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Thanks, TROW. "No guts, no blue chips" is what we always used to say. I've read several books on The Rough Rider. What an admirable guy in many ways. He definitely had guts. His trip to the Amazon area was crazy dangerous. Before he went, he said that he had had a more fulfilling life than "all of 10 other men put together" that he knew.
Also, thanks for the PM some time ago. I actually just noticed it this week.
Level 2 is worthless sometimes. As the Bid shares sell down, more Bid shares pop up. 4 milly now.
Then as we see only 10k shares of Ask showing, it keeps getting slapped for well over 10k, yet pps doesn't go up.
Whatever.
Why is .0006 some magic number? Others say that number and I don't hear a reason. Just picked it out of the air? As far as the chart (what other tool is there?), I see support in a couple of places above .0006.
Anyone? Bueller?
The down-ticking will stop eventually. RSI and other indicators suggest that we are near a bottom. At least temporarily...
LOL. 2017 wasn't even LDSR, right? Gotta believe no way. Gulp.
Ha! We got deleted on that post. What's so bad about waiting a year or two when you have 28 million shares? We get to a nickel and that's a pretty good chunk of change.
Talk to your accountant about a Roth IRA yet? Imagine paying no taxes on your gains! The gov of Cali has to hate that...smoke him.
Bones, it has to close or open at .001 to close the gap. A small number of shares sold at .001 on a Friday close does the trick. Or a small number of shares at .001 at a Monday open does the same. Can't just touch and go up during the day or it wouldn't close the body gap.
PS. I just located a gap on the weekly chart at .0001 back in 2017. Now that would be a full "trip," upper11.
WIC, we look to be on a gap-closing mission. I've seen times that there is a rebound just before closing a gap. But I hope and expect we get that .001 gap closed. It's the last gap I see. Let's get it the hell over with.
Keep in mind the gap is a body gap on the candlestick chart and it is clear on the weekly charts. To close a gap on the weekly we need to close at .001 on Friday or open on at .001 on Monday.
We'll see if BB gets his .0006s. We could certainly go below the gap. What an unbelievable price opportunity those numbers present. If you believe, you back up the truck.
Thanks, WIC. The perfect scenario to get rid of that gap (its clear on the weekly chart) is that we open at .001 some Monday am. Boom, gap closed. Alternatively, we close Friday at .001. In either one of those moments, I believe, as you do, that it will be frenzied trading. One will be lucky to get .0009s. I would put my bid in at .0011 and be happy to grab those.
GLTA. Some interesting days ahead. I am accumulating daily. Holding my highest number at this moment.
BTW, there traditionally is something called a "breakaway gap," wherein some big news occurs causing a gap that is never closed. Could that gap early last year be a breakaway gap? I have always wondered and thought it might be. However, we now are near enough to closing it, that I am thinking the gap might well close. The court action on the 1.5 billion Chinese shares going rather deliberately over the next few weeks, and as we wait on 2nd quarter results, gives us time to wander on down.
As far as breakaway gaps, maybe Jason is employing that strategy that Sturgis, or whoever it was, about some killer idea that would jump us to $20. Of course, that is crazy off the charts, but could there be something that could cause a monstrous gap? Maybe. I actually wouldn't be surprised. There are many mysteries in this stock play. First thing that comes to mind is that there are lots of reason to keep the price down, while stacking occurs. Also, being in the pinkies anything could happen behind the trading scene.
Where in the hell will this thing be in a year or two????
Not to mention getting 1.5 billion bogus Chinese shares off the books.
Board (bored) survey if you will. How many think this next earnings report (whenever it is) will be a trend breaker? To be specific, we have had a definite downtrend on the chart since last July. In order to break that trend, we need to close and hold over .0025 on the daily chart. Doesn't seem to be asking too much to break that trend, and it would be significant.
Please vote your thoughts. Curious and bored and hopeful here...
Thx. I saw that Ask, but on my L2 a good portion of the time I have seen only 10k and it never gets chewed up. Could be bad L2.
Do you see more than 10k shares on the Ask? Mine only shows that and yet there has been more than 1 million shares sold on the Ask. WTH?
This is happening all the time.
Got it. Thanks, TROW. You have been a huge help to me in understanding what we have here. Your rational and solid thinking on the issues is so well articulated. Because of that, it once crossed my mind that you are actually Jason. However, you post perfectly w/o typos, so you can't be our CEO. :)
GLTA
I told you thanks. What do you want? I'll sell half tomorrow. Your DD is very convincing.
