Swinging
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I think we may have seen some capitulation last week. That's a very good thing. GLTA
That's what I'm seeing. I was very lucky to have my bounce/flip play turn into something a bit more substantial. GLTY. See you at 1.00.
Sorry to hear you sold man.
Agreed. I think that haircut scared most of the flippers.
I was one of them, playing a bounce off 19, which obviously didn't work. Glad I held. Will continue to hold past 50
now that all those .05-.12 took their profits on the big dump day last week, this thing is trading very thinly. Our next hurdle will be 50 cents IMO
Congrats to everyone who held through the dip.
I tried to use the big haircut as a bounce play... which didn't bounce. I did some DD and decided to hold. Originally entered at 21, then added at 18 after doing some digging here. I'm not surprised with today's action one bit. I expect this to be worth near 1 dollar in the future.
Hope everyone had a nice day elsewhere. I know I did.
just one more week IMO. 14th we take off.
You would think so, but remember that live dealers are very rare. That's a different market. Plus, speculative technology (kiosks) may put BFHJ in its own league again.
Float is considerably locked.
You can see the manipulation this morning. Big ask bombs... only to have it downticked.
I agree with you 100%. With that said, if there is a bit of buying pressure, bid sitters may consider buying at the ask. But that's not a one day deal. Everyone knows the new merge date is not for over a month, so there is plenty of time for this to make it down to 15 or 16 cents.
There will be money coming in though, the teens are a good entry point.
You can see the manipulation this morning. Big ask bombs... only to have it downticked.
I agree with you 100%. With that said, if there is a bit of buying pressure, bid sitters may consider buying at the ask. But that's not a one day deal. Everyone knows the new merge date is not for over a month, so there is plenty of time for this to make it down to 15 or 16 cents.
There will be money coming in though, the teens are a good entry point.
In general, I'm humored how the discussion on this board changes so much from day to day depending on how the PPS closes. Everyone needs to realize we trade in a range: 13-16 with the occasional 12 and 17 thrown in there. Anything within this range is neither good, nor bad. I do think, though, more volume is good, as it shows players probably selling for losses, giving their shares to new stronger holders. Churn makes for strong runs.
Something tells me BFHJ is going to take this thing down to the wire this month. I see most of the action coming the second half of the month. This will test the nerves of all weak hands. The Ts just finished again, so I'd give the company a week or two to get their words and thoughts together publicly. They are in no rush, obviously, and I trust they'll take their time in managing this correctly.
Their attempt to raise the PPS failed on the last run because one of their falcons sold shares instead of holding (test 1,2,3... fluff PRs). This long waiting period was designed, imo, to let that falcon let his hand go, and establish a new base (which we've done). We are 300-400% higher than we were before the online casino news. I expect to settle, after all the dust is cleared, another 300-400% higher from here after march/april. We'll go higher, but after the new bagholders are established, it will settle down to less than 1 cent, IMO. We may run to 2-5 cents before then, though.
If the news is as epic as we are speculating, we may see much higher PPS.
we are speculating some restricted shares have been freed into the float on the last run. I think the company trusted an investor to hold, but he didn't. The whole thing is taking place again, IMO. Whether or no the investors hold this time or not... we'll see.
CVeg is correct in that a pump is coming. Play it how you will. IMO.
What was BBF communicating when he said "The next step can only be made in silence."?
Opinions?
what made you think it would in the first place? just curious. The chart shows we've had almost identical action the last 12 weeks....
We've seen the same intraday the last 3 days too. Mild AM selling, into a late day 16 ask slap.
EDIT:
No worries. I was just confused. I'm easy going, and super bullish here. Silver too, for the record. I'll be buying a ton tomorrow at a local dealer.
No, ftw
because it will be a good 25% flip on the news.... if the speculation is correct. That's al.
Best luck to you either way.
This board has friends from another board watching very closely.
GLTA
the DD is good, but nothing is certain until we get info from the companies.
IMO
yes. I will be adding more when powder from another play today dries up.
I just picked up a modest position in the "other" company. Has anyone else?
I agree. While I have no position, and do not intend on getting one, I have been following CWRN for a bit, and it seems a bit strange.
Let us know when you get your position, and we'll pretend to care about your opinion.
That's called a short squeeze. We'll have one here if we get news this week or next.
You know what's coming. You know what those Ts are for. You know the company is going to pump this thing and make some cash. It blows they are not giving us any information, but that's why it's trading at this price.
I'm not saying you're impatient or crazy for expecting any of points you outlined in this post, but play the wild west the way it's mean to be played. Pinks are crazy. You have to be a special kind of crazy to play them in the first place. Plus, you never know, maybe they'll do everything they said and you'll make big bucks.
I wait with you, through this month.
yeah, and I was fibbing. I got a position here on Friday. I'm already solid. Go b*hj
We're looking at a possible breakout soon. I should probably get some shares...
Be patient everyone. Eat up those shares. Churning is a good thing, and you can't churn without volume.
I've been watching this for a while now. It trades very thinly everywhere. That's what I like about it. I'll keep my position modest so it's easy to get out when the time is right.
great minds think alike. This month should be epic.
Exactly.
It's beginning to look that way BL. Very tight with shares. That's what you get with a good company and 13 weeks up churn.
They are gonna whack it. I'll be Ts need to go through at 14. JMO
EDIT: Nice, I was wrong.!
What I think you mean is more shares were executed on the bid, vs the ask.
Every transaction is a buy and a sell.
This is normal trading. I wonder if we see Ts. I hope not.
Judging by the L2, there are some strong downward forces being placed by the MMs.
I'm a bit confused why the PPS gapped down this morning. I see nothing but good things.
Looks like .15 is the mark... at least going by the chart