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sent a pm
Hey, let me know if you want to speak regarding a cert purchase. I have some certified shares I would like to sell (not all of them, I've been in this for the long haul). Let me know the best contact method.
Lifting here. Movement for any stock is a combination of actual pricing and overreaction. Even if the lack of news and updates is a reason to price this stock lower, it feels like this move was excessive. Willing to bet against this overreaction.
Been quietly watching. Have a sizeable stake here. Was wondering if anyone has color on when the name change might happen?
A market maker
Interactive brokers will as well as any less retail oriented ones.
I'm aware of the idea of how it might work, but do you have done quantitative measure? Again not trying to be argumentative, just want to ensure we are making sense here. As a side note, I would love for such policy to work as you describe. That would be a very good scenario.
Been lurking on these forums for a while and holding FNMA for some time.
I realize that everyone needs a reason to hold/buy this ticker, but we should remain objective and factual in our discourse. The idea that decreasing taxes increases government revenue is a myth. In fact, observing some data easily demonstrates a positive correlation. I am very open to look at any evidence to the contrary. Don't mean to call you out, but it's important to build our collective argument for FNMA in a coherent and factual manner.
Hope to post around here more often. Keep up the DD.
The move it made yesterday was way outside of it expected move given its average volatility. I'm not sure how one could expect much more than a 2 or 3 standard deviation move to the upside. The probability of yesterday's move was incredibly small.
The price decline seems a bit synthetic on the L2 level. For example, it's not really aggressive selling but rather a lack of liquidity and wide spreads. On any given day the bid to ask spread can makes this ticker up 10% or down 10%. This whipsaw teds to converge as we had a good flow of liquidity. As the tangibles come together and we have an influx of buyers, we should see more price stability (and hopefully returns).
Never quite understood the whole short argument. In all of my time in this industry it has never been easy to short on the OTC. There simply isn't liquidity available for brokers to be willing to take part in it. And based on EDXCs volume, I can't see there being many shares to borrow.
I mean the audit isn't opinion or conjecture not is the Mad Hatter deal. These are big steps. A lot of people bought aggressively the last few weeks. They're not selling and we likely won't see more buying until the aforementioned news develops.
It's simply that the bidder are not being aggressive. There is a small block on the ask around .0337 and it's clear to .044 from there. Hardly any selling, just lack of buying.
citadel just pulled a big block off the ask and now nite is showing on the bid. Looks thin to .06
Anyone here? Just grabbed some shares last week after the bleeding. Seems like a nice push up today.
My guess is either for completion of the m3hub platform (data driven analytics stuff) or dudad. I mean we can ask them.
Let's email them. Contact info is on the site. The age thing doesn't bother me really - you have to stay somewhere. Plus CoNJ is a pretty highly rated school and the SOA designations are no joke. I'm going to shoot them an email.
Found this http://www.bgzsolutions.com looks like we can contact them now.
I wasn't implying that I think it's a sector catalyst. I was simply stating that a democratic candidate would be beneficial and it seems likely given the current state of affairs. There are way more things that will be important moving forward.
Not sure where you're from but based on prior posts I'll assume a republican lean. Based on factual numbers the polls seem to indicate a democratic nomination.
With an incredibly spot Republican Party and based on general polling it's likely that Democrats will take office this year. This is good for the sector as the Democratic policy towards marijuana is beneficial.
"You may browse the names of business entities such as a corporations or limited liability companies online."
BGZ is registered as a general partnership in NJ - they won't show up with corporations or LLCs as partnerships are not taxable entity; partners take K1s and are then taxed.
As for the company itself, it's not a lawfirm, it's a quantitative analysis/research group. The are currently involved with a P2P insurance platform called Peermiums. Not sure if the sort of stuff they work on would compel them to make a website.
A stock does not have a trajectory. A trajectory is a deterministic path. Rather, a stock is a random stochastic process driven by events, fundamentals, and macro factors. If one knows the trajectory you speak of then it is in fact priced in due to the no arbitrage principle. This is the reason technical analysis fails as well as valuation techniques. The price that EDXC should be is exactly the last price it has traded at. This is in fact the purpose of a market. It is always advantageous to be factual about what one does and does not know. As for EDXC, the reason I have purchased shares is because I am willing to bet on a series of future event in which the price is contingent. That is what it means to trade directionally. No one knows the course til we get there. EDXC
What's the news?
