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I warned people to stay away from this heavy diluting stock. I think it will either end red or even for the day. Pathetic.
Agreed. Just like yesterday.
I agree with you partially. I still believe some kind of trading group out there or somebody with deep pockets front loaded (it probably got leaked that news was coming) that caused the price to build before the news was actually released.
Nonetheless, unless more ground breaking news gets released, it just appears to be another company with a lot of debt and not enough revenue being generated. Therefore, it's just a diluting machine.
Take a look at P*ocket G*mes. Another company that created games on the app store, where it was pumped and then dumped. Too much competition out there for creating App games.
Now that amateur hour is over, it's heading further down. A combination of people exiting and diluting is severely hurting this stock. Notice how the original "pumpers" gradually and quietly exit this message board and move on to the next penny stock. Most of the time they operate in big trading groups. They do this over and over again.
Relentless selling and unlimited amount of shares being sold.
It all depends on whether there is more news or not to pump this stock again. I could see it dropping even more in the morning and might bounce back a little bit later in the day. The main pump and hype is over though until more news comes out.
Wow. People are going to pay tomorrow that did not sell out today!
Gap down tomorrow!
Wrong. This was way over hyped.
People got fooled today. A lot of people got caught with their pants down. This is like P*cket Games.
Get out why you can people. Bleeding continues tomorrow.
Told you folks. Look at my warning signs from this morning.
Yep. It's going to finish in the red.....
Agreed. This is going back red again.
The infamous head fake. It appears this one is losing bid support again, and clearly out of steam.
Not quite. Unlimited shares being sold. Remember, sell on news...
Quick head fake. Back down it goes. Bid support has disappeared....
Agreed. This was way OVERBOUGHT yesterday. Relentless selling today.
Absolutely no support for this stock right now. It got pumped up right before news today. Like the old saying goes, sell on news......
I have not been active on Ihub for quite some time. I just started noticing that volume is gradually (very slowly) coming back on this stock. This could be a sign of run in the future. There are definitely some decent buys coming in the past couple of months. I will definitely be keeping this one on my radar again as I could see it getting pumped to .001+.
Not a good time to be in stocks for the short term period. I suspect this will continue to drop for quite some time.
Possible low volume walk down as interest starts to dry up a little.
Today should confirm whether it was a head fake two days ago. I believe it's going to be another red day. Without lawsuit money, the company is not profitable.
It looks like a head fake to me. It could be another red day tomorrow......
Just as I've stated, trading groups still exiting.
I've been here since the days of FNMA, NTEK, MJ stocks, etc. This one is way over valued on hype. Share structure needs to be addressed first.
Amateur hour will bring this down much lower.
I suspect continued dumping as large trading groups exit this stock.
Wait for the volatility to slow down and then take a position.
Market cap is way too high at this price. Without lawsuit money, they cannot continue to sustain business.
A large trading group in Denver could potentially be dumping today. Large trading groups artificially pumped this from .0050 on up.
Big gap now between bid and ask. Bid a lot thinner...
Yes it had a good run, but it has topped out just about.
And like I said, UNTIL they get access to the cash from the lawsuit money, they will continue to dilute and most likely do a reverse split down the line. Share structure is awful currently.
Enjoy :)
Q report show this company is in major debt.
Current liabilities exceed current assets. That's with the cash from the Microsoft lawsuit included. They will continue to have to dilute.
Share structure is way over bloated! They will continue to dilute at certain times to keep the lights on until they get access to more cash from future lawsuits. Lawsuits could get hung up in court for months or years...
There are not many reviews on Amazon for this product. Not many people buy keystroke identity protection software. Most people don't even think of that when buying a desktop pc or smartphone. Unfortunately, sales show that in their financials. Unless they start winning more lawsuits soon, this will continue to lose money. Without lawsuits factored in, they operating at a loss quarter after quarter and the business will continue to have to dilute. Also, other tech companies such as Apple will develop their own in-house protection.
Not quite.
Disappointing Q report.