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Looks like everyone has caught on that when the stk price gets low they run a bunch of TV ads on the FOX businews channel and the stk pops. Saw several Ads over the last few days but they seemed to have no effect anymore. The're going to have to figure another way to pump it.
I used to own 5k of ABWN, but after watching it pop on a regular basis after each and every TV commercial then drop the next few months, I got the clue. The model seems like a great idea that captures attention, but the head picture I get is of a company being run by either 3 or 4 people who are either amatures working out of a small unkept office or real pros who know how to pump something thru bonafide business TV Ad expenses and having a good living. Not a stretch to me to wonder if they are able to make deposits to their accounts cuz they know when the next TV ad pop is coming since they buy the TV ads with company cash. And we all see the pop then watch the month or two long trickle down in price. And now, it looks like rather than leasing, renting, or having some sort of access to two Boeing 757s for testing that they used to have, they are now using what looks like to me, some cheap Cessna recip airplanes. Maybe low altitude recip test bed aircraft are all they need for these specific tests but I'm very sceptical. If this is such a good business idea, you would think that maybe the likes of a company like Google might jump all over it rather than go thru the extreemly difficult process of stratospheric balloons in geo-syncronous orbits. Just clearing all that with all the different countries regulatory and military organizations boggles the mind if you know anything about getting regulatory clearances. I hope this turns out well for everybody but I'm staying tuned to the TV program "American Greed" for businesses I've been familiar with
Barely back to even and I'm out of this one. Should of gotten out yesterday, or the day before or the day before or the day before or the day before. My GROW,MARA,DPW are doing well. This one sux
And we are blessed with yet another buying opportunity. How many more buying opportunities can you afford?
Yea Iknow all about the asshole. Murdered his neighbor and I listened to the interview of the victim's Dad.Don't know why the jerk still breaths. Thought for sure the Dad would do him in. J Mac sounds unstable whenever he is interviewed too. I just jump into these things trying to get ahead of the flash mob investors. Got in here about 2.5 and after selling the pop near the hi, I got back in lower but not low enough. should have stayed away.
Oh wait, now its turning up...OK great....10 by EOD for sure !!!!
This is a joke. Can't even get a pop unless its down. MM and daytraders playing investors like suckers everyday cuz this is not a serious company, just a place where wanna be millionairs with $1,000 or less in capital fantisize they can make it big and retire at 30 from their shitty jobs. This is going back to 60 cents. Lost most of my profit thinking this company had something worth more than $2, but looks like $0.60 is what its value really is.
Just too many stops by shorts and long orders of breakout traders just sitting there above 4.8 for the MM not to run it up there today or tomorrow
BC surges while MGTI and nearly all miners under $5 are mostly down or up unimpressively relative to BC rise. Otta tellU something about these stks. I think I have more computers then thay do.
Made a bundle on MGTI with 4,000 shares when it went from $2.6 where I got in, to then run up to nearly $8 where I got out around $7.6 Now I'm back in with profits only in several small miners that are doing nothing while BC surges. There is no more interest in these little flashes in the pan. I agree that MGTI is a J Mac scam but if you are the first to sit down when the music stops you can win big with these penny things. It's not investing it's just gambling on the first bit of news, then its a flash mob rush to buy. Most are pump n dump things, but you gotta be the first on your block to get in low.I doubt that this will go anywhere much passed the high of about $5.5.I believe J Mac did murder his neighbor after listening to the victims father and the puzzle pieces fit here.
J Mac a scammer you say? Really? Oh man,say it ain't so, please Mr.Bill say it ain't so. Guess I'll have to create my own website and post pix of my 3 computers with the cases off and a bunch of wires all over the place and call my site "XYZ***** Blockchain" and offer a bunch of 25 cent stock for a few weeks then shut down and dissapear, cuz this stock is only going south.
