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So why is the price listed at .01? Shouldn't it be .03?
So the new price per share will be .03? Is that correct? And we expect it to plummet immediately I suppose? So when does trading start at the new price per share?
Well, I've been waiting patiently and unfortunately am starting to think that I'm nothing but a sucker holding a bag.
I thought it was setting up nicely for an other pop which is why I accumulated and continued to average down. I'm beginning to lose hope.
Any chance this makes another pop or mini-run in the next year?
Thoughts?
I slapped 2 mil this morning, nothing since. :(
Additional News to expect:
1) Possible share buyback
2) Possible merger/acquisition news
3) Possible crowd lending initiatives
4) Website?
5) MMJ BOOM!
It's not me on the block, but you should buy shares while they're cheap. Talk shit all you want, in the end what I say will be proven true. Hopefully you're still in the game at that point.
Actually their plan is working perfectly. They will continue to walk it up slowly until it reaches 10-12 before the breakout. This is why you'll see them stack the ask for a few hours and then remove it to get the momentum going again.
Patience wins this game. Let them stack the ask. Load more shares and hang on for the ride. Long and strong.
It's just so that they can accumulate more shares.
PPS at .0005 with this much volume is an entirely different story than at .0005 a few weeks ago. Who do you think is buying up all of the shares at .0004 and .0005 when stupid traders get frustrated and bail?
Let them stack, I've been loading more and more at .0004.
Let them walk it up. We'll be at 6 or 7 by EOD.
After that, they'll continue to walk it up one tick at a time and when it's breakout time, we'll be around 10.
Think about it - if EMLL has big MJ news in the pipeline for example, wouldn't you rather see that news hit when the price is at 10 versus 6?
Simple mathematics and supply/demand.
The big money is interested in making big money. They're not in this for a 2-3 tick flip like most traders on iHub.
No volume? Are you high? Look at 1 month chart.
No, a month ago the price spiked to 12 on early MJ news. That was the set up for the larger move. That setup is done so that it shows up on people's radars and technical scanners and brings attention to the stock. The next month is about accumulation for the larger run.
Figure it out, it's not that hard.
Did you notice a few days ago when the bid got up to 268 mil and then disappeared later in the day?
That is done intentionally to slow down the movement and accumulate more shares at lower prices. They don't want the breakout to happen yet, it makes sense. It's a smart move on their part.
So be patient and grab more shares at these lower levels, we have rising volume, it will take off eventually and head to the mid teens or even 20+
:)
It's not dilution. It's traders who have LOTS of shares and want to make a LOT of money. In order to do that, they need to walk it up to the previous high before they allow it to break out.
It sucks, but it's part of the game. Patience is the key, don't get discouraged. It will eventually take off and at much higher levels.
Wouldn't you rather the breakout start at 11 and go up to 20 than start at 6 and fizzle out at 12 or 13? Think about, this is why they are slowing it down.
They're not dumb traders, they are smart traders. They don't want it to move too quickly because then they'll miss out on larger profits when it breaks out. Some folks are likely invested heavily in EMLL and they will gladly sell a few million shares at these low levels to slow down the momentum and help it uptick slowly.
Then, the breakout will happen at higher levels and they will bank.
They're just trying to slow down the movement for bigger returns later. Be patient. They are stair stepping it up so that the breakout happens near .0010, .0011.
Patience wins this game. Don't get discouraged by the ask stacking at .0006 and expect to see it at every uptick along the way. They're not really selling their shares, just slowing down the momentum for larger profits later.
Games are being played, just be patient. :)
Less than 25 trades today, and less than 30 mil volume with 118m on the 0005 ask. It's not moving yet, period.
There's 118m on the ask at .0005. How on earth do you figure that 5s will be "taken out soon" when there's hardly any volume right now?
How do you figure it's getting out of trips today? That doesn't make any sense at all. Stop it.
Some brokers won't update the ticker symbol for 3-7 business days which means you can't trade the stock until they do. This is why the volume is so low today. Seems to be a bit of BS to be stuck with shares while the ticker continues trading.
Someone take down that NITE bid please? kthxbye
Need to knock down 4s early today.
I would love to see the 4s get knocked out before lunchtime. That would really give EMLL some momentum so we can start working on the 5s. I've already reached my max, otherwise I'd buy more.
NITE just raised ask to .0005. Take this wall down before the end of the day!
