindsight) BS October PR regarding the $1.2 billion finance the last big spike on the chart ( that is so funny right now considering it is struggling to stay above subpenny) it has been on a slow bleed down with nothing coming from the company except a dubious deal that was never followed up and some banal QS posts. I am still holding but only in the faint hope of a final death throes pump. I hope there are not too many here who bought in above 5 pennies as that looks a long long way off right now. Management should be ashamed, i have a feeling though that they really do not give a damn.
Can always rely on you for thoughtful insight LOL, i am happy with what i have here and what price i have them. Onward and upwards
Never said all, i said IHUB in general. Agreed it held pretty strong last week but volume was low. The climb was steady not spectacular and that is a good thing IMO, i would not say it was huge considering the confirmation the JV was underway,as soon as it goes ballistic on OTC its usually means all the usual suspects come out and the stock is abused, you know what i mean, so steady is cool with me. One definitely positive from last week which would indicate plenty of strong hands here is only 60 million shares traded during the whole week, a little over 10% of the OS. If that is maintained whilst the PPS increases it bodes well. I am sure those who have held through all the delays are not going to sell in the near term, hoping for some further positives over the few weeks and like i have said if progress continues then Patience will pay off. GLTU
Oh wow, some real speculation about the future taking place right now. I am happy to see all the interest in CDNL. Seriously doubt most are in for the long term IHUB mainly consists of flippers and day traders who usually do the opposite of what they post so they can either scalp some cheapies or pass the bag to somebody else.
But i digress, yes things are looking rosier for CDNL but its still in its infancy regarding the future possibilities so a lot of whats been posted recently especially regarding future PPS is pure speculation. No doubt the promise is huge, it always has been, a lot of the upcoming income was already in place, the Chinese deal has just cemented some of this and will allow the growth but there is still plenty of work to do before this stock reaches its potential. Despite the undoubted Multi $ Billion market out there not too much has been booked as yet, i will be very interested in what new work comes from Western China, this week should hopefully enlighten us.
The Chinese coming on board is the biggest plus for me, KJ actually came through when i was having my biggest doubts and has done well, but i think most people will agree this needs a more professional management team if its to really accelerate its growth, it will be interesting to see what changes in management take place and how this moves the contracts. Their is still huge potential in markets like the USA that do not rely on bank guarantees. Once deadlines are met and filings posted on time consistently more and more confidence in the stock is bound to happen
The Buyback will help but i do not see it being too significant now the PPS is climbing, if it climbs to high it would be better initially to spend more money on other areas and secure additional work and buyback when cash rich.
I am hopeful that CDNL will move on from here and its PPS should strengthen over the coming weeks and months, but milestones will still need to be met and Nasdaq is still a long way off, the Chinese will only fully commit once they are satisfied CDNL is in the right track and achieving whats been agreed, once we make it to the 2nd tranche milestone then i believe it will be all systems go. GLTA and it should be an interesting few weeks which if successful will definitely reward the patient.
Perhaps, but it will drift down rather than freefall there, unless we have news good or bad. Definitely not one to sink too much in to unless news breaks, it is in a downward spiral and it does not look like bottom yet.
Based on the stock performance of the last 6 months as well as the continued silence from the board it is only natural that people will be unhappy, doubting or bashing. There is nothing coming from the other side to counter this, that is the problem plain and simple, i bought in myself at what i thought was a good entry point, but for a couple of brief minor spikes ( even 4c looks a long way off right now) it has steadily drifted down as the prolonged silence has continued.
Bulls and bears, bashers and cheerleaders what ever way you look at the stock there is no denying that based on the last 6 months this is either a brilliant move by management to hide all the exciting and huge progress they have made ( i make this a less than 10% possibility currently and i am an optimist) or it is a company that was catapulted to the public notice on the back of an association with a government program which was used by some pumpers to move the PPS to completely unrealistic levels last summer to make them a pretty penny and due to the fact management seem to to have left the building sometime ago it will continue to melt away to subpenny as there is no possibly of success hence the dodgy finance to keep the lights on. This would seem to be the most logical outcome or at this PPS anyone who really believes could become very rich as you can now buy a cool million shares for $13k, i will hold (hoping for a spike to get out) but even at this price i would not be too willing to buy anymore whilst this death by a thousand cuts continues, i have seen more life in a Victorian graveyard LOL.
