Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Been accumulating a nice sized position in this one for a little bit now --- looking more and more like the funder may be finishing up and the big boys are finally ready to do something on this.
With a float as small as this, it sure wont take much to have a nice penny run IMO.
There is already 1/2 Million more shares on the bid .04+ than there was yesterday at the close. No doubt in my mind the same investment group that pushed this up last time to .06 from .01 is back at it again.
This time though they started at around .03, which is why i think this sees .10 and possibly higher this leg up.
And to people that say this goes up and down on nothing, thats not true. This went from .005 to .06 and then held at .025. That is respectable, and formed a good base for this possible move to .10. Chartwise, this company is in a long term uptrend and breaking .10 this time and even holding at .05+ would be super healthy for the chart and company IMO.
Although i have no money free to rebuy epoxy, i am happy for Dave to see where this company is going. He is doing this the right way and as much as some on this board have been irriated with him for not PRing more, he has run a tight budget and is not even willing to throw out 400-1000 on PR's it seems. He has a legit investor base in here that is accumulating so no need to pump up the stock price.
It does now seem that the next leg up is beginning and chartwise, the last run went from .01 to .06,,,i honestly wouldnt be surprised to see this one go from .025 to .10-.15. Higher highs, higher lows, and the buy side volume is getting heavier day over day.
Im unfortunately no longer in epoxy, but it sure looks like its setting up again for another big push higher. The fact that it has held this .025-.03 area for so long with no news is only bullish and now some buyers are coming back in. I would think this week it breaks into the .04s and Dave continues to build the business slowly but surely without burning thru cash like most OTC's. He treats this like a real business which is what I have always appreciated.
If i had cash i would be buying right now
We need a close over here state side above .035 and then the chart will breakout and should run to .06-.10. The big boys and silently accumulating all this stock up here, and its slowing down. Pretty much all retail is gone again, just like at .008 and then it will rock again.
The chart couldnt be any better. And premarket the MMs are moving up, and now literally only 1 under .05. May be close for the next leg
Textbook breakout chart just beginning here. The bollinger bands had gotten tight, and now they are opening up, just add volume and we will be at .05 in no time.
Doesnt get much nicer than this as a chart setup to breakout to new highs
Looking for big company developments in the coming days and weeks now that the ticker/name change has finally passed
Yesssssssss --- Seems like a year in the making and it finally begins tomorrow. Such a big positive change for the company
Now lets get all the backlog of news out in the coming weeks and take this past the prior .06 high
...i felt like the ticker and name change was never gonna come LOL
That German Market for epoxy seems to always point the way. When they are up big on the day, we tend to follow suit and likewise today there is some very steady buying pressure today.
We break .032 and i think the next leg begins
LOL yeah no problem. --- Im checking the daily list by the hour these days, it really should happen at any point now.
Lets get the show on the road with the "new" EPXY ticker.
Name changes dont come out on the daily list until around 12:50 EST and then come out several more times throughout the day ending around 5-6PM EST.
Pretty clear we are having a share transfer from all us retailers giving up and just dumping out and the big money buyer who is fine accumulating all these shares up on the bid. buy buy buy, they dont care the price.
Before you know it, they will have even more of the available trading float locked down and then the name change and all the flow of news goes and the stock is up at .08 and retail looks back and says "shit".
things that make u wonder, all the quiet accumulation as retail sells out.
Lets get this ticker change today already, im refreshing hourly the daily list. Hoping it comes out at 16:58 est
As has been said for months here, if Dave can just get enough funding to give it a go on a full regional/national launch then there is serious % potential for shareholders at current level because of the fact the share structure is so small.
The 60 min chart has fully consolidated the gains from before, allowing the stock now to move healthy to the next level. A break now of the .03 level starts the new uptrend.
The first run was fueled by some large buyer just accumulating the stock with no regard and amplified by the short squeeze that occurred after .035.
This run though looks to be fueled by company developments by Dave. We should have the ticker change, followed by a long build up of news releases by the company now that Dave can finally PR things about his Epoxy company, not Neohydro whatever.
