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Pretty nice seeing that .062 bid sitting there and no one selling into it. That’s definitely a change from what we’ve been seeing the past month.
I think it’s going to depend on the volume that comes in. Could be huge if word spreads enough. I have a feeling some big names have been loading and will soon start drawing people’s attention to this IMO
This is ready. We’ve been patiently waiting...feels like we’re close. Big sellers out, L2 looking good, DTC soon, and hopefully a bunch of really good PRs lined up.
Per the Q3, the 20 million in funding looks like it can be used for either the acquisition of DES or big foot field....but not both. Is my understanding correct on this? Seems that is the reason for having two separate 90 day options for each to evaluate and determine the best acquisition for the company.
Big bids this morning
Missed the last couple days. What happened yesterday?...was that just a big seller getting out?? Do I see 120k shares were sold at .034? Crazy. Feel like we’re going to hear an update from company tomorrow or Monday.
Thanks for that insight. Oil prices moving up nicely too right now. Big run for the money incoming....
From the link posted earlier by Pennies...
“The continuous opening of stores in core business districts shows that a brand is gaining momentum. In fact, this sports brand from Canada has indeed formed the growth engine of the brand’s Asian headquarters—sales and net profit have maintained a continuous growth trend for several quarters. Due to the good sales performance, the number of DRYWORLD stores has also maintained steady growth.”
The article was from Dec last year
https://translate.googleusercontent.com/translate_c?depth=2&hl=en&nv=1&prev=search&pto=aue&rurl=translate.google.com&sl=zh-CN&sp=nmt4&u=https://m.sohu.com/a/363665720_120176227/%3Fpvid%3D000115_3w_a&usg=ALkJrhiMvwbUP40zhQSLZPoBzTmwJIqzDw
The translation text below from the included link is important for people to understand why Dryworld went into the Chinese market. Read the last sentence....and specifically the last word of the paragraph.
“Today's sports trend industry is developing rapidly, and brand internationalization has become a major trend. In this environment, major brands have risen rapidly, and market demand in the industry has expanded rapidly with the continuous growth of cultural and emotional consumption consciousness; this indicates that the Chinese market is about to usher in a new era of trendy sports consumption. In 2019, the international independent sports trend brand DRYWORLD took advantage of the trend to enter the Chinese market, not only concentrated more powerful research and development efforts on products, but also injected new marketing ideas in the aspects of channel creation, innovation, and profitability.”
https://www.google.com/amp/s/kknews.cc/fashion/gjxvn59.amp
Oil price nice bump up this morning
Was pretty good volume the past week with no news. Wonder where it’s all coming from....word starting to spread? And yes, very nice to see the dumb selling into the .04s seemed to have stopped. If we get an update from the company early next week, this is set up to make a big move.
Will IHUB change the ibox with the ticker change? I have a very strong feeling ticker change will be next week...
This same exact thing happened right before the last PR
MM’s shaking things up a bit today. I tapped the .017 wall a little bit ago and it instantly went away and bid filled below.
I think we see news on Monday. Look at the bids creeping up!!
No one is selling and no one stacking the ask. This looks ready.
L2 looking really good.
I agree, it has gotten quiet here! I have a feeling that whoever is getting filled in the .04s the past couple weeks are flipping them in the .05s. Who knows though. Not sure why anyone besides flippers would put anything on the ask under .08 at this point....unless they’re just impatient.
Nice!! Minimal time left to load the boat I believe. Not quite at the share count I want before this thing blasts out of the big 3 month triangle pattern we’re in.
Shorts starting to cover?
Patience will pay off nice here I believe. They need to keep the PR train going though. Good to see oil prices have rallied a bit over the past couple days.
Nice catch, that’s a great sign!!
I was checking it throughout the day and a few times saw one would undercut the other for the lowest ask (.0569 vs .0559) and then instantly the one that got undercut would pull back higher to like .067 or .069 with the same share count. They both did this to each other, and with very odd share counts as well. I haven’t seen this kind of shuffling on L2 before on other tickers, but I’m still fairly new to how MM’s operate.
CDEL and ETRF have been doing some weird shuffling of price on the ask all day. Anyone else notice this?
Thanks for this insight, I didn’t get a chance to respond earlier. Pretty interesting situation we have here. Will probably try to pick up some more cheap shares next week for what seems like an inevitable squeeze....who knows when that might happen, but I want to be loaded when it does!
LMAO. Is it still a scam if the ticker changes to DRYW and Dryworld merges in?
What would you say the odds are that this is a scam?
CDEL always with a ton of shares on the ask
$MKGP - Just 13 shareholders own 110%+ of the tradable float. 8.2M float! Huge news out earlier this week. MM’s are trapped...we’ll see a short squeeze here soon enough. Price is ridiculously undervalued and very few retail selling. Still time to get in this under the radar gem for cheap before it takes off!
At what point do they cover though? They can’t just open an unlimited number of short positions, right? I’m still learning....
MKGP at the top of breakout board now...should get more eyes on this. People need to see what’s happening here.
Thanks for compiling this. So we’ve proven there’s a short....and with just a few shareholders as well. How common is it to prove a short like this? And is there any way to report it and force the shorts to close their positions?
Word definitely should be spread about the short here. I’ve got 100k shares myself....not gonna think about selling any till at least .2. Until then I’ve got my sell price set at $3 :)
It’s getting a little ridiculous. I keep asking myself where are all these shares coming from? If they’re all short, we’re going to see a heck of a squeeze at some point. They can’t keep this down forever, especially as word is spreading.
Getting some strong bid support at .05. Good sign
As long as people don’t dump into the bid I think we’d be good here soon. Seems like flippers/MM’s are trying to collect cheap shares on the bid and then putting up walls when the volume spikes? Need some steady volume...
What kind of volume do we need to bust through the games being played here? We’ll probably see over 1M today. A second surge would be great to see before the day’s done.
That’s a great point. Actually, the fact that they mentioned the Big Foot Field currently produces 100 barrels a day may be a very important piece to their story. If they revealed that using the USR Technology would double or triple that output, for a reduced cost/effort.....demonstrating the value of the tech to the market would be huge. I’m sure that’s what they’re evaluating now...or maybe they already have, and are strategically releasing new PRs to tell us their full business plans.
$MKGP huge news out AH today! This one is completely under the radar, and price has bottomed out with low volume. Tomorrow will see big volume. Easy chance to be a 10 bagger by the end of the year from current price level. Take a look and add it to your watchlist...going to be a fun ride!
You’re right, there are a ton of variables out there to make any price targets right now...but the potential is there, huge potential. The thing I like most about MKGP is it has very high reward potential with pretty low risk IMO...especially at these price levels. I feel very comfortable having money here, and there’s not many OTC stocks I would say that about.
I found some interesting details in this presentation. Chart of monthly production at Big Foot Field from 00-15. With USR Drilling would it be possible to get back to peak production levels? I’m sure they’re currently evaluating the potential now.
http://www.1031fec.com/Property%20Mgt/20180224-DESMDX_Presentation%20Revised%202-1-18.pdf