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It doesn't matter if this is a legit company or not... the PR's will change investors beliefs, which will get them to buy, which will send the price higher. Market makers will walk up the thin ask if the buying continues and we will be at .02+ soon.
It doesn't matter if this is a legit company or not... the PR's will change investors beliefs, which will get them to buy, which will send the price higher. Market makers will walk up the thin ask if the buying continues and we will be at .02+ soon.
Feeling good after the news this morning... here come the buyers!
Volume already 4.8 million... market makers have no choice but to send this higher if buying volume keeps up.
I am so excited for this week. Half a penny is unsustainable given the float, which is why we will likely see huge gains in the stock price in a very short period of time. I wouldn't be surprised if this thing gaps up tomorrow. I am holding this stock long and strong.
This thing will fly! You do not believe now but you will see soon enough.
YES! Supply is taken out... this thing will fly! Holding my 500,000 long and strong.
Nope, this is going much higher. Very possible we hit .05 and keep going from there. Thin ask will send this flying on any news.
The float is 151,944,660 shares as of December 31st 2014.
Huge big, pratically nothing on the ask at the moment... we will finish higher today!
I can almost guarantee the float is current. If this is a fully reporting company they must be transparent. And 50 million on the float is nothing. I took out 1% of the float with my 500,000 shares I bought the last couple of days, and I will hold my shares until we reach at least a couple of pennies.
160,377,722 shares outstanding x .0034 current share price = $545,284 market cap.
I think it is grossly undervalued.
Can I ask what your position size is? If you have at least 500,000 shares then you and I together control 2% of the float!
YES! This company is undervalued because of the low float and share reduction alone.
People don't realize how thin the ask is and how that will affect this company's share price. Look at SEB (Seabord Corp) and you will see exactly what I mean. There is less than 1 million on the float and as a result the price of the stock is $3,764.21 per share as I'm writing this:
http://finance.yahoo.com/q?s=SEB
It will work. You forget that there are only 50 million on the float. It will not take much to get this above .10 again.
This stock will easily bounce back to .02 and keep going. My position is 1% of the float (500,000 / 50,000,000) which just goes to show it does not take much buying at all to get this thing flying.
I bought 250k at .0043 and another 250k yesterday. If 25-50 more investors do the same thing the share price will skyrocket. Thin ask, limited supply, price is going higher.
He might flood the market, but not before pumping this so he can unleash shares at a higher price.
If we get 50 investors to hold 500,000 shares the shares available on the float just went down 50%, or just a 25 million float. Basic supply & demand will send this higher.
Looking at the chart, this looks like a classic turnaround. All we need are some more PR's to attract buying interest, which I believe we will get.
Supply and demand my friend... if enough people hold this there is no stopping a 500% increase in the price of the stock.
This will easily run to .10 and beyond, there is such a thin ask any buying activity will send this flying. Any more PR's and .10+ is in our future. In the meantime everyone should be SLAPPING DAT ASK!!!
I don't think people realize how great of an opportunity this is... if you load up now and hold this stock we could potentially see $1.00 or $2.00 again simply because there is such limited supply on the float.
All we need is another catalyst, which will increase demand and restrict supply even more, which will send this flying!
The lack of supply will send this flying... I've seen stocks with 100 million on the float shoot up just because there were no shares available... if there are only 50 million on the float my 500k order tomorrow means I will have taken out 1% of the float.
Long $KATX
ONLY 50 MILLION SHARES AVAILABLE FOLKS... GET EM NOW AT THESE RIDICULOUSLY LOW LEVELS... THIS THING WILL FLY TOMORROW AND WE WILL BE AT A PENNY SOON... I'M BUYING 500,000 TOMORROW.
Alright ITEN investors, give me one solid reason why I should buy this stock and I'll consider. Looks like a classic pump & dump to me.
THCZ IS A MONSTER... JUST WAIT FOR MORE NEWS... .30 IS NOT FAR AWAY!!!!
SLAP DAT ASK!!!!
.2618 bid!!!! Come on baby slap dat ask!!!!
This is most definitely moving higher, but I think we will see some resistance at .29 before breaking into all time highs.
YES! This is a classic short squeeze... remember, most of the shorts got in at .29 or below, so we still have more shorts to squeeze out of their positions!
Afternoon buying volume will send this flying. Currently at just 6.9 million of volume, we will easily finish above 25 million.
I also set high limits but sometimes it is good to take profits. I find myself constantly adjusting my limits to compensate for the current market conditions of the stock I am invested in. For this stock I recommend higher limits because momentum will ultimately push this higher!
Wait, no more skull & crossbones?? When did this happen??
This is a classic example of a short squeeze! All of the shorts that shorted at .20+ are being forced to cover and if news comes even more shorts will cover!
I'm guessing we will probably get a PR in the AM to spark buying interest, the stock will go higher until about an hour before the market closes, then we will have panic selling at the close as day traders take profits, but we will probably still finish higher for the day.
This will most likely climb higher tomorrow... just got that feeling in my gut!
Just remember all the shorts that shorted at .20-.28... they still have to cover... short squeeze coming, should be epic.
SLAP DAT ASK!!!!