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This stock has been channeling up on the 3 year chart fairly consistently as in currently at the bottom of the channel. At some point the speculators will get in and this thing will pop.
Earnings Reports are always a lagging indicator. I live in an area that uses Marathon Oil through Arco and other brands. While traffic is still down it is higher than it was earlier when no one was on the road. States are beginning to open up. The price of oil is also starting to creep up as well....
Trading technicals are starting to look good.
DMI cross over, parabolic SARs convergence, slow stochastic upturn.
It is going down because they added a bunch of new stock to pay some employees. It should eventually stabilize out between 0.007 and 0.017 about 16% lower than it was. It is the promotional/news spikes that most people wait for when trading.
Now's the time to buy. When this stock pops it will go high.
Often this stock is a pump and dump. Right now as of 3-9-2018 it has been going down on low volume and no news, so it will swing the other way at some point but who knows when.
23 million new shares added to the 140 million already out there constitutes about a 16% drop in price per share. That would bring a 0.01300 price down to about 0.01088. If there are continued future rounds fears of having to wait for the investment to provide a return could keep it low in the short run.
Oh my!...How low can she go.
The community sentiment is negative yet the price has risen recently on scant news. Perhaps the market makers are trying to get a good price before the stock drops again. What are your thoughts?
I wonder if Paul is going to "raise" money from investors and never provide them a return. I expect this stock to drop and keep a holding pattern near it's low. It is usually better to get out and into a stock that's on the move. Waiting sucks.
There is an old saying buy on rumor sell on news. Right now we are in the rumor stage with this stock.
How Low can she go.
The company is doing things to grow the business. I've seen a few of these stocks, one piece of solid good news coupled with constant work to grow can cause these things to explode over 1000%. This company is obviously communicating with investors and making progress toward growth. A little patients will pay off.
On the three year chart this stock has bottomed out about here so I think that there is support. Last time it jumped from the bottom up to $0.13 really quickly. In the last year or so the volume has been increasing and they actually have contracts and a store so I expect the first positive earnings report will jump this stock way up provided there isn't too much dilution.
Sell the oil and gas assets. Use the money for emergency cash reserves. Provide us info on sales and revenues thus far. The store has been open how many days now? The cash reserves can help make payments on debt that NGMC currently can't afford until MJ revenues can kick in. It can also help with emergency restocking inventory. This debt is a killer they need to get payments delayed and interest reduced.
More stuff on Christopher
http://www.sec.gov/litigation/litreleases/2011/lr22146a.htm
I want to see legitimate verifiable info on this company. I want to see gold.
Their website needs updated to remove Christopher Dubea as an officer. http://www.sec.gov/litigation/complaints/2010/comp21674.pdf If this went through.
Secret buying it appears from the flat priceline. Someone has a large limit order in.
How much money are they raising from this latest pump and dump and what are they using it for? How much do the promoters get and what is the timeline for this "investment" (if it is that) to pay back?
INNO has had a flat line for quite a while even with some volume. It has also got some occasional moves up but always back down to the flat line. It is like someone has a large limit buy order at that price and they snap up any volume that drops down to it.
Nothing is happening. No News. Are these guys still alive? Are there still ships to salvage? It is kind of important to communicate with your investors inno.
There seems to be a bunch of these shops here in Washington state. I saw five on the same street(lake city way for locals). When MJ became legal here the shops sold out of inventory. Buyer prefer to buy legally. I think it help ensure the accountability of the seller. I expect NGMC to start making money within a few years as MJ is becoming more socially accepted and legal. Their getting into MJ I think is a smart business move even if it is a poor moral move. I who love America hate to see the dumbing down of America.
Here is someones write-up on techsonian.com
Penny Stock Buzz- Creative Edge Nutrition Inc (OTCMKTS:FITX), Here Enterprises Inc (OTCMKTS:HRTE), San West, Inc. (OTCMKTS:SNWT), Bio Matrix Scientific Group Inc (OTCMKTS:BMSN)
SUBMITTED BY PENNYSTOCKPARLAY ON JULY 26, 2013 - 07:44 PM
Houston, TX – July 26, 2013 – (Techsonian) – PennyStockParlay.com Our process for picking penny stocks is not only unconventional, but untapped, undiscovered, and also exclusive. To keep our picks consistent with how only the “Best Penny Stocks” perform in the penny stock market, we have to keep our penny stock picks producing large and consistent gains. Have a look at today’s active stocks: Creative Edge Nutrition Inc (OTCMKTS:FITX), Here Enterprises Inc (OTCMKTS:HRTE), San West, Inc. (OTCMKTS:SNWT), Bio Matrix Scientific Group Inc (OTCMKTS:BMSN)
Creative Edge Nutrition Inc (OTCMKTS:FITX) gained volume of 37.75M shares and the average volume of the stock remained 46.44M shares. The 52 week range of the stock remained $0.045 – $0.0013 and the day range was $0.0014 – $0.0019, recently. The stock opened the session at $0.0015, remained amid the day range of $0.0014- $0.0019, and its recent trading price was $0.0019. The stock showed a positive performance of +26.67% in its trading session. Creative Edge Nutrition Inc. (CENergy), formerly Laufer Bridge Enterprises Inc, is engaged in the development, marketing and sales of nutraceuticals and health supplements.
