Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I may be blind, but I see quite the hammer forming and 'technically' thats a good thing :)…
Volume hasn't dried up…
Allow these last 10% of the warrants to dump into and trade into volume, fine with me. Once thats over and a wee bit of news…Well…
10 Million in volume in the first hour of trading, hmm…
Patience. Buy Dips and ride this one out.
All IMHO
BE1CB
Follow the money. Dilution + Consistent volume since the last 'Pop'? ehh
Yes, the 100 block trades can become tedious - Wash Trades. This is called Market Makers, If you don't know their duty it's to create a market.
Simple Math if people feared this, It would have dropped far worst in penny land after the pop.
For all you i-Hub 'Day-Traders' watch L2 closely, as I did and you shall see.
Imminent, patience all.
All In My Opinion…
BE1CB
#BuyFear #SellGreed
If in fact you are correct and they are so far down the road in their Phase 3 which I saw on the investor relations portion of their website, then in fact that pop you saw previous to .12 was an indicator that something may occur in the future. It's simple, these MM's will not allow it to explode at the moment, only on news. They are keeping it in a tight range for a reason…
Without Risk there is no reward fellas, especially down there in penny land.
BE1CB
This is a Nasdaq traded stock, clearly found bottom. Clear Flag Pole.
Reasonably trending within Bollinger Bands in an uncertain market - at the moment. We shall see. This will move with the market. Its primed.
BE1CB
1 year ago today I remember this beauty. Ever since the split, it literally hasn't moved. Nostalgia almost and I know some of you on this board remember me :). Made money off of it, was my first Penny. Guess I got it in its Prime.
GL ALL
I LOVE THE FIRST HOUR OF EVERY MORNING ON THE OTC.
I GET TO AVERAGE DOWN ON ALMOST ALL MY INVESTMENTS ON WEAK HANDS.
Guys its 4/20 next week. The Queen of Cannabis will not let us down. This is speculation but I truly believe in coming months this can form a cup at the .05 area.
Its got the volume, its got the demand. Ride the hype! No better time to be in an MJ stock then right now.
BE1CB
$horty's like a melody in my head - na na na na
BE1CB
HOLY SHNIKES!
Looks like all those $hort E-Traders need some coverage and I'm not talking media coverage ladies and gentlemen.
2mil+ bids :O...Esco hurry up!!
BE1CB
Buddy - Everything on the OTC is a scam. Find the ones that you can profit from and move on. Jeez. OTC 101.
Unless of course - You are $hort... :)
BE1CB
Well VNDM was VFINS best friend on the way down from post R/S of $1.96...I'm not sure the significance...
BE1CB
STXG & VNDM now on Bid...
Interesting.
BE1CB
Hi All,
ALL IMHO
Reversal in effect. Could take weeks/months/year. But it has begun once again - the movement northbound - I dont expect parabolic moves, 30% days at a time, I expect stair stepping our way to the top. This time I do not think it will be as much of a roller coaster ride, but more of a long distance drive with a few bumps and detours. I will throw this in a draw and not look at it next until Q1 results.
Seems like it bottomed, bases have been forming and uptrend has been confirmed. All on no news.
BE1CB
Lumi - Flippers do not flip between a half of a penny for a whole week last week. It is not 'weak hands'. Its dilution and because this company does not have proper Investor Relation - they do anything they want. We cannot find out the AS/OS - They do not even have an IR section on their own website. Gosh, it looks like it was just created.
BE1CB
This is a gem right here. Another beautiful stock. Found her at the perfect time too :).
This will form a cup at the .06 and break upwards of .12 - Depending on how strong the buys at the point of momentum the shorties will get $queezed nicely.
BE1CB
I'd like to take a roll call of who bought into this hype this morning...
I called it. If this were moving in the right direction it would not stop at .195 and lose its momentum. Or at least hold it's gains! They are diluting into all news.
Flippers dream is true. If you play this how you should you can make some quick $$$.
Bagholders:
1
2
BE1CB
I've read your posts here. Your a bit new to the game of the OTC. It's still an uplist from having no rules to having a few. It's a monster trust me (The OTC that is). Play it well otherwise you will get eaten alive by pipe dreams and iHub cheerleaders.
