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can someone post an L2....
Don't get me wrong... I completely agree, and that is why I think Pinks in many ways are now held hostage to the PRs... IT is only the PR that motivates these buyers to buy at the ask...
But as long as flippers can make 25%-33% flipping the B/A, it will be tough to change that mindset.
But.... If all the people selling a 4 got their position yesterday at 3 they will not sell unless they give up hope and try to reestablish thier position at 2.... I doubt that will happen... Eventually motivation to own will push the bid to 4 and then we are off and running.... Lets see who blinks first....
After such a heabvy day yesterday, I find it very intersting that in the first 20 Minutes we have had only 60K shares traded..... That is about 20 dollars.... Hmmm.... Had to be a MM, no investor would spend 5 bucks to make a 20 dollar trade.
I am travleing so I do not have all of my tools available... but can someone add the total volume of share traded at 03 during the last 4-5 days, and then subtract the number of shares traded at o4/05,
With the heavy volume that we have had, and certainly with the 250M we had yesterday, it would seem to me, that the 1.1B float has been exhausted. If that is the case, then most postions are at 03 or 04. They would not sell at a loss unless they were weak hands.
THis is kind of the whole point behind consolidation. Profit takers get their cash, and positions are reestablished at a higher level. Given that this is the christmas slow down it is a perfect time to do this which is why I have said all along it will churn between 3-5 until the new year. I added yesterday at 3, and will probably do so again today or tomorrow if the churning continues.
Looks like today will resemble yesterday... Low volume and low interest.... We'll just have to wait till the holidays are over and the new year arrives.... I guess it is a good time to take a trip to Ohio.... See ya'll next week.
once they start using them, then I will worry about the effect on the Market.... I do expect the Broader Markets to be down today... They are a bunch of nervous nellies over there... Not like us riding the Pinks... :)
I like to play MM games as well.... I have my fill of shares, and do not really have an intention to buy more.... So I have placed a 1M buy at .03 to strengthen the support level... It has been there for two days and has yet to fill.....
That tells me MMs have no desire to sell at 03.
With only about 11K in dollar volume we will need to wait until the big money decides to play before this will move. the solide 03 wall though is very comforting as a support level.
Buy at .04 while the getting is good.... could be tomorrow, the next day or early Jan, but just like a volcano once it blows, it will be too late after that.
Given all the lack of action on HCPC today it might as well be a whether board.
ZZZZZZZZZZZZZZZZZZZZZZ
looks like it is going to be a snoozer day.....
Good opportunity to go to the mall and spend gift cards and celebrate boxing day...
Low volume.... 2400 in dollar volume and 5.5M in total shares for the first 15min...
I am not looking for excitement today, but then again... as I have said all along.... I am not really looking for excitement until early Jan...
Can someone post an L2 to see how we are starting the day....
folks must be sleeping in this morning... Normailly I have to read 50 posts or so before Market opens.... Come on sleepy heads.... Let's see what happens to our new favorite stock today
Based on the radio interview of Miss G. Carol Johnson, She is talking about meeting one key milestone. The closing of these loans is their sole focus because I believe that will give them the revenue to allow several other dominoes to rapidly fall once that revenue stream starts to flow. I believe that HCPC has a strategic vision to make this stock run and run hard and fast. Here are the potential dominoes as I see them.....(All based on the Milestone of establishing revenue) If you listen carefully to the interview you will hear her mention all of these dominoes, but continue to stress the key milestone of establishing the revenue stream... A potential flood whose gates open on 22 January.
1. Close loans
2. Buy back stock
3. uplist on OTC exchange
4. dividends on earnings once stock equals fair value
I think all of these dominoes will have the intended effect of increasing PPS to at least .06 which is current share value of the stock in lieu of payment Miss Johnson received as a salary.
That essentially makes this a 100 bagger from the high a couple of days ago.... Possible???????????
ALL IMO....I think it is beyond possible and very probable which is why I am betting my shares on that happening in the next 3-6 months, and why I thnk Miss Carol was willing to bet her salary at a .06 share price. Time will tell, but we now know that the first Domino will drop on 22 January when the 6M deal closes. Will others be far behind???????
Merry Christmas to all......
My hour is up and I am off to begin my family duties and labors of love....
Like santa would say, Happy trading to all, and patience tonight.
This is why I wanted to temper expectations....I do not want folks to get pissed or ticked and then dump there shares because they think this is a loser. This is a hold until at least 22 Jan when they close the loan... Let this churn between 3-5 for the next week, and enjoy christmas, and then when the Master Card bill comes, this thing will start to take off
Are these sells or buys at 4. Volume has spiked... Looks like we could continue the string of consecutive 100M days if it holds. Can someone post an L2
Its Christmas eve, Nobody wants to put big money in a pink and watch it all morning when they can go to the mall and do last minute shopping, helping the wife prepare the christmas ham, or play with the visiting grandkids..... I begged for about an hour to play today, after that I am off doing Patriarch christmas duties.
