Still going strong
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Appears somebody is selling their valuable shares for .0001 and can it go lower?
AJM is running at .055 or US $0.0786..looking better at the start of the New Year!
I sold a bunch at
0331 last year and tried to buy back this morning at .0355 but no luck. Was not going to pay .04. Ended up buying back Excelsior. Still have 648,742 Altura with 10,109 Excelsior all now in Roth IRAs.
Total of 27 shares..
Somebody broke the bank to load up big time! SMH
No dilution? They can't dilute anymore because how do you dilute 5.8 billion shares? Even the current price of .0002 is so way over the top for this massively diluted stock. SMH
So in one year they dumped 4,283,691,188 shares into the market no wonder this scam will never recover.
Might as well have burned your money at least you'd have a little light for your trouble.
Heck of sell-off with no shares traded? It's obvious the longs took loses last year and now have no hope but to hold for some kind of outcome that gets them more than $0.0001.
Somehow my ALTAF trades have escaped the deep six.
Held 75,228 shares back on 3/18/18 at cost of $0.28 and sold them all.
Bought starting 3/19/19 10,000 at $0.1051 and kept averaging down til holding 67,000 at $0.1036 on 8/8/19.
Increased holdings til reaching 820,634 shares at avg cost of $0.0494.
On 12/3/19 sold this Lot of 67,000 for $0.04 for a loss expecting to buy back all in 2020 adding to my Roth IRA.
Currently hold 753,034 waiting to buy $7,000 more in my Roths the beginning of January. If the price goes below .04 I'll come out smelling like a rose.
Expect another record shipment before next Monday. Yes, the price is being manipulated but don't know of another stock that has ALTAF potential. Now long and strong trusting in Management an more shipments to add to our bottom line.
WRFX outage in effect...is this the final nail in the coffin?
You missed it...I show 200 shares traded for 2 cents. SMH
Just sold 67600 at .04 to take a loss (paid .10) in my broker account. Want to get them back early next year in my Roth.
Still have excess of 750k with 650k in two Roths.
No comment
Hope you get your shares. I bought more today and now have and average share cost of $0.0494 feels great to be under a nickel but still 19% under water.
Goal is to get to 850K and hold all in Roth IRA. GOT TO wait until next year as already max out in both Roths presently.
I would never say never some Giant Corp might buy out ALTAF (there was just some suggestion about a year and half ago) but no that isn't my reason for jumping in big time for me.
I gave my reasons a couple of posts ago and this has been my belief ever since being one of the earliest Posters on this board. See Post #3.
What pushed me over to crazy mode was Director Allan Buckler adding on 11/22/19 a whopping 47,965,134 shares for $A 2,877,908 of his own skin!
A couple other Directors added millions more to their ALTURA portfolio. All the Directors and Officers have purchased a mountain load of shares which shows REAL commitment in my estimation.
They have Competitive Advantage, experience, and value for my money. Current Market Value is way lower than Book Value. So I'm all-in for reasons other than I think they will be bought out and gobbled up!
BCNU
PS if someone OFFERS a $1B cash I would vote "yes". LOL
Picked up another 160,860 for .045 to bring down avg cost to $0.0501. Call me a cheerleader.
Yep and you realize Liabilities + Owners Equity = Total Assets.
My point doesn't change in current Market Cap is low and favorable for investment dollars as Total Assets are $336,000,000.
To clarify "value" Market Cap is $146 million while Total Assets are $336 million.
Tell me where you can buy a company for .434 cents on the dollar?
Now hold 500,000 at average cost of $0.05175 per share.
Now is the time to buy if ever!
Why do I love Altura? Three reason for this or any stock:
1. Competitive advantage as they have low cost of making Li. Shipping product shorter distances. No violence vs South America. Their product is higher grade.
2. Great experience of Management. They are transparent, deliver on promises, and have put their own skin in the game while holding millions of company shares.
3. Great value in Market Cap is way less than Asset value. Share price today is way lower than even big Off Takers have paid.
4. They are selling product by the shiploads and making a profit which will grow significantly in the near future.
Obviously I'm long and strong now and have put my money where my mouth is as ALTAF holds the biggest part of my portfolio.
BCNU
Pretty sure big holder (Altura?) Is selling all they can at .043. I know because bought today 2 tranches of 164,622 and 163,486 at .043. Now hold 478,193 at avg cost of .0521 per share. Need 21,807 to belong to the 500,000 club. LOL
Long and strong. Now have a big bite of Altura and feel comfortable everything is building towards a very good 2020!
Keeping some dry powder in reserve as there may be a few holders selling in 2019 with plans to buy back in 2020. Prices have dropped this year and some will lock in losses for tax purposes. I got to wait as my Roth needs more shares in 2020 and is maxed out 2017, 2018, and 2019.
Of course talking about regular broker accounts selling in 2019 buying back in 2020.
I'm with you and added 11,910 @ .042 to push me over 150,000 shares at avg cost .0716 and feel comfortable about making a profit.
SUNK COSTS have trapped investors in WRFX...is there anybody still happy about getting caught up in the hype? My guess people are sick and just wish somehow they can extract themselves from what I call a REAL MESS....
In other word wrfx diluted further by 106,425,000 shares.
Well there is always hope for the "dead cat bounce" unless all nine lives have been spent?
Bought some shares 2 years ago but sold out. Took a small position of 12,500 today.
Yep swallowed the cool aide
Yes, on the same page. Just wanted to emphasize we won't get anything from some liability insurance. I count my $15,000 loss permently gone as costly education.
My point was your guess that they have liability insurance might not be the solution for stockholders to get their money returned.
I'm saying wilful and intentional acts are excluded under insurance. Not accusing anyone.
To be clear talking about CEO and directors lying to public.
Was a CPCU, ARM, MBA in Insurance biz for 45 years...insurance doesn't cover fraud!
Getting any money lost on this pig back from any lawsuits is like trying to squeeze blood out of a turnip.
Great news and with no dilution...meanwhile Excelsior is posting pictures like crazy on Twitter today!
News is getting out and expect a rush to buy very soon.
Not sure who is selling at these prices but I'm averaging down with another 12,200 at .04055. Wonder if these shares are adding to dilution?
That is just a Market Maker signal given to MMs. No individual invester would buy so few shares.
$WRFX 2019
EARLY 2019 $0.0008
Price now $0.0002
Great strides so far this year. SMH
The big question is how many millions of dollars ended up.in Brads foreign Swiss bank account...
My fear is they will continue to dump more shares than the already 5.85B. Also, could they be currently dumping more and more now? We have no reports!
The sad truth is WRFX has received investors cash for every single share sold of the 5.85B outstanding. The average must be more than the current price. Even at $0.0004 the got over $3,000,000 and we got a Go Fund Me account and nothing in the bank but a wing and a prayer.
This is not a "dire" situation but plain old fashion "dead". The scam was for more than $3,000,000 and the money is gone and Punchzee is not giving anything back but more time to dump more shares to ever increasing sunk costs that continue to trick the Buyer.
Folks have been mesmerized or stuck their heads in the sand over this pig. Apparently 5.8B o/s has failed to register the dire reality of the situation. With no revs over the years the only way to stay alive was to float more shares. Since I bought into this scam the o/s has tripled from well below 2B to almost 6B shares! At $0.0002 the current Market Cap i$1.37 million. This ain't worth $1.37 million! Just how much Punchzee revs do you think is enough to raise WRFX from the dead?
Pumping this garbage is pure sin and anyone with a conscience would confess the obvious. JMHO.
What a stupid argument that white washes the fact there are 5.85B shares outstanding that Punchmee or any other concept will never lift the price.