Make it, but not at another's expense
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
10-K yes, due in about a week...the 10-Q could push to May, but I would hope they have it ready in April.
We will need to see how the Short Volume goes, whether it improves (down) on gets worse (up)
Best to you!
We may start seeing some upward movement on price once the 10-K hits. seems the shorting (as a % of volume) is dropping. We were hovering around the mid 50% range over the last few days as an average (50.841% for the last 20 days)
Apr 1 - 64.56%
Apr 5 - 56.93%
Apr 6 - 40.39%
If it continues to fall, and the 10-K hits, and more good news pops (i.e. M/A) then it may have the catalyst to move up strong.
Best to All! Be your Brother's Keeper!
Crawfors: agreed. If any of you want to see this stock hit the long term goals, we need to keep it in perspective. Granted, I would love to see the WalletInvestor predictions come to pass, but the focus should be on what will get us there.
As Crawfors mentioned, focus on the business aspects, growth, fundamentals...management is working to generate the visibility of this stock, and we all know what we are sitting on with this stock.
Bottom line, let's all be realistic and focus on smaller gains each day/week/month and not hype this stock - it doesn't need hype. Hype is for penny stocks with zero news, zero fundamentals.
Speak to what you KNOW about this company and get others enthusiastic based on reality, not pipe dreams.
Best to all Longs!
Revenue projections from management for Visa has an Annual estimated:
$45mil / 5 years X 30% = $2.7mil / year
$45mil / 5 years X 40% = $3.6mil / year
$128mil / 5 years X 30% = $7.68mil / year
$128mil / 5 years X 40% = $10.24mil / year
Bottom line, this is yet another profitable facet of the business being built. I believe these to be conservative numbers and this is in addition to the $60.5mil projected for 2021.
Best to all Longs!
Morning IQST Longs! Looking at the OTC short report, if you were wondering WHY this company is lingering at such a low price, and why the volume has stagnated due to investor burnout, it is due to the Short Volume on this stock.
We are sitting at 64% of Volume being Short Volume, and when this was trading in millions of shares, we hovered around 50% Short Volume.
https://www.otcshortreport.com/company/IQST
I am sure that Leandro Iglesias is aware of the Class Action lawsuit being brought against DTCC, NITE and CDEL for Naked Shorting, but each and every person on this board who is a long needs to contact Leandro and IQST so that he gets on board with this lawsuit to cease this illegal practice.
On LinkedIn: linkedin.com/in/leandro-jose-iglesias-20940818
Send them an email: investors@iqstel.com
or you can PM them on Facebook
Let him know that Greg Halpern is initiating a Class Action suit against these entities...have him reach out to Greg (info below)
https://www.maxd.audio/team/greg-halpern
(800)327-6293
chicago, in this case NO means that they anticipate that they will be living up to their PR's and the numbers will reflect this.
This is good news...typically, with Pinks, you have to watch them like hawks because they say one thing and it ends up being something completely different (in a bad way).
I have full confidence in this company to hit its marks, and exceed them this year.
Best to you!
dc_350 - that area of the NT is largely a check on the ongoing ability of the company.
should they have checked YES, then it would be likely that the company is in financial distress and the ongoing ability of the company is a concern for itself and shareholders.
They don't check the YES box if they are anticipating positive results, only negative.
peterpanwasjusthere, don't get me wrong, I agree that this could have been a no-brainer to accomplish, and moving forward they better get their act together and hire a firm that can get the reports out on time.
they could have been rolling right along with preparation, and realized something needed to be corrected - I don't know, I wasn't there. Whatever the reason was for this miss, I will not hammer them to the wall over it. If the price drops, use this opportunity to snag cheap shares.
I plan on transferring some more funds over this week in anticipation that some will become disillusioned and sell - weak hands scare easily.
Look forward...this is just a flat tire on the road of a better life. Best to you!
KenFresno, If I were a business owner, working on building my business, with numerous subsidiaries, my focus would be on building my business.
While a filing is important it is not as important as keeping the momentum.
I wanted the 10-K on time, but in the long run, my focus is more on the long term goals of the company, and my personal long term goals.
Best to you!
jerseyboy: just in from FB:
10K Update. CFO Team hard at work in final home stretch. If an extension is needed, it would only be a short delay. We expect the 10K to validate all our numbers once again.
Mister: perhaps a bit of reading would help you since anyone here attempting to inform you goes in one ear and out the other.
https://www.investopedia.com/terms/n/nakedshorting.asp#:~:text=Naked%20shorting%20is%20the%20illegal,been%20affirmatively%20determined%20to%20exist.&text=Despite%20being%20made%20illegal%20after,paper%20and%20electronic%20trading%20systems.
https://www.otcshortreport.com/company/IQST
https://www.investopedia.com/articles/optioninvestor/09/naked-short-selling.asp
https://promotionstocksecrets.com/the-truth-about-naked-short-selling/
As long as they only have to pay a small fee to borrow shares to use for selling purposes to drive down stocks, it will continue.
