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stock has been channeling from .0004 to .001 for the past 4 months. Easy double from here imo
That's fine. Just wanted to say that 10M does make a big difference with this volume. GLTY, ill hold onto my shares for a little while at least. Was up quite nice from .0008 and .0006 at .0013 so I am disappointed partly at myself, but mostly at the sellers
Thats a much better post :) Thanks for clarifying that. I don't like the guy either and wasn't defending him at all.
That is quite an accusation... suggesting that the CEO pocketed the funds that were raised for company use... Although the CEO could be the dumbest person on the planet and might have spent the funds the wrong way, I do believe that he has been trying to put out a product and I do believe that he is getting closer. This might not do much for the stock price but I'm sure hes not just selling shares to put the money into his pocket because this company has been around for way too long for him to be doing that. But don't spread mindless rumors to retards that may read your posts and hold them to be true. It would be impossible to PR so much verifiable yet untrue information to investors
"None of us are as dumb as all of us"
although 10M worth of dilution is usually not a lot for companies that have a much larger o/s, 10M here in the past few days on this volume can put a lot of negative pressure on the stock. Could it be that the only reason that they havent sold more is because there hasn't been more buying pressure? Also, if IMGW doesn't dilute, and IVIT does, why try to make comparisons between the two. IMGW's market value has nothing to do with IVIT's market value. Just because one company buys most of the other doesnt mean that the two companies are all of a sudden equal in value.
What I meant by "can't afford it" is 10M worth of EXTRA selling pressure coming from the company will kill any chance of a run on this small, tiny volume. If the volume was 70M a day and they diluted 10M over the course of a few days, then yes 10M worth of dilution, who cares. But that is not the case here. Nonetheless, I hope that IVIT does stop selling and lets the thing climb some more before they start again because it would be better for the shareholders and for the company. But selling into buying pressure as soon as it comes in will not bring MORE buying pressure, you can be certain of that.
Yes the 1,250,000 liabilities reduction is very great news, but perhaps the reason that the stock didnt run on it (a company valued at 207k reduces debt by over 1M could have run the stock) was because someone was selling into the buying pressure. notice how when bid whackers step into a stock, people tend to stop buying at the ask
"None of us are as dumb as all of us"
Cant afford 10M in dilution at this stage of the run, they will kill the stock. Nice buying today until the dump. Who knows where we wouldve closed had they decided not to step in. Did you ask how much they plan to sell by any chance?
OLNK channeling for the past 4 months from .0004 to .0015 and looks like its just started
lol, so 0% of the outstanding is owned by insiders? what a joke... doesnt even make sense
happens all the time in pinky land, sometimes the buying comes the next day, sometimes it comes a few days later, sometimes it doesnt come at all
hope a bounce is coming, in at .018
yeah still here, .018 close on this volume would look nice
225M o/s and no dilution... no brainer from here imo
yeah, think it will do it today will see
BNPD early stages of its run imo. nice news, and finally producing
people who are selling out usually want the stock to come down after they sell though, they don't want it going up for the rest of us so they can say they made a good trade.
those are people that don't know how to sell...
1st post, but a very good one :) That is a great strategy!
Everyones trying to buy the 7s, noones selling them. I took the 8s to go along with my 6s
first post on ihub, nice
Very nice thanks a lot :)
How is there a buy if there is no sell??? Where would the shares come from. Whatever you're using to tell you the buying vs the selling is only telling you how many shares were bought at the bid and how many at the ask. It is also telling you how many were sold at the bid and how many were sold at the ask, as these numbers are equal (this is still useful but its not right to suggest that there were more shares bought vs sold). If I'm buying into a stock, I can't get my shares without someone selling them to me whether its the company or the individual shareholder doing the selling. All that aside, GO IVIT!
How does someone buy shares if there isn't someone to sell them to him/her? That just means that 33M in volume was traded when the thing up ticked, 8M was traded when the thing down ticked right? If 10M shares go through and the thing up ticks, it considers those shares as buys but actually 10M shares were bought, and 10M were sold (10 Million traded between the two). So that info is kinda misleading. What it should say is 33M traded on the up ticks and 8M traded on the down ticks.
