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.
I don't know how you guys are getting them in any kind of numbers, but I see they are getting filled periodically. You see those tee-tiny volume bars every day? That's all I can get off of these stingy boys.
I must be on the permanent shit list for whomever our market maker is here.
I've been pretty vocal about it since we won the award. !
I'll refer you to one of my first posts about it!
It's the main reason i went from a cheap 100k position to where I am now. And why I stuck around despite some truly conflicting blunders along the way.
This thing can truly be marketed to the entire world, including just your average Joe at home. And that's really the point, making this remote tank monitoring boom be accessible to literally anyone in any application. I'ma keep one on a jug of milk just to show my support
I'm not too interested in the short term quotes that get displayed on OTC Markets. Unless they offer a blatant opportunity like a few weeks ago. I'm interested in the team executing the plans laid out and the clear path to profitability.
I didn't mean for that post to be a reply to yours.
It's actually Jonathan Bunt, not Christopher. Geez, sorry!
Beyond excited to see the SmartTank fully functioning on a big boy site. Beyond tired, so just going to sleep for 30 hours instead of writing and researching incessantly to celebrate this long awaited milestone of mine.
Christopher Bunt, and the rest of the iot labs team.... You did it, boys. Congratulations, and I hope you're the ones who got most of that quarterly bonus.
Idk. Miss. Wood seems to have a band of vindictive contrarians following her every play lately. Could help explain some of the irrational nosediving here lately.
Admittedly, when I saw her going on TV talking about divine guidance in her basket of stock picks, and making every single perma-bull look like a gigantic floppy vagina by comparison....I knew it was time to take all the gains she'd gotten me.
She got fanatically overconfident after having the infallible hot hands during a monster bull run. There's a lot of people, with a lot of money, who won't abide this kind of public behavior or success purely out of spite.
I still appreciate her imagining a world that my cynicism rarely allows me to envision, and respect her putting her money where her mouth is.
I love how her and Burry have been taking jabs at each other. They are the perfect over-the-top stars to battle it out in this ridiculous movie.
The party don't start 'till I walk in!
in b4 everything gets filed tomorrow and the entire float is bought up.
I plan on calling them, too, since you had such a good experience.
I really wish IQST would employ a legit transfer agent, and should probably request an audit of all of their many executions of IQST shares, convertibles, mergers, debt settlements etc. over the last year.
Vstock Transfer LLC...
Sure, they are probably the cheapest, but you get what you pay for. They are demonstrably terrible and sometimes even blatantly nefarious in their capital market efforts. Here's an embarrassing SEC litigation brought on them last year.
They are shady in nearly every aspect of the services they provide. Sadly, a large chunk of the OTC company's securities are entrusted to these criminal clowns. I can't understand why. They must just offer the best prices, and pray upon these companies who can't afford to shop around.
If you're not a fan of reviewing the various court cases against them over the years, just look at the horrific stories in their google reviews. Call the place yourself. I called a few months ago again just to troll. The lady that usually answers the phone is comically angry and incompetent. Easy pickings.
To round out the trolling with some actual DD, I ended up asking her if the company would be interested in accepting a purchase of some of the private security data they had on a set of warrants in a ticker. Her tone changed, and she abruptly hung up. I'm sure those offers go through all the time. Kickbacks from institutions and broker-dealers. Huge amounts of critical trading information leaking out way before us poor saps understand what's happening. They are probably offered for free in the form of lost and stolen information.
These kinds of players are just as bad as corrupt MMs and predatory debt bankrupters (this particular transfer agent is likely in cahoots with the worst ones) and are a big part of the equation when you're trying to figure out exactly why the OTC is a shark infested shithole...toxic to even the great companies just trying to make it big in this world.
I'd e-mail Brad about the importance of these services, especially early-on in a growing company. But I'm sure he'd do the usual "..whut?" and pretend to pass the information along to management.
They should definitely request an investigation of all of these past services, and then immediately switch to a reputable transfer agent.
