Make it, but not at another's expense
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We can only hope that the Sykes crew were the ones that bought in at $1.65 and are in at a loss right off the bat
After hours trading is knocking on the 1st Resistance Point $1.653
2nd Resistance Point $1.846
3rd Resistance Point $2.212
Gapped up 14% in pre-trade
Last Price x Size / Exch info_outline
1.69 +0.2300 (+15.75%)
Bid x size 1.65 x 200
Ask x size 1.69 x 100
Volume 30.37K
Whammo, companies like Goldman are not going to lose their reputation on a Pink Sheet company, and get paid to generate a biased opinion. They lose their credibility, and can potentially be liable for Pump/Dump which hold HEFTY fines.
Aside from that, ALL Companies that issue Newswire reports have to PAY to get their info out to the public.
Now, it seems you are yet another person with an axe to grind, or more likely, a short-seller who is in over his/her head, or maybe even a paid flunky for someone like Tim Sykes...
So here is the skinny: We know your M/O, and all your chatter only emboldens us because all the serious investors on this board, and in this company realize what is right in front of them.
In the future, please post your total losses for the board to see, or better yet, man up and be real about your intentions.
Best to all on this board!
I know for a lot of people who have played the OTC and specifically Pink sheet companies, that holding upwards of 200K shares is almost unbearable to think about selling.
at a minimum, if you are concerned, sell a position that gives you your initial investment back...this will give you a peace of mind.
Aside from that, understand what you are holding - not many people get an opportunity to sit on a stock Like Apple, Microsoft, Amazon at the beginning of its growth.
You are potentially sitting on a Diamond mine...you could fund your kids education, purchase a dream home, buy a new Ferrari, or buy a Castle...patience is what Warren Buffett preaches, and it is now in play for YOU.
Enjoy your life and hold tight!
A strong close today could set us up for another strong day tomorrow. If this performs the same tomorrow, we could see $1.83, and close in on the Nasdaq money.
Best to you all!
Looking at the Shorting board, there are quite a few folks that will be praying this recedes.
Problem is, while there is a possibility of it pulling back to pre $1.20, the likelihood is very low.
My guess is the next resistance level will be around $1.38-$1.45 range but depending on tomorrow's volume, that may be a moot point.
Best to all!
Enjoy your Castle's!
Berkshire, I have to correct you...MCET traded at $3.55...don't underestimate a sleeper
This is going to hit resistance at $1.20...I figured it would, but not this soon
New High
Bid x Size $1.00 x 22,800 Ask x Size $1.02 x 200
Bid x Size $0.995 x 3,000 Ask x Size $1.00 x 149,900
Last Price x Size / Exch info_outline
0.002 x 195000U +0.0006 (+42.86%)
Bid x size 0.0019 x 1811239
Ask x size 0.002 x 8572059
Volume 114.00M
LOTS of Shorters in this still. My guess is that the news that didn't pop yesterday brought them in.
https://www.otcshortreport.com/company/IQST
HUGE News! Thx Pinardelrio!
lining up nicely: Bid over ask...
Extended hours
$0.95 +0.0282 (+3.06%)
Bid x Size $0.96 x 1,000
Ask x Size $0.95 x 8,200
hikaru: it was on their Twitter page...
$IQST Next week we are going to announce about a milestone achieved in our up-listing path @Etelix #IoT #IoTaward #Chemicalindustry #EVindustry #Visadebitcard #fintech #EVBatteries #Blockchain #Telecom
— iQSTEL Inc. (OTCQX: IQST) (@IQstel) February 12, 2021
Nice Video from IQST:
https://www.facebook.com/iqstel/videos/417143379710878/
MACD is almost at the zero line and Momentum has slowed. My guess is a lot of the sideways trading is a precursor to the news of Uplisting. Once it hits, it will likely climb quickly.
I think the inevitability of the upward trend has shaken a lot of the shorts out this morning.
they will likely come back in once the dust settles a bit after the news.
