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Took a small bite in at 17.90.
Cheers
They are keeping current,
No one is flipping 5's to 4's=
no one is selling 4's.
Everyone has forgotten about this one.
This is accumulating time while it's again under the radar & forgotten.
Remember, they are staying current.
Cheers
What's with the crap loads of crappy trades going through?
Cheers
Morning all🍻
Cheers
This is one of those plays that you toss a buck or 3 into while it dips and just let it simmer.
The fact that they're keeping current is a VERY good thing.
Cheers
I do and TD hits me on splits.
Cheers
That 999,999 at 5, hope their 1mil gets filled today or they may fill it tomorrow with 1 share and charge another commish.
Had that crap happen before.
Cheers
That's my thinking.
Cheers
Funny, just saw my 1mil buy @ 5's hit a few days ago.
Cheers
ETEK,..For the folks new to Reverse Mergers; (thanks thesmallguy);
-ETEK is a shell, not a company. Meaning there is no business activity.
-Shells are corporate entities that once "housed" active companies that are no longer active (de-listed), so the "shell" still exists without an active company.
-They retain the share structure of the previous company (very important) but that can change before they become public.
-Reverse Mergering an active company into a "shell" is a faster and cheaper way for a company to "go public" than an IPO. Going pubic allows them to raise capital and be traded.
-When a company, or companies, wants a shell for the purposes of "RMing" an active company into it, they go through a court process to see who gains custodianship of said shell.
-ETEK went through the court process and was given custodianship in April 2020(actually. I am new here and don't know the name of the custodian. though from what I gather it was recently made known in a document, and Las Vegas is somehow key, this is poor DD on my part)
-The "investment" or "play" is that at some point, likely sooner than later here, it will be announced that an active company will take over the ticker ETEK.
-That new company could be big or small. The "bet" is on how big it is BUT also on the share structure and WHEN it is announced. (OTC players are infamous for their fickleness, but...I believe it is true that patience pays much much more than not.)
-I doubt if OTC markets is up to date, but they list the market capitalization TODAY as $426,960. Divide that by the closing price .0018 and you get a float (retail shares, us) at 237,000,000. Which is ridiculously low, I mean ridiculous, for a stock trading in sub pennies. I honestly don't believe that's even close to the current float.
-ALSO: Reverse Merger (RM) stocks are "ON TREND" at the moment. Meaning the is serious momentum with them. Definitely be careful, as always down here in the bowels, if you can't really afford to lose it, don't invest it.
thesmallguy
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161719934
$ETEK is an empty shell, with no "business model".
Waiting for another company to move into it to become publicly traded without all the hassle of an IPO.
That is what we are all gambling on.
JaMoS9812
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161710950
A reverse takeover, reverse merger, or reverse IPO is
the acquisition of a private company by an existing public company so that the private company can bypass the lengthy and
complex process of going public. Wikipedia
McSh00ter
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161717549
I hope peeps don't mind that I've consolidated a few posts into one.
Yet as Regan once said,
"I don't care where the info comes from or who gets credit,
as long as the info gets out."
Cheers
For the folks new to Reverse Mergers; (thanks thesmallguy);
-ETEK is a shell, not a company. Meaning there is no business activity.
-Shells are corporate entities that once "housed" active companies that are no longer active (de-listed), so the "shell" still exists without an active company.
-They retain the share structure of the previous company (very important) but that can change before they become public.
-Reverse Mergering an active company into a "shell" is a faster and cheaper way for a company to "go public" than an IPO. Going pubic allows them to raise capital and be traded.
-When a company, or companies, wants a shell for the purposes of "RMing" an active company into it, they go through a court process to see who gains custodianship of said shell.
-ETEK went through the court process and was given custodianship in April 2020(actually. I am new here and don't know the name of the custodian. though from what I gather it was recently made known in a document, and Las Vegas is somehow key, this is poor DD on my part)
-The "investment" or "play" is that at some point, likely sooner than later here, it will be announced that an active company will take over the ticker ETEK.
-That new company could be big or small. The "bet" is on how big it is BUT also on the share structure and WHEN it is announced. (OTC players are infamous for their fickleness, but...I believe it is true that patience pays much much more than not.)
