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This means nothing to the shareholders and neither does it benefit the shareholders if the company continues to post losses.
A $7 million loss is not a liability, but a loss!
Let me make this clear, BYOC is a real company, they have good clients, the market of 67% is good, but without positive news that $7 million loss will always reflect on the company and they cannot escape that unless they issue a good press release.
You forgot number 6... $7 million lose which is a big factor in why BYOC is going nowhere unless a good press release is issued. By the way, I am once again am a shareholder, but one has to post the ugly and bad of a company as well and by not mentioning it the young investor would be led to believe that there is nothing wrong with the company.
It should not be strange because when one invest in a company they invest with the good, bad and ugly of the company that they are investing in and with that being said, it should not be strange to be honest in an opinion as to why one believes that a stock is going down even if they are shareholders.
By the way, I was correct and even though it did not drop to what I said it dropped badly and without a good press release the only momentum you saw and might see again is a pump to dump and this cannot continue which will cause the stock to drop and laggard then drop even more before going up.
I noticed that many investor when then buy a stock the stock they bought cannot be fallible, they praised the stock they invested in, they bash those who gives opinions, but this is a sign of immaturity and remember that an opinion is not factual.
I know that BYOC has good clients, but with no press release and posting a $7 million loss manifested in the chart the way I read it, there was not reason for the stock move the way it did. That does not mean that I was bashing the stock. I will acknowledge that they do have a good margin (67%), but they need to put out concrete news, not just release news to move the stock, but to let the people know that they are for real.
When I invest in penny stocks I invest knowing that one day the stock will spike up and as fast as it goes up that is how fast I sell otherwise I will lose potential profit. Rarely do I invest long term in a penny stock because most of them have no future expectations, they are operating on investors money. As for BYOC, I believe they are a good company, but they need to post press release that are positive.
Above is based on my opinion and under no circumstance am I bashing BYOC, but I am sure people dont like to here the bad and ugly of a company.
First, you are post old news and old news is no news. The only thing they have that might be positive is the 67% margin and though the gross profit is $1 plus million the over all loss is $7 millions.
I am a shareholder, but this stock will only move on future expectation, momentum movement on this stock is about a pump and dump.
I hope you are right about Monday.
Old news is no news. Future expectation is what will increase the price of the stock, but momentum is what will pump it to dump it.
Satchelman, when it dropped to the .005 range, did it cross your mind that I might be right in my opinion? LOL
If a positive press release is issued next week, in my opinion the stock could go as high as .08 cents with all the buying, seriously.
I sold yesterday and today bought on the drop positioning myself on momentum, it appears that there will be no momentum and if it hits .004, it would be closer to .0024 then to .01. Seriously, let's hope that a positive press release is issued next week hoping that it moves on the news and not momentum other wise you will see the price of the stock drop between .0022 and .0024
It appears as if got quiet.
I sold yesterday and today bought on the drop positioning myself on momentum, it appears that there will be no momentum and if it hits .004, it would be closer to .0024 then to .01. Seriously, let's hope that a positive press release is issued next week hoping that it moves on the news and not momentum other wise you will see the price of the stock drop between .0022 and .0024
Do you read with comprehension? I owned the stock at .0017 and sold yesterday and today I bought on the drop.
About getting mad, who is mad? I learned one thing in the market if I sold and made a profit and the stock continues to go up I just left a little for the next guy. I do not let anything that is said bother me.
Read with comprehension.
As you know that with penny stocks momentum moves the price of the stock which causes one to sell high and wait to see how low it will drop or waith to it drops to be picked up again. Momentum dies out and if no positive press release is issued the stock price would eventually drop. Now, I agree with you and the other investor who stated what was happening, but with this momentum a positive press release needs to be issued otherwise in my opinion it will drop to the range I stated. It looked like momentum stopped, but it picked up.
Nothing odd, if momentum is moving the price of the stock without a press release as fast as it went up it will go down. Just my opinion. My hope is for a positive press release to be issued.
