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in my opinion buyers this morning are trying to buy with lowered limit orders. When buyers hit the ask is most productive.
here is the link
https://stocktwits.com/symbol/FCGD
according to several people on another board some brokerages are not allowing buy share orders of FCGD .
Good idea. Please post his response.
In my opinion it makes no difference what the lowest low was or how many shares you owned at the time of the reverse split. What I think matters is that many many long term shareholders who had the Reverse Split applied to their shares are still most likely very deep in the red.
In my opinion what brought nsct out of the dumps was a reverse split of 100:1. It sure wasn't sales and revenue. I sure hope history does not repeat itself.
In my opinion the medical software was even a bigger fiasco for the shareholders.
I would love to see CLOK rally alot so I can get my money back. I have not purchased any shares for a very long time. I stand by my opinion which is we need substantial sales and revenue. Dreaming and hoping for years is not going produce sustainable long term results. Volume so far is light but the Bids are constructive this morning.
IMO what we have here is many shares being sold and buyers who are willing to place bids at lower and lower prices. That is a recipe for disaster. Substantial Revenue is needed SOON to avoid a complete collapse of the stock price.
Any thoughts on where the Selling is coming from?
I agree.
when the revenues are consistent a company stock buy back is the only thing that will not destroy investor confidence. In my opinion the market cap is not excessive at these price levels.
My guess is the MM's offsetting their short sells for the day.
Large investors will have little or nothing to do with a stock where a potential reverse split is being contantly discussed. Reverse splits almost always can be bought at a lower price than the split price. IMO this stock will go nowhere with that kind of discussion. People who wish the stock to go out of existence are happy to have that discussion.
once again you do not know what you are talking about. Tell us about your investing credentials.
They are trying to scare people into selling their stock. I believe they have a awful lot of time invested but not much results. I think alot of investors see through their agenda.
Yes, IMO in the long term. Short(6 MONTHS OR LESS) term NO.
The CEO stated that there has been a bond conversion completed so we know that some dilution happened. Posters constantly claiming massive dilution have absolutely NO proof to back their statements. There can be other reasons for high volume. Do your own DD is good advice. Don’t take advice from people who may(and probably do) know less than you do.
I agree. Scam crap is exactly what it is.
IMO what is needed is confirmed revenue. I have personally held a OTC stock for several years for the six figure profit it produced, when I sold that stock. IMO trading OTC stocks is not for those cannot deal with the high risk involved.
IMO what is needed is confirmed revenue. I have personally held a OTC stock for several years for the six figure profit it produced, when I sold that stock. IMO trading OTC stocks is not for those cannot deal with the high risk involved.
I agree.
Absolutely trades can happen without a bid showing. High speed trading terminals have changed trading a lot. IMO the above mentioned changes do not favor the small investor. There are books published on the subject.
You need to reread my posts. I have stated many times IMO this stock is a buy and hold. I have never said at any minute it will soar. If You really want the stock to go up "act like it".
Follow Your own advice. Sell and quit whining.
My guess is that we have some Circular trading happening today.
I disagree. What is needed is revenue from the coal leases not a act of God. IMO at these prices the OS is not a problem.
I am not a bit concerned about the number of shares for sale at .0002. IMO once the revenue is proven those shares will disappear quickly.
IMO the flippers are stuck for a while.
Yes, IMO until the revenue is proven it may not move much. IMO those Investors who have the patience to wait may be handsomely rewarded.
IMO Investors need to wait and sit tight for audited financial statement showing substantial coal revenue.
Give it up.
IMO the conversions and the heavy shorting have depleted the buying power needed to move this stock. Increasing revenues which take time is tne catalyst needed for a rally of any appreciable sort. Buy and Hold. Flippers are probably stuck.
IMO to say that all shorting is offset in minutes or even the end of the day is pure hogwash. It can be different for each MM. Yes most are never considered naked shorts because it takes three days for that to happen and by that time MOST have been offset. Once the shorting takes place the damage is done. A lot of OTC stocks have a very limited number of potential buyers. In my opinion NO one should be allowed to short OTC stocks.
Carpet Baggers active today.
Having had a seat on two pension funds for over 25 years I can state that when the decision is reached to make a purchase that happens immediately. Yes the pension funds would like to have the low price but taking a position is more important than getting the low price and risking not getting filled. If a buyer wishes to be a flipper and offset his position for a few ticks profit then that initial position price is much more important. IMO. I personally have not seen any flippers successful long term. I have seen long term investors that have been very successful. IMO be a investor not a flipper.
On increasing revenues a 50% retracement(.21) of the August 2014 high(.42) is very possible IMO. Increasing revenues will be the catalyst IMO.
The LG Conversion clears up for me why the heavy short sells happened this week.
The Carpet Baggers are busy today.
IMO it should be made illegal for ANYONE to short OTC Stocks.