Of course it is still a little early, but the first 15 minutes show what I beleived would happen... A nice uptick to 5 and if it holds which I doubt, though it may close there, this looks to churn on low volume today.... Good day to accumulate but we will need to hold off on the big run IMO...
As I posted earlier, I do not want too much excitement about what may happen in 2-3 weeks turn to disappointment if it does not happen today or by the end of this week. This is a slow trading time, I think we will continue to churn... Load up but be patient... Remember we shot up early last week on about 280M shares and 170K dollar volume on the rumor of an imminent news release, but when the PR finally came it was as good as advertised, and we traded another 250M shares but only about 90K dollar volume. Patience..... Do not expect the moon this week.... or you may be dissapointed.....
Think 2-3 weeks....
my point is I would rather be pleasantly surprised if you were right, than disappointed if I was right....
Remember, disappointment is expectations missed, satisfaction is expectations met, and joy is expectations surpassed.
I am setting my bar at 3-5 until 4 January.
I do not disagree with anything you wrote... the key is that as you said buying pressure will build into early January.... That will require patience because although the pressure may build, the PPS may be a little stagnant.... That is my point... good time to load between 3-5, but I am no longer expecting 7-8 until early to mid Jan. so I do not want folks to get upset if they buy at 5 then see a close at 4 on the day after christmas because they thought this would be at 001 by then... That is my only point...
I think we all need to be a little careful not to overhype. I think this is a good long play as well, but I was a little disapointed that the PR did not generate the price spike that I thought it would.... That does not sour me on long term, but much of playing the pink game is expectations, so I do not want to overhype and then generate disappointment. Monday is a half trading day, then christmas, then end of year... All are not normal trading days.... I expect this to churn in the 3-5 range, flippers could make some coin, but I am not expecting the big run until the new year.... I thought this would close at or around 08 on the news, it did not... Patience.... is the name ....so load up 3-5 if you can, but do not get upset if this churns for a little while....
I also said my track record is usually wrong... and that I was hoping that record continues.... It good to know that I was right at least about that....LOL
oh my god the price dropped back to 4.... see... that means it is a pump and dump......
Sorry.... with no bashers here I was starting to miss them....
I want to break to 7 wall and close at 8... I am looking for the three candle raise to shatter the .001 wall and then a little profit taking at years end to reconsolidate before the January takeoff
Frankly I hope the bashers were working for people who were shorting this stock... If they had at least 15k in shorts that would be a nice little squeeze for their nefarious activities.
I would assume, pehaps dangerously so, that sometime around 22 January, after they close the deal, they would do another press release announcing the buyback... ofcourse they may want to buyback first, then announce, but either way, retiring 100K of shares is sure to equal a couple of bags at these prices.
Where this runs fast and hard is that in mid January they begin to release other PRs indicating other deals and their close dates. 6M here and 10M there and pretty soon, it starts to add up to a solid revenue stream and great EPS
Well, one thing is for sure... I am no longer concerned about hitting 100M in volume... That should come easy as more and more people read the news.
odd lots and less than 5K in dollar volume... a little patience to see where the "smart Money" starts to flow.
volume spiked very briefly... Now they got to get the word out a little more... Sing it from the mountains....
I thought they received 5% on origination is that correct or was I dreaming that fact up??
I suspect all accross the market it wil be slow especially come the afternoon with many traders getting the early jump on Christmas. As long as we hold in the 3-5 range, we will continue the consolidation and build a base for a second run-up on positive news. Time is not an enemy yet, but I would like to keep the volume over 100M just to continue interest... That may be a little tough today.
I'm all for a pre christmas release, but he Eeor in me says it will not come until after the new year.... but with my track record I am often wrong... So here is hoping for a continuation of my record.
The Calendar works against them right now. They would like three good trading days following the release in order to get the three consecutive green candles. With Christmas on Tuesday, and a half day on Monday and a light day on next Wed, it is hard to get those three consecutive days....
None-the-less, to maintain interest they should release an indicator PR where they reiterate their strategy to buy back, and talk about potential loan closures, then they could follow that up early Jan with a hard PR announcing real news IMHO.
looks like and EOD dump.... Kinda strange if you ask me.
someone wants to keep this low... everytime it goes to 4 there is the 33 dollar trade to get it back to 3. Hmmmmmm I wonder why...
gotta love those 33 dollar trades
sure would like to see them break even, Heck, I am all for them to get a little greedy and sell some of those share at .1