Don't be a FOOL! Stop averaging down into downtrenders.
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.
"The bears were fooled big time...Hopefully lesson learned...LOL...The longs are the big winners here!"
Yeah, clearly.
Seems like a LOT of folks got suckered into this beginning May 2018 when one of the biggest posters on the board started promoting the stock here and all over IHUB.
You can go back to May 2018 and see those posts like:
'glad I got in today at perfect timing'
'this will skyrocket soon. BUY AND HIDE!'
'now the time is right to get in at the cheap'
Etc, all from May '18, starting when price was .0037.
So, bulls and promoters have been playing this game for a LONG time.
I know I'd rather read posts that try to get to the heart of the issues here.
I'd rather NOT read posts that make every effort to get newbs and others to throw good money after bad.
Why NOT WAIT for a sign that ANYTHING is real w/ this company? Alternatively, why not wait for share price and volume to prove itself by moving in the right direction?
Remind me the name of the accounting firm that's had a good look at the latest financials.
I can't find it. For some OTC companies I couldn't care less - hell if the share price is moving in the RIGHT direction then it's all good right? I mean who cares!
But when share price can't get off it's ass, while Berman tweets MONSTER revs and profits and deals and contracts and blah blah blah that suggest if ANY OF IT WERE TRUE then there would CERTAINLY BE SOME SMART MONEY BUYING THIS, well then... you understand my concern, right?
Penny scams run up and down on hype & msg boards.
BUT ONCI IS SUPPOSED TO BE A REAL BUSINESS; why isn't SMART MONEY [don't make me explain] ALL-IN on this stock?
Why is daily $dollar-volume so pathetic? Is it because only a select few really clever retail traders on this board know about this hidden gem? Is that why we need to make a 'hot board' - to attract more retail dupes?
OK... if that's your thesis
Mostly I just post replies, in an effort to clarify whether ONCI is worth buying.
So many promotional posts = so many replies & questions.
I'm glad you find my posts interesting, there's so much garbage & promo and repeated copy/pastes on this board I try to keep it 'fresh'.
I'm aware Berman has tweeted that there's such a thing as 'paid bashers' on this board, and more than once somebody has insinuated I personally am part of some 'team'. I'm highly doubtful of anything Berman tweets ever, and I can assure you I'm not part of any 'team' here.
Penny stock scams are nearly 100% of the time on the part of promoters. Now, those who promote ONCI appear pretty amateur, so I'm guessing they're not professionals.
Regardless, just yesterday it was suggested [again] that somebody thinks the SEC should be involved.
I'd welcome that. An SEC investigation would force an audit, and answer EVERYONE'S questions, so sure, let's do that.
Who's discussing share count? Nobody even mentioned it as far as you know.
I asked when is the move to Colorado?
Don't forget:
"It's the OTC, everyone knows to only invest what they can afford to lose!"
[if only]
#teamBerman
"Cool off and take it easy. Things will be just fine here at ONCI. There is no place to go but up from this bottom level. Just buy and hold and let it ride"
There it is, if you're considering buying, or unsure what to do with existing shares: Cool off, no place to go but up, buy and hold and let it ride.
So nice, so easy. Comforting to hear it again and again.
Oh c'mon, half of that is just made up.
Can you go line-by-line and explain what he's put on there? Nobody can. It's in his head.
Why would you sticky it? What is factually useful about it?
Inb4 somebody says, "it's in the fins!"
"If it go up i will stop saying SCAM"
Well you said it WAS a scam so if it goes up would you call it a "successful scam"?
And because it has been going down, does that make it an "unsuccessful scam"?
You're not being very clear: it's either a scam or not a scam.
Honestly I think it's VERY HARD TO KNOW without some kind of verifiable info - A REAL AUDIT by a REAL ACCOUNTING FIRM would settle this once and for all.
Just imagine how rich Berman would be if his numbers are true and he was able to prove that, rather than just tweet it, or get his lawyer buddy to wordsmith some slap-dash paperwork for him?
How much higher would ONCI share price be? 10x higher? 20x higher? Gee, he'd sure be doing his shareholders a MONSTER solid if he just expensed a few bucks on this ONE ITEM.
Until then, we can't do anything that approaches actual DD, so calling ONCI a scam is just a guess.
I'm disappointed I haven't made the top 5 pages of posters yet, but hey, as is so often said on this board...
"there's nowhere to go but up!"
"SCAM will never change"
Can you explain why you think ONCI is a scam?
There are a TON of promotional posts on this board that clearly make the case that Berman is a brilliant businessman and needs to be listened to, and believed. We should ignore share price, and "buy at the cheap" because "confidence is at all time highs!".
Oncifuture, I think you should believe in onci's future.
Many posters have been claiming for a long time that share price has nowhere to go but up! So I'm confused, what is the scam?
"I don't know who stickied Dewms post ... Good point tho"
Should sticky the one that explains why the share price got cut in 1/2 recently.
