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This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.
All right...explain to all us what it means...
Will you be glad to see this above 0.01 presplit or higher than $90 again? I don’t this so....and it’s likely to happen...
https://www.otcmarkets.com/stock/WDBGD/overview
It’s stated here clearly: Penny stock exempt...means it will not be traded under $5....
If forward split it is a chance for 10:1...to have at least 1250000 shares from 138000...but the share price should be higher than now to match Nasdaq Requirements minimum price.....
I think it will open higher than closed...$39-$40 open...consolidate til $32-$30 mark and then will go back to upwards...I don’t expect it will reach $69 or higher tomorrow...however I expect the close on $50-$60 mark tomorrow...I may be wrong but it’s my opinion...
We should hear back from MD soon...I’m sure...as long as you do DD you will see that WDBG has a big potential...do many stocks do the same move upwards after R/S as WDBG? Of course not...in reference to cat bounce...if you see another high this week ....I mean the stock jumps over $69 mark then it definitely not the dead cat bounce but something bigger...or the next leg up...we shall see...
Also, have you noticed also by chance that WDBG penny stock exempt?!...
The bottom line here is WDBG is far a not done deal stock...it’s just the beginning...too much to discover...
I rebought 2 million shares at presplit price 0014 which is 222 shares now and still I don’t think that I’m stupid to hold it further...the downside risk has passed already with RS upfront knowledge...now nothing will stop this train to go up...get in till it’s too late...
I could have sold it on Friday but I know what happens next...so no reason for me to sell...at this point I’m ready to risk...small risk vs big reward...
This week will be good for all longs...a lot more is coming...we definitely break the last week HOD this week...fasten up your seatbelts tight and let’s enjoy this ride together folks...
Does anyone know what’s the RSI here now?
For those who short or who sold this Friday because it’s a done deal...as you were underwater and now have some smaller gains...and please just confess guys if you feel good when you see it go way higher than you just sold due to recent shake fear....of course not...you will be more surprised this week....be ready for the worst and expect the best...
So...if it hits $69 and go higher this week that won’t mean for you a dead cat bounce...right....? According to you $69 mark is the highest, correct?
What happens then if it goes over $100 mark...let’s say hits $150... this...still cat bounce or what will you say then?
Yesterday max was 0076 presplit price and we closed at 0039-0040...still higher highs and higher lows...Monday I expect to see the higher lows and higher close...next breakout most likely Tuesday-Wednesday....
Nah...it will stay high and will get even higher next week...don’t worry...lol
Bottom line folks...no other news now could move this down...all the worst we passed with a big bump...now is blue sky...no other RS etc...other BS in the nearest time...so have your belt fasten right before the next move...coiling before the next monster move as goat stated...agreed 100%
Tuesday-Wednesday very possible...Monday we could have a run only with a solid news over the weekend...otherwise it happens a day or 2 later...just a matter of time at this point....
My prediction for Monday....we may fill the gap between today close and today HOD and we might have even higher high on Monday...Tuesday-Wednesday should be a massive run...
Consolation time is up...now we are heading back north...
Last we had news about RS and it was a massive sell off...now I don’t see any news which could cause to another sell off...so it looks like not other way except up up...and up...
Today drop just was to fill the gap from yesterday move...so we are in the good shape folks now...
It’s a small shake before the next run...usually before the big run it happens...
Nah....Going back now to the run...just a consolidation drop as I stated before...nothing we have to worry about today...
$45 is nothing....how you will like when you see people spend $100 to buy per share...lol
I have a strong feeling that after lunch we will break $69 HOD today :)
Strong support at $50...it’s not going lower...only higher from this level....
It’s another small consolidation before the next leg up...that’s it....
I’ve told you it’s a good buy....
As MD stated earlier...longs will be rewarded...
Don’t worry...tomorrow will be higher...
Tomorrow will be a full blow out...
0041....pre RS price...and we are heading straight back up to fill the next gap...tomorrow we have a change to touch $100...
What floor will we stop by end of today 3rd...maybe 5th or 7th or higher...who knows...
Now you got all you money back even some surplus...
Nah....it’s just a small consolidation before the next breakout...that’s it...simple as that...
Coiling before the next push...
Looks like another solid day today...what do you think...?
Who knows maybe it’s next phun....
Now we are talking...
Cool...0028 presplit price...and we are going up...
Now we are filling gaps up quickly....