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Not Impressed
This MM manipulation is bull shit. They push it up to .0164 to spark sells to get more shares. Really this stock should be solidly trading at 2.5 cents right now. But the MM's are gonna keep this down til news come out.
Well said. We are expecting results.
lol...that's true. most acyd participants overlooked that all those suggestions of potential PR's have already happened during September. There were 5 PR's in September. I will only say that that PR campaign was successful if ACYD can maintain a stable stock price at a penny until the new ticker symbol. It would make sense. But if ACYD dropped to sub-penny levels before the ticker change then something went wrong.
I agree. That's what its looking like. Any panic selling and ACYD will drop below .005 in less than 10 minutes. I'll say it again, I don't think they should have release any information until ACYD was 5 days away from the ticker change and name change.
Buying back 10 million shares every other week is not going to move this stock upward. Releasing real news in a timely fashion verified by signed contracts is what's gonna move this upward.
We didn't get any news last Friday. We are not gonna get news this Friday. As I said before the only news coming out this month is name change and ticker symbol change. How I know? Wialan's securities attorney has not even filed the 8k yet. When the 8k is filed the public will be able to see it on Edgar and the OTC disclosure system. As it stands we are completely dependent on the market's faith in this pink sheet stock. How long that will last? Only God knows.
Good point. 70 million shares remaining?
Examples of Successful Reverse Mergers with Public Shells
Nearly half of the companies trading on the OTCBB Exchange went public via a reverse merger. The term “Reverse Merger” dates back to the early 1950’s when Armand Hammer a world renowned oil magnate merged a shell company with Occidental Petroleum.
Blockbuster Video went public via a reverse merger.
Ted Turner completed a reverse merger with Rice Broadcasting which went on to become Turner Broadcasting.
In 1996, Muriel Siebert, renown as the first woman member of the New York Stock Exchange, took her brokerage firm public by reverse merging with J. Michaels, a defunct Brooklyn Furniture company.
One of the Dot Com fallen angels, Rare Medium (RRRR), merged with a lackluster refrigeration company and changed the entire business. This was a $2 stock in 1998, which found its way over $90 in 2000.
Acclaim Entertainment (AKLM) merged into non-operating Tele-Communications in 1994.
I didn't know Wialan's PRs were featured on the Wall Street Journal website.
http://online.wsj.com/article/PR-CO-20130920-905024.html
lol lol lol
It looks like the MM's are holding us down. lol
That's my point. This thing was orchestrated to shake people out and minimize the chances of a lot of people becoming rich.
I think they released their information too soon. None of this info should have been released until the name change and ticker change was eminent. Then those 5 PR's distributed in September would have pushed the stock price to an appealing level. The way things are going now all it would take is a small disappointment or failure to meet expectations and the open market value would plummett instantaneously!
Interesting. This purported e-mail post brings to mind a completely different picture than those other e-mails purported to be written by Peabody. Someone posted yesterday about receiving an e-mail from Peabody saying the contract by HughesNet and others are just waiting to be signed. This purported e-mail implies a gag order. I stated in an earlier post that all the news that suppose to be reported was reported in September. Wialan published 5 PR's during September. The only PR's I'm expecting for October is the approval of name and ticker symbol change. From reading the content of September's PR's, I'm of the opinion that if Peabody had anything solid to report to Investors it would have already been released. Whatever stability in the stock price that is present is due to the buyback and stronger shareholders.
CNBC affiliate picked up on Wialan Technologies today
I saw a link to an article about Wialan Technologies a few minutes ago posted on the GlobalPlayers.tv website, an affiliate with CNBC.
The news is already out in those September PR's. The only news coming out in October is the new ticker symbol. I don't think Peabody and crew got it in them to churn press releases every other day. Anyway, market makers at work...shaking out the weak. When it falls below a penny again be prepared to buy more and dollar cost average your way up. In other words start licking your wounds baby!
Five press releases published in September
In the next thirty days you will see several press releases describing our current successful partnerships in the United States and in many other countries in the wireless business.
This quote is taken from the 9/5/2013 Letter from the President of Wialan Technologies. During the month of September there were 5 press releases (including letter) distributed by Wialan. Only 1 of those press releases mentioned a partnership which was a non-binding letter of intent to establish a jv in Brazil. The statement by Peabody give the impression that there are many partnerships not yet announced but pending. The 30 day time frame would be Saturday October 5th. That would give the expectation that a PR is pending this week by Friday. I'm assuming its gonna be a pretty big partnerships due to the excitement conveyed in that 9/5/2013 letter. If no other news is released by then, then I'd think those September releases were the intended news to get the share price up from 0.003 to the 1 cent range.
With respect to the issue of the conversion of the ACYD name and trading symbol to Wialan Technologies, Inc. we have been advised that the conversion process will take thirty to sixty days...
Tomorrow will be October 1st. The letter was published on September 5th. 30 to 60 days from September 5th is October 5th and November 4th respectively. I gather from this that the name change and ticker symbol conversion can happen any day between now and early November. At www.otcbb.com there will be information on the new symbol and name change when it is approved by relevant authorities.
