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And then what happens on MJAC day? Does it tank hard as always? I say INMG tanks to fill the gap at .016 on MJAC day.
No they won't. Those who don't buy won't be crying. They will move on to other stocks. However, those who buy INMG at 4 cents will be crying when this thing comes back down.
MJAC will tank the share price. happens all the time. hype leading up to the conference results in spike, then the conference turns out to be slightly different and everyone starts selling.
New investors are the ones who absolutely should stay away from INMG. If you are a new investor, you absolutely should not start out with an overbought stock. Most overbought stocks pullback 50-90% within days.
Sure INMG could explode, but the chances are slim. What happened yesterday had a very small chance of happening and I certainly would not risk buying this stock on my first day of trading.
Yo I just found out about BGFT. What the hell am I looking at?
Here's what I'm reading:
1. Stock created 9/19/2016
2. Yesterday's volume 5X total lifetime volume leading up to yesterday.
3. The RSI is roughly what it's been the entire life of the stock.
Every mj conference has been a bust and this one will be no different. When there is a spike leading up to a conference, all it takes is for the conference to not be quite as good as expected, and the diminishing interest in the stock causes the share price to correct.
Every time there is a share price spike leading up to a conference, the PPS drops on the day of the conference. That is a fact.
INMG HOLD = Victim of Reverse Split. There is not a single 12-month period in which holding resulted in a profit. These gains won't sustain.
Why would I slap the ask on an overbought stock that will pull back any time?
INMG's chart clearly shows that every big green candle is followed by a slew of red candles. As this is way overbought at 73, it is due for a massive pullback. Don't buy this crap right now. If it gaps up, sell immediately.
If the cream sales ever do happen, it won't be for a few months. I'd wait for the end of the year to buy OWCP if you plan to go long. The bottom is not in yet. The tankage is far from over.
Think about how it will feel after the reversal if you wait till subpenny to buy.
How strong is the support at .0030? Will it be safe to buy at that level?
Looks like it is settling around here.
DON'T BUY UNDER ANY CIRCUMSTANCES. SELL NOW!!!!!!
OWCP is the main reason i am pissed about federal regulations on shorting. If there were no regulations on shorting, I would have made a lot of money.
Great reason to short this:
This is dated 2 weeks ago. Nothing new came out today.
The trades at .039 are all wash trades. i would not worry about these. Like I said, patience, don't chase now. DO NOT buy this right now. Window is gone.
Okay, so if I interpret this correctly, investors should not keep their shares for more than 6 months.
New investors should not buy a stock as overbought as this because it is an obvious pump and dump. When a P&D goes up this much in such a short time, it is usually the new investors who get eaten alive. INMG is up 33%. That's too much. Every stock that goes up this much comes back down.
Up 32%. Can't get any higher than this. SELL NOW!!!!! take profits while you can, because it will pull back.
Very very overbought. There will be a mass sell volume soon.
This one is as dead as it gets. Not a single volume traded at all.
the only way we see 1.50 is with another reverse split followed by a dead cat bounce resulting from the RS.
I do think we can see a dead cat bounce. However, don't hold your shares too long because there will be a fierce and relentless competition to sell on spikes. Only the select few will get to sell.
The truth is that INMG does not have many long term investors. The absolute vast majority of investors on this stock are short-term flippers.
But it is a true statement, isn't it? Shorting OWCP the last 6 months wouldn't have hurt one bit. Given the trend and given the fact that OWCP is a pump and dump, why is shorting OWCP now more dangerous than buying?
Let me ask again, are you suggesting to buy now and flip or buy high at .03 and hold long? Because this won't be .03 a year from now. It's going to go sub penny.
INMG is just not the "invest long" type of stock. It will probably bleed slowly over the next few years followed by another reverse split. They change management every few years just to attract new investors, but the execs still earn a lot of money during their tenure, which is why they actually take those jobs. Stock dilution is the only source of revenue.
The last 6 months have been real amazing, seeing OWCP lose 90% of its value. Just so you know, OWCP didn't start out subpenny. It went subpenny for about a month, then bounced. This was steady state around .30 for a while before sinking subpenny.
The reason why INMG has not blasted the .03 barrier is because investors are scared to buy this stock, and with good reason, 2 actually.
