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Anyone on the sidelines should build a position now, and here's why:
$AXXA is planning to release formal PR before the financials. The financials are slated to be released next week, or the week after (pending some questions). This means the PR will hit in the next 5 trading days at least.
This is about to take off. Are your positions loaded?
If we don't see the buyback figures disclosed in the next 10-Q and 10-K, then TenKay and friends will be in the right. For now, we have to wait.
Holy Shit, Greg is right. This is quoted directly from Investopedia:
A lot of hidden size on L2. MMs just helping each other out while retail slows a bit on this ticker
Smart money is building their position from these levels, or people that have a bad entry are averaging down.
Once this news hits, there will be a barrage of buys. Build a position now, or chase later, simple as that.
Pretty sure he forgot to add "no method currently employed". Although it's not an option for them at the moment doesn't exactly mean there's no available method. He could definitely be more clear so there's no denying that
.042 wall is gone, replaced with a small .044 wall. Someone's working hard to absorb these levels.
Bounce from these levels is very possible for a mini-recovery. A good recovery will take us to .08s and beyond after some news is released
Feels like it's being heavily shorted.
Which means all the more massive of a squeeze when even more news comes out in the next few weeks. Price should gradually climb back to recent highs as a result.
Check out this tweet stating 1 to 2 weeks time frame from Boris. Exciting times ahead.
🔥🔥🔥 ALERT $AXXA 🔥🔥🔥@exxegroup this morning stated next Quarter Revenue will exceed expectations! https://t.co/DcAJfU2Xog
— Zelman (@TradingTeacher) May 2, 2019
This am I received a message from Boris (management) about financials, hopefully in 2 weeks!
chat https://t.co/BlMiNwsPga
ALL IMO @TradingTeacher pic.twitter.com/cOyBC72pOr
All this information is in the public domain already, nice. I think he carefully crafted this email as he knows fully well that he's walking on eggshells with investors.
It's in reply to a group that has been texting him. He's openly allowed for this exact group to disseminate this information, so he's disclosing information knowing it would be blasted on social media.
Square footage is already in public domain at www.rotmans.com
Employee count is already in public domain at www.glassdoor.com
The progress of the acquisition doesn't speak on specifics of closing date. If a specific date was given, then that would be something to worry about.
So.... what now?
Looking for a strong reversal candle towards the end of day
Hope everyone was smart enough to load in the mid-01s. There's no reason for this to have gone in this direction after yesterday's PR. As this gains more eyes on iHub, people will start building their positions for the upcoming financial release. I already built half a position and will load more on a confirmed run over .0198
1 out of 8 mergers announced. Yet another domino falling.
These levels are a gift ESPECIALLY in light of the new PR. How much more proof do sideliners need that Anshu is the real deal?
My position is already built pretty comfortably well in the sub-pennies. Admittedly, I thought the dominoes would've fallen quicker, but that's my own faulty, instant-gratification-oriented mind that's at play. I'm now understanding that this is going to be a hold for the next year or two at least, and I'm completely okay with this seeing Anshu's leadership and overall candor in his business approach. This is absolutely going to kill it this year!
Recipe for a multi-day runner:
- Volume spike today
- Ended somewhat near high of day
- Former runner
- Breaking out of a technical wedge
- PR regarding new investment initiatives valued at over $120m
- Financials due soon
This will undoubtedly run. I will sell half my position at 3 cents and if it breaks past that level, It's clear skies. YEET HAW
While your quotations are in weird places, I do agree that things will start getting pretty crazy soon.
I wish E*Trade would stop being a-holes so I don't have to call in to buy more at these levels.
Buckle up #10 on Breakout Boards, nice.
This should get a good amount of attention as people dig into why and how we got here on the Breakout Boards. People will start building a position from these levels as to not miss the run. Everyone should be excited for the next few weeks!
Hidden wall at .018, in case anyone here doesn't have L2. T&S hitting 18s for a while and L2 stays static at .018
As this pushes up due to anticipation of the news and fins, the cover buys will have to move up and chase, while at the same time buyers will pile in, creating the perfect storm for a rub.
The only problem is if MMs orchestrate an SL raid, which may kill short-term momentum, but it's a free for all once news starts hitting the wires.
Picking up some good momentum. Wall at .0195, but that's why we have power hour.
There will be a run as more people discover/digest this news. AXXA was off my radar for a while. Anticipation run-up, where we come
Also a fact that new investors will have to dig to find out.
These investors were presented with the bigger picture and were convinced they would make money from their entry of $0.15 and retail traders are worried about the entry at this point in the $.05s?? Laughable
Added 52, 46, and 42. I love when this happens due to sheer panic, all the while the DD remains intact.
Santa came early, Likely to end in the mid 5s today at this rate.
The fear has subsided and buying pressure is coming in. I think the market is now understanding that the DD has NOT changed one bit. I doubt anyone would lie under oath in the public domain on behalf of a publicly traded company to just mess with us.
