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Makes sense
I don’t think it’s any insiders. Could be business connections or family or others. The two biggest shareholders are not insiders and they own over 270 million shares combined. My guess is that a decent sized group of investors with some deep pockets are taking shares from impatient day traders. It’s probably set up for a nice move soon.
I also went back through the 10Qs and this is the first Q where they actually listed the exact shares for insiders and 5%
Why is that a bad thing tho? Would you rather have them selling or worse? Insiders and family buying in the open market is a great sign for any company IMO.
Its certainly within reach. Just a bit more bid support and we could easily clear the remaining .005s at any point. Id love to see us get back over .01!
Still waiting on buyers. I don’t think it will take much for this to move quickly once they do show up.
At least one nice buy today.
I agree with you there. But why now, Along with $27k sitting on the ask at the same time.
The games on this stock are getting old. At some point there needs to be heavy buying volume to break out of this garbage.
Busy day here!
It does look good. Clearly we are a bit stuck SP wise, but the company is making solid progress overall. Looks like the end of this year and early 2020 will be very interesting.
Also, interesting to see that insiders and two major holders own nearly 25% of the company.
Doesn’t seem to be getting “up” just yet.
Been a nice few days. Now we just need some good news and heavy volume.
Another decent wall at .0057
What does REAL buyers even mean haha? Are there fake buyers?
My eyes are wide open! Get your Ihub buddies to push this up to .03 and I’ll send you a gift of your choice haha.
I do like seeing these silly walls being thrown up and immediately getting bought lately.
What do we think the next batch of updates will be? This has been an extremely quiet year so far, granted there have been clearly a lot of things going on in the background.
Hopefully the company starts ramping things up to finish this year and get the fun started again!
We just have not had consistent high volume buying in a long time. Been a bit of a slow bleed for awhile now along with some normal OTC games. I’m hopeful the new CEO releases some good news soon and we take off.
But we still need buyers! I picked up about 50-60% of the volume on Friday btw. I think anything in the .004s will be a good bargain.
Do you honestly believe what you are saying? So QMC has never made a product sale because they don’t want to sell their amazing product too cheaply?
If you are right, that would be the ultimate long game for sure. It’s been 10 years now, so the most likely scenario is that they don’t have the superior product or they can’t figure out how to integrate it into end user products efficiently.
Whole lot of buying today!
Hoping the CEO comes out with some big news soon, along with their plans moving forward.
What happened to all the sellers?!
I would certainly take that! We sure have been here for a bit at this point. I like the new CEO hire.
Nice buys. Ill be adding a few million the next week or so
Ill take them once my money clears if its still there in the next few days.
Dangle those few million just a bit lower for me.
lol
Busy board today!
Trading does look good, and hoping for a nice push north again soon.
Same. I picked up a few hundred thousand in the .02s. Nothing crazy, but interested to see where this goes.
Good to see you here too. Definitely intrigued.
Great post! Yep, board is quiet, but nothing to really worry about here.
I can’t tell if you are being serious. Market cap is supposed to show the value of the company which is simply shares x share price. The value of the company was never $400 million, so once they got rid of the ridiculously high share count, the marker cap corrected to a reasonable level. That should be a good thing, no?
Not to mention we are talking about a low float low volume day. People aren’t dumping. It’s just a normal down day.
I hate this phrase on Ihub.... but, maybe just sell and move on. Plenty else out there to trade. If this one isn’t up your alley, no worries. Just no need to get too frustrated by an OTC stock IMO, unless they are doing something incredibly illegal.
Who sold below .037 haha?
Another nice day today for BFCH!
IMO, the OTC major runs are all about hype and a story to sell. If you want to sustain a price after a run, however, you need actual fundamentals to warrant that run. BFCH could potentially be one of those. The reductions in the SS is massive as it doesn't create an absurd Market Cap. Time will tell.
Ask is super thin
Wish I bought more two weeks ago.... glad they actually came through on their word. Shocking for the OTC!
I’d say it’s a coin flip. Been a part of at least two major destructive sell offs after news or disappointing numbers. The only good thing here is that no one seems to be pumping this. It’s a relatively quiet board. No one may be paying attention!
But there are so many variables in play for this hearing today and people probably shouldn’t expect this to shoot to the moon or even think that it’s guaranteed that all those shares come off the books. It would be nice though!