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.
This stock has very short legs and can't get above $0.115, try as it might. As soon as the BID line comes up the SELL line slams the door shut. This is getting dumped into. We will be deep in the $.10's again soon at this rate.
OK, so here is what I see in the last few days, nearly zero up move in share price, volume off the charts, high volatility, tons of shares changing hands. This tells me either this is poised to much higher values quickly or fall off the cliff into shareholder hell. The question is which? Not giving me a warm and fuzzy feeling though, no clear direction. I get all the positives for the company, the company will do fine but that doesn't always mean share holders will do well too, in the short term. Just a thought...
This stock needs to end the day up above $0.115 today to break above resistance, lets see if the share dumping drops off enough to allow that?
Someone is trying to stop this stock from passing the $0.11 mark in an up recovery trend today. Every time it hits $.11 a large chunk of shares pop up on the sell side @ $.11 and goes away as soon as the bid drops to $.1098 and the sell side goes to $0.1099. Finally broke thru though! Nice!
This is going nowhere fast until the selling into any strength is over. This is getting shares dumped on, likely thru warrants issued. This is diluting still, the question is by how much? Thought it might be over on Friday but nope, not yet.
On my last check the company has 127.8 Million shares outstanding. It had 66+ Million back in November 2016. This is not major dilution even if the OS is double that. It issued a bunch of warrants back in November. Maybe those are being exercised now and some dilution is going on but it's not major by what I can trace.
If this can manage to close OVER .12 today then it's on it's way higher I believe, at least until the upcoming Wednesday conference call, then ????
Ahh the morning dump into any strength... so predictable anymore. 5 million shares sold in the first 5 minutes. give it 15-20 minutes and wait for the reversal.
That is all likely paid based on the money in escrow (70 million) and the money for equity exchange back in November 2017. It's a non-issue going forward.
Balls bounce and knives stick into the floor, lets hope that NVCN is more like a super-ball!
In 10 minutes from the open 10 million shares have already traded, great if we were to the upside of close but we are DOWN again! Shares are getting dumped into any offer on the table! No matter what good news comes out just seems this one is going to get played until it's dead at this rate.
Not just the company, it's deep pocket investors/players that do the penny shuffle. They buy a crap ton of shares at say .1010 and then dump them when the stock gets to .1070, they make money and the stock falls to where they can buy more shares and do it again...and again...and again...people think mass dilution is going on but really it's just flippers! FYI
Problem is, every time it starts to get legs and go up then they just dump a large SELL quantity on it and take it back down. It can't get any traction like this. If this keeps up, I'm back out.
If it breaks .10 then it's in a death spiral from there with nothing but perpetual dilution until a massive reverse split! Run for the doors on any blip up.
I always love it on these boards when you get people that say $9/share buyout, yeah, that's not going to happen anytime in the next year. Does this stock have potential to run up from here, absolutely! Based on the FACTS I've found out for this company, even with the financial hit it took last year, it's still on track with two "best in class" innovations in a potential Billion $$$ market. Buying modestly here and taking the ride is my advise based on the available information and studies in progress. When the sell line gets thin, then we will see a steady recovery, not until then though. Be realistic investors folks! Buying too early and you get burnt every time. What's the old saying, "don't try to catch a falling knife", wait till it hits the floor, then pick it up. Just my thoughts, we are all adults here. Good luck!
If this holds above .1021 and doesn't test a new low then I'll hold, if not then I'm out because this will be in a death spiral in days to come. Right now the sell line appears to be drying up so we'll see.
Interesting stock TUNG, seems to be improving the company as it took earnings up to $26.45M (net losses were $27.86M though)for 2016 fiscal year ending on April 30, 2016. Net losses stabilized from $27.61M and earnings increased from $23.25M in 2015 fiscal year. There were several areas where management showed significant improvement and as mineral commodity demands rise; I expect 2017 to improve as revenue costs improve for TUNG. With no dilution in shares; I don't think this stock will stay this low long. It's doubled in share price over the last year with little driving force until now. This stock seems very under valued at this point. IMO
With 893 Million Outstanding Shares at this point and billions of Authorized shares, this could be a problem, depending how fast the Authorized shares get put on the market and gobbled up, thus diluting this share value even further. The last quarters 10Q was less than stellar , to say the least. The video streaming deal, IF they can come out with an APP that actually works as desired and publicized would create a healthy revenue stream; that depending on the artists they sign, could be very significant. That is where any value in this company is. It's wait and see until then (early 2017, supposedly) and hopefully the OS number will not exceed 1 billion by then. If it can hold the 1B OS line, then this stock could easily see the $0.01+ range, until then, it flounders with hopes for no more large stock for cash deals to float FDBL or there could be no equity left for current share holders. IMO.
