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Alright! Another PR that sent the PPS down! Just what we needed! At this point you can only laugh. Also, why are these PRs always released on some obscure site no one reads? I don't see this news on Ameritrade.
Can't anyone see the manipulation here!??! The company tweets. An orchestrated pump to dump commences. Back to red. Until they audit and uplist, this is all any tweet, PR, or filing will ever result in.
I really struggle with this concept also. I think Kura said it yesterday, but WHY GO PUBLIC IF YOU DON'T CARE ABOUT SHARE PRICE??? If their goal is short-term acquisition to raise company value with the assumption that PPS value will catch up in the long-run, this thinking is backwards!!! If they are everything they say they are, why would you not IMMEDIATELY audit and uplist? Do they not realize the inundation of $ they would get from an increased share price on a higher exchange? Then, they could acquire all the short-term holdings they would ever want!! I just don't get it. When (if) they finally audit and uplist, AXXA will be at dollars(zzz), plural. Honestly, as a company, why would you not want that for your business and your investors. This is precisely why this stock wallows in the OTC being manipulated and shorted. EVERY. SINGLE. DAY.
Don't worry, Billy Ray. If not today, eventually the penny will fall and then silver and then dollars.
Sharp reversal upwards about to hit the market. Hopefully AXXA follows suit.
Shorts still trying to control this. Always the same thing at opening. A big sell to drop PPS to trigger stop losses, and then a squeeze to cover at EOD. It is a tragedy what this stock has become. We literally should be trading at dollars...let that sink in...dollars....It baffles me why there isn't every effort to uplist. There will never be any real gains whilst floating down the Schit Creek of the OTC.
Low volume manipulation to trigger stop losses to steal shares. Once the shenanigans are done we fly.
Very thin to .08. A few ask slaps to push past .08 and this will climb fast.
This is very well stated. There is absolutely no reason this should be trading so low. The volume has trickled down and the manipulation is disgusting. What is more revolting is the fact that there is little communication from the company regarding its intentions regarding audits and uplisting. It's always a meaningless, 'we can't audit all these global companies. We just want to focus on building the business and thus shareholder value.' That model is failing. If they truly wanted to help shareholders out, they would do whatever it took to raise the PPS to where it belongs and scare off any short interest. They continue to 'acquire' more business to raise their value, yet still have no immediate interest in realizing their true value for their loyal shareholders. Look, I'm still here for the long haul, and have high hopes that someday this will be a very lucrative investment for those who stuck it out (for years). But, it's becoming more clear that the only thing that will ever move the PPS up is hype and short term pumps. The price thereafter deteriorates and the real PPS value is never realized. Audits and uplisting are the only way we will see the price this company is actually worth. Until then, anything and everything they broadcast about their growth will only amount to a short term pump.
I am more of an optimist than most, but the reality I see is that as long as we are stuck in the OTC, this will always be heavily manipulated. As we speak, MMs are undercutting the share price on the ask by .002. How, why is this even legal? The solution is, and always will be, to uplist.
It took you this long? Way to wise up. Responding to these trolls gives them exactly what they want, attention. Just don't respond, and they will go away. Not to mention, like you said, they have offered nothing even remotely useful to the conversation, and have been perpetually wrong in their commentary.
99% of traders in the OTC are dumber than rocks. None of them should be trading. This manipulation today triggered so many stop losses I bet and led more lambs to panic sell. This is all the more reason AXXA needs to prioritize uplisting. By wallowing in the stinky pinkies, they are losing so much potential smart money they could be using to grow. The whole market is red today also. Just hold, AXXA will be over a dollar by year's end, easy.
Still very difficult to watch the daily manipulation. It'll be so nice to see this finally uplisted.
Hehehe. Best joke I've heard in a while. GLTA who bought into this scam. Hope you sold high. This pump is done.
A reverse split is almost always a sign of a company's decline, as they attempt to polish their turd in a last-ditch effort to attract investors. A reverse split is the effect of poor performance, not a cause for. AXXA is clearly on the up and up with their growth, so there would be no reason to reverse split. Plus, they have said multiple times that they will not reverse split. As far as everyone here is concerned, it is a non-issue.
I have talked to Boris about it as well. And I agree, their strategy is the right one in acquiring companies. I was making the point that this company doesn't belong in the OTC if they ever hope to realize their true value. Say more volume comes in to raise PPS, then what? The volume will leave again once the pump surge is over. I've seen it many times over, and that will continue until they are in a more stable, smarter market.
