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really??? you had order in @6? u do all or none?
am betting you filled now.....
And just like that......6'get murdered again. Man someone wanting to unload at 6.
Yep...the 6 bids getting whacked all day..let's see if this 9milly stack will hold. Need to see some 7's go.
Exactly...I haven't found anything either about fraud, convictions, scams, purgery, speeding tickets, etc....LOL
I guess all this noise is just about the falling pps like I said earlier. Not that it is not a legitimate complaint, but come on.
Is there any proof of this securities fraud conviction? Surely that would be out there. I hope we are not basing this off of "what some poster said". TIA
Day traders at this level usually will have a tough time. Patience is key as you say....as long as the company is not a fraud. That is what I am trying to make sure. Also, are there any updates on SS? I only show a float of 663mm. That is actually not bad at all. Many stocks at this level have floats in the billions. TIA
flaflyersfan..thank you for the info. will dd it
Do you have any guesses, other than pps, why so many here calling him criminal? TIA
I have not been on this board for that long...so forgive the question..
But why all the calls that the CEO is a criminal? I understand that the pps is in terrible shape, but that happens alot with new companies that have to dilute in order to raise capital. Is there something else that I am missing about the CEO being corrupt? Thanks in advance.
Well anyone that bought at 5,6,7 yesterday could sell at 6,7,8 today....20-40% profit not bad at all for a day trader...I would take it all day long.
I believe we are set for an up day tomorrow. Natural profit taking today after 60% up day Tuesday. Except less than half the volume. Chart looking bullish imo....GLTA ECDC!
I don't think you understand. What could ASYI possibly pump over the last many months? They have no operations, no sales, no product...In order to put out a pump you have to have something fairly believable to promote. What are they going to say: "Uh...as of August 1, 2012 Ai Systems hereby announces that it is going to start thinking about a product to sell. More to come." LMAO I still can't believe that you are trying to tell people that because the co didn't flat out lie in pr's that this is a good investment.
It is the lack of responses to legitimate questions to fantasy promoters that should be red flag warnings for potential investors...
Good for you magic. I don't think we will see 5's again. I am hoping for 6-7's now that I have settled funds. It will be interesting to see if we can break 001 tomorrow although I admit that would be quite a feat. If shorts were covering today, a break of 001 could get exciting....
let me ask you this.....(i will do caps since that works for you.) WHAT IF YOU DON'T HAVE ANYTHING TO PROMOTE? Have you considered that this is a shell without anything to pr? They have no deals (oh wait they did have failed rm's that they did promo), no product, no revenue, no projections....what could they possibly pr without completely lying??? wouldn't doing something like generating completely false pr's possibly incriminate someone? let's keep it real. you can't really say that because they were smart enough to not flat out purger themselves, we are all magically going to be rich. Can you???????
Maybe their plan was to sell stock.....I agree, they definitely had a plan.
I don't think that he actually cares who the merger candidate is either...His point is about the fact that the more people keep dreaming up mergers, the more ridiculous it gets.
Yes! Hoping that cat falls back tomorrow so I can buy more...lol
It honestly wouldn't surprise me to see a pullback tomorrow. I will capitalize if so, and if not....well we will just see! lol
Nah...I'm hoping for a retracement....I would like to pick up some 6's.
buyers came back and shorts started covering....IMO
volume + increase in pps = good for shareholders
volume + decrease in pps = bad for shareholders
Thanks, but why did you address this to me?
Can you please post proof of this....links, etc. Thanks!
I was asking if another poster could stipulate that anything (including a rm not happening) is possible. If so, then the statement that a "rs could never happen because there is going to be a rm..." doesn't hold water. In other words...I think it would make more sense to say "I hope a rm is going to happen because if not, a rs could be likely in order to continue funding the company."
I know that the intent here (supposedly) was to effect a rm. I am asking about what are the possibilites if this doesn't happen even if by no fault of the company. Seems to me that even the longest of longs here should consider this as a possiblity.
What if there is no RM? Then would a RS make sense? TIA
Oh yes...I for one certainly can't wait to get another "hint" from "the source". LMAO
Oh I see....well maybe we could get a "summary" from someone??????
I was still wondering if someone that got the email would be kind enough to post it here so the rest of us could read it....TIA
Ehhh...could someone post the email please so the rest of us could read it? TIA
No the L2 only shows the mm's with their bids and asks as I'm sure you know. there is no way to tell exactly which mm handled any given transaction by looking at the L2. You can tell however which mm seems to be wanting to accumulate or sell based on their position. For instance, it was NITE that came in late today with 16 million shares to sell at 7 and stayed there till close. Don't know if this answers your question or not.
I am not sure I understand your question Kevo...you want to know what market maker was used for the sales that went through at 5 and 6? I for one, do not know how to get that data....do you??? TIA
Wrong board to debate this stock...Suffice it to say, the average dollar volume traded on your stock there is less than $1,000 a day over the last many weeks....To me, that is no volume. But let's keep this board about ECDC. GLTA
Where do you see volume of 93 mill yesterday? TIA
Good to hear Northern....People definitely shouldn't put anything into penny stocks that they can't afford to lose. Most are truly lotto plays. What makes most of these a "scam" as many people like to say, is that fact that these companies have to dilute their own stock in order to generate revenue to survive. And when they do, it will almost always not be good for the pps. Every so often though, some of these companies actually begin to make a profit, strike a deal, have some new product/technology, or get bought out, and it can result in big gains for shareholders. I really tend to be more a technical trader, and look for signs in the charts to plot entry and exit points. In this stock's case, I missed what I thought was the bottom. GLTYS
Good luck with that one sir. That chart looks 10 times worse than this one!!!! Good luck getting out of it as well....there's no volume.
I agree that it COULD be a good time to buy at these levels. That is only IF this company is truly not going under, and is not going to continue diluting this thing into oblivion. Problem is there is really no way to know. I am long and am looking to average down at these levels, but I am waiting for a confirmed bottom (if there is one) before doing so.