Once every seven years I get a little "randy."
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Oracle, I think my message here is simply don't try to second guess what the market makers are going to do short term. Ultimately, in their effort to get as many of these shares as they can, they will shake the tree in different ways and if you try to anticipate thier moves, you will likely end up owning fewer shares in the end.
Let them do as they will, but just hold.
Just Hold. No fancy footwork.
Spock
For what it may ever be worth to anyone here, my " strategy" has been the opposite of what I had done in the past, which was to try and second-guess the manipulation. That never worked out for me.
I bought way below a half a cent,middle or early August, the did nothing. I knew nutzoid games were coming and I was not going to play. I watch every time the tree shakes but do nothing at all
I have every share I bought and then some. That is what has worked. Don't try to play the games. It has generated many, many thousands for me so far and from what I can see,this should be my strategy in the future as well..
Spock
I
Oh, yes. I will be adding to my cache, no doubt.
Even though the past few weeks have had plenty of redness to go around, it seems there have been many signs of good old green blood if you look hard enough.
To Monday, then. Gltu
Spock
Over the past year and a half I've read about several of their more interesting projects. This company is cutting edge, state-of-the-art, and beyond and they're trading down here still after apparently quite a bit of time? yeah they got to change something and I'm sure they know it I don't know what's stopping them though. What these guys have going on here is worth a hell of a lot more per share than what they're asking. This is a damn shame.
Spock
Why, I do believe we are sprouting legs. This is fun.
Spock.....after several short flutes of tawny port.
Can't argue with Mr Clean. The accumulation here is just as he says. It's phenomenal. I know this is just a situation where I'm in exactly the right place just somewhat ahead of the right time. A good look at the key indicators tells you all you need to know.
The hell of the waiting is that once the price starts shooting up to where it ought to be and then growing from there this whole matter of getting blown off and ignored is just probably going to go away without ever getting a respectable explanation as to why it happened and that's a shame. I know there's competition to be considered, as always, but I do think it would be fair and decent at some point to have it laid out to us in just why the embargo on information. Why are people getting blocked off for asking legitimate questions. This kind of treatment really just gets my bloomers in a wad.
Okay enough information about bloomers. I hope you all have a fantastic weekend and we will resume our vigilant stand Monday morning.
Spock
IJJP in a downtrend? Absolutely not. I went back over the key indicators that I use reliably investment after investment and I got to tell you if there's one thing IJJP is not, it's not in a downtrend... Not at all. In fact just this morning I doubled my position and I'm very seriously thinking about doubling it a couple of more times during the course of next week as I watch for opportune moments.
If I could change one thing it would be the number of outstanding shares but in this context it doesn't bother me at all. At these prices it's a great time to get in.
In the short time I've been in I've more than doubled my money and I know that maybe not seeing a whole lot for many people but it's a lot better than sucking in a hornet while snorkeling.
Spock.... don't ask
Manipulation or not, it held it's value beautifully.
Ok, let's call it manipulation. Most know what they're watching/ looking at. Someone is interfering with market dynamics and the value holds. Since there is nothing the retailer can do about it, either ya stay or sell. Looks like most decide to stay.
And why not? At some point, the manipulator, who has been throttle holding this for weeks will decide the time has come to make money. best to be here when that happens. Chasing feels bad, looks even worse in black and white.
Sit tight, enjoy your flight .
Says your Capt. Spock
The way this is playing lately reminds me alot how brtxq had been treating retail in the few days leading up to yesterday, a key court date for them .
I had tried to warn shareholders that whenever there exists the potential for big money to come quickly, big money really lives by a " no mercy" mindset . Any headgame that can shake the tree with unspeakable fervor is most likely to be used.
In this case, I think it is likely everything has already been greenlighted, but greed rules the day. Before letting this run, they must be certain they have as many shares as they can let lose
Of course, I am wrong. I have no proof, but it surely feels this way.
Spock.....no shares for sale here.
Alrighty, then. Where is the next chap 11 that may be brewing somewhere down in the trips? Im on the hunt.
SPock
Congrats to one and all. What a powerful day in the otc.
Spock
The judge is saying that the plan makes perfect sense to him. The attorney for demarais claims he doesn't understand the plan. Comical.
S.
OCmill: to answer your question, no I was not expecting a different result. I was simply posting from the declaration of the CEO for the benefit of those who were worried about whether or not their shares were going to become worthless. I have known all along that it has been intended, by virtue of this reorganization, that the shares' value would be intact. I was not asleep at the wheel thank you very much. I hope you're making a mint.
