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Slowly creeping up before earnings, trying to stay under the radar. very hush hush i suppose
umm actually yes it does... How would you buy shares if there is noone to sell them? How would you sell them if there is noone to buy them? A guy like YOU should stay away from the market. When volume increases by 100k on some particular stock, that means that those shares have been sold and bought by someone. A lot of tracking software suggests that if the transaction took place on the ask, that its a buy, but regardless there were still equal buys and sells at the ask. Similarly, that software also tracks buys (or sells) on the bid as sells. A market is a place where buyers and sellers interact... and the current price represents the equilibrium between the buyers and sellers at that point in time.
If RDWG traded 300M, 300M were bought and 300M were sold. However, that does not mean that 150M were traded on the ask and 150M on the bid.
"None of us are as dumb as all of us"
625k on the ask, 255 shares on the bid lol. Whoever is doing this really does not want too much attention yet
also wondering why there is still shares at .019 ;
yeah id say so, but I hope that this time its a little more subtle on the way up before it spikes.
wow from the past 2 days, almost more than 700k traded at .019
Just don't understand why they are so eagerly dumping these shares when they are supposedly making money... Hell, even companies with NO revenue don't dilute this much. They say that promising news is coming out so that people buy up all of the dips. But their dips are way too hardcore
Thought it was completed... no worries though, were in good hands imo. Nice accumulation today on big volume (comparatively). No dilution, means they are getting their funds elsewhere and that this is obviously not a scam. Also, I don't know who owned the tigerlynk technology 2 years ago, but this PR shows how Hollund got it.
http://biz.yahoo.com/iw/080219/0363681.html
Keep thinking that dilution is good because eventually there will be a bottom and you will get killed on these stocks... Only way to play a diluting stock is to play the run that is supposed to attract enough attention for the company to sell more shares. In this case however, it doesn't even need to run in order to sell more shares since there seems to be plenty of fools that have provided bid support(.0026, and .001) and allowed the company to simply dump the shares, that they obviously place no value on, right into their hands. So long as buyers exist on the way down, there is no reason that they need it to run.
I will say this... a company that is as profitable as they have claimed is not this eager to dump their shares into the open market... What it illustrates is that the company renders its own shares quite worthless and they will take any amount of money they can get for them...
what I love most about this stock is I don't have to worry about it diluting itself to death. They don't put out a series of fluffy prs in an attempt to pump up the stock and sell into the buying pressure. Hope the rise on the small volume continues, I like when theres no sellers (or bidwackers I mean) :)
Yeah that might have been the case at the end of the day, but considering how much had to be traded to get to .0012, and how little to take it back down to .0065, it would seem that they were attacking the ask pretty hard. They also could have done that in order to entice some sellers to give them some cheap shares. Then maybe by the end of the day they had enough and are now ready for it to come back
Makes me think PRCC was never diluting very much... just getting shorted up the ying yang
what a bunch of dirty a$$h*les... Check out those late prints after hours... look at the volume. Manipulation at its finest. Last trade .0075
"None of us are as dumb as all of us"
it was that stupid trade at .006... when it started coming down at the open from gap up, panic selling took over from the presumptive gap and trap
PRCC nooone knows about this yet... huge off bottom, going down on tiny wacks, going up on massive buys... buy the dips like this imo today
Its being manipulated... from .009 to .012 on 600k, from .012 to .08 on 20k
Said it earlier, when everyones whining and moaning about how big a pos the company is... BUY :)
just need some volume to come in at the ask, get over .1 then its on
got a .098 average on it and its setting up pre-earnings :). Think the only question is how soon
maybe because you're trying to buy below the bid? Just a thought. lol
5000 share blocks are taking it down
Sure thats true, but you don't think that any of these people here whining and moaning and saying how big of a pos this company is were selling? When everyone's miserable is the best time to buy a stock.
