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I still think 5's are the new bottom here , even though 4's showed up I think it won't hold and will finish at 5's and POSSIBLY show some 6's before it ends out
All my opinion
Yeah that makes sense , it's performing today like a bored ticker , not a massive selloff or heavy dilution , I think there's probably a couple of people who took some gains and moved on to the next one , don't have a problem with that at all, never could be mad at flipping or bailing early if people are making some money , I'm still this for awhile though.... I wanna see how everything plays out
Also look across the otc and today has been either down or even with lower volume , it's been a boring day in the otc for sure
All my opinion
I think this finishes back up around 5's today , I don't see 3's showing up
Didn't think 4's would be cracked today , considering the lowest volume since the initial run up, but for sure it's a chance to get some cheaper shares while this resets and gets ready for the next run up
All my opinion
Just as long as a bottom is being built at .0005 then I don't care about the next couple of days , I'm not seeing a selloff so I'm not worried one bit. I think from what the volume and chart is showing is a lock and load phase, I think a lot of people are holding and waiting to see what the next phase is going to be , if this was a P&D then it would of already been back down to 3's or 2's ... but it's holding at 5's and 6's , bullish to me for now
All my opinion my man
Time will tell how this unravels , I'm excited for this in the next couple of months but I'm not going to say pennies are doable yet ;) but it's not completely out of the question for me
And I wasn't around during the run up you were talking about, didn't know the float was that low during that stage
It looks like 5's are being built as the new bottom , it starts building benchmarks then it's resetting for another leg up , nice to see here for sure
The buying interest can come back in a manner of minutes or hours, if it's out of gas at 5's and 6's until then next PR then I am fine with that, I also don't see much of a sell off going on either
It's not outlandish , it might be tough to do but no way is pennies outlandish in otc land
Yeah I couldn't agree more , maybe on the blue chips and Nasdaq ones it isn't so bad but in otc land it is always interpreted and seen as negative , that's why I was stoked when I saw the 1.3 billion share cancellation because I figured if that occurred then an RS would be right around the corner .
In my personal opinion I think trading in the otc isn't just based off of the SS and revs strictly themselves as people make them out to be ... but a lot of it is based on market and sidelines sentiment. A RS, even if it's done for positive purposes ... will most likely be interpreted badly and plummet the pps because the ticker loses trust , they will see the ticker as an ATM machine to get rid of debt at the expense of the shareholders. I am not saying that every ticker and company does an RS for those reasons .... BUT the markets and groups and sidelines always see it in a negative light.
That's why I was so ecstatic to see those shares cancelled because I know when people and groups read the news over time that those actions give a positive sentiment that this ticker and company is not only trying to turn things around ... but also not completely destroy shareholder value.
The LTCP divys was another excellent Cherry on top of it all , but the sentiment here has completely changed and why it ran up from .0002 to .0007 in such a short time, it's a bullish change in momentum .
All my opinion of course
If the audited fins come out I think a penny run can easily happen just from that news alone , people LOVE to see audited fins in the otc so that's a catalyst for sure ... because it's a major step in the right direction but also people will want to be in a ticker that's about to release new endeavors in the future as well along with the divy as well
Another factor that I think can launch the pps fast and quick is if something is dropped along the lines of MJ, I'm not saying it's going to happen but if they drop something along the lines of trying to get into the MJ industry or acquire an MJ company.... easily can have a multi week run , people love to jump into new and upcoming MJ stocks. Once again I'm not sure that would even occur here but if it did ... then watch out for a mega runner of a ticker in the MJ sector with divys on the way and also working on audited financials
There's a lot of futureless and worthless tickers out there with people waiting for a moment to get out when they can , what I see here is a ticker and company that is beginning to start some major moves and is starting to rise from the ashes, extremely bullish here for me - just too many great factors and opportunities here not to get involved
All my opinion of course
Most of the time it is but not always.
But like you said earlier there isn't a point to even entertain the idea of and RS if the CEO already said that it's not going to occur... more of a scare tactic if anything
All my opinion
I was being sarcastic ... I just wanted to hear what and who it was "overheard" from lol .
Oh yeah ? Who did you overhear it from?
Nice thanks for the heads up.
