I compare Bitcoin and pot stocks potential to someone in 1998 saying this crazy though: "Buy into the Internet market space" Not so crazy now...
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*Awesome screen name
Finally a dip! Time to buy
Maybe you can clear this up for me: if I see that the ask is at 0.035 and I place a buy at 0.035, why can't I buy those shares at 0.035 right away!? This morning the I was on 3 different asks for over 30 minutes without the ask changing while my buy was there. Who ultimately decided to fill the order?
Still holding my shares at 0.02, but I've been on the ask trying to buy more all morning and none of my orders are going through.. getting irritated here!
;)
Sold 3/4 of my position for 110% profit today! I hope it dips monday so that I can put all that money back in. Have a nice weekend!
This is a good entry point considering the share price has dropped 93% since April 2013. Without a R/S, the 3.5 BILLION shares with a par value of 0.001 will keep this stock right there.. at 0.001. But if you do get in at this price, making 10% gains every time it goes up by 0.001 is a hot deal! Sure wish I was using the $10K to get in here rather than at 0.040!
It will likely never see 0.040 ever again.
Looks like you are 9 - 1 now. LVVV is at 0.01 only a week after you alerting it...
SUSPENDED UNTIL SEPTEMBER 30TH 2013
Here is the link:
http://www.sec.gov/litigation/suspensions/2013/34-70423-o.pdf
Well no, I have no idea who you are haha! Best of luck to you with the outcome..
Big time!!
Are you sure suggesting to hold isn't biased by the fact that you have money invested into it and want all the chances on your side to get out as fast as possible? ;)
To me it is quite obvious that this will tank once it starts trading again. For anyone looking for a second advice, I'd tell you to sell as fast as you can and buy back back in with the same money at much lower levels and play the bounce.
Good luck.
Thats really weird! Maybe my email is off their list? I'll go to their site and sign up for it again I guess. Thanks!
Thats weird. Might be something wrong with my account, but the last awesomepennystock email I've received was: Our New Pick Revealed Tomorrow Afternoon!?
I checked my junk mail and I have none in there. With XUII I was receiving emails every second or third day.
Can any non-premium member post an email they have received pumping PWEI?
I'd be a little worried since the public emails haven't been sent out yet... If you are already in the green I'd would take my profit and go, but that's just my opinion. Technically, the premium members who bought early will only make (take) the money the public members will throw into the stock at a later date. If the emails don't start coming in soon, I wouldn't want that risk burden.
GL
Thanks for your input. Very interesting.
Yet it fell back to 0.017 instantly hmm
Slapped that assk. Only got a partial fill though. Can someone post L2?
Trying to get in... I don't want to pay over 0.02
Back up to 0.1
I'll get a starting position tomorrow ;) 10 - 0 ??
So LVVV huh? Looks like another nice pic from what I see so far
You're right, calling the next aps pick is near impossible. Just helping spread rumors :P
Rumor is that its the next Awesome Penny Stock pick coming out tomorrow morning. Could explain the horizontal trading today...
MLGT Big accumulation at 0.10$ today, horizontal trading most of the day. Dropped 70% today, potential huge bounce play tomorrow.
MLGT likely to bounce big tomorrow
What you are seeing is what the 'ask' is showing. Right now the ask is at 0.29$. Doesn't mean much... the market makers removed their asking price they've been playing with all day and the next lowest asking price set by a GTC orde (good till cancelled) is someone asking 0.29$. This will change in the morning as soon as the market makers put their asks back in.
You should have placed a stop limit on your investments! Pink sheet stocks have drops like this on the regular. If you know more or less what you are doing, I suggest you invest in stocks that are on the NASDAQ which are hovering around their 52 week lows and have developments in their near future.
Might be MLGT
Actually, same promoter did the same thing with FITX (check them out, they fell hard every promo) but FITX also had many more promo teams hired at once, also paid in shares. So they were all off to the races to see who can get the most $ out of their ''pay'' (in company shares) dump dump dump into the market. Filling pre-set bids until even the bid 80% lower than open of day were getting filled...