You make no sense , one minute you post saying its a scam but then you say you have an order for 50k, even if its below the ask. Why buy any at all if you think its so dodgy? JMHO. I have some but these were bought earlier in the game and i certainly would not be touching any right now without some sign of life, all this average down BS rarely pays off unless the company is a target and truly undervalued. Based on the last 6 months this is where it deserves to be, there are loads of real junk tickers in the OTC that are trading much higher than this PPS wise, so something is definitely broken right now and still the silence continues.
There are some who say the silence is telling in that something massive is happening, IMO nothing is ever kept that quiet for so long without some people finding out and accumulating, i see nothing but a drift down to sub land here right now, how cheap does this have to get.
The company is worth about as much a night out with the family right now, pathetic and still it drifts lower. But its ok because the months of silence is a good thing (LOL), you can lead a horse to water and all that, i am still in but only because i missed getting out a couple of months back, next little bump up will have me running for the hills unless the silence is finally broken. Not holding my breath.
There is no other way of putting it, this needs a positive, real, and fully legit PR. Its dying a death of thousand cuts. Part manipulation, part people leaving a sinking ship. With no fresh believers the PPS drifts ever lower and still the silence continues, anyone who says they are not concerned by the silence or the price drift is delusional at best and a bare face bullshitter at worst.
A lot has been spoken about the management good and bad, IMO they seem pretty poor as they are completely disconnected from the shareholders and their legitimate concerns. The investor relations are non existent and the last 6 months have yielded not one PR that has been backed up. Due to the current PPS the diluter loan will yield massive increases in the float further hampering a PPS recovery.
I am pretty optimistic by nature but this would try the patience of a saint, i see no recovery in the PPS whilst this BS continues and eventually this will be sub penny again, which based on its price performance and management engagement since the massive pump last summer is probably where it belongs. Do not mind being wrong on this one, but boy it needs to change its bad habits fast if that is to happen
Bit of negativity today, kind of funny really. Wait months for the China deal to go through its starts happening and then people are pissed because it has not took off like a scalded cat.
As i write this less 2 million shares had been traded, so no biggie volume wise, people are still trying to enter as low as possible or pick up some cheapies, so for me if it moves down on this kind of volume it is not time to hit the panic button just yet.
The traders are quiet because the volume is low and they cannot flip without volume.
I agree to a certain extent about the late 10Q and that is an area that needs to improve if this is to be successful, late filings just look unprofessional.
But as some have already said this is a stock for the future not the past, the PPS reflects the past still. I myself am not interested in a week long pump and crash scenario so if it moves along at a slow pace but the general direction is up i am happy. This is definitely a longer term play which will pay off as long as the milestones are met.
Agreed, slow and steady wins the race, steady PPS growth along with steady news is what i am hoping for. Fly too high, too fast, and it will fall just as quickly as its gaps and profit takers bail. We want organic growth here not a pump and dump situation so i am fine with the way things are going so far. I do not want to be looking at this everyday thinking is this the day it crashes and should i get out.Time will tell and like i said previously if the jigsaw pieces come together this should be sweet for all. Its just starting out on a long road after some serious teething problems GLTA
I thought it was Mr Jones, LOL you make him sound like a car repair shop. Seriously though this is trading as anticipated due to the number of shares traded in the .003-.005 range during dilution, some will always be willing to take small profits . Lots of new hands but no one is really willing to jump in too high PPS wise so we are stuck in this range for now, volume is low today as well.
Needs confirmation on some of what has been promised to really start to move, the proposed buyback will help if it is significant. Lots of hurdles still to clear IMO before we can all start patting each other on the back. I remain long as the pay off could be very worthwhile if it all falls in to place. I am sure people will start to increase the bids as these pieces of the jigsaw are put together. We are moving in the right direction and people just need to hold strong and let the bids come to them.
GLTA
Not saying your wrong but when you make a statement like that then offer some reasoning to strengthen your point, otherwise its just a random remark.
The whole DNRG situation is pretty dire right now despite the optimists best attempts at painting a brighter picture, it is struggling to hold.017 and volume is weak for both buyers and sellers. Not even $8k traded today
The silence IMO has gone on for too long, i am not asking for specifics but an update of sorts is definitely needed right now and not the usual QS banal BS.
I hope i am wrong but this longer this goes on with no updates the more it looks like it was a good idea wasted, the finance terms these guys will be able to secure at this PPS is destructive at best and not conducive to running a successful business. This appeared to be full of momentum 9 months ago but has literally ( excuse the pun ) run the battery flat and it appears unable to recharge it. The biggest mistake they made IMO was to announce the $1.2 billion finance deal like it was money in the bank when in reality it was pretty much smoke and mirrors and because of the continued silence no one is buying it anymore.
