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Volume is not the issue we got the best stock in otc the momentum stoppers are intentional.
The question is how many otc companies are in this sector? Not many and this ceo is working hard to grow the company and not dilute.
These are the things folks claim to want but spend most of their time averaging down on diluting companies.
Look at the chart the past 9 months what otc ticker has performed better and held up as much as this one?
400k sat on the ask at .075 anyone trying to sell like that in otc isn't going to make much money. The blocked it from going higher today that was a retail order over time we will be fine but just pointing out a lot of the games I have been seeing has been from retail.
They waited until late in the day before close to move there ask down to .062 and try to get folks to sell.
It is but from what I have seen 90% of it has been retail the last 2 weeks. Both times it was about to break .08 about 350k shares sat on the ask. Good thing is there is no dilution so at some point the manipulators will have a breakeven price.
Tell me another otc stock right now that you can attempt to sell that much on the ask now without slowing down momentum.
Todays news actually surprised me the fact new customers are onboard is a big deal.
TBH If I was the ceo I would not put out any news.
The news today was actually significant and it looks like they are starting to pull in new state contracts.
It's retail news out it starts to move and someone puts up 400k on the ask at .075. Whoever owns those shares is really sabotaging themselves. I have no problem holding here but if some are trying to make money killing momentum on a ticker you got a decent position in is not the way to go.
Some of them right in Texas which should be a big market for them and it appears these are new customers too.
It is becoming more evident its retail that is slowing the momentum here. Either way accumulation is at highs it's only a matter of time we will be breaking out again.
New contract wins now we know why they moved into 2 more states.
$GDVM The erate season for the year just ended, we’re excited to announce that VeeMost was awarded several erate contracts in NJ, OH, TX, approx. $750,000. These are new customers! We’re confident we’ll continue to add more wins in the SLED segment.
— VeeMost Technologies (@veemost) March 29, 2023
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.#veemost #GDVM
There are not much opportunities to make decent money in otc this is one of the few good ones left. Someone here likes to stack the ask and walk the price down.
Eagle just the tweet from a few weeks ago of them getting foreign qualified in New York and Texas is huge. Those are 2 big IT markets and just the fact they are going in there will pay off big in the next 12 months IMO.
This is the first otc company I have seen register to do business in 4 different states. That about as legit as a company can get.
To be honest, imo I think this is just one when you see dips like we have just accumulate the hell out of it. There is not much resistance on the chart what makes this unique is the ceo is a tech guy came from the corporate world and understands his industry very well.
Look no further than what VeeMost has accomplished on the cisco side. Throw in the fact there is no dilution, and this thing is still building up nicely. The previously mentioned some acquisitions are close, and if they pull off 1 or 2 this year, you might be looking at a company like otc has not seen at these levels this cheap in a long time.
Price wise, I continue to believe the path of least resistance is up, and this is still on first base looking at the potential here. It's really rare to see a company build without soaking shareholders with dilution in my 8 years in otc. This is the first one I have seen go this route.
So far the ceo has followed through on promises I know some of the trading here frustrates me but in the grand scheme of things this is still setup as a long term runner. We got a major reset on the daily and weekly charts with accumulation at new highs.
There are so many angles to this company we are only scratching the surface of the potential here. This is a company that is setup for growth and rare to see one like this in otc.
Solid close and I will take it, one of the better otc companies I have seen in years. When a ceo is building and not diluting you rarely ever see this happen in otc.
Yep and see this tweet below this is why I am excited here. We got a cyber security company with a motivated hard working ceo not the usual stuff that merges in in otc.
Some of these mergers lately are garbaaaage. Like cmon. Some of these are really good setups but you have people rushing and then bringing in a mom and pop startup with like no substance lol
— Quinten (@OTC_Quinten) March 24, 2023
Any amount over 1.5mill does not show on L2 I have no clue why. We are in good hands here, how many otc companies can build grow their business and not dilute? This is about the only one I can think off.
The big difference is this is a great company and it continues to get better and there is no dilution.
We are oversold and due for a sizeable bounce soon.
We are actually holding up far better than 99% of otc tickers right now. On the bright side VeeMost is a real business and the ceo is not diluting few otc companies are even in this position right now.
If you understand trading you understand what is going on if shares sits on the ask all day thats not really a seller but someone taking advantage trying to load cheaper.
So the volume so far is 1mill and someone is trying to sell 30% of the volume so far in a single order? When retail is done playing games here we will go up. From what I have seen the last 2 weeks its more retail than anything else your only hurting your cause and otc in general. The truth is not many companies in otc will execute like this one has so unless some of you want to trade options and get zeroed get it together.
Shell badge is off most that had the shell badge removed are now just a shell risk. Either way anyone can look up VeeMost on the cisco site and know its a real company far more than 99% in otc right now.
VeeMost is a real company real business and I am pretty impressed with what the ceo has done so far.
Few companies in otc are real let alone have this potential in the cyber security sector.
I have been a part of many big runners for some reasons most of the take this path. When it finally breaks out few are left holding.
If the company is not diluting and getting better the price will reflect at some point.
Not sure but finra is its own process. More so this week 98% of the action has been retail and we got some on the ask.
I still like the position we are in this is a legit cyber security company with a legit ceo and that is motivated and working things will keep improving.
Happy the shell badge has now been dropped.
Lets close out the week strong.
True statement and what I like here the most is the CEO has done exactly what he said he would and still producing.
The price will catch up eventually.
MMs here is something I noticed. Lets say the bid is .068 and the ask is .072. If you place an order to buy at .072 they will fill you below that price and the .072 ask does not move.
If there is a bid at .071 even a small one lets say 10k that buy order goes through at .072.
That fill in between the ask are synthetic shares that don't come from the float.
If retail wisens up here and stops stacking the ask the fireworks here can be glorious.
I would never understand why some own shares but continue to impede their own momentum.
I stick with in this sector I am familiar with I don't see how their prospects are better than what we have here.
The growth potential here is huge and we have a ceo who is motivated and working we can see what is getting accomplished here.
Which is the next opportunity in otc? Name 3 tickers that are doing better than GDVM am all ears.
We are actually sitting in a pretty good position.
You can see some are working overtime here but longs know what we have here.
So let me get this straight, VeeMost is now incorporated in Delaware now has foreign qualifications in New York, Texas, and Ohio and now officially doing business in those states. You can't say this about a lot of otc companies.
Great thing about GDVM is it has a little bit of everything needed to make that big breakaway. It eill come one of these days these MMs will scramble and they won't be able to stop or slow this down.
We got a few knuckle head retail as well that a part of the problem is retail also a few days ago this was setup to break .09 with a strong close at .083 and someone decided it was a good idea to stack the ask at .09.
Some of the traders in here have to look in the mirror this is literally one of the best opportunity to get to dollars from these levels in otc if folks just let this trade.
As usual MMs have nothing but trying to get folks to panic. Shell status is coming off foreign qualification in 2 new states we are in good shape here.
Looks like today was a cool down day I still expect we will see higher lows and higher highs.
Not sure but it's a really good sign.