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Not so sure. Today represents by far the most 2s sold in at least 6 months. The Nothing is getting strong however and we all know what it did to Fantasia...
Looks like we have a long selling out a 2 today. Most sells at 2 since last year. Every time there has been selling at 2 in the past it has led to a bounce back up to 5 or 6. Will the same thing happen again??
It seems that it just ended. Did you or anyone else on here have the chance to talk with him on this session?
Would be interesting to find out what's going on.
You still in on CRTC?
Support has seemingly dwindled...
Still has same potential however.
Kind of odd that things have gone so quiet here.
That has never happened, even when things look bleak there has been a strong base of supporters. Likely they are still around and just waiting on some follow up from the following:
“Our next big evolution is the creation of unique patented, fashionable and functional clothing items that nobody makes but us. That, coupled with our strong message and celebrity following is what makes this company great!”
"Aside from the public exposure, Critic Clothing has been working very hard behind the scenes to line up distribution in retail both online and in brick and mortar stores. The company plans to announce several deals in the early part of 2016 to carry special edition items in well knows retail chains, which could make Critic a household name over night."
"I can tell everyone with confidence that they have only seen the tip of the iceberg in terms of what we are, and I think everyone is in for some big surprises very soon as we uncover our full strategy, partners, and deals.”
Hard to believe that if/when these are followed up on, we won't see huge interest here again....
Maybe. It seems many have dropped off the bid without having their orders filled. The 30 to 40 million bids that were common at 3 the last few weeks have dried up on less than 10M in sells.
Or something along the lines of an impenetrable suit of iron which allows the user to fly?
I bet that's what he's working on...
Very interesting. Guessing this idea has been attempted before but if not you may want to patent it yourself...
Looks like we have complete board silence. No messages for 5 days has got to be a record. Would be real nice to get something new to talk about. ie. what the hell could Alec be working on that requires a patent??
Ideas?
Never really know as it often looks to be thinning out. Just have to think that someday soon this massive accumulation between 3s and 6s will lead to a big move...
Not sure how we disagree actually.
I also have no concern for the BB pump crew leaving or the sellers for a loss, that goes with the territory and will come and go with little influence on the ultimate direction of the company.
The PR from January says the following are forthcoming "several patents to be filed, Additions to the board of directors, local celebrity events, and even the creation of a non-profit organization to give back to the community." I'm thinking the football camp is part of the non-profit commitment but besides that there have been no updates on any of these. Wasn't sure it would happen quickly either and still expect follow ups to these and the brick and mortar outlets, increased production, etc.
The annual report did come out today and numbers weren't great but better than last year and there have been no new shares added since September. What is your take on the annual report?
The noise here will come back when things start to develop, just trying to take a pulse here.
Very good guess. He also mentioned he was friends with Carole and Nick Palumbo at one point. That is in line with him being Maggi's henchman.
Good to see. Was looking like all red day until that. Ask is now only 600k and bid still pretty strong.
Financials on time and no new shares issued. Growth from last year, now time to bring on the developments all the marketing has been pushing for...
Bull market coming back???
Well they released the annual report on time it seems. Not a wonderful report but no new shares issued since the 100M back in September to Peachtree, which were sold obviously during the last volume kick.
Looks like some sell off today on impatience/weakness of profit on report for year. Any kind of update on how sales and/or progress is going on speculated PRs would be great right about now. There has yet to be a PR of substance this year.
We have seemingly lost the BB stocks crew that was pumping this for awhile and many longs have gone quiet. I've been out of the country for some time and haven't been able to check in much but this is a disappointing state of affairs currently.
NEED some new life here....
The correct usage of than vs. then is rather difficult to learn but hang in there, it will come.
Very unlikely today. Hype has died down. Once again, Peachtree crushed all momentum and buzz by selling huge into very strong volume.
We now need a major update on one or more of the events going down, along with the ON TIME financials this week.
With this strong/huge base here, still think it moves to .002 once we get these updates.
Financials should be interesting to see what kind of progress has been made with margins and debt elimination and to see if any more shares have been issued to Peachtree...
