Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
And for the record...I am NOT an enemy of the company...I hope they suceed...I just think AFPW spit in all our faces yesterday and nothing you or anyone can say will change my opinion on the matter.
Let's just see where the share structure is the next time it is announced and we can resume our discussion on this topic. If the share structure hasn't changed you will get a full, complete, unconditional, and sincere apology from me.
Share dilution scams. A share dilution scam happens when a company, typically traded in unregulated markets such as the OTC Bulletin Board and the Pink Sheets, repeatedly issues a massive amount of shares into the market for no particular reason, considerably devaluing share prices until they become almost worthless, causing huge losses to shareholders. Then, after share prices are at or near the minimum price a stock can trade and the share float has increased to an unsustainable level, those fraudulent companies tend to reverse split and continue repeating the same scheme.
I respectfully disagree.
I'm impressed by your undying optimism about this company and I truly hope your investment pays off for you.
I've just seen way too many companies take their long shareholders for a ride and it's downright criminal in my book.
Yesterday unveiled alot about what's going on in my mind. The news was good and I am okay with companies selling into their own news but they should be respectful of the existing shareholder positions. When they dump that many shares on top of the news that basically crashes any possibility of a few sustainable upticks, then they are spitting in our faces.
If they had been smart and controlled their greed they could have triggered a multi day run that would have allowed them to sell alot more shares, and still add value to the long shareholder positions.
I'm disappointed to say the least.
You too!
I know exactly how financing works....I've been at this longer than most. Don't get me wrong...I still think this is a good company with plenty of promise. I'm just not going to put myself in a position to have my stock value whittle away to nothing while the company becomes profitable. I'll be back in at the right time and PPS.
Unfortunately I think the drop in previous all time lows in the recent weeks was also the company at this point but they realized that with the low trade volume they were going to tank the PPS to the point of no return. I think they realized that they need to do a pump to get enough interest to get whatever funding they needed. I just wish they would have been more appreciative to the people who had heavily invested positions.
This was not the work of the MM's or the Shorts. This was a company share sale based on the PR. I've seen this before in several other companies. Some companies do it responsibly....by not flooding the market...and others don't care. I can tell you this...when you have a stock that all of a sudden trades on 15 times normal daily volume right after a PR and there is no uptick in PPS....it's a company sale.
The company wanted me to sell my shares today? Why would they want me to do that?
I don't know if there were shorts today or not, but I am sure that if there were they were not the ones contributing to this fiasco. I'm pretty sure this was AFPW funding the development of their new design today. I sold my position today based on the fact that over 90 million shares traded hands today, and barely a tick on the PPS. That can only mean this was a pump and dump by the company which crapped all over us longs. I'll buy back in sometime but it's gonna have to be a price consistent with this new O/S whatever it is at this point. I am pissed in case you can't tell.
Yeah what a shame they would do this crap to us. I'm very disapponted in AFPW right now....the least they could do would be to put some controls on the amount they were going to sell and have some respect for the longs so we could show a little value add for our positions.
Should have done like me on Friday....and bought all the .0008's you could have wanted. I'm a happy dude this morning!!!
Bid sitters are starting to move their orders to the ask finally.....that's gonna drive the PPS through the roof!!
AFPW looking great today. Easy 5 bagger from .0009!!!!
That was my 20 bucks and I saw no harm in being able to turn it onto 60 or so from here. Plus I don't drink so it's no loss. It will make for very good lap dance funds sometime in the future I hope! Have a great weekend everyone....remember this is not just a BBQ weekend....take time to remember the fallen....GLTA!
25MM share dump at eod....lovely!
So Brad....please comment on the latest developments at HFBG!
Sorry for your loss. Good luck in your other investments. Thanks for the cheap shares.
Amazing how these new people just show up all of a sudden and seem to know everything about the stock and the company. Sorry professional bashers....take your efforts to some other board, they don't work here.......you'll be gone in a couple days and no one will remember you.
What's going on with this company? My low limit alert went off on this for me today and I see it's been spiraling downward since mid February. Are they diluting? Just curious to know where a good entry point would be.
What price do you or your client want to get in at?
