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I'll see what I can do. About to buy a few more to try and get us to 33
UTRM
As easily as it moves down, it will move up. Someone needs to take advantage of these prices and scoop up shares on the ask. Even when buying at the ask, this is still a bargain.
ILIV
I guess nobody likes gifts ;)
Trading has crawled almost to a halt, and there is no real buying or selling happening. I would have expected at least a little more than 200M in volume so far today. Let's see what PH looks like today, as it may dictate whether or not we have true reversal.
UTRM
"We also have advertisers already subscribed to the format change."
That means revenue. It doesn't say specifically how much, but it is certainly revenue.
UTRM
35s falling UTRM
Now is the time to average down if you are at a heavy loss.
UTRM
We also have advertisers already subscribed to the format change
Wtf just happened?? HUGE BUYS!!
UTRM
If you sell at a loss, you can't buy back for 30 days in the event this makes a run again. Otherwise, you can't write off your loss on taxes via the wash rule. May as well hold at this point.
UTRM
"Real time" news is a game changer if they can pull it off. Can't wait to see what that looks like.
UTRM
Where did you see that?
Want to know how UTRM will make money??
http://potnetwork.tv/alliance-insurance/
Most people here don't get it. It's not about the website. It will never be about the website. The whole "CNN of Pot" idea is nice, but the purpose of the website is to bring visitors and make them aware of the insurance. UTRM can make thousands a year through web ads, but they can make MILLIONS off the insurance arm.
Everyone is so worried about no videos today or about the length of videos. I firmly believe Chris is simply trying to build a website that is popular enough to attract eyes to the insurance offering.
No buying, no selling. Flippers are gone, people are afraid to buy because reversal isn't confirmed yet, and people can't sell if they have a substantial loss. Barring a significant PR, I'm guessing we should get comfortable at this price level because we will be here a while.
UTRM
Read this:
http://www.investopedia.com/articles/basics/03/030703.asp
A quick Google search will give you all the info you need.
One thing I truly hate is when a tiny run looks to be starting, and people run to their computers and phones to place sell orders on the ask. We are obviously beaten down here, why not let it run a bit before cashing out.
Oh well...
UTRM
Looks like heavy selling has stopped, and the volume is no where near last week's. It also looks like there isn't much on the ask. This looks like it has stabilized in this 28-30 range. A little buying pressure will get us to 35 easily, and a spark could really make UTRM move.
I really like the latest video. Felt like a real news segment. Keep it up!
UTRM
I guess nobody wants to make money anymore.
UTRM is a PERFECT opportunity to double from here if people would just see the obvious. Right now, the stock has dropped significantly over the last week. Harder drop than I have seen in a while. A lot of people have taken a bath and left with a loss, but many others (like myself) are just holding and waiting. Many are debating on averaging down, but are waiting for the bleeding to stop. Many are on the sidelines waiting for this to move back up, knowing that there is at least a strong bounce off the bottom. Many have sold out and are waiting to return to make up losses.
With so many potential buyers waiting to buy more, a few large hits on the ask could start a chase that would force people sitting on the fence to jump back in. I'm not saying this could go back to .01, but .007 is certainly doable. People are just waiting for a spark. Something that says "now is the time". Those who want to make some money this week and next should hit the ask now and watch the chase begin. All IMO.
When you see large bids, it's a sign to BUY not sell.
UTRM
There is always some dummy who throws up a big ask when a stock starts to run. Put smaller orders on the ask, folks, and don't kill the run.
UTRM
1) Announcement of share buyback or reduction in A/S
2) Phase 2 plans in DETAIL
3) Strong revenues or at least strong revenue projections based on existing deals
4) (short term spike) Association with a well known celebrity, be it an interview or a partnership
Any one of the above, IMO, should be enough to bring this to life.
UTRM
So much for bid support
Only way to break out of this funk is to attack the ask. MMs look to be holding it down, but that won't last long if you keep hitting the ask.
UTRM
I wonder why the ask doesn't change after a million shares hit it? Hmm...
UTRM
Just took out the 43s, 44s, and took a chuck out of 48. Thanks for the shares
ILIV
I can see UTRM's product. I see the videos posted every day, multiple times per day. I see the articles written on the site. That is more than I can say for 98% of penny stocks, where investors have to rely on the "word" of the CEO with their unaudited financials and no way to validate their PR claims. At the very least, I know Chris doesn't lie to us when he says videos are being produced every day, because I SEE THEM. Good enough for me to invest here.
UTRM
Except they seem to be reporting only on companies that are struggling, and showing them in a negative light. Not sure how well that will go with trying to attract advertising. I know they need to report objectively, but can they find a positive stock report, or has the MJ market been that bad lately?
UTRM
How can there be buys on the ask this morning if there is a chill? For those adamant that there is one, can you explain? It would be beneficial to those of us who don't know.
ILIV
"We now have a foundation for advertising and other revenue generating strategies." The OTHER to me implies that there are a multitude of revenue generating avenues. It does not mean only one. And if there are many, that means some could already be done and it builds the support foundation for other avenues.
UTRM
How does today's PR indicate that they don't have revenue generating deals yet? All he said was the website now has a foundation for advertisers and other revenue generation strategies. You build a foundation with content and, yes, previous deals in place. I don't see a contradiction.
UTRM
At least there is no gap to fill...
UTRM
You only "sell on news" when there is anticipated news that causes a run up in previous sessions. This wasn't expected and we had no run up, in fact were trading down heavily.
UTRM
Seriously?? GDSM is setting up their own pot-related website. They are COMPETING with UTRM for online advertising revenues. Why in the world would the CEO want to advertise on another competing website? AND THIS GETS STICKIED??
AWESOME news!!!! UTRM
Why would it? The site isn't even 10 days old yet. It's not like the website automatically gets top billing on search engines because they say they are a marijuana news site. They have to prove it first, and it ain't happening in 10 days. Type that search term in Google 4 months from now and see what happens.
UTRM
And no one wants to take a shot at taking them out? It would make for a great EOD reversal
UTRM
I'm done buying. Not enough people to help me out. I'm just going to sit on my 4 million shares and wait for my account to go green again. Hopefully soon. If there is a major run, I may help out again.
UTRM
For every 100 shares dropped on the bid, we need 100,000 slap the ask. Otherwise, this game goes on forever.
ILIV