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Mycherio price fluctuations yes!
But if there are only 23,000 shares sold daily and I have 10 Million shares to sell........ how will I sell these stock in a timely manner
Someone please give me an answer.
Gents there is nothing left to do then but to let the MM and low bidders who want to amass their shares before the split to take over your stock.
What a shame!
Imho --- even the guys who had 1 Million shares + at $0.01 are going to be in trouble soon.
All I see on this stock is people who buy buy buy while the prices are falling. Holding with the idea of making big bucks WHEN the real traders come in.
But... why would a real trader come into a stock that is sleeping?
Think about it.
I (Mr Day Trader) comes in with $500,000.00 and I want to buy shares.
Who am I going to buy from except from the MM if everyone is holding?
Worse -- who the heck am I going to sell to IF I did get the shares?
Interesting trap! LOL!
Day traders stock - Not!
Day traders wouldn't touch this stock now. Last year, yes they were here in hordes because there was enough volume, but now, with these sickly volumes (due to all the holding) no one in their right mind would try to trade this stock.
* Of course that could change in a few seconds if a few traders with big cash in hand come in a start wanting to buy millions of shares at a time.
Question If I own a store and I buy my products at wholesale prices
A.) Am I required to sell at any particular price?
B.) In a free market does anyone have the right to tell me at what price to sell?
C.) In a free market, isn't it the buyer who decides at what price they will buy?
In other words, IF I buy at $1.00 and I set my sell price at $1.50, is there any issue with that if people buy the product? Of course, you know the answer. It's no.
If you open a store and buy the same product and want to sell it for $1.25 and therefore take all my business, you win because you get the clients what they want at a better price. All I can do is to sell cheaper.
D.) IF the product is stock --- what is the issue?
Hey Map we tried it and it does work. Two people pushed the price on Thursday to get the up trend going. Today, we are just going to sit and watch. NOTICE that the price has already fallen to .9300
There are bids at .93
What needs to happen is that a few people will have to be willing to see small amounts of shares at increasingly higher prices.
Since we made our moves MM prices have been going up. The highest MM price right now are CANT @ $0.900 and CDEL @ $0.900
Last Thursday, when we started, they were in the $0.70 range and going down.
Push price above $1.20 if U want to run!
Why sell off to lose your cash?
Be smart people! Push the price up by setting your Bid (Sell) prices higher.
HINT
If you are within 10% of the market price, there will be sales.
NOTE! MM can and will STALL so don't expect immediate sales. Just hold your price. The moment you change it, the "clock" that they have to abide by resets.
Right now the price is at $0.98. That means that bids from those who want out can come in at $1.07. IF you set a $1.07 sell, you can also set a higher price at $1.16 ---- etc
HINT 2
You have to be willing to sell more than 100 shares for the MM to buy.
This is how to increase stock price and to keep it up - if YOU want that.
BTW --- THis is how you attract outside investors (TRADERS) as well.
Steven the MM are never ending sellers since they own a huge number of shares.
If everyone can see this, then pushing that price up is easy. We (I) figured out the theory and my friend and I tried it. It works. Yesterday, only 20 minutes or so into our "test" the price jumped to $1.04. We want to see that price up to $1.50 or more. That is something that can be done IF and only IF owners become TRADERS. This is something that most of you guys are not understanding yet.
Forget about PRs and anything else. A stock price is based on what INVESTORS (TRADERS) want to pay. Period!
This is why some of the best stocks for trading in the last 20 years have been those owned by companies that were already in trouble.
The COMPANY could be in trouble, yet the stock price and VOLUME were high! Volatility is also important for a stock. All of these are more salient than any PR. Remember -- It's about how interested people are in your stock.
* NOTE - even if one share is sold at a high price (which is something that can easily be done on most trading platforms) the price will go up.
** NOTE - If a high price is achieved at the Very End of the day, that price stays on the board until the next morning. Do you guys understand what I just wrote?
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BTW I am seeing all of the people selling cheap. >>>>> RUN!
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Run and get the hell out!
Let people who know how to do this take over and clean the clocks of the market makers.
Pushing the price up
My friend and I have been pushing the price up on our own since yesterday since most of you thought it could not be done. It's good to have at least one person doing this.
Ok tarballmonger
I will sit and watch. Thanks to the volumes last Sept on SGBY/Evio, I was able to make half my income for 2017 with the stock. Eventually it will come up like a rocket. In the meantime, I will continue holding and quietly watching as I always have.
SF
tarballmonger: Oye! For the moment, the MM are controlling and they have been for the entire year. I have watched daily. I have also tested them by placing my sell prices below and above their prices. They tend to follow, BUT, in an environment where few if any are trading, they trade among each other and tend to push the price down.
You wrote: "Believe me, if the investment community got wind of SGBYD and if its DD proved positive, they would buy and the MMs would be just as happy."
CORRECTO MUNDO!!!
