Trade them and don't INVEST in penny stocks!!
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One thing to always keep in mind. NITE doesn't have to FILL any orders if he doesn't want. On OTC stocks MM's do what they want. They run the show. They MAKE the Market remember!! Believe me that NITE and Mr. Strickland know the direction they want to take. gltu. I won't sell anything for a while. Still haven't sold ONE of my 1.7 mil. I usually don't like to HOLD Pinky stocks because they are so risky but this one has promise so will continue holding for as long as it takes. gltu
That's because NITE will go AHEAD of your sell order every time. They are always one step ahead of us. Only when buying pressure is high will you get MM off their games. The spread will also shrink big time.
hardasset.....BINGO!!!!
NITE is always the AX in the MM world. He will sometimes drop the ASK or let some go between the bid and ask if he needs shares but very seldom!! Remember that MM's make their BANK on turning over all the shares they can. They DO NOT like to HOLD stocks period!!! Seems NITE is content to HOLD spzi so knows something is coming for sure.
Hey Mad the ASK has been the same for weeks now. .0165!! NITE will sell you at HIS price I promise.
JLT I have read a few of your posts saying you can't buy shares??? You said you couldn't even when OVER the ASK price?? Put in a BUY order at the ASK of .0165 in 100k amounts and you will get filled. NITE has a Large spread and will gladly sell you shares at the ASK. It has been the SAME ASK amount for a long time now. Good luck to you!!!
I agree in the next month there probably will be. I know it doesn't matter to me anymore because I sure am not selling for .013 which is NITE's bid. Won't sell for under a dime now that I have been holding for so long. Might only sell 500K and then keep the other 1.2 million for .50 to 1.00 boooyaahh!!!!
Paul said no PR right now. I don't think that means tomorrow or the next day. I take it to mean at least not in the next 8 trading days (what's left in June) WHY would he say he is going to take advantage of his non reporting PINK sheet status if he had a big PR coming out in the next 8 trading days??
Hey Thin flip some of your xkem shares and buy more spzi!! That one is UP over 200% in the last few weeks and ready to explode. Alot of Institutional Buying which is very rare for penny stocks!! I only HOLD 2 penny stocks now as I don't usually HOLD any pennys but both xkem and spzi seem to be winners.
ced70 there's not alot of June left and the CEO said he is not going to put out any news right now so sounds like it will be a while longer.
Sounds like no PR in June. I guess everyone is correct have patience!!!!
My guess for a June PR is my Birthday June 26th right before Market open!!!!
With a PR expected sometime in June difficult to understand why sells today at .013!!
Hey Jabber I live in Fairfield about 35 miles from Sac. I was with my MC (motorcycle club)with our doo rags soaked in ice water haha!!!
You keep em line Bro. I was in Sac. this Sunday and HOT as hell.
This already is an OTCBB stock..eom
Of course I do but wondered what the OTC(over the counter) had to do with FDA approval. OTC plus FDA??? Company is not a pinky!!
What doe's OTC plus FDA approval mean?? I know FDA approval would be nice though.
Hey JLT I am not selling for a loss. Spooz has shares to sell and alot of them. BUY at the ASK!!! You are convinced the pps is going way up and said you will hold for 2 years etc. then what's a couple tenths of a penny right??? I know the float is smaller for sure but there are millions of shares for you and anyone else. NITE just wants his premium for them is all. I am surprised you couldn't buy at .016 for sure. NITE is a greedy sob for sure.
allie you are correct. The spreads are completely ridiculous!!!
The purpose of MM's is to maintain and promote a smooth and orderly market. NITE has shut down all trading for a couple hours yesterday and ALL day so far. I am sure there are interested buyers so this makes no sense.
When can we say GOODNITE to NITE!! eom
Correct. I see NO reason that wouldn't happen unless someone was putting in 10 million share buys. Seems NITE has completely shut down trading this stock. For a couple hours until close yesterday and now again today O shares traded. I am sure there are buyers but NOT willing to be down 25% plus broker fees starting out.
I don't know about other brokerages but Scottrade doesn't charge extra fees for taking away the ALL on NONE buy instruction. If it takes 3 orders to fill a 100,000 buy request then they charge only 1/3 commision each time!!
Treatment approval will make me good BANK but CURE would make me very rich haha!!! gltu
XKEM has the only cure.???????????? You claim to only post the truth right??? Nicosan is NOT a cure BUT is an herbal drug treatment! Remember keep it real right???? IF XKEM had a CURE then we would all be MULTI millionares for sure!! The closest thing to a cure is a bone marrow transplant.
Unfortunately for us NITE is the AX (Top Dog MM)on most stocks. Part of the Low Volume in the last several weeks is lack of meaningful NEWS but with that being said, NITE is the SOB that's keeping new money away. When PR's do start hitting the streets then buying pressure will back him off his game. Just a matter of time. Gltu
NITE has virtually shut down trading this stock. No one is going to pay 20 to 30% OVER the current PPS for a stock. That puts them DOWN that much from the get go. Add in Broker fees and that's the answer to very low volume!! Has nothing to do with the company being successful with a great product.
Depending on what you were asking then difficult to figure out his response. I do know that the company doe's owe their shareholders info. but this company is different then many. If no news in June I will become very suspiscious to say the least.
wolfandbear Nicosan is awaiting NAFDAC approval. Hemoxin (American name)was granted Orphan Drug Status in 2003!!!
NITE closed up the BUY spread so maybe get some buying volume now!!
Problem is NITE and his premium of 15 to 25%!! Many do not want to buy into a stock and instantly be down that much PLUS broker fees!! Can't blame them. NITE is a pain for sure.
Volume had been going up in the last few trading days. Today only 3 trades?? NITE has now shut down trading on this one with the BIG spread. There should be a law!!!
Right now the volume is extremely LOW so MM's (NITE) can play the game their way!! With buying pressure then that bid moves up fast. Since they do NOT need shares now then the bid is low. Of course I knew you wouldn't sell at Nite's bid. gltu
I can understand your frustration for sure. I have expressed the same concerns. PPS and ASK are the same so no premium for the MM's which is nice BUT the spread is huge. I can't see anyone selling for so far BELOW the PPS.
BigD claims to own 19 million shares. Who am I to say if he doe's or doesn't? He posted on the RB board that there is a private board but only communicates with a couple investors and also stated he didn't know what was going to happen with it in the future. Many have given them their email address's but I am sure it would take him quite a while to add them all to his email roster. Also only the LONGS he knows about. He doesn't want to share info. with bashers, flippers, day traders just to help them or give them Ammo etc. Remember the LONGS are who can counter the MM's buy holding!! glta
NITE shut down trading as NO trades in the last hour!! The spread is huge!! Buyers do not want to line his pocket with the premium above the pps!! Still the increasing Volume is a positive sign! Once there is buying pressure we are off to the races.
The volume increase is a good sign. Wished NITE would quit playing though. Look at the HUGE spread now....Bid .013 and ask .0165!! Easy to manipulate a stock with low volume but when buying pressure comes with news watch the spread close haha!!!!
Matvfreelife I am a LONG in this stock and hold 1.7 million shares. These up and down swings mean nothing as it's only good for flippers to make a few bucks. Barron's is good for some exposure BUT almost ALL readers/investors that subscribe do NOT trade or invest in Penny Stocks. Most all have brokers and I promise you, they wouldn't put their clients in a penny stock. Their mistake because this is the real deal and we all will make big BANK when PR's start hitting the streets. glta
Still very low volume but has been increasing at least. Main positive point is that NITE has upped his BID the last few trading sessions!!