No idea why I'm on here talking about this kind of thing today, btw. Just bare with me.
Pretty excited about this if all goes to plan, and the numbers and prospects being published are indeed accurate. The problem is getting the damned shares! The MMs here won't take me up on my little needling efforts, and a few big orders could just flip a big switch on this. Got me a few thousand, and really that's enough until we get the SEC filing.
A lot of competition today amongst big fish wanting IN no matter the price levels. Seemed like actual organic orders being placed as well.
Apollo Vs. PUMA? CDEL vs TEAMCASTLE? Stay tuned for more of this royal rumble!
He's been out of the ihub game for weeks now. That's not like him, especially with so much going on. I'm sure he just needed a break from the white noise, but you gotta worry about your online people now'a days.
Good job in the recruiting efforts. Tell them they're just going to have to needle into a large position. They stopped letting the retail high rollers play fast.
Covered calls are so straightforward and easy. Only risk is having shares called away if it goes over the strike before expiration, so you could potentially miss some upside. Do a simple google search and PLEASE put that position to work while you hold over the years. You're breaking my heart over here.
Very nice! Sell some covered calls on some of that monster position while you wait... And while the market is in kangaroo mode.
Up 40% so far in my mostly options strategies. I've slowly built up a long position of ~700 shares at a 5.90 basis. Will continue building this till the end of the year.
Yoav said "read between the lines" on the call, with great confidence, and I took that to mean a significant aquisition on the horizon.
Regardless, the company is in great shape as is (especially at current prices) and poised to do extremely well if all goes to plan. This is a good place to park extra cash over the next few years.
They are spot on with the importance of owning several different OTC stocks so that you can guage the overall OTC market much better. If I had owned more than two back in February, it would have been easy to zoom out and see that there was a massive scale pump and dump going on.
I could have helped myself and others here make a killing instead of just thinking it was an organic explosion in IQST interest.
I keep about 5-10 now in similar types of companies. They are usually just little place holder positions in an effort to track this kind of thing going forward. I encourage everyone else to do the same. Depending on your risk tolerance, time to devote, and skill level, you can turn a small OTC portfolio into a little nest egg by swing trading the more predictable tickers.
Now is the time to get in to OTC positions you feel comfortable with; nearly everything has been beaten to a pulp and the tides seem to be turning. I agree that insider financial writing this article over the weekend is pretty much confirmation of this.
Pleased with today's action. We kept half of yesterday's gains on half of the volume. Plenty of the usual tricks were back in play today, as well.
Overall markets pretty red on top of that.
This sets us up nicely going into Friday as long as the volume holds up. Usually when we start spiking in volume the MMs will open up the bid/ask to ridiculous levels (saw 8-10% a couple of weeks ago!) to run everyone off. Let's see if they stoop to that this go around.
Feels like the worst is behind us as long as the company continues to deliver. They might keep us in this .50-.60 range for a while if the markets in general stay skittish.
Friendly reminder that POKERSTAR spent an entire year on this board mindlessly pumping the stock and contributing absolutely nothing else. He totally blew up his golden position during the run-up to 2.00. (Actually feel sorry about this, because this happened to a TON of retail across the entire OTC) Sold out for a big loss and proceeded to come back and call all of the people who he previously relied on for DD and advice a bunch of scammers and illegal manipulators. Now he's back every red day hoping everyone here ends up with a fat loss and miserable just like him.
Haha, when shaking the tree goes wrong. They didn't count on a lot of longs here yawning on the way down, then BUYING MORE when they flashed the ridiculous prices.
Hopefully this is a sign that they've finally given up on us. It's a lost cause, boys.
Big names like Fidelity are making users resubmit their penny stock trading agreements, too. I had to actually call earlier in the year, because the online form is no longer available. A lot of people have probably gotten deterred during this process and similar road blocks that other brokers are tagging on.
