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this is the penny market. They release more updates than facts. I think 99% have a good story but never make it. i am staying at the sideline and will jump in when it is a done deal but i am not taking a chance here to loose half of my investment in a week if i buy it now
people are bailing out because a lot of retailer are not patient enough and have lost their faith in Tom. At this point he better not bring out an update that "it is almost done" because investors will not believe him anymore. He needs to shut up now and release the 8K. in fact he must not care about the stock price right now because that will take care of itself. but i think this stock will loose all the flippers now and short term investors and will reach its real bottom in the next days.
if there is no news today or in the next days this stock will slightly go lower and lower. Tom may never have given investors the impression the 8K would be out in september because he misleaded investors with that. IF there is a delay he can just say that and nothing more but ' we anticipate to get it done by the end of the end of the month" was not smart because it is going to hurt the stock price now
if the 8K does not come today this will go down again. only the 8K or a pr exlaining the dilution can take this stock over 0.04. I will watch it from the sidelines and will get in if all looks good and sure.
i just don't like the delays and the stock dilution. i can live with the delays but why the released 2 updates in 10 days is something strange for me also. if you just say it takes more time than expected,that should be enough not?
At the time of the updates big chunks are sold (dilution) so i am going to wonder that these updates were released to maintain buying pressure for the dilution. this is how many pinks do it by the way.
so if the company could explain where the dilution comes from that would help a lot. if they don't say anything you will see what happens. don't they have to file a 10QSB because we will see there who disposed stock from the insiders and who bought more.
billion, i have seen it happening many times and this could be the next in the row. can you guarantee me it is not? i guess not and i am just looking at the facts. If the 8K comes out this is worth something but no guarantee about that. And give me one good reason why he releases updates?
also explain me where the dilution comes from?
if you can answer that, i can reconsider my view on this company at this moment
adamp that is what i mean, the previous run up was created by the "feeling" the 8K would come out immediately. IT did not came and the price collapsed and what did they do? guess 3 times: AN UPDATE PR! now tell me which big company on the nasdaq has ever given an explanation why something is not done yet? They just don't give "updates" because it means NOTHING and they are from the principle they public will know it when it is done. where do you see updates and updates all over again and shareholders letters?? guess again: on the otc and pinks. do i have to make a list here with companies that promised filings,mergers and buyouts that never did happen?
i will be very surprised if there ever comes an 8k but we shall see this week. Could be this is for real but it is 50/50%
i am out here, it is the same story each time with these penny stocks. A real company doesn't releases "updates", they don't care about what investors think and the public will know it when it is done! that is how it works on the big board! Here in pennyland they create "buying pressure" with Fluff updates and it is no coincidence dilution is going on and nobody knows why. Do i have to draw the picture? I also believed in this but the longer i am looking at this stock the more i think it is just the same as all those other penny stocks who promise but never deliver and dilute and and when it is low do a RS. just look at the facts and think what you want.
curious to see what happens tomorrow if there is no 8K AH
i am selling at 0.03 but only getting a partial fill. isn't there someone who wants to take my remaining 160 000 shares at 0.03?
they shake it very fast so that weak hands would pull the trigger also and move it up much faster so they need to buy back higher. this is simply no good stock to flip at this moment unless you are lucky and just bought at the right price and sold at the right price but it is better to hold long term and don't look at the price each minute. After the 8K all will be clear
just got back in with 500 000 shares... lets see how this plays out today
i am getting in when the 8K actually comes out. I am curious to see what the end of the day will bring if there is nothing out yet. i will pay more but at least i am more convinced then this stock will go over 10 cents
will be a new HOD soon
yes,exact the same as what happened yesterday. at the end the MM let this run 1 floor higher to floor 4...
8K can come out AH or pre-market monday and some people want to be in if that happens... you can't blame them
where is the 50Ma
going to break 0.04 easily...still more than 2 hours to go
who is pretty familiar with this company. i just jumped in with the hope the momentum will continue next week
current bid and ask?
0.034 will be broken shortly
they are going to test 0.025 where the break-out was yesterday in the last 30 min...i think it should bottom there
profit taking but nothing to worry about i hope lol... maybe 0.025 will be tested but we will close green
same scenario as yesterday. i think we could close easily above 0.045 today
momentum of yesterday will continue today
gapper tomorrow
if we surpass a volume of 50M today and have a rise above 30% we will have a gap up tomorrow and the upward trend will continue...those who waited to get in,will be very nervous now and better get in now. i was in the same boat and decided to go back in in the low twenties
0.026 will be broken in the next 30minutes imo
people who wanted to get in under 0.017 will have to buy today because otherwise they are to pay each day more and more for this stock from today. you can feel the momentum has changed
a close above 0.025 will give this stock wings for tomorrow. With a "pr" we can do crazy things tomorrow and the last time high of 0.086 will be broken then
in the next hour we should be above 0.025 and stay there.. does anyone has the phone number of the company or Tom?
i think the west coat is going to wake up now and they will be surprised the momentum has changed
my plan was to wait till monday and buy under 0.02 but i needed to change my plan today when i saw this was turning into green in an hour with nice buying. This is no coincidence imo and i have bought 500k already at 0.023 and will keep an eye on it right now but i think we could close even higher.
some are getting nervous now... people who are not in yet don't know what to do at this moment... i suggest buy a part already now because this could be the turnaround from red to green and it appears to me the MM let it run now
i am buying at the ask right now, the momentum could have changed today but still too early to say but i have just bought 500k shares again and lets see how the next hour will be
we shall see how this plays out but "updates" each week is not something "normal". have you ever seen a big company releasing 3 updates in 14 days with no real facts in it. At the same time dilution is going on. for me that raises a red flag and that i have to be carefull. That tom scozzafavva or whatever his name is is the ceo means nothing to me because i don't know him personally so i don't know if i can trust him or not
ocipio,because it is not so smart to buy now because many still hope the 8K will be out friday AH or monday pre market and that keeps the price around this level. if people see monday there is nothing yet, a lot will sell imo. i have seen this happening already with other pink sheet stocks.
flanders, i am not a basher, i have bought this above 0.03 but i am out now because they say too much, and i don't see any facts and my experience tells me i better be carefull. if you have seen sulja bros in the past,you know what i am talking about. Promised a merger and at the end no merger.
it will go lower because they will never get an 8K out before monday and the company let us believe the 8K would be out by then. big mistake by the company with their "updates" and i have placed my buy order at 0.012
Tom has created this "mess" himself with his updates...he should have said nothing and when it is done, release a good pr and an 8k. for the rest just don't say anything. now people have doubts about this company because of his updates.
I think he has learned now not to put out something to put something out to satisfy the crowd. this update is "fluff" because there is no guarantee it will be a done deal. Just release FACTS that are done and no speculation. if the 8K is not out before monday i think many investors will have the feeling they are ripped off. And could you blame them? No, Tom has the full responsability for the losses of these people because he would have put out a "misleading" update.
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