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I'd post a comment on their FB page, but that would mean I'd have to "like" their page first. I'm just not willing to do that.
QASP I'm back in; got in today. I was in a few weeks ago but got out once I realized the share price was on a down trend and would be dropping for a while. I realized a slight loss, but now, with there being a much lower entry point, I was able to acquire 4x my original position.
I finally had a chance to listen to the CC today! It became immediately obvious to me that between the CC, the stopping of the recent down trend, jump in volume for the last few days (not to mention much larger average trade size) and raise in share price that the deal is signed. We're now just waiting for a formal announcement.
I mean, realize that the last time QASP was at this share price, besides screaming up through it for about a moment in March, was last August. There's no technical basis for support at the current price to justify a reversal other than the deal was signed. This is just my opinion.
The CEO mentioned on the CC that the deal would sign this week and would be announce the following week. So with this blatant change in stock movement I'd say the deal got signed. This is such a no brain-er. GLTA
The company that got hit this morning, FaRTeD. I was in that for a while but dumped for small loss due to me losing confidence in the CEO. Supposed shipments never reported as having been delivered, along with other claims in PR's that seemed just too good to be true.
In comparison, this company KNSC, in my opinion, has not been making false claims. That's about all it comes down to as far as the SEC is concerned.
It's hard to say if this means news soon or not. With over 700 confirmed players on SS1's spreadsheet, and over 2000 followers of MINE's Twitter page, and with three consecutive spinning top candles in the last 3 days, there's just been a whole lot of folks waiting to see what this stock was going to do. Now we have a very strong buying spree, many folks are saying: "Ok, this is it" and are increasing their position.
Volume is picking up nicely and if it stays this steady, then we'll be sure to give the resistance at the .019 - .0205 area a solid blow. We're almost there with the current HOD of .0188. We can get through that with another 40-50 million shares or so.
The big question remains, is today going to be like 4/16 or like 4/9? Volume will tell the story.
Great day so far, I'm hoping for a close of at least .0195 with 150-175 mil in volume.
NICE!!!
Moving up nicely at the moment.
Breakout!
Hey, I think I finally figured out what "POS" stands for!! "Price of Shares!" Right? I mean, I've seen it used so many times on so many boards! LOL
That's about as true a statement as anyone could make. If you've ever had to deal with any government agency, then you know their "motto" is "Hurry up and wait". Me thinks the common attribute between all of these folks is the idea of "Being in the business to annoy" as opposed to actually wanting to help anyone for the sake of "improving" their lives. If you've ever had to call up the IRS or dept of Social Security, then you know it's impossible to find the answer to questions like: "So who was the person that made the decision about my case, I'd like to talk to him."
In agencies like these, most of the decisions made are generally bad news to the person involved. The people making the decisions are generally happiest when the news given out is the worst. And when asked, it's always "someone else" who made the decision. These types of folks depend their continued survival upon remaining hidden at all times. They even invent policy to help them with this. Why? Because their cowards.
Getting the chill removed is a major milestone. It will be down hill from here. Next, we want to see the website become active; that should allow for an eventual revenue stream through advertising. Next we'll want to see them post a new CEO. We'll want to hear about their successes regarding the share reduction connected with their past management and if there will be any court proceedings. But expect this point to drag on and on. AND we'll absolutely want to hear about any acquisition or merger news for sure, but I think we'll hear about a new CEO before this.
It may take some time, but bit by bit shareholders will eventually give them the confidence they deserve. At the moment I'm holding with an average of around .0008. So of course I have an interest in seeing this company do well. The only thing that kept me here were the tweets. And don't expect PR's every other day. That's not this company's MO. I'd much rather see a slow steady increase in SP than random spikes that fizzle out after a day or so. I think we're off to a good start. That's about it for now, have a nice day.
Maybe! It just depends on public response. Personally, I think we're in the right place at the right time. KNSC
Well I just happen to have a nice big box of prunes for both of you!
