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only small percentage of people read the board or are entuned with the company status and progress, when we were advertised by Microcap daily and it soared to +2 cents lot of people got in and those are the one that are mostly selling. Longs are accumulating.
Penny land will do ok soon specially when the stimulus checks go out tlater this month.
it is not game my account was down 95K at one point, all of my holdings were down average of 15%. I used up all of my cash for buying back at these lows including MSMY. Hope it holds here as I will have more cash tomorrow and Monday.
In Short this was a pennyland drop. Everything is down 30-40% since the downtrend started.
It will come back.
Dude you live out of the country or something, go with Schwab, I love it nice app and free trades.
My strategy seems to work, Cash reserve is very important I always have 30-40% during normal trading, in this down trend of over a week I am now sitting on 20% because I used 10% on all my losers to average down today alone
With that said now I wait for a 10% down trend so CLWD needs to go down to 0.06 or lower before I buy more. but I buy heavily and my average is bellow my entry point by a significant amount.
Please note this works on stocks that are real company with good products and revenue. I never go into one that is shady and the valuation is insane and has nothing in it and I don't care how much it is moving or it is going to move.
RGGB, MSMY, OPTI, SBFM, ENZC, TSNPD, SPSO and even INQD because the CEO is well know with good reputation.
PS in one year I have gone up 450%
My take at the current PPS.
1. $10 million was raised at 0.07 so no way any selling is as a result of equity sales from that transaction down here
2. Today's form 424B3 stated that it can only be sold at 0.128 and higher or when it is at OTCQB
With the above statements I think the form was initiated because they might be very close to going current and onto the OTCQB and if the news comes out we are in QB then we will see a major pop and even institutional buying, they will be looking to see NASDAQ in a year or two and they will sit on it.
2nd thought is the entire pennyland is down and in few weeks when the COVID relief checks go out we will also see upward movement across the board.
This is just my humble opinion and that is why I have been loading up down at these prices on all 8 of my tickers.
I welcome any feed back on this analysis.
Ditto
the Key in Pennyland is to have 30% cash during mid level trading, I did and now I am 25% cash position been buying many tickers as they are all down, after account being down for over a week as the pennyland been selling off. Plenty of room to buy more if it dips more.
No Panic here just great bottom feeding.
Don't forget the JOY buys. ahhahahaha
Flippers will be selling on small uptick and then they will go away, what a gift for the ones who loaded. This company is well funded.
they have not gone quiet, this company does not put out fluff.
The CEO and top management took over the shell and put their business in over a year ago and they have a consultant helping them with ins and outs of filling, they did the first step by getting connected to the OTC portal for disclosure of Management and critical information about the company, they are currently working on 2019 and 2020 accounting then they will go to Edgar where it will be converted to format for upload to OTC and then we go current. I have 100% faith and belief that this will happen during this month.
Smart Money is buying down here myself included. I am very happy that weak uninformed or impatient newbies and flippers are getting out.
Longs know that buying down here is a gift.
with a large bids sitting at 13 and the behavior looks like an indication of news around the corner.
great day for loaders.
If you are an emotional trader then Pennyland is not for you.
If you are not patient then Pennyland is not for you
If the above people did not exist the pros would not make great profits
I have made 450K with 120K investment in the past 2years some of the stocks I held for over a year. I have done so by having massive cash position and when a good stock drops I buy and can sell those shares at profit and add to my cash position while holding my original investment for the big run or long term hold.
Yes this might go lower and I buy more, marathon not sprint.
Good luck to all and be brave.
Before the files can be uploaded to OTC it has to be converted/Edgarized by a service that converts accounting data to Python database Edgar software.
then that file is uploaded.
This was an FYI
oops. Now what, where is the new one
I have a large position and just listened to the Webinar, are you kidding me no more rumors, this is as real as it gets a 10-20 bagger by years end.
I will sell my other stuff to buy OPTI, once we are out of pink look for institutional buying to come in.
Anybody with shares listening to the webinar will be holding to their shares tight. Spread the news about this and here is the link to the
broadcast:
https://vimeo.com/497324012
No he does not, all of his followers are personal friends and family
I have a friend that is amazing on knowing the Penny market, I started with 115K last year and now I am sitting on 500k in this down market he gets 10%
Well right now according to him this is the best buy for me and it is my largest holding at this point and been buying on the dip. I have been batting 990 and the only reason it is not 1000 I bought some shit outside of his recommendation and lost money,
When I bought this I was told by a reliable source that the CEO is an outstanding guy with great reputation and solid connections. Can someone confirm or elaborate?
yes I agree and I said that exact on earlier post about the flippers are mostly out.
the accounting files have not been submitted yet, and it is next and final step along with company's council letter of opinion required by OTC.
I know this from another ticker I am in and they send the files but not a letter from council and they got Caution flag up and it is taking a week to remove it.
I buy with no fear and if it goes down will buy more. NO FEAR
MILLIONS is revenue, no braner.
fair enough but if it is perfect and does not have to be revised, and after it is submitted. don't want to build up expectations and then have new investors get frustrated and get out too early.
it was very frustrating to watch us go sub penny last week
Under promise over deliver is the key for good momentum. but Ok
I hope you are right. and next week is your estimation.
please be realistic, OTC is very slow and can take two weeks to take action.
what is their Float and outstanding that matters on he PPS.
stupid sell off is great planting time for some and harvest in only a few weeks.
The flippers been buying sub penny and good news is they are getting out of their positions. When the stop sign comes down they will be left in the dust.
I have no doubt when we go to mid to high 2's we will get organic financing at higher prices to expand.
I do not need to imagine, it happened to me after we got to .012 back in Dec. and then a little pull back and then to 0.025. ..............
Not this time.
hete... hete... I meant here... here. LOL
jist javing a blazt. LOL
Now that everyone knows they have been working should be a nice day tomorrow.
I know I was having fun.
Who is hete? nice name for a girl.
2 million in past 3 days
Just picked up a few K, A friend told me about this, Tell me why you guys/galls like this ticker? Like to buy more but need to know more.
the entire penny market has been going down for the past 4 days, not just MSMY.
Please understand this is one of the very few penny stock that is not depended on PPS to thrive as a business. They do understand that it would be nice to have the PPS much higher when it comes time for financing to expand.
Here is what I see happening in a very near future the stop sign will come down and the company will be looking to do non toxic financing to expand, I do know that they current place is maxed out on storage and new equipment.
all of that happens we are looking 3 to 5 cent PPS by summer.
I have been trading this for the past 3 years and I think I have a good feel for where it is going.
they have to catch up to the end of 2020 in order for the stop sign to come down.
I hope you are right because then I can buy so much and become 20% owner of the float. But then I have to file with SEC when I want to sell and I will be ok with that.
hahahah good luck with your blabbing no one cares what you say... "Defunct" ??? seriously.
please remember they are doing 2 years worth of books not 1, and they have the daily work to keep the company functions going which means someone has to give the info to the CPA. I have no doubt that nothing has changed and it is being worked on and we will get news that it is done and submitted.
Meanwhile this is forcing out the week hands and great for longs to stack up.
picked up as much as I could but the entire pennyland is down for the past 4 days and had to use my cash to average down on all of them including this GEM. Hope it holds down here as I will have lot more cash tomorrow. Like to double up down here.
this is a great gift