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way back in the 80's sometimes people found good companies in the pinks that became today giants. But if reporting standards for said companies is not looked over then there is an issue. These companies need to have there ducks in a row. The mm's are just trying to make a buck. Who can blame them for that action. There will always be idiots and people that think they know everything. Ethics is a good thing.
Sometime I will put toghether a petition to have better oversight of pinks. This is not cool. I think that it would be better if everyone paid a small fee per trade, something like one cent or so, to have a few people look for funny price action on some juiced up super computers. That would stop this shady business and get rid of the tag team business between mm's.
Maybe the S.E.C. should have better oversight of these markets and these MM's. If they looked at some of these stocks, alot of these cats would be going to prison.
The current price is .0042 but the ask and bid are lower. Don't these mm clowns know that this is so obvious that this is being manipulated. Hopefully they run out of shares or cd's soon.
Since these mm's like to manipulate what could be an outstanding company, I am surprised that someone has not offered to take this private. At these prices, and with the debt that is carried, it might only be a few miillion dollars. Then the proper marketing, boom! solid money.
People get some Faith! This stock is worth more than a this amount. Lock your shares at high price and leave it alone for a minute. These MM's are just settin people up left and right. If you have many shares in many different stocks. You know who is doing what action and causing these stocks to go lower. These cats play both sides of the stock. Just hold the stock and let them chase it up. Stop gettin' punked, pay attention!
.0042 for an ask, wow! must be MM's or someone with no belief that this stock should be much higher. come people, get real
MM's must know they have to put some news out before you can sucker people that do not have any knowledge about stock. Everyone here is holding strong. MM's get real and let this stock off the mat. No one is going to give up their stock for absolutely nothing.
No one give into the same garbage that the MM's tried at lower price. Hold onto shares til much higher. To create momentum the cheap bums have to pay in the pennies before we give even a little bit. Like everyone knows, 'do not risk money on penny stocks you cannot afford to lose'. Let's make them have to go much higher and keep the shares locked.
These MM's should know better, gotta give more from now on. No low bids . . .
Who bought to get it back to .0037. My guess some MM. Like everyone knows this is just like the casino, but it lasts longer amount of time. Really less expensive because the world has plenty of fools.
Everybody wants to be rich, but most of these MM's most likely have a terrible time sleeping at nite. The subconscious will literally disease these people.
Because if the price is to low there is no margin to borrow shares and short the stock. This is why as a prior post mentioned the very thing you ask about. The higher the price the less risk and the more reward. All they need is volume.
It would be great if some group of people created an app that watched the whole mm crowd for pinky land and if the action is legit, meaning the play is one side, or the other, then it is safe to invest. If a rule was created to keep them from manipulating both sides, then the money could only be made by backing legitimate companies. This is why Ethics is a huge missing factor in the whole world.
That would be great! Hopefully the spanking for them is severe and leaves them holding the bag. When a new release comes up, newbies will take this up. If anything long time shareholders should be leary of this action. If a reputable company is o.k. with the people that support them doing this action, then that stinks. People that want success and lead great startups or whatever name is given to these actions, desire to have a great name in public. Companies that get to be listed on big boards do not last long with any kind of funny business. Big dollars don't play funny games. This is why pinky land is not watched over so tightly, no big money.
The situation is amazingly twisted. This stock should easily make money. If someone can make millions for an app. Then this company if for real needs to get better marketing or new leadership. The longer I mess with these pink stocks, the more evident as to how this is the ultimate casino and musical money chairs. Don't get caught when the music stops. Oh well! that is why all the so called people in the know say,' don't risk it, if you can't afford to lose it'
Definitely some b.s. going down . . . Price to settle at market is below bid price, super fishy. No motion on ask volume. This thing stinks and is definitely CD'ers. Would not it be nice if the nice folks would just support the price, be legitimate and release the super app. Then something the world is missing or misplaced is reborn. . . Ethics. Yeah!!
It is interesting to see these people trying to sucker people into their game of selling this CD holders. This is the only way that is happened. No action, sell your shares at less than ask. So crazy. However, this is why the bid ask is there, just gotta see it like you called it. Soon, the app appears and blows up! or a press release give a crumb to bump up and continue hope, for better or worse.
My sentiment exactly. Some source sold at below ask. This means that a holder of shares below the ask. MM, CD'S is trying to create some action. I am holding steady and sooner or later they will have to come up with some way to really move this in their direction. I hope the news is some excellent news.
This is good to hear and I hope everyone else will do the same.
These shares on ask price are super low, or somebody is burnt out on this stock. Just last week .006 . . . I guess some people just have no faith or conviction. Or this is somebody, CD, MM'S dumping after dilution break on people's hope. Stay strong and get this stock higher. Plus, where is some positive direction out of this c.e.o.
The ask looks like these mm's are trying to move it up a little at a time. If people just wait for this to go higher without buying, then the price will go up. Plus, everyone should always set their sell price high. What this does is keep these people from shorting so easily. Also, any company that keeps up this kind of business will not remain in business for very long. Other comments have said that without the cd's the company would be out of business. Well, if you hire someone to work in finance for the company, then this toxic finance does not need to drain funds and dilute shares. This is the reason that most companies get private funding and jump beyond pennies. A lot of scamming going on. Hopefully, this company is just dumb with finance aspect, but great with delivery of app. Yes, I hold shares in this company. Just keepin' it real. The app seems cool, but this dilution is crazy irresponsible on part of the company. No way to build trust . . . Good Luck to Everyone
As has been mentioned many times on many boards, keep the price you would sell high enough so that they do not short this stock.
Does this stock have a chance of going up at all?
If you buy into this stock, based on incredibly low volume, etc. Then what do you believe this stock can get upto and do you see news coming to make for better results?
If anyone one takes a look at a short report for this stock, one can see that yesterday the short % was only 5% and the stock moved up. So, once again, the sellers will be sold out, then the stock is moving on zero news. So, a little patience, some news that is o.k., then the shars will go higher easily.
I checked to see short interest for yesterday. The number is close to 25% of total volume for yesterday. No wonder this cannot move up. One person gave good advice; set ask price high for the shares you hold. I would like to see these people get squeezed. That would run the price up. This is a company that could be cash flow positive in near term.
I do not see why these people have no confidence in this stock. The stock is near the low of .0011 and this company is close to becoming profitable.
I have watched this stock for the last week to see the price aciton. This stock was heavily shorted as can be seen on short reporting websites. When this company has their next release, with a just a small improvement in revenue, and fixed costs controlled, the stock could make a nice move. My guess is higher than the high for the stock. This stock is in a good sector and mobile is the way.
A prior post today had some great wisdom, set your sell high. Maybe we can get these shorts squeezed and MM'S out of trying to buy cheap until more news is out. This must be the signal that is being conveyed between each MM.
From what I understand of this post, Market Makers that are recognized by this board are trying to convey a message with this volume bid to each Market Maker. What is the message that is being conveyed by such a large Bid?