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I guess fundamentals of a company have no say down here where every company can be manipulated by folks so inclined. I'm guessing that is not the case for stocks on the higher boards, well at least not so much?
Your talking about the drop yesterday at the close as manipulation? I agree with you. And the overall drop of the pps here from .06-.07? I agree with you again.
I figured another drop right at the close. What happened? This can't be right.
Makes you wonder why someone would want to bring it back down to that point just for another test? I guess you would have to ask the MMs, the Master Manipulators, what that reason might be.
With the volume being 50% of the average, I'll agree there is monkey business going on.
Now you have to decide if it is the company dumping all those shares during a day where the volume is half of what the average is daily volume is, or some other kind of monkey business going on by someone other than the company.
I actually forgot about the end of year pink sale.
Here's the O/S as of December 10th.
258,699,762
Any guesses on what it will be come the update? I'm guessing around 260 million. What say you?
Hey there d8catman. Haven't given a shout out to you in a while. Hope everything's ok with you.
I bet that the 4Q revenue will come in right at $6.729 million.
You sure that wasn't all the sellers rushing to get out with that 3k transaction?
Now why would you say such a thing? When this stops getting manipulated down, it will rise way beyond .03 and those that take your advice will be leaving money on the table. Why would you suggest that they do that?
So why would OTCmarkets post this?
Financial Reporting/Disclosure
Reporting Status U.S. Reporting: SEC Filer
Audited Financials Audited
Latest Report Sep 30, 2013 10-Q
CIK 0001488309
Fiscal Year End 12/31
OTC Marketplace OTCQB
A dip down wouldn't be anything new here. It typically dips within the first thirty minutes like clockwork, so you more than likely will be right.
I figured another double top would get it back to the first top, .17?
How is a double top presenting itself when it is only back up to .135-.14?
The stock price in June will be where the market makers and flippers want it to be. Without any real institutional support, like all pinks, it will be easily manipulated to whatever pps is needed/wanted in June. Fundamentals do not matter in the pinks. It's all about flipping for a 10-20% gain! and bringing it back down so the same scenario can be repeated.
I'm not sure where all this dilution talk comes from. Two and one half months ago there were 252 million shares and now are 261 million. That represents roughly a 4% increase in the number of shares, so there is some dilution going go.
On the flip side, two and one half months ago, at the end of 3Q, the company reported a 95% increase in Q over Q revenue. They have given us a 4Q revenue total of over $6 million for 4Q, which will probably end up being at least 20% Q to Q growth.
In the end, those that would prefer to focus on the 4-5% growth in share total, as opposed to the 20%, and 95% revenue growth, IMO, are focusing on the wrong aspect of this company. The revenue growth is what will shut off even this modest share growth, by making this company self-sustaining through its operations.
Final thought, EWSI is generally conservative in their estimates, so they can provide a pleasant surprise. Last quarter, they came out with a preliminary projected revenue of $4.5 million, that ended up actually being $5.3. This 4Q, they are projecting more than $6 million, which, I bet, will actually be closer to $7 million.
Let's hope that for every one here focusing on dilution, there is at least the same number focusing on the growth of this company. IMO, the growth surpasses the dilution, and will put an end to it.
Anyone see the open letter to shareholders from yesterday?
http://www.ewastesystems.com/investors/investor-overview/
You may find your the answers you are seeking here.
http://www.ewastesystems.com/investors/investor-overview/
I'll open a bottle of wine to that. I've taken to the Montepulciano grape. The wines from Italy are really good. That grape also does really well here in Texas.
A toast to securing a great deal.
You know it is much easier to make money down here by shorting than being long. That's pretty much common knowledge.
Throw in a little dough/doubt, mix in a tablespoon of flippers, add in a teaspoon of shortening, bake for a couple of weeks and you have yourself the perfect short suffle.
Not something I would be interested in trying, but it seems tasty for those with a certain acquired taste.
Well, IMO .15 should of held, so .10 should also. If not, maybe .05 will hold. I mean the company hasn't done anything since it was last down at .05 to warrant it being a little higher, has it?
btw, my tongue is firmly in my cheek.
I would agree that the lack of an audit is the weapon du-jour. Its fruition would mean that another tactic needs to be deployed. Right now, that's the one to glum onto.
The usual, IMO.
Looks like the pps is still trying be dropped. I wonder how low the target is this time around?
Just because someone wanted to drop the pps down, what does that have to do with anything connected with the company? It is not like the company can prevent whatever level of trading some folks engage in down here.
Why not go by the 500 ma? That would be safer.
Yep, all you have to do is read the fine print in any 10Q for any stock, and you will find the generally the same verbiage.
Kind of like a warning place on a ladder letting you know that you could hurt yourself if you fall off.
Just general liability stuff.
The guidance report they put out on November 5th, offered up a $4.5 3Q and an annual revenue total of $12 million.
The actual 3Q revenue came in almost 20% higher. I'm thinking the actual annual revenue will be around $14 for 2013, with 98% of that coming in the last three quarters.
I guess we can't expect another 95% Q over Q revenue for the fourth quarter. That would put 4Q revenue around $10 million. I guess that would be out of the question to expect.
It rang for me. Of course, no one answered since it was a Sunday.
Wasn't out-of-order for me.
Or, another cup and handle forming. The last time this happened, from March to June, the handle at .02+, exploded from there up to .14.
Sure looks like the same pattern. Let's see if volume drops a little, pps drifts a little lower for a week or so.
This cup looks even better than the other one earlier. Shorter time frame. Not three months but six weeks. Time will tell once again.
Your chart shows the handle from June 17-24, then the take off.
I don't know if I'd describe the manipulation as heavenly, but I do think it is heavily manipulated. Too many eyes on it for it not to be.
That makes two of us, hoping that you are right, that is. I got a feeling there are many more than just us two though. Some might even know you are right.
I have three stocks down here, this being one, that I check on during the day to see what's going on. Since I'm not concerned about selling any of the three anytime soon, I guess I could follow the minute by minute ticker to try and add. But that doesn't really float my boat either.
When you say woke up, I'm guessing you are referring more to the traders/flippers. No telling where they were today. My guess is they were working hard to continue the descent.
If anything, based on the action of the O/S from the early summer till mid-fall, I thought it would continue to go down. The fact that it stabilized might mean any of a number of things.
So why postulate?
Wouldn't a company wanting to sell shares want to do so on the way up in pps? Having such a large ask only means that the pps will drop. Why would the company want to dilute by making the pps fall so it ends up with less $$$?
That has to be some other entity wanting to give the appearance of a brain-dead company putting up that large of an ask, and hoping the peeps run with the dilution angle.
My guess would be someone wanting the pps to retreat. Are you thinking its the company wanting that, so they can dilute and make less money selling shares? Must be a bunch of total fools running this if that is the case.
Would you really expect of bunch of flippers to do that?
This is no of these ultra low volume down days. We've had the same sort of volume on up days. I think the common denominator in both scenarios is the word "manipulation."
Maybe it's the same folks that brought it down from .02 a couple of months ago to the .011 level.
So, with your DD, what's your recommendation?