Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I’ve already got my buy order in for .008 for 50k shares if anyone does something silly again today!
Hey let the price drop again today, I’ve got buy orders all the way down sitting there like land mines! Boom, I’m richer, boom, boom!
That’s a simple and seemingly obvious but great point. If you’re a Pump and Dump, would you send a group of people to Spain to attend a conference? Probably not!
Not too late to hop on a plane and meet them there!
Awesome! At MWC with working product in hand! I think we will see more Twitter activity over the coming few days which will shift stockholder sentiment up a bit.
Went through exactly that two weeks ago. Went underwater and bought more along the way, BUT admittedly got a little spooked with the broader market tanking and didn’t buy nearly as many as I should have. That taught me to set the orders now when rational and let them play out. If it happens again I will buy more than last time.
Never honestly considered selling...why would I. That makes NO sense. I am buying for the 6-9 month play when they have a product, I don’t get selling now. Frankly don’t plan to sell them either, but at least I will have a lot more info to work with.
I’ve always felt that I will either lose my $15k invested or make at least $150k. I’ll take those odds all day every day.
Well it’s hard to tell. I’ve gotten the impression most here from the way they talk just have awesome timing and bought in the Trips, so maybe have $2-$3k. He’s the first I can recall admitting to putting that much on the table.
Why are you also a whale?
Dude that’s pretty awesome! You seem like a really level headed investor, we need you here.
You said in your first post here you plan on sharing insights here, and your post today is helpful.
Do you mind elaborating more on what convinced you enough to put $200k on his, because that’s a lot of clams!! You’ve put your money where your mouth is.
This stock remains a binary outcome play...it’s either a stinky pinky fraud and we will all lose handsomely, or it will deliver the big contract as anticipate and we will move up materially from here.
I’m not smart enough to trade a stock that will rise or fall probably drastically based on a news release whose timing I cannot predict. So instead I buy and hold and just do my best to time the purchases in a way that gives me enough cushion so when he price dips I am not under water.
QUOTE #2...relevant to today and recent board activity:
Panic-stricken people think short-term, too. Go back to March 2009, those violent final throes of that financial panic. People truly believed stocks could go to zero. Don’t believe me? Do a Google search on “Can the stock market go to zero?” They asked it. Markets were tanking; zeroness felt real.
You’re probably sitting there thinking, “That’s not rational.” But panic never is! Folks take those big losses and extrapolate them forward. They lose their grasp of history and reality. They forget the simple truths: Cycles always turn. Markets rise more often than not. As long as capitalism exists, businesses will find ways to profit and grow. New technologies will collide, bringing new growth and new sources of profits. This is what the steel-nerved contrarians believed in March 2009.
Steely contrarians also look past short-term market movement. They know daily drops, quick pullbacks and corrections are normal during bull markets, and reacting is dangerous. It usually means selling after stocks have already fallen, just when folks should hunker down and wait. Reacting to volatility is a good way to sell low, buy high.
Ok, so I have a ton of CPA CPE to finish tonight so I just ordered an online course on Contrarian Investing to meet my hours given its relevance to my investing life, so as I go through training I will be sharing some pearls of wisdom which might make for a good reminder given the violent mood swings of the board over the past few days/weeks:
FIRST QUOTE:
Few truths are self-evident, but here’s one as close as they get: In investing, the crowd is wrong much more often than right.
Most folks accept this. They remember pain from some of their own mistakes. More so, they recall market-bloodied friends, relatives, neighbors and co-workers. They’ve seen all the famous market gurus get egg on their faces. Academic studies show the wisdom of the investing crowd is folly.
Yet folks follow along anyway. For most, it’s impossible not to! The financial blogosphere, websites and cable TV talking heads pound market groupthink into our brains 24/7. Without conditioning yourself to resist, it’s all too easy to accept repeated falsehoods as fact, melt into the crowd and buy high, sell low—with the rest.
There is another way! Train your brain to battle the media, the crowd, your friends, neighbors and cocktail bankers and think differently. It doesn’t take vast market knowledge, a finance degree, an economics PhD or endless rigorous study. Armed with a few basic principles, internal alarm bells and an instinct for independent thought, you can be a true crowd-beating contrarian investor.
Yogi Berra once quipped, “Baseball is 90% mental, the other half is physical.” Might apply to investing! Mental discipline is key to success.
