I am a psuedo-positive long!
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Bought 37K more @ .106
Thanks to those who gave me the opportunity to purchase at lower prices.
Now at 132K shares
Cheers
Chenzo
I expected alittle more selling then we have gotten the last two days. IMO NBGGY is holding up well. We have built a higher base, now in the .30 area.
I'm fine with a pullback to .30 for I will be buying more. This is a longterm winner
Cheers
Chenzo
Wall at .121 is only 70K now.
Going higher
Cheers
Chenzo
This is a healthy pullback. NBGGY is up over 50% in the last three weeks. It probably will pullback some more next week, but a higher base has been established. This stock is a long term winner
Cheers
Chenzo
They spooked me! Breakdown through .65 was bad technically. Sold today at 63 cents. Looks like same old same old from these guys. Happy with my profit, r/s could be announced anyday. They will want the SP as high as possible to maximize the ATM usage. Good luck to those who are hanging in there.
Cheers
Chenzo
Anyone giving odds on news tomorrow morning? Nice rise of SP on volume for two weeks now. Even the pullback yesterday was healthy.
I'll say it again, this is not trading like a R/S is coming.
We could be getting a two for one special soon. One, the news that seems inevitable puts us well over the $1.00 hurdle. Then two, is the removal of the fear of a R/S adds more fuel and sends us even higher. Interesting times ahead.
Cheers
Chenzo
You don't get a choice with PPHM. You buy the stock and they hook them up to your "you know where"
How much pain can you take? I'm not the one to answer that. There are people in this stock that have been here for over 20 years. I'm sure "theirs" are fried.
Cheers
Chenzo
The test kit news came out 6 trading days ago, and although the P/S increased, it was not a homerun (price per share wise).
Todays movement signals something else. A deal would be great. I can only imagine how high PPHM can go with someone, some BP, touting the possibilities of the test kit and then maybe Bavi.
BOD being replaced would move the needle even more.
Something bigger is brewing IMO. Enjoy the weekend.
Cheers
Chenzo
I did not. I almost sold at $.37 but the volume kept me around. That and I didn't see anything at the time to move into.
Cheers
Chenzo
AH activity is nice, but the good news is there isn't a Friday AH press release.
Cheers
Chenzo
This feels different. There has been a building of volume the last two weeks and this time it is followed by an increase in S/P.
The low short volume is also a tell. I hope I'm not wrong but I'm looking for a gap up Tuesday morning.
This has all the signs of a leak!
Cheers
Chenzo
My apologies. Yes, let the stock run. It would make so much more sense to let the stock run at the current share price. There are many on this board who believe the S/P is being accumulated and held at these low prices.
If some "family" is accumulating shares, they would stand to make way more money if they let the S/P run now than letting the R/S happen, have their shares cut by a multiple of 7. At a new share price of say $2.50, I believe, BOD will turn on the ATM, diluting your post R/S shares even more. I also believe the shorts would then jump back in heavily. The "family" would be fighting the ATM and the shorts.
Bottom line, it makes much more sense financially to let the S/P run before the R/S. Just so you know, I don't believe there is any accumulation or holding down of the S/P by anyone, other then the shorts. This BOD has zero credibility on the street, and shorts love to feed on such a company.
Off to the links. Gonna be 70deg down here in So. Florida
Cheers
Chenzo
And I think they are ATM. MM is absorbing these shares then dumping the stock on the open market. Its prearranged
Cheers
Chenzo
Don't you think that if "someone" was "accumulating" shares for nearly a year now that they would let the stock price go instead of letting all their hard earned accumulated shares be cut by 7????? Then diluted?
Makes no sense. It isn't happening. BOD have run this company into its third R/S. Shares will be sold ATM immediately to fill the coffers so that there salaries will be paid for years to come.
Bavi seams to be the next carrot that has rotted and placed in storage. It was good while it lasted. I actually believed there was something big there. Shameful
Cheers
Chenzo
8k's are not mandatory for OTC stocks. Its like the wild west out here.
