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I feel this was calculated. Think about it... great things are happening activity wise with NO official news. Then this POS filing chalked full of negatives with no positive outlook. A few hundred million shares change hands but this doesn't go below 4 (except for that weak paint job).
What happens when none of the shares bought at .0004 are available to buy (as in, they are being held and locked up), and all the 'strong' hands still holding refuse to sell.... then we get hit with the news detailing future revenue from these movie deals? No one will be able to buy shares unless these sellers make them available.
Just one possible outcome this week, imo.
You got it. Sure, the 10Q won't show revenue, but Dan can certainly tell us what the expected revenue will be for both movies in the current quarter.
Despite all the crap something else seems to be up... That is a LOT of buying there at .0004, even .0005. Looks like this was brought down for someone or a group to load up for a crafted run.
Watch this close green. Silly OTC.
OK sorry for the confusion - I was thinking they were standard Jan-Dec. We are in agreement then - filing due 45 days post end of Q3 + 5 business days with the NT.
What is their fiscal calendar? Dec-Jan?
Bye Bye 7's! See that 10K go at 6 right after 2M at 7? some trying to keep it down still but MILLIONS just went. Now trading 8's.
AGREED. No one is selling into the bid. It touched 6... so what? It did so on no volume. Those holding shares are making a clear stand to take nothing less than 8. Still predicting we touch 9's and have some good volume at 8 by the end of today's session.
Yes, we certainly did... those 5's I picked up today (even yesterday's 6's) are looking pretty nice right now.
Looks like 7's aren't just being painted. They are TRADING! over 10M right there.
So many are holding their finger over the buy and sell button just waiting for something to happen. I hope everyone got the 5's they wanted because I think that may not be an option for a while now. Still should see some 6's go before bid starts building on 7.
The problem with that is anyone can place a '911' buy order on the ask and, as long as every order isn't AON it will get filled.
I see these 'signals' all the time and can certainly tel you that I've seen many 911 orders clear, a bunch of Ihubbers shout about news, then see nothing for the next 2 months.
Not saying we won't see news soon, but when we do it's not going to have anything to do with MM signals.
lol called it.
Bingo sir. I've been gradually buying back in starting at 7 with increased amounts at 6 and even more at 5. Got my stash nestled in at a nice low average pps waiting for the move.
I couldn't get any 5's yesterday but did manage to get some this morning. Downward momentum looks to have cooled off significantly. While this might 'touch' off 4's I don't foresee them as being a good buying opportunity.
It also looks like most sellers exiting at 5 are done. Will likely see more as the session continues today so keep your buy orders in and hope you get some. I am expecting this to start moving in the 6-7 range tomorrow and gradually increase as we get closer to October 23.
We're still #14 on the most read board over the last 24 hours (over 25,000 reads). Obviously there are plenty of eyes on this. Talk about manipulation all you want. MY opinion is that the majority watching this are doing just that - watching - and waiting for a catalyst. Right now there isn't enough to warrant an abrupt upward swing. Once that catalyst hits expect lots of buying.
As was hinted at previously on this board, there is likely a legal reason behind when MHYS is allowed to release official news.
I picked some up earlier. Had buy orders in at 6 and 5 when this was trading 7+ this morning. Unfortunately my 5's did not get filled..
I'm dissapointed my 5's did not fill on that dip!
Alright! 6's order just got filled - now let's see if my .0005's get filled that I also placed this morning..
C'mon MHYS fill my .0006 order I placed this morning! YOU CAN DO IT!
Prediction for next week:
This will go LOWER Monday-Tuesday. I will get a nice low re-entry price.
MHYS will then pop HIGHER by Wednesday. I will sell and make enough money for 300 $1 hookerbots or 1 $300 hookerbot (Futurama.... anyone?).
Then this will go to <up/down> to <I don't care> price because I'll have profited!
INSERT GENERIC COMMENT ON HATING THE GAME AND NOT THE PLAYER HERE
Not sure if anyone posted the contents of the email Peter sent out last night/early this morning to I guess anyone who's ever emailed him regarding the company's stock, but I've included it below. I haven't paid any attention to HPNN since it was hanging around .0007, but just thought I'd pass this along.
Hop-on is attending the HK Electronics Fair 2014
Dear Hop-on Shareholder, I have not forgot about our new shareholders meeting I promised. Hop-on has been working hard on bringing products to market utilizing our Microsoft Android and Chrome OS agreement. We have be working strategically on some specific Android and other bundled consumer electronics that will be a huge success globally.
