Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I noticed the bids at 4 thinned out a lot
then we even had a 3/5 spread, but closed strong at 5.
Like your thoughts on most of us longs and accumulators still expect a 100M+ dump at some time. didn't happen today, but I've noted that typically they are one to two days apart, and Friday typically has at least one 100M+ dump (my "payday" theory)
I caught 2 Mil at 4 today....but I got kind of nervous today we'd drop to a 3/4. It would have happened if a whale or a dump wanted to smash it down. I was surprised we didn't see a pooter drop a 20K sell into the threes just to make the shorters/mockers day...
so are you guys bidding down at the threes in case the bid wall gets broken by a dump, or is this thin-out just a coincidence?
Agree surly, this will pop, and pop big
One could argue though that after the big pop it would go down again. The "reality hits" phase after the pop. and after that pennies either enter a "consolidation phase" and they explode big time 3000 to 4000% later and stay there, or they fail to capitalize upon their pump on poor management and crash and go bankrupt.
I'm believing that UBQU has HAD it's consolidation phase. it popped to 4 cents in 2016, then 2.92 cents in early 2017...then it crashes to now...on poor management decisions "cryptobuy, diluting.
even the 5B dilution seems to be a poor move by Ballas.
But, now we have rumors that advisors, solid financial backers doing 10B doubling down, name change, farm bill, increased google trust score, distributorship program and youtube videos showing decisions being made to increase advertising and going viral.
To me, this stinks of "consolidation". Smokey is saying also the first 5B is aimed at the toxic debt. another good play. So...this company has abandoned trying to chase the latest fad, which is a possible tactic for wins in a bull market, and is now focusing on debt management and increasing revenues in a bear market, trying to use good management techniques, just like we as individuals would run to cash and overpay our debts to erase negative percentage growth in a bear market.
So, if UBQU pops....imo it has a 10% or more chance to pop humongously. 3000-4000% and plateau.
oh another thing, which came up a week(?) ago which means it was a million years ago. UBQU had acquired more acreage for MJ growth. The argument was that was fake and useless news because UBQU didn't own the land. true, it would be cool if UBQU actually increased it's true value capitol, but think about it.....more land (even rented, even contracted with enzo labs) means they need more pot...more pot means more CBD oil....more CBD oil means they know they are going to move more units= more earnings = more revenues = eventual catalyst news.
agreed, what's the difference between a 4/5 churn and a 5/6 churn,
it's a hundred dollars cheaper a mil for loaders, and if they wanna play the game of mini poot 80K pootdowns to us at 4 to try to keep us from burning up the fives, we'll be there to take their mini 4 poots.
is the dumper dumps past the asks, we'll prolly see another 150Mil ask on the threes. rinse and repeat. not that expensive on this point to bear the pain on the way down.
we could better leverage our strategies if we knew a few things:
1) when sells of 100M or more sell, are they selling in one big dump by one big entity?
2) if yes to 1, WHO is this entity? what is this entity's motivation?
3) if we know it is one big dumper, is it Ballas, one of his backers, another UBQU exec in charge, or payroll, etc. WHY would they continue to go some days without a dump and other days on? why some at market open, why one or more after 1PM EST? is there a pattern to the madness?
4) we have a solid theory that 5B can dilute any time, 5B after 2 to 3 months. how much of the original 5B is left? how much is churn among holders?
welcome back, successful long investors.
I got overwhelmed by trolls.
sorry, I fed them.
sweet Bigarow.
Buffet DID quote the kipling poem about 5 months ago. 5 months ago on this board is....forever.
BUt yeah, as for greed killing, the only quote I know about greed and investment was Gordon Gecko - "Greed is good"
smokey said listing with NASDAQ or NYSE is ...well I'm wording it stronger than he implied, but impossible. If Ballas IS dumping shares but he's listening, don't reverse split this stock, and take the pain of diluting into low trips, or just HOLD the rest for a while!
Ballas was listening in a way because he got the other five BIl with 3 months before it could be dumped.
my closing point is, MR. ballas, don't reverse split, and most of your loyal longs will buy into these trips, with broad bids. let the trolls howl, let the haters hate. if you MUST dilute....don't sell more than what is in the bid band (another reason why I doubt it's ballas, it's someone who doesn't understand what "sell at market" can do in such a situation
For those who say name change is taking forever....most of us have dealt with the law, filing for divorce, wills, etc. Well, I've done that, things take time, months even.
