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Need your help this time folks. If we want .15 it's gonna take new eyes. Everything you GOT.
Nice green light today, I'm unchained this time. We based higher than the last floor and consolidated too without news. 08 to .12 is possible this time. Even more
I don't know about you guys but, I see a big green light for next week. What this stock needs right now is new buyers, some that will hold. I am curious how many big sell walls no longer exist from the earlier run to .07 which cleared off some bag holders. Will the stock have higher support now they're gone? Believe it or not, that's not off the table. If new buyers come in and aren't scared away by the break even sell walls from last year you could realistically see something great happen. There is always one OTC ticker that finds an enormous amount of followers seemingly all at once and that is when the miracles happen. With that said, the ticker will need inside help for sure. And by that I mean they should take a "do nothing" approach while this develops. The watchlist and following is dangerously low already. But that can change under the right circumstances.
Things just got interesting in my opinion. Today was sort of important to me because there was a risk here of new shares hitting the float. That did not happen. There is a narrative here with the trading action which suggests we are trading to far below value and for to long. I'll admit, I am intrigued at this point. How high will they let this run I wonder? We closed much much higher than the last time I marketed this with the horde. I believe last time it was .018 and went to .07's? (briefly) Makes me wonder, what kind of potential for a new top we have here given the fact that we based around .03's this time. I think I have a chubb.
Oh wow. I just checked back in, was not expecting to see a green day today. This is actually exciting now.
I don't see much selling power yet, if it stays this way the rest of the day I look forward to sending out the buy signal to some big groups. The last thing I need is for new buyers to get dumped on right away. I want people to actually MAKE money, not lose it. Will check back again end of day. Personally my hands are diamond here regardless but Im fully aware not everyone has the same time frame as I do.
I'm pitching hard over the weekend fellas.FYI. Withdraw my pitch if I spot inside selling or large scale dumps today or tomorrow. Hopefully not
Yeah but if no preferred get unloaded I'm going to put the call out over the weekend again same as last time when we ran 300% post earnings. I have a big audience. I'll leave no stone unturned so keep an eye out today and tomorrow. If no dilution this will run next week
Uplist requirements a (few)
Shareholder equity of at least 2,000,000.00
100,000 shares of public float
Minimum of 300 shareholders
What's up with the spread? .0222 to .0661? Is that a typo
I believe that S-1 is the initial public offering if their stock gets approved to uplist to NASDAQ following the R/S. That's basically their IPO proceeds with the uplist and was designed to net them the proceeds to buy controlling interest in Asia Pacific Logistics and raise their total revenue an additional 400 million per year. The proceeds will also cover underwriting costs as well. Following the ipo and uplist it is believed they will then close the Asia Pacific deal and begin with the press release campaign to attract banks and institutional investors.
800 million OS is still less than ILUS. That ticker closed today above .14- Wouldn't it be nice if this one could somehow do that?
If and when. If and when. If and when.
Why is this so low and almost no bid? Anyone? 8 or 900 mil isn't terrible for a public float. Do they have any revs?
I only come in here to say Hello and have a great day. Hardly even read anyone's post because none of it even matters. Have a great day!
Full disclosure, if and when, this share price shows upward strength and actually HOLDS gains I will be happy to read everyone's post at that time. For now, I already know what to expect and have no need of paying attention to everyone's short sighted perspective.
Good morning longies. Hope everyone has a great day today! Got paperwork all day today. Hopefully this stock starts to attract attention more on the long side than the short.
Would be insane if Sunandan got tired of seeing his shares worth close to nothing and suddenly started buying back shares quietly just for the fun of it. Or if he got some of his associates to do it in a concerted effort to generate interest. I'm sure it wouldn't take much buying power to 10X this ticker and effectively land it on the map. Of course, certain unmentionable parties would need to abstain from selling into the bid for that to happen.
I wasn't fact checking my reference just ballparked it. Hopefully this ticker is given a chance to move up before anyone ruins the momentum. Not getting my hopes up though.
Truthfully any prominent OTC front loading group could latch on to this float and lock up the sell action simply by holding and force a very very big momentum run. The problem is, the majority of front loading groups have dissolved and that phenomenon is pretty much scarce now. We hit massive resistance last time at .07 and it scared out all the newbies I had pulled in from Facebook. Which, that was unfortunate but not unexpected, maybe the resistance won't be as bad this time given so many people who wanted out were able to leave? I don't know. Will it go up? Only if it is allowed to. I don't know if it will but I would point out ILUS which has a public float of 900 million or so and trades above a dime. Is this thing beaten up? Heck yeah it is. This is the Rocky Balboa of the OTC
Good morning UNQL. Hope everyone here has a great day!
GOOD morning longies. May the sun shine upon you today!
I might go ahead and pull some buyers in over the weekend from my penny groups. Feel like there's support here. I don't think I will though because I don't want high volume to trigger inside sales. Since I can't really rely on our insiders to be kind I'm going to withdraw my pitch. But I could probably easily get us to .06 next week if I wanted. Real talk.
Have to admit though, this has been trading really clean. And thin. Hard to believe it won't rise. All BS and FUD aside.
GOOD morning UNQL. Yes retail can short OTC stocks with special permission from certain brokerages. The broker requires cash collateral in the account and you just need to request permission up front. They don't all allow it, however. Also- Institutions or hedge funds that run their own brokerage can play short games to with a high risk tolerance. IMO though this stock has reached a point where there is not much money to be made on the bearish side. There seems to be more meat on this bone riding it up rather than down. Happy Friday!
