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.
I can't agree with you right now, but if the merger doesn't happen by 1st week of July, then I couldn't agree with you more.
I am still in the money, if it drops below 40's that's when I am going to sell in increments.
You'll know who they are once this drops to single digits. When you won't see their posts here anymore, hyping this, those are the ones.
I know it's definitely not you. One you already know about, which I posted more than 2 weeks ago, he most definitely dumped his free shares and handed over someone else to take over, which I won't name who they are, but they are here. Once this goes to single digits they will be gone too, believe me.
What you and I read previously, was probably their vacation home in Florida. But now, I think that was a pump. Every day, these pumpers bring up something in an attempt to save the ticker so that they can dump it.
You are not an amateur, typically most stocks after a reverse split fall. That's what the pumper have said too, in-fact that was the primary reason, why I bought the stock. Good luck
That is a possibility. The other possibility is that maybe Mann started this whole thing, gave free shares to pumpers. I don't know what's going on, want thing I know for sure, Mann's lack of communication with shareholders is not a good thing. Everything leads to a merger, it could be coincidence, it could be the real thing, or, it could be that they saw an opportunity to take advantage of it. The DD"s suggests that they are good friends, heck they even own houses on the same block, their share count "was" the same, no longer the same, Mann is the secretary and director of Klean Industries, Jesse is director of Harmonic Energy, Legal council represents both companies, Adrian is a director at Harmonic and has ties with Klean Industries, and many, many more that I forgot and this is not even including my own research. This is almost like the movie "The Usual Suspect" It has become very confusing because if Mann and Klean wanted to take this Nasdaq, there was no way, they would have let this slide the way it did. Some on this board claim the $1.03 SP was a sign that this is Nasdaq bound, I gave it benefit of doubt and still am, but if it drops further, I don't think that theory will ever happen. I tend to think they probably set the stage up for this to be a pump and dump, that's my theory. At the end of the day, Mann's lack of communication is too bizarre for me and that is the exact reason why I think something is not right. He has it so carefully planned so that he doesn't get his hands dirty, he just gave away free shares in exchange to get some life on the ticker, this ticker was dead before 4 months ago. Also, some say, it's not a shell, it's in a development stage, to me it's nothing but a shell, it has nothing to offer, other than a technology, which we don't know if it's viable. Haven't you noticed all the pumpers that were here before are gone now, churning, churning. Churning is right, they are churning the pumper, this has through cycles of pumper, now there is different arm chair quarter back, which most likely got free shares and will dump until this reaches single digits, heck possibly even back to the trips again. It keeps going down, maybe we will be up tomorrow and the next day, but the inevitable single digits are coming soon.
Depending on where you bought it, dumping at the bid at that time, will be too late, yeah maybe at 50-70% haircut.
I only watched it early in the AM, hoping for some news and after hours. Until the 1st week of July is enough time to figure if anything will materialize, if nothing happens by then I will certainly bail, meanwhile if price keeps dropping like it is, then have no choice but to sell my position, don't trust anyone anymore, everyone is looking out for their own interest, I need to look out for my own interest. 50% drop from post split, this is not Nasdaq bound like some peeps think, if this was Nasdaq bound, Mann would have sent out an 8K and his intentions, he is an idiot, one of the worse CEO'S I've come across with on the OTC. I appreciate your concern over my health, but I am doing just great, came home from a great workout and notice your post and couldn't help but respond. We will talk again, if and when the merger happens, we will also talk again when the merger doesn't happen, there is a big difference between the two. Don't believe everything you read. Most here were and are paid pumpers, it's my intuition that tells me, not to hold the bag, that nothing is coming of this and I can't contemplate with my own intuition because my intuition is almost always right.
That other one you are referring to will probably end up like this if no news comes in by 1st week of July, which I won't be around till then. This ticker is the reason why I think the other one will probably end up like this. That's just me.
I know as most will buy between where we are now and the end of June. But the question is will you still buy after the 1st week of July? If you are, I suggest you don't, but that's just me. Everyone has different tolerance for losing.
If nothing comes about by 1st week of July, then this will be in the single digits. Hopefully we hear something by then from either Klean or Harmonic. I have 36,000 shares post split, if for some reason it falls below 40's, then I have no choice but to sell in small increments for at least a few days. Just thought I'll being candid about my intentions.
