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the stock already did make a big time run north, 4,500% worth. 45 bagger within 2 weeks and they just added 20 BILLION new shares to AS.
Also "presently in negotiations with private investors for equity capital which would potentially enable Primco to repay all of its convertible debt"
Which means they are talking to investors looking to raise $ to pay off their CD in exchange for giving them shares they just added to AS. Which means likely big dilution coming.
Made nice money flipping in day trading account today. Have some small shares .0031-.0032 avg in back account. Don't see much reason to hold now and frankly kinda pissed at management for putting out crap like this into monster momo right at highs. I'll be long gone early am, good luck with this co moving in the right direction while registering 20,000,000,000 new shares to sell.
hah PMCM nice was up 50% at close co releases news at midnight saying they increasing AS by 20 billion. Will be lucky to eek out any kind of gain on this batch now, well done jerks.
how is it any different? uhmm oh! our stock is up 4,500% and tons of liquidity now, lets increase AS from 5B to 25B. How is this different? They increased AS by 20B not to dilute?
usually in Nates chat during the day. Ihub a little slow, generally check in if things are slow or end of day.
think Ryan played bounce on it today earlier. hoping for bigger sub .01 wash tomorrow but might not get it. we'll see, so much out there
yep another crazy one. tried .013s on that big dip last week but didn't fill any. havne't bothered since. oops...
fingers crossed this keeps up for awhile
people trading these things must be high lol stuff up 1,000% for the day, no problem. just keeps going and going and going...
BAYP probably should have held overnight too, was watching all day but didn't trade. took some .002-.0021 during last hour but flipped out .0025. probably gaps .003+
man what a crazy market this is. holding some PMCM for tomorrow from .003 and some adds .0038. Sadly sold trading account big shares .0031-.0032 from .0028sh. rebought smaller few times for some flips but oopsie, had over 10M
well they did let me out 5M worth .0004. guess can ride rest 15M @.000275 avg cost. thought for sure will be adding 200M .0002
well there is big risk is and calculated risk. go for broke = buy 10,000 lottery tickets.
yeah but every 50 bagger missed chasing 33% higher over my 16-17 years trading I probably got stuck at least 50 times.
biggest thing is to preserve capital. if you miss a trade then be it, better miss a good trade than pay bad price on many other trades. let trade come to you, why force and piss money away?
hoping it pulls crazy smash monday like to .08 then bounce .15. pipe dream likely but seems steam ran out and slowly basing lower as it gets sold into bounces.
you in IU chat? if so msg me.
lol yes they are trying to hold this down by propping it up with 150,000,000 shares on bid
epic trading strategy! don't matter what price! just buy buy buy! lmao
well 12 year script kiddy kid can create an app so not all that much to speculate IMO just a fluff pr with marijuana in it to bring in buyers since the whole sector been on fire.
you waiting until tuesday for .0003 or .0002 ask?
they will develop an app? exciting stuff...
yep. definitely watch what they do. propping up big bids while selling into smaller ask and then refreshing sells .0004s is kinda obvious whats going on here.
buy the dump sell the pump seems to work better for me. but thats just me. some just always buy buy buy and never sell. suspect same guys that were pumping this .0004 were actually dumping there.
at .0002 its double shares that pumpers were posting .0004s are just about gone minutes ago... seems like a little better deal?
I might consider it .0002, probable be hitting .0002s before eod
yep. you should buy some .0004 since the other ran .0008 lol but you won't and pump this for others to buy. good luck...
oh I will, no point chasing this garbage and paying a premium. it'll probably fall right back.
all the volume happened couple hours ago, dead for 2 hours now. come on .0002s
was debating buying but when .0004 seller refreshed instead of letting it uptick its obvious there is a bigger seller in it trying to prop it up.
$15k bid vs $10k ask. no volume, nothing going. stock is dead, probably falls right back.
what bid?
nj, hope you got a good exit
did you ever think people bought in anticipation of the bill getting passed? Buy rumor sell news scenario here IMO
Hope it goes higher for those still in, this is good for OTC/pink markets. just being a realist, when the tide turns it'll get ugly in a hurry.
short otc/pinks?
lol guess its time to get my script and head for a dispensary down the street
yep, filling buckets over here myself. my last buy .261 made it to .265. oops...
watch it go .32 on us since we out lol
tnx, scary buy there but went for it with a tight leash. sold too soon like the other dozen times today
although you probably bought mine .15s-16s yesterday lol hopefully gives us a big pull like yesterday at some point today
thanks for the shares did a quickie 100k .251 to .26s ;)
feels like it. HEMP finally lost trend line support its held since .19s. hopefully a controlled drop for awhile with some panic at the end.
SING on wathc down 30% here