I do not short any stock and neither do I play shorts, I do not bash stocks, I do give opinion even as a shareholder and you will never see me on a board if I do not own the stock.
By the way, I picked it up again figured momentum will push it up, momentum ends and no positive press release is issued the stock will drop between .0022 and .0024,just my opinion.
I see you did not appreciate what I said, but in your response I know the answer.
Maybe you will see me soon when I buy on the drop, LOL
First, I gave and opinion and my opinion still stand, it will drop and as I stated, unless a good press release is issued.
You stated that you learned to buy and sell, but did you learn to cut your losses, did you learn to take a loss or are you an investor that would not admit to your losses?
Believe me, I wish you all the best and under no circumstances am I bashing BYOC, I was stating my opinion as to what I was reading on the chart and it is okay to disagree with an opinion, but to take it personal and attack that to me show ignorance. I can see if I was bashing BYOC and I wasn't, I owned the stock and now that I sold I am wishing you guys the best. I will say this momentum pushed up the price of the stock yesterday, it does not look like future expectation did it.
I see you guys at .0022 or .0024 and if continue going up it won't bother me.
I am holding BYOC because on momentum, once it hits my price you will know I am gone and maybe by next week. But the stock will drop to the price I stated.
Like I stated, I am a shareholder and as I stated in a previous post a good press release can move this stock to .35 quickly, but a $7 million loss and no press release is not going to do it.
By the way, I do not get offended when one bashes me, nor to I get bother with negative opinions on a stock, opinions are not not concrete.
I guess you don't read my post, I own the stock at .0017 my buy and I have a set price until it hits I will not sell. I play penny stocks just to double that is it, what it does afterwards I do not care unless it really drops and BYOC will drop between .0022 and .0024
You do not know the definition of spamming and if opinions are spamming then everyone on this board will hae to be reported as spammers.
I am a shareholder and my selling price I gave earlier, buy what you see is going up for no reason and I still in my opinion see the stock dropping between .0022 and .0024 as previously stated. Just that many of you shareholders cannot accept opinions. Do you really thing $7 million loss and no news is a reason for this this to rise, or is it just momentum in buying and not a product that is moving this stock upwards? Once it reaches my price, I will wait for you at .0022 or .0024, but will wait to buy.
So report me, but make sure that you tell them how I am spamming in your view.
I am a BYOC shareholders, but one thing I am not is a dreamer, dreamer highly praises a stock they invested in and if someone post an opinion that dreamers do not like immediately one of their nerve it hit and they start attacking. Never once did I attack anyone of you.
Rule No.! - when investing in a penny stock invest with the expectation that you can lose it all this way if you lose it all you are not hurt.
Rule No. 2 - Learn to accept a losses.
Rule No. 3 - Learn to acknowledge the negativity of a company and if someone gives an opinion on the company you invested in don't take it personally. Just because one gives an opinion does not mean they are bashers, especially if they are shareholders.
Above are my rules, now I will probably get attacked.
A 347 area code speaks for itself, call and you will get a cell phone or it is attached to a personal landline.
With penny stocks as fast as it goes up that is how fast one needs to dump and one holds long term if it is a promising company, I would not hold BYOC long term, I have a set price, but I have to be honest on what I am seeing.
INTV is a company to hold long term.
I guess my buy on SIRC which I bought at .23 shows the lack of my understanding and also, my buy of INTV at .15 just to day hit .59, shows the lack of my understanding.
By the way, INTV is a good buy, I remember I bought at cents and cashed too early the stock went to $7.00 plus. Look at IGEN and TTCM, IGEN is better, but TTCM from .0065 went to .0095 and I called it that it would drop to .0081 for support, but like you said I lack understanding. I am LOL
Another way of putting it... The buys you are seeing are from the shareholders who are dumping at .004 (not .04, that was an error is I typed that, but I do not go back to my past posts)
We will see and I am serious, unless a good press release is issue, my LOL is the statement you made.
All the companies appear to only do surveys, LOL, the websites all resembles each other and I am also LOL, as for pathux, that is appears to be a one man's operation.
