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I believe it’s because of an inverse relationship to the big board stocks.
Not positive on this, but I believe historically penny stocks do better when the big boards are down.
I am very sure about this, August is historically the worst month of year for big board stocks. Not sure the reason, it just is consistently.
Thus, as fall approaches, more eyes and movement on the little guys vs the big guys. I’ve heard ppl refer to summer in the otc as the “summertime blues”.
Just opinion/theory. No proven data to back it up.
Nice close. EOD buying pressure picked up quickly. Maybe somebody knows something is coming... maybe.
Either way, I’m sure everyone here is happy to see green.
Go ONCI!!
#RevenueRules
Lol, no I do not believe that is a win. It was shorted on the way up... would have seen about a 400+% loss on the way to the peak. It is almost a certainty that the broker would have forced a then to cover well before it reached .0192. If they didn’t, they would have had to wait several months to turn a maybe 70% profit, minus whatever charges are involved to short a penny stock, and that profit would be pretty much erased.
Huge loss, no matter how one wants to spin it. Facts are facts.
It was also not savvy for someone to short it at .007, then again at .009. Whoever tried that (or claimed to) lost in a big time way.
Round 2 will come in time.
Hard to believe anyone is still selling 11s. There was only 1 trade at 10 today (so far), for only 3,500 shares. Anyone selling at 11, could easily sell at 12 with a tad bit of patience.
I’m not in position to add right now.. only reason I’m complaining. Take advantage of these 11s while you can. Seems to be a very buyable bottom. Anyone bidding 10s, good luck but I doubt you ever get filled.
GLTA.
Go COHO!!
Here’s an alternate point of view on this list, courtesy of M777:
1.BMW -- Requested app to be translated into 7 languages. They are testing now.
2.GENERAL MOTORS -- Requested too many technical changes
3.Kia Motors -- Never anywhere did SB utter the words KIA
4.San Antonio Mayors office -- We lost this deal to a competitor
5.Uber -- Testing units now
6.Toyota -- Again, ONCI never met with Toyota. We have sold various Toyota dealers
7.Ford Motors -- SB had meetings, he announced meetings. Why assume a sale to them? They are vetting the tech now.
8.Uber NYC -- No different than UBER, never was a separate announcement
9.QVS --What even is this? Do you mean QVC? Or CVS? SMH.
10.Michigan Government -- We had a meeting with them
11.Mobile dental LMAO -- Will be set up within 30 months.
12.Medical Marijuana Las Vegas -- We went to a MJ trade show in LV. That was all that was announced.
13.Costco -- Shareholders set up meetings. Getitng into Costco is not an east feat.
14.Dubai Taxis -- They are testing Fleetsafer now.
15.Careem -- Meeting was announced. Never was a deal.
16 Dubai major meeting 1
17. Dubai major meeting 2
18. Dubai major meeting 2
19. Dubai major meeting 4
20. Dubai major meeting 5
21. Dubai major meeting 6
22. Dubai major meeting 7
23. Dubai major meeting 8
24. Dubai major meeting 9
25. Dubai major meeting 10
26. Dubai major meeting 11
Can you please be more specific with the above? Without a company name, this is simply nonsense. We went to the Dubai car show and met with various companies to pitch our apps.
27. Dubai Newspapers -- Links have been posted with interviews with SB.
28. Japan insurance company meetings -- Again, meetings do not equate signed deals.
29. Medical marijuana Vancouver -- Meeting was announced three weeks ago.
30. Private labels lmao -- cTheRoad.com is one. These deals are in the works right now.
31. Carmax (still unverified) This is a REAL DEAL
32. Auto Nation (yes also still unverified sadly) THIS IS A REAL DEAL.
33. RTA -- Meetings announced.
34. Dubai Police -- Meetings announced
35. Share reduction -- Was completed on July 5th and will appear in the next Q out 9/15
36. AUDIT -- This was rehashed over and over.
37. Name change -- I'll side with you on this one...where is it?
38. Re Domicile -- Paperwork was filed--will come with Hexagon name change.
Hold your shares, MMs playing games trying to create some panic selling. 24 million bidding at .0010, only sell was for 3,500 shares.
Don’t get fooled into selling right before the run.
Go COHO!!
This company is a diamond in the rough in the world of the OTC. Having a company with all of the below traits is hard to find on any sub-penny. Damn near impossible.
COHO facts:
OTC Current status.
Profitable and growing revenue.
Stable business with growing client list.
Guarantee of no dilution for debt payment until 2019.
And finally, having a solid CEO who is financially invested in the success of the company.
(if anyone knows of any other stocks that fit this bill, please let me know, lol... but seriously).
With the above said, I see this company as extremely undervalued, certainly worth over .0050 at current standing, and likely more properly valued around .02-.03 when some recent and forthcoming developments start contributing to the growing revenue.
The chart took a much needed dip on Thursday (kinda scary, due to how fast it happened). But after dropping 7 points to .0010 within 30 minutes, the price held strong. The chart and technical indicators are now screaming BUY!! At least that’s how I see it.
With the state of the company, possibilities for further news/developments in the near future, and what I see on the chart, buying now will return some serious gains. I’m loaded up, and not selling less than .01.
Go COHO!!
All posts are my opinion only.
Patience and shares... all that is needed here. Higher highs are coming.
I’m loaded, thanks for the 11’s and 12’s.
