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This was answered in the PR on Monday... There is dilution to settle debt. It appears to be over because we didn't see any 100,000,000 dumps into the 2's today.
That escalated quickly...
This is going to a dollar by next week and my child support payments are going to be crippling as a result. MAKE IT A PROBLEM
There are two blocks of hidden shares at 37. It's hard to say how many shares are really sitting on it. I'm not doubting anything, I'm just making sure you know what those 10k blocks mean on L2.
It's kind of like making foi gras. They load the bid and let things get traction for a second to get the goose's mouth open, then they slam shares down its throat by the millions.
Check this out... While you are watching people wait weeks or months for stocks to turn "800%+", take a calculator and start with $1,000. Now do the math for a meager 10% gain on a trade ten times. You can do that multiple times in a week. Quick little pops and get out without losing money.
Take $1,000 and make ten 10% trades and you've got $2,593. In fifteen trades you have $4,177. Discipline is the key with pretty much everything in life.
And good luck with everything, man.
I used to pay a lot of money to be in Superman's chat room. He has a lot of good picks and a good community, yada yada. He is also kind of a narcissist who definitely gets the backing of his followers to blindly drive the value of his stocks up temporarily. You'd see it time and time again without his coercion. People don't learn for themselves. The most valuable thing I learned is discipline.
The first thing I learned was "don't lose money." I don't care if you only have three day trades in five days. Do not put yourself in a situation where you are losing more than you can afford. Be smart about how you do this. This is the stock market and you are here for money, not pride.Virtually all of these stocks in the OTC will end up at $0.0001.
Which leads me to number two; "don't fall in love with a stock." There are hundreds of these diluted OTC manipulated plays every single day and every bag holder trying to get his 20%+ back is going to tell you that it's a low float or that the float is locked or there is news or a merger. It happens ALL THE TIME.
Be smart and keep scanning.
Nope... I waste virtually no time doing DD on these companies because I see too many people get fooled, fall in love with a stock, and average their portfolios down to oblivion. I look for momentum, catch it, and take profits. I don't care about this company. Having said that, I got in at .0063. I probably won't stay in past 10 am EST tomorrow.
At least I'm not feeding you BS.
There is never news. OTC is almost 100% pump, run and dump. Everything is the "next thing" until it's a .0001 turd. Welcome!
It reminds me of an earthquake.
Things shake really hard at first, then there is a shockwave (maybe two, maybe). Then things settle way down and everyone forgets about it.
Pretty long stalemate here
What if there was a machine we could use to heat up food really fast? You put your plate in, push a button, and then in minutes you have hot food! $FRZT is revolutionizing leftovers!
Wait, you can advertise on TV? I'm letting everyone know about this. We could call them "commercials" and they could play them during a professional football championship game! $FRZT
Pretty wide open after it breaks $6.35
What company?
Margin accounts.
It isn't really a "dump." It was $300 that someone probably needed for the weekend.
I don't think that has been a mystery.
Bahh Normy rabble rabble fat other guy rabble rabble bahhh
Correct
What we know is that you started this account a week ago today and that you have only used it to post your "research" which always contains the word "opinion."
You must be under the impression that people here don't know what your sentiments are re: Virtual Sourcing. I can assure you that after twenty posts whining about "Normy," we get it. No one is going to mistake you for a lover of this stock. Please don't worry.
Definitely stops... Those people usually recreate support.
I did the same thing.
I think a lot of what we saw here at the start of this drop today were stops. You can't help the automatic bails...
I'll definitely keep that in mind, thank you. Nothing against the organization. Anyone in OTC is tough company to keep when it comes to faith. You rarely see them break out and make billionaires out of the faith-havers. I wish them the best of luck. I'm setting stops and protecting myself if this holds any climb. We have two days of higher lows, correct? May there be a million more. I have a very small position. This has nothing to do with faith.
Because it's OTC.
Don't trade with real money until you learn this stuff.
I picked this POS up at .0012 and I can't wait for people to notice this chart. Boom.
They aren't hanging hidden shares at .0022 anymore. I'm pretty sure you're not going to be upset if they become resistance at .014 in the near term.
BMAK is gone... Feel better, guys.
You don't think that a drop to 19 or 18 will spark some volume without PR? This is OTC, barely anyone cares about what the company does. It's all chart plays.
A $650 slap changes this whole thing, guys...