Ambassador program just launched. I was hoping, as we all are most dilution was done. yet we still get one every other day. but we all know there's a long term boon coming in the future.
thanks Bigarow. Patience. I imagine a line of Kipling's Indian Rifles dealing with an oncoming charge. They want to fire early, waste their bullet forcing a dangerous 30 second reload, in that time the cav may be upon them. the Platoon Leftenants shout
"HOLD" ….. "HOLD"
in time, there will be a LEGITIMATE shout to "SELL!"
but it will be coupled with "TAKE PROFITS"
lol.
She might be. She kinda looks like a zombie and acts like a zombie. she could be like "must...dump...shares"
thanks
We figured without all the troll posts coming out on the days when the stock goes down a trip tick, but not on the days it goes up a trip tick or accumulates well, that we might have forgotten all the discussions going on at the rate of 200 posts a day every day. Now we know to just sell and get out, because this company is going 0001 no bid. Ballas is dilute dumping like shares because he is literally a POS (ding ding ding! I won the prize for being the millionth poster to call a penny stock that went down a POS!) who is, with crossed eyes and tongue sticking out going dur dur I will get a lot of money when I dump shares in hyuck!
Thank God for folks like you who remind us on a daily basis that we shouldn't even be WATCHING this stock because it is doomed for bankruptcy. and if we dare buy a share, well, we have nobody to blame but ourselves. and we also are POSes, and idiots and fools.
Please, please on every day the trip price goes down a notch and remind us, because we NEED your benevolent guidance.
thanks, sincerely, I mean it.
um....couldn't find a quote where buffet says he sold too early....but hey, I'll stand corrected! Shame on me for buying ubqu. shame shame shame
https://www.ruleoneinvesting.com/blog/how-to-invest/warren-buffett-quotes-on-investing-success/
best ones for positivity on UBQU: 1,2 , 6, 8, 9, 14, 21 (if you listen to the real analysts here, they still have a tone of believing in this company), 22, 24, 27
best ones to not listen to the negative nellies, trolls and haters on this board: 4, 5, 7, 13, 17
and 28 don't be greedy. Not doing what we love in the name of greed is very poor management of our lives.
I guess then, if hating on investors is what you love, hate on!
also large ask caps causing financial backers who got 5B shares at 0010 realizing "sigh, not gonna get back to 10 any time soon" so they dump and take what they can get. hence Ballas (who I doubt is the actual human doing the dumping at this point) going back to the well for 5B more which can't be converted for 3 months, to which I expect he's placed one last gamble that in 3 months Share price will be much more than 10. Also only remaining hope is that so do the financial backers.
agree surly,
I think one extra component, some day traders capping the asks trying to get some lunch money or scared and just want to GTFO or just looking to keep a little action going on, see the huge ask cap, and realize they better stack at least SOMETHING there to get some day action.
I never lost I didn't sell - Warren Buffet
Prophet, if you are asking whose doing the dumping? we dunno.
we think its the investors of the first 5 billion. or maybe it's some psycho whale who tanked up (getting 150M shares wouldn't be hard in the long churn of billions) got disgusted, heck, it could even be one of these trolls willing to take a 500 or 600 dollar lesson to sow fear or get the shadenfreude of toldyaso.
some folks got out and are watching and waiting for the bottom. without an ability to get listed, ballas would be insane to file for an RS, so the bottom, whether caused by fear or by pure mathematics is close either way.
at the moment rebounded to 4/5. I even made 99 bux on that flip.
Following the haters and my own advice, big bets at low trips, giving a little back on the flip.
if there's a hot stock out there that will soon pop, I'll place a few tracer bets there too...so far, this churn is ….ubiquitous in most of the markets today.
Well caught my trip 5 s and trip 4s.
I listened to the haters gotta be right if they predict hate every day.
So let it rain gimme the trip 2s!
this ain't a falling knife anymore more like a rolling spoon
I think we are at a low for UBQU but overall without any PR we are going to match the general tone of the market today, which started strong on earnings and is now churning itself due to the big league fear mongers...
