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Is there any news on whether Joseph Arcaro received custodianship of the LRDR shell? Thanks.
ASKH +23% in 45 minutes,,,looking great today.
$MINE,,,still collecting shares here. Waiting for .01 this week.
$LRDR,,,making it's way to the noon hour. Good news coming!
Thanks for your posts Apostle. I jumped in @ $.0002 when you posted this but had to sell 1/2 of my position @ $.0006. Bought those back @ $.0003 when you continued to post that this may very well be the start. Thanks again. I am just trying to get my balance back up after getting killed in $ONCI last week.
No problem. I happened to look away with one of eyes on a stock last week and tanked during that brief screw-up. lol
May see some consolidation tomorrow. Technicals (if they are to be believed with OTC stocks) show a breather may be in order. But I certainly will be keeping both peepers on it as the day progresses. GLT
Thanks. I have been watching and it appears things are working out well.
Yep, and I thank you for the gift Apostle!!
Thanks BigBadWolf,,,nice spread between buys and sells today. I did expect much more volume, but as this week moves along, we will see it come in.
BIG DAY TODAY!!! THE START OF A HUGE WEEK!!!
Volume will be off the charts every day this week. Friday in with 80M shares and for every sell, there was a buy. After market close Friday saw a buy of over 8M shares @ $.0048 to end the day even. Now come the big volume buys to drive the PPS up,,,all week long. Debt gone and FINS will come out at market close on Wednesday. Steve will have plenty of news about revenue streams coming in from the Middle East, Europe and Domestic markets. Yep, it's good to be long in ONCI.
Thanks Hazeal,,,good post and on point. UBER update will be great. May take a while before sales turn into revenues but they will. A very big week expected for ONCI. Share reduction, FINS, new revenue streams and old news brought back to life! Domestic and Foreign news just on the horizon for this week. Lots going on and IMO this will be the beginning of the next leg to catapult ONCI PPS to where it should have been,,,pennies will quickly become silver. Good luck trading all!!
$ONCI bottom support @ $0.0047
OTC
Website float 346M
100% x 100% strong sell
filings and news
As shown on Bar Chart,,,I've always hated Barchart,,,looks back, not forward.
Yes, wrenchman. This is going to be a very, very big week for ONCI shareholders.
I know
When did they announce a 1 for 2 reverse split? I missed that one!
If you honestly believe there will be no audited FINS delivered AND there will be no topics of discussion any longer,,,why are you hanging around?
Apparently there will no longer be anyone here to taunt. So again, why are you here?
And now YouTube TV for $35 per month, no contract, 40+ CHANNELS AND INCLUDES SPORTS.
I think that USA Today award winning female writer has died of old age. At least that's the rumor!!
$ONCI up 16.67% this week and just getting started on the journey north.
With distribution agreements and large revenue generating contracts being signed, the PPS is rising. And, it will continue to rise daily as FINRA approval will be PR'd, company announcing it's virtually debt free and the walls trying to be set by the MM's being broken down, this stock will continue to tick up. By the time Audited FINS from Mazar's are released 1/31 and weekly $1M contracts continue to pour in, we should see $.05 by end of February.
Good luck trading all.
Yeah bb, my drop is from .0008 all the way down to .0063. Damn!
I certainly was hoping to see huge 'Green' T-trades today. JKIR
BWawawahhaaaaaaaa!! Didn't I see that right,,,closed green Bwawahahawaa!!
Still showing that 2009 article for Google's free app.?
Fleet Management (Fleetsafer) revenues will blow bSafe sales out of the water. 2019,,,bSafeMobility revenues = $30M,,,,,,Fleetsafer revenues = +$100M
Watch them both grow this year!!!
Thanks zombiewolf,,,I wasn't in this in 2016, so I guess I just have to hang my hat on the latest PR which addresses the share reduction (included below). Now, if it is not shown in the 1/31 10Q, I will sell my shares as I won't any longer be able to trust Steve Berman. Its only 2 weeks away, I can wait for the 10Q.
Yep, the ones which might understand it want to turn it into something which may be untrue and in-turn try and confuse others as to what it probably is not!!
Agreed Blades$Dream,,,this is the only 'penny' stock I have held, and continue to hold, long term. It's a real company with real products having verifiable sales. The CEO has great vision and has been working hard to create value. We are expecting some fantastic PR's today or tomorrow which should kick off 1st quarter of 2018 showing $Millions$ in sales and revenue. GLTA,,,should be a fun time for investors in ONCI.
Misconceptions of a T-Trade. See highlighted sections. This is not the CEO selling shares after-hours but more likely one, two, or three Market Makers settling up at end of day.
What is a Form T-Trade?
There is much confusion and rumor regarding “T Trades” in the penny stock market. Nasdaq Pink Sheet stocks often close at a certain price and, within 3-10 minutes after the closing bell, will show a large final trade that gets labeled as an “after hours” trade. Simply put, this is an inaccurate description of that trade.
