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Agreed! Good luck to you as well!
Here's to a new financial future.
SPLI
Indeed it is! But it is so beneficial for people and something I enjoy. Did u graduate? get out of debt? Stocks do well? Lol
Haha I hope so!! Tuition for med/chiro school these days is 160k in 3.3 years plus all the interest, which will be around 200k+ pay back. So hoping that I can make that in stocks next 2-5 years.
$SPLI and ERB* are my two entry tickets...
8K SHOWS NO DILUTION!
The 750,000,000 preferred shares are taking a 100:1 reverse split on top of (or rather before) the 30:1.
After the split worth only 250,000 and will be on hold for 18 months and he isn't selling! Huge reduction in the preferred shares!
basically management gets a 3000:1 and we get a 30:1 :)
Great for share price!
GOOD THINGS COMING!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9852996
To wake up at 5:30 and sit in class from 6:50am through 5pm, while multitasking stocks and boards. Study till midnight and repeat. Learning Neuroanatomy. Unfortunately it was an early morning brain lapse due to sleep deprivation and mental exhaustion I would assume. But I would agree, most high-schools and colleges do not teach grammar well.
Now I just look stupid, lol. Oh Well. ^_^
Doctorate school exams have fried my brain this week, 7 exams in 6 days.
Exactly! There is no dilution!
I see what you mean there, bad wording:
for all you doubters, CLAIMING dilution, there is no dilution.
guess it wasn/t stated correctly, geez. :(
8K Posted! For all the doubters on dilution, it's in the filings:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9852996
I have doctorate level exams tomorrow, so I am going to bed... can someone reply to this as to a few key details about the interview on the 420 site, I don't have access.? What all was covered in the 15 minute interview with Bill and AB? :) I will check in the morning! Thank you if you respond to this!
That is 1 tiny float. That reminds me of... CANV Tiny float, sky rocketing price.
HOW THE REVERSE SPLIT WORKS!
Let's say you own 27,000 shares bought at * .10 = $2700.
After the split: You have 900 shares * 3.00 = $2700.
The amount of shares you own goes down 30x, the price goes up 30x!
Now the shares are worth dollars and out of the penny range and that brings a whole new flood of investors that won't trade pennies just from principle.
So Let's say it reaches .5 pre split, thats $15 post split.
PRE: 27000 * $.50 = 13.5k.
POST: 900 * $15 = 13.5k.
Now your $15 dollar stock runs to $40 like the others.
900*40 = $$$ 36,000 from a $2700 investment. 13x Bagger.
Even still buy it at .20 and its still a 6.5x bagger. buy it at .40 easy double probably triple.
But I think it will rise much faster as the float is pretty well locked. So it won't take much more interest to run it. Easy over $.3, probably over .5, hoping for over $1.00.
Yes the stock goes up, but your shares # goes down, 27,000 * .10 = $2700. After the split you have 900 shares *3.00 = $2700. Except now the shares are worth dollars and out of the penny range and that brings a whole new flood of investors that won't trade pennies just from principle. So Let's say it reaches .5 pre split, thats $15 post split. 27000*.5 = 13.5k. Then it splits, now your $15 dollar stock runs to 40 like the others. 900*40 = $$$ 36,000 from a $2700 investment. 13x Bagger. Even still buy it at .20 and its still a 6.5x bagger. buy it at .40 easy double. But I think it will rise much faster as the float is pretty well locked. So it won't take much more interest to run it over $1 pre split.
I agree. No chance of there being that many more shares hitting the market. Why was that so hard for them?
2.5 and 2.5 = 3.5 is just wrong math.
I enjoyed watching that debate.
Agreed!
Sometimes... its just hard to watch. I mean I feel bad for those that get screwed, but lessons are learned.
TIME IS MONEY! PSYCHOLOGY 101
Things to notice:
1. People with no agenda would not be wasting their time trying to help you by posting on stocks they do not own.
I own stock in this company and I barely take the time to post, and when I do it is maybe once a day. I sure as hell would not take the time to post on a company's ihub board page that I do not own, especially repeatedly. No one cares enough about you, with no advantage to themselves, to help you sell a stock that is a scam before it tanks, and if they did it would not be repetitive warnings. *Most of the ones bashing do not seem to have the generous attitude, "I like better mankind for free" and if they did, they would be out there serving soup not posting on an investors board.*
So almost all, if not every, multi-poster here is an owner of stock and has a selfish agenda.
2. People are impatient, money takes time.
It takes time to make real money, people are so impatient, millionaires are not made overnight and when they are, they tend to lose that millionaire status just as quickly. Stocks fluctuate, EVEN ON UP TRENDS. It has consistently doubled, halved, quadrupled, halved, quadrupled. So we are in the red for a day or two, chill out, its good for everyone, flippers and longs. Zoom out and look at the 6 month trend. Zoom out and look to the future, learn to have some foresight.
Give it more than a few hours.