And if they do get a twitter account set up.... it's going to get a massive amount of more exposure here , maybe even get more details easier as well
All my opinion my man
For sure , I also wouldn't be surprised to hear something about the new ventures without a week or so
The reason behind this is because the first thing I thought when the billion shares were cancelled was because of some specific reason , it was answered a couple of days afterwards with the LTCP divys and selling of two brands.
The first I thought when I saw the recent PR is that this company is probably already talking to certain companies and determining which ones will give the best overall returns and also which have the best forth going futures in the marketplace. If it's MJ then I lose my mind with happiness , bitcoin would also cause me great joy as well. But I'm not going to say or predict which sectors might be endeavors here , but those two would easily be the top 2 markets that would cause an immediate runner in terms of pps. They are the flashiest otc sectors so if they went those routes then the pps I think would have the greatest impact.
Overall though I think we will see another update or PR soon than later to explain which sectors are within reach , short term running would definitely be MJ or bitcoin but long term would be probably something else.
All my opinion
Nice man , pretty much everyone buying the last couple of days and weeks are getting into this at the ground level
And I'm not saying this because I'm bullish and into this ticker , but I believe that this company and ticker has completely done a 180 ever since they declined the 1.3 billion share offering , once again they didn't have to cancel the shares .... but in my eyes the CEO did this purposely to help support the pps and ticker and give the shareholders here something to support and be proud of
All my opinion
Nice to see you here my man , there's a lot of promise here for sure I think people are going to start realizing it very soon. Stockwhales sticky is a thing of beauty and this is a powerhouse in the making for sure
All my opinion of course ;)
Lol ok my man
Agreed , it ain't much at all
This ticker usually bounces in the afternoon , still plenty of time left into this :)
Yeah for sure , not sure when that's going to happen but it can maybe happen quicker than anticipated due to how active this CEO and company has been the last couple of weeks
All my opinion
I couldn't agree with you more my man , I'm not going to worry about a 20 mil t trade when weeks ago people thought this is going to add another 1.3 billion shares straight into the float . Probably half of the people here following this can gobble up those shares in a day easily.
And yeah I agree , there are really two types of dilution ... if the 1.3 billion shares would of came out then yeah it would of totally been destructive and toxic dilution ... but everyone should take note that I believe the CEO tried to fight this off because the CEO cares about the value and concerns of the shareholders here... I'm sure there is a ton of other companies that could care less and would of diluted it to pieces as to clear out as much debt as possible.
The other type of dilution is utilized mostly to not only clear out some debt but utilize the dilution for providing bigger and better options and opportunities , and that's why I didn't have a problem here at all if dilution is occuring , this is in such a better and more optimistic position overall for the company that if some small dilution is needed to move in the right direction then I could care less. I have seen a ton of tickers run from trips and subs to pennies and nickels even with some small type of dilution occurring. If it's constructive dilution then I don't see a problem with it at all.
But people also have to focus on the fact that the CEO just avoided diluting 1.3 billion shares, he didn't have to do it but I think it shows that the CEO wants to reward us here for sticking by this , when you see a ticker decline a massive conversion then issue a PR about upcoming divys and no RS .... the CEO is definitely thinking in the interests for the shareholders. That's not even including all the other factors and options this company might be endeavoring in soon as well. I wouldn't be surprised to see another update on an acquisition or endeavor this week or next week as well
All my opinion my man
Yeah I mean I'm not sure if it's going to run tomorrow or not but I do think it will rebound as each of the last couple of red days since the rally have had decent days afterwards... but if you are trying to get into this Wednesday then I don't think you have to worry about this running up super crazy tomorrow ... but I think this easily rebounds tomorrow , doom and gloom turns into boom pretty much every other day and vice versa
but I wouldn't be surprised here at all to see another update coming again soon, the cancellation of 1.3 billion shares was followed up pretty quickly with the ltcp divys so I am not ruling out another update this week but we will see
But I think if you really want to be enlightened and see what's in store here and the possibilities , read stockwhales first sticky up top and I think it's the perfect summary of this company as a whole , it's the best DD I have seen so far
All my opinion of best of luck man
That's why it was released after hours, I didn't think they would release something like this during the day for that exact reason you are stating , but I think it was just a simple update .
The last two updates, one was not diluting this another 1.3 billion shares and getting rid of debt ... the other was to announce divys coming our way with LTCP .....
