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Welcome to Penny Stocks! 90% of the people here do not buy to invest in these companies regardless of what they claim. The 10% that use Pennies as an investment are asking for a roller coaster ride.
Will this recover, and run again? As long as the company makes money , then yes it will. All Penny stocks ebb and flow violently. The mass selling today is one example of thousands. I didn't follow my own advice and sell Friday like I should have, and I'm in at a 009 average. However, I'm not upset because this company will make money, it will run again, and I will add at lower prices to average down until then. It's not doom and gloom everyone. Use this as a learning tool; take everything people say here(Including me) with a grain of salt. Good luck to all! UTRM
Is there proof of them having already raised all the money needed? There is far to much cheerleading, and to small of an actual amount of factual data on this board. I'm not trying to be an ass, but I'm looking at this from a level headed outsider approach.
That's very unrealistic.
Can we get a screen shot?
Not really. Not when they aren't steadily distributing.
Yes. In very small quantity. I think down a year from now we might see some really good things. I honestly think until then we will be constantly pumped and dumped, but if you time it right you'll catch a good run or two.
I will play the devils advocate and say if the previous mentioned does not happen, then the opposite will come true. Mark that.
That's a lot of "ifs"
Wow. Complete tank today.
wtf happened? The bottom just fell outta this thing after weeks of accumulation in the 0027-0030 range.
Yeah it's depressing
This thing is definitely going to see twos. I am pretty positive the base will form somewhere in the mid twos
I wish this thing would just run already
Watch for low 3's or high 2's by eow
I'm just a realist. I call things how I see them, and don't sit here with Pom Poms posting the same two week old news multiple times in two hours
MINE
Haha I'm scared :)
MINE
Exactly.
Most of these guys are just cheer leaders. To me this news isn't THAT significant. Is it good? Sure it's not BAD. However, it doesn't really give much incentive for a large increase in buying pressure.
Told you it would stall out
I never said I was going to. I'm saying it happens routinely
The ask can be loaded quickly to stop a run if someone wants to.
Uhm... Did any of you actually read the form? Nobody bought anything. It was a correction from the form back on March 5th.
This is something to buy and hold for at least 3-6 months for the real news...revenue.
Damn finally some good news! FLPC
I feel your pain. I still have faith in the company, and I am sure that the price will climb again around mid month. Just average down and keep your chin up man. This company has a great future ahead when this mine opens.
I think it will probably make a move up somewhere around the 11th-18th based off the 3 month trend.
insert-text-here
Everything still looks okay in the big perspective. We just need news of the mine opening, and we will be set for another run to around .02
The only thing that will help this thing move is big news. That's it. All the cheer leading in the world won't help you. It's a shame so many people are stuck over a penny.
This thing has been on a steady decline every day. It needs to do something soon, or people will loose faith. You'll start seeing a lot of people "cutting sling load", and the pps will plummet. This thing needs big news to release to get the hype going again.
No I don't. I actually kind of feel bad for everyone who is in this above a penny right now. I sold and took my own advice at .015, and I wish others would have opened their eyes instead of listening to all the pumpers spewing nonsense.
Can't say I didn't call this one!
Wow there is almost no volume flwoing right now. Crazy.
Hey let me know how level 2 looks. I can't pull it up at work. Looking at the chart is indicating a red day
Yeah I think that in the long term BMSN will probably do okay. I was trying to get the word out last week to not panic because those of us that actually have done some DD know that they weren't going to just file and get a yes 30 days later. Maybe in a perfect world, but that's far from realistic.
Spoken like someone with some good trading sense. ;)
It did have news that was less than appealing for people who were expecting an approval last week. That's why I was trying to suggest everyone taking a step back and calming down. This is exactly what I was warning about.
I am too.
This is on the path to close in the low .009's I anticipate it's not the end of the decline without a solid PR. I don't see any bottom to this until that happens.
One step at a time.
I think they may retreat similar to how it did on the last leg. Daily chart is showing MACD curving down, momo falling, and volume on the decline. Might be a good chance to buy on a dip EOD or tomorrow.