Once it crosses the $1.06 point, it would largely depend on demand. as an example, if the demand pushed the price upwards significantly, it would be hard to determine the next support/resistance points until it slowed.
My guess, if this continues a slow rise (the best), we could see strong resistance around the $1.20 point.
IMO of course.
$IQST announces the launch of our FinTech Subsidiary Global Money One website ?
@visamoneyone
?@Etelix
? #fintech #visadebitcard #iot #iotaward #batteriesforEv #chemicalindustry #blockchain #telecom http://globalmoneyone.com
$1.06 is the pivot point...beyond that, the numbers will go crazy
14 Day RSI at %80 is $1.06...that is when this game changes
This has to be a shorting event to cover losses - that has to be the reason the price is being held at $0.90.
We've blown past the last resistance level of $0.86. This will likely define a new level of resistance above $1 with support around $0.85 to $0.93.
News will absolutely crush any shorters at this time, and we are waiting on Uplisting news this week.
The sell volumes, if I had to guess, might be the shorts who are now realizing that their positions are better covered at a loss now, vs at higher levels.
There is obviously going to be people who sell for a quick buck believing that the support level will be where it falls back to, but that may be shortsighted at this point.
Short Volume is decreasing. That is a good sign. For those Shorts still holding and hoping on No News, if they get caught with their pants down, they are going to be looking like the Gamestop shorters.
https://www.otcshortreport.com/company/IQST
Lucky, see my last post...there are links to the subsidiaries of Trinity in the SEC report.
also, the NYSE ticker is TRN
Trinity Industries (TRN: NYSE) owns Trinity in Mexico
https://en.wikipedia.org/wiki/Trinity_Industries
https://www.sec.gov/Archives/edgar/data/99780/000119312512064939/d261475dex21.htm
Last Price x Size / Exch info_outline
0.90 +0.1101 (+13.94%)
Bid x size 0.87 x 7200
Ask x size 0.90 x 2000
Volume 319.60K
I would venture to guess that since a lot of the major corporations have a presence in Mexico, China, India, etc., that it would be likely that this Fortune 500 company has subsidiaries in Mexico.
I work for a $6 Billion company, and it has factories in Mexico, Poland, China, Switzerland, etc., as examples.
globally connected is the only way companies become behemoths...
Off the Ambassador page on FB...video
For ALL interested IQST People. here is a nice link to ALYI from Feb 5th that has a nice portion on IQST and Revolt.
https://book.designrr.co/?id=54260&token=548246276&type=FP&fbclid=IwAR3dUpo2tgYbehk1pM08uQvfreDjVUbYiI7z19__V0-QGQGEt1dcdCnRh8Q
Keep in mind, Robinhood does not support trading OTC stocks. The only penny stocks supported by Robinhood are stocks that trade on either the NASDAQ or NYSE
Parsing the Form 10 data, this must mean they are anticipating a surge in price, and likely the filing will be in place to support moving to Nasdaq.
My $0.02
Best to All! Be your brother's keeper!
Fiberman, yes you are correct. I accidentally posted the OS and Float from IQST, so for MCET, it is as follows:
5.0 Billion OS
4.5 Billion Float
Shorting volume almost 50% of volume
https://www.otcshortreport.com/company/MCET
SEC Form 10 is a filing with the Securities and Exchange Commission (SEC), and is known as the General Form for Registration of Securities. It is used to register a class of securities for potential trading on U.S. exchanges. ... The Form 10 registration statement automatically becomes effective sixty days post-filing
It is on my Etrade under the fundamentals. Let me know if you need any other info on this one
Best to you!
Next week we should see upward movement - the shorters are out in numbers and trying to pull this down to give cover.
All said, we should be in a better place Monday and through the week.
Best to all!
sorry, posted the wrong info for MCET...
https://www.otcshortreport.com/company/MCET
5.0 Billion O/S
4.5 Billion Float
Weak hands and large positions in Shorting