is...retired
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You can't 'lock' your shares by putting them up for sale. That just means MM's can 'borrow' and return them. You can lock them only by not putting them up for sale.
No, 'they' didn't walk it down. Stupid traders did that.
If you sell at market, the price will instantly start dropping, because you are saying 'I'll take whatever', so the mm's snap them up at below market.
If you sell at close of market, that is still 'at market' and the same thing happens, only it happens at the close.
The simple solution for both is to sell at a limit that is near what you will accept for your shares. That keeps the share price from spiking down.
You should NEVER sell at market unless you are exiting the stock and don't give a crap what it does to other shareholders.
I was involved in the dividend fiasco, and we were NEVER told that they would be unregistered, or that they would be restricted for 2 years. That is a fantasy, which ANYONE HERE can check for themselves, as it is in these messages, from 2017. His twitter account from then is deleted, but he can't delete the messages here. This is the VERY FIRST TIME I have heard that they were unregistered shares, and that we'd have to PAY to get them freed.
That's BS, but I'll pay the $400 if the price hits $.10 - that's $50K.
You all realize that the 'wall' is simply a shareholder with a limit set. Once his/her order fills, the price can rise.
Just don't mortgage your house for money to buy NSAV shares. There is no way for any of us to know what it will look like in a year. It could be higher, it could be lower. It could even tank.
Holding companies only have revenue if the companies they 'hold' make profit. NSAV can't survive long without revenue, so that is what to watch for.
Institutional investors invest money in companies for shareholders. No, and I mean NO institutional investor would put investor money into stinky pinkies. I don't know of any that will invest in penny stocks, period, which is under $5.
You don't give your money to investors that are going to put your money into the riskiest stocks in the country. SMH!!
There have to be sellers and buyers for the share price to go up. What we need is for those with tons of shares, like me, to not hurt the share price by selling too many at a time, or by selling at market, the worst possible way to sell.
I'm quite content to sell shares when the price is moving up. But you'd never be able to detect when it is happening, because I won't hurt the share price. I want it to go up as much as anyone.
I don't know about VB. First, it has to become functional. Then, it has to begin making profit. If that happens, NSAV will see some revenue from it. I hope it can make money.
I have lots of NSAV shares. I've had them for 4 years. I didn't make a penny off them for 4 years. I'm not talking NSAV down, I'm pointing out FACTS. Those FACTS are there for anyone to read.
NSAV has not made a cent in 4 years. It's bleeding money now. No revenue is coming in or expected. Those are facts. Everyone should consider facts before they consider dreams.
Read what is filed with the SEC vs what is posted in PR's for a NON-REPORTING PINK STOCK. It is a story of two different companies.
Why would you say that a company that is bleeding money, and is trying to sell off the last of the AS shares is going to be worth 25 Times+ what it is worth now? There isn't a penny of profit, and the debt is growing by leaps and bounds. Can't you read the fins, and see how far in debt they are, and growing further in debt?
Take off the pink sunglasses and look at the fins. There is absolutely NOTHING promising there.
What is filed is the actuality. What is PR'd is not reality, it is pipe dreams until at least ONE of them can bring in some revenue. NSAV gets no money from ANY of these companies until they are PROFITABLE, and if that happens, NSAV gets a percentage of that profit.
Again, first these companies must make some profit for NSAV to see even a penny from them.
He's betting on startups. Only 1 in 10 startups ever turns a profit.
I can't imagine what in hell you are talking about. This won't see .25 for the foreseeable future. We will be lucky to get back to $.05, not 5 times that.
Yes, I remember it, and read about it in the late 2017 messages on this message board a few weeks ago. JT cancelled his old twitter account, so everything he tweeted was lost. But what he essentially stated was that he was going to do a share buyback, and deposit the shares into a 'fund', which we, the shareholders, would profit from.
Unfortunately, it takes profit to buy shares back, and NSAV has never made a penny.
Go to Bitcoin.com and read about it. It's not like it's some secret. If you understand credit cards, you understand crypto. It's just not a plastic card, it is a digital wallet.
I'm afraid you don't understand this 'offer'
First, it is dilution, iF it happens at all. The share price has to exceed $.01 in order for the lowest tier to occur. If the share price gets to $.25, he wouldn't need to dilute more.
