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If true, then it's a slow rational dilute
well, so far it would be. the irrational one was 600M shares in 200M share packets, which blew through asks at 08 and drove it down to 04
I posted a slow rational dilute theory yesterday, and indeed, they could be POSTING (not obviously selling into the 5s) these asks at 6 which are big, but not greater than the bid amount.
I'm still holding these are MMs or whales who caught a $hi*ton of 5, employees trying to cash shares they get paid cuz they need the money and are impatient, or maybe some of this is coming from the executive branch, and they've learned they can get 6.
It still doesn't affect the potential for the future though. it just so far demonstrates that at the moment, sentiment on both sides don't want to drive this down past trip 5.
I could end up eating this text at close, but even then, I bought the trolls line and have bids stacked at trip 4 and trip 2. don't see trip 1 for a while.
$UBQU$ no fear, yet.
another theory;
say you are a MM who puicked up....200 M shares at 5
say you wanna make 20K on the MM, well you don't just paste all 200M at 6, shaken savvy posters post to this board WTF is that giant ask?
sooo….you paste a small bunch of asks.... a mil here a mil there at 6.....let peeps chew them up....then things get slow.
then you poot! 20K to 5....aww even with fees you lost maybe ….10 bux on that trade to same...but what happens on the boards?
WTF? who is poot selling down to 5?
and the tanker uppers don't want this thing to either start a fear cascade or for it to stop action on that or close at 5 on some stupid 20K poot sell, we start grabbing up the 6s again also hoping to finally eat through the asks.
and then asks almost done, and WTF? who pasted another 4 Mil of 6 again?
sigh...well this one whale MM who was willing to put down 100K , got caught in the mass dilution dump....and is too impatient to wait for it to crawl back to 7??
also $20K over two or three days isn't that bad of work.
Crazy theory, actually the rational slow-dilute feed theory actually makes more sense.
bid at 5 ask at higher than 6
so far two days no change.
soooo
one day UBQU will go up, or it will go down.
or maybe, it'll stay at trip 5/6 FOREVER
in that case, call rick sanchez, cuz we are trapped in one tricked out dimension.
Beats Kronenberg world.
dark humor here only...
is it possible that the constant ask at 6 being eaten up eternally is....some sanely placed dilution instead of a dump?
it's still ok if something like this happens:
Mr. Ballas writes, "I'm pleased to announce that due to ambassadorship program, etc, that sales for the Q4 2018 were 1.5 million, which was 158% of that reported for Q3 2018.... we plan on taking profits from sales to debt repayment and restructuring, continuing getting out the name change of Hemplife and acquiring another distribution depot on the east coast yada yada.
on that day you'll something like bid 0030 ask 0035. that's exactly what happened before the farm bill when the press release was "launching ambassador program"... the 14/17 spread was cleared and opened 30/35.
of course it sold off cuz it's a good PR but it didn't give numbers....but you get my drift.
Billuka not sure it's a classic short with borrowing
Smokey explained a loooong time ago it's Naked shorting. you sell at say....07 at the beginning of the day, driving it down to 5 and then buy everything you sold back at 5.....wait for it to raise up...rinse and repeat.
I am unsure if an OTC micropenny "loans" shares to classic shorters to tank the stock on margin and then cover the bets later.
I know it's very very difficult to go back on posts here so I'll say what I've been saying and this board has been surmising in the last two days. we had a big dilution dump which drove this from trip 9 to trip 5, but now that it appears over for a few months, most of what is happening now most likely are jittered small timers trying to get out and move on.
The COULD be trolls trying to drop the price to trip 4 or trip 1 (they were on a few days back and they'll be back and now realizing the emnotional vibe in this board is too strong to have that happen, they'll take their profits at 6, move to a new trip micropenny and see if they can work it better.
One thing I can say about this message boards, is there is a strong CONVERSATION about the company and it does appear that someone who is in power at UBQU reads and listens...or maybe it's just the positive vibe. I'm also in biosolar (BSRC) another penny trading at 3 cents right now. there is NO conversation on their message boards. so it moves if it is lucky 40K shares a day and we wait once a month for a press release.
That is another reason why regardless of Share price history, UBQU is a place to be. Huge relative volume, many press releases (whether its non-news or not and whether ballas may 'dilute' the importance of said releases)….its very important for any stock to be talked about if investors want to see any action. MMs do not even play on non movers like Biosolar….and yeah MMs are annoying but they also make local stock pops of their own.