I cannot make excuses for silence any longer especially whilst the PPS is almost in the subs again .Hope they pull something out of the bag, but at the moment the bag looks empty and we are all holding it.
Flint is a drop in the ocean, no pun. I think every state/large county should be approached with the pitch for having a unit or 2 in storage for any water emergency that arises. Makes sense IMO.
I cannot for the life of me understand why someone has not got a unit financed and placed up there to show how much more practical it is than shipping in millions of bottles of water. BBC still covering story. I would be pushing these to all states as having a few of units in storage for any water emergency in state would be really sensible IMO. I am no business man but selling some to Stateside here would be a good cash generator and easier to get paid. Food for thought! If i was KJ business advisor i would be pushing this.
Flint still in world news
I think we should all be able to agree, including the most optimistic that the PPS has been a complete disappointment in the last 4 months and the continuing silence from the company is both a source of frustration and downright worrying.
Its is hoovering just above subs and however you spin it it makes finance and running your business successfully a real challenge. I am pretty optimistic by nature but its getting harder and harder to justify maintaining a position here whilst the company maintains its silence. I have done all my DD and if they deliver its all well and good but IMO the length of time since any meaningful release it concerning.
I think if we all look long at hard at this there must be some concerns and its only the fact that its .017 that i continue to hold as i can hold a reasonable amount for a relatively small stake. But we are treading water and have been for some time, the biggest concern for me is the fact that even at .017 we are not attracting buyers, jeeze if this thing delivered even on half the promise its a steal, so obviously plenty of people remain unconvinced, perhaps its because so many got burnt last summer. I will continue to hold but at the moment its more in hope than expectation.
Cannot do it on the quiet unless they want trouble, although this is OTC and anything goes really the SEC is pretty toothless down in these depths. He has already mentioned the piece in bold Click the link for the full low down
Should a company publicly disclose its share repurchase program?
Yes. In order to avoid potential liability for insider trading in connection with a share repurchase program, a company should publicly disclose the program prior to its commencement. Disclosure should be made after consultation with counsel. At a minimum, disclosure should be made with enough time to allow the market to absorb the announcement and include the following information:
the estimated time period during which the purchases will be made;
the maximum number of shares proposed to be acquired or the maximum amount of funds to be expended;
the objective of the acquisition of shares;
any plan or proposal relating to the disposition of the shares to be purchased; and
an indication of how the purchases will be made.
The disclosure may be made in a Form 10-Q or 10-K, or by means of a press release or Form 8-K, depending upon timing of the approval and commencement of the program. The company also should issue a public announcement disclosing any material modifications to a share repurchase program.
is keeping you up at night LOL,
The 10 K being late is par for the course with this ticker, based on the Chinese involvement adding an E short term is no biggie and if people bail they may regret it. We just need some follow up on the Friday filing and its a no brainer IMO.
The fact the PPS cannot seem to gain traction comes as no surprise to me as i said that weeks back based on the number of people holding large numbers at low prices, plenty of people willing to take some profits in the 30-50% range from previous accumulation as seen by ETRF on the ask.
JMHO but with the Chinese now committed financially this is a good opportunity to hold a few shares and watch them grow. As long as the key milestones are met and the 2nd tranche takes place this should gain plenty eventually. Anyone happy to take their % short term is cool with me and we all have different views, but i feel the long game will be more fruitful on condition they continue to meet the milestones, lots in the pipeline we just need the PRs/filings confirming it. There is no doubt this is undervalued and as they progress this will become obvious to plenty and the PPS will react accordingly. At the moment too many people have been using this as an ATM, as more people hold the PPS will move organically. Steep climbs quickly are normally followed by equally large falls just as quickly. I have been here long enough to not throw the baby out with the bath water now its actually starting to deliver.
HSVW is a China-based consortium formed to market and commercialize Cardinal Resources' water treatment technologies in Asia and other international markets. Composed of two publicly-traded Asian conglomerates, HSVW has extensive investment holdings in numerous sectors including industrial, high tech, engineering, logistics, energy, banking, engineering and municipal infrastructure. Under the terms of the transaction, HSVW will invest a total of $7.5 million in exchange for a 51% stake in the Company. The investment will consist of two tranches of $3.75 million each in exchange for newly issued shares of the Company's unregistered common stock.
We are just going back and forth, we already know there are 500 million+ from the release last week, i am saying the Chinese will get the same number to make 51% when the 2nd tranche happens, That would make a billion without a significant buyback. Not to be rude but this is all pretty pointless at the moment.
