Grand Master Jedi
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Accumulating…
$SYSX will be getting $70M worth of preferred shares from Ostendo for their ETH assets.
Talk about speculating, lol. Next are you going to say that the ETH assets that $SYSX has and that Ostendo wants isn’t real?
"The closing of the transaction is to occur no later than June 30, 2022, unless mutually extended in writing by the parties."
Not some but ALL deals have this type of language in them and has no bearing on the deal closing or not. It actually says it is to close but could be extended if mutually agreed upon. To say the 8k isn’t factual because the PPS is nonsense. No company like Ostendo lets a public company put its name in a filing that an agreement is going down if it isn’t. Thats not a small thing and shows the deal is certainly happening.
Its going to be an exciting week here…
Yoda doesn’t know but would love to see this stock gain 3% of that $15 back and hit .50. Come on $SYSX!!
Reading that just made my afternoon coffee taste like $100 bills. If I waited to buy I could’ve snatched up another 150k shares. Oh well…when were at .10 I won’t give a rats ass.
He’s really driving the R/S narrative. For him to say the only way to get to $10 is by R/S is speaking in absolutes. Never wise to speak like that and leads me to question his narrative even more. R/S have to be announced, voted on and then approved. They cant be done flippantly. The SS here is not bloated anyhow and have seen SS this size surge .20 in one day. Its not small but its certainly not bloated and in need for a R/S.
Wow….
Understandable. Any insight about the merger on 6/30? I know nothing is ever 100% until its done but any links or info you have about the merger to read up on would be appreciated.
I thought it came out yesterday. This is big news. Market isn’t reacting as much as I thought it would.
Sounds good amigo…
This should be well over .05 right now. Did this news come out after bell yesterday or before?
Whats up brother….been a long time :). Seeing how this pulled back a little should’ve had me waiting to buy. Its always a risk to buy right after the bell but this news is crazy.
Speaking in absolutes is unwise.
Took fat position here…lets go!
Sure thing….
I know the feeling. Keep in mind when traders do a flip they’re typically not doing large spreads. A short or long typically will go larger. Like this morning Zion opened at .27 and touched .289 shortly after. Getting in at .27 and getting out at over .28 would of been good. Do test trades where you don’t even pull the trigger but act like you did until u feel confident enough to put a few hundred bucks on the line. Do it with a little play money especially if u have day trading status with over $25k in your account where theres no limit on how many times u can buy or sell a ticker within a given period.
Test it with a smaller position. In regards to news Zion is slower then Molasses. Since the annual shareholders meeting just recently happened I wouldn’t count on news for a little time. I wouldn’t be shocked if we pulled back a little more as were running on speculation right now. Shorts may take advantage and try shorting it back under .23.
I see the wall as someone is now jumping in from of them with 39k shares at .2649. Its someone wanting to sell…it could be a flipper as well.
Large wall of 196k shares at .2650…somebody losing confidence and selling all their shares.
I see…he’s buying DSPP shares. If Zion knows who the whale is they could easily sell stock directly to him and stop selling through the DSPP. It would be a bullish if they did that as it would show confidence but not seeing Zion make that move at this stage.
They don’t need it but still offer it? If they close the offering because they’ve secured funding through a whale it would be bullish to do so but they haven’t. Why dilute the stock anymore if they have funding thru a whale? Its either to get more working capital thru dilution or the whale isn’t committed. The lack of details is what bothers me the most with Zion.
There selling DSPP shares again?!? This is unhealthy for the SS and in future were going to see a reverse split. Its non stop with the fundraising and salaries.
Financial Giant SBI to Test XRP in $6.6 Trillion Foreign Exchange Market - The Daily Hodl: https://dailyhodl.com/2020/11/07/financial-giant-sbi-to-test-xrp-in-6-6-trillion-foreign-exchange-market/
SBI CEO: 'Every Bank In Japan Will Use Ripple’s XRP By 2025' | Coinspeaker
https://www.coinspeaker.com/sbi-bank-japan-ripples-xrp/
Nothings easy and nothings guaranteed but like anything it just takes practice, and indeed, much discipline (100%). Avoid the fundamentals, stick fully to the technicals, don’t over analyze and always stick to the script.
When u follow the thread you can tell what’s trying to be censored as it happens quite intentionally on the bulletin boards especially when shorts have large positions. This board is good compared to 2017 as it got pretty crazy here with the shorts posting and even articles from Fuzzy Panda in Seeking Alpha. Anything will be attempted in creating misleading narratives to try and bring the price down. One example was the AMC board which was ridiculous. I got in at $11 and should’ve gotten out at $65 but ended up exiting at $42.
Big time….the swings were even bigger in 2017 when the SS (share structure) was smaller. I use to call Zion swing traders paradise and actually still is. This was one of the reasons why I was only swing trading her when they spudding MJ02. Zoins trade patterns become predictable. Like right now for example its been heading north early and pulls back midday. This is perfect for a scalp trade. One can buy Zion and sell it few minutes after the bell and make $500 or much more. Not many jobs will pay that much for few minutes of work. After one watches a trading pattern getting in and out with a scalp trade is an easy way to bag and build gains.
Not all bulls are moderators. Bears follow the conversation just as much bulls in order to take position when the momentum (MOMO) heads north and then short it when its going down. Following the dialogue is important when trading for it helps one anticipate when the MOMO is coming for a stock to head north or south. Zion creates BIG swings and any stock that creates swings will have bulls and bears present.
I think it may be as well….
John Brown statement caused the downward trend and shorts banked large because of it. He should clarify what he meant but I wont hold my breath. The email from IR that Tisdal shared yesterday helped explain his negligence and also let us know that they’re at least aware of it. If we fall back under .15 Im a buyer.
Dang…smh!
Wow…my interpretation of that is its all about MJ03 now.
To act like this at a shareholder meeting is unprecedented….he sounds disturbed. The part of him saying you’re all screwed was interpretation from his tone and body language?
“It's all about MR, and the Lord told ME you are all screwed again." What does MR mean? Im assuming the being screwed part again was from the tone of his words?
Anyone have a guess of when the results MJ02 will be released?
Did he open the meeting by saying the time isn’t now and that we have to be patient?
Wow…that’s uncomfortable to hear. No wonder why it tanked from .32 to .22 in seconds. Someone dumped a very large block or a lot of investors had their finger on the sell button. My guess is a few large investors were holding and dumped on the bid. If I got onto that meeting and heard that I would’ve exited as well….they got the jump on me as I couldn’t connect.
Ive been here before and tastes exactly like how it usually does. Captial losses are apart of the game and end of year gains vs losses is what matters. Knowing how to use and embrace a captial loss is just as important as a capital gain. Make no mistake that if you don’t know how to use ur losses and lick your wounds you’ll get caught in the whirlwind. Its only June as theres plenty time left in the year to increase gains. Once I bag a few 5 baggers this will become a distant memory…I will be watching though.
Sold all my blocks between .2050-.2250. My average was .2750. Remaining on the sidelines and will jump into some other tickers for now. I could’ve sold for a large profit at .40 but decided to bet on the grand slam. Its a let down but the pathway of blowing up over a $1 was very real. I took a calculated risk and accept the loss as I made a clear decision to hold for the grand slam.
Feels like the same they did with MJ01.
No but thanks for asking. Any good news being said?