Finding the Next Runner.....
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rumor is upzs is Short Squeezed next alert
Could be that unexpected catalyst, See you never know, Sometimes it's better to have a position than not, More volume could arrive next week, Right now i'm just hoping the beer traders will fill my .0002's.
Well 3rd day now they still havent filled my .0002's, so not sure where those .0002's are going but its not to my account not saying that they wont fill em but they havent as of yet.
There is still interest in this stock, they're just not posting on the board, but its out there, Let's see if this accumulation can begin so we get this thing started back up and we all shine together.
.0002, .0001 or a No bid, it doesnt matter if you're trading the strategy, Why, You know the difference between a no bid stock, a stock at .0001 and a stock at .0002, Nothing. This of course depends that the company doesn't do anything messed up to the shareholders but consider this.
If it's even a No bid stock you still have to pay .0001 for it, so in order to profit it still has to go to .0002, whereas if you take a starter at .0002 and it drops to .0001 or no bid you still have to pay .0001 then you take a real position and you will still profit 50% if it hits .0002 or more depending on the size of the position you grab from .0002.
That's why i say, some traders interested in this stock will take a position at .0002 just in case if an unexpected catalyst were to come at least they have a position and then they bid like crazy on the .0001's lowering their average and will profit.
Exactly, my opinion, traders are still skeptical because the .0003's usually get dumped on, my opinion is its best for all of the the dilution to dump and finish now even if it has to hit .0001's so it can go under accumulation so then when it starts to make a move they cant dump shares into the run or when it ticks up and starts its next leg, only thing then is just slowing weeding out those flippers because by that time .0001's and .0002's will eventually be gone not to return until after its made a run.
Now there is a trader thats been there before, problem is they flipped and trying to get back .0001's, but i said it before only chance they have is if a massive sell-off with those forward split shares but even then they quickly be absorbed, the only other factor is off the company doesn't do anything jacked up, other than that it's a play....
He will figure it out, may take some time. Can't play a player...
If you're looking for fundamentals, revenue and long term investments, Don't trade stocks on the otc, because you will be disappointed if you can find one real company i will be surprised, I've seen garbage stocks run 2,000% to 9,000%. If you can find one in the trips or subs thats waiting to be uplisted and headed to the nasdaq, let me know. Nasdaq stocks dont run 2,000% in 2 or 3 weeks. This here is the pinks, high risk.
Don't be so gullible, it was .0001 when i arrived remember and it hasn't hit it since, not saying it can't because of those extra shares, but i also know of others awaiting if it does, Don't worry that bid at .0001 will let you know again.
So i should get my .0001's filled then, you're saying, well let's see if i can.
So do others....
Agree, main problem is there is too much interest here, nobody willing to pay for .0003's, will settle for some .0002's and i don't see .0001's ever getting filled right now with this kind of interest, still got my gtc orders in though.
3rd day still can't get .0002's, but would love some .0001's, When do you think it will dip today.
Maybe friday afternoon's beer flippers will give us a chance to grab a few, we'll see.
Just seeing if anyone else had that problem, Had order in past 2 days to add to my position at .0002 but no luck as of yet.
Said before i believe this is the price right now traders are willing to pay or to take a starter position at because they seem to dump on the .0003's and the .0001's will probably be impossible, which is what happened the other day when that 670 million bid at .0001 popped up, so this range at .0002 could be the accumulation range for now depending on the outcome of the forward split shares now if they would just let them fill.
Has anyone gotten any .0002's filled past 2 days.
Then i should get my 50 million gtc order at .0001 filled
.0003's will get dumped on every time until dilution is finished and any time its gets any heavy volume, this could take a while > http://investorshub.advfn.com/boards/read_msg.aspx?message_id=126066079
Short interest - http://otcshortreport.com/?index=ORRV&action=view
I'm already positioned at .0002 but would add a few more, if no fills I'll just wait my turn.
Traders like me want shares they still haven't filled my order(s).
There's some .0002's, Strange how that works...
I wouldn't exactly say never, this is pennyland, most anything can happen, its all risky.
Here we are in the churning phase at .0002 until the next catalyst comes, Traders don't want to pay more than .0002 right now because they are skeptical they will get dumped or diluted on, they know .0001's is probably not going to happen as the 670 million bid at .0001 showed you that yesterday and everybody would grab the .0001's but they are willing to settle for fils at .0002's but skeptical of .0003's at this point until accumulation allows or that next catalyst comes along, but if .0002's would fill we could start accumulation for the next leg up.
This process usually takes time for other stock tickers, but with this being an mj stock, this should shorten the normal process.
Bids in at .0001 and at .0002's with a starter already at .0002.
Better Dump before the volume comes > http://otcshortreport.com/?index=MRNJ&action=view
Peeps is wanting those .0002's now because they know .0001's wont come, forward split or not it doesn't matter, too much interest in it now. It's going past .001 just takes patience.
Little slow this morning, Where is everyone.
Very good point, still think this one can make a climb after the dilution ends.
Not exactly true, there are some trips that runs to the subs... And recently most of them thats made nice runs are marijuana related.
Just to name a couple look at VN*H, UA*M and ER*B which has 7.75 Billion shares and is .0043.
Odd are this one will run after accumulation takes place.
I figured last week when i said a group would want to get in to load before the run once the stock came back down to where they can start loading and accumulate just didn't think it would be that fast for the major dip but those bids at .0001 definitely shows you that there are buyers below .0002 and buyers at .0002, think those that had the .0001's earlier before this past little stair step clim and flipped may be hard pressed to get them back now from the whispers i'm hearing, because everyone now would have grabbed .0001's we should see accumulation in this range now until it starts its next leg up, may be a good thing that they brought it down, because they will probably try to push it now before the election.
After the whisper, i had to grab a starter again. Thought why didnt you tell me that before i sold. Anyway lets see if accumulation takes place now.
That 670 million bid on .0001's this morning should let traders know the interest is still here.
Good volume today though. But it needs to continue.
Nice volume today.
Exactly, agree with that, but you know pumpers will pump any stocks especially mj stocks so this will get attention again at some point in my opinion.
Doesn't matter if they release a mind blowing pr, the share count now will allow traders to get in at .0002's most anytime. Again this stock is better off finishing all the dilution at .0001s so accumulation can begin, otherwise it could be weeks.
Now here is the process thats going to take a while, traders now see the dumping and wont pay .0002's and everyone will want .0001's so until they let .0001's get filled this could take time becuase .0002's will get dumped on everytime now until all the dilution is done.
Had to sell my .0002's and get out flat, Won't pay anything above .0001 now unless it's finished diluting because .0002's will get dumped on.
To everyone, If you don't mind please post if happen you get .0001's filled.
Accumulation only at .0001's will be the goal here now and later should eventually get the party started again if .0001's can get filled otherwise it's a slow dumping game at .0002's until its eventually drained or unless the company does something outlandish.
And there is your bid on .0001's
Forward splits, yes is a form of dilution, it adds shares the count which is the reason why they decided not to do a reverse split this year they figured they would dilute instead.
.0001's could eventually come on bid but accumulation starts for some traders at .0002.