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Yup. We (the "bashers"..) have been trying to warn people.. buying a couple mil at 0002 is one thing, but the peeps who bragged "just loaded 30 mil at 002" broke my heart...
MODS.. is "fyglesias" on banned list here? If he is.. can you unblock him? I'd like him to be able to post his BS here directly, rather than wait for one of us to find it and link to it..
Sells leading buys 5:2.. I'll buy at 0001 in February or March, sell at 003 in 2024...
Probs not "EOD trips".. but I expect 0001 by 2/15
I see the site IS up with new content. Not terribly impressed with the "attention to detail: 75%" self-assessment (since no independent evaluation org is listed, it's just meaningless self assessment..).
Anyway, my prior post was sarcasm.. the Rick and Morty "Ominous Beeping Noise app" seemed like the perfect chatacterization of Frankie's "countdown to a (then) inactive page...
This heads back to 3years of NO BID
"Frankie failed, over & over.." NO.. gotta TRY before you can fail. Frankie never really TRIED any of those things.
Instead he succeeded at the only thing he ever DID TRY.. convincing peeps that "something big is coming", to get them (us) to buy the 8.6 billion shares he issued, for 0010 instead of 0001.
I've seen lists of the dates and quantities of share issues from Frank.. I'd love to see the corresponding VWAP price on those release days, so we can do the math ("number of new shares" * "VWAP" = "cash in Frankie's pocket")
Right.. "every sell has a buy" - but people buying the ask price are in "I gotta get into this before the price goes up" mode... while people selling to the bid price are in "I gotta get out of this before the price drops" mode.
So, when more trades are "sells", it means there are more people holding the stock and thinking the price is going to drop, than there are people holding cash and wanting to buy in before the price rises. And "sentiment" - what people think the price is gonna do - is the ONLY THING driving this bump. People saw a huge buy at 0001 and thought "someone is willing to spend real money ($200,000 for 2 billion..) to get in here. Then, people saw a countdown timer, an upbeat-but-empty press release, and a similarly specious video, and thought "I gotta get in because something's gonna pop here".. and now they're seeing the orice falling, and thinking "gotta get out while i can". Since there is NO BUSINESS, NO REVENUE, to this "company", sentiment is all there is.. and it becomes a self-fulfilling thing. The price will drop BECAUSE more people think it will. That's why "sell" vs. "buy" matters.
Looks more like "SELLING large sums" to me! When a trade happens at the bid price, that's a "sell", it's someine agreeing to sell at the lower "bid" price someone else is willing to pay. A "buy" is when someone agrees to pay the higher "ask" price.
On the day, sell volume leads buy volume by about 2% - fairly balanced.
As for me, my bid is 0001, firm... I think I'll see that filled in February..
MODS: Can we unblock "fyglesias" (https://investorshub.advfn.com/boards/profile.aspx?user=528458) so he can post BS here for us to believe/disbelieve as we choose?
I'm with you - wait it out. 0001 in February.
Frankie was two years too early with Santo SKULLIES.. If only he had rolled 'em out, with contact tracing, at the start of this plandemic...
Just upped my buy order to 5 mil. Still bidding 0001. February fill works...
Or maybe some contact tracing, blockchain enabled bandanas...
What makes SANP a Bitcoin play? Or any cryptoCOIN? All his PR for 2 years has been about "blockchain consulting", with no word about mining coin since '17.
Frankie's recent claims involve things like "creating a system of authentication labels, which can be attached to bags of legally grown pot to verify authenticity and tax payment status, with the label bearing a code that links to a blockchain record containing the verification info" (that's NOT a quote from Frankie, its a characterization of the kind of work he's trying to do with blockchain tech...)
Blockchain is to Bitcoin, as paper is to dollars. All dollars are printed on "paper" (not exactly, its cotton based..), but not all printed things are dollars. Frankie says he wants to focus on (printing, everything BUT dollars..). So, to me, SANP has nothing about it that makes it "a Bitcoin play".
HELLS YES I'll reload.... at 0001!
