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In case anyone was wondering the market cap is only 2.67M. The cost of the shell alone is roughly 400K.
If Dave can get funding to launch nationally or at the least to hire some sales staff for the west coast, this stock could easily triple in market cap, if not 5-10x.
To triple the market cap the stock would only still be at .075 or so. And that may be what is occuring, someone is buying up everything below a certain market cap cause they like the app that Dave has (many of us always believed in its potential, just needed the funding to reach critical mass) and believe they can help him take it to the next level.
If u think about this logically, the .02s may be super cheap if someone really is going to help dave take this to the next level.
Wowsa that was a beauty of a close ---
Near 9 month highs of .022 may be breached tomorrow
And at a certain point i would think you would start seeing inflows of retailers jumping on the train and fewer of the float holders selling off as most who wanted out are out now and the ones left see that this might actually have staying power for .03,.04, .05 etc
.018s NHOD strong steady buy pressure --- we may just see .02s at this point today.
Steam is picking up, dare i say a year long wait for ticker change is coming....
LOL get lost --- Im just getting excited that this time is different than the last times...
wasnt the ticker/name change due to be finished from FINRA no later than july 16th? Is my memory correct in that?
Heck, if this sees 5-7M volume this is .03+
What we are also seeing is the stock is moving up on much less volume. You had a lot of, understandably, float holders selling out along .012,.013,.014,.015, who are now out of the stock and u start seeing the ask at 17 18 19 20 where its much much thinner.
The pattern will only get more pronounced above .02 and going from .02 to .025 may only take 500K or 1M shares.
This is getting eaten up and retail is missing out on this move. Im getting pumped
This really is starting to get exciting now --- Earlier there was a legit 1M share market buy order (took it up to .0175 while taking out all the asks from .0159+).
The chart is in textbook breakout mode now and who knows where it stops, could easily see .03+ on this leg
In case nobody has noticed yet, but somebody or some group is accumulating this and is not selling it off. We have had a few false starts recently where we have big volume at the open and then shorts and mailers dump it down lower than it started. This is much different, this is a slow steady accumulation all day long and the ask is getting thinner and thinner.
You had maybe a solid 10M yesterday and 3M today gobbled up by this group, whoever they are. But their is no promo out on this, or a mailer. I think we are at the beginning of the similar style 2013 run again. Massive quiet loading with nobody knowing where its coming from.
Further im sure a large % of the sellers are us retailers who have been holding on for a long time just happy to get out for a nice uptick. Once this base is cleared out of the old float holders, get ready for the real move IMO.
I wouldnt be surprised to see .02s this week as shares are running out as this goes higher
Yep its actually looking quite thin, just move NITE and his 159K block and were knocking on the 11 door
Either way, this is the start now, took long enough but finally
Oh wow what a freakin surprise. I will be soooo happy to not be talking about neohydro anymore.
Long time coming but now lets get this real show started on a real ticker
ahahah i hear ya xander. LOL on the pirate guy. But i do believe in the CEO to follow thru now with the name change. He does work slow, i guess cause hes doing all this by himself (hence why he isnt crushing the stock with dilution cause hes not running up the costs with extra people).
But i can understand you wanting to hold back on buying until the actual name change occurs, we have been thru alot here. Although it cannot be mistaken that the company is growing and dilution is not occuring, net positive. Now lets just grow 10x faster LOL
If i were you, i would try to buy back in now at .012
Just saying though...
I wouldnt be so fast to think that. I dont wanna blow anyones cover here (aka the ones who are loading the boat last few days) but VFIN was at .012 for days, and fell this morning on a 10K ask hit. And now is back on the ask and i bet ya he will fall just as quick. Dare i say someone is "mucking" up the ask to get retail to dump out?
ahha have a good day yall
Wowsa buying into the close taking out the .011 wall that stood for weeks. Highest close since April and the chart is breaking out of tight bollinger bands.
See ya at .015s next resistance
BTW not that any on IHUB is watching but the wall at .011 thats been there for weeks is falling as we speak. If the .011s get taken out, then we will be marching forward to .015 resistance
If Dave ever raised the money for a national rollout, look out. and not look out in a "pink sheet POS gonna run to a $1, look out."
This would be serious, u could then look into valuations because dave is not a diluting pig like most OTCs. NHYT is very clean and if they were to double, triple quadruple their businesses, the stock would be at .10
The momemtum behind the stock would fuel more capital raises and more funds devoted to more of a national rollout and then when u start breaking into 500 and 1000 stores, it will get real
Yeah am i thought i heard the WSJ mention as well, i dont believe i have seen it before
I will say this of Epoxy and Dave Gasperine CEO. There is a lot of beef shareholders have with not doing the name change fast enough or communicating regularly or even doing enough PRs and not 8Ks,,,,,
But with that said, this is a very real OTC company with a very real CEO that is actually working to grow this company daily not dilute his stock into the ground.
The OS hasnt increased in many many months, the stock may have come down to a very low valuation but its getting accumulated by believers in the company. this is a company, because Dave is not a typical POS penny land CEO to where if they ever did get money to market the app in a serious way ; the stock could be very valuable.
