Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
It's been explained here too many times to count. Note holders and MM's are trading the stock. There is no accumulation happening.
I posted an article that said Uber installed about 100 meters in cars there. Meters made by Pulsar. There has never been a PR about UberMoto using meters anywhere.
Watching World Moto's trading pattern is like watching a patient without a heartbeat. Pretty easy to 'read the tape'. It's called a flat line.
UberMoto uses GPS Cueva. They don't use meters.
So like a tarot card reader then.
Yes it's so valuable just look at how many they have sold. High demand for sure.
Ride sharing companies use GPS. The few laws that have been passed are laws for taxis who register with the state. Ride sharing companies argue they are not taxis. You already know this because we've been over this 100 times.
Because other companies like link Lanka and pulsar are selling meters and WM isn't even in business to try and defend a patent.
They literally just dropped the ball.
12 million form T trade after hours. That most likely attributes at least 24 million to MM's.
Too bad that something amazing won't ever benefit retail investors.
For years World Moto released unverifiable PR's ambiguously stating certain milestones the company was reaching. None of which ever resulted in sales and the pps dropped to near zero until they went out of business.
Now World Moto lives on in this board with posters carrying on the unverifiable claims with their hopey dreamy posts while note holders and MM's continue to trade stock. This is the most hilariously delusional conversation I've ever been involved in.
Click fare detailed quote, then trades.
12 million of today's trades were made by an MM. Some accumulation going on.
The ride sharing market is hot. It's hot with app based companies who use gps. World Moto never had a payment system that integrated with the app.
Listing a bunch of successful companies who have nothing to do with World Moto doesn't make World Moto successful. It highlights their failure to enter the market.
World Moto is out of business. That's their story. That's the only story.
.0006 wow. I guess no FDA approval then.
"But I've been right more than anybody here, mostly every single time"
Well there you have it. We've been blessed with self righteousness.
300 posts today that had absolutely nothing to say. They all believe World Moto is now FDA approved. If that isn't the biggest joke to get people to buy into this dead shell I don't know what is.
Today's promo would have been great cover for note holders to unload a lot of shares.
Maybe tomorrow's approval will be from the FBI.
Gotcha. Thanks. FDA. Hilarious.
Is that the entire post from that site?
No it's probably FDA. That would make sense since World Moto may be trying to install meters on subway sandwiches.
Or maybe it is a typo and they meant CDC since the company is dead.
No one can read this without being a member of the site. Can you cut and paste the article here?
Your link doesn't open up to the article unless you're a member. Can you cut and paste the article? I'd like to read it.
There hasn't been a patent approval in over a year.
I don't check this as often as I should and I missed the run this morning. I put a sell order in a .0014 as it was crashing back down. I'll guess I'll wait another 3 months and see if it happens again.
The most hilarious aspect of today's trading is that no one has any idea why the pps increased or why so much volume. Everyone seems to have heard something about something but no one knows anything about World Moto.
Every time the pps has done this it's crashed back down to it's lows because there is no news behind it. This is a dead company trading blindly. Good luck to everyone buying. Suggest you do a little more research here.
It is in China. You just can't verify it.
Setting it straight? Lol. It's exactly what Sujitta said it was.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=133008137
Sujitta just explained this 2 days ago. There were 2 trades all day today. They were for the exact same amount and the last one was a form T trade.
I'm not sure which part of this wasn't clear the first time. Motorcycle taxis aren't mainstream transportation in China. From what I could see they don't exist.
Most of what World Moto has said in it's PR's has been false information.
Despite it being illegal for motorbikes to offer a taxi service to the public-based on Chinese traffic regulations, the motorbike taxi business in town is booming
https://www.shanghaiexpat.com/news/hop-guide-motorbike-taxis-shanghai
If you search for motorbikes or motorcycle taxis in China it's hard to find anything that is less than 5 years old.
When I was there in May I was with 8 other people. The Chinese are very strict about a 4 person limit per taxi which left us always needing 3 taxis. Hardly anyone in China speaks English. To get around in any of the cities I was in I had to have someone from my hotel write down the name of where I wanted to go on 3 separate pieces of paper as well as carry the name and address of my hotel in order for us to get back. We used these for the taxi drivers. Once we got to where we were going we literally ended up walking 8-10 miles every day all around the city as we couldn't communicate with taxi drivers to go anywhere other than back to our hotel.
Trying to navigate the taxi system was literally all we did every day we were in Beijing, Xi'an and Shanghai. I saw a total of 2 tuk tuks the entire time I was there and no motorcycle taxis. Not one. Anywhere. I was looking everywhere we went. You can believe whatever you want. If there are motorcycle taxis in China they are harder to find that a moto-meter.
What everyone in China does have are electric bikes. These are the preferred method of getting around short distances. The vast majority of the population takes the subways.
Yes and dragons too. Why would China need WM when they already have Didi Chuxing that already offers app enabled taxi service?
I'm sure knowing motorcycle taxis and tuk tuks are not used in China probably is irrelevant too right?
Simple answer. There is no accumulation going on. .0004 is a nearly 100% drop in value.
The stock is trading near its historic all time low. Yes I agree the market has priced in the overall value of the company.
If the IP has the value that you think it does, then why do you suppose their only source of funding has been the toxic death spiral financing?
A new start up business that is looking to raise capital in it's pre-revenue stage is looking to borrow at the best terms available. A potential investor's first priority would be to assess a valuation of the business to determine how much they may be willing to lend. A key part in determining World Moto's value would be determining the value of their intellectual property.
No one but World Moto knows who all they tried to obtain funding from. All we know is that they weren't able to obtain A paper terms. Not even B paper. World Moto's funding is D credit. It's hard money financing.
If their IP had substantial value they would have secured better finance terms.
Another 5,000,000 Form T trade at the end of the day that supposedly isn't happening. Because that's normal on a daily basis.
Perhaps you'd like to share with us the fundamentals involved behind the chart movement.
Good grief. Tens of millions of shares are trading daily for absolutely no reason and every day ends with form T trades. These are not people accumulating shares.