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I was itching to take out the last of the 3's to see what CDEL had next, looks like one of the big blocks on 4's dumped into the 3's today? If so would be a nice chunk of 4's taken out of the ask. Will see tomorrow I guess, thought for sure those last bit of 3's would clear.
11 million sold so far...bet we get them soon, today or tomorrow. Load em up!
I don't know what to think of this trading today given the history we have seen. It's almost as if these bids are fake, and they are selling lots into them without causing too much damage? Doesn't seem to add up, something is definitely up though...hope it's good.
The ask is 55 milly on the 4's the 3's on the ask are a good buy when you can get them, doubt we see 2's on the ask but I'm watching and I'll be buying...along with the 140 milly others on the bid at 2 lol.
Some filings in the near future will get this going again, in the meantime load what you can on the 3's and 2's if your lucky! The pump will be on with filings...
RM news was 3 weeks ago, it said Pope was sticking around for 30 days, we should be hearing about a symbol change soon and a shareholder update letter along with it. Should start seeing some eyes and volume coming in as BD starts updating!
I like the way it's trading today, good bids, decent ask, bids creeping up. Should be getting exciting here soon!
The run here is going to catch many by surprise imo!
I bought your 3's to average down. This will be an easy 3-400% from these levels in the next couple weeks. If 2's show on the ask I'll buy those too.
Agreed, huge hype on MJ Rm potential caused the run up. 400 million shares plus traded above .001 in a single day trading day last week tells me this isn't over. Profit taking and those who bought higher and selling out of frustration for a loss are making it a great time to load up now while things are quiet.
There will be something coming down the pipe here soon, a reverse merger or partnering with an income producing company, that's the time to sell what should be loaded up now.
The posters will be back as volume kicks in and news is released, followed by the traders looking for a flip.
It's just getting started!
Ha! Even better!
In the next couple of weeks we can expect a letter to shareholders introducing our new CEO, our new ticker symbol, and a new Company, with Pope handing over the reigns and BD telling us his plans.
Until then...we wait as people try to load up below a penny. When BD makes public his sales outlook, order outlook for products, relationships with distributors and even contracts with other already established company's...we will rock.
Just a matter of time..in the meantime...
Who wants to play guess the new ticker??
STIC is already taken..
It's coming...BD has been in NY meeting with investors...and they aren't us penny flipper grubs on ihub lol!
The volume has been weak, imo some one is playing games to try and shake shares before updates. Seriously...a 911 trade right before close? That's funny.
Volume will come, buying pressure will increase, we need updates and outlooks and that will come soon! The RM just happened, we still haven't heard anything from our new company or new CEO, when we do in the next few weeks we will see the buying pressure. Anyone getting shares below .01 right now is lucky, imo. I feel lucky I was able to grab a significant amount at .0075 and that was averaging up for me!
It's only a matter of patience and time...
I grabbed all the 75's on the ask, it was a gift indeed! Got 460K of them.
Didn't plan on buying today but couldn't let those 7's just sit there! Thanks!
Take a look at the volume, you think they dumped twice the Dec OS numbers? The stock is up several hundred percent since then, that's buying not dumping. Anyone with a bit of experience can see that.
I bought several
100K more as they were trying to shake. A few times I would see a large block on the ask, when I put in a large bid...that ask disappeared...weird right? Lol
A good chunk of the float is locked up, some have been here since .002's and naturally taking some profit. I'm waiting, buying more at these levels as funds free up from other plays. I won't be selling anything until we see a new ticker symbol and after we get guidance from our new CEO...even then it will depend on what BD has in store for us.
This is one of the best RM merger plays I have seen in a while, based on the float and an actual revenue generating business. This IMO is not like other fly by night sexy beer goggled MJ merger plays that eventually crash after hype and volume (granted with plenty of profits to be made if traded).
I called Satic and spoke with BD when the "acquisition" was announced in October. He seemed surprised by Popes PR, he was vague, he didn't answer anything more than basically they have been talking with several vehicles and options in going public (made me think Pope jumped the gun with the PR). When I asked if I should be excited about the prospects, he laughed sited non-disclosure issues and said no comment.
I am very excited now!
Volume has been lacking, some bought during the run up to .023 in Dec based on hype and anticipation of a quick run up on news. Some may not feel the Satic news is sexy enough for another RM hype run, that's fine, some of those shares today went into my stronger hands...thank you.
This will be so much fun in the coming weeks imo!
Economou linked to buy number 10
Greek shipowner's busy week continues with reported purchase of aframax resale.
February 17th, 2017 14:03 GMT by Andy Pierce and Harry Papachristou
Published in TANKERS
George Economou is rumoured to have continued a productive week with the addition of a 10th vessel in quick succession.
As TradeWinds reported in this week’s print edition, Economou companies are being tied to the acquisition of fleets of newcastlemax bulkers and LR tankers at the same time as adding a modern VLCC.
Now, the Greek tycoon is also being touted at the buyer of an aframax resale, which if confirmed would take his reported transactions this week to almost $310m.