This is a good entry point for new investors IMO. We should see an increase in share price before end of day. But obviously, nothing is for certain in penny stocks. Especially those who deal with promo pump and dump companies... only play with disposable income with these types of stocks. The greater the risk the greater the potential reward. Remember for every dollar you lose, someone else gained. Dollar for dollar.
Well no, the one's who get paid in company shares eventually dump them on the shareholders filling all bids. So its kinda like, ok give me 1000$ for these shares at 0.30$. No more buying at 0.30? ok give me 1000$ for these shares at 0.25$. So on so forth until they have no more to sell. Using that strategy they maximize their profits while minimizing the amount of time they hold shares...
What happened here is that the promo company got paid in shares to do the promo... They simply sold the shares they received from MLGT and converted them into cash straight into their pockets $$$. And off to the next promo for them, leaving current shareholders broke. Too bad there's no stopping these pump and dump companies. Criminals.
I am anticipating a big jump once the ticker name is changed to Advanced Cannabis Solutions.
Major shareholders:
Name Number of Shares
Robert L. Frichtel 1,000,000
Roberto Lopesino 1,150,000
CoMoCo LLC 2,000,000
BGBW LLC 2,350,000
All Officers and
Directors as a Group 2,150,000
Roughly 63% of the shares outstanding are owned by them. Once the buying pressure comes in from the public, the name ACS will be everywhere in the pot-stock market. When the buying pressure comes in it will go for a nice ride, level 2 is thin on the upside.
The 90 acres is from their previous operations. Promap Corp "was" a gas and oil mining company operating on the land they now want to use to rent to growers under the real estate company named Advanced Cannabis Solutions Inc.
The name change should be coming this week, the meeting about the name change was last week.
The main difference between this pot stock and the all the other ones is the amount of shares outstanding. Its a major factor in rise of the share price. With only 14,000,000 shares "out there" the supply is extremely low compared to MJNA, CBIS, SKTO, etc. They are in the billions of shares outstanding. Real dilution machines where the CEO are robbing investors by raising the amount of authorized shares and continuously increasing the supply of shares.
The ACS shareholders now own 88% of PMAP because of the terms of the acquisition. That means that roughly 12,000,000 shares out of the 14,000,000 are theirs! So if they are holding for the long run, the supply of shares ready to exchange hands is extremely low. Very basic economic analysis (I have my Master's in Economics by the way) of what's going on here, but it is the reason why small daily volume has been making this thing move up fast. That being said once the demand increases over the next few weeks/months this stock will at least reach 10.00$ per share. The demand is low for one reason at the moment and that's because it's a new stock and the investor's are simply not aware of it yet. Being aware of this stock currently is a great investment opportunity.
Have a nice day!
No doubt it will. We can make this thing move by simply alerting about PMAP in the various iHub boards that exists for alerting purposes... If in one day it moves 30% with only 2500 volume, and 17% with only 1700 volume, imagine what would happen if it got 100,000 for one day. It could triple in one trading session.
Yup great news! This stock is on a solid climb and will keep on moving up. 10.00 per share minimum before end of September.
Hi MVP,
This one isn't a penny stock but it's shares outstanding is only 14,000,000 shares as of today and the owners own a little over 10,000,000 shares. They changed their business plan last week and filed an 8-k. Basically they plan on using the 99acres of land they own in Colorado (which they used up until last week to mine gas and oil) to rent out to legal marijuana growers! They won't sell, distribute, or harvest. Just rent.
Let me know what you think about this one, it already started a run last week (+160%) on low volume.
Here are their SECs page, you can find all their information, their future plans, company employees, top share holders etc.
http://www.sec.gov/cgi-bin/browse-edgar?company=promap&owner=exclude&action=getcompany
PMAP is up 160% since changing their business plan to rent out their 99 acres of land to marijuana growers in Colorado!
Only 14,000,000 shares outstanding, this thing will explode this month.