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We need better news about the Project. How much lithium is said to be there or something. This is a bit shocking that ppl are giving up so easily. It will move. We should call Jordan and tell him to get something out cuz the price is terrible right now
What the heck is going on?? Why are ppl selling and it dropping so much with the annual report around the corner. Is something going on?
Nemaska is said to be top 3 lithium sites in the world. If we are next door we should certainly be in the top 3 when the findings hit.
This is UNDERSOLD if any. it is not even close to being oversold with a RSI of 48.55. This is a good buy
http://stockcharts.com/h-sc/ui?s=sney
I agree, I dont see why others dont. If we got volume this thing would fly and we could have crazier swings than SAEI. Up .12 and down .10 etc etc.
I think we will see a bounce tomorrow. I know it popped up on ppl's radars when it wwas down 30% on friday. Many like to come in when everyone is selling to come in and clean up. So I think we will go green
I dont think we will. Most people now are holding for .10 or higher because we feel that confident that it will get there sooner or later. Many in for the long haul. I think if u can load up in the 4's then ur good. Even with the big sell offs weve had the bid just hit .038. So I dont think we will unless some idiot feels compelled to sell a bunch of shares. If people would just hang on and not sell then the price will have to go up and they can sell in the 7's instead of the 5's. thats my 2 cents, lol
Is the next one sometime this week or he didnt give u any indication? thanks
This is true. I watched them hide several buys as sells and couldnt figure out what they were doing.
I just cant believe with an 11m float that OTGI didnt attract more attention today. Maybe we will see the interest tomorrow since everyone was playing their runners for the day when the news came out. I hope so cuz now its at .04. geez come on!
i wasnt watching the last hour of trading what the heck happened? I thought that OTGI would have jumped
Remember to put a sell order in for $1 or $2 or $3 so that the shorters cannot borrow the shares to short. This will tie them up thru ur firm so they cant short. If u are with Scottrade they do not allow shorting with stocks less than $5
My question is then why doesnt that reflect in the current share price? I feel the price of this stock should be more
Should that be this week?
It is building. It will move. With decent volume I know it could be over .10
I hear ya but Im talking about making thousands of dollars per trade. I was up $3500 before OTGI pulled back on me but those are the types of flips I look to make and more. I only have 300k shares right now. I may pick up more tomorrow and cost average down. I would like to be below .05. Unfortunetly, I missed it in the .04 when I bought in but I know this will move big so im not worried.
12-18-10 Quarterly report came out
http://finance.yahoo.com/q/is?s=otgi.ob
I don't know LilDream08, I dont know if we will see a pullback tomorrow. We finished with a strong close with all buys and I think the weaker traders have already sold off. We held .04 very well imo even with a big sell off that took place on friday I think we will see it possibly gap up in the morning. I know that becuz it was down about 30% on friday that it popped up on many ppls radars. I think everyone knows that its cheap and buys will come in. This is just my opinion and im sure some of u will wipe it on ur rear end but its my opinion. lol
Did anyone see the quarterly report that came out yesterday? Not that it shows any significant revenue but Im curious if since news came out yesterday if it will cause ppl to buy? When the annual report came out it look about the same but the stock flew so maybe this will cause it to run tomorrow? It shows that they are on top of their came.
After I spoke with Jordan on friday the stock dropped to .04. I ended up texting him and telling him that we needed some positive news about the progress of the company and their new Lithium project or explaining the new extremely low float. So I think he did his best by coming out with their quarterly report on Saturday.
I believe with such a low float and the way it moved on thursday with very little volume .018 positive swings that we will break thru .08 and .086 with good volume. I think that we could easily be over .10 in one day. If traders really focused on this stock with such a low float that we could flip this all day long with .05 to .08 swings. Can u imagine the money that could be made if we all focused on flipping it all day with way OTGI's price goes up and down? I have no doubt we could make lots of money. But its another story trying to get ppl to understand it. I can dream cant I?