But then again, I am sure that you are WAY smarter than ALL of these others, which is why you are hanging around in Penny Land.
Best to you...read...it will do you some good!
peterpanwasjusthere: Since their float is less than $75Million, they have 90 days from year end, and the NT (form 12b-25) would be due the next business day after, then they have 15 days to file the completed 10-K.
That is my understanding, so 31 days January, 28 days February, 31 days March is 90 days - if they do not file today by COB, then tomorrow would be the NT filing and 15 days from there to file the official.
If they are going through a full audit to become compliant with the SEC, this would mean they are very serious about uplisting.
Look at it this way, audited financials for a previously "NON-Audited" filing company means they have to sift through ALL their business dealings/financials...
Anyone here remember Trump saying "my financials are being audited" in 2016 and he STILL never made them public until he lost his SCOTUS case.
Anyway, best to you!
oldman69: unfortunately the only way to combat this would be through strict legislation and implement fines and prison time. As was stated in the video, it's a cost of doing business. If a person could make $100 Million selling an illegal product, and the only yearly event you had to deal with was a pesky $10 Million fine, you would gladly continue...in 10 years you would have raked in $900 Million at the expense of others, but hey, they wouldn't care, right?
That is the problem - no White Collar prison time. Maybe they could suspend them for a period of 1 year for the 1st offense, and if it occurred again, permanent suspension.
I don't have the answer, but I will say that you and I and this whole board together cannot beat AI - they would build in our thought processes and beat us down.
Anyway, Best to You...focus on the future and Be Your Brother's Keeper!
Gigantor/Peterpanwashere: I have been chatting with the company on the release of their 10-K, and being a company on Pink sheets, it is commonplace to either not file, file an NT or file an Unaudited annual report.
That said, I asked over and over about the release of the 10-K and the discussion I saw on their page about OTCQB...
We all know they have stated a desire to be uplisted, and the response I got was "it takes time to go through a Fully SEC Compliant Audit...that in itself is quite exciting...
If they had to file an NT due to this process being rather protracted, I would accept that, but I realize what the manipulators will do with info like that.
Anyway, I really like this company, the stance they have taken, their goals, business structure and potential.
Best to you all! Be your Brother's Keeper!
Nickels: with the Short volume running at 59% of volume, it will be a difficult run north - kind of like being stuck in the mud in a car. Hoping the 10-K is really good.
I have a question into the FB team on the OTCQB question and whether or not they should be pursuing this in the short term to draw in more investors, then with a sustained $2 for the 90 days, file to uplist to Nasdaq.
With that 59% sitting short, they are out in droves on boards to scare and drive it down. The naked shorters are even worse.
Waiting to hear back.
Best to you all! Ignore the side chatter...always happens when the price sits static and goes sideways...
Here's the Article on IQSTel and Leandro Iglesias:
https://www.iqstel.com/assets/pdf/iQSTEL-Cutting-edge-technologies-for-Telecom-Industry.pdf
Knux, I have to agree with you on Technical analysis with this and other OTC stocks.
Looking at the charts, you should be able to see swings occurring, yet with manipulation, it is like the rug being pulled out from underneath you.
This is a long term play for me (2+ years) so no matter what the day-to-day events are here, in the long run I will be a happy camper.
mdb1: with 59% of volume being Short Volume, it is hard to push up. We have a coordinated effort to push this down...reality says we should be well over $2 and sustained...it is hard to overcome shorting, let alone Naked shorting.
https://www.otcshortreport.com/company/IQST
Here comes the late afternoon run up...albeit a small one
I added a bit, but my funds are a bit low...but my share count is High, so I plan on holding for a long time, so all the chatter the MM's create in the market on this one are going to be wasted on me.
Best to all of you! Hold Long...stay strong! Be your Brother's Keeper!
Thanks trademax42, but the honors go to DH...he posted it first.
All said, today will be wild...and this week, who knows?
Best to you!
trickybiz, watch this video...go to about 2:30 point and start...your "4 bagger" seems a bit low...good info on the company, and future.
Sent a request to IQST to notify Leandro Iglesias about the Class Action Lawsuit that Greg Halpern at MAXSound (https://www.maxd.audio/team/greg-halpern) is initiating against the SEC, Market Makers and DTCC.
The goal is to close ALL the Loopholes and stop Shorting and Naked Short Selling as there are a number of MM's working in concert with groups/Hedge Funds/etc. to create attacks against companies to drive down the price of stocks.
They borrow shares for a fee (interest) and use those shares to sell against the market which drives the price down significantly...regardless of how strong of a wall buying creates, they have the resources to overcome that, and the MM's play both sides of the Bid/Ask to help promote the attack.