To me, this is just another slight of hand by JT to pump, as are most of his PR's.
Q1 filing is late, which will give us a view into the financial state of the company. It's not like filing is a big surprise every quarter - but they always file late, which only gives them 5 additional working days to complete the filings. Why not start filing on time, and get into the SEC Compliant program? Because it is JT, and everyone should evaluate everything he says, tweets, writes, PR's to see what he *really* is saying.
Not sure why anyone is excited about more dilution.
Look, no one is going to buy any of the newly offered shares at ABOVE market price. The offer is intended to get people to buy them when the share price is ABOVE that offer price.
Think, people.
Who knows why JT does anything? He apparently wants to sell the remaining shares in the AS to raise cash for whatever reason. He's been making 'deals', where he owes money to complete the 'deals'. It's all in the PR's.
There are two series of preferred stock. 775M and 225M. They have all been given out.
No, they did not say they would not sell more shares. They said they HADN'T yet. The AS is there to provide shares for this kind of activity, and yes, it is dilution, but not very much.
No, they have not said they would not raise the OS. They said they would not raise the AS. They stated that they have not done a major dilution, but there are still about 90M shares that can be sold as a result of the S1 being approved.
He's just trying to raise cash by selling the remaining shares in the treasury to private parties. The price would have to be advantageous for anyone to buy them.
No, common stock is not 'valued' higher than market. And no one will pay a premium to get the remaining shares in the AS. If NSAV's share price rises enough, then those shares could be sold at or below market. The S1 is written in such a way that if NSAV's share price rises, those shares can be sold at a higher price.
The preferred shares AS is 1B total. They have all been given out this year. There are NO remaining preferred shares.
The dividend shares are ours. They cannot be recalled or used for anything else. Now, if he'd just take them off restriction so we could trade them.
The dividend shares have been given out years ago. I have 500K of them myself.
The AS is 6B, the OS is 5.8B, so there is about 90M shares left in the AS. The offering is to sell those shares remaining in the AS.
It is essentially a private placement, but no one would buy them until the share price is above the minimum. No one is going to pay a premium to fill out the AS with the remaining common shares.
Selling of those shares IS dilution, but it's so few that we won't actually be affected. JT is just trying to raise some more cash, and that's how it is done.
There is no such thing as mm signals. Computers don't generate signals. People do. There are no human brokers in the otc. This is 2021, not 2001.
what those numbers actually mean is that they are what's left over after a larger number of shares of a given order have been filled. People buy a million or sell a million all the time. The mm will only buy or sell enough to meet their spread. What's left over is the 'bits' of orders that have not yet filled. L2 shows partial trades, not complete trades, unless they are AON (all or none) which few people use.
If you sell 10M shares, it may be completed in 50 trades (tranches). Each of those will show up on L2l. Then the uninformed will assume the numbers 'mean something'. No, they do not.
The sec rules pertain to any pink stop company. Pink yield may or may not trade depending on the brokerage.
Call whatever you want. I got the message at etrade today. It is the SEC that is changing its rules, so NO BROKERAGE is going to be allowed to trade those companies that are stop, no info.
Sure, right. A private crypto company is going to 'take over' a public holding company...smh..
From Etrade, based on changes in SEC rules:
Starting September 28, 2021, you will no longer be able to buy or sell “Pink No Information” OTC securities through E*TRADE. Other restrictions related to the purchase of these securities may apply sooner. Please keep in mind that the upcoming changes will negatively affect the value of any “Pink No Information” OTC securities you hold now or in the future.
It says BUY or SELL. This is a HUGE change, since there are a LOT of STOP's. If you currently hold any of these stocks, you might think about selling them ASAP.
Not true. NSAV gets a 30% cut of profits, nothing else. If no profit, there's nothing going to NSAV.
It is illegal for MM's to buy or sell outside their spread. You can prove this for yourself. Just place buys and sells above and below their spread and see what happens. If you try to sell below their bid, you will get their bid, because they can't buy them outside their spread.
Again, this is an automated market, and every transaction is recorded forever. All it would take is an audit to track down any violations.
