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At this point there is no DD or speculation need to be done.
Points are this... No volume moves this thing out of the range it is in. Even with retail sentiment changing to the plus side over the last week or 2 and then with this update from DE volume has picked up. When volume picks up and there are buyers, the price should move north... Instead the price sits where it's at even when there is little volume.
RB "said" they are not selling... You got that with your DD and know that this is the case or your just going off of what RB is saying... Who listens to a company that loaned money for shares and made bank and then tells the public they see this company trading much higher at a later date. Hmmmm why would a company that has already made banking selling shares like a printing press here say this company will be more valuable in the future... Pretty sickening how easy it is to manipulate people.
Lol like I said, volume doesn't go from 2 million a day to 15+ million for days in a row and the price stays in the same range unless you are okay to think this is being manipulated and held up in this range.
I don’t see how this can be normal selling. A stock doesn’t sit in a range this long with unlimited shares at this range. It has been perked up with low volume at this .025 to .028 range for months now and then hype begins to set in and a lot of volume comes in, yet the share price still sits in the .025 to .028 range. This is clear offloading of shares. I think we have a lot of strong longs here but either there is a large holder trying to offload without dropping the price or there is still tons of shares that RB is offloading. Otherwise how does it make sense that we go from low volume for weeks and same range then very big volume in comparison to the latter and still sit in same range.
Just as niczar said as we all knew would happen. Price rides early on momentum then BOOM back that truck up with those shares please. This is comical that they think this share price will ever move when they just continue handing out shares. There is no way in hell that this is just those 25 million shares
Look now they got someone to sell so they figured they would try to put their buy at .1625 for 500k shares lmfao this is comical watching them beg for shares.
Yeah everything is holding up nicely. Even the large share blocks that are clearly not retail aren't scaring and causing a 20% dip. Nice to see sturdy hands here knowing the the meat of the news comes after the name change. I see a potential dip a little lower, but this might be it on the dip, been consolidating at this range for a couple of days now with large dollar volume.
We are facing some pressure from MMs that have had no chance to cover filling those buy orders on the way up, so we will continue to see that pressure at every level.
True, and I find it very interesting after you make that observation and I respond to it, suddenly the bid is gone off L2 and there is a new ask for 500k shares at .18 LOL!
Good observation. I'm beginning to follow you a lot more often lately.
Can you tell us how the market maker goes short then almost immediately fills when the price is bouncing pennies at a time and virtually going straight up for days in a row? That’s right... not possible unless if they are okay with taking a wild loss to give CTYX liquidity. There are MMs here with short interest that need to cover.
Crazy the dollar volume that has showed up here over the last two weeks in comparison to not long ago. We could really see a hysteria move here when the name change comes and then news anticipated soon thereafter. Could blow this past $1 quickly.
Lose your shares here if you want too... trying to hold a bottle cap on something with the news that’s coming here is playing with fire.
I observed the same thing and can say I am happy if this is the new direction with the new PR team.
Bought more this morning. Things look to be looking up here again.
Nice post man. Appreciate that input.
Thank you for your informational post DE. Appreciated as always. Very exciting information.
Pretty formidable portfolio this bunch has accumulated in just a year. Going to be nice to see what the near future holds when the name change is official and they start announcing the financing.
All good here long! No side affects yet and it’s been about 5 months now. I do however walk around feeling invincible knowing I still have the antibodies LOL! Carter will get his. I do see a big dilemma for all things considered UOIP coming soon. Wouldn’t share here due to any eyes seeing that might affect things, however not sure it matters much anyhow. Might be a type of confirmation bias here on the board for all of us but I do see a huge case against Carter if we all get screwed in some way in the end. We will see what happens but I still think we all see a nice return here regardless of the likely outcomes.
Which group has $1.5 million to walk a penny stock up that has been extremely thinly traded for the last year to even possibly make much money? Also it was followed up with another $1.5 million dollar day up 50%, I guess thats a "walk up" as well. Someone with a lot of money must have little sense walking up a historically thinly traded stock thinking they will ever get their money back. Or maybe this is just legit, but that would be absolutely impossible, so your right... walk up it is... for a year... steadily...
