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What relevance will a ticker change have on the PPS? It's still the same dog and pony show just under a new ticker. If I learned anything from $ANDI it's that when any news/change is released, we go immediate red...and apparently stay there.
I'm so disappointed in this stock.
I would certain hope so and expect that as well...interestingly the only evidence I could find involved only BMIC. Time will tell.
Absolutely..Less manipulation.
I hate seeing BMIC on the L2.
Posted from another Board:
MAJOR UPDATE and a penny stock game changer
I just got off the phone with Alpine and today is BMIC's last day --- BMIC contract expires as of 4-12-2018 end of day , so we were correct on our DD, just one trading day early.
You can call Alpine at 801-355-5588 and confirm this yourself.
So understand the game and trade accordingly!!!!!!!!!!!!!!!!!
Great post monkey. This should put the idiotic argument to bed. This is not the same phone.
LOL yup..glad i grabbed those considering I could have waited 5 mins and got them at 9
Sounds like BMIC may be shutdown, still trying to verify:
Quote:
NEW RESTRICTIONS ON DILUTION!! [THE WORD ON THE STREET]
Quote:
tomorrow fwd they're gonna place insane restrictions on how much dilutive paper funders can sell on sub penny plays...and theyre gonna force penny funders to put up large cash collateral to even dilute sub penny plays moving fwd based on their newly imposed ARC rules
sub penny funders will still be able to dilute...but only if they put up large cash collateral...and even then theyre gonna be subject to only selling small daily amounts based on the 20 day avg liquidity in play k
Call it an "illiquidity premium" based on alpine's new Adjusted Risk Capital rules because tomorrow forward Alpine clearing will no longer be X clearing is all I know so far. Also BMIC's getting shut down tomorrow
Quote:
Alpine's brokers will definitely be warning their clients as much as they can...all's I know for sure is that there's been rumors for months out there...so if I had to guess I would say all that earlier poster speculated about happening this Thursday is true...and we will know for sure by Thursday right.
The bonus for us joe retail penny players will be finding all the penny companies out there with funders locked out from selling their dilutive paper right hahahahaha weeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
READ MORE CONFIRMATIONS
Quote:
I just heard a recording of a conference call. Alpine Securites is essentially locked out of Ex clearing.
A $38-50m capital call is required to keep alpine securites open. IMO Alpine and it’s clients are not short 38-50m but at least 4 or 5 times higher. Alpine IMO is out of business by Friday afternoon.
Quote:
"What I've heard so far is that all brokerage firms that use alpine clearing are gonna be imposing strict illiquidity rules on penny funders making it virtually impossible for them to liquidate their aged debt dilutive paper without posting insane cash collateral.
But tomorrow forward is gonna be when we start getting concrete answers on the new landscape because tomorrow is supposed to be when MM' BMIC gets shut down!"
[color=red][/color]
Law360 (April 2, 2018, 7:49 PM EDT) -- A Manhattan federal judge gave the U.S. Securities and Exchange Commission a partial victory in its suit against a brokerage firm that allegedly failed to file clear and timely Suspicious Activity Reports, ruling Friday that a sample of SARs the agency flagged were “woefully inadequate.”
Alpine Securities Corp., a Utah-based broker that clears trades involving securities that trade for a few cents or fractions of a penny, is said by the SEC to have omitted crucial information from thousands of SARs for years. Alpine said the...
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ADTM AIMH ALL AMFE ANDI ANY BKPPF BRKK CRSM DIRV DSGT EAPH EPAZ ETFM FUSZ GOOD GRCV HAS IFXY IGNE LDSR LRDR LTNC LVVV MAXD MMEX MYDX NECA NWBO OCSY ONCI OWCP OWVI PLSB QEBR RNVA RUN RXMD SIPC SNPW SRMX SSOF STSC SWHI TXTM UTOP VMGI VTNL WRFX
Sure...but not for these peanuts.
Exactly - everyone should have a sell order in at a few bucks per share so to lock them down.
Well this isn't the start I was expecting....or maybe I was. I don't know anymore with $ANDI
Holy hell look at that last minute dump.
R/S is the kiss of death in pinkyland. I was just burned a few weeks back because i missed the announcement. If you ever see R/S mentioned, sell and don't look back.
I honestly don't think this video will have much affect on the PPS at all. I base that on the way this stock reacts to good "news". We need news of contracts to get this bull running in my opinion, anything less and we might see more red.
WHAT THE ABSOLUTE FFFFFFFFFFFFFFFFFFFFF
Your current shares will just be locked so you won't be able to sell your current positions. You can buy and then sell under the new ticker immediately.
Unfortunately not for me. Been sitting at .001 for 7 hours now and no takers.
Thats where i placed my buy order this morning!
They simply tweeted it. And to be clear, they stated they were releasing info on the 1st smartphone, not the entire product lineup as I previously stated.
They are supposedly releasing evidence of their product lineup on Tuesday.
I'm hoping it brings fortune to us all! Especially us longs!
As previously stated, I refuse to consider tweets news, especially with fluff tweets ANDI and crew are known for.
I'll get excited when an official PR is released showing the product lineup. They've only announced a date so far, executing on that will be key. I'm in for long and hope this run continues. $$$ for all.
Yes, a tweet. But i've learned from the past that is not news. Don't get me wrong, I love the jump. I'll be excited when an official PR is release actually showing the product.
Well damn i only had mine locked in at .15. Perhaps I should blow that out like the rest of you big boys!!!
I love how this jumps 38% on zero news.
Thanks! Did this yesterday and should have done it long before. Applied this same strategy to all my other high risk investments. Hoping for the best.
Thanks! Did this yesterday and should have done it long before. Applied this same strategy to all my other high risk investments. Hoping for the best.
I dont think that at all. I was replying to someone who mentioned the possibility of it. Keep going back to in the replies. You'll see the original comment. I just stated it will be the death of the stock if they do a R/S.
I've been holding this bag for too long already. R/S are the death of OTC. I wouldn't be surprised if it happens here. PPS will tank further than it already has if that news were to be released.
Thats why i left scottrade/td ameritrade.
I had no problem setting up the sell order with my Schwab account.
Wish I could join you..but no way i'm selling at this much of a loss.
I'll hold and pray i can recover before some losses before I jump ship.
I honestly don't think that will be enough. They need contracts/proof of revenue for us to see any positive return.
It appears I have an incredible ability to buy at the never to be seen again highs.
Not much of a website they have there.
LOL no thanks!
They automatically credited you back? TDAmeritrade hasnt done that.
More reason to switch to Etrade.
Not only did I get nailed with the R/S - TDAmeritrade is charging me $38 for MANDATORY REORGANIZATION FEE. What the absolute ffffffffff
hindsight is always 20/20! Wish i could fix this darn flux capacitor so i can jam it up to 88mph and make some real dough!
LOL you are correct...it's really only a 60% drop.
got into the game at .05 and didnt have a strong enough position to cover
at the current PPS I'm down 125% from my initial investment.
R/S is the kiss of death in the OTC game.