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I don't think that number is current though. Price movement has been funny on this ride up. The following is my opinion: they had to fund their huge land expansion, and I'm suspecting it was partially funded selling shares. I don't think this is necessarily bad, it's par for the course with publicly traded companies. Tesla just did something similar, killing share price but it eventually recovered because the company is generally well run. UBQU is well run, which is insanely rare here in the OTC, but still, companies do what they have to to survive and grow. I think the company knows what its doing and is trying to soften the blow to investors the best it can.
And now that we're trending on Ihub, its going to be a shite show for a while... I'm going to regret selling yesterday when PPS spikes today, but I'll feel better when I can get back in lower than I sold in the next month or so when this weeks penny flippers bail to the next get rich stock. I made some money, the guy who bought my shares will probably make some money.
Again, just my opinion.
I'd expect the name change to happen before the up list. JMO
Sounds like the call was generally good. I still think there's dilution here, but the company is headed in the right direction.
Pure fear, for me anyway. I've suspected dilution for a while, today really felt like it so I bailed, leaving some free shares. My position is pretty small anyway.
Most exclusive whiskey money I could get behind. PPS movement has had me thinking dilution for a while now, and I got burned bad by that last year... I have a small account and every little bit helps. I still have shares here, so it's not a total loss. If the call is good and they verify dilution is over, when today's sell is cleared I'll add more.
The last ten minutes has typically been when it moves.
If I drank beer, yes.
Well I got scared and secured profits, rolling on free ones in case this runs again. If it does, enjoy my small position whoever bought them.
If it runs big tomorrow I'll learn another lesson I guess...
Oh, you're only allowed one per mod? weird. Maybe Peggy can fix it lol.
It has you listed as a mod :)
It's done this a couple times on the way up too. Times I though it was done and it was diluting back into oblivion, then it closed much higher than I expected.
If it is dilution, they are doing a good job not killing momentum.
In December the company promised lots of updates, they've given real updates all month with a CC today.
Normally with this price action I'd bail, but the actions of the company so far lead me to believe good news is still coming. Not selling yet.
The OTC doesn't always play by the rules. Its a great place to learn though. You can test strategies much faster than on the bigger boards.
Good luck! This game is very entertaining.
Chart looks like some upward movement is around the corner, as long as it can stay steady at these levels. I'd say good Q1 numbers could make this explode.
Someone should ask about the dilution, see if they're going to start buying that back to retire shares.
This is pretty exciting.
Morning dip over?
I don't think we see under .02 again.
oh mylanta. Everything's aligning here.
PRs will contain information discussed during the CC, no? Giving anyone listening to the call a head start.
I've been on that end, trading something for a couple bucks leaving 1000s on the table... not this time.
This calm before the storm is raising my blood pressure...
Whats the market cap here? I'm showing 1.7 on my stocks app, but that's not always right.
If it is right, when dilution is over this is going to run big.
This one looks pretty good, but it also looks like its being diluted...
So, uh, what's going on in here? Trying to pick up cheapies for the post CC run, or is everyone bailing?
Agreed, as much as I like all the green in my account, it needs a pullback to reset before another run.
What is the connection between VATE and KGKG? I'm getting the VATE coffee news on the KGKG ticker in my Stocks app.
Nice! And it looks like sellers are finally gone.
Roger Roger
over and out.
What does that mean at the end of your posts, EOM. I assumed it mean End of Month, but that doesn't make sense... maybe it does?
The more attention we get the more posts like that will turn up.
A 'classic pump and dump' CEO would talk up the PRs, say over and over big news is coming, and the PR would says something like 'potential' 'promising' and 'optimistic', these PRs are real.
Real name change.
Real expansion.
Real product changes.
Now all we need are real numbers and this is going to explode.
I have to say, this board has to be the most positive board I've come across. Positive without being delusional.
I like this plan, I never was a fan of Uranus anyway.
Good job man, even my 16s are sitting pretty.
Seems to be our resistance today, at least closing at that would be nice. I'm good with a 40% day haha.
If that is the case here, it will happen Thursday after the conference call, when the PPS is much higher.
Lots of sales positions too. This is probably going to be a long hold, but it looks very positive to me.
GL
How is this stock so cheap? I'm showing a market cap under 300k with net income over 3 million?
.02 finish for the week! nice. Next week is going to be killer.
Hey look at that, you were right. News on a Friday. It sure is the wild west here in the OTC haha.
Ending the week up from the beginning is never a bad thing. We finish the week 18 or 19 next week is gonna be good.
I suspect those selling today will be buying back Monday.
I never thought I'd be so happy about 2 cents lol