A lot of people are going to make money here so let's just put the nasty aside and move forward.
Spock
Go ahead and do that sheers, we all believe you 100%, and we are so so happy for you. You're just a God from the realms of the stock heavens.
I would say that if you sold before this hearing, it sounds to me like if you buy now or within the next few hours you will enjoy the safety of having this court hearing over with and with it not being a factor in your thinking anymore. Don't wait. Don't wait. Don't wait. You get a second chance at the well.
Spock
4. Existing shareholders will retain their original positionsby way of the equity they have in their original shares.
This is not a quote, but a paraphrase. All of our shares have not been canceled, all of their shares are good .
Spock
Tchalla, I've been having trouble with just the next page. All other pages work fine...
Spock
Peesha, I'd you'd like,I'll cover for you while you're out.just shoot me the details.
Spock
Remember, the people who want your shares are going to show no mercy whatsoever. They're going to take and/or create every opportunity they can scare the hell out of you so that you sell your shares. If you've made it this far I say don't give them the satisfaction.
If you've never been in this situation before, I say trust the process. You can rely on the process a lot more than you can rely on the people. This is the kind of day many people get into the OTC for to begin with.
Don't sell.
Good luck to us all.
Spock
This one has been fermenting for a bit. I'm ready to see what power it has.
Spockulator
Ya, we got this,Ace.
Spock
To whomever posted that voting record, thank you so very much. Being able to inspect that page by page really help put my mind at ease. Sure I have my worries like anybody else but I understand what's happening here, I understand why and I understand why the judge is going to approve this. It appears to be a formality and nothing more. Tonight I will sleep well and I very much look forward to the next chapters of this.
I wish only the very best of luck to everyone who's going through this. If for any reason the price drops below a penny I expect it'll be a number of people who jump back in, I can't say I blame them. As for me, I have not sold a share nor do I intend to. I understand exactly how this is supposed to play out and I feel confident it will play out as expected.
Spock...no guts, no....
Drog, I'm thinking Auctus or friends of Auctus would have the money to mess things up if they were so inclined.
For that matter there's probably many people who are not friends of Auctus who might have the money to do this sort of thing, as in shaking the tree as if it were a palm tree in Puerto Rico during a hurricane.
I think there are many people who would have the cash to mess this up but I don't know if they would have the inclination to mess this up. For the Uber Rich even something with this potential would be small potatoes to them.
Spock
After the last weekend, many were swept up in predictions of this going to 0.05, 0.10, 0.12 possibly higher before tomorrows hearing and this has not come to pass at all. It has surely been discouraging to many.
The headgame being played is working for those playing it. It is no surprise that as we approach the final moment, many are deciding that for them, this is just not worth the risk.
Inasmuch as there is big money to be made here, those with lots of cash are playing for keeps. They are putting everything into shaking the tree as much as possible. I believe I understand what is happening here and I fully intend to keep all my shares as we go through this. I believe there is a worthy bounty on the other side of this court decision.
As we get closer to the court's moment I understand it will just simply be too much for the nerves of many investors. I know the judge could be presented with something that causes him to postpone a decision for some reason. Or we could come sailing through just as predicted. (THis is what I think is going to happen.) But this ride IS worth the money I am paying for it.
Where this goes, I go with it.
Spock......way too cool not to be here.
Both of them?
Why did you just sell all your shares?
I like that it's trading a little bit more slowly, a little bit more like a normal stock. Otherwise we run into locking heads with SEC, Wall Street wanting to halt trading. As exciting as that can be I'd rather just make a steady march northward. As I say like a normal stock would.
And is mentioned here a couple of times already this morning The strength of this has right now is unstoppable. It's kind of like a superhero. Everything you throw at it it just deals with it and moves on. That is the sign of a very very strong equity. Everybody keeps a cool head then everybody does well.
Spock..... But for a pathetic few this is a very fun board, with many experienced people who are willing to share wise advice. Let's just keep doing what we're doing and by all means slap that ask.
According to Jim Cramer, buying into companies going through bankruptcy can be a great investment IF the emerging company has no debt.
Spock, an even happier Vulcan
@magnix:. I believe t
Oct 10 marks thirty calendar days from the hearing where theReorg plan is approved. I will check this morning to see what is so significant about these particular 30 days.
I suspect that it means either the "q" designation for bankruptcy gets removed from the ticker denoting the company is moving on from bankruptcy or that no company actions like splits and such an occur.
Spock.
Wrong. "Q"
Some posters are not making clear which one they're talking about and it is confusing other posters.
