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Maybe your positions aren't big enough Lucky? Or perhaps mine are too large? Just depends on the trade I guess :)
Snail, I think we don't do anything that far in advance lol. I say THU-FRI, tomorrow last good chance to pick up sub 20s when we go through our daily orchestrated trading event in advance of the thrilling end of day mini launch.
It's like we already know how each episode ends.
Why is OE the best? Not challenging you. Sell us on it.
I concur. Scottrade is serviceable, especially for the commission price. TD only good for big stocks.
I'm OK with Clay liking UNGS technicals. We can never have too many UNGS bulls lol.
"Great chart, very exciting, question is does Wayne care about charts and dropping news at a key time such as this to give his shareholders the biggest bang for their buck?"
A CEO can't babysit the daily pps, and I doubt he cares at all about technical analysis right now. But I do think he was concerned enough to makes attempts at keeping this out of the trip zeros. Obviously the failure to merge on schedule put a lot of pressure on the stock. I think we can count on forward business progress to the best of his ability, and positive PRs to keep us from free fall while we wait. It's what caused me to average down rather than cash out last week.
Worse than that actually, they look like 20 year old candy machines. They aren't really placing them anywhere so it doesn't matter anyway. They were early and have a small cult so they get by with it. Or not, the pps has fallen huge and has farther to drop if they don't start selling something. That's where UNGS comes in IMO.
The bigger issue may be the number of machines they actually have out and selling. It seems there are only a couple which is more than a little surprising given the run that stock already had.
Nope but it's OK to dream lol.
I did get my 12s after days of being stubborn on my bid. Got my avg down a bunch. You just never know what is wise. Had it run I'd be kicking myself now for not just loading up a few ticks higher. Others will have the same torment now wondering if 16s are a deal or not. Anything under 20 could give you a 5 bagger in under a week when real news pops. Downside risk is minimal from here IMO.
I'm VERY all in as far as my OTC budget is concerned, and then another milly after that as I couldn't resist the sale lol.
I'm not predicting precise PR release days, but we have the potential for many in the not so distant future. This thing may bounce around daily but the general direction will be upwards on a weekly chart IMO. Gonna get stupid when the asset sale and/or merger closes!!!
We've waited this long, the day to day should not shake a seasoned investor.
It's why I am still here Happy.
Everyone put on your imagination cap for just a moment and imagine a modestly profitable company on the OTC, with high end vending machines, and a professional appearance in everyway on their website. Maybe even a new CEO that isn't regarded as a thieving weasel. (not that Wayne is, but he has survived OTC too long to be "clean")
A stock like that just might not be "Pink" for too long. Even if I do sell shares this year, I will be leaving a position behind until my dream is proven unlikely. If Sylios starts acting like the "famous" OTC MJ companies, I'll be outta here.
Good posts today Happy. I agree that either way could work. The intial reaction to "deal off" wouldn't be well taken, but Sylios actually selling product in quality machines, in some quantity, would sell shares after a brief period.
I'm convinced assets sales are the problem, and Signifi isn't selling out for shares of an OTC that isn't clean yet IMO. Why would they? At the same time, I don't see Signifi pulling things down from their website either. I still think they very much desire a merger. It appears that Sylios has decided not to stand still on MJ while things clear up. I hope they proceed down that path. It certainly beats just being an old oil company having a garage sale IMO.
Got your pps pop today and still here, LMAO!
Flex has much cred on this board. He's taken a good eBeating for a stock that didn't launch fast enough for the typical OTC investor. 90% of us have had numerous chances to bail with a small profit in UNGS. We're big boys and girls responsible for our own decisions to stay or not.
Hoping this is my happy spot lol. OTC and iHub in general are testing my faith in my decision to play OTC any more. I think I'd trust Flex to watch my cash on the bar while I go take a leak lol.
Sure it is. Now go check out the fast movers share count every day for a week. OTC MOMO investors are REAL bad at math. Fundamentals don't matter. Hard for me to swallow as #s are my thing but it's just fact. The trade profits are made and everybody has moved on a month before somebody figures out the forward PE is 1000+. I gotta except that or move on to a new hobby lol.
You have no idea how transparent your bashing and motives are to a modestly intelligent human being are. You can't post your crap on 27 forums and think you don't get a rep real fast. Try a little DD and a few thoughtful posts. It will get you more cred than you can ever dream of.
You'll right this post off, but I tried.
I hear you MrktMovrs. I can't blame you for getting out. I'm not a kid OTC gambler. Old guy who believes in the fundamentals and it has served me well. (I don't fit in so well in OTC land lol) 98% of my positions are not in OTC.
There will be PRs of lesser activities and I appreciate the attempt to buy time. I may be proven wrong but the closing of the oil assets would make me get in VERY fast. I'm in deep enough already (and up), but I'd be very tempted to get stupid lol.
Consider a new small position soon. Risk a couple five ticks of downside. You'll kick yourself if the merger announces and this thing triples while you are letting the dog out.
Look at UNGS vs other OTC MOMOS selling at the same price with ABSOLUTEY nothing but a pallet of energy drinks that could make 10K profit in a year if things go perfect.
This thing isn't going to .0005 for more than a day with all the stuff Wayne is scheming. He may be greedy but he isn't stupid IMO.