Insider buying has always been and always will be one of the most premium indicators of where management really thinks the company is going. And the more the better. But I'd also like to point out that on the form 4 under the "Nature of Indirect Beneficial Ownership (Instr. 4)" section it said: "Vanis Education Trust". Go ahead and draw your on conclusions, but as a proud grandparent there's nothing I wouldn't do for my daughter. The point being, there's no natural personal drive that's stronger in a sane person than the drive towards the constant survival of one's own children. This being said, I'd say Mr. Vanis is more then just "money" motivated with regard to the success of his company; more than even "duty" motivated.
It's obvious to me that Mr. Vanis has his personal life, family and business in order. And now he's producing vitamin water; a product that will have qualities that aid the survival of mankind. I'd be willing to bet they have pets at home. And all I'm trying to say is the man has obvious integrity and character.
Correction of my last post... I said "share buyback". That's not true. What is true: "the new management has placed the ex-management on notice specifically Ex CEO Mr Ken Glynn that it intends to take certain legal action regarding the above and other matters. In summary, new management is attempting to recover and reduce the shares outstanding between 220 million to as much 1 billion shares."
Also: "Again as this is worth repeating, as there are no plans of any dilution or toxic financing by the current management of its position. Share Structure Market Value1 $1,565,243 a/o May 20, 2014 Shares Outstanding 5,217,475,719 a/o Sep 01, 2013 Float 3,017,475,719 a/o Jul 03, 2013 Authorized Shares 10,000,000,000 a/o Jun 25, 2013"
Also, plans are back under way to hire a new CEO now that the chill is removed. Here's the quote: "Many shareholders have associated KNSC China address to a LED type Information Technology China based company, and are inquiring as to the relationship of that Company (which is also a public company subsidiary) to KNSC. In summary this China entity is desirous to bring their technology into KNSC and also solve KNSC new CEO search as previously announced. Those plans stalled with the DTCC chill. Now that the DTCC chill has been removed this again will be revisited.
Their website "Stoned Pilots" quote: With this DTCC issue now behind KNSC this paves the way for the launch of long anticipated Stoned Pilots.Com marijuana based portal the Company has been working on for almost a year. Plans for the portal launch are imminent.
And last but not least, KNSC tweet of 5 hrs ago: "$KNSC analyst predict a 5c per share valuation based on the executed disclosed plan."
I got the word out... a little. I sent out a few tweets. The Wolfofweedstreet gave me a fav, another friend, a guy with a 125,000 following gave a retweet to a post with the news link, so folks are finding out. But people are so much more cautious today than 2 months ago. And that actually may be GOOD! I'd much prefer a gradual steady incline than a bunch of spikes and dips.
Well we got a glimpse of the 6's today; first time in two weeks. And we haven't seen volume like this in over a month. We'll need about 3 - 4 billion shares to trade in the next few days if we're going to get back up to our previous high of .0018, as most of those folks left holding the bag from April will most likely want to unload.
Getting through .0006 will be the "order of the day" tomorrow. 7 - 800 million shares traded should do it. Then we'll breeze through 7, get a little friction at 8; but the real test will be the .0009's. It's gonna take 1.5-2 billion shares trading hands to get through those.
Now for a little recap:
Company announce deal in the works with a major hemp producer in China.
Company announced no dilution nor r/s.
Company announced tentative share buy back
Company announced halting 1 Billion share dilution by ex CEO.
The company seems to be keeping their word. They also reported an update regarding their website. Check my earlier posts for complete news copy or link to actual news release.
Important note: Today's news did NOT show up on my TDA account, so it's not on the major wire yet.
As always, do your own DD. GLTU Go KNSC.
KNSC EXPLODES WITH GREAT OFFICIAL NEWS!! [ACCESSWIRE]
Beijing, China / ACCESSWIRE / May 21, 2014 / Kenergy Scientific Inc (KNSC) www.knsc.info https://twitter.com/knsc2 (The Company), an innovative media marketing services company, is pleased to announce that the Company has successfully completed the compliance requirements with the Depository Trust & Clearing Corporation ("DTCC") and as of May 19, 2014, the DTCC's "Administrative Chill" on placed upon KNSC security has been removed Shareholders who had experienced difficulty or additional costs when depositing the Company's shares manually are now able to have their shares deposited electronically in street name.
