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Haha, time to buy a new calculator with all those gains. ;)
$DFCO is in a lot of ways the OTCs $GME. Market maker OTCX was caught short back in early 2018 on the rally when the company caught up on filings for the first time in 10+ years. They shorted the peak of that rally and hoped to cover as retail bailed after the pps stalled. cont.
— Professor Brainiac (@ChartDiligence) April 20, 2021
Look at the move up in December, that was the volume explosion. Everything since then has been textbook healthy consolidation of that move. The volume explosion will pick right back up when we break through to new highs at .50+. I guaranty it.
Increasing revenue quarter over quarter says the business plan is working so far, and the pps agrees with me as well.
The satisfaction I get from watching this stock steadily do it's thing goes way beyond the profits it brings to my trading account. Score one for the little guys here. ;)
Love the news today. Let's see .40s+ again and not look back. Deal?
The market is well aware of the story here, the near bankruptcy and long lull with the company purely being a shell is the precise reason there was so much potential. In sports a player who goes from something awful to something positive gets the comeback player of the year award. In life someone hits rock bottom then turns themselves around, that's the whole point of a positive turnaround story! That's why there was so much potential when they began filing again in 2018! That's why I started buying in at .014 and have had the best trade/investment in my 15 years of doing this for a living!!
I can show you plenty of stocks that went dead and did nothing for 10+ years, but I can't show you any that did that and then went for a massive rally that never wavered and held all it's massive gains for 3+ years after that. I've seen some that popped and then dropped within days, weeks or at best a few months. That's kind of the whole point here!
Now that that's out of the way, are you going to show me another pump and dump that gained this much, held it's gains this much, for 3+ years?!
I actually really appreciate the discourse here, it highlights the positives and the incredibly unique situation we've had here. Bring as much light to this story as you can, this is the turnaround story for the ages. 3 years of climbing and it's held up better than any other OTC I've ever seen, with a heck of a lot more on the table once this clears .50 and the volume really takes off. God I love this stock, and every one of you in the forum!
Don't worry folks, our patience is going to be paying off soon. The stock is solidifying and the chart is looking better than it has since we fell earlier this month. The strong chart will get more eyes back on us, and then it's time for round 3 of testing this key resistance/breakout level in the upper .40s. The beauty is now we're stronger than ever after yet another shaking of the tree. Tree shakes get rid of the weak hands and those shares got gobbled up by strong hands, and I thank the sellers for giving me a chance to add a few on the dip.
Show me another pump and dump that rallied and held it's gains for 3+ years straight. 10 years later, trading at $20 and on the Nasdaq. Are we still a pump and dump?! LOL
Volume still too low to get excited, we'll need to break .001 to make any noise, but ultimately we need to see signs of life from the company. If we go current or show any signs of heading there, it's off to the races. Until then, we snooze.
Yet, here we sit at .40. a mere 20% away from breaking out to new long term highs again, where the volume will spike even more than it did when we broke .12 and it went nuts a few months back. Yawn. I really like making money.
Yep, MMs are on the run. Just need to see retail get interested again. Let's help the cause and keep a bid out there if we can. This is going to blow up huge, all these games are going to cost them big time. You can't suppress a stock/market indefinitely and there will always be a consequence for doing so. Huge breakout and squeeze coming.
I think we're starting to build some momentum and may have the MMs on the ropes. Any buying pressure or bid support here will go a long way.
I saw that last month but never saw any filings related to it. Seems like maybe he photoshopped it? Not sure but I want to believe, but never saw anything manifest from that. If confirmed, that would send us flying.
Sure. But you can't argue that past performance is a guaranteed indicator of future performance.
Nor can you argue that since the Jan 2018 filing with the OTC the company and share price have made huge gains that have stuck better than you ever thought they would.
And you can't argue that since the 1000% rally back in Jan 2018, not only has ALL of those gains stuck, but we're still up well over ANOTHER 1500%.
And finally, you can't argue that none of us know the future with any certainty, and anything is possible.