Cheers
Chenzo
Its an educated guess I made watching the early day volume Monday, Tuesday, and Wednesday. It could easily be twice that.
The early day volume was too large to be just shorting.
Cheers
Chenzo
Some here believe that ACOL dumped ATM shares this week. I am one of them and here's my two cents:
It is not uncommon for small companies to use the ATM to raise capital, and its not always a bad thing. I believe this week ACOL dumped about 40mil shares into the market at a price of about .035
This is not always a bad thing although our S/P takes a hit and our share power is diluted. Here's why:
1. From what I understand, ACOL does not show much cash on its books. 40mil @ $.035 gets them $1.4mil in their coffers without paying any interest that a bank might charge from a loan. Good ATM use.
2. Use the new $1.4mil to pay down debt......Good ATM use
3. Use the new $1.4mil to purchase machinery/better machinery that will allow more production/faster, cheaper production
ATM is not always a bad thing, especially for a young/growing company. It could signal that they are expecting a ramp up of sales in the future and will be needing capital to fund it. Better to sell shares @ $.o3-.04 then at .008 Right?
Finally, heres an extra tidbit regarding good ole Clay. I believe he is being fed inside info pertaining to company strategies. I believe he is aware of upcoming ATM sales and alerts traders to short into the dump. It is virtually low risk shorting into the share dump.
Cheers
Chenzo
Lots of rookies on this board
Cheers
Chenzo
And you feel a need to post here, why? To save us from ourselves?
Gee thanks. Youre the best!
Cheers
Chenzo
Seas much calmer today. Maybe the nonsense is over
Cheers
Chenzo
Excellent point. This game is played from both sides. There are those who pump and those who dump. The other board has a guy claiming $1.00 by summer. Really? He hasn't been around for awhile, I wonder why? Do your DD and remember why you invested. I feel there are a lot of newbies here that are unaware of Clay and the ways of the market. The system is set up to separate you from your money.
Longs climb a wall of worry. Shorts have the advantage and always seem to have the playbook
Cheers
Chenzo
Wise man....Good luck to you!
I think it might retest .018
All the volume is on the sell side. It does feel like dilution.
It wouldn't surprise me if we have one more washout next week and dip to .01
Cheers
Chenzo
Not worried at all about it.
Cheers
Chenzo
Can you tell me what the criteria is for which stocks you choose to do a TA analysis for.
You say in some videos that "people ask you to do an analysis of the chart" for them. I doubt anyone here asked you for an analysis.
At the very least, you introduced a lot of people to how cold and cut throat the market is.
Cheers
Chenzo
Trust me. This isn't retail.
This upward bounce is on light volume. Probably retail.
Be careful
Cheers
Chenzo
ACOL is up 500% in 12 days. Eyes are on us. A pullback to .025 would be healthy.
Round numbers (.05) are tough to break through.
Cheers
Chenzo
(And you do look like Arty Lang)
Thanks for being respectful!
Cheers
Chenzo
Watching you on periscope. This will close at lod. And will pull back to 50% off .05 high.
No stock goes up everyday.
Cheers
Chenzo
Entire float traded in 26 minutes. Volume 2x yesterday's volume.
This is crazy!
Cheers
Chenzo
Short it down through reverse splits and into dilution.......make money!
Make sure you have secured all the cheap shares at all time low prices before you report earnings. Announce great earnings.......make even more money!
Works for me!
Cheers
Chenzo
I think we have two more up days left. Then some selling going into the weekend.
Cheers
Chenzo
DRYS just traded 3x the float. Eom
Wall at $4.86. Last resistance!
Cheers
Chenzo
Back in. This is strong. We will close above $5.00
Cheers
Chenzo
Out @ $4.72. I might get back in if there is lunchtime nonsense.
Cheers
Chenzo
310k wall at $3.60. Gonna take $1mil to go higher. Dig deep boys
Cheers
Chenzo