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another reason to be patient comes from that video orion forwarded
actually no I don't think they will post financials until sales from ambassador are prominent enough so that ballas can cook the books to look appetizing. I'm guessing ….the second ambassador REALLY takes off...but more likely april-may.
Perhaps they are and still tied up legally (that's my thought)
perhaps they realize it wouldn't matter. at this point savvy investors know the name. They NEED to get newbs, the name change MIGHT help...it might not.
perhaps ballas really is an idiot POS who plans on reverse splitting WITH THE name change. with luck, that might actually have a 20% upside. after all, studies have shown that some newbs avoid total bargains and would more want to buy UBQU with 100M o/s at 1.00 than a dilution pig with 10B A/s at trip 1. so a RS might....might....God I hope might....NOT start to head right back down to penny. but I'm not fully experienced on Rses….with ballas' pet MMs and pumpers, you might find this thing have an initial explosive pop with ambassador, name change, R/s at the same time.
my other thought is hemplife will help in website searches, but wouldn't it make sense to have the product also named Hemplife? not sure.
my theory is that it isn't ballas personally there with an account to his name bidding at trip 1. could be his sister, his brother, a non relative he knows with a wink and a nod who is on skype with his other buddy MMs. all of it, if proven, would get them all in hot water, but very hard to prove. and indeed, a "supercheap share buyback program" would be a great way to keep UBQU from going bankrupt, and make a buttload once they let it go.
but...that implies they'll let it go. which makes sense. another reason to accumulate along with the MMs.
actually only reason to sell out at this very moment is if you really believe 0/1 is happening. if you've accumulated bigly and don't wanna risk further bathage, maybe bid 1-2 mil at trip 1 for the hell of it and wait it out. even once they ANNOUNCE RS, it'll take DAYS of trading to change everything over, you can panic sell then if you want, or just sell everything at market first day after the split.
at the moment this stock is so damaged, it's difficult to see how the pain (on paper) could get worse. only way would be if we were to really get ballas arrested and they halted trading.
don't know what you deleted orion but I like that youtube video you posted from ratfink.
I like what they said at the end "negative news happens with these OTC stocks, but you need to buy, close your eyes and walk away"
another reason why the general vibe of this stock is get it (at trip 1 maybe) but get it and NOT 0/1 is cuz at this time, anyone who honestly really honestly thought it was going there would sell NOW to close their stock at trip 1. 0/1 is a nightmare where you have to put your bailout on limit trip 1 and pray someone buys it.
anyone who isn't holding and coming in to predict 0/1 is either gloating or trying to get weak hands to sell THEM the 1s.
ya, Ballas is corrupt. given. Maybe this stock ain't CVSI and go dollar holla, given.
but 0010, likely, 0028 ...yeah, if you just buy, and walk away and check it out later..
penny?...if ambassador does even DECENT and Ballas actually catches up with the orders.
dollar?....if ambassador goes viral, if HMPL gets mentioned even closely to the way MJNA and CVSI was.
or perhaps MJNA or CVSI acquire Cannazall during that viral stage.
regardless, even if people tell us that sh'yeah this turd has a 1% chance of even getting back to 0030....well that's better odds than winning the lottery.
if there are weak hands there still thinking of selling out at this point....I'd be amazed.
is the o/s doesn't go past 4.9B, it is still possible the 100M of the 5B is "preferred" shares, that ballas would not be forced to dump.
but at this point, I'm like Jon Snow. I know nothing.
well keep in mind all.
only change from the last 1/2 bump just a few days ago was:
- bid was 800M, now it's 2billion
- ask was 30M or less....now it's around 200M (just the same amount dumped)
we still aren't 100% sure if future dumping will continue, I still have to hear how o/s changed, but I'd claim the 2billion on the ask shows a bottom, whether manipulated or not.
also there are a lot of peeps here, either haters or not, who want in.