Go COHO!!
12s now are yesterday’s 11s... loading zone. Going to take a while to get through these teens, but will thin out eventually.
Go COHO!!
Thank you.. whomever.
Go COHO!!
8/9s Not likely at this point. Would have already seen them. 10s are usually hard to break, either direction, and showing strong support here.
I got an AON order in for 3mil at 11. Anyone care to sell to me?
Go COHO!!
This has a lot of room to run. Just blew through the recent highs at .0008, and RSI still very low. Still 3 hours today, could see 200% gains by close, and likely close at HOD. Run should continue into next week. 10s a great spot to get in.
Go LCLP!!
Congrats to the longs, today is just the beginning. It seems there will be several other good news PRs in the near future. Feeling lucky to have jumped in here, wish I had bought more.
Go LCLP!!
Savvy investors are loading this dip. Revs were not bad, just not earth shattering great. This is a growing company with a solid CEO, hence the growing EBITDA, even with a slight slump in revenue.
The recent acquisition will start showing revs in the next quarter and then both revenue and EBITDA will be up. Not to mention, more acquisitions on the way “soon”.
These prices won’t last long. Couple days at most. Take advantage if you can.
Go COHO!!
I see what you mean, and am on the same page. Support is there, and I highly doubt we see it broken. 14 close wouldn’t bother me a bit. I said the other day, we need some red on the chart. After the dip to 10, mine as well be today.
Great buying opportunity right now.
Go COHO!!
Agreed L2 shift in progress. Should start to climb back up from here.
Go COHO!!
Yup and Bids growing.
12 mil at .0008 is nothing. If 8s fall, should be pretty thin to the low teens.
Go LCLP!
With ya.. I don’t get the dump. Progress is what i see. These prices are a gift. Get em while you can.
Looks like somebody just bought all the 6s with 1 order. Nice.
From today’s PR:
“I am spending considerable time looking for potential acquisitions that fit our business and that can be purchased for a reasonable price. I am confident of finding an appropriate target very soon.”
Ask reduced.. 11mil at 6 is nothing. Just a little buying pressure would push this back to 8.
Go LCLP!!
Thanks for the answer. My plan is to get there eventually, I’ll be holding.
Go COHO!!
Ok, I’m jealous. I don’t have money like that.. I thought I had a lot of shares, but I’m nowhere near what you got.
Question for you. Does your broker allow you to use margin funds on pinks? If so, what one do you use? I have margin with TDA, but won’t let me use it for a pink sheet, has to be big board.
Go COHO!!
#MillionaireMaker
I very much agree. CEO is not focused on hype, just results. It’s refreshing.
Couple that with the company’s progress and share structure, and it certainly does not warrant a PPS in the under .01. Just a matter of time until this PPS surges to more realistic levels. I’m not one to put together a good valuation (I would appreciate it if somebody does, I haven’t seen one), but that’s what I see... shoot from the hip guess says .025-.03, short term, within a couple months.
Go COHO!!
All posts are my opinion only.
Right. That’s some pretty solid bid support. Chart is stair stepping nicely, 5s should be the bottom here, building up for a breakout to higher levels.
At least that’s what I see.
Go LCLP!
Ok I’m in, thanks for the 5s. Looks promising here, little news could send this out of trips.
Go LCLP!!
Right on.. I got an AON order for 5s in. Ask almost big enough to fill.
Doesn’t seem to be much interest here, chart looks good tho. Watching for now.
GLTA
Thinking about jumping in here.
What kind of news is expected? Merger?
TIA
My favorites are 17-26.
Transparency....
Go ONCI!!
I hear ya there... might be cup n handle, but I thought we’d see a close around 20-22 before the Handel.
I was kinda joking tho... of course I’m not disappointed about not losing money.
Handel might be forming, but we are going to need some actual red days to keep moving up. I know that sounds backwards, but it’s very true. Nothing runs straight up with no red days. With the dip we saw today, I was actually rooting for a red close to get it behind us.
Either way, higher highs are coming.. I haven’t sold any shares, and will not until much higher PPS.
Go COHO!!
Anyone else as disappointed as I am about closing at 16? After the up and especially the down today, I would have rather closed at any other number we saw, red or green. Red days are going to happen, and are needed to sustain a good run. Now that we’re back at 16, no idea what to expect tomorrow.
Make money or lose money... just 2 options... breaking even is not why I’m trading pinkies.lol
Go COHO!!
Heavy bid support at .0016, foolish to sell at .0017. Imo.
Go COHO!!
Nobody selling at .0016, gonna have to slap the Ask to join this ride!
Go COHO!!
Nice day here. A little consolation/profit taking as we churn through these teens not hurting anything.
Higher highs are coming. Hold your shares... but I’m ready to add if it dips.
Go COHO!
Truth.. Also 2 at the exact same time. Those are the ones that get me excited.
Go COHO!
14s getting hit pretty good, let’s see a HOD close!!
Go COHO!
Whoa.. 13’s getting eaten up quick!! Major buys coming in.
Go COHO!!
Nice accumulation going on here the past few weeks. This resistance won’t last as long as everyone keeps loading and holding. We’ve seen some major asks get slowly wiped out all the way from trip 8s to the 13s now. 12’s are the new 11’s, tomorrow maybe 13/14’s will be the new 12’s.
Higher lows and higher highs are coming.
Go COHO!
All posts are my opinion only.