The Mine That Bird of OTC traders.. also the greatest trader you've never heard of.
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Thanks.. your avatar is outstanding as well.
Yup, I wasn't talking about you or PACV specifically, I meant panic-sell the market in general.
I think what's been going on here in terms of price action is just bs and games more than anything. Hopefully the powers that be actually want this stock to move upwards at some point soon.. because it certainly has all the pieces in place at this point. We'll see..
All IMO
Nope.. will cause people to panic-sell their positions for fear of being stuck and unable to access their capital. Will make the problem 1000 times worse, IMO. Plus, why put traders out of work along with everyone else? No thanks!
Thankfully, it looks like Mnuchin understands this so it probably won't happen.
PACV is one of the few companies that is actually still open for business.. and likely getting a lot of it. Think about that!
Bring on the updates!
All IMO
This is a completely different stock now.. a perfect business for this moment in time, & it seemingly happened by accident. Now it's up to management to release the info and updates!
All IMO
Or at least a functioning company! The only things not being shut down are food production (Seaport Meats) & food delivery (Via San Diego Farmers Outlet) I don't even care about SnoBar right now!
All IMO
Agree.. BUT I do believe a several day to week relief rally and 50%+ retracement is coming when the big, trillion-dollar aid package is passed (whenever that may be.. depending on politics) followed by a continued downtrend. That could happen any time between late March & April.
I don't think a buyback is happening at all, but it's not needed. My second to last big gainer had a 1.2 bil OS & went from .000s to multiple pennies.
That said, the sooner we get information (like a separate 8k now on the Seaport numbers vs the 10k in late March or April, and an update NOW on how sales are going due to CV vs waiting for 1q results in mid-May) the better! From the likes on their facebook posts it looks like action is picking up!
COME ON, PACV!
All IMO only
Yup, and an NBA player I think. It's about to get really ugly!
Italy is closing everything EXCEPT grocery stores and pharmacies. If things continue to go downhill, then I expect the same here in the USA. People have to eat, so the acquisition of Seaport Meats (food production) & Farmers Market (food delivery) may be perfect for this moment in time for reasons no one saw coming.
I, personally, would split the workers into groups so you always have a team ready to go.
As for how things MAY play out.. I believe it's all in the first 8k.
All IMO
Yeah, and I'm not buying the "elderly and infirmed" crap either. They are trying not to scare people, IMO. Yes, your chances of a bad turn probably increase with age, but several healthy, younger Chinese doctors and nurses died in the first phase of the outbreak. Also, the so-called "elderly" who died in CA were active people taking cruises.
Remember, according to their guidelines Susanna Hoffs is "elderly".. & have you seen Donna Mills at almost 80?
I am also PISSED! I was very close to taking a position in Call of Duty X but was distracted yesterday & didn't want to overextend beyond what I was comfortable with. Fric!
All IMO
But the virus has already affected me..
I usually get my hair cut in an area that is currently under a State of Emergency and near a "hot zone". Had to buy a flowbee.. used it for the first time yesterday.
Idiot proof.. turned out pretty good!
Also, as the descendant of Spanish & I-talian royalty, I was surprised to learn Corona means crown. (Ok, maybe I knew but usually only thought of it in terms of aura)
As for PACV, the prep phase is good as people have been stockpiling meats in freezers along with everything else.
Shannon is the daughter of an Air Force pilot, and I am the son of a Navy pilot, so we sort of have this connection IMO.
I took yesterday's PR as a sign that the acquisition financials might be close, but this trade hasn't exactly gone as planned so far.. so we shall see.
All IMO only.
As they say, be careful what you wish for..
All IMO
Disagree. The Coronavirus is going to catch up with everything eventually, even the OTC.
All IMO
Yesterday, I thought blue balls & I had finally broken the jinx. Guess not, droopyeyes.
This is the best news since the 8k confirmation of the completed acquisition.. regardless of what it does today.
All IMO
I think tons of people are silently being infected right now in the big cities like NY, and these people will be the "breaking news" stories in late March and April. Going to be a total mess.
All IMO
Very sorry to hear this!
I never bother with or worry about stuff like that, but with what's going on in the world it's a good time to show what they have.
All IMO
Yup, and people are stockpiling meats as well. Perfect time to release the 8k merger details & get on with it!
All IMO
Wish we could see what the farmers outlet looks like right now.
I live near one of the hot zones and it's a mess. (lots of panic buying) Fauci thinks the virus could affect 60% of U.S. population. (A 1-3% toll is still millions of people.) Include a few high-profile people and the panic and chaos will really take off.
Even if the toll is far less than feared, the panic is already setting in and will likely lead to huge economic damage.
All IMO only.
I disagree about the Coronavirus, but it definitely is leading to runs on supermarkets. Would like them to..
-> get on with it!
All IMO
First & foremost.. I CAN'T STAND whining, Joe... but
My god, are we going to wait until the market takes a second huge leg down ..so the details of the merger are released when entire market is completely flat? It's bad enough they didn't get the 8k out during the huge market melt-up. I saw this Coronavirus crap coming weeks ago.
