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I'd say CMEY could be in play for longer than just a few days. The potential string of news that is anticipated could lead to a nice few weeks/months ahead before reevaluating for something more long term.
Nice day today guys. Time for some fun in the sun poolside. Keep fighting the good fight.
One thing to consider is that if there are multiple orders routed through one market maker, level 2 is only going to display the lowest offer (or highest bid) above 5k shares.
That's why when someone was offering 5,000 shares through ETMM earlier @ .0249, level 2 wasn't showing the 800k order @ .025. Hope that helps.
Been watching this trade pretty closely for the past 5 months. I'm suspecting that nite is doing quite a bit of shorting here. I could be wrong, but it sure seems that way based on the size of the orders appearing on the ask and when they (nite) show up on the bid. Seeing the true share size of the orders on level 2 has helped make this a little more obvious. We already know the company is not diluting. Possibly some shares from early days of business?
Looks like we got about 800k left to chop down of that order @ .025 through ETMM and then blue skies.
Hope nobody is regretting selling at these levels already lol :)
Clear the .015 to .025 flippers so we have a clear path to run please..thank you.
Nite's got nothing left!! Clinging to his 132k order @ .0247. Auto moved to .09 on level 2. lol
Edit: Now more shares showing up @ .0245..looks like nite is still playing games.
This buying has put nite on his heels. lol..Obvious desperate attempt to keep this from taking off. 145k showing @ .0247, there just isn't any size showing beyond that. Can't tell right now if that bigger offer is still there @ .025 through ETMM until their cheaper order @ .0249 is gone.
Nite is squirming right now!! lol..only 15,840 shares left showing @ .024
Then we have 29,225 through ETMM @ .0247 and 25,000 shares through AUTO @ .0249
Wish I could do more right now. I was chomping at the bit to take out those .02's this morning. Again though, I know of about 2 million shares that are held pretty strongly and we'll leave it at that. :)
Nite looks like he is fighting for his life right now lol..keeps loading the ask and gets taken out at every turn. This market maker keeps digging his hole deeper. Just about every large offer that appeared yesterday on level 2 has been bought up. Gotta cover those shorts eventually guys!! lol
.0226 was the last major price point of resistance yesterday before that ETMM ask @ .025.
I like it!!! haha..so long to nite @ .022!!! Not much size here @ .0225..only 50k showing, but I'm pretty sure this market maker is still playing games. After that only 59,200 shares takes us back to .025 or higher.
You obviously have a pretty savvy crew. I remember how much fun I had hitting the ask while everyone was selling from .02 down to sub penny the first time around from end of March through May. lol
Haha!!
Looks like nite is all but neutralized at this point. He's got his offer at 150k now @ .022. Don't think these guys can take much more buying pressure. lol
Doing this now pdd..thanks!!
150k showing on the ask through nite @ .02. After that the next price showing is .0247 through ETMM who is only selling 34,200 shares. This can quickly turn the other way in a positive direction, which may or may not be to the dismay of some here. :)
LOL!!!
Regarding my commentary, I am just stating what I have observed. Anyone can trade however they want, so best of luck in however you choose to manage your investments.
Of course there is..if I sold all my shares into the market when there is no volume, it would be pretty easy to do. Good luck to you.
Showing 67k @ .02 through auto. He mentioned buying through auto a couple times on the way up and those were the large sell orders showing on the offer all day yesterday. There's also a 250k share block nite has up I believe @ .022. After that I think we are back to smooth sailing.
Pretty sure these are still Itzis shares selling through auto on the offer. Buy em cheap guys.
No wonder he thought CMEY was gonna go down. Selling a lot of shares into low volume will do that. He's calling out the impatience of the group here to try and buy back cheaper.
I still can't believe CMEY is trading south of .10 even now considering all of the potential here. Some clarity with regard to financing and product launch should do the trick! Soon guys..
CMEY is a mobile banking play..30 million share float trading @ .022. S1 is expected near term.
I'm in agreement with that. Depending on the right news we could see .20+ in my opinion. Wish some of these knuckleheads would learn how to trade this one.
I think today's PR had some substantial information and should not be discounted. More than anything, this shows we have a CEO that is being proactive and wants to keep investors engaged. There's not much else the company can do until the S-1 comes out, so give them a break. I like seeing a company that is bold and confident in their product. Way undervalued at these levels bottom line.
ETMM almost out of time now! lol
Watch .025 and then .03 go bye bye! :)
And I like that this mobile banking market has been estimated to be a potential one trillion dollar business!! :) Go CMEY!!
And we still have a number of potential catalysts near term. We are all awaiting the S-1 and financing information. Then there is the launch of the product to consider. From there there is potential partnering, patents pending, etc. Future looking bright for CMEY.
I love the fact that the CEO recognizes the need to create awareness. He understands exactly what the potential is for CMEY and has done an excellent job showcasing just how big of a player the company could be in this market. As we wait for the S-1 filing, these are the types of things that will help keep investors informed so they truly can know what they own.
CMEY could be in for a big day!! Nice PR this morning!!
http://finance.yahoo.com/news/cMoney-Provides-a-Safe-and-bw-3109945375.html?x=0&.v=1
Big news on CMEY!!!!
Potential to dominate an estimated trillion dollar mobile banking market!!
http://finance.yahoo.com/news/cMoney-Provides-a-Safe-and-bw-3109945375.html?x=0&.v=1
Woooo huge CMEY news!!! Could potentially dominate an estimated trillion dollar mobile banking market!!
http://finance.yahoo.com/news/cMoney-Provides-a-Safe-and-bw-3109945375.html?x=0&.v=1
Wow great PR..talk about a company that is confident in their product. CMEY is making things happen. People are finally now starting to see how undervalued this stock is here.
CMEY gonna fly today..great group we have here
Thx for the feedback..good luck to you as well
You have that absolutely correct. My target is .20+ short term.
CMEY baby!!! Tmrw it's time to rock!!
CMEY tmrw..30 million share float..time to rock..
Tmrw the next leg up begins. Congrats to all the patient longs.