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Need to get out of trips. Two updates last week, news on retiring shares and we can't stop churning 3s despite over 4 billion shares trading in two weeks. I like the potential but we are a long way from penny land
DRNK
Agreed. We should open 2x3 tomorrow. 2s got wiped just before the close and then only about 5 million more popped up at the buzzer. 3s should be on the ask bright early with more whales looking to scoop em up
AHIX
Absolutely. It closed strong. There was 61 million left at the ask with about 20 minutes left and it got wiped out. A close of .0003 was within reach but we had the last minute sellers hit the bid. Should see some nice action tomorrow once all the volume alerts go off tonight
AHIX
Had some good action at .0004 this morning until the endless 3s showed back up. Still in load up mode and not quite ready for the next leg up like I thought we'd see this morning
DRNK
Agreed but with billions traded at this level, we will need to churn through the typical 1-2 tick flippers that got in at .0001 and even today. So .0003 and .0004 will probably take some work.
AHIX
AHIX set to take off
Welcome aboard, gail!
BAYP
That was said last week and the bid at 2 just kept getting bigger
BAYP
Still looking for 2s, huh?
BAYP
Churn these 3-5s this week and we will be very strong going into the acquisitions news
DRNK
Remember last week, over 600 million traded at .0003. The ask didn't look big but it kept replenishing throughout the days. That was retailers (and possibly note holders) cashing out. Looks like they are done and we can truly start to chug north again. Those bidders at 2 will eventually have to slide up and support the 3s or pay for 4s before news of the acquisitions. Once that happens, walls will start to drop and we will move quickly similar to how we did last Monday except this time the base will be 3/4s instead of 1/2s. Last week and this week is the time to accumulate for the next run
DRNK
Bid will start to grow at 3. Nobody wants to sell them to the 2s. Bid moves up, builds, ask starts getting smacked. Just had to those sellers get out. Hopefully the majority of them got their fix and we can start to go north where we belong
DRNK
Nice 20 million slap of the ask pre-market. That's how you start the week
DRNK
Volume before price and we got plenty of volume the past couple of weeks
DRNK
Not even close. Close to 200 million on the bid at 2
BAYP
Agreed. Hopefully the majority of those 1-2 tick flippers are good and we can't start to move up
DRNK
Was the most mentioned stock on twitter last weekend. We had a ton of eyes on us going into last Monday and it ran 60% up until the sellers started stacking the ask and ultimately having us close down 40%. But 3 billion in volume shows there was a lot of interest in DRNK this past week.
Agreed. A break of 4 will bring more players here and 5s will drop quickly. 52-week high is right around the corner IMO
BAYP
And that's the thing, it's not just the app. These acquisitions that are coming are also bringing already established revenues so we will have more than one means of making money. Clean up the financials, clean up the share structure and complete these acquisitions and this appears to be heading a lot higher than many expect
DRNK
Hopefully it doesn't take another 3 billion in volume only to drop 40% for the week. Sellers are really letting out the stem here
DRNK
Pretty much. 3 billion in volume this past week. No way he'll we should still be at .0003. Hopefully they these are note holders closing out their books to get this company's financials clean or something
DRNK
2 billion+ traded this week
We have traded that entire float since last Tuesday
About 200 million away unless some of these sellers pull their orders. Very possible with some ask pressure
Bid: 243 million
Ask: 78 million
Major support at 2 but who wants 3s? Solid news should send us
DRNK
There is enough support on the bid to push us through the 4s. I saw 340 million at one point. I'm still seeing about 243 million
.0002 bid has held strong all week. The problem is the retailers and VFIN who continue to stack the ask. Even with two updates and about 3 billion shares traded, we are going to end the week about 40% lower than we started, maybe 60%
Yup. There was a lot of changes that needed to take place including the change to the share structure and business model. Neither can take place over night but to put the plan in motion is a huge step and a great sign.
DRNK
4s up. Apply pressure and the sell orders will start to be pulled
DRNK
3s got cleared out with 127 million showing at 4 but now 3s are back on the ask. People are settling for peanuts here. So much volume that this thing wants to move but sellers aren't letting it
DRNK
Over 60 million in ask smacks today. Looking like 4s could be up here shortly
DRNK
Should definitely see another 300-500 million day
DRNK
Approaching 3 billion in volume this week. Massive accumulation
IHub L2 says that went through at .0002. I don't think it means anything as retailers can't trade pre-market anyways so just MMs swapping shares or something else?
DRNK
Another 300-500 million day should close us at 5/6. No reason to trade 3 billion shares this week and end with a red candle on the weekly. That would cause us to lose attention IMO. Need to close at 5/6 to keep this momentum heading into DEC 15th
DRNK
Agreed. Volume before price...well we have had plenty of that. Stock should be on the move
DRNK
Agreed. Building a higher base is huge. But 2.6 billion shares traded should not leave us with a red week. That's crazy.
Definitely. I get it, profit is profit but with this much buying pressure and news twice in one week, we should be at .001 by now. 2.6 billion shares traded this week!
DRNK
Need the sellers to let this breathe a bit. Stacking the ask over and over is a horrible strategy. With the buying pressure this week, we could easily be over .001 where everyone is making way more money than 1-2 ticks like they are now.
I bought a ton and it posted as a lot of smaller orders although I was completely filled immediately. That was odd
DRNK