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Was Friday the beginning of the turn, or just another btfd? What's your opinion?
If it gaps that hard, how much do you expect it to retrace before going back up.. Im a bit leery of huge gap ups.
Matt, what are your thoughts on our chart for Monday? How do you feel that large red candle at the end of friday will effect us? Thanks
Anyone else getting rejected from buying.. I'm with zecco and have never had this problem
I currently have no bets placed out of fear of catching a falling knife but looking at the chart it doesn't look like it will plow straight through .001. I'm not saying it'll bounce to .005 or anything but maybe a 30-50% bounce looks very very do-able via the charts IMO
I could see it bouncing off of .001, not necissarily tomorrow, but at some point in the month. Just my take on it.
I'm out for good now guys, I wish you all the best of luck
Right, but keep in mind that our most recent O/S figures are from may 19th so you cant just add that figure blindly to our ~700 million figure to get the current O/S. There is some overlap there that is very important to keep note of.
nite just loves throwing up huge and ridiculous ask walls huh?
I hope it doesnt gap, gaps have not proven to be good for us
You are holding 7 million shares? That's a very large chunk of change! Im not so sure I personally have the balls for that but more power to you, that's awesome
are you sure its not just hidden as a 5000 share block
Why is this board down so much on the rankings today
I am holding shares currently but I am still trying to feel the company out as to where my exit point should be. With that being said, what do most people think about the PR? They say a lot of positive things, but ive also been in many penny stocks that say just as many, just as positive of things and have them all turn out to be lies and the company takes a face plant. How do you know when to trust what a ceo is telling you and when not to? Just looking for other people's shared insight.
I think that's what scares people. It's a repetitive cycle really, people see lots of volume but don't see it flying so they bid sit to get a good price, while those that are in get scared and sell it down. Some selling leads to more selling, and high volume
I love waking up to good trading
That'd be sweet but then again Enti CEO predicted .02-.05 short term
nevermind i guess
how big do yall think nite is at 46
Ditto
I agree with JDP it was a slow day and people grew impatient and sold, that caused people to panic sell, dips and flips here
If you put a less order in at .01 there would still be many orders between here and there. Right now your order probably wouldn't even show up on level 2 til we got closer to it, so it wouldn't effect anything really
Its less than ideal, but supposedly real prs to newswire or whatever cost a good chunk of change. Id like them to not spend money on that stuff if they don't need to (you know unless it's a contract or other juicy pr). And I like still having a communication channel from the company, but I'm not sure if they are as legally bound to what they say on Facebook compared to a real pr
The new version of otcmarket.com doesn't work on my phone so it's gonna be a long L2-less day again for me
.0056 looks good to me, even if it was a form t
Last time I saw a mm that I'd never seen before, the next day that stick doubled, not saying it'll happen here, but it did last time
Bluebird, I don't have PM but I have not sold, I just try to keep things honest and straight forward. The stock may dip sure, it's not gonna fly up continuously, but I was just saying it's not going that far down. It's not jumping to .05 and not dropping to .0015, let's all get real
Bluebird, I don't have PM but I have not sold, I just try to keep things honest and straight forward. The stock may dip sure, it's not gonna fly up continuously, but I was just saying it's not going that far down. It's not jumping to .05 and not dropping to .0015, let's all get real
But if it is increased well know as soon as they do it, compared to increasing o/s which we don't know of until the next q is out (and by that time the info on it will be 45 days old)
You may be right, in that it could dip hard but I just honestly think .0015 is a quite a bit lower than it would go, at least short term
Anyone elses level 2 not working
I like how it is green (low risk) too!
I have heard people say that summer is less active than during the "school year", i personally havent noticed the difference much, but maybe thats because I have been in school during the school year (im still pretty young), Would you say that that is the case?
Each stock is different. Some are better to sell out on the whole position, some are better to sell most and ride free. I think this stock is a free rider kind of stock because there are so many unknowns.
My bets are placed on it going up as well! GLTY
I disagree with that... 100 million in revenue or contract will send us much higher than a penny. I say this because with the tecnical traders jumping in this for the momo, and anticipation of contracts with the launch it should be around a penny without ANY sort of revenue other than what it has now. 100 million in my opinion with an actual os of 700 million should put us around .1-.14 but early profit takers or dillution could cut that run short easily.
I want to start this post out by saying that I try to be as honest, and straight shooting as I can. With that being said im gonna answer your questions (specifically your 2nd question) with honesty, even though its not what some people agree with, or what some people will like me saying.
1) I am not sure what you mean by this question. If they dilute the stock at .5 or not, if you are able to sell all of your shares at .5 and you hold 120,000 shares then you will have 60,000 from that transaction. However, if they are diluting into the open market, ie selling shares from the company to share holders, instead of share holders to other share holders, then it will keep us from moving us quickly and generally weigh us down from reaching as high of a price. The stock market works on supply and demand, and the PPS reflects future and current standing of the company. If there is a larger supply, and it keeps on flowing, given the same demand, the stock price will drop. Fair valuations are usually determined by # of outstanding shares x PPS. currently that is around 700 million x .0053 (although i would be willing to bet the O/S is larger than 700 million now). This value is known as the market capital. A market cap for fair market value on a stock is the revenue x a P/E ratio (price/earnings). Usually this is modestly 10-15. So if the company makes 10 million a year and has a p/e of 10 then the market cap would equal around 100 million. So at 700 million O/S that would put the stock price around .143 or so (700 million x .143 = 100 million). In OTC and pink sheets though this PE ratio deal usually does not work, because they run on emotion and rise and fall very easily with pressure, but that is a different lesson. Also, most otc and pink don't have revenue and are operating in the red.
2) I honestly think it could go either way by christmas. From my experience with OTC and pink sheet stocks always fall after a peak usually never to return again, and I am very afraid and cautious about this one being just like all those others (especially with Ike Sutton involved and given his reputation). But I will probably hold 50-100k shares for the long after i sold out with profit and initial investment, just in case its the real deal. I am very afraid that the stock price may be down to the .002 .003 range by christmas if this ends up like the others. However, if they actually turn into a real company with real contracts and real business i would say as much as around .2 or .25... probably not dollars. Dollars would take a lot of business and/or a restructuring of shares. I am dreaming for a dollar but probably wont be holding a significant portion of my shares for it. THIS IS ALL IMO Many people either think this is going to dollars easy, or they want you to think that so you can buy their shares at the peak. Either way my opinion is honestly .002-.003 range OR .1-.25 range but dont really think itll fall in between really.
Ditto, not 10s of thousands but 11 thousand. Still 11k is too much to lose, looking to recoup before years end, wish me luck on that one
I don't have a paid account so I can't PM but gaps don't have to close, if it ran up to a dollar I don't think the gap would fill unless the company dumped. But then again stocks that rise quickly can fall quicker. I would expect this to over shoot then rest at a high base for a good while, something akin to the bcci chart.
Yes but only because we closed hod