Now I see why they had a $7 million loss.
I never said it will not go up, I said that the stock price will drop between .0022 and .0024, but the support will be around .0032. The buys you are seeing is the shareholders who are dumping at .04 plus because they expect the stock to drop. Now, if there is news around the corner that will spike up the price of the stock and what I stated unless good press release is issued the price of the stock will drop between .0022 and .0024 and I still hold that and don't let the green candlestick deceive you, look at the to candlesticks prior and they came after the stock price spiked up.
On Pathux, they operate on a 347 area code which is probably a cellular phone numbers belonging to one individual, do they have a business number, unless it is a one man's operation.
As for 800service, when will they post that they received new clients and what deals are they making with other companies? Renewals are good, but without new clients and new business dealings renewals will not make Beyond Commerce a long term investment, it will just be a penny stock company and a penny stock player.
Above in based on my opinion, under no circumstances am I trashing BYOC, I am a shareholder what BYOC needs to do so that they can be a good investment.
After it hit .0045 then I noticed that the chart is showing it bearish and I new it was going to .0032, but appearing more bearish I stated between .0022 and .0024 and still hold that position.
[url][/url][tag]https://stockcharts.com/h-sc/ui?s=BYOC&p=D&yr=0&mn=6&dy=0&id=p34190852637&a=902049430&listNum=1[/tag]
Do you see the long wick on the bottom of the green candlestick on the far right, unless that wick is above it my indication that it will continue to drop and unless a good press release is issued watch it drop, after the support will be between .0028 and 0032
Above is based on my opinion.
I hope you are correct because I am a shareholder, but in my opinion it appears that it will drop between .0022 and .0024
It starting to appear that support will be around .0032, but in my opinion it will drop between .0022 and .0024 beforegoing back to 0032
I agree that it is battling in the present range, but in my opinion it is not going to hold. It would be nice if it hits .05
I was trying to post the chart on BYOC, but having difficulties.
Being that I am abroad and with the time difference I usually post while you guys are sleeping.
Before BYOC goes up it will drop between .002 - .0024, support might be around .0028, but it will first drop to the range I stated then to around .0028. This is not about being right or wrong, this is about the way we are reading the chart and reading charts opinions are made.
I don't hear anyone saying what I am saying and believe me I read most of the comments, unless you are bringing the past to present to support you statement.
It is a big plus that the gross margin increased because the higher the gross margin the more capital the company retains on each dollar of sales, but what are they doing with that capital, are they using it to pay other costs, are they satisfying debt obligations (which is important) or are they paying themselves no less then 50% bonus with that capital? According to FORM 8K that is a statement they made that they will pay no less than 50% bonus.
In addition, let's not forget that they posted a $7 million loss. If they post a profit on next earnings and release news that they will be profitable for the year 2021 then that would certainly move the stock over a buck plus. But it is not only about just posting a profit, it is about getting clients, the more clients they get with a steady gross margin is what will turn this company around to be a player in its industry.
So, you say that the annual revenue is great, I do not see that, remember that revenue only increased by 5%, but loss and margin increased and net loss for the three months ended September 30, 2020 was $7,729,449, compared to a net income of $1,860,561 and you call that great?
What is a big plus for BYOC is that they have a product, they have good clients, but they need more clients and they are not posting any news that they are getting more clients.
I am holding because I have a set price to cash in and I expect the stock to have a nice run to .35 cents if a good press release is issued. In addition, future expectations can move this stock, but let's hope their future expectations is real and not just a hype.
With no news this stock will laggard until the next run, in other words, dead money for a while.
Why I stated that the stock will back down between .0022 - .0024? The candlestick wick is a long flame and the two previous days toothpicks were being thrown on that flame. It might have a little run, but it will back down with no news and you will get it at the price I am stating.
Again, above is my opinion and I understand that a negative opinion bothers shareholders, but as a shareholder I am telling you what I am reading according to the chart and I hope that my analyst is incorrect.
You need not to respond to this queston, but if one hold shares does that mean that he did not sell shares?