Anyone in business knows these things take time. Catch up market, this is the opportunity you were waiting for. Lowered entry, increased R:R, and much to look forward to in the next couple of weeks. Enjoy the ride folks.
Wanted to buy a bit more just now on my E*Trade account, but it still gives the warning. You have to call in and have a licensed broker handle it for you. This is not good for the stock at all since E*Trade is such a popular platform for many traders and investors.
People are forgetting one key piece of Greg's communication:
He said that this 10-k would soon be replaced, alluding to the fact that the acquisition will soon be finalized, which is in alignment with their "end-of-April" timeline.
NOW, trust me, I understand that he's been underwhelming in his delivery, but the delivery was ultimately executed every time, albeit late. Based on this fact alone, I expect an amended 10-k to be released with new information once everything falls into place.
Prepare for new eyes on this board (now #9 on Breakout Boards), and the timing couldn't be better
With being current as of two weeks ago, and with FINRA processing the name change in that timespan, the name change and flow of PRs will follow soon. The roadmap has already been laid out for everyone, but what are you going to do with this information? In an age of instant gratification, no one wants to wait for anything that's worth it anymore.
We're sitting on a gold mine and you're too impatient for the pieces to fall in place? The answer for you in this case would be to just go gamble.
Otherwise, if you're looking for an edge in the investing world, and the DD is literally being spoon-fed to you, then this is one of many places that will require patience before reaping any benefits. Let it go through the process, set it, and forget it.
Good luck all.
Some twitter accounts are blasting this as the bottom.
There were some decent buys yesterday at 004 also.
We may see a flurry of buys very soon
If I recall correctly, this is exactly what happened with their 10Q. They filed in a certain time range, which then triggered it to be published the next morning from when it was "due"
Glad to have loaded more at $0.013. Averaging up a bit, but in a calculated fashion. Will add more on the break of $0.018 for the next leg up
Bro Call Anshu hurdurr
Why would he disclose any confidential information, which is likely against his agreements with the company? Hinting at definitive details would would hold him liable. The news is ready when it's ready, and I doubt we can siphon any information out of the company until it's presented in a formal SEC filing.
Chillax lol. It was an honest question and they gave honest feedback. No harm, no foul.
In fact, I would go as far as saying that your question helped clear up the same thought for some other people that were misunderstanding the same post, which further boosts confidence in terms of stock strength.
Don't get me wrong. I've been a bull since .003 and am still holding. In fact, I've added on a few breakouts to next levels, and will continue to add.
I was just answering your question taking into consideration the activity of flippers and day traders, based on my experience. Again, it's pure speculation.
The great DD here cannot be denied, and it seems the market is catching in terms of SP.
Speculation time due to boredom:
1. No news, low volume:
Gets stuffed near $0.018 and closes with a slight retracement in the mid to low 0.01s.
2. No news, similar volume to recent activity:
Will be volatile around $0.018 +/-. Still a chance to break 02s, depending on the volume. This will be fueled by anticipation of the news coming.
- need to post more emails from Mark lol
3. News:
Spike to 03s or even 04s, depending on how much volume, which depends on how good the news would be. Likely selloff from highs of the day. OR if it closes near highs, likely to continue the next day.
Most of this is predicated on the volume. I feel like option 1 is most likely, but it's a guessing game for anyone at this point.
Healthy pullback. Fully expected the next PRs to be released within 1 to 2 weeks, which will then push this right back to .02 and beyond.
Flippers gonna do their thing, but that doesn't matter compared to the larger picture
I think the rest of the dominoes will begin to fall faster than ever now. Looking forward to multi-pennies
Swooped 200k more at 0.0082 to average up to mid 5s. Wholly believe in this company and the upcoming news so I'm sitting pretty
Exactly. I'm in the wellness industry too in Regulatory/Quality Consulting so it's easier to follow all this and see the possibility of these options opening up as the regulatory landscape shifts in a certain direction.
Can't bank on this happening, but you best believe you can't ignore this either.
VRUS has connections in the EU for food distribution, that's not a question.
Now consider this:
https://www.nutraingredients.com/Article/2019/03/15/Indecision-reigns-over-current-CBD-Novel-Food-status-as-industry-groups-clash-with-authorities?utm_source=newsletter_daily&utm_medium=email&utm_campaign=18-Mar-2019&c=TJfd844QbIiddfgseIeMfx9T4hDm%2FSdH&p2=#
In short, CBD may be re-considered as a novel food in the EU. If this reclassification happens, this further opens the door and possibility of the CRON/VRUS or at least Reset Bioscience/VRUS connection to distribute CBD supplements or even CBD-containing foods.
Wish you would've tweeted that and posted it earlier!
There's going to be a flurry of buys for the rest of the week in anticipation
Floodgates will open upon 10-K drop, we all know this.
Watch them chase at $0.01 and beyond.
I've mostly daytraded to earn on the stock market, but this one I am holding a while. I've drunk the kool-aid lol