I can't say with any certainty that it will turn around in April, but remember one of the things I said was they (MMs and the big fish of the OTC) make sure to inflict as much pain as possible during these phases. The last thing they want is for this to be easy or predictable for the majority of retail traders. They want to load up on as much of the dip as possible, at as low of prices as possible, which means that not only do they want you to be doubtful and fearful so you don't buy, but also so you sell at the lowest prices possible. That's the definition of capitulation, get the other army to surrender and throw in the towel out of shear desperation and panic, and that's when they load up and turn things around.
I've learned just to trust the bigger picture and remain patient during these phases, whether on an individual stock, a sector as a whole or even an entire market as is the case right now. After as absurd of a run as we had in the OTC for damn near 6 months, a lengthy pullback and shakeout has to be expected to cull the herd. Still could get uglier before it turns around, but that's exactly what to watch for in terms of capitulation.
I think this has a very real chance to be one of the few OTCs that actually can make it to the Nasdaq.
Very nice as well! I may have made a better return but I've also had to wait waaaaaaaaaaaaay longer than I ever have before, over 3 years now but it's absolutely been worth the wait and am fully ready to keep on waiting because I see nothing but blue skies. Get ready to do another 4x, and another and another..
These sort of moves don't even begin to die off until the retail crowd has fully saturated the play and the hype is off the charts. The beauty of $DFCO is we've made massive gains WITHOUT the help of any retail hype yet. The retail masses are notorious for not spotting potential early and instead all like to chase momentum when it's exploding, just like they did when we first popped to .40. Then it stalled and they got out, and smart money took the shares they sold. One day sooner or later we'll break .50 and that will attract a lot of them once again, and then it's on to $1+ and that's when things get interesting. So much potential here still, I don't even think the part starts until we're breaking .50.
Haha, right. Or maybe some smoke signals. No matter what it's definitely a good ole boys club that works together to screw the retail crowd as much as they possibly can.
Yeah, it does feel like the tide is turning back up. Usually they try to do their best to make it as painful as possible and make timing it as tough as possible, but I've learned to trust the bigger picture and with that in mind I see lots of promise that we're going to have a strong spring into summer.
If you look at the big picture on most OTC charts, they're all holding a large portion of their gains and are just going through healthy corrections. It's impossible for moves like we've seen to not have serious corrections, that's not just MM tactics that's human nature. Soooo many retail traders out there made boat loads and are now locking in profits (or have been for a while). This phase is coming to an end and the next round will be upon us. Just gotta ride the waves. GL
Honestly that's how it goes. The previous bullish phase was stronger and more intense than anything I've ever seen in the OTC in 15 years (by miles and miles). It was 6+ months of sheer lunacy, so a 6 week correction really isn't anything. It's impossible for that sort of madness to sustain without a healthy correction, just like any individual stock that runs hard has to correct fairly hard too. They're not going to kill the OTC, they're just going to take a lot of inexperienced traders money, then let it rip again. That's the nature of things. Not trying to argue with you but that's just how I see it. I've been taking advantage and buying these dips, that's how you gotta roll.
Most likely, yes.
I've been taking advantage. Looks like it should firm up at this level, find a bottom and then work on reclaiming higher grounds over the coming days/weeks. I'm holding tight here.
Best trade/investment in 15 years of trading and it's not even close. Still hanging onto 75% of my initial position, yet the 25% I've locked in alone is waaaaay more than I've made on any other trade. Can't wait to see what the final tally looks like down the road. I really think we hit $5+ and uplist. It was (and still is) one hell of a journey but man I'm so glad I rolled the dice!
These are just the same tactics I've seen for 15 years of trading, the best thing to do is take advantage. This is the buying zone. Follow the lead of the MMs who run the show. They very often short the initial pops, then load up on the shake outs, then let it rip a while later once they've shaken everything they can and loaded all their shares.
Next time we break that key level of resistance it's going to be the beginning of our biggest leg up yet. Just consider how we've moved up from .02 to this range with very little retail interest. Once we get that phase we're talking multiple dollars. $5+ is absolutely not out of the question and I'll be holding a good amount of shares for the long haul.
If it hits $1 from here then goes to .0001, I will be able to live with that. I'll have easily doubled the profits I've already made by then, which already is the biggest return in my 15 years of full time trading. .014 to $1. I'll take that any single day of the week a million times over.