Wow!!! Impressive Roiresearch, I am beginning to like you a-lot. "What you know, is not as important as who you know."
Which make sense, I think when the merger happens and no dilution in progress and of-course provided that they reduce the AS to at least 100 million, I can easily assume this will most probably gain 5000%-8000% the 1st day, giver that the float is extremely low for an OTC ticker.
Fair enough. However, when the merger happens and the AS is reduced, one can reasonably say, this is not a in and out trade?
Thanks for the response. I realize news could hit the wires soon, but, just want to know could it take another 3 months. What is the most important thing do I need to look for here, going forward? don't get me wrong, I love the story and more importantly, I love your DD and analysis on this ticker. But, I want to know is before any PR comes out, one piece of puzzle would legitimize the merger. I know, Acaro's existence in itself is self explanatory, but the only thing I am concerned about is the authorized share count. How would you be able to find out, if they are going to be reduced. I am interested in investing 20,000-30,0000 shares at the moment, that could change, based on that missing puzzle I am looking for.
Also roiresearch, their website is still being updated, but still under Nanotech. Am I missing something or is, that I am on the wrong website?
roireaserach, since I've never been in a reverse merger before, what I am interested in knowing, not if according to you, but when it happens, in what form is the news released before this goes parabolic, is it an LOI, 8k, or a formal announcement? Thanks in advance.
I stand correct, this is not a shakeout, this is either some wanted out or dilution at its best. This high volume action and we have yet to see more selling pressure for the rest of they, it will probably end up in the 40's and 20's tomorrow, if no news. Someone else mentioned, at 10 cents is a gift, not even close, mind you I paid 0.07 30,000 shares pre-split and went against my discipline. Now I know, it was huge mistake, but again and again, will have learned my lesson. If a ticker drops that significantly it will be very hard to regain it's value, unless of-course a significant news backs it up. I would not even consider this at sub-pennies. It has nothing to offer other that a speculative play that is being pumped and a lack of communication from Mann.
Either shakeout time for upcoming news, or simply more selling pressure going into tomorrow and all through next week, if no news comes. We are below 0.04 pre-split levels. This is certainly alarming, I won't surprised to see this fall into 30's tomorrow, and into single digits would be not too far fetched within a week with the way its acting.
I am not selling, no way I am going to sell. I am here to lose it all or win it all and I am here for the end game. But, I certainly will feed off the pumpers for sure, we need to be realistic. Market cap is irrelevant at this juncture, the company doesn't have jack, it's purely a speculative play, nothing more and the fact that Mann hasn't communicated for many years with shareholders is mind boggling. No, I will not leave until the end result. But when someone bashes or pumps you have to understand the substance the reason behind it. All I know is that certain penny stock are run by paid pumpers and this could very well be one of them and many of us who might have bought into this pump, will probably will have to deal the slow bleeding if the company doesn't release any information about anything.
Yes, I am the one who bought at 7 for 30,000 shares, I just thought, I can save a trip to Vegas. I've lost way more than that in a casino.
I know Batman, soon we will find out if this was a pump or the real thing. I am starting to feel that it was just a pump and dump scheme by certain peeps on this board.
Over 40% drop and over 40,000 shares traded. Unbelievable, I wasn't expecting that much of big drop in one day alone, I expected slow bleed if no news within the next 2 weeks, but whopping 40% drop is beyond my expectations. I am truly disappointed.
Choi, market cap, is totally irrelevant right now because they don't have anything. Market cap will be justified when the reverse merger happens, at this very moment things don't look appealing and certainly the market cap doesn't either. lets stick to the facts and the facts are nothing but a speculative play, which either will or will not happen with the reverse merger. But, I can tell you something for sure, Mann is not the greatest CEO out there, keeping investors in the dark is not in the best interest of Harmonic, he should shed some light on the future prospects of the company, like a letter to shareholders, that's seems reasonable with OTC.
Dr. D, I truly didn't mean to offend you anyway, you are part of this board (like a family). I am a straight shooter, I'll say it like it is and all my friends know that. I don't hold anything back, I guess that's why I am voting for Trump. I just don't like it when someone who trades penny stocks to come and say, yeah, penny stock are better than the big boards. Look at our beloved ASUV, down 30% already in one day alone, who is to say it won't bleed into the single digits again, if no news comes in. But, I don't care because after all it's gambling money. I am not bashing you for playing penny stocks and if you are doing well with them, much credit to you, maybe you should only stick with them since you have doing well. Everyone has a secret sauce for their appetite.