The 9.5 Billion shares AUTHORIZED can be rolled back at any time and cancel the majority of them with an SEC 8-K announcement. This is the slowest dilution I have ever seem for a sub-penny stock that has a legitimate product that is showing increasing demand and diversification into new products that make monetary sense. The new product, depending on roll out and glitches after that, could be a block buster or not depends on the products revenue chain attached to it. It's all about revenue and revenue chain. IMO
Hopefully, I think they are shaking out the issues and defects within the product before trying a big market push. Their total subscriber base is low compared to others in the same space. Once the products issues are resolved and the live streaming added successfully then this has a much better chance for success. IMO
Overall Rating 3.8 out of 5.0 on Google Play Downloads
1,087: total ratings (scale of 1-5)
5- 616 (great)
4- 122 (good)
3- 99 (OK)
2- 50 (SO/SO)
1- 200 (poor)
Overall this app has far more approval ratings at the Google download site then negative. The ratings have improved after version 1.18 came out a short time ago and almost ALL the problem are Android problems. The latest version of software works with Android version 4.1 or higher. There are a lot of version 4.0 and lower phones out there still in cheaper and older phones. Might explain most of the issues. Biggest complaint is "lack of user base" and still far more satisfied then unsatisfied users. Lets deal with FACTS and NOT speculation so much here for once. They need to expand their user base to be successful.
Someone is accumulating shares today. 16,747,557 shares traded today so far according to TD Ameritrade and up on the day so far 8.33% on the day. Refreshed page and now only 3,580,236 traded instead. Refreshed again and now back to 16 million plus shares traded. Don't know why that happened?
What's likely happening here is very simple; people are buying @ .0035 and selling @ .0040 and above and this stock cycles like clockwork. There is no MASS dilution happening or this would be in the .0001-.0002 range really fast and bounce there. It's simply buying low by those knocking the stock and then selling on the news or when it bumps up. That is what is keeping this in this range, that's why it isn't going anywhere UNTIL the news is huge and blows through the buying power of the little fish playing this stock and keeping it in this range. Everyone here bashing this stock is likely trading it daily and those praising the stock are likely doing the same thing although some might be loading at the lows and waiting for the big push to sell. Good luck to all! JMO
Typical board some claim glorious numbers coming and others claim it's a bust and scam. I've seen the scams, doubt this is one of those, not the right pattern. Could it go bust, sure and just as easily go big. My bet is they will get the bugs out of the Android version of the software and after a few fits and starts will move UP. This looks to be the bottom to me and I'm loading at .0036. IMO
What you do is up to you.
A fools errand to wait for this to go much below .0035 IMHO. Those who keep waiting and spewing negative comments about this sub-penny stock are just trying to manipulate the stock to buy in cheaper. Yeah, dilution is a factor, it's common in sub-penny world. Not for the faint of heart. That said, bought plenty of sub-pennies and made money more then I've lost. It's all about DD. Look before you leap. FDBL is setting up to be a highly probable winner over the next year. Again IMHO.
If there is a rise in AS then why retire 700 Million Common shares. If a company wants to dilute then why retire any shares at all? The TA gag is not a good sign though, I agree. More worried about lack of earnings update yet. Soon I hope.
There is actually another alternative other than dilution, capitulation on the part of a couple of investors would give the same results. Dumping shares they held on to WAY TO LONG.It could be a bit of both though.
I would be surprised to see a R/S any time soon. I've seen plenty of sub-penny stocks load a billion or more shares and pump and dump till the cows come home. This stock (for whatever reason) is NOT following the classic pattern that leads to a R/S, short term. The gag on the AS doesn't sit well with me though. Dilution here is minimal to moderate(at worst)from my calculations, especially with the retirement of 700 Million shares earlier this year. I think a substantial PR is coming that will turn this upwards again. I think the FACTS will bear out and this stock will gain later this month in a substantial way. JMO.
Another day in BYSD paradise... Getting a little dull listening to the crickets and not much more out of BYSD exec's. A PR to let us know they are still alive and selling BITCOINS would be nice. Just saying.
