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It would appear to me we have a gorilla or two going long now too... This is great news for the little minnows like myself
Lol there won't be any .0001's dropped unless the dilution starts again. Doesn't appear right now that the faucet is on like it was before. Even .0002's you're in line behind 1.3 billion bids with the sellers giving in on 30-50 million of them a day. At this rate you'd need 25-40 trading days just to get to the front of the line on .0002's.
Could be automated "stock bot" transactions. Probably by a player with unlimited trades on a monthly fee basis.
Of course we are. There are 30 billion shares to move now for every tick. That's like moving the ocean as opposed to a Lake Michigan. But it seems to be moving steadily towards an uptick since the dumping ceased.
The PR said they raised over a million. It did not say how much over a million it was. The company never claimed it was generating revenue prior to the regulation A. The regulation A was (supposedly at least) an attempt to raise working capital to startup the t.v. Show and buy a pot farm (bearpot, which had controlling interest in a previously existing operation with no debt).
We have had members confirm that the physical location of the STBV office has equipment and actually exists. The legitimacy of some of this is questionable, given the CEO's past but not for the reasons you are concerned.
The SEC doc you shared said they need to sell enough shares to reach 3 million a few lines below wha you had circled. That's 30 billion shares and the majority of those have already been offloaded to us. A R/S might be coming after the acquisition is finished though - what happens thereafter will be the real sign of whether this is a scam or not.
When you say "this operation has to be ended by Friday", what exactly are you referring to? I agree that we are way deeper into the dilution than 15 billion. We've had almost twenty trading days with average volume above 1.5 billion. Obviously some is not from MM's but the vast majority is... Unless they have more than 30, billion shares to dump I don't see the dillution reaching the levels we saw last week. Not to say the damage might not already be done, but I'm still holding on to a shred of optimism.
A bounce that big is a bit optimistic I'd say. But I think the MM's are about empty. We've had about a full month over a billion volume daily. The private investor buy in was for 30 billion shares and they have been responsible for 90% of the sells. Do the math. How much can they possibly have left to dump? Now all the new investors will be determining upward and downward pressure.
A bit of interpretation would be helpful. I come from a fundamental background and my technical analysis skills are still developing. Any chance I can get an explanation what you're seeing here?
The low volume is a good sign. It means the desparate dumping by the MM's is slowing and we're in a "mexican standoff" as Brad Pitt would say. 1 billion bids at .0002 waiting for the MM's to dump and 600 million asks at .0003, many of which are coming from non MM's who bought in at .0002. If this thing is going to make a run there needs to be a controlling share in the hands of non-MM investors who bought in at a price above .0001 and have something to lose.
Let's hope. We've thought that before until they left a little burning mid day surprise on our doorstep and ran off.
And that's the flip side. If only we knew.
That's a big tick lol
Exactly, if you couldn't even get in on the two's why would anybody not holding a sizeable bag be willing to part with a commodity that 1.5 billion orders are in for. Makes no sense. That's why I say it's gotta be either the .0001 buyers or the MM's. Just my thoughts
Because that is what was sold at .0001. There has been billions of sales at .0002, the odds of those sales today being from people taking a loss like that when they can sell at .0003 with a bit of patience... Unless they either bought in at .0001 or have 10 billion more to offload.
I mean it makes sense right? All these nervous investors who couldn't help but buy in at .0002 for a couple grand are gonna be eager to offload a few for a cool 50%. That's good for us. I'm just trying to guage where the MM's are at. I think they're slowing down in hopes yet can sell at a higher price if they stop diluting. I wish I could get a grip on how many of the last weeks shares have been from the market makers. What their total share sales sold is up to.
Probably safe to say 100% of those .0001's were from market makers. No more than 200Mil of the .0002's were from non market makers (people flipping their .0001's is a possibility). Those .0003's could have been anyone and based on the spread I would say it was non market makers primarily.
Does anyone have DD with a little explanation on how much the MM's have sold so far? That would be helpful to is all.
Looking like another billion share day. I guess we can hope for a slow tapering of volume to bring this price back up. I'm thinking a decent chunk of today's sales were from non PI market investors based in the distribution of the trades. All the high volume dumps at .0001 and .0002 were almost certainly from MMs - some of these .0003's might be market basis from people who got in at .0002 Thursday and Friday. This would be VERY good news if my speculation is accurate.
It's at least nice to hear confirmation this isn't a repeat of the briefcase incident. There are actual tangible assets
He has some vested interest in this as well. If he can increase his cash on hand without adding further dilution the business could actually see some benefit and a chance to succeed. This assumes there might actually be a real business plan.
The reason I ask is nobody on here seems to be getting those .0002's - maybe it's a buy back. They probably never expected the price to hold up under this volume.
If he thought he could re-sell at 3.
Anyone think some of those .0002's could be going back to the company? Fellner flipping them at .0003? I wouldn't even be mad about that. At least it would be staying in the pot in leaving with the accredited investors.
Can you tell how much volume is from market makers? I think BMAK and someone else were the big sellers.
Its certainly no in large dumps then. I'm seeing a 250 mil dump at the beginning of the day and little to no volume the rest of the day.
No one is buying shit. 200 mill in volume all day? No buy backs happening here.
Pun pun pun pun. I like it. I'm laughing off my egregious losses.
Those ten hypothetical investors made enough to stay high as a satellite for the remainder if their worthless lives. They won't need to be on the show.
Likewise. We know he was a former incompetent POS who got caught selling property that wasn't really there. Could lightning strike twice in the same place?
Yes. So if there were ten accredited investors 140k. The SEC would take issue with personal gifts to a CEO from accredited investors. If they had evidence.
Annual tax free gift exemption. I learned a bit of something taking the CPA ;)
It would appear today... Volume is at it's lowest in 2 weeks. Almost 1/8 of the average.
It's 14,000 annually. I doubt he's risking being someone's prison squeeze AGAIN for 14k.
Can't prove anything he's doing is illegal. But that doesn't mean he's not meeting these accredited investors in a golf course and leaving with bags of unreported cash that he flys to Switzerland every month. Just what it looks a bit like. If not then like you say, why didn't he just sell into the market. He'd have raised that cash in half the time with less dilution.
Call me doubting Thomas but this looks like some shit straight out of wolf of Wall Street. Someone bust Andy's Swedish banker for laundering drug money, get him to flip, arrest his accredited investors (aka accomplices) and call it a day.
Short of showing revenue on a 10-k what can they do you would consider "real". A PR saying they signed a producer for a pot growing tv series is relatively substantive.
I mean do you want to see contracts with advertisers? I just don't think there is much that could be shown at this point.
I think it's safe to say enough investors have lost faith in this stock that we won't see a rapid growth in the near future.
Screw wazillo. I hope they liquidated those assets for use in something that is at least hypothetically profitable
Of course I do. It's a 3 followed by 10 zeros. My point is they now are in the hands of people who were willing to buy at market price instead of the "insider" price. Not saying this is fundamentally sound, but there is some short term potential.
Furthermore there's been over 20 billion in volume over the last month. Only 30 billion are outstanding. We're not too far off from having all FMV basis players again... Only took a 70% drop lol
Who bought 58 shares at 11:41? LOL trolling ass dude.