Welcome to the boards if you are new! if you just got into UBQU, I believe, and hope, you made the perfect time to enter.
sweet post birdys
Only thing I know about baccarat is what I saw on "Archer" , Poker Is a game of understanding human psychology and reading body language, and in some ways sports and definitely stocks are filled with psychology. My guess is one also does their DD and reads charts and can look for mathematical trends in sports as well as stocks. and indeed in sports stocks and poker, one is gambling against other humans instead of an odds chart, such as craps, where the odds charts are designed so if you place the same bet infinite times you will lose infinite money at an expected rate, one needs to 'luck' out and not get a perfect bell curve of outcomes and know when to leave the system ahead.
when it comes to stocks, assuming a stock doesn't go bankrupt or mire in a value trap (sears, General electric, JC penny), dollar cost averaging, like above, a same bet at regular intervals, is the only technique I know that makes any stock that dips and recovers an earning bet.
I am positive. I get the feeling that Ballas is not a corrupt individual. the intent of this company is to thrive. A LOT of investors and CEOs of HUGE companies got their heads handed to them in 2018. Plenty of CEOs chased....things...bezos chased Whole foods. It was lauded as AWESOME....now you hear ...meh....maybe we should look at wal mart for grocery. Ballas chased Crypto....and he's hated....point is, eh, we all place bets. I get the vibe now the bets Ballas is chasing are from better advisors and the bets I would chase also.
If UBQU doesn't go bankrupt and doesn't get some curse with an inverse split...our good fortune is only a matter of time.
also robots
earlier, before trips days, back in the 50 or more days, I would note buys would be something like 34,326 shares.
now, when I do catch the underpins, like my last 5 catches were two 80,000 buys.
Now, perhaps it's human beings choosing a nice round number and spending 40 bux, but it could also be we are getting a lot of robot and computer buys now?
on an otc micropenny...not sure, but noticing a pattern to these 5 dip buys.
the asks are thin, but they thicken up imo as people see "oh looks like another day between 5 and 6....and all investors hate not having at least a LITTLE action for the day.
so you see peeps pasting asks at 6 and stacking just in case we get no movement to 7 today.
still, with that, patience is key.
lol you saying buy the sixes and break the ask cover?
another idea for ballas: dividend
Mr. Ballas, you now have about 8.9 billion shares, well your investors have a lot of it, but I bet you have 1 or 2 billion shares you are hoping to not dilute.
you'd like your share price to go up, yes? end the low trip churn, the MMs screwing with it, and increase loyal long accumulation.
solution: offer a 0.25% dividend, payable every quarter. a million shares gets 2500 shares.
- a week before ex div time, most big stocks go up in share price just cuz people want to accumulate and get the dividend.
- sure you might still churn for a while with lunch money makers, but this would cause a local pop, and probably also increase the spread
-heck the dividend doesn't even have to be that high, it could even be lower, I can't think of a single OTC penny that offers a dividend. it could be 0.125% per quarter.
- you want the shares to be at a penny or two so you can pay off your investors, and make them and your creditors who hold convertible shares happy. and the trolls who are negative about your share price, what are they gonna say? "wow, UBQU's dividend sucks...you should go to this other penny stock that doesn't pay a dividend
- my guess is that if you had to pay out even 1% in dividends on 5B shares which is 50 million shares (wow, that's like a days churn nowadays) , it'd be cheaper at a much higher share price than going for a future ANOTHER 10 BILLIONS dilute shares in the future from the lender at 0010!
at the moment sells to 5 are tiny
buys to six huge.
my best guess is that it's either
1 - outsiders who came in, bought 100 dollars thinking this thing would rocket and 4 bagger them with no DD and went "oh crap, I'm down 10 bux on it and it's been a week so buhbye"
2- Bear NEgative MMs who don't want this thing to go 10 or higher (it would if dilution dumps are done. today is already 30M which is more than yesterday) they want it to go to trip 4 or trip 1 so instead of skimming up, they sell a little tiny bit at loss to skim down trying to force a selloff.
debt paid off - good!
expectation dilute dumps over until rise (above 10, above 100?) also good.
churning 5 to 6 for dinner money - today, more like snack money. 29M shares moved today mostly buys into 6 not sells into 5, at most.....2900 bux? most likely if profits were taken I doubt it was above 1000. I'm hoping the MMs have moved on to more fertile pastures, or are chasing 2018 Q4 earnings season (might be the only good one in 2019...)
thanks Smokey. I think this is comforting news.
