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As these days pass, I am happy were we sit at the moment. I dont see any large Ask pricing..as I thought it would disappear. The MM is know to use the "Smoke and Mirrors" approach in his tactic to shake shares. This is becoming "Our Trade" as each day rolls closer to Mr. Sellers announcement.I continue to believe that these tactics will diminish as we move closer. As for price increase..not yet. There is no motive for him to expose himself at the moment..but if you know the game..its a easy figure. All need to sit still and wait him out.The day will arrive that fruit will ripen and he will have to pick it.
Received a reply from Elite Trade Club from Adam. He told me he has been watching Jada for a while and may be featuring it in an upcoming newsletter. They have a hell of a following.
all the minnows add up!!
Thanks Midwestrader. Appreciate your effort!!
my understanding is there are restricted shares and the float is correct. Wayne is very tight lipped but did tell me those shares a restricted and the float is correct. All he would say
Not surprised at all. Any upswing and it will attract attention. Easier for the MM to keep a lid on it. His days are numbered! I would love to see 5 cents. That is were I will get him. He won't go there
I will buy whatever they want to throw at me. I know that's egotistical..but I don't really care if some think so. I'm on a trade...I trade what I think and can afford..If your paying the bill..then you can call me whatever you like..until then..I will eat them alive..so go for it!
No volume to speak of so its all a volume play. It is so thin that if we seen half a million shares try to move..then we would break all barriers. I think the MM reads the same stuff we do and has an idea he is gonna be caught short of shares. It probably is not in his best interest at the moment to start a movement of the stock and have no real sellers(no punt intended)trying to surrender at this moment. When the wind finally blows, he will have to shop the price in hopes of making some collections. His game will probably be to take it up then swing it down to shake the weak.I hold long and strong. Even if he collects half the shares available( other then mine) he is still in trouble.
Let's see if that block shows up tomorrow. Contiplating buying the rest of the float. Time will tell
I stung about half the shares traded today to get a feel what lies between the bid/ask price. Not much from what I can tell. I'm sure news will come when Mr. Sellers is good and ready. I'm sure it's a complicated process changing ticker and all the security the OTC is implementing. It's about time that we do not have to deal with phony companies robbing ppl blind. I'm here ready and waiting Mr. Sellers. Take your time and do us good!!
The inevitable will happen. Once news drops and this moves away from shell status..the penny pushing stock pages will pick this up. When we get some momentum on this low float the momo traders could and probably will get the push on. I expect the spread will be wide( caused by lack of shares available) and we could begin a mighty climb. Dont settle for pennies when dollars go with a Perfect Storm. GLTA and thank you for those who did and will buy more. The game is in our court!I've been watching this board..but have been involved in a large short( I normally dont do)in SAVA. Good commentary by everyone. I'm also a member of Briefing.com and have alerted them of the possible trade. They usually dont do pennies..but when we get momentum and we approach a dollar..I will let them know. They may take the trade and this will push us up even higher. I alerted Elite Trades as well. They have a hell of a following and can really push this thing.If anyone is a member of a group..put it on their radar. They love this stuff
Setting up for the push. Do your part and help move it up
We never really found out if they were legit. I would have to believe they were not. I guess we have to believe the financials on the float amount. The GTC may work on your trading platform. Fidelity will not let you put in a Sell order very far above the current ask. I retain a Law Firm (Wolf/Popper) in NYC. I will contact them and Fidelity about using my shares short. I guess it will be easy to investigate this low float if Fidelity is doing any lending. I will inform Fidelity of my intentions and have them not lend my shares. This is for future spikes. Prob no shorts at this point..but you never know
Not concerned about the short run. Perfect Storm
actually..1.7 mill I own
I own more then the MM. I will leave him some so he can make the market when the time comes. I have more then half his ammunition
Minddoc7..then dont tell someone that they haven't earned their keep. My ego is bought and paid for..It may be large..but it backs my position in here
Minddoc7..go pull that 40k right now. Show us your strength!
I would not risk my trade just to prove something to you. I just pulled that 59k trade to give you an example. They probably would not print the ask at .19..because the spread would be vast and there are tighter bids below that
You should be thanking me for controlling the float. I figured you could not pull the task off. Watch this.. I will buy them right now! There you go!!
