is...playing golf most afternoons, except summer in Florida!! Then I'm in the gym most days!
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That is precisely the nature of the OTC, if you don't like that, there is the NASDAQ, NYSE etc. In this one stock I'm up more than I would ever expect in the other markets during a 5 year span.
Agreed, little bit of DD never hurt anyone, unless you're a flipper. If a flipper then just trade using techs! And that's fine. This name is much more than that IMO. Once financing news drops, then CT news drops, then backlog of orders start to hit the books (which was on hold until FINRA spinoff release) and things will start taking shape for a multi penny, and IMO multi dime play. All the best.
Yes agreed. Spinoff approved and done is an obvious sign of better things to come. FINRA doesn't just approve spinoff's without dotted i's and crossed t's (same about SEC approval for CT's). I expect announcements of new financing, and revenues pouring in shortly. First step FINRA/spinoff-separation of old revenue draining part of biz. Now we wait for the second phase...I'm looking fwd to it (and we have hints that there will be plenty of phases).
Good for you, wish I could. Looks like rain here (central FL). Oh, and btw, no brainer buy the dips here. If for no other reason (and there are lots) then there is blood in the streets and nothing has changed fundamentally.
Wow, I just hate taking a loss on the rest of my shares. I've been here over a year and I'm 60/40 not believing SB anymore. Since I'm 40% a believer I'll hold for awhile longer, but IMO he doesn't have the SH's best interest in mind. I understand all of the stuff that's in the pipeline, but that's just his word, which now is smelling like that day old Grouper in my fridge!!!
The longs here understand that the spinoff is just the beginning. Verus foods order backlog will be released soon after the spinoff along with any new contracts. No brainer to .05 plus.
Exactly. This is a long term hold for me. MM games and retail flipping is part of it. Know what you own is a good mantra!!
Ever think he might get paid per response...I have no idea, but it sure seems like a possibility.
Great post!!! I agree! I'm watching a little of this and watching a little of the Open Championship at Carnoustie!
911 is MM's laughing at retail.
You are certainly right to question. Nothing wrong with that. Someone/MM is keeping this down, and looking at the recent volume one would logically conclude that dilution is done. I don't like the fact that OS has increased dramatically during this massive volume increase. So I am with you. We get a few ask slappers in the AM after the initial dip and it doesn't seem to matter if its a million or 20 million it is all absorbed. I don't buy into the notion that pps is going to continue to decline, but longs need something to rally them to buy more! I'm holding some cash and waiting, but not until L2 shows me the relentless asks are subsiding.
That's some good DD. Way to add to the wealth of knowledge posted on this board. Since you've said pretty much the same thing forever, I think I'll block you, and hope others will as well.
Comical late-day MM games. It's okay though, it was a good day for longs!!
Even if its true, the wild west never ceases to amaze me!!! I'm long and strong because of the potential revenues, and the non dilutive financing which has been promised.
Yes, his hand was shown long before the run up...his posts are meaningless!
Exactly!!! Kindergarten traders!!! Like anyone else controls their destiny as a trader!!!
FINRA is usually slower than expected, but my experience is with ticker/domicile changes. Maybe with a spinoff others have more experience and can share their experience with a spinoff??!! Either way (spinoff or delay) I'm a long term holder. Once the spinoff occurs revenue picture will become more clear imo.
Excellent post!!! Agree 100%!!
but after the spin off is official and the new name, symbol are done and the books belong to just VERUS foods they will begin to log those revenues and we will be just fine, even better then fine we will be, in some cases rich. IMO .
Agreed!! If no one would respond to their nonsensical gibberish then they would get tired of talking to themselves and slink on to another board to earn a few pennies from/for their master(s).
Checking L2 from time to time the bid/ask is very telling. It seems retail is falling for MM games.
Unloading this name and adding to RBI$ has helped my bleeding from this stock. I'm not sure what longs see in this CEO anymore. I still hold a fair amount of shares, but will be unloading as I can. Trust is waning to say the least, and nothing seems to be happening with all of the stuff in the SHL's.
It never ceases to amaze me how near the end of the trading session MM's artificially inflate the spread. This is not hard folks!!! MM's are thief's!!
My kind of fun as well!! Stay in the short grass!! Myrtle Beach is probably my favorite destination...lots of variety and usually in great shape!!
Fundamentally sound buying opportunity until something comes out to the contrary. My belief is there will be news that will prompt a dime in the near term. Too many potential catalysts to hold this down for long. MM's games are frustrating though.
I'm not a fan of the OTCmarkets daily short report. The figure they use is not settled funds, and hence misleading. FINRA is accurate, but only comes out twice a month.
Do you know how hard it is to short OTC stocks? This is all about mm's.
I don't think there are that many traders who are willing to put up 2.50 for every buck they are shorting in a stock that goes straight up. Eventually they would have to cover. Don't get me wrong, there is a few, but this was a catch up day for mm's. They were on the wrong side (for them) to the tune of millions of shares. They waited until a little weakness in buys, and the rest is history. They are the ebb and tide of the OTC marketplace.
I'm actually long that other name for almost 6 months, and I better not get a PM from anyone regarding that name. The dude that is doing this needs to get off this board. I doubt he owns a single share here. I have gotten PM's in the past sharing info (pumping) about another ticker and I usually run from their advice. And BTW that other ticker needs no help from the pumper. It has an excellent future without his help.
Looks like a classic "catch up day" for the mm's. Every run today was met with walls, to test the longs resolve with ASCM leading the charge. I'm selling other names to accumulate dips here. Too much happening fundamentally with this name.
I like your optimism!!
Wow, this is thin if we can knock out 64's and 5's.
Agreed, and if just one big deal could get done, ie...insurance, private label, or a big auto manufacturer.
Drink(s), or meat. Not sure which. SEC knows, and that's why the approval. That's all I need to know.
I have an 11 year old as well as 3 adult kids (26,25,21) and I'm usually wrong, until and unless they need money!!! lol!!
Looks like maybe .008's if we can get some ask slappage. Agree totally with your post. RBIZ is the total package. Especially with SEC accepting and granting the CT.
Agreed, the nice thing about consolidation and churns is that the pps usually (not all of the time) ends up higher. And when it dips, then buy hard if able. Been saying that for awhile on this name. This is a no brainer at these levels.
I might add that you were right and I was wrong on that other board, for the most part. I'm still hopeful, ,but not expectant. I think what sets RBIZ apart is the strong fundamentals like you said. But additionally there is the CT which was accepted and approved by the SEC. This sets this one apart from many multi day runners. We shall see. Based on conservative numbers I expect .05 in the near future. All the best.
Nice post. Yes, it's time SB!!!
Hoping you are correct!!! Important time for sure.
Agree 1000% I wish I could say my money was on SB coming through!! Oh wait it is!!! I should say, I wish I was confident in SB coming through.
Agreed. Nice to see you here!!
I know that board well...it's been a thorn in my side to say the least. Audited FINS here is certainly a breath of fresh air.