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Yes it might take a while now because of the flipping it had a good chance at the open to run, the ask looked thin at 0003 but quickly got stacked. Once these flippers get out at 0002 then we can move up.
This ticker has to be one of the more attractive 0001-0002s 200m can go in minutes without news this can go much higher than 0003 just depends if people want to flip or hold for better profits
I believe it was only 200m on the ask with 2s last week there are other 000s with a billion on the ask this could move just need a few big hits. Last weeks vol really helped
This one can move just like the rest of the 0001s lately there’s one that’s trading at 0009 and was at 0001 2 weeks ago. Had over 500m at 0002 at one point, I sold out of fear of that wall. Those 2s evaporated quick once the whales came in. Not saying this will be a 10 bagger but anything is possible now.
Ask is dropping under 400m now
The ask looks pretty thin only 43m ? How do the 2s look?
Good steady buys during power hour except the seller at the end trying to keep it dow. this could move north pretty quick next week
It took me a while to figure out the trading patterns of this stock but I noticed when the pumpers come the stock heads south, very good potential with plenty of news but its to much selling going on.
On paper this should have a much higher pps but it’s moving in the opposite direction every week. MJJ stocks are still ok but COVID stocks are the bigger play and focus these days. 2 years ago CBGL would have been soaring
Volume came out of nowhere I was stuck in this for over a year with no bid no volume the whole time, had a sell order in for months finally got out. Still over 200m on 2s maybe it’s a pump coming.
Where’s all the big volume that’s supppsed to come in this morning I been here about a month and noticed every morning around the same time it’s a group that boast/talk about how this at cheap prices, it’s a steal. The group disappears at the same time. It’s news every week that’s actually good and promising and yet it’s no more than 500k vol. I think it’s a good company with potential but something doesn’t seem right.
Eventually this will move but 500k daily vol won’t cut it even if it’s mostly buys we need milli buy vol to get it moving north. I’m surprised with good news every week this is still trading under 0.20
Just got in last week I see there’s been consistent news, does this run pretty good news?
Are we there yet..zzzzzzzzzzzzzzzzzzz...lol
Yea its disappointing I was expecting this to be +0.60 by now just a lot of boring court hearings and proceedings, Im holding, I see a lot of red yesterday and today. Maybe end of month this will go up.
Similar situation over there with Lucky Brands bankruptcy. They have a serious bidder wanting to take over Lucky Brands. Article mentioned JCPNQ as a list of retailers that filed for bankruptcy in May.
https://apple.news/AxiiGQFiiQ3CDUNkH7BX7Og
Close wasn’t terrible, low vol like the other days but today looked a lot better with the guys making it a strong close.
Just based off reading the articles, it is the insiders that have dumping millions for the past few weeks. But JCPNQ also have these buyers so once the insiders are done, and we see something concrete from a buyer this will go up. Any real confirmation and we’re off to the races.
Made some profit from AAL, took a loss in HZT, hoping next week JCPNQ will make a nice run. Last week was pretty special for these plays. Nice it this one can get into the dollars.
When was the last time this ran and to what price?
Half a billion on the ask and counting, the small dumping everyday is going to add up. Need some solid news. We were almost ready to take off last month when we were at 0003.
I see there is much potential here with the PR coming out, if we break past 000’s then this can go to 0050 with no problem. There are many dedicated investors here that believe.
Never really cared for the 1 tick flippers but every time this happens to a stock I’m involved in, I get closer to becoming one. The shorts are winning this battle here. People played the short game and lost. I got in at 0001 so I can sit here till the end of the year and wait for another pump or I can loose the commission and move on to a better prospect.
People want 1s now, crazy how the ask jumped up 200m. Might be a scare tactic. We were almost into the 3s before that dump. News would have sent us flying when this was at 0003. I think some people were using short squeeze to pump.
I was hoping to be at 0004 by now, but nobody wanted to buy 3s. Betting against against a heavily shorted stock can get us good returns but we need some good news to get us over the hump.
The slow rise is fine with me but nothing beats a nice PR, this would move a lot faster. I seen another stock get some news last Friday at 0001 and it closed at 0007 today. Really wish that was us.
Ok I see 20k trade, yeah the wall is fake, throughout the day yesterday and today the ask was fluctuating on minor trades. Big buys and 3s will evaporate. I can tell there are strong hands here.
There was a 40m buy eod today on 3s?
Need some big smacks on 3s to keep us there, But it will come, 2s are almost history.
Ask over 100m back to the drawing board
True maybe with these stronger hands there won’t be as much flipping at 0002 as it would have been.
That trade will help keep the moral up here even if we don’t open at 0002 tomorrow
What was the last transaction? I see the volume is 405m and it closed at 000098.
Yes 1s will probably get taken out again and maybe a few 0002 smacks. but we will need news to get through 2s.
Got in a few days ago. Only concern with stocks like these that have billions on the ask is that the people or groups that buy thehuge blocks of 1s usually dump them at 0002 and it never recovers.
Know body wants to, a lot of people got impatient and the rest followed. Wonder if that 18m 2s buyer from last week have anything left to get us over the hump.
Well yeah a few more big hits on 2s like yesterday and this will move into 3s with no problem. I think people want to hit the 2s but are waiting for someone to step up and take charge. And there are a few that got impatient and got out.
2s are still thin, stronger hands are coming in, Lot of 2s bought yesterday. There not selling for a loss
2s are thin, this could fly into 00s on air
Boooom!!!!!!