I'm happy to announce that I was wrong - we did see 001 before my 0001 order filled.
CONGRATS! I took the profit I made selling 0003s a few days ago.. to the GSA gov't surplus auction website, and bought a $10,000 breathing air compressor for $179.
Oh.. I've seen the countdown. It doesn't MEAN ANYTHING until we know what its counting down TO.. but the last time Frankie teased us with "big news coming soon", it turned out to be some stupid "blockchain enabled geocaching collectible bandanas". Which would have been a good idea if they had been retooled as "contact tracing face masks" in April 2020, but it was a stupid idea in 2018, and HE DID NOTHING WITH IT then, or ever, anyway.
If Frankie's current idea is a good idea, why not announce it today? Instead, he "announces" an upcoming announcement, and hopes to trade on 12 days of ANTICIPATION. Smoke and mirrors here.
The only thing I've seen that ACTUALLY MEANS SOMETHING, is that $200,000 order for 2 billion shares at 0001 on 12/2. That order got halfway filled. MY OPINION is that THAT buyer won't raise his offer, he'll wait for the buzz that his order triggered, to subside, and he'll pick up the second billion shares - at 0001 - sooner than later.
I COULD BE WRONG - I hope I am, so that todays 0007 buyers don't get burned - but my money is on an order for 2 million at 0001, for the bump coming after. YES, I believe this can and will hit 0025.. but I'm sure it'll hit 0002 first, and I'm betting it hits 0001, BEFORE it jumps.
What if its a countdown to "SKULLIES V2"?
I held 14 million at 00027 cost for three years, sold at 0003 last week, and I'm damn happy to have gotten 110% of my money back.. feeling a lot less "dumb" than I felt in November as a bagholder.
I'm still convinced that we're now at a point more like 3/6/17 (highlighted on this chart..)
and less like the 10/3/17 point. I see this taking a dive back to 0001 for several months before it goes anywhere near 0015.
When my 0001 order fills in February, it'll be the 0006 buyers feeling "dumb"...
"New Things HAPPING In 2021"? Seriously, a misspelled countdown to the new year is "news"?
3/6/2017, this closed at 0006. 10/3/2017, it closed at 0015, but only after SCRAPING THE BOTTOM (0002, but before 3Bn of 2018 dilution..) for 7 months.
Today is NOT October 1st,'17.. today is more like March 8th,'17.
STOP BUYING 0003s.. instead, wait a month and get THREE TIMES MORE SHARES for the same money at 0001. Instead of a 4 bagger, look for a 12 bagger here... Trust me.. whoever started this burp with his $200,000 order for 0001s on 12/2, IS WAITING FOR 0001s to come back around. And they will, BEFORE we blast off.
I bet my order for 2 million at $0.0001 fills before anyone here sees $0.001.. we're gonna scrape the bottom before we bounce. Look at the 5 year chart.. this was (WAS.. it's already over..) the little bump in early 2017, 10 months ahead of the big bumps in late 2017.
Whoever bought the 1.3 billion at 0001 on 12/3, wanted ANOTHER billion AT THAT PRICE. Their "accumulation phase" isn't done until they see this fall back to 0001 and get that second billion shares. We won't hear a peep from Frankie until the accumulation actually finishes.. and I think it takes 6 to 12 months for that to happen. See you all next Christmas...
(Ya.. I may be wrong. If so, I miss this boat. No problem though.. if I'm right, I could lose $200 on 2 million worthless shares I'll own if we drop back to 0001.. if I'm wrong, I lose nothing.)
This is still looking to me like the EARLY 2017 burp, not the amazing bumps of October and December 2017. You'll see 0010, 0015 here... but not for another 6 to 12 months.
I stepped out at 0003 - whoever got my "ticket", hang on and enjoy the ride...
"How is this alive again?" Two weeks ago, someone dropped an order for 2 BILLION shares at 0001, a $200,000 order. Bagholders (like me since '17..) got excited about the chance to finally get out, maybe even a little bit ahead... others got excited about the chance of another runup.
