Make it, but not at another's expense
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Crawfors, you are exactly right...NUMBERS do not lie
Just transferred my cash over this morning...hoping it hits before trading time. I want some of these bargain basement prices...next week should be a very good week.
Best to all of you!
poop in this case...when shorts manipulate, there usually is an end of day pop up, with a small purchase of shares, that covers them for the day.
happened yesterday...wondering if that means tomorrow will be an up day.
Dont get me wrong, but I hope not...I have money coming in to my account and I could use another 10K-20K shares
likely to see an end of day small pop to cover...
nothing more than that.
Poker...just bumped up above $1...
agreed on the RED though...all my plays are RED...legit and otherwise.
I have all mine locked up through $50, even though short term I think we are looking at $3-$4...as long as they can't borrow them cheap and screw others, I will keep it at $50
charts looking a bit better now...lets see for how long.
Mister, based on some of your comments on other boards, I know you are a trader and know the ropes.
That said, these manipulators will turn the screws...they have deep pockets and will do their best to keep this down.
But it will pop up and we will win in the long run!
Risk, I have leveraged up from my initial base at around $0.45 and bought at several points on the rise. No shame in that.
I am currently sitting at a $0.9933 cost average for all my shares and if this low price holds through tomorrow, I will have an even lower cost average.
These manipulators want to scare people into thinking they made "another bad investment", and they know the tricks. For most, they should just shut off the computer and go outside and enjoy life and check back in in a week or two...
we went from ZERO bashers on the rise, to over 4 now on the fall...coincidence? NOPE
Best to you...be your "Brother's Keeper"
misteroldman, typically there are a set of requirements a stock must meet to uplist. $2 is the standard close point a stock must have to be considered on the Nasdaq Capital market so they are going to fight to keep it down.
Think Gamestop...the shorts got screwed big time by the investors, and we can do that here by not selling, and locking up your shares.
Best to you!
https://www.colonialstock.com/nasdaq-listings.htm
Mac, if this holds these prices until tomorrow, I will be picking up another 10K-20K shares or more.
Hoping in anticipation, but I think this will rebound before lunch. News needs to percolate, and buyers will NOT jump in when they see a steady drop occurring.
It needs to slow before seasoned investors will pick up. looking at all the signals, this one is still weak and will likely test
$0.70's
Risk, here's a GREAT read for you on this manipulation...
https://www.griproom.com/fun/why-your-stock-is-always-red?fbclid=IwAR0XUslMff4hTprmZykfMwd1z5wf-uoNfGOEZ50smiMPD4AoB-XwzAzr7X0
Agreed Laster. Criminal. Tell me, what other area of the world can you SELL something you don't own? they borrow shares and take a risk that the price will fall, then they act in concert to drive the price down.
The shorting should be stopped and never allowed, only then can a company's true value can be ascertained and realized through the stock price
If you're scratching your head wondering "WHY???", just remember that the automated systems are designed to win...kind of like vegas, the house always wins.
That said, the shorters are out in droves...53% short volume is problematic. I think this is last minute covering...they also realize that pre $1 is a psychological point for a lot of people...it is, and I am psychologically picking up shares at basement prices :)
https://www.otcshortreport.com/company/IQST
they are walking this down, but the bottom appears to be a hard bottom at the moment around $0.98...pick up cheap shares while you can.
within a week, this will be a distant memory
Leandro, I sort of scolded them on Twitter:
@IQstel
As a Shareholder, please consider the damage a poor PR can do to the value of your company. Please be more detailed in your approach (i.e. dates, etc).
Additionally, it would bode well for the company to release financials on time. Lastly, please provide Uplist details
9:10 AM · Mar 3, 2021·Twitter Web App
I put a lengthy message on their FB page on this telling them NOT to put out basic PR messages, and asked them to be specific on dates, timing, etc. Hopefully next week's info will be concise and specific.
I told them when they put out stuff like "in the next few weeks" or "In April..." instead of "On Mar 22nd, we will be filing..." or "Mar 14th, we will be releasing our 10-K..."
I told them that manipulators use the vague messages to pound the price down and demoralize the investors.
Hoping they got the message...
Best to YOU!
Knux, if you look back on my early posts when we were sitting around $0.50, I said I wanted to see slow and steady rise, with no huge spikes. The analyst set the price target at $1.60 and then everyone started in with $2, $4, $5, $10, $40...
This is wishful thinking in the short term, and a lot of traders here are not long term...and long term to them is 1 week.
When this gets its legs again, it will rise up...buy at the cheap if you're able, I have.
Be realistic and don't spread hype people - that is how people get burned...
Be your "brother's keeper"
Best to All!
The slight "bump up" at the close is just Shorts covering for the day.
Hold and be happy...sell and kick yourself...IMO of course
Agreed Crawfors...
gonna be a monster when it hits...
Unfortunately, when markets are doubtful, the first thing to be impacted are small/micro cap stocks, then it cascades up from there.
IMO, unless they produce some financials, we are going to continue to teeter and fall...if we close below $1.20 today, and no financial news pops into the equation, then this could test Pre-$1 tomorrow.