Looks like that is the support for now, if now news from here on now going into next week, I believe this will drop to 0.035 pre-split levels again and if no news again, then followed by sub-pennies pre-split, then single digits post split.
If he is appointed, does that mean RM is great possibility?
I love George Carlin, but this isn't the "Big Club" Believe me, I've seen head fakes, misdirections on the big board, but over here at penny land specifically this ticker ASUV it's a little absurd to me. Why would they do that for 500 share at 0.58 and more importantly trades well above that 1.03 and 1.29 not registering on level 2, but doesn't go through.
This very well could be hint of either good things to come or bad things to come. I personally haven't experience such bizarre action on Friday. Realistically if this should have closed @1.30 or 1.29, or 1.03, then with today's buying and selling, we should be either flat or positive. We traded way more than Friday. Something is definitely not right. The trades weren't anything significant to justify market makers are doing someone a favor or themselves for that matter. If this was an after hour movement and If I saw this on the big board with huge volume way below the ask, then I would say, bad news is coming, but 500 minuscule shares is really nothing to duel about, unless it's scare tactics.
Someone else mentioned that they bought @1.30 on Friday, which also didn't register on level 2 and I tend to believe this other person, since it was the 1st time they posted on the board. I am inclined to believe there is some kind of a game going on, I really can't put my fingers on anything right now, but I believe that market makers are playing a game, I don't know what kind of a game it is, but it sure does't look appealing to me, maybe it will later.
My bad, sorry if I offended anyone, when I said some are simply lying. I know, I saw that 0.58 for 500 shares on level 2 and also saw 1.03 printed on level 2 but it failed to register those trades for some reason or another (glitch). So, how long would that take in order for it to be accounted for, plus, we should be trading at much higher now if that's the case, if we take that in consideration, or like Rick says, throw Friday's action in into the garbage, maybe that should considered or this is where we actually start seeing the real numbers.
What I don't understand is, according to board member we closed $1.03 on Friday, but level 2 showed 0.58, now that we are 0.90 we are still up 55%, which doesn't make sense to, if we closed $1.03, we should be down 10% for today if we closed $1.03, unless of-course there is something I am missing and those peeps that claim that they bought at $1.03 and didn't see the print are just lying.
Almost 500,000 shares exchanged hands pre-split, with the value of close to $35,000. Going forward, I don't think there will be any announcement either today or tomorrow, I think it's either going to be Thursday through Monday, in an attempt to wash out more penny pinchers along the way. The plan is working out really smoothly for them.
I think it's done for today, but still impressive. More wash out tomorrow, unless some announcement either after market closes or tomorrow morning. And if no news, look for selling pressure.
Rick, this is what I wanted to see, you know how much I hate peeps with short arms. I am so impressed, I think I found a new love, ASUV is different animal now, we definitely needed these short arms to get washed out, since this is out of their league.
Now, I am starting to love the price action and volume today, not a little anymore. Best I've ever seen, pre-split. Can you imagine, just one, just one little catalyst will do? We will go straight to $3.00, now if a major catalyst, like merger, we shoot pass $10.00, since it's so thin. I have to admit, I doubted any volume and price action, but I guess I was proven wrong.
The OTC world is so bizarre for me, I didn't think peeps could have that much of short arms. I believe you nailed it, these penny pinchers don't have more than probably 2000 shares post split if they are lucky. I believe some of them got washed out already and I think this will continue on without any catalyst for a while.
Bean again thanks for the feedback, there is no rational of selling in 1000 or 2000 blocks for 0.80 unless it's beer money. by the time you get your order executed, since it's illiquid and want to trade on another ticker, most will probably be out of luck, there is 20% gap between the ask and the bid. Unless if it was the big board and the ticker is liquid than I can understand, while I have done that many times on the big boards, but not pennies man.
Rick, I have bad news for you. You are going to have to deal these penny pinchers at least for the time being, until some major catalyst really moves this thing, since it's extremely thin. The good news is you are only accounted for 3300 shares, so the other trades are coming from somewhere, realistically more funds have gone into this from any day I have witnessed and it's only 8:15, lets see how this plays out the rest of today and this week. I am actually very impressed with it's pattern today.