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Well bitcoin price has no bearing on CCTL, we all know that now. The only thing that moves it is volume. Last month we had a billion share day and the stock popped. Now the volume has died once again, so we sit and wait for it to come back. lately it is sitting again .0002 x .0003 and the ask is 350 Million shares + while the bid is under 10M. Needs to have massive buying, which we have seen, to move this thing again. Company is not saying a damn thing though and they still can't get a friggin website to work, even though a 7 year old these days can make a working site.
Waiting waiting waiting... CEO ignored my twitter message asking for an update too and if he is CEO/Pres of other companies.
I filled .0002s today. 18.5M of the 20M I had left. 1.5M filled yesterday.
Yeah but a 7 year old can make a nice website now with the templates out there. It takes an hour to set one up, and it isn't like they are going to get a ton of traffic to crash the site. It is a disgrace to take this long.
So that's 3 companies so far that list him as the CEO as of TODAY. Must be a tough job! I'd love to see the same guy be CEO of AAPL, TSLA, and MSFT. That would be some skills!
I am in a few Litecoin at $27, figured it was the cheapest of the 3 and could have a nice move. Had 100 of em, sold off 50 this week at $47.50. Holding 50 now and letting it ride. Passed on Ethereum a couple months ago under 100 too. Crazy stuff. HAD Bitcoin at 200, but sold at 300. Oops.
I have a buddy who invested a year ago in Ethereum at $2. He put $20k into it, so he has 10,000 Ethereum. It is now $320 or so, went nuts the past couple of months. $3 Million + in a year from $20k. The site he uses only lets him sell $2000 worth a day too, so this may take a LONG time to get rid of.
He has 3 kids too, all of them got into it, but smaller, and have $250k+ now and are barely in college.
That is what these sub pennies do. They will sit dormant for months, then out of nowhere spike 500% on high volume like CCTL did a little while ago, then fade back to where it started. Just gotta get in low like .0002 and wait til it spikes again, then scalp the spike. Rinse and repeat. This always works...until it doesn't. Reverse split or when it finally goes bidless like FFFC. That one spiked often too, but now has been 0 x .0001 for months with no sign of life.
Yahoo Finance lists Schaefer as CEO and President of ABVG. These penny CEO's tend to head up as many scams as possible it seems. ABVG another .0001 penny too. Maybe FFFC is looking for a new CEO too.
Nothing. They can't find a skilled 8 year old to make a website I guess. Can't afford the $20 he wants to charge I guess.
According to this, Bill Schaefer at least is the President.
https://www.google.com/finance?cid=717424
Bill Schaefer is also listed as CEO of Affinity Beverage Group, Inc.
How the hell can they still not even have a working website? A 9 year old can make a website in 20 minutes with the templates out there. Just a basic site with contact info, bitcoin info, news links, etc... how the hell can a company not even have this?? They can get a site up and running for $10.
I figured that out after looking back at your other posts...too bad it was after I posted... my bad!
Very true, but 95% of people here buy at the ask and sell the bid. I've had an open buy at .0002 bid for weeks now and nothing fills. Maybe one day it will fill and I can buy the bid, then sell the ask, but most don't play these little things that way, fills are way too hard.
up 50%? Please tell me you don't really believe that...right??? You do understand the spread is .0002 x .0003 so any buy is "up" 50%, right? Then you sell and you are down 33%!
Where has that number ever been verified???
I'm not too much of a message board poster, or penny stock player anymore. I played MJNA, FFFC, and CCTL more recently, the weed plays and a couple other bitcoin plays like BTCS. Just keep forgetting about the message boards for months at a time. OOPS!
Yep. People do short pennies of course, but they like the ones that go .01 to .50. Nobody with half a brain would short a .0004 stock, and 2000% short, come on. THAT is truly "Fake News"
And you really BELIEVE that 2000% short?? Keep believing that...
So just because I still trade and am not retired, what does that mean?? I trade a few hours a day, only job I have. Nothing wrong with that.
CCTL had a 400M bid last week that disappeared in 10 minutes when huge blocks hit. I am NOT a short, just a realist. Someone keeps smashing the bid when the size looks huge, I dunno who the hell it is, but until that stops, this will remain in the .0003 to .0007 range. I got my 20M buy order back in at .0002, 60 day order. Hoping to fill one day again.
