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He is concerned that he won't have his happen ending funds that is why is complains everyday, lmfao.
People will hopefully learn from experience. Learn to use technical analysis to see if those buy points made sense. Right now a lot of momentum money, hot board chasers, flippers, and swing traders are loosing their shirts. This is why you see so many whining about the pps.
Key an eye on future filings. That will give a clue on why the pps is behaving the way it is. As someone posted before and I posted a few weeks ago the technicals don't look good. Looks like .005 is resistance now instead of support.
Hopefully the the money comes in 2016.
So what if it not .25 by then. What is your risk management mitigation strategy ? Think about your answer before posting.
Mine trades 5/8/2015
time price dollar volume(sum) trades
11:06 0.005 $4,791 9
13:02 0.005 $17,341 25
13:35 0.005 $22,964 29
14:15 0.005 $8,012 33
13:25 0.005 $29,379 39
15:44 0.0049 $36,054 46
15:53 0.0049 $37,573 49
15:55 0.0049 $41,983 51
16:00 0.0049 $42,131 54
Here is link for 4K
4k
That is good news. The pps will adjust itself according back above a penny. Folks will take the money from the shoe box under the bed and go on a buying mania. I little birdie told me that flippers and swing traders are loosing their shirt trying to trade this stock. I see from a post below that a long term investor still has profits that is good and encouraging.
Why his statement is correct. Read the bottom of page 8 2. Going Concern from 10-Q. It is a worst case scenario, ihmo. But is in the document for legal reasons so if something happens the company is protected.
link to 10Q
I like many people were perplexed why the pps has taken a 50% decline since the peak of January. There was no reason why the stock should not be at least .05 a share. After reading the 10-Q I know see why so many investors reacted and sold.
Mine trades 5/6/2015
TIME Dollar Amount(sum) Trades price
09:57 $862 10 .0052
10:35 $1,664 12 .0051
11:10 $5,327 16 .0051
11:32 $5,875 19 .0051
12:32 $25,502 51 .0049
13:28 $39,091 63 .005
14:24 $56,100 78 .0049
16:00 $77,087 110 .005
Answers are in here. 10-Q
Power11 has the power to move OTC stocks. I remember this post after the market bounced from the low of .0026 back in dec 2014. On 12/26/2014 exactly at 15:30 someone put in a massive buy of mine stock with $37,500 of capital. The stock went up like a rocket.
power11 rocket post 12/27/2014
2 other key posts where a couple major players gave up and scared the $MINE market.
give up post 1
give up post 2
Mine trades 5/1/2015
Time Dollar Amount Trades Price
11:22 $23,367 32 .005
12:40 $29,966 42 .005
13:22 $38,915 51 .0049
14:32 $39,620 56 .005
15:01 $40,370 57 .005
15:19 $43,401 61 .0051
15:34 $59,221 70 .0051
16:00 $73,909 82 .0049
Pivot point price is now .0047. Stock is down 10.91% since Bearish Harami Cross sell signal 4/29/2015. Stock is down 10.90% since 50 day moving average/ 200 day moving average death cross sell signal on 4/23/2015.
Mine trades 4/30/2015.
Time Dollars Traded Trades Price
10:12 $7,231 16 0.0053
11:20 $8,593 20 0.0054
12:39 $27,401 45 0.0052
13:31 $95,385 79 0.0051
15:36 $112,627 107 0.00502
15:43 $117,448 114 0.0052
16:00 $118,852 117 0.0052
Stock price had a sharp hard bounce at .0049 (pivot point).
Bearish harami cross signal on the 3 month chart today. We might have a few up days if the signal holds then a sell off with lower lows and lower highs, meaning the current up trendline is over.
Here are the trades
Time Dollars traded trades
10:45 $26,760 33
13:15 $57,813 75
14:39 $75,548 91
15:19 $81,963 102
16:00 $100,687 119
Every time the stock goes up it sells off because people are trying to get out.