Most of the FUD already priced in imho
Level 2 thin back up to .06 if what I saw was accurate. The only ask blocks to worry about would be retail and probably not huge obstacle to overcome if we got volume. Insiders stand to gain more from a higher pps, good chance this will be unchained finally and allowed to move up. Doesn't matter much to me at this point. I need to hold through April anyway for my full year
Agreed, that is one way this stock can move up where it belongs, more support from stronger hands and a locked float will make this turn bullish. I saw it happen with MITI when we locked that float up the move was .02 to .50 before it went south. Can happen in the span of a week. It CAN happen at any time.
They have the right ingredients to generate interest from investors. What needs to happen is a serious uptrend without any dilutive suppression. If the commons who hold long saw some value or higher support, then the rest would follow and hold longer too. Right now the narrative is FUD. Actually a two sided coin because without the FUD it would be impossible to get two penny shares like this.
I literally GUARANTEE, this sp will bounce back up again. Why? Because your looking at one of the main reasons it bounced after earnings last time. Yours truly pitched this Ticker to over 5 penny stock groups on social media with a collective membership average of around 100,000 people. Which means that even if only 1 % of those members rolled the dice and took a position the volume increased exponentially. Granted, I was helped out by the fact that earnings came out after hours on a FRIDAY, which meant I had all weekend to make my promo work. This was a circumstantial anomaly. You might say it was nothing, and I'm being self indulgent in my presumptions. However, I've been involved in this Ticker for a long time and saw stellar earnings do absolutely NOTHING to the sp because of no visibility when I didn't advertise their report. Therefore logic would suggest my efforts were in fact, successful. I'll do it again sooner or later. I'm in no rush
Everyone has their thesis and worst case scenarios and FUDSTER hypotheticals but we all know the real reason this is lower is because it doesn't have a supporting cast in commons who can hold long. The float may eventually be locked up by longs over time, but from what I can see the biggest hurdle for this stock to hold gains is simply to much sell pressure from the commons. Not to mention Insider Financial jumped in after last earnings and artificially inflated the sp before they dumped what was likely a MASSIVE position. Anytime you see insider financial pumping your penny stock on ST it means there's only gonna be one day at most left of gains before they market sell to the bid. I see it every single time. Unfortunately that's how come the gains were so weak at .06 to .07 those guys dump heavy.
The fact is, stocks like this have the power to run higher at any given time. The public float isn't bloated enough to require much volume to do so. Furthermore, there simply isn't enough money to be made at the current sp to profit from a bearish pposition. That turnip has already been squeezed. The lower it gets sold off the easier it simply becomes to ride it back up. END OF DISCUSSION
Also, if your smart. I would be buying these prices because I'll be back on the campaign without warning when the time is right.
Listen. When an OTC ticker has nothing going for the business behind it they will dilute nonstop. If the ticker is on a public float of 264 million like this one regardless of what COULD take place. It means they aren't diluting heavily or selling preferred due to the fact that there is more value than retail has appraised the stock. Pure and simple. Red flags or not, 264 million in the float can move up quickly.
Not a bad looking close but what else would you expect with no dilution and a 264 million public float. Honestly if this thing found institutional buyers down here (and it very VERY clearly has not as of yet)- The share price would easily hit .30's on this size of a float regardless of the bid whacking retailers racing for a lower sell. (Bunch of damn morons if you ask me every one of em.) I seen other companies with attractive financials and 320 mil in the public float hit 1.20 after trading around .15 or .13. Marimed is one of them. Just needs institutional buyers to bring it up.
Correct. 9 million share float could really go nuts. My guess is they have the Asia Pacific logistics acquisition on deck to try as curb appeal for new buyers following the up-list. They would probably let this go nuts for quite awhile after NASDAQ.
As far as the current share price goes, and the pattern of trade here. Anyone selling for a loss down here will have to reconcile their own stupidity when the share price goes higher on heavy buying volume. These things have a way of happening. Could it go lower? Sure. Why is that such a problem unless your buying shares with rent money? Just think of all the people who sold last time before our run. Some even sold .018 if I am not mistaken. We saw .07 not long ago and everyone who paper handed those .02's got to eat crow.
If they successfully up-list to NASDAQ the stock will be available to thousands and thousands of institutional investment firms. Not to mention more retail aggressive investors. I'm not sure how the preferred structure would work after an RS- 250 million would be the new "authorized" amount and roughly 35 million would be the float after the initial public offering, including the existing public float. With that being said, I believe insider holdings are also affected by the split ratio which reduces their own dilutive potential as well. Depending on how attractive they want this to be as an investment after the up-list will determine whether or not buying power flows in from funds. I have seen 35 million share floats absolutely fly. I watched ORPH fly from 2 bucks to 70.00 on a 35 million float. On NASDAQ 35 million is always a squeeze candidate.
The AS at 800 million shares means the outstanding shares will not exceed 800 million at any point. Unless they produce a filing stating the intent to raise the AS then that is the maximum amount of shares that will be available. When Sunandan raised the AS it was a planned anti-takeover move and not related to dilutive endeavors. You can pretty much just ignore anyone preferreds or concerns of dilution greater than anything that equals 800 million shares. Not really a diluted stock to be honest by comparison to most other OTC stocks. 264 million in the public float is easily a manageable and practical float for retail. The problem is the idiot paper hands selling at a loss, coupled with the large sized scalpers who pressurize the price action when there are gains. That is the problem. Honestly this stock isn't close to being a bad investment at this price range imo.
You are correct. The flippers provide liquidity, but they also absorb buying power on the way up and shake out newcomers who might otherwise help keep a higher support level is the pressure wasn't so high to hit the bid. No? Just saying this stock needs to let the newbies breathe when they come in. And it hasn't because the vets steal the show every time before we can break out. Admittedly we ALMOST got there at .07 on the last run. But it got hammered down by big sells. Go figure.