I am very superstitious, and believe in luck both good and bad.
Birdys I hope your good feelings are right, and I do belive in the power of positive thinking.
I would be honored to ride on the coattails of your successful instinct!
Anyone here play craps at the casinos?
when a table is hot on a come run, everyone there is happy, betting the field, the doubles, and when you make your point, oh the cheering...it's very high energy.
Now, the math will tell you and any book on how to be successful at gambling tells you that the smartest way to win at craps is to bet the DO NOT come line. the payoff is the best to bet against the roller.
I've been that hot roller, or watched a hot roller and loved the money I'm making betting on her. and this dude comes and bets the don't come line.
you think the dems hate trump? the looks the entire table gave that guy when he bet the don't come line on a hot table was "if this woman craps out, we will literally take you out of this casino and beat the crap out of you"
My point is, that's kind of how I feel about this message board. the positive peeps just give a good vibe. then along comes the types that go "trip 1 tomorrow no bid what a POS" and I'm thinking "why are you even here?? are you betting the don't come line? do you WANT this stock to fail? to tank up? what? to NOT tank up? just to TROLL us? ….dude if this stock goes trip 1 tomorrow all the longs are gonna drag you out of this message board and beat you up....." well of course not, but that's my feel about the negativity. the damage has been done, UBQU is -95.9% for the year. either buy and try to rebound it or gtfo. If you have real bad news and care about investors, make a case for it. make a full on real case with details, if your intent is to care for the investors. and those analysts I respect, like Smokey and fallingknife, end their sentiments with lines like "I hope I'm wrong, I wish us all success"
anyhoo. thanks birdys. Good luck to us all.
ya ubqu is #12
Maybe allenc is right, maybe UBQU WILL acquire. In my mind it's too SMALL to acquire...but maybe it's bigger than others, and could use some trucks, warehouses....empty bottles to fill from endo labs :)
I got in cuz I always wanted to have "a million shares" of something. bought in 2017 at 3 cents! watched it drop to 0070 by sept 2017, but man I dollar cost averaged on the way down, had 7 mil shares. and then bam, it starts popping back to 0292 by feb 2018.
I sold all but a mil...for big green, hating myself for it thinking man, if this thing breaks out goes 5 cents I'll be PISSED I didn't hold all 7 mil. one more pop I could have possibly retired.
then on the way down again I said no worries. I'm only holding a mil (by then I hadn't discovered these boards and hadn't done a bit of DD, I just looked at the sine curve over 5 years....went 50 cents in 2014....of course because back then CO WA OR were just legalizing and the craze was on....but after that, between 400 and 51.
So I thought, this time I'll dollar cost average down, but buy tiny tiny bits on the way down, it'll NEVER go below 51
so if the stock had a -20% day, I'd buy a couple thou. once it got below 80 I started tabnking up big time.
when it dropped to 60 I found this board and learned as to WHY it was just tanking.
the good news is my bluechip habit helped pay for all those shares. I held....I still hold a lot of shares, average cost is less than 100 so if it goes at least penny I get all my money back. I'm patient.
of course, October 2018 hits and now I'm losing WAY more money on paper than I am on UBQU.
but I stay long because those high level bought shares, no reason to dump them at this point.
and the sentiment in general is higher. Crypto was failing and reports were indicating that investment in cryptobuy wasn't even off the foundation levels. besides, continuing in that direction would be like insisting on finishing that pirate ship now that we have steel clad destroyers.
name change, youtube videos, distributorship program, google trust score, show up on more searches, even Farm bill implication gets the conversation going about CBD, and then comes Hemplife after that.
The negative plays are still toxic debt and incompetent CEO. I see Ballas as more as a "low tech dad" …"oh dad, Facebook is SO for YOU, nowadays all the cool kids are using (insert whatever fad followed snapchat here) . He's not incompetent, he's just still moving slowly thinking that his experience selling QVC in the 80's will work. Well he was turning slowly...I think he's turning faster now. He's getting better advisors, better backers.
toxic debt: well we've all been in debt. Jeff Bezos was once heavily in debt. I'm guessing the Waltons were in debt. ya gotta borrow money to make money. we all have to borrow money to get something that will be in 20 years valuable, our land. so we are still here because we do believe the debt will get paid....sadly....months....even years?....sucks to be all of us who want to win the lotto overnight. if you've got more than 4 million shares of this company, you have a better chance of wakling up one day and seeing the stock at 1.29 than you do of winning 4 million buying a lotto ticket every day for the rest of your life.
well, here's hoping tomorrow is that day we wake up like after the distributor ship was enacted press release and the 14/17 bid ask of the night before opened at 30/35!
or even better.
