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Me too. I also said that before Tempus takes off, it would have to tank big. I believe we are only in the beginning stages of what I predict will be a furious correction.
I also said that the contract controversy will have to be clarified. I need proof that Tempus has 100 million in contracts and that all 100 million is guaranteed and only for Tempus. And I mean real hard proof.
Please give me one timeframe in which it would be possible to buy, hold a year, then make big money because I couldn't find any throughout the history of this stock.
This stock is ripe for the flipping, but I'd be careful. Stocks that are this overbought can explode on fake news, but the chances of that happening are small. Moreover, the correction will happen at some point. Buying and holding is just not an option.
A few things. First off, not true. Most people have a margin account, which means that they have to hold overnight, then they can sell next day. That's why I would say to go all in at the end of yesterday (gone) then sell on the open gap up. I do think INMG will gap up.
Secondly, yeah let's talk about the cash account situation. If you can't buy back in and it goes up, great. Find a different stock. On the other hand, imagine buying at the top, then not being able to sell for 3 days, while watching your funds disappear. That is the true feeling of powerlessness.
INMG has gone up too much. It is long overdue for a major pullback. If you hold still and don't buy, and it goes up, not a big deal. You could find other plays. If you buy, can't sell for 3 days, and it tanks, that's unanswerable.
This could tank tomorrow, or it could go to .04, then tank. Or it could go up 2 more days to .07, then tank. That INMG's massive correction is inevitable is not in doubt, but it will come without notice.
INMG is way overbought right now. There will probably be a gap up. Sell at the top of the gap. Then pull out and wait a few days for this to come down.
There WILL be a major correction. If it gaps up, short it.
The big ask is inching lower and lower. From .0321 to .0320 to .0318. Somebody really wants to sell bad. I really hope that this 259k ask is not part of the float that was locked a month ago.
Honesty? Many OWCP executives have been thoroughly and beautifully exposed as frauds. Yehuda Baruch was accused of assaulting his patient. Ziv Turner was corrupt, which is why he was fired. Now OWCP is suing him.
What I said before is that OWCP is one of the most twisted stocks out there and what I am saying now is that it is also one of the most twisted companies.
Of course there is no hard proof that it is a scam. If there was, they would be in jail. When trading the OTC, you can't wait for proof that it is a scam. You have to make up your mind with whatever information you have. May I suggest watching the following video:
No, INMG is overbought right now. If it hits 3 cents, it will be way overbought. hate to say it, but it is time to lay off, let the stock shill out a few days, then buy on a pullback.
There will be a pullback, so don't chase right now. Many people are in the profit and they are all going to look to take profits.
The fact that OWCP is an Israeli company does not mean that it is not a pump and dump. Some scam companies will stoop as low as they want and do whatever necessary, and OWCP has done exactly that. Forget not the fake patents, the fake timetables that they allowed to bring this stock up to 3.23 in the first place.
Yes, you are correct, Israel has been doing MJ research for 5 decades. Well you know what else they have been doing for just over 5 decades? Whatever necessary to protect its businesses and economic interests, no matter how corrupt or controversial those businesses or methods are. If OWCP has investors from outside of Israel, Israel benefits regardless of whether the company is a scam.
I say that OWCP is a scam based on the facts directly related to the company that have come out lately, not because it is an Israeli company. However, to say that a company cannot possibly be a scam just because it is based in Israel is just not accurate. There are so many other groups in Israel doing mmj research besides OWCP, and none of them need OWCP's help.
If you are wondering whether there will be massive contracts this year, the best source of information is the SEC financials, where there are no false statements. The only facts in the 10-Q that are related to whether there will be contracts are on page 21:
On the contrary, the fact that the execs have such reputations proves nothing. It is possible to run a small, unproven scam on the side for a little extra cash. The business model is such that if it works out, they win big and if it doesn't, the shareholders bail them out. OWCP doesn't have to be a deliberate scam to be a scam.
The reason for all the selling boils down to the 25% of the float that was allegedly locked. Regardless of whether PGAS float is 24mil or 30mil, 25% of the float was reported to be locked about a month ago.
It is that 25% of the float that was 100% loose last 2 days. The effective float went up a lot. That's why there has been no rebound.
