Trust me, trust no one.
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Nice to be back in profit zone! In for a pretty penny with 2 mil shares on this one.
Though that bid ask spread is for poo, tells me heavy manipulation going on... man the MMs are ruthless! (Well ruthless algorithms, turn off the damn computer and let us go!)
I can't recall ever seeing a stock trading 500 million shares in a like AlKM is yesterday yet staying within such a tight range , that is just crazy. I don't know how the MM can even make money here, but I guess the algorithm is just set to 'skim a penny' so still cranks out $$$ for them. But .0002 range on 500 mil shares?????
Either dump or buy back, I'd bet on the former.
Although what's crazy is those 500 million shares were snapped up, so plenty of eyes and wallets on the stock, which leads to a prayers chance it will go someday.
If you own 10+ mil shares and daily volume is < .5 mil and no movement then you truly know you are dead
Here's hoping! (I've downgraded this one to 'lottery' over 'investment') lol
At least my other investments picking up to balance out, though I'm in for a pretty penny here
I'm very concerned with the dilution with no filings or financial updates. Not looking for anything amazing by any stretch of the imagination. Just looking for direction and progress towards milestones. More transparency the better. Even if it's 'yes we are diluting, no choice to keep lights on and going. However it's getting us on the right path and we have a plan to buy back shares given certain milestones'
Right now it all feels more like praying than investing.
Time will tell.
If they sell product , Start reporting revenue and the share count is lower that's what matters for stock price.
Let's start with that $.02 and go from there....
$WDRP
Oh sorry, sleekscape is just a known voice in these forums. The article was completely separate and not the major driver of the move yesterday for SIPC.
Sleekscape has his own thread, and a lot of followers it's fairly cult like. But if you happen to own the stock he picks you'll certainly profit short-term, very short term. Basically dump on his hype and then buy back if you like the stock.
However I do like the fact the article said WRDP $.10!
Here's hoping
http://www.otcmarketstips.com/2017/03/20/top-3-cannabis-stocks-to-buy-hold/
SIPC was up a tiny because of the small blurb above but mostly because 'sleekscape' a known (either pumper or guru, take your pick) opinion called it his second 'salami pick' of 2017. The first was MJTK and it shot up .0021 to .017 in 2 days , now bouncing between .006 and .012. (I happened to own it so that was nice)
so SIPC will probably go up at least another half day.
Too bad he didn't hype Ours lol!
Getting killed today, was there any macro environment news? I didn't see anything in particular, if anything only positive stuff on current regulatory state of things.
Or just go long enough in an ambiguous environment without news and this is what happens.
Long term view ok, but no one like to see this.... well shorters and people wanting to get it maybe :p
Check back next week I guess, this ones already done. :(
No stock that trades millions of shares everyday is dead. It's certainly in holding for months now, even with the one week bump we had in Jan. Just .05-.1 I doubt will change until some news of substance comes out. I just hope $hit is getting done at MCOA. I'd prefer fewer communications of substance than many of hype. We will see, might take a year before we see significant moves. But every year their are more and more state customers aboard. Regardless of Trump / Sessions today long term will be fine. Only 'dead' from a lottery players view not an investors.
Yeah this is one of the most controlled stock I've ever seen, they've got their algorithm just working the spread, this is nuts.
What is the O/S count, and the A/S for ACOL?
Hello, new to the board. Watching for a while now and jumped in today for 500k shares. Hope it was a smart move :) I really think this has some good potential
Welcome to the floor. Hopefully we don't discover this house has a basement, it would be flooded with Fish.
Got to love millions of share traded, not a single sell all buys but the stock doesn't budge. Where one of my other OTCs, only 25k shares traded today and drops the stock 16%. Sheesh.
Well i picked up 6m more shares so I'm average down quite a bit.
Hopefully this goes somewhere at some point.
I'd prefer real growth and news but I'll take a pump for now. :)
Gotta love when 25k shares brings a stock down 16% sheesh
At least we closed at -4.20 lol , good sign? :p
lol I'm not sure where we are disagreement. But you said someone is confident at 130m shares, you are implying they purchased these shares. Or saying the fact they would finance ALKM buy purchasing the shares shows some level of confidence. I.e. One more bigger investor?
Anyway 2.8 b O/S is a lot either way.
Hopeful and holding , just holding a little less strong than a few weeks ago.