$UBQU (only gonna give it one dolla sign for now
birdys you are probably right
I don't know penny behavior as well as index,
but sales and revenues do move the blue chips. Yeah, MMs and PR moves them too, but people bet on stocks based on how they interpret the PR/news.
but then again, if UBQU is gonna go multipenny or even dollar, it can show a real revenue, even like...a true honest balance sheet of PROFIT of say...a mil a year?
1 mil divided by say 1.5 billions shares in float = um....lol...actually that's trip 6.
but of course, if Hemplife had a profile of a true money making machine, I doubt you'd see it flipping from trip 5 to trip 6, the potential to become another....mini amazon would become prevalent.
but if your counter argument is iron clad, my advice to Ballas still stands. if earnings truly meant nothing, and its all about market making...then yeah, he needs a LOT more glitz and flash than a "forward looking" press release put out by him in his tone every two days and a video about the farm bill showing a president that most likely most pot lovers loathe and fields of wheat.... it was nice...but have that wheat morph to a Weed plant, dripping with oil.
ok ok I'm not an ad expert and probably that would suck, but you get my point, if the PPS is all based on a thin veneer of outward appearances, then you need to put those outward appearances into overdrive. Since Ballas was once a well known celeb selling things on that outdated media system called television, he should have some basic clue on how to translate that to social media platforms...
I forgot to mention a bad thing.
Ballas has written a lot of press releases. that was good compared to the once a month we'd get in 2018.
and indeed, the news isn't good enough to just buy at market, but it isn't horrible either. greater google trust score, name change, real attempts at getting the name out there (a youtube video with the hemplife logo) greater than expected participation in the ambassador program (implies bigger sales)
but now at this point, it's been proven to us, and hopefully to Ballas, that one can no longer write a press release a day, hint at a lot of forward leaning optimism directly from Ballas, and expect a pop. so far, the last three to four releases hasn't cause any movement, and the one that started this was the horrible terrible good for nothing 600M dump day.
So, Mr. Ballas, if you are watching and reading, congratulations on the positive press releases.
however, more than that is needed if you want to drive the price of your shares up. As mentioned in the past, going to a trade show, or getting someone else to positively comment on UBQU's future. I know now it's old, tired, and probably not true news that many years ago Forbes wrote an article predicting 1B in sales for UBQU. that's what originally interested me. I bought. Now I doubt UBQU will see 1B in sales, but it definitely could do better than 4 million a year. in fact, it has to to survive.
So, what caused someone at Forbes to write such a detailed article? We need someone besides you to 'pump' the stock. What caused tilray to spike to 300 dollars a share was having its ceo get invited on Cramer's mad money.
Not saying there's a chance of UBQU getting some sort of guesting with Cramer, but that's the sentiment, we need either hard details that say that the now 10million being diluted in shares will be paid for in sales and growth, or we need someone else dropping positive press releases so a greater "investor trust score" can be had by the speculator.
Most of the savvy investors here are going to still look on any press releases with a skeptical eye. as many have said now "I wait for the financials before I make a move" which...honestly, is the smart play.
so I suggest -
- get others involved in your advertising campaigns, and let investors know that its more than you trying to sell the company
- spam more and more youtube videos. you can't go viral with one or two. even if the video looks ridiculous, as Oscar wilde said "the only thing worse than being negatively talked about, is not being talked about"
- once UBQU makes a little profit or revenue, sure, take half, put it into expansion (not advertising expansion, real expansion, buying more delivery systems, customer service systems, warehouses, etc, allowing quicker delivery and more name recognition) and HALF towards PAYING OUTSTANDING DEBT. It is my biggest belief your debt structure (not just convertible debt but just being in debt) is killing your share price. sure, you post a profit of 15K....but the reason nobody liked it is because your debt was 750K. that's like me making a half payment on my mortgage of 2K a month and saying "look, I made 1K" everybody on this message board with understanding of ….addition....sold that day.
a theory to stay positive:
Timeline:
Ballas asks for 5B shares @ 0010
big dilution dumps always minimum 100M start to dump at 0017. drives it into trips, but eh, let's assume Ballas isn't a great mathematician, that's ok because 17 is greater than 0010
dilution and negative sentiment drives price into trips. more press releases happen. positive leaning ones. because usually, UBQU would pop in past even on neutral - positive leaning news without details
stock price still goes down, but daily trades enter 600M +
then the day of huge dilution dumps, 800M shares, drives it from trip 9 to trip 4
then new press release, 10B shares now at 0010, but press release promise no more convertible shares redemption for 3 monnths
then last two days, 67M trades yesterday, now maybe 30-50M trades today. dilution stops.