Most of the trades today are for $1-$2K with only a handful of larger sells, which tell me the dip scare is being effective.
I just liquidated some more and am in the process of transferring over to the platform...if this continues in this area, and below, I will be feeding on these cheap shares.
The biggest problem I have seen in the last few years with investors is that 1 week is like asking them to wait a lifetime.
Warren Buffett's approach is best: when you find something worthwhile to invest in, buy and hold...
Best to you...I realize this may seem to put people on edge, but all good things to those who wait.
We are being manipulated by groups like Sykes...plain and simple.
Dutchpaul: looking at the charts, Momentum has slowed to a crawl, so no significant movement there. RSI was bouncing about the 50 line (neutral) but has dropped slightly below.
The Bolli bands are constricted very tightly and just barely shows signs of Buys, but the bands are down quite a bit from the 0 line.
Stochastics is signaling a small positive bump, but nothing of huge interest...
Wishing these charts were a crystal ball...I am good holding my shares...
Dutchpaul: looking at the charts, Momentum has slowed to a crawl, so no significant movement there. RSI was bouncing about the 50 line (neutral) but has dropped slightly below.
The Bolli bands are constricted very tightly and just barely shows signs of Buys, but the bands are down quite a bit from the 0 line.
Stochastics is signaling a small positive bump, but nothing of huge interest...
Wishing these charts were a crystal ball...I am good holding my shares...
I quit Verizon over their excessive fees...transferred to another carrier, and the phone being a Verizon Android created a WHOLE different can of worms to boot...
this new process will be a huge game changer...
Not to mention 10% of the $260 million they will be profiting from...
For ANYONE who has ever had a phone carrier, and wanted to switch seamlessly, you know the PAIN that you can go through and all the time you spend on your phone to make it happen...
No longer...THIS is a game changer...
"The MNPA allows a Mobile End User to easily and quickly change form one Mobile Network Carrier to another in just 3 clicks. No days long dealing with a service provider anymore.
iQSTEL's MNPA is anticipated to be an industry gamechanger as it allows Mobile Users to seamlessly change from one Mobile Network Carrier to another."
Hoping you ALL saw this NEWS - another $26 million in Revenues!!
?????? AMBASSADORS FIRST NEWS ??????
IQST – iQSTEL Announces Mobile Number Portability Application Blockchain Platform
New York, NY – March 3, 2021 – iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced plans to launch sales of its new Mobile Number Portability Application (MNPA) Blockchain Platform beginning in April of this year, 2021.
The MNPA is a product of iQSTEL’s Blockchain platform development subsidiary, ItsBchain.
The MNPA allows a Mobile End User to easily and quickly change form one Mobile Network Carrier to another in just 3 clicks. No days long dealing with a service provider anymore.
iQSTEL’s MNPA is anticipated to be an industry gamechanger as it allows Mobile Users to seamlessly change from one Mobile Network Carrier to another.
The initial estimation of the MNPA Platform as a Service (PaaS) market size is approximately $260 million annually. iQSTEL’s ItsBchain subsidiary is targeting a 10% MPNA market capture between 2021-2023.
ItsBchain’s long-term goal is to implement the MNPA PaaS, or as we like to say, Blockchain as a Service (BaaS), with over one billion end users.
Our MNPA BaaS will include smart contract functionality and as part of the Blockchain platform, our MNPA will also include a high degree of protection for end user information.
About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) (www.iQSTEL.com) is a US-based publicly-listed company offering leading-edge Telecommunication, Technology and Fintech Services for Global Markets, with presence in 13 countries. The company provides services to the Telecommunications, Electric Vehicle (EV), Liquid Fuel Distribution, Chemical and Financial Services Industries. iQSTEL has 4 Business Divisions: Telecom, Technology, Fintech and Blockchain, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company has an extensive portfolio of products and services for its clients: SMS, VoIP, 4G & 5G international infrastructure connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas Platform, IoT Smart Tank Platform, Visa Debit Card, Money Remittance, Mobile Number Portability Application MNPA (Blockchain Platform) and Settlement & Payments Marketplace (Blockchain Platform).
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
iQSTEL Inc.
IR US Phone: 646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL Inc. and its subsidiaries: www.iqstel.com
I had other interests I decided to sell out of and dumped it into this baby.
Long term, I plan on a very nice retirement...might even have a personal chef...
Best to all of you that know the plays of the Manipulators...they were out in droves...IQSTel had 2 as of yesterday on this board...and more out on other sites I would guess.
Knowing what we know, to have this drop over 40% in 2 days for no reason should be the telling sign to ALL investors.
Picked me up some more cheap shares...
Thank you to all the weak hands out there!
To all the Longs, Happy Days are ahead!
NEWS...
AMBASSADORS FIRST NEWS
IQST – iQSTEL Announces Mobile Number Portability Application Blockchain Platform
New York, NY – March 3, 2021 – iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced plans to launch sales of its new Mobile Number Portability Application (MNPA) Blockchain Platform beginning in April of this year, 2021.
The MNPA is a product of iQSTEL’s Blockchain platform development subsidiary, ItsBchain.