They would be as happy if the price was $69.69 because they make their money anyway. Remember, they are paid to be here. They making a profit off the stock is just (LOL) an added bonus for them. A huge added bonus, but if people are not aware that they are their and the TRICKS that they play with ALL stock, WE, as a collective will not have as much power to control OUR stocks prices as we should.
In THIS particular case, WE, the present owners of SGBYD have been holding to a point where there is no other activity besides the MM's buys and sells. They, therefore, have total control. It's OUR fault.
SF
'tarballmonger'
Oye! MMs do not set the price except for very short term activity when the market is thin and void of interested parties. They do manipulate the openings to screw market orders but that is about it. This idea that MMs are manipulating SGBYD lower for some nefarious reason is absurd, though it keeps surfacing whenever posters get frustrated. True, MMs have control of the way in which they execute orders, but again, that is for short term periods when there aren't enough investors in the market to balance things out. Believe me, if the investment community got wind of SGBYD and if its DD proved positive, they would buy and the MMs would be just as happy. MMs only take short term positions and usually for market making purposes. SGBY isn't big enough to attract any conspiratorial activities.
It is and shall be all about revenues and margins. PERIOD!
Jed wrote: "How do we as a group with quite a few shares swing this thing our way?
How do we get more pro active?
How do we become our own MM?
How do we....?"
I am so happy that you asked! :)
Step 1. We ALL have to understand that we have a valuable stock in our hands. Some owners have a few thousand shares after the split, some owners have hundreds of thousands of shares. If we play together, just as the market makers do, we all are going to do well.
Step 2. This is about making money and not about ego. Right? We need to treat this stock and this board with RESPECT. There are other POTENTIAL INVESTORS watching. Negative activity can sway them away from buying.
Step 3. We have to begin buying the shares to increase the stock price NOT to have more shares!
Think... ** SUPPLY & DEMAND **
A stock, just like any commodity is worth whatever the buyers think it's worth, therefore, if WE value OUR STOCK, the buyer will reward us by paying more for it. This creates an upward trend.
WE CAN SET THE PRICE!
MARKET MAKERS
In the last week, the market makers have been in control of the price of OUR STOCK and have been driving the price down, simply because we are not buying up towards OUR PRICES.
You can not blame them. They are into this to make money and they make their money when the price goes up or when the price goes down. Frankly, without most of you knowing, they have made tens of millions of dollars on the backs of owners and former owners here in the last year.
It's easy to see what they are doing by watching LEVEL II (TD Ameritrade). There you can see the bids all day. I will talk more about this later.
................................
HOW TO INCREASE OUR STOCK PRICE
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There are a few ways to do this, which I will get into soon. The #1 way to do this is to avoid buying CHEAP SHARES. I will get into HOW to avoid the Market Maker's low bids soon.
It's our stock, it's our money! We Control!
It's About Us!
SF
I am in Central Florida - Palm Bay. It's getting interesting, but tonight will be the beginning.
HumanChess The way the Market maker (not a bookie) works is that they are charged to keep the trading happening.
IF no one is buying THEY ARE FORCED To buy shares at a higher price than they want. For doing this they collect fees and charges.
Effectively, we can force them to buy our shares ..
AND at the same time....RAISE THE SELL PRICE of OUR STOCK.
Here is a video of what the market makers do.
Video: Role Of A Market Maker
"What does that do keep the shorters off of them?"GangstaRIB
Hey GanstaRIB! -- if he sets a sell price of $100 for 5000 shares as a GTC (Good Till Cancelled), it's my understanding that the price will now be part of the average. (I could be wrong and I am checking now)
* NOTE this has to do with the falling price of our stock. As of Friday, the market makers (short sellers) have been setting both their sell price and the buy prices for OUR STOCK. No one but me and another owner have sell prices set.
In the process our stock prices have been falling.
The thing that many may not know is that IF we refuse to buy their shares at "their price", they WILL have to buy OUR shares at OUR Prices. (which we can set much higher.)
What do you think happens?
Jose 5000 @ $100 LOL! Good going. LOL
Video: How the professional money manipulates the market.
This is how you maintain a price in a market where buyers are trying to push down the price. IF you can maintain, you can also increase the price by posting SELL BIDS!
www.thedaytrader.com.au.
All information strictly educational.
$6.50 - Ford, thank you! This is very close to what I was thinking. I am afraid that many of the STOCK OWNERS on this board do not understand the VALUE that we have here. We, The Owners of the stock are in charge of the prices that we want. We, not market makers should rule. It's our responsibility to make our profits for ourselves and our company.
$3.00+. Market Makers are dictating the price of our stock because we are letting them. Agree Ford!
My friend, a guy I got into EVIO, and I were just talking about this at lunch. Push it up guys! Moat of you don't even set a sell price. Set your sell prices high!
Congratulations StevenRisk!