theory: Ballas figured out maybe from hate posts here or just simple math he can't dump 5 billion shares when trading range is in trips and make enough money to float whatever plans he had, for good or ill. So he doubles down with the lender, gets the money he needs and stops ….not the toxic dilution, but the really really stupid mass dilution dumps that resemble the way professional shorters drive the price down.
so at this point the asks are thin, it's just lunch money makers mixed with desperadoes trying to keep the price down or just get the eff out.
long holders have higher asks.
but bids are still big, which means bidders still have optimism, as stated in many of my rants only a reverse split would be bad on forseeable horizon.
if stock gets back above 10, perhaps just perhaps you'll see massive 100M share dumps again...or maybe by doubling down Ballas has given investors a little hope to increase asking range.
If not, well he's got double the money he originally hoped for, and in 3 months if desperate then he can dump.
3 months will be enough time to see sales that came from ambassador etc, also see sales fueled by advertising....a lot can happen for pennies in 3 months.
also lunch money makers aren't as prevalent, because you'd see almost as much selling 6 to 5 as buying 5 to 6. even with this trading, without fees, 25M shares at trip 1 difference is a whopping 2500 bux. not enough for Jason bond goblins. prolly why you are seeing sentiment and hope for trip 4 or trip 1. stock not moving enough for shorters.
I think fear from that 800M dump day is holding it back passively. but next week is another week. and those of us who know the dilute dump could come back have accepted the plays of the bears and set our orders at trip 4 and trip 2 or even trip 1
stay long, stay strong, buy some MSFT and WMT to pay for the pain waiting on UBQU....and....patience
sell house & car to buy UBQU? NO!
put wife out on the street...…
um.....
…
…..
….
that might be a smart trading move regardless of how ubqu performs.
It appears UBQU's strategy is good ol youtube and internet advertising.
With a hope to increase sales.
If Ballas is corrupt, grossly incompetent (and that assumes his backers and leadership staff are also) or just plain unlucky, this stock will never move again and stay in trips until a reverse split, bankruptcy or acquisition.
and they've just started, and with any real movement by the FDA on CBD oil, all we have are MMs churning to make lunch money.
but on the other hand, if the strategy of increasing sales by investing now in advertising pays off, well, now in trips is the time to buy
took a look at CVSI, the one OTC pot that did a megapop in 2018 and is the one talked about now. trading now at around 4.50. I decided to dip in a little bit. 365 days ago it was trading at 21 cents. it didn't pop until 6 months after that, first popping to about 1.20, then a super pop and now a plateau.
no way to go to the boards that far back and see what went on back then, but if I had to guess, there was similar positive and negative rhetoric. maybe not about dilution, but impatience as to why it wasn't popping on news , etc.
summation: its an on-off scenario. Either UBQU pops and we'll get rewarded for tanking up at super low, or it won't and we will just have to take our lumps and sell at a huge loss.
Oh something else I've learned from the school of hard knocks: by the time the news breaks about how great a stock is performing, it's pretty much too late to get in on the bottom floor. to get the multibagger, you kind of have to invest during the bleak times and suffer the eternal daytrade churn.
The good the bad and the ugly:
Bad - Doesn't mention that the FDA says CBD is still bad, and we'll be waiting. also 7 views
Good - actually, the youtube channel itself. Hemplife, good logo, and that was a nicely made video. 1.2K subscribers already
but need more. subscribe, bang the bell, watch the vid.
Ugly - actually, it wasn't that ugly. goal is to get the name out, whether the details of the farm bill matter or not.
I think if they start doing conventional ads, talking about their products, how good the peppermint one tastes, and start exploring vape pen cartridges, they could make cheap ads quickly and start getting customer interest.
The greatest long investor ever?
why that would be Jeff Bezos' soon to be ex wife.
No big dilution dump today.
