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Here's your dip folks. Ask is now below today's VWAP.
Just some profit taking here. Can't expect to hold .02 the first spike. IMO it'll pass it again later.
This might be the tiny gap fill for this morning's open.
Just watching the VWAP. Getting higher and higher every day with this huge volume.
Right now VWAP is just under .015. This is just gonna keep going all week.
For those looking to get in...that small gap at open from yesterday's close will likely be filled before 10am.
My IMO as that's what it did yesterday...and other days I believe.
Odd that this board is so quiet. Hopefully that means it's still under the radar.
Just a quiet accumulation here.
RM company not even announced yet.
Could be today, could be three months form now, but no matter when, this will be MUCH higher IMO.
The volume here tells the story. Over 350 million shares with a VWAP of .99532!
Yes, average share price of today's volume was barely under .01 and closed at .0064 yesterday. So most shares today purchased OVER .01.
Also, the OPENING GAP UP at .0075 (from yesterday's .0064 close) was filled before 10am.
No Gap fill or re-trace tomorrow.
IMO of course. OTC does whatever it wants, but the odds are on UP!
With the accumulation today this is set nicely for tomorrow an the entire week. The dips are just profit taking. Traders gonna trade.
I must admit that this has surpassed my expectation and hopes so far. Seems to have incredible consolidation and support.
I think that's the intention of those selling below .01
Notice though, three recent transactions for just under .01 are for 1 million or more shares. that's $10,000+ for a single transaction. Those guys aren't buying there to lose their money.
Like clockwork, lunch hour starts with small downtick. After lunch it will uptick again and power hour should be ridiculous.
Can't wait to see the numbers during power hour!
.01 breakthrough!!!! Now we're talkin!
No sweat. Good Luck Buddy!
Mexican standoff at .01?
Well....looks like all bets are off here. This is a giant.
Traders gonna trade.
Looks VERY stable for a sub penny on a run. Not gonna be big green every day, but small green and even small red are signs of strength here. IMO.
Wall$treet posted a buncha links the past coupla days. It's the Suneel Sawant who is the founder of Software International Inc.
I followed his links, looked on LinkeIn and that was satisfied.
Well, that opening gap was just filled. Had to happen. Better early than later.
Looks like strong consolidation to me.
Ok. It looked like your intention was questionable. It was a request from the company NOT a demand by "authorities."
Good luck buddy.
Yes! NOT by Canadian "Authorities."
I hafta to disagree. I have found that MOST people have good intentions. Over time, you get to know some voices on the board that are more trustworthy than others. Some of us try to share good info and in return others do as well. Yes, there is a lot of room for scammers, pumpers, etc. but I choose to not live in that. I try to be discerning and also use the "ignore" button every now and then.
He can be contacted through linkedin. Not that hard to find.
I've also seen 3 posts in response to yours that had incorrect companies associated with Mr. Sawant. I don't know if that was done purposefully or not.
I also think it useless to contact him because if you are looking for forthcoming info, he couldn't legally tell you anything.
This is all speculation at the moment and all will be revealed eventually.
It's not stuck. It was a very risky choice and those of us who took it, to whichever degree, knew it.
I'll just give you an ignore. good luck.
That's a pretty good comparison as far as share structure goes, but the industry is way different.
Yes, It could run much higher. Maybe I'll join this week.
This is a real company. Did some DD on it a few weeks ago. I like the products too. Essentially it's a grease cleaner for pipes, grease traps etc. I will buy it for the grease trap when my restaurant re-opens next month.
I didn't jump in and I guess I should have. My reticence then and now is the share structure, so I'm still on the sidelines.
Good luck to all. I may be joining you this week.
That is a cruel post and totally unnecessary.
You're likely correct, but not assuredly. Time will tell.
Even though you admit in your post that you are being cruel, you continue to leave it up. Very telling of your character.
Ok....serious question. As per OTC markets, 2/05/21 the market cap is $226,038. If we divide that by the pps at EOD, .0008, that gives
us 282,547,500
Does this mean the float is 282,547,500?
If so, we are working with and excellent share structure for a ticker in the trips.
Can someone more knowledgeable chime in?
This one is simple. It's NOT a PnD. It is a RM play that showed progress with re-instatement last week.
-IMO it WILL go much higher. The only question is where will it settle while we wait for news of the company that will merge into it.
-From what I've seen recently, these go high on momentum, then trickle down and settle for a while, lower than the momo high, but when the RM company is announced they take off much higher than before.
-With the CEO, Suneel Sawant, having very strong credentials, the MOMO high isn't close yet, but it will end at some point. THEN when the announcement is made, it'll take off again, much higher than the momo high.
Serious, serious money to be made if you have a few weeks or a few months patience.
Again, all IMO. Just musings on whatI've seen recently.
No "squeeze. We see the same terms over and over again.
The trading today was impressively healthy.
.01 is always a tough break. Some brokers don't deal in sub-penny, so if it does break, many more eye on it and it could take off again.
This is just a waiting game. IMO will be sooner than later, especially for those of us who've been here for a while.
Looks like website updates could be coming soon. That alone is enough to keep me holding.
It's just traders trading. I'm actually very impressed with how stable it is after a 300% rise.
I'm more confident now than ever that this has strong legs.
Been here for 6 months so the DD on it tells me it's not a scam or PnD. It's a speculation play on a RM that is in motion. Big forward motion this week.
Agreed. Lots of buying yesterday and this morning in the .004-.006 range. This is healthy trading.
This has to settle somewhere and then wait for info of which co. will be merging in. Just looking for where it's gonna settle. .01? .03? .05?
All true and possible.
Good explanation of how to be an investor in the OTC.
From my understanding:
-SNVP is a shell, given custodianship to Suneel Sawat through the courts a few months ago
-Just re-instated two days ago....so yes, its related.
-I would look at the DD, but it seems to me that Mr. Sawat deals with fortune 1000 companies, has his hand in computer games, and now electric vehicles in India.
-now has an active, clean shell to RM into, what or who we don't know.
THIS IS MY GENERAL UNDERSTANDING. DEFINITELY DON'T TAKE THIS AS TRUTH. IT'S ONLY A SIMPLE NARRATIVE OF WHAT I UNDERSTAND IS HAPPENING HERE.
Interesting. An uptick in volume.
Interesting that INTL is still on the ask at .80.
I doubt it has any significance, but it did come and go for a long time.