I'm sorry but I don't buy that. Were trading OTC pink sheets. No one is here to act as a fiduciary of all senior citizens or save the world. Maybe some are well intentioned but to pick this stock out of the hundreds in this part of the market seems ridiculous. Time will tell what all of this means but for now the focus is development of certain business lines and sector development. Edxc
Anyone else find it odd that those who do not wish for EDXC to prosper are so polarized? I've never seen this in any other stock and I find the behavior odd. To post sever repetitious messages about the same thing seems defensive to me. Just a casual observation. I'm looking forward to this year. EDXC.
The struggle here is not fundamental but rather a product of lack of liquidity in the sector. The large daily standard deviation, that is, volatility, is synthetic. The lack of liquidity is enforcing large spreads. Of course the volatility will be large in the environment. A healthy influx of volume would provide for an efficient spread and smooth out returns as the spread is discouraging entry. Edxc
Spot on and welcome. Nice to see a new face. By letting this grow organically, the base has grow. I think the news will come rapidly and I hope that well see a move towards liquidity. Notice that we've had stability over the range the last month but lots of whipsaw and huge spreads. The market should tighten.
There are many good reasons to remind potential newcomers of ongoing events prior to completion. Namely, the gives a bit of a roadmap to the process. The fact that the audit has been reiterated validates that the process has been ongoing and has not been abandoned. I'm glad to see a bit of an update and I can see this being coupled with more line of business news to come. Edxc
Volume before price is perhaps the most commonly used false claim regarding price movement. Have you ever done time series analysis vs. volume to see some level or correlation or perhaps co integration? Fortunately I have for many many securities. There is no significance. Volume is a function of supply and demand. Lack of volume means that there is little of either supply or demand. Unfortunately, the pink sheets rarely have an abundance of demand due to a cyclical news and event structure. They are not like Apple with daily buzz. Moreover, it seems that EDXC shareholders are in it for the long run so there is little on the offer. Now some securities or products have intrinsic demand. Like SPY derivatives, due to their natural hedge against strongly U.S. Equity correlated portfolios. Again, OTC stocks do not posses this intrinsic quality. So in short, the volume has little to do with direction and more to do with the spread. Greater volume facilitates two sided liquidity and tightens the spread. Thats about all. The volume seen in the other ticker mentioned is synthetic because irs largely speculative scalping. They don't have the tight shareholders like EDXC.
Please refrain from the name calling - using words like "tards" is a sign of ignorance. Anyway, you can't "read" a chart. Technical analysis is akin to voodoo and the Easter bunny. Its a 50/50 game and with this illiquidity well see plenty of whipsaw. Multiples of consecutive comments from someone clearly negative on edxc might be as close of a technical indicator as possible. I smell defense. Edcc
You know more than the rest of us? Do tell. Be so kind as to enlighten us.
BGZ is involved with many startups. They're register in NJ as a general partnership as per the email. A website launch is pending and was on hold because a few of their clients that were intended on being featured on the website were still working with VCs. Edxc
Your reply is of little relevance to the points I have made. Nor do I understand the point you are trying to make. Perhaps I was being a bit verbose - perhaps I should employ the basic subject + predicate form. But I digress... I question the motives of one who holds shares and actively devalues their holding. EDXC
I'm thankful that the most outspoken opponents of EDXC have implied that either they are holding shares and actively devaluing their position (some sort of irrational manifestation of pride or perhaps a lack of other prospects in their portfolios) and henceforth have devalued their opinion due to the aforementioned irrationality of this behavior. EDXC
No such thing as fake moves. The price of a stock is what it is - a product of supply and demand. There is no way of knowing the supply or demand with any degree of certainty - we can just hope that the many lines of business that EDXC is pursuing will come to fruition. We can also hope that the sector as a whole will move from this slump. But seem plausible and those who are willing to make the bet have accumulated at these lows. EDXC
Its simply bs. If someone had 500k-1mil shares even 10 cents would be a nice pay day especially on a single ticker. Something isn't lining up with that narrative. Either its a shake for shares or they aren't holding anything. I don't know either way but I agree with you.
For real. Given the calls for this to continue creeping lower, you'd think you might want to get out now.
You honestly think that one of those clowns has a shot?
I don't know how much I can stress how meaningless technical indicators and "analysis" is, especially in the absence of liquidity. When markets are this wide you would see a lots of selling on a pop to .04.