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George Sharp was posting crap on Twitter about this and few other related tickers. So his sheep that follow him started selling. They'll be crying in about a couple of weeks once this gets upgraded to Pink Current status and we hear about the merger deal.
In on this dip. Looks like fear and impatience are taking over here.
Hence the news today.
Clearly still dealing with the 3B+ free trading shares that were issued a couple of months ago. CDEL has been releasing those into the open market ever since, and stalling any attempt at a run when it does start to look good. I sold all my shares earlier today on the news because I knew there was a still a ton of inventory waiting on the ask. And sure enough, it was there once it hit .0025 at the open.
Crypto currencies mentioned again with this latest news
Still churning through the float apparently
Let’s see a close at hod of .002
My thoughts too. I think we're getting close to seeing some sort of an update. Once this pushes back above .002, things should start to heat up.
Gonna take bigger volume to churn through whatever CDEL has left. Someone threw up a huge wall at .002, I guess it’s not quite as ready as we thought.
Break of .0026 and this moves huge
Should see buying interest pick back up sometime next week
Next week would be a good time for an update or some sort of further hint at future direction here.
Same pattern as before. Stalled at .0018, dipped back down for a week before breaking through eventually up to .0027. Feels like that’s going to happen again.
If this can break and hold the .003 area, certainly possible. First thing first though, break back into .002s on stronger volume.
Looks to be a slow day today. I think once this breaks into the .002 area again, it will start garnering some more interest from other traders. Things that will push it back there are any sort of visual progress from OTC markets on reviewing filings, follow up information from the company on what will be happening in 23 days once that timer on their website counts down, or technical traders taking a position from the next inevitable run.
Agreed, plus at any point between now and then OTC markets could update their profile and show signs that the review process is underway, creating additional catalysts for upwards momentum. I like our chances here and I think that August will prove to be a fun month for us.
Could be another KYNC type runner in the coming months. That one had a very similar share structure and ultimately went the crypto route. It ran from current levels all the way up to .02 area.
And also they issued a ton of shares recently and I am under the belief those were issued to help acquire something. We shall see in the next month but I am thinking that is what makes most sense.
Sweet! Hopefully something crypto related like an acquisition or something.
Oh, yeah I think that just jeans they want to clear the OTC filing process before getting active in the press release side, which makes sense. We’re in week 3 of that process, so likely a couple to a few more weeks before we see progress there. Load this bottom area in the meantime if you can.
When did he say that? He may referring to the waiting period we’re now in with OTC markets to review the filings. I don’t think we’ll see any news until the stop sign is removed to avoid any scrutiny from regulators.
Spooz website showing some signs of life. Getting a new page now as of this morning. Looks like a Wordpress default page so hopefully close to seeing a finished product.
Needs to hold .0012 or this goes back to trips. Waiting for some sign from OTC markets that they're starting their review of what they submitted at the end of June. Once we see that "Unable to contact" and "Dark or Defunct" come down from their profile or get updated, you'll know things are in progress behind the scenes.
Dude is clueless as to how the process works.
Whatever dude. Done responding to your nonsense.
Actually they did confirm everything was submitted and is currently awaiting review. Get your facts straight. Read their last PR from two weeks ago.
It’s only Ameritrade. There are other brokers such as eTrade that will be allowing both buying and selling all the way up until 9/28. You’re fear mongering and suggesting there’ll be no market by mid August.
That’s not true. There is a huge backlog that it’s taking them weeks to process filings. Sometimes months in some cases if the company doesn’t fill things out correctly.
.0014 up on bid now, relentless dumping these past couple of weeks
I’m positive we’ll see signs of OTC markets having started their review of what has been submitted. That’ll be enough to convince anyone worried that Spooz will make the deadline by 9/28. Take advantage of weak and impatient sellers in the meantime.
Dumping continues…
It was the same at .0017 and .0018, and both of those crumbled in the incessant bid whacking. Waiting for a period of sideways trading before considering adding more shares.
Seems to be headed there after it breached .0017 support. I’ll add more once it bottoms. I think the recent selling is an overreaction to the TD Ameritrade notice, but happy to collect a few more at cheaper prices.
Let's see what tomorrow and Friday brings here. We have to be close to seeing some sort of an update. I would think if we can get a green close tomorrow that it will be setup to move heading into the weekend. We shall see.
They're holding it here to load more before updates are released and this really runs.
For anyone concerned regarding the recent TD Ameritrade notification that went out last night regarding non current companies, remember that Paul has already submitted the filings and paperwork as of June 30th. We’re now in the hopper do you speak for becoming pink current. This will be one that survives the carnage and there will be a premium for stocks like this in the future.
.005 break tomorrow IMO. From there, will depend on how good the merging company or business is that they are bringing into this shell, but based on recent moves, I don't see why this couldn't see a run to pennyland. We shall see.
Feels like a merger update could be forthcoming this week, looking for a pop over .01 when that happens.
I put him in ignore. No point paying attention to anything he has to say.
Nice support at .0018...someone sure seems to want to own a pile of this. Every dump seems to be met with equal buying to absorb the shares. Eventually our seller will exhaust his supply and that's when we will start our rise up. I think we'll see an update from the company in the next couple of weeks as well. Keep your eye on OTC Markets as well for any updates as they review their filings.