This move, if given the right news, could see .10+, and it may get started as early as tomorrow.
Interesting,,, If the approval process if pretty much in line, then i guess the name change would occur tmr at 4PM and we would be trading under a new ticker on friday.
Let the next round of fun begin IMO
Really believe the name change gotta be in the Daily list today for changing tomorrow
Its gotta be nearing the dead end of the 20 days, even if u use 20 business days
Morning yall --- i cannot believe how hard we crashed yesterday. That was unreal. I dont know what will happen next but my thoughts are this...
It makes no sense that the company would just run up the stock BEFORE the name change and then after the name change when they are updating on the news front that it doesnt go back up. Its ass backwards if the run the last week was the end of it. I gotta believe that was the initial run apart of a much bigger move.
Hopefully the name change is on the daily list today around 1-2PM and then the stock can consolidate today going into next week and after the name change next week, the company will release all its news it has held back while its the NHYT ticker.
Also i would expect some funding news to give Dave the money to launch this on a much bigger scale. Again i could be wrong, but that pullback was expected, lets hope that it was just a pullback to let the chart consolidate its gains. Some big money can be made buying at the .02-.04 levels if they plan to keep the move rolling; as always they say buy when there is blood in the streets
Absolute beast mode Komando --- Very rare ingredients with a relentless deep pocketed buyer with no concern for how much they buy up of the float and equally as bullish a legit trapped short now from the .025 area, to the tune of a couple Mill.
Going into the ticker change within the next 2 days, the shorts have a time period when they HAVE TO cover so if the buyer keeps at it who knows how wild and parabolic this will get. Quite possibly .10-.20 this week on short covering assuming the new Cusip is sent out thursday or friday
According to this DEF14C the name change should "occur on or about July 18th", which is 1 more trading day away.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10066692
I think there is a realistic possibility of breaking .10 tomorrow.
Very rarely are shorts wrong on OTC companies. The stock was overbought at .022 when they started to short. They were right. But the buyer has not cared, and the short is going to have to cover and its going to be where the buyer wants him to.
Very rarely are shorts wrong on otc's but this time they are very wrong and are very trapped.
The buyer has shown time and time again that he does not care how much stock he buys, he will buy everything up. The short therefore could not win, even though it was overbought.
Now the short has to cover 1,2,3,4, maybe even a 5 Mill short position tmr. He is going to lose 400-500% on his trade from where he started shorting. The cover alone may take this stock to .10
I have been trading a long time but this is a rare example of a short truely getting caught. And yes the cusip change is coming, he really is trapped. Hold on to your hats tomorrow guys and gals.
Yep and as many of us shareholders on the board have been saying for many many months, Dave just needs to bring in funding to give us shareholders a chance at real gains.
.05 is nice but if he got 100K or 250K in funding, he could then rollout a sales force and marketing campaign on the entire west coast and go from 175 stores to 1,000 stores. Then you start running the #s and you start running valuations based on that EPS
ASCM short is now using ETRF to help out on the short,,,,this is going to get crazy.
Honestly, i think this sees .075+ tomorrow. the short cant believe it keeps going and the buyer is showing no signs of stopping. Short is in deep trouble
The short is honestly screwed because this buyer will not let up, period. They are going to buy everything until a certain point.
Very unusual event in pennies, this is not retail traders. Someone is buying up a % of the company and ASCM is in deep trouble. Could lose 100K+
The short is caught yall. that is what is fueling this fire.
He is going to have to cover, the cusip change is coming they by law have to cover before that
This is INCREDIBLE. they have the short caught yall. ASCM is absolutely screwed.
Put out the name change today, force the cover on the short with the new cusip # and watch the short scream it to .075. I cant believe this happened. unreal
See you at .05s today ---
This sees the same buy pressure today as last few days i think this sees .05
Am i correct in reading the DEF14C that the name change should occur on or before july 18th?
Shorttt baby shortttt cause were approaching the name change. You gotta love it. Im expecting to see the daily list show the name change today or tomorrow or friday (july 18th thereabouts).