The class has homework tonight to find out how reliable this signal is. Hint it is not 100% accurate. There was another point in time back in 2014 when this signal happened. See if you can identify it and what happened next. I did not believe in the technical analysis stuff during the warnings of the 2000 stock market highs. It was not after we were in the bear market did I go back and see what they were talking about and I was like wow the stuff really does work. It also works with commodities and currencies.
Mine technical analysis.
technical analysis
traders cheat sheet
3 month candle chart.
1 month candle chart
Mine trades for 4/28/2015
Time Dollar Volume trades
12:56 $52,778 82
14:46 $71,265 97
15:38 $107,720 125
16:00 $109,626 131
We need to get the trades per day up to 300 or higher to push the pps up. On 4/27/2015 we had 156 trades closed up.
My recommendation is to take some of your shares and sell 1/2 to lock in your profits for risk management in case things don't work out. You have a lot invested in this stock. If it goes back down to .002 to .003 you can always buy it back at a cheaper price.
Yelp we might have a Baltimore rally, crash and burn today with the pps. Hopefully that will not be a the case and a close above .0058. The high of 1/5/2015, and the lows when the death cross early signal exponential moving averages crossed over back in the middle of march 2015.
Thanks again, and my times over for your informative DD posts.
Are you talking about those small 10,000 share trades ? I saw one at the end of the day that caused the price to go from .0057 to .0058 for the close. I also saw a lot of heavy selling when the price .0060 only to be brought down again. Someone is trying to keep the pps down at .0058 and below. The good thing today was that we have a lot more trades. 156 trades for dollar volume of $123,434.
Time Dollar Volume trades
10:41 $24,501 41
12:26 $32,920 58
14:42 $86,223 115
15:13 $112,502 141
16:00 $123,434 156.
We need to get the trades per day up to 300 or higher to push the pps up.
A lot of good intel in this filing. Explains a lot of things. I highly recommend you read it cover to cover again and again. 10-Q
It could bounce hard if the whales make a visit. Long and strong. Get those shares while they are cheap.
I got mine at .0004 back in Jan 2015. If it goes back that low there will be a lot investors snapping those shares up big-time. I don't think it will hit .0003.
Clay thanks for taking your free time for that video analysis. Much appreciated.
Your answer lays with future2016. He seems to have the calculations on current pps and future. This post sums it up. pps value
It is a good bargain now. Get those shares while you can before we go higher.
I have one that was .002 last dec 2014. Went up to .10 then back down to .02, then did a reverse stock split 1 to 150. The 2nd day of trading it was up almost 50%. The float was very low before the stock split though. They can be good if the company is doing the right thing.
Mine are .0002.
What is your average price per share that you bought in at ?
Maybe they plan to start reporting financials again and then uplist. Stock could take off.
I saw they updated my account this morning. I only have 14 shares. This will be an tax accounting nightmare if you decided to sell. Looks like the tax basis is all jacked up. My account is saying my unrealized tax gain is %2500, which is not true.
Did your all brokerages update the ticker in the portfolio yet ? Mine went to some funny ticker symbol. On the watch list it is listed as RGMID. Etrade told me they are waiting for information from the transfer agent before converting the shares.
I am over in Howard county. Thanks for helping out a Maryland Corporation. Hold on to your shares because they having a buyback, $IJJP.
Not according to some recent actions. The SEC prosecutes microcap fraud all the time. Here is a recent case recent case link
The offices over in Rockville, MD do the investigations on insider trading and stock manipulation. Do you remember that short squeeze from a few years ago where stock went from .0001 to $20 a share in no time before the SEC shutdown the company ? They investigated that from Rockville, Maryland
This what I don't understand. People say the company is fake, etc. It is right in the back yard of SEC/Finra, etc. The company has been operational for years. I don't think would do something to make him liable to securities fraud, after all there is no statue of limitations on securities fraud. He is in the same county where Finra is located (Montgomery County, MD). The account of the company is legit and checks out, been in the business for years.