Moved on to trading/investing in crypto.
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Not everyone follows the market everyday lot of peeps still don't know about the DTC eligibility yet. But they will all know soon, prices likely to rise Monday.
I think it's safe to say we will at the very least stay above the levels we've seen in recent weeks.
No it's because peeps are planning ahead & buying now, before the flood gates of full DTC membership are opened. This will allow buyers who use TD Ameritrade & Scottrade & others who can't currently buy to pick up shares. People think that there will be a lot of new buyers when this happens driving up the price so they are picking up extra shares now before that happens.
I doubt PFNO is a DTC member most penny stocks are not, & unless they are there can't be a chill. Certain discount brokers such as TD Ameritrade & Scottrade sometimes choose not to sell DTC non-eligable stocks. Although you can buy through Scotturd for now.
"DTC chill" is one of the most abused terms in penny land.
It's basically a status thing, I used to wonder about that. You give a member mark by hitting "follow this member" on their profile page. I used to be afraid if I did that I'd get a bunch of spam or something but no it's harmless. Your status is higher than mine but of course you've done more posts making you a bigger target. Here I'll raise your status even higher mark #17.
Oh wait, we must always talk about the stock FOGC! GO FOGC! I'll close this out by putting FOGC in the left hand corner with a $ sign in front of it because people like to do that on I-hub. It's a cliche.
$FOGC
MoneyWorksForMe, AVEW looks interesting added it to my watchlist. No pm, gave you a mark.
Glad I got my .0003's picked up more today. I'm loaded up glad I won't be chasing. It's just a matter of time.
Yeah, I noticed. Kept having to raise my bid finally got in at .0028. Despite claims to the contrary this is holding up well.
PFNO analysis & DD with links.
248,105,952 shares traded the week of May 19th 4x the volume of previous week of May 12th which traded 61,500,372. On Friday 5/23 before a holiday weekend PFNO closed above the 50 moving average. Friday's 5 day RSI showed 84.17 power zone. Chaikin Money Flow shows good accumulation going back many weeks. There are very few shares between the trips no more than 40 mil which means once this thing gets going this can move fast.
1/3rd of all shares are owned by Ergokonzept a German company which is in the process of a friendly takeover of PFNO. Ergokonzept wants PFNO for it's 3 billion dollars+ worth of bonds. ING the bond issuer refused to pay the bonds. PNFO did not have the money to fight them in court Ergokonzept does. According to their prospectus Ergokonzept made a gross profit of 245,000,000 Euros in 2013. Ergokonzept is a subsidiary of an even larger company Resource Development Group.
Proof of plans to own PFNO from Ergokonzept's website
http://www.ergokonzept.de/index.php/en/merchandising-promotion/international-activities
Prospectus
http://www.scribd.com/doc/218223476/Ergokonzept-Admission-to-GXG-First-Quote
Lawsuit in Frankfort against ING
http://www.parafincorp.com/downloads/PFNOvsINGengl.pdf
So why is PFNO running now?
Answer: Ergokonzept has stated it plans to buy another 3 billion shares once it is listed on the Danish-British GXG exchange. It is believed this will happen in June or early July.
Been watching this one since Monday we've pretty much run the .0003's and will be starting on the .0004's Tues. This is still below the radar of most on I-hub but interest is growing.
.0003's the new .0002's. Get your order in quick because there are very few left. Picked up some today & put in an order for another 2 mil on Tuesday. People are going to have a lot of time to look at this over the long weekend & I think they are going to like what they see,so plan ahead.
I see that too. Stockcharts.com & Scottrade say otherwise.
OTC current tomorrow!! Bye-Bye yield sign!
I agree, a strong sales staff guarantees growth. The more people hear about this the better.
Because this can't move up with stability without out putting in the .0002's we skipped that step, when the .0002's are in people will be willing to buy .0003's etc. Thus I hold on, bid my time, stand by, sit tight & hold my horses waiting for .0002's.
Waiting on .0002's. waiting...waiting,,,
I can wait, remain, rest, stop, halt, pause, linger & loiter. This flies when .0002's get filled.
Good question! Not sure why MYEC gets singled out on this point. They may exist I don't know any.
I agree oldman, enough with pot leaf already. This is not an mj play.
Unless he takes time off again like he did after we broke the penny barrier. He may need to take personal sulk time.
Looking forward to watching pps tomorrow.
Still holding all my shares bought in Jan & Feb.
I don't think there is much to worry about. This drop was caused by people spreading non-sense it's over now. Bought in first time Tuesday morning at .0034 I admit I was disappointed with how that day turned out but I certainly wasn't panicked. This drop gave me a chance to gather more powder, picked up more at .002 today. If the price can stay below .0030 till monday morning I'll grab a bunch more.