I was thinking about the last preliminary earnings release $3.2M with $168K in NET earnings. Some thought this was not very good but in reality, based on a Bit-coin selling for $275 right now and BYSD is charging $309/coin, minus the cost to them for a bit-coin means that BYSD is grossing about $34 per Bit-coin sale . Multiply that by about 10,356 coins (3.2M/$309= 10356 bit-coins sold) and you get about $352,103 gross earnings so after all expenses to wind up with $168,000 net earnings is not bad at all. That equals about a 47% margin. Not bad at all. On a yearly basis then, providing all stays the same, then your looking at NET $168K X 4= $672,000 NET in a year. That's with zero growth... Now factor in the GROWTH of bit-coin sales and these numbers are going to be on the conservative side, IMO.
Not for nothing but MOST of the buys today happened at the ASK, .006's and in the last hour or so impatient people sold small amounts into the BID @ .004's. I'm surprised that someone isn't yelling DILUTION because a little over 1 Million shares traded today. It's more like DELUSION, as in you are delusional if you think a lot of of dilution is happening here. If they are diluting this stock then it's at the slowest pace I've ever seen in Penny Stock Land. The 18 or so Million BID @ .004 would have been gobbled up in a second if dilution was happening. This is just the doldrums for this stock and a perfect buying time. IMO
Invest in BYSD or don't; that's up to each individual. BIT-COIN is here to stay and it's acceptance is growing. It makes sense to me that companies that fit in the right niche at the right time are destined to rise with that acceptance. BYSD fills a specific niche that is EXTREMELY important to Bit-coin buyers, "security". That's the draw for BYSD. Now if BYSD executes and makes us (investors) all a few bucks here, that might be nice too. Real nice...
There indeed is a "300 percent rise in bit-coin sales in the EU in the last few weeks but almost none is from Greece", excerpt from tweet from a large bit-coin sales company. The Greeks can't access bit-coin purchases right now. This is from the same link you pointed to in your statement but different section of page. Who gives a crap about if GREECE is buying bit-coins, the rest of the EU (that have access to euro's) "is" buying them and they are gobbling them up according to recent articles. That is what spurs demand and with demand comes price increases for the Bit-coin. That's where the positive news for Bit-coin is. IMO
And just like that 10M shares are bought at the ASK! Amazing what a little PR for BITCOIN can do if it's on a major news network. I'm surprised the ASK hasn't gotten thinner and the MM's aren't pulling off the ASK to raise it and make even more money.
Bit coin in Greece being talked about on CNBC next after commercial break!
I expect, right after the first of July that there are going to be some early fireworks in BYSD land. Watch for the end of the first quarter results to be announced and I'm betting its going to show $3.5+ Million total revenue with total NET earnings in the $200+K area. I admit those are not stellar margins BUT it is earnings POSITIVE. If sales and earnings keep this pace for the rest of 2015 then we are looking at $9-11 Million in sales with NET earnings likely in the $1+ Million area. Do you really think at that time this will be a $0.0005/share stock? As to dilution, a stock that is diluting does NOT retire 700,000,000 restricted shares as BYSD has. Why this stock is still in the $0.0005/share area now seems to be a lack of transparency by not filing with the SEC regularly. I suggest they start doing that ASAP. All my opinions but that's why I've bought into BYSD and the facts back it up. If the numbers being put out by BYSD are true then it's a no brainer. Good investing to all.
I've seen this time and again where people rush in when there is a bunch of hype or news then get bitter when it settles back for a bit before the next run and they get nervous and SELL low! Then when it goes up again they try to bring it down any way they can just to get in and not take a loss. To those I say, Good luck with that... This stock is going to have fits and starts but WILL eventually go UP and the SMART ones will get in now and hold on! It might be a "Space Mountain" wild ride from here... not for everyone... but I like rides and I like BYSD.
Dilution is NOT going on here in a big way, AT ALL... If you want to see dilution go look at PEII's chart. That was a MAJOR dilution scam that "promised the world and didn't even deliver a town"; then just sold massive shares into what ever BID they got for there crap. I think it's more like "impatient capitulation" by owners of the stock who bought at or above .0008 who are getting nervous and dropping out with a loss but not willing to risk it all. Just my observations, take it for what ever it's worth to you. Looks like a good accumulation level to me. IMO
It takes a LARGE negative catalyst for that to happen and as on now there are only POSITIVE ones out there, so thanks for the thought but NO, your wrong.