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Correction 20 million now, someone wants to see this down.
Yep, NITE is a problem. 11 million on the Ask on Friday and 15 million today. I'll say it again, sellers break up your "ask blocks" if you want to see this trade with some momentum and aim higher. Be willing to pay the extra commissions and don't get greedy. We traded 15 million total shares on Friday and today we have one market maker (NITE) on the ask for the same amount. NITE is not combining sellers so that most likely one seller. GLTU
What's up with NITE's wall on the ask and how long has he been here? I know there are many who bought in lower ranges but if you are going to sell, break up your selling blocks. Right now, all NITE serves as, is an intentional road block to higher highs from here.
I got mine!
Yes, because the current volume since the R/S supports that theory ??
I would guess that the Bid support is also "current" or "recent investors". If you were a new investor, your inclination to invest in a pink sheet stock trading around .05 showing the old "outstanding share count" and "Float" would be unlikely. I'm sure in the near future, if the company is able to "product launch" we will see an interest from investors, etc.
There is still a 2 million Bid at .0004 all or nothing buy order. Volume sets off alarms!
There is a 2 million Bid at the current Ask, but you won't see it on L2 because it's an "all or nothing" buy order. Volume can set off alerts too! GLTU
Just a few ideas and opinions. As Orca pointed out the float is exceptionally low following the R/S. It's obvious the company isn't currently diluting at these levels. The Bid is sitting at .031 which is equivalent to .00031 prior to the R/S. As far as I remember, no one was buying in at those low levels, so no one is willing to sell at that type of loss. Especially, considering some of the attractions in the Quarterly with the exception of the convertible debt. Like I previously stated, this stock could have easily ran to .03 prior to the R/S with the release of a few PRs. This CEO doesn't operate like that. She is very minimal in what she is willing to release. This gives me the impression that she is serious about the company's product/service. Her business model doesn't appear to be selling shares but she will need capital at some point and it may be raised thru dillution. Pennypuptech has also pointed out some key figures in this equation. I personally could see this in multiple dollar land, depending on what is done with the additional shares. In the meantime, I like Orca's projection of .50. GLTU all!
Do you see the change in the size of these trading blocks?! IMO this is just heating up.
Thanks again.
That's your trading philosophy and you would have missed substantial gains along the way. Always a good idea to secure some profits, but I believe you need to make an evaluation of how the stock has been acting and consider were the entrance points were to conclude your exit strategy. I respect yours with 50 percent gains.
What's the story here with this ticker? Thanks in advance.
Look at the amount of trades, 1 hour in and the size of the blocks getting bigger.
Yep she is clear and the second round of investors who bought in at the pull back will be aiming for minimum .02's.
I keep considering what Orca stated. We will see fireworks out of no where!
This has been selling in small blocks, it's what has supported the stocks movement. Place your sell orders in small increments or else you are a road block on the sell. Look at L2, pay the extra commissions and don't get greedy.
FloatCleaver, enjoy the stillness, this is no offense toward Orca, but it's a good thing that he is needing to ask that his bid be filled. This group is waiting for movement and not willing to sell on the Bid for loss and simultaneously our CEO is not willing to dilute at those Bid levels. I'm thinking this is a good place right now.
Give it up Orca, no one is interested in taking a loss at your Bid levels or they would have sold to you. When is your pod arriving? FloatCleaver, I appreciate your post and see no problem discussing current concerns. GLTU both.
BeachBum or Pennypuptech, you still swimming around these waters? Any information In regard to these notes and conversion dates? Thanks in Advance.
I agree and don't have any info. At this time In regard to the notes. I still revisit the fact that I had an opportunity to sell at .005 but didnt.
I think it was a questionable move to R/S at these current price levels when our CEO did very little prior to the R/S to generate any enthusiasm or interest in this stock ticker. No PR after but I did like what I read in the Quarterly and March is mentioned. The fact that this company actually had a low float, what appears to be a legitimate product/service in development, and a relationship with Verizon, we could have easily seen a PPS target of .03 prior to the R/S. I just don't think she would have attracted new investors after the R/S at a share price of 3.00. That would have put a lot of new investors at a peculiar spot who came in at the .03 range. I use to think that this stock would potentially change lives but I'm willing to settle for a 2 bagger. Let's hope the new shares from the R/S are used for some sort of acquisition/compensation and not dillution. In the second scenerio, she will need a series of PR's to create buyer interest again, and for those of us that have been longs, hopefully each person finds an exit strategy if they are looking for one along the way. GLTU all!