Believe I'm in the minority here but that's my #1 concern for the merger to close in the near future. There are regulatory time limits to file significant activities such as the sale of 125 oil wells, rights, property, etc. IMO Clock starts when BAYP gets their financing and pays Sylios. I don't think Wayne will waste any time filing once he has 5 milly in hand, assuming that is the price. BAYP isn't the only buyer if things go bad, but they seem the most interested based on their PRs IMO.
"I would own every share wayne is selling"!
LOL I hate the OTC. Since we started from a low O/S share base I don't care if he doubles the shares just as long as he closes the merger and presents a viable company that can justify the launch we long timers deserve.
Thanks for the UNGS play Flex. I've been around OTC and iHub just long enough to know you have taken an unwarranted eBeating for this pick. While it may or may not ever launch to pennyland, I really think it will. In any case, 90% of the folks who bought in on your rec have had many, many chances to flee with a small profit, or at least even. More than you can say for the preponderance of hot OTC pics of the day from other sources.
Just figured out how to subscribe to your list. Wish I had found this board earlier.
Thanks again.
Millionaire Monday. I like that. :) If you can promise it is THIS Monday I'll go pawn all my good stuff this weekend and get "ALL IN" like I really mean it lol.
I count myself among them. I sat on a pretty big 12 bid for days when the sky was looking pretty dark in the opinion of many here.
I have one ask slap at 16 to my credit too. Didn't work but dammit I tried lol.
If ANY buy under 20 is bad, we missed this call anyway. In a few weeks or a month we are smiling ear to ear, or we are at 001. I like our chances with a bit of patience or I wouldn't be here.
Tstarr
You got that many shares you can afford to slap that ask if it's needed. Quit being so cheap and protect our investments lol. Tell em guys, There's no "I" in TEAM UNGS buddy. :)
Just bid like you mean it on Monday. A .0023 bid should end your frustration by 9:31AM
It won't matter when we hit 10 bucks a share anyhow. :)
Big order or just trying to save the last tick Tstarr? Took me days to squeeze some 12s out of them a few days ago.
About 4-5 ticks up from release of "OK" news. I'm thinking big news is gonna be some real fun!
Have a good weekend all!
"What do you think ???"
Your weed order will be a toll free call if you are one of the last 3 people in North America without one?
Or did I miss your point?
We did get news. It was nice for the CEO to let us know things were in progress, and we reversed 25% on the announcement. Much more news to come in the near future IMO.
To anyone who is new here by chance, we have the sale of 125 oil wells and property in progress to BAYP for perhaps $5 mil. That should clear the way for our much anticipated merger with Signifi. That will be the catalyst for a true launch.
There is much info available here. Do your DD and build a position if you find it worthy. You probably have a few days, but if you wait for merger news you won't be buying at these prices. If you see a closing on the oil assets you better move fast IMO. It may not get much hype here, but I am very convinced that is what we are truly waiting for.
I'm not much on hype, as I am VERY long on UNGS and not looking to unload after 3 ticks. There is much more here for the patient.
LMAO Siri, but that's off topic. I finally got my 12s today, after only about a week lol.
If they stay under the authorized shares, would any dilution (if occurring) not be completely legal and still a clean shell? I'm not thrilled if the O/S is increasing drastically after I buy, but not sure that makes the shell dirty at all.
And I think you should execute your plan to sell tomorrow on an uptick. Staying in a stock you don't believe in is bad strategeree. Did I spell that right? :)
Investment bankers and company officials even implying sensitive info to random investors who call seems more than far fetched. A quick trip to jail at risk.
Agree MW industry will be huge in the not so distant future. An OTC that attempts to launch a viable business plan could be acquired by a NAS or big board company at a huge profit for all involved. But 98% will not, as they are much more concerned with running a share selling, BS PR scam for their investors now. They'll get somewhat rich quicker I suppose, but its a fraction of where a legit BIZ could go in just a couple years.
Vort
MJ stocks will remain under scrutiny for some time IMO. 15 minutes or less of DD made me run from most all of them. The SEC public warning was earned. There may be a few more besides UNGS with a business plan/share structure that could ever sniff a quarterly profit, but I haven't found it yet. MJ is a real bad place to launch an OTC scam right now. I'm sure that isn't news to Signifi/Silios.
I've made a good percentage of my gains on oil companies. Never small company's that are stuck with lesser properties and can't afford to drill dry holes. UNGS chose a much better direction IMO.
I agree linkvest. Major industry shifts, sale of assets, natural resource rights and included real estate. Clear up some debt. The company you are merging with is sound, but shifting to medical MJ with us. That's a lot of stuff going on in just a couple months. A lot more than other OTCs ever attempt. If you can trust our CEO to make this happen anywhere close to promised time, this ends very well.
You could pick a worse sector for sure. Oil won't go out of style in our lifetime. I'm an UNGS owner just checking in to see you secured financing to pay for your 125 wells and property yet :)
Stark
I administered some of the punching bag treatment at you. And yes some of my last posts were partially directed at your posts. No malice intended whatsoever but you were one of the guys freaking out without evidence. I can't promise this ends great, but worst case you invested in a stock that should have mucho cash soon and very reasonable shares for the OTC market. UGS can find a new partner if they have too. That's about as good as it gets for protection in the OTC. Just don't want to see you and others shook out on BS manipulation, and an arbitrary date you imagined was a deadline. Good luck and GO UNGS!!!