New Lab(s) in Colorado! Great news Uncle Fester! Thanks!
EVIO Labs Executes Cannabis Testing License Agreement in Colorado
Bend, OR, Sept. 07, 2017 (GLOBE NEWSWIRE) -- EVIO, Inc. (OTCQB: SGBYD) a leading provider of cannabis testing and advisory services announced today that its cannabis testing division EVIO Labs has entered into an agreement to license its brand and cannabis technology in Colorado. Phytatech CO, LLC which has been a licensed testing company since 2014, will now operate under the EVIO Labs brand.
EVIO CEO Mr. William Waldrop stated, "As we continue our mission to become the industry’s largest cannabis testing company, with operations in California, Oregon, Massachusetts, and Florida, EVIO is honored to now offer its accredited testing services to Colorado. The State of Colorado has continued to be an advocate and leader in the cannabis industry, being the first state to offer retail cannabis products, and the first to develop and enforce testing requirements.”
Phytatech CO, LLC was founded in 2014, and has been an industry leader in Colorado as both a licensed medical and retail (adult use) testing provider, servicing licensed cultivators and manufacturers of infused products (“MIPs”).
Phytatech founder Robert Howland commented, “Since the beginning we have had the resources to build a strong foundation. As the industry continues to mature we felt it important to engage a company such as EVIO Labs who is committed to improving the standards within the industry and provide us the resources to broaden our reach to the entire cannabis community. From an operational perspective in the short term, this will have little change to our existing clients. Moreover, in partnership with EVIO we seek to expand our overall service offerings to help our clients improve the quality of their products to meet the continued growing demand of the industry.”
About EVIO
EVIO, Inc. is a life science company that provides accredited analytical testing services and scientific research to the regulated cannabis industry. The Company’s EVIO Labs division provides state-mandated ancillary services that don’t directly support the supply chain, but are in place to ensure the safety and quality of the nation's cannabis supply. Learn more at www.eviolabs.com. The company can be reached directly @ 1-888-544-EVIO.
Company can be reached directly @ 1-888-544-EVIO.
Safe Harbor Statement
Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Statements may contain certain forward-looking statements pertaining to future anticipated or projected plans, performance and developments, as well as other statements relating to future operations and results. Words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These forward-looking statements by their nature are estimates of future results only and involve substantial risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, our ability to complete our product testing and launch our product commercially, the acceptance of our product in the marketplace, the uncertainty of the laws and regulations relating to cannabis, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed from time to time in our reports filed with the Securities and Exchange Commission, available at www.sec.gov or www.eviolabs.com
They simply panicked because they don't understand what has happened. I suspect that some people thought that their stock value went up and sold thinking that they made a big profit.
Some panicked because they just found out about the reverse split and dumped the stock for fear that they would lose all of their cash.
Hopefully, they are now gone for good!
This is a soon to be valuable stock. It's up to US to keep the stock prices UP and rising!
Stock price imho is simply a question of supply and demand. IF you feel that the stock has VALUE then you ask a higher price to those who may want to buy it. The buyer has the choice of paying that price or passing.
Most of the time, the INCREASE in selling price will make BUYERS feel that the stock has value.
NOW ------ why are we STUCK at the same price from last week?
DO WE NOT VALUE THE STOCK PEOPLE???
THINK!
YOU make the stock price and create the perceived value! So do it already!
$30.00 would be great! LOL!!!!!
LOL @ Sink or Swim -- Thank you ALL-IN888 -- There it was right in front of me. Appreciate your help.
I am a newbie -- how do you see the bids that are accumulating? I have TD Ameritrade/Sink or Swim that I track with.
Thank you for the explanation. We like the ride but feel like the first time on the roller coaster. After a while it must feel more natural.
Can you please explain VNDM? I looked it up but still not sure how it applies. Did SGBY dilute? I am a newbie.
We have a little bit of SGBY and are wondering what is happening on Monday that will rocket it up.
We feel good about the company and, although there are unanswered questions, they have property and are looking ahead, not sitting on their hands.
As many here have said, with cannabis legalization on the rise throughout the country, there seems to be almost unlimited opportunity for a testing lab company.
Since we have never invested in cannabis stocks or any stocks at this low price, we need direction. Should we continue investing in SGBY? TRTC and HEMP seem to be good choices, too. What do you think of those companies? MJNA I am on the fence with.
Any direction or information about SGBY or the others would be so helpful.
What is happening on Monday that a SGBY gap is expected?
Thank you!
Thank you for the reply, Rolo. I see, so the gap describes how the chart will jump up without a gradual rise, leaving a gap. Makes sense. We see that SGBY will have a presence at the State of Marijuana conference on the Queen Mary on Monday/Tuesday. It is great to see them acquiring more labs but not sure how they are paying for them. The President lent the company $250K. Maybe that is the cash flow for acquisitions.
What is a 'gap up' and why on Monday?
What is happening on Monday?