No news this week SUCKS for me, Joe... I damn well want the 8k! Should be due I think?
COME ON!!!
All IMO
Yes, Allen.. I've been in several big runners, but I've also missed MANY MANY more. Sometimes, when I see a runner that I miss or have passed on, I go back and reexamine the ingredients that were in place & I ask myself "How could I have not seen that at the time?!"
Whether this is one of those instances remains to be seen, but like Mauler said re: 75 days, if they don't drop the filings & financial & R/S info early, everything should be playing out in the next couple of weeks regardless.
All IMO
C'MON Shannon!!
PACV just successfully completed a great acquisition, the natives are restless and the Coronavirus hasn't scuttled the market yet..
-> COME ON!!!
All IMO
I can only post here until the metamorphosis is complete, but the curator can post wherever he wants.
With failure comes experience, and with experience comes knowledge, and with knowledge comes confidence (though not overconfidence), and with knowledge & confidence, the stage is set for success.
All IMO
I see the situation playing out a bit differently than you, but the deal was completed when the 8k was filed.. so TCA (for me) is a non issue, and the liquidation of that specific fund will take a long time to play out.(article said at least 18 months)
This all comes down to the 8k with the Seaport financials and the distribution of shares to the sellers. Everything else, from noise to current stock action is just (in my opinion) deliberate bs, nonsense & games that I've seen many times before over the years.. and sometimes (but not always) happens right before things really pick up. We shall see..
All IMO
I don't believe so, but it likely started after the new year.. so it could be anytime. We'll know when the 8k for it drops.
Was given one additional force ghost post by the curator.
All IMO
Very frustrating watching this from afar, as I am unable to post in amphibian form currently until the metamorphosis is complete.
That said, I believe you & Tatanka are the only ones who sort of have a handle on what is happening and how things "may" play out. There has been no dilution since the 8k confirmation of the acquisition of Seaport Meats, so everything that has transpired since that time has been B.S., flipping & nonsense IMO.
That said, I don't believe this was going anywhere until the R/S was approved by FINRA and the shares were distributed to the sellers as part of the deal. I believe those things could happen at any time and that is when things will finally, fully play out.
This has been a one-time force ghost vision.
All IMO
MPHHHHHHHHHHhhhhhhhhhhhhhhlipper MRPHHHHlowns
-> MMMMMMMMmmthphhhRRRRRRRRRRRRRRmmmmmmmmmmmmmuckers
PFFFFFFFFFFFFFFFFFFFFFFFFFFFFFffffffffffffffffffffffttttttttttt
PFFFFFFFFFFFFFFFFFFFFFFFffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffttttttttttttt
MPHh.... mphh....
-> MMPH!!!
shjklgklsljklf
Good night Joe frican ea? Canada & all..
Everything is becoming covered in ice where I am, the trees are bent over and the power lines are sagging. Hope I don't lose power right before this whole merg...acquisition thing plays out!
This may be my last post on ihub before any possible PACV 8k! Should everything go well, I shall return in a new and possibly spectacular form. Think Shazam or Food Guy -> Street Trader if you will ..but said metamorphosis is dependent on a successful mer.....acquisition.
Have a good evening.
All IMO
Indeed it has. I flip tickers once in a while but usually hold for the larger moves if I feel one is coming.
Strictly in terms of charting.. the weekly looks friggin awesome.
All IMO only
Yeah, as I was saying..
nice to see people from years ago who figured things out! I am still watching SNPW for the same reasons.. dilution plays can "sometimes" turn into winners!
I'm sure I'll see you around going forward!
MJAM2020, Holy fric!
I haven't seen you since the DIAS automotive showcase thing many years ago! I'm just watching this one from afar currently..
Nice to see people from long ago who are still around!
All IMO
Though I will say I am keeping an eye on USRM after seeing you reappear there. IMO you seem to have a pretty good feel for that stock and it's been good to you in the past. I didn't participate the first time around b/c of my personal issues with bow tie wearers, but perhaps I will reconsider in the future.
All IMO
I don't offer buy recommendations.. but IMO it's probably best not to follow the lemmings on twitter. So many people are about to get wrecked by following the herd w/o knowing even the basics!
Also, don't listen to people just b/c they have large numbers of followers. Some of the biggest BOZOS have thousands of followers, and some of the best traders (who I check on weekly) have maybe 40 or 50 but have been around for years and show up in winner after winner.
With this sound advice, I believe you can have a successful Tuesday in the OTC. Personally, I can't wait till the dark & defunct plays are given the delinquent treatment!
All IMO only
I returned in late October & added even more with the pre14c panic. I took the RS filing as good news, as I always thought it would be a part of any merger.
Will be interesting to see how this all plays out..
All IMO
I care, JB.
..& who's to say they haven't closed the deal on time? They have a few days to file the 8k after any closing. We'll find out soon enough, IMO.
All IMO