Quite frankly, the biggest issue is the company not auditing to uplist. The reason this doesn't move to its value is because it's in the OTC, where dumb money rules. AXXA chooses to remain in this chithole of a market. I know they have continually stated that audits are difficult due to all the global assets. But, they also say that they value their shareholders. They can't say both. They absolutely need to prioritize uplisting, and soon, to attract smarter money. Until then, it won't matter their asset class, revenues, or book value. This will always be a pumped-on-hype stock. Nonetheless, I'm still holding, as I know days like these will be a forgotten memory when this reaches it's TRUE value. It's only a matter of when.
This is when you buy.
I'm sure it will drop some more, but who cares. When it's at $1+, will these dips under a dime really matter?
Blood red market today and low volume. Longs will be rewarded for their patience. Tune out the noise.
Bitcoin price has nothing to do with AXXA's involvement in trading cryptocurrencies. Nor, is there any dilution in the past 3 months. Herein lies the problem; people run their mouths on ihub about things that aren't true, and dumb money listens to this disinformation and panic sells. In the end, AXXA will arrive at its true value and more, because it doesn't need hype. If you want a quick buck, this is not the stock for you.
Not sure how long you have been here, but this has been perpetually shorted for years. This recent start of a correction has begun to eliminate most shorts. If I were shorting, I would have ran long ago. I believe shorting AXXA is over or coming to an end. PPS will climb to book value and beyond very soon.
Maybe he (they) learned a lesson today. Probably not...
I think you answered your own question. And, they failed and will continue to fail. Why dont they just hop along the rocket to the moon instead of trying to short. What miserable lives they must lead. I honestly feel sorry for those kind of people after a day like today. Many would rather be right and fail than just admit defeat to succeed.
Yeah, it is tiring dealing with this crap day in and day out. Uplist!
No worries! At least you owned up, which is more than most do on iHubber.
That is a dangerous piece of misinformation. They have millions of shares, not billions....
P/e is only one indicator of investor value, and it is not typically used for OTC stocks. This is because most stocks that trade on the OTC either have no earnings or assets, or because they're a severely diluted. None of those contingencies apply to AXXA.
Exactly, it is a good sign that there was panic selling today. Consolidation and removal of impatient hands. I've seen this scenario play out many times with other less valuable stocks that run. AXXA's quarterly report was outstanding, pushing shareholder value to near .60 per share book value. There is no amount of shorting or idiot-selling that can drop this. The next push is coming, and I don't feel sorry for those whom were too ignorant to wait.
Yeah, I've been here since the conversion and have held through it all. Funny thing is, pps has risen from the beginning over the long haul. Those that wait through these $#!+ storms will be sitting pretty in the end.
I find it comical that people who were pumping this stock a week ago when it was on the rise, not only decide to 'exit' their position at a slight decrease in price, spread disinformation about the company being fowl and 'not right', but then also attempt to validate their position by knocking the company claiming 'you can't make a bad apple ripe'. People like this are the reason these stocks don't move. They want instant money, don't want to do anything to earn it, and then broadcast their impatience and stupidity for all to see. AXXA has been easily manipulated for years now, and today is no different. There is a concerted effort to trigger stop losses and make the impatient sell their shares. Once fins are released, there will be another leg up. I mean, it is literally happening today, and people can't wait!?!? If you can't take market swings, then don't trade on the OTC, or stocks for that matter. I genuinely wish you the best.
...and this is only 1 of many comparisons. I am equally baffled and frustrated how these 'nothing' companies run up to dollars and higher as dark, defunct, bloated, non-recurring hype companies. Proof of Stupidity is a very real thing that unfortunately pervades the OTC to a massive degree. I think AXXA will easily reach dollars eventually, and likely very soon. It just boggles the mind why it hasn't happened yet.
The real vision here is AXXA strength. The attempts to get this to dump have all failed. Price is staying steady on relatively low volume, even with so many whacks to the bid.
Scum are undercutting the ask and triggering stop losses. Clear as day. Take off stop losses and slap the ask, people! We've seen this same thing last week right before it took off.
Nothing to worry about. Shorts have continued to try and hold this down, and in the long run, they've failed. This is a great place to add before the next leg up from financials.
No one here knows the answer to that, and if they tell you they do, they are full of $#!+. Also, no one can trade for you...
Exactly, and the big money coming in now is institutional. The ride is just beginning. The patient will be rewarded immensely.
There are 100s of tickers on the otc that are trading higher than AXXA which haven't even a fraction of AXXAs current revs or assets. Without question, this is just the beginning for AXXA and it's long shareholders.
Excellent presentation! I believe they made investors even more confident, and AXXA's future is limitless!! These current prices will seem like a steal very soon!
No new website that I see, just a verified profile and a lot of volume. Maybe a decent gamble for a small move, but this isn't going anywhere big.