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.
I'm in down here. I know several people way smarter than myself with multi-million dollar accounts that are holding much higher cost. May as well get a discount and ride along. Unrealized loss can become realized gains pretty fast in this market.
My plan has been to add here around 05 and 04 range. If it keeps going further south I'll need to flip some others but I am not bearish based solely on the price action. Unrealized losses have a way of being very deceptive. If the company itself is good, I'll usually just hold the bag. Not grinning while I carry it but, will certainly not worry about it.
ADDED MORE. At this point, why not? They make money at least. Maybe a nice surprise. Maybe an ugly surprise I'll just keep holding until somthing good happens fml
This stock will test everyone as we have seen it do recently. I'm very excited about it though. Underwater, but excited. What I would like to do here is swing profits over while we are still in the trenches to add to my position. I took a position in Marimed ($MRMD) at .83 on the panic dip that hit because they have HUGE margins and profit. In my experience stocks like that attract smart money on every dip and therefore bounce predictably. I was not only correct in my strategy there, but received an attractive sponsor from none other than Motley Fool within two days of buying that dip (see aforementioned statement about smart money) The FOOL obviously also went in on that dip and hedged their position with not one, but TWO bull thesis PR's - That's not luck, that's knowing where the smart money comes in. All that being said, I can't swing profits over to here yet as I do not know Motleys PT. here. It could be 1.05 or it could be 1.50- possibly even more. Makes no sense to sell early there while it's printing. Marimed will have a big Q2 coming soon. Not only that but I'm unsure if a leak is out on the SAFE banking act and inside buying is behind Marimeds walk up. It all feels a little surreal. Marimed has been climbing inexplicably on low volume which is SUPPOSED to cause divergence, but doesn't appear to be affecting the sp. I can't put my finger on it. I guess I'll just continue to hold there for now. Either way I have plenty of powder to add this but happily will wait while we struggle to leave .05- the longer we stay at .05 the more support will reveal I've got a solid support level to buy.
The comeback story behind this inevitable rebound and when (or IF) we break out for good, could make the highlight reel this year if things work out! Right now, the door has been re-opened temporarily for common shareholders to front load this again at .05's or .04's ---for what hopefully, will be the true climb to a fair market value. The first breakout was false and failed due to the noteholder who could care less what price his shares fetched. I guess Tidwell was trying to recover also from years of quietly watching INNOCAP fail. Then there was a small capital raise through public offering. Quite frankly, UNQL should not be held accountable for the distress the sp has been under in my humble opinion. The swan song could truly be beautiful here, we just gotta keep the faith, I do not see myself losing confidence in this investment regardless of how low it goes. Have a great weekend guys! Cheers to a WEIRD day on our chart
Two things to consider may be at work today, both somewhat "hidden" variables.
1:) News leak- MM or insider buying back to cover in anticipation.
2:) Bids coming in at .05 in large blocks causing a buy wall and support to force MM on a bid walk up.
3:) (UNLIKELY) But however, selling or dilution may have been exhausted-
All of these are good signals regardless and the stock looks much healthier today from this perspective than it has recently. Be advised, if #1 is in fact the reason behind the green hue than it will likely not be FLUFF press release on deck and capable of creating a large uptick. This is all purely speculation on my part but I like to rub two nickels.
Either I'm a tortured bull in this stock and I'm looking for a discount to add shares. Waiting for my profits elsewhere to give me an incentive to sell. I don't see Marimed being finished going up. It could hit a 52 week high and I do NOT want to be out of it before hand. If SAFE banking act is on deck and leaked out- then I'm looking at 200% gains in roughly a month. GLTA!!!
The only reason we even move at all is because everyone wants to accumulate support at .05 and the MM has to try and walk up the bid in response to demand. In fact I'd be bidding .05 right there with em if I wasn't waiting on my others to finish printing
No bid so they tickled the tape. They want investors but they don't wanna pay for em either- but sometimes it costs money to make money. Can't imagine how these guys haven't grasped that concept yet considering their margins in core business. You'd think they were experts by now.
Just like I thought. I'll keep waiting. My strategy is perfect for this bullisht. Dip buy with profits from the other ones. They can pull a rabbit out of their butt and make it dissappear a million times in one day won't change my strategy. I'll be smiling with my cost basis by the time the dilution finally ends. At which time the gains will be authentic and not orchestrated just so they can sell short and walk it down the next Monday.
