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Disher you gotta refresh your twitter feed and email! Wouldn't be surprised if our update came in email or twitter form rather than press release. this is analyst day/conference season, CEOs like to update shareholders in meetings and presentations. Ken sort of doing something similar for us. Awesome trading last few days going into the update, the chop Definitely leaves room for an upside reaction.
That's just the freaking spread, no big deal .0033 vs .0036, same thing.. Slight pullback ahead of the news is just a perfect setup, churn last couple days so minor given the run from .001ish, insanely bullish how well we have held up and instant buying on 20dma support intraday just confirms. The sell the news crowd is exiting now, leaving this in perfect shape for takeoff come Thursday. Exciting times
Hemp seems to like the deal with re-load, stock up 15pct...low volume but still, love that this news wasn't released today under the clnp ticker, shows ken not a pumper but is indeed about building the company and working hard behind the scenes getting deals done.
Stec CEO stepped down now, what's going on sdd space
.0029 is support from uptrend line and 20dma, looking like successful test and absolute low risk spot to buy ahead of the pr. This is perfect trading into the news, news definitely not priced in, very exciting. Truth be told, if we hit .005 ahead of the news I would have shaved a touch, instead I'm looking to add more. Soros baby, breaking the bank of England type trade....
Ideal trading ahead of the pr. The churn ahead of the pr is setting us up perfect for a upside explosion post pr. Today's bonus pr from hemp also shows us two things 1) that any selling of news will indeed be shallow , and 2) ken has been hard at work building this company. No doubt today's news will be a part of the 9/20 presser so if guys are front running the selling, all they can muster is a 10-15pct pullback on quiet volume. That's nothing given the run, it's basically the spread. Best part of today's pr is giving re-load credibility. 7 years on market and broad southern distribution network. Bargain right here.
Agree, I'm sure it will be mentioned Thursday but this is a sweet early bonus and proves 1) re-load legitimacy and 2) ken Lewis hard at work. But seems Thursday will also have rev projections, NASCAR update, etc...
This news gives re-load legitimacy, CEO of hemp says re-load been around for over 7 years and helps improve their distribution. Ken Lewis not even pumping this under clnp news, gotta love him working hard behind scenes building the company and making things happen. Might be a big big day today.
Great find man, this is awesome, ken is a magician getting these deals done.
Profit taking ahead of pr bodes well for an upside reaction post pr. Todays churn is good, last thing we want is a parabolic move into the pr then a selloff day of that top ticks the stock. Looking good.
Was speaking with a smart tech hedgie who said race to manage worse between Stec and ocz in the ssd space but ocz was more attractive as best buyout candidate as lsi and mrvl are too big. Just gotta keep buying dips in this and 1) hope to get lucky on a takeout or 2) get some real management in here to unlock the value and lead a comeback. Forcing CEO out could be a step towards both
CEO managed company into the ground, this is a positive IMO, would think it rallies off the gap down
Is there a better play right now in the OTC? True organic volume buying (no promotions whatsoever) and just an absolute strong chart that has moved into unchartered waters. The best part is that we are strong, but the price hasn't gotten ahead of itself and we do not have the look of climatic buying, not by a longshot. Further, the stock is stupid cheap still at 1.5x revenues. Energy drink companies trade at 4x revenues and that puts us at .015 per share conservative base case. So many catalysts on the come it's just absurd and a transparent CEO who has stated no dilution. Opportunities like this are rare, if you are staring a 10 bagger in the face, do you bet small or do you bet big. I'm thinking George soros breaking the bank of England. This is not the play for beer money. Congrats gentlemen $clnp
Head n shoulders destroyed. A couple weeks ago, Cmgo was developing a head n shoulders pattern that no doubt brought some selling and shorting. Today's near perfect breakout of the 3 cent range (highest volume in a month yet not climatic, great base not a b/o following a long sustained rally) renders that head n shoulder pattern a complete and utter failure. This should lead to a swift and violent move to the upside. When an obvious chart pattern fails, the move in the opposite direction is unrelenting as the herd scrambles to exit their losing position. Surprise the reaction to last weeks 8-k took so long but then again, OTC doesn't attract the most efficient market players. We've got a great group here, congrats gentlemen $cmgo
This is no headfake breakout of 3c. Volume was huge on the buying and it followed through, there was no immediate pullback. Further we have a 2 month base, and the 200dma test and subsequent clearing of the 20/50dmas strongly suggests a move to new highs (.045)...with two awesome catalysts in the bag, this 3 cent buyer is going to be happy.
Wow someone ate all the 3cents like it was On a fire sale. Bodes extremely well for a clean breakout and move to 4.5
I think if we closed here it would be a fine day. Slow and steady if one considers 10pct slow haha is just fine. Overnight time consolidation to bust a move above .0035 wouldn't be a horrid scenario :) .... Thanks again MVP, u pretty much put this on the map early.
