Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
What Was the Reason for the Drop
Was it simply just sell on the news?
Fundamentally, nothing has changed other than more positive news and update
One Year Chart
I expect to see buying momentum build based on the 1 year chart
It was a glitch. They are current at OTC Markets.
Not True
I've seen company stocks whether penny or large cap stocks' price manipulated to drive the price down or to control the movement to close at a certain price for options.
This is done all the time.
Being Manipulated
Been watching the price movement for a while now and its apparent the stock is being manipulated.
1. Maintain wide bid ask gap
2. Bid price is always lower than current price, ask price is at current price
3. Sell some shares to bring the price down to lower bid price
4. Lower the ask to below current price
5. Sell shares at lower ask price
Wash, rinse, and repeat
Great for Uber/Lyft..
And the Ridesharing Sector including CRSM
Delivery and House Call Services Coming
Drivers Turning to Food Delivery
CarSmartt Delivery and House Call Services Coming Right Up!
Uber and Lyft stocks up 13% and 16% respectively.
https://www.nbc29.com/2020/04/06/uber-drivers-charlottesville-adapting-covid-presents-ride-share-risk/
Riders Can Wear a Mask
Drivers don't need to wear one as long as riders wear them.
Trump's Mandate Likely Will Allow Passengers and Riders to Wear Masks.
Federal Trumps State (Pun Intended).
Deliveries and House Services Companies
Stocks on Fire
YouSmartt House Call Services Coming Right Up!
Must have been wearing a cheap mask.
Not N95 protection level
Trump Administration Moves to Promote Use of Facemasks
Coming at Federal Level!
https://apnews.com/a7857eb0250093ab796daf6122c71047
https://www.politico.com/news/2020/04/02/trump-mask-face-coverings-coronavirus-162138
https://www.pbs.org/newshour/health/trump-administration-moves-toward-broader-use-of-face-masks
Wear Mask and Problem Solved
One of the main reasons why infection rates are down in Asia but booming in rest of the world
Drivers and Riders - Wear Masks!
https://techcrunch.com/2020/04/02/cdc-mask-guidance-cloth-face-masks/
https://finance.yahoo.com/news/coroanvirus-americans-should-be-wearing-masks-203331017.html
https://www.cnn.com/2020/04/02/politics/trump-birx-face-masks-coronavirus/index.html
So Wear a Mask
Problem Solved
Wear a Mask, Wash Hands, Use Hand Sanitizer
The virus is not airborne except through a aerosol/droplets.
They don't just float in the air on their own.
Weather you go to the grocery stores, use ride share, go outside in any crowded area this is a given.
This is not rocket science!
That would be false assumption.
Product hasn't been released.
yousmartt app will open the home services side which is seeing a massive increase in demand
Reason for This Rally is Pretty Simple
All the shorts that have been shorting this stock ever since it hit 300 down to the $2s are covering. For a stock with so many that's been shorting this stock, it usually takes 4 to 5 days of covering.
We still have more to run.
I've Been Looking for An Entry Point for a While Now
I bought yesterday and today for average around $4.
I missed getting in cheap yesterday.
Main reason I bought? Huge volume yesterday and today and both days up.
I think the price will settle around $4.76 $90M public offering price in the near term.
For long term, I think if they can show improvements in the quarterly numbers (revenue, profit, outlook), this will start to run again.
I plan to hold for at least a year.
CarSmartt on Instagram
https://www.picuki.com/tag/Carsmartt
Smartt. Very Smartt.
Smart Investors Buy at the Bottom
And have foresight for the anticipated growth.
Buy low, sell high.
Not Rocket Science!!!
At the very least this is an easy double from here... Not much longer to go before
I Concur!!!
Your bid if it didn't fill it was because the gap between bid and ask was huge. I'm sensing sellers don't want to sell at such a big discount.
GL
I Prefer to Buy and Sell on My Accord
BTW Did You See the 1.1 Million Share Bid Today?
People are getting ready to buy in anticipation of the bottom and the new app launch
Who ever is buying now, their timing is impeccable.
Lot of upside potential.
At This Price, It Sure Is
Oversold and Undervalued.
If I can buy 25% more shares, I'm all for it!!!
The Website Likely Is Funded by Ridesharing Apps That Pay to be On Their Website
These are dime a dozen!
Your Original Post
Where is the date???
https://ride.guru/cities/miami-beach-florida-united-states-of-america
COMPLETELY IRRELEVANT!
I am talking about the post you are citing.
I don't care about any other posts. They could have been posted years ago as far as I'm concerned.
Where is the date for the post you cited???
There ISN'T One!!!
The Website May be Dated But the Posts Are Certainly NOT!!!
Why would I provide a link to support the obvious?
Link to support that?
Constant Barrage of Selling
I guess there is no bottom to this stock
Every Bid get's taken out.
Everyday same pattern. Up initially then as the day goes by, each bid gets taken out with shares being flooded.
I guess this is headed lower.
Staying On The Sidelines
Bids taken out Asks untouched
Bigger money continues to sell the shares
Not touching until I see a bottom
Bottom Line is That People That Are Dying
Are dying mostly from compromised immune system.
Either the old or people that already have weak immune system from other health problems.
Unusually low % of children have it which many believe are due to their stronger immune system.
CarSmartt will EMERGE STRONGER TAKING MARKET SHARE from Uber and Lyft.
Smartt. Very Smartt.
Flu kills more people than Coronavirus in terms of % of people infected by it and dying from it. Do people with Flu avoid ALL Activities?
Nope.
They let the virus run its course and they still live their lives coping with it.
People will still live their lives travel and take transportation because IT IS NECESSARY.
CarSmartt Offers the SAFEST and Most Cost Effective Transportation Method Involving Minimum Number of People That Accepts CASH
Smartt. Very Smartt.
Very True.
I'm finally seeing more bid shares than ask shares.
I think there will be more bid shares coming in the lower this goes.
Great Time to Load Up!
A penny is my target price but I need to see a stable bottom.
Why Your Logic Fails Smell Test
Is Flu kills more people than Coronavirus in terms of % of people infected by it and dying from it. Do people with Flu avoid ALL Activities?
Nope.
They let the virus run its course and they still live their lives coping with it.
People will still travel and take transportation because IT IS NECESSARY.
No Need to Post Coronavirus News
Its everywhere already.
People will ride gypsy cabs like CarSmartt because they don't have a choice. People are already afraid of Uber and Afraid of Lyft because either the drivers are pissed off in masse or riders want the most cost effective option.
So according to your logic, people will be starving because they are SO AFRAID to buy food? So afraid to see their family? So afraid to go to work? Nah, I'm not buying it.
These are essential activities that EVERYONE will have to perform even in the most dire circumstances.
I'm willing to bet CarSmartt will INCREASE their market share.
On top of that, Uber and Lyft does not even accept CASH!
Not Rocket Science!!!
Smartt. Very Smartt.
avoidance of all public activity!
We Can Agree to Disagree
People will TRY to avoid crowded areas.
Normal.
But they will HAVE TO TRAVEL for work, to shop, to buy essential things. Essential travel.
Instead of taking buses, subways, rail, planes etc.
They will instead use minimum people transportation method which is ridesharing if they don't have their car.
No problem. I'll give them two weeks, or so, and their business will increase in affected areas...
CarSmartt will see their revenues go up.
Smartt. Very Smartt.
COVID-19 is the end of CarSmartt!