I see there is a lack of useful information being exchanged here. Typical of these ihub communities. I myself have even shamefully contributed to this recently, but I promise to do better as I get caught up here!
I continue to play the options game(sold some 5$ puts today), because I feel good about the extra leverage and the premiums at these levels.
Looking forward to the conference call.
This is a real catalyst for IQST that I've been looking forward to for months. As OTC speculators get shut out of these garbage companies, more money will flow into actual legit speculative plays like this one.
JB, say it ain't so! This hurts worse than any 10-Q. Much respect, and a million thanks for the knowledge and help you supplied here for this last year. I can't imagine selling all the way out at these levels, but can't necessarily fault you either.
See you in our other shared investments!
.
Well, thanks for clearing up that the quarterly bonus was paid in shares and not from the cash raised. That I can feel a little better about.
I'm still so cautiously defensive, and view everything through the lense of that offering.
Ouch. That's ~10 million shares of our clearance offering in Q1. Instead of bringing in the average 10x value on this money that was lost, they just gave it away to themselves for having a nice subpar quarter in which the share share price continued to tumble. That wasn't in the prospectus of the Q1 offering...
YIKES!
And no, paying off the toxic debt(and associated reduction in interest) with these clearance sales was something you maybe hold your nose and swallow while looking to the future. It's not a reason for just giving yourself ~25% of what was raised. This continuation of irresponsible funnelling of shareholder money only feeds fears and pushes prospective institutions/IBanks further away.
You're right, Leandro has more explaining to do. Consolidating the telecom divisions was supposed to help margins, not hurt them! And it won't be for two more days. Where in the world do we go from here?
My man! I also don't have time to read beyond the skimming. Technology expenses account for a lot, but I can live with them using our cash for these projects they've promised. Should hopefully quell some fears that they are just putting out bogus press releases about products that will never exist.
We'll meet back later!
I'll be looking forward to it, then!
I barely make it home from each of my long hospital shifts (especially now as COVID is filling us to capacity again...) before immediately collapsing into the living room floor.
At least my cats and daughter are happy to come snuggle me there most of the time!
Any kind of help moving these outdated skeletons around is greatly appreciated.
You're right. Sorry for the confusion! I'm trying to get caught up here and was looking at last year...
Should have went to sleep instead, obviously!
After some of the share offerings I've seen lately, NanoD's "discount" offering (~ 33 million at 7.50, as market price was mid to high 8s) is nothing short of a godsend. Thankful to swing some more cheap calls, add to share position, and I trust the money is good hands.
Well, these are some hopeful developments.
You guys are going to inspire me to start taking screenshots and sending in big presentations again. I used to do it some, but never got any indication that they were even being read. I guess with the huge influx of retail recently, we might be carrying a bit more clout now'a days.
Viva La Revolucion!
I continue to place sizeable bets on this outcome as well! We've got talents of our own, and I also have done well in the game of picking companies!
Then they win by their substantial share positions increasing in value as the company hangs on, becomes profitable, and the share price explodes. They'd be actively helping drive it up, as well.
This is what these guys do as the primary business model. These two particular groups do extremely well. You can see why it can be a very successful operation if you have some talents in picking the proper companies teetering on the edge of success, but still have significant challenges.
Yep, that's what I meant. This happening as they raised the offering price is no coincidence; They are calling the bluff that iQSTEL won't need to raise any more cash soon as they stated.
I'm worried what we're seeing may actually be some of these same debt companies (Apollo, M2B) that they've had to reach out to in the past. They did well last time, know the company well, and surely could get their business again if they indeed are unable to become profitable quickly enough. They easily have the capital to manipulate this ticker in any way they please; they also have tons of shares so they can trade/collar/hedge/short in any strategy imaginable.
They'll win no matter the outcome of this situation, and that's why I'm beginning to think this is what's going on.
The company has to tread very cautiously here, and I'd feel more comfortable if they sat on the cash a while longer and dialed down the M&A campaign until more favorable market conditions exist.