""strong earnings rally fails to overcome fears on what we've been sellihg you sheep since we founded #impeach45@gettrump.org (record screech) ....I mean, fears on global growth and trade concerns"
But yeah, with recycled fake news even in upper markets, and even if ubqu churns in trips for a while, UBQU is a buy.
still trying to catch my trip 5s!
how do certain market makers get options to buy into 5 digits, smokey?
Just a guess, and so far I'm not guessing great...
But if I was in Ballas' shoes, I am guessing the Q4 2018 sales were tepid. most of it was pre-farm bill, pre name change idea, pre-youtube video, pre-ambassador launch, but the google trust was up and he probably saw vehicles for improvement (hence the fluff PR he set out).
I am guessing he also hears about sentiment on this board, and the past tactic of posting any revenues was no longer working to bolster investor sentiment because investors have grown more savvy, more discerning, with better DD. nobody is just buying anything, in 2019 they are becoming more selective.
So, a tepid report would not do well for investors, but, it's an OTC penny stock, and the report for Q1 2019 might look much better if ambassador kicks off.
Now UBQU has a good reputation for being a penny OTC that at least gives out reports. Many others don't.
So, my guess is Ballas won't report financials for Q4 2018 if there's no serious repurcussions other than investor grumbling, continue to report when sales are up or on tangible success of ambassador, name change, and ….backer confidence (proving there are investors out there that might believe in it). Sure, this will piss off everyone, but gambling on real improvements in $$ for Q1 2019 beats people disgustingly selling at trip 6 into trip 4 or less.
UBQU share price!, dead or alive, you're coming with me
and
"I'll sell THAT for a dollar!"
before anybody jumps out of metaphorical windows:
remember the line from the Irish cop in "timecop"
'poor bastard, tomorrow might have been a brighter day'
so if a C/S has to sell
doesn't that conflict with the PR claim from ballas they have to hold for 2 months?
it's gonna churn until it stops churning.
without a RS, not much room to go down, so more room for optimism it'll go up.
C/S stands for?
and who would be the holder who isn't allowed to hold more than 9.9% ?
churn baby churn, ubqu inferno!
actually, better than most who have their money in almost any other stock!
I'm glad my theory about a RS was wrong!
Just in case peeps out there hate me for suggesting it.
at the time of this posting , a 100M sell sold 07 down to 05.
Not claiming a dilute dump, but not sure it wasn't either.
Possibly, since there has been a lot of accumulation, in the hundreds of millions, it could have been a stockupper either selling at market hoping to make a MM green, or someone who is seeing the markets sour for the first time in 2019 (similar to the fear sewn in oct-dec 2018) disgust sell.
Glad to see the sentiment here is still high. also glad to hear that smokey is optimistic about the ambassador program.
Patience, $UBQU$
there was a facebook post that said "killer news before January 21". It was a pump post.
There was a twitter post saying "UBQU may be acquired by a Nasdaq company". only one comment at the time "fake news". I analyzed it, I believe it was a fake pump, which was poorly worded, ATTEMPTING to convey my previously argued-that-it-would-be-stupid-for-UBQU-to-pursue-at-this-time theory of UBQU is aiming to get "listed".
My speculation is that the PR we are getting is the best we can hope for at this time, but I still hold at least it's tasty fluff with a hint of hopefulness.
Name change, ambassador program launch and bigger than hoped for expectations on ambassador could achieve all the effects that would make me and most speculators here cheer. increased nodes of notoriety mixed with a catchier name could get the viral effect that launched other stocks for the surge.
But, big pop and explosively huge news this trading week? more on the skeptical side of that. I think we're going to play the "is this gonna be a 800Mil share dilute day or a 200M churn day until we hear just how much the ambassador program is expanding. that could be a month at least.
Birds, I'll admit my theory is a hopeful positive spin as to why UBQU would up their 5B to 10B and be diluting.
I also am not sure any penny stock operating at trips can meet the requirements as you state.
Also true, being on an exchange (actually GE was on the dow and due to mismanagement for decades (and chasing non-core competencies such as financials instead of Electrical devices, such as GE) does not guarantee success, GE's price devaluation could arguably be as bad as UBQUs.
