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LMFAO....NO BID!!!!!!!!!!
A good day for us...But STILL manipulation if you watched the trading...The only question is where we go from here...
WHAT A SCAM...300k shares goes through at the close. I doubt it was selling. It looks like the shorts covering. Yates is INVOLVED in this up to his eyeballs. Every time there is an announcement they pull this garbage. We are the SUCKERS...
Yes...Which tell me that the shorts are covering at the ask, but the MM's are keeping the stock price flat. It is possibly the MM's that are doing this. Which also means this stock was totally manipulated down from $2.70 to .80. Will they allow it to move up? Not until all the shorts have covered. Then we will only go up based on substantial news which could be months away...
Watching the ask get hit repeatedly without any movement. This stock is so manipulated. I have no idea what it will take to take us above $1.00 again. We are months away from any potential good news like revenue and significant installations. If you notice, they are no longer reporting any new Master Franchise Agreements if there are any. Simply because nobody cares anymore...
LMFAO...NO BID BY LUNCH TIME...
LMFAO...Now nobody will even touch the .0002's...TIMBER...
LMFAO...After all the dumping nobody even wants to buy the .0003's. Back to no bid...
SCAM....There is a sucker born every day...Some people NEVER learn...Another selloff...Anyone buying today at .0004 has already lost 50% of their money... .0002 on the bid...Not a bad days work!!!
I am not sure I understand. If they cover their shorts, wouldn't that cause the stock to go back up. (short squeeze) Unless they are STILL shorting the stock at .80 in hopes of it going to .50 or lower...
This is not "normal" trading. It is a systematic selloff of big blocks of shares. Then some cosmetic small buys to try and make it look normal. I think there are still an abundance of shares yet to be sold. Like you, I also feel Yates must be involved. I hope we do not see the volume double in the last hour like yesterday, and we close below .80. Whoever is selling KNOWS what he or she is doing and is trying to be as DECEPTIVE as possible...
Another scary day. Is anyone else watching the trading today. I just saw a 50k share sell at .081 for 40 grand. Followed by a 100 share buy at .083 to disguise the sell. Will we beat yesterday's volume and hit another low. Or close in the green? Can anyone make sense of what they think is going on here?
Another ugly day for us unless you are shorting or selling. Don't think for a second that there isn't an endless amount of shares that will be systematically sold off in the coming weeks and months. There is no doubt in my mind that Yates is in on all the action. Nice staged shareholder meeting you had for us Yates...
I gave up buying shares on the dips. You can buy it for .85 at the moment, which is the lowest I have seen since I have been in the stock. I am not confident this is even the bottom. The trading has been suspicious as usual. Big blocks going through without moving the price. Then a few thousand shares will move the stock 5 cents in either direction. For now the market markers control the price and they can do whatever they want...
Just curious...Will you be concerned if the stock falls back to .50? What happens then? Freefall? Sell? Average down? Hold? At this point there just does not seem to be any support. If the potential here was as good as we think, investors would be scooping up shares at this price. Perhaps they are, but I do not think the bottom is in yet...
Am I the only fool on this board that is getting clobbered in this stock? It seems like everyone else is just fine with the way it is being systematically sold off. Perhaps I am the only person here that actually "owns" the stock. We have gone from a high of $2.78 to .90 in less than 2 months. If so, kudos to those that were successful in keeping us invested, (including Yates) while we head back to .50, and they profit from their cheap shares...
There may be potential here in the future, but for now nobody will even touch it for .90. I suspect there are many more shares yet to be dumped. And conveniently right after Yates gave his shareholder meeting...
Here comes the drip, drip, drip, trading back where we were last March. Nice presentation Yates. Good luck everyone. You are going to need it...
Thank you for you insight. Would you mind sharing some more information about the units you purchased. How many and perhaps where you located them. Are you happy about the current income they are providing? Do you anticipate adding any more machines? As much as you would care to share would be helpful. Any information would be greatly appreciated, as we are all still trying to figure out if this is a good long term hold or not...
MDCN....RIP...
I just don't see how this stock gets back to $2.00 in the next six months. There are just too many shares that are available to sell at a profit, and not enough "income" news to offset it. I think shareholders are in trouble. I'm not even sure there will be support at $1.00. We need a "meaty" news release with substance. Not the usual fluff and puff ones we are used to. We are right back where we were when the stock first took off months ago...
What a disappointment. I think that entire shareholder conference was smoke and mirrors. Did you notice that Yates never took any "real" calls from investors that had called in. It was all a prepared presentation ahead of time. This is not a good long term hold in imho. Flipping maybe. I had always suspected that the company was selling shares. Yates is smooth. I will give him that. Now if I can just get out with a just small loss, I would be pleased...
What did you think about the trading on Friday? High volume with big blocks going through, without the price moving at all. This stock still makes me nervous, as I can not figure out what is going on. I do not know if we are headed to $1.00 or 2.00. Like I said earlier, keeping VEND long will be a challenge...
I was also concerned about Yates mentioning a reverse split which is almost always the kiss of death. I just hope that we didn't miss the boat when the stock was in the upper 2's. I am thinking we will be testing $1.00 again with only 80 machines installed, and all those additional shares that you mentioned. Perhaps this stock is just better to flip. There was a terrific opportunity to flip the last time the stock hit .90 and then went back to 1.60. This is getting old and going long will most likely be difficult...
IMPRESSIVE!!!!!
Conference calls always make me nervous. It sounds like they are going to have some explaining to do. Although we should have some clarification as well. Keep in mind these are results through June 30th. I suspect they will not be stellar. Look for a volatile week in trading as evidenced by today...
Where you a "Former PR" contact for VEND? Or another company? You never made that clear. It's seems like you are rather pessimistic over our current disclosures. Which is always a prudent thing to be, especially in penny stocks. Why is it you decided to become a shareholder in the first place? Are you still planning on holding?
I doubt they will have 750 robots delivered and running by the end of the year. What stock price are you realistically expecting by the end of the year?
So with the increase in shares, I could have been correct in my assumption that the company was selling shares for capital. Hence our drop from 2.70 to .90. Only 75 robots installed is disappointing...
I like the fact that we are maintaining our stock price at about $1.60, without the fluff and puff news releases...
Is this stock getting ready to take off again? Looks like it could be, now that it seems to be trading "normally" again. I guess we will see...
I always suspected part of the selloff from 2.70 down to .90 was the company selling shares to raise money. It will be nice to know how much cash they have on hand, as well as if more money is coming in than is going out...
I am tired of seeing blocks of 10k shares on the buy and the stock price not moving. Something very fishy is going on. Will this ever end?
It looks like we are settling in at around $1.30. I just hope it stays above this price for at least another week. Perhaps this is a good entry point to average down, for those like my self that are in this stock above $2.00...
I guess it is just flip away. I assume there is nothing to keep this happening again. So much for keeping this stock long. I have never seen more corrupt trading except for penny stocks...
First time poster here. I am getting crushed in this stock. I have tried to contact investor relations without success. I have left several messages with no response. Perhaps if others tried we might get some results and some helpful information...Thanks...(888) 902-7558...Ext 3...Art...