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Well scam is not the correct term for nsrs. Its not a scam in the sense that saei was a scam, at least thus far. But it is a play that relies on a shared delusion of the massses as it relates to its market cap and pps. And that is inherently risky and unstable and prone to sudden mass exodus and crises' of confidenc that can result in quick and huge pps drop without warning.
Reminds me of the news flows outta saei. I wouldnt touch this thing with a ten foot pole now. You can bet pumps and dumps.com will be doing some major dd on this "news" over the long weekend.
Drive it higher how? Everyone thats apt to buy these sorta things is already in on this or knows about it. Whos left to scam now?
Yep i totally agree. Cwrn was the awesome pick that was a failure. I couldnt think of it the other day when someone asked if they ever have failures. Yes they do. Although its a success if u got in early as it is up 100% as of now.
that's because those are phony "pair" executions by the pumpers where they execute matching buys/sells in rapid succession to generate volume and alerts. Part of their bag of tricks along with wdco's stink bids.
Ohh well all the subscribers of theres who lost their shirt on amwi might be a little low on funds for nsrs. And u do know that nsrs is already a double for those that got it early. This is no longer early imo. Glta.
What makes you all think its going to $1? Is it the low market cap of $200 million or is it the fact that its a pump and dump and everyone knows it, or is it the fact the entire penny world already knows about this thing and has thus already had a chance to buy in? Or is it the $16 the company has in the bank? Im confused about this wild bullishness?
Two? I counted 5 in four days lol.
Well the company has already released a lot of pr's. I tend to think this pump is almost over. How much more bs could they still release to keep this thing inflated? Maybe they
didnt get Awesome's memo that this is still a secret pump till next week lol!!
Then just hit the ask already if you think it's going so much higher what is the matter if you pay a few tenths of a penny more per share?
If everyone thinks its going sky high it probably wont, if everyone thinks its going to a buck its prbly not. And that shorter/lawsuit guy that crashed amwi could show up here at anytime with a pr, just keep that in mind.
Based on charts i'd say it could be going a lot lower then that.
Double top alert!!
i'd play this now by waiting to see if and when this breaks today's HOD in the future days. If it can overcome that resistance level, $1 could be possible. If not, its going in the trash heap.
This is more than a pb imo due to volume. This looks like the dump to me.
Falling below the .33 support level.
Glad I stuck with my own advice.
Anyone that doesnt take some profits now is a fool.
Big block sells going thru now. 120k shares.
Looking a little shakey.
I agree, but after the pb. If it doesnt pb, then i'll just wait for the next pumper lol.
i'd be selling the gap if i were you guys.
They've had one or two failures in the last couple years, but generally you're right. But again I reiterate that there is always risk involved and if someone has a lot of skin in the game and a large profit and wants to take it at 50% like i did or at 60% like the other guy, there is no reason to feel bad about it.
I know all about this promo operation. That is still no guarantee of anything. Anything could happen. Imo its always good to take a profit when u have one, especially a 60% one.
Hey nobody ever got hurt taking a profit.
Sure looks that way. I keep thinking peeps are gonna run outta ammo soon, and the hits keep coming lol.
Don't worry too much, they are regulated a lot. They are regulated by FINRA, SIPC, by the DTCC, by the SEC, the IRS etc etc. Not to mention the tranfer agents and the brokers. I tend to think they are pretty straight. Its the shady pumpers and companies with their dilution that u have to really worry about.
Remember, the mm's don't need to fool around to make money. They actually make a ton of money legally on the bid/ask spread.
They can move it around because they are getting orders that are constantly changing and sometimes people change or cancel an order before it is executed so there is no corresponding trade to see. They have to keep the bid/ask balanced based on orders in the queue
But cobra is right. You never know when ur seeing a buy or a sell. Sometimes the mm's let buy orders thru at the bid and sometimes they let sells thru at the ask. Its hard to tell what ur seeing for sure.
Yeah. I certainly don't know anymore about what its gonna do then the next guy. Thats just an opinion. It could very well keep running without a pb. We shall see. Just take some profits along the way is always my advice. GLTY
Nah, i still think too far too fast. Too bullish. First serious shake by eod imho. close .272 Not being negative, just realistic.
I don't even know the name of the company, what they do nor do i care. All i know is the ticker and the chart. That's all i need to know lol.
lol not scared. I see it's breaking the hod. I already made 50%. I'm gonna watch it and see how it developes, good chance i will be getting back on board to scalp some more. GLTA
Even if it does double top and tank today, i don't think its done by any means. Too early. It could tank back to low 20's and then easily rally to .75+ by middle of next week. That was the pattern on amwi anyway. GLTA
I'd be very careful here until this decisively breaks the hod. It seems to be having trouble overcoming that level. If it pulls back below .30 again, it could fall very hard on a double-top panic selloff. I already took profits at .32 GLTA
A double or triple top means that a stock price has reached and touched the same level two (or three) times and then pulled back. It is a confirmed move if, on the second pullback, the price exceeds the low made between the first and second top (or second and third top for a triple top.) Generally after such a confirmed move, a stock will move much lower. Volume on the second pullback below the previous low should also increase for even further confirmation. GLTY
Unfortunately that is a big risk to holding this overnight imho. GLTY
The dow and s&p 500 have absolutely no relationship to amwi or any otc stocks. Please keep that in mind while trading. There is zero correlation
Be cautious adding until it breaks .52 hod due to the confirmed double top intraday. IMHO of course. GLTA