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lol, huh?
No Picasso today, guess Kodiak ran out of bullets!
I concur with you 100%, just waiting for the next pr this month to follow-up with the details to the last pr. In the meantime, if this dips into the .002's next week, I might nibble at some more shares.
someone is still selling, even at .0030, amazing!
Look out, Morrovitz, better known as Bozo the Clown, will attack you for talking technicals regarding EQLB, we should all know that technicals do not apply to Penny stocks! On a more positive note, I hope you are right and it bounces back from here!
Nice, sounds like that illegal inside information stuff that happens all the time, hope your are right!
hope it comes with glue, the last one sure didn't stick!
I agree, with no expected news coming out of them in December (I expect a follow-up from the last PR, but more than likely they won't put out another one till early next year), and the fact that support broke this past week, I am going to watch were it settles before deciding to buy more or not to lower my cost average. I've already got more $ into this stock than I wanted to put in, so adding more makes me nervous, unless I get a better indication of when to really expect to see more details and results from these new partnerships with Timbaland and LiveWell (wonder why we aren't getting any updates on the partnership with Live Well???).
So most will need a double or triple come January just to get back to breakeven status, lovely!
new support will be in the low .002's, will probably get there next week.
just stating my opinion (lol, but some a-hole attacks me for doing), the mm's are tanking it on low volume as quickly as they can, seems like the most logical stopping point will be the 200 dma and that is around .002-.0022 which is I will nibble at when it gets there.
It's at .0028 right now and falling with no support, buyers eventually will start stepping in, but they are waiting or it to bottom out and my best guess is they are waiting for the low .002's.
that's a wise choice, if the mm's are handing out shares today at .003 and volume is this weak, within a week or two they will be handing them out in the low .002's.
It's going to go down to the low .002's, if it holds support at the 200dma, they you will see some of the flippers just back in wanting to take the chance for a quick double or so before jumping back out again.
I said from a technical standpoint, we broke below the 50 dma which has now become the overhead resistance and the next line of support is the 200 dma which is in the low .002's. The mm's are now taking this down as much as possible on low volume which seems criminal, but thats life in Pinkyland I guess. The flippers spit in our faces and brag about their profits, right now they are the ones winning and I'm sure they will be reloading as this dips into the .002's as December wears on.
From a technical standpoint, looks like its heading down to the 200 dma.
Yeah, that dude is just another POS toting that he made thousands and is the best trader on this planet, heard it a million times! The fact is that myself and many others entered this stock at or above the existing price based on the PR put out in September expecting to see a more detailed plan disclosed to back up their words in that PR sometime in the not so distant future. What we didn't expect was to see the price erode by 50% in the near term when the expectation was that once more detailed facts come out and unfold before our eyes, the stock should explode and thus the price should be holding stable, or climbing, in anticipation of that event. I'm getting tired myself of watching the daytraders and mm's control this stock myself and even if I wanted to unload my 3 million shares now, it would take me days to do so without tanking the price and increasing my losses. Guess I am just stuck holding and hoping regardless!
Very true, good point!
Wow, you sure are one arrogant SOB! Wonder why your alias was just created this week, but yet you tote that you have been here for months cashing in thousands on this stock on this miniscule daily volume.
Bingo!
Lets analyze what you just said, "daily price movement does not matter". Lets just say for example that the price drifts lower over the next month or two if there is no news to keep it afloat and it settles at .002 and then pops 200% on a PR which would take it back up to .006 which is where we were at just recently. However, if the price would have held up around .006 and then popped 200% on the next PR, that would put the price at .018 which is much higher than .006 in the other scenario. So I disagree 110% with your statement that daily price fluctuations do not matter because in reality, they do matter significantly!
don't expect a reply, apparently he only responds privately via e-mail with a selected few shareholders from what I have gathered.
Amazing how things can change in a blink of an eye! For many weeks our line of support was the 50 DMA in the low .004's, now it has become overhead resistance. Next line of support is the 200 DMA which is in the low .002's.
Yeah, wouldn't that be nice for once.
then why don't you go attack the other 10 or so posters who are posting similar statements that I am. BTW, you are irrelevant to me too, and if you have been here over 6 months, explain why your alias was just created yesterday.
lol, you created your alias yesterday and your first post on this board is to bash me? Let me remind you that this is an open forum message board and is not just for all hype and pumping. I protect my money and I also keep things in perspective. Granted my entry point was not good, but that was because I was not aware of this stock before I bought it and was not lucky enough to have bought in lower, however even at the entry point I made a few months ago, I had much higher expectations on the price than where it is now as do many others on this board.