Thanks for your expert opinion. Guess I will start bailing tomorrow.
Faint heart? The gap at .001 on the weekly chart is starting to loom bigger and bigger. Gaps with LDSR always close, so I just want it to get over with. It is the one and only gap I see in the chart. It occurred just before the big run early last year. Check any weekly chart.
"Chuguan Industry Co. Ltd., which the Company believes is located in Beijing, China, appears on the Company’s shareholder for 1,500,000,000 shares of Company common stock. However, the Company’s research has uncovered credible documentation that these shares were cancelled and should not be listed as issued and outstanding. The Company continues to investigate the validity of the cancellation documentation in order to determine if these shares are actually outstanding."
That quote is from the company report published last November (2018). I am curious to see how the "credible documentation" is viewed by all next week in court.
Could this be Blue Citi action?
Boom. 29 million share trade 2 notches below the bid. Again, WTH?
Something going on.
It just took 10mil slapping the Ask of 1 million to bump it UP finally. WTH? Lots of very strange trading and millions of shares changing hands (I guess). Never seen anything like it.
1 million on the Ask no matter what. As the Bid goes down, the 1 million on the Ask pops up at the lower level. No matter how many shares are bought on the Ask (often well over a million), the Ask stays at a 1 million. Clearly weird trading going on yesterday and today.
Again, I have been watching this stock trade for over a year. Never seen anything like it. Why? I have no idea. Just observing the action...
The Bid had actually dropped to .0015. There was something like 15 million shares showing at the time. Suddenly I saw a sale of 17 million go through and I expected the bid to drop to .0014. It didn't. In fact, the same 15 million was showing on the Bid. Moments later .0016 popped up on the Bid
Things like that are happening all day, as I watch my Level 2 quotes. Yesterday, there were many hits on the Ask for well over the shares showing on the Ask and yet the Ask price remained the same.
Since I am a Day Trader as well as a Holder I have been watching LDSR trade constantly for well over a year. I have seen weird things happen like the above, but nothing to the extent of such activity that I saw yesterday.
Do I have a theory? Not really. Its the Pinks, so I suppose unexplained transactions could happen a lot.
17milly dumped at .0015 bid and yet the bid shows the same at 18milly. WTH? You have to admit some weird $hit going on. Just weird.
Patiences and you will see.
Thanks, WIC. Appreciate your thoughts, as always. I have no problem waiting for that nickel. I originally felt LDSR would take off quickly, but now I am hoping that with patience we look to be better off with the foundation being built out as it is.
The way Jason is stacking, hiring, borrowing, etc., I have to believe something is up way beyond the current pps. Sure he could be smitten with visions of grandeur and overly in love with his product, but he would be taking a lot of other business owners and employees down along with him. That just doesn't make sense. He clearly has convinced them with good reasons, definitely beyond ones we know, that he is going significant places with DATA443.
We throw some cash at this stock with high hopes, while others commit their livelihood and entire life's work.
Thx. But only 25k revenues on over 400 customers? What's your thinking on that?
Over 10milly on the Ask at .0018. The Thumb is alive and well. Someone is keeping the pps down. When it lifts, we fly.
TROW, thanks for your cogent and always positive analysis. I love reading all you have to say. Your perspective demonstrates top-notch due diligence and careful thought.
I'm sure I am speaking for all Longs when I say you help us stand firm on our investment. You freely offer this help, as we struggle watching the share price sink lower and lower week after week.
Question: Who are you? I may have missed it, but what can you tell us about yourself?
Again, thank you very much for posting.
U2,WIC.
2.5 and 1.5. Udaman, TROW! Thanks for your awesome posts.
Correction: fallen through
Sayid or Avenatti? Who's the more crooked lawyer?
Right, B69er, that's why I love him getting a dirty shell. Clean it up and Longs make big money from buying very,very,very low. Ideal.
Thanks, TROW. Your posts are logical and make great sense. Sure hope you're right. I really appreciate you giving your time on this board. Really good stuff.
I have a hunch someone pissed his shares away by selling out low and chasing the price.
Ok. You reject the invitation to share your pearls. Go out and "bury Jason" somewhere else. I can only assume you got nothing.
Ah...we have read the financials. So you have nothing beyond that? Yawn.
You say you are going to "bury" Jason, and yet you are not going to give out the "hard truth?" Bring it.