Generally, I think the thinking is that someone willing to spend $200k to buy almost a quarter of our total OS, must KNOW something is coming, and folks are now buying tickets on that train...
Enjoy it while it lasts, GLTA
(P.S. - with the ACTUAL PROFIT (!) from my sale at 0003, I was able to buy an item from the GSA auction website.. an item worth $9,275 (price of its twin on ebay..), which I bought for $179. If I flip that for $9,000, that's a FIFTY BAGGER to me!)
I'd been feeling like Santa myself, bagholding since 2017. I call myself lucky to have gotten out $500 ahead at 0003.
GLTA, but be careful you don't get stuck holding "Santa's empty bag" into 2024...
This hit 0024 intraday back in 2017, on nothing but a little Bitcoin hype and a bunch of speculative hysteria. If Frankie announces that all those Bitcoin mining rigs he was claiming to be "coming soon" actually arrived, went in service, and $SANP has been stacking up Bitcoin (or Ether..) for 3 years, just waiting for the next crypto spike.. some folks would buy into that. It's just a scenario - I'm not saying that's what WILL happen in the next little while, just that it's one possible answer to "how could this turd ever hit 0025?"
Point is that I sold off the bulk of my shares at a meager profit last week, so the 1.5 million I have left are on "house money", and listed to sell at 0025. If they do, JACKPOT... if they don't, no skin off my nose.. AND.. because I can afford to hang onto these to "0025-or-bust", other people here will make money selling before I do...
That's a BIG "if"...
FWIW, I'm long 1,550,000. I'll park the 50k in a sell order at 0.01, just for giggles... the other 1,500,000 sells at 0025 or not at all..
10 day average volume: 496 million. Total volume over 10 days: 4.96 billion. That's about 60% of the outstanding share count. So, we're counting on the remaining 40% to eat their 3 year loss and move us out of "accumulation" into "pump phase". Settle in, get comfortable.. this could take a little tume..
That chart is almost exactly the span of my experience with $SANP.. but.. look back another 10 months earlier. The little burp it had in early 2017 looks like the one we just had. I think this burp was entirely due to one whale doing a 2 Bn share accumulation - which I think is only half-filled - and I think they're more than happy to keep their order at 0001 for a few months, so the folks who got excited last week and bought in at 0002 and 0003, get discouraged, tired of waiting, and sell to their standing order at 0001.
I'd be very curious to know how many shares total have traded over the last 10 days - I'd bet it's about 3 Bn, which means that 2/3 of the outstanding shares missed this burp. THOSE 3 year bagholders might be willing to take losses this month for TY2020 tax purposes, and THEY might sell to an 0001 bid, helping that whale get to his goal so he can end his "accumulation phase" and start the "pump phase". (If its Frankie, look for some (BS) news about a new venture.. if someone else, look for an announcement of a reverse merger or something like that..) The irony is that right now, 0001 trades are GOOD, because they move us closer to that "pump phase".
So.. I agree that another really nice run is coming eventually, but I think it's a few months off, not a week or two. Whenever it comes, I think we can expect to see this ticker hit 0025.. But.. this is straight up gambling.. $1000 of 0001 $SANP is exactly like $1000 on "18" on a roulette table...
Buys lead sells by 2 to 1.. but at 50 million shares, the volume sucks. Guess we're all waiting for the other shoe to drop..
My 50k at 0001 buy just filled.. so the 1.1 billion bid at 0001 is NOT the whale from Wednesday, my buy was placed after theirs, so theirs must be filled or withdrawn.. SO.. a pump could be coming any time..
If so.. "BLOCKCHAIN ENABLED hubcaps"! So the buyer can be confident that the hubcaps they buy are actually hubcaps... with extra durable shine due to a proprietary weed oil polishing process...
Jet101.. the only thing we know is that on Wednesday, someone placed a buy order for about 2 billion shares at 0001.
That immediately flushed the 650 million shares that were asking 0001 for the past two years or so, bringing up the line of 0002 sells that were waiting. Some folks then sold into the 0001 buy (it's about half filled now..). Other folks, seeing daily volume jump 1000x, started buying the 0002s and 0003s.