However, I would say that a push to get listed would not to guarantee future success (every stock there is a time to get out), but a ploy to get viral recognition.
I definitely agree with you, and have said in previous posts that this company, like all, should build its customer base (sales) and improve shareholder value (operate a either no or non-toxic debt, expand, increase true operating capital either in cash or property, etc)
oh yeah, being listed on an exchange for days would be disasterous. That's why if they ARE considering a split, they better split it to 5 dollars or 10 dollars a share. if they sell off so bad that it's under a dollar a share in a few days.....well....at that point even I would panic sell and be out. But being the FIRST of its TYPE listed on a major exchange for this particular company, as you said, an MJ company, well I could see that as a decent gamble for a company mired in trips.
I offered just a theory, as I stated before, I hope I'm wrong, I agree with you it's a very risky gamble and the short term downfall I can guarantee the haters on this board and others will capitalize to most likely cause another 90% drop in the stock after RS (then again, dub 10 to trip 1 could STILL happen lol and that's another 90% drop regardless)
I do think staying in trips mathematically is smart for UBQU at least until it goes HMPLF (guess at name change) is because investors at this point can look at bid clouds and DD here and make safer guesses at loss (or gain) management. if we RS to 5 bux a share, there's no guarantee you might find a selloff and bam you are down another 80% on your stake in one day. Right now, it's a more confident feeling you aren't gonna fall from trip 6 to trip 2 in a day while the bids stay stacked at trip 5 in the tens of millions, also more accumulation than selling with exception of the 100M dumps (maybe dilution, maybe whale MM accumulators, but we call it dilution most of the time)
regardless, optimism does remain high here. and as you have implied, Hemp life today continues to show potential, and a low share price that invites even small investments at this point. Only trips can you get a million shares for less than a thousand bucks, regardless of the company.
Good luck everybody for 2019 and the last week of January.
to get to 1.00 in a reverse split
it would be 2000 shares at .0005 to get to 1.00, the minimum needed to be recognized by an exchange.
now, they wouldn't split that low, because a drop in stock price after a reverse is 99% probable, could be 10000:1 to make the inverse split be 5 dollars.
Not saying anything that there will be a reverse split, and not trying to peddle fear, in fact I'm hoping that they change the name, reverse split and get recognized by an index, this would generate non-ballas originated press, and and highly improve chances of going viral.
I bring it up because that might have been a positive reason why they expanded to 10 Billion shares over 5 Billion....trying to get more investors in, and allowing a larger reverse split range. if they split 10 billion at 10K:1 that would leave only 1 million shares....which is actually what day trading experts claim is a great float to day trade because of higher volatility chances.
however, I doubt it would be that little float shares, so more like a 2K: 1 reverse split turning 10Billion into 5 million shares....
anyhoo, another possible argument pro-reverse split, and possible theory as to why expanding to ten Billion shares in a trip penny might have made sense at this point. could have even been ADVISED by the investors and advertising consultants to expand the OS...
Still hoping the dilute dump Friday was part of the first 5 Billion, which doesn't necessarily have the 3 month protection.
Hoping its a payroll dump and nonbelievers. It is difficult to reason that the big dumps are all "people at the top" fault and then, big dumps ended for four days and then resumed again.
regardless, it doesn't matter. Either we get a big run soon, way later, or we churn in trips, trip 5 to trip 7, as long as the bid cloud stays in the tens of millions.
even the third one can have additional grabs at trip 5 make lunch money. we all can join in MM-ing.
Even a reverse split, if and only if UBQU gets recognized by the NYSE, will cause a better than lottery chance of having media recognize Hemplife and I can't predict when Hemplife will "go viral" but yeah, the odds are MUCH better than the 2017 plan of running cryptobuy and stay-the-course.
Of course, the smart play with that is name change, then reverse split, then get accepted by NYSE or NASDAQ.
I've even convinced myself that as long as name change PRECEEDS reverse split, and product continues to stay as quality as present and the present income generating vehicle already in existence continues, to stay long and accumulate regardless.
still a matter of time. Doubt we'll run huge as soon as January 22nd, but I think we will have a pop before close 2019. maybe not the dolla holla level change that sends a penny ballistic but at least ONE more rise up giving loyal longs a chance to take profits and hold a few mil shares and play with the house's money.
hope I'm wrong about that tho, love a level jump, usually a level jump in a penny lasts for months....then it goes dolla holler or multi bagger.