For How Long FITX Gloss will Attract Investors? Find out via this report
In the recent trading session, Here Enterprises Inc (OTCMKTS:HRTE) traded 7.77M shares and the average volume of the stock remained 3.03M shares. The 52 week range of the stock remained $0.0001- $0.006. The stock was a up +100.00%, while its trading price stayed at $0.0002. The market capitalization of the stock remained 163,800.00 shares. The half-yearly trend of the stock remained positive +100%. Here Enterprises, Inc. is a development-stage company. The Company through its wholly owned subsidiary, Here Network Corp., operated a Website dining guide at www.dinehere.ca called Dine Here.
Up or Down
Scam or not this stock is running out of volume. The support at 12,13,14 seems pretty strong. Are we running out of sellers? What is needed to break though the support? or Are we at the bottom? Opinions?
You can sell now and try to buy it cheaper later. If this stock goes down or sideways you may be sitting on this for a while. "Let your profits run and cut your losses short" is an old market saying. It is difficult to predict the future. Sometimes it is best just to hop in when things are moving up and get out when they are not. I personally don't like to have my money tied up unless I am reasonably confident I know what will happen. It's your call the stock may go up but if you don't know, you are gambling and not investing and you should get out.
The lowest price point I can see on my charts is 0.0009 mar 2011. Which is where it needs to go to properly fill out an upside down head of a head and shoulders before it starts heading north again. Now this was before much dilution and in days of greater hope and less history. But chart-wise it is certainly a lower base of support for which we might see a bounce. It might be good for collecting some scalps.
Perhaps supper supplements is small peanuts but it is usually where I go as GNC is usually expensive. I really only buy supplements on the advice of body builders and trainers at the gym who show proven results. This is why having the gyms carry the product is so important. And it needs to taste good like muscle milk.
Most investors cannot take a short position on this stock because it is below $5 and brokerage rule disallow it. So there will be no short squeeze. What will bring the stock up is the company actually becoming more valuable and this information being effectively communicated to potential investors. Every heavily invested parent thinks their kid can become president but how many actually do? I too have faith that this company will go back up and I have a set price in mind I think the company is actually worth given it's history. If it reaches that price I will buy more otherwise I will just sit on the $150 worth of share I currently own as it isn't worth the cost of commissions to dump them. If you want the stock to go up pressure the company to do what is right and then wait.
Do they have the best products on the market? Are they available at super supplements, 24 hour fitness, golds gym? How unique are their products compared to other supplements? Are their employees also share holders and have the same interest as us? What sets them apart as a company? What single vision drives them? How are they adding value to the universe? Is there the hope of profit for the rest of us?
Who here can short Fitx? Scottrade doesn't allow me to short stocks below $5. I would think if any shorting is going on it is done mostly by market makers.
The promoters promoted the stock too often and too consistently with diminishing returns. A third party trader which could be connected with the promoters or could be the promoters themselves decides that it is his trading strategy to dump on the opening day of the pump and buy back at a lower price once the fear sets in. This is a sell on greed and buy on fear strategy. Strategy needs to change from time to time because of diminishing returns of any one strategy as people catch on.
A poop and scoop is the opposite of a pump and dumb. A promoter does something to get a stock to drop and then picks up shares at a low price which they will sell when the stock returns to normal levels. They may also wait until the next pump and dump or may have insider knowledge about news that will positively affect the stock.
I wonder
I wonder if pump and dumps have actually become poop and scoops. It seem like everyone knows the pump and dump schemes these days. Everyone seems to want to get in and out early and the stocks have been falling faster and faster. Fitx would be a perfect candidate for this now as the effect of previous pump and dumps have been waning.