What is it with panic selling? Nobody ever made money panic selling. I make a decision I stick with it. If I'm not pretty damn sure about a stock I don't buy it. Wasn't planning on buying more after my first purchase but if people are just going to give them away I'll take more. :)
You could report it to Finra bball123
http://www.finra.org/Investors/ProtectYourself/p118628
If the link doesn't work just look up finra.
BAH! This stock is cursed! Selling it all.
I can't believe I've been here two months. If you want a pot stock that never gets high try this one. This dog won't hunt.
Flex-Power doing reverse merger with MONA
This looks to be a good one. Flex-Power sells stuff for work-outs sore muscle creams and the like around the world. About to do a 30-1 R/S which is actually reasonable considering the shell MONA has over 6 billion shares. Some DD below.
Just bought in today figured I'd share.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100939997
I seriously wonder if they ever really planned a 5000 to 1 R/S. It kinda looks to me like they are not ready to do what ever it is they plan to do yet and don't want this blowing up before they are ready for it to blow up. Kinda of like they just wanted to chase people away which they have succeeded at.
I mean do they seem like they have a plan? Other than to chase people away? They don't to me. I don't think they've put it all together yet. I suspect were in for a wait, which might be annoying to some but I think it will work out fine in the weeks or months ahead. What I've stated is just my theory & I'm willing to wait it out, the potential here is huge.
Nice GREEN week!!
Put in two buy orders this week I hadn't bought any since January. I've been waiting to see where the bottom of this downward cycle was. Personally I think we've pretty much reached it, thinking of picking up more next week. Seeing some good price support this week.
As the mining sector turns around I think we going to see this start to pick up steam and I'd rather buy a little early then way too late. Looking forward to seeing what next week brings.
I'm waiting for Monday.
Glad you found that funny, maybe if chucklers like yourself and 911 had bothered to explain what was going on it wouldn't have come as such surprise to so many here. But I guess your to busy having your "LOLzzzzzz".
Let me post it again, give you another chuckle:
"& the only way for Mark to get this trading again was to put it on the Grey Market."
And yes Mark chose to put this on the Grey Market he could have let the suspension stand & give MIKP the death it deserves. He very much chose the Grey Market.
The truth is this is not a legitimate film company. If anyone is interested in independent film companies there are companies out there that yes, actually make films & are cheap to get into that might actually go somewhere. I think there is real money in independent film companies. If your instincts tell you there is money in independent film companies your not wrong. But MIKP will never be a real company.
It happened when this started trading again. It was suspended & the only way for Mark to get this trading again was to put it in the Grey Market.
In my opinion we are not getting to NASDAQ any time soon. I would guess at best maybe two years. But I really don't care about that. What Ed Starrs is currently trying to do is up list to OTCQX which requires 10 cents or above for thirty days as I understand it. And I believe we could definitely pull that off in the next few months. This stock does not belong in the pink ghetto.
Although I've heard the requirement might be above ten cents for three months but whatever either way it will happen this year. Ed said he can do it & after being here for awhile i've noticed what he says is going to happen does happen. Just look at the Q&A for 2013 so much of what he had planned has happened.
Yes Ed does want get back to NASDAQ but that is a ways, away.
No this is not a pink stock it is a grey stock that's why you can't see the bid & ask. This company got thrown out of the pinks. It wasn't up to pink standards which by the way aren't that high. This is literally as low as you can go & still trade.
I wonder if they'll ever finish 'White Space'? Doubtful. But if it ever comes to Red Box I'll be sure to rent it I mean, fisherman in space who'd want miss that?
IRCE now @18 on breakout board.
This thing is starting to move. Glad I was able to get in early. Good volume already 5 mil+.
It means Scottrade won't let you buy this. Why? Because Scottrade sometimes is weird about certain penny stocks. Etrade and others will let you buy this.
Alright I'm convinced, by interesting coincidence I got some money that should clear into my account by Friday morning. I had a short play planned out for it but this looks better, much better. Hopefully I'll still be able to get in the trips if I'm fast enough.
$IRCE
Scooby Doo mystery solved. Been following this for a while now. Well done on the DD Johnny.The only question left for me is do I want in on this? We have no idea when they plan to do anything with this.
Sit back, relax & prepare for take off.
Go MYEC!
But people are compelled to raise their bid if there is ask slapping the more ask slapping the higher the bid. Stocks with all bid sitting go nowhere fast doesn't matter how much they buy.
Well I agree with you. Every time we've hit a new high we've had a sell off. This can be seen in the chart. Every time we reach the new high the low that follows is higher than the previous low. For example the last major low we hit was around .022 the major low before that was in the upper end of .01 if the past is an indication of the future (and I believe it is) we'll be moving up again very soon.
You could buy back huh? But you haven't good. Best of luck finding a stock more to your liking. BTW I'm an investor I'm here for the long haul I bought my shares between .006-0022 I'll be just fine.