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WOOHOO !! BACK AT 1
We are down in that one...but up in others. We just bought into Monarch today and I was getting a bit worried after I read that NITE who is allways the seller has so much stock..have you read the SEC Filings ?
I hope DCNM and MSTF shoot the moon !
Pietro if we had real buyers here the stock would not go down an inch
GOLDEN RULE
MORE SELLERS THAN BUYER = stock goes down
MORE BUYERS THAN SELLERS = stock goes up
P.S. buyers or sellers can be mms
I was right same deal here as DCNM
Damn, see how fast that came down @ WHY ? you tell me big shot
Work out im in at .01 but it looks weak the bid just dropped 1 and I am comparing to DCNM cause im in that too..
I read the filings on sec.gov for MSTF and it looks scary. WE are trading 17 million a day and only 30 million out tells me one of two things either much more coming from debt or that there is major naked shorting.
I hope it goes higher I have 1 mm at .01
Pietro first of all the market cap is 300K. but the company has alot of debt and if you read the balance sheet carefully the cost of doing business is always nearly 95% of the revenues so even if they did 100 million in revenues which is beyond unlikely they would ony make 5 million. Realistically the company also has alot of debt and knight (the mm) owns 12% of the company. Who do you think is selling ??
DCNM is technlogy they do 100 million they will make 80 million now that is profit !
You have to look at facts not just market cap and share price. If we owe tons of money we will have to pay it back or they dilute the stock like crazy and we get a drop in price.
DCNM was a reverse merger...it was a crap company with alot of shares out that had a decent market cap...market cap is all that really matters. see if a company is at .005 but have 1 billion outstanding they better be worth 5 million bucks or else the stock isnt worth it. After the reverse merger it has been quiet but the new company makes MP3 players for best buy samsung etc.. and they are worth 94 cents but not much trading so its a buy and a hold until the news comes out next month
Check it out dcnm
I am concerned it can go back down...but then it can also go back up....anyone else here have DCNM ? I watched that go up and now its at 10 cents. The company does over 7 Million in revenue but their whole market cap is less than 2 million does that make sense? Stock will go back to 90 cents when they put news out...its all about news so people know whats happening. The patient and smart ones buy low here and then BAM.
Can we do this ? How many here can put in a trade to buy some right now ?
We also need the company and LOTT to put out some news and ROINY to do some REAL IR since no one is buying into it from the outside world.
Lets kick it in the butt...the only way to do that is get together and keep supporting bids (at least three) while we are buying. A little bit of buying will have this stock at 50 cents. look how thin the ask is.
I agree, VFIN is gone, I guess they are content with what they shorted.
SBSH is gone and now DOMS gone too back to 75/85 but only one ask....this is getting boring ..back to my portfolio.
WTF sbsh dissapeared and now DOMS on bidding eating it up...some kind of weird game between the mms is going on here. i think they are short and are squeezing out sellers.
sleeping and getting paid to sleep..spoke to a real dumb %&$ there the other day and he sounded like an idiot.
well stocks are about educated guesses and a stock that has no pr and has no volume or buyers is a target for mm's.
SALI was just shorting it because it went down so 11k was more than enough for them. makes sense ?
SBSH worries me because they are big and keep walking down everytime some other mm lowers their offer.
Bet 20k each takes them out.
now you understand why boss made us lose some up at .15 because the market makers are slowly killing this while nobody buys and no news come out...with losing some we can support twice as much in buying down here. SMART EH ??
what are you so randy bout texas ? fell off your horse and now you are broke ?
It does not matter who is selling...what matters is buying...without buying this thing will not go anywhere..
we have barely seen any selling even though VFIN does look like the seller here.
no luck eh.... we need the europeans with their strong euro to get their people in this baby...
matoutus that is right every stock needs buyers and sellers to trade no one wants to sell this stock and no one is buying at the offered price...this is like the housing market..ouch..
lets tell our friends and family about the stock maybe we will do better than the paid IR firm..
Why are we at .11 why not call the IR firm ROINY and ask them if they are sitting around all day doing nothing. We have not seen one pr since the conference call over a week ago, can't these guys at least write a pr ?
No one is buying and obviously someone is selling or market makers are doing what they are supposed to and making a market since no shares seem to trade without them.
If we had people buying this stock we would be going up not down. There certainly dont seem to be alot of sellers anymore.
I saw the numbers someone posted from Nov Dec and Jan and we used to trade about 4 million shares a month in rs adjusted shares before...now we are barely trading a few shares a day unless someone sells.
Its the same...see we are supporting it still at 11 thats us but boss said to shed at least 10% of our holdings in it. and bammm see someone hit us with 10K at 11.
We are done feeding....the lucky ones are now full..i hated having to do that but boss man says lose some we have to listen.
Now we are done feeding the sharks lets see if they help us swim....
Boss said we needed to lose some today...good buy for those who are smart enough to get it...wish we didnt have to but boss said lose
I believe if the reverse had not been done...we would see alot of trading like we used to and the stock price would have gone up after the cc like matous said
thanks harr you got my back huh ?
yes we went through vfin this stock is at a stalemate. No buyers and no sellers
the no sellers is good not great because we need sellers to make liquidity but the no buyers is bad news. we need this stock to be seen by people
Sorry, we had to let some go at 15 cents we were holding nearly 1.8 million shares after reverse boss said too much and no news so we let some go. But I think market makers now trying to push this lower.
Just got hit for 6K that was my whole bid. Harr, if you are on bid with sbsh how come it dissapeared as soon as i got hit ?
Who has etrade? post a bid with me
Yes, harr that is us at 16 now sbsh is us holding bids...float is too small...but it gives us an opportunity to buy and make this thing fly...when we see new buyers coming in we will assist until then we will accumulate down here.
that was me in sbsh
was expecting more volume, but this is ok, we are mainly getting buys at offer....imho i think we have to wait until this gains traction and brings in bigger buyers or we have to talk to our friends and colleagues and get them in this with us and then when it starts moving it will attract much more attention....
...meanwhile i am holding, even though the value has dropped overall in the market price...the company has gained in value...we should see the news coming soon and then we will see a big increase in value if more buyers start coming in.
dcnm.f DNC ON The FRANKURT last TRADE euro.16 or 22 cents. If the market makers there are trading at 22 cents, they will have to buy here on the us otc exchange for that 22 cents. 1 dollar per share here we come.
I think the call was phenomenal...Lott addressed us like a pro...he clearly has the background in this industry and with names like nvidia, bestbuy and microsoft...i think we will be flying before you know it....think about it we have a 3 million dollar market cap at current price...we should have at least a 15 million market cap that is 5 times current price or 75 cents a share with just their current sales.
I am glad I am still holding a truckload even after the reverse.
LETS GO MONDAY !!!!! $.75 - $1.00 target
Shed a bit at the 0025 range when it started coming down...picking up 2 million more here at 002 for support
Mariano,
Your post makes no sense. Why would I be working with Snake. The fact that I am buying helps not hurts. I don't want 360mm because now I have accumulated plenty and if I own more I will be a 10% owner and not be allowed to sell freely when the time comes.
Difference between a Pro and a Rookie = Knowledge
Lots of bids joined at 0022 but no trading even though one ask fell away. dunno why there is no trading ! ive got enough for now not interested in more. over 120 Million now