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Just amazing that the market maker doesn't add 150 shares (which he would have to buy) in make a total of 5,000 shares to show your order and drive some business his way
You have to bid for 5,000 shares under $.20 if you want it shown. If your bid is not for that amount, another market maker will ship the order to the highest shown bid and it could trade lower than your price and you won't buy any. The only way to guarantee you buy them at $.15 with a bid lower than 5,000 shares is if the market maker holding your buy order also has the sell order side and then they will match them up to keep the order flow.
First the analyst is guessing with his revenues because he can't account for the total quarter because all of the Starbuds acquisitions weren't part of the company for the entire quarter. The analyst coming within 800K of what the actual numbers is pretty good and no way disappointing to me. The incredible revenue increase makes it difficult to be right on point and considering this is the only analyst so far covering the company, it was good in my opinion. If we had more analysts covering the company and it was a big miss, then I would be worried. Hopefully we get more analysts covering the stock with these kind of growth numbers.
As far as VERT is concerned, he isn't flipping for pennies, he was flipping for $.09-$.11 cent spreads and he made about $2,000 today just flipping. VERT was about 70% of the trades in the hour that I posted him flipping from 10:50 am - 11:50 am. Then later in the day he did it again but disappeared from being the major player once the buyers got aggressive in the late afternoon.
Imagine you were able to flip that for a $2,000 profit and still not have diluted your position at the end of the day. He did that about 20 times today in 900-1,100 average share lots. I would take $2,000 a day in profits everyday and not lose any of my position.
So I still haven't heard about your experience in the business that causes you to bash me about my analysis. But you have a right to your opinion. If you researched what I wrote at the time WHEN I wrote it, it would appear to be right on.
Like I stated earlier, I respect everyone here but I am done with my analysis to help educate something realistic about the business and help to try help all the posters make some addition cash. I am not a basher and don't like to get involved with such actions so I will stop providing my opinion going forward.
Wishing everyone good fortune in the future.
Yes, I find that article quite telling and that is what I have been trying to teach. There are telling signs by the quote action which you can read if you have had experience with it.
I don't always agree with some of the posters here on some issues but I do respect them because I have never seen a chat board with more informed, fact finding and insightful people. We seem to have more seasoned (meaning old age...LOL) investors here so they are thoughtful and patient instead of many of the millennials who expect to have big moves everyday go their way.
I am not always right with my stock picks, but if you can be right about 70% of the time and know when to get out of a bad trade before it kills you then you can make a good buck.
SHWZ is one of those "homerun" picks especially since JD took over as CEO. It can be frustrating to have the patience waiting for it to happen, but I believe in holding this stock rather than flipping it because when it finally takes off, I don't want to chase it because it is going to get away from you really fast and most likely not come back in.
Wishing good luck to everyone and a great year ahead.
Drugdoctor:
If you have been watching level 2 with this spread, as soon as it trades at $2.70, VERT offers 100 shares at $2.60 and then buys 1,000 at $2.60 and then turns around and bids 100 shares at $2.70 and sells 1,000 shares at $2.70.
VERT is getting the order flow of these 1,000 share trades and is whipsawing them to make the difference. Since he is not on the bid or offer, he can't make the trade until he shows it so he shows it for one second and then executes it. That is the way the game is played for a MM legally.
IF YOU BLINK, YOU WON'T SEE THE BID OR OFFER FOR THE ONE SECOND IT SHOWS and then it trades. I know you have a good portfolio so you can be watching many stocks and miss what I have been saying.
I am not sure why you are skeptical of what I am stating because I worked in the business for almost 30 years before retiring from it many years ago.
During all these years of conversation on this chat board, you never stated working in the business so I was wondering why you are thinking I am blowing smoke. Did you work in the stock market previously? If you did, then I can take your skepticism and criticism with some merit because you will know the inner workings of the industry.
Did you see my postings this morning after the market opened up big and then came in to turn red. I stated that the market is building a good base at these all time highs and is very bullish. We held just like I said and now rallying big which is what I have been stating for the past few days. SHWZ is going to break out soon just when you are least expecting it in my opinion.
