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.
They have done this "85% stand still " before the reverse split. So are you suggesting the newcomers here to buy this for .0001 and wait for the split and loose 99% the next day? Do you have any idea how many stock(voting power) they have? I was surprised by the vote for the reverse split last time.They have unbelievable amount of voting power for any decisions they wanna make and the poor people who like to gamble being victimized everyday. There are good companies and stocks are available. No real trader/ investor would do gambling with their money.its only for the idiots.
Many of their directors resigned recently and their financial is massively poor and downward.
What do you mean by book value ? The market cap is $24.90
you are invested in a stock that trades at 0.0001 !!!Good luck with your "investment"
Is the company still exist? their website is no longer available
I can't believe the way many people are addicted with this stock even after all this!After the next RS they started complaining about SEC for doing nothing.. blame game
Jeffry Holman is an attorney for more than 17 years. its not SEC or Jeffry Holman.its about people who are either too greedy or believe in miracles being wiped out everyday. As we see still people are buying in big numbers in this nasty market. I wonder when are they gonna do another 10000 to 1 RS.
Death and Destruction are never satisfied, and neither are human eyes.Proverbs 27:20
some big player is pumping for no reason but to dump it on some innocent lives. its clear manipulation
seems like "organic" grocery store!! what a fun.They thought that announcing "Acquisition" of this "big" thing on the day after RS would hold the investors. All those bag holders including my on friend who believed in miracles continued to be victims for months. 130mil share became $1300 today.Well good luck.
seems like short sellers are bit scared at this point. I think it may do a bounce play like before. holding steady throughout
Whats going on? it it gonna stay in .04?
Strong bids coming in on above 30s. once it breaks the ask on .34 it can be interesting. I noticed a 30000 bid on 29 as well.
25000 bought in Ask price in 10 min !!!! seems like going up again with strong support on .33-.335 level
I don't think they are playing on fools.Where are those hundreds and hundreds of mil bid comes from for that last few weeks where two weird RS (1:10000 and !:20000) were already approved ? People were brilliant enogh to invest in 0.0001 and hoped to sell on 0.0002. And received the expected fate.
I am no expert but when I see people holding /not selling below 0.001 means it would breakout just because of a simple name change in coming days which they have said in the last week PR. I have huge hope in this company. Trying to add some more in lows but nobody is selling volume.
Todays press release:
http://www.digitaljournal.com/pr/2902503
You reap what you sow. reaching new low everyday until april 15th and then tank like a hell or live under fear everyday about the RS
I think there would be two kind of news coming in. one for a reverse split 1<10000 and another for 1<20000 and both will b after the market close at 4.00pm.
How could someone dare to buy this stock when a massive reverse split is approved and waiting to be implemented .(usually they do it as a surprise after the market close one day.) so they next morning we could see a 90% down if not 100.I am very surprised.If this is what called penny stock trading , I am out because I don't have a clue.
Why would anyone wants to buy this stock when the threat of reverse split for 1<10000 ,1<20000 is already approved and can be implemented anytime between April 15 and 2017.?The volume of share "for" the reverse split surprised me.
And also,all the shares traded on 03/23 were outside the bid/ask price, millions of shares from morning to evening.
I think this would go down everyday until the reverse split. And then a massive down after the split. Seems like this would still be traded under pennies even after that unprecedented reverse split.
Approving/announcing a reverse split while the stock was getting huge momentum( up to .96/share a week back) is very strange and may have had its motives. Can't believe this company has been trading in Nasdaq!!
ARCS — Annual Report Published: Mar 23, 2016
Describe any trading suspension orders issued by the SEC in the past 12 months:
There have been no SEC suspensions, but on February 22, 2016, a Caveat Emptor was placed upon it by the OTC
Markets. The company is seeking to have the Caveat Emptor symbol removed by making certain filings, including this filing.
(Seems to me as a positive intent to restore the image)
http://www.otcmarkets.com/financialReportViewer?symbol=ARCS&id=151843
Till this time, all the orders are placed outside the bid/ask and they(insiders ) are buying millions from morning. I have not seen not even one order placed on the bid/ask
2,999,904 vol 2,999,904*24(avg.)=71997.696
Absolutely no value for the investors
I would rather accept the loss today than suffering 40% loss everyday. So I am out and I am free. . not one buyer . its all pink orders on level 2.The value of this company is almost dead because of their unprecedented actions.
someone explain me if 1<20000 happens the current price 0.042*20000 would happen right ? thats just stupid. so i guess it won't happen .And i think these are the lowest levels of this stock and it would go up after the press release.
whats the best way to get level 2 for OTC/Pink. I am with scottrade. Suggestions would be greatly appreciated/ Thanks
@SubPennyPosts I agree.ill add more