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I’ve been here since September 2016. Haven’t sold a share.
They don’t owe you anything?
Nothing like remaining silent for all that time they were down with low volume. Only to interject complaints and doubt as it starts to recover. Great timing.
Keep searching and you will find where they addressed it at a later date. I’ve had to find it for everyone of you that comes on here with that stuff but this time it’s on you. It was around June, look it up.
Probably every new name on here crying about stuff that doesn’t matter or is blatantly untrue.
The moment you guys start whining about stuff that’s been addressed, this board becomes useless. Go cry somewhere else about the damn name change, it’s been addressed. If you don’t like the current name, then invest in something else? Not that fucking complicated.
I'm not sure what kind of reception you expected by posting a bunch of complaints and asking us to defend the company when you haven't even bothered to read the stickies.
It's not a scam.
If they were relying only on the Forbes article, they wouldn't have been in the Forbes article.
If you want to invest in a company that is already a household name, check out Intel or GM.
If you are using ETrade, the phone app (realtime Stream) and the website often differ after 4:00. The realtime stream shows the 4:00 close, and the website and phone with realtime streaming off will show any late trades. Not sure if other sites have similar issue.
I'm sure they are aware that timing is everything. Any good news last week would have been lost in the mix with all the Sessions drama.
It takes a lot of nerve to be wrong every day for 5 weeks with the same prediction, and then when it finally does reverse a bit to post about it like they saw it coming and made plays on it.
If I start calling for snow every day, it doesn't matter if I start in mid July, I'm eventually gonna get it right.
https://www.otcmarkets.com/stock/UBQU/news/Ubiquitech-Software-Corp--Gives-Shareholder-Update?id=163613&b=y
"The company had previously announced that it was working on a name and symbol change in order to reflect the Company as being solely in the Hemp sector. However, after recent developments and several emerging new opportunities in the Technology Sector, and related to the Company's internal marketing and technology platforms, the Board of Directors has made the decision that the current, and more broader appeal, of the name Ubiquitech Software Corp. will fit more closely, and better serve the Company and shareholders as the Company expands."
They have addressed it. Now you can stfu about it.
THEY ARE NOT CHANGING THE GOD DAMN NAME.
Thank goodness you found it.
If you really feel that way, why do you own the stock?
One red day in a month is not a negative pattern.
Man, you have 8 posts total. 8 posts over the course of a year. All on this board, all crying about the name change or some other complaint.
That discussion has come and gone. They are staying with Ubiquitech Software. All the bitching in the world won't change that.
I think you're looking for "Convertible debt". But even that might technically not be the right term.
Toxic debt in this situation would be debt that causes the company (or share price) to flounder under its heavy load. Toxic in the sense that is poisons an otherwise healthy company. If it was structured in such a way that normal profits can not overcome the burden.
The term has been borrowed and used in those situations to warn people away from a company.
The original meaning is below.
DEFINITION of 'Toxic Debt'
Toxic debt refers to loans and other types of debt that has a low chance of being repaid with interest. Toxic debt is toxic to the person or institution that lent the money and should be receiving the payments with interest. Toxic debt generally adheres to one of the following criteria:
Default rates for the particular type of debt are in the double digits
More debt is accumulated than what can comfortably be paid back by the debtor
The interest rates of the obligation are subject to discretionary changes
As in a mortgage company that loaned money to lots of people with low credit scores and no jobs.
Overbought basically means it's been going up a while and will eventually come back down. The indicator does not say when, or by how much it should "correct". It's about as reliable on a stock that's reacting to outside influences as flipping a coin is.
The indicators work well on stable stocks with high volume. Especially if many of the investors are trading on the same indicators, it becomes a self fulfilling prophecy.
There is zero chance I would allow myself to be stopped out here due to a chart saying we are over bought. Maybe we need an indicator for the chart that represents entering the hottest new markets, debt reduction, and all around company running badassery. If we had one, it would be covered in bright green, upward pointing arrows for the past month and we could stop hearing about that damned RSI.
If it was toxic, we wouldn't be growing the way we are. It's debt, plain and simple. But if they are debt free ahead of us that would definitely be a good reason for their share price to out pace us. Looking forward to seeing what our numbers look like now.
I suppose. But that doesn't mean they will be identically valued. Especially since many of the driving forces for UBQU (and maybe also POTN) are company specific as opposed to industry related. I could be wrong of course, I was just trying to keep up with the reasoning.
Why are you guys drawing such a direct correlation between us and POTN. Maybe I am missing something, because I don't see where their SP's are linked?
Oh I agree. Green is just a better color to look at. There has definitely been a pattern of intraday shenanigans followed by afternoon corrections.
Holding my breath, lol.
I probably over reacted. After a year of seeing this stock flounder, I need to see it continue this past month’s momentum and sone jackass with 11k followers slamming us on the internet with half truths biased opinions frustrated me. Particularly when it was introduced to the board with enthusiasm.
He discussed two stocks, ubqu was the first. He focused on HLT, not even mentioning the other subs of ubqu.It had such a negative slant, it seemed like the goal of the video was to trash ubqu, not give an unbiased review.
Some stats on legal activity.
https://blog.bitpay.com/bitcoin-a-new-global-economy/
Older article with some stats on illegal activity.
https://www.coindesk.com/bitcoin-on-the-dark-web-the-facts/
Did you watch it? It’s 15 minutes of some uninformed jackass slamming ubqu from his living room. ? Jesus, man.
A lot of the initial publicity came from the anonymity of crypto currencies. A lot of the things that will make it stick around are the same things that make me hesitant to invest in them at this time. They are true international currencies. They are not backed by any govt. or institution. If all goes according to predictions, we will one day all be buying everything from coffee to cars with crypto currencies. There are already places that are setup to be examples of this.
From our perspective, the actual value of a currency at any given time is irrelevant. It’s the volume we are looking for. And while higher prices do draw attention, lower prices make it seem more affordable to young, individual traders.
Crypto currencies are basically still in their infancy. Most of the volume now is from investor trading and not from transactions for goods and services. I couldn’t even begin to predict where it will go in the future, but unless it fails as a technology, there should be a way for us to profit from it being traded. Similar to forex, except forex is based on actual transactions for goods and services instead of supply and demand by traders.
Paying for mj anonymously is but one very small part of crypto currency and removing that need will not cause crypto currencies to tank.
Yep! It's amazing how a little green can put things in perspective.
They probably are using the same template, or maybe even copied the page as a placeholder.
Is this an ad for coingy.com?
.02 with 900m shares gives a market cap of 18m. If they don't achieve that in 2018 (Which they likely will), then they will surpass it by a long ways in 2019.
If they stay at .02, someone will snatch this company up before the spring.
Yep. Trying to trade this to catch the dips seems like insanity to me. I didn't watch this thing flounder for over a year to get caught on the sidelines when the market finally takes notice.
Still liquidating or did you get back in higher?
those 2's came running.
I expected us to just tread water until the fins. I was way off, lol.
He really is good with the charts. I don't doubt he kills it with more established stocks. It just doesn't translate to a new and growing company like this.
Everything he said about the chart was true, except that it should be acted on.
If I got out this week I'd be quiet too. I wouldn't even be able to type as my keyboard would be in a thousand pieces all over the floor.