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.
WLAN The safe way to play buy them low to mid .02s Sell them low to mid .04s on next news spike. IMO
SBDG seems to have a serious business model, extremely low float, solid balance sheet and pretty darn good news. Was able to pick up 500 more today. Do some solid due diligence as many think this is somehow the "old" company rather than a very serious group who will enhance shareholder value. IMO
SBDG Read the filings and go to website http://www.otcmarkets.com www.sbdgp.com Serious revenues and earnings. Very small float Don't make comments without due diligence. This looks like an undiscovered gem who since October has become a new enterprise from the old shell. An opportunity....IMO
BTW I've put my money where my mouth is and may continue to do so. GLTA
In heaven's name man--why would you take a tax loss in January, rather than add 444 shares, giving you a shot at turning in a gain by yearend? I'm just sayin' with the news and share structure it's pretty obvious "..the game is afoot Watson.." IMO
GLTA
ACYD John Folger - A Class Act! Merry Christmas
ACYD There is an old tried and true saying on Wall Street-Buy on the rumor-Sell on the news.
I think this may apply here. Once again prudent money management requires taking some off the table- maybe your original capital and letting you free shares run. A second saying is "Bulls sometimes make money, bears sometimes make money but pigs get slaughtered." I am solely riding free shares now and have reserved for taxes, diversified my portfolio, paid for Christmas and continue to believe in Wialan - but also know nothing goes up forever.
.Just saying Caveat Emptor. This remains a speculation not necessarily an investment. IMO
Need to maintain at least .04 for credibility going into CC. IMO
I hear she is a very nice Canadian lady. I just feel sorry that she and others ignored and belittled my solid, prudent and frankly professional advice to cash manage, bank some profits, keep enough powder dry to buy back in(if you choose), and hope that ACYD is everything we want it to be.Facts are: it doesn't matter what you paid as much as what you didn't get. Next time speculative fever takes hold this was an expensive remedy. IMO
Gonna be tough to get through the 655,000 at Ameritrade - also retail selling
E Trade now on offer for 300K+ just completed 200K + . Whatever enthusiasm we have is being matched by RETAIL sellers.
ACYD Stock trading like it wants to crack .04 to set up for 1/2 day trading on Friday- News Monday? Accumulation continues.
ACYD President Obama in a speech now at Dreamworks has referenced the expansion of wireless capability in the last 5 years and future growth prospects! Go Wialan.
ACYD-Although it is good to see some bid side support from retail @ETRD and NITE it seems the IHUB board has either loaded up to the gills and run out of firepower to buy more up through .05 or Monday is a slow day. Where are the size buyers? I picked up 250,000 on the way down at .07, .066 and .063 admittedly early in the correction but DTD commit the capital.
ACYD Simply because there was not a strong enough bid for the sell order at the bid. Conversely there was plenty for sale at the offer. I for one don't believe there is any great conspiracy of shorts, market maker manipulation etc. It is however a convenient smokescreen for folks who are selling or stocks dropping to use as an excuse. There is only one reason to buy a stock - expectation of gaon there are however dozens of reasons to sell including my kid needs braces. ( One I heard regularly as a boker in the 90s.) MMs are less concerned about price direction as long as they capture the spread on volume.
ACYD +/- 500,000 shares for sale by ETRD retail @ .042 down from .0448. One buy at the close push could still see .05. Time is short!
ACYD management has clearly been satisfied in their review of their new interim CEO's background. Your opinion in the matter is less relevant. As the focus is now on GROWTH with superior technology I for one am glad to know someone with the skill set Mitch has exhibited in the recent past can help make that happen.If his prior problems are part of the public record, it is highly doubtful to me that the company is trying to hide 20 year past acts. Attempting to paint Ms. Freifeld as somehow a problem for ACYD/WLAN does not give me warm thoughts about either your sincerity or purpose in continuing this discussion. As in the prior one launched in retirement about office space redundant remarks of a negative nature will not dter serious traders who have capital committed to this venture. I hear Ralph Nader is looking for whistleblowers though.
E-Trade and NITE retail sellers of 1,2 million shares at .0448 and .045 will probably stop the rise today but up is up, thankfully.
ACYD Who do you trade through that routes orders to CSTI? I trade Fidelity who mostly routes NITE, my Scottrade acct is dormant, but they routed NITE as well.
ACYD I doubt the 1 million * is gone it just will come out slower.
ACYD Unfortunately again - the truth is that there are 1 MILLION plus shares offered @ .041 by CSTI Colin Stewart. Let's at least admit the tough slog ahead to chew through what appears to be significant overhang a nd real sellers looking to exit. It helps to acknowledge the challenges ahead.
I still have an original issue certificate from when ACYD was first formed. I am continuingly grateful for John Folger to have the vision to bring this merger forward and consider Victor and his team to be top shelf talent.
