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As soon as the PR is out Wialan is going to 20 cents. The MM's have no shares. How I know? When the bid hit 2 cents the ask bounced to 2.5 cents instantly. There is no shares. ACYD/Wialan is ready for blast off!
Market Makers were scrambling for shares. They let the ask bounce up to 2.5 cents but weak hands started selling.
One day soon you're gonna wake up to some great news and Wialan will open up much higher than 50 cents!
$5 PPS on News
High tech, bio tech and mining stocks...it happens regularly in the otc market on solid news. These things can go from sub penny to $5 per share on excellent news. Wialan has that potential by EOW.
Somebody got 699,000 shares on the ask?
Thanks for the update. After hours press release is better than no release at all. :)
bid support excellent. bid and ask almost even. if we can maintain this kind of strength going into lunch time this stock could be history.
100k shares purchased @ 0.0184 there are believers out there. PR is near.
Market Makers have to be ready to make a market when there are not enough shares to go around. Get ready to fly baby...
0.0184 @ 50k
As long as the bid continues to move back up close to the daily high we could see 2 cents without news. PR expected during lunch time...
Bid on its way up again...
It's posted on the front page of Wialan's message board. One of the mods posted it yesterday. Good info. Thanks.
NEWS
The documents have been signed and filed. As soon as Finra can process the paperwork this stock will get a new ticker/ new name, the company has retained a SEC lawyer to help with the filings, everything is on schedule. New Company/ New Management
The documents have been signed and filed. As soon as Finra can process the paperwork this stock will get a new ticker/ new name, the company has retained a SEC lawyer to help with the filings, everything is on schedule. New Company/ New Management
News will put an end to imo's and speculation and conjecture. We need news now!
It's going on 3 weeks and no news. We were led to believe that shareholders would be informed with company PR's. It's been 5 weeks (more than 30 days) since the completion of the reverse merger. We demand news now!
same tactic MM's used on Friday minutes before the close. criminal. plain criminal!
They are walking it down before the close. Notice not much activity within the last 30 minutes. Strange manipulation...
I don't like these MM's. With all this buying and the stock is still held hostage. Strange?!!!
Why would Big Investment LLC say there would be news this week? Isn't he putting his rep on the line?
That would mean the longs on ACYD are fake and explain the execution of limit orders (sell side) during the last 5 minutes.
Considering the demand that has grown in this stock for 1 month now, it makes no sense that this stock continue to move by .001 increments with 193.3 million shares in unaffiliated hands. Another factor(s) is missing in this equation!
That's right...It is being monitored. With 1 billion shares in the hands of non-affiliates they want to be cautious with new developing market in Wialan's shares.
Good info. Thanks.
It might happen @ 330 pm. GLTY. See you then.
We know what the MM's are doing. They're intentionally keeping AYCD from flying before official name change and ticker change. They know this is a winner. They want to get as many shares for their personaly accts (including family and friends).
i've never seen this kind of reluctance in just letting the bid go to spawn market activity. somebody can't cover their shorts...lol
There are no shares available. The MM's don't have any. They are trading among themselves. That is why it is slowly inching up. Eventually they will have to let this thing go upward by penny increments. lol
Light volume...no shares available...so MM's have to cough up their shares...history will be made this afternoon. Keep your fingers crossed. lol
424,000 shares @ bid
My Evidence
the quiet period is the time following the effectiveness of a registration statement and is generally considered to be 30 days. As investors may still be buying into an IPO for this period, Company communications are limited to the contents of the prospectus, updates filed with the SEC and communications regarding products, in the ordinary course of business. - See more at: http://securities-law-blog.com/tag/ipo/#sthash.xs4eyeA8.dpuf
The quiet period is designed to allow those researching the company to engage in “due diligence,” or finding out about the underlying factors that will affect price. During this time, individuals involved in the company can circulate their initial prospectus or stock report, but they are not allowed to offer more information to the public. According to industry experts, however, executives often make limited efforts to promote an IPO during the quiet period.
http://www.wisegeek.com/in-finance-what-is-a-quiet-period.htm
The 10 day quiet period happens after the reverse merger is announced. We would have to see the 10k filing and an official announcement of the R/M before the 10 day quiet period commences.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62429104
There is a quiet period before ticker symbol change.
Just hold and watch. That's all we can do. All of the news that was coming happened in September. I'm telling you there is a gag order in place. And all this stuff about emails comin from Peabody contradicts the gag order. There is no 8k filing yet. The name change and ticker symbol change will happen as we get closer to or past the first 60 days after the completion of the reverse merger, which is the last week of October or first week of November. I think that's why no one has signed those contracts that supposedly have been inked. It is individual investors and individual players on the Hughes end and South American end that is keeping the market going in acyd.
That may be wishful thinking considering the current gag order. lol...This thing is driven exclusively by individual investors. And for now the MM's are not on our side.
Expect it. there won't be any news until the end of the month as we approach 60 days from the completion of the reverse merger. Personally speaking, I'd be shock if acyd closed north of 1.35 cents today with no news.
My L2 is showing 630,000 shares on the bid and the MM's won't let this thing fly. Something is up I tell you.
Not Excited
It can't even hold 1.5 cents! I'm telling you MM's are screwing us until Peabody and Crew put a solid PR out.
$4.25 short term lol
I hope so.
I want the MM's to buy my shares @ $4.25 lol...