Spread was typical tiny. Most likely MMs trying to make 100 bux per million on bids of trip 5.
but....more buys at 6 than sells to 5.
because no big dilution dump, holders aren't willing to sell down to 5s. I know, I tried to bid a mil at trip 5 today.
it's the dilution dumps that made me sigh and give up. without them, if you refuse to sell at 1 tick higher for lunch money, eventually even at a "slow" 67 mil day, the asks will be burned up and allow this thing to soar.
of course, if they give us good news like the "beyond expectation" ambassador program et cetera yada yada realizes into bigger sales, bigger profits, requiring expansion, or Hemplife becomes "a household name"....one day, similar which happened to me on the bid 30 ask 35 day , you'll find your wider asks at 10, 11 etc might actually realize at that penny , 2 penny or go crazy....20 cents.
now, we went a whole week without something like that crazy 600M dilution dump. And I don't dare go against those who say we might drop right back to trip 2 one sad day. But If I am right, and you all want this to go in the right direction, raise your asks. don't sell to the bids.
however, with even 67M moving when other markets aren't doing well, UBQU might be a great way to make lunch, even dinner money for months at relatively low risk.
regardless, Monday is gonna be a cold day out there on the major NYSE indices today, might send some speculators to the pennies.
No matter what, fear ruling today or a bullish acquisition surge. good luck today to the loyal longs.
Heck, good luck to the fear selling MMs today, if they tanked up! as long as we all win/.
One difference between the dilution down from .0292 in 2018 and today...
Ballas is Posting about it.
Wish he would have (could have? maybe law requires him to keep mum) who this "new York firm" is who is backing him.
at this point, at this low share price, it still makes sense to be positive and believe that someone believes in him to the tune of 5 million dollars. and common sense says that the way blue chips are being manipulated down, and the only "green" outlook for 2019 is MJ in various forms, that staying with marijuana related stocks for 2019 is the smarter bet that expecting the dow and the S&P to....not crash actually.
if Ballas messes this up, yeah, it'll stay in trips for much longer than 6 months, as the fearmongers are telling me. He'll be lucky to even be acquired. and UBQU will become a trips manipulating engine for MMs while other companies do their multibagger thing.
but for now, sure, fear might drop this thing more....and indeed the fear mongers are successful enough I dropped my bids to trip 2, but long term....eh....better to be positive I'm thinking.
Name them.
So the news hit about the new funding, and only detail is the term "convert". does not mention if this is news about the 5 Billion they already put forth.
I read a few posts through the weekend. Fear says 5 Billion more.
I also note that someone said VERY well what I wish I could have said, stop the complaining now that UBQU is in trips. If you are here to complain its clear at this point the only goal is to drive the price further down by selling fear or to just be an old fashioned gloating troll. Sell, watch and re-enter at your own risk.
So the question is, is this press release Old news just to keep UBQU humming with press releases, good news, or bad news, or neutral news and it's just typical penny stock trading as usual?
farm bill was good, but sadly, the FDA said "CBD oil is bad m'kay"
so we continue to play the waiting game, probably another reason for hope is that now it is just a matter of time (maybe as much as a year) before the FDA loosens on CBD.
the dilution is bs, no doubt, it's ugly and I can only think desperation to catch up on debt is the reason to dump the way they are doing. if they paid in shares, they were better off getting a business loan, they'd be able to control the shares and raise the price dilute less and higher and pay the bank bank in cash.
but if they paid employees and lawyers in shares, they don't care they want their money, sell on the day received.
so either they are stupid, are forced to dump hard, or have no control on the dumping hard (because they did a stupid thing)
the only hope left is the name change. since the FDA is being slow, we want to be linked to HEMP before the next cap blown off the market.
until then, we can hope that they did sell better than a mils worth of product in Q4 2018, and even a TOKEN amount of REAL distributorships might be the catalyst to start a pyramid scam. yeah, pyramids are bad, m'kay, but we're the ones in on the bottom floor of this particular amway pyramid.
HERE$ $HOPING$ $UBQU$
lol what a difference a day makes.
this morning, the haters were ripping on the PR about ambassadorships going ahead. but the mood was much higher.
then the disappointment of the realities.
yeah, because of the mood, I can see this stock going trip 1.
but I can say this, we all are whining for good news with real numbers like sales already are 1.2 million, 2.8 million for the quarter...a gozillion!
now, I'm not saying the news isn't crap. But I am saying the news necessarily ain't crap. why?
well think about it. I've only seen THREE early PR with real numbers, and all have been "sorry, we're gonna miss our projections. they were Wal mart, JC penny and Apple.
by the same token, why aren't big stocks, and all pennies putting out PR releases every day they have a good day of sales?
why wasn't apple saying in april 2018 "hey, markets are going down, but based on trends, we are gonna blow our Q1 sales through the roof! we're already at 60% of projected sales for the time
why isn't HempQ putting out a PR "yep, today Jan 9 was another great day for the spreadsheets
probably because it isn't legal to report every day. also, if a stock did that, it would "dilute' its own PR.
also, say PENNY puts out a PR "Monday was 24% above projected sales!" Tuesday was 34% avbove projected sales.....
then no news Wednesday, no news Thursday. why? cuz they weren't so good.
also, who has time for back to back PR?
