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It has not increased since August 21, 2014.
Then this drop is not associated with dilution. If that's the case, then why are so many people selling. I bought 300K shares at .052 on Tuesday and it started selling off that same day. That's how my luck has been since I bought this.
NO MATTER HOW YOU SLICE IT STILL 50m o/s * 27m float
Yes, I can't argue with that fact. That said, If they are diluting it's killing us. The lower this goes, the harder it will be to recover. On the other hand, if they aren't diluting then the low O/S and float isn't helping a damn thing, is it?
They retire 30 million and then dilute 10 million?
I agree with that.
It's just not stopping. I expect it to go lower yet. I wonder if yesterday's PR was meant to dilute into? CSTI is a really good one for dilution. They have been at the top undercutting every other M&M since the PR. Anyone check the with the TA yet today?
At least it looks a little thinner back to .04 now.
L2 lies just like the market in general. They're all crooks and the only cure is to stay out of the market.
What's your opinion on UPZS? Why the huge sell off? I thought it would bounce today but man, right now it sitting at .027.
Edited:
I also asked that person last night why he/she is saying its stuck in a channel when it was clearly outside the bollies for two days.
I just don't get how some people have such a hard time understanding plain English. The Bollies are not the top of the channel. The bollies just indicate over or under bought. The top of the channel is $2.20. If you can read a chart just a little bit you would plainly see that.
By the way, have you seen what LIQD is doing today. People just hate the truth.
Call me dumb, but I have no idea what "it imho" means. What does the "it" imply?
Anyway, how about sharing your conversation with us..
I'm in at .052 with 300,000 shares. This sucks but I look for a recovery in a few days. This company has potential and it sounds like good things are about happen, I hope!
Stocks form personalities and trading patterns. The trading patterns are usually based around certain volume patterns. Right now the chart shows a pattern that has developed since the .006 bottom. The stock likes to move up hard for a few days and then form a downward flag type pattern. Right now it is forming the same flag pattern it did after the last run to just under .06 cents. The last time it flagged like this it did so for about a month and a half. I don't think it will do so that long this time but it does need some time to do its thing. The chart is in a step up pattern. The only thing that will change this pattern is more consistent volume. That will only happen when the company gives us news that will entice people to buy. The stock is above the 50 day which is a good thing.
UPZS PR made up company IMO
I don't think it's a made up company, they just released a crappy fluffy PR with no tooth.
I really don't think a three-time Nobel Peace Prize nominee (Dr. Reddy) would be associated with a fake company. I like the future here but they need to pick up the growth pace and give us substantial PR's.
Why not wait until the end of next week for a PR regarding the developments in Denver before calling it fluff.
Because it is fluff. There's nothing substantial at all in the PR. Look at line 3 in the link.
http://dictionary.reference.com/browse/FLUFF?s=t
The market agrees with me and disagrees with you. You and I don't count, the market does and it thinks the PR was a POS. The proof's in the pudding.
Here's the deal; today's news is a typical pink sheet news release. It's selling off because the news was all fluff. Here's an example:
its Master Franchisee of Denver is ready to start developing their proprietary market. Bridgeton Holdings Group LLC. purchased the right to become the Master Franchisee of Denver in 2012 projecting they would not be able to start the area development until late 2014.
What has happened yet? Nothing has happened yet, the PR just states they are going to start doing something, it's all fluff that's why this junk is selling off. Here's another one:
Corporate will travel to Denver next week to meet with BHG’s team and continue to work on, site development.
Next week? Why didn't they PR us next week with more substantial news? The whole PR is all fluff. It basically states nothing except a plan to start something later, all hearsay and fluff. Stocks go up on good news and down on fluff. It's that simple, what a bunch of pink sheet BS!
You are good my friend, you understand what's going on. It's still a tough game though. I've been doing this a very long time, way before the internet was born and I'm still baffled at times, but I still make great money over-all, but not every day.
You are wasting your time. He even made the case himself that it was a great longer term hold but now its the stock is garbage.
LOL, again, I have the right to change my mind. I have presented enough fact and opinion here to uphold my case. This thing could breakout tomorrow, no one can predict a stocks movement. If it breaks the magic number on volume, I will be yelling buy, buy, buy!
UNTIL THEN, IT'S A DOG!!
LOL, sorry Matt honey if I upset ya, that is and was not my intent. As far as replying to your post, I do have the right to change my mind. I no longer like this stock because it only goes down with occasional spikes to sucker new traders and investors in. It is in a channel with the high at $2.20. If it breaks that price and volume number, it will be in its first uptrend with a big buy rating. The day after the $2.20 high on over 5 million volume, the stock retested the $2.20 high but on only 2,505,900 and couldn't get through it. That should tell you something.
http://finance.yahoo.com/q/hp?s=LIQD+Historical+Prices
$2.00 is still a downtrend. It must break above and close above $2.20 on more than 5,679,300 shares traded which was the volume at the high of $2.20. If it goes above on less volume it will come right back and either retest $2.20 or close below it again and remain a dog in a down trend.
I hope you're right honey!
:o)
Saying I hope you are right my friend is crying? Perhaps an English comprehension class is in order.
But, I do wish you luck.
Saying the stock is a dog is like saying mickey mantle sucked at baseball because he had a 3 game slump.
How could you even consider comparing this stock to a base ball players three day slump? This stock has only gone one direction since its inception about a year ago. One direction my friend, and that's been down. Look at a weekly, monthly and daily charts to see what I'm saying. This stock is still in a down trend until it breaks $2.20 with volume. It's a dog! It didn't help that the company diluted less that a year since their IPO. They will dilute again when their cash burn eats up reserves. They still lost a lot of money last Q, .15 cents a share and 6.2 million before taxes.