ACYD-Two small trades @ the close at the ask to turn day "green" vs the reality of HUGE scale selling over the last several days and the last hour as well. I guess we view "strong support" differently. In a football metaphor we are definitely on defense basically losing yards and field position and facing a determined opposition. No amount of happy talk changes these facts, I'm sorry to say. Hopefully some prudent money management was practiced by much of the board starting back in the .07s and .08s as I suggested then
After this BKRT @ 13 canard has been repeated endlessly I think it important that the basics of trading get explored. BKRT (Mercer Boechert located in Red Bank, NJ) has to put his quote somewhere.
At the moment he does not have an order below .13 if even there. Just like all the other market makers he usually will post his bid/ask at numbers he either has orders for or "parked" away from the market while actively trading other stocks.
The 4 active market makers today representing customer orders were NITE, CDEL, ETRD & CSTI. ATRD & WORL ARE ACTIVE AS WELL(CSTI Colin Stewart who you may notice is not listed in L2 as he has shut off his Brass or PinkLink system which publishes his quote.
The overriding point is ANY MM can change their pricing INSTANTANEOUSLY and the faCT THAT BKRT IS SHOWING .13 JUST MEANS HE HAS NO current orders at the market and is meaningless. Several other MMs have posted quotes AWAY from the market as well. Hope this helps your understanding. Anyone of these quotes can change with the blink of an eye.Up or down.
Don't confuse a firm's listing of "availability to borrow" with shorting. In order to short a stock a "significant" margin needs to be put up (much more than the value of the penny stock" if the firm allows.Availability only means that the shares are held in a clients margin account and therefore can potentially be used to initiate a "long short position rather than a "naked " short position, but again I would be highly surprised to find ANY individual who is shorting this stock - makes for a good story and a boogie man rather than the truth - more sellers than buyers.
Let's put this address nonsense to bed. There are in fact several Wialan offices and operations centers. The assembly operation is concentrated at the Sunrise facility. Tim Peabody as CEO offices in California where many of the administration functions are located. Several salespeople operate out of Clearwater and home offices are operated by all senior staff. It is possible our retired friend visited and met one of the software engineers. All sales and installation staff are usually on the road.
Victor is almost never in the office as he is moving around the region and does not in fact live in Sunrise. None of this matters at all to valuation as technology, sales and market penetration is ramping up rapidly.The market acceptance, press and "buzz" are also growing exponentially.
Both Claudius and Manny are neurobiologists and Claudius should have his PhD shortly. If he is putting in some Wialan hours I for one am glad for my investment that he is willing to do so. They are both young (30ish) and have no public co. experience leading to an inadvertent comment or two. The inescapable fact is their father trusts them, they are investors and I trust their father.
First hour only 1 Million shares trade even with sub nickel pricing. Doesn't seem that demand is there - I do see 500,000 represented by Colin Stewart (CSTI) @ .065 for sale and it seems that it will take at least another million to get back to .07.
Just bought some @ .062 and .063 to help the cause. When added to the 250,000 I bought @.07, .066 & .063 over the last couple of days on the way down this is getting expensive.
ETRADE IS SHOWING 91000 FOR SALE AT .06 .WHATEVER MANY HERE THINK OVER THE LAST FEW DAYS THEY HAVE TRANSITIONED OUT OF HUNDREDS OF THOUSANDS OF SHARES BY SELLERS WHO EITHER HAD GAINS THEY WERE CONTENT WITH, TRADERS WHO WANTED TO FREE UP SOME CASH OR PRUDENT SPECULATORS WHO ARE NOW IN A POSITION TO BUY MORE. MANY HERE ALSO CALL MANIPULATION WHEN MOST(80+%) OF TRADING IN THESE SUB 50 CENT PENNIES IT TRUE RETAIL TRADING/FLIPPING AND NOT MM "MANIPULATION. ALSO SHORTING A PENNY IS VERY EXPENSIVE AND OFTEN REQUIRES DOLLARS OF MARGINABILITY WITH A CLEARING FIRM, EXCEPT FOR "MARKET MAKER SHORTS" WHICH USUALLY GET COVERED.
SORRY ABOUT CAPS MY CAPS LOCK IS STUCK!
GLTA AND MAY WLAN CLIMB TO NEW HIGHS.
This is notice for those who think my cautionary comments about excess speculation and cheerleading are somehow "bashing" that I just bought another 100,000 @ .066 just as I bought 100,000 yesterday @.07.
I normally don't discuss my trading, but think it important folks respect my opinion that I am GAMBLING, not investing. I certainly hope any money at risk for my fellow ACYDers is spec money and not needed for rent or mortgage. Please bet with your head-not over it.
I certainly hope you are right as I own a chunk of stock. The point I'm trying to make is if somehow it all vaporized I can't lose! I have taken my original stake and a decent profit and rolled it into a more diversified portfolio.
I think ACYD/WLAN will grow and prosper - that is not the point.
If you are content betting your way - continue. But it is clear to me their are very young buyers and folks waiting for payday to buy more. That is just nuts IMO . Encouraging casino behavior with the equivalent of your social security check has bankrupted many seniors in Atlantic City & Vegas. Anyone who thinks the pinks are an investment and not a speculation is just wrong on this tier with stop signs put up for a reason.