Now, I'm not apologizing for Ballas. His PRs still write like he's stoned. and years ago he wrote the "don't invest in this company unless you BELIEVE in this company"....that soured me a lot. that's a get woke go broke idea EA pulled with "if you don't like purple haired amputee females being company commanders in WWII Europe....don't buy the game!" and the sales plummeted worse than UBQU's stock price.
I guess I'm only offering 1% hope. I'm still thinking trip 1.
but...again, canazall still sells, it's #12 in the USA. lots of people stand by it. real incompetence + haters driving it down makes it tough. but, say ballas sells, dilution stops, or maybe others in the company drive him out. (I'm not sure Ballas is more than a front man, they could get a huge pop just releasing PR that UBQU has new leadership)
regardless, I think the reason the haters (and me a newly minted hater) are still here talking and buying and not just disappearing to return once a month to mock ….or check....is because we all expect eventually, for this thing to make our trip purchases pay off.
but yeah, hold out for trip 1.
UBQU to be acquired by Nasdaq company. new to break on Tuesday.
tweet posted jan 02. so Tuesday would have been...yesterday.
Nasdaq to acquire? unlikely. Nasdaq can acquire pot, but typ aquires tech. Audioeye AEYE was an example. so was Terratech TRTC which is also a pot company.
AEYE is a strong penny, it inverse split...went up a little, then went down. Unlike ubqu, AEYE continued to trade very very little. at least UBQU trades a hell of a lot.
TRTC also had to inverse split to get above a buck a share to hit the daq.
then it started nosediving. Now, TRTC nosedived cuz it was pot, and 2018 after January was brutal.....TRTC now trades about 80 cents but since pot is getting a resurgence, it is actually a stock to watch.
in my wildest imagination and dreams I can hope that UBQU would reverse split to a buck to hit the daq', and being on the daq might get it just enough name recognition to take off.
however however, with the realities of poor cost management, I can honestly see the bears tearing it apart.
Now if it was ACQUIRED....then we might luck out because canazall is a great product... even then, I go to my last proof from the now 7 day old tweet.
one comment. Just one "fake news"
sorry diggity, I'm not meaning to be a hater....but gotta be honest. if UBQU turns this around....it's probably months ahead at best. otherwise, gotta bet on trip 1 with no bid. or an inverse split and at that point all of us may dump because you can even go down from trip 1
feh, bad PR without details good PR without details.
at this point, bad news without details rules because the stock is going down, and we can watch the dilution smash through our bids, also even if they got sane again I doubt any of us would want to expect this stock to see 0011 until the dilution is over.
it HAD decent news today. vague for sure, but "better than anticipated response to their ambassadorship (distributor??) program.
what is this tweet that is supposed to be good good news if honored?
in 2017 what ran UBQU up was the positive feelings in markets all around, press releases were saying stuff like "48% more sales than last quarter" a real measurable positive number.
also DD was still new, crypto was a crazy thing, and so cryptobuy sounded like a way to piggyback onto the craze.
then Ballas./execs/whoever started diluting even then at 0292. when markets were crashing....yeah, leadership in this company wasn't doing anything.
they are at least press releasing better ideas...but they turn around like a battleship.
but what is worse is it does seem that ballas/whoever is running the same old playbook with dilution. hey it worked before in 2017...pump, release make some decent scratch...now get 5 billion....try to pump it to even 50....you'll make so much.
but of course none of those elements or innocence exist, and yeah, its clear if any of them were to even poke their head into this particular board they'd get an idea that the investors are getting angry. they might want to avoid dumping half a billion shares through bids that will drop the stock price 20 to 30%.
now it's a matter of, as rickroll says, can they get lucky, or can they turn this battleship just in time. but if the feelings I and it appears now all the peeps remaining on this board feel...at best we're hoping to use trip MM strategies to make lunch money at best ….but now we are all thinking even trip 2 is a risky buy.
