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I like the idea behind AWGI but my experience with JTD Holdings (Moody) hasn't been profitable yet. The OS of 2b isn't bad for a custodianship.
I picked up ILIM but have yet to see any real action. The court records show custodianship terminated, I can't tell if they are ready for RM or if they dropped it. The court minutes are confusing with motions about SOS intervention.
I am used to how Lazar and Synergy operate. I haven't gotten a sense of how Moody works yet so he is high risk on my list.
I am considering a bid around .0037 though just in case.
Pops up on reddit occasionally too in the OTCstocks board.
$LYJN still trading slow, hasn't seen a boom moment yet.
Anyone know what this status check comment is about?
$INCT seeing some pre-market gains.
Yes, and we broke that formation and stalled. Most pennant breaks exceed the previous moves high. So a little disappointing. The only upside is it hasn't fallen out of that move yet so there is still potential.
When you read charts, seeing it hit and bounce off a target a couple of times isn't a good sign. With the OTC feeding frenzy going on charts have become doormats though. (feeding frenzy seems to be ignoring this one though)
$INCT got pushed out of trips last week and got another boost thursday with 1b shares moved and %100 gains. OS is 4b+, might have trouble staying up there. If its just the frenzy it won't hold as we saw so many others collapse yesterday.
$UPCO and $VIDA hide in the darker corners of the OTC but, they got some light and saw some gains this week. Maybe only a matter of time before the feeding frenzy gets sight of them.
$UPCO OS:205 m
$VIDA OS:122 m
RM candidate $PFMS still holding ground above .01 as anticipation builds over SamTradeFX RM.
$SNRY dipped a little but seems to be holding .01 as well. News on court proceedings expected soon.
These may have a "sell on news" moment when it comes but, Lazar and Synergy plays usually recover to higher ground.
Yesterday was retrace day for many OTC stocks that ran hot all week. Some of the slower stocks just kept making small gains. $OCLG, $EUOT , $SUTI, and $ILIM are ones that kept their usual pace and ended the day up. As they say slow and steady wins the race.
$LYJN I am still able to buy and got filled today. Frenzy hasn't touched it yet.
It is not so much the brokers really. There are non CE tickers that can't be traded either. MM's are barred from quoting stocks they do not posses current information on under new rules. Brokers are now stopping orders on tickers the MMs won't quote too.
The SEC want dead tickers cleaned out of the market. They wanted a faster route so , they put in place rules that severely limit retail trading. Now they can be revoked after a period of time without trading instead of waiting for criminal activity to give them an excuse.
is that where you grab it to shake shares loose?
There aren't any...that's the point being discussed.
Kinda amazed its still around...that was like the king of scams 10 years ago. How it didn't get revoked is a real mystery to me.
.0033 is the target to beat...this week...
$GRLT making a run for a penny.
Schwab never cancelled my order, its just too low now to ever fill.
$BRRN Filed an 8K today chnaginf fiscal year date and naming a subsidiary, Alkeaon Creators inc. A search for Alkeaon comes up empty. But there is an Alkeon. Spelled wrong? or new company?
The court awarded custody market may shrink considerably. MM's are not allowed to quote around 700 OTC tickers now. The pool of RM candidates is shrinking fast under new SEC rules. Lazar has even begun acquiring receivership status through default judgement suits now instead.
In theory they can still acquire custody of these banned tickers but its a whole mess of more trouble(and money) to get them elevated out of grey before SEC revokes them.
Keep an eye on $UPCO, new website domain. https://www.freeplays.com
You forgot ANT...The CCP...umm I mean, Jack ma, still want a US presence...
I perused the OTC scanner last night and couldn't find anything at .0001 / .0002 that I was allowed to trade. Even with no CE label the MM's have been banned from quoting them under new rules. It looked like about 700 tickers are now unquoted.
You have to remember what CE is supposed to represent. Its not about on time reporting of SS or financials. When those are at issue you get Pink/yield or Pink/stop status depending on severity of delinquency.
CE is used to accuse the company of fraudulent or illegal behavior. They are suggesting the company is involved in paid promotions or basically lying about something. If untrue its a defamation lawsuit waiting to happen .
The SEC is pushing hard to make OTC tickers revocable. They need them to spend time untradeable to do that. The OTC seems to be going out of its way to help this effort. We have seen the entire .000 range of stocks either bought into .00s or banned from trading by MMs and brokers in just a few weeks.
The SEC / OTC efforts have worked it seems. The bottom of the barrel is empty. Anything that was left in .000s is banned by most brokers now and MMs are not quoting them. Everything else saw its price rise to .00s over the past few weeks.
Once the banned tickers spend enough time untraded the SEC can revoke them.(that's their goal)
$OCLG testing old high of .0016 this week. Its been climbing on modest volume. What I like to see.
$MSMY dropped a bit today continuing its consolidation in a pennant formation. I expect it will break out of that formation within days. Traditionally they break out in the direction of the move that started the formation, in this case, up.
Going to have to start a .001 to .009 room soon as the graveyards empty.
They certainly seem be to be moving up lately. Surprised they aren't OTC. Nasdaq must of given them some slack last year.
Looks like floats about 240mil shares.
I suspect TDA/schwab delayed action on it when the realized too many people were suddenly opening accounts and filling them with money. Schwab doesn't charge commissions because they make money being a bank and barrowing your money. The more money you make on these runners the better for them.
$MSMY getting some small -pre-market sales, taking it down .0003. Pre-market action rarely predicts the days sentiment though.
$GRLT getting some attention today. Volume / price spike.
$FCGD; Perfect example of why you question SS numbers (especially FLOAT), even on OTC. The OS is bigger than the AS. No TA verified and the dates are not only 5 years ago but don't even match, ones a year behind the other. Very obvious here that the reported float is complete BS.
And this ticker is getting pumped right now.
$OCLG & $UPCO made new short term highs last week. Watching to see if they test their old highs. $OCLG I suspect is caught up in the trips frenzy. $UPCO is a quiet gambling centric company who created a new web domain last week.(https://www.freeplays.com)
Some heavily diluted, defying all odds .000 tickers getting a little pre-market action. $HPIL, $FWDG, $EEGI & $UBQU. Don't know what moves them though.
Seeing a lot of chatter for stocks like VPER and PDPR. These have run %1000 already. They are much higher risk now. They may continue but, odds are not in your favor if getting in at this point.
Footbal is still a thing...?
Never trust data from your broker or yahoo or any other news site. OTC is the source and sometimes even it is wrong. Some tickers stopped reporting long ago and never gave accurate numbers. Some were running scams and sold shares they didn't report. Always double check OTC numbers against disclosure documents and SOS data.
I couldn't decide if I should watch the stock, watch paint dry or watch grass grow...so I painted the grass..two out three ain't bad...