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Premarket trade at .0025 for 1,003 sh.
Really? $2.50. Goofy trade...
Morning Berk.
Maybe we get some more good news today. I plan to buy more.
I have a few questions.
How much money did mwwc invert in $DOX?
How many $DOX were bought?
Where did the money come from to buy $DOX?
I think if the news was more clear on these items it would help. In the meantime I will continue to buy the weakness.
Looking for an at or near .004 close today if the chart plays out right.
I think .005 by Wednesday in my opinion if the inverse H & S stays in play.
Wow. Volume is low...far less than I own.
Looking like they want symmetry to the chart. Looking for close of .0035. Inverse H & S forming.
I agree. Dip and rip.
They need to reduce the AS and OS before they split..
Currently the AS is 4.5B. This will go to 45B. So if they buy back on retire more shares prior to the split that will improve the value per shares.
I agree that would be best.
Reverse splits tend to be used by OTC companies that plan to diluted shares in the future. I do not like reverse splits.
Forward splits tend to be used by growing companies to create interest.
In theory the split does not make any difference. 3 shares at .01 = .03 and 1 share at .03 are the same. It is all about making something look more attractive to buy.
Forward splits tend to create more hype for people to buy the stock since it appears to be cheaper per share and you can buy more shares.
For reference:
There are 2 types of stock splits:
A forward split and a reverse split.
A forward split is when a company increases the number of outstanding shares held by current shareholders. Let's say you're a shareholder in Company X. You own 100 shares and each share is worth $50, for a total of $5,000. Company X decides to do a 2-for-1 forward stock split; this means you will now have 2 shares for every 1 that you own, or 200 shares, with each share now being worth $25. Although you now own twice as many shares, your investment in the company remains the same at $5,000.
A reverse split is when a company reduces the number of shares outstanding. For example, a 1-for-2 reverse stock split means that you'll receive one share for every 2 shares that you currently own.
I agree. Buyback first. Forward split later.
Dip and rip day possible...
Looks like we are starting to move a bit.
We just need a flame to set us blazing.
Just think about it. Who in their right mind would buy or sell only 777 or 100 shares of a sub penny stock? In most cases a transaction for a retail is $5 minimum. 777 * .006 = $4.662 and 100 * .006 = $0.60.
This is MM activity only.
These trades are on the tape just about every day.
The market maker code 777 is a signal used by other market makers to move the stock price upwards
I think it was a retail dump. I am just saying the market makers are sending up a ton of signals. You are right the chart is looking good. I am well loaded her and just trying to figure out the point we breakout.
The trading today was full of signal trades. 777s and 800s. It was mostly market makers with a 1M share dump late. Day ended with a 800 signal trade expecting volume tomorrow. That is if the signals play out.
MACD cross on the 1 year chart is coming today too. We should be breaking up tomorrow or Friday.
Looks like we are forming a good bull flag over the past 4 days. Hoping for a leg up to .008s soon. Maybe tomorrow or Friday.
Wow very nice start for the day. Looking good to go higher. Morning Berk.
The chart looks great. We are ready to go.
I am fully loaded and ready for the run.
Good morning, Berk. Looking for slight dip and rip today.
The web site is really starting to look great.
We have a pulse again.
10M+ bid at .0048 now. Looks like the time will come soon
8.6M on the bid at .0048...
Maybe the beast is waking up.
Wow! Volume is low....
I am ready. The covergance is upon us. Time to shine any day now.
We need some news to stop this low volume slow bleed. Chart is looking like the chart Dec 16th - 23rd...
Hoping for a dip and rip today.
We closed over the big red down bar from 12/23/2021. Next level to break is .0073. Good luck all.
Volume is looking pretty good today.
I totally agree.
Looking ready to move up. Chart is looking great. Natural flow should be up.