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Why is the volume so low here despite the potential deal with Edgemode.Looka Mike investors dont fully trust Edgemode. Who would.
Edgemode is run by dishonarable management. They backed out of the Babl merger deal , they will do the same with FWAV if a better deal comes along.
That's exactly why they have an LOI agreement.
These LOI are garbage, rarely works.There isnt a single penny stock that I've been involved in that has followed through with an LOI.
If Edgemode went back on their deal with BABL at such a late stage, they can't be trusted with any deal.I guess they go for the highest bidder ??
How do you load , when buying is restricted?
Yup .So many Pennies are going to be untradable by Tuesday
After 29th selling will be difficult. This is one weird stock.
It was dead for years.Suddenly saw revived interest in late 2020 when investors saw value in a shell merger
Come 2021 , the company edgemode agrees to use this shell to access the public market and a name change filing begins.
Now suddenly Edgemode has found a better merger candidate and will likely assume the name of the acquiring firm ( Did I get this part of the story right?)
So does can anyone predict how this will play out ? I am so eager to analyze trades for next week , considering all investors now know how hard or impossible it will to buy this stock next week and how extremely difficult it will be to sell it after the 28th.
I think the price direction of this stick will be revealed before next Friday. So many games being played with this stock. One can't even speculate and buy it at it's current low. Horrible !
Wow, this will affect all brokers. So huge dump volumes next week, unless there some good news.No one can buy on the dip.
Interesting week ahead
Actually you are wrong. Good till cancelled orders placed on any stock even after hours are valid. I thought there was something unusual about your logic.
I entered an order for another penny stock now.That went through. Never ever heard of weekend after hours restrictions.
Specifically Ameritrade is citing rule 15c2-11 as the reason why babl trades can not be placed.
Anyone else getting this type of message? I want to see what happens on Tuesday. If retail investors are not trading then, then my question would be , where are these trades coming from
I didnt know that.Ill try again on monday then
Well I tried setting limit orders today after market hours , it won't go through.Looks like a recent development.
That's why it isn't good to be too greedy.I sold more than half my holdings when the stock was up to 0.17. You gotta lock in profits when you can.
How are people purchasing this stock.I got some yesterda, but today when I tried to put a limit order, Ameritrade won't allow me to open a new order.Only sales of existing BABL stocks are allowed.
They cited SEC Rule 15c2-11
We are in for a wild ride , next few days and weeks.
The 200,000 and 400,000 trades shows someone is loading up.Maybe news was released to take the share price down to a penny , so manipulators can load up for the next and maybe final ride up.
Hehe. Most penny stocks are scams.Lets hope a good story comes up to prop up this stock. I think theres a chance , otherwise it would have gone below a penny today
Nice !
Yes. Disgraceful price action
Wrong. This is a sham company. The management of the company has been involved in the various shell companies that have eventual ended up as CBD life sciences.
At one point the company was symbol AUCI.At another time it was called FILM. Each new iteration of the same shell would do a reverse split and the issue a billion new shares.CBD lifesciences did exactly that. Now they have hundreds of millions on new shares that have diluted the outstanding shares.
Management should be in jail, but I guess they are highly skilled at the fraud they commit and manage to stay just within the fringes of security laws to avoid outright crimes. Basically the way they deceive investors is unethical but not illegal. I guess karma will catch up with these thugs.
That's my fear too.A reverse merger. In a bid to pump up the stock price . Old trick. Best chance to make money on this is when they announce current and other news but leave out reverse merger talk till later if that's the plan
Closing higher for 2 days.Looking good. But news is needed to sustain this momentum otherwise it going to becsidewsys trading for a while.
Mmm unusual , very low volume today.Maybe the storm before the blast off ?
BABL is not current. They have a Stop sign
Looking at the one year chart, babl has held its gains pretty well to date. The expectation is that additional price gains will continue. Otherwise this stock would have below 1 cent by now.
I expect a trading range of 0.07 to 0.16 until positive news takes us higher.
Today's trading range is amazing.Like there's some sort of manipulation by MM.
Whoa! What a recovery.
He probably is, lol. Good try, but his tactic won't work.This is going hire on good news
Hope someone buys this shell
Over the last 2 months the stock has trended higher on speculation of an impending crypto merger. The month of June looks interesting. Would be awesome if this hits a dollar or more before July.
You nailed the story 100% accurately.I have followed this company for years. It is a complete scam. They stay within the fringes of the law.Smart crooks.
He is an aggressive stock promoter.Pitching his junk portfolio of companies
This wife and husband Bonny and Clyde do have been setting up companies and changing their names over the last decade.Issuing billions of shares each time.They must own many Porsche by now.
Check out their companies Film, Auci, all dead tickers. Now the company finally emerges as CBD life sciences.
Reverse mergers are one of their favorite tools plus selling shells to their friends.Jail time is in their future.
@stockalert8
Tom Nelson blocked me on twitter after I revealed his family business scam
Thanks
Why are shares up? The company is not active.No product, no revenues
This company has morphed from one company to another in the last 10 years
I owned shares when it started out as AUCI, then layer on Film to finally CBDL. They do nothing but issues t ok ns of shares and the do a reverse to dilute shareholders value to virtually nothing. I can see their pattern of deception hadn't changed. So sad that it's almost impossible for the SEC to police companies like CBDL
Agreed.Nothing is ever going to happen with this stock. I have watched it for years.As it morphs from one company to another.Always with a sweet story to tell. Run far away from this one or get burned.
I totally agree. Like Warren Buffett said, " The only business you can get out of doing with a bad person is bad business" The same applies here.This a scam management team. Nothing good can come out of anything they are involved in. The only skill they have is deception, and it pays off nicely for them.
Yes it's a scam, so was the shell that existed before , Auci.So is the new company CBD life sciences.They will never make a penny in profits. Because it was never intended too.This company has been set up to take cash from the public