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Be careful here. This stock has the tendency to reverse split. I wouldn't count on this as a huge "mover" unless you mean it moves the money out of your account!
When it hits this level, it stops trading. Notice the significant drop in volume. The next thing that will happen is it will reverse split, and all the people that thought they could make a little money on this will realize it's a scam. Look at Soul's facebook and youtube channels. Then look at the financials. You'll see how they release "news" which really isn't anything of substance, and they have no followers, no money coming in, etc.
This stock is a TURD.
Don't fall for it! Look at the history!!!
Sorry to burst your bubble, but there will be no rebound. This is what this stock does. Look at the board and look at the history of this stock and you'll see it does nothing but reverse split, pump and dump. I hope you didn't buy too much because you're about to get diluted down to nothing :( It happens to us all.....
That's exactly what I mean. I don't know if that's legal, but morally it's totally messed up!
How is this legal? It's clearly a scam. The company makes NO money.
Watch the history both here and in their news. Goes something like this: Reverse split, everyone buys when they think it's low and "gonna bounce" and then it falls, first into trips, then into single digits making your investment worthless. There are a couple of us on here constantly posting not to buy this stock, but no one listens. Watch this split again or simply stay worthless. On another note, if you look at the facebook page, or the youtube channel where the company suggests people get up to date news, the news is a joke. It means nothing. It's like "oh we released another track that no one pays any attention to and we continue to not make money." Your wish that the company will throw you a bone is sadly going to go nowhere. The company does NOTHING.
This won't even see $.01 please don't buy this junk. Look at history of stock and this message board. Nothing but people saying this is going to "pop" and "run" which never happens.
Help this board understand why this important, please!
I find it interesting that a while back, I posted a question to this company's facebook page asking them about their stock and how they plan to return to profit. My comment was recently deleted (not by me). I suggest you do major homework on this stock before you consider buying. It pumps and dumps, leaving the regular folks who bought a lot of shares with almost nothing after multiple reverse splits, a falling price, and more reverse splits. DON'T fall for this!!!!
If you look historically at the posts here, you'll see a couple of us warning people about this. This is the typical activity of this stock. Splits, then falls. Splits, and falls. It's sad really!
The proof is in the pudding! Reading through the board here, one could see that this stock just pumps a little, then dumps hard. I beg, please stop wasting your money on this stock. It's worthless!
This is typical action for this stock. Looking at the history, and owning some myself and losing a ton of money on it, this stock goes through cycles. They reverse split, the value goes up temporarily, then falls horribly until it's in triple digits. More stock is bought hoping it will go up, then it reverse splits again, and the value just keeps diluting.
When you've sat forever waiting for this to "bounce" and it's done nothing but fall and lose you money, please allow me to say I told you so. I'm really trying to look out for you guys, this stock is garbage and it will do nothing but lose you money.
I feel bad for anyone that listens to this advice. You must be part of the team that wins when others lose because there is no way this is going up. Why would you think it would be any different than every other pump and dump this has gone through?
So how do you not know it's junk? All they do is reverse split, then fall, then reverse split some more. As they pay off debt, the value of the company increases, but that's like saying "I'm worth more now that I only owe 1 million dollars instead of 2 million dollars." If you peruse around their products, not a single one of them is popular. Basically, no one cares about what they are doing. They issue press releases that say they intend to do this, or they've just released another track for some book no one cares about. I'm sorry, I want it to work out just as much as the next guy, but be real, there simply isn't any content that anyone wants. It's proven by their inability to generate ANY sort of following on Twitter, Facebook, or even their stock.
"Bet only what you are willing to give away for free" is what you should have said. I seriously hate seeing you guys think that this stock is going to run or do anything positive. I've been watching this stock for a long time now and it only makes people lose money who aren't shorting it.
OMG, it moved up! Don't get fooled. This stock is trash.
More like .009, but I'm so sure it won't even see that I'll give ya .008 since it's not going to happen :)
You're right. This stock is garbage and I'm shaking my head over all these guys tweaking about what this stock should or could do. It's not going anywhere but down and into the garbage.
Since we as stock investors are basically betters, want to take a gentleman's bet that it won't even get close to .01?
No, it won't. You clearly haven't been watching this over time. This is the same behavior as before. The stock reverse splits, then tanks. A bunch of people buy it up, and say "it's gonna run HUGE!" and then they reverse split again. The ONLY way you're gonna make anything off of this is to short it. Don't believe this hype!
Don't fall for this. You will not see .40, you won't even see .01 You guys are getting yourselves all worked up over this and it simply won't run. Please don't waste your money loading up on this.
Hate to tell you guys, but this is exactly what happens when they pump and dump. This isn't going to run, this isn't going to do anything. Trust me, I've been watching this for ages, and it just does the same thing over and over goes down, gives hope so you buy a bunch, and then eventually you can't sell because it doesn't run, and they reverse split. Don't waste your time on this.
I think you are right. I've watched (and participated) as this thing does nothing but cycle through reverse split after reverse split, each time diluting my shares down to worth nothing. Unfortunately, I got caught on this one. What doesn't make sense to me is the fact that he has John Deere rights and such to make songs and books (that appears NO ONE buys). It's an awful big production to scam out this stuff because there IS content (it just appears to be crap that no one wants, but still requires a pretty big level of effort). So...with that said, how does John Deere license themselves out to some shell company like this? Do they just take the money they are paid and move on, or doesn't anyone at John Deere think that licensing to a company that does this to their investors could ultimately look bad on John Deere, too?
Etrade doesn't let you margin trade penny stocks :(
I like the back and forth on twitter where you ask about how the RS's help the company and the response is "we've always said we will use equity to invest in the company." Then, they post the link about the recent news about acquiring IP. But yet, the stock price is still complete garbage.
At what point do you realize that people will stop falling for this endless game of giving them money through the purchase of stock, only to have that be reverse split into something that isn't worth anything compared to the money you put in? I'm not complaining, after all, it's the stock market, but when will "the company" actually DO something to make the stock holders interest go UP in value? All that said makes it out to be a scam because it appears "the company" is doing enough to make people think it's real, while the value is sucked right out of the stock holder's shares.