Thats why you need to hit the ask when the ask is low instead of always trying to get the bid on these. Sometimes you just have to take what you can get. .0006 is good IMO for a quickie, looks good here for sure
UBSS is the one that has been on the ask the whole way down right? Good close today, maybe some more upward movement when volume comes back in now
In at .002 gogo ITRO
Can someone call and figure out what the O/S and float are?
very nice
I agree except you have to add that every now and then you can make it through the maze without getting bit (or spat on, or whatever hydra beasts do) lol. HLLD hasn't been bitten yet aside from the hydra-beast that represents the #$*@ that didn't sell all of his shares to the rightful owner but rather to the secondary market. That hydra-beast is going down though! :) Thanks!
"None of us are as dumb as all of us"
Well quarter ended today, earnings within 45 days, but they are filing early
Well how do certain traders make 6 figures a year doing this? :), its not a gamble because when you gamble, you have a 49% chance of winning (most games) and your odds are even worse if you are playing with someone that knows the game a lot better than you (like poker). I guess there are professional gamblers that know so much that it increases their odds, but you can't find the same odds at a casino. Most of the players of this game don't know the game at all but like to think that they do because they know how to set a buy and sell order. The more you learn, the better your odds get. (I'm not saying that you don't know this or that you need to learn more, more than likely you know a lot more than me, I am just talking in general)
With a 49% chance that you will win, if you play all the time, you will lose money. With a 51% chance, if you play all the time, you make money (its why casinos are so profitable lol). In this market, there are certain traders, that can even influence the market, and so their odds are probably somewhere around 85/15 because they just pump the stock and everyone listens to them. But its you against the market, and don't forget that. In order for you to make money, someone has to lose money. Not possible for everyone to be a winner. If I sell at the top, someone has to buy at the top which means that I made money, while that certain someone is about to lose money.
Yeah, since I can't use future or present performance to predict a stock's movement, I use past performance... Fundamental analysis is using past performance to predict future movements too.
Cup and handle isnt a good indicator by itself for pennys OR big boards. Sometimes it turns out the way you want it to, sometimes it doesnt. If it retreats too far after a run, then the cup and handle argument fades away. But I can show you countless examples of pinks and big boards that have had cup and handle looking charts that have run after the handle, and others that have plummeted. If it always worked on big boards, then why am I playing pinks? I would just go for the guaranteed gold then sell and find another big board cup and handle play and play it again. There is nothing in the market that always holds true, just things that help guide the way.
"None of us are as dumb as all of us"
Yeah, producing something isn't as thrilling for investors as selling something. Producing a product uses up money, (our money) and selling it makes us money
"None of us are as dumb as all of us"
Yeah lets hope. However, waiting on news isnt usually the best strategy when it comes to these pinks. Stock is coming to a short term bottom though and I am hoping I don't regret buying the 6s on friday. Didnt think I would get any but there was plenty going out today as well. At least the dilution has stopped (or noticeable dilution) since I'm sure most of the selling is attributable to the investors that were disappointed at the reaction to the news and since they have the funding for the initial run of the energy drinks.
No, the interest was already in the stock before the news was announced. Anyone who held shares knew that the production news was coming and therefore when the news came out, people were waiting on buying pressure from the people who had already bought into the stock. When everyone knows news is coming, the news is already figured into the stock price.
Anyone else see the cup and handle? :)
Nice start this week, .02x.023
Although this never really had a rise on the rumor either so... lol. Sometimes it takes a few days though.
"None of us are as dumb as all of us"
It didnt get us going because it was expected news. Every investor knew that production news was coming and so there was no surprise buying when it came out because everyone had already bought in on the rumor. When a rumor is common knowledge, expect the news to sink the stock.
This is not jd dumping, this is people who were waiting for the PR to shoot us up dumping on disappointment. I can't believe I got filled at .0006
Churn baby churn, think it has a lot more in it