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.
In my interpretation, the chart is supporting an easy double from these levels conservatively speaking. As some have pointed out, these types of plays can turn into 10 baggers or more, which would obviously be much higher. My interpretation is just based on chart resistances, not MOMO, and as we know, MOMO is king when it comes. GLTY.
Man, I really feel for you with everything that went on. I've lost quite a bit of money on this, but not nearly what some here have, and all that after being waaay in the green. I'm surprised by many posters of the tolerance for what has been going on with the lack of transparency here. What was and what really is. I've heard all the same stories before with other pinks. Our CEO is great....to the moon...don't miss the bus....but what does reality say? It says this is a pink sheet stock.
Yep, HDSN alone could push this under .01, we all know what they're capable of. If KATX decides to start selling on top of that there's going to be tremendous downward pressure. It's getting to the point where I'm getting uncomfortable with the fundamentals, which is what attracted me here in the first place. Throwing any more money at this right now will kill me, even if .01 looks "cheap", because I can remember when anything under .15 was considered cheap.
Please enlighten us, because I'm not totally convinced that three legs wouldn't be an inconvenience.
This is also a concern of mine, that we increased A/S to almost 1 billion, and it appears shares are being sold from our last financier. If KATX is selling shares and HDSN is selling it is going to absolutely plow the PPS well into the .00's.
I can't make heads or tails of it, I'm going to say that if two legs are good, three legs are better.....
I agree with the way this is churning upward, we haven't seen "the run" yet. People still obviously accumulating for it.
All I know is Lowtrade called this a potential 3 legged play. Is that a good thing? It seems three legs would be an inconvenience. Thanks for any clarification. LOL.
MM's didn't want to give us that .0011 close for whatever reason, but the accumulation continues at these levels in this uptrend.
Yep, if it was a JV Ken could PR that they are negotiating terms with X Company for a potential JV. There is NOTHING against that. The only thing that makes sense is that there is nothing to say. Hell, one of our own board members found out that they increased the A/S to almost 1B under our nose, so much for transparency.
KATX at $15? Laughable at this point, even harder to do when the O/S keeps going up. Too many questions, not enough answers. What was once a solid fundamental play has become a chart play flip.
I like restricted shares because it gives the company breathing room to try to get the price up. Plus I know which way the wind is blowing in knowing the restriction period. I see what your point is though.
Personally I'd rather see a financing agreement involving restricted shares than an increase in the A/S. Financing deals allow a company breathing room, dilution just further erodes and already eroding PPS.
I'm betting he made that statement when he didn't think financing would be an issue. Clearly that financing ran out, now we've resorted to the pinky game of selling more stock. I don't have a huge problem with equity financing, but it concerns me because it means that it's likely that our previous financing was cut off. All the Olympic Dam deposits in the world don't mean anything if you don't have the money to find it.
I believe so, it seems that Cache is just recycling our PR's in order to pump their own stock.
The big question is what will the share structure look like when and if the merger happens. My opinion is that the structure was too big with the O/S at 641M and was hoping they'd retire KATX shares before a merger. Now, if we're going to run up the O/S to close to 1B then merge with BVIG's existent structure ALONG with the distribution shares, you're talking about an O/S that's probably going to exceed 1.5B. That's not good.
I think that would be a fair assumption to make. Obviously the details were never made known to us meager shareholders, so assumptions is all we can make.
The fact that they need to dilute for more financing honestly doesn't bother you? Are you aware of what this probably implies in regards to our previous financing?
Accumulation still going on. Churning higher and higher, gotta love it.
If the company is going to drop shares on our heads I wouldn't expect .01 to hold, next leg down would put support around .006 give or take.
Otherwise known as dilution. I figured at some point this would have to be done but was hoping it would come with a JV. It does not appear that is the case here. I think some of our questions have been answered in terms of financing, no wonder Ken never wanted to talk about it.
For those that follow Lowtrade, he also recognized the loading that's been going on. Just waiting for this thing to really go. I recommend visiting his board for those interested in the T/A.
It has quite a bit room to go before we start hitting some resistances. I personally think we'll plow through the lower resistances and test .0022 in the next couple weeks by the way the chart is setting up. Plus O/S is maxed out so you won't have shares getting dropped on your head during the run. The setup doesn't get too much better than this.
That would be assuming Vale would start mining at the Lucky sites first instead of their own exclusive claims.
The potential is there, but at this point I think most here are hungry for something a little more. Lucky could possibly take years to develop into something. Right now I (and most here) just want to know what's going on with RR as well as our BVIG shares, which are basically a consolation prize at this point.
It appears that HDSN is still selling, how they have the shares to continue to sell is unbelievable.
Thanks for your analysis.
I like the fact we already have an 8K in our hands to see how this all is going to happen. For me being new to AWYI, it's great to see share structure integrity being preserved and immediate transparency about the aquisition. I honestly don't know much about the CEO, but I can see he knows how to negotiate a deal. The I's are dotted and the T's are crossed in this filing to say the least.
If you have a chart that looks like AWYI it's not if it goes, it's just when it goes. Obviously many see this and are trying to accumulate as cheaply as possible. This morning was just a flash in the pan, and wasn't what I'm here for.
I believe word is slowly getting out. I was led to AWYI from a very knowledgable source. Once the filings start getting rolled out it's going to be a free for all in here.
Most have the "stinky pinky" mentality. It's unusual for a pinky company to actually have things called "contracts" for something called "revenue". Today's news is just the first in what is probably a series of information.
Nice opportunity to soak up a few more .0008's if we can get them. This morning's action was just a taste of what is to come IMO.
People just in and out for a quick flip. Chart is supporting a much bigger move, it's just going to take longer than 2 hours for it to happen.
That's unfortunate, because if you're paying attention you'd see MM's lined up at .0009 to soak up shares from those who were in for a quick flip, and than see them lined up at .0014, which is where they're going to run this too in the very short term.
Without a doubt, dropped it on a small sell, up from here.
Wow, I stepped away for 5 minutes and they're gone. Makes you wonder if we're going to test some higher resistances today.
Dunno bout that, ask already at .001. Get 'em while you can, chart is supporting a big move up.
There's some big numbers in the PR, I'm looking forward to seeing some filings for the bottom line. We might have a tiger by the tail over here buddy.
Yes indeed, a little buying pressure never hurt anyone. I hope everyone here was able to get some .0007s and .0008s yesterday.
I haven't looked at the latest financials but it looks like AWYI is well on its way to profitability, if it already isn't.