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Just saying, there are other plausible explanations, other than SCAM!
If the T/A releases information that conflicts with official releases regarding the merger, and SPCL gave them that information to release, then SPCL is, by default, releasing information in a manner that is nonconforming to the original 8K. If the share structure changes because the merger is finalized, and an R/S occurs, then per the May 8K, SPCL can't release that information until both parties allow, or, I suppose, the SEC filings are due.
But sure, because you don't like the company, or whatever, let's just go with SCAM!!! and assume that everyone involved wants to go to jail for "fake" SEC filings and such.
The T/A "concerns" seem pretty self-explanatory to me. If the T/A isn't gagged, then when a R/S goes through, or shares being issued in the merger process are finalized, and somebody calls up to get updated numbers just as those changes occur, and the T/A says "O/S is 21 Million shares", then that one person will, at that point in time, be the only 1 who knows that things have advanced, and can in turn, make trades accordingly, without anyone else being any the wiser. In order to make sure the entire general public gets all of the information in these ongoing developments, at the same time, you simply gag the T/A until such time as you can make an official filing/PR.
But they're right, SCAM, EPIC pump and dump ... jail time for those involved. Those are much more reasonable explanations for it.
I flipped, a lot, so of the 2 million I was holding at one point, over half of them were "free". I picked up those 2 million at .0015/.0016, and got impatient during a bit of a lull, sold at .0017/.0018, and within 3 or 4 days, it was up into the 50's, at which point, I chased. Picked up a million around .0056 avg, right before it started to pull back from that first test of .006. It went down to .0025 if I remember correctly, and once it bounced back to the high .005's, I was HAPPY to get my money back. 3 days later it was up around a penny, and after another 3 days, it had hit 2 cents.
I knew I should hold, and kept trying to be patient, but that risk of wiping out all of my gains on the year, with another pullback into the 20's, I got scared and jumped ship. Maybe I should just lock these 80k shares away, and check back in in a few years. I'm not even going to try to fool myself into believing that I can actually do that. If we push up towards that .02 mark again, I'll probably move on, and botch plenty more opportunities elsewhere.
Regardless, I wish everyone here the best of luck, and hopefully the numbers, when they come out, are at least close to what you're all hoping for.
I made the horrendous mistake of taking even money on my last attempt here, following that final dip into the .002's. Been working on building the account elsewhere, while watching this hit .02, twice. Starting to get back in now, but probably won't be putting as much into it as I have in the past. I see the merger is, for all intents and purposes, completed, pending updated financials. Hopefully once the numbers are out, and digested, SPCL can get to work building new highs. Playing small right now, just what I have kicking around, not in other trades, so I picked up 40k at .007 yesterday, and another 40k at .0073 here today. Best of luck to those that have been riding out the "storm" to this point, I really hope you get those .10+ pre-RS values you've been waiting for.
Actually, the OS will be down around 21 Million, as it is undergoing a 1:100 R/S. The AS will be the 217 Million figure after the 1:10 R/S.
Just sold my "paint" from Friday to get back to a nice round number of shares, and free up a few bucks, just in case it is needed again. Hopefully we can continue to push higher, and the upcoming days can have nice closes at the ask, but if Friday comes along, and that spread is wide, I'll attempt to make it a better close, again. Best of luck everyone.
I had $87 in my account, so I figured I would help make it an even day. Was actually hoping they would play their games, and fill higher if the order was placed, so I tried 0.0042. I guess 0.0040 will just have to do. Hopefully next week we can start to move on up again.
What I find most perplexing about the past few days, is the fact that even with a huge spread, people are still constantly dumping at the bid, even when there is very little volume. Why not try to sell those 35's for 41? Or 40? Or even 39? Instead, they're content to throw away another potential $600 if they just try to sell at the ask. THAT is why we are down, and struggling the past few days.
I'm guessing you sold your latest "entry" of 300k at .105-.11 at like .1589, right?
Somebody was manipulating this due to the lack of bid support. Kept dropping down a ~10 million ask, dumping into a weak bid, enticing further selling to "get ahead" of them. As soon as there was ANY trading at the ask, they pulled the order. Just a wonderful way to start the day .....
Buying opportunities don't help those that have their small accounts "all-in". To those of us in that group, it's a 50% haircut in minutes.
All of the volume that it took to go from the 20's up the past few days, and we drop like this on less than 5 million shares. Unbelievable. It appears that I have brought this upon you all, by chasing to get back in yesterday.
My question to the board is simple. Do we really believe that the ~180 million volume the past 2 days is because of an update in the "transactions" section of the Bloomberg site changed to include the merger, and the price action drew in new interest, OR, does someone know something that we don't know?
