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bought some today...
no problem
do you want a print screen of my tdameritrade?
ha,... you'll say that I'm using photoshop...
I don't like to wait to those market makers. I'm doing my own market maker.
or the price goes down and I load at a lower price, or it goes up and I sell my shares.
what best do you want? lol
and if I load 97m at 0.0002, will place an order to sell at 0.0003.
that could me a profit of $9700.
If it falls to 0.0001, will load again.
we'll see
bought 36m at 0.0003, and placed an order to buy 97m at 0.0002
then placed an order to sell 36m at 0.0004
or it's going down, and I load at 0.0002, or it's going up and I have a profit of $3600
Usually, to learn how to trade, you have to loose money to have the good reflex.
As I already told, you can't "invest" in an OTC or Pink the same way you invest in a share quoted in NASDAQ or NYSE.
Usually, the shares quoted on the NASDAQ or NYSE have a real project, a real product or provide a service, earn money or loose money, but they sell "something".
In the case of an OTC or a Pink, usually they don't sell anything or in a small quatity, they have so many projects (gold, oil, software, real estate,) and in fact they have "so many projects" that no one is ok.
So buy OTC or pink at a low level, a stock with volume, and wait untill the next jump. Then sell!
If the stock continues to jump, too bad, let's find another one.
if like MMUH the stock goes back to the same level, try to buy at 0.0003 or 0.0004.
good job!
you're one of the masters .-)
what I say, is with Otc , for me, the best thing is to take the profits, wait untill the otc is backto low levels and/or search another otc.
What did I said?
happy to sold my shares at 0.0006.
will buy some at 0.0004 again and or 0.0003
I thought too...
I sold 200'000 shares at 0.0010
but:
1.- I had to sell 45M shares. not so easy...
2.- I think we'll have a pull-back and we will reach again the 0.0003 - 0.0004 zone. Perhaps I'm wrong, but, I prefer sell my stocks and have a $10k profit, instead of wait and we go back to that 0.0004 level.
If MMUH goes to 0.0020, too bad for me and good for you. With NASDAQ or NYSE stock I can wait. With Pinksheets, you take your profit and run!!!
Hi,
Sold on friday my 45M shares at an average price of 0.00065
took my $10k profit and i think this mmuh is going back to 0.0003-0.0004.
hi mate,
Yes, I set an order to sell my 45M shares at 0.0010.
of course 0.0020 is possible, but sometimes you have just to take some money and feel happy.
so I'll keep my 0.0010 target.
hey guys!!!!!
yesterday was not in front of my computer.
and this morning (swiss time) I had the good surprise to see that finnaly MMUH has decided to wake up.
Good news .-)
if I can, yes
placed an order to sell my 45M shares... @ 0.0010..will see if one day it jumb till that level...
I've bought some shares @ 0.0004, and if I could sell those shares at the same price, I'll be happy.
Don't know, but seems that no news is not good news.
Well, as I can sell at 0.0004, I'll wait for a small jump.
0.0004-0.0006 you mean?
. well. is it going to go up or what?
""Never seen such a promising Company like MMUH""...
Okay..maybe I've talked too quickly... .-)
Never seen such a promising company like MMUH.
If one day, the FDA gives the okay...
but before that, we'll have the mass cigarett's lobby...
hi guys,
could be interesting to buy at those levels...
I'm new on this stock...
What do you think?
What are your average price?...I mean between and between?
behind those 100k shares, should be warren B. behind
I agree with you.
But can you imagine nano leaving the company so easily?
I don't trust so...
sorry for the typing errors (big fingers..lol)
stock is around 0.80 - 0.85
I think this is possible that the price goes to USD1 today.
with so low volume, if "an insider" wants to buy $50K or $100k, the price could go to $1.
and now we know "the futur " of the company.
---> OTC ...so even if this is a bad news, we don't have anymore this "pressure" to know what's going on?
don't you think?
should open by -20%...
""The CTT Board of Directors stated that they are disappointed with the Exchange's decision""
poor little boys...
tooooo bad!
