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I received an email saying otherwise. Please provide proof. Just because a company hasn't reported news in a while doesn't mean they closed up shop. Penny stocks have been very slow this summer. This stock just needs one blip on the radar and it will soar. Those who sell for a loss will be sorry.
Use this below and complain.
http://www.finra.org/Investors/ProtectYourself/P118628
FINRA Investor Complaint Center
9509 Key West Avenue
Rockville, MD 20850-3329
Phone: (240) 386-HELP (4357)
Fax: (866) 397-3290
That was a smart move and I may do the same. I think you got it at the floor. This thing keeps dipping into the $3.53 range then jumping right back to $3.65. It seems like the trial results have been nothing but positive and a buyout is still not out of the question. 4th qtr. is going to be very interesting.
I RECEIVED AN EMAIL FROM TANKE. I've been working hard to do some DD. Please read below. My suggestion was for them to release news. At lease it's something. They have a pulse.
Dear Jeff,
Thank you for your email and suggestions. The company and management team has been working diligently to execute our business objectives. Being a public company we constrained about answering or giving comments that are not public information however it is our intend to maintain the public abreast of important developments and as such we have been making good progress which should be announced in the not distant future. Thanks again for your email.
Best,
ARTHUR KING
TANKE INC., Office of the President
9630 Clayton St.
St Louis, MO
Tel, +86 189 1658 2839
URL: www.tankeinc.com
Hopefully there's news this month. If this was a dilution scam, the float would be much much higher. It's only $5.5MM. The company wants this stock price to go up. Everyone take advantage of this low float, buy this, and the price will go up significantly. It will get back on the radar with big gains, bigger volume, and news.
I think a lot of people on this board missed the conversations people had with Bob. Can someone please summarize? Thanks.
I'm already counting this as a loss, but is it at all possible this makes a run first after the split before tanking again?
DNAX is #4 on IHUB breakout board and today is Friday so people are cashing out for the weekend. Once all the tricks are over and news comes out, this will soar. Don't get tricked and sell on these dips. Buy before today's close or you'll be chasing on Monday.
It didn't stop trading. The ask just needs to come down to where the price and bid are for peep to buy. And obviously no one wants to sell at .0119. People are watching. I'd rather no volume than dumping. A tip for buyers, this can be purchased at a price below the ask, I've done it. 4 people trading this stock can get this moving.
Oh, I got the company info from hot stocked. Not a bad site for penny stock info. I have no problem with you shorting this at all. That's your opinion and strategy, but by you shorting it and yelling scam, it just seems like you want everyone to get scared and dump their shares so you can profit.
I know for certain that there are buyers at the .012-.013 range including myself. You saw it the other day. And If you still don't believe me watch Level 2 when the ask price is lowered. The company could be planning another round of promos to pump this. If this gets back on the radar, even a volume of 200k will make it soar. The company wants the price to go up too. They’re thinkin up a strategy right now, scam or not. When TNKE had promos going on this stock soared to .47 cents. Then when it dropped to .05 it shot up to .142. It's that volatility that makes this a nice play.
http://www.hotstocked.com/companies/t/tanke-incorporated-TNKE-119278.html
The ask is just too high at .0148. Once it drops you'll see buying at closer to .0119. The bid and ask size are pretty even. There's buyers here.
If you start buying at .0119 you’ll be able to make a 40%+ Profit very quickly. That’s what everyone is here to do right, make money?? If you want to short it fine, you’ll be waiting a long time but most people here are looking to make bank quickly or maybe reduce their losses by getting this price back up.
There is just no proof this isn’t a real company. The US address is 530 Lytton Ave., 2nd Flr., Palo Alto, CA 94301. The phone # is 408-202-6080 and the voice message is Joseph Weinstein, former CEO and still on the board. He called me back but I was in a meeting. Who better to ask to get some insight on this company.
Price up 17.6% from yesterday, huge price swing between .0081 and .0149 today, 504k in volume, chart showing up from here. This stock is changing and will be noticed by new investors. It will show back up on boards soon. There's money to be made.
The company wouldn't dilute by selling 123k shares at .0081. They would have sold at a much higher price. That was a short or a bag holder. That's what caused the price to drop suddenly. This needs buying volume at the .0146 ask price to move up. It's thinner than ever. This could run to .02 from here easily.
I wouldn't just assume they went out of business. Many penny stocks go silent for months then all of a sudden come out with news. It is slow in all of penny land right now. As you see today, there is still demand for this stock at the right price and the chart shows a reversal with not much resistance. I've already flipped this stock and made money, but I want more and can see how thin it's trading. You can try to short it but there are investors waiting in the wings here to buy at the right price. The bag holders are looking to average down, investors who are new to this are looking at that .47 cent 52 week high, and people watching this see how thin it is. If someone just decides to throw $5-$10k down on this, watch out!!
Buy, buy, buy. I couldn't agree more that this stock is thinly traded. That's what makes it a great short term investment for penny stock traders. The upside potential on this is ridiculous. I don't think the sells are dilution at all. I still think it's people who have given up and bought this when it was over .25 cents. It's extremely low volume. There is no proof at all that this is a scam and a PR or perhaps more news of revenue could come out shortly. Bottom line is you can buy a lot of shares now for .0142 and turn around and sell it at .025 or higher. That's all that matters. Nazulya, you've already stated that you are shorting this so we know where you stand. Good luck to everyone.
I agree but it needs a news update and volume. Every day trader/penny stock player should be interested in this. With a couple thousand you can move this up to .025. The whole market is down and you have an easy play here. If the selling was dilution, it wasn't that significant. I'm in this for a great short term play or long term depending on news.
I agree but it needs a news update and volume. Every day trader/penny stock player should be interested in this. With a couple thousand you can move this up to .025. The whole market is down and you have an easy play here. If the selling was dilution, it wasn't that significant. I'm in this for a great short term play or long term depending on news.
It's not dilution. It's scared investors taking losses once the bid rose a little. Everyone else is holding and getting ready to buy but they need news or volume. Most people can't afford to take losses at this price b/c they're in at .20 .30 and .40. I'm not in this for the long haul but I believe it will have a serious run soon with not much volume and I have deep pockets ready to buy. It's one of very few penny stocks not being manipulated right now and is here for the taking. The more volume, the more this will get noticed by other investors.
Nice. Many investors including me just waiting here for a lower ASK price to buy thousands of dollars worth b/c we know there's an easy 100%+ gain from here. There's no wall at all. This only needs a tiny bit of volume to take off. Some news would be nice as well to put it back on the radar.
There was some dumping today for people who need to cash out for the weekend but I like the .0184 Ask and we should all start adding shares on Monday. It doesn't take much $$$ to move this price up. I know there's buyers out there just waiting for the right price.