CVSI and MTBC are my references on that.
Anyhoo, happy MLK day! Go Green, go UBQU
Reverse split fear
Sorry to some if I appear long winded. I don't know how to do otherwise lol, but hey call me a fool if this thing goes ballistic I won't mind!
Okay, I've seen terra tech TRTC and audioeye AEYE go reverse split. Initially, it was BAD for terra tech, it dropped another 30% after the reverse split. Audioeye, not so bad, but it traded hundreds of shares a day and there was no movement.
then late 2018 came and every stock tanked.
TRTC did it most likely the wrong way, to generate interest. AEYE made it very clear they were doing it to be Listed on the Nasdaq.
Now, My GUESS is that UBQU cannot get listed on the Nasdaq, or NYSE....but that might be the news.
if it happens, yeah all of us who are 90% down on their holdings thinking it can't be much worse, could see it be much worse.
of course, the ONLY smart reason Ballas would RS is to get listed. with listing, comes a press release. with that press release, might get you a news cast "first CBD penny to get listed on the NYSE"
that did very well long run for Canada pot aurora ACB, Canopy CGC and Hexo HYYDF.
Bull if you aren't in, dip a toe, spend 700 bux buy a million shares and wait. if we reverse split for LISTING, get ready to buy a ton more after the stock drops 50 percent....but ya know, it took only one interview on Cramer, just one REAL get-the-name-out-there....for Tilray to go from 60 bux a share to 300 then 150.
yes Birdys, totally agree.
I am not sure what I'm posting is 100% accurate about the mechanics of online trading but I enjoy the technical discussion.
In the long term, even if the trolls argue the PR is fluff, the PR indicates one thing. UBQU is trying to make a run to make money long term. to continue sales, to raise share price.
of course, murphy's law says things can still go wrong, but I agree that a company in this sector, with a good product, real sales, and a system which has had successful delivery and an earnings for years, has nowhere to go but up from trips.
Get in now I'd say to any investors, sure it might drop to lower trips short term, but every penny I've seen after a 1000% or more pop...sure it super spikes like CVSI and then drops back off of the ultimate, but it never sees that super duper low PPS ever again before the ultimate pop.
"by the time the joe on the street hears about a hot stock, it's way too late for that person to get in for multibagger profits"
yes, that's a classic naked short. sell at 7 (down to 6 at most for max profit cuz if you sell at market you might crash into 5s and break even on them)
drive it to 5, tank up at 5...wait.....for others to buy up to 7, repeat.
but what we have going on would be more difficult for the whale for two days at 5/6 spread is 1, and buyers to 6 were 90%, buyers at 5 were 10%. whale is not tanking up on the 5s for the rinse and repeat.
now today there was a sell from 7 (at market I'm guessing) cuz it flushed to 5, then we broke 6 and now at 7/6. , and most buys are 7 not 6.
so MMs are hoping to tank up again at 6....(I'm patiently waiting with my good til cancelled bid at 5 which has yet to fill for weeks) but I'm secretly hoping I never fill it.
I just don't see how big MMs are getting enough at the low end to continue to keep the 1 spread cycle going eternally....under the present week's dynamics.
ya MLK day looked it up
could explain why indices are raging high for a Friday is very atypical.
lol Ballas might write a PR on a non market day. Regardless, optimism is high. a good place to sell rallies in bluechips, or hold for earnings season, and a good time to stock up on oversold, beaten down penny stocks in trips! :)
markets closed Monday?
interesting. one of the "big news coming" folks on facebook said the news would hit Monday Jan 21
big whale theory at the 5/6
Indeed , we can sit on ask 6 and bid 5.
but if you lack software, like I do, you cannot pick which bidder to which you sell.