Yes, I think it should be there now, actually easily over .10 right now. SNEY own 100% of the land they are mining. Very rare from what I can see in other exploration companies. Most that I have seen only a percentage. But beyond that they know for a fact that there is around 2.3B in gold there not including silver and rare earth. I am still fairly new to the penny world but it seems that penny stocks are not ever priced accordingly to the reserves that the company has in its product. In this case gold. Thats just my opinion but even basing it on the 1.45 million ounces that they have extracted from the ground still doesn't give SNEY's stock price .01 with a 650m float. I forgot to ask, why did they increase float? I would think they would want less shares available to give their stock a better share price, right?
That makes sense. I appreciate everyone providing me with information. I have a decent amount of shares in my opinion 1.5m to be exact under a penny. Im glad I bought under a penny and not when it was around .015. But can anyone tell me why the stock dropped the way it did last week? I guess I dont understand as to why the stock is trading under a penny when they bought the property with 2.3B in known gold from the NI 43-101 report I believe and the river has produced 1.45m ounces from the river and they are producing a significant amount of gold each month right now but either way SNEY's stock doesn't warrant a price of .01. So, can someone explain why it is so low?
Oh one more thing, wallstreetbull stated in an article the week before last that SNEY's stock would go over .02 based on the PR that was coming out last week. Well, obviously that didnt happen bcuz to be honest the PR news was not very good bcuz the said the same thing twice last week so the really ruined what could have been a great week of news had they come out with some sort of findings or progress on their findings of gold or even rare earth. So someone please help me with this. I would like to hold longer but with news that should have pushed the price up and inticed us to stay in with profits, well it didnt happen. I know they are a great long term stock but I wouldnt mint making some money in the mean time. Thanks
I must have missed this. When did the CEO sell he shares and how many did he sell? Does anyone know what that means if anything? Sorry for all of the questions it just caught me off guard a bit. I am really shocked that the stock dropped as much as it did. It was expected to be over .02 last week. Anyone know what happend there? Thanks for any help.
Everyone that I have heard that spoke to him recently said he was sick for 2 weeks. He may have thought he had the energy to do it but the flu wipes u out. with 11m shares available it only takes a few buys to move it.
Actually I spoke with Jordan the CEO. He was sick for 2 weeks. There will be news probably next week since he is just recovering. This is the good part, they already canceled the 61m shares. There is only 30m now. Of that 30m 19m are restricted so they cannot be sold or shorted. So that only leaves 11m shares to us which really isnt much. Thats why with a little volume this stock jumps up. With volume this can easily be over .10 today. when news comes out and good volume I think we can easily see .15 to .20. For those of u saying no way, thee is only 11m shares that can be traded. Im watching ask move up with no buys.When I buy more shares I have to modify cuz they move ask up. This will fly guys. Volume is all it needs. We could make a killing if volume would hit. Im holding. I know I can see a .10 gain with 11m shares available.
Thanks for these updates. Did Tony mention whether it would be positive news or did he thank you and all who bought cp's stock that allowed the purchase for his beach front property and his retirement cuz the stock is going to crash by the time you got off the phone with him? jk, LOL
Did he shed any light on any of this?
Thanks
What exactly does that mean? Is that good or bad? Thanks for the info.
May I ask what firm you people use that allows you to short cpmcf or rather allow you to use a margin account with this stock? I am currently with scottrade and they won't allow any of that on stocks less than $5. Any advice would be great. thanks
Don't buy at all or at these prices? I mean, I do want to make money. Thanks
Is there anyway to get a second by second read on stocks if you are not a day trader? How will I know if it will continue to run up? As I look now it jumps .03 and I have to decide to jump in or not and hope that it doesn't stop. Is there anyway to get a margin account without using credit? I have funds but I would like to be able to get in and out when needed and not have to wait 3 days for my trade to settle. Any advice? Thanks
So are you saying that this stock has had its run and is dead? Or will it eventually go up? If it hits single digits would you consider it a good buy at that point? Sorry, Im just confused if I should get in again and if I do at what price point should I do it? Thanks for any information from any of you. Thanks