BE1CB
This stock will be knocked down at its knees at .20 by dilution. Wake up people IMO. Don't be bagholders. You'll thank me later. Up 25% after a full week of no movement off of news of what? A new CPA and auditing firm. Gosh. I'm not bashing I'm being honest.
BE1CB
First off I'm not scum. I look at myself like an iHub vigilante. I call it how I see it. If this news had any significance it would of gapped up a penny. Not a half of a penny. Typical gap & trap - to leave bag holders. Don't fall for it. This will also alleviate previous bag holders to dump into.
BE1CB
Guys - they are now claiming they are hiring a CPA. Like what!? Lol with nobody holding the books where are they even getting there sales numbers from? Where did they get the figure? Did they write it down on a napkin...comon.
This is the type of news that companies dilute into. Don't get caught holding the bag. I would be extremely surprised if this even touches .19. Forget .20.
BE1CB
This is the epitome of a day trade. Lock profits and move on. They will dilute the sh*t out of this into the news
VERY small DD done on my part - other's who have been here for awhile can chime in.
But let me tell you guys something. This looks EXACTLY like $ECIG did in PRE-R/S.
Same levels of .03-.04 as $ECIG. Same AS/OS maxed out levels. Identical and to think I would not have found another one. Gosh, gotta love the Breakout Boards.
Even similar chart pattern - Pop to .06 twice but knocked back down - quickly I may add - Was it the MM's? Probably.
But if I am correct and these are maxed and this gets a small pop and some shorts get squeezed, could have a decent run.
Is the TA Gagged here or are we able to find out if we are maxed out?
If so and this is not rocket science, this will pop - once it breaks .12 could run to .18 in coming weeks. ALL IMO.
BE1CB
I respect the iHub photo - similar taste.
Breakout Boards led me here. Some quick advise and D&D, still looking into it. AS/OS seems to have made its leap already around late February.
Did I miss the train?
BE1CB
It already flew. Then it tried to fly a second time - it was a no go.
This baby bird is just hanging in the nest until momma comes back home with some food. Till then if it flies it will be shot down by every dump and diluter out their.
BE1CB
Andddd thats what was said about this week.
Stay humble. When you don't is when you look foolish.
If you watched L2 all week you wouldn't be singing praise - you would be rehearsing a gospel chorus to help this thing.
BE1CB
...So then that would be considered your average? Am I missing something...Wait no your telling me that $2.10 you need to break even on your money - thats over the POST R/S levels. Thats idiotic and like I said I really dont understand how you need to be above $2.10 to break even - When we all know for a fact anything above R/S levels will break everyone even. I think you may be confusing yourself - in that case, I would definitely re-evaluate your investment strategies.
BE1CB
I wish there was a 'Feel Bad For You' button, because I would click it for you in reference to you liking a post pertaining to an average of an investor of $2.10. Truthfully I don't even know how you theoretically obtain an average price higher than the split price? I mean...That would be - well senseless.
Rule #1 - Lock in profits!
But commendable...I guess.
BE1CB
Oh StokBrokin you and the picture of your Lotus - I love it. Keep the sarcasm flowing! It is a typo. If that was the spread I think any momo with a few bucks would invest here just in the principal.
But then again, this is the OTC and cannot wager against the fact they wont run this to .0001.
BE1CB
I have no idea what you mean by telling me your average. Real investors and traders do not disclose such information. If that is true, I do feel bad for you and correct me if I am wrong I am feeling resentment. You are angered and take it out on the one who speaks realistically. I fault you not, but to each his own.
BE1CB
Anyone who sat on the sideline after the R/S was like me PRE R/S at .03. Happy Mother F&*king camper. Bulling this all the way to .19.
I commend the ones who are putting in the effort now - or the longs who have the deeper pockets to withstand the storm. They will be rewarded.
But for average bag-holders. We got bent over. I tell it how it is.
