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Strange L2 today! 16,400 shares @ 900 and 900 shares @ .005. Anyone have a clue?
As long as buyers keep placing orders at the bid, and as long as the MM's keep filling them, we will continue this downward spiral. We are very close to a no bid situation, only 28M shares left @ .0001.
That's because no one is allowed to trade until brokers get new paper.
Probably, but, who is able to sell right now?
To be honest I have no idea what is going on with these trades. It's just very strange to see the pps drop 10% for no reason.
I have Scottrade as well and have been thru reverse splits with them. I don't recall exactly how long it took to start trading again, but, I do recall that all the money was gone before I could sell. Hoping that doesn't happen here but the L2 is showing a drop to .018 after 14,500 trades at .02. Not looking good.
Looks like all the negative post' this weekend scared some newbees out at .0001. I'm a long here with an average of .00085. I'm very happy to see all the work management has done to revive LKEN. We have a great opportunity to make some money here once the naysayers bail.
Nice find, thanks for sharing that article. Clear and concise info for everyone, especially new investors.
I agree with you! As I said there is no proof of dilution.
You are right. Appearances can be deceiving, there is no proof of dilution.
Right! I don't see any reason to panic yet, but, that could change rapidly. It's easy for doubt to take over, when reading some of the comments on this board. Your DD and experience should be your guide and not anyone else's blather. I enjoy the entertainment value of these boards, but, actually am more successful if I stay away from them. LOL
It could be for a dozen reasons. They may need cash now for an opportunity.
All you people crying dilution here are aware I hope that you are investors. As investors the company uses your money to grow their business. You act like this is robbery! Do you think companies are in business for the sole purpose of making you money with no risk? IMO
The fox is in the hen house and nothing will be done about it. Already tried earlier today. Hopefully UNQT can still pull away from the flippers.
This doesn't mean anything. Many of those sells are actually buys!
I'll bet there are buy orders in at the bid that MM's aren't filling! If they would hit the ASK we could get this moving!
Scottraders can put in a high sell order on all their shares and then Nite won't be able to air sell their shares.
Reporting companies have 6 weeks from the end of their quarter to report financials. This would be 15 Aug, and they can be up to 10 days late, if my memory serves me correctly.
MM's bought a bunch of 5's and 6's which they still own, this will go back up. I don't see them taking a loss here.
Nice! Congrats.
I'd say he probably bought some .0004's yesterday for a flip at .0006 or .0007.
The disgruntled posters here are flippers who lost their gravy train. No more 100% gains as it bounces from .0001 to .0002 and the repeats over and over AGAIN. Sorry guys, this is going on up, might as well join us.
IHUB L2 back up!
I think the IHUB L2 being down is affecting trading. I feel blind here!
Bid whackers, slap the ASK!
I think there were alot of buys at the bid, which shows as a sell. These buys at the bid also get added to the ask which is why the ask was at 65m @ .0005. More buying at the ask would move this up a whole lot quicker. IMO
Bid whackers trying to save .0001 of a cent keep taking us back.
You wanted 5M shares @ .002, here's your opportunity!
It will stop when people stop buying on the bid! IMO
I agree with you on the flippers especially. It appears they bought around 5 million shares on the bid today and drove down the PPS after all the hard work of longs last week to work down that wall. IMO
B.S.!!
Looks like this is going to be a very popular APP and a huge money maker for ANDI. Go ANDI!!
Number 6 on I-hub most read boards today! Lots of lookers.
It just bounces back to .0025. Let's keep it going. Go ANDI!
When I hit the .0025 ask for 40,000 shares I thought maybe we would get more people to step up. Only needed a few hundred K to take them out at the time. After a few minutes of no activity ETMM added a few million to the ask, then someone sold $60 worth and took it down to 23. Crazy! We need that investor awareness outfit to get the word out on this stock.
Only 1M shares left on ETMM .0021 wall. Sure would like to see whats on the other side.
No PM to respond to you, but, thanks for your comments!
I see your point. Don't mind me, I get a little grumpy when I'm in a stock that seems to be stalled out. That wall keeps moving and I was hoping we could get it to .0023 yesterday with just a few ask buys early in the day. Looking at it in the long view it really doesn't matter, they will let it move when they finish buying what they want. GLTA and Go ANDI!
I wish more people would buy on the ask price to help advance the PPS. All bid sales get added to the ask for someone else to buy.
That will be a group effort to take down that wall. As soon as were start seeing some of the investor awareness campaign kicking off it will disappear. ETMM has a load to sell but is also buying everything they can get their hands on.