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Always a good sign when you see RAFF on the bid......we are near lift off boys and girls.
PokerStar
The article pertains to Benson Mines to top it off......LOL.
PokerStar
The churning we are seeing at this level is good news for we shareholders. This will rocket from this launch pad soon and there will be more than enough green to go around and reward the longs for the wait.
GL to all longs, PokerStar
In time my friend.....We all are waiting, but it will come and be well worth the wait.
GL Bare, PokerStar
Do you care to show a link where it states the company will be out of funds by the end of the month.
Thanks, PokerStar
That was actually 591 million....not 58 million traded yesterday.
PokerStar
I doubt we get any merger news unless it is tied in to the same PR that will state the RS at the same time. Just my opinion but I don't see it any other way.
PokerStar
If you think for one minute that a thinly traded stock like BMSN cant be manipulated by a few, you are sorely mistaken. With this ticker trading between 10-15 million shares daily, it would only take a few large holders to manipulate it. It doesn't happen in one fell swoop, it happens a tic or two every day and next thing you know, we are down 25%. Look at the walls on the ask and tell me that with news coming, that there are that many willing to give up their shares or are tired of waiting. Watch how as a wall is put up on the ask and as the bid gets eaten up, the ask wall drops to the last bid price. Say what you want and believe what you like, but there is no other stock being manipulated like this one.
PokerStar
Its called no bid.....meaning nobody wants to buy this stock ......only sell it. Cant see how this is any good for us but maybe we are nearing the merger time. Who knows.
PokerStar
Betting on more news here Monday and a nice pop to test the .01s.
PokerStar
The new company already stated that there were conditions that needed to be met before the merger could take place. One was to eliminate the debt, which we are seeing happen with all these new shares they are selling. Another is, post merger, to have a reasonable and workable share structure. They had 1 billion shares authorized then increased it to 10 billion to clear up the debt. The new company will not want to start out with a 10 billion share structure, especially if most have been sold to pay debt. Leave the new company very little if any room for them to raise funds themselves. I suspect the new company would be comfortable with a share structure of about 1 billion, with 300 million issued. With their revenues, they could be in a stock buy back position soon after the merger to strengthen the share price. All my opinion. And to answer your question....your 1 million shares would turn into 1000 shares of the new merged company at a much higher price.
GL, PokerStar
I believe it will happen eventually. Only problem I see is the reverse split at merger time will be a lot worse than most here are expecting. IMO, 1000-1 will be likely. Fortunately, the company will have income on the books and are planning on expanding, thus the need to go public. Things could be just fine here in time......... just gonna have to wait it out I suspect.
GL, PokerStar
I agree and with the ramp up of posts from a few, my guess is within a couple of days max.
GL, PokerStar
Agreed Traz......I think we put in some buys at the ask and knock down that wall @ .0035, we close @ .004. IMHO.
PokerStar
typical MM manipulation....
PokerStar
Which is why I am still here....my thoughts exactly, but want confirmation from the company that things are still moving forward.
Thanks, PokerStar
You are not alone.....My average is over .001 also but won't try and average down until the company says something positive. Right now, I am calling this a write-off but still have hope on Gil coming through with something positive.
GL, PokerStar
I hope news comes soon. I sure need an explanation on the goings on here lately. Hopefully this turns out o.k., but I am unsure how Gil can regain shareholder value here and raise the PPS without a massive reverse split. Oh well......we wait and wonder. sigh!
PokerStar
What is really getting to me is the fact that they are content to sell for .0001 as we all have seen very clearly in the last few trading sessions. And if that is the case......with over 800 million shares on the bid @ .0001, why not sell away and get it done. I fear they still have more than that to sell and don't want to see this get to no bid fast and have a harder time to unload their garbage. We shall see, but I have very little confidence left that I see green in this stock by year's end.
PokerStar
Agreed.....time for Gil to step up with an update.....good or bad. We shareholders deserve that much.
GL, PokerStar
If those bid sitters started to slap the ask, we would see double zero by close. That would certainly be a reversal.
PokerStar
AVOP.....finally starting to show some promise.
PokerStar
Hoping we get news soon and these trading shenanigans end soon. Go ACLP.
Good Luck all. PokerStar
Stalled a bit here but we take out the 13s next leg up. IMO.