I don't engage that dude at all, unless I'm roasting him in public while hoping he sees it and takes it to heart.
I don't necessarily think this means we're having a conference call. I think it would have been specifically mentioned just because a lot of people have reached out to specifically mention it. It does seem more than the usual follow-up letter Leandro usually does, though. Maybe a speech this time? But yes, I'm excited to be heard and inspire others to reach out and also be heard. It's hard to get through the filters in place, but we can and should still be striving to give constructive feedback and also hold them accountable.
As far as other questions about what to do about the nefarious trading activity, and where do we go from here: there are no real answers to either of these questions. Us retail investors will assume our usual position of just riding whatever waves these people want to make. There will be no government intervention here. No accountability. There will be no easy way out of these clutches. We just hope the company stays healthy and on it's apparent path to profitability. That's the only way out of the shark pit.
21 trades happened in one minute. ALL of them sells. Totaling a whopping 189,872 shares. The majority of these happening in a ten second window where ten trades were made.
The level 2 bid sizes at this time were:
0.3803 = 2800
0.3801 = 7500
0.38 = 171427
During the minute, the sells were in chunks that were just enough to break down these three levels and not a single share more. The extra 8,145 shares were added to the bid along the way and were instantly adjusted to and taken out accordingly.
Do you think this lightning fast and razor precision trading is the work of anything other than algorithms designed for a specific purpose? A purpose they've become increasingly efficient at. I could show 500 more examples just like this over the past couple of months. This is what you're up against, and this is what the market has become.
It's impossible to compete with these things, and even if you try they won't let you. I used to try to execute similar buy-chain strategies to mimic the algorithms. Maybe fool them. It's worked well for me in other tickers if I can be REALLY fast. But here they would recognize me, and refuse to even fill the first part of the order. They'd then readjust the entire book and slowly begin to let it play before I'd just cancel.
To say this is a free and fair market is absurd, and this ticker in particular has had some of the most blatant combinations of all the worst things it has to offer.
B-rad, of course. The majority of iQSTEL's IR effort. The gatekeeper of all communications with management. Try reaching out to him some time!
He'll be happy to demonstrate that he has no material understanding of the capital markets at large, much less how or why an event is happening. He'll be happy to dive further into a flowchart of insulting and deflecting commentary that they taught him in community college. He'll be happy to continue eroding shareholder confidence amongst knowledgeable investors, and not recruiting nearly enough nickels from his curated Facebook group to offset the damage he deals.
Same story as most other times in this ticker's trading history. No big buys are let through, especially at the ask. If they are let through, it's only after they have repositioned themselves accordingly. Meanwhile dozens of 10k+ sell orders are routinely executed within a 30 second timeframe. Tells you all you need to know about why the price action is the way it is here.
I've been just needling them with the 187 order.
Thank you for your service, soldier. Hopefully it makes it through the filter of FB, the arbitor of E-mail, the gatekeeper of all communications between us and management, B-rad. I often wonder if any of my concerns ever actually make it to them, or if any of their replies/statements about specific matters are anything more than his usual Pre-K tactics.
This is another big reason I want to get management used to doing these direct communications: I've soured on that amateur PR buffoon long ago and have been refusing to even participate ever since. And I can't be the only one.
It should be easy now'a days with ZOOM calls and such. You can see everyone's face, you have full control over who has the floor at any given time, and you have the necessary tools to instantly weed out bad actors and give extra time to people promoting healthy conversation. You could even mute Leandro himself just before he called some kid a little bitch boy who only has 4 nickels in his 401K!
Everyone is so used to this format already, anyways. I can only imagine the amount of these management has had this past year as they were spread all over the world often in isolation.
I always reach out to the companies I'm invested in to not only hold them accountable for what I feel like were missteps, but to also help them identify and solve problems. At least the low hanging fruit problems.
I'd like to think I've made a difference in the companies, and of course my portfolio, by going this extra mile!
Sounds good. You've got the job!