CAN YOU PLEASE STOP SPAMMING THE BOARD?
FFS
Go EMLL
Agreed. Doubled my position at $1.50
LCTC NEWS - Breathalyzers + new MMJ play.
I am extremely excited about this one and just managed to pick up a few hundred shares. Fundamentals on this company look rock solid to me. They are established and have the potential to make even more money as they develop marijuana related products. Details:
Lifeloc Technologies (LCTC) filed their 10K for 2013 2 nights ago.
The 10K showed revenues of $8,425,666. The ticker ended up cash positive by $575,000 which is pretty rare in the penny stock world. Add in that the float remains a micoscopic 164,867 shares and the they are developing MMJ products, LCTC still seems like it could be a gem even at $10.00 and with such a low float could move quickly like CANV or MDBX did early.
This company has been growing steadily for many years and profits just shy of 10 million each year. Details:
http://www.lifeloc.com/
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9864417
Well, it tested the previous high in after hours trading, so you're wrong.
Got a link to a screenshot for us?
ATTBF took a beating today but finished just a few cents before yesterday's close. A classic example of a perfect short sale opportunity happened mid-day after a huge run up to $2.71 on news this morning. Good entry point for longs here.
ATTBF +49% on the day.
Closed at $1.22 today, looking great!
They are short trades, not unsettled trades. It says it right there on the page.
Nobody shorting? You're wrong.
62% of volume was shorts yesterday.
http://otcshortreport.com/index.php?index=PRPM&action=view#.UyCNePmwLoI
Says who? Where do you get this idea that they "should be announcing" it tomorrow? Please stick to facts!
What did I say about this pumpNdump a few days ago?
Got in at 17, got out at .44 after discovering the massive pump and dump newsletter campaign which continues today.
Was ridiculed (of course) and now am watching it slide, slide, slide back down to the 30s and eventually the 20s.
Facts:
Approx shares issued and outstanding = 593 million
Last Reported Quarterly Net Revenue = $0
Recent funding received = $27 million
Reported cash on hand = $396.6k
Promo launch began = 51 days ago
Number of touts = 49
Last tout = March 4
Price per share before campaign began = .1346
Stock closed down 7.14% today.
Stock also closed down 7% on March 4th.
NVLX punishes those who ignore the laws of gravity, namely that a stock that gets pumped in the manner of numbers shown above will rise (to 60 cents) and then must fall, on March 4th by generating over $98K in collective losses from the 66% who overpaid for shares that day.
750+ pumping emails, mostly from paid promoters since March of 2012 622 of these emails received in the last 9 months alone.
Take your profits before you lose them all, and if you really love the company, jump back in at a lower price (because it will go lower and lower). GLTA
Go ahead and bash me, I'm just reporting the facts for you to decide for yourselves.
ICBU +12%, EXMT +62% on today's NEWS!
$BAYP up 25% to start the day.
Correction to Press Release Announcing SK3 Group (OTC Pink: SKTO) Agreement to Merge
Earlier today Alternative Energy Partners, Inc. (OTCBB: AEGY) (OTCQB: AEGY), doing business as PharmaJanes, and SK3 Group (OTC Pink: SKTO), doing business as Medical Greens, announced an agreement to merge. That press release contained an error that the companies wish to correct. The release incorrectly stated the previously announced AEGY dividend as 30 million shares, but the companies had previously released that the dividend amount would be 100 million shares. The companies wish to clarify that 100 million shares is the correct number for that dividend that will be accounted for in the merger. All other aspects of today's release remain accurate as stated.
http://marijuanaindex.org/industry-news-item/
Fair enough, I just feel like it's important to stick to factual statements.
"brownies coming to a Colorado dispensary near YOU"
is not a factual statement.
There is nothing specific that they will be for sale anywhere anytime soon. I'm hoping it's true but there's nothing yet.
Of course I've heard of pot brownies, like I said, I live in Colorado! :)
I did and it doesn't say anything about pot brownies. Edibles contest means nothing.
"Latteno Food Corp. is an investment portfolio company that acquires food products, medical marijuana edibles and related products/services to enhance their growth and development."
Great. It still says nothing about specific edibles and if/when they will ever be delivered to any stores in Colorado.
Pot Brownies? Really? Where did you get that information from?
I live in Colorado, I have not heard anything about this on the street or online. Please provide some source for these claims.