Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
No one is selling either though!
Interesting, all of the big penny plays are down and looking kinda risky at the momonet IMHO. CATA may be were some of these players end up, it is looking good with less risk at these levels and more upside potential. GL
Bid is building here.
OOOPs looking and pretty LOL I can spell just type fast and often don't reread before I send.
The chart is still loking prety good even after an ugly few days in the market. CATA's time will come IMHO. GL
Yep, you are right. I had never counted on the news for tues and if you recall I asked were the info came from. He didn't really say of course. You are exactly right realwill look for those keywords. People trying to push action towards a stock with these statements often have them backfire, because when they don't pan out seling often takes place. I still think a little patience will pay off here. GL
WooHoo movement, LOL, back to 36.
Thats fine and all, but Beerman posted last week that a PR may come Tues of this week. Even if for some reason he recieved this info legit it should not be posted. It is just here say, but some people on these boards count on this here say.
I appreciate your sharing the email info from the CEO, but you weren't stating that a PR was coming Tues so be ready. I am sure that the original dates were stated in PR's for a reason. No worries here, and that post wasn't directed at you realwill. GL
Unfortunatley it was posted that news was to be out Tues, I imagine this may be part of the reason for the selling. If this wasn't posted, I believe there would be less selling in anticipation for the dates that were stated by the company in the PR's, and more buying in anticipation of the timeframe posted by the company. I know posting something that states news will be out on a certain date was done with good intentions, but it always backfires from what I have seen, anonymous sources with supposed inside information rarely are true. Lets let the company post news on their time schedule. They would not have put the dates they did if they were going to post sooner. GL
Thanks Familyguy, i finally got in a week ago friday in the high .002s watched it from the teens, but wanted to make sure it was on the right trajectory, my loss. Oh well. I am still looking good here though with my entry point, and I think we all will be soon. GL
Yep, I have had my eye on this for a while, the 100mil I concluded on my own from the charts and SS. Thanks for confirming, it is also a good sign that shareholders were informed of this dilution. Diltion is not always bad if it is done quickly, with prupose, and transparency. Knowing that some of the shareholders were notified gives me greater confidence in the CEO. Thanks Realwill, GL
In my view CATA did dilute over 100 mil shrs from the end of Feb through early March. Check the chart and and volume during that time. The share price dropped significantly while the volume was over 50 mill some days. By mid March that seemed to stop and the share price has recovered a bit on low volume. All days the past two weeks have seen volume well below the 20 some mil average volume, during this time the share price has risen. The low volume and rising share Price indicates to me there hasn't been any dilution since mid- March. Maybe they needed some funds to put this project together? IMHO GL
??? There is hardly any volume today. I have been following the board for about 3 weeks now and the CEO has been in ASIA the whole time from the post I have read. None of them contradicted that, as well as his return to Friday. Just my observations from the post, hadn't seen any saying he was supposed to be back 2 weeks ago.??? GL
I agree, this stock seems to bounce back a little later in the day on the down days. With news around the corner this could be a great buying opportunity with all of the markets deep in the red. GL
CATA may even move better then those stocks mentioned or another similar gold play GDSM because of a smaller share structure. GDSM has over 500 mil, SNDY over 400 mill, and HRBM over 300 mil OS while CATA has only 255 mil OS. This could actually make CATA even more explosive if the news we are anticipating warrants it. GDSM shot up to over 3 cents and is now hovering around a penny with twice as many shares OS as CATA. Food for thought. GL
Markets are closed tomorrow, this may be the last day to get in at these prices if news is expected early next week. GL
lovin it interest is growing as is CATA on the buzz cloud
Got it Thanks
Did tht seller just move down again? WOW a little patience and they could be selling muv=ch higher in my opion.
Looks that way, I think after lunch we will start taking out the .004's for the second time.
Liking the bid and ask above the price, not many sellers below .004
At 10:41 we had 520,000 buys and 590,000 sells by 11:15 there were 6,571,708 buys and 1,142,896 sells. WOW
Impressive! There was over 3 mill at .004 less than 25 min ago, this is looking like it is ready to take off.
Here we go, almost 6 mill buys in the past 15-20 min gotta love it.
Look again wall falling fast
Hold on, this may get interesting today.
Glad your in I jumped in Friday, looks like another .0038 buy. The shares are dwindling away. Going as I type :)
Nice buy went through was that you Amber?
Slow morning but we are green, this could start to gain some momentum once the 2 mil at .0038 is taken out.
Check out post 8630 and then 8490 may shed some more light on OS and AS. GL
I do however think there was dilution from the end of February to about mid March when th PPS fell dramatically, and the OS went from over 100 mill to 255 mil were it is today. I do not think there has been dilution the past couple of weeks though. Just my opinion. GL
In my view we haven't seen any dilution here, and I doubt those convertable shares would be excercised at these prices knowing there is news coming that could put us into the multi-penny range. There also just doesn't seem to be enough selling volume in my view, would they sell a couple hundred thousand shares to make $800 or $1000, doubt it. I think it is just people that bought in the teens and taking some profits.
All the markets are down big today, can't expect to buck the trend all of the time. I think CATA will bounce back a bit later in the day.
Sorry bad grammar "dilution"
I would be worried about dulution but these sells below the bid seem to be small sells of a a half mill or less and are never sustained, they are usually just one or two sells then the price pops back up. Not sure what to think of it, but it doesn't appear to be dulution maybe just mm manipulation or someone trying to keep the share price down. ??????
Big white candlestick with the RSI just hitting the 50 zone, plenty of room to run from here. We shall see what tomorrow has in store for us CATA holders. GL
.0039 Nice Close up 25%!
Growing on the BUZZ CLOUD as we speak!