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Here is what is going to happen. The stock will go up on technicals based on the pincher play that is forming and waiting to pop. Most people will get out because they've lost a shit load of money from this company. Any contract or contracts the company receives will just be further diluted on a run. You'll see people getting off the boat and some might jump on, but after a day of green it will be right back under a 0.01 with the steady decline we've seen since last February. Unless CERP receives a contract that gets them out of debt I don't see this stock going anywhere. Stockholders lost confidence due to them diluting the OS to over a billion shares and it's just heading towards two billion for them to R/S and repeat the process. At least all the money we've given them is financing their luxurious lifestyles. We will see a pop soon and maybe get back to 0.014 or maybe even 0.02, but I don't see this going any further than that. If anything I agree with the people saying 0.003. Seems more realistic given this company's horrendous track record.
Jaylin you are correct. This is definitely setting up for a pincher play the question is how high will it go? When it was down around here last time it hit .068. Let's see where she goes this time.
The RSI is extremely oversold. I still don y think the next pop will be that much but hopefully it is enough so I can get out of this diluted POS.
The price won't go up until they stop diluting the OS.
Yeah boom as in bankrupt. This thing has been on a steady decline since it hit 0.068 idk wtf half you people are looking at? The CEO diluted the company into oblivion. We may get a bounce to 0.012 - 0.014 but I doubt it. Scheer ruined the company due to poor management. Five dollar stock went down to subpenny...feel bad for anyone still holding from that range.
What are you smoking? The day this dropped there was about 46 million in volume. A lot of people are selling because this stock is a pos.
Based on what Skyline? The Q3 was horrendous. Even with a few million dollar contracts they will just dilute into oblivion and RS. The BOD will stuff their pockets with our money while shareholders get raped. But hey that's America for you.
I don't know how to do that from my phone. Half the buttons on this app don't work. I'll have to do it next time I'm on a computer. Thanks.
They voted on it for a reason. Once two billion is reached that's what they are going to do.
Who shorts a company at .013? You'd have to be a complete dumbass the risk far exceeds the return. Now if this was at .10 or somethin then yeah that might be more believable. If dilution stops this should climb. Someone is grabbing shares.
Having a feeling doesn't change the PPS. The stock has been accumulated for a long time based off the MACD, but if dilution continues we're looking at subpenny. The fools on here saying .07 and .10 have their heads in the sand...we can't even break .02 yet. Hell if we break the resistances up to .03 I'd be surprised. The OS is well over a billion by now.
Pump pump pump it up. Hopefully this climbs before the conference a bit...we all know its gonna tank afterwards.
I read that....never heard of this happening before.
Wtf is going on with the OTC?
I actually agree with you Skyline. Despite extreme dilution the pps is holding in the 0.013 and 0.014 range quite well. We are trading sideways. Either gonna pop or bust in my opinion we wI'll find out around Q3.
Merger just means shareholders will most likely get screwed as it will probably be a reverse merger since this company has a lot of debt.
Wallstreet you are correct. There has been accumulation since October. Hopefully we see the breakout soon that is long overdue. Good luck.
Hoping 0.013 is the bottom. Looks like it based on the decreased volume each day. With Q3 around the corner it'd be nice to hit at least .024 to .03 again. We shall see.
Skyline I've been in this stock a while. I read the news. My average is around 0.018 with almost 400k shares. I'm waiting for the next pump as we near November 11th. Idk why but on the mobile app I cannot directly reply to posts...just doesn't work.
Skyline I highly doubt by next summer we will be a dollar. Regardless of contracts the pps is affected by share count which continues to go up from dilution. A year is the near future. Maybe by then we will break 10 cents but not a dollar. I would rather get out once we hit 2 or 3 cents again and wait for these clowns to reverse split. Then I will get back in...you know that's what's going to happen. Everyone's money will go to nothing.
Skyline we can't even break 0.03 range...wtf a dollar. Get real dude, maybe with a reverse split. The company is still in the negative and is heavily diluting shares. Maybe we can get back to the 0.03 or 0.04 cent range in the near future which would make me happy.
I think there is huge support at 0.013. This company is so incompetent though they should have released nothing today instead of these POS PR's they continue to hold on to for dear life. It's getting old and the reason the price goes down.
It's trading in a range atm. Now is a good time to buy for some small short term gains from pops. This has been a great stock for short term trading.
Think you may be right due to the trading range. Picked up another 200k at 0.014. Took forever to fill my order.
Dilution, dilution, dilution...seriously how much lower is this gonna go.
This is just a pump and dump...I actually received an email about it from one of those sites. This stock is a pos.
Dilution is going on. Probably well above 550 million by now.
lol is that a joke?
700 to 800 k and the fact they reduced expenses by 600 k means they are progressing forward. Potential is what makes this soar...the only thing holding it back is dilution. It can't really go much further down so here are the prices you should be looking at for a point of entry.
Flip the stock...you trade penny stocks. You don't invest in them.
There are other resistances other than 0.02 I hope you know. At least 5 or 6 before 0.04.
They are going to dilute until the 2 Billion OS is acquired. It will have small runs, but I really don't see it going past 5 cents at the highest because of the dilution. With that said if you bought in around 0.017 and 0.018 you're in good shape imo.
The R/S won't happen for a while prob by EOY. I think we will see another run soon maybe to just under 4 cents (might take a month or so). Then back down. You can't trump dilution.
After they hit the 2 Billion OS and initiate an R/S...dream on dude. Flip the stock. The CEO continues to dilute this thing into the ground instead of letting it run. He cares about his pocket, just like I'm sure you would in his position. 1 dollar lol, we can't even hit 7 cents.
Yes but before every run it does this. Look at the past three runs. If it closes below 0.018 then we have a problem. Company is dumping too many shares though and doesn't care about the pps so it's a crap shoot from here.
Anything around 0.018 is the time to buy...not to sell. This is the perfect time to grab a boat load before the next run. I feel bad for the people who bought high and didn't sell when they had the chance, but that is their fault. Buy at supports and sell at resistances. 0.018 is a pretty big support. We shall see where we stand soon enough. Wonder what the numbers were on those 3 orders they mentioned about a few weeks back? Only time will tell. Good luck shorting this Supra.
It would be nice to see them stop dumping. I wonder where we would be when that happens? Good luck.
I think they are just waiting for Q2 to come. Think about it, they released news on Tuesday about new orders in India. My guess is they are diluting until the release of the Q2 results, which would explain the sudden decrease in PPS. For as much dilution as we've been seeing the PPS has stayed quite strong imo. Might be looking at the 0.05's or 0.06's very shortly...even if it's a small pop. I'll be out and looking for a re-entry point. Good luck.
Yeah I got in at 0.027 thought it was gonna bounce back above 0.03, but I was wrong. It will eventually. What about you man?
Numbers. They want to see actual figures. The article on Tuesday was good, but it didn't specify the sales so it has left room for much speculation.