You think this will bounce off .20? Where are the support lines below 20 cents?
Secondly, do you think that the support lines are dictated by the chart or by L2?
Actually this did gap up. I sold my 2000 .206s from yesterday at .2529 on the bid right at the open for a $83 gain. I sold at the bid only because the ask was .0001 higher and I knew this would tank to fill the gap.
It's really amazing how a small trader like me can dictate the early direction of a high volume stock like BTCS. Feels good.
Not true. That implies that I actually plan to buy at .27, which is not happening. .27 is too risky a price. I am not spending a cent over .21. That is the L2 support below .28
Put a stop loss at .27, because if .27 hits, this goes all the way down.
I told you, this was a stock to flip, not hold. No OTC is worth holding, ever. I also told you that this stock is very difficult to sell, when the time comes.
I do, however, think that if this goes below .045, then you should buy, because it is already oversold even at this price of 5 cents.
You won't get an answer to that question for 2 reasons.
1. If Tempus has that information, giving it out would be inside information since it is nowhere mentioned in the 10-Q. In fact, not only do the financials not have information on new contracts, but they have no information on any contracts already in place, most notably the massive 2016 contracts. This is most likely due to the fact that the contracts are either not completely awarded to Tempus yet (if ever) or the information in the prnewswire articles is crap.
2. There is an excellent chance that there will be no new contracts. I suggest you read page 21 of the 10-Q very carefully. There are specific circumstances unique to this particular company that will put it at a severe disadvantage when competing for new contracts.
The 10-Q:
http://ih.advfn.com/p.php?pid=nmona&article=75489117
The fact that “TAS expects to issue to the Seller approximately 6,730,769 common shares at a value of $0.52 per share” does not mean that the shares are worth 0.52.
It only means that the total payment was $3,500,000. Tempus could have just as easily issued 3,500,000 shares for a dollar or 35 million shares for a dime each. All it proves is that Tempus intends to pay $3.5 million, but they don’t have the money yet, so they need to issue shares.
They probably set it up in an attempt to manipulate the share price from .40 to .50.
The deal isn't done. Let it be finalized and then we will see what the full terms of the dilution are, such as when the shares vest out, whether the exact price of the shares will be .52, whether there is a return policy, etc.
Just because Tempus technically has 3 institutional investors does not prove anything on its own. Let's not forget that none of them have anything to lose, which is why it is impossible to rule out the possibility that they invested with the plan of swindling investors.
2 of them are pretty meaningless. AQR has only 700k shares. There are heavier investors within the TMPS float itself. Cowen is a known dumper and has proven that as soon as the shares free up, they will be sold.
Therefore, the only "institutional investor" that matters is the one who owns 79 million shares, all of which were obtained through dubious methods. This is an "institutional investor" that has never raised the stock price of a single company in his entire history. The only company that he "helped recover" never had a stock price and was bailed out by mass firings and reduction in manufacturing.
So to say that TMPS share price will skyrocket just because they "have institutional investors" is not accurate.
Right, but the key is to know the correct support and resistance points. I know that the 2 key numbers here are .20 and .30. Where is the support below .20?
Sorry, forgot to mention. Tempus doesn't expect contracts in the future. At least their tone suggests that they are not very optimistic. Read page 21 of the 10-Q:
Medmar $300k sounds like a buyout. The alliance was created a few months ago just to impress shareholders and get them to buy the stock. The share selling continued.
2 million cash is now 1.4 million. That’s okay, but what happens when that number goes to 0? Revenue or dilution?
When the Medmar hype chilled out, OWCP busted out. The entire Medmar deal was a scam from the get-go. Never had a chance.
Yeah I was thinking the same thing since there is a gap at .14.
Thy gap shall not be denied its rightful fill.
I mean, it really could bounce, but buying in the high .20s is very dangerous right now.
What's with the massive selling under .031? I'm really hoping that people buy at those ask prices and this thing goes up. There are so many sell orders that just popped up. I really hope that the .03/.029 support holds.
Now I see people have moved up their ask prices. I had a chance to sell at .034, but didn't because I honestly thought that this would bounce.
