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Thanks for the pm and kind words! Sorry I cannot pm as I am a free member. Have a great day, and go UNGS!!!!
Last couple days has been the craziest narrow trading channel. Like hot potato back and forth from the 21 to 22! I dont want it, no you take it! LOL
Agreed! If we are both correct it will go up when the company gets the shares they want, then they will release the news to spark the fire. Holding strong, hope to accumulate more at these levels. Abit of patience here is the key!
Love the low volume as it continues to consolidate! Exactly what you would expect from a stock getting ready to make the next move up. Soon, grasshopper.. patience..
We must be looking at two different stocks! My level 11 shows red, with heavy buying pressure below the ask! LOL Still have a strong belief in this stock and also think it is as you say, company buying back shares. Cannot imagine that much retail interest on a down day. My question is, who in the world would want to sell at these levels? Doesnt make any sense to me....
Big wall at 0.0024, real or head fake?
Well said!
Smile, ya I wasnt really serious about it gapping up. Just thought Mr. Fire would get a kick out of it!
Do you think this will gap up tomorrow? I still have a few million to buy!!
Hope it doesnt get too high until after Tuesday, still have more to buy and waiting on funds!
short term around l2.3, next around 15. This might have changed recently, but when I looked at it last it was in this area.
Another point, with this low of a float.. once this starts to run will runup in a hurry!
Ya, looks like the quarterly report should be due any time, see they were late on the last one though. Amended. Doubt if the company shows much on the 10q since they are not really profitable at this point. The big uptrend should come with the drug trials on the obesity drugs, as they hopefully will be able to secure additional financing.
Regardless we should see a pop just because the chart is pointing straight upwards, could go parablolic when it goes! Wound tight!!
Nice volume day for a change!!
Thanks! I think all the patient longs will do very well here! What are your thoughts on taking profits? If I dont increase my shares, am thinking of cashing 2 mill out at a penny, will make a profit and be riding all free shares after that. Think that we are going to see that penny soon!
Agreed, that and the mind games! LOL
Hope it stays in the mid teens until Tuesday. Have 7 mill but need another 3, is that being greedy? LOl
I find it hard to believe people sold at this lousy pps. Hoping the pps stays low until next week, am out of funds and want to add another 3 milly.
Wow!!! Lets hope that happens here! Think we were in atrn together? I have been in and out of it, what a gold mine that one was and still is!
Curious, what happened with EXTO?
One more thought, a wall like that could certainly induce many to sell off their shares in this stock. Looks ominous! Seen too many of these games to be too concerned.. holding tight.
Good question! Who knows, there is such little buying and selling at these levels. Almost makes me wonder if it isn't a wall to discourage buying put up by MM's? Just a guess, but the company has came out and stated that their business hasnt changed, we know they are working on trials of which we should be getting some results soon. Just cannot imagine too much real selling at these levels.. unless someone knows something we dont!
Doubt if anything happens here until news, just will wait it out. Hopefully should hear something on the trials shortly.
You say that like it is a fact, where is your proof? Rationally that makes no sense when the company has already publicly stated that they were buying back $400k in stock.
Facts please not conjecture.
It's called consolidation, almost every stock that has a runup consolidates for awhile before the next run. Stocks run normally in waves, study the Elliot wave theory. Low volume during a consolidation period is very healthy for a stock, and makes it stronger for the next run up.
I sold a privately held company in 2000 to a publicly traded one. They were adamant about no disclosures of any type, for a variety of reasons. Not just insider trading accusations, they also want to make a huge press announcement to garner the most attention from the transaction. We were only doing abit over 15 million dollar per year annual revenues and they made it into a big deal. New York Times PR, etc.
So I can imagine if something is in the works with a merger/sale with atrn they do not want any press releases, 8ks or otherwise. If this truly is a silent period.
Selling at these prices is crazy! One bit of news and this company is off and running towards a penny. Will be taking advantage of these discounted prices and buying more, shaking my head in disbelief at people!!
Ha! Yes, I remember those foggy college years too!! LOL
That music reminds me of the last time I was on a cruise to the VIrgin Islands! For months I heard that music in my head!
I cannot imagine life without Jack In the Box.. LOl
Somebody wants shares badly! Look at all those bids stacking at 0.0013! Company buyback?? No dilution for sure here, shouldnt even be a topic of conversation. IMO
Company buying back shares? Huge bids the last few days in the 11's and 12's. If so, I will gladly take the temporary pain of a low pps. If they are, nothing will happen until they have the amount they want in their coffers.
Believe you are right, longs are holding the price up and not giving in to bid whackers. Lets go!!!!!
You still here kid? LOL, Glad your emotions didnt get the best of you
Thanks! WIll do.
Gapping down in pm, Spyder effect? Hopefully will just be a quick dip and bounce
I play percentages, in this stock I didnt jumped all in. Still not worried.. because I have no doubt it is going to make bank! Still in most instances playing the percentages are going to put more in your bank account.
Nothing between 0.0020 and 0.0025. This stock is very thin on the ask if we can break 0.0020!
Ha! Agreed, you never can tell... but I bet the percentages lie heavily in favor of a big jump up in pps and then a retracing period.
This one isnt over till the fat lady sings, I still bet this takes off in the near future and makes bank! Dont think MR was off at all, if you look at what Ace said when he was buying at 0.0026, he said that this one would take patience. Not off at all imo.
I think you are 100 percent correct in that assumption. Some have said that they front load stocks, I dont believe that. But you are right, when everyone jumps in at once it creates a buying frenzy. Better to wait abit until after she cools off.