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Better rule: don't believe for a second that OTC stocks trade with the same dynamics as "normal" stocks. There is a clear reason for this "falling knife" as you say. In a liquid and arbitrage-free environment placing a trade at a random time is as good as "timing" it because the probability that the trade gains or loses is 50/50. The OTC is certainly not liquid and the major drivers are far more deterministic than a stock on the NASDAQ for instance.
With respect to EDXC, there is a clear reason for this trend which lies beyond the realm of the fundamentals. When buyers come in due to the attractive/low SP we are now seeing, the market will correct itself. Personally, my projections of EDXC have not changed despite the current environment. The sector will move up from these levels. EDXC
This has been an all out campaign to lower the sp.. Time to buy up the cheap ones.. Edxc
I could not have articulated that better. Most sensible stated around here in some time. EDXC
You know nothing about whether investors here are "whales" or not. Second, you call this a "scam", present evidence to support that? The share structure here is way too good to support a share selling scheme. Third, due to point number two, the SEC has not shown any interest in investigating edxc because there is no scam.. Its an up and coming innovative mj play that lacks revenues like 99% of start companies trying to make a name in an emerging sector. Money will pour in and drive the price. Edxc
Huge news, wait for the whales to roll in. Not at these levels for much longer. Edxc
Severely oversold with increasing volume. Buy time. Don let them shake shares. Edxc
EDXC - Looking quite bullish. Strong support at .06 and buys starting to come in. Volume spike on Friday may be first strong confirmation of a coming run. Sentiment on EDXC board seems to be positive with a small group of bashers trying to shake shares. Buy range .06-.07. EDXC
I think these levels have been tested enough times to show that there is a strong base. Let the catalysts sink in and watch this run. Edxc
Btw I just found a post stating that our vending machine brother has 423 shareholders...
This is a loading point. Indicators are bullish, severely oversold, severely undervalued, nice catalysts in the mix, and past history confirms this behavior before this thing moves. Lots of confirmation, all that remains is for people to act on this opportunity. EDXC
Speaking from experience (my profession is highly quantitative), looking at a raw number without appropriate reference is entirely useless - care to provide us with a scalable metric of shareholder interest? You do realize that if a company is worth $1 and "only" 4 people want in on it then proportionately their is quite a lot of interest.
This is the biggest news we've had in some time. The market cap here is way too low for the territory that were stepping into... The market will adjust for this, hang on the the ride and buy them while they're low.
I hear lots of desperation from the other side. Plus edxc has more than one project in imo many are far more interesting and important than vending machines.
Without naming any mj play in particular - there are many that have share structures that are abysmal and akin to share selling scams.. This isn't one of them, low float and high accumulation. This will burst open soon and hit new highs.
That is not research,that's an opinion phrased as a fact (a dangerous game). If their business is to sell shares then why not print more shares. Their ss is tighter than almost any in this sector. Thoughts?
The recent negative hype is likely a front trying to shake shares.. Its happened before. This temporary price move has created an opportunity.
This is another chance to accumulate low, this is temporary and largely driven by low volume. Te whole sector seems rather flat and undervalued. This is when to buy, before the hype and the run. Edxc
Can you please support your assertions? Why do you think its a scam? EDXCs share structure is in no way indicative of a share selling scam, nor are partnerships with Nasdaq companies... Please advise.
This is getting out of hand. This is manipulation, plain and simple, if someone thinks that this is a scam then they shouldn't invest here - if someone has no stake in EDXC then why try to drag it down? There is plenty of room in this sector for many companies with varying specialties. Edxc has one of the best share structures in pennyland and has been building a legitimate core for some time. These ventures will prove to be lucrative if they come to fruition- those who are willing to speculate on this will reap the benefits.
I remember the amount of manipulation that occurred prior to the run last year - this is getting held down. Anyone who wants more should buy into this weakness... Its synthetic and clearly some here have an agenda. Wouldn't be surprised if they want some.
Ahh yes, my "free mind" ... as tangible as the machine deliveries, the tooth fairy, and the easter bunny.
I'll hear you out, why is erbb worth a buy and justify the float
Just wanted to share my sentiments as many of those invested in ERBB have kindly done so elsewhere.
This is from 12/12/14 by the way.
http://www.hotstocked.com/article/88777/american-green-inc-otcmkts-erbb-is-crashing.html
This has nothing to do with the anti-pot movement - its simply some basic DD.