So what you are saying is because the stock went down the financials got worse all of a sudden or they are no longer signing up customers or are no longer debt free?
Good God Matt, you should consider a reading comprehension class. I said nothing of the sort. I said the company is good but the stock representing it is garbage. That happens some times. Go back and read my posts again until you can understand what I am saying! Also, my posts are JUST MY OPINION and I could be 100% wrong, but I doubt it.
Hope you are right my friend.
That was before I was familiar with the stocks dirty habits.
Matt, do you have a short memory or what? I have posted several times on this board that LIQD the company is in pretty good shape with great growth prospects. I like the company, but do not trust the stock. The stock is one of the biggest dogs in the market. When a stock so severely lags the company's worth it is a dog. LIQD the company beat earnings estimates on the top and bottom lines quite handily. What did the stock do?
I have posted predictions several times what LIQD the stock was gonna do. Last one was the stock would retest its 52 week low at $1.20. It came close at $1.25. I posted that when the stock broke down after earnings at around $1.80. I'm not bragging because I hate the I told you so crowd. Just trying to convey my gut feeling and chart reading has been pretty close to spot-on with this dog. Some times you get stocks like LIQD that just never pan out for what ever reason.
Again, I wish you luck with this dog and if it turns out I am completely wrong about LIQD the stock, I will eat chit and post such on this board. I am always willing to admit when I am wrong, that's what honest people do.
Most stocks under $5 will have $hitty balance sheets
I agree with that, 100%. In fact, I would say most stocks under $30 to $50.00 carry a lot of debt and are a gamble. The market is a tough place to play.
You are so spot-on about not being in the ones that run hard and the ones you think will run, usually don't along with the fact that this board will usually not see very many of them.
I've missed a lot of great runners just because I wouldn't chase. I bought TASR a few years ago at $30.00 (a thousand shares) and sold at $54.00. I was feeling great about that trade for a couple of days. The stock backed up to $51.00 and took off. It ran hard, I mean hard over $10 to $20 a day and split at a little over a hundred. It then went over a hundred again. I never chased and to this day, I haven't gotten over it. If I would have stayed in, I would have at least bought another thousand shares. TASR isn't the only one I have missed like that. I have left hundreds of thousands of dollars on the table cuz I was chicken chit to chase.
LIQD Did exactly what I thought it would do. It cannot seem to sustain any MOMO. It's a dog..
I hope so, but it isn't looking real good right now.
Good post Matt and I agree with you for the most part. I wish you luck with this stock. In the mean time, I'll just keep trading 10 to 15,000 shares on dips and spikes.
Matt, I have never said LIQD isn't a good company with great growth potential. Basically, all I'm saying is their stock is crap and is not to be counted on or trusted. The stock is not properly representing the company and is either being heavily manipulated and or shorted or both. In order for the down trend to be broken, it must break and close above $2.20 on volume. Until then, there is no direction in this stock, it's stuck in a channel. It's a traders game with LIQD.
LIQD showed its true colors today, suckering traders in at above $1.80 and then reversing. This stock smells. There is something wrong with this stock. Perhaps it will be good long-term but right now it can't be trusted. For whatever reason, it's either being shorted or manipulated by the M&M's for their unknown reasons.
UPZS, sure didn't payoff to slap the ask on this one today. I'm getting my ass kicked on it so far.
UPZS is pretty thin. L2 is accurate, that's why I had to slap the ask and chase it up. All we need is 70K more shares at the ask and we see .06 cents. Looks like it could come fast.
I'm in, just got done slapping the ask for 300K. I got her moving.
But, how do you know? I almost always miss the good ones. You gotta find them and then get in early. Aint so easy, for me at least.
I am long LIQD right now but will sell at first sign of weakness. I like the company and their potential. That said, chances of this thing going up two days in a row are remote but it could looking at Friday's volume. Most of the time though, this stock just doesn't act right. Most of the time it is a POS! It doesn't reflect the company it represents. If this continues up, it will surprise me because it never ever has. It's just the stock has a history of going only one direction and that's down with an occasional suckers bounce like we had on Friday.
I know all LIQD longs are going to be pissed at me for posting this, but the truth is, this stock has only gone one direction since the IPO not that long ago. It goes down on better than expected earnings and for no logical reason at all. I trade it, but I do not trust the stock. Again, I like the company but not the stock. It needs to continue up and close above $2.20 on volume to break its current down trend.
I hope so, I hold 10,000 shares. It's just the stock has a history of going only one direction, that's down with an occasional suckers bounce like we had on Friday.
As far as the big guys never being wrong, ever hear of Enron? All the big guys were wrong in that one. Also, they say most fund managers have a hard time beating the markets movement in general. That means they are wrong more times than they are right. That means big money isn't as smart as you may think.
There isn't anyone here that can argue with the truth. Truth is, this stock has only gone one direction, down. I've been trading the bounces and declines. Right now I'm long 10,000 shares looking to sell first sign of weakness.
I honestly think the company has potential but the stock is crap for anyone faithfully holding long. Until it breaks its recent $2.20 high with volume, the stock will remain in a downtrend, technically.
LOL, I guess I must have pushed your button. That said, I never said this wasn't a good company to gamble on, just the absolute fact that this stock is and has been a piece of shit ever since it IPO'd. All one has to do is look at a chart, no lies there. If this continues up, it will surprise me because it never ever has. Again just look at the chart. See below:
[charthttp://stockcharts.com/c-sc/sc?s=LIQD&p=W&b=5&g=0&i=t74435421430&r=1409422781646][/chart]