DTCC has resolved all issues and cleared the Company to resume accepting deposits of the Company's common stock for book entry transfer services. All deposit restriction chills have been removed and the Company is now once again fully "DTCC Eligible". The re-instatement of the DTC depository services is an instrumental and enormous accomplishment for KNSC. For further information, please refer to your individual brokers concerning their respective policy modifications due to the lifting of the DTCC "Chill". KNSC is mindful that many of its long term shareholders are eager to find out any future plans to that would result in the increase shareholder values.
The management is pleased to provide the disclosure of the 5 step plan.
1. With this DTCC issue now behind KNSC this paves the way for the launch of long anticipated Stoned Pilots.Com marijuana based portal the Company has been working on for almost a year. Plans for the portal launch are imminent.
2. Many shareholders have associated KNSC China address to a LED type Information Technology China based company, and are inquiring as to the relationship of that Company (which is also a public company subsidiary) to KNSC. In summary this China entity is desirous to bring their technology into KNSC and also solve KNSC new CEO search as previously announced. Those plans stalled with the DTCC chill. Now that the DTCC chill has been removed this again will be revisited.
3. Company agents are again in China discussing with one of Chinas largest Hemp producers for a cooperation plan that would dovetail their business model with that of KNSC. Obviously these plans are pari passu with the aforementioned LED China / new CEO stakeholder deal. KNSC share structure remains unchanged and undisturbed since the new management took over in 2013. See http://www.otcmarkets.com/stock/KNSC/quote
Again as this is worth repeating, as there are no plans of any dilution or toxic financing by the current management of its position. Share Structure Market Value1 $1,565,243 a/o May 20, 2014 Shares Outstanding 5,217,475,719 a/o Sep 01, 2013 Float 3,017,475,719 a/o Jul 03, 2013 Authorized Shares 10,000,000,000 a/o Jun 25, 2013
4.New KNSC Management has been successful in blocking close to a billion shares from entering the market fromquestionable toxic financier's the ex-management engaged with.
5.Regarding aforementioned item #4 the new management has placed the ex-management on notice specifically Ex CEO Mr Ken Glynn that it intends to take certain legal action regarding the above and other matters. In summary, new management is attempting to recover and reduce the shares outstanding between 220 million to as much 1 billion shares.
KNSC management is using this opportunity to advise its followers that certain information posted on OTC Markets is inaccurate, such as some management names and the line of business KNSC is engaged in. KNSC is not engaged in "as a holdco with interests in Forex Options and Options trading and Operates on line properties". Rather the Company is a holdco of several Media operations such as "Stoned Pilots and Sparx Business Media". KNSC has notified OTC Markets of this error on several occasions, however it appears the old deleted data has been repopulating this web site and displaying in the public domain.
The management is of the opinion that either one or as planned all 5 aforementioned corporate actions will have a significant positive valuation of KNSC security.
Future developments, events and news releases will follow on a timely basis.
Find us on https://twitter.com/knsc2
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Kenergy Scientific, Inc.
Investor Relations
corporate@knsc.info
SOURCE: Kenergy Scientific, Inc
NEWS!! read copy here 05/21/2014 [ACCESSWIRE]
Beijing, China / ACCESSWIRE / May 21, 2014 / Kenergy Scientific Inc (KNSC) www.knsc.info https://twitter.com/knsc2 (The Company), an innovative media marketing services company, is pleased to announce that the Company has successfully completed the compliance requirements with the Depository Trust & Clearing Corporation ("DTCC") and as of May 19, 2014, the DTCC's "Administrative Chill" on placed upon KNSC security has been removed Shareholders who had experienced difficulty or additional costs when depositing the Company's shares manually are now able to have their shares deposited electronically in street name.
DTCC has resolved all issues and cleared the Company to resume accepting deposits of the Company's common stock for book entry transfer services. All deposit restriction chills have been removed and the Company is now once again fully "DTCC Eligible". The re-instatement of the DTC depository services is an instrumental and enormous accomplishment for KNSC. For further information, please refer to your individual brokers concerning their respective policy modifications due to the lifting of the DTCC "Chill". KNSC is mindful that many of its long term shareholders are eager to find out any future plans to that would result in the increase shareholder values.