BE1CB
Dont 'Woot' me kiddo. You'll learn. I hope your happy with a penny move on a Friday - says absolutely nothing. Superstition is for baseball. This is real life- real money. ALL IMO.
This is the OTC. ECIG was one of my first OTC - It taught me well. I will never make the same mistakes again. Thats all you can do in life - learn.
I was here sticking up for management like every other bull on this forum board. Spent so many hours here so much of my time reading financials doing my homework. At the end of the day this was a POS. It will take years before this thing has 'righted its ship'.
CEO's and BOD are no longer transparent because they have the bag-holders by the balls. We all thought this was a chess play against shorts, when in reality this was play in itself to get as many of us to hold the bag while they bend us over. Not saying it cant recover, but it will be a long time.
They needed capital - Pay off debt - they used us like a shield - the ones who defended them.
BE1CB
All you newbies here all excited over nothing. This dropped from $1.96 to here and your excited over a penny on a Friday.
Not being bearish, being realistic.
This wont move until substantial news - Maybe and I say maybe because investor sentiment is so low at the moment but MAYBE Q1 may be the kick start fluid it needs.
I've been here through it all believe me. I kick myself everyday not taking profits in that first run to .19 Pre-R/S.
You may laugh but watch an episode of American Greed and think about what these CEO's are doing with your money everyday you sit here and wish on a pipe-dream.
BE1CB
You could have picked up shares at below .15 for 3 trading sessions now.
L2 does not lie. No volume = Death in OTC.
Every time a small push came about MBAY was there with 5k blocks soaking up bids.
Last 5 minutes someone was trying to dump 500k shares.
Learn lessons, in can be lucrative down here in the OTC - Just dont get caught holding bags and wearing pom-poms.
ALL IMO.
BE1CB
MBAY now boxing in the BID/ASK.
Guys its right in front of your face. Dont listen to the noise, watch L2. Manipulation at its finest. Volume has dried up. Its not because of the Caveat Emptor or all the other reasons.
People made money on the way up, now we are stagnant. Dont be a bag holder. ALL IMHO.
BE1CB
Guys, I am just letting you know. I put in sell orders lower than MBAY and immediately they would shove 5k sell blocks below mine. I did it 3 times.
This proves no buying pressure at all and in essence gives free reign to the MM's and shorts.
FACT.
BE1CB
MBAY is doing the same thing it did to ECIGD - He is controlling with 5K blocks, utter manipulation. He knows there is no buying pressure and he is controlling where these MM's want to cover. Its complete and utter BS.
BE1CB
Its obvious some of these brokerage firms know they are having trouble cover their positions. They are throwing fake walls up everywhere shaking out weak hands. This is OTC 101. JUST WATCH L2.
With no buying pressure, we will fall. Its that simple.
BE1CB
WITHOUT any buying pressure MM's will walk this around like a horse at a petting zoo until all the crooks can cover at positions they want to. If the hype was real and the volume remained the same as it did last week we would be well above .25 at this point in the week.
Do not believe that it is just iHubbers here that are moving this. Wake up. Longs and ones who care, create some damn pressure on this stock, otherwise we will sit here and watch this drop slowly back to .10.
Truth.
BE1CB
IMO
The truth about what has happened here is this. At the peak of .32 cents, they released UNAUDITED quarterly earnings on the 31st of March, a few decent PR's, shorts got squeezed and it made for a nice pop.
Behind the scenes IMO BOD's were buying back shares creating forward and upward momentum, with that hype and momentum, dumped it on us so they can make money, in turn created for a few shorties to jump on the bandwagon.
We are now at a mexican standoff floating around .14 - .1750.
I may be off, but I believe this to be true. The OTC is a sham in itself, some great companies are born here most are just BS. When you can decipher through them, take some meat off the bones and lock in profits thats how you win here. Pipedreams are not the way to go.
BE1CB
That would mean MarkTrades is correct. Naked short positions are failing to cover their positions. You see MM's everyday early on try and bring this price lower but it cannot get low enough for some to cover their positions. Time will tell, but this should pop soon.
BE1CB
Say Good-Bye to this. VFIN on the ASK.
BE1CB