I think they want in at 1.
of course this new guy who said he went from 33M to 66.6M shares....devils number eh?....ok well let's hope you are in that much.
what I'm saying is if you disgust sell now from a huge position, I don't think you are going to save yourself further pain....a higher probability you'll be kicking yourself even missing out on the 4s.
me? I was happy at the close of 3 from 2 yesterday, but my account is not that much better than it was 2 days ago. in fact, it's slightly better cuz the blue chips are coming back, but that's neither here nor there.
no need to sell out yet imo. 2s are yours if you want it (I put 1M on 2 today to sell, way late...it sold! so....first in first out my ass!)
1s...well I didn't get mine....that might be more 1st in 1st out.....but hey, 2billion bids can't be wrong. try to grab some.
how strong is ambassador? nobody knows, but we've had some accounts on this site that it WORKS....so far, more than you can say for cryptobuy and name change.
name change? I've been divorced twice. both times we were agreed on splitting the stuff. even with completely amicable courtroom action, each 'easy' dicvorce took 6 months. when Audioeye went to announce for reverse split then Nasdaq listing....easily 3 months from announce to happening, and it's not a pot company hampered by the FDA.
ya, depressing seeing 1/2 with 2B/230M....but I reiterate, predicting 85% upside, 15% downside.
GLTA
I still expect Q4 2018 earnings to be tepid. but if ballas has half a brain he won't have cash funneling into anything the true examiners would claim is BS...like "automobiles".
debt should be paid, and monies into "advertising/new projects" should be there.
now, Q1 2019 should be showing that 50K + of "revenues" from ambassador.
also, and I'm no expert here, but I would guess if ballas is moving more units, he had better have spent the money on new overhead required to move more units, more rented pot lands, more end labs converting that to cannazall, more shipping costs.
one of my biggest concerns is that if this thing explodes, with Humongous fungus orders....ballas wasn't planning on keeping up with explosive demand...so he'll have to sell out to a corporation geared up to go complete industrial revolution on production.
open to thoughts on that.
ROFL!...and...its gone
Smokey only mentioned it once, but if 0/1, according to smokey it gets registered on the Forbes no bid to 5 list.
Smokey has hinted this would be bad for Mr. Ballas especially if he is running a corrupt machine, as where the SEC usually puts OTC pennies on the far back burner for investigations....that kind of share devaluation moves you up in the queue of interest.
it could be another reason why there's 2B on the bid comes in goes out.
It could be a MM or ally of Ballas determined to see this never gets to no bid.
also in many of my screeds it makes little technical value for Ballas and MMs to go 0/1. How can you short a no bid? how can you dump, or even sell. and if you acquired shares at 1, selling them at best is 0 profit.
ya the non fuzzies happen each dump.
but
we've ticked back from 1/2 before.
presently the 2Billion bidder is back. Unless the O/S shoots past 5B into the 10B (ballas lied) Or they get the panic they are hoping for, then will said 2Billion bidder get filled. (or unless first in first out can be broken, which is also possible since OTC is the wild wild west)
but if none of those, no bid still on technicals is unlikely.
However, I am with you Usgirls….I get the non fuzzy feeling, to quote one of my favorite scientists, Dr. peter Venkman:
and
"HUMAN SACRIFICE, Dogs and cats living together, MASS HYSTERIA"
ok. perhaps I misstated.
regardless, if the o/s has moved past 5 billion, then it was UBQU/ballas dumping.
if not, it was a present shareholder that dumped the 200M.
it appears the fear worked.
I can't deny, the argument to break even on 2s and gtfo or take small losses selling into the 1s is tempting.
if that were the case, then all shares would have been dumped.
the report I trust is 4.9 B at this time.
some of the chart guys here get updates on A/S. sorry I forgot who it was but last report was 4.9 Billion. hence the big theories on 100M to go.
I'm going to wait to see if the A/S went up.
this could have been a whale MM selling down to a buddy to trip 1, hence the flip trip 2 scab cap. looking for 20 more K before bugging out once better chum in the water. also possibly trying to stir up fear, which happens every time this dump happens.
not saying the MMs are NOT ballas' friend and family, just saying this might not have come from the 5B shares.