The management is pleased to provide the disclosure of the 5 step plan.
1. With this DTCC issue now behind KNSC this paves the way for the launch of long anticipated Stoned Pilots.Com marijuana based portal the Company has been working on for almost a year. Plans for the portal launch are imminent.
2. Many shareholders have associated KNSC China address to a LED type Information Technology China based company, and are inquiring as to the relationship of that Company (which is also a public company subsidiary) to KNSC. In summary this China entity is desirous to bring their technology into KNSC and also solve KNSC new CEO search as previously announced. Those plans stalled with the DTCC chill. Now that the DTCC chill has been removed this again will be revisited.
3. Company agents are again in China discussing with one of Chinas largest Hemp producers for a cooperation plan that would dovetail their business model with that of KNSC. Obviously these plans are pari passu with the aforementioned LED China / new CEO stakeholder deal. KNSC share structure remains unchanged and undisturbed since the new management took over in 2013. See http://www.otcmarkets.com/stock/KNSC/quote
Again as this is worth repeating, as there are no plans of any dilution or toxic financing by the current management of its position. Share Structure Market Value1 $1,565,243 a/o May 20, 2014 Shares Outstanding 5,217,475,719 a/o Sep 01, 2013 Float 3,017,475,719 a/o Jul 03, 2013 Authorized Shares 10,000,000,000 a/o Jun 25, 2013
4.New KNSC Management has been successful in blocking close to a billion shares from entering the market fromquestionable toxic financier's the ex-management engaged with.
5.Regarding aforementioned item #4 the new management has placed the ex-management on notice specifically Ex CEO Mr Ken Glynn that it intends to take certain legal action regarding the above and other matters. In summary, new management is attempting to recover and reduce the shares outstanding between 220 million to as much 1 billion shares.
KNSC management is using this opportunity to advise its followers that certain information posted on OTC Markets is inaccurate, such as some management names and the line of business KNSC is engaged in. KNSC is not engaged in "as a holdco with interests in Forex Options and Options trading and Operates on line properties". Rather the Company is a holdco of several Media operations such as "Stoned Pilots and Sparx Business Media". KNSC has notified OTC Markets of this error on several occasions, however it appears the old deleted data has been repopulating this web site and displaying in the public domain.
The management is of the opinion that either one or as planned all 5 aforementioned corporate actions will have a significant positive valuation of KNSC security.
Future developments, events and news releases will follow on a timely basis.
Find us on https://twitter.com/knsc2
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Kenergy Scientific, Inc.
Investor Relations
corporate@knsc.info
SOURCE: Kenergy Scientific, Inc
Share reduction of 250Million to 1 Billion Shares planned.
Official news!!NEWS
I just saw the tweets! .0005's gone, 6's getting slapped... 5's back, I don't think they'll be there long. Nice spike in volume. Anyone posting this on the breakout boards?
So would I, I'd like to see it go green too. I guess we'll see! Have a good day and thanks much for you reply.
Sir! Thanks for reading. What you say is true. If I'd spent more time listening to myself on my own one day time frame TA than sweating out down ticks on the 1 minute I'd have about 3 times my current shares! I do forget what I figure out (if that makes any sense) constantly. Maybe it's my age. You might have guessed by the tie I'm wearing in my pic that I'm a musician. Well, even at 62 I don't consider myself that old. But I can tell you one sure way I can tell I'm getting older, is when members of the audience start bringing oxygen tanks to our shows!
Tech analysis for MINE 5/19/14
We hit the .011 - .012 band of support today, LOD @ .012. We were at this on 4 previous dates: 4/16, 4/14, 4/08 and again way back on 3/19 on our initial incline.
On 3/19, LOD = .0122, vol was 328M. The SP continued to ascend for 4 days.
On 4/14, volume was 54 million. The SP fell a little more the next day.
