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Just checkin in to see how this POS is looking today.....
......Welp still a POS.
I'll be back tomorrow to see how much more money I've lost.
Spoiler: because this stock is a joke and Berman is a scam artist. But that was made clear after his shareholder call MONTHS ago.
I was wondering if we'd hold .75 cents today. Looks like we won't even hold that before lunch. I'm about to lose my lunch watching this get shorted by the minute.
Anyone want to go play in traffic on the interstate with me? Quite the regrettable investment here.
For those doubting that OTC's can be shorted, does the slide from $1.80 to under .80 cents in less than 3 weeks convince you at all now? Zero buys, nobody really on the bid. We're getting lashed by shorts at 10-13% per day since the KODK coin investment. We haven't had a green day since and that's a darn fact.
It will be interesting to see if we can hold .75 cents today. Without news, I'm saying under .30 cents in Feb.
I'm thinking news next week sometime. They were relying on the KODK Coin news today to buy them more time which obviously didn't happen and we saw the effects on the pps. Obviously it put alot of people in the dumps not getting news and share price in the dumps.
Realistically we may not even see news until the mining spinoff begins circa March 1.
With thay said, the board of directors here is just too strong to stop believing here. Also this is a very well fundamentally funded company more than most OTC's. Impatience is what kill most of us in OTC investing. I'll tell you right now, you're going to need patience here, but 2018 will be fun.
Virtually being the key word. People selling off doesn't drive OTC's into the ground. These hedge funds can bury any of these companies by shorting in minutes if they wanted to.
I'm not too keen on the mining part. There's thousands of other companies in the US alone who are mining daily. I really wish they'd have a conference call with investors.
When an OTC stock relies on heavy news, yes they do trend to trade red in many consecutive days or even weeks. They're too easy to short and scare the average Joe into selling who is worried about their overtime pay they've invested in the stock market.
You and I both are in a few OTC's together that have been trading like this, but out of the few I believe this has the most promise. I'm sitting at a pretty terrible entry point where I got in at the high $1.70's. I have not averaged down but only held to this point because there's something bigger brewing here. IMO
Clearly you don't have a clue they've invested over $10 million in other business ventures in just the past few month. I'd do some research before making completely false statement about this company's portfolio outside of Kodak Coin.
Another fat finger trade? 65% gain in minutes.
With the people on this company's board, I never thought I'd see under a dollar again. You can thank you the KODK Coin for that; however it can be a blessing in disguise that it's delayed a few weeks with over 40k investors showing interest.
Not so bold prediction: If Fins released, a pop, then shorts hammer back down.
Couldn't disagree anymore that today's news was positive. Costa Rica itself is total suspect.
Well, IMO that should be flagged as criminal activity but the SEC couldn't care less dealing with an OTC stock.
Welcome to the land of OTC where only 1 thing is certain. Upon a substantial news release, your stock will absolutely go down in pps. Amazing how this works and the manipulation at hand.
The battle is officially on between us and shorts only 10 mins into the trading day. $1.50-$1.51 is the battleground and ~20k on the Ask keeps showing up
Unless I'm just completely reading it wrong, I see they want to take the "Global Blockchain Mining Co" public. Aren't there other major players doing something similar.
I could just be severely under educated about this and not reading in between the lines enough. If someone could paint a better explanation picture that would help very much.
Take it for what it's worth, but Twitter followers of $BLKCF went berserk (in a good way) about this news once it hit the wire
Thanks in advance.
Holy crap, talk about a total anti-climatic news release. Couldn't trade this the entire day because they bought a couple thousand mining machines that a thousand other companies are doing the exact same thing, some at an even larger volume. YAWWWWNNNNN. I was waiting for something special.
Agreed. Aren't fins due Feb 5th?
OTC filing companies don't play by the rules. I trade on NASDAQ and OTC and the word "SOON" is the most indescribably abused word when making forward looking statements. Remember each PR or statement is post-faced with a disclaimer of company releases with forward looking statements and forward looking words like "soon"
Personally, I don't see anything being released soon from this company. And even if so, they will be pounded back into the ground by shorts faster than they release whatever "news" we're waiting for.
Just my gloomy, realistic 2 cents. I'm looking for an exit back in the .20's but that would be a lottery ticket here.
Well that pop was fun for the whole 45 mins it lasted
1. Where is this from? 2. There are a thousand other companies doing this so I'm not sure why volume would be popping like this on soft news such as this.
Thanks
Welcome to the OTC where everyone and their mother shorts/sells on news.
Currently holding this and PTOP. Both absolute junkers that have done nothing but crash over the last month.
Look at the share price explodddeeee hahah
I'm with you Crypto. This thing has crashed to Five THOUSANDTHS of a penny and people are losing their minds like Berman is a savior because he tweeted some more fluff. I guess some folks are just fine and dandy with share price complacency. But hey, maybe they'll all be millionaires "signing" more places like Jim Bob's Route 90 Nissan Mazda and Hyundai.
Gonna go out on a limb here and say maybe the 14 consecutive days of being in the red.
I think you couldn't be any more wrong.
HAHAHHA WE ALL FELL FOR IT! FML. On to the next one.
Our 24th consecutive RED day
Congrats on our 12th consecutive RED day
Under .10 tomorrow.
You heard it here first!
I agree with you 100%. I can't even give myself an honest answer of why I'm still holding here when I got in at the high .03's
I'm trying to decide when is it time to swallow my pride and accept the loss.
Everyday has been "the bottom" according to everyone on here. There is no bottom with a dilution/scam.
We can only hold and hope.
I can tell you right now that's not going to happen. So you can forget about that wish.
We need big money here. Not "oh gee golly I hope we gap up". Stay put, and I think we'll be handsomely rewarded.
Why would I sell at a loss? I'm not going to hand my money away for nothing. Holding at this point to see if I can break even or a small loss at worst. Doesn't your computer have a Google search to look up Stock Trading 101? FOH
You have a better chance of seeing Jesus Christ himself descend from the heavens and hand you a stack of money profiting from PTOP than seeing this ever hit .05 on it's own again.
AND I'm an investor in this. It's looking like a total pure scam. We've been had.
Right I meant .0066
I remember the days of .066 which is still where I'm sitting today. Maybe we'll get back there in the next few years......