Um, no. This just lets me know a creditor has be given 130m shares to pay off debt which they can hold or dump. I cannot tell if this increased the O/S from before but please review line 11 for current O/S.
Anyway, I am an investor here and hopeful but currently very wary due to previously mentioned factors.
Cheers.
Long here, but that O/S count is pretty high after finally getting the real number. I really hope we can get a statement of substance out of the company soon. Getting to copper is reasonable if they can show progress on the road to profit. Getting to silver going to be impossible without actuals in place. Going to oblivion easy if can't sell product or make enough money on licensing fees. Only successful company I can compare for O/S is Sirius Satellite, but they got themselves in to everyone's car. Much harder for a commodity product. Again not bashing, I'm long here and hopeful but wary against the factors of: O/S / Financing, Branding, Sales. I've worked in Silicon Valley Start ups for 20+ years so understand the difficulties in building a business and the time it takes to do it.
What is USRM and how will it drive the Stock Price so high? That big of jump highly unlikely. I would be thrilled to see a nickel.
One thing I'm wishing longer term is they find their brand niche. As a product it is expensive water but the bottle and labeling doesn't produce an image, it's only like it is expensive aquafina. They going after straight water substitute? Too expensive no matter the tech. Going after nutrition supplement? Sports recovery? Medicine? High end water and compete with VOSS? I'm down for the long road but i hope over time they find their audience and do a better job matching the products to their needs.
Ahh, my bad I misread your post. Cheers.
I just checked Amazon, it comes right up $40.31 for 12 pack plus free shipping. Says In Stock. Anyone can search in 2 seconds.
Yeah that fragility is pretty astounding. Though longs could look at it as great buy opportunity, short term it's painful. Kind of like when companies get stock drops for high class problems like 'revenue low next quarter because our supply of goods can't keep up with demand'
Earth Day / Weed Day, just type the same sentence in to your search bar, lots of details.
When people describe you, they use the word 'quirky' don't they?
Yeah I just added another 3 mil as well. Time will tell if was a good move or not! In for 15 mil now.
I personally think Trump could be doing this to push Congress to action, because unless you do something extreme they sit on their butts forever. Now he gives them total impetus to act and be the 'heroes' and nobody will be singled out so it won't impact their political careers. Then Trump gets his money, jobs and doesn't get called a hippie lover but a man of the law and people's will.
Short term pain going to equal some serious long term gain.
.09 Bid .12 Ask? What the heck?
We really shouldn't be affected by Trumps noise regardless because the products aren't illegal, but I wouldn't be surprised to take collateral damage in the short term.
I personally think Trump could be doing this to push Congress to action, because unless you do some extreme they sit on their butts forever. Now he gives them total impetus to act and be the 'heroes' and nobody will be singled out so it won't impact their political careers.
Ok thank you. But how do you know they are 'sitting at .019'? They are literally broadcasting 'we will let this go up to .019 then we are going to dump shares on you?' I know the OTC is crazy with manipulation, but showing people they going to have a wall seems odd.
Sorry for investor ignorance. Trying to learn and understand. Can someone explain 'VNDM sitting at .019' what this means, the impact , who / why they are doing this? Why we care / don't care? I try to research info and terms myself but I need help with this one.
Thanks,
PM
Wow 82 mil? I hope averaged down from .0023 now! I'm now in for 12 mil average at .002 and I thought I had a fair amount of skin in the game, I bow down to you good sir!
How much weight can you put on a golden cross in OTC land? I read a lot of charts and statements about analytics but finding actual correlation doesn't seem to happen as much. Though I admittedly do not know as much as I would like on chart analytics.
Yes green is good. The spread on MCOA lately has been huge though, that is bothersome. We are being heavily manipulated.... Let us run free!
Plus MJ industry has to be extra creative for finances given federal status. Not like they can go to Wells Fargo and get a business loan. That's why any new legislation introduced that assist in connecting better financial markets will be a huge boon across the industry.
So for now they keep the lights on or simply go bust and everyone loses. I'll take the chance instead of given failure.
People's impatience on this board defy all normal course of building a business and building value... too many 'instant MJ millionaires' stars in their eyes...
The link worked fine for me. Good pic lots of palettes of Alkame wrapped and ready to fill orders!
Tuesday, darn holidays!
Well, still long , but it certainly is a bit crushing on days / weeks like this. Especially getting crushed on a day where the rest of the MJ market is up. We will see better days. The O/S count is a significant concern though. Don't want to fall in to the ERB$ trapped cycle