Did the bid at trip 1 drop by an entire 200M?
also this could have been a large MM dumping, most theories were that there was only 100M left to dump.
regardless I hold that the MMs are in collusion, so yeah...ballas boo.
Regardless, we've been at 1/2 before. guaranteed 2s. maybe you'll get your 1s. if in back of the queue, doubtful.
I agree with you birdys poker is a better analogy.
before I spent time doing DD and checking message boards, I was more of a hog. when amazon was going crazy upward in 2017 I was like "this is pokemon go....gotta collect them all!"
if not big 5B more dump eventually we cartel longs will keep taking small bits from their churning.
the small bits add up.
lol, 12M accumulates at trip 2, and exactly 10M sells down to it.
I retract my hopeful wonder that MMs were done with this stock for a while.
none want at 3s,
barely any dumps to 1s, where a ton of bids want.
when a 2 shows up it gets sold.
is that typical Market making? or is the cap a mix of ballas trying to get the best he can for his 100M left plus a ton of 2 buyers hoping to sell and gtfo?
and it means someone, perhaps a MM, perhaps an ally of ballas, or perhaps even an investor, troll or non troll, who wants in, at 100K risk.
that's generally good
a whole billion moved to the bid at trip 1.
was there a coupla days back.
dunno if that's good or bad....scary tho
dilution pig
(sung to the tune of "spider pig" from the simpsons movie)
UBQU Pig, UBQU Pig,
does everything, a MM does,
does it swing, in share price?
no not yet, maybe at hemplife.
watch out, here comes the UBQU pig.
congrats Homebrewer welcome to the cartel.
but more importantly, congrats on doing a bang up advertising and marketing Job. I wish I had a fraction of the talent and ability to do sales.
if we get the viral event required to break the MMs and supposed corrupt locks on the share price, it will be in part due to efforts like yours.
UBQU!
sorry guys late business lunch west coast so I wasn't here to tick up to 3 on some cheesy 50K buy.
1/3 split...hmmm...oh well we've been at 1/2 before. still only apparently 100M to go
oh yeah, possible out of left field press release
Comrade Bernie sanders, says all penny pot stocks must be a minimum price of 0015,
"or I will go to James Ballas house...and rob him. where's my pudding. cup."
I forgot that SOB isn't Bastard...
I blew the landing!
I know nothing, James Ballas Snow....
only amendmendments to USgirl's answers:
is he a no good son of a bitch? No, his parents were married at the time.
Should he be put in jail? Not until we longs get our money back. then go for it.
I'm thinking the 50M cap at trip 2 was slid up to the trip 3....MMs finally realizing they don't need to squeeze so hard.
jAMES and the home ec teacher:
James: you see, when I dump 100M shares, I get money!
Home ec teacher: but, you get tiny money, 10K for 100M shares? your company does well, people like your product, why don't you increase earnings through sales?
James: Doing that! got a pyramid...I mean...Ambassador program and it's working!
Home ec teacher: good, then when you make more money from the company
James (interrupt) I DUMPT the last 100M shares!?
Home ec teacher: no, investors buy your super cheap stock, the share price goes up...maybe even 100 times to .01....then all the shares you kept are worth 10 TIMES. instead of getting 10K for dumping, you could get a whole million dollars for the 100M you haven't dumped yet.
James (looking back from the hopper, an empty bag labeled SHARES turned towards it) Wha?
Home ec teacher, hands on hips "James Andrew ballas, do you even KEEP any shares just in case the stock does well?"
James: sorry, I gotta go spend this 10 thousand dollars I just made!
if you see the bid at trip 2 start to raise past 100M...that would be a good sign that the MMs realize trip 1 ain't that viable.
a totally off the radar announcement:
James Ballas, CEO of UBQU, steps down for home economics teacher.
