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Just very little volume and sellers pops up here and there. No big deal. We have held over .06 for over a week and still awaiting the ticker symbol change. Once the ticker symbol change occurs I think this will start trending up pretty quickly as most anticipate news to start flowing after the name change.
You mean 27 million shares?... and we don’t know yet but if you assuming dilution your not very well experienced in what dilution would cause. This ticker trades very thinly and has held the .06-.07 range for over a week with very little resistance. My guess is some type of compensation to bring in big whigs or keep big whigs around. Time will tell. Regardless this is going to move well over .25 in the near term unless if they do indeed start diluting this stock which I see zero reason if they are serious about creating a long term business that could enrich themselves along with shareholders here.
I think we agree this is a real company with real growth and a real business model that can be successful. Just seems we are disagreeing on the dilution. If your going to make statements to shareholders along the lines of no more dilution and then do it within a couple of months, it's hard for the market to trust your word. Especially just getting over the many other extra-encouraging statements that did not come to fruition such as the UK deal and the absurd amount of systems to be placed monthly that never happened. It gets old when the man at the helm continues to make bold statements and then comes up short in a big way in many instances.
I agree he has done great things here so please don't harp on the growth YOY. There are just many bold statements that end up creaming our pockets as shareholders in the end.
I agree with this, just getting skeptical of the relentless amount of shares. It was speculated that it is possible those extra 25 million shares were Gary getting his compensation for finally turning a profit. If this is the case then great we are going to sky-rocket when the K is released. If however it is continued dilution, these endless amount of shares are getting fairly frustrating especially when it was stated that they did not anticipate anymore dilution after the debt was settled which was not that long ago and already they are maybe converting more shares.
Starting to really feel like Willy Wonka's endless supply of shares in here.
I guess you have a hard time reading. I said that this was a total P&D scam when I bought it well over a year ago. I made some money flipping the P&D thankfully but got stuck with 500k shares left over and it sat for a year at low end trips almost no bid. Not saying that it is a P&D now. Lazar is profound with his history on these custodianship plays.
I made very good money on another Lazar play, but got burned on FH*I. Had shares from over a year ago here when EGOC was a total P&D play and someone posted some fake news that drove the price from trip 0s to .002+. Thinking of adding more if there is a dip this morning. We will see what happens but normally Lazar follows through on his shells and they bring a very nice ROI.
But you are a shareholder... lol
Although I do agree with the statement. Earlier the sentiment was no more dilution after the debt was settled. Oops forgot we are dealing with Gary and company. He has done great things here but it’s continued to be failures over the last 7-8 months now. Missed big opportunities.
But you’ve been saying this for months... what gives?
Exactly... By the time it gets loud in here the price will be .20+. The chatter has been up and down over the last year or so and the PPS is near all time highs holding up very well.
There are many folks here continuing to sell out their positions. It's quite clear when non stop the ask gets hit and taken down in decent lots at a time from buying. Then the price moves up and little and boom refresh the ask with couple hundred thousand more shares. Been sitting around this undervalued range for far too long. If the dilution is going to continue to be endless, fairly certain we will all pick up and move on at some point. Beyond frustrating when the company releases statements that they do not plan any further dilution yet it continues day by day with continued suppression to the SP.
... They are converting millions and millions of shares to pay off debt. They would have been stupid not to take advantage of all of this retail frenzy and pay off their debt. They got a shot to come out of bankruptcy off of virtually zero change in fundamentals lmao. This was simple
AMC took the opportunity here to settle tons of debt look at all of the converted notes today in the 8k lol. This is hilarious.
Wondering when these unlimited shares will run out. This has become pretty interesting to see.
Almost like there is unlimited shares acailable here at the .027-.03 range. Break it this morning and immediately someone sells into market. Getting pretty old.
When your right your right lol... Can't argue with that.
Was there any indication of clear dates when things would start materializing? I understand the “imminent” part but I’m wondering if that is a couple of days or weeks or months?
I agree this has been healthy churning no shorting.
Someone really doesn't want this to move yet.
Agreed 100%
Looks like the market loves this news. Lol... suddenly we have someone wanting out at .0268 when the ask was clear to .029 yesterday. Weird.
The CEO here has been pretty reliable I will say. Things are finally rolling along and the share price is reacting so quickly because the float is so well locked up as small as it is. We will be .10+ in the coming weeks.
I'm normally not one to expect news. But I have a strong feeling we will be getting a major update here this week as the share price has moved very nicely. Certain news could send this .50+ in a hurry.
I have real valuation concerns at the current price much less anything over $30. With that being said this day and age is much different. Fundamentals mean nothing in many instances such as Tesla/Bitcoin/virtually all bankruptcies these days. Not that I’m comparing GME to TSLA, just that this market is highly obsessive and could care less about fundamentals. It’s all about the trade and the current dynamic of this particular ticker is huge for anyone holding shares I think. I think we see another week or so of continued movement and then the resistance will start to set in when short positions begin to be closed out. However I’m not touching this with a 10 foot pole for obvious reasons. I was really thinking about buying some puts Monday morning but the more I read these fanatical masses the more I find that to be a terrible idea.
This run is unreal.
Seesaw wooohooooo. Just yesterday this was going to .084
Wonder if it's worth looking into.
I live in the Boca area. Thought about looking them up.
This is pretty typical in this realm of the market. Huge upside for days in a row and then weakness is observed on the bid by the MMs so they decide to kill the bids off and pick up the stop loss orders. Easy money from the terrible traders who don't understand the penny market.
Like clockwork! LOL
Let’s see how today plays out. There was huge momentum into the close yesterday. A whole lot of accumulation with resistance being minimum we could see continued push to .08+ today.
It was clear to see this was going to break .06 at that moment in time but they felt compelled to sell at market. It never makes any sense. But sure profit is profit.
This could seriously test .08+ tomorrow in which case I would be highly upset with myself selling at .052 market sell when all indicators were pointing towards a .06 break at that moment.
Wonder how the person who dumped their shares at market in .052 when the price was at .06 feels now... if this holds .055 today we could see a .06 break tomorrow. News could send this .10 plus very quickly on the other hand.
It’s not a theory. And what about the volume tells you different? Big buying raising the PPS up and then soon as someone knocks a couple bids out the clown comes in to set his shares up at a 15% discount from where the price just was.
Over $200k in volume today. Nice move north. No news yet. Something is brewing.
It’s not the MMs it’s some clowns who are terrible at trading... price rises to .06 with bids in at .057+... clown waits until a couple sells go through after waiting and waiting and waiting to then decide to sell into the bid and throw rest of his shares out at .052. Very intelligent
He will be back soon telling us how much he made on a flip. Just watch.
Yeah the resistance is very minuscule at every level. So with news this will run .10+ in a hurry.
The price is moving nicely. There will be road blocks along the way especially in the early stages of the move as some shareholders that have been waiting are expecting this to be a temporary move and sell at first site of green. Clear to see where this is going.
Been holding for over a year. Have no intentions of selling anywhere near this low. The PPS has been suppressed here for far to long. Understandably dilution has had its effect but still this is grossly undervalued. Management here needs to stop coming up short on their lofty projections also.
Lol we have some brilliant people trading this stock. Runs up on strength all morning to .03 and then they sell at market into .025 immediately. I don’t understand how there can be so many clowns in the world.