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WTF! Almost 3 million shares between here .0045?!
There's no way someone is dumb enough to sell a position that way. I really think someone is just trying to sell short in thru here. Hopefully, news will drop on them like a ton of bricks and their order not only gets picked up but they are forced to cover!
Is it possible that this 2 Million seller is someone trying to short this rally?
I haven't been to the retail space but I am familiar with the European Village area. It took a HUGE hit with the economy. The entire complex is in darn near pristine condition. Just needs a good vacuuming!
I LOVE this PR!
No speculated dates or anything like usual. The retail space has closed, plain and simple. Next step is to do something with that space. No point in putting out PR's that aren't specific anymore. Black and white is all we need.
That being said I'm not invested in OTOW for the short term. I might take some profits on a rip, but I'm here for the haul. Reading this board daily might not be the best place to come for confidence but as long as your game plan is intact stick with it. I would consider mine not intact if OTOW got de-listed, which isn't going to be in the near future!
Wasn't .0011 the all time low?
I thought .06, .045, and .025 was the bottom. Now I don't bother to try to call the bottom (aka catch a falling knife). The bottom is called when we run up!
I like think that movements in these type of stocks are predetermined by the owners of a majority of the shares (TEX LOL).
We all pretty much agree that the down draft as of late was over exaggerated and if we can get some momentum I don't see any reason why we couldn't see .0199 again soon.
ALL advertising companies are PAID for their services. If you check out that site you will see it is "double opt-in" and FREE. This means that you must CLEARLY choose to receive their stock tips.
I for one am excited that Val chose to go this avenue.
"Featured Profile" Has anyone seen this on OTOW?
http://www.shakerzandmoverz.com/
This could get us some momentum...
ETMM Ask@.0048 for 2,125,000 Shares?!!!
I agree with that, but I was referring to OTC/Pinks in general. It seems that some days people HAVE to put their money somewhere and a start-up is "sometimes" viewed as less risky than moving with the overall market sentiment.
I'm not looking to debate ""sometimes" viewed as less risky" as I was being ironical!
Maybe as the Market Tanks Penny Stocks will RUN!
If you "knew" then why go there?
How could you say volume has nothing to do with the chart yet consider yourself technical trader? I throw out the highs and lows because the true trend usually lies within the middle for support and resistance. If I were to buy long here I WOULDN'T set my stop for .0024, thus the reason such an abnormality would get tossed.
I too am a Chart Trader, but I also watch this stock like a hawk. As you should know, always throw out the highest and lowest sales when charting. It touched .024 with less than a 50K share sale which was an fluke. Regardless how it happened (I'm assuming a private sale or MM manipulation that got us on a Trade for Trade basis) the following trade went off much higher.
If you look at the chart this stock hasn't been down there in quite a while (months). These same people would have unloaded at the highs if they were looking to take profits. I don't this is fear selling hence why I assume that its a short tactic.
I assume a short because why would someone unload their shares down here when we were double this 2 weeks ago. I've been watching the Level 2's for months and its an obvious short scare tactic to put a LARGE sell order on the board to drive the price down lower out of fear. Someone is trying to take this to .001 again and without news to the contrary it could happen.
Allow me to introduce myself....
New poster but longtime reader. I've been holding several million shares long (selling the rips, buying the dips) for over 16 months now.
My long term hope is this company gets bought by a larger fish. This is the goal for most "disruptive carriers" (i.e. Metro PCS, Leap & Cricket). And for those not in the wireless industry the term disruptive is not an insult. Many of those company's were created with the expectation of taking market share and getting bought out. I feel this is what could happen in the DR if things get up and running. There is only 1 competitor down there now who price gouges with no regulation.
OTOW is just in need of getting noticed. Stateside they have a "triple play package" that will allow it to be competitive and truly benefit the end user.
We need solid news of revenue and or funding to make me want to stay for another year in this stock. The wireless industry is in unexplored waters now with the big 3 or 4 trying new tactics. A Startup company could flourish.
REALLY?! .5 Million shares for Sale @ .0052
How does that NOT look like someone adding to a short position? This person has been accumulating since .009
What does it take to get "put back on CNS"?
Over 2.5 Million shares being sold below .0088 with almost 1 Mil at .0056.
Wouldn't that seem as though someone is just adding to a short position? I was under the impression trade for trade would stop this kind of trading.
Hi All. First time caller long time listener.
I agree we all needed some news but this is quite anti-climatic. Is disconcerting that the CEO didn't make mention of the "Trade for Trade" status until now (over a week since it started). I was under the impression that it was a good thing for this stock (no more manipulation) but the fact that he wants to get it removed gives me second thoughts. It seems as though he wants to put out news as much as we want to read it but none of it has "meat".
With all that being said this is a Penny Stock, and this is the road you travel on. I generally like to load in on dips but I might go a little lighter until we have real, solid news.
OTOW Long and Strong!