"it's been a fun run folks, but man, this new exec, she spends less than she earns, she pays the debt, and she balances balance sheets.
I'm totally amazed.
Note that press release contains forward looking statements such as "man", "totally" and "wow"
DON'T LOOk now but trip 3 ask
reminds me of a Bill cosby routine long before he was disgraced and doing stand up...his "Hofstra" routine.
and I took the ball....and I turned....and there was a hole.
RUN RUN said the fans.
but ….all my years as a running back for temple....I'd never seen a hole before...
100 mil shares left to dump (most common assumption)
assuming avg price trip 2 (assuming ballas wants to get better than trip 1 tho every last dump drove down the price) = $20K
what a real scam looks like and why it would be bad to put ballas in Jail.
I've mentioned CBIS a few times. I sold out years ago, bought back in a little to make a few hundred on their recent fake PR spike, where posters on their message board said "know it's a scam, but I'm here to ride the spikes"
Well, IIROC just halted trading on news with CBIS. the news that made me sell and decide to not hoarde was that Dabney, the CEO, was sitting in Canada awaiting fraud charges.
Don't know for sure yet, but it's possible the news is that Dabs is convicted and I'm sure a stock which , when it last filed its financials, said it spent 14 million and earned 14 thousand. it's "office" is a PO box and nobody could find a single product it sold. Regardless, it traded from 12 cents down to 3 cents then back up to 6.4 cents just before I sold and got out on that last little ride.
If I am right and it posts that dabs got convicted of fraud, you might see CBIS go bankrupt. I held exactly 2 shares just to track it.
UBQU isn't that. It makes a product, a good one, has real earnings, etc.
but my point is if the CEO even of a viable company were to get busted, short term, wouldn't be happy for investors.
then again lol, at trip1/2....how much further down can it go?
Just found what's going on at CBIS fascinating...might be my first time seeing a penny go out of trading cuz of a true scammer CEO
dunno what today holds. could move up slow, could churn at 1/2. could be a 2 accumulation day.
Good morning everyone, GLTA
agreed mike, so low panic selling now would not be smart.
Agreed 50K is nothing. I'm more impressed by how much happened at startup.
My theory is this thing won't take off until:
-viral event
-noobs get in
my point is my expectation for right off the bat was not selling 50K of product. I feel that ambassadors, who are motivated to move units for profit not share price, will move units
with said units being moved, back with my personal experience of people actually liking the product. you get word of mouth.
that with more and more ambassadors and positive word of mouth gives me the feeling you will get the viral even sooner than later
then once the viral event happens you get the 3rd party pump (example: Tilray's exec appears on cramer)
and then you get noobs coming in going buy buy buy
and then you'll see UBQU's stock price be more than should be even if it was a well run company (example, tilray), any Canadian pot company in early 2018.
and then you, me, the cartels, the MMs, ballas everyone will sell once it gets up to 20-50 cents and it'll crash right back down to .01 or less
at that point, it's up to ballas to see if he actually gets the product to fill the orders caused by the viral event, or if he returns to his unethical/illegal games (hopefully by then all the loyal longs have sold enough of their stake to be big green and playing with the houses money waiting for it to re-drop to a local low
or maybe if it gets big enough and ballas doesn't have enough rented pot lands or endo labs to make product, he sells out becomes a gozillionaire and this product which is still excellent gets managed by hopefully a good money managed company that buys it, and our shares get converted? (I don't know how that works when one company buys another. I sold my whole foods once it popped on PR that amazon was going to buy it)
doubt the 2-3 mil volume theory at 1/2.
if dilution appears over, and asks stay at 50M or less, you will see more of the cartel besides me snapping that up. and if dilution over, none of those naysayers and MMs got a lot of 1s to flip asking at 2.
