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I responded to that tweet, As i could not for the life of me understand how this was a "garbage" "fluff" PR.
Investors have been screaming about the loan and potential default/conversion so management puts the worries to ease by saying they will pay it off
Since when is paying off a convertible note garbage news, is an 8k garbage too as they will file one once it is paid.
Damned if you do, damned if you don't. Management doesn't PR they are keeping shareholders in the dark without updated, they do and they are managing the price
One thing is for sure Clay is about selling subscriptions, so anything he can do to make his service look better he will do it.
it is telling, everyone yelling timber and calling for trips but non retail MM's were loading millions of shares last week (over 30M in volume) and are not selling anything at all this week. the are holding everything that was bought as evidenced by the acc/dis line
these sells are just to test to see if they can get more but at this point i think those who have held will do so for the duration.
If/when we get news this will fly with little to no volume, and even if news is not coming i think it will bounce one more time to allow the MM's to unload all those shares
From 9/9-9/12 there was over 30M in volume bought at or below .002 as low as .0015
the past 2 days there has been total 600k in volume.
Hard to say the RSI on 15/60min chart is low 40's and MFI is approaching 40 all the while accumulation is increasing.
I think it is still good for at least another leg
there was no pump though only selling, in order for the promotion to work it would have to have seen some gains before a sell off, we only got the sell off
News out that they are paying down the debt due to increased sales
https://www.otcdynamics.com/vpor-vapor-group-inc-vpor-accelerating-sales-enables-pay-down-of-debt/?utm_campaign=twitter&utm_medium=twitter&utm_source=twitter#.VBgn1vldU08
Agreed, seems massive selloff was to fill the 20m bid at .002and the millions that were grabbed below.
It is strange for a stock to have a couple massive volume days dropping the stock from .003 to .0015 it rebounds to .0024 on little volume and sits there except 18k shares.
Now why would someone load millions of shares below .002 and not be willing to sell at .0021
Time will tell but the trading has definitely been interesting the past week.
itchy retail bringing it down, some dont seem to know that dumping on red days just compounds the problem
Agreed, I have gotten back up to my original holding from Jan last year of 750k that i plan on holding till next year.
We need buyers or we will continue to sink. They are walking it down with ease
Need to put in higher high to keep trend going, so far have higher low
Actually in a few minutes by the looks of it
You don't need to worry they are walking it down you will be able to get in the .02's this afternoon
Possible, but volume on a lot of OTC is way down
I have thought that that MM's are very short shares based on the float and the volume that there was in May
Interesting comment by CEO of anther company that just completed reverse merger that began back in March
John Pedder, president of Blackbird adds "We both understand that the shareholders are disappointed with the delays that were incurred. These delays were not due to any conflicts in the due diligence process but the parties, Blackbird, SDE Ltd and Wave Electricity Renewable Power Ocean are subjected to external procedural constraints and regulatory body confirmations. The summer vacation period did not always permit all internal and external interested parties to be in sync within this process.''
FINRA does not control splits local rules do
http://www.sec.gov/answers/reversesplit.htm
FINRA does not provide that info to anyone. Also the company would have to file with the NV SoS if there were a reverse split as they are the ones "in charge" of the companies equity
T-Trade for 531,00 shares for 19k went through. Someone is still loading or covering
R/S might first be filed with Nevada SoS before FINRA can do anything, R/S's must always be filed in the state the company is registered.
NITE is not diluter, anyone can be NITE, bought shares earlier on another stock and I was NITE
RSI on the 5/15/60min chart reset to 40, ready to rock n roll
New MM MAXM on the bid at .0015 with 1M, they are on the ask at $8
in total bid suppoer really picking up
Only positive is you have non retail MM's stepping up for shares at these prices
Maybe insiders still need to load for their own S/S purposes and needed the price lower
It also broke to the north of the sym triangle that was forming on the 15min chart, would of liked to close above .162 and get that as support
https://twitter.com/sootkoos/status/509795860264538113/photo/1
Stock market is where patience pays particularly when it comes to reverse mergers
No one can say what the price will be, people can guess based on current info but its all just conjecture
No one thought it would hit .45 but it did, so everyone can talk like they know but no one really does
Stocks go up and down, welcome to the market.
People are impatient and MM's can do as they please
Doesn't diminish the fact that a reverse merger is in process until something says otherwise
The price in the mean time is a function of those wanting to go to "greener" pastures which are the same ones who will flock back once news hits
Correct so nothing has changed
It is possible but if there were any material changes there would be filings on Nevada SoS
Need to break to the north of Sym Triangle forming on the 15min 3-5day
I'd rather them wait until they have real news to share then do it out of urgency to nurse the share price
Lol, of course they care about the share price, but what do you want them to do? Put out a PR every time to stock goes down???
They are building a business and brand, let them focus on all the moving parts that are going on (Additional stores, new products, franchising, distribution agreements) and the price will correct itself as their plan comes to fruition
I for one and glad that they do not act like the typical penny stock that manage the stock price instead of the business
Yup whether pumped or not turbine bought the GLGT shell and Victor has bought 53.5% of the float. So he was willing to spend north of $50k, more like $65k for the shell and remaining portion of the float that needed to be purchased.
Someone doesn;t spend that money for nothing, There is blood in the streets it is time to buy.
NITE will want to sell those 15M shares they bought at .002 and they will not want to sell them for a loss.
Well the person who has 53.5% of the float will be hurt the most
Guess we got our answer, lower she goes with NITE in control
Wonder what will happens when NITE gets its fill
Agreed, that was part of why i got in, the bottom price reversal, low O/S with news and a gap 5x the price at the time.
Yes sir may i have antoher
I see a Gap on the daily from .59 to .56, perhaps i am incorrect but it surley looks like one
http://stockcharts.com/h-sc/ui?s=drio
Def being accumulated hard the last week, look at the volume and acc/dis line and MFI index all trending up
when they want it to this will run past the 50SMA and they to .10