GL, PokerStar
Not sure what to make of those trades.....signals among MMs....who knows....But after the major dumping of stock yesterday and todays slow action, and the fact that so far VNDM and VFIN have not been at the top of the ask pile bodes well. I truly believe yesterdays dumping was the end of the debt conversion and within a few days of crossing Ts and dotting the Is, we see some news. Another good sign is how the bid is getting much stronger as the day goes on. We just may be in a reversal here finally. All we can do is hope.
Good Luck All, PokerStar
Thanks Richie......have a lot of money riding on this. Hopefully there is a huge turnaround and this can start to look like a wise investment again.
Good luck, PokerStar
Well....by the way the blocks are hitting the .0001s and .0002s today, I am thinking the fire sale will be over today 300 Million so far and 3 more hours until market close. Maybe we hear news tomorrow. I guess we can hope.
PokerStar
Sorry to upset you also, but when I made a large investment in this company, the intention was not to have good money sit here for years trying to break even. With the reverse split that is imminent after the merger.......what will we all be left with....Peanuts at best. Those large funds who were in the know about this share sale to satisfy debt and those same ones who I am sure offered to purchase those said shares at a very reduced price, those are the ones that will moke out like bandits. The rest of us will remain bagholders for years. OMO.
PokerStar
Sorry to upset you so. You tell me what you think of a stock you buy into with so much upside 2 months ago then dilutes at this point.......a few billion shares and totally destroys the share price before the merger happens. Tell me how you would feel if you needed a 10 bagger from here just to break even. So maybe the merger still happens but will I ever recover any of my investment. Sorry to upset you......was just stating the obvious that most of we investors are feeling watching this play out.
PokerStar
Just one more OTC scam I was lured into. When will I ever learn. Thought this was a no-brainer.....now I need a 10 bagger to break even. What a spectacular joke this has become for sure.
PokerStar
Been holding the bag here since the first spike. Always seem to have a knack at finding the losers in pennyland. Two great announcement in the past few weeks and we cant crawl out of triple zeros with conviction. This thing is a real disappointment.
PokerStar
Don't be surprised if he rears his ugly head at the open tomorrow.
PokerStar
I feel your pain. This appeared to be a no brainer to me at much higher prices. Then the appearance of dilution, dilution and more and more dilution. All I am thankful for is that I didn't throw a pile of money at this like I first thought I should. A few weeks worth of wages rather than the last scam I was in that cost me a few months worth of wages. There is still some hope IMO, but it is dim at the moment and may have to hold a long, long time to cut my losses. We shall see how this all unfolds, but Im not holding my breath.
PokerStar
Thnx eck.
PokerStar
Can someone on this board explain to me how we have 82 million on the bid @ .0003 and these MMs go right around that and sell 12 million @.0002. This not the first time Ive seen this on level 2 on this ticker. I am really starting to wonder what the hell is going on here.
PokerStar
IMO, I see this as the last chance for .001s. This thing is way oversold and even without any news, this should bounce nicely with a little more volume and ask slapping.
Good Luck, PokerStar
IMO, VFIN and VNDM are known diluters and although the ask seems thin, every buy that goes through doesn't remove any from their ask. Those who are skeptical will not buy on the ask with them there because where the PPS sits now, a buy @.004 and they take it down to .003 is a 25% haircut. This ticker needs great news and soon to get this trending north where it belongs.
GL, PokerStar
IMO, I see this as the last chance for .001s. Those bid sitters @.0009 are going to be sorry soon. This has so much up side compared to down side, its not even funny.
Good luck all, PokerStar
What bothers me about these large block trades is how they are manipulated. You tell me how somebody or entity gets their hands on 45 million shares of ACLP @ .0003 at the same time as investors are stacked on the bid @.0004. The trade goes right around their orders and hits at a lower price than the going market price. This has gone on for days and all I can do is hope that while, what I assume is debt being payed off by diluting before the merger that is dropping the PPS to new lows, that this selling will end and the bulls will take control again. I have sat by helplessly as I watch my investment here dwindle rapidly towards zero. Something just seems so wrong with what is going on here.
PokerStar
Two can play this game. 20 million @ .0030 now on the ask. Take that biotches.
PokerStar