Why do you think there are so many people short CCTL? Takes a total moron to short a sub penny stock with the upside risk. Just seems like a lotta talk when a stock is getting diluted. I've heard it for 20 years with penny stocks, people claiming so many are short and waiting for the killer squeezes. Keep waiting.
$3600 buy is HUGE? LOL. Show me a 500 Million share buy and I will be impressed.
I didn't mean the order was OPEN for the past 60 days. I had placed a 60 day order on Etrade last week to buy 20 Million at .0002. Order has only been open a few days, but it was placed at Etrade as a "Good for 60 days" order. I have 3M shares still open.
Bought some today at .0002, my 60 day open order filled. 17M shares. Start the process over again of the .0002 to .0005 spike. Hopefully they won't dilute the hell out of it to 0 first though.
I really don't care about "US." if I can make $1000-$2000 each trade, why the hell not? I am tired of holding this thing only to see it spike, then get hammered back to .0001 x .0002 on massive selling. I will buy back again at .0002, maybe even .0003 here and do it again. These sub pennies are here for a reason, like FFFC too. CCTL will either end up with no bid or do a reverse split in due time. These sub pennies are to trade, not to marry.
Got out of my 20M shares today .0004 from .0003 again. Love playing this damn thing like that. Over and over and over same damn pattern.
Same pattern every day it seems lately. First 15 minutes of the market hundreds of millions of shares slam the bid, then they bring it back up. I added a few at .0003 too. Waiting for the 300 Million bid at .0002 to vanish with sells next.
Grabbed my 10 Million shares again at .0003 when it fell earlier. Hopefully same pattern will follow, buy .0003, sell .0005. Rinse and repeat.
And on that note, 100 Million shares hit the bid at .0003. I hope this goes up as I am long, but damn this selling!
Bleh. So much for my usual buy at .0003 and sell for 100% strategy. Hope this doesn't end up like FFFC which has been sitting without a bid and .0001 ask now for months. Huge volume today too, really not a good sign on a down day like this with hundreds of millions hitting the bid. Still long 20 Milllion damn shares too at .0003. Ugh.
I was around and in some then too, been trading in and out lately. I was out this AM from the weekend hold at .207 and .21, then rebought .153 or so on the way down. Ave from .165 down to .141. No position now though, sold the bounce .165. I would love to see a wash to .10 to load up BIGLY again.
Nice entry. Was able to grab 150k at .152. Was buying from .165 down to .141.
Got back in here .074.
That's never a wise thing to do, especially with a penny stock. It's not halted or anything, so don't worry, but damn, never put all your $$ into one thing!
OTC stock, MJNA rarely has bid/ask this early and sometimes doesn't start getting quotes until 8:30 EST or so at least. Nothing wrong.
.15 wall is nothing. .14 had a wall at the close yesterday too and that got blown out this morning. Trend is up for sure, may not break the .15 today though, but i like the .01 churn each day. I'd love to see a .10 breakout day, but as of now, it is a solid move upward.
LOL Blame Etrade? It was just a trader who wanted out before they sell this thing down again with more shares they convert. Looks like they are up to 33M shares now too. Every week, it seems to go up over 5M shares.
"As of the close of business on September 14, 2016, Axion Power International, Inc. had 33,165,227 shares of its common stock issued and outstanding."
Well I'm out. Took a nice lump too from .0014 to .0008. This super turd looks to go to 0 and reverse split AGAIN like all these things too. Been watching SBES do the same thing from .50 down to .004 now. Good luck to anyone still holding this thing, but there has to be another reverse coming very soon. THey had what seemed like decent news last week too, and yet, down 50% now since then on all selling. COmpany is ruining shareholders here.
Does anyone have a real clue what the float/shares outstanding is at this time? Hard to find actual numbers on these OTC stocks. Thanks.
Looks like Piper reaffirmed their overweight rating on CARA on Saturday with a $23 target. Looking forward to a good week.
Piper Jaffray reaffirmed their overweight rating on shares of Cara Therapeutics Inc (NASDAQ:CARA) in a research report report published on Saturday, Market Beat.com reports. They currently have a $23.00 price target on the biopharmaceutical company’s stock.
https://www.owler.com/reports/cara-therapeutics/cara-therapeutics-inc--cara--receives-overweight-r/1461457320016?utm_source=twitter&utm_medium=social&utm_campaign=sectorNews_Pharmaceuticals