Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
THAT'S WHAT I'M TALKING ABOUT!
WANT TO TRANSFER MORE MONEY NEXT FRIDAY AND PICK UP SOME MORE SHARES. BUT AFRAID IT MAY BE TOO LATE BY THEN. WE'LL SEE
Got excited for second. Had my alert set for .05, then saw it was only 300 shares :(
It's a sign though, things are getting ready to shift . . .
Oh, I know. This just MMs selling into their own bids trying to lower price. No one really selling at this level. Just a waiting game until someone fires the first shot.
And there goes .038
Guess there's always tomorrow.
I know there will be a surge on shares before the end of next week. Spin the wheel and see what day it lands on!
And I agree on the about to blow up part. Lots of testing of price going on last couple days. Hardly any action in the morning yesterday. First 4 or 5 trades today only amounted to 119 shares. We are at the breaking out point. Looks like trying to test .038 again. If we stay above 4 it could be rocket time.
That would be almost impossible to go through unless you can export it to a spreadsheet. When I looked through it last week I saw lots of duplicate claims due to updated refilings.
Check your facts
Oh, nevermind. You haven't provided any.
RXMD is in fact different. Many independent pharmacies are indeed having trouble competing and selling for cheap. RXMD has avoided that by establishing a valuable institutional network with hospitals, nursing homes, and insurance companies (specifically Humana). They qualify for preferred pricing and reimbursements by meeting quality standards in service, care, and documentation. RXMD is developing into a name brand with these initiatives and expanding market with more locations and larger geographic footprint.
Everything they are doing is in fact different from your typical corner RX that sells for pennies because they operate like a gas station drawing people in with a need but making money on the markup for conveniences.
RXMD is an RX company with an RX business model that works. That's why they are buying locations and not selling them.
RXMD will hit $1 well before then, within 2 yrs for sure and possibly within the next year. By 2024 I expect RXMD to be trading around $5 and probably on the NASDAQ unless they get bought or merge before then.
FPRX is just an abbreviation for the company in the PR. It's just a coincidence that another company uses that ticket symbol. Five Star is not a publicly traded company. I think the PR mentioned purchasing their "shares" but those would just be internal shares probably held by officers/employees. They're not registered shares.
But are they really screwing themselves if they just get to trade 30% of the current O/S for 100% of the new company?
Yeah, VRTHD. Good call lol
Nah, more than likely that would just result in getting charged $6.95/trade again until I get back to 30 trades/qtr
SA is a shytbag site full of manipulator bloggers who like to trash tickers so they can short them down and/or buy up the cheapies. That article is proof that RGSE will pop again.
Last year I qualified for the $4.95/trade by doing 30 trades in 1 qtr with ETrade. I have fallen below that recently, but they still only charge me $4.95. They still dinged me for the $38 RS fee last month.
I just checked transactions and discovered I was also assessed the $38 fee on another crap ticker I own that did RS recently. Was not aware of the potential for that charge.
I'll grant you that 90% of news that comes out is just puff PR to satisfy longs and feed the flippers who provide the daily volume. But this ran big on the acquisition news last year and is prepared to do so again this time. It got bashed hard last time though on the bonus news and fear of toxic financing and couldn't sustain gains. This time will be different as company has shown ability to manage debt and pay it off without destroying SS. If you're as smart as you think you are you're only flipping half of whatever you hold.
That's not actually true. I don't believe the acquisition candidate has been officially identified. Most of what we know has been due to internet sleuthing. Speculation pricing of SP is generally going to be much lower than the pricing after company confirms what is "known" by those who have dug up their own DD.
How much? I use ETrade, don't think I have ever been charged before.
Yeah, I get it. That was my point. :)
The real question is what is the purpose of Loadchief merging in and are they going to want to carry the weight of Biscardi's 3.7 bil+ shares?
I'd be careful. This is the perfect news to draw everyone back in. Price runs back up and bid stacks at .0006 and then BOOM! 400 mil bid dump.
Indicative? Absolutely. Definitive proof? Not necessarily. And I don't disagree that it will be too late to get these prices once that proof is apparent. That's why very few ever get in at the very bottom. I respect all the info that you have posted here and I believe there is a better than even chance this starts to move up. But I think we are also still in a stage where it's prudent to be at least a little skeptical.
That doesn't really answer anything. If you think that hints at an uplist that's way to premature to be pushing an RS before they even release any financials that can motivate a movement in SP.
I agree with you that an R/S is not the end of the world if it turns out the core business is actually sound and we start getting some good looking statements. And even that part isn't that much in question. But I still question the official legal and financial link between DCAC and Payless. It's all just a gamble until we get some official numbers instead of having to hunt for easter eggs on the internet.
Man that's a convoluted mess to figure out with all the amended filing duplicates. Plus ANW has claims against itself through the subsidiaries. If you sort by total value the biggest one is for $653 mil Aegean Marine Petroleum vs Aegean Bunkering
It's not a misconception. While there are legitimate healthy reasons to enact an R/S, a supermajority of the time on the OTC they are followed up with the issuance of new shares. And even when that doesn't happen, the lack of oversight causes people to be skittish and support tends to fall into the basement.
The only question that needs to be asked is whether there is a logical reason for an R/S other than to just arbitrarily reduce the OS. Because we all know what the arbitrary reason is for with no other justification.
Nah, you don't want them to cover for profit. Surprise spike causes panic covering. That's when you get a real rocket ride.
I agree, there are plenty of catalysts in the wings waiting to fly. I was mostly countering the charge of low volume. We had several days of much higher than average volume. This volume dip the last couple days with no appreciable drop in price portends a good move up if the right anticipated news hits the wire.
We had 4 consecutive days of 1 million+ volume with 1 day hitting 2 million. This low volume following that should lead into a step back up in price in the next few days. This will trade sideways like that until it's ready to pop. We are pretty much at support until concrete developments confirmed.
Uber? I thought it was more in line with U-Ship
While there is evidence of the connection between DCAC and Payless Truckers, I think what most are waiting on is evidence of the connection between Payless Northshore and Payless Truckers aside from similarity in names. If anything comes out linking the sales of all these trucks to the DCAC financials, only THEN will we have a blast-off.
I would call and ask him, but he didn't post his number :(
Definite spring being loaded here. This will cross .09 by EOW and start another test on .10. Smallcap Voice posting here says acquisition news is ready to release very soon.
Yup, half those shares at .10+ looking to turn over at .50-.60 creating new support for push over $1
The 532 comes from MEG to continue operations. I believe the 300 pertains to the fraud and the potential recovery was being calculated into the SP
Oh c'mon, cut him some slack. He's obviously a genius trader who just needs time. Time for SP to drop down to fair value of .02 so he can then buy millions of shares that will never increase in value because they're already at a fair price. The genius is in the simplicity!
Just noticed Amanda has 2 FB accounts. The Amanda K Normand acct was made in April 2018 and shows her working for Southern now. Amanda Normand acct made in 2011 and still shows her employed at Northshore.
Then why be publicly traded to begin with unless as a means to finance growth? If they're making enough profit for immediate growth they don't need to be merging in here.
Just doesn't make sense to hamstring yourself by keeping the cap that tight above OS. Leave a little space for expansion so that you don't have to spook shareholders later by raising the cap again. Reduce now but leave some reasonable room for growth. Like 15 mil, or even 20.
If he reduces AS it won't be by that much, that would bring it down to only 6 mil AS. That's ridiculously low.