We are all wanting the same thing so I am not making this stuff up and I am just trying to be helpful to create awareness.
Damn, I hate when VERT makes money flipping. He has probably done 70% of the volume today.
VERT is making a killing flipping these trades, lucky guy!
As soon as a big player shows up on either side, he will disappear.
Or they can go after the states in which the other STARBUDS are in ( 7 in Oklahoma, 1 in Baltimore, Maryland, 1 in the island of Jamaica and 2 brand new Missouri locations are coming) but were not part of the Colorado Starbuds deals.
There is that 1 state of Washington location also, but not sure what the deal is with them because they are not part of the Starbuds other locations.
Since Starbuds has a great reputation, having the Starbuds name already established in other states would bring instant credibility and most likely profitability to the bottom line and be accretive to earnings.
To me, we were all expecting press releases like this but here is the key to that press release today:
About Schwazze
Schwazze (OTCQX: SHWZ) is building the premier vertically integrated cannabis company in Colorado and plans to take its operating system to other States where it can develop a differentiated leadership position.
This is the first time I have noticed the phrase "plans to take its operating system to other States" which is the first reference to going to being a MSO player. I believe JD has even bigger expansion plans than he is leading us to expect but it depends on the SAFE banking act or legalization taking place.
Concerning the SHWZ share price or the market in general, the market is digesting these new record highs and creating a new base/floor which is very bullish. The market is waiting for all these earnings to come out on all the companies before getting ready to make its move upward. Meanwhile, just need to be patient before we start getting rewarded.
Hang in there, May 13th isn't that far off.
Maybe I am missing something, but just don't understand all the sellers around now. Either you and I are mistaken on what is about to happen with earnings or those sellers are going to be shocked and taken out and we rocket upward.
The rocket engines are igniting!
I like sarcasm so keep up the good work....LOL
Don't panic about the closing price, no volume means no conviction. Just another dope who panicked in the last minute. The market is always on eggshells when Powell and the Fed speaks now worried about a interest rate hike which isn't going to happen for quite awhile.
This stock along with the market is priming for a major upside move in my opinion and experience.
The one guarantee in the stock market is you can't fix "stupid" and there are many people who really don't have a clue how to read or play the market.
Just be patient for a little while longer and you will be rewarded. This upside move will most likely happen on a day you least expect it. I am not posting much because it is just a waiting game now before the excitement should begin for us.
This is my analysis and opinion of what is happening.
Just what we need is a big offer so the buyer from yesterday can grab a big chunk and get it going. If I was the buyer I would wait back and hope the seller gets antsy and then pick him off unless news comes out. If the seller is an ex-insider(JH?) and wanted to unload a sizeable amount, now would be the time because of the anticipation of earnings and possible acquisition would bring the volume to unload a good amount of shares. If JH is really moving on from the company, he should have an insight of what could be in store regarding earnings/acquisitions and looking to sell into strength.
I stated earlier today that we could see a rally in SHWZ but just not enough volume in the market today to give it the spark it needed. We almost got there but we didn't break that $2.80 level to confirm.
SHWZ along with the market in general is building to bust out to the upside. SHWZ should be breaking to new highs even without news probably late next week by the chart action and trading I am seeing from my experience. Moves in these lower price stocks with low floats often happen when you least expect them and I believe we are getting set up for such a move. If the earnings or possible acquisition news is exceptional, the stock should see a 100% price move to the $5.00-$6.00 level. If we break the $5.00 level and hold it, it will be very bullish for the long run.
I am hoping my industry experience will pay off being correct and we could see a lot of happy faces here soon. Would like to see my retirement funds continue to grow soon. GLTA!
Don't be surprised to see a rally in SHWZ between now and the close.
Because they put a market sell order in. Never, never use a market order on the OTCBB/pink sheets or you will get screwed on the buy side or the sell side.
Notice the buyers came back after that. I am pissed that it traded that low and I bet the buyers are pissed too. It just doesn't look good but you can't correct stupid when it comes to people invested in the market.