Many of the bagholders (like me) were able to get out of this with a little money.
Monday, the trades were about 50/50 buys & sells, but today sells (people agreeing to sell theirs at the bid price), outnumbered buys (people placing orders at the ask price) by about 10 to 1. The 0002 bids got filled, and that unfilled 0001 bid reappeared briefly, so this little burp fizzled.
THE GOOD NEWS is that, as long as that unfilled billion at 0001 isn't withdrawn, we have a "floor", people can get out at 0001 without waiting for 650 million shares to sell ahead of them. MORE GOOD NEWS is that the "buy 2 billion at 0001" order represents a committment to pay $200,000 buying cheap shares of $SANP. Someone has a REASON to put up that kind of cash...
THE BAD NEWS is that it appears (PURE SPECULATION NOW..) that the person who placed that order is gonna let it sit at that price until it fills.. they don't seem to be raising their bid. AFTER that order fills (MORE SPECULATION..), they might try a pump&dump.. we might see some news release about a merger or a business venture (all BS, if Frankie's history is any guide..). So.. it's looking *TO ME* like someone is planning something, but that won't happen until after another billion shares are dumped at 0001.
(if you look at the 5 year chart, you'll see a little burp like this one back in early 2017, which was 10 months before I got into this ticker between the October and December '17 spikes. So, it might be 10 months before this crosses 0004.. if ever..)
Best short term play here might be for bagholders looking for tax writeoffs / cap gains offsets, to sell to the 0001 while they can. Otherwise, we sit and wait to find out what motivated that big buy order.
FWIW, I put in an order to buy 50k at 0001 ($5), knowing that it won't fill until that big order fills. So, when it does fill, I'll have a signal that something might be ready to start. I'll post if/when it fills..
Totally agree! Still, impatience can be costly, even here.
You're absolutely right, THESE ARE NOT "INVESTMENTS" - these tickers are straight up gambling. Every time I buy one, I tell myself "you just lost that $100.. if you're lucky you'll get it back, if you're extremely lucky, you'll get a little more..". The plan is always to get out as quick as possible, holding one of these for a month is a worst case scenario.. but when one DOES get stuck as a bagholder, in that case the difference between patience and impatience is the difference between "hope to avoid a loss" and "guarantee a loss".
Yup, "the Buffett Theorem" - "The stock market is a system designed to take money from impatient people and give it to patient people"...
Brutal day.. sells lead buys 12:1. If I was a buyer, I'd make my bid 0001, and not a bit higher.
Interesting theory.. but... First, I don't think Frankie would have to buy them out through a public exchange, they could record the transfer directly and maybe report it to the (lazy, slow, unresponsive) transfer agent (but Frankie has generally kept the TA under a gag order and shared as little info with him as possible.. Second, THAT "big buy" order would have been for the exact amount of shares the departing partners were selling, it wouldn't have gone half-filled.. Third, if the departners HAD listed their shares publicly at 0001, their orders would have been at the back of the then-existing line of about 650,000,000 shares that some of us were trying to dump at 0001 for YEARS before Wednesday. Would Frankie have paid $65,000 to US in order to buy out the departners?
Fourth, as Slojab so astutely informed us yesterday, Frankie holds the preferred, voting shares, so he would have no need to buy the departners out to accumulate votes.
So.. it still looks to me like the only reason to put in that big buy order, is to work some plan to sell them for a profit.
Finally.. I looked back at the 5 year chart. To me, the last year's history looks most like the 12 months prior to FEBRUARY of 2017 - that little hiccup about 8 months BEFORE the two big spikes in October and December of 2017.. I HOPE I'M WRONG, and we don't have to wait 8 more months for the whale's "accumulation phase" to end before we see a profitable pump. If that's what ends up happening, I can take it - I'm now out with a tiny profit and with 1.5 mil of 0001s which I don't need to EVER sell, so I can wait for 0025, even if that takes 10 years.