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I'm guessing people are expecting a dip out of the gate if no news hits?
My prediction: no news tomorrow in the stock crashes back into the as people panic, PR is released after hours and then goes crazy on Thursday.
Question for those who have been around longer than I have...
If all goes according to plan, what do you think the PPS will be come January/February?
What are the major catalysts we are waiting for?
Thanks!
Is there any hope for a recovery back to 2/3/4?
VNDM on the ask.........
Any chance of a PR coming out today?
Better report them to the SEC since this was stated in the financials! Can't have a company stating in an official documents they have miners when someone on ihub is saying it's false!
As I had warned before the timer went off, it was simply a drag and drop plugin from their website building software. It was a placeholder that expired 30 days after it was 'lauched' because that's what the default was set to, nothing more.
Pretty sure whatever happened here was caused by this:
https://twitter.com/SERVICETEAMINC/status/938112202418151424
No Q3 which were coming "soon" a month ago, no update on the purchase that was supposed to take 10 days max to arrive (19 days ago)... I may dump 1/2 my position at 2 today.
Really can't take these unfulfilled promises.
Do you have a source for these rumors?
Traders would use the codes pre-internet. They are sort of unnecessary with all the forms of instant communication nowadays (this is just what I gathered from what I have read).
Ok, people need to calm down about this timer. What it looks like is simply a plugin that is included in a website builder. They probably dragged and dropped it in as a placeholder then forgot about it.
The timer means nothing.
Q3 financials on the other hand, THOSE would mean something.
Those bitcoin machines should be arriving end of this week or early next week. If I don't see any proof by the end of the month, I am out.
Also, where are the Q3s???
Simple really, everyone who bought in at 1 want to double their money. This stock isn't really bringing in any new buyers at the moment, hence the low volume, big ask.
VERY nice to see the plan laid out with some timeframes. Looks like merger may be later than we thought, perhaps Q2 next year, though.
I suppose if Q3s come out today or tomorrow it will go a long way to change my thinking.
Trying to stay positive, but is anyone else growing tired of this "EOW" stuff?
With those tweets today, as early as they were, I don't expect any news whatsoever until next week.
Back up to 1,677 followers on Twitter. Seems like a strange pattern over the last two days. It was just over 1700, then went down to 1200 or so, now back up to almost 1700.
Makes sense. Even OTC has 5.5bil O/S as of 11/1. TDA must pull it every couple weeks or so.
Forgive my noobie-ness, but what accounts for difference I see on TD Ameritrade: 5.5bil O/S and the number from the TA: 6+bil O/S?
560mil in buys / 410mil in sells
...not too bad
Either some big news is coming today or our CEO took a bad day to step away from his Twitter.
No news = bad news in my opinion. At least put a quick note out there about going current!
Great news to wake up to this morning! We are current!
........but what about Q3s?
23:59 on 11/1 (tomorrow)
New Twitter Link: https://mobile.twitter.com/santo_io
Most pro traders aren’t going to hope volume stays high throughout a run. They make safe plays and sell along the way. That way, when it gets to the top, they aren’t trying to dump tens of millions of shares.
If SANP ever gets to $1, imagine you, me, and a hundred others trying to sell at once. No way the stock could support that volume AND stay at a high price.
Hope you are right! I am not buying much, but every share counts and I would love to add at any point below .005.
Who wants to give me a prediction for Wednesday’s price? (That’s when my funds clear so I can add to my position! :)
FINAL Update kind of makes me think that the merger won't be happening and they will be laying it to rest.
The "1st and 10" comment probably means it's the start of their new, separate "Bitcoin company".
From what I have learned, a “fake ask” is meant to scare people into buying into it and thus keep the price down. The person doing it doesn’t really want to sell all of his/her shares, and if momentum starts building and the ask starts getting slapped hard, the “ fake asker” takes the order down to avoid selling shares too low.
Meeting with his attorney today smells of a deal on paper that needs vetting by a lawyer before signing.
Anyone else perk up when they read "investment firm" in the newest tweet?
The completion of all 100 will be done by Q1 2018.
The first units start arriving in 30-45 days.
Maybe the CTO wasn't the "bitcoin update", yesterday's news was.
Also, remember financials are supposed to bout by TUESDAY.
How merger can be REAL:
First off, this is my opinion only. Second, I am as of right now very skeptical that any merger is going to happen.
That being said, here is how I believe it could go down:
1. Canoe needs an outlet in case the Chinese government decides to crack down in Bitcoin. SANP is that outlet.
2. Canoe tells SANP they need to begin their own Bitcoin mining operation as a stipulation of the merger. They want to make sure SANP can hack it in the business. Hence, the CTO hiring announcement and news today of the purchase of 100 S9's.
3. When the merger does occur, Canoe Pool America (formerly SANP) will start to ramp up Bitcoin mining in tandem with their branch in Asia (Canoe Pool). The influx of cash will be dumped into bigger mining operations in the US.
4. Ideally, Canoe Pool and Canoe Pool America will operate independently of one another and rake in the $$$. However, if China does crack down on cryptocurrency, then Canoe Pool Asia has an out and can move operations to the US.
This was never a merger in the sense Canoe Pool was going to move to the US. This is a merger that is a safety net for a $2 bil company.
Just my two cents.
This is very worrying...
Just something to think about... It's almost 11pm local time in China. Unless there is a PR submitted with a timed release, I wouldn't expect anything until after market today.
Just my two cents.