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That gives a market cap at this price of about 2M - only!
Dum dum dump into our pock pock pockets! lol!
Loading up over the last couple of days!
Based on that ratio of stock increase, the stock price should now be .15 !!! (1/55th of $8.00).
Well, you were CLOSE! lol! You said it would close ABOVE .0275. Nice call, actually! I'm in here because of you, and have already sold some at profit, and then bought back 4X as much near the low today!
It was done on purpose until all (or most) of the conversions had taken place, along with withholding any news. So now that the majority of dilution is finished, filings to bring current and news are supposed to be in abundant supply - all this according to the CEO.
Looked for it, but couldn't see the frontloading you speak of.
Well you're completely INCORRECT. A "patent pending" stops anyone from duplicating the unique features of a product, because if and when the patent is awarded, those who copy will owe!
I'm not talking about their increased A/S. That's not dilution. What IS dilution is what's been happening the last few days and will happen, (according to the CEO) on Monday. THAT dilution. That's shares being dumped directly into free trading shares, thus increasing the O/S as well as the FLOAT. When THAT dilution ends (or tapers down to a fraction of what it has been), which has been promised will happen after Monday - THEN we should see a spectacular rebound of the SP!
You mean beside the fact that their O/S has increased substantially? Market cap is what it's all about. The more shares, the smaller the price - but stop the dilution and increase sales/pipeline and price should increase in a beastial way!
But when they come off the bottom with the promise of dilution drying up and with very promising projects in the works, that is a good time to make some money.
How many investors in the Pinks have every collected a dime in dividends, or been the beneficiaries of a forward split? lol! How many Pinks have survived over time in the same business? They come and go.
Like a lot of people, you're a failure until you succeed.
Not bad for a Friday and with some dilution and no news! Beautiful pennant forming!
Thx for tip on other stock. Got in just before take-off!
Hahaha! Great way to do it!
Gap filled? Where? I thought you said .0038! lol! You can't say there's a gap that needs to be filled at .038 and then claim to be right because the price hit .004! lol!
Any Level II will tell you the .0035 is the low of the day, no matter what your chart tells you visually!
Restrictions are good!
There's your dilution - 8M. Already done for the day.
I'd guess not. Note holder can only sell so many shares on any given day, which is why CEO could anticipate Monday being last day for this note holder.
2 day cup handle. 2 hour mini cup handle. 2 hour simmer at top of cup handle. EXPLODE! lol! (imo)
What chart are you looking at? Lower lows? That's a lie! Today's low was much higher than yesterday's low!
Let's not get too excited! That 5.50 was before all the dilution. After we break through .006, next stop .012!
There's is not "a full day of converting." That makes it sound like they can convert an unlimited amount of shares all day long. They have a specific, limited number of shares to convert today. My guess is that # is around 8M or less. Same for Monday. That's it for conversions!
Well, approx 168M + 16M would be 184M. Getting close to what WAS half of the A/S (400M), which is why they needed to increase it.
Still - 184M X today's closing SP(.0045) = $ 814K (approx)market cap.
That's a joke, when the market cap could easily be $10M - $20M. That's a SP of in the neighborhood of $.05 - $.10 - that's based on what they have going on NOW, that we know of. From the sounds of it, there's going to be a lot of really, really good news in the near future, so that SP could easily be much higher.
Based on news so far - this company is lining up the ducks and getting ready for TAKEOFF!
Biggest plus for me? The transparency being exhibited by the CEO.
All imo.
Noteholders can usually only sell a limited portion of their total conversions on any given day. Lately it's looked like 4-8M or so per day. That's why we can be told Monday will be the last day for this noteholder. He already has the shares, but can only sell half (or so) tomorrow and the rest Monday. This CEO is right on top of things - more so than you usually see - meaning he's concerned with price.
I'm going to guess. We close at or about .006 and take off from there tomorrow. Just a beautiful little cup and handle!
At the I/O share count stated by the CEO, we're at less than $700K market cap!!! LOTS of room to run!
link?
And meanwhile, after saying he wasn't buying OPTI because it didn't break .045 the first time, he went over to PRF*C, which he thought was breaking, and which promptly dropped! lol! But we should DEFINITELY listen to him no! lol!
Standing by a broken window with a baseball bat in his hands - " WHO, ME??"
LOLOL!
FTX*P must have stalled - just a minute, I'll check! - Yup, it needs more buyers to move up! That why you're using 10 month old "facts" to scare OPTI shareholders out of their shares?
Shakin' the tree - tryin' to separate those that bought in the teens from their profits.
Gonz just comes over here when his darling ticker, FTX*P stalls, trying to chase money his way! lol! Watch - whenever that ticker climbs, he's nowhere to be found here! lol! But when it stalls or retreats, BOOM, he's over here using 10 month old facts to try and scare people his way! LOLOL!
Market Cap sitting at a mere $1M. Should be AT LEAST 10X higher.
Trading like an absolute CHAMP!
Thought someone else would have said this by now, so I guess it's up to me. OPTI #1 on the Breakout Board!
Thought someone else would have said this by now, so I guess it's up to me. OPTI #1 on the Breakout Board!