What does that have to do with this stock? Its an OTC:BB, not a pink... fully reporting
PRCC .0065 Coming down on 5000k blocks, restricted
in at .005 lets go please
Just found this today and thought I would take a stab at .015. I think you're right. Really like that news from yesterday and also like the product, at least the idea so far.
I agree... there is no way the float is 9M lol. But the level of dilution here isnt nearly as drastic as on some other stocks. Looking at that 3 month chart, I wouldn't say that they diluted at all, looks more like it was shorted. But, zoom out a bit farther and it becomes more apparent. Of course, I would love to give them the benefit of the doubt and say that it is restricted shares hitting the float, but I would be surprised. Either way I am hoping that they will keep it minimal and let the thing breathe a bit before starting up again. After plummeting from .15 to .005 in 6 months, I would expect that they would let it rebound a bit before going at it again. If not, then it would illustrate that they render their own shares worthless and would rather accept as much (or as little) money as they can while theyre worth anything at all. Needs to run here though. In it for the short term trade
"None of us are as dumb as all of us"
Yeah I know there is something better than this out there but I had this bookmarked even though I don't use it too much. Guess I just figure if the pps is moving up its because the ask is getting hit lol
http://ih.advfn.com/p.php?pid=trades&cb=1216758943&symbol=PINK^MGLG
If you type in a new ticker, make sure you hit the "trades" tab at the top to get back to this screen. Here it still calls it "buy volume" and "sell volume" which I dislike, but useful sometimes nonetheless. The "? Volume" is the trades in between the buy and ask.
You are right that even a buy at the ask is a sell at the ask by someone else.
BTW make sure you copy and paste the link and don't click on it since there seems to be a break in the url.
"None of us are as dumb as all of us"
Buy volume = sale volume dude... Every transaction has equal buyers and sellers guy... How do you buy if noone sells? What you are looking at is the proportion of the volume hit at the ask vs the bid. Next time say "Twice as many shares traded at the ask than at the bid"
in at .0055 today hope we go north
out at .0011, good luck to you! Didnt know if it would break but it got rid of me on the ask so who knows heh. Thought there could be some res around 12
hehe "weeeeeee" lol. I did exactly what I said, but really wish I handt sold half at .14 lol. I was gone the whole day today but had my limit set. Assuming we gap tomorrow, I will be out if the price starts moving sideways or down on the gap. .1 to .45, not bad for 2 days of trading lol.
I agree, kinda disappointed I didnt sell some around .03 today and buy back, but I was waiting for volume that never really came. Still nice upward movement on small volume, Got a long ways to go IMO. When some more volume starts pouring in, there will be no stopping it
Hehe I was your first bookmark! :) Now theres 200% more lol. BTW you can bookmark your own board too. I was in at .1 today when it pulled back. I'm assuming it will get to atleast .14 on monday and if it breaks that, .2 and .3 may come fast. Well see, gonna take some profit around .14 most likely but will hold enough for that break.
"None of us are as dumb as all of us"
Like you said, its not very much dilution but its enough to hold us down for the time being. At least they are not going all out, they dilute in portions. I do think we are very undervalued here at a 193k market value and any buying pressure would send this through the roof. Also, that chart still looks good as long as we hold the .0006s. If we start moving upward it will obviously look even better but we broke out of the nasty downtrend and had a nice spike up. Some consolidation is normal before the next leg up and I'm sure IVIT has some more news to come. Definitely holding here and If I didnt already have enough of them, I would be trying to add the 6s before any upward movement. I think there's a lot more potential for reward rather than risk here.
Sorry was looking for the post :) thanks
did u call to get the o/s today?
Bought at 2.37 today and havent sold yet lol. Followed it only today though. Like the chart and still a huge short position according to shortsqueeze.com. Closed at hod so hoping for another gap and run or atleast the gap. Will be out this morning either way.
Should not invest in pinksheets, should trade them. Sometimes its hard to convince yourself not to hold.