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Yeah, it's been brutal. I see Alpine has recently shown up as a big seller. I know they are a big 144 stock player so I bet there is a seller with cheap stock (fees for services, etc.) getting out at any price, it appears.
I really hope they are allowing the shorts a free ride through year end tax season. I wouldn't do any big PR until late December at the earliest, if I was them. It would be brutal to give "Tax loss" sellers the profit from a jump in SP after a release. Again, this is just pure speculation. I'm trying to find an entry point. This little company is building quite a brand over there.
M24 is a great source of information. He is so technically oriented. All his wisdom in so few words. Thanks
I'm sure that any new money waiting to be invested would want to see this license approved first. In addition, the approval process was a great testament to KPAY's validity. Granted money is a better testament but this is still very significant.
Wouldn't it be nice if these delays were being used to accumulate all these new shares so they aren't in the way when the funding happens? If I had confidence of the funding that is what I would do. I would then allow a Market Maker to sell nicely into the run or even buy it from them as part of the buy back. Just a thought.
https://www.prnewswire.com/il/news-releases/kinerjapay-corp-update-financing-process-almost-complete-300954831.html
I have been trying to ease everyone's concerns over this financing for months now. IT WILL HAPPEN. I know it's easy to be untruthful here but anyone who has followed me can see I'm not a pumper.
There is a financing floating around out there. I here it is a tough deal to get done without a Convertible component. This is where all the pressure is coming from. I'm very concerned that the devil is going to be in the details of the term sheets being passed around right now. I would be very happy to see the Chinese put up $ without a floorless feature. Time will tell.
If you would notice all the wacky amounts on the list of Pfd. investments, you'd see that it's not institutional. I say this because these types of investors are not churning money for 20-30% on small amounts. They are retail and will not always blow out asap. The other point is that there are only a few firms they will take this type of stock on deposit and they know when their clients are registering it and ;) get out in front of the sales. Most of this stock being reg. has already been sold. MKT MKR is now just leaning on the stock lightly so they can most probably take in their clients liquidation and cover their short at nice low price here. I bet if a strong buyer stayed high bid that a short squeeze would occur. Unfortunately the only strong players in this stock (until the $ comes in ) are the Mkt Mkrs representing the PFD. owners.
I never implied anything negative by my statement that this price is controlled. Actually, quite the contrary! I love to see it! Means there is a real interest in the stock and that isn't usually a year long event with a scam stock! Never, actually!
OHHHH how great this action is. So controlled. When there are huge price moves without any chance to trade them, on the OTCBB, you know there is chicanery afoot!
Just never know what CDEL is doing. They have two faces. That of the Mkt Mkr getting normal order flow and that of their own positions (short and long) I never take to much meaning from size bids or offers and just stay up at 50,000 feet and keep focused on the fundamentals and use these Mkt Mkr charades to buy at exaggerated lows or sell at exaggerated highs. That the way I've done well in the OTCBB.
Not sure this point has been made. Institutional Traders have a year end of 10/31. All profits and bonus' are calculated on positions marked to market as of Thursday's close. I'm sure there will be some additional pressure into November as the shorts will try to unwind their positions but this recent pressure has a lot to do with that. They stepped out of the way whenever a big buyer is around and then re-engage afterwards, Who would know best when a buy order is filled than the Market maker that got the order to begin with. The OTCBB is a tough place to make a living but quality Co.'s will always win out over time. JMHO.
Not sure this point has been made. Institutional Traders have a year end of 10/31. All profits and bonus' are calculated on positions marked to market as of Thursday close. I'm sure there will be some additional pressure into November as the shorts will try to unwind their positions but this recent pressure has a lot to do with that. The Company is getting their money so just let these traders do what they need to do for the next few weeks and don't give them your shares. Just my experience talking but I'm sure everyone is smarter and better than I.
LOL....ALPS is so busy over charging Clients they haven't noticed to get out of the way!!!!
I avoid all the drama with predictions but I must say this stock is really looking great. I am enjoying the display of trading going on by the Market makers. It's been a real clinic.Without the widespread awareness of this story< Mkt Mkrs have been able to really have their way with the action and influence. Anxious to observe the point at which they lose control and this rips. Looks like it may be soon but I've thought that twice before only to realize that it's only been a false start.. IMO.
If the money settles don't see why not.....
