No Sales BS, please. Just the facts, ma'am.
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Still a huge pool of support.
Chart shows that this is just a temporary sitch. Strong support and lots of umph to shatter more resistance.
https://www.barchart.com/stocks/quotes/LXGTF/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=SMA(20);HLMA(10,8)&sym=LXGTF&grid=1&height=210&studyheight=100
Snap up the cheap ones! Profit on the (very slight) dip.
Some boneheads dropping unpolished diamonds on the sidewalk. Great time to snap it up.
Some shakeout on a Monday morn. Great time to get in on.
Absolutely massive.
Yes. This baby can be pushed.
Still time to get in on the revolution friend. It's not just a passing fad I think.
It's like the .dotcom glory days all over again. Huge upside potential.
Yeah bro let's lock this float down FVRD.
Add to all a reduction of outstanding shares and now I start to see what all the MoMo re FVRD is about:
"In other corporate news, Favored Inc. is working to reduce the number of outstanding shares of the company’s common stock. The company looks forward to providing an update and additional details in the near future."
So basically FVRD is a part of the trend to bring the democratization of the cyrptocurrency revolution full circle. The day I can trade BitCoin and Ethereum from my mobile phone with easily converted USDollars is the day ordinary joe's start reaping the benefits too and not just uber hackers with computers the size of kitchen tables.
FVRD such a good move to focus on Ethereum early on in app development. Look at the list of international financial institutions working to integrate it with normal business markets. Even one of these, like Credit Suisse, would be huge news:
"As stated by Reuters, “the Enterprise Ethereum Alliance (EEA) will work to "enhance the privacy, security and scalability of the Ethereum blockchain, making it better suited to business applications," according to the founding companies. Members of the 30-strong group also include Accenture Plc, Banco Santander, BP Plc, Credit Suisse Group AG, UBS Group AG, Banco Bilbao Vizcaya Argentaria, ING Groep NV, Bank of New York Mellon Corp, Thomson Reuters Corp (and startups ConsenSys and BlockApps.”"
Ethereum might have one fourth the market share of BitCoin, but the faster growth rate is due to a greater sensitivity to actual business applications and not just being geek friendly. Very smart move to incorporate into the BitTrader platform early on in development:
"...the market cap of Bitcoin is in the $105 Billion range, while Ethereum currently trails behind at a market cap currently in the $29 Billion range. Year to date, Ethereum's growth is greater than 2,600% which is more than triple Bitcoin growth YTD.
As stated by Reuters, “the Enterprise Ethereum Alliance (EEA) will work to "enhance the privacy, security and scalability of the Ethereum blockchain, making it better suited to business applications," according to the founding companies. Members of the 30-strong group also include Accenture Plc, Banco Santander, BP Plc, Credit Suisse Group AG, UBS Group AG, Banco Bilbao Vizcaya Argentaria, ING Groep NV, Bank of New York Mellon Corp, Thomson Reuters Corp (and startups ConsenSys and BlockApps.”
“We intend to integrate the ability to trade additional digital currencies and tokens to the exchange as various currencies grow in popularity and demand. Working to add Ethereum at this early stage of our development of the trading exchange makes perfect sense given the enthusiasm of large, well-known companies have for the Ethereum blockchain,” stated Craig Coaches, President of Favored Inc."
OK so this latest PR is about adding the Ethereum cypto currency to the trading platform BitTrader.com that FVRD is developing for the mobile market. Nice move.
https://finance.yahoo.com/news/favored-inc-otc-fvrd-announces-140000914.html
BitTraderPro.com is huge points on the scoreboard for FVRD. Basically it seems that they are already beta testing a platform where ordinary users can securely trade in the multi billion dollar crypto currency market and easily exchange US DOLLARS to crypto currencies Iike BitCoin amongst many others. From a mobile device. No need to buy a computer the size of a Volkswagen or employ encryption methods on part with the KGB hacking the presidential campaing. This. Is. MASSSIVE:
"" The Company at present is beta testing the system to trade and exchange Bitcoin vs USD.
