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Ace, I have 15.2 million, so you can almost count me as 1 of the 22. : )
Thanks, Sully. Very, very interesting. Yes, doesn't seem legal, does it? We're in the wrong business. : )
Sully, I have a question about MM's:
Why do they work so hard to keep stocks down vs. building stocks up? And I'm not just talking about this stock...seems like in the OTC land, it's across the board. Is it just easier for them to make money on the way down than on the way up? I understand the purpose of an MM is to "make" a market vs. manipulate it. But there's no doubt that manipulation occurs. Just curious why that manipulation always seem to be pressure from above vs. support from below.
Cheeky, you're misinterpreting my post. There is no doubt what happened yesterday. Go back to the posts that occurred 1 to 2 hours before market open. Then look at yesterday's trading action.
I am long 1M shares, and yesterday was hard to watch. I just want to throw an objection "do your DD" to people just coming to this board vs. watching them buy into hype, then getting hammered later in the day. That's not a healthy way for this stock to trade. A healthier way for us who are long would be a slow, steady rise with good bases formed along the way.
New investors to this stock:
Be aware of the huge pumping before the market open. Please do your DD. The same thing happened yesterday by the same folks pumping this morning. I hope the stock rises as well...I am long 1M shares! But my guess is that these folks pumping will be the ones selling into a rally and taking your money, so please be very careful. Honestly, I'd rather see a slow, steady rise to create a good solid base on the charts vs. a 20% rise followed by a huge dump (like we saw yesterday).
Guess this explains yesterday's action. Did the MM's know this news would be out today, so hammered the stock in the afternoon to lower levels so they cover their short positions? Manipulation at its finest.
MM's win again. Gosh, frustrating. But still keeping the faith. But only keeping it to the point that I'll sell into rallies, watch the MM's tear it back down, and buy more.
Thank you. Who was hammering this thing at 9 and 8? Small retail trades or block MM trades?
What is happening here? Anyone with L2? I didn't like yesterday's close, and thought hard about selling into the rally this morning (I will start selling into the rallies from now, wait for a pullback, and accumulate more shares). They are pounding this thing, but I'm having a hard time understanding why.
Okay, if you can't beat 'em, join 'em.
I have tried to remain patient with this stock, but I'm leaving a fair amount of cash on the table. So new strategy for me with this stock. I will be selling into the rallies. My intention is not to hurt any shareholders that are holding for the long haul. Instead, my intention is to accumulate more shares. I will sell into the rally, wait for a pullback, then come in strong again. I will increase my holding size in this stock. I currently have 15.2 million shares, so I can be fairly flexible with the in & out sizes and timing.
We should all be very careful of the huge amount of pumping in the 1 to 2 hours before market open. I have a feeling those pumpers sold the open, took their quick profit, headed over to the IHUB top 15 page to see what other stocks had a little momentum so they can do the same all over again.
Hold tight, folks! Hopefully we'll get some good news soon.
Wow, what happened to the momentum we had the past couple of days? Did we have a flat tire? Someone with L2 - what's going on with this? Something has taken the steam out.
Ha ha! That was a serious shake! Hold tight, folks!
klce - you didn't hear? DTSL is starting a dividend. They have given it the nickname "wait-and-see". LOL! : )
I agree, Sully. Lots of great things happening here. Thanks for the constant reminder for us all to be patient. It WILL pay huge dividends!
Board is very quiet this morning. A lot of people might be missing out on this one. Was much more active yesterday when we showed up on the top 15 IHUB board.
Thanks for the info, Sully. Interesting. Trying to cover their shorts before the burst?
Um, WTH kinda close was that? Not a good close considering the momentum we had going into today. Someone with L2, I'd be curious what the heck happened the last 1/2 hour. Thanks!
Okay, we need a little better close here. Everyone join me in chanting...
Deeee - Teeee - Essss - Ellll!!
Deeee - Teeee - Essss - Ellll!!
Deeee - Teeee - Essss - Ellll!!