Overall, I'm of the opinion that if there are more PR's coming out during October, it is probably 3 of them as follows:
The first announcing the completion of the stock buy back.
The second announcing the name change and new ticker symbol.
The third announcing a prominent partnership in the United States or another country.
In my experience with penny stocks I've seen sub-pennies move upward to $1 and even $5 purely on speculation and bull shit. In the case with Wialan's penny stock it can move significantly on solid moves as long as they continue to avoid the reverse stock split strategy and keep churning out the press releases. Good luck to all invested. May God be on our side this time. lol
the MM's control the market because they own more shares in their inventory than anyone else. they also get those shares at wholesale.
thank you for the enlightenment. now i can see how manipulation can step in when market demand is emotional or unenlightened.
I guess the bid and the ask shows the marketable range to buy and sell. Yeah, from experience it disastrous to sell outside of the bid and ask.
I've always thought the bid was the market. But the ask can become the market when the demand is bigger than the supply. So far today there is no doubt a strong support at the bid.
When I put a bid in to sell that's posted to the market as an ask?
So it's better to see more shares on the bid than the ask?
.0147 is the high and .0145 is the low. Looks like its on the down tick next. Too many shares on the bid.
Opens @ .0145 and falls flat so quick. Ummm?....
Noticed how Google associates Mr. Warren Buffett's photo with Wialan's stock buy back. The buy back is announced through marketwatch and businesswire. The caption under Mr. Buffett's photo says marketwatch. Interesting connection with Google News search. Maybe someone over there know something we don't.
Google News Wialan Technologies and Warren Buffett
Go to Google News and keyword search Wialan Technologies and you will see a quiet association between Wialan and Warren Buffett. For the last week I've noticed every time I searched Google News for Wialan a photo of Warren Buffett appeared. Why?
PPS support mean .014 times 300%
Scrap buy back and focus on current pps on the open market. I think that's better for existing shareholders.
It looks like short volume and normal volume are close to merging. What does that mean?
Thank you very much, sir. :) Just waiting to read the content of the next PR like everybody else. I hope it's as good as the expectations that's been built up over the last week. :)
Five press releases published in September
In the next thirty days you will see several press releases describing our current successful partnerships in the United States and in many other countries in the wireless business.
This quote is taken from the 9/5/2013 Letter from the President of Wialan Technologies. During the month of September there were 5 press releases (including letter) distributed by Wialan. Only 1 of those press releases mentioned a partnership which was a non-binding letter of intent to establish a jv in Brazil. The statement by Peabody give the impression that there are many partnerships not yet announced but pending. The 30 day time frame would be Saturday October 5th. That would give the expectation that a PR is pending this week by Friday. I'm assuming its gonna be a pretty big partnerships due to the excitement conveyed in that 9/5/2013 letter. If no other news is released by then, then I'd think those September releases were the intended news to get the share price up from 0.003 to the 1 cent range.
With respect to the issue of the conversion of the ACYD name and trading symbol to Wialan Technologies, Inc. we have been advised that the conversion process will take thirty to sixty days...
Tomorrow will be October 1st. The letter was published on September 5th. 30 to 60 days from September 5th is October 5th and November 4th respectively. I gather from this that the name change and ticker symbol conversion can happen any day between now and early November. At www.otcbb.com there will be information on the new symbol and name change when it is approved by relevant authorities.
Overall, I'm of the opinion that if there are more PR's coming out during October, it is probably 3 of them as follows:
The first announcing the completion of the stock buy back.
The second announcing the name change and new ticker symbol.
The third announcing a prominent partnership in the United States or another country.
In my experience with penny stocks I've seen sub-pennies move upward to $1 and even $5 purely on speculation and bull shit. In the case with Wialan's penny stock it can move significantly on solid moves as long as they continue to avoid the reverse stock split strategy and keep churning out the press releases. Good luck to all invested. May God be on our side this time. lol
conservative trading session. good sign for acyd. see you guys when the great news come out.
Obama's press conference might get some heavy ACYD buying going in the last 5 minutes of trading.
Wialan Technologies will be the greatest penny stock story for 2013. I really really like what I'm learning from their website.
When the big news hit the bid will skyrocket. Sideliners will be forced to pay more to get in. Now is the time to buy and get in before the great news arrive. At these levels you can walk to the bank with a minimum of 6 digits.
PROFITS
Reduced expenditures increased productivity NO DEBT equals profit.
Did you say "NO DEBT"?
That's right, my man. Wialan is a real business. That's why we say this reverse merger is just a cheaper form of Wialan Technologies going public. We have a $1 plus stock and don't even see it!
News
Hughes is working with Wialan because now they can put one terminal in a strategic location to connect to one computer that is going to be connected to the Wialan box and the Wialan box is going to create a ”Cloud” around the neighborhood then a small low cost device is going to go into each house (less than $100) so that Hughes can now provide the service to all of the houses by only using one satellite dish and one terminal which significantly streamline costs for Hughes.
I see Google hanging their nuts on Wialan Technologies. Google is an innovator and have no problem with going against the grain and taking risk. Google takes pride in making money for others. There could already be undisclosed discussions underway...Read those patents.
That's the point. That's it. I can see Google buying their technology. We're rich and don't even know it.