3. THE WHOLE MARKET IS RED
I mean come on, isn't it obvious... watch the level two's. Don't have it? That's ok, just look at the volume and watch the charts. Obviously mm are going to maximize their profits off of young excited amateur traders hoping to go form $100 to 2 mil overnight, go back and look at major company stocks who made it big, it didn't jump overnight. MM's don't even have to work that hard to get those to help them manipulate by joining in with panic selling and euphoric buying.
Think about how many people want in these stocks and know it's going back up, the lower it goes the bigger the support gets because investors see the potential. Stocks must trade hands to increase pps, its the name of the game. Too many people don't have what it takes.
Good luck to you all.
IMO
It won't take more than about 2-5 mil shares to bump it back up to 10.5 as soon as people realize its not tanking as bad as they thought and it holds at the next support. All part of the normal fluxuation of an uptrend. Not only that but all these people just got new shares at .08-.10 and won't be selling which just pushes it higher next time, I am glad we are losing some of the less than .02 people. Time for the next leg up, less than 5 days. People so impatient IMO.
Super LOW VOLUME DROP, means that 98% of people are holding and not selling. What does that tell you... it is going to go back up soon.
I use the old phone app to place the bid... Version 3.22. The black and grey one.
I put it on a GTC buy order. Two went through at opening. Two more orders went through on the dips on both tickets about 15 minutes after opening.
Cause I had two price points set up in case it didn't drop as far as I wanted.
Idk. I think I'm still on 3 posts a day. But that's what I did and it worked.
Yeah immediate funds availability.
But if I deviated out of that and tried to buy FITX erb* after the market was open, it said my funds were still on a 3 day hold. So just sharing how I went around that. :)
Long FITX :)
GL
Possibly because account is new, mine is 6 months old. So I was just transferring more money. But it wouldn't let me trade after 8:15a on throughout the day. So who knows. But I bought erb* and FITX today with money I put in yesterday afternoon by placing my ask before 8a and waiting. Who knows :)
To all those in TD Ameritrade. If you transfer cash money at 4-5pm ish after market closes, it shows up in your account as available funds:
If you place a buy for certain stocks (FITX) before 8a, it will go through.
However you CAN'T change your bid or share amount so you really have to guess what it will be at throughout the day. (I missed on Thursday) but I tried again and, I put my ask in to raise my position today for .104 at 7:50a, so it wasnt too bad of a guess considering! :) (It went through on that first dip!)
Better than being stuck out for 3 days.
Just a thought..
WHY 10 BIL WONT EFFECT US!
Do deeper DD on the 6 bil shares and you will find:
Yes, they did issue 6 bil more shares, but they aren't allowed for trade in america. So they won't be allowed to dilute it here, its for international trading.
It is part of the payback plan for the initial investment from the hedge fund that helped start this company.
LATF NEWS OTC MARKET VALUE FEB 5th UPDATE!
http://www.otcmarkets.com/stock/LATF/company-info
Market Value1 $1,725,464 a/o Oct 11, 2013
Market Value1 $6,694,874 a/o Feb 04, 2014
Market Value1 $15,742,000 a/o Feb 05, 2014
Going on up today!
.0085, in it for the long run.
see previous post:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96855978
THE REASON FOR THE PRICE INCREASE OF LATF TODAY!
TONS OF SHARES have been bought and locked because everyone knows the MJ sector is going through the roof. Shorts have shorted, and over 3 billion in volume in 2 weeks has really locked down the float... then it keeps gaining more momentum as people realize LATF could skyrocket, and 10x much easier than HEMP.
LATF: Market Value on OTC markets was:
Market Value1 $1,725,464 a/o Oct 11, 2013
And now it shows:
Market Value1 $6,694,874 a/o Feb 04, 2014
Q4 financial reports haven't come out yet, but the company market value just went up 4.97 mil in value... eh?! Something tells me it's already out there.... :)
http://www.otcmarkets.com/stock/LATF/company-info
Also lots of PR due to the Small Cap Article Prior Posted:
http://www.smallcapnetwork.com/Dont-Try-to-Categorize-Latteno-Food-Just-Buy-It-KRFT-JVA-LATF-HEMP-MJNA/s/via/10/article/view/p/mid/3/id/392/
THE REASON FOR THE PRICE INCREASE of LATF TODAY!
LATF: Market Value on OTC markets was:
Market Value1 $1,725,464 a/o Oct 11, 2013
And now it shows:
Market Value1 $6,694,874 a/o Feb 04, 2014
Q4 financial reports haven't come out yet, but the company market value just went up 4.97 mil in value... eh?! Something tells me it's already out there.... :)
http://www.otcmarkets.com/stock/LATF/company-info
Also lots of PR due to the Small Cap Article Prior Posted:
http://www.smallcapnetwork.com/Dont-Try-to-Categorize-Latteno-Food-Just-Buy-It-KRFT-JVA-LATF-HEMP-MJNA/s/via/10/article/view/p/mid/3/id/392/
also first post ^_^