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5.5M here and holding for the end which ever path that may lead
Games are being played, have had order at .0008 for last 15min and it is not being filled
Perhaps, but not sure those who are truly long would be willing to take the tax loss and have to wait to buy back in and miss out.
That's not illegal and how the OTC game is played.
If you do not like it I suggest you go to the big boards.
And at least Dok admits it as you'd be naive to think he is the only one doing that or other disingenuous behavior. Do you honestly think all those screaming to the moon are long term holders? Please
Correct, 10q will be for old SWRF and not reflective of new entity. Proforma financials will be submitted within 70 days as stated in the 8k.
The supper 8k will be reflective of Sooum's operations for the past 2 years
but that doesn't mean the PR train cannot start flowing before the 8k is filed
yup, first decent cross since the 3rd, could be start of the next leg up
MACD cross on the 60min chart, RSI at 50, Accumulation continues to rise.
Things looking good from a TA after yesterday.
You need to research how the stock market works and the OTC in general. this is how the game is played, you don't cry fowl when you win within the rules.
AS they say, don't hate the player hate the game
Accumulation is up on all charts, 1/5/15/30/60 min over the last 7 days.
They would also be diluting while releasing fluff news. They are recently public and are most likely getting their corporate ducks in a row.
will we break .0008's
boy its fun just throwing out baseless, useless claims
35M on the bid at .0005, only 22M in volume today.
Ask has 350k at .0006 and 14M at .0007, hardly stacked
A lot of factors go into picking a shell, such as price, Share Structure, the condition of financials statements.
Many companies reverse merger with dark reporting or Pink shells and uplist in short order, this is not rare or uncommen by any stretch
Balance sheet not looking to bad after the draw down and conversions, if we get positive news form Europe clinical trial or US patent should get some interest going
66M on the bid, with CDEL at 11M. Strong bid support as this critical support level.
Having CDEL and MAXM on the bid is encouraging and crash could partially be CDEL shorting and now covering.
Accumulation is rising, RSI at 40
if .0004 breaks we go to .0002 and all bets are off, if we can rebound off of .0004 still have a sliver of hope from a TA stand point
But this is the kind of play where news trumps all.
From a TA perspective this has been a bad day, the only positive is that accumulation is actually rising on this "sell off"
Um, yea they do, what do you think a stop limit order is
The fins will be coming they have 2 months to submit a super 8k with all audited financials.
Insiders cannot buy shares with out posting the necessary SEC filings
It is much cheaper and easier on a resource standpoint to perform a reverse merger with a public shell then performing an IPO
Not a chance as he would need to file with the SEC if he is making purchases.
At this point i want the declien to continue into December, let it pop then fill the gap at .006 in first couple weeks in DEcember and i will load again for spring
i'd agree but it wasn't low volume on the pull back actually the largest 5min volume in the last week.
Now maybe stop losses were tripped casuing the volume and crash but was def not low volune pull back
It is like people don't know how the OTC works's or, whether its groups or MM's this is how the game is played
50M on the bid at .0006 show showing strong support right now, and could be more as MAXM might be hiding
And will take time if they want to do the right thing, quietly going about ones business and taking the necessary steps to take the company to the next level is important.
This is better then the info overload on most share selling companies, they are obviously not currently in the business to dilute and further hurt the share price
Most insiders have shares a .50, this is a hold and see stock that could easily be a 10x-30x
I noticed that they filed their initial OCTQB certification on Tuesday, which is great to get off of pink status.
With that they will need to file by the 13th or file an extension
Of course, just like you could have be wiped on the big boards in the last couple months.
OTC is gambling, but unlike sports there are a lot more tools and information available to move first.
It is all about first mover advantage and utilizing the info that is available to find that risk/reward ratio that you as an individual are comfortable with
I am willing to loose every penny i have invested in GLGT as i see the reward to be 6 figures in my bank account. this is true for any stock on the OTC
There is much risk involved in the unknown which results in a low PPS, even when merger news is released it will not rocket directly to .01.
These plays move in cycles
1st - Shell is bought and changes on SoS - send PPS from trips to .00's
2nd - Waiting period on confirmation - accumulation high, gives back some initial gains but holds above original price.
3rd - Confirmation of merger - anywhere from small sell off to decent bump in price that will retreat to slightly higher/lower than previous PPS
4th - News comes out about newly formed company with is where the real gains commence
We are in the 2nd phase where big players are not willing to risk their money on the potential reward as there is still many unknowns, this is where the little guy can make a killing as the risk/reward is very high.
Hard to say what soon is anymore, has been quite a while and months in between SoS updates, but one would figure something has to give one of these weeks or months
My guess CDEL is short and needs to cover which is why they are flashing the large ask. They are a known shorter.
Not sure if L2 looks great, but it is holding support, accumulation still up, RSI, MFI, need MACD to start to curl back up
But overall chart still looking good
If you believe the company, now that the merger is complete it is worth waiting for financials and additional PR's as to where the company is headed.
This is just the beginning
Might see .0005 today if they want it too, breaking .0006 ruins the chart
Some retail idioit is walking it down with ETRF 50M on ask
here comes the dump
a whopping 110k shares hot .0008 all others loading in the .0009's today, stair stepping our way up
the important thing is no sell of on news only more loading going on as things are progressing as expected.
Just not sure why they would if Swordfish will be the surviving Corporate entity, Sooum is a wholy owned subsidiary.
I don't think they will change the ticker as the company will still be Swordfish with Sooum being a subsidiary
8k's are better than news as it is officially filed with the SEC, PR's are often fluff and not accountable.
There is no fluff or lies in an 8k