I agree the current PPS is low, and the Chinese got a good deal as long as the contracts get fulfilled. Fact remains it is trading .0042 we need some additional PR to assist
Exactly that would be around the number if the Chinese get enough shares for 51% worst case. I am just pointing out PPS is very low based on the initial tranche now happening, like i said all the guesses and speculation are pretty pointless, it will be what someone wants to pay for it, i feel its very cheap right now others think differently. This stock has not traded realistically for several months and i guess it has been a ATM for some.
Anyone who has been here a while is unlikely to bail out now the fun should be about to start despite the current action, when i see 5000 share trades at .0042 it just makes me laugh. $20 trades LOL.
The .104 was always irrelevant as it was only the price to be paid for 36 million shares initially. They are paying $7.5 million for 51% current number of shares will be revealed in 10k but its somewhere north of 500 million currently so if you ignore any possible buyback , which i doubt will be too significant a number unless PPS remains depressed . The Chinese price valuation would give us a PPS of around .015 but there are so many factors at play that would increase this, any announcement of confirmation of commencement of current contracts and any additional work. JMHO but now the Chinese have committed the current PPS is very cheap even allowing for dilution and any concrete PR should move this, i was very skeptical on this Chinese deal and how long it was taking but now its actually happening i feel the current action will prove to be irrelevant in a few weeks time and many flippers may regret not holding if the right PR follows. I just wish i have some loose change to snap up some more as its definitely undervalued based on that last 8k.
So we finally got the news and the PPS has barely moved, funny how the day after the last of the dilution the news comes out, IMO it is likely the Chinese were not willing to hand over the money with all the notes hanging over the company as CDNL would not have been able to achieve the conditions of the tranche if they had spent all the money paying notes, Chinese will still get 51% eventually so the number of shares is not as important to them in the short term as meting the tranche conditions there will be a reverse eventually anyway.
IMO way too many shares now floating around after the dilution and way too many people happy to get their 20-30% and keep this turning in circles. Obviously the late 10k has some effect as we really need to see the extent of the financials to see exactly what shape the company is in. All this crap with charts and predictions is pretty meaningless right now, this stock has too many shares for the number of buyers at the moment plain and simple.Releasing some follow up and the 10k will attract more if the news is good. IMO the fact the Chinese have actually now invested hard cash should be reason enough to hang on to this despite the disappointing price action, not even $50k traded so far today which is a puzzle based on the 300+ posts on Friday. Its going to be a slow climb out of this subpenny action unless they have some mind blowing news to release which will excite the pigs and the whales (LOL). GLTA longs, lets see where we are in 2 weeks time.
Thanks for your usual insight and wisdom. I have not moved on as yet i said if KJ comes back from China empty handed or the 10K is BS i will move on as i am tired of being strung along. IMO you would be crazy to stay in if after all this time if that scenario happens. JMHO and you can dress it up anyway you want but the last couple of months have been a flippers dream with all the delays and positive communications coming from HQ without anything actually being put on a filing, oh except for the mass dilution of course. Any genuine long is just fed up with all the hot air and seeing the PPS being moved up and down to suit the flips/diluters, so this week is make or break for a few people i am sure. Perhaps you should check and see if your caps lock is stuck on LOL
Rely on your DD and take everything you read with a large grain of salt, all boards are for entertainment value mostly, a certain amount of information may be gleaned but you have to sort the wheat from the chaff, the majority of people in OTC stocks are doing the opposite of what they tell you and will try to make their money off the backs of others by using this misinformation, sad but true. If you are holding CDNL then IMO it would be prudent to see if KJ actually delivers this week after the 3 months of Chinese whispers but that is just my take, do what you feel is right. For me it has come the end of the road and its delivery time , if KJ returns from China empty handed or the 10k is complete BS time to move on. Hopefully my patience will be rewarded, but it will still take a while to move significantly IMO,
OTC is 90%+ BS and its only the pumpers/dumpers and the flippers who make coin on a regular basis. Even if you do find a gem word will get out and it will receive the full OTC treatment which usually f**ks up real momentum at least in the short term.
Whilst i have some sympathy for anyone caught up in this scam and paying in the pennies for this the warning signs were there from the start if you looked and it was only the pigs at the end that got truly slaughtered, if you were not in on that first day you should have just shrugged your shoulders and looked for another opportunity as the crash was always going to happen it was pushed hard and was receiving massive coverage for a couple of days.
OTC is cutthroat and you have to suffer painful lessons to realize that sometimes it best to make your 10-50% and get out of dodge before the gunfight starts because it will only end in tears. This was never on my radar for one simple reason once i looked at it i saw this for the ticker and that was enough to make me think twice.