Just stating the way I see it. It's hard for myself and many others who got in higher than the existing price to watch the price flounder and break below the 50dma line us support today when we all expected the opposite to be happening. I for one have a limit on where I pull the trigger when a stock I buy does not react in price the way I expect it to. I will continue to see what develops, but my leash is getting shorter as time goes by. I just keep telling myself to try to have more patience, but each week that goes by, it gets harder and harder. I want to see more factual data THIS MONTH and if I don't get it, I may be moving on.
I am not going to bash either, but here is the situation as I see it. When the recent PR was released, it did not get the visibility required to attract new buyers to the stock, thus people like Money_Money and others who got in lower decided to flip it for a profit, thus the reason why the rally on the day the PR was released was so short lived. I guess this is the way Pennyland works, the majority of these companies never survive and thus, most people playing these stocks flip them and don't want the risk of holding them very long. Thus, our fate in the short term is in the hands of the MM's, but it's quite obvious that those that are and have been selling are not expecting any significant news in the near term and thus would rather take profits and look to buy in lower later down the road if the price continues to erode (which it more than likely will do the longer we go without significant factual news). Some are now even questioning the validity of the partnership with Timbaland and what type of a role he will play in helping the company generate sales. Up until now, in my opinion, it all looks to be a legit partnership, but until we get more details and facts to bring in new buyers to the stock, it appears that what we are currently seeing is what will continue until then.
All these people who keep preaching patience just don't seem to understand how difficult it is for others to try to have patience when they are 1) starting at red, 2) watching their investment shrink when by all indications it should be growing instead, and 3) trying to figure out why selling volume is increasing and technical support has been breached. Kind of hard to have patience when the stock has dropped 40% in the past week.
lol, someone or multiple people have been dumping since the day news came out.
In the last PR when they said "this product is being made available to the retail customers through bars, night clubs, hotel resorts and golf courses throughout the Las Vegas area throughout the end of this year", doesn't that insinuate that they have product ready for sale and that they have already established distribution plans and sales will be starting?
Well, my lesson learned is that when everyone is saying things like that constantly, news comes out, and the stock reacts just the opposite is a big red flag. My problem is they are manipulating this stock on low volume and thus it would be too hard to get out now without taking a 50% loss. Now it looks like I am hoping for news just to get a pop to get out at breakeven!
Well lets all hope that they follow up on the previous PR real soon, otherwise we will have to whether a further drop in price as the days/weeks go by with no substantial news. Here are their words in their last PR which I would expect follow-up news on this month. 1) "This product is being made available to the retail customers through bars, night clubs, hotel resorts and golf courses throughout the Las Vegas area throughout the end of this year, and 2) Timothy Moseley proudly states "Mo and I have major plans for EQ in the month to come, we've been working diligently on our new partnership to bring my resources and venue for the introduction of LastShot cranberry flavor Cold Beverage to North American market. If I don't hear from them this month what I want to hear, I will be planning my exit strategy, but what I really hope is that they reward us all with a nice XMAS gift.
Ditto, until proof is shown, buyers are not jumping in and now the support line has been breached.
Agree! So far the technicals are holding true to form. First a breakout on the SEP news, then consolidation (flag pattern) followed by a breakout to a new high. Then a 50% drop off the high, but held at the 50 DMA. Now it appears that its primed to breakout again and the next breakout should surpass the previous high (.0078). I've seen this pattern with many big board stocks before, it's probably very rare to see it with a pinky though.
Yep, someone was buying at .0056 right up to the close today in anticipation of the big run that is coming nearer each day.
lol, you are spot on!
Yep, "turkeys" like this dude are currently preventing it from running and keeping it range bound so that they can flip for a few bucks each swing, guess they get their kicks out of it.
I concur with one part of your statement, you referred to them as fliptards!
It pisses me off because it is preventing this from running each time he sells into strength. Due to the low volume and large spreads, his piddley little trades selling at about 15% or so below the ask is keeping this stock in a range and preventing it from running which, if it was allowed to do so, would bring in many more buyers to the stock. Now I see why Empty Bones took a break from this board and watching this intra-day!