Hi,
Can reach 0.0001, why not?
They want to sell 2Million shares to a fund.
I'm just a person with some money that want to bet instead of invest.
If you feel happy to ignore somebody just because of his posts, feel free to do it.
For sure I'll spleep well tonight...
regards
seems it's going to open -30% no?
To be honest, I bought some yesterday @ $1.
so I'm not yet, the one who lost the most...
so for you, that's obvious that the company is going to be listed in the OTC and not more in the AMEX?
CTT on a Teeter Totter-- Short Squeeze Coming or Another Leg Down? 1 comment
Aug 24, 2010 11:56 AM | about stocks: ABIO, ABT, ADLR, AFFX, AMGN, ARIA, ARYX, BAX, BCR, BDX, BSX, CELG, CLDX, CMN, CNMD, CTIC, CTT, CYBX, DCTH, DNDN, ENZ, ETRM, EXEL, GE, GILD, GNVC, GSK, HAE, HGSI, IART, IBPI, IRIX, JNJ, KOOL, MAKO, MATK, MDT, MLNM, NBIX, NVS, PDLI, PFE, PGNX, PHG, PMTI, RDNT, RTN, SOMX, HPQ, SQNM, STJ
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What is going on at Competitive Technologies, Inc. (AMEX:CTT) is an example of positive fundamentals being trumped by a mismanaged private placement.
Ever since CTT announced a Private Placement to raise capital and that the AMEX was considering delisting if the company did not meet shareholder equity minimums, the stock has been understandably under pressure.
The selling has largely come from the liquidaqtion of more than 900,000 shares by institutional holders that did not want to have an investment in their portfolio with the cloud of a possible delisting, along with scared investors and short selling. Fundamentally, these money managers and mutual funds apparently were comfortable with CTT's chronic pain management technology and were long term investors. But stepping aside until after there is no delisting threat was their strategy--and a smart strategy considering the 50% decline in the stock over the past two and half months.
The short interest in CTT has risen from 63,948 shares (as of May 28) to 221,926 shares short (as of July 30).The short interest is due to be updated any day now, and the prospect of the short interest being over 300,000 is pretty high.
Now, everyone is in a "wait and see" posture. The original concern of a possible stock delisting was the institutional shareholders exiting all at once. But the stock has already been dumped by those holders.
CTT announced the private placement on June 2 and on June 4, CTT received the AMEX delisitng notice (AMEX has postponed the hearing until August 25). Since June 2, CTT has declined from $3.25 to the current price (August 24) of $1.51. So, until there is clarity on the capital raise and AMEX listing (which should be by the end of this week), the stock will be in difficulty.
The salient point here is that there are times that investors are afforded another opportunity to enter an investment position on factors divorced from the fundamentals. The "special situation" is the negative perception currently and aggressive investors taking bets on the short side.
CTT does not need alot of capital. The company is not going bankrupt and continues to make sales progress with its Calmare device.Even after a completed private placement, the total shares issued and outstanding will not be over 13.6 million shares. But it is undeniable that the AMEX requirement for a minimum level of shareholder's equity is the immediate hurdle and the all-consuming focus by managment and investors.
If the company announces the successful completion of the private placement and the reassurance to shareholders that the AMEX listing is intact,the stock would most likely rebound sharply--from renewed buying, short covering and possible reentry by institutional holders.
If CTT loses its listing, there will be a distribution as investors with no interest in being an investor of a OTCBB stock depart and new investors and traders come in to participate as the company continues its sales and marketing of the Calmare pain management system which was recently highlighted at the American Society of Clinical Oncology (ASCO).
My position in the stock (no position) mirrors my strategy. I will wait for the cloud to lift (whatever the outcome) before returning to a company that has, in my view, a revolutionary non-narcotic and non-invasive alternative therapy for chronic pain relief that has the potential to see exponential sales growth in the near term
Another quick question.
If the report for the third quarter (end april) has been released on the 14.06.2010, does it mean that for the fourth and year end report, should be released mid-september?
Regards