Going to 10, ah wait, no going to 25, uh no wait going to 100 by June.So many geniuses, and so few characters to define them with. Plain and simple, this is Flash Mob investing. See something cool on FB or other social media and jump in it early then sell the pop, and you do well. Stay toolong and lose half your little pileof capital with everyone of these. These penny miners have had their flash in their respective pans.Remarkable if they hold around 4-5 a while B 4 pennies again. So where is the next sexy penny thing? We had cool penny biotechs fizzle, Pot stocks run and fizzle, crypto miners fizzle,alternative energy penny stks fizzle,so where now?
MARA, GROW, DPW all following BC up but not MGTI cuz longs got screwed on the last run up.
Yup,and there goes BC over $15,000 but what is MGTI doing.... nothing cuz the MM and big traders just cut the confidence of everyone other long when they pulled the rug out on the last run up to $5.39
Even if there was a good reason to go long MGTI, who would trust this to hold the gains of another run up? Traders who sold off and the MM just ruined this stock as a trade cuz new longs that watched what just happenesd expect the music to stop with no chairs left if they buy in on another run up. So I'll buy in with another 5,000 shares BUT you go first. I promise I'll follow you.
Look at that,,,,,just look at that.This MM is making so much $ screwing traders, or a big player or insider might be doing it. I haven't seen a stock worked this obviously to play the participants since the Dot.com scams. One trader in with 41,000 shares at 5.36 just got ripped for more than $5,000. Probably a daytrader too but not very good. Now what idiot is going to chase this stock next time when it runs up after watching it get run right backdown? No one has faith in this anymore
Sold my 7,000 on the pop yesterday near the hi. Thought about trading it again but there is no real interest in this as I see it stall like an airplane at full power standing on it's tail. Time to kick in full rudder and watch the nose fall thru the horizon. If you think about it, a 5000 share lot is just a bit over 6 grand. Chump change to serious investors. Going to take a long time to play out while the execs keep trying to pop this stock however they can to survive till they accomplish something significant. Instead of the huge expense of high altitude geosyncronous balloons that Google is doing, you'd think Google would have at least a tad bit of interest what ABWN is doing if they thought there was anything to it. But what does a company like Google know , right? I might re-enter lower, but a lot lower
Looks like even the TV ads don't work anymore. Down > 21% so far. If this idea gets develpoed into something ever, it won't be with this bunch of amatures
Down 15% a day. Wow! Truely a pink sheet company. At this rate it'll be $0.07 in days. Maybe even bankrupt like my last one I owned like this.... a great idea but with amatures running it. Looking like $0.50 by the end of the day. Come on head shed, salvage this or get lost! Hope it gets delisted. Doubt it gets to the airplkane test. Bankrupt first is what its looking like. Can't even get capital from stock offerings cuz at $.07 per share they'll neeed a trillion shares out there.
Oh well what's another $2,000 loss............a normal day here
About another week and 90 more cents and it will be at my expected $0.07 bottom. And folks were really talking about averaging down? What a buying opportunity! Really? Who would be so foolish as to average down now just because it is lower than yesterday, and last week. Hell Ray Charles can see it's in a down trend! How about waiting for it to stop falling and stablize a while. I guarantee you won't miss a big rip upward. There's lots and lots of time for a bottom to set in.Sorry to say I don't expect anything in the double digits to be a bottom. I hope the companies that are providing services for a stake and the directors really feel the squeeze bad enough to do somthing besides smoke the hopium.
After huge a 75%+ drop and big price decline it's time to say "Oh this is a long term investment and a buying opportunity" as I'm sure most of us did at 3, 2, 1.8 1.2, 1.1 and an even better one now that its heading towards single digits for sure. And as I now read recent posts thats exactly what is being said. Yup add more! Average down to zero is zero. Anyone consider that the companies that are doing work for ABWN in exchange for stock may be desperate for work and not really in it because of faith and vision but rather to keep employees honed and busy? I don't know, but it's just a thought as this thing looks to go into pink sheets and $0.07 soon. I've seen it all before and hope I'm wrong. If the 20 plane tests doesn't bump it up it's toast. If mgt begins putting off the 20 plane test it's toast! Glad I'm not the only silly ass fool!