Wow crazy how the sentiment changes here in 1 day...
I will guess that we dip to .0213 and rebound to .026 close and then we move in a channel between .0255 and .027 for the rest of the week...but what the heck do I know that is just a guess.
I sent the following email to Investor Relations today. We will see if anything comes of it:
Do you think Tom would be open to writing an update letter to shareholders and posting on INMG website or somewhere?
A lot of us are trying to hold strong but stock price is getting beat up lately and one of the biggest concerns is limited communication with shareholders.
I think a letter about year end financials status, app development, Kush Processing, Green Room and Cannanet status would be very helpful.
Sorry I thought my sarcasm was obvious.
I’m not a fan of this “$1 by summer” type cheerleading, because when days like today hit and we are down 20% it makes us look like amateur hour.
Several times I pointed out this weekend a Hanging Man Candle on Friday indicating a coming potential price drop. And here we are. I would rather see ya talking about those types of more practical matters...
Wow you’ve got some monster grapefruits!
I’d have to borrow my son’s diapers if that was me.
I’m happy that I got 50k more shares today, even grabbed the low at .025 for some.
Obviously the story of this stock doesn’t end with it at .025 or below so why worry.
My gut says it will take release of Green Room show and 10q to move this in any meaningful way, so we likely continue to scrape the bottom for a few more weeks.
That’s ok I keep taking small bites at the apple when it drops.
I agree 100%!
Group hug for Buc!
We will survive the “crash” of 2/20...ha ha!
This drop is your fault BCLBCL! You didn’t tell enough people!
Bought another 10k at .028 and will get 12k more of it goes to .026...
Well the little gap down at open to .03 got me another 10k shares!
Gaps up or down are bad in my opinion since they will almost certainly just end up filling anyways.
Slow and steady wins the race.
No I don’t think so, funny name handle, I was just goofing with him.
Now we need someone to crest the Loudon Owen one.
Don’t get me wrong I am holding 875k shares possibly forever, but don’t expect $1 until mid to late 2019
The great Mr Starkweather on our very board!! “Oh Captain, my Captain!”
Never trust the Hermit Kingdom of Canada!
Yes but there is a massive chasm between where we are at today and those hoped for cash flows (literally a thousand things need to go right for them to get even their first sale), that it is imprudent to start thinking or pricing in $4 per share now. In time maybe, but now, no.
If we get phones in stores and the $100m revenue in year 1 they projected this is easy $1 billion valuation.
Post of the day!
Your heart is in the right place. All of ours is, we all share a love for this stock and are part of one team, so no harm no foul!
We are all trying to help in the best way we know how! Some by trying to fill the balloon and others by trying to make sure it doesn’t fill too fast and pop.
In time we will learn how to strike a calm and peaceful medium and this board will be an enjoyable place to escape from life’s true problems as we spend 10 Minutes checking the board while we are on the john.
Right now is actually a quite fascinating time for this stock.
Because the only concrete info we have about ANDI is DVG and Loudon Owen involvement (Cycloides is a vendor who ANDI pays), we can literally quantify the reputations of those two gentlemen with the stocks market cap.
Put another way IMHO, the market cap of ANDI currently equals the value of having both men on your team. It’s quite a nod to their importance if the market assigns a $75m plus valuation to that.
“Pigs get fat, hogs get slaughtered...”
Be the cute little piggy in your picture, not the caricature that your posts imply.
We don’t need Paul Revere going from house to house selling this thing. When’s the last time you saw a Ferrari commercial.
ANDI is a gem it will (and already is) sell itself. And if folks sell their positions I will be there gobbling up the shares like a good little piggy.
$7 per share by March 13th guaranteed! Buy now or forever kick yourself! Buying will be the single best thing you do in your life (kids and marriage a distant 2nd)!
There hope that helps...
I had a similar read on it, similar feel. Not bad, I am patient. These things take time. Patient money is here and can wait.
Just curious, has anyone just bought all of Trader53’s recommendations as he gives them, and if so, how have you done over time? He appears to have some good picks.
If they hit, I’m buying!
Makes sense, I feel like the “crash” after the news release on the UTOP symbol change and SS, changed the tone from Utopya/DVG...they’ve been a lot more subdued after that where they were previously “high flying” in their tweets and so forth...did you get that sense as well?