I think the earnings are going to be a surprise to many.
It is not going to hold, it is going to strengthen. We are heading higher to a new higher base level on this being undervalued and future growth and acquisitions. We should have a $3.00 base by the end of the week.
I sure wish I was the lucky buyer. I think we could see a nice bounce back in the next few days. Really excited about the next earnings report.
In 20 months, SHWZ will be $50 a share by the end of 2022.
I stated on Friday that the melt up was beginning so keep our fingers crossed. Great way to end the day!
The buyer is around, he was bidding $.20 for 35,000 all day yesterday and today and there are buyers at the $.18 and $.15 level.
It seems everyone is just holding their ground and waiting for the other side to give in.
You are most likely right that we could be in stall mode until earnings or another surprise press release.
The market melt up is starting like I predicted earlier today, now we just need the small caps to join the party and next week could be a huge week.
Let's get this Schwazze party started! Gooooooooooooooooo SHWZ!
Get the last of the cheap shares, it looks like a melt up is in the works to take place next week.
The market should be ok for the next year or two because of the liquidity of the FED and not raising interest rates. We might have a few doosy market drops during this time but I see the market still coming back.
But by 2023, watch out below especially if the Republicans lose the Senate in the mid-terms because then taxes will go to the moon for sure. But until then, we should be ok.
We would be near the $3.00 price range today but that idiot Biden ruined it with his stupid capital gains jargon. There is no way he is going to get that % amount or else the stock market will crash and then the government will definitely not be getting any cash because the stock market has been fueling the economy for awhile.
We would be taxed at that 43% because all of us are going to be millionaires from this stock alone once it takes off.
It does appear that Josh Haupt is gone and that is disappointing because of his incredible expertise and knowledge but I don't believe it will slow Schwazze down from its goals. I bet Josh still has a stake in SHWZ as long as he and JD parted on good terms because he knows the potential here. I really liked his personality which was a real positive.
The stock looks dead today but on a technical analysis I wouldn't be surprised to see a later day run to the $2.70-$2.75 level but right now my vibe is that it isn't going to happen unless we pick up some more volume.
Thank you for the excellent information and kind words. My thoughts on Josh were just speculative because I couldn't find anything confirming his leaving.
As I have previously stated, I have never been more enthusiastic about a stock holding I have owned as I am in SHWZ once JD took over the company. Sure it has been a grind to see the slow price movement but I am extremely confident this company has all the goods and a tremendous payoff will come for all of us who are patient.
I just work hard to research any of my holdings and try to inform others of their potential. As with any stock, there is no guarantee of what the future brings in stock price because the market is always throwing us surprises and sometimes emotion plays a bigger part than fundamentals. I never use a stock chat board as my sole reason to buy a stock but the individuals on this chat board are great researchers which helps get out excellent information.
Wishing all of us much financial success in the future with SHWZ.
Nice ending to the trading day. I expect a follow thru to the upside tomorrow.
I won't be here tomorrow so keep those good vibes going!
The only time that I ever saw VERT affect the stock was when we had the old board members selling and killing the stock when they got ousted from the company. VERT was either selling for one of them or knew the huge amount of shares for sale and was shorting it to buy back lower knowing they wanted out.
There you go, just what I said would happen.
Good times are coming real soon!
Stevenrisk, you just confirmed what I said. You can buy 2,000 when there is only 1,000 shown because you can always do more than shown. I had bids or offers for 10,000 shares but only showed 2,500 because I didn't want to scare away the other side so I didn't have to come off my price.
So if I had one of those bids/offers as explained above, the amount shown wouldn't change because I still had more (7,500 but not shown) to buy or sell until I used up that 10,000 share amount. At that time I would have to enter another order to buy or sell more.
In your example, if you showed a 4,000 bid and someone went to sell it to you with a 5,000 sell order, than the seller would get his 4,000 sold to your bid and leave the 1,000 on the offer/ask.
VERT does that all the time because he sees the buy side (big bid) is much stronger so when GTSM grabbed them he showed the $2.50 bid. That is why GTSM then steps up to $2.51 so why doesn't VERT go to $2.52 bid because he is scared to own them if the seller comes back.
