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I'm up to almost 2m but it is logical that there are some whales out there buying up at the bid considering the support this has had (thank god for them!). Whether they are posting on here or not? Who knows....
If only other OTC companies had 40m to monetize. Nice problem to have imo and the reason why most people are sticking with this one.
You have good motives, I doubt it.....:)
Certainly looks that way. This one has the potential to move big and fast and this may well be the initial catalyst. Looking forward to seeing the action for the rest of the week.
I missed the news today about the new CEO, when did that come out?
I agree. Nice bid lower down waiting to offer support if needed and a close almost at HOD. I'm thinking another green day coming tomorrow.
VFIN gone, VNDM gone. Are we free to move now? Looks possible.
You know what makes it hard to believe? If one of my co-workers was mentioned on here, I'd be straight over to talk to them and having a good laugh about it. Instead of that, you're just assuming he isn't and not even talking to him about it?
As soon as the 7s stop being hit, the 8s will fall quickly. It seems to have stopped so tomorrow will be good.
I picked up 3 mill myself to add. Obvious to see where this is heading.
A lot of irrelevant information there. The old GRAS Greenfield business failed and the company became a shell. The R/S and sell up to 950 mill shares was to purchase Carmela's and start over.
I have never heard anyone on here who has been around since before Carmela's but that is the business of interest here.
This wave of dilution is to open the new bricks and mortar and kick start the franchising. Once again, it becomes a very different business at that point.
Point being that sometimes dilution gets you an opportunity of a new business and is actually worthwhile. It's why every company is here on the OTC, they all sell shares at some point.
Will it be successful? Time will tell. They were very specific and short term in stating that a new restaurant would be open in January. It's not long to wait to see whether all of this is worthwhile.
It's been no bid for ages. What is odd is these tiny orders way below 0.0001s.
Glad you get that unlike many that are still buying 6s. lol
It's a flip play. Today's game was buy at 5s, sell at 7s. It was over by around 10am and since then they've been accumulating bagholders. Nothing will make this move any higher now today and it will then start sinking as everyone sells and moves on.
The next game will be buying 2s/3s and wait for the next PR to sell at 5s/6s.
Noone should hold this stock longer than a day, it's a mess.
All in my opinion....
Have you not been around for long? Definitely good is the answer.....
I agree and I did the same. It's done on this news which means it will now sink from here and the next run will be from 2s/3s back to 6s. Not so bad because that will be a bigger %. It's like clockwork, heavy dilution and then fluff news to dump even more with a small run. You have to be very careful to not get caught here.
Actually looks more like shorting to me. The individual trades are more spread and split up as if someone is trying to push it down. Converters would have let it run more to take advantage and then waited for a big bid to slam.
To be clear though, I'm not selling. I'm just waiting it out till Jan
I agree with that 100%
And yet plenty are willing to add to the bid which got stronger today even with the volume. People are grabbing 1s and stacking the ask.
I'm going to step away from this one for a while again and just wait. Getting bored of the day to day. January will be more interesting when the new restaurant opens.
The OTC is a crazy place but laws are laws and there is a written record on here that anyone can see.
I don't/didn't panic. I sold some when it was at the peak and then held the rest. My average is still fine so I'm good.
I prefer the trust no one policy that has done me well on here. Most of the more experienced traders and posters on here know that an email stating that a deal has fallen through is not legit. It either should not have been sent by the company or it should not have been posted on here. It's obvious disclosure of information through a back channel and is clearly not "legit"
People are manipulating a very small delay to make money up and down in the meantime. Transparent as hell.
It's OK. It will be old news tomorrow. This saga is funny. We will all know soon what is correct.
Why do you think we need new buyers? We have plenty of people buying which is why this is not going down significantly regardless of the large volume.
OK. So we have two camps here. One that says that there is a board meeting tomorrow and news on Thursday (hopefully). The other camp stated that he got angry and told them he wasn't going to PR any time soon.
So here is a question. Can you ask him if he did send the other email someone posted on here? That would be interesting
And you are here still because?
I see lots of volume and accumulation and minimal drops as a result. If the dumping stops, this will run hard, no doubt.
I think the whole market sector is down because there are many countries considering more control over vaping, including banning it in closed areas in the same way as cigarettes.
I believe that is all a blip because it won't effect the market long term and the growth will continue.
Look at the timing of posts and the crash and burn today. There were even people bragging about loading the ask to make it go lower. Maybe I've been trading too long here but I still find it disappointing that people buy into these scare tactics and give their hard-earned cash to others.
If there was an email, it was bordering on illegal in the first case because it basically was an open disclosure that a deal was not moving forward. Personally, I wouldn't have then put it straight on here because that is perpetuating the crime. If there wasn't, that is very sad and a shame that so many people lost money as a result of this manipulation.
I only have a small holding here and I didn't sell when the barrage happened but my average is low anyway so I wasn't and still am not concerned.
Happens all day every day on here. The key message there was to take your profit on the way up. People came, people bought, people sold and took profits.
I'm actually more disappointed with the scare tactics used here today which lost people a lot of money and encouraged a big sell off.
Now the same people will reload at these levels, news will hit finally and they will make profit all over again.
I trust no one apart from myself and if anyone hasn't learned that lesson here today, welcome to the real world. Trade on the momentum, believe nothing and take profits as you go. Believing the hype is what loses money every time.
So it makes sense that they say one thing one minute and then email randomly to someone on here saying that the world is ending? Logic has to kick in and stop this insanity at some point. This is criminal.
If that email is correct, he is contravening all the rules of disclosure which would seem to be a bit stupid considering he states that he won't do that. If this is a game to drop the price to get cheap shares and reload, I'm not in. It's stealing people's money.
I want to see tomorrow's action. Someone dumped or washed 30 mill on the bid and then the buyer slammed them straight onto the ask. $6k will take them out and that entity will take a $3k profit.
Apart from that, there will be dilution but it will move up several ticks if we get volume so we will see.
That's the previous pr you are stating. This states a restaurant open by Jan 2015. Sounds positive to me
I personally would not like to make money on other people's misfortune so I only look for stocks that are already bottomed and ready to go up. I also wouldn't sit here posting negativity to get another few shares by scaring them out of someone else. Shameless activity if you ask me.
Happens on every stock, there's always a few people shaking the trees just before a run and people buy it every time.
So be it. I'm in and buying at these levels and looking forward to the inevitable run.
How can you say no bottom in sight when we get sizable volume and the pps maintains. Let's stop this now, it's going up, time for positivity. Watch this space for the next 2 days.
What "evidence" or dd do you have that would lead you to make wild claims of an RS? No chance.
It's still at a healthy level here and new support is buying in for the next leg. It's going up from here so do one of two things depending on your motivation - cover your short or start buying the bottom. I'd recommend either option quickly.
I'm thinking $11 personally
Up? lol
I guess that means you are leaving on the increases that will happen from this latest filing? A shame but good luck to you!