One big paper factory: http://www.hotstocked.com/article/50262/tranzbyte-corp-pink-erbb-fifth-time-s-the.html
Sad that the SEC hasn't halted it already... at this rate it is quite possible.
Sub penny soon in my opinion: http://www.pumpsanddumps.com/2013/04/erbb-uses-full-court-press-to-dump-pile.html
Article sums up this company pretty well and pumpsanddumps.com has a very good track record for finding the scams.
Love how my last few posts in opposition to the nonsense being posted were deemed to be off topic. However we can repeated post the same exact thing with absolutely no context or research backing it and its completely cool. This sector hasn't even started to move yet and we are gradually establishing a base at the .06 range which is an improvement from the .04-.05 range we were at a month earlier. Patience wins this game. EDXC.
Here's an interesting tidbit - these are the annual returns of EDXC for 2009-2013 and YTD respectively: 200.00, 33.33, 42.86, -10.00, 722.22, -12.16. If one had been in with 10k in the beginning they'd be sitting on a bit over 500k. Moreover, the peak value would have reached nearly 2.5 million a little less than a year ago. The point is - people who have patiently built positions and are not micro-managing prosper in the penny game. A stock doesn't progress like this over several years for no reason. Hang tight and reap the rewards.
Here's an interesting tidbit - these are the annual returns of EDXC for 2009-2013 and YTD respectively: 200.00, 33.33, 42.86, -10.00, 722.22, -12.16. If one had been in with 10k in the beginning they'd be sitting on a bit over 500k. Moreover, the peak value would have reached nearly 2.5 million a little less than a year ago. The point is - people who have patiently built positions and are not micro-managing prosper in the penny game. A stock doesn't progress like this over several years for no reason. Hang tight and reap the rewards.
Here's an interesting tidbit - these are the annual returns of EDXC for 2009-2013 and YTD respectively: 200.00, 33.33, 42.86, -10.00, 722.22, -12.16. If one had been in with 10k in the beginning they'd be sitting on a bit over 500k. Moreover, the peak value would have reached nearly 2.5 million a little less than a year ago. The point is - people who have patiently built positions and are not micro-managing prosper in the penny game. A stock doesn't progress like this over several years for no reason. Hang tight and reap the rewards.
Here's an interesting tidbit - these are the annual returns of EDXC for 2009-2013 and YTD respectively: 200.00, 33.33, 42.86, -10.00, 722.22, -12.16. If one had been in with 10k in the beginning they'd be sitting on a bit over 500k. Moreover, the peak value would have reached nearly 2.5 million a little less than a year ago. The point is - people who have patiently built positions and are not micro-managing prosper in the penny game. A stock doesn't progress like this over several years for no reason. Hang tight and reap the rewards.
Here's an interesting tidbit - these are the annual returns of EDXC for 2009-2013 and YTD respectively: 200.00, 33.33, 42.86, -10.00, 722.22, -12.16. If one had been in with 10k in the beginning they'd be sitting on a bit over 500k. Moreover, the peak value would have reached nearly 2.5 million a little less than a year ago. The point is - people who have patiently built positions and are not micro-managing prosper in the penny game. A stock doesn't progress like this over several years for no reason. Hang tight and reap the rewards.
I lay low here cause I'm locked and ready for the run. Just want to say that the unsophisticated fear mongering going on here is an insult to any individual who posts quality due diligence - regardless of whether or not it is for or against EDXC.
Been laying low for a while. I think we should be hearing news this week. In the coming months we will see a massive influx of money into the sector. Unfortunately, many companies have been made into paper printing companies and are bloated pigs... On the other hand EDXC is not - while I agree that our ultimate goal is to see revenue, keep in mind that we must establish a base first. And its seems that EDXC has done so without toxic financing which is going to allow the share price to move up as news flows in.
This is the type of news we've all been patiently waiting for. There is strong indication that EDXC has much deeper value than is currently reflected by the PPS. That being said, the next push into the teens might be the last time anything sub-.10 will be for sale. The coming political events fortify this sentiment. EDXC
A little more buying pressure would move this. EDXC
Looks like we're establishing support around the upper .06s. Anyone who missed the bottom should try to lock in sub .07. Once that breaks we should see a push to .10. Don't become a chaser. EDXC
And the chase begins.
Pennsylvania passing legislation should provide an additional (and certainly tangible) catalyst to the mix. Glad I grabbed those .04s. EDXC