Doing my thing!
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That said, R/S aren't always scary or the worst thing in the world... Depending on what surrounds them and what happens next...
In some respect, if a stock is diluting, after a R/S, they don't have to dilute as much do to the higher price per share they'll aquire afterwards... Though every share diluted will hurt those of us in here before any R/S more than it would before a R/S... So it does need to be calculated and controlled... But not the end of the world...
It's also not uncommon for R/S to occur during the closing of mergers...
Something like that has ran through my mind as well... I don't know, I don't want to open discussions about any R/S yet... It's not necessary, all speculation, never discussed once yet by those running this company... But there on some level is a case where it makes sense... There is also a universe that exist where it doesn't as well... So I wasn't going there for just the sake of conversation and further perpetuating an unfounded thought or possibly starting a baseless rumor accidentally...
But noteworthy point, it only says PREFERRED STOCK SHARES will be bought at $0.10... As far as I can read...
We're common stock share holders, not preferred stock share holders... The preferred stock shareholders are generally the insiders...
Nevertheless, money is obtainable here still even for us common folk...
Hell, if we get even a fraction of a fraction of that, we're still good...
Though to be fair, you can find complaints and lawsuits against just about every MM Including general retail ones...
I wouldn't read too far into it...
So interesting to me that the RSI is climbing here despite all the red action...
I didn't say anything like that at all...
I'm not really seeing any panic selling amongst retail...
Who's selling? BID is building even....
There was the every day dump and then a little equalization, now it's business as usual, and I'm fairly certain a good ASK wack will bring down that ASK many more times then the size of the actual ASK wack itself....
It seems to be all be pretty calculated at this point...
I wonder how many more times I have to hear this statement before the boom...
Ah, well... Keep it coming... No sweat here...
And like in always say, nothing said on iHub really matters...
Someone earlier mentioned buying a number of shares close to that number soon....
I'd also be willing to bet 1 good ASK wack will chop that ASK down many more times the the size of the wack itself...
BID support is building back nicely, that ASK needs to come down...
But all in good time... No sweat... The dump for the day is done... We get 1 a day it seems, and we had it already...
Hmmm... Researching LSCI IE Lek Securities Corporation and even their own website is pretty telling...
Never seen the before on the OTC... I think I've heard of them before, but never in a way that meant anything to me until now...
But their own website LekSucurities.com describes a mission statement of some secret squirrel kind of stuff...
Interesting...
Understood, we'll thanks for the heads up anycase...
The dump happened around then too, so... Interesting... Nice to know... I wish I had that level 2... Who do you use or I'll just research it if need be...
Yet take note, I'm not sweating a bit... hmm....
Market requires patience...
I'm also averaging down here and there...
Why are you so interested in what I do? Or what GXXM does? Hmmm?
Simple minds care about simple things I guess...
There, once the wheel is dine spinning and you don't win, YOU LOSE too...
Here, I can still take back a percentage of my risk, AND I don't lose until I decide I lost...
IE, this can go to $0.0001, then run to $0.005, and as long as I'm patient, I can still make money...
The wheel never stops until I jump off...
Whatever you say....
We'll see about that. Still lingering in the same spot as yesterday...
Haven't lost until you sell.... Patience...
We hit 5 yesterday, 4s haven't hit yet at least, same 52 week low as yesterday...
Not really....
Unless.... There is a reason for it... Silent period, or some other reason..
I'm not claiming those to be the actual reasons, but possibilities....
Why does anyone play in the OTC at all...
Because, money even surrounding junk, can be made...
Why do you feel the need care about what I do?
Don't like junk, go play the big board stocks... Which, I mean.... Ouch, even that market looks ugly right now too...
Junk? In the OTC? Tell me more captain obvious....
He's trying to get under my skin... Bitter old far because I predicted his TTCM stock would collapse and it did...
Not going to work, I muted him, don't really care what he thinks...
I wouldn't have even seen his comment if you didn't post yours...
What I don't get is everyone's claim that they have high operations expenses as reason for their convertible notes and low profit margin despite their high revenue...
What possible operation expenses could a company like GXXM have exactly??? It's not like they manufacturer or stock shelves of anything... Am I wrong???
So aside from maybe a building they lease, debts, and salaries... Where is all their money going??? UNLESS they bought some real estate which I believe their filing showed they did, and anything connected with this MMMM deal....
Which would explain the fact this year's operating expenses also jumped since last years... IE a 1 time occurrence and not a repeat expense aside from the debt they have to pay off...
What am I missing or am I reading that wrong???
I have wondered what's up with OTCX on the BID at $0.0005 for 1,000,000....
Is that going to be 1,000,000×______, or just 1,000,000???
That's the mystery I don't want to solve imo...
What broker or level 2 source are you using?
Interesting, I don't show that MM at all...
I use to think it was MAXM when you said that, and that your broker coded it b6 a different name, but as of now I still show MAXM at $8 for 100 shares...
I don't see nothing but typical retail MMs anywhere below ALPS at $0.0030....
I mean, there can be though kind of dumb to do so...
Short report is probably a reflection of MM activities than actual shorts in this case..
But it is possible to short this stock if you REALLY wanted to... Dumb, but possible...
You described the entire otc...
If you say so... And even if there is, that's assuming a lot.... Good luck
That's not my interpretation of the circumstances at all personally... But to each their own...
What do you mean MMMM is off the table, what makes you think that??? Everything I see show it is on the table... That's exactly who the merger/buy out is suppose to be with...
The PR345 is thought to be GXXM, I don't get what's confusing???
Now your post has me confused... Can you clarify???
I just realized.... GXXM hit the bottom Bollinger Band today with its lower wick... The Bottom Bollinger Band is being reported as $0.0005 right now, which was today's low...
Which also means the Bollinger Bands are closing up right now...
Well, imo honest opinion then... If it is good news, it'll be filed in the AM... If not, then expect it in the PM... If it is an NT, then expect it in the PM... There might be a grace period too...
I don't really follow filings too closely though personally... I am more strictly about the charts...
Hard to say, they don't really have a lot to go off of in the news department, and what there is to look at date/ time wise is all over the place... No consistency to note of...
Duh...
Unfortunately that means nothing... Those are just where certain Market makers, in this case ALPS sit... All retail Market Makers have unplugged for the day so the shares they represent have disappeared leaving only those that remain still showing as what you see... This itself means nothing... I see it all the time...