We all know about a form "10-Q", the quarterly financial report.
The other "Q" here is the letter attached to the ticker BRTX.
WHen a company goes into some chapter of bankruptcy, the letter Q gets attached to the right end of the ticket to notify everyone this company is going through a bankruptcy proceeding.
Spock.
This has been a public service announcement. Sorta.
Ill drive. Got a real lit shuttle.
Spock
Include me in that figure, easily.
S.
@brazilianguy. In a nutshell, I certainly do think it quite possible to hit a by Thursday or before.
Spock.......and some guy named Eddie.
You know a lot of people came here last night looking for answers. It was a tough call to make. Many had never been in this kind of a position before in terms of what they were getting into. Another thing happened last night that was really great. Take a look at some of the posters came here to share their knowledge experience their truth. Compare their posts to what happened today. These are the people you want to follow. They know what they're doing.
Spock
If you already have shares, hang onto them tight and don't let them go now. Next week will be a watershed week for you. If you're not in already there really is still time. Grab a slice. And if you're just not ready that's okay. Sit on the sidelines to watch and to learn. When another one of these comes along you can judge if you're ready yet.
Gltua
Hey Penny man, for what it's worth and it may not be worth much, it appears they just updated their sphere structure within the last 48 hours on OTC markets so either they're about to do something or they're keeping current frequently for a specific reason whereas many OTC companies let it go for months without doing that thing. There's a good reason for somebody making the effort to do this so you might want to try a little harder to grab yourself some more shares as there may be something in the works.
Spock
Vinc, I get your confusion. There is a subset of investors that target certain percentages as their quote target end-quote price. I used to be one of those. In some circumstances I still am. It's just where you say once my investment makes x percent, I'm gone. This philosophy preserves and protects a profit and protects them from the onset of greed which leads to taking irrational risks. It's very simple, but somewhat rare here. It is a successful strategy though, even if conservative.
Spock
So far, after watching this for a bit I'm doing a little bit of DD, not enough, but at least a little bit, all of the key indicators are where they should be. So if they're trying to pull something off and it's something good they're doing it from a fantastic foundation.
From a float point of view it's no wonder why this thing can jump like crazy like a pencil rolling off the edge of a table. It doesn't take much. The float appears to be tiny. And a lot of these values that are near the float appear to be recent. That's important. That means they want people to know that they are on top of their share structure.
The minute I find anything that doesn't support a green light on this stock I will report it here, but right now based on what I have seen thus far this has everything it needs to be a winner. over the long weekend I will give it the serious going over it requires for me to be satisfied that I'm going to stay but right now that's what I'm inclined to do.
Spock
If, after all of the posts by very knowledgeable and reputable posters, tchalla, stervc, etc., you still feel like you do not understand what is going on here, then this may not be the play for you.
And not that I am anymore or less knowledgeable than they, I do have personal experience with BK courts. Perhaps they have as well. I do understand exactly what's going on here and I'm scraping together everything I can to put into this because I can see exactly where it's going. And I wouldn't want to miss it for anything I would be kicking myself down the block into the middle of next Tuesday if I missed this.
And I would be a foolish person not to say yes, the cruel hand of fate could come in here at any second and - everything up against the rocks but doing this is a risk game. The reward is so high I really don't have a justification for not taking it.
Feel free to write me if you have a question. But don't ask me to do work for you. If ever there was a case that understanding your DD was crucial, this would be one of them. I would be honored to help as many people as possible make out as well as possible but don't ask me to do your work for you.
Now let's get on with the day shall we? There are decisions and money to be made here.
Spock, hopefully...$pock.
Despite my portfailure getting some what decimated the past few days, I was able to grab a mighty healthy chunk of the 012s today. For this I am grateful.
After studying the salient points of that 27-page report, it seems pretty clear to me the judge is not about to go back to square one and start this all over again. As mentioned previously, he has signed off on the vast majority of the documentation that moves this bk plan forward.
After reading this, I'm taking the position that mostly anything I have left that's of any significant value is going to get moved over into this and I'm not looking back. Over the last few years I've learned a great deal about how this market works so even if I lose everything because I'm 100% dead wrong and the hand of fate came in and changed how this great meal was coming together, I can rebuild a much shorter time. I'm going for this. The risk versus the reward is quite acceptable for my perspective.
Good luck everybody. This is going to change a few zip codes for a good number of people.
Spockology 301
Seems like quite the effort to scare up $2.625 mill. But, hey, the stock has shown it has the ability to command quite a fair bit higher price without an S-1, so why the hell not, eh?
SPock.