The MNPA allows a Mobile End User to easily and quickly change form one Mobile Network Carrier to another in just 3 clicks. No days long dealing with a service provider anymore.
iQSTEL’s MNPA is anticipated to be an industry gamechanger as it allows Mobile Users to seamlessly change from one Mobile Network Carrier to another.
The initial estimation of the MNPA Platform as a Service (PaaS) market size is approximately $260 million annually. iQSTEL’s ItsBchain subsidiary is targeting a 10% MPNA market capture between 2021-2023.
ItsBchain’s long-term goal is to implement the MNPA PaaS, or as we like to say, Blockchain as a Service (BaaS), with over one billion end users.
Our MNPA BaaS will include smart contract functionality and as part of the Blockchain platform, our MNPA will also include a high degree of protection for end user information.
Just a reminder to ALL Long holders:
(from the Ambassadors FB page)
Dear Ambassadors,
The main goal of our company is growth and shareholder value. All of our news are based on our four business divisions and related to our business execution. We will make announcements and share with the group the exciting future growth that we have planned as soon as applicable. Please remember, the business value and fundamentals are the same today as they were two weeks ago. We're on track with our business plan and executing it as designed. And yes, the company up-listing is a reality that we are working on. We're happy to have you here as shareholders of a debt free company with a bright future ahead! Thank you all for your support and understanding.
IQSTEL Management
Tyrus, the difference between a short holder and a short seller is largely defined by a single point: FINRA
Short's are required to be reported by the platform they trade on (E-trade, Ameritrade, etc).
A short holder is subject to having funds held up for a period of 1-3 days while the sale is covered. Granted, if you buy/sell enough you can be defined as a daytrader by your platform and then that could be compiled into their reporting to FINRA.
Most here are not hopping in/out for the quick pop, and really only pick up cheap shares...
those who "daytrade" and actually do short the stock on hopes of a dip, they definitely do get reported.
Ken, exactly right...Short volume (as of yesterday close) is at 55%
https://www.otcshortreport.com/company/IQST
this one is going to fall for a bit...weak signals all around
IMO, I would love to pick up some super cheap shares this week...Friday is my "gonna have some funds" day
Knux, the thing the Officers of IQStel need to do is plan a better strategy for Press Releases.
Saying stuff like 'news at the end of the month' (paraphrased) is not adequate. Add dates, timing, details...moreover, they need to be focused on uplisting.
The one thing that bothers me is why they haven't said "we have the filings ready to roll, and when the stock closes at X, the papers will be filed" then follow up with details on the filing.
Also, I don't like folks like this whammo coming on here talking trash, but the upside to him doing it is that it solidifies that groups/MM's are manipulating this stock, and will continue as long as they can--they know the potential upside and are going to play both sides of the game.
For February, we had an average of 49.3% of our daily volume being shorted.
That said, they are here, and management needs to burn them down with solid press releases...then its gamestop all over again for them.
and enter the manipulation...geesh, this thing is reacting erratically. Signals point up...strong RSI around 65, and then sharp immediate reversal.
Looks like there might be a pop up in play
Nice read Mic II. Look at #9:
"9. High short volume, low short interest.
These numbers must be reported accurately to financial regulators. They can’t hide the overall short interest in the long run. But what they can do is cover their short before the short interest is reported.
This becomes obvious when short volume is high, say 45%, but total short interest is low, say 3%."
If you look at the entire month of February, we averaged a daily short volume of 49.3%
https://www.otcshortreport.com/company/IQST
Tyrus, agreed. last week was a rough week. when the market starts tanking, pennies can get hit hard, especially if you have 2-3 days of consecutive down days.
Hopefully Wednesday or so we should be popping up, but until then we will continue to test the lows.
Right now the RSI is weak below 40 with momentum going soft, the bolli bands staying tight, but Stochastics are showing a possible small reversal or stabilization.
My $0.02 of course.
Best to you!
ALL: When you start seeing negative chatter from posters, remember that their presence says more than you may be seeing.
First thing I do is look up their Alias, then I read their respective posts. In the case of Whammo, 99.9% of the posts attack the stock and it starts with the usual "I own this stock" followed up by trash talking.
Imagine being married and saying "this is my spouse and I married her" and then turn around and say she's worthless, she's homely, fat, got warts, etc...this is their tactic. They come in with an M/O.
If a stock is worthless, P&D, trash, then why are they hanging around? Seems to me that they rely on some being willing to waste their time and respond to them.
Do yourself and this board a favor, and just ignore these posters. You can read their posts and see if they are offering any valuable info, but likely all they are trying to do is breed discontentment.
All said, I do wish the recent press release was a bit more specific, but then again I have faith in their process and look forward to future growth here.
Best to All!
Still a lot of shorts in this one...43% of volume
https://www.otcshortreport.com/company/IQST
Crawfors, I would love to pull out cash from my other plays, but 60% are short term plays with huge upsides.
Aside from that, my ADA is my other big long term play...anticipating $10 within the year, and the 3-5 year is ~$100
so as it keeps climbing, it doesnt pay for me to pull out for the same type of play.
Thanks and best to you buddy!