This is my gambling stk. Lost over 75% on this loser which puts me in same camp...loser!20 years ago had another one where everyone on the board including the CEO kept chirping about long term, and future being bright. Like most of these dreamer stocks that struggle to stay above pennys, it went to zero. Doubt this is any different. It makes money for the execs that put this together as a retirement project and they can print and sell shares like the gov prints money then after a while they're gone and the idea evaporates.I like many here saw their TV ads and thought "what a great idea" yea well so is growing a body double, but research can only go so far when you have to pay a little known company stock instead of cash to develope your idea. It was probably the only company to be willing to accept stock instead of cash and desperate for work themselves. Fortunately I can lose $20k but most young and mid-aged aspireing investors can't. In the end it's our responsibility to consider what it takes to develope and impliment a good idea. These folks look like they can only get funding for their idea by frothing up investors with visions of buying a penny stock that turns into a TESLA. Good luck with that. I'm just looking to recover something on the big news event that brings around other suckers like I was who will buy my 7K shares on a pop. Sorry to put it that way, but I thinks its the reality. Notice that the price can't hold a gain and little run ups are made with tiny trades. Don't be seeing what you like to see, see what it is...Good luck
Pay check for the board members that is
Time to juice the stock with another TV ad. Its Fri and need to cash in a pay check with something
yea so was Hartcourt when they went bankrupt and lost everyones investment. Its not necessarily a negative statement its just fact. Sorry if it's disturbing you feelings but we have to recognise things as they are
Most deniers will say its a buying opportunity but a realist will tell you it's a 50/50 gamble. If you buy in, sell every pop. This is a group that got an idea just past the "working out of the garage stage" IMO
used to
Yea, I agree. Just a crap shoot, and if u can afford to throw away $2-3 K at $1/ share it's probably an OK risk reward crap shoot. As an investment expected to grow thru the year, it's not.
Having managed 1 billion of funds in Iraq is not something to brag about since a large percentage of the funds still remains un-accounted for and accusations of fraud are still rampant. Didn't need to bring those doubts here. I would not be surprised if ABWN dribbled to pennies then to 0. The last time I was in a penny stock like this (and this is a penny stock like it or not) it got de-listed and went to the pink sheets then to $0.00. It was a stock called Hartcourt, with a great technology of cell phones acting as mini cell towers regenerating signals from phone to phone. Great idea, but it never materialized and funds dried up. Then, investors became like the political left is now and could not accept the reality that after it spiked above $10, it eventually dribbled down to pennies, then eventually 0. I have a lot invested here in ABWN at $3 and lost more than half so I'm not happy especially when I see it on the very same path as my previous penny stock that was a fairy tale. Hardly a difference in the story. I sure hope this one is different, but it’s not looking like it.And if it was a steal at $2.00 how much better was it at $1.82, then $1.60, then yesterday at 1.30 and folks thought they were geniuses. And now $1.15. It'll take 6 months at least to get back to 2 but I see it at pennies first then 0 before it ever again breaks above $1.5. Unfortunately I think it's a fairy tale and > a $30k loss so far
This broke support levels. Drip drip drip.... single digits.... then gone IMO. Every once in a while a but of chum like a TV ad will be thrown in the water to froth things up a bit or to allow some holders to sell some shares and get paid but in 2 years all I see is the same talk talk talk except at gradually lower levels then gone like a ship in the Bering sea. Then after a frenzy of investors' questions, ugly facts may begin to appear much like the bits of floating debris from the sunken ship that eventually makes it to the surface. I hate to say all this but I have actually been burned by the very same scenario on an OTC cell tech stock in the 90s that this one appears to be following. Next chart support is around $1.10. Sure hope I'm wrong but gone thru $10k so far believing in this one.Just saw 10,000 shares selling off.
This used to hold 2.75 a while then it drifted to around 2.20 for a long time then drifted to 2. Now look. Really it looks like it's going no where and a few guys scraping together some funding working out of their garage and some funds for a few aircraft leases. Sure suckered me in. And a few teases of business network TV ads, and a news story here and there is all that keeps this afloat IMO. Wish it wasn't looking that way, but below here it's back to double digits and poof! Cost me over $11K so far and very frustrated there has been NO upward movement. Been here before with companies like this only to have them go bust. I hope I'm wrong cuz I'm still in for now.
