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Only testing 200 day sma. Nothing has changed fundamentally.
A penny stock scam releases fluff and dilutes uncontrollably. Neither are traits this ticker possesses. SRNA is as legitimate as otc tickers get. It's called growing pains. Sell your shares if you really think that, savvy investors know where this company is heading long term and would be happy to take them off of your hands.
Agreed, laughably undervalued at this price. Dollars cometh.
Volume should send this flying in one direction or the other. Shares are locked.
It amazes me how this hasn't moved on that 8-k. Whatever, more time to accumulate these dirt cheap shares. This thing could see 5 plus easy imo.
8-k out. Benchmark builders did 386 million in revenue in 2016. We should be flying into dollars soon.
I was showing that on my scottrade app as well. Float locked? :D
Is my app broken or were we looking at a 50 cent spread the last few hours of the day?
Lol look at the 1 cent spread, nowhere to go but up from here, the drop in sp was pure manipulation.
What is the news? Link please? I'm not seeing it.
The volume that brought this down is pitiful in comparison to the volume that took us to the upper 20s. Don't get shook!
Loving these cheap shares yummmm
Imo we will see a slow trend upward until July from here. A lot of shares traded hands the other day and I think a good amount of those shares are in stronger hands now.
That bid/ask spread keeps growing. No liquidity at this level it's past time to move up imo
Does anyone on this board have prior chapter 11 experience that might be able to confirm whether or not this would be the case?
Because it sure seems to me that that information would be significant enough to require a PR
Just a thought, the hearing was public, but could it be that approval is considered inside information until PR'd?
Would that explain why there are no updated documents posted on pacer with regard to the final decision?
Looking like bid sitters are about to get left behind!
Is that Eastern or Central time? Thanks pb.
What time is the hearing scheduled today?
Actually, every business is considered a going concern. If a company isn't a going concern then they are bankrupt.
Look it up.
Looks like bottom is in, great buying opportunity imo!
20 million in revenues is one thing to compare to other tickets, but I think we are forgetting the main value driver here, which would be the association with a certain fortune 500 company. What's that connection worth on the otc?
No dead cats here, only market makers playing games. SRNA is as fundamentally sound as an otc stock will get.
Doesn't that look like a a lot of cash for a scam company to be throwing around??? I think I might just give those 7s a little slap today
Hey TALK haven't posted here in a while but still holding. Just wanted today damn those 6's just went fast!
If my stink bid at .135 gets filled I'll be ecstatic:D
From Lee Co Wikipedia page..
"In late 2016, the chairman Jia Yueting admitted that the company was facing acute financial troubles, stating: "We blindly sped ahead, and our cash demand ballooned. We got over-extended in our global strategy. At the same time, our capital and resources were in fact limited." The company has indicated that it will raise billions of dollars from investors, but did not specify where the money would come from or how it would be allocated."
Hmmmm
The moment of truth is near TALK longs, haven't posted here in a while but still holding. Float is locked tight and if all goes as planned then this thing is going to explode very, very soon.
It only means that we see the value that others do not. The wise and sophisticated investor takes advantage of this and accumulates more stock at bargain prices before the herd moves in ;). Holding this for the next 10 years plus, gl SRNA longs!
Or more like 150% plus for those lucky enough to have grabbed it at .06. I'm perfectly happy with my .09s and. 10s though.
It has held gains, the stock is up 100% from last year. No doubt that this trend will continue.
Highly unlikely
That's what I'm thinking.
High institutional ownership and extremely undervalued at this level for a company doing nearly 1 billion in revenue.
If they did try to crack down on the movement, they will be met with nothing but outrage. The movement has grown too far past the stage of critical mass to be stopped now.
If the federal government does decide to crack down on recreational marijuana, I believe they will be met with outrage and significant resistance. The movement is far past the point of critical mass and will not be stopped. All imo.
Started a free trial and bought the document.
Merger is still effective. Confirmed.
Projections 15 mil for 2017 and 20+ mil for 2018. Confirmed.
Is there a link to this?
I seriously doubt AVXL will see $2 again. We can see a clear reversal on the chart and an uptrend has been established. There is far too much good news in the pipeline for this uptrend to stop now. P3 trial for Alz being planned as well as the P2 trial for RS coming up.
Also a partnership is not unlikely. It would require some substantially bad news for this to drop that low and I don't see any bad news coming in the near future.
All imo.
Haven't posted in a while but still here. Just had something to say to this... lol..