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hkbv trading again maybe that will get some action here doubt it but maybe
probably will trade again, but as soon as trading is resumed, everyone will be dumping these so quickly that the price will drop like a boulder, lower than it is already. i had already considered this one a loss, but now that loss will get even worse. These Mina scam stocks, this one, GLCC, ANVH and others, make their little pop, then slowly die over the next few months
so what are the predictions for this week? Im thinking a whole lot of nothing, but that would be great if what someone suggested turns out to be true: that Mina did a little reverse psych on the market for this one, as in it didn't get the momentum by its first pitch when it had all the promoters (stockegg, hototc etc) pumping it, so they mention "R/S" which basically brings it back to zero; now maybe they say " look! we worked out whatever the problem was, now no R/S" and it makes the jump we were all hoping for. Wishful thinking yes but you never know
itlogic- at about 3 or so today, a little before i wrote that, there was a single ask for .0007- and nothing else. Not sure of the # of shares, but thats all there was, market depth window in etrade pro
all i can hope for at this point is a lining, doing my best to retain some optimism. A bad hit on this one, for the cash ive got in, could really sour someone relatively new to investing. Seriously though, what does everyone think about the lack of asks?
another ?, would appreciate a response from someone more in the know than I, i was away from the computer most of the day and when i just looked again i see only 1 ask left, and not sure if thats how it was this morning or not. Either way, does someone maybe know something we don't, and maybe the bad press was to instigate a cheap sellout at the .0001, and no one is even offering any for sale anymore? Food for thought at least, to me anyways
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Just looking at this one from a year back, im wondering what was it that got us all going, thinking this would be an actual $$ maker? When it was plummetting some time ago, there wasn't a quarter of the volume of last week when all of the purchasing was going on- and the more important thing i think is that there were about 2.5 billion shares bought last week, and i know they weren't all by the handful of people posting here or on other boards. So maybe it won't be the immediate flip i was thinking, but might still do something good in the upcoming weeks, depite all of the negative press coming out r/s etc. Keep the hope alive!@!
So who do you guys think are still making these random purchases like what happened today? Keeping hope alive, maybe its some "informed" money that seems to know something we dont hmmm.... its a nice thought anyways. Or maybe its someone who doesn't know any better, not so nice.
indeed- very good idea, and ill be there with you, half out of pure spite, half to save others a little mental anguish when they found out they bought into another of Mina's scams
sad thing is i knew all that, hoping i was somehow mistaken. I do recall a quote from one of their recent PRs "we estimate the value to be between 10-12 m." or something like that. Entirely produced by sir Garr of course. Reality, he might have been talking about millions of pennies, probably a more accurate measure. Worst thing is, and you might relate being greedy and all, i was holding mine when it hit .0003 but didn't sell, forseeing a LDSR type move the next day. Should have been happy making 1500, too greedy i guess. Capital "F" x10000
if that end number after the split is based on an actual valuation of the company, likely 8- 12 mil., isn't there a chance that the price will hold? Looking for some optimism where i know there's little chance of any...
in my case, ive got no choice: etrade only allows orders on this one over the phone
soyelpato, tx for the info
soyelpato, tx for the info
so how are they keeping this R/S off of the official PR's? Not that anything coming from mina can be really considered official but you know what i mean
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being the amateur im not sure how that happens, it was my understanding that if someone is asking say 1.00 and someone is bidding 1.00, the MMs should put them together and make a transaction. If someone puts one of their orders in with a specific MM like Nite or Vert for instance then the entire transaction has to take place through that medium. Obviously i don't know the whole story though b/c ive seen equal bids and asks on the auto server with no action. It would be great to hear how that takes place and it sounds like itlogic has an answer
i appreciate the opinions, and yeah thats the way i usually look at it, when one goes south its as valuable as a win in the sense of it being a learning experience- and the ones that cost me $$ aren't forgotten.
another question if someone would be so kind, looking at the time/sales for the day there were a bunch of exchanges @ .0001, but it didn't show them as sales or buys or anything, they were just there. What was all that? You've got to forgive me for being a semi-noob but everyone was where i am at some point, i'd appreciate if someone responded to this
for a reality check, i think its safe to assume that we're all on this board because we all grabbed a nice handful of this one thinking it was going to pop, and in the sooner than later sense. Now its dead and like (im guessing) most i'm a bit disappointed, where's there to go from here? Most of you guys seem like you have a bit more penny flip experience than i do, and ive never had one just die in the water like this. Had them go up and down but never dead. The options are obvious ie no choice but to wait until some action, but wtf? I put all my play money on this one and its killing me to be stagnant when there are always 100 other good plays. So whats there to do? And aside from all the litigation bickering what kind of outlook are we really looking at here?
got it- thanks future lol
itlogic, where did you hear that? great news either way
if i could get some opinions, what does it say when there are purchases going on, like in the last few minutes, but no sales? Usually its a sale/buy sale/buy etc So when these purchases are taking place, where are the shares coming from? The issuer maybe, which would not be good because thats obvious dilution, or somewhere else?
On the positive side... looking at the technicals we're well on our way to being oversold, and within a couple days we should be in extreme o.s. territory and the buying shall again begin. All of that huge volume we made on this one shows up on everyone's stock scans and i can assure you that plenty are now paying attention to this one. And yes smartasses i know the technicals don't always apply to these sub-pennies but aside from that all there is is hope and thats not all that usefull when it comes to things like this.
do i detect a little sarcasm there.. lies! by an investor relations firm???!?!?!? Never!!!! lol
ok whats your point?
indeed. Im not one to buy into blind optimism but I do feel pretty secure about this one, regardless of all the negatives going back and forth on this board. They can increase the a/s as much as they please, doesn't change the outcome for me. If this was something I was buying to pass on to the kids down the road it would be a different story, it'll run up at some point soon then crash and burn like the rest of the minamars
when you look at the actual money going in, a purchase of 200000 shares is only 20 bucks, 5 million is 500. I wouldn't get all that happy off of people buying 20 and 40$ at a time. At least the purchases in the millions are real people (i think)
Im thinking maybe this on is settling into a dead trend like LDSR did after its first bump up, and we'll all have to wait a week or two for some action. Better than it just being plain old dead
well said
IMHO with tha amount of capital that has been pumped into this one over the last few days, I don't think theres really any way its going to stay stagnant at its current levels for long. These pennies, all stocks really, are like balloons in a way, and this ones pregnant. Sucks watching it do nothing but patience! Gotta keep reminding myself too
i actually looked up that hi chain probably about a month ago, and I called maybe five or six of them, when I did only one of them knew about what I was talking about when asked about any of the hat trick and beverages they were supposed to be carrying. Only one of the stores new anything about them the rest never heard of the brand, and the one that did know about them only had one case in order as the sample type of thing. Straight bullshit.
and if i could ask your opinions, what's with the fake purchases/sales? 3000 shares at .0001 = 3 cents, and whats with the selling at flat 0 ? Way i see it someone is trying to show volume in this one, which is good for all of us. Love to hear your takes on it
Hey guys, new to IH, what's with all the bickering? Isn't everyone here for the same purpose? Anyways got in this one for 8300000 shares, most at .0002, some at .0001. Anyone thinking this will do something like the last MONA spinoff LDSR?