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.
As you said billions sold @ .0001 --- 1 billion = $100,000 USD
There are either a whole bunch of tiny small account gamblers chipping away at those .0001s or some firm is loading in order to run it up. Then everyone will cash out and lenders will dump it right back down to .0001 - which I certainly expect after a run is made.
However if they end up announcing a reverse split like you presume, then yes, it'll be $5000 down the drain.
Until my TD Ameritrade account says me $5000 GAWK investment is zero I'm all good. Until then it's just a matter of staying patient. Stock closed @ .0002 so I just YAWN and move on lol.
It had to be done. I'm in the exact same position money wise, so what do I care if the A/S increased. Either the selling stops and the price appreciates or it continues indefinitely as you suspect and I write it off for a loss.
Looks better every day. Still holding my 25M .0002s - don't plan on adding anymore though in case stock barber is right. Looks like dilution is letting up though.
Someone stacking the ASK and accumulating all those .0001s has been very evident. Not sure about that stock manipulation comment - this happens all the time in OTC. Standard practice before any run is made.
I'm in no rush here holding for a run or writing off for a loss at year end. Either way I'm good.
My approach to bios is very simple: Hit it and quit it. Never hold it.
For all the reasons you just mentioned.
Thanks stockbarber - due to your bearish comments I refrained from committing more money. Guess I'll have to wait to write off this loss for next years taxes.
If anyone plans on suing please inform me.
Lol well I do like gambling :)
Guess time will tell. Either way I'm here until BK or big money.
I believe it's in the lenders interest to pump the price, so they can eventually sell it back down to our current price again. Just have to wait on the play.
My PT is .002 - unless GAWK keeps improving its rev stream. Then I'll hold for more.
All I have is time, and I'm buying at the 52 week low. Company has been pumped and dumped before when it was in worse financial position. Now that it is in the strongest financial position it has ever been in its history - I like my odds of making big money this year.
I'm just waiting to see if .0001 can be broken before I look to add more. Holding 45M @ .0002 thus far :)
Did any retail investor manage to grab .0001s - please message me if you did. Thank you.
Then why are people loading .0001 and .0002 as you keep pointing out?
Did you?
Did anyone get those .0001s today?
Your joke about the chart being beautiful followed by run away real fast. I just read it and found it funny.
Hahaha pretty funny actually.
Has anyone been able to get .0001 bids filled or partial fill last two weeks? I haven't been able to.
Holding 40M @ .0002 - slow and steady accumulation.
GAWK - Recent News - 2/28/2017
http://smallcapexclusive.com/gawk-inc-otcmktsgawk-receives-new-7m-investment/
Solid summary of their accomplishments thus far in 2017, but always do your own DD. Cheers.
Recent News Article - 02/28/2017 - http://smallcapexclusive.com/gawk-inc-otcmktsgawk-receives-new-7m-investment/
Solid summary of GAWK's moves made thus far in 2017.
Management has followed through on everything they have set to accomplish thus far in 2017. Boosted revs, secured better financing sources, renegotiated toxic debt with lenders, and became cash flow + for the first time in their history last quarter.
Haven't found a sub-penny trading @ .0002 with 7M in revs and a cash flow + Quarter in my history of trading. Obviously everyone's main concern is dilution with lenders converting preferred shares which is a risk, but CEO has addressed that and made efforts to prevent it, so share price can appreciate as stated in recent PRs.
Currently holding 25M shares @ .0002 and likely adding more as long as I see continued progression this year.
From Nov. 8th to Jan. 17th they had zero press releases, but still sat @ 0.0002 - how do you explain that? Pretty clear the bids were still there even with no news.
Then why hasn't anyone filled those 0.0001 BID orders? They've been around for months. It's clear that the downtrend has stopped and that the company has followed through on all 2017 guidance thus far.
You should probably remove "repeat" from your statement b/c it clearly implies price appreciation before it gets washed back down again.
Well based on your wash, rinse, repeat theory - seems like you'd want to load here @ .0002 and sell @ .001 ... very clear no one sells into the .0001 bids so any repeat would be very profitable for me.
GAWK - literally worth 0.002 based on their 7M revs and current O/S but trading at .0002 right now. Recent agreement with lenders not to convert additional shares. Easy 10 Bagger.
GAWK - 7M in revs, just received 7M in additional financing, became cash flow + last Q. -- .0002s have been getting eaten up for weeks. Soon only .0003s left to buy. Get in on the ground floor and read their PRs this year.
Yup holding 25M @ .0002
I entered @ .001 and sold @ .0009 today. Going to wait it out - if Trump stands firm on his anti-MJ campaign, then we're screwed. He's clearly not afraid to deport illegal immigrants, even in sanctuary cities, so raiding recreational MJ businesses will be no sweat for the Feds.
Trump and Sessions need to stay in their lane and not mess with my state's decision to profit off of MJ. I thought those clowns got elected, so big government would NOT interfere with business.
Where in the 10Q does it state that 1 series C = 1B shares or that they were purchased for 1M? I don't see that anywhere.
.0002 x 10B shares outstanding (which technically they could authorize even though they said they wouldn't, but we'll say they do) = $2M Market Cap
So even fully diluted, they are significantly undervalued. What's your calculation?
.0002 x 3B shares outstanding (rounded up) = $600,000 Market Cap. Aka they are significantly undervalued. What is your calculation?
Agreed risk/reward is very favorable.
Agreed 7M in revs last year, cash flow + last Q, working on share restructure, and anticipate increase in revs for 2017. Market cap is currently 0.26M - i like investing in undervalued companies with increasing revenue streams.
Picked up my first 10M @ .0002 :)
Hahaha hope so - would love some trips.
We did very well.
Yeah I watch this closely. If buying pressure returns, then I'll gladly jump back in. For now, trade safe and secure profits now that the bears took control past 2 days.
In @ .00145 and sold @ .0022 - going to wait this dump out.