I don't understand that particular post, but it sounds knowledgable, and I think it would help shareholders going forward to understand why price moves as it does.
[it's possible I don't understand it because it doesn't make sense, in which case maybe don't sticky it - I sometimes can't tell what's considered important here]
"You also forgot to mention it’s down 50% from 3 months ago and you forgot to mention it’s down 99% from two years ago. "
But that's silly, who would continue to hold a stock that craters anywhere near that much?
"How did the Tag Team do today!!! LOL,,,,,"
Does everyone on this board speak in tongues, or code or something?
Plain english on the board please:
What are you referring to, exactly? Why not just be clear?
Hard to discuss the company or stock price performance with such varied language, plus it gets weird if everything is an inside joke or something.
Please clarify your post, rather than just posting more of the same and filling the board w/ nonsense.
Help me John: what's this post about?
Uhhmm... so that explains share price movement during that period?
Is there a different theory to explain share price movement from say May 2018 when that poster joined this board? Or say from the climax move in Sep 2017 until cratering in early 2018?
I guess I still don't understand, but I thank you for your efforts again John.
I do understand the 50% down requires 100% up to get back to even part.
Pump was running strong May 2018 above .003, I remember it well.
To be fair those who suffered thru last fall have had opportunities to correct any mistakes made previously, but amidst all the hype I think maybe greed kicks in, and folks start believing they're awesome stock pickers rather than just lucky.
I've been there. We're all just lucky. And when you get some good luck take it when it's offered and don't look back.
Can somebody who understands this post please make the point more clearly for the rest of us please.
"This SCAM will never break .004 for next 2 years"
Never say never. I don't recall ever referring to ONCI as a scam, tho I've made it clear I'm unhappy w/ opaque nature of the business and financials; we're all supposed to 'just believe' Berman or those who tell us constantly to buy in the face of declining share price.
But some of the biggest runners on OTC have been scams. So whether ONCI is legit or not, anything can happen to share price.
In the absence of verifiable financials, I'm forced to wait for some other sign of life.
Of course we could all just 'buy at the cheap' while 'confidence is at all time high!' but those who have been around, have seen 'cheap' get cheaper, and 'confidence' disappear, so we wait for something to actually happen...
Well, if it's going to .01 by 'end of summer' don't you think there might be a 'buy-signal' of some sort along the way that might bring in "those who aren't buying down here"?
I've posted multiple times what signals I use, here and on Mary's board,
I have no idea what buy signals are flashing on ONCI here, but would be interested in hearing your opinion:
What signal do you have? Anyone else feel free to chime-in, possibly we can all learn something.
"Would these be considered abusive tactics under Rule 10b-5?"
I'm familiar w/ 10b-5, but no idea what you're referring to w/ this? This is typically used to prosecute insider-trading...
"After the DOJ finishes the criminal case, the SEC files a civil suit."
Who do you think would fear a 'criminal case' here, or SEC investigation?
What's your point in re to ONCI? Please clarify for all so that we can understand your cryptic posts.
Any kind of SEC investigation wouldn't bother me in the slightest, but I can't imagine how that would help the stock?
Again, please clarify your point, otherwise why even post?
John I nominate you to update the INFO page on this stock. You appear to make an honest effort to provide info.
I don't think the job would be too big, as most of the stuff posted above can be tossed-out as it's either old & out of date, or just factually incorrect.
Posting facts should keep it pretty concise.
And this one looks like a typical Berman enterprise...
But again, how could we POSSIBLY KNOW? Geez, even the folks who SPEAK TO BERMAN and share all their inside-info and post sticky's and craft the ENTIRE FRONT PAGE (all the 'info' above) can't post the correct sites...
Again John, thanks for your efforts. It really shouldn't be this hard to find FACTS, and I'm guessing you'll agree.
yeah that looks like my neighbor's old business
Just finished reading thru Shareholder Letters...
Ha, now I see where everyone gets their info - NOT from financial filings, but from Berman's PR.
Yes I see where he claimed to be starting up giftcardexchange... 5 months ago... when I lived in San Diego 15 yrs ago my neighbor was running a site that sounds the exact same; he appeared to make pretty good $$ but got out of the biz when he said he competition was getting thick, then the moved to Barcelona.
Barcelona for San Diego sounds like a good trade to me.
Thanks John for your efforts.
You'll notice that specific post was an effort to find the website for giftexchange.shop as it's posted above all the msgs.
I was corrected, and told the *new* site is giftcardexchange.shop
BUT, that site doesn't work either.
I was curious because of course there were days & days of pumpers here telling how important this *leg* of so-called Hexagon would be.
Just another oddity about ONCI - another leg w/ no working website & no clear way to conduct business.
Call me a basher for asking questions - I'm just trying to understand how the company operates, and trying to perform some basic DD.
Unaudited financials prevent that, so I'm left scrambling to verify if ANYTHING at all is real here.
Not easy to do.