No, that is precisely the responsible dilution I was referring to. And sorry to share factual information, but those are still restricted shares. The float has literally been in the upper 30 millions since I got here and as of 3/02 it still is.
That s-1 came out so long ago and the market looooong ago priced it in and it's been determined to be a positive. I think the pps was .08 when that s-1 came out and look what it's done since. The market has spoken, and this is the most responsible and productive use of dilution I've ever seen in the OTC.
The amount of dilution has been absolutely scant and all of their acquisitions have been done through fixed amounts of restricted shares, opposed to open ended toxic notes which is what you normally see. If one were to actually look at the situation with any sort of discernment and nuance they would see that plain as day, hence the reason why the price action has steadily made higher highs and higher lows since Jan 2018.
Glad your story played out with a happy ending, though I definitely think you picked a poor time to bail as we were on the verge of breaking out through .50 and that move is definitely coming. I would have left a portion on the table at the least, but oh well, good luck to you.
And thanks for letting us know where the recent sell off started from, yeah your selling caused a few others to bail as well but all combined it was a small amount of selling compared to the accumulation we've seen. Plus it's proof it wasn't Bonar and buddies selling, which I never thought for one second was the case. And now that the tree has been thoroughly shook yet again, we're going to climb right back up to the breakout spot and this time we're triggering the big move.
They filed a 15-12g in 2017 which relieved them of their obligations to file with the SEC so they weren't at risk to get suspended, that is until this new rule which I believe comes into play in June (though I don't fully understand it's implications). From the sounds of it companies like $OCLG will have to get current by June or else they're gone.
Front load is getting in before the breakout. $DFCO didn't see it's volume spike until it broke out in 2018. It ran on huge volume and the buyers held tight and never dumped, hence why the breakout from .002 is still going here at .45+ and just getting warmed up. No dumping! And the small group of dedicated longs here have absolutely banked! Best trade of our lives!
Go ahead and show us on the chart where you see front loading. You can't, the volume didn't start coming in until the stock started running on filings. Even you posted it.
When I look at DFCO's subsidiary http://www.likido.energy/ and the growth potential from that arm of the company alone, I see a stock that quite possibly will be trading on the Nasdaq in a few years.
Here's what I think. We're in a very good situation for a number of reasons. I think we're on the verge of making our biggest move to date once we break through .50. From there I think the volume and momentum spike to the highest level we've seen.
None of us know how any of this will play out in the long run. There's a lot of potential here but a lot could go wrong, hence why we're not even higher. As the company proves they're more and more legit and with reason to be very optimistic, the market just keeps pricing that into the pps. My guess is no matter what we go a heck of a lot higher based on potential alone. With that being said, I think we all know how most penny stocks play out in the end so that's why I think all of us know we have to lock in profits in small amounts along the way. Cash in some chips, take risk off the table and no matter what you're going to be A OK.
Though the odds are stacked against a company this small making it to the big leagues, there are reasons I've speculated this one was a good gamble and I absolutely think we have a fighting chance at graduating to the big boards. So though I'll take profits along the way, I will be holding a portion of my original investment for much higher levels. I think a buck is the low low low ball target to look for. I'd be quite surprised if that was only how high this went. Upside I think is $5 - $10 and at that point really anything is possible.
Long story short, I'm bullish as heck and even if/when we see our normal corrections, I don't even break a sweat. This is so locked down and it's not going anywhere but up for a long time.
That's what I'm thinking, 100%.
I did! How about that sexy spec sheet too!?
Guys, if you're not currently digging through Likido's new website and doing backflips over what you're seeing, then you better be spreading the word because this is BIG.
http://www.likido.energy/
Wow wow and did I mention wow? If the retail market was paying any attention to this we would be busting through .50 instantly.
Then why did we close at a new 13 year high today? Why are we about to breakout to $1? Weren't they also dumping at .08? And .10? And .15? And .20? And .25? And .30? And .40? Will they also be dumping at .50? And $1?
Now that I think about it, if they've been dumping this entire time to new 13 year highs, I don't want them to stop!