Brokers point to the Dong-A controlled aframax hull 812 at Hyundai Samho Heavy Industries as the latest vessel on Economou’s shopping list at $41.73m.
As TradeWinds has reported, Economou’s DryShips is believed to be taking four Newcastlemaxes, previously set for Hunter Maritime Acquisition, in a deal worth around $120m.
At the same time, his TMS Tankers is in line to buy four LR2s from India Steamship in a potential transaction priced at around $90m.
Economou has only a couple of products tankers in his vast fleet and brokers note the LR2 investment could be purely value driven.
A further $57m is reported to have been spent on the 319,000-dwt Orthis (built 2011) in a deal brokers say marks a strong data-point for VLCC values at a time few modern vessels are available in the market.
Repeated attempts to reach Economou this week for comment on the various activities have been unsuccessful and calls to his office today were unanswered.
While both public and private companies within the Economou empire have been involved in the various deals, it is no surprise to see the owner increasing his activity.
His pubic company DryShips is flush with over $300m in ammunition after completing a restructuring effort and has voiced a desire for aggressive expansion.
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Tradewinds shipping news is reporting George is in a deal to buy 8 more ships, $210 million.
That's a lie. Contact info is on the website rights here...
http://www.saticusa.com/wordpress/contact-satic-hq/
I've called them myself, that post is BS.
You are obviously looking up Saitec and not Satic....again! Great job with your DD dude! lol.
Satic and BD Erickson is up on CEOLIVE Tv.
What were you saying here? Wrong again.
Heavy dilution? Have you looked at the volume on this? Pretty pathetic attempt at nonsense.
I bought into this early last year based on hype of a potential merger that would have quickly popped and failed, but would have seen the potential for some quick profits. That fell through and I was pissed, but still held my shares.
Couldn't be happier about it now!
I'll give Pope credit for cleaning up this shell and making it attractive to a company like Satic, he is good at that aspect but sucks at being a CEO!
Man I've traded so many tickers not even caring what they did! That video is great, real products, real people, a real damn business for once lol!
Good things to come...this is going to be fun!
what "I" really like about "it " is this .......
What i really like about this is that it's a real company, real products, and interesting solar tech. I know RM announcement into a MJ company as the trend goes, we would have seen a much bigger pop, then a sell off back to trips.
This to me has much more potential to a stronger rise in PPs down the line as things become clear. This SS is tight, the ticker shell is in good shape. I'm expecting good things down the road!
Things will get interesting here real quick imo!
Ha! Looks like something was up after all! Great news...this moves on little volume, all those following this the last 12 months should be happy! I know I am!
When we saw volume like this back in early Dec after endless no and low volume days I posted:
7 million shares were dumped recently and much much lower PPS. A very odd thing but maybe it was to provide MM liquidity? Clean up some things before announcing the completion of the merger? Who knows with the gears behind this ticker.
News is close I bet, we can all sense it coming and the rise in PPs is the compass showing the way!
And that's why people should be loading BEFORE news, after that, loading turns to chasing!
This isn't a revenue producing company, this is a clean shell that is for sale to a revenue producing company, hopefully one that is already profitable. This is what people are buying and loading at the moment. Once the details emerge in sure we will be at a much much higher PPs.
I think that was just an out of sequence trade from earlier, maybe an all or none that was filled.
It has held up nicely as it began generating interest with the previous filings. The volume has been relatively weak to no one really selling and buyers hoping for a bargain before any material news and updates. Once those hit, i believe it moves quickly, trying to accumulate significant shares at this point is going to be tough without running the PPs up....that's a great thing!
Don't beg me, beg Pope....he is the one that dumped on you and killed the stock.
Do you know the difference between the float and outstanding shares?
Do you know what a company has to do when the outstanding share count reaches the AS count and they need cash, more cash for example than the cash IJJP makes from renting a bedroom office from Pope?
No really cares about Popes garbage ticker here, might as well take the conversation to the frustrated wake on that board.
What are you talking about??
Your BS in regards to IJJP isn't even as good as Popes lol!
Third quarter report says 1.5 billion outstanding shares, 300 million restricted, total of 1.8 billion shares issued. 2.3 billion authorized, share structure is almost maxed out!
GARBAGE...FACT!
What was the outstanding share count before that Goulding pot farms scam? There was your dumping dilution my friend....
Claiming he has retired "billions of shares" shows what little you know...fact.
Pope is a failed CEO over there.
He "retired billions of shares" how many billions were out there and how did he "retire" them lol, that's hilarious.
No DG, they dumped hundreds of millions of shares on the fake pot farms and "Canabis Headliners". They ran that for all they could and cashed out on shareholders.....but I digress, we are here for PMPG, a whole new ballgame.
Soon it will belong to a different management team running their newly publicly traded company, that's why many new faces are showing up with the hint of filings. That other ticker is done until he either gets control of the share structure or attempts to pump it with something more than a crappy website, no point in pumping it here though, we know better.