The problem is Dave is doing it all himself basically. he honestly should sell equity in the company, maybe 20% and raise 500K or 1M and then he can launch a nationwide marketing campaign, get a big sales force out on the ground and sign up businesses 10, 20 at a time. The app is legit, CEO is legit, it just needs to ramp up visibility with ad dollars and this could be very very real and worth many more multiples than what it is now
Epoxy App on live TV ---
http://www.fox5vegas.com/category/208642/news
The bottomline with the stock in this precarious situation is this. The confidence is not there in the market right now because of the note holder sellers of VNDM and VFIN.
The company itself is actually doing quite well (about as good as i have seen in my 10 years in trading OTCs) but the market side of it is not good. there is no confidence in the market. In all actuality there is not a huge amt of dilution everyday, its just not enough buyers to absorb it. VNDM moves up on like 500K shares, thats like 4K bucks. But nobody wants to buy it, VFIN dumps maybe 1M a day and then leaves. Yes its bad, but really not the sole reason we are stuck, just a lack of buyers.
We get some 25M volume days with conviction buyers and the stock goes easily up to .012+, maybe .015+ and if the "value investors" of ihub were to see this stock and be made aware of it, you could see the large position builders start loading this up down here and bring it more in line with how the underlying company is doing
Big block just went thru as VNDM keeps moving up. May have been a cover, but either way first signs to me of the end of this conversion leakage.
Buyers will be hesitant at first to start buying it up, but it sure is thin on the ask. could even see .008s today but i doubt it
Very impressive and steady buy side pressure today. Looks like the uptrend is resuming after a week or two of consolidation.
Break and hold of .045 and this is ready for the next leg to .075+ or so
Yesssss just dump it all out and be done with it. Need like a 15M volume day just to blow out VFIN and VNDM for once and then we can begin the march up to .03-.05 price levels IMO
Alright im finally getting in now, have been watching but looks like VFIN and VNDM just dumping the rest of their blocks out now.
Dump baby dumpppp lets see a 10-15M volume day and freakin be done with this garabage. stop only selling a bit every day and get it all over with today so we can move on
Starting to break out --- only 2 MMs below .041
Get over .04 and wont be much in the way to .05
See about going over .05s today ---
.037s getting bought up --- forget green close, lets go for .04+ close. Not much in the way on the ask now
Yes there is no doubt it was 1 sell order (probably market sell). There are no games going on, just an accident. Then you had some other holders afterwards that got scared and thus looking to get out .03-.033 but thats even drying up now.
I would not be surprised to see this close green.
Weeeee im finally in some on this pullback. Let me explain what just happened.
That was NOT stop loss orders. that was a 813,140 share market sell order. the stock went from .031 to .014 in 1 min and 7 seconds as the entire sell order just kept taking out bid after bid until finally there was enough of bids in at .014 to fill the rest of the buy order. thats why it happened so fast cause it was 1 big sell order.
Whoever it was, surely did not know what they were doing because they lost a lot of money, and most brokers will not even allow market sell orders on OTC stocks in the first place, i believe. Eitehr way, it was an accident by 1 trader (one they wish they could take back) but it allowed for some serious dip buys and now some great buys around the low .03s.
See if we can do a .012+ close ----
Yes the dust has settled, now we need the steady uptrend to resume after all that mailer action.
Getting some positive news on the developments would be a welcome bonus as well because the company is no doubt waking up finally and learning how to use the PR machine and not the 8K machine LOL
3MMs only sub .015 now --
FWIW only MMs below .018 are retail now --- just saying
The key is no dilution. There are no new shares coming onto the market per the Transfer Agent. I believe the OS has been the same for many many months.
That is key
Nothing has really changed here except the company has woken up and old float holders are selling out, along with shorts getting active cause of the mailers.
The bottom line is there is confirmed no dilution for many months, so this is the bottom in this area.
The company keeps growing, albeit a little slow, but it is growing and it is not diluting; all good signs for a a nice load zone anything sub .01 IMO
I got my sells in place above .10 for now --- if a PR comes out about finally changing the name and ticker then we will finally be in business.
CEO has waited long enough, lets see if thats why all this accumulation has been occurring cause its finally time
Mailers and or a push out on it without any news yet, almost like whoever was loading the last few weeks is getting the last of retail out now and inducing some shorts in there before it really takes off?
All that volume yesterday, should go for the all important .02 break today. after that it should be smoother sailing for the .03 push
Good luck all, nh if finally re awakening in a big way
The excitcemtn is finally coming back to this stock --- highest all time volume on record for the stock (although the dollar volume was higher when we were at .04-.06 last year.)
And the chart is pushing up the upper bolli band, textbook setup for the breakout.
Lets see it fly on the .02 break tomorrow ----
LOL alright alright --- lets see how this closes, would really like to see .018 or higher and .02 if that could possibly happen would be a dream close going into tomorrows action
I dont know if a ticker change is coming but something is definitely up. You had all that volume the last few weeks with very little news. just some people in the know buying up all the old float holders IMO.
when people in the know are building positions on the open market, its generally about the most bullish sign as u can get, which is why i started buying as well