Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am pretty sure it is 47 million shares
I think one of the main problems with this stock right now is the DTC chill. TD ameritrade, for example, will not let me buy any more shares because of this. I believe once all the major brokers allow trading again for this stock we will see volume and any catalyst such as a press release will help propel the share price higher.
It will be real my friend. Hang in there something good will happen soon.
LOL no worries, saw the other post.
Any positive announcement from this company will send the share price flying. Patience is the key with this one. I have been buying and will continue to buy until a good announcement comes out. Then we will see .01-.02 very quickly.
Do you really own 360 million shares? If that is true you could dump all your shares at .0027 and walk away a millionaire.
It has been crashing. That is why this is a tremendous buying opportunity for those who actually want to hold the stock long term, instead of just flipping/day trading it.
It has been crashing. That is why this is a tremendous buying opportunity for those who actually want to hold the stock, and not flip it to make a quick buck.
This thing is way overbought and those who hold on to their shares will see some fantastic gains very soon.
Bought more this morning, float is so low this stock will run quick on any news.
Wow, that's some awesome stuff. If your son is praying for this stock along with me, and others, there is no doubt in my mind we will see a large jump in the share price.
And yes, taking profits is important. The last thing you want to do is get greedy and then miss a golden opportunity to sell your shares. This has happened to me and it is not fun!
The one thing I will say, however, is that stock prices are dictated by supply and demand. There are some who would argue otherwise, but if there is a lot of demand and not enough supply for any good/service, the price must rise. That is why stocks with a low float and low shares outstanding tend to run very fast. I am hoping these numbers decrease, because then on any good news we would see the price per share appreciate quickly.
If this stock goes to .25 I would be one happy man - and a millionaire!
I've also seen stocks go from .0001 to well beyond .25, without a reverse split. So anything is possible.
Let's also not forget that Boomerang was trading at .80+ a couple of months ago, and that is very encouraging as well!
I understand your concern, this is a penny stock after all.
To get any increase in share price, we need this company's fundamentals need to change dramatically. Right now there is not very much excitment, but at this point, after all the time we have waited here, I do not believe it would be wise to sell to the market makers. I think all of us are better off just holding until something happens.
In the meantime, though, I will continue to pray for this stock and hope for the best.
I completely agree with you. Just gotta keep the faith and remember what Jesus said:
"Again, truly I tell you that if two of you on earth agree about anything they ask for, it will be done for them by my Father in heaven."
I also agree we will see this above .10 and probably above .25, and if we could agree on a price I think it would be a lot better for all of us. As part of my testimony, I've done this with previous trades and the Lord has followed through every single time.
Once again, I know many people might not share these beliefs, but I am just telling everyone from my own personal experience that the Lord is faithful to all his promises. But it is necessary to have faith and believe that you will receive what you have asked for.
I completely agree with you. Just gotta keep the faith and remember what Jesus said:
"Again, truly I tell you that if two of you on earth agree about anything they ask for, it will be done for them by my Father in heaven."
I also agree we will see this above .10 and probably above .25, and if we could agree on a price I think it would be a lot better for all of us. As part of my testimony, I've done this with previous trades and the Lord has followed through every single time.
Once again, I know many people might not share these beliefs, but I am just telling everyone from my own personal experience that the Lord is faithful to all his promises. But it is necessary to have faith and believe that you will receive what you have asked for.
Supply and demand my friend. I will continue to preach that message until my fingers bleed because it is so true.
The more I load the less supply available, the less the market makers have to work with. One of these days this stock will explode.
I know everyone might think I'm crazy for saying this, but I just have an incredible feeling about this stock and believe the Lord has his hand on this. We have been waiting for so long for something to happen and I just feel something positive is bound to happen at some point. All it takes is one PR and we could see this thing gain 500% or more in the first day. Then who knows how high it could run. The 52 week high is .10 according to Yahoo.
I will be loading up on shares next week... tremendous buying opportunity.
I never mentioned a specific price, but what would really help is if we knew how many shares are on the float. Obviously a stock with 500 million on the float will not run as easily as a stock with say 50 million on the float.
Not yet, but I will definitely be keeping my eyes and ears open if anything comes out. Let us hope for a merger or some other good news!
I truly believe our patience is about to pay off everyone. There is no telling what might happen, or when, but I feel there are many good things to come. I am very excited at this point and I am glad I bought at .0001
I have a very good feeling at this point and believe we will see this stock run much higher. I have been praying for Dennis and the team to whip up something incredible. At this point it is just a matter of patience and faith.
52 week high... .31
The only to factors at play are the number of buyers (demand) and the number of sellers (supply).
Now I will admit market makers sometimes manipulate stocks for their own benefit, but supply and demand are the two primary fundamental factors that dictate what price a stock trades at.
Please explain to me how supply & demand is a theory. Last I checked it is fundamental in the stock market as it is impossible for a stock to move higher or lower without buyers and sellers.
It is not theory, it is fact. Every time someone places a trade in a particular stock, it moves up or down depending upon if it is a buy or sell order. My order moved the stock higher because it was a buy order. If it was a sell order, the stock would have finished lower today.
I bought some more shares before the market close today, and my one purchase made the stock go from -2.61% to a positive finish of +5.93%.
By the way, the stock is currently price at 25/100 of a penny, not 25/10,000 of a penny. Big difference.
I wouldn't call it a theory, it is basic supply and demand, which I'm sure you can agree applies to the stock market as well. And I already have a large block that I am holding, I just wanna keep some cash in the account right now.
Am I really the only one who thinks the PPS is way undervalued simply because of the low float and shares outstanding? I mean the market makers are currently offering just 20,000 shares available at the current price, which means it would take just one purchase of $54 to move this higher.
That lack of supply is why I believe we could see this double or triple in a single day. If you take the value of the entire float at the current price, it is worth just $122,000. If one or two big buyers come in to purchase there would be no stopping this from moving higher by several cents in a single day.
Only 10,000 shares on the ask... which means just a $23 purchase to send this higher.
Low float baby! Share price is way to low given that factor alone.
Exactly what I've been saying! I think the market makers are silently accumulating right now. After all, they can see the same float number as us, and they know they can make serious profits in a rising market if they accumulate now.
Long $KATX
Exactly what I've been saying! I think the market makers are silently accumulating right now. After all, they can see the same float number as us, and they know they can make serious profits in a rising market if they accumulate now.
Long $KATX
I just believe the share price is way to low given the float and shares outstanding but gltu as well!
I pump this stock because I believe the share price will be higher in the future. Therefore I will promote this stock and let potential investors know they can get in at a very low price at current levels. Even if this finishes lower today or even the next few days, long term this has the potential to massively run because there are only 51 million shares on the float, which creates a supply to demand imbalance which means the stock must go higher.
Long $KATX
I fail to see how me holding my shares is increasing the size of the float. My shares are not available for sale at the current market price.
Yes, and I will say that every day because the words I speak are true. The float is simply too low to sustain a PPS of less than half a penny. We will either gap up or see explosive moves to the upside in a very short period of time.
This will go higher. Current float unsustainable at these levels. If there are any more PR's they will only serve as a catalyst to change investors beliefs and get them to buy the stock.
You fail to see the opportunity in this stock. If I can control 2% of the float with a simple 1,000,000 share purchase at .0025 for a total cost of $2500, wouldn't you agree there is a severe supply to demand imbalance which must mean the price will eventually go higher? Surely you do because at these levels it would only take about $127,500 worth of buying power to take out the float completely. Please explain why this won't go higher given the float, especially if they announce more projects or land that they have purchased. This will serve to send in more buyers, who will push the price higher with their trades.