Trying to retire as early as possible
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Dude, read post #14937 first...posted in yellow above
seriously?....I know you are DD's archnemesis and all, but at least check all news on the company first..Factoring will be almost eliminated 4th quarter...
Rico
I think something else is happening here...
I don't think these "sales" on the bid are just day traders/flippers.....I believe some of these large sales are some of our fellow board posters either bailing out or severely reducing their shares because we did not hit a "home run" today...The size of many of the lots are pretty large....
Good just isn't enough to keep them interested I guess....
Rico
got some at .0663 myself...unbelievable...
wow..someone bought shares pre-market...@.0798
I forgot to mention one thing last post...
I have 2 other stocks supposedly reporting tomorrow.....one is definitely pre-market and the other is ??? I was hoping to take some money out of those 2 stocks after I see the earnings and possibly buy more here....We'll see....
You can never have enough of a great stock !!!!
GLTA
RICO
Buyouts?? Maybe a merger instead ???
I see this company easily being worth $1/Share today , $2 by summer and $5 by next summer if the growth is still there...
Who knows? Maybe this company will BUY other ones up when they start accumulating cash? Anything's possible right now...
On a side note, I don't think day traders are really holding this back....There just isn't enough volume yet....Of course the main 25-30 people who post regularly here are mostly holding their shares which I would approximate is in the 25 million share range total....Those shares wont be sold by many until we hit at least a quarter....This thing could really go to .25 fast if we get a great report and outstanding guidance going forward...More realistically, I definitely see .16 coming pretty soon on just a good report showing a net profit, less debt, higher revenues etc..
Not sure how soundly I'll sleep tonite !!! I want that report !!
GLTA
RICO
V's are only taking 10k< share orders...
NITE is getting all orders and balance of orders over 10k right now
The V's will fall off when they get their fill....
Rico
Praxsyn back on most read boards here...
#46 last 24 hrs
#39 Today
and....
#13 LAST HOUR !!
There are only 3 or 4 stocks on the top 50 that have higher gains than Praxsyn today !!!
Rico
.08 could be gone by noon...
ASCM raised bid up much higher...partytime
Sounds good... but over 8 needs 500k ask slap!
Ok....refresh my memory here...Lot sizes..
Right now the primary MM's show 10k minimum lots when showing their Ask/Bids for this stock....Last I remember, don't they usually change it to 5k lots once it closes above a dime for a few days??? I also seem to remember .25 as the next level with 2500k lots....Just trying to remember...
I can see it being much easier after a dime to move the stock initially upward if the above parameters are applied....It's more accessible and perhaps less intimidating to lower that size....Just popped into my head for some reason....
RICO
Naahhh...10Q will be out thurs night/fri am
He couldn't possibly torture us over the weekend if it's a great report.....right?? getting kinda antsy here....
JMHO
RICO
Are you able to see the 3 mil ask???
I saw it a while back on ATDF @.10, but I don't have full order Level 2 (I just have the Ihub 2nd level)....So I can no longer see it....
Just wondering..
thx
RICO
Hope you're right...I'm hearing crickets right now!!
Need a 350k ask slap @.08 to get anywhere right now...
GLTA
RICO
We know they should show a profit now...
They should show a net profit this quarter based on what we know...But what they state as guidance going forward is the one thing I am craving right now...
Securing standard financing would be huge (at least 5M), along with reducing some of the toxic debt load they currently have...
I would be very impressed as well if they show a net shareholder value that is a positive figure this quarter...
If they do show a net 5m profit, (and provide guidance that future quarters will be at least as profitable), then this is a .40 stock....minimum...
If they hit it out of the park, then a $1 seems reasonable by next March at the latest....
All of this is JMHO, of course....
I wouldn't have bought 900k shares if I didn't believe this is the best investment I have ever seen....
GLTA
RICO
That's what I'm hoping as well...
I hear ya there...
I want the ATDF 50k whacked off there so I can possibly see if they are still holding around 3 mil shares up above .10 still...
hmm...looks like NITE is slowing things down
has a 249k block at .075 right now....
I'm thinking someone wanted 200k+ under .07
Mission accomplished.....Ask is thinner than I thought it would be...
.80 - $1.00 easy for share price
At 10 mill/qtr , I'm being generous there.....I still think some holders of convertible debt may be seizing this opportunity to get quick $$ out of this sudden increase in stock price....
JMHO
RICO
Hey longtimers ! Quick question for you....thx
Back when this was trading in the mid .03's, there was talk that maybe a big chunk of convertible notes were being converted into shares and sold frantically by panicked holders....
Any idea which MM was apparently handling the bulk of those transactions??? Just wondering if it's starting to happen a bit here again...thx
rico
If there's a profit , then no sell-off...
I can't see a sell-off happening if they turned a profit....I'm much more interested in the guidance going forward...
and to see if stockholder's equity turns positive, and debt is reduced some more....Would be even sweeter to see less conversion/warrant holders on the balance sheet (either by renegotiation or have already exercised a lot of them)
I guess my last bonus would be that they have a 5ml credit line from a bank established....
