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Saw some people nibbling yesterday hope it continues today. Have been holding a few shares might add if volume picks up.
Great company just dosent get much attention. Funny how people would rather buy into a dream than into a real hard working income producing company.
With 40k$ on the bid looks like it has more legs. Wish I had loaded some of those subpennies. Picked up some .02's today and with more strong trading I will add. Obviously not a pump and dump or at least not a one day thing.
I find that strange as well. Trading silently with huge bid support. Picked up a starter today hoping to find out a little more about company this weekend. Will be interesting to see if the action returns on Monday.
Really thought this one would create more interest. Im still certain its still onward and upward from here. Just might take awhile.
Been watching and holding this one for awhile. Looks to be getting really thin again. Maybe ready to start moving up.
Good to see vert collecting on the bid. May not be a lot of action on the ask but the fact mm's pushing the bid and collecting shares is a really good sign.
hoping to see a .05 break and hold today. With current SS things could get dicey really fast. An announcement on some good opening sales numbers could really get this moving.
Really surprised this isnt getting more attention. Im not sure what more you could ask for in a penny stock. Wouldnt be surprised to see some heavy action in the very near future.
Someone pushing the bid a little bit this morning. Looks like things are starting to pick up.
The guy hasnt posted on any board in over three years. This stock coming back to life has rattled his cage for some reason. I just want to know the reason this is upsetting him so much. My best guess is he wants in cheap or he sold a sht load in the sub pennies and is just pissed off at his bad decision.
So I see this is your first post on any board in three years and you post here to tell us our stock is not worth anything. Do you have a reason?
Someone buys a few everyday and its starting to get really really thin. Could go ballistic with any real volume.
Thought we might see some volume this week nothing so far.
If something was wrong there would be more than 650 dollars worth of stock for sell.
I watched the action on Monday and most of the blocks were at or below bid. Looked like mms moving shares around more than it did retail buying or selling. Was very strange action.
Nite now tipping his hand 60k on ask
A lot of big blocks on Monday and more today. Something cooking.
Any volume and this could break huge. Im surprised not more action.
I guess that collecting more shares under a .01 just isnt going to happen.
I got 52k shares today and had a hard time getting those. Im a small player but would like another 50k under .01 if I can get them. If the big dogs get ahold of this and start trying to buy 100k blocks this thing will jump so fast nobody going to get any cheapies.
Im hoping for a morning dip myself but looking at the chart and volume over the last year dont think there will be many shares for sell. I would take anything around .005 .006 range and be thankful but doubt if I will be able to get any. Shares are tight maybe too tight for most people to even play without further news. On the plus side those who get in under .01 could make a fortune with the current SS>
Someone sure is soaking up a lot of shares hope it a sign that something is about to happen this is a dark hole in my portfolio.
Good day today. Look for more accumulation over the next few trading sessions and then a nice pop. One things for sure nobody is pumping it. Hell no one is even posting.
looks like with a little volume this could pop big time
If they keep share structure low could go much higher. Going through these things is a pain in the a@@. Once its done they will have no liquidity and you can expect a huge spread and little action the first month or so. Its definitely going to be a long term play to get your bang for the buck.
Im not leaving anything out. I know they are making money and still hold a lot of shares but the truth is if they do merge the reverse will be done. They are not going to give you cheap shares to their multi million dollar company. The question is what will fair value be after the merger and rs. Right now the market is offering you shares at .60 Is that still a bargain. How many shares they issue post reverse is key.
Basically you are paying .60 a share right here. The question is if the company will be worth that after merger.
your right so at the current outstanding we will be at 800k market cap. Im sure the outstanding will grow and how fast and much it grows will be the real key to future value.
Okay correct me if im wrong here but isnt the outstanding around 40 million. That would mean outstanding would be 2 million after split. That means if the price dropped to .02 we would be .20 after the split giving us a market cap of 400k. Is that right 400k mkt cap on a company making over 30 million. That would be a very attractive buy in my book. I screw these things up all the time so dont feel bad about correcting me if my numbers are wrong.
I agree. This isnt about selling shares. This is a legitimate merger. Most people get use to the bs mergers in pinky land and rarely see a real one. A big company moving into a sub nickel shell 90% of the time is going to do a reverse split. They dont wont people who spent 1500 dollars to own a 100K shares of their 30 million dollar company plus more people buying in for a nickel. The bad is that its going to take more patience now to make good money because the morons will sell all their shares tomorrow for nothing and the stock will be tainted until we get a stream of good news. Sucks but thats the way it is. We will suffer short term but if the company and management team are good you will still make money down the road. I own a lot of shares here and a lot were loaded in the .03-.04 range and tomorrow is going to sting but im riding it out.
Every legit reverse merger I have been in has had a reverse split after closing. Now when I say legit I mean a money making real company that has a future. Now you have a lot of pump and dumps that do reverse mergers into some bull sht company just to try and sell shares and then after selling gazillion shares they do the reverse split but when they do a reverse split right after closing they know that its gonna be awhile before they can sell shares because you have no liquidity. The last legit one I was in closed at .10 did a 1/10 reverse opened up at .25 x 1.50 and stayed that way for a few months. So not a lot of people are going to buy into a spread like that. It did have a happy ending. After a few quarters of good earnings I was able to sell for over three dollars.
The good: this is a real merger with a real future with possible higher exchange aspirations.
The bad: your not going to get a twenty bagger over night and your probably going to get beat up in the short term. Best move put it on the back burner and see where it goes in 6-12 months. What most people will do is get run over running for the door.
I have no idea. Im sure not pumping it. I have a few shares and had it up on level two when I saw a 2million share transaction at .005 go through. Thats 10K dollars. Thought something might be brewing.
Moving a bunch of shares around something going on.............hope its something good.
Seems everyday is the same lately selling in the morning and buying in the afternoon. Would be nice to start off strong one morning.
Its sure not giving me any confidence watching the selling last few days. Im just going to ride it out and see whats on the over end. Ive seen a lot of huge runs start with a down trend right before the explosion.
Thing about the stock market more disappointing days than good days. It can ware you out sometimes. Hopefully next week the suspense will be over.
I think you misunderstood me I havnt been dumping I added 200K yesterday to average down. Most of mine were bought over a .01 many years ago. Im just saying that most of the selling your seeing is probably from old shareholders that might not even know whats going on.
I think your going to have some old shareholders who will be selling into the rally. Once they are cleared its going to move fast. I have owned this stock since the Banjo Minnow info commercial days. Glad to see they have made a more productive move.
Sure was hoping for a little buying this morning. Had high hopes for a breakout this week.