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Looking for .01 or higher
Same here still see potential here! There is no such thing as a perfect penny stock otherwise they would be $10 haha. Seen much worse go 10x this pps with little to no info.
Hard to find penny stocks that don't say that
Looks like they have already sold most of the authorized shares. At these price levels not to worried. Still have at minimum price target of .005.
With the volume over last few weeks in these price ranges don't think we have any sellers unless it moves quite a bit higher.
At least its clear we have a good base most of the shares have switched hands or not willing to sell this low.
All the chart indicators are showing momentum is about to step into overdrive.
Agreed .003 attention will grow each day especially attracting momentum traders.
Entire float has switched hands at these prices and up to .0042 and shouldn't be any more sellers that will sell shares without higher pps. This is a good sign of accumulation and consolidation which will support a stronger more solid move higher.
Today confirms we have a solid support level
Looks like .0006 is a solid support level now
Looks like we have a solid support here
Assuming he may not look at charts often because the chart I'm looking at shows its moved above all the moving averages as of today.
It's going climb in expectation of news for sure all week.
At least somewhere above .01 seems realistic after watching daily trades and L2 movement since news.
Basically these brokers will borrow your shares without consent so they can short the stock with them. It's a naked short it's annoying there regulators don't control it better.That was awhile back on another stock.
I usually keep my sell orders in at all times, but in one experience my friend went sell stock and made his account negative. Apparently because his shares were naked shorted when he sold it made his account appear as if he had no shares to sell. Took several days to get his money and remove negative amount in account. I was right someone had borrowed his shares to short. I'm not sure if there is much you can do keep them from doing this.
Nearly half the volume again today was naked shorts. Apparently they are running out of shares in the float so their borrowing from our accounts that hold them lol
Seems that majority of selling is short sells lol. Must be a lot of people holding their shares tight.
12 mill were shorted
Nice the way it's been trading it's sure seems as the float is very small.
I'm ready roll been accumulating!
News?
No doubt its inevitable
You can be sure if a decent buyer hits .0007 those sell orders will disappear! They are just trying to shake shares out to buy cheaper.
I wouldn't be surprised if we start seeing gaps in the bid ask soon. Its already trading like we are at .20 cents or higher. Haha it's obvious the floats locked and watching level 2 is cracking me up! Such a low price to be locked up. It really makes me believe we could see multiple pennies on this thing.
No doubt their fishing (shaking the trees) for shares and getting none! Sure a lot of shares short to cover lol.
It moves on thin air! Float must be locked up tight.
You can clearly see watching level 2 it moves very easy. It's clear the float is small and they have been shorting it to try to get control. Not enough shares available to sell. I can see at least a .01 range with ease.
All IPRU needs is buying pressure! With roughly 262 mill shorted since March 20th and at such low price levels is crazy. Can you say short squeeze on any serious buying pressure!
http://otcshortreport.com/index.php?index=ipru&action=view#.U0bzIF7YKuc
Date VolShorted High Low Close ShortVol RegularVol
Apr 09 59.38% NA NA NA 6,340,000 10,676,608
Apr 08 18.18% NA NA NA 9,815,276 53,980,381
Apr 07 16.03% NA NA NA 4,529,900 28,253,542
Apr 04 27.71% NA NA NA 12,288,052 44,352,590
Apr 03 48.58% NA NA NA 25,842,032 53,190,610
Apr 02 55.15% NA NA NA 6,690,000 12,129,670
Apr 01 13.88% NA NA NA 3,757,666 27,081,821
Mar 31 23.63% NA NA NA 16,370,438 69,280,306
Mar 28 32.23% NA NA NA 3,857,000 11,967,848
Mar 27 38.17% NA NA NA 2,723,990 7,136,590
Mar 26 29.05% NA NA NA 9,137,130 31,448,054
Mar 25 41.30% NA NA NA 25,357,837 61,402,582
Mar 24 25.52% NA NA NA 13,038,266 51,098,759
Mar 21 42.04% NA NA NA 38,789,624 92,279,248
Mar 20 42.70% NA NA NA 87,897,149 205,841,575
Almost 650 million short sells in only 5 last trading days! Buying pressure will force them to cover and you know that amount short wasn't at highest prices lol. Can you say bull trap haha
http://otcshortreport.com/index.php?index=mely&action=view#.U0bXp17YKud
Date VolShorted High Low Close ShortVol RegularVol
Apr 09 33.34% 0.00 0.00 0.00 74,274,603 222,801,909
Apr 08 37.26% 0.00 0.00 0.00 71,898,361 192,985,234
Apr 07 27.15% 0.00 0.00 0.00 53,066,264 195,459,219
Apr 04 32.19% 0.00 0.00 0.00 126,762,288 393,808,837
Apr 03 44.47% 0.00 0.00 0.00 323,343,810 727,176,188