Well, you get where I'm coming from.....
RICO
Great rebound off bottom !!!! (virtual handshake)
My internet went out and this site apparently as well this afternoon....But...I'm very impressed with 400k purchases after 2pm....went up .008 during that time....Lesser stocks would have been crushed today under that selling pressure....
really cant complain...this stock is slowly building up a dedicated following that will be rewarded for their investment very shortly....
I may be out of my mind to outsiders, but I know I'm in the right place by investing here....looking forward to tomorrow...
GLTA
Rico
need a 200k askslap@.078 to start the train!
Slightly off-topic but noteworthy to some...
This may funnel some $$$ today from this stock....Not from me, but from all of those chasing MJ plays....
By Shelby Sebens
Related Stories
1. Legal marijuana gets major test in Oregon, Alaska and D.C. ballots Reuters
2. Measure to legalize marijuana possession in U.S. capital passes: unofficial results Reuters
3. Oregon, Alaska, D.C. next to vote on legal marijuana National Constitution Center
4. Oregon, Alaska, D.C. voters to weigh legal marijuana in November Reuters
5. Oregon's Cheap Legal Weed Could Starve Washington's Market Huffington Post
PORTLAND Ore. (Reuters) - Residents of Oregon, Alaska, and the U.S. capital voted to legalize marijuana on Tuesday, in key victories that could fuel the legalization movement as cannabis usage is increasingly recognized by the American mainstream.
The Oregon and Alaska measures would legalize recreational pot use and usher in a network of retail pot shops similar to those operating in Washington state and Colorado, which in 2012 voted to become the first U.S. states to allow marijuana use for fun.
A less far-reaching proposal in the District of Columbia to allow marijuana possession but not retail sales won nearly 65 percent of the vote with all precincts reporting, unofficial results showed.
You may not realize this but...
They have the right to fill prescriptions from those other states right FROM THEIR EXISTING PHARMACY IN CALIFORNIA....No big capital outlay for a new facility is needed....The product is non-opiate and can be shipped between states...It would be wise at some point to open another one East of the Mississippi to be closer to Florida and to alleviate the growing # of prescriptions to fill from their California facility....
Nevada levies no Corporate income tax, which is a great benefit to the shareholder(If they move there)...They also currently have over 50 million in loss carryforward$ , so they probably wont need to pay any tax for quite a while....
The growth in other states would once again be through pain mgmt centers that cater to workmens comp in other states....Not sure how much exposure Trestle has in other states at this time...But they can certainly steer PXYN in the right direction...
Let me know if I'm not seeing something here...
Rico
The o/s shares are a non-issue to me...
Even if the O/S went to to a max of 500 million, this stock is a screaming buy....It will be profitable this upcoming report based on what we know...If guidance for 2015 suggests a profit of 25 mill for the year, this stock would be worth a mininum .75/share...If guidance suggests 50 mill profit for 2015, then this stock is worth a minimum $1.50/share or more....That's based on a p/e of only 15 and 500 mill o/s(worst case scenario)....Essentially I see this stock potentially in the $1-$2 range by the end of next year....If growth is substantial enough by next summer in additional states, $2-$3 is very real by next fall...JMHO...please feel to add here...
RICO
PXYN - There is no better penny stock...period !!!
Seriously, do yourself a favor and get a look at this stock before earnings come out....you wont be sorry, it will be profitable this quarter....It's going up 20% a day...
Rico
Don't worry, the flippers will be back tomorrow
They were here today, but somebody gobbled up their asks at the end of the day so the price stayed up quite nicely...They will probably jump start the stock tomorrow as well...Praxsyn had one of the highest gains on the MOST READ boards 2 days in a row...
Curious to see if the 3 million shares ATDF had on the ask @ .10 before lunch rears its ugly head again or not.....
This is the biggest 1 day/ 2 day gain I have ever had in one stock $$$ wise....(not percentage wise)....I regret not quite making it to the million share club, but I'm close enough....
Can't worry about that anymore...No regrets...
It's funny that I happened to be home sick the last 2 days, because this certainly made me feel a whole lot better !!!!
GLTA
RICO
Woohoo !! Broke the top 20 on most read board!
Here at IHUB
It's certainly looking that way right now...
Could be there by 10 or 10:30.....???
Supply and demand....I can't see why too many people would want to sell right now so I'm thinking we continue upward trend until earnings....
Rico
It won't close below .075
I'm thinking Texas would be a goldmine...
Texas is a great state for this...A good number of big cities...
Maybe I should change my name to...
EF HUTTON !!!!
Thanks for the 250k ask slap!!!
Hmmm..engineer stopped the train for lunch I guess
Let's see if he can get this train rolling again with some 50k ask slaps...
volume Volume VOLUME !!!
Now were talking....volume rules...nobody in their right mind is selling this stock before 3pm today...