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Good consolidation this week as predicted. Looking for a good move above the sma200 next week.
Etrade is like a very stingy banker who doesn't care about the customer as they preach and will do anything to cover all funds possible by doing the margin call. I still personally believe they won't take back the dividends , but they are clearly going to lose customers me included due to this hold, i fortunately have other accounts, but it's extremely inconvenient for people who may have been caught on this even as a very minor shareholder and now has all of their account and cash on hold due to this.
Agree, it really is unbelievable. I got a bit of stingy loss due to the halt, but knew this was a scam, got unlucky before I was able to get out prior to the halt. But it is just plain sad how so many here just can't accept this will likely just go lower from here until it's completely de listed.
hahaha, classic. It's always a 'different' circumstance. Hey look if you can profit from this great. But be quick you never know when the dump will happen.
Money is real. But how they got it and distributed is another story. Some 'companies' sole business is to sell shares. If you think there's an actual mine real executives looking out for the best for shareholders you should not be trading here.
lol scam city. I was in this couple years ago when they had this 'app' to watch 3d videos on your phone.
This is a fake company. With fake mines, fake information, and fake executives. Wake up. It's ok to come out with a loss here, it's how it works, you move on.
L2 on my end is frozen. Anyone else?
This is over, can't believe how people can't just suck in the loss and move on. This company is as real as my childhood closet monster.
The hold is still in effect. Was informed they will send an actual letter now explaining the situation in more details and the steps to take further on.
Prob true as well. But in the end it's the greys, anything can happen. There were trades at .002 in the mid of the day.
Already explained this. Some people seemed confused so i thought Etrade Pros L2 was one of the few showing them.
I know what it is , just confused by the 'real' statement. Seemed like some people using their L2's couldn't see it anyways.
What you mean by 'real'. Etrade Pro is showing me the actual trades as they go (time, number of shares, price) Only no bids and asks.
It hovered around .002 range for months, then huge sell off to .0012 and the move upwards began, slowly but surely. Then after a couple months it exploded from .005 to .04 in a few days. Again very different charts, but the low volume moves have reminded me of it.
Yes. I've been able to see the trades happening all day. During the day, it was very random, from trades at .002 to .0001 and then .0008 right after. But this afternoon has been more consistent with trades around .0007 / 0009.
Some people have privately messaged me about how I'm seeing the L2 for this but i don't have premium here. I'm on Etrade Pro and the L2 is working fine. No MM bids and asks obviously, but I can clearly see the trades, amount of shares and at what price.
The charts are different, but the way this moves on low volume is very reminiscent of MY*C. This can move to .01 easy on 100 mil volume.
.0007 / .0009 range showing consistent trades now on L2. Likely new bottom.
IGEX gives me vibes of MY*C back a year ago. Low float, low volume with some random good volume days. Moving sideways, And then boom it was off. Hopefully same happens here.
Buys coming in at .002
Guaranteed to at least touch .0008 this week.
Wow. Worse than I thought. This is over and anyone who thinks otherwise is in complete denial holding a bag. Best case scenario is for this to bounce to .0018 maybe this week so you can get out of it.
Called it. .0012/0013 came sooner than i thought. It may take a week or two for it to ever return to high .002s if never.
.0012 / .0013 coming.
As I've been saying since last week, this needed sometime to consolidate. .0025 / .0028 is a great add range here.
Huge drop today. It's not even bouncing that much. As I said, it's likely because .0012 is a good support, and as of now there's no support until then.
Likely to touch .0012 this week.
I did. Multiple times, check back on my messages. People are stubborn sometimes to look into the chart with clear eyes. It didnt' have the juice needed to break the sma200. It needs to retrace.
Oh would you look at that. As i've been saying all week. Load .0018.
oh would you look at that. Testing .0028 as i mentioned yesterday.
.0018 coming. If anything certainly a test of .002. Load there.
Once the sma200 is broken, there's no real resistances ahead, I see .005 as a possible one. With the float being so tight, this should have no problem to rocket to .0125 right away.
Until other brokers put a hold, I think dividend will be safe. Etrade was the last one to issue them and the first to put them on hold, they are just trying to be careful on this situation in case a worst case scenario happens they would want to cover as much as possible.
Etrade is calling account holders to inform of the situation. They are saying that they have no idea how long the hold may take, and indeed worst case scenario is that they will take back the dividend. They will send a warning before in case of liquidating existing positions. Best case scenario hold is lifted.
They could not do that lol. You don't owe them anything. These funds were legally approved. If anything they would incur the loss.
Exactly, look at it one more time. The last times it had two big up days it took a week or two for another move up. This is going to be testing .003, .0031 and maybe even .0028 today, tomorrow and maybe Monday before any bigger move up. Add there if you can.
Never guaranteed anything. It's called likelihood. I'm in this too, and if it does go past .004 today or tomorrow I will be happy. But again likelihood of it happening is not great.
Didn't actually say most of that but ok. Glad to hear your opinion.
Would disagree. Volume is needed here for the huge move up, but this is thin as it gets and this week it moved fast on no volume.