MM's make millions doing their work legally. Why would they try to make pennies on penny stocks and risk millions in fees? They wouldn't. The system works, and there are no 'specialists' in the otc. Automated means no PEOPLE are managing the buys/sells.
People that believe mm's in penny stocks manipulate share prices, must also believe in ghosts. They don't seem to understand that computers don't cheat.
MM's control nothing except their own spread.
It is not meant to be harsh. It is the truth. I can't believe so many people are trading in penny stocks and don't even understand how the market works, or how public companies and mm's are regulated.
MM walls? Messages?
Everything is blamed for everything except the one thing that counts: traders.
There are whales with huge orders to either buy or sell that control the share price. I could freeze the price right now if I wanted to. All it would take is selling in blocks of 25M at $.01, and you wouldn't see the price above $.01 until they were all sold. I can repeat that 6 times, right now. If I can do it, those with more shares than me can do it countless times - there are 5B shares to play with. That means there are 200 blocks of 25M shares available.
And, if I put up 25M shares to sell at market, you would see an instant drop in share price, and I could do THAT 6 times as well. Not that I would EVER sell at market.
I'm not an mm, I'm an ordinary trader that understands how the market works. I'm astounded at the lengths people go to, to 'explain' what is happening to share price. Maybe one in a hundred states the actual fact that traders control the share price.
No merger is going to happen. NSAV is a HOLDING COMPANY and has no production of anything, no products. The companies it invests in are the ones that produce stuff, and NSAV will get a percentage of the profit based on the ownership percentage.
SBC is a crypto company. NSAV gave them shares. IF SBC becomes profitable, NSAV will receive income from them.
There are no messages. There are no humans. There are only computers, fulfilling orders. A witch from flatland told me about the messages...but she was joking.
And if any of you believe those partial sales are messages, you need to wash your brain out with soap. Be careful what you put in your brain, because you will never get it out, whether it is true or not.
THERE ARE NO MESSAGES. THERE ARE NO HUMANS INVOLVED.
No, I don't ever sell on the way down. I haven't sold a share since it was at $.05, and won't until it gets back there. I still have about 150M under my control, in 4 accounts. It will eventually be worth at least $7.5M and more if it gets back to where it was.
The price dropped because people with tons of shares sold to get some profit from years' worth of holding worthless shares.
BULL SHIT. There are no eyes on penny stocks, so there are no messages. It is an automated market, and you are thinking about people on the NYSE floor, yelling numbers at each other. NOTHING COULD BE FURTHER THAN THE TRUTH.
None of that has any meaning. When you look at L2, all you see is the tranches - the partial trades. All 911 means is that the rest of the order went at a different price, and this was the rest of the order.
You guys really need to get with it - none of those old wives tales mean shit, and if you think they do, you are at a trading disadvantage, because you are believing in fairy tales and making buy/sell decisions that are meaningless.
No one knows what a whole order is, and how it is filled. What you see is only the partial trades on the way to filling an order. Ever order 453 shares of a stock? I thought not. People order on even numbers, and MM's fulfill the best they can at the best price for them. What your's 911's are is finishing up the order with more expensive shares.
No, MM's don't throw up walls. Sellers and buyers do that. All Mm's do is execute the trades.
Literally none of that is true.
First of all, MM's don't CARE what the share price is. They fill orders that are within their spread, period. They adjust their SPREAD to compete against other MM's for orders. No one looks at these penny stocks - they are all computerized, no human hand is involved in these sales.
Gaps are meaningless. They exist, and penny stocks go up and down regularly, so it is natural that they would get 'filled' sooner or later. But it is meaningless to speculate that a gap MUST be filled.
There are no shorts in penny stocks. I won't go into the fact that no brokerage will permit it, but it would not make sense to bet a penny stock would go down, when they all go up and down all the time. Buy low and sell when it's higher - or bet it goes down, and lose your ass. It is financially not a viable trading practice in penny stock, even if you COULD do it. No, there are no shorts. Short volume is meaningless to traders. It just shows that trades are happening.
NO one is trying to drive the price down. It goes down because people sell at market. Or below the current price. That's giveaway money.
Coals in the fire is also meaningless. It is the steak from the coals that we are looking for, and we haven't see hide nor hair of the beef yet.