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Have to agree, I have capitulated the fact that the typical bio tech cycle of raising cash through more dilution is going to continue at a more accelerated rate as the sp goes lower from the process of doing the same. Oh well... think I will not average down till we're at trips....0007 or less. I think we will be there easily by November. Not what I wanted to think of, but charts seem to point there now. Sorry this is happening, might be better to take losses here and buy back much lower, if she even survives.
Nice post, I see you did your homework :)
Who would buy that many shares from insiders dumping? Its insiders that are doing the buying as part of the new partnership deal recently announced, and want a guarantee of a boatload of cheap shares before they powerhouse earnings with their mega sales crew. Mostly the same folks that bought up to .20 ...and more or less 1000's of biotechs do the same ...it's called funding expansion. Always temporary till loaded up. Then they run it up and have instant shares in the green of tightly held shares that are up 400% and are going to keep going up in value. Everyone has to have motivation before they a make long term commitment to work their tails off... The whales have arrived in a very positive form.
Company did the right thing hiring Apple Enterprise Healthcare Partner recently to help accelerate earnings.
Yep, bout to make a massive reversal...all bears get off the tracks or get run over
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Exactly what I say, I see the price down here as a great buy and took a chunk off the market.
Sorry, but I disagree, because no one can hide the truth from the accumulation/ distribution chart. and I see no dilution problem at all, whatsoever. Zero. I would check the shorts after this huge run up we had though.
Well said Ohio. Nice job
I'm good for a few down here. No problem at all...buy low sell high.
I'm surprised to hear you say that about Twitter, since it has been formally approved by the SEC as an approved way of disseminating information to investors for a few years now.
Exactly, as the accumulation/ distribution chart doesn't show any dilution going on. There may have been a few short sellers finally enticed into the game though, they could be in for a nice surprise on the uptick soon :)
Bought the dip today!
I own a few too, some whales were loading low trips. But there weren't a massive amount of shares available.
AITX is just waiting for one of these larger contracts to sign on...this has a small float and with a lot of upside here. The sp is holding up fairly well for not having a string of recent news, and then the overall market took a huge hit today with the comp roaring back all by itself. That says a lot for tech. Most the shares accumulated in the last month are in strong hands and aren't being flipped. That's a plus too. You can tell by the a/d line. Some very good news in the making...is in progress, just a feeling I have by way it's being shaken out. I have seen this before.
Higher highs and higher lows are the stuff for a good chart...
Relax, this is a good company, good product, good customer base. But you and I have to do our own dd know what we own. No one can do that for us. That's why its good to check out the a/d charts for oneself. Its powerful information. So is being able to read and memorize at least the 1st major dozen algorithyms and recognize them on sight, so you can have some confidence about timing your stock purchases to gain max profit and reduce risk to a minimum. Cheers!
Buy low, sell high. buy good dips, and shoot sell orders from the hip... will most always bring a hit...to the bullseye short or long term, the profits will always be firm.
AITX's Low float, growing quality customer base. And ceo not abusing his status by issuing massive shares. Normal churning to me...taking a close look at the accumulation /distribution chart, there does not appear to be any inversion going on as the share price goes up or down. That means the float is still about the same. Not the same results when there is mass dilution...the accumulation chart just keeps going up. Whereas when healthy or normal consolidation is happening the a/c line follows and drops accordingly. Have watched this for decades before I fully understood its value for timing penny stocks.
Am happy with stock price, am looking at a 5 yr window and 1000 bagger gains, although I will take some off the table at .05 ...I think that even as this yr gets started it won't disappoint even short term players when we're done. Cheers
I don't plan on cutting loose any shares anywhere except a few @ .05 and above. Have to agree about good news. Some robotics are doing so good that short sellers may be so spooked that they may be paying off an analyst here and there just to cover so they don't get wiped out...like IRBT today. Just goes to show, shorting a vacuum cleaner company can be dumb idea.
Got to remember we're in on the ground floor, and company has a good product and other eyes in the same industry are watching because of sales to large companies. I like to think of the opportunity like space shuttle lift off. You don't really know for sure how much sales momentum can do till all the sudden she's in outerspace...along with the sp. That's when all the attention shines at max.
