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True. OWCP comes to mind, among others. I have seen hyped up stupid blue jean companies go from trips to .20 on nothing.
With ANY news, this could pull one of those .05 to .20 in a few hours moves that every one daydreams about. Only seen it twice but it is a thing of beauty.
It looks like most are doing just that. If people continue this pattern, all these crazy pps projections are possible...
Trading like investors have most of the float bought up and not looking to sell for quite some time.
Exactly. I have put in 911 orders in the past just to see the reaction on the board.
Just look at the volume. 26M+ to push this up to .035. Approx. 8M to drop it red.
Make sense? Where will it go next?
Yep. Once they clear out stop loss orders and panic sellers it will jump right back up.
It's hard to watch the same $hit happen to newbies everyday but...
Everyday. Big push to start, followed by big dip that clears out all orders in the new range, then steady march back up before another push forward. Getting to be like clockwork.
That really just depends on us (the investors) at this point. Everyone always talks about float lock downs but watching the board that actually looks like it's happening here. Investors just have to decide where they want this to go now...
It has. Look back to how this whole thing started, there were about 4 or 5 days with 300m to 500m in volume without too much pps movement. Since then it seems to trade like a stock with a much smaller share structure. I know there is a good base of investors here holding on but I feel like it wasn't just ihubbers and Trader53 minions buying back then or this wouldnt show so much strength.
This is what I've been thinking. IF they are gonna retire and/or announce a buyback to improve the SS they would've had to buy tons of shares a month ago when it was still in trips. Now, it would be way too expensive.
Yes. You are quite annoying.
Nice prediction on the '20 points down' call by the way.
L2 jumping all over the place now with huge spreads between ask and bid. No shares left in this range, they will have to take it well into the .03s soon.
It dropped. Now buying in power hour could blow this up...
There have been many posters who have said that over the last month. All have been wrong thus far...
So very predictable. They all show up simultaneously with the low volume walk down.
3m in sells after 80M in strong buying and we are supposed to believe the sky is falling...
Once this starts jumping .001 increments at a time look out. L2 is showing very little resistance all the way up.
Could end up being today that it starts moving multiple pennies in one trading day...
Yeah. Have my sells set currently at 1.50. That's maybe unrealistic but we will see. I'm definitely not selling any until at least .10 also.
My cost basis is .0016 avg. for 3M shares. I suppose I could've gotten in in the trips but I'm comfortable with the way things have worked out. I did sell 1m shares to secure profit and do kind of regret that however...
Yep. They have said they are looking to make share structure way better for investors.
Not sure how they will do that but it should be interesting.
Anyone ever seen a share buyback in pinky land and how that works?
ANDI does currently have 20x as many shares in the float than the one you mention but with continued interest and progress by company this could go to that range.
The key is that the majority of shareholders see it as a possibility and hold on for the long haul.
Not sure where the breaking point will be but at some point this will jump multiple pennies in a hurry. Just too much interest and seems not many interested in selling at anywhere near the current pps.
Yep. Clearly someone doesn't want this to finish over .02...
Been calling it for awhile now. I thought once it broke .02, but maybe .025 will be the point. See it a lot, jumps from that level to over 5 cents in a heartbeat.
I agree. I just got 200k more myself. Many don't get it though and follow same pattern every week.
Last week we had a strong power hour on Friday only to have a lil sell off right before close.
Just 10M would push us well into the .02s currently...
Will happen at every level in the pink world. Friday afternoons can sometimes be the worst as swing and day traders are trying to get out before the weekend.
It looks like it was just 2M shares. On a day that has had good volume and upward movement that ain't much. Just thin both ways currently as most of this range has been bought up...
Getting very close to that point where selling totally dries up in the penny area and this starts moving at much higher rate. Have seen it a couple times, once strong base at his level is established it can go to 5 cents in a heartbeat...
Agreed. Big volume last couple days with low float = big potential for a good move which CRQE hasn't had in awhile.
Still could get a 10-bagger in my opinion. I got in at first plateau after jump from trips and average at .0016. Thought I may be late to the game back then, I was wrong!!
Very possible this afternoon once we week out the flippers selling into news and new highs.
Should thin out big time once we break the .015s...
Yes. Made about 2k. Just lucky cuz I was in weeks ago. Could have been more but I never thought it would spike that high.
True. Anyone who is selling currently isn't the brightest. This isn't the kind of news you sell on. This is the kind that signals way bigger things to come.
With this potential, not sure why anyone would sell below 5 cents.
This is true. We have tested .0149 twice without success and it is the true breakout point.
Accumulation in .01 to .015 range is huge and people will hold for much more once it breaks. Could be quick ride up to .05 at least...
It could very well be fake.
Bought 4M shares 2 weeks ago on a tip based off of low float.
Set sell at double the cost and easily ripped through my sell this morning. My dumb a$$ could have sold for almost 3 times what I got, but who knew it would spike that high... Guess that's the appeal of a low floater.
That is what I am saying. Ask is building because it is a good profit point for people. No dumping on bid, yet, which is good for profit takers but if buying dies off, they will dump on bid by end of day.
Sure they will. 6s are likely the selling point for all the pumpers that bought at 2s and 3s. The ask will likely just continuously reload until buying pressure runs out.
Could be wrong but...
No $hit. Well aware of the process, it's the massive hype and ridiculous predictions that I find amusing. Boiler Room stuff.
Sure. A market value of 1.95 Billion seems reasonable here.