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Correct but I didn't suggest he sell ALL his shares, I said at the least, sell enough to cover his initial investment.
If he bought at .0033, he paid 19,800 for 6 mil shares. If he were to sell 2.5 mil at today's closing price, he would make back his initial investment.
I'm not trying to tell him what to do, I'm just saying to play it safe, at least make back your initial investment if your worried the pps is going to tank more.
At the least, make sure you make back your initial investment.
EMTEE77 -Sure, and I see Steve reasoning behind that. But that's why the financials need to be audited.. to give credibilty to all the revenues. If they do not get audited and he just keeps naming locations and not names, then what are the big investors to think when they look at this?
I guess we'll have to see what happens in the coming months. I hope they get audited by Dec. That would be a big plus.
Best to you
Yup, you nailed it. Every one of your points are valid.
Have they been audited??
Yes, I know it is Steve's intention to do so. but as of right now, have they been audited??
It's a fair question.
Yeah, I personally believe he has integrity also.
If you are so inclined, research my posts.. where have I ever inferred that Steve is not a legitimate businessman?
I have consistently defended Berman from attacks that he is a scam, a con.. and I still do.
My point is that I am NOT going to fall into this trap anymore of relying on PRs, DD from insiders on this board that is treated like its divinely inspired and coming from the "burning bush" or Q&As with the CEO to make me feel all warm and fuzzy inside that everything is going to be great and we are all going to be rich soon.
I don't care who he is having meetings with right now. Until he actually signs deals with these big auto honchos and the revenues from those deals are reflected in audited financials, I will continue to hold the bulk of my shares but will do so with caution and a certain amount of cynicism. Why? because as of now, it is still an OTC Pink!! That's not bashing.. that's reality.
Best
You misunderstood my post.. I agree with you. That is why I am hoping the financials are audited as Steve Berman says he plans to do. All these "great" PRs that are supposedly racking up all these revenues need to be audited.
Sorry if I did not articulate myself clearly. I just meant to say I know that YOU know PRs do not mean anything if not backed up by solid financial earnings.
Best
I believe you do, Coz. And that's why I know you do not fall for these PRs.
They mean nothing until what is said in them are reflected in audited financials.
Thanks, I appreciate your input.
I don't have a terribly big position here but honestly, I wouldn't be unhappy if it went that high. .10 is not a bad profit considering its sub penny now.
Thanks and best of luck to you.
You said you feel this is not a $4 stock. Do you think it may reach dollars at all or stay in pennies?
Would love to hear your opinion. I'm still very new here.
Thanks
Thank you sir, much appreciated for that info.
Hello, I just bought a small position on this stock.
If anyone cares to reply I would appreciate anyone's outlook on this stock where it may be heading.
Please: no pumping and no bashing comments. I would just like to know realistically what anyone's thoughts are.
Thanks
Great post Shotsky and what you said in your last paragraph is so true..
"Don't connect dots that aren't there"
Wise advice
Honestly sir, first time I agree with you! I agree the mods are worthless on this board and I'm the next one that is going to complain to the admins.
When I first came on here as a novice investor back in January, we had the nicest people and I was eager to learn from everyone.
Now you cannot even post an opposing view in a polite way or you get attacked and are told to sell your shares and "move on".
You post politely why you don't think the pps will go to .02 and some clown gets offended and insults you because you burst his/her little bubble world of "everything is wonderful in the world of ONCI".
And then your post gets deleted because you make a move to defend yourself!
These pumpers should be ashamed of themselves.
Agreed. I don't believe the market is "missing the point".
They need to see solid, audited earnings as you said. You, JT and this guy Carl seem to be the only "voice of reason" around here.
Thanks. Hope so.
Here's to a hopefully life changing outcome.
ONCI$$$
JT- in your opinion, what do you consider over the top? Ford, Chrysler deals?
Agreed. They mean nothing . Just announcements. Dec 15 is all that counts and hopefully the financials will be audited by then.
Because PRs do not matter Harry. Read Carl's post from yesterday morning.