Yea me too. It's liable to take a run above 3 again but when it does I think folks might take it as an opportunity to sell it to recover earlier losses. If it can get through a bit of that it might be OK. I'd love to show up at the office in CA and see a flury of activity by a bunch of well dressed professional sounding folks, but I have another vision of an empty room with yellowing white paint and scratched up walls, with a stained carpeted floor littered with a bit of shoe debris and small pieces of torn paper, an old abandoned printer with a paper jam next to an empty scratched up desk made of compressed cardboard from Nokia. It's just the dicotomy of head pictures I get. Hope its closer to the first description surrounding a blossoming idea of a revolutionary way to spread high speed broadband to a phone even in a remote jungle location.
Could go to $0.10 before > $2. Doesn't have to trade sideways at 2. Doubt one airline will even be offered a contract till all the other connectivity arrangements have been explored and set up like shipping companies, sea bed cable operators, ISPs. They are all supposed to be integrated to make this work. This is just the forward of the book. Could stay on pink sheets for years then go bankrupt then get reserected. That's how the last great idea that never materialized happend for me. I see this one as a 50/50 risk.Hope I'm wrong but the only time I see a pop is when they do commercials and alert folks get the idea, but at this stage its not much more than that I think. Again, I hope I'm wrong and they get the attention of others, but if that was the case why then is Google spending so much money on high tech very complicated and difficult to control ultra high altitude ballons and not at least exploring ABWN's idea which seems on the surface to be so much better? Got a bunch riding on this but its a gamble
Jesus, there it goes. Someone bailed at all cost on their $5,000 holding and took it from 1.80 down to 1.68. I get bailing, but it looked like an amature wuith a market order.
Don't thinks so. Typically the company issues stock then holds a large % of stock issued in their tresury account. That's what is used to pay execs or issue options against
Because they need to see, among other things whether or not there is any interference with the avionics,radar, HF,VHF radio frequencies etc. It's not about simply raising a signal a few hundred feet above the ground just to let the signal fly, it's about getting up into controlled airspace where trillions of electronic signals are all around being generated and bounced. Then the biggest part of testing to get it up to high altitude where signals can get sent way over the horizon. A piper cub as you call them and most light aircraft fly well below 10,000'If I remember right at ground level you can't see past about 7 miles due to the curvature of the earth. These signals are line of sight; they don't curve around the earth and follow the curvature so when you can get up to 41,000' the added distance to the signal can be in the thousands of miles more, and that is the main objective is to get these signals sent farther than can be done on or near the earth's surface. Then imagine how much farther yet two aircraft can send and repeat a signal if they were both at high altitude and a thousand miles away from one another. That signal could travel maybe a quarter way around the earth. Really it's just simple high school physics
Well there it is down steeply . Now everyone can buy all they want. I'm already in the tank over $7k I'll just watch while I start snapping a box of new pencils one at a time
Closed at or near it's low of the day 14 out of the last 16 trading days so far. A sign of a very weak stock, or going through a very weak period for sure!
They need a catalyst to get this off center. In the mean time hope they do a few more TV ads so I can trim my holdings. Been here before years ago with one that had a great model but waited and waited then finall after popping from $2 to $10 I tried to sell out but floor trader never executed my order. For an hour and a half trades got filled above and below my $10 ask. Big trades and small trade all filled all around my order. After I finally somehow I got through to the floor and they really got hacked off that I was able to get through to them on the floor I ended up getting filled at a loss below $2. Documented it all and went to the SEC only to be placed in front of a hoops to jump through and a mountain of paperwork to climb, despite the best records imaginable including screen shots of live trading and voice recordings. I gave up and took the 2k loss only later to read some guy's post on how he got his order filled on 10k shares trading around $10 but got filled below $2. That was my order. The company was called Hartcourt. It went bankrupt shortly after. ABWN reminds me of Hartcourt.
Thanks for the information. Hard to find boards with people having real info not just retail traders talking about their trades thinking the whole world hangs on their every post. I've spoken with IR before as well and find them very pleasant and informative. Thanks again