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This guy was selling dirt cheap. Thank God he's gone. He was just diluting and dumping at any price. Wish I'd had the cash to pick up all those sub penny shares he'd dumped
Good analysis. I definitely don't want our company (im treating this as an investment not a quick trade) doesn't need to run itself to the ground by paying unnecessary parties with stock that can suppress the PPS and hurt its growth long term. I hope we stay under the radar a bit longer. I like the way its been trading. This is the first penny I've seen trade with such stability.
Any thoughts on that 8-K? I don't see it as anything negative. Hopefully this opens the door for a new insider with a respected knowledge of the industry. Nice test of the .03 today BTW. Looking forward to next week.
That happens all the time. Market Makers are nothing more than Market Manipulators.
This is going to be one hell of a ride come next PR. This has to be the most stable penny stock out there. I can't wait for us to set a new high. We'll definitely bust through that resistance at .03 and possibly test the highs from earlier in the year. Long term we'll be significantly higher than even those .04s as long as the business keeps growing and adding new customers.
Man and we were starting to establish a nice uptrend on the daily chart
I'm staying put. I've had several opportunities to sell on the pops but am staying in it for the long haul as I like what I've been seeing. I may take a gamble and jump out on the next run in the green and then jump back in on the pull-back, but I'm worried that the day I do this it'll keep moving North LOL
We're in a solid uptrend on the daily chart. I can't wait to see what lays ahead for this one. This has been the most stable penny chart that I've seen.
Amazing transparency. This company never ceases to amaze
Would like to see a followup PR showing # of shares bought back. It'll be in the companies interest to keep the PPS down during the actual buyback.
This company never ceases to amaze. I've never seen a more transparent company. They disclose every relevant bit of info to allow investors to make the right/informed decision. They seem to only want investors who want to grow with their brand buying in and not just anyone.
I agree with you 100%. Asher is currently a debtor on another stock I'm in but its been difficult for them to force the PPS down due to the company updates of all their activity. It's the lack of transparency that hurts the PPS the most as investors have to guess as to what is happening.
Who cares about L2 with a graph like the one we have going here
Nope because I just spoke to them less than 2 months ago. It allows for the PPS to be manipulated by the MMs.
It's BS but it's legal. I called the regulators about this before because it was clearly being used to suppress the price as several million shares were hiding behind the fake block size in the ASK. They said that the MMs are only required to display 5K at any time and are not required to display the full block size.
Company has been fighting to move the PPS up. They, unlike others have not allowed their debtor to control the direction of the stock. We have seen consistent filings and updates so that all are in the loop as to what is happening. We are seeing growth and are expecting more growth going forward.
LOL what a bunch of BS. PH knew this was getting delisted way in advance he just needed the R/S so that he could bait more people in while he dilutes this thing to hell. It has been proven that this was dilution and not shorting from the filing concerning all the conversions that they did not feel was important to report till months later and after the R/S
Lower conversion price. If Asher has a 10 day loock back period from date of conversion its in their interest to keep the PPS suppressed. It's obviously not going their way as insiders are updating shareholders of the dilution so as to keep everyone in the loop.
The fact that they keep updating investors on Ashers activities is proof that they do not want them to control the stock and will not allow them to have their way with their company. The regular filings are a message to investors that we will not keep you in the dark and allow rumors and false claims to determine the fate of the stock and drive the pps down.
Seriously. I just got screwed badly on a so called NASDAQ stick that did not update the shareholders of the share conversions untill months and weeks after it happened and all the while kept claiming that the shorts were bringing the PPS down. They did an R/S on us and now we are back below a $1 again. GYST with its transperency deserves more respect than those so called NASDAQ listed scams.
Congrats on the recovery. I'll be looking at your other play soon
Agreed. And thanks to the boost from insiders it'll be difficult for Asher to engage in the usual death spiral financing. The guys running this business seem to know what their doing
This is actually a very bullish sign. If he's willing to accept a conversion price higher than the market and commit to not sell until June 2013 then it means that he is expecting the PPS to be significantly higher going forward. I'd rather that he be the debtor than Asher as we wont have to worry about dilution of shares converted at discounted prices, not to mention intentional forcing of the PPS down in order to insure the lowest possible conversion price and greatest quantity of shares. If this were Asher you can expect that they would have converted at significantly lower prices adding even more shares to the float. This company doesn't cease to amaze.
LOL did you already sell those 1M shares before the big run hmmmm
That would send as plowing through the previous highs from the last run. This company is solid.
I really hope this run continues through the end of the week into next week. About to head to campus to prepare for my lectures
Read the filings. They've been buying and have stated that they will not sell for several months
LOL Where did you get that from. Their shares are locked up. Please try again
Jersey Shore I guess. Since it was cancelled they'll need a little something extra to get things going LOL
Steller news! Only a matter of time before this one becomes the play to beat. Everybody should have seen this coming when insiders absorbed a substantial amount of the dilution at significantly higher prices.
Have you guys seen the QR codes in movie trailers. Go to YouTube and check out "Branded". I was surprised by how quickly NeoReader read the codes that flashed on the screen for a quick second
Not really, just a few gamblers looking for a 3 point rally. Likely not going to happen till the next major drop
Did you get my email?
QR codes are getting to be everywhere. I was just on the road the other day and someone had a big QR Code on the back of their vehicle. I didn't get to scan it in time. We are seeing more and more of these things with every passing day. Heck I even have a business model I'm thinking to pitch that may have people walking around with QR Codes on them (won't give away the exact reason for the code). Imagine if everybody became a billboard. That's an advertiser's wet dream
Assuming that NEOM is bought out by by say Microsoft would we still continue to trade as NEOM or would we cease to exist as an independently traded firm where by we would just be absorbed by Microsoft
I still can't believe that people behave negatively with respect to this stock. Have you ever seen a more transparent penny stock or sub penny for that matter. They seem to respond to every concern of their shareholders. Seems like a good place to park your money. High potential here.
That happens all the time. I've actually contacted the SEC and they explained that MMs are not required to disclose actual block sizes and are only required to display 5,000. So the actual block size could be 1M and they can hide that behind a 5K block
Agreed and this company has been very straight forward. they have been updating investors every step of the way.
What's with the walk down to 2 this am... I was pretty sure they'd swing trade it around .026. Makes me wish I had sold around .03 and bought back in today.
I get the sense that they are going to keep stepping this up slowly as they continue to grow the business. At least that's what I'm hoping for. If I'm right then we may see some swing trades between .026 and .03 until they step this up to the mid .03s, possibly as much as .04.
if the swing trade pattern holds I'll p-lay it and try to add to my position.