On 4/15, the SP hit LOD of .0085. Volume was 280 million, the Fast Stochastic (14,3) was at about 10 when the K crossed the D and the LOD drove down passed the lower Bollinger band. The candle for that day looked more like a spinning top then anything else, which would normally indicate indecision, but when added to the candle of the previous day it looks more like a hammer. (See Candle Chart Reading for reference: Blending Candles)
All of these signals, LOD crossed Lower BB, FS crossing at 10 and turning up, Hammer candle (blended) accompanied by strong volume took us into a reversal.
The next day, LOD was tested again @ .0116 after a gapped up open. Volume was 160M, a little over half of the day before, the reversal ran for 7 more days.
Today, there are several good indicators of a reversal. LOD crossed the lower BB, FS %K crossed %D @ about 6 the day before, and the candle is a nice hammer, even when blended with the candle from the day before AND the day before that. The Bears drove the price down in the morning and the Bulls fought hard to almost close green. The only thing missing is massive volume.
Other interesting stats: During the initial run up, starting when the SP really started to take off (3/17-3/25), over 2.2 billion shares traded within a 4 cent range (.005 - .045). During this last 9 day run (4/15 – 4/28), the volume was only about 1.2 billion during its 3 cent range with about 30% of it trading on the first day. So it’s definitely looking like it’s not taking nearly as much volume to keep the price up.
The last time we had this much volume was on 5/8, the fourth day of a price decline. It hit 180M, over twice the volume of the day before. During the next few days the SP bumped up a little but stayed around .023 before starting into its current decline.
MINE broke through the .015-.0153 band of resistance (established by LODs 4/7, 4/10, 5/16) and closed today at .0156. Hopefully this band will now act as support. The next level of resistance is .0161-.0164. (established by LODs 5/8, 5/9) MINE’s HOD of .0163 today got well into this range but got pushed back down a little, but stayed above the support level mentioned earlier. The next level of resistance, set by 2 dates, is .0179-.018. But the mother of resistance is the .021 - .022 range, as this range acted as either resistance or support for 7 trading from the last few weeks.
I suppose I can make an “educated” guess to what I think will happen as far as ranges well see in the next few days. I got really close on my last one, just a few posts ago and easy to find if you go to my posts for this board. I mean really, I almost nailed it, but for different reasons. Last week I predicted the price would eventually have to cross the lower BB, which it did today, before we’d see a reversal.
This brings another thing I want to point out about the chart that I recently noticed (10 minutes ago). Look at a daily chart and follow me on this. On 4/1, the price started a slow, steady decline. Volume had dropped way off from recent days. It wasn’t until the 5th day of the decline that it took a harder dive, and on much more volume. Then it bounced on 4/8, peaked on 4/10 and fell some more until it bottomed on 4/15. From 4/1-15, from the HOD to the LOD, the price fell 3 cents across 11 trading days, for an average of just under .003/day. Now every MM and flipper in the world is hep to MINE. Now look at 4/29! After a 9 day run, 312million shares traded across a H & L of the day of over a one and a half cents. It corrected a little on 5/1 then went into a gradual decline. From 5/1 – Today, there is, from 5/1’s HOD to today’s LOD, only .0164 cents difference across 13 trading days, or .0012 cents per day. I think this last decline was just too gradual to cause a strong bounce or reversal.
Without news, and being our friend Mr. Rotondo said on today’s post #149448 that there will be no news this week, I think in the next day or so, we’ll see a HOD of the next resistance around .018, but by Friday we’ll be testing .011-2 again and we’ll see a LOD somewhere just below a penny, around .0088 (support established on 4/15) or so. We won’t stay there and we’ll recover. But without news, and without all of us getting out and telling our friends about MINE (which I don’t particularly recommend) then there’s no gas to increase the SP any higher than it’s been.
But when news does come out, and if it’s what I think it will be, then we’ll make what FRTD did today look like an eviction. I guess I could have stated all this at the beginning by simply saying: “I think it’s a gonna go up, then it’s a gonna go down!” and by doing so would have saved you lots of reading, but now you know I at least put a few hours of thought into this. Good luck, have a great evening, see you tomorrow. BTW, everything I learned about TA i got from just watching the Claytrader these last few weeks. It seems pretty easy actually once you get the hang of it.