Well let's see....reverse split within the past 2 months....that's what companies do when they run out of dilution stock. I suspect another round of dilution will start as soon as a support level has been established.
I know they are not using the money for their "craiglist" advertising campaign...lol!!!!
Agreed! People should go read John Deere's Annual Report. Agricultural Sales up 50% due to a high level of demand in the AG sector. TYTN sold one tractor!!! Probably to yakrancher. I just feel bad for the people who lost money. I lost some on this, but got out long before the R/S so my losses were minimal.
Also if anyone can tell me how many filters they have sold in the last year I would appreciate it. When it come to the facts on this stock, there really are none. Just a good ole fashioned fairy tale. Except in this case Goldilocks was a prostitute drug addict that stole all the 3 bears money and then burned their house down.
Anyone got any paint????
Did anyone notice the stock has dropped another 35% just today? That's down almost 66% since the reverse split. So anyone who lost 90% of their investment and hung in there thinking this would take off after the split is barely left with enough of a position to take a dump in pay toilet. Thats the tragedy of reverse splits. They take the most loyal shareholders and screw them over even more. I've been in your position before and now have several thousands of dollars worth of other stocks in my portfolio that are now worth a total of 1 penny. Don't fall in love with a stock!
Level 2 has changed since they started posting the the share numbers for each MM. They now only post the numbers to level 2 that the MM's want you to see. Apparently you now need level 3 to see the total picture of the bid/ask landscape.
And the stock has dropped 50% since the beginning of April. Yet ML is looking for dealerships??? Dealerships to sell what? Tractors? Implements? Filters? Oh that's right hardly any of those have been sold. Maybe new dealers can sell Energy Drinks or Male Enhancement products to cover the overhead and inventory costs of tractors that wont sell. I wonder how that booming filter business is going? I think reality is starting to settle in!
The good thing about a buyout is that many other people have a higher stake in this than me. I am certain they will do everything they can in their power to maximize what they walk away with. In doing so, my best interests will be served as well.
I think it's fair to say that it's unlikely this company will be a billion dollar company anytime soon. It could potentially be a 100 million dollar company though. And that's just fine for me. What's more likely, in my opinion, is that this company will get sold to a big player once the technology starts to get wide acceptance and then we will all smile all the way to the bank to make our cash out deposits. All IMO.
I've found that the best approach to deal with the rogue bashers that show up on the message boards to try to drive down the price either for thmeselves or for the MM's they work for is to ignore them. If they are paid bashers, they get paid for every time someone responds to them, which is why they like to drop ridiculous suggestions about "what's going on" with the company. If everyone ignores them and doesn't engage them in conversation, they move on to the next victim stock board. Let's try that for a few days, and I think we'll see that they will move on, or they will just buy at the ask like everyone else has to.
Then buy your entry position here and either wait for the pop or play the channel like everyone else. You are not going to get this to tick down more by undermining the confidence of the people in this board in the hopes of getting a bid sit buy.
Love it how these MM stooges show up trying help shake the tree. Too bad it doesn't work here. They are running out of time and getting more desperate with each passing day. Once the big news hits they will be spending their time covering at a much higher price just to keep from losing their ass. I love it!!!
So what's the deal with KMAG? I watched it rise but decided not to chase it for obvious reasons. Now I see it's back on a downward slide. With the news of the share buyback, why dont we see another spike in PPS? Possible new shareholder here. GLTA!
Agreed!
Maybe if the idiot spent as much time and effort to sell tractors instead of complaining about shareholders looking for information he wouldn't have a business that's sliding into the crapper. When I see a CEO start to act like this, it clearly means the company is going down the toilet faster than he can imagine.
Just a tick a day is all we need. We are on track and ready to continue our move up. Have a great weekend everyone!
I have a few hundred I can throw at this at EOD.
FYI...I was able to double my position today thanks to some weak hands. Whoever you are thank you very much. I know you didn't make any money on this selling at the 52 week low, but I wish you well in future investments.
On a side note.....The last time AFPW dropped to .0008 it launched up to over .0017! So this is kinda like that slingshot being pulled back for the shot. This is the loading zone and it won't be here for long!