What will happen when the name change is announced? Well all the existing shorts will HAVE To cover because of thew new cusip #. So no matter how high this goes, they will have to cover on the ask at 5,6,7,8 no matter where it is. Amazing ehhhh. So keep shorting LMAO.
Another thing --- this group that is buying up the float would love nothing more than the final retailers to sell out so they can lock down all the shares under a certain price level. This move is 99.9% not moving by retail or IHUB, its 1 group or person.
Yes Jamie. In short form. Heres whats happened.
Some group or person has bought up nearly 1 Million dollars of stock the last 7 trading days from retail. Most retailers who held for nearly a year are probably still happy, but this buyer is obviously quite happy as well.
This float is getting locked down because of this
He could also be the short who is trapped now.
I would also be shorting NH here except for the glaring difference that there is a relentless amt of real deal buyers buying shares at every level LOL. that is the recipe for disaster for a short
Trap is being laid again for ASCM....
This squeeze lets go for the .04 touch
I now believe this is a stock where if u buy and hold for a month u will probably make 2-3x your money.
The person or people that have bought up 500K-1M worth of stock the last week or so are not buying to try and sell them off in a few days. this is a long term accumulation boys.
We all understand this cause we know there is not a shot in he*l that you could sell 25M shares on NH right now. They are accumulating this stock because they believe in Dave and Epoxy. That is a recipe for an extreme bull move on a stock. Buy up the float and take it to where u want it to.
its a true accumulation story, one u dont often see but often hear about IMO. i could be wrong but thats my thoughts.
This sees .05 in short order
We have a short in trouble here. ASCM went short approx 400K shares by my guess and they are now trapped.
May even see .04+ before the EOD
Did you see this buyer bait the short?? Weeeeeeeeee
see you later ASCM.
The buyer laid the trap with the near 700k ask so ASCM kept shorting against that block, feeling safe cause its up so high and there was such a big sell order. They kept shorting and shorting and then all the sudden, boom, the big ask got bought out in 1 short and didnt allow ASCM to cover against it. now they are left short without anything to cover it on.
.04+ anyone???
yessss jamie i honestly thought u were full of it when u first showed up a week or so ago but i am a believer now and i have been a buyer this morning of 150K shares.
Whoever is accumulating up all this stock is taking this to .10+ maybe this time around, i wont miss it.
Shortttt baby shortttt ASCM. see you at .04 this week.
LMAO...
little hint to shorty, dont mess with a stock with real big $$$ buyers coming in relentlessly.
I freakin love what is setting up now.
Somebody is not kidding around -- 3/4M bid just showed up .02+
see yall at .05
Did NITE just get taken out like 348K shares on the ask??
It is freakin insane how much accumulation is going on -- old float holders are getting completely taken out and this has .05 written all over it again IMO.
Absolute beast mode unlike anything we have seen, even in 2013. Just a crazy appetite for shares.
Even i have sold some shares off, but im beginning to think whoever is buying, knows that once they are thru the old float holders, this goes to .05 , .10 +
To me, Dave needs to bring in funding to expand the sales force. That is the only thing that is slowing this down. If Dave had 10 more Daves out there selling the app to local businesses, we could finally see the user base move from 175 to 250,500,1000 and that is when the share price could easily move to .10-.20
Yes he will have to do a private placement of some kind for even 10M shares (restricted for 6 months to 1 year) but then he could bring in $100,000 to put nearly all into a sales force and give a real shot of hitting 1,000 stores.
Further, by putting so much money into sales/marketing, there is a chance this could really catch on, and at that point, you are talking buy out. $$$
Pretty much everyone likes the product, we just need the funding to give Dave a chance to take it at least to the whole west coast in earnest, if not national.
And again, as i have said for a year or so, the main factor in this having such a low market cap is the fact that Dave is not diluting his stock, the OS is remaining stagnant and thus is allowing him to build out the business plan and now as he rolls it out across the region at, hopefully a faster pace, the highs of 2013 may be easily broken in 2014.
Because Dave has not been diluting like 99.9% of penny CEOs.