If you are right that VERT bought it, if a seller comes back and sells 10,000 at $2.51 to GTSM, then VERT will sell the rest right away to liquidate his position because he never plays that big.
If VERT stays on the offer with 100 share lots and keeps selling as we move up to the $2.60 level then you would be right because he flips for a few pennies but I believe VERT will stay right outside of the best bid or offer and not play a factor.
In my opinion, VERT is just a shill in this stock and is never one of the big boys that moves it but he makes a few bucks everyday just flipping tiny amounts.
GTSM bought that, not VERT. VERT would crap their pants to buy that many shares...LOL
If your order gets there before they can pull it, you either bought it or sell it, so it is real and they have to honor it. On the pink sheets/penny stocks, they don't.
I have worked in the business for 30 years before retiring so I am experienced in the inner workings of this sector. Many people have educated themselves to be good traders over the years while not working in the sector but I like to provide a context/learning opportunity when I can about the reality of the market due to my work experience. No matter what, even with the business experience like myself, I am not always right (no one is) and I have some losing trades along the way but do my best to keep losses at a minimum.
For example, couldn't the $12,500 at $2.50 been a fake offer? Orders came in to buy it and it was sold by someone. What you are referring to in a more realistic fake bids or offers are the 100 share ones. You can show a 100 share bid or offer and buy or sell as many as you like as long as you honor that 100 shares shown or you can just do the 100 shares and pull the rest. Right after the $2.50 stock was bought, there was a bid for 200 shares @ $2.51 and yet 1800 shares traded there but there was only 200 shown. So you can always do more than you show but you can't do less unless you can pull it before it gets hit (or slapped as some say here).
Just trying to be helpful/informative.
If the market continues this strong for the remainder of the day and get some added volume, we could finally see the verge of a breakout this afternoon and test the old highs of $3.25 by the end of the week.
Need some additional volume/interest for sure but the chart is sure indicating a breakout opportunity is imminent.
Small caps are do for a correction rally.
Fingers crossed.
Why do many of you say they are fake? Put an order in to sell 20,000 at $2.49 and I bet you will sell them or put a buy order to for 12,500 at $2.50 and you own them.
The only time there are fake bids or offers are on the pink sheets or black market because they don't have to honor them.
This is an OTCQX stock so it is real bid or offer. Any NYSE, AMEX, NASDAQ or OTCBB stock has real bids or offers. So many people buy those garbage penny stocks and think everything is fake on a real exchange.
Now we're talking, who is going to blink first, the buyer or the seller?
I can't wait soon enough. Might need extra underwear because we could crap our pants with blowout earnings (good pun there)...haha. It has been a long wait for sure but I am excited about what could be moving forward.
Yeah, I saw it today also.
Well at least I get to enjoy my chocolates in spite of the share price right now. This stock is so frustrating. Definitely believe it will be a winner but might be a longer time frame than I was hoping for.
I always enjoy the weekends so we can throw so interesting conversations out there.
So here is one wild speculation about the next acquisition? Could Schwazze be acquiring Superfarm from Joshua Haupt? Could Josh be thinking about a nice payout and retiring to enjoy the fruit of all his hard work and why he is not listed on the Schwazze website anymore.
I am assuming that Superfarm is providing Schwazze with their product since Joshua Haupt was part of the team and Josh is the probably the best at it in the country. Schwazze acquired Three A Light when Josh came on board, but nowhere has the company stated that they also took ownership of Superfarm.
If they acquired Superfarm, then Schwazze would improve their profit margins by growing directly and not purchasing from a wholesaler like Superfarm so it would cut out the added expense of the middle man in a way. Then Schwazze could get into the wholesale business sector in addition to the retail sector and could provide incredible margins.
It is out of the realm of what we have been spewing here on the chat board but Justin Dye's incredible positive tone leads me to believe it is something bigger than we might think.
Anyway just some fuel for thought and speculation and wonder what some of you might think? Will check back later to see if any of you think it has merit.