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.
Don't be so transparent in my book.
So, in March 2014, there were exactly 332,519,930 O/S. I guess the number posted for
April will be around 340 million, give or take a few.
Want to guess, or just stay vague?
How much dilution do you want to say has actually gone on here? New month today, updated share structure may be posted by end of the week. Last month, the O/S increased by 42 million give or take a few.
My guess is a slow down to around 340 million O/S. Just a guess. What's your's?
I would say that today, and yesterday for matter, were both low volume days. How did these low volume days work out at picking up cheap shares?
These past two days are proof that low volume day does not = lower pps. Just means that folks do not want to sell at these low prices, and are holding for something more.
Phot was hanging in mid .40's a little while back. Now looks to be hanging in the upper .50's -.60 range currently.
Just a guess, but the next hang level will be in the low to mid .70's, maybe with a dip into the upper .60's. That will be another good time to increase one's shares.
One can only hope that there were many short folks selling 100k, 200k and so on, shares at .5999, knowing that this would drop down to .58 so they could cover.
As far as I'm concerned the more that did that, the merrier.
Are you saying there is folks that would short at 60 cents to cover at 58 cents? Really? There's folks that would actually make that type of trade for that amount of pennies?
Can anyone tell us the last Monday here that was green. I think March went out with its red Mondays in tact.
When a pattern becomes so predictable, that is usually when it changes.
I'm surprise red Mondays have held true for as long as they have.
Last year the 10k was filed on April 26th. You have about a month to make hay with your remark. Make the best of it.
http://www.otcmarkets.com/stock/EWSI/filings
"If at first you don't succeed, try, try again," looks to be the general mantra by SA.
My only question, what's the fear?
ewsi is the biggest pile of crapola I have ever owned.
This is why I generally look at what PHOT did after the close, like I did yesterday, and today. Yesterday, I saw it dropped, today I saw it rise. Tomorrow, who knows, but I will still have all my shares.
I guess that is what is called picking a stock you think is strong in a new industry and just seeing where it takes me. Some folks call that investing.
I guess I'm invested in Growlife.
You know, I bought 1k shares of Apple back in the late 90's for $33. Held for five years, and sold in the low $80's. I thought I was a savvy investor. Maybe I should of stayed invested.
Seeing where PHOT closed for the day is good enough for this investor. It is probably best that those that can be influenced to sell based to intraday movements, or even day to day movements should probably sell.
I wouldn't mind grabbing what you look to be grabbing. Are you in the zone there?
I couldn't get back in if I wanted to. My broker restricts me from buying stocks under a penny. That's actually something that I have found to be "looking out for my best interest."
What happened here? I got out at .013, and thought I may be making a mistake. I thought everyone was waiting on the first lease. Now the second?
What has Boyd done to this company?
I think I will take your advice, the buy low,sell high thingy.
When this gets to around $1, I probably will unload a few.
I bet there is a respect for the share structure, every bit as much as there is respect for growing their business.
The SS grew by around 15% from Feb. to March. The question is, were those shares put to good use by the company? Some here will try and convince you that they weren't. Others will try and convince you that they were.
I'm in the camp that believes those extra shares were put to good use to grow revenue, expand, ect. If that is the case, those extra shares do not bother me, because the alternative would be to not have those extra shares in the O/S, but also not have the extra business/revenue.
If they grew their business by at least 15%, then those extra 15% number of shares were put to good use. And, it is not like the O/S is 1.5 billion.
You too, my friend. But we have never met.
I hope you get a deluged of water this year and California starts to crawl back from the drought you guys are experiencing. We are experiencing our own drought, but between California and Texas, I hope your state gets the must needed moisture.
Let EWSI unveil their 10k. They will be specific with that filing.
Can you be patient and allow the company to post their 10k? It should come by mid April.
No need to try to lower the pps because the 10k isn't coming in the next week or two. Unless, of course, there is a need.
Let's see what those new shares snagged before we have an conniption fit about them.
anyone with me?
A 10k will be filed within the time frame allowed, so there is telling when we may see it.
Maybe not for you, but there is.
Never underestimate those that want to sell for whatever profit.
Hoping as this continues north, there are fewer flippers and more investors. I mean, this just might get out of flippers comfortable pps range going forward. Now wouldn't that be a scenario to shed tear over?
We've had a few days a dips, from .777 to .55. Are you expecting/hoping for more? Might be going back up now.
Maybe because a market liking of a pr is only substantiated with a 333% in pps, not a 30%.
You would have to identify the pump first so we can determine whether they sold into it.
If anything, the company's been a little quiet lately.
Looks like the only penny stock in the tournament. I guess that makes Apple the top seed.
Keep standing.
The current O/S is 332,519,930 as of 3/05/2014. (per their website)
The current pps is .0283
Multiply those two correct numbers together and you get $9.41 million for a market cap as of 3/18/2014.
Clearly you are confused about numbers.
332 x .03 = 9.96
Kinda like 3-1/3 x 3 = 10
Maybe the brokerage company you trade your stocks with has not updated their market capacity numbers in their browser, maybe there are restricted shares included in this number, maybe math is different in your universe.
Well duh it fluctuates. That's why I posted when the pps gets back to 3 cents today, the market cap will be right at $10 million.
The only way it would not fluctuate is if it were to close at the same pps as yesterday and no more shares were added to the O/S.
Isn't that pretty elementary stuff?
It is pretty well documented that the the O/S as of 3/05/2014 is 332 million. Even one of your buds will attest to that. The pps will probably be back to 3 cents tomorrow.
What does 332 million shares @ 3 cents per share equal. $6.9 million?
332 million shares at 3 cents = exactly what for a market cap?
Wonder what the company did in 2013, while the O/S was increasing? Were they increasing their revenue?
You are right. I remember you saying that. Except the O/S, that is at 332 million now was not the 106 million in January that you gave as a fact. The 106 million was the float.
EWSI has not more than tripled their O/S since the beginning of this year. The increase in February was 44 million, from 288 to 332. The O/S did not go from 106 to 288 million in January.
I post FACTS........
the company has NO CASH>>>>>>
their BOOKS ARE COOKED....the last two auditors resigned over accounting issues.........BAD BAD BAD NEWS
They are diluting.......BIG TIME...BECAUSE THEY HAVE NO CASH
All their pr's are to create an illusion that they have something real.........THEY DON'T.......
The stock is in a serious downtrend and will continue.......tooooo much supply for sooooo little demand....
In honor of that missing 777 airplane.
I'd say it is pretty evenly split here between pumping and bashing. No one group has a majority of posts, IMO.
Wouldn't the flipside also be true by putting up a large ask that can disappear in an instant? Pure manipulation towards the other direction.
This is pretty elementary stuff, isn't it?
The market cap for PHOT is also higher than VAPE.
$3 billion market cap is insane. That would put the current pps at around $4, based on O/S.
That's only because it got so low. EWSI is back at its .03 level it's been at for a good while.