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I can't. But to be fair, I stopped listening about a year ago.
Hope to see IGRW grow steadily for a month and then a big pop to celebrate the new year.
As you know, that float could be anything as it's 5 years out of published date. Also, those O/S and A/S numbers need to change per the recent filing, right?
The trading wasn't solid. The PR said nothing not already accessible in filings or past PR. Tacked onto yesterday's dump, very disappointing. I hope it gets better, but last two days not looking great momo-wise.
What was solid about it?
Me, too, and BMAK finally backed off.
Not happy seeing BMAK here. Otherwise, looking good.
OTC companies don't care about traders (no one here should be an "investor"). This is purely about momo and anticipated awareness/promo.
Technical indicators don't mean much down here. Just look at folks who called bottom days ago based on technicals.
Doesn't feel like rushing when it's apparently unlimited shares being sold for days on end.
Clearly NOT the bottom. This sucks.
New symbol AJAC being walked up by Glendale Securities. Tiny float.
They've been claiming those assets since before it became AZFL. They certainly use them when it's time for awareness, but with all the volume at these levels the last month (and the current SS), I can't see it getting back to a penny without a split. Not to say there's no money to be made, but I don't see this running back over .005 without doling out even more shares for massive awareness (which is historically promised at AZFL but never delivered).
Yup. Saw that. I'm just concerned that that means even more people who get shares at discounted rates while the other insiders are still in the picture (CEO wasn't removed from the organization, just "restructured"). I hope they turn this around; I'm just still shellshocked at the drop from .02 to .04 range.
It doesn't bother me personally. I sold on the way down when supports broke. I think there's certainly money to be made day-trading it--I just wouldn't count on any outside awareness or promotion, and I'd be wary of a split, is all.
I've thought about it more than you know. I was here at .02 and .12 (check the first pages of posts on this board). I was here for years before the dump from .02 to here. There was never a bid at .01, but that didn't stop hundreds of millions of shares from being dumped. I guarantee you that if someone wanted to dump a hundred million shares now, he would, whether that required taking it down 50% or to no bid (and then split and do it again).
Too many shares out there in the hands of people who don't care about the share price, including your shares or anyone else's shares besides their own. When you're getting tends of millions of shares at 1% cost, who cares where you sell it? And that's exactly why the share price is where it is now.
I know all about the filings; I've been here since the beginning. I said nothing about dilution. There are millions of shares out there in the hands of people who have no compunction about selling them. I'm talking about shares ALREADY in the hands of people, not new shares being issued.
Nope. It already happened and tanked from .02 to .002. Someone just dumped and dumped without regard for anything but self. There's no promotion coming here, just more shares for sale and, in my opinion, a tank to a reverse split.
Multiple millions of shares in the hands of third party promoters. Like I said last month, I wouldn't be surprised to see this hit trips and then split before Q4 hits.
Or one more slap and ETRF reloads. Ugh.
And then ETRF loads 'em right back up! No point in buying without larger momentum as long as that's going on.
It's already in the .002s, and all the third-party sellers dumping through MBAY won't let that happen.
This is less cranky and more crappy. Way too many shares being sold in the .03 range and no sign of letting up.
Nevermind. There's our seller.
Awfully sleepy at ADHC this week. Buying gone, bids gone. At least the selling is gone, too.
Based on how things are looking, it wouldn't surprise me one bit to see a split in the next month or two.
When insiders are willing to dump millions of shares, candlesticks are meaningless, unfortunately.
I hope so; just saying that I hate seeing that many shares trade at low prices regardless of where the pps closes for the day.
Most of the shares were traded 20% below or even with the previous day close, and we closed green only due to a last-minute paint. I call that discouraging, not a nice day.
See what I mean?
Ah. We have VERY different definitions of "shortly"!
How shortly?
It was at the 52 wk low last week and the week before. There's ALWAYS room to go lower.
I'm definitely not investing here.
Well, almost every OTC company does that; the trick is to time entry and exit to avoid getting caught up in the offloading of those shares. My fear, based on observation, is that it's happening now from some of the very people posting here who are selling shares gained for promotion without the actual promotion (or in advance of it to drive the price down, thus making for better numbers for the promoter but a worse result for those with shares already in-hand).
Looks to me over the past few weeks like it's basically the same party selling as buying. Obviously someone who was given a lot of shares. Disgusting.
Well, if it were GTC to purchase, it didn't work since there were fewer shares than that on the offer to end the day, and if it were GTC to sell, that would have sold long before this afternoon. I'm confused.
I saw a lot of shares for sale at .03 but not much buying.
I've got a good feeling about ADHC next week and into July.
Would like to see this back up at .05/.06 next week.