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With all due respect. As an investor if your confidence is slowed within 2 weeks you probably aren't an investor. Maybe a flipper or short term trader and there's nothing wrong with that, but definitely not an investor. The company is merely two months old, and 2 weeks ago people were predicting multiple pennies, silver, and dollars. Now lierally 10 trading days later all hope is fading? With the O/S still the same? When we say rebound we tend to think of the stocks recent highs and not it's recent lows which are low trips. The company's in it's infancy, investors have to give it time to grow.
Brilliant!!!!
Yeah Quist seems to be a known name as an CAA agent especially in the EDM music genre
Thank for the update FinalCut, but who is CAA and Phil Quist is my question.
Here's what I've found so far an article from Variety.com
2015 - http://variety.com/2015/biz/news/10-assistants-to-watch-new-leaders-2015-1201626824/
Phil Quist,
"The former Wall Street investment banker joined CAA in 2012 to pursue his passion for music. After working for Tom Worcester, head of music brand partnerships at the agency, he assisted touring agent Cara Lewis. Quist was promoted into CAA’s agent training program this year and, as assistant to Alex Becket, helped sign such emerging EDM artists as the Chainsmokers, Elephante, Jenaux, Prince Fox, Kungs, GRMM and Speaker of the House. Recently promoted to coordinator, Quist aspires “to be an agent … creating unique, out-of-the-box opportunities for clients.”
Then in 2016 Phil Quist was promoted to an Executive for CAA Music Department
2016 - http://deadline.com/2016/03/creative-arts-agency-promotions-agents-executives-caa-trainees-1201724068/
So my question is why is Bishop meeting with Quist an executive at CAA?
When you look up CAA they are marketed as a talent and "SPORTS" agency. Here is their Wiki page below
https://en.wikipedia.org/wiki/Creative_Artists_Agency
Still digging but this is what I've located so far
16mm shares traded in the first hour --- 16mm shares traded since then. Low volume walk down. No real selling
Well said Mav
I posted earlier that some wily traders would use the lack of momentum and non-filings as a tool to stack the ask and drive down the pps on low volume in order to reload.
One person doesn't accidentally stack 5 million shares on the ask early morning thinking "I want out". Its all done intentionally to gauge momentum. Seeing that the market began to sell to the bid rather than slap the large 5 million ask is a good indicator that they could walk it down in small increments throughout the day in order to load, as long as no major news or filings were posted.
Knowing what you own is the key w/ upstarts like this. Many OTC traders would suit themselves well by not watching daily action. Folks get way too emotional. Too happy when it's up; too gloomy when its down.
Well when I say I'm long I really mean long, as in "a long time". Somewhere over the years the word long has been reduced to 5-7 day holds which is what I always referred to a swing trading.
Maybe we'll end up green but a couple things are at play here
1) It's a Tuesday - Tuesdays are often down days in the land of OTC
2) ClayTrader Myth - Doesn't matter if it's true or not; if people believe it they can and will be scared out of their shares by wily day traders. Pretty sure we will see a couple very large blocks placed on the ask to dissuade people from smacking the ask or selling into the bid so they can load up.
3) Late Filings? - 5/22/2017 was the anticipated date and since it has passed folks will think the worse ... I'm holding a good chunk for long gains and have no doubt it'll get done at some point so it is what it is.
I will gladly wait out months or years
It's been 3 hours .... OTC traders have the attention span of gnats
All 98k shares?
Holding "16 million shares" and not willing to take two minutes to investigate for yourself what the effect of a yield sign is seems like a very risky business plan.
Company filed quarterly report yesterday and was upgraded to current on OTC Markets
Yep BB exactly .... All retail sells
The longs are loading; that's why we're called longs because we're investing in the stock long term not just flipping it.
Absolutely agree
Keep guessing ... a broken clock is right twice a day I reckon.
Already tried that and just more shares dumping and whacking. Crazy
Added more @ 55
Buy the fear is my motto! If panic mode continues tomorrow I'll back the truck up
Weren't trying to call you a basher just pointing out the difference.
Now that's what he said and he also was referring to right now as in today's action. Never once said it was going to keep going down.
Lol ... That's not what he said
Sure is Doog
Gotta keep extra powder for when the insane happens
I got some 55's too. A few months is an eternity for some traders though. Especially if they're only in one ticker.
Think pps will correct itself much sooner than a few months though
I have my theories of who is walking it down but will keep my thoughts private since its just a guess
Yep large holders will flash it when they want to load more cheaper
Selling appears to have tapered off .... Power Hour will be interesting
Don't get discouraged man. IF the company still intends to do everything we were anticipating just days ago nothing has really changed other than the PPS. If anything; things got substantially better. Sometimes the market doesn't react the way you would think it should. For those who believed that this was a once in a lifetime stock a few days ago, a partnership with the companies studio that eliminates all those reoccurring fees does nothing to diminish that.
It always does
I definitely added today
We shall see, however dips like this can happen when people over predict what news is going to be, what price is going to be ect.
When many people are over guessing a mega deal with Mark Cuban then realize its a deal with Rolando Nichols they're like Rolando who? No immediate run happens then panic sets in. Even though AMLH just landed an amazing deal.
When people price predict or say anything under a penny is golden - why would new investors want to buy anything above that point. If they did some DD they would but most people on IHUB don't do DD, they just follow the hype.
Major news IMO
I can agree that applying a dollar amount would have made some more comfortable
As far as I can tell only one contract was revealed today. That would leave me to believe that other contracts will be revealed as well. Why announce multiple contracts all in the same PR
Right its the OTC -16% is not uncommon .... I just hold out my hand and catch the shares. Its all panic retail doing this
Agreed
People felt as if they already knew about the Hollywood Studios angle since last month though. So some felt let down by the PR, not realizing that going from paying for studio space, time, and equipment for both stationary and mobile studio work; to now partnering with that studio and receiving all of the above free of charge is huge for and upstart.
In for a few