-I doubt if OTC markets is up to date, but they list the market capitalization TODAY as $426,960. Divide that by the closing price .0018 and you get a float (retail shares, us) at 237,000,000. Which is ridiculously low, I mean ridiculous, for a stock trading in sub pennies. I honestly don't believe that's even close to the current float.
-ALSO: Reverse Merger (RM) stocks are "ON TREND" at the moment. Meaning the is serious momentum with them. Definitely be careful, as always down here in the bowels, if you can't really afford to lose it, don't invest it.
thesmallguy
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161719934
$ETEK is an empty shell, with no "business model".
Waiting for another company to move into it to become publicly traded without all the hassle of an IPO.
That is what we are all gambling on.
JaMoS9812
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161710950
A reverse takeover, reverse merger, or reverse IPO is
the acquisition of a private company by an existing public company so that the private company can bypass the lengthy and
complex process of going public. Wikipedia
McSh00ter
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161717549
I hope peeps don't mind that I've consolidated a few posts into one.
Yet as Regan once said,
"I don't care where the info comes from or who gets credit,
as long as the info gets out."
Cheers
Is ANYBODY around??
Cheers
Target CEO Brian Cornell revealed that "woke" capitalism is "great" for their brand and "the right thing for society," the mega-retailer has been scrambling to avoid a disastrous "Bud Light moment"
Cheers
Hit another taste @ 29.13 also.
Might be a tad too soon??
Cheers
Taster @ 29.14
Cheers
Wow, big drop ah.
Time to get back in tomorrow perhaps
?
Cheers
A "Seismic Deal": Exxon Planning Acquisition Of Shale Giant Pioneer
https://www.zerohedge.com/markets/seismic-deal-exxon-planning-acquisition-shale-giant-pioneer
208.21
-2.19 (-1.04%)
Cheers
OPEC+ members announced voluntary oil output cuts with Saudi Arabia to reduce production by 500k bpd from May until year-end and Russia will also cut by 500k bpd until year-end as a precautionary measure against further market volatility.
Furthermore, Iraq is to lower output by 211k bpd, UAE will cut output by 144k bpd,
Kuwait will cut 128k bpd and Oman will reduce output by 40k bpd, according to Reuters.
It was also separately reported that more OPEC+ member states are expected to announce voluntary cuts, according to Energy Intel’s Bakr.
https://www.zerohedge.com/markets/weekend-news-round-newsquawk-asia-pac-market-open-32
Cheers
What Wild And Crazy Thing That No One Was Expecting Will Happen In Q2?,..
https://www.zerohedge.com/markets/what-wild-and-crazy-thing-no-one-was-expecting-will-happen-q2
29.1799
-1.7001 (-5.51%)
Cheers
Bitcoin & Bullion Soar In Q1 As The Dollar Dumps, Banks Battered, Big-Tech Booms
https://www.zerohedge.com/markets/eod-2
Cheers
Got to be shitting me,..29.50's are hitting??
Cheers
Trump Indicted By Manhattan Grand Jury,..
https://www.zerohedge.com/political/trump-indicted-manhattan-grand-jury-over-porn-star-hush-payment
So much for my -3% off close for 29.95 bid.
Cheers
"Stocks extend gains despite bank weakness and haven strength",..
https://www.zerohedge.com/markets/stocks-extend-gains-despite-bank-weakness-and-haven-strength-newsquawk-us-market-wrap
Cheers
30.88,..just pulled my 30.80's, think this gaps down again tomorrow.
Glad I pulled my 31.50's yesterday also
Cheers
May get even worse,...or better depending on which side of the trade one is on,..
"US stocks gained and closed at session highs as fears continued to subside heading into quarter-end and with a duration bias as the recent bond sell-off lost some momentum, while the Nasdaq 100 entered a technical bull market after gaining 20% from its December low and the SPX closed above its 50dma for the first time in over three weeks."
https://www.zerohedge.com/markets/us-stocks-gained-and-nasdaq-100-entered-bull-market-fears-continued-subside-newsquawk-asia
Cheers
3 month chart says mid 32's are a good buy.
Cheers
Even better,..31.92.
Cheers
Perhaps one day it does wake up again,..til then,
playing other plays & this is another forgotten play til,...something.
Cheers
Holding & see what happens, have nothing to loose
Cheers