Would expect a bit of churn here under the 3 cent level after our nice move last couple days, perfectly normal healthy and bullish. Will make the 3c breakout that much stronger as we approach the .045 highs with 2 strong catalysts in the holster. A great 10q as suggested by last weeks awesome 8k and the stock divvy in October. Judging by some posts fergus had put up regarding ae and govt websites, we're looking to be in fine shape regarding ae valuation and with a CEO in Nathaniel Bradley who can certainly navigate small companies like this. Augt would be a mega cap in OTC land.
.0035 will go down pretty easy. It doesn't represent a fundamental value (.015 is our base cAse at 4x revenues) and it no longer represents the 200dma. I know some of you using stockcharts free web charting see .0004 but my paid service is clearly showing the 200dma at .0029 now from .0035 2 weeks ago. Regardless, the beer money sellers at .0035 will be overwhelmed by those knowing the stock is stoopid cheap here from a market cap standpoint and serious wealth can be created for those who hold. You don't get a fast growing company this cheap often in life, when u do u gotta go big like soros when he busted the bank of England. $clnp
Failure to break below the 200dma and subsequent clearing of the 20 and 50's strongly indicates a move back to the highs (.045)...getting through .03 is our last step. With the recent 8k indicating stronger than forecast growth at their main revenue driver xa, and the stock divvy fast approaching, would seem that patience for us longs over the past 2 months is set to pay off.
.03 is last stop between here and .045...clearing the 20/50 dmas yesterday was big and looking like the launching point for our next run following 2 months of tough consolidation. Let's do this
Heck yeah I am now a NASCAR fan baby! Reload going round and round awesome
I use Tradestation for my data, more accurate than stock charts IMO. I can save a chart as a picture file, can I upload it from there? Let me know how
I'm clearly getting .0029 as the 200 sma, are you using ema? My data is likely accurate as my 200 dma has been acting as resistance for two week (.0035 then .003). Sma is more common place to use than ema
Clnp closes above the 200dma (.0029) for first time with ken Lewis at the helm. 200dma been a pain in the butt last couple weeks so it's nice to finally close above it. Should be a nice launch point for another move higher. Let's do this.
Cmgo closes above the 20 and 50 dmas, I think that led to some of our buying today. 20dma been a pain in our rear since mid August, nice to have the all clear now.
What's to worry about q? They Just filed an 8-k stating reason for delay and that we won't be disappointed, at a minimum xa sales are stronger than forecast and that's the main revenue driver.
Yeah 2-3 days consolidation post big run last week is bullish and normal. Love that we aren't getting too ahead of ourselves into the pr. That means the pr won't be a sell the news event but rather and explosion. We still have NASCAR and audited financials and product pictures on the come. So many future catalysts.
Audited financials coming even huger.
The 200 dma does not represent a fundamental valuation level, we know the base case valuation level to be at least .015 based on conservative 4x revenues (using conservative 125k monthly run rate). So it is resistance, but just for short term traders to find a place to take profits, which is fine. After a strong 2 day run, we basically closed flat (small markdown last tick of day). Thats bullish action IMO. Great tweets from CEO today, this is such a bargain here. Truth be told, this seems like the best setup in penny land, technically and fundamentally. Exciting, I know we want it all now, but controlled movements higher lead to longer lasting runs.
Awesome, this should help ae valuation during the pre ipo process
Yup great demand and product, management needs to get their darn act together. Still a great investment down here even without the buyout option
Yup! I believe the 200dma is resistance so expect .003 to go down then .0035 will be a formality. Let's do this!
.0035 is a mere formality once .003 goes down as .0035 represented the 200 dma last week, now the 200 dma is .003. So breaking the 200dma is more important than say .0035 because of what .0035 represented.
With a weekend of digestion (time consolidation not price) expect .003 to go down hard.
Clnp blue delta recruiter link:
http://epage.com/js/mi/4389441.html
This is no phantom product
Hey cp, clnp signed a distribution agreement with blue delta alkaline water to be their distributor in 45 states. It's the official drink of the tennis channel and has potential to be the next big fad in America. This is seperate from their re-load energy and wellness products which will be sponsored on NASCAR 08 car on october 12. The alki water is an awesome free call option. Love that there is no paid promotion on the stock, making it legit. CEO had promised no dilution, float just 400m making the market cap about 1m...cheap and trading at 1x revenue where 4x revenue for a energy drink company is normal (mnst)
The news has to be great and a surprise, this news was forecasted a week in advance and was nothing special. Shady dilution IMO but obviously I have no proof.
Agree this company is diluting. Everyone knew the pr was coming, especially when extreme picks started alerting a week In advance. Companies just use them to generate volume to sell into. The presser itself was nothing new, and they are still only in the home depot online store from what I gather. Either way, a negative reaction on supposed good news and with no rally leading into that news either (no profit taking excuse) just doesn't seem to be promising.
Well said bro
Definitely can go higher than .015 but at a minimum based on current projections a real case can be made that this should trade at .015. (4x revenues in line with monster) We haven't even scratched the surface of blue delta alkaline water revenues which could be the next big fad in America, especially if athletes keep drinking it. Already huge in Asia and look at how well Asian women age. Massive free call option there for clnp shareholders.