You have a good point. But simply because this guy's already done a lot of preliminary stuff, like create a name, design the label (which by the way I think rocks), create an award history as well as already having a test market.
All one would have to consider is the expense to create a new brand and all that goes along with that, plus the risk of not actually creating a winner, and weigh that against how much more the company would make if their new creation is a winner, against how much they'd make using another company's. I don't have the time to try to work all that out, but I'm sure there are at least one of two folks around here with that savvy who don't have much else to do. I also think if the numbers worked out, and someone had the initiative to make an introduction between the two companies and become a mediator, than that person could probably make about 5% on the deal. That might be worth thinking about to someone.
"Top Shelf Brands Holdings Corp" not the same as "Top Shelf Distributing Co"? I'm pretty sure they're different companies. I noticed yesterday that ASCC, Aristocrat Group, a company that deals with RWB Vodka has a subsidiary company with a similar name. Then I got to thinking that perhaps TEMN might be looking for acquisitions and thought ASCC might be a good prospect. It's a small company but is pushing a single product that has been winning gold medals and many other awards in international competitions.
Now I know ASCC is catching a lot of flack, a one man operation doing his own distribution, but he does seem to have a superior product. JMHO
Nevermind, I was able to get my Q answered on line. TEMN is the ticker for "Top Shelf Brands Holdings Corp". This is not the same company as "Top Shelf Distributing"; a different company. Just an idea though, I think ASCC could be a good acquisition for TEMN, a company also in the beverage business and probably always on the lookout for good brands. Any comments?
Their Subsidiary, would Top Shelf's ticker happen to be TEMN? TIA
THAT'S IT!! IT'S GONNA BE BARACK OBAMA!!
Cross your fingers!
Ok, you can put me down for 80,000. Not much, but I might be able to add a few more Monday morning. I'll let you know. Thanks much.
Nice! It only took 45 minutes for my order at .002 to fill!
Yes it does, and at least we won't have to wait too much longer to find out; just five days, maybe less?
Which would be why they really needed to delay the filing. Sell today, raise capital, close deal, they'll need 3 days from today for funds to clear their broker. They're cutting it pretty close. I'd say a deal really is in the works. And they'll be signing it next Thursday perhaps? All this is just my "educated" guess.
That would be nice. I don't have a 60 minute time frame (like the Claytrader)on my charts, but I do have 30min. I suppose a 100sma @ 30 would be about the same as a 50sma at 60? If so, and projecting out at our current rate of ascent, we'll cross the 60min 50sma at about .019. Break through that and we're home free. At our current rate of ascent, that could happen mid day Monday.
And BTW, got our PM, done.
Nice steady climb now. It looks like, at least for the moment, that things have simmered down. Interesting morning.
"We?" Sir, I'm VERY glad it took the bounce! And for the record, I've never shorted a stock so I'm afraid I don't know the cost involved. Can you enlighten me? TIA and have a great weekend.
Here was Clay's Tweet: "$MINE bounce at .016 was on radar for the last few hours if you were in @ClayTrader25 inner circle chat. and bounced perfectly. easy money"
So just a theory, but let me first say that I'm not in his circle, probably I should be; I've been considering it very much. I feel very lucky that out of the thousands of stocks I could have gotten into, I got into one of the 3 or 4 that Clay, a man of much wisdom, charts. And I've been learning too, having only discovered him last week. By applying his concepts of resistance and support I cut a considerable amount of losses earlier this week.
But I have a theory about today. Near the end of the day, MINE got to about .017. Then at about 3 or so, it took a dive. I'm glad it wasn't at 3:45 like it was the other day.... Any way, It takes a dip, hit's .016, bounces, and now we have "if that's not a hammer candle I don't know what is." And apparently, his group had MINE on their radar for a few hours prior to the dip. And now he boasted about it.