I am thinking annual report will come out next week around the 7th or 8th as that fits with past releases. Wouldn't be surprised to see an update a day or 2 before that as that has also been his custom the last 2 times.
Nice. Every time it dips to 4 it looks like they will be bought immediately at this point. No one buying 5s last couple days but that will chance.
Well. Here's your chance. 4s back up on ask.
You hit on the absolute key here. Getting to the point where less needs to be spent on erasing old debt, marketing the brand, and other such costs and there is enough revenue to run the business without taking on any more convertible debt. At that point we will see what it really means to be "thin" and sales along with PPS could blow up at anytime.
The last 3 were on Mondays (first 3 Mondays of the year). Before that many of them were on Wednesday.
I'm not sure, but the annual financial report has got to be due next week or the week after. I bet he puts out a PR the same week that comes out.
The key is that it's something substantial and not another speculative PR. Betting it will be. Hopefully, it is not met with VNDM or BKRT showing back up to sell into the volume...
Dude. What are you doing with dead cats??
I believe you are correct. It really seems CRTC has picked up some real longs that see the potential here this time. If so, it will make a big run once things fall into place, which should be in the next couple weeks.
I expect the next PR to coincide with the annual report as Alec did this when the last report came out also...
Well now 5s back on ask but bid support not back yet.
Where did it go??
This is the CRTC pattern that has been going on for a year now. Whenever there is strong volume for a couple days it is met with Peachtree selling and little movement. Then after a couple days of strong support, the new 'investors' jump ship and collapse the bid.
This pattern needs to get broken if this is to move forward...
What the hell happened to the 30M bid that was just there a second ago???
Hope so. Every time 5s get hit more show up on the ask. Once they are broken again, needs the bid to move up to prevent more undercutting...
We did have one regular say he had spoken to Alec on the phone about a bunch of stuff a while back and Alec wrote a Tweet calling him out as a liar.
I have no problem with some hype and people pointing out the good things to come but claims of hearing about billion share reductions aren't what we need unless there is some actual proof.
That didn't last long. 4M back on ask at 5s. Currently this in NOT thin, too many flippers. A break of 7 would reduce that and set some real motion in progress. This hasn't broken 7 since mid April of last year.
Well it's obvious some of the new 'longs' are pump and flip peeps. Some of the classic mantra being spouted here now and even some straight fabrications like hearing about 1 billion share reduction. It is to be expected when volume and interest picks up but it will bring in some solid new longs and doesn't change anything if/when CRTC follows through on their stated goals for the near future.
Will definitely be some flippers at every tick with this large volume. The hope is that some of our new investors have accumulated for a long position based on things to come and we have a much stronger base now. Then it will actually get thinner on the way up.
Where exactly is this 'word' coming from?
Yep. This hasn't seen 100M volume on back to back days since early April of '14 (when I first got in) and it started a run from around 3s to .0019. That was when this really had not much going for it except speculation, no accumulation, and no brand awareness whatsoever.... If this could go in the same direction soon, it will stay there as a base instead of dropping back down.
Yep. Was thinking ask would start to just fall off after a bit and it did. Now getting some buys at 5, done to 3.5M. Break 5s and get into the 6s today would be big.
Nice. Crazy how quickly people bought 150M+ shares from him. Looks like we got about 15% of those people flipping for a one tick 'profit' and will probably see that at 6s also. Interested to see if interest stays long enough to bust the 6s and get out of this zone finally.
Still showing 4M at 4. 10.5M ask slapping only reduced ask by about 3M.
Ask I type this, 4m taken out now showing 23.5M at 5s. Seems kind of high considering all the volume at 4 and 5 the last 2 days... May be a bunch of new peeps here are one tick flippers?
It will be irrelevant once that happens as he will no longer need to accrue convertible debt to get capital. The old debt from the previous shell has been reduced quite a bit also. We won't know where it's at for sure until the next financials come out.
What update are you talking about?
They may be. Got to get rid of giant whale on the ask. Got it down to 3M then he absorbed the 10M hit without changing lot size shown and actually raised the ask to 14M.