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The term used and this point is "due diligence". JMO
Some big bids.
I wonder why we need to wait until mid May?
Most tweets in the OTC are nothing more than a cheap pump. No need to tweet just post the news on the wire. It is not complicated. JMO
I never count on any dates associated with a tweet. JMO
New filing just posted
https://www.otcmarkets.com/stock/MONI/disclosure
Thanks bb, what are your thoughts on NAFS?
Can you buy this ticker at TD ?
Now that the CEO has access the the OTC profile he can communicate with the shareholders. Changes at the otc will allow him to be more transparent concerning the merger and that info will
reflect in a higher pps. JMO
Everything happens down here for a reason. Once the volume started the it was clear that the merge was in the final stages. Now with this tweet the deal is done IMO and all that is left is determining the actual value of the assets coming into the shell. Good times are just around the corner with this tiny float. GLTA JMO.
This is perfectly normal trading Agent. We went from 3 to 11 in wave 1 (elliot wave theory). Wave two is usually 50% of wave 1 which put the PPS between 6-7. Now wave three should be double wave wave1 so do the math. So much for the immediate gratification investors. JMO
I am sure once this gets close to completion the PPS will creep up. There is just too little shares to fill any buying pressure. Look for volume to continue as a sign the merge is moving forward. JMO
I agree, remember the CEO stated after the last two mergers failed this time no updates until the deal is sealed. Good luck trying to chase the micro float. JMO.
Yes, why are people selling?
Volume
Daily average 144,000 Today: 354,000 up 264%
Thank you
Time for some updates, hopefully the Co will follow through either today or tomorrow. JMO
Agree bb 100%
Certainly record volume today. I did email him a week ago with no response which is unusual, my thought is we are getting close. JMHO
I certainly hope they post news on or before 15th but it would not be the first time an otc stock misses a deadline. JMO
Thought by now we have some news? Dates means nothing in the otc.
Thanks for the clarification bb.
This sounds too good to be true bb?
Yes BB, we have completed wave 1, now wave 2 should be close to double wave 1 which could put the PPS around 24. GLTA JMO
I agree Trend, the only way this will move is with a material news event. JMO.
Past performance is a good indication of future behavior just look at the last time this happened and people sold. In this cesspool exchange it is ALL manipulation John, whether it be individuals or MM's it doesn't matter the result is always the same. Any entity that can sell a huge amount of shares can crash the PPS especially if there is a coordinated effort because there are never enough bidders. Simple math. Also I do agree that Cisco gold is a very big deal. JMO
I hope so but the best solution is to get out of this toilet bowl exchange. JMO
Everyone thought the MM's had to cover at a higher PPS and take a hit, wishful thinking. JMO
Agree 100% the MM's never take a loss because they have an infinite bank account. JMO
Volume 10.2 million daily ave 3.3 million, PPS up 9.34%.
He said the same to me BB. we are now working on something but this time he will make sure that this merge will be a lock when the announcement comes. We are fortunate to have a CEO of this quality. JMO
I hope you are correct Wingtrade, it is just frustrating to see all this selling. Time will tell soon enough. JMO
This is a controlled dumping of stock by the MM's, any run up is quickly met by selling into the bid. 30+ million traded with a daily ave of 25 mil and no movement of the PPS. JMO
Do you think the Co is dumping?
Relentless selling.
Thanks for the DD KeepItRealistic.
Ave daily volume 270,000 shares, yesterday 935,000 shares up 353 %.
Appears both volume and PPS are coming back to life. We are close, just surprised this is still under the radar. JMO
Wait till the OTC updates the site then the fireworks will begin. JMO