I totally agree with you of the dilution of PR, even positive PR like 50K "revenue" on ambassador. also the dizzying dumping of shares right on with PR sends a signal they didn't want. but if dilution is "over" and if my theory is correct, it pretty much is that last 100M can be absorbed, you will see old blood starting to seriously hit the ask wall.
yes yes even I agree ballas is corrupt. but as we've posted here last Friday (smokey's posts and cartel members not mine) that ballas goes to jail would be bad. only people wanting to lose everything would want that. they'd halt trading, put the company under investigation etc.
Ballas stepping down for a real money nerd would be ok. but to be honest, to have ballas SCARED of going to jail a "scrooge" moment so he takes this company which IS profitable (referencing other actual ambassadors reporting positive sales, and my belief that this thing will go viral to DESPITE ballas crookedness) plus the 10% possibility hat ballas is now getting advice which could convince him and his crooked execs that he could become ridiculously rich from sales and management instead of doing stock price manipulation, is prevalent.
I still advocate having GTC at trip 1 (i'm doing this but I'm def in the 500M-800M back of the queue orders, and nibbling at the trip 2 wall, I pick up 20K at trip 1 every 100K order it seems on a downturn.
at this point, as I've hit again and again. I agree Ballas is corrupt. But even with that assumption, the stock price is so low now that many of the tools of a corrupt stock manipulation machine have run out. it gets more and more possible that letting this thing run even to a high trip mini pop without press is possible.
agreed, financials matter a lot. I expect ballas probably has no profit to show that's why he hasn't released. "tepid" is the word. Q4 2018 actually might be horrid because it was pre-ambassador. As I've said before If I was ballas and sales for Q1 2019 post ambassador were awesome....I'd actually pull what tons of crap pennies do and skip a quarter.
but with all being said, I can't contest that this stock is a POS. but as other longs and cartel members have hinted. we're in, and there's no reason to disgust sell and walk away yet.
if you want us to sell trying to help - thanks, we understand we're screwed but not yet.
if you are with us as a long lamenting - yes. no news sucks, financials Q4 2018 will be no help, but look on bright side we are already at 1/2 not much to watch on paper go down. Patience is the answer
if you are trying to get in at trip 1 - if you aren't in the front of the queue....you might not get any. if you are in the back of the queue and get it, you might not want what you get.
GLTA.
In other news, I spent 75 dollars on UBQU, but not 750,000 shares.
I bought four more CBD peppermint tinctures. Going to distribute to some users both who said they love the product and some new.
Not part of the ambassador program (no time to figure it out), but even as a gift, it's a good investment. 2 of the 4 I'm giving to already love the product and said they'd buy more on their own.
UBQU.
well yes, somany perhaps they are "humanitarians". now with hindsight, their calling for a drop being accurate is uncontestable.
except that the implied refutation that they aren't on the bid at trip 1 is still quite probable:
1- if they were they'd change the tone of their messages except saying "it's a POS the CEO is corrupt glad I sold out oh how sad boo hoo
2- they were accurate, because pennies tend to go down more than up, plus even though I learned the lesson later than former, it's pretty easy to predict failure in any stock in a rout crisis.
3- possibly they took a break, because it was Friday (ref my "3 day weekend theory from last week, which means you'll never find it on this board, it's already 938298 pages back) but still their return was forecasted, and indeed they came back today saying same old thing even lamenting that the trading was sooo light , therefore UBQU must be a POS.
trading was light today, "only" about 70M shares. very few trip 1 picked up. theories that 100M left to dump still to go.
obnly on dump days do we beat the average of about 200M shares.
actually, 70M shares without a dump or a panic scare isn't bad. accumulation at trip 2 beats a downturn into trip 1.