(What is it):
http://counterfeitingstock.com/CS2.0/CounterfeitingStock.html
(Bankrupting): http://counterfeitingstock.com/CS2.0/CS4BankruptingTheVictimCompany.html
(The Squeeze)
http://counterfeitingstock.com/CS2.0/CS3ShortSqueezes.html
(The SEC shelters the activity)
http://counterfeitingstock.com/CS2.0/CS14TheSECSheltersTheSecuritiesIndustry.html
(The Options Maker)
http://counterfeitingstock.com/CS2.0/CS2TheOptionsMakerExemption.html
Crawfors: Damn Straight! We are Long and Strong!
Here it comes...
I'll take a stab at that. looking at the trends with the stock being in the oversold area and now appearing to rebound, we may see an uptick initially, but with the pressure out there, and all the good press, there are going to be MM's sharpening their knives so they can figure out how to continue pushing this down. RSI is still below 50, but trending up...usually see some strong buying occurring when it dips to the 30 line or below.
Best thing to do is set an order, go outside and relax.
Monday at 10 ET is when we want to coordinate against the MM's...
Dutch, my wife and I are looking at the Marche area or a little bit further north, maybe Piemonte...depends.
if this hits like WalletInvestor said, at $129/share, then it might be Lake Como
Best to you!
I was able to grab a few thousand shares...thank you to the coordinated efforts of CDEL...
They have no idea how happy us Longs are to pick up cheap shares
hikaru: I'm in since my order was not filled this morning. to coordinate this, what are the ASK number of Shares, etc that you want us all to hit...
Thanks!
Let's GME these people...and look out for our fellow investors!
Jersey, we understand the potential of IQST - these negative types do as well, and they are like a cancer to boards like this.
Ignore, and remain positive!
Best to all! Be your Brother's Keeper!
LONGS: Do yourself (and the board) a favor, and ignore any and all negative postings. If you truly understand the fundamentals of this company, listening to or responding to their distracting message only serves to lessen your resolve.
If you are concerned, contact the company directly on Facebook or Twitter - they are very receptive and respond quickly.
But remember, when you have negative posters, it only serves to show that the potential for this company is there, and what they want from you is to run and sell.
Do like Crawfors' earlier post said: shut off your computer and go outside. Time will show you that your initial beliefs in this company were correct.
Best to you all!
Crawfors, my money is in...have my limit order in - let's see if they fill it.
read on the Ambassador's FB site that Citadel is running this down. Given my long term stance, that's fine for me. I will nibble here and there when the price is good, and average up/down along the way.
once done, the weaker hands will be gone, and strong hands will hold this stock.
Best to you!
MRDALE: the site's got a very impressive track record...close to 80% accurate. If anyone else can hit that type of accuracy with trading, they are doing extremely well.
even with this blip downward, the site went from a $134 1 year target to $129...
dump and run if you choose people, but you will need an extra leg to kick yourself in the ass when this flies.
I have gone into WalletInvestor.com just to dream, but reality is that this will likely be a $10-$30 stock in 1-2 years. One thing I have noticed on that site is that a lot of the stocks I am in are tracking very close to their price predictions - even the multi-billion dollar company I work for is rated very well and tracking closely.
Bottom line is: these sites use very sophisticated Algorithms to determine future price points, as well as support points and resistance. They are much more in tune with stocks and don't rely on emotions.
Me, I am a long-hauler (not Covid) and will sit back, comment from time to time, and wait for all the weaker hands to flush out. I wish I could convince them to stay, because most of them will kick themselves later and wonder why no one said "Stay and ignore the emotions" to them.
Anyway, best to you and all Longs! Be your brother's keeper!
Trainwreck, waiting on my funds to clear. want to pick up some more shares, so hoping the bargain basement prices hold out. Crawfors is the Great White when it comes to picking up shares...I would be considered a Barracuda...
But either way, when this 10X-30X for the future, I will send all those who missed out a card from Italy...I will send it "Care of: All those who lost out"
oldman, you and me both brother.
I am a strong believer in Being your Brother's Keeper - looking out for others, but I have no idea how to make others who are fearful, to turn and start thinking optimistically.
Two types, glass half full and glass half empty. Why did YOU get into this stock? Because you believed in the future. Same question, different scenario: Why did you get married? Because you wanted to spend your life with this person - yet, the first big fight, you are out the door.
Me, I have cost-averaged up as it climbed, but I am not willing to give in to a bad day/week/month...as soon as my funds hit (likely tomorrow) I will be picking up the shares you dropped - I prefer that you hold yours, but will gladly pick up what you have given up.
Best to you all!
"Wall Street thinks in terms of years, but most investors think in terms of weeks, or even days. Regular people set their stop loss 5% below their purchase price. They get notifications when their stock drops. They get emails. Text messages. Hundreds of annoying little reminders that they’re dumb and they should sell.
Long term investors think differently. They might go weeks or months without checking in on their stocks. They’re confident in their decisions, and they don’t need the money any time soon. They can afford to wait out the stock manipulation.
While Wall Street has mastered the ability to manipulate a stock in the short term (less than a few years) they are unable to manipulate a stock in the long term."