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Just seems to me when an entity is given millions of shares at 0.0001 and is able to sell at any price higher, which is always the case, just a question of how much higher, investors get slaughtered. I have been in a company that diluted all the way to 0.0001 from 0.0028 range. I'm not saying that is gonna happen here, but have seen it.
I would assume that those able to short have a great opportunity to do so.
My question is what is the criteria for being able to short a penny stock? I know the average investor cannot short a penny, so who can?
Interesting. But the biggest price increase happened briefly and in a very tight price range, from 0.007 to 0.011. Are you saying that was the motif of the group you speak of? Not being contrary just trying to understand.
The only price increase I can find is in that range and that was a small time frame and a small price increase for a penny. The control of price and timing would have needed to be perfect.
I'm a cynic by nature, and buying in and and having PPS fall dramatically in two days reenforces that cynicism. I am trying to assess whether PPS is going to continue to fall or rise (hopefully rise). Always curious how folks stay positive when PPS is falling.
Not every penny stock is legit and I have my share of bad experiences and hoping this isn't one of them.
The volume yesterday seemed to suggest that the seller might be done but that's just a guess...
I don't understand how a company would want to attract shareholders by destroying the PPS with huge dumping.. certainly does not instill confidence when you buy at what you think are good prices and loose half your investment in two days... terrible.
Well the chart is looking more positive now. Two white candles, RSI is turning up too...hopefully 0.007's were the low and the company is done selling for a while and we get a great update...let's see what next week brings.
Do I understand you correctly, you are going to pay to have this promoted on google???
You seem to have a very positive view on this..would you explain why and what it is that makes you confident when a lot of us are not. TIA.
Hope you are right, but something seems fishy to me....good luck to you as well.
gotcha...good luck to you and everyone.
that's not bad you could have sold at 0.006 today. You don't think you will turn a profit at that price? I'm in at 0.008....sux
If you don't mind me asking, at what price did you buy?
folks are scared. No one knows where bottom is now...
Its tough to take a %45 loss in 2 days of owning a stock..my fault there was a descending triangle on the Daily chart clear as day projecting these prices...
gotcha. Is Kayak in the same business as YLLC? The online vacation rental business?
Dont understand. Wasn't there 89 million shares traded this week alone?
The most important questions: Is the seller done and does YLLC have a business that will generate profits for us?
I agree with you. My situation is a bit different, I bought at higher levels and don't want to hold for 2 years....at these levels I too believe you are in a good place...I might buy back when this bottoms but I think the bottom is several months away...good luck to you and everyone!
Ya, it hasn't been pleasant and no end to the dumping in sight..I'm going to have to sell and take my %50 loss....sux.
I don't understand what you mean....
Deep enuf....all my trades are just being diluted to smithereens...literally all of them...I'm ready to give it up.
Im averaged at 0.25 but when I bought I really thought this was going at least %25 higher. Completely my fault for stubbornly staying in thinking I would come out with a profit when it was clear that this was going much lower...I don't own alot of shares but being down close to %50 is never good...how big of a position do you own?
Sorry to hear, I stayed out of other plays that have gone up so much because this stock had such a terrible impact on my confidence.....I don't trust my own judgement and you can't invest like that.
Maybe they have sold 5,000,0000 or so alot left...I thought you sold already??? What is your average?
I hate to say it but I think it's going much lower. The recent filing says they have 22,000,000 to dump. Unfortunately they are doing the typical penny stock f*** the stock holder bit. Dilute until PPS is destroyed, reverse split and repeat...I'm so upset with myself cause I could have sold for a smaller loss but I thought they might put the breaks on this month and maybe release some positive PR's. I have made a profit on this in the past but....can't believe my luck sometimes.
the dilution is crushing shareholders regardless of how good the product is..
thank you. ya this was PR'd at that time..
we actually had a nice move up several weeks ago when PPS moved from 0.0016 to 0.0038. There was no apparent reason for the increase. Unfortunately a big dump sent it back to the 0.001s...
Then we had the 8-K with the A/S increase...don't know if DNDT has such a big share structure increase. As of now the ENTB charts are saying lower prices ahead....hopefully we will bounce from the lows or some kind of incredible news will keep PPS from falling (if management will let this breath).
likewise
and you were hoping they wouldn't dilute again until we hit 0.05....guess not.
Its called dilution..this is how companies that are not profitable stay in business...hopefully they don't dump all 2 billion or else this will go to 0.0001....hopefully not.
Don't know about that in the long run it seems to eventually bounce so far...
Ya not looking good in the short term. I don't understand the pumpers here. I mean we all want to make a profit and perhaps the wild card here is somehow this magic vaccine they are working on becomes the new standard in the world but there is a reason why A/S gets increased and that's to dilute. Does anyone like having to buy lower and average down??
BTW the charts are saying this is going lower still for those who are into Technical analysis.
I thought there would be a strong possibility that this would happen...how are they going to buy all those clinics with a $300,000 market cap and no profits. That's why they increased A/S to 2,000,000,000....likely lower prices ahead...
uh oh. Is the company selling again?
ya, this became a longer term play if we are to recover or make a profit. I believe it's gonna take at least 4 months if not longer. Hopefully sooner but there is lot going against PPS right now. Millions of shares to be diluted, lack of profits and a looming reverse split...
I'm hoping we get a pop if they let this breath for a month...
I think that's because of the new shares being diluted...these are not shares being traded. They are NEW shares being dumped into the market which is why we have had such high volume for weeks now while PPS falls lower and lower...that's why dilution is so deadly.
Bottom of page 2 in the most recent 8-K....
The bottom of page 2 in the most recent 8-K....they are diluting in $100,000 increments until Feb....
they hadn't diluted in a long time time and the charts had an ascending triangle projecting prices in the 0.37 range...thought we were good but then they dropped those filings.
If I'm reading them right I think they will stop dilution for a the month of Nov...hopefully we will see higher prices then....I hope