In fact, I've got a new theory. My assumptions are big ones, mostly the one that the other 5B dilute is "locked" for months to a year. but if it is:
- second 5B locked up, no RS near future, at best 100M to dump
- Ballas and MMs (either individual MMs or in collusion with ballas) make big time money dumping 200-400M, driving the price down to 1/2, making 100 dollars per mil at risk of only 100 dollars per millin
analysis: perhaps there is 100M to dump, perhaps there is not. without a doubt it's taken a longer frequency for a PR followed by a dump. been over a week. Perhaps the 100M is the "preferred shares" to which ballas is RETAINING. hence not the dump
but I'm sure everyone thinks that's a bunch of crap. but....say Ballas only has 100M left to dump.
bid is well over 100M now. ask floats between 30M to 50M. some MMs trying to churn....at best...5K but unsure exactly how many 1s are out there....all 50 mil? unsure. ask smokey and the chart guys. but I'm guessing no, so you've got a thinner veneer of short hands trying to make tiny lunch money or breakeven and gtfo.
so, with that being said, one component of the big win the corrupt ballas and the MM theory has lost is the ability to smash through the bid wall, fill the hands of the MMs bigly and keep the churn.
so if and only if Ballas has 100M left, odds are he WANTS to get it back to 3/4 if he's short term and greedy, or let it run back upward. the MMs if independent just want this thing to drop to trip 1 to get a cheap churn. another reason why the trolls might be back ebating the hate drum is cuz they want those 1s....and if there's only 100M worth of panic dumping left ….they might not get them. hence try to scare more hands.
also, with a 800M ask, if 100M dumps we are at trip 1, and a 100K buy to trip 2 for 40 bux won't make them their 10K dinner money fast.
with luck, the silent MMS (if they aren't the trolls who have been making bank here if they are) will get tired of hanging around hoping to get lunch money on a thinner trip 2 ask, are waiting for something else in the penny pot market to take off (again, not CVSi HEMPQ LXRP or KALY today) and off they go, then we see upward movement.
most likely at this point, Ballas and team got all the best they could hope for at the first 5B....and are holding, perhaps to dump later at a time to disappoint, but perhaps to make more than 10K at trip 1. eventually the asks will dry up and we might see a move up to 3/4...maybe higher.
or we'll get the 100M dump, and churn at 100M on the ask at trip 2 until it's chewed up. I'm guessing the longs not part of the trolls, MMs and ballas (I'll refer to them as 'the cartel') won't be panic selling yet....
Do not believe 20K trade (parts) are signals.
I can say today I bought two separate 100K buys to skim it up to trip 2.
I saw in both times 20K @ trip 1 , 80K at the rest.
I think its part of weird trades that happen when one buys and/or sells at market and limits set dead on the bids and asks.
day onlies have cleared.
good until cancelled: 8.3 mil ask at trip 2
484 mil at trip 1.
sorry whoever thought 2 billion at trip 1, that prolly won't happen until we get our next press release lol!
if ballas only has 100M to dump down, yes orion you are right, the first MM who set at trip 1....and through the chaos....maybe......another 200-300 M might churn over time.
if we get a nasty surprise and see those other 5B enter early....you might see more get some.
I can't imagine if it is an MM machine to stay only churning 100M....they make 10K whether it's 1/2 or 3/4...at this point they have the cash to force it up and keep retail buyers in the scare.
but overall, yeah, what you say supports my theory that at this point it will be let go to run at this point sooner than later.
50M on the trip 2 ask was removed at very end, maybe a retailer with second thoughts or a MM who realized no big dump today. maybe we'll retest 3s.
regardless, the retailer cartel (us for lack of a better word) don't appear to be panic selling into this decline. around 100M a day for the dilution pig is a slow day. at this time, it appears the best they can do without a dump panic is 10K a day.
eventually they'll find a better machine to play. 10K a day isn't bad....but some of these Jason bond types do much better when they find the next hot stock.
well that's what Jason himself brags when he sends me those e-mail ads. some days he makes 15K or more a day!
also noted a dearth of crap posters.
no in and out POS stock. RS for sure!
oh they'll be back, but I expected them today, instead we had a long discussion on real ways to look at the present spreads.
my theory on that is, those folks wanting it to drop to trip 1, they are on the bid....and just being patient at this point.
or....heck they know they've scared everyone on this board they were gonna scare.