If we close up 6% on the day it would be a miracle. As I said, this stocks valuation is still being driven by fear due to the fact that they have not allowed the SP to gain steam. Why would anyone want to buy when they already know the bids gonna get whacked with free shares afterward on low volume? Let's not forget the penny flippers who grabbed .05's and .048's that probably sold today's gains the second they got a chance. Same ole BULLSHT. different day
Rest assured, just a head fake today- Not concerned with it though, will gladly grab more shares lower as I await other trades to finish gaining. Not my first rodeo
bullsht fake bounce- myself and some friends are not buying it. Will wait until .05 hits again because we all know it will. Nothing against the MM for trying but my guess is he know they aren't finished selling so he let the bid go higher and shorted on the ask. Plans to buy back to cover at .05 Monday how much you wanna bet?
I was looking at the financials on some other OTC stocks that trade around the .05 range and what I discovered was, a bunch of them have 0 revenue, 0 cash at hand and stated NO OPERATIONS- go figure
$UNQL when will this ugly duckling turn into the beautiful swan?
Not sure for how much longer we will have these prices or possibly even lower prices at our disposal to average down with. My strategy is to swing profits over for dip buys but since my profits are growing I can't pull them out yet. I think it's a win win though because this is taking forever anyway. Caught a nice dip at MRMD and it looks like an earnings leak might be driving up buy volume. Their Q2 is about to hit and it's been nothing but record breaking revenue growth for them quarter over quarter. So if I factor in these variables, (Quarter2 on deck) (Brand new dispensary in Metropolis was once a chevrolet dealership) (and best selling products) I'm inclined to believe insiders are buying on an earnings leak. Could be wrong but it appears that way. I could take profit now but there's a chance they could be headed for 52 weeks highs again. This stock is the ugly duckling right now but hopefully she turns into a swan soon.
Nice post Whiz, I tend to agree with you there. The current sentiment around this company is misguided and entirely padded with irrational fear. As I said before, cutting loss here is an error that will soon be proven through a shift in the climate surrounding the stock from fear of buying to, fear of NOT buying. The FOMO will happen
Derek is heavy into AVVH, ILUS among others. He likes to go long. I'm gonna be drinking beers with him this weekend actually at family reuinion
Derek is heavy into AVVH, ILUS among others. He likes to go long. I'm gonna be drinking beers with him this weekend actually at family reuinion
Lmao. He in our discord. We got like 1000 members now.
3flight your a pretty fart smeller you know that? I don't care what Derrek says bout ya lol. AGREED
Without shareholder confidence UNQL is pretty much cannon fodder. They should deliver something in the press worthwhile to turn this around. Squeeze some of these shorts and turn the tables.
Just using humor as a crutch with which I can process my emotional inner turmoil. Truth is I am brimming with excitement for the future of this investment.... Just at the present I am brimming with something else a bit more...... poop oriented shall we say? I will definitely be buying more down here. Can't right now though because I got in a swing trade that's printing with MRMD and need to get as much out of that as possible. I have a feeling this awful price action is going to help a LOT of us longs get back to even when news drops.
I'm just glad I was smart enough to hedge my position and buy shares of Marimed at .83 after it nose dived recently. I don't feel like a COMPLETE imbecile for having owned this. Albeit I do feel like an incomplete Ahole. Just not .....COMPLETELY.
I finally got ahold of Investor Relations and they said they are willing to compensate me for emotional distress associated with investing in the used tampon they have cleverly disguised as a stock so long as I promise to buy more from Paul. Their compensation package includes a 300 lb biker who shows up at your house dressed in black rubber wearing a 14 in strap on. I happily agreed as my rear end has already been stretched wide enough for someone to start growing watermelons inside, and start their own fresh goods marketplace. They advised me to provide my own lube, and I gotta say... I'm impressed with the feedback! These guys really care about the common shareholder. Patiently awaiting .00000000001 to buy more.
Still not cutting loss. To many reasons to hold not enough to sell. I cut loss normally, but not doing it here. Things are not always what they appear to be. This could flip bullish on the right news. Uplisting progress, debt cleared, 10-Q with record numbers, Asia Pacific, Deeznuts, and my tiny nipples went to France. Etc. Etc.
The only winner here is whoever went short. I will fire another bullet after it goes lower but not before. Obviously these morons are just going to walk it clear down to who knows where. Might bounce later because truthfully, the public float is still really low, being that it is in the 200 million range. Big news will most likely bring heavy volume in along with a big spike. For right now they can't even GIVE this stock away let alone sell it. In fact, I'm thinking about writing investor relations to see if perhaps I can get them to "PAY" me a distress fee in return for purchasing more of their worthless shares. Based on the current climate and market sentiment surrounding this pile of diseased DOG crap I would estimate a compensation fee of .25 per share for every .05 cents per share that I buy is more than fair. Agreed? These bags are heavy
On second thought, maybe they aren't as stupid as I'm being led to believe. There is, however unlikely, the possibility that the SP is intentionally being allowed to deflate so they can get a better deal on paying down toxic notes . But that's speculation on my part and entirely without fact checking. I have no clue what the actual numbers say.