So, one day over 30 days ago I goofed and bought a spread at market. and it caught a piece of my ask. I bought from myself.
this is called "spoofing" . Now, if you are doing that like, with millions or billions on the NYSE with a bluechip, you can do years in a tennis club prison for that.
this of course was a tiny bit of UBQU ….9 dollars worth not counting fees. I was told that I was locked out of trading online for 30 days. I had to call all my bets in via phone, paying bigger brokerage fees. lol, it was during the horrid slow-crash of December 2018, so it taught me even more about patience, and placing better timed and smarter bets.
but I still doubt the whale was making enough buys at 5 to keep up with the sells at 6, in the theory he was selling 200M shares and hoping to catch as many 5s as selling 6s and going on making cash forever on the 5.6 flip, all the analysts were reporting more buys at 6 than buys at 5.
and it does appear finally the asks at 6 dried up. now a fresh bunch at 7. if some of the optimists say that next week we'll get even BETTER news, well then the lid will blow off.
if not even better news, we'll prolly continue to churn in trips.
but with the ambassador program, I still hold if even we drop down into lower trips again, I plan to keep on tanking up. I'll hold one good until cancelled 1mil at trip 5, 2mil at trip 4, 4 mil at trip 2.
but as long as the PRs keep coming, and it's fluff with a sweet seasoning, and no truly sour bad bad news hits and no more downright stupid dilution dumps pouring through bids happen....things probably won't head to trip 2.
I got my depends on!
cuz yeah, if this thing goes even 5 cents....I'm going to crap myself!
lol, it'll be a good crap, tho
sung to the tune of raindrops keep falling on my head
Trolls keep a-posting the same dread,
but don't they realize that their fear may be dead
that the mood is high, here?
Trolls keep a posting oh how they keep a posting...
about dilute....
hey, this one is new this crazy guy
is he Ka under a new Log In ID?
seems that it could be, oh...
why do these clowns keep on posting, they keep posting.
about dilute.....mad cuz they missed out on trip 4?
nothing worrying me....ambassador we'll see...
EXACTLY Brad
At one time, Amazon was a bookstore run out of Bezos' garage.
then it was a single warehouse in Seattle. that's where UBQU is now, a single distribution point.
sure growth will be small...maybe UBQU will only be 0040 by end of 2019....but if those distributors continue exponential growth.
there's a legend that the Indian who invented chaturanga (we know it now as Chess) could have anything he wanted from the Maharajah for his invention.
the Guy said "put one grain of wheat on the first square. double it on the second, double that, and continue for all 64 squares.
The grain storage of all of the Maharajah's lands were to be drained by square 20.
the Rajah had the guy executed of course for his insolence, but you get my drift. every successful pyramid scheme (Herbalife, check it out it's around 50 bux a share), amway, the new York stock exchange, started out small, got huge.
if anything puts hemplife to dolla holla, it's gonna be the distributor program or a viral advertising campaign.
$UBQU$
True rammage, but that more applies to bluechips, and the rumor and news are months apart from rumor to actualization.
with UBQU, I GET why ballas is pounding PRs every 2 days (with Hemp legalization, and investors BEGGING him for PR back in 2017, and the news Is arguably fluff, but it's good fluff...kinda sweet, kinda tasty, with a dash of hope)
of course, he's now between a rock and a hard place, go silent, investors get really nervous, continue to write fluff, investors say "same ol same ol fluff" and he gets "PR dilution"
however, if I was in his shoes, I'd NOT go silent. This news is probably accurate to our instincts, that UBQU> Hemplife WILL start having a much stronger sales engine.
so I doubt this dump from 7 to 6 was a sell on news. we've had too many news and had 'relatively' slow 50M trading days. I'm going with the payday theory.
big selloff from 7.
70 mil shares, not big enough for a stupid dilution dump, It actually COULD have been longs who caught 5s wanting to make 30%...that's fine.
another theory....It is possible that Ballas pays his employees in shares. It's Friday, pay day. employees don't care, odds are they are getting minimum wage, and they need their money honey. so sell at market bam.
I'm not sure Ballas pays his peeps in shares, or he converts shares to make payroll. I wasn't an expert at reading the financials, and I've heard rumors that penny stock companies do that.
If this is the case, Mr. Ballas, please use REVENUES or EARNINGS money and budget that for payroll. I know I know, really it's the hate earlier that drove this stock down to trips and other stocks with less troll damage can do just that....but if my theory is accurate...you can't continue to follow other models. You NEED to break the curse of the message board trolls and MMs who are using your stock at the moment as a 100 bux - a million trip lunch money meat grinder.