I'm just curious as to what the opinion is here, as it seems like too much money, and too many shares, traded hands, just to be due to the Bloomberg update. I'm hoping we can continue this push north, as I paid a hefty premium on my re-entry today, so as to not miss out, IF things are finalized soon. Thanks in advance for your feedback, and best of luck to you all!
I may have been foolish in the decision, but I chased today, back in for a million shares in the mid .005's. I hope that I have not brought doom upon you all.
I won't be crying about it just yet. Like I said, I may try to get back in, depending on where I'm at with my other trades. Problem I have with a small account is, when I see things sitting around doing nothing, I feel like my money is "wasted" not being in a more active trade. Then I sell, go elsewhere, and, well, we see what happens. You have been YELLING not to let a single share go, and those of us who didn't listen, certainly have only ourselves to blame.
I wish you all the best of luck, and hope this little Bloomberg update means that big day is nearly upon you!
Looks like you guys had an awesome day here! I'm a little disappointed in myself for getting out during that little lull in the action that we were experiencing. I wish you and all of the other SPCL longs the best of luck! I may have to try to free up some funds if you continue this move.
Wow, looks like my impatience may have cost me here. Looking good for all of those that held, I hope you guys can get into the .003's today. I was looking to get back in on Thursday, but other plays prevented that. At this point, I can only say, best of luck to all SPCL longs! I'll be rooting for that penny to come quickly!
I didn't care that you had an opinion. I just didn't like the fact that you were pumping the stock, when you had to have been selling in order to get the prices you claimed. From EOD one day, to 9:36AM the following day, you went from "buy, Buy, BUYYYYY!!!" type comments to "Big dump coming" with no sign that you had exited. Also, saying stuff like "HAHA Amateur profits! Go have breakfast at Mc Donalds; Happy Meal! LOL" when somebody flips a stock for a $1300 gain, near the HOD (actually, near the weekly high), is a surefire way to get under somebody's skin. Clearly, you did not like the fact that somebody disagreed with you on that one, in order to make such a comment.
Best of luck to you over here, and hopefully you can make back the commissions on those 300 shares come Monday or Tuesday.
I wish I had the funds available to pick up more shares here, but I was already tapped out on my latest re-entry at .1336. Was just looking through replies, and wanted to return the well wishes. Hopefully you were able to add to your position, if that was your desire. Looking forward to next week, for sure. Was great to see a close near HOD, and more importantly, green!
Perhaps a certain someone will be able to make back their 300 share commission come Monday/Tuesday. Best of luck to you, and all OWCP holders!
300 shares? What is the point of buying 300 shares when my $1300 gain last week was met with "enjoy your McDonald's" or something along those lines? If it had spiked back to .16, you would have been touting your "7th winning trade" on that 300 share trade, I'm sure. I say nonsense, because you reverse from bull to bear, and back, at a moment's notice without no sign of an exit. One day, you are pumping, telling people to buy at .16, next morning, "it's going to .11, that's why you sold". At this point I don't care what the chart says, it's all about my perception of you and your motives. I don't believe you as a bull, or a bear, because clearly, you are trying to manipulate others for your own gain.
So yesterday you were going back in at .11 and .13, but today that is moved down to .06? It is really starting to seem like you post simply to see your own words appear on the screen, and take none of the actions listed within them. Worse yet, I believe that when you do hold shares, you pump the stock, trying to entice other buyers so that you can sell to them. So today, you must be a "bear" because you want to get back in at that .11 level again, and then come Monday, you'll be a "bull", pumping the stock so you can sell in the .14's. Good luck to you, but I'm done reading your nonsense every morning.
Fell asleep with an order to get out for even money at .161. Woke up a few minutes after trading opened, to see that had filled. Now adding back on the way down. In for 10k at .146, 10k at .1417, and another 7500 at .13. Hopefully we can at least push back to a green close today, and really start the move back up tomorrow.
We have already closed the gap at .153, so hopefully OWCP can begin the move back up to retest that .20 mark later this week.
Added another 7500 at .155, that's all for now, as some of my funds are tied up in other plays at the moment. If it hangs out down here for a few more days, I may add as I exit others. I was looking for that gap fill, and should have waited a bit longer on my entry, but I'm sure I'll still make some money in the coming days.
Picked up 25k at .1625. Was looking for a bit lower before buying back in, but I'll save some funds to potentially add if we do dip much further, here.
I had hoped to see the selling wind down, and play this for a short term bounce. Now I'll have to see how things go, in at a .00337 average. I'll be happy with any move back over .004 this week. Live and learn, I suppose. I'm not looking to hit it big, just trying to build up a small account.
So says the one who was "all in" last week at .15, bought another 100k at .16, more "cheapies" at .177, and never posted the exit on those trades, yet somehow went back "all in" at .11 and .13.
I'm sorry that I am happy making over $1300 in 3 days, and that is not up to your higher standards.