Oh yeah, and smack the ask as well. : )
We really need a close at 12 or 13 today to keep the momentum into tomorrow.
Gonzo, each time it takes 1 tick down, you're here to post that the momentum is done. Dude, wake up and smell the coffee. This stock was at .0005 just a couple weeks ago. It is now at .0012. That is momentum. And guess what...momentum has a little pullback every now and then. It can't just tick upwards for ever and ever with no ticks down with some profit taking. Are you and momo10 related?
I have followed this board for quite awhile, but only recently decided to jump in and start posting. I have been a longtime shareholder of this company (even back when they were UDSG). And yes, I owned quite a few shares that are basically worthless from when they changed names/trading symbols. But I have picked up "free" shares at these low prices, and I love my position. I like where the company is going, the things in the works, the push to move to the pinks, etc. Short term, IMHO, I believe .002-.003 is possible if we can keep some momentum. Long term, I believe .05 is possible once we start to see several quarters and revenue and profit.
Lawnboy, that is perhaps the best advice I've seen on this board in awhile. So, so true! Pick any of these stocks with momentum, and that happens over and over again. Great advice!
Sully & Gorilla, good point. Thanks for bringing up that reminder. Makes me shudder. : ) LOL Yes, that is right when VERT had a TON of shares to sell. But that will still serve as resistance on the charts, so we'll see what the MM's do with it this time. I suspect hitting it, pulling back to .0012 to .0013, then another strong push. Might give us a chance to pick up more cheapies (although I own so many that I might just sit tight).
Interested to see what happens at .0017 this time. The last couple times, it has been very strong resistance, and sent us back to .0005 in a hurry. The momentum seems to be a little different this time. Guess we'll see this week hopefully.
Go baby go!
Lot of hoopla on this board after yesterday's break. Will be watching this stock closely. Chart looks good.
Ha ha, momo10! Goodness gracious. Please post useful information on the board. Stop the nonsense.
Summary of posts over the past week:
11/8 post - this stock is going to .002.
11/9 post - I will add more under .002
11/10 post - today I expect under .003
11/15 post @ 8:31am - this stock is .01 by Friday, .10 by by end of year.
11/15 post @ 3:50pm - DUMPING SHARES!
Wow man!
Very disappointing day with this stock given all the hype heading into today.
In fact, if I go back and read your post on 11/8, your prediction was that this stock would be under .003 last week and under .002 this week. Ha!
Is this the same Momo that was posting on here multiple times per day the past few weeks to bash this stock, say what a POS this stock is, the company is a scam, etc? Just go back and check Momo posts over the past 2-3 weeks.
Funny how people like you can turn on a dime when a stock suddenly starts getting a lot of attention and the charts look good.
I appreciate the DD some people provide on this board (and other boards). However, we could do without some schizo back-n-forth from some people. It is not helpful, especially to new people coming to the board to gain some insight.
Ha ha! They just filled it...thank you!
Have a buy order in for 1.7 mil shares at .0007. It was at .0006/.0007 for about 3-4 minutes, but they didn't fill it.
Yep, 60% in a few days is not too shabby. But this thing has much more room to run!
Dear MM's, thank you for giving me the chance to pick up several million more shares a couple days ago at .0005! Much appreciation!
Sorry for the double post. Not sure what happened there.
Ohiostate, I own some in my IRA. I bought 10 million shares to hold in my IRA for long term. If this thing gets really carried away one day and we get lucky and see $.10, I will have done quite well with this stock in my retirement account. And it was a small amount of $ to put at risk in case the company doesn't pan out. I also own some for shorter-term gains.
Puzzled by today's action.
Question for you DTSL traders:
The last couple times we approached .0013, it was smacked back down to .0005 - .0007 in a HURRY! Is there anything different this time as we build momentum to hit that short-term resistance again? Should we be preparing to sell at .0012 - .0013, or should we have enough steam to head to higher ground?
I have an online account with Etrade, and they have removed that restriction. I can now buy DTSL online without having to spend a 1/2 hour on the phone with a trader.