I remember this was something that was always in ONCI's company description- when I first invested
Nice$$$$
JT- I wanted to ask you: Have you seen this lettter of engagement that Berman said he would post on Twitter last week confirming the auditing firm he said he is going to use?
Just asking cause I haven't seen it yet.
hope all is well
ONCI$$$$
Ha ha.. no, that will out of the 3 + mil I have on "lock down" for now.
People just taking profit. Picked up another 500k.
Next "pump" will come..
Yeah, that's what its all about..
BTW, I was going to ask you what you look for but I see your latest reply to JT answered it.
Thanks again!
Good plan. That's what I'm doing now. I have a surplus of 3+ mill shares ( I call them golden shares since since I bought them in trips) I had more but I skimmed a small amount last week to cover my intial investment and for some profit.
Now, I don't touch my 3 mil shares until Berman's initiatives leave the starting gate but in the meantime, I'm flipping the shares I skimmed to make some profit. I've done it twice so far and its making my Etrade account looking sweet..and I still have my core position.
JT - this guy has nailed it!
Nice close.
.02?? as predicted by the experts?
Not today..
Like I said this morning before receiving that very rude comment, people will continue to take profits but if we can build a base around the mid .01s, all is good as long as for the next 29 days we move closer to that uplist.
Right again.
Love it.
ONCI$$$
Yup- Did it yesterday morning and sold the same number of shares in the afternoon when it spiked. Went from 5.00 in my Etrade account to 18K.
and still have my most of my original millions I bought in trips safely locked and loaded for ONCI blastoff$$$$ for 2018.
Learning to play the game until the big payoff, JT.
Why is everyone getting so upset??
Relax - Here's what you do and it works beautifully:
1. If you have to sell, just make sure your intial investment is covered.
2. Keep a surplus of shares locked up for when everything Steve is doing starts rolling and don't touch them.
3. Buy on the dips and what you buy - then sell when it spikes. Repeat the process.
Smart move GG! Make those profits and then buy back in on the dips and hold a chunk for the long run!
Carl was right. Good analysis with those charts.
I do hope it starts trending back up
ONCI$$$$
Ha, Thanks.
Well JT, RJ is a little more optimistic this morning, ha! Hope the uptrend continues.
Wish I was up there enjoying that Fall weather.
ONCI$$$
Thank you Carl.
This is why I respect your posts. Your positive and optimistic but at the same time, you give a realistic perspective and analysis as well.
Actually, I'm not offended by what this Hustle guy said. there is some semblance of truth in his remark to me: I'm not that sharp (yet) on trading, I have only been doing this since January but I'm just trying to take a more realistic approach to this stock.
I especially found your post a few days ago very interesting where you state how you trade according to the charts. That's something I'm trying to learn more about.
Thank you for your contributions to the board. please keep them coming.
Best
Hope so but even if we break .02, I doubt it will stay there at this time, especially after what happened earlier in the week.
What I really hope happens is that we create a new base where we are now in the mid .0140s so we are comfortably above a penny for the next 30 trading days so we can get that uplist.
Of course when the financials for Q4 come out, I'm sure the pps will look much better.
Happy Friday
ONCI$$$
Ha.. I like option no. 3!
Thanks JT
Sorry brother, not quite yet.
Months from now, If Steve has indeed delivered, when I hit that "sell" button for the last time and I am finally able go house hunting, the praise and pom poms will come out in full force and no one will be cheering louder than yours truly.
And the first pic that will go up in my living room will be one of SB and I mean that seriously.
Best
Yeah, you guys are all correct on that!
And my performance review is coming up.
Ouch!!
Mary.. I hope you are right. I recommended this to my boss and he bought in two weeks ago at .016.
He Slacked me this morning from a conference he was at and asked what tbe f**k was going on with this stock.
(JT- if you are reading this, RJ slacked me from from his conference and was giving me s**t about ONCI . Another reason I was in such a crappy mood yesterday . I played the optimist and told him it would rebound -ha..).
So Mary, I sincerely hope you are spot on with your .02 prediction tomorrow!
JT - you working up north now ?
Fantastic, I love it, I want us to do WELL.
Just trying to hold off the cheerleading for now..
ONCI$$$