I've watched a few of his trading vids. Great stuff. One was where he was getting in and out of FB in the mid $50's pps range. He'd buy 1000 shares, hold if for a few minutes and sell it, and would make $50, and didn't bat an eye at the fact that he was spending $55,000!! So I know he has the clout to change this chart to suit his liking. As $55,000 here would buy over 3 million shares, and I'm sure he's got a lot more where that came from, not to mention the power of his Inner Circle.
So now we have a hammer candle and chance for a good bounce. Good. I wasn't too far off from the prediction I made a few days ago, where I thought it would go down to at least .015 (although I made that prediction for different reasons-- I hadn't entered in the "Clay" factor). And to Clay, If you read this, then God Bless you man, I'm very happy you and your crew are having an interest in MINE. It can only help us all. All I need is one decent profit to get me out of this month's rut and I'll surly be seeing you. Take care.
So they sold, shorted at .017 and covered at .016? And btw, how are you? Thanks for the PM the other day, I still have my eye on it.
The old adage "Buy on rumor, sell on news" might be what applies here. There don't seem to be any new rumors going around, and since the CC is forthcoming, well, draw your own conclusions.
I almost pulled the trigger on the upswing yesterday but decided to wait as I'd missed the first few minutes and the share price had already started to level out. Then I almost got back in again at the end of the day, but then took a real close look at the daily chart.
I wish they had announced the name of the law firm, as I believe that was the part of the news that caused the spike, not the announcement of the share distribution.
This new announcement about some Share holder ID software, or what ever it is, well, ok. I'm not impressed. It simply means that FRTD says they are going to be getting into the business of letting companies find out more about ME! Well I don't think it's the business of any company that I invest in to know my FB page, etc.
"What do investors expect to hear?" I can only speak for myself, I need to hear that the vaporvites made a safe delivery and that the company received full payment and a deposit check for the next order. I'd like to see a photograph of the check on their website. Heck, I'd like to see their websites for that matter.
The "likely outcome for the shares based on additional PR" would most likely be, in my opinion, about the same as it has been, as long as the company keeps to the same methodology regarding the content of the PRs. So you can check the release dates of the previous and weigh that against the change in share price and draw your own conclusion.
"Will there be an expected jump in the share price?" "How far can this swing from high to low?"
Tell you what, if you find the store that's selling the crystal balls that will give us these answers, tell me, I'll be first in line. So my prediction is this: Unless the company hires an OUTSTANDING spokesperson, and unless they release the names of those parties whom they have been dealing with, unless they do these things, the price will tank to the .001-.002 level in short order. Another old adage that I think applies here is "You can fool some of the people all of the time, and you can fool all of the people some of the time, but you can't fool ALL of the people All of the time." GLTU
Aww CRAP. Ameritrade won't let me buy this one. Same thing happened with MONA, tried to get in that one at .0003. I suppose I could finagle my way in by calling them up.
I picked up a few shares of this company last week on the request of a very good and trusted friend of MINE. I was in the middle of a new transfer into my trading account so didn't have very much to put into this, I mean really hardly anything. And I thank her very much for alerting me to the possibilities of this company.
I think the company has some great potential. However, I'm looking for a solid entry point for a much larger amount of capital. Now that the price has broken down through major support, I think that we might even see .002 in a week or so, unless of course we get some outstanding news.
This does not mean that I think that there's anything wrong with the company, and by all means don't panic, that's not the point. But that's just where the chart tells me that there will be decent support, and a place where an investment can sit for at least a week or so with less danger of losing its value. But if that level breaks, then we'll be seeing .001, but the price won't go below that for at least a months without news, and if so, won't fall very fast.
I don't have much cash, certainly not as much as most of the folks around here. And I have to be very careful and diligent about where I put my investment capital. So far I like this company, its accomplishments and see it as a fairly decent long play, at least 6 to 12 months, with opportunities to turn over some of my holdings to enlarge my position in the mean time.
So what if the price does hit .002 or .001? So what? Wouldn't that just be an incredible place to pick up a few million shares or so? So you folks who are in here for the long haul, none of this short term activity will be of any consequence to you when it's all said and done. And when that day comes, I'll meet you all at the local tavern-- I'm buyin'!! GLTU GO TEMN