Well, depending on your total share count you may want to take a look at L2 and see how small the block trades are. This may help you strategize. Perhaps you want to sell enough to recoup your original investment and let the rest ride?
You made your money yesterday, right? You had a decent entrance and exit point. Now you just present like you need your ego stroked!! Allow, the rest of the investment community to enjoy the ride, regardless of the dips along the way.
Doesn't look that way, and what is being unloaded are small blocks and a buyer is buying on those sells!
What's up with the small trade block trades?
I don't think so, not IMO. If you are referring to dillution, I would think the company would care what the shares are sold for and release a PR to dump into. This dip happened as the shorts made their presence known. GLTU.
I agree and confirmation of that Verizon partnership which does require legal agreements. This company has serious intention of a successful rollout IMO, and creating the framework to be successful.
The Quarterly is available...
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=150924
Come on FloatCleaver, those aren't fresh shares IMO. She may release fresh shares, but she's intelligent enough to be a smart business woman and support a higher share price to dilute into, if that's the plan. Fresh shares will come along with PR releases IMO, if and when.
Can the seller on .049 please consider easing up to a higher ask price. I wouldn't chase the bid considering the potential of positive PR news. This is a very low float, prior to any potential dilution. Take a look at L2. You might get caught with your pants down. If you didn't sell prior to the RS at .0006 I'm not sure why you are looking to settle at a share price equivalent to .00049?
The extension on the Quarterly is due also.
If your 30 years of investment history have been within the "penny stock boards" and this is a first, please let me know what your success secret is?? Believe me, I can understand your sentiments, but these are lottery picks even with the companies that have good intentions and a solid business plan, but most of the time these are shell companies selling paper on bogus PR's. I just happen to believe we may have a company with a little more potential and an actual product here. I'M not sure our CEO has the necessary insight, talents, and value system to be a successful CEO, but time will tell. In my experience, Companies wanting to sell paper tend to put out PR after PR, because they are looking to dilute at greater share values and maintain shareholder interests. All IMO.
Stock scams that R/S usually do so to "rinse and repeat", and typically are in the business of selling shares. I'm willing to accept the risk and believe I see something different happening here. There was an opportunity to dilute during the last PR and exhaust the treasury, this CEO didnt. She could have and still had the treasury replenished following the RS with many shares to dilute again. There is also some significant names on the advisory board, the establishment of Telefix Technologies, and the PR concerning a relationship with Verizon, which I confirmed with Verizon via email and many others did too. I'm not saying that our wonderful CEO has common shareholder's interest on the top of her agenda, but I do believe we are seeing something with greater potential than your typical shell company. All IMO. As far as the ticker Toybaby has mentioned on numerous occasions, that ticker has no relationship or connection to TLFX.
I'm thinking we may see at least a 10 bagger.
In my opinion, it's obvious that this company is in the process of preparing for something related to the recent R/S, PR discussing relationship with Verizon, registration of Telefix Technologies etc. The fact that the website is down, possibly represents activity by the company and their undisclosed new direction IMO. The .01 sales are ridiculous IMO and are very small and insignificant trades trying to manipulate the share price and trade movement. See you at the top hopefully. GLTU
Yes, definitely an interest for some who like to short, and shorting this stock was mentioned by Float some weeks ago. Id rather see the shareholders hold tight until we see some of the motives behind this R/S from our CEO. That's why one has to come to their own conclusion concerning the reasoning behind this R/S and potentially what lies ahead.
If she has fresh paper for sale then I see no reasonable explanation in regard to why she didn't sell the remaining authorized share count into the last PR notice concerning Telefix and Verizon. In addition, I see no logical explanation why she didn't follow up with a PR or 2 and sell the remaining authorized shares prior to the R/S. I'm not in agreement with some of the assessments concerning the direction of this company, dilution, etc. Either way, if she is planning on selling paper to fund a "product rollout" she would have to release some substantial PR's to spark an investor interest. If this R/S was primarily done to increase shares in the treasury for open market dilution I will definitely be selling my shares, which are substantial.
I agree. Im not sure where you are coming from Pennypuptech, but this is a publicly traded company and if he was stopping by to address a question or two concerning his investment or potentially becoming an investor or simply inquiring about their services for his own personal needs or perhaps his company's needs, I wouldn't consider this as grounds for harassment, unless he was defiant to leave if asked to. He's obviously not the first investor or someone with investment interests to stop by the office, taking into consideration the note she or a colleague posted in the window. I'm actually surprised by your response and wondering if you have some affiliation with the company besides being a past or present investor? All IMO.