Clearly this company is moving ahead with monetizing patents. The market understands that as the proof is in the pudding. Not some poster on ihub that has been yelling P&D and wash sales for months on end with the price steadily rising along the way. This is a group of experienced men and women running the show. They have enough experience to gain confidence in the market as is showing. Sorry you missed the boat.
So how does a pump and dump last for near a year now and 1400%+ later?... The P&D crew running the show here needs a medal for such a drawn out effort. Especially with the fake licensing agreements they are being handed from the NIH. Yikes I would hate to have to make this to be a fraud. Give me a janitorial job instead.
Still alive and well brother. Making small gains here and there. Been a nice week for me overall on the market. Hope all is well with you.
Thanks for joining to let us know
Like Mr. Toast yesterday? LOL
Yeah they are wary about filling orders today. Good thing is there is tiny selling and sporadic bid support coming in. It's a good day today with substantial $ volume again on a big gaining day. Always good to see.
It’s possible but normally MMs close out their short inventories very quickly so they have very little risk.
No news? Did you not see BB post earlier? Name change.
I think the only short positions here consist of some MMs that need to cover from filling shares on the way up with no inventory. I don’t think it is anything substantial enough to expect anything to come of it. We will however see some dips on low volume as usual when they try to cover themselves.
Lol it did go back to .10... someone just decided to wack it last minute. That number holds zero value even on a chart. I could care less about a gap down. We all know where it’s going in the short term anyhow. But please continue speaking to try and get in cheapernits always fun to then watch you come back telling us you made $500
I guess you are not privy or experienced with these... otherwise you would understand what today’s news means. It’s not all about charts, actually fundamentals mean more than anything at this level. This ticker is trading at a $33 million MC while MI*I is trading at a $65 million MC with much less going for it.
“It’s toast, it had to hold 10”... closed at .099 or 56% and not .10 or 57% we are toast
A 5 month long walk up on light volume wash trade. LOVE IT!... Diluting? That would be totally contradicting to your walk up on light volume argument lmao... If they are diluting why is the volume so light and moving up so quickly? Not a very bright guy. Those shares were added to the restricted... Do you need the definition of restricted?
This has much more going on than M*TI does.
Realistically I could say in the near term I can see this moving to .20+ just based on what we have now. Then we have the name change coming which will then lead to more news as they start officially moving things along with the new name being official. I’m holding until atleast .25 if your asking. Likely going to hold at least half my shares for $.50-$1 based on circumstances.
MMs gonna start losing their house so they are trying to put a cap on it. Look at the tiny volume take downs after running up a penny at a time. They see no bid support and drop it a penny on 900 share sells etc.
We are sitting around a $33 million market cap with way more on the table than a ticker like MITI sitting over $100 million market cap lol. We have a long ways to go. ENZC bow over $1 billion and we are at $33 million. Glad we live in a world that has so much inefficiency on the market so we can make real money at these levels.
We continue to have some clowns selling at this level that we've been in for weeks now even though this new licensing news hit. Never ceases to amaze the amount of dumbies we have at this level of trading.
It is clear that the team on the board here with Paul is very serious about this company. This company could push the limits and be trading at $100s of millions valuation is the near term if the right things happen. Glad to be here this early.
The fundamentals here are much more ideal and superior to MITI and look where that went. Granted their share structure is a little more enticing but CTYX has a nice SS as well. This is really going to start moving when we churn out these flippers. The news here seems to be never ending and will only get more intense after the name change.
Exactly. They get sued and fined all the time, but guess what... The business is so lucrative that they could care less and continue. Seems like making that much money would mean they are manipulating prices pretty heavily no?
You don't understand the point of a MM (Market MAKER)... They process trades when the orders come through from brokerages. The broker basically throws up the order and the MM decides whether or not to process the trade on their behalf. They might be net positive or net negative shares at any given time when they decide to fill the trade. That being said they will fill buy orders on the way up and be net negative on share position. Then they will cover their net negative position at a later date (most always at a lower price)... This is how they make money. They would otherwise have no source of income.
I’m not much of a chart guy. Fundamentals win out in these plays.