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Thats just not true tho. Some big buyer came in and spent $50k and wiped out the entire .005s and early .006s. That was probably someone from the conference that was impressed enough to spend $50k on a market buy for a penny stock.
It immediately got bid whacked back down to the .005s on super low volume and no support. No sellers made profit. The next day, some poor soul sold 14 million shares around .004. Again, no one made any profit off that from the conference unless they were in from the trips many years ago.
Either way, longs from the conference or just longs in general just picked up another 30 million shares from those looking to get out or flippers.
100% agree. I’ve been in that spot many times
Someone needed money very badly. They basically lost 15k with that trade or more. Not to mention what they lost when this inevitably gets over a penny.
Am I missing something here? Biggest volume in months is a dump nearly 50% less than where the SP was at three days ago? That was a mind boggling sell.
Who is selling in the .004s haha. Free money to those that bought.
Any other mystery big time investors want to drop another $50k and take us to the .008s?
Non ihubby haha
Look at that accumulation too! This is one of the safest buy and holds in the OTC IMO. Glad to have some good investors on this board.
Oh I was definitely reading all of that. Appreciated it! Thanks for helping those of us that couldn’t make it. I was more so hoping the company itself would have followed up with their own updates to shareholders and the public. It’s not a big deal, but it would have been nice.
i think the .005s are nearly cleaned out unless we have a few short term traders trying to take profit. Just need those bigger bids to move up and support.
Looks like .006 should be the next stage soon, and with any real volume we have a big run.
It’s definitely ridiculous, but looks like there was no support after that. They walked it down on air. Silly OTC nonsense.
Looks like it. Fairly confident buy to say the least haha. But when you know where this is going, smart investors buy well before houses are being built and the SP has already skyrocketed.
Also, wouldn’t be surprised if that was a single investor that just invested over 50k in one fell swoop. Speaks to the confidence of those that know what’s going on.
Certainly those are the investors that matter and make up the vast majority of LIGA and probably most of us on this board. That’s why I generally appreciate this Ihub board. With a few exceptions, there’s great discussions here.
Approaching 52 week highs
For sure
That’s a lot of love going on there! I live in Indianapolis. I’ll try to make it out there soon and get some more pics and info for everyone. I love that LIGA has so many different ventures going on. I can see how one day the LIgA homes will also be incorporated in some fashion up there.
I feel you are spot on. It’s just unfortunate that outside the conference, I feel that LIGA does a poor job of conveying all of that to a wider audience. I understand they don’t want to put out fluff, and I agree. Yet it seems they have a lot of very solid info that would be helpful to both shareholders and potential investors that they just don’t get out there.
For instance, if our new major partners with Horton are going down to Panama City and are confident of knocking this out in short order - that would be a huge opportunity to PR this. Get quotes from them, ask them to PR it on their side. Etc.
Was hoping to see some updates on Brentwood or Panama City or Livestor
I’m going to guess these prices will be a steal not too long from now. Can’t wait to read the updates they release later today.
Are they recording this in anyway?
Make sure to tell them to help us get this SP to where it should be!
Beam, thanks. Can you clarify what 3.7 million dollars is in place means? As in the funding has already been received/finalized?
All the LIGA buyers must be at the conference and waiting to buy til tomorrow haha. Thanks everyone for the updates!
Thanks!
Based on what metrics? When I look at actual facts, there has been great growth both in revenues and shareholder value since new leadership took over three years ago.
If you got in back in 2016 ( I didn’t) you would be up 500%. If you got in at the next plateau in 2017 (me), you would be up over 100% and had a chance to sell at over 500%. I’ll admit the new consolidation and progress has been a bit slow the last year and a half, but this is NOT another garbage OTC stock. Complete opposite. It just isn’t for the impatient day Trader.
Should be a fun day for the company today.
I’m ready. I’ve been here for a few years now. Locked and loaded for any run.
Definitely. Very strange.
looking forward to the updates on Monday. Enjoy the weekend!
This has been accumulating in this range for nearly a year. It’s primed for a major move. Just waiting on that inevitable big volume time period. Personally I’ve been soaking up shares here and when it was in the .004s.
Wouldn’t be shocked to see a multi penny run in the next few months with a consolidation near .02. Also wouldn’t be surprised if I say the same thing next yearlong haha
This is some interesting info to consider. I believe since it is a public event open to all, any information shared would be considered ok by the SEC. I could be wrong. Also, it appears they are trying to record the conference, but I have heard nothing updated from the company of course.
This is from the latest PR about the conference:
"LIG Assets CEO, Dakota Forgione, stated, “I believe the dramatic growth for LIGA in 2019 and into 2020 is just a manifestation of what has been developing and will be revealed in the following weeks and months ahead and I, along with our entire management team, anticipate LIGA exceeding even our wildest expectations for growth and profitability before year end. It’s important for LIGA shareholders to see these disruptive, game changing technologies explained and demonstrated by those at the leading edge of their respective fields. It is an experience not to be missed and one LIGA is proud to present at our 4th Annual Sustainability Impact Conference."
After 3 pm, CST, LIGA will be making several announcements and there are plans to film the conference for broadcast either LIVE or for broadcast on LIGA's website at a later date for those who can’t attend."
This is from the SEC.gov website:
Question: If an issuer wants to make public disclosure of material nonpublic information under Regulation FD by means of a conference call, what information must the issuer provide in the notice and how far in advance should notice be given?
Answer: An adequate advance notice under Regulation FD must include the date, time, subject matter and call-in information for the conference call. Issuers also should consider the following non-exclusive factors in determining what constitutes adequate advance notice of a conference call:
Timing: Public notice should be provided a reasonable period of time ahead of the conference call. For example, for a quarterly earnings announcement that the issuer makes on a regular basis, notice of several days would be reasonable. We recognize, however, that the period of notice may be shorter when unexpected events occur and the information is critical or time sensitive.
Availability: If a transcript or re-play of the conference call will be available after it has occurred, for instance via the issuer's website, we encourage issuers to indicate in the notice how, and for how long, such a record will be available to the public. [Aug. 14, 2009]
Not quite sure, but didn’t they do that last year too? I believe the point of it is that they will be releasing quite a bit of updates and more to those that attend the conference on Monday. Once that’s over, they will put out the PRs? That’s all I can come up with.
Crazy to see this so dead after a huge announcement. Looking forward to more news on Monday.
I’m surprised too. Back down into the .004s
Sure is quiet!
Back to the quiet stage! At least no one is selling. Anyone going to the conference?
Definitely. This isn’t some BS OTC stock. You see this much of a crazy pullback and there is always a rebound.
Great day yesterday, getting crushed today though for some reason.
I’ve only seen a few like it, but my opinion is that insiders and long investors are building their positions. I’m expecting a run to the multi pennies in the next few months. But who knows, I thought it would happen by now!
GM LIGA. Slowly inching toward the conference. Not sure if we see any moves til then when we usually get a lot of exciting updates.