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Looking very much like what they did with VBHI in March.
No foresight lol..try harder
They are likely selling some of those new shares into every rally. I've seen companies typically put out PR to help absorb some of the distribution of shares when they are diluting to help try and preserve the price. But that's the most likely reason these moves higher haven't been sustainable. Keep in mind 375 million shares is a lot. They won't do that all at once (or even be able too). This is just my opinion from what I've observed over many years of trading. My best guess is that this will have at least a bit of a short term ceiling on any moves upwards.
Watching for a reversal
Wouldn't be surprised to see a red to green move a little later.
Yeah probably scared about the 8k out lol. Thinking way too short term if so and not recognizing the potential bigger picture. MM's take advantage of that all the time.
Lot of volume this morning
Yesterday looking like yet another false start apparently.
Still only slightly over a $4 million market cap. Seems pretty damn cheap for a growing green company in my opinion.
Some nice potential here
Looking interesting again here
$DGWR - Deep Green Waste & Recycling on radar. OTCQB currently @ .022 187M OS
$DGWR - Deep Green Waste & Recycling starting to move. Currently at .022 with 187M OS
INTL on the high bid now. Haven't seen that at all in the last month.
CFGN now on the high BID lol!
Some large buys going through
$DGWR on the move @ .0234 +15%
$DGWR moving.. currently @ .0234
2 million share bid @ .0204 currently showing
Good morning..I like seeing that green!
Here we go..
1.905 mil now. I'd say yes lol
Trust me I see it. It's one of those you just can't believe you recognize when it's at this point. I don't just throw 40 grand into a random penny stock lol. Was very lucky to find this one in my travels.
Meh..good start. But to each their own. I wouldn't touch anything that's not already pink current. OTC is changing big time soon. Anyway back to the main attraction DGWR. Let's close over .02
That's the first hurdle. Usually it'll get a small bump from that but will likely retrace after. Plus the shares outstanding are tough. I know it's the same CEO but choosing between the two DGWR is setting up much better for multiple reasons. At least right now. Best of luck regardless.
Coro isn't bad but it has hurdles that this one doesn't.
Looks like CFGN is reaching. Beer money? lol
Something to note is that they didn't absorb this offering with any fluff news at all. It's been bought up and the stock has moved higher in the process. That is a rarity. I have some guesses as to what happens next but won't speculate anymore here.
Volume tells me these fools are just about done. Wouldn't doubt if GPL wanted to hold at least a little something for a potential move higher anyway. We'll see.
Nice work..cheers!
I'm up to 1.9 mil at the moment.
I was estimating them to be at less than 2 million also before today. Almost done. Question is who has been buying this entire offering? I think the biggest sign of strength has been the fact this stock has gone up while 40 million shares have been distributed and without news.
Well that didn't last long lol
CFGN just disappeared
Good morning..let's go!
Not sure where the short theory came from. When the company announced a 375 million share offering on 6/25, that means there's plenty of shares to go around. This isn't the same play it was before. I think it still possibly has potential for a run longer term but they need to get through that dilution first. Not hating or rooting against this stock. I'm still following it.
And there's the 1.5 million share block after market close. Setting up nicely.
They still have a lot of dilution to get through. Will likely take a little time before this goes anywhere.