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.
No shares available besides them putting ask for 5000 shares.
Just last 2 days about 11 million shares traded.
That was 2 weeks ago.
I’m not sure about that.
Squeeze. Buying pressure
ADMT float is so small with any significant news it could go to 20 to 30 cents in one day.
Not sure if is accurate but this website shows 60% off float is shorted.
https://www.gurufocus.com/term/ShortPercentageOfFloat/GBOX/Short-Percentage-of-Float/GreenBox%20POS
Thank you so much Ron.
Can’t wait to hear first news on install.
I have learned many years ago on OMNT stock which came to nasdaq and soon after that start crashing after investors figured it out that it was company worth investing. All bullshit and no profitability at all. Went down to zero and private after that. Good luck to all. Wish everyone luck. It may bounce up and down but.......
I shorted this stock today.
No until who knows. Shorts in total control
Even though I expected sale again this morning when I sold I didn’t think it’ll be this bad. I’d rather buy my long stocks like iptk and ADMT on low prices then be burned. Still wish to everyone good luck. It has been long few years here.
Good luck my friend. I have been in these situations before and got burned. I’d rather have something then nothing.
Short sellers figured them out.
You’re welcome. Look at volume too.
Well after thinking for 2 days of all news there’s nothing firm to show that they will be profitable. All in air. 10q shows nothing. No visa or big bank contracts. They selected that bank yesterday but I could have selected some ban and put news out. Then law suits that they have an ceo being bankrupt in 2008.
Nice. Congratulations
No bottom here
Good luck buddy. I wish I sold at 19 or 20.
I want to thank all of you especially ceo but it was time for me to move. I wish I sold at 20 but profit is profit. I’d rather buy something else with potential.
Thank you!
I’m out. Good luck to all. I have been here since penny time.
Really bad pressure from shorts
GreenBox POS Selects Signature Bank as the Banking Solution for its Smart-Contract Token Infrastructure
Read news.
I have never been in stock with crazy swings like this
This year yes. Maybe even more. Next year a lot more.
I use iHub and its fine.
Did you sell your shares?
What’s a day tomorrow? I picked up more shares today.
And Friday whole world will know about gbox
You should start enjoying this run.
I agree. It has been on institutions screens now for week or so already. It will be added to Russell 2000 and it shows to them.
GreenBox POS Raises 2021 Processing Volume Estimates
Source: GlobeNewswire Inc.
GreenBox POS (NASDAQ: GBOX ("GreenBox", the "Company"), an emerging financial technology company leveraging proprietary blockchain security to build customized payment solutions, sees first quarter 2021 processing volume materially outpaced prior expectations used in initial annual guidance of $600 million. The Company now expects at least $1.2 billion of processing volume for the year, improved operating margins, and additional new smart-contract token volume.
The Company’s blockchain ledger-based payment solutions have gained traction as new merchant onboarding accelerates following the January launch of its Gen3 technology. Processing volume is the primary source of GreenBox revenue, which is residual based. The Company attributes this growth to the platform ease of use, capabilities in high-risk verticals, as well as growing banking and processing networks.
"Our original 2021 projections were based more on Q4 2020 processing volume levels and proved to be too conservative. Given the visibility we now have from the first quarter, we are comfortable now raising our full year estimates,” said Fredi Nisan, Chief Executive Officer of GreenBox POS. “We are encouraged by the rapid adoption of our proprietary blockchain technology and believe the launch of our smart-contract token technology may pave the way for additional revisions to these projections.”
Future is bright for sure.
One of the most effective ways by which this technology becomes accretive to us in acquiring new customers is by the usage of Gen3’s new blockchain provenance modules. These modules allow us to eliminate manual onboarding of new customers. Due to this accelerated onboarding, these modules, first deployed by us in October 2020, were material in increasing our processing volume in the fourth quarter of 2020 to $131 million in gross processing volume. Of the $131 million, $84 million was processed in December alone, with net revenues for the month of December in excess of $1 million for net margins of approximately 1.5%.
In addition, Gen3 is the transactional foundation for the new Secure Token Technology we are now deploying and which we expect to be fully available within the next three (3) months.
I agree with you Ron. Trading volume will come eventually with more exposure.
I agree. I wish they mentioned that iptk is public company.