“We believe that there is great growth potential within the crypto currency trading marketplace. At present, trading crypto currencies is far from main stream. Trading, much less owning crypto currencies has barely gotten outside the realm of the tech savvy. The average person as well as financial institutions and hedge funds have only started to become aware and learn about the opportunities in the crypto currencies marketplace as well as the means in which to acquire or trade crypto currencies,” stated Craig Coaches, President of Favored Inc.""
So FVRD is developing a mobile platform so you can trade cryptocurrencis securely from your mobile phone and not need to buy a giant server or surf the Internet underbelly like a hacker genius to do it? Now that's why folks are excited about. With the BitTrader.com app normal mobile users can get in on this market:
"....BitTraderPro.com, a crypto currency exchange and trading platform.
Since the launch of Bitcoin, the grand-daddy of all crypto currencies less than a decade ago, there have been over 1,200 other crypto currencies or tokens that were created and launched. As of current, the market cap of all crypto currencies and tokens is estimated to be hovering above $172 Billion (USD) with estimated daily trading volumes in the neighborhood of $3 Billion (USD).* "
OK I'm beginning to understand what the hoopla is about. I was attracted to the MoMo but hadn't yet quite gotten my head around what FVRD does. But this is big:
https://finance.yahoo.com/news/favored-inc-otc-fvrd-announces-140000197.html
That's great. Very pleased to get in before the big news.
.02 break has got all eyes on FVRD.
Share reduction is a huuuuge huuuuge very good sign of good things coming.
Is the plan to use Kryptos encrypted mobile devices (rather the massive servers that Bitcoin now requires) to harvest cryprocurrency? That would be huge indeed. Trying to wrap my head around this opportunity. Sense that it it huuuuuge.
So what's the news on Kryptos Communications? Is that what the excitement is about? Or is more about the block chain technologies? I imagine there's a intermeshing there. No crypto currency without encryption right?
"Favored, Inc. has repositioned itself as a holding company with a focus on acquiring, developing, publishing, and marketing digital assets, some areas of focus include but are not limited to Ecommerce and blockchain technology. The assets may range from mobile applications like its wholly owned subsidiary Kryptos Communications, Inc. which provides encrypted communications over mobile devices to developing applications under Empire Mobile Studios, Inc. both to self publish and for third parties."
It's in October when this thing roared back to life, according to the chart:
https://www.barchart.com/stocks/quotes/FVRD/technical-chart?plot=CANDLE&volume=total&data=DO&density=ML&pricesOn=1&asPctChange=0&logscale=0&indicators=SMA(20)&sym=FVRD&grid=1&height=210&studyheight=100
So I guess this started up the engines again for a lot of folks on FVRD right? https://www.barchart.com/story/stocks/quotes/FVRD/news/5050138/favored-inc-otc-fvrd-provides-corporate-update-after-extended-period-of-reduced-communications
Up 28%. FVRD on the bounce.
LXGTF very slight pullback on average volume.
Perhaps we'll see some volume at power hour?
Rainmaker at $1.
Looks like she's ready for another bounce. Up 35% FVRD.
Can anyone tell me what's up with the 10 year old PR'S in the ibox intro?
Me too. First time looking at a public holding company. How do you measure if it's doing well?
The problem in India is MASSIVE. RAKR is a humanitarian effort and and a profit maker.
LXGTF .47 x.475 looks like a nice tight spread. Maybe the MMs will not try to gum up the gears and will let her really run today.
$2.5 million in local financing is nothing going to sneeze at
Kicking off with a bit of vol and a bit of green for LXGTF
Very good morning to you Thundercleese! You should get you wish here.
LXGTF looking for breakout to .50. New 52 week high almost every day.
LXGTF looking for breakout to .50. Everyother day a new 52 week high.
LXGTF looking for Bounce .50. Strong support.