It will go back up. To many ppl got in high, then they sold at the market into strength. Then more ppl cut for a loss. Then more selling at market, then more loss cuts, then more selling. And more selling, and more selling. I don't mind seeing red but I'm not stupid. I'll let them finish destroying their own market cap and buy the discount while I work on more valuable stocks where the company actually KNOWS how to increase their market capital. These guys have all this revenue and they are to STUPID to invest in getting a higher share price. What a waste of a good listing. (Potentially) good listing.
Told one of my whale friends about this stock today. I described the bull and the bear thesis as well as catalysts. He took a starter down here at .05 and I'm super jealous that I didn't wait long enough to have such a low cost basis. But I'm encouraged by some profits I'm seeing elsewhere and will use them the best way I see fit. Either buy into this dip or flip TGRR which is showing up a little in the trips. Then I could grab a quick 30% there and have twice as much flip profit to put here. I'm on the fence
I will happily grab more down here after I cash in my $SDC calls- Hopefully the price doesn't get walked up and it doesn't look like it is. I have one set of calls expiring Aug 6th and another Aug 13th- both 6.50 the first one I paid .65 premium and the second I paid .75-should be a nice return there and definitely want to keep buying this while it's being held back. Cause once they finish selling it's gonna fly on news. And I KNOW they have good news coming. These guys could have forward guidance forecasting a billion per year in recurring revenue. They could produce better margins/net profitability also and surprise everyone there. In fact it's highly likely they will. When they acquire Asia Pacific it will add an additional 200 mil in recurring revenues. I don't care how they get it done, but they will fetch a higher market cap. It's a matter of time.
Don't be fooled by the price action right now, because the public float is so low this will move up multiple pennies on any given day, erasing unrealized losses in an instant. This isn't a bad place to average down in my opinion. Manage risk, use profits to dip buy- avoid emotion - and know what you own. Patience
The Asia Pacific deal got extended because UNQL knew they needed to wait for some of these temporary road blocks (noteholders etc.) to play out before they could get a better share price and open negotiations. My belief is they are fully aware of the current decline in SP and unphased, as they know it is a minor setback in the long run. Asia Pacific acquisition should take place after the SP has corrected itself to a fair market valuation. (IMO fair market on current financials is anywhere from .12 to 2.00+) That's taking into account the fully diluted weighted average of outstanding shares. (Keep in mind the AS 800 mil) What I see happening is UNQL will deliver a positive earnings surprise with forward guidance before October when preferred shares become available. This will draw in more investors. I also believe that UNQL is incentivized by a higher SP and not looking to sell stock incentives at the market ESPECIALLY down here in the trenches. They KNOW how much revenue they generate. Granted they did issue some shares I can't blame them for that, cost of being listed needs tending to and that's what market capital is for. What is likely to happen is the preferred shares which everyone is scared of will be utilized in the Asia Pacific acquisition under friendly terms, which should allow room for the sp to gain exponentially on earnings, and guidance, in the interim. (Asia Pacific is also incentivized by higher SP) I cannot see any bear thesis that would merit this stock trading at .05 right now which can hold up. The fear of dilution with this company is misguided. Chances are everyone involved here is looking for higher SP than we know. So, aside from the remainder of whatever's left from that last 8-k, I am confident there is a lot of room for the SP to gain back some losses here. Anything can happen, I'm not buying down here just in case I get to see some really cheap shares for sale. Instead will watch and wait, holding my position win lose or draw.
They will acquire Asia Pacific late Oct is my guess. An earnings report before that will revive the stock- or any notes redeemed
Might get a chance to buy more .05's but I'm not in a big hurry.
Not gonna lie. Sucks to see this get beaten up but I'm not selling my position at a loss. I have other irons in the fire I will focus on.
A free ride to the right guy with the right amount of followers and this would go to a dollar before Oct. 06th- pure and simple.
Can't say that I have ever seen anyone in Ihub with such a good grasp on understanding some of the hidden variables that could be at play relative to price action and company brand/fundamentals etc, as you guys in here. It's all hypothetical analysis but I'd be lying if I told you I had thought of the different angles you guys just mentioned. Thank you for providing helpful insight and let's all hope for the best. Really impressed with the content in here lately.
Going to wait for some low .04's before I hit this again.
Plenty of catalysts. More than you think
I'll be buying more of this. Obviously in no hurry- Cheaper the better. As of right now my $SDC call options are already printing so I'm going to ride that up and then take profit. By the end of the week I should have a better grip on when to buy this down here. I'm not concerned with this price action as I know the trend will reverse at some point. UNREALIZED losses are simply temporary unless you choose to realize them. Otherwise you wait.