PROMOTIONAL PUMPS
I see from my recent 3 month absence that nobody needs me pointing out the obvious PROMOTIONAL PUMP by certain cretins on this board. Share price got cut in half from .002 to .001 most likely DUE to THEIR constant promo, which is so immature and asinine I guess folks see thru it pretty easily.
If ONCI ever produces ANYTHING verifiable, or absent that, if share price starts moving in the RIGHT DIRECTION, then maybe I'll change my tune.
Thanks - that also goes to a non-working 'parked' site.
I DID OFFER to update everything on this page to what-are-known-to-be-facts, but haven't been contacted to do so.
So those who make an effort to discover truth have trouble backing up the claims made here. Shouldn't be so hard for a legit, operating business.
From top of this page:
6. GIFTSHOPEXCHANGE.SHOP
Wtf is that? is there a website? I know Berman made a big deal about this a short while back and it was promoted heavily in posts here, but obviously there must be a working url, I just can't find it via this page or google.
IS THERE ANYTHING POSTED ON THIS PAGE ABOUT THIS COMPANY THAT IS TRUE?
Please let me know, I scroll thru the "company info" posted above often and whatever I attempt to investigate comes up EMPTY...
Timeline? What timeline are folks referring to?
Berman claims to make sales & profits hand-over-fist, every month. Granted, many of these outrageous claims have slowed recently while he scrambles to get OTCMarkets off his back...
But for those who claim to be patient... what exactly are you waiting for?
More importantly, HOW WILL YOU KNOW WHEN TO SELL? Do you have ANY PLAN for that, or are you waiting to be told by the same folks who convinced you to buy at higher prices because 'Berman's a master salesman!' (no argument there...) or because 'confidence is at an all time high' (not by anyone intelligent) or because '$HEXO$' (doesn't exist) or because 'sifthouse' (unlicensed) BS, or...
why exactly DID you buy this? - and if you're underwater, why would you listen to those same folks now?
Going forward, when will you sell?
I believe good luck is the best thing to have in life, but those who actually have lake houses know that a little planning helps as well.
"Those who are in business understands!"
Those who are in WHAT business, understand WHAT exactly?
I'm familiar w/ successful businesses, and inspiring leadership. I've also seen a few failures, especially w/ sub-penny roll-ups.
For those familiar w/ 'business' as you say, ONCI definitely resembles one of these.
"Every time try to be nice and support this SCAM"
I recommend you never support ANY scam. Trade them sure, but trade them quietly - if you make a big fuss about it (or get on the most read board) all you do is broadcast to the entire community that it's a scam.
Best to let winners run quietly while you cash in, scam or no scam.
Once word is out that something's a scam, it's MUCH HARDER for it to run meaningfully. Sure, occasional bounces...
Likely why ONCI struggles so much:
1. Probable scam, PLUS
2. 1000s of ridiculous promotional posts, EQUALS
3. LOT OF EYES ON IT but nobody buys something that continues to drip lower, because there is NO CATALYST for it to move higher except PUMPING.
When the pump works, and price moves higher on volume, THEN the ticker may hit some stock scans and bring a few folks in.
The ones who know how to make money on sub-penny garbage are waiting patiently for a move, while they're currently quietly trading OTHER tickers that have popped up on their scans.
And they ain't scanning for lies...
What 'team'?
I call TOTAL BS ON THIS
Post here anything that backs up this claim
I've attempted to engage others here, but rather than hit 'reply' you all hit 'new post' to somehow protect yourselves...
You keep pointing to financials, but when I've posted direct quotes and links and pictures, you respond w/ nothing specific, but an attitude that you're the only one who understands the filings.
PLEASE PROVIDE THE SPECIFIC FILING AND PAGE NUMBER YOU'RE REFERRING TO when you say, 'it's in the financials' or 'see the fins.'
You imply that you've read them but I've gone thru ALL OF THEM for a couple yrs back and can't find answers to questions I ask, othewise why would I ask them?
If you can't answer, why not just admit that?
You claim 'some don't understand the business' and 'there are no cease and desist lawsuits', others claim removal of YIELD sign...
Gee, that's some bullish thesis there.
Who are the 'vendors' you speak of? What filing and what page number pls?
Thanks
Sometimes you gotta answer your own questions when others are unwilling or unable.
Good luck to Bulls this week; Yield sign should be gone and hopefully some upward price action.
C'mon man, give Berman a break; it's possible none of those things were ever actually intended, or maybe he has something bigger and better in store...
Why don't you follow his twitter, or phone him like everyone else and get the inside scoop?
(Maybe try decaf while you're at it)
Of course, running a highly successful company w/ $100s of thousands in revenue every month makes it hard or unnecessary to accomplish stupid things like audits, name changes, re-domicile to Colorado, updated websites and stuff like that.
Nevermind, I recall seeing it in company filings from 2017...
Along with promises of audits, name changes, re-domicile to Colorado, updated websites and stuff like that.
I can only imagine how well the stock *might* perform if ANY of those things came to pass...
Hey, maybe 'end of yr 2019!' or something like that...
sigh.