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How much on the ask at .0002?
How many .0003s for sale now?
Possibly a gap to .0004 tomorrow
How much left on the ask? Will this see .0004 today?
Should break 1 billion volume today and maybe hit .0004. Tomorrow will be interesting for sure.
GLTA
What is bid and ask now?
It seems .028 is resistance right now. I am expecting a test of support around .01 before a move higher.
Good luck everyone
Thanks
Well cheap shares available now it seems. If this closes above .024 it could still run.
Can someone post L2?
Super volatile...just had my .0126 bid filled wow...
Broker won't let me buy online, don't want to pay the $40 phone fee. Odd, good luck to you guys holding
Level 2 anyone?
$APRE!! .024!! This is thin and moving fast!
Big buys coming in here at .02
$APRE big hits at .02 coming in! This could fly today!
APRE activity surge! Making a nice run, news expected soon..
Can anyone post L2?
Something is up...
Not sure why my car is worth more than than a company with $600 000 in cash but ok...
At that point the float will cost $4500
You missed the 3 million in long term AR.
Lol the entire float is only $13000 there. All confidence seems to be gone here
I don't deny they have not acted in the best interest of the common share holder. But the millions in account receivable, their inventory and cash did not evaporate when the PPS dropped. The company still has significant cash to continue operations. The PPS means shit to the daily operation of the company. I want to know from their financial records why the company will not make it another year of operations. Cause all I hear from you is screaming bloody murder.
What other penny stocks have more cash in their bank account than their market cap Is worth? Successful bear raid however
The company it's self is still in operation... Still has people employed doing work. Share price does not mean the company is out of business.
They have stated in their 10-q they want $5 million for an expansion. But if they wanted that much from dilution they will need to keep the PPS higher.
Maybe a bunch of insiders are buying the cheap shares right now in anticipation of future news. Who knows but something is stinky and the company needs to give some direction.
Funny thing is the company is doing well currently for revenues compared to past years. Everyone is running for the hills because of the R/S, but they still have significant contracts to be completed soon. Well see how this goes.
Well this bear raid has been interesting but a bounce must be coming. The current market cap is $180 000.
The company has $600 000 in cash right now... I guess people are expecting huge dilution but this market cap is pretty crazy right now...
Volume? Wtf!?
What's going on!?
Unless they have some great news. They stated in their filing that want $5 million for an expansion. If they released news and diluted responsibly it could maintain a good PPS. I don't see why they would just start dumping without saying anything though...
200 million sell...
Front loading or dumping?
Well that does seem like they are getting Rdy to start the dilution machine. At least they will start giving some news if they dilute however.
Who is selling down here? Insane valuation below .10
Just to put into perspective...
The company I work for is valued around $40 million and will have around $1million in revenues this year at an operational loss.
Ssol will do $5 million in revs and is valued at
$1 million now?
Please explain...it is an utterly insane evaluation. The company I work for is obviously over valued and ssol is way under valued.
Can someone please explain why they think ssol is worth under $1 million?
Why is the company going to dilute? Can you show me any evidence they have planned to raise the A/S? Can you show me in the financials why they need to dilute now after over a year of non-dilutive operations?
Most company which R/S and the dilute to hell are:
A - complete scams with no revenues and the entire company is a paper selling scheme to enrich insiders. These companies usually have insider pumps and go through a short run and then fall into the trips and the promotion ends and traders are left with paper.
B- company is in bad financial straights from actual operations and needs significant cash from fundraising to avoid bankruptcy.
Ssol fell into the B category for the last R/S, but this one I don't see the same financial problems.
You claimed that year trades must be insider trades. Have any proof for your statement?
Market makers create shares to keep the market going. You think the company diluted 4000 shares today?
The next action by management will give insight into this R/S. If they announce good news we will see a good run IMO. I see two scenarios playing out here.
1- The next piece of good news sends this flying on the new tiny O/S. that could be a PR, Q2 numbers or court decision. With the R/S in effect this run would take SSOL into the 25c-$ range. At this PPS the company will appeal to investors who actually read financials and not penny stock momo traders as usually come here during runs.
I could see SSOL posting 7-10 million in revs. Which will be near $2 revenue per share. Last year would be $1/share.
Currently the PPS should be .12 after the R/S.
So we are trading at around 0.1 sales to price ratio.
2-They expand the A/S and start another round of dilution.
However, with the current financials and court case pending the need for dilution is not clear. The company will reveal its path soon.