Ballas is the guy we blame but it may be employees or lawyers or creditors he's paid in shares cashing out. or he has to pay the debts so he needs the money now, immediately.
but that doesn't matter. it's only semantics. Rickroll and all the haters are right. they dumped about half a billion shares today at trip 5 making 250 grand. their debt was last I looked 750 grand, which I'm sure has gone up. of course, if they are reading this board, they realize the jig is up and they know the second we trade it up to 10 they'll dump, so they might be getting desperate.
well, the earlier haters said trip 5. we're there now,. now they are saying trip 1 then no bid. I believe it.
of course, tomorrow's another day, so you aren't going to get a disgust sell from me (of course, now with hundreds of millions on the bid, at least I wouldn't drive the price down more than 1 point
but maybe it's time to wait for trip 1. prolly not tomorrow....probably at next 'positive' press release.
you guys win. I'm with you. ubqu sux
and bam, another 200M dump through the trip 5
well yeah, the asks have been usually larger than 100M so we're all hoping for the ice to break free.
somedayyyyyy my Press will come....
and yeah, I'm hoping one day the lunch money churning will end and we'll all be happy whales.
300 mil was dilution dump today minimum
anyone been keeping a count?
Sadly I think we aren't even at 2 billion dumped.
well if they got 0010 on the average on a billion that's 1 million. That would be close to debt but then they have paying their employees, advertising, name change legal, etc.
If they are a scam they have lining their pockets.
if they aren't a scam they have chasing other getrich quick schemes, advertising expansion, and if sales actually do go up, real expansion.
I give up, the peeps who say this company is a POS win. Sure, let's say it goes to trip 1. Then Ballas will have gotten maybe 50% of what he hoped for on 5 billion shares.
Of course, let's assume UBQU is a POS now. and will stay a POS for a while. the bids are huge, so it might take a while to drop to trip 1. it's a MMs dream, and peeps can make hundreds on the day trades with only thousands risked.
so at this point, only 2 reasons to stay in.
1. dollar cost average on the way down, and on non dump days, make lunch money on the bid and ask
2. hold...as skypilot said.
one day, they'll either sell out cuz their product is good and they'll make possibly millions on the sellout
or, they'll change the name, or if they are not corrupt, something just something ballas and company does gives them the PR they need and then all of a sudden the mood of this room goes from hate to love
or, they'll FINALLY convert all 5 BILLION shares....pay the debt, even the advertising...and....hey....the stock is actually worth 0015.....
my hats off to smiling, the bears and all of you guys who said this stock is a crapfest. I was hoping you are wrong, but I'll admit when I'm wrong.
even so, I'll dollar cost average, and join in with the MMs and lunch money churners, even trade it when it drops to 0001 until I hear that this company isn't actually selling a product people like, and want to buy and distribute in real life.
IN the mean time, wal mart and Microsoft are almost...almost paying for my UBQU addiction.
Go ubqu...yay
They penny stock message board mad lib
pick the same stock for all three.
hey look ____ went down. it sucks (tank up)
hey look!____ went up (secretly sell)
...hey look ____ went down. it sucks
the dump pattern.
scroll back to a week long look. there have been more than one 100mil dump.
the reason it didn't shock it down before was because the bids were more than 100mil.
I've seen this before. When a big hedge fund shorted insys, it would sell 50K shares....wait an hour for recovery, then sell another 50K shares. they did that 6 times and drove insys from 8 to 4 bucks in a day.
this isn't a shorter though, this is the dilution. the reason UBQU isn't 'crapping' out more than 100M at open is because they don't want to drive the price down, they got the diluted shares at 10, so they want 10 or more.
of course if they are paying debt or employees or contracted with shares, it is Friday, they will just cash them out and get paid.
My guess though is UBQU needs the money from dilution, they probably won't crap another 100Mil in one big hit today...driving it to trip 5 means when they dilute they get less, whether it be for scammin' or for actually trying to right this company's keel.
the asks at 8 now are thin cuz peeps who either are MMing , trying to get lunch money, or are buying the fear and just wanna get the hell out are trying to get their small stakes.
I agree with scratch though, they are trying to disburse their dilution, but trying to get the most for it, and I think in the end they realize at this point if they hold even 1 billion shares, and this goes back to 3 cents ...well that's 30 million dollars. for them. for all of us.
if they are small timers, with a product I have bought, used, and liked, like the MMs lunch money traders and chart chasers, hoping to dilute out take the money and run....then shame on ballas and execs....they would be really dumb.
but I really doubt that. so do the people who crowd the bids.