Every piece of news isn't going to be a grand slam , it's a simple update for shareholders to illustrate what's on deck next .... and pretty much most tickers in the otc have some type of dilution , besides today I haven't seen any t trades for over two weeks , so I'm optimistic here and sometimes dilution is needed to move into the right direction . Either you believe this or not but I'm in this because I think this company is truly trying to build the progress but also reward the shareholders here.
This same set up happens all the time in the otc like I have said earlier .... one day it's the best ticker in the world and making movements when it's green , the next day it's doom and gloom when red
All my opinion
I agree , it's not horrible news at all but not exactly ground breaking news , more so an update for the shareholders with the progress overall.
If this was released during the day or early PM a lot of randoms would come out and rip this for being considered fluff, so i am 100 percent with you enjoying this as after hour news .
All my opinion
Oddly enough i say let it finish red at 6's , from a chart perspective I say let this have a red day to fulfill a smooth and positive movement upwards, from the last couple of weeks it has moved in a 1 tick down 2 tick up pattern ...
I would prefer for this to happen while news isn't dropped yet, for chart traders I think it's a bullish signal while for the longs and short terms here it's bullish because it isn't being dumped nor ran up too fast for a quick dump and gains. This runs up way too fast then everyone knows it will get dumped quick once news dropped.
The way this is moving I think is vey supportive long term because charts do sometimes tell the story... the story here seems to show a ticker that has a lot of attention considering it's been around 100 mil in volume each day recently , but also the charts and volume seem to indicate that the dilution is almost or completely finished and ready to move on to the next level and steps with this ticker . I think and feel bad that dilution killed the pps earlier this year but it also gave a ton of people and loyals to load a massive amount of shares here ( including myself) and now is ready to move on to bigger and better things since the debt is paid off and the company is geared up to make some major moves soon. I hate dilution as I'm sure most people do but they help give the company support to make major improvements and actions in the future and also allow people to grabs millions and millions of shares because the longs and loyals trust the process here and know the company is trying to build something special here
All my opinion of course my man ;)
The one month chart looms beautiful , it's moving up very smoothly and slowly, I'll definitely take 6's to finish as a red day , every other day its doom and gloom .... then boom lol, the good days heavily overweigh the bad days so if this is a bad red day then I'm stoked lol
Also from the volume perspective I think a lot of people are still holding and waiting for the updates and divy news , if this was a P&D we would of saw a ton of selling and back to 4's or 3's but from what i see I believe we are in silent accumulation and it's staying on the most read boards because the sidelines like this and will jump in either once this breaks .0010 or we receive another set of news... news is what it is but I think .0010 can and will be broken this week without the need of news... another bullish signal to me for sure
Not even counting the major factors here.... no RS , debt is eliminated , divys on the way , other company updates on the way , dilution seems to be mostly done , the company and CEO is active and likes to update the holders.... major bullish signals left and right to me
All my opinion my man
Probably going to finish there today , if not I'll easily take a one tick red day today and allow a another two or three tick Green Day the following one , stair step it up for sure :)
Yeah for sure , odd indeed
It will before the day ends out
Nice man
I agree
People are trying to load up at cheaper pps , this should easily be back at 7's in the next hour or so , then test 8's or 9's by the end of the day, people aren't going to want to miss out on this for sure
All my opinion my man
Looks like this is getting ready to run up :)
I think teens will arrive as well this week.... without news being needed also which is great .
On arriving at a penny I am not exactly sure when , some of these types of tickers once they break certain barriers such as .0015 or .0025 can skyrocket super fast and sends chart and trade signals all over the place for sideline traders once certain volumes and pps ranges are broken.
I personally would love to see this reach mid or high teens by the end of the week without news ... I think it will gain a lot of attention from the sidelines and keep high on the most read boards .... then maybe see news hit the following week then all mayhem would be unleashed ;)
All my opinion
It will move up higher this week ;)
This should finish in the late 60's early 70's tomorrow , just how I like my music
All my opinion and just a prediction since they are being thrown out ;)
For sure , the otc hasn't had a major massive runner since fr"t did it a couple of weeks ago , it happened almost within a week.
I think the otc is gearing up for another major runner to pennies , and I like my odds that it could be HAON .
No RS, no dilution , no debt , divys on the way , pending news that can occur any day , most read boards.
The gears are almost completely lined up here
All my opinion