To understand how this trade works, one must understand the role of the market maker. The most frustrating aspect of investing in the pennies, is market maker manipulation of the stock price. Anyone that claims this manipulation doesn’t happen truly does not understand the OTC Market. Market makers are in place to “control” the price of a stock and, theoretically, to ensure that the market reacts properly to supply and demand for a certain stock. Unfortunately, when large sums of money and a lack of regulation are involved, more often than not, there is manipulation that suits the needs of certain investors or the market makers themselves. After all, they are in business to make money as well. If the average investor is purchasing stocks in the OTC Market, that investor is truly at the mercy of the market makers involved in the purchase and sale of that security.
When researching this article, The response from the SEC defined a “Form T Trade” a “trade reporting form used by broker-dealer members of the Financial Industry Regulatory Authority, Inc. (FINRA) to report equity trades executed either in the OTC market or during extended hours trading. Recent amendments to FINRA rules will expand the types of situations in which Form T is to be used, but they are not yet in effect.” The response also recommended contacting FINRA. Notice the first portion of the response. “either in the OTC Market or…” Once again, it is confirmed by the SEC that ”after hours” trades do not exist in the Pinks.
FINRA was much less transparent in their response and essentially spewed the same limited information regarding T Trades that is available on their website. None of which, accurately reflects why these trades occur in the OTC Markets. (http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p123750.pdf)
Trying to decipher the meaning of these trades with the limited information that is available on the subject led down several dark paths. Clearly, the average investor is not meant to understand the concept or its rules. Even more disconcerting is the second part of the SEC message “Recent amendments to FINRA rules will expand the types of situations in which Form T is to be used, but they are not yet in effect.” That means there is even less transparency about this mysterious T Trade.
After months of due diligence, there are a few poorly publicized uses for a T Trade. The most important factor here is that the only requirement of market makers by FINRA is that they must report all trades in a day. They are not required to do so when the actual trade occurs.
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
To execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.
The T Trade that the public sees is nothing more than one or all of the above scenarios. The T Trade reported at the end of the day can be from one market maker or many involved market makers. It can be a single purchase price but is usually an average of all of the previously unreported purchases from that business day.
Penny stocks are an exciting and lucrative business. As most everyone will tell you, it is not for the weak of heart. There is definite money to be made in the OTC Markets and more penny stock millionaires are made every day. But the best way to win the game is to know the rules!
One additional fact surfaced about market makers while researching T Trades. Did you know that market makers are not required to honor their offer price? That is correct, because the OTC market is essentially a “best offer” market. If a buyer meets the asking price for a security, the market maker can, and often does, decide to rescind the offer, not sell the security and adjust the selling price.
Happy Trading.
The RSI is sitting at 40.14 and headed upward. Slow Stochastic and MacD showing oversold and both looking like they are now headed back up. PR's due out today and tomorrow, products are now on the shelves and looking for fantastic sales reported both domestically and internationally. Good time to get in for the ride up. Good luck to all.
zombywolf,
When and Where was the share reduction to be shown? Wouldn't that be shown in the next 10Q financials preceding the PR? There has been no Audited nor unaudited Financial Statement since he announced the share reduction on November 14th. I just don't know where the reduction in OS and AS shares would be documented other than in one of those. I am not a financial guy so I am just asking. I will certainly be looking in the 10Q due Jan. 31st.
What 'fake' documents are you referring to?
'And the Walls Came Tumblin Down'
Be prepared,,,GLTA
Letters of Intent when drafted by big companies are huge! You can just sit back and enjoy while the investors buckle up for the ride. Keep your peepers on this afternoons news.
Good post. I agree that this is the way the CEO needs to tweet. News is forthcoming TODAY!
I agree with you breezerunner! Fleetsafer is quickly becoming a monster App. for the US Trucking Industry. They came into 2017 with over $1M in revenue and will continue adding millions to the ONCI base. I am looking forward to the Audited Financials in two weeks to see what FleetSafer has done over the past year.
As I can't send PM on here, I apologise for including my OTC stock. ONCI has been beat down for a while now. CEO just tweeted a message about TomTom without explaining why. After a little digging, it seems that while TomTom's FLEETWEB is HUGE in Europe and Asia (and was voted one of the best five Apps for Fleet Management Services in Europe) , the TomTom Fleet Business is non-existent here in the US. Just guessing but who knows. Hopefully, this week, Steve Berman will expand why he sent-out this tweet about TomTom's 3rd Quarter Results:
http://files.shareholder.com/downloads/TOMTOM/5865437243x0x960344/234D4F91-EEC2-41A4-B6B0-DF6834EB3409/TomTom_Q3_2017_results_press_release.pdf
And most people thought TomTom had been dead for quite sometime. They are on the cutting edge working with many of the largest Auto Manufacturers on autonomous driving cars.
Just keep your peepers open as this may be a good time to watch or invest. All in my own opinion as that's all I have. Have a great and warm MLK Weekend.
Good Post Breezerunner,,,I believe we are about to find out what is ahead for FleetSafer.
From what I recall, it's a $10M LOC from Wachavia.
TomTom WebFleet Fleet Management Services Apps are not available in US. Yet!!
It's ranked in the top 5 of must have Apps in the European Fleet industry.
Yes, we got the name! We got it yesterday. (most of us anyway)