Ahh, cancel now. It's going lower. No reason to buy in the .30s today. This stock is crumbling. Nobody is happy with the 10-Q.
Also, averaging down implies that a direct bounce back is expected, like going from .40, to .30, then back to .40. Does not take into consideration going down to .30, then bouncing back to .33, then going down to .22, then bouncing to .25, etc.
Agreed. No need to buy above .30 at all. It seems that OWCP finally told us a little bit about their expenditures, but there are still a few unanswered questions.
From the 10-Q:
I'm not going to speculate on where the revenues are coming from, because there are many possibilities. For one, owner Eliasch's friend or family member might be making donations to his own company just to show something to investors, knowing that he is only donating to himself.
There is nothing in the 10-Q eliminating that. Once again, process of elimination to guess where the revenue is coming from is not a smart option, since Tempus has a history of dubious business practices.
Well there’s more. Tempus has doubts as to whether they will get any new contracts. From the 10-Q:
The idea that said revenues come from contracts is speculation, not fact. It does not say anywhere the source of revenue. I would never buy TMPS just by assuming that the revenues come from the contracts, let alone the big megamassive ones if the company does not have the guts to say so.
I'm not going to speculate where the money came from. I want to know definitively that it came from the contracts, or from other anonymous donors.
If they had more cash, they would have spent more money on R&D. I'm happy they increased spending there, but it is still a very puny amount. I understand that they cannot afford to spend more, but that only means that they could use more money. To say that more cash will not help the company is just not accurate.
Secondly, where does this cash come from? Please explain the meaning of the following statement: " This increase of 433% is primarily the result of increase in stock-based compensation and amortization of services receivable". What is stock-based compensation? Is it dilution?
OWCP definitely has the ability to grow, but for the next 6 months, at least, all growth will be at the expense of the shareholders. All I'm suggesting is not to buy right now. Let the price drop a bit more, then buy in a few months. If you own shares, sell and reload lower.
The 10-Q is a complete and absolute disaster. OWCP still does not have a shred of revenue, from the 10-Q:
The 10-Q is a complete and absolute disaster. The official SEC filing is very different in nature from the phony prnewswire articles. In the prnewswire articles, Tempus brags about all the contracts that they allegedly were awarded. This 10-Q mentions nothing on the contracts. In fact, it gives the following language:
American Bulls has delivered OWCP the SELL signal pursuant to the following:
I agree, a huge multimillion dollar contract would send this stock into multidollars IF the contract is for Tempus, all of the money is guaranteed, and the amount of money guaranteed to Tempus is clearly stated in the financials.
It would also help if the contract were posted on usaspending.gov and the DoD contracts website.
Okay, now I am going to take a look at the 10-Q which I haven't had the time to do yet. This 10-Q will answer the following question:
Is TMPS TRUE or TRASH?
That 100k bid at .0250 is a monster. I really hope that .028 holds. Looks like there are some buyers coming in at .029
Okay, I now own 30,000 at avg .0306. I really hope this corrects to at least .04.
Okay, I took a look at the 10-Q. First, I don't usually buy pump and dumps before the release since phony hype usually causes the tankage when interest decreases.
Secondly, I didn't see anything new and negative when glancing at it. I only skimmed it, but I didn't catch anything that bad. If you ask me, it's not what's in there. It's what's not in there.
There is no mention of the share structure. We know that the float is increasing and that there is dilution, but what are the updated numbers??? I think people are selling because they wanted to see the share structure to clear up the controversy, and the company just eluded the entire topic. That's the only thing I can think of, but I may be wrong, who knows.
I'm not chasing. I didn't raise my bid from .322, and I do not regret it. I'm going to keep this bid on another 10 minutes, then I'm going to cancel TMPS for the day. Chasing is a very bad idea, and in this case a grave mistake.
Okay, I bought more at .0285. This better work out. I'm getting real nervous here.
Also, I just opened the 10-Q. I'll take a look now and see what's up. There might be something in the 10-Q that's causing the selling.
Okay, I'm down $60 and counting. 0.29 is coming. How low can this go??? And since I only have $350 in this, I ain't selling 2 days at least.
This is scaring me!!!!!
LOL