KPAY should do very well from here. Once the funding is announced $.60 will be a thing of the past.
I appreciate the daily play by play here but the reality is that this stock will bounce around on it's way to $2 over the next 2 mos.. Buying on pull backs is the only constant advice that works with stocks like this. Everyone have a great weekend. Remember tell your friends and family about this deal under $1.50!
I own stock at $.13 and I am still buying it! The short is going to turbo charge this when Funding is announced if the continue to sell short. This will catapult the stock to $1.50,. I may still be a buyer at $1.51 IMO
$2 by Summer !!! IMO
Very loyal to Indonesian ventures. @ 11hrs ahead of us.
https://en.tempo.co/read/857319/number-of-indonesias-retail-investors-rises
Retail hasn't caught on yet. Such light volume. Very dry and Institutional patience going on. Wait for the frenzy!!!
I am not allowed to buy this stock in 3/4 of the firms I have accounts with!!! There's the the lack of retail.They will find it soon enough. They always do.
After an affirmation of a $200m funding this stock has only traded 250k shares? Holy S%&t. Wheres the retail? The invitations for this party haven't even been printed yet!!! $4/shr !!!!
Either way...its a $4-6 a shr.
you need to account for dilution of $200m/$1.80 +30m (already out)= @ 141m Shares outstanding. Then there will be additional dilution for stock transactions, for planned acquisitions, when possible instead of cash. As I said, this company should have a $5-600m valuation in a year with an aggressive forecast of shares out of 200m that's still $2.50-3.00 Without any future E est. by then. I can see a path to your $6.67 but by different means. Cheers
I you are aware of this deal and aren't buying then you don't deserve to know about it.
$4-5 in a Year! As I said, mid-Feb to have funds available to KPAY, IMO.
A deal this big takes time. As I said yesterday, the deal couldn't possibly close in 10 days. The anti- laundering/terror banking laws just don't move that fast. This deal WILL close and the new "Partner will dive the KPAY valuation to $500,000 ($4-5 shr.) in a year!
https://finance.yahoo.com/news/further-notice-kinerjapay-corp-regarding-130000655.html
As soon as there's no volume to trade against CDEL (program trading) will start trading the long side. Until the deal is done this is going to be a game of shake and bake (hopefully staying above the 30 Day MA @ $.39).
The notion that a $200m deal would close in 10 days was quite strange to me. Way too fast and now we are seeing that it was overly optimistic. These big deals have lots of people involved and take 2-3 times longer than original "best guess" timelines. I suspect the deal will close by mid feb. latest.
Shorts are covered and the stock is ready to go. I've heard nothing that tells me that this financing won't close (I'm relatively close to the deal). I have seen the short position drop significantly from the highs of 900k+ to below 140k. If you know these OTCBB markets you can tell when the institutions are ready for a move. If the deal isn't closed this can drop to the 50 day with program trading out of CDEL.If that happens, I will sell my kids beds to buy more stock. IMO.
Well all this new stock is in the market by now. There's probably some sort of capitulation still to happen, that will signal the end of this downward move. I just hope I am not too busy traveling for the holidays to take advantage of any lower prices. Guess that what limits are for.Either way I'm good here at $1.10 over the long haul.
I can see that the market makers don't believe the plan for up listing. I love these deals. Every once in a blue moon a real company emerges from the Bullies and there is no retail support to fend off Market Maker abuses. This is one. I am a customer of the Corecyte and Amniocyte/Plus, Polycyte and products and PRED's product is HANDS DOWN the best product on the market. Now I see the success of the ENDO test growing faster than hoped already (only on the market 30 days)! I see $3-4 stock by spring. IMO. I expect monthly Revs at over $100m run rate by early Spring if not already. IMO.
Interesting to see a 3m share offer. I always fight with the potential conspiracy theory that someone is trying to shake some sellers out by showing a large sell or is it a dumb retail guy on his online account that knows just enough to use a limit order? I think if it were a stupid retail guy he'd have sold at least some here to avoid missing the .0026 bid. Any thoughts?
I am new to this board and was wondering if anyone knows the amount of debt outstanding this company currently has (debt/equity)?
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How can anybody come up with a valuation number when the Share count is a total UNKNOWN? If someone can tell me within 10% accuracy, how many shares are outstanding, I could value this death spiral loving Company!
Almost done.