All out at .175 from ~.144 average. Watching to see if .17 holds firm or not. If we see a pull back today, I'll be looking to get back in somewhere under .17. Best of luck everyone, hopefully I don't miss any big moves before I can get back in.
When did you get out from your "all in at 0.15"? Or those 100k you added at 0.16, or the cheapies you picked up at 0.177? You got out for a winning trade, you say, but I see no history of you posting your exit?
Also, how does one go "all in", if they have at least 16k to add just a short time later? Just trying to figure you out, as you seem to either be pumping when long, or bashing when hoping to get in lower.
Selling what, those phantom 100k shares you got at .115? It bounced back quite strong on Friday, at that .129 level, and while less so yesterday, it did move back up 13% off of that low of .127, before closing at .136. Bottom could be in around that .13 mark, as that is where it has seemed to find support since the big move last Thursday. We shall see today, but you have yet to get your .115, so let's hold off on the doomsday projections for now, shall we?
Got back in for 20k yesterday at .146, and added another 25k today between .14 and .145. Now we can get this moving back up to .20, please.
Took off the last of my original shares at .165, playing it safe in case it had pulled back any further. I figured taking some more off the table is never a bad thing, and besides, that leaves me riding 10k shares free, plus a locked 2k profit. I hope it goes over a dollar in short order for everyone here, and will continue to monitor closely should any further opportunities present themselves. For now, I'll just let my 10k freebies sit and collect dust, and hopefully cash in nicely on them some day.
Best of luck everyone.
No matter what stock you're in, or how much of a "sure thing" it is, there's never anything wrong with taking profits. I took $2700 profit today, which more than covers the cost of my 18.5k shares that I'm holding. Sure may not seem like a lot to most, but they are "freebies" that I can give a lot more wiggle room to than had I still been fully exposed. Sure, I may be kicking myself next week, if we get to that 0.25+ level, but if we somehow drop back to a dime, I still end up way up on the deal.
Sometimes we have to do the things that we don't want to do, in order to protect us from ourselves. Just imagine if you had NOT taken profits, and something bad happened here, driving the price back to 0.057. Just think how that would have felt, letting all those gains slip away because you didn't take anything off the table when you had the chance? I say, well played.
Flipped 23.5k out of 32k shares at about 0.20 avg, first thing this morning, bought back 10k of them at 0.1336. I'll let it go for a few days next week, and see where we wind up. Glad to see the break of 0.15 this morning, and the bounce back above it, so we may have some decent support in at that level, it would seem. I would love a push back to green by the close, but all in all, today was exactly what should be expected after the recent run, and it'll give things a chance to settle down before the next leg up.
Best of luck everyone, and have a great weekend.
Not going to lie, I took the chance, yet again, and got out at 15/16 the other day to pursue other plays. Wanted to get to that 2 million mark, so I hopped into another play at 0.085, and sold today at 0.20. Left some tied up there, and picked up my 2 million here, this morning, at 17. I'll let those shares ride for a bit now, and use the other funds to get my flipping out of the way elsewhere.
Great to finally see a little volume coming back in yesterday and today, and hopefully it can really get going again at the start of next week. I've tripled up my IRA in the past 2 months, so with more funds in the account, I'll hopefully be a little more patient, so as not to miss out if SPCL really starts to move. Best of luck everyone, and have a great weekend.
While I really hope it continues to move higher today, we HAVE to expect a pullback early on. Shares stacking on the ask between .19 and .20, nearly a 100% gain yesterday, I feel like we have to go down and retest that .15 level for starters. My luck has already gone far too well for this not to happen, as I went all in with a small account on Wednesday, at .084'ish, and am well over a double at this point.
I hope I'm wrong and we blast through .20 first thing, but it really shouldn't surprise anyone if we see a red day, or at least a decent pullback early on. Best of luck everyone, I have yet to decide how I'm going to play this, be it a flip, or an attempt to hold for a bit.
Yes, but a trailing stop requires some sort of pull back to trigger. In order for you to have gotten out at 0.1799 via one, when it peaked at 0.18, you would have been trailing by 0.0001. On the way up, there was a pullback of that size, more than once. Claim seems suspect, to me.
How does a trailing stop trigger at 0.1799 from a high of 0.18?
I am all for getting excited about a play, and throwing out potential numbers, but at least make sure you're providing the right information for those who are on the fence. When they see people talking revenue, then applying PE ratios to that, they start to think "pump and dump". As we all should know, there is generally a huge difference in P/E (price to earnings) and P/S (price to sales) ratios. Obviously with a company like PixelMags, margins should be far better than a company like Apple, for example, but still, some people may be looking at the as false or misleading information, in an attempt to pump a stock, and continuing to post the same things every day, may be keeping them from taking the plunge.
I mean no disrespect to you or anyone else on the board, just something that I've noticed, and I know it would likely bug me to see on a stock I'm thinking about getting into.