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.
Tossed in 11k shares today. Is this expecting news by chance? Seems like there isn't much trading on it currently.
I started playing with BMIX YEARS ago. Sub penny. Actually the first penny stock I started to learn the ropes with. I had it in a different account and forgot about it until last month when I got an email that all of it was being transferred over to CS. Low and behold I was still holding 500k shares. Nice to see patience paying off. Now I'm conflicted on what i want to do haha. I had money hiding on me and didn't even know it. I wish I had this happen to me with crypto.
Which is odd, because no one is able to trade on it right now. I can't figure out how it's being traded on and why the hell people would sell their shares for a loss. Why not hold on to them and wait for some buying. At least TRY to make a profit
Negative... it was a 1:500 RS. I wish it was 1:100. Should see a price soon at .05 for your shares equal value to what you had. Hopefully this will prime it for a little upward movement. Doubtful though.
Sorry bud, I'm a long here and I have read the reports of the RS going from 15B to 350M. It's supposed to go through on the 20th. If I can find the thread, I'll repost it
How do you figure that based on the new proposed A/S to 30M from 15B? I'm just curious on the math.
I just seen your post after I posted mine. I feel like there is hope this could rise with the R/S and some really good revenue reports. It's all very possible. It makes sense because no company is going to have 15B shares and be at a dollar a share. Not any OTC stock
The math looks like 1:500 split right? New A/S is 30M and that goes into 15B 500 times. Is this right?
Load of crap... letting it ride will guarantee your fate. This company will hit $20 as soon as halt is lifted. Investors have moved to other stocks that are trading.
No one has been able to buy 1s for a few weeks. What are you talking about? Tons of 1s on the bid, but orders are only going through for 2s
Good morning! I'm predicting tremendous volume today with no upward movement gearing for news on Monday. Flippers will have their last chance to get in at 2s today. Imo
That's the thing, there are only as many as people sell right? Get these greedy people to stop stacking the ask and let it grow
I threw $50 at the ask just to bring it back to 2. If more people would do that, perhaps we could nickel and dime the 2s out and see 3s. I want to see 1B bid support at 2
I know as much as you do JB. What i do know is the consistency in the news.
Look for some news tomorrow or Wednesday regarding the last debt. There will be positive movement this week.
700 dollars left to hit 3s. If we can get the bid to 2 and have the support we got for the 1s...we will be smooth sailing.
I've been using USAA as well. Luckily I averaged down to .0001 so my purchases will offset the commissions I've paid and will pay once I make the big sale down the road.
I think you're spot on. The upcoming news we have coming this week should start the upward movement. Q3 AND Q4 are only going to be plows for our future movement.
We have to get the flippers out. 2s should be the new bottom today.
I've got my order in for some 2s this morning. Averaged in at .0001, buying some 2s helping this move up doesn't hurt me a bit.
Whoever it is, they brought the ask down by 100m today. We very well could see 3s tomorrow at this rate. Then we will battle flippers all the way to copper.
The amount of money that's on the bid could knock out the ask and give us a new bid. We could see 3s today if people who are on the bid would see this.
That would help us out a bunch, a buyback of the 2.5 billion they just increased and turn around and retire those shares to bump our PPS up. Announcement of that along with the end of all toxic debt would be tremendous!
How many shares did Marc have? I sure as hell hope he isn't jumping ship.
I'm loving the volume but the bid drop I'm not so happy about. We need to jump the hurdle and make .0003 or 4 the bid price and get that ask on up there
625 mil on the bid and 440 mil on the ask. All we need is a spark.
With 782 mil volume, if that didn't end it, then we are 1 or 2 shares away. What a day
ScottTrade is showing 184k at .0001 on the bid left. We may have a new bid here soon. 440mil on the ask for 2s. That's a hell of a wall to climb. Perhaps we might see a 3 by Friday if we can get some of that large volume we have been getting.
Got to look at how many shares are on the ask and bid. We are almost through with the convertible debt. Once that is done, you'll see a slow rise until something is done about the A/S
There is no chance at all this will hit dollars with this high of an A/S. Copper at best before a buyback or R/S. This will be months down the road if not years. BMIX is a long hold
It's the half a billion on the ask, and 1 million on the bid.
Hell yea! Roll Tide Roll!!!
I'm not sure you'll be able to load up much more, the volume is going crazy. Better focus on buckling up!
Most of us have several mil, I'd suggest loading up to at least 5. It'll make for a nice return around Christmas
No one knows. All we know is that the largest one is extinguished. Patience will tell.
Now let's see that bid move to the 2s or 3s!
Well if they buyback, let's say 5 bil shares, they could retire them and bring the A/S down to 7.5 bil and in return bring the PPS up. I could be absolutely wrong, but it seems to be a logical way rather than trying to do the reverse split like Marc already said he wouldn't do. The billions of shares not bought are essentially "debt" the company is borrowing against via us "the shareholders." As a long, i truly hope that this would be the case, however I am by no means a pro. I am just a gambler playing the odds.
The announcement of all debt extinguished will get us up to the 3s and 4s. There is going to have to be a share buyback to move us further.
They do, this is more land that they have acquired.
I mean, 2.1 mil left at 1, then 350 million at 2. It's going to be awhile before lift off. However the consistent news is very good to see after such a long wait.