Don't quite see that,, but do expect this to a 1000 bagger down the road, as they are working a part of the robotics market that"s going a very long ways in future demand...as far as the immediate time frame goes for a quick flip, just one of those large transportation contract orders would make a 10 bagger overnight. I'm sure most like that action over thinking longer term, and is great. But we are all here to make a profit, no matter the time frame.
Looking good here today, only a couple mill flipping on 4 days up looks good. Would love to see a new bull flag start right about here with higher highs and lows.
Don't think so, but I also don't know what time deadline is put on mandatory reporting for such. And of course if the purchase is a group transaction, none would show up.
Agree, continuation of the Boom resumes.
Fingerprint and iris id apps are going to be part of the future and are already being used for iphones. Tech is moving very fast. Security bots can take whatever command they are requested to do, If a busing company goes to mandatory print app id storage, or even if its just snapping your mug as you get on a bus, and then retrieved thru the cloud for a specific period of time for persons of interest...that's life, and if the boarder jumps off the bus his mug still gets taken and sent back thru the cloud. AITX is getting these bid requests, its because they have nicely priced user friendly products that get the job done, and have a great sales pipeline developing. Nice.
What has my interest is purchase agreement talks with transportation security on city busing routes. I can see wifi connected data feeding the bus computer, interactive between law enforcement and a RAD unit having freshly downloaded fingerprint, iris, and facial recognition data for persons of interest regarding arrest warrants, parole violations, and suspects in amber alerts or other. Piece of cake, thanks to the cloud. RAD pricing gets the job done, and allows for more units to be installed for the same money.
Same here. Best close in 2 weeks with continuation of 2019 uptrend intact.
Things seem to be aligning for that to happen now. Very good industry, and company is getting some top clients.
Kind of looks like the cheap share fills are about done. May get a bullish reversal signal today after the harami that showed up.
Agree very easily.
That's old news, who is funding the company right now is the question to ask. Who just bought 200 million shares in the last month? Theres your million $ question ....
I have some great ideas on who is buying up shares of AITX, its just insurance for the future, and they can easily afford it. They are in the same business.
RAD is legit. No problem there. These are nice bots, and interact with security systems quite well. Market cap of this company is well under the radar. Massive upside is possible. The robotics industry is forecast for 500% growth for the next 18 months to over 158 bill. Then add the fact this company is pulling some fortune 500 customers away from a 3.5 billion $ company that with a pe of 39.... pps will take care of itself.
Eyewitnesses at the site saw clothing and papers blowing out of plane, along with fire and smoke coming from the tail of the plane before the crash. Also people on the ground were able to retrieve documents of passengers littered all over the ground.
If that's true, that's a huge factor.
Now the fact that last year Homeland Security released information that it successfully hacked a boeing 737's on the tarmac without even going into the plane doesn't look so good. Why brag about something terrorist could develop. It's also common knowledge that as planes use more satellite info to run their planes, computers that the planes own wifi system use could be hacked by a cyber terror passenger using wifi while the plane is in the air. We may eventually see a complete ban of all iphones and laptops in the passenger section and be placed in baggage. And hopefully terrorist haven't gotten a pirated version of the military's elecromagnetic cannon. That would be hell on wheels from the ground at takeoff to a few hundred feet up. The last most lethal item is the possibility of a hardwired or downloaded malware, (such as the malware Huawei hard wired into a 200,000 cell phones a few years ago to steal banking info from the iphones buyers) hidden in the planes computer system with its own timer to turn it on during flight and send it's own internal instructions to disrupt flight control....ouch
Today looks like a bearish reversal deliberation block, we will see if it holds Monday. If sellers slam the bid right off the open..all bets are off.
Could be, still I realize people can use their shares anyway they choose to to generate cash. And with a high p/e they will, no question about. Those can be days you might wish to not like a trade to blow up in your face.
Being manipulated by large institutional hedge AI programs big time today. Is actually inverting against the nasdaq. Magubaba or whatever arab holding llc it is, is most likely going to do whatever they want now that they can hedge with a majority stake. If they are not careful they will kill the stock like we once knew it.