1. From a flipper's perspective, the gap at .016 is like a weight on the back of investors. It is impossible to buy confidently until the gap fills
2. As for longs, the longs are real scared to buy and hold for a year because they know that the probability of a profit based on past history of the stock is close to 0. The longs are too scared to buy a stock that has gone through reverse splits that multiply to 500 million.
The only reason why INMG is dictated by the MMs is because the stock has no fundamentals. This is a fake company. If it were not a pump and dump, news would beat out the chart.
How many percent of the PGAS float is locked right now?
The reverse splits are huge. 10,000:1, 100:1, 500:1. Multiply them and you get 500 million. The faster this tanks long term, the sooner the next RS.
the fact that the product is 500 million means that this stock has done nothing but tank, which is why the magnitude of the RS's matters. Also, there is not a single 12 month period that provided an ample window to sell for a profit.
66 isn't that low an RSI. Sure there is room to go up, but it would not be a surprise if it goes down to fill the gap at .016. That gap will likely fill soon. This stock went up too high too fast. Needs a pullback.
I do believe that INMG could hit a dollar, but only on a reverse split. After all, there have been so many so far.
I use etrade, which allows me to trade any stock, including OWCP. I'm a little pissed they don't let me short it. Otherwise I'd have a lot more money.
I think it was TD Ameritrade that disabled trading OWCP due to the P&D confirmation. That's what I heard. There may be others.
No. What we are seeing is a settling down at around .28-.32 for now. Only news and lack of interest can change that. We know that there will be no blockbuster news before the end of the year and therefore, we likely won't see any lasting increases this year.
On the other hand, any day now, the .28 support will break. So far, .28 has survived due to wash trades, which can only last so long.
No need to buy this stock now. Little to gain, lot to lose by not waiting a few months.
Okay, I will prove it. Every one of OWCP's patent applications has been rejected with so many violations. The most common of those? Ideas that are not original. That's the very definition of a fake patent. Those patent applications were there just to fool investors. That's the truth.
As for the last part of your post, OWCP has been fully aware that investors mistakenly thought that the company had 7 patents. Their complicity has been proven 3 months ago. Despite that, Ziv Turner, Yehuda Baruch and the rest of their fraud team allowed the misconceptions to dominate. That is only one of the reasons why OWCP is a proven Pump and Dump.
Oh but I did. I proved so many times that OWCP is a pump and dump, from the fake patents, to the lack of information, not to mention how badly they incriminated themselves in the 10-k and the 1Q 10-Q.
That video provides a very coherent explanation as to how this scam exactly works. While you're at it, take some of your own advice if you can:
The bottom line is that Tempus spent 3.5 million dollars but they can't pay the cash right now since they are poor so they had to dilute the stock.
Do you realize that if Johan had paid the money out of his own pocket instead of giving shares, the OS and float would be lower?
I say this because if Tempus actually expects this transaction to pay off in the future and if 3.5 million is the price, then there is no reason why Johan shouldn't have paid it out of his pocket.
Which news are we talking about? I haven't really been keeping up with Tempus lately since the stock is trash right now.
Yeah and a $30 trillion annual revenue is possible if Tempus builds a flying saucer that can travel at the speed of light.
Tempus only boasts about what is possible, but they never state coherently in their financials what prnewswire claims accomplished.
If a large broker says that OWCP is a pump and dump, then it is. The banks don't screw these things up. In any case, OWCP is a pump and dump and here's the proof:
Anyone who buys INMG right now will be buying at the very top. The reason why I'm not buying right now is because I know that it will tank.
Those of you who disagree, do you suggest buying and holding or buying and flipping? Because holding is absolutely not an option. I looked through the entire lifetime chart and there is not a single 1 year period (min to avoid short term tax, like that even matters) in which holding results in any kind of profit.
Instead, I found so many reverse splits. If you multiply all the reverse splits that I found, the product is 500,000,000. If this company ever becomes a real company that is not a pump and dump, then that would be an earth-shattering record. No company with reverse splits multiplying to 500 million has ever been anything other than a pump and dump.
But the reverse splits did already happen, and they were significant. Why is that?
These are big reverse splits. One of them caused a temporary bounce before tanking, but holding this stock long terms is just financial suicide.
The company has made it clear that they are willing to dilute all they want and will do reverse splits when they want. The history says it.
I looked through the entire chart and I could not find a single 1 year interval in which holding the entire year resulted in anything short of a major loss.
All they do is change their employees and change their execs, then use that to attract investors. Wash, rinse, repeat.