Been in since 2009. I put my $$ where my mouth is. I have 1.5 mill of these. Now you should earn your keep if you financially can. That would allow you to speak..not just blab. Let's play a little game. You pick the time and I will watch live when you buy everything available at the ask. In trade, I will buy the ask(all of it) and you can watch it live. Game on?? Go grab those 58k but let me know so I can watch.
If it looks like weak hands making this move..then join them. My experience tells and shows me Pure Manipulation here. As far as blaming MM's. ..you bet you can. They make the auction work. When they are short shares in their pocket..they work the auction and ppl will fall for it..just to have them move it back up. Please sell if you are weak..I will buy your shares!!
That 100 share trade at open should show it all.
Absolutely!! He needs some shares in anticipation of the inevitable. They are playing the old game of trading with other MM's to make their collection. They create this illusion by simply teaming up with a fellow MM and trade blocks back and forth tricking the weak to panic out while never giving up a share. Our job is to buy when they do this. It destroys their game plan.
Fully expected this move. Last ditch effort by MM to collect shares. If you are a weak hand..then hand them over. Rather you be gone before the next move. The catalyst is on the wall and not only can we see it..the MM can as well. So, if your a weak hearted trader..SELL NOW..I'd rather only stand with the strong!!
I am looking for a move to around 4 or 5 dollars (and that is conservative). Once we get news, we should see some momentum players getting on board. With this low float, this thing can fly. PERFECT STORM UPON US!
I am hoping in the next 4 to 6 weeks. I will wait it out no matter what the timeframe
Relax everyone! As a business owner for more then 35 yrs, I understand business. This is a company that is going public. Makes no sense to put the cart in front of the horse by letting out small pieces of news or creating a IR dept. that really could not tell you a thing anyways! When the new company is ready to release news, then I want it all at once and very professionally done. I'm sure at this moment, Mr. Sellers really doesn't care what the price of this stock is. It basically is still trading as a shell at this moment. When I come along a setup in a stock like JADA, I take full advantage, as these scenarios are not a dime a dozen. I do view this stock as the "Perfect Storm". I do own more then half the float and will be buying more. I try not to post very much because I'm not here to pump the stock..just here to express how I am trading it and why I am trading it.I really don't care if you believe or you don't. My wallet is the only thing that I am interested in!!
The simple game plan here is to evaluate the announcement and determine the value of the business. That should give you a area that one thinks they should sell. This is a trade and it will have it's swings in price. The MM will need to gather some shares. That will be your decision when you want to hand them over. I'm gonna make him pay me for mine!!
Spread on Bid/Ask widening. Just what we want to see. When this goes..it is gonna fly!! I just put that 20k bid at .075. Let's see if we can start the push. Everyone just hang on to your shares.
The key here is to just hang on to your shares. I own more then half the float and am buying more. The control is now ours!~ Hang on to YOUR SHARES!! This is a rare find(as I have said before). Not many very low float stocks out there with a upcoming catalyst, I would assume. This guy didn't buy it to just look at.
Bid/Ask spread shows shares are getting tight to find
MM doesn't have the shares to take this much lower. He would be at risk of giving up too many at a cheap price. He will wait for news, just as we all are. The news will come and by the looks of it, the new owner seems pretty established in the food industry. I'm sure he didn't buy this to just look at it!
Also buying into DLOC. Read up
1 mill of the float. All need to relax and chill. This is a investment. Takes time to be rewarded. I was an early investor in GGP. That took a few years and worked very well. This is not a slot machine. Here, we place our strategy and let it play out. We happen to be in the "Perfect Storm."
grabbed 81000
we all know the MM is dropping the price to take the weak. I will hold on no matter how low he wants to go. I will also absorb more of the float as he pushes. Eventually he will have to reverse and try to entice me to separate from my holding. Gonna take more then a few bucks for that to happen. Once news breaks, we will be off and running..and running hard at that!
I have been here for at least 12 yrs. Made good money back in the day on Jada. Bought back in and held. These little gems dont come along often..so I will go big and see where it goes.
MM is doing just what I expected..shopping for shares. As he drops, I will accumulate as I hope others will follow. I have strong hands and willing the risk. Once we move the ball in our direction, they will have to start the move up to find shares. Hold strong all. As for me having info..nope..but a stock that has pending news with this low a float is a no brainer. Let's run the well dry!!
Now we wait and let the MM play their hand. If they drop lower, pick it up(as I will be doing). Eventually we will get some news from Mr. Sellers
Picked up 30k more. They don't have the power to take this much lower. Too many buyers will step in(including me)