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MULN is looking very oversold. But shorts are having a field day. Unless MULN has substantial news, does not look good,
Oversold. Cheap. Bought.
Thanks. That explains why I couldn't get through.
Anyone in the zoom shareholder meeting today?
47M Wall at .0018
Why anyone would sell at this price with upcoming catalysts and new management committed in growing the business and with outline of plan executions, now is the time to load IMO.
I'm attaching the link to register and join today's Zoom Investor Meeting whoever wants to join.
Registration link: https://us02web.zoom.us/meeting/register/tZAsfumupjwpHtCklUZVDh2VbGtmTuCWMx2m
Bought some today
Based on the Zoom meeting I attended, I liked the messaging, management team, their commitment to transparency and the fact they are serious in growing the company. They did say they may need to sell up to few hundred million shares but they said funds will be used for company growth as well acquisitions.
That support will be taken down tomorrow
I agree with you
Number one problem with OTC stocks is the share structure and continuous issuance of shares diluting existing share holders.
It is number one reason in my view that these stocks are not being invested in long term by big money. Most of the time, OTC companies and management issue shares as compensation to benefit themselves and get rich at the expense of existing share holders. Once the shares have been diluted to AS, they have to either increase the AS and continue the dilution or do a RS which crashes the stock price and causes continuation of downward trend.
If you attended the zoom meeting you would know.
They don't plan on issuing toxic notes for funds but rather issue shares potentially several hundred million shares to generate funds for use in growing the company.
Sorry but what did they lie about?
Looks like this is headed to .0001
What is going on with this stock???
I liked the zoom meeting and information presented
Biggest issue with this company is going to be dilution
They said don't be surprised if they dilute few hundred million shares to help finance their growth initiatives. Other than that, company seems to be real, legit and management that seems to be committed to generating revenue and growing the company.
On track to four cents IMHO
Just take a look at OWUV when it ran to 60 cents from 2 cents based on metaverse news and share buyback.
TONR has stronger news/plan/initiatives compared to OWUV.
Nothing was wrong with the news
It was sell on the news and profit taking
Have not been on this board long but like many others on this board, wish you safe and fast return
You'll be covering soon Shorty!!
Thanks JJ. Congrats to others who added on the dip last couple of days.
The fact we had afternoon reversal is bullish.
The fact we closed near the high of the day is bullish.
I'm expecting a solid green day on Monday.
Have a good weekend everyone.
It doesn't take a rocket scientist to figure out when a stock drops by >60% in three days, you buy on the dip to position yourself for reversal
Same sentiments
Why anyone would sell at a loss at this price is beyond me
Here comes afternoon reversal
People who are selling now may have regrets come Monday JMHO
There are a lot on this board who are either short or here to create panic
Cool heads will prevail
Shorts hard at work
There are different remedies but none that will result in fruition
Anything in 4s is a Bargain IMO
Bought Another 1.8M shares on the dip
This is in addition to my 2M shares I bought yesterday
Be greedy when everyone is fearful
Great. I think we will see reversal either today or Monday.
Anyway I'm a buyer here.
As a day trader, looks like you are out.
This stock is clearly oversold with news already baked into the price.
I'm adding more today.
Bought yesterday, buying more today
Oversold
RSI @ 32 Historically, JPEX bounced off this area
If this dips, I'm buying more
This is oversold
6 Month Chart is a thing of beauty
https://www.barchart.com/stocks/quotes/TONR/overview
OWUV bought back 5M shares which caused the run up to 60 cents from 2 cents in December. TONR stock will do the same. It was combination of metaverse news and share buyback.
True. TONR has many more shares and will not run to 60 cents. But if you take into account looking at market cap and percentage increase proportionally, 3 to 4 cents is not out of reach. IMO, TONR outlook/plan/initiatives are stronger than OWUV when it ran to 60 cents.
TONR may run like OWUV did when OWUV announced their Metaverse initiatives.
IMO TONR CEO's announcement has much more meat/muscle than OWUV's news. But yet OWUV still ran from 2 cents to 60 cents from November to end of December last year. If you use same correlation and percentage increase as OWUV, TONR can run up to 3 and a half cents. We may be looking at the early stage of the run. JMHO.
No, not retail
Retail does not cause a spike with the amount of buying pressure all at once at 1pm. Big money is starting to pour in IMO.
Volume picking up
I'm not sure but try contacting JP Morgan and Goldman Sachs
https://www.inquirer.com/business/russia-wall-street-buys-bonds-goldman-20220307.html