Don't want to be an alarmist, but this morning a 15% drop in price occurred on a couple of million shares.This is exactly why it is critical for traders to take their original stake off the table as soon as possible in order to protect themselves. I know everyone believes in blue sky and I think this is a great little company- but when major selling comes in it is like catching a falling knife and today's action will be minor. To some I know this may be heresy but really a warning to newbies is to bet with your head -not over it. Thousands of people get burned in the pink sheets every month. I know magical thinking says it can't happen here. IMO
Seems a lot of us are getting great returns on capital because John Folger had the smarts to rescue his shareholders with a viable merger candidate when his predecessor business plan didn't work. Dozens of people many who were quite critical even slanderous of Mr Folger now owe him a debt of gratitude for architecting a rescue plan and not kicking ACYD into Chapter 7 . I for one owe him a steak dinner when I next get down to Florida. Go ACYD!
For every buyer there is a seller so the REAL ratio is 1 to 1. The calculation of buy vs sell volume just indicate bid/offer buying and selling. Today, most buyers are paying the ask and most sellers are selling on the ask as well in a ratio of 10 to 1.
The market is balanced at this moment at the price prevailing. Aggressive buying moves prices higher, and aggressive selling moves them lower. As we all know prices fall much faster than rise when sellers crowd the exits. Mike I appreciate your long time presence here and know you know all this, but some newbies are betting over their heads and not acting prudently but rather speculatively. IMO
GLTA
This mornings market action is quite positive. The sellers represented by ETRF, NITE and CSTI selling large blocks are prudently limiting their exposure and either taking some cash off the table or rotating into a more diversified portfolio. Fools my friend believe only in one way markets.The new (BIG) buyers are doing us all a favor allowing some to exit and establishing a higher base. I won't criticize your trading style nor will I blindly cheer lead what has already been a fabulous trade. Instead I am prudently reserving some cash to pay taxes on my already substantial gains!!
Started with 3.6 million. Own fewer now. Holding for the pop. Taken substantial cash off the table.Good luck to you as I know you are a good friend of the company. Bulls make money, Bears make money, Pigs get slaughtered is an old Wall Street truism.
Chitown, Wholesaling is selling to retail like Fidelity for example. If they can sell profitably from inventory fine , if not the post the customer bid/ask or execute against other mm prices. Having been to their offices in Jersey City I can assure you the trading in this little guy is almost completely by machine with limited human involvement.
I'm sorry I am long and profitable in this stock, but I am amazed at some of my fellow stockholders comments. Knight Securities (NITE, ETrade Financial (ETRF,and Colin Stewart (CSTI) are almost completely reflecting customer orders with their price quotes It is not reasonable to believe they actually care whether this or most other stocks they TRADE go up or down as long as they can TRADE the volume and spread.
There are many other inaccuracies on this board by new speculators in penny stocks. The ONLY way to consistently make money in this market or any other in my opinion is to use aggressive money management-- take you original capital off the table as soon as possible and ride your profits.
Anyone betting their paycheck or playing with the "milk money" needs to exit, it really is dangerous and anyone calling this investing and not speculation is fooling themselves. IMO
wHERE'S BIG AND HIS CREW?? AREN'T WE EXPECTING A WHOLE ENHANCED REPORT FROM HIM ON SUN?? SOMETIMES FACTS CHANGE AND SELLERS GET SPOOKED. ONCE WORL SHOWED UP SEVERAL DAYS AGO TO BLOW THIS UP THE WRITING WAS ON THE WALL.....
Make it so with a SIZE buy!!
Prudence dictates catching the falling knife in this case. The opportunity appears MUCH better than the risk. This should become a true penny stock (.01) in the very near term IMO 7 X today's price.versus a complete wipeout of 1 X today's price GLTA
PS for the whiners bet with your head not over it
A prudent speculation breathes excitement into daily living!!
I could agree with you, but then we would both be wrong. Market makers do not - at least in the US make loans to company CEOs.
Sammy, thanks for the assist.
It is critical that this board deal in MOP facts, not fiction and or false info or innuendo. This stock trades on an unsolicited order basis and is currently utilizing the ARS (Alternate Reporting Service) of www.otcmarkets.com to post required information prior to a full 15c211 filing by a BD and approval by FINRA not the SEC to commence full tier trading. This will significantly enhance liquidity as you know and allow the non performing free share posters to liquidate without crushing the bid (You know who you are) as multiple market makers and more brokerage firms will commence trades.
As with any equity security - fundamentals sales and earnings will move PPS, therfore hype, excessive (and expensive) press releases or unnecessary dilutive and fruitless hiring of non-performing consultants while sometimes the case in penny stocks has no place with the current management.Sadly Mr. Diamond while desperate for capital succumbed to some "financial advisors" who in exchange for vast quantities of "free " stock delivered little. You may examine the publicly filed financials at www.otcmarkets.com , look at the balance sheet and income statement and form your own opinion. I know I have.