Hop-on will have a booth in the Convention Hall and be focused on servicing especially Chinese ODM and OEMs towards market entry requirements for American and European markets. Our services cover conceptualizing of better and more innovative products, licenses, patent registrations, logistics, support and gaining retail agreements. These are clear weak points for the vast majority of the Chinese electronics industry when they aim at expanding into America’s and European markets. While the Chinese electronics industry is today world-leading in low cost high volume manufacturing targeting high quality standards, it is still far behind when it comes to getting innovation onboard the process and support getting such innovation turned into business through patents and licenses. Hop-on can combine the staff’s deep experiences in creating innovative products matching consumer expectations in America and Europe with our equally deep experiences in turning the innovation into patents and seek license agreements from competition when possible. Our approach will include the concept of “Open Innovation” where we can effectively bridge Chinese companies with the foreign leading and typically more innovative component and software vendors. In today’s world of Chinese Electronics manufacturing, typically these companies buy off-the-shelf components and software yielding no effective differentiation rather than using the Open Innovation approach seeking earlier involvement in defining the critical components and software to accommodate their ideas and need for differentiated products.
We will focus mostly on companies doing smart devices involving the Android operating system for a number of good reasons. Foremost, our recently signed agreement with Microsoft concerning Android and Chrome licenses enables us to offer a unique license package to vendors that makes their products compliant with the license terms necessary to gain access to the major retailers. Additionally, with Android being the all dominating operating system reaching more than a billion units sold globally this year (Gartner’s forecast is 1.17 billion) we are exactly at the right timing for turning our Android license package into successful business.
During the show, I will be sending all short videos on Twitter for your review.
I look forward in sharing our progress in the market.
Thank you for your support,
Peter Michaels
Hedged risk by taking 33% profit. No regrets if this continues to go higher -- AND I HOPE IT DOES!
HOLY BUYING BAMAN!!!
Just got back from lunch lol what the hell happened here
Look at all those 8's trading at EOD. Might see the buy pressure continue into close and make the jump to 9's with anticipation of official news regarding movie starting production.
Great find sir, glad to see things are moving along smoothly.
Still plenty of activity on this ticker this morning... people cutting their losses from the drop or acquiring for the next movement?
I'm out. Not enough activity this morning to make me think there will be any real movement today. Beat my profit goal already yesterday and got rid of the rest this morning.
Enjoy debating small town Canadian politics.... I'll jump back in for another healthy flip if/when this takes another steep dive.
Good luck trading!
You all get way too emotional on this board. FITX is a penny stock. Buy it, sell it, make some money, move on. If you are getting emotionally attached to it you're doing it wrong.
Closed nearly even yesterday after a huge drop. Up a solid 10% today while the majority of of the posts here were complaining about how bad everything is. Personally, I'm pretty darn pleased with today's session.
Looking forward to what tomorrow brings so I can flip the rest of my shares going into the weekend.
I'd say it's already been a nice flip. It beat my profit goal already by 11% (was looking for .054 at first before it blew through that).
Wow thanks FITX! Those shares I purchased yesterday are up 38% in 24 hours! Not a bad payday; unloaded 50% at today's high and holding the rest to see what happens tomorrow.
ALWAYS HEDGE BY TAKING PROFITS!!!!!!!!!!!!!
Oh no! You're telling me a company vested mostly in the start-up (PRE-production) period of their business has more expenses than revenues?? HOW COULD THIS BE????? Oh wait, that's completely normal. In fact, if they didn't already have other revenue sources it would be $0. Of course they aren't generating revenue from this yet, they can't produce yet. From the article:
"As the venture continues to accumulate liabilities and incur net loss, the landscape does seem promising."
So nice of that author to spin the information to reflect poorly on the company.
Don't get me wrong - I'm not holding this long, but still that bugs me.
Bullish opening.. Is the Health Canada website supposed to update today or tomorrow? I recall some posters on here who had spoken with them say it takes 2-3 business days for their website to reflect their application status after it's been decisioned.
pps looks pretty great for my .0425's!
Well I'm in for the FITX bounce play of the week! Gave myself a mini heart attack as I set up a purchase order at .0425 when this was falling from .047 and I had a meeting to go to for the next order... got back to my desk to find my order filled and already up 13%!
GOOOOOO FITX!
And I'm out. Sold my remaining shares at 4. Thanks for the 33% gain MHYS!
I have no reason to down on those still holding and no reason to bash this stock now that I'm out, but I caution - as always, in my opinion - to take your profits when you can in the penny market.
Sure, this has the CHANCE to go up. So do hundreds of other at or near trip 000's. Just be careful to do YOUR own DD and not rely on the advice of others here or on other forums. If you are confident in this, buy, and hold long... I really do hope it pays off for you and best of luck that you have a 10x bagger; I'll just be satisfied with my trades either way.
GL MHYS!