is...playing golf most afternoons, except summer in Florida!! Then I'm in the gym most days!
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Low V manipulation day!!!
Very interesting the dynamics of this board. I really enjoy reading everyone's posts! I feel we are nearing a crossroad here, but I don't believe we will hear anything from Melvin. I'm convinced he is all about material events communication only (legal advice imo). He has told us in the Q's the reason for the lack of R, so I'm gonna be patient. And let me tell you, that's something I'm unaccustomed to as someone who makes 10-20 trades a day!!!
I understand where you stand on that! And that's fine!!! Timing is not as important to me as getting it done! Might be a good Christmas present, who knows!!!
It's all been explained by Melvin and chewed up and spit out by this board. I expected a nothing Q. Next Q should pick up a bit, but the main thing is this Acquisition! This has def turned into a long term hold, which I didn't;t expect but it is what it is. GLTA!
Almost spit out my happy hour adult beverage on that one!!!
$GDVM$
Those that control the PPS in low V OTC stocks are out of control. It's very obvious Buys are coming in at the ask, and yet here we sit down just over 7%. I day-trade and I avoid low V stocks like the plague, and here I have my largest investment sinking because of low V manipulation!!! I haven't sold a share, and won't until material events happen, but this is ridiculous.
So yesterday was the bid buying day "they" have to every once in awhile let us all know who is in charge many more buys than sells, and of course we go down 15+%. Today everyone was scared to buy because of yesterday's take down on buying, so only 13k shares bought!!! The ruling class has spoken!!! Longs' day will come, but nothing has changed since last news which was good, and how much are we down since then?
Yet, you want more shares? Why call the CEO of the Company you want to buy more shares of a clown? Just curious!
Didn't you say
"Zero shares traded today, hopefully good news for me because I have dry powder arriving in late August"
Yep, get the LOI, still think Melvin will get it done as quickly as possible because he hasn't done things quickly. That's my reasoning, and if I'm wrong, still not selling!!! That being said, get it done within the 60 days as you said in PR Melvin!!!
Lol, so the next chatGPT!!! Love that btw!!! IHUB may be on to something!!!
Thanks for the invite Amit! I'm here, now what.
So, Melvin is being dishonest? Is that what you're saying? Have you read his book? Didn't think so!!! IMO this merger will happen, and it may or may not happen within 60 days, but I guarantee one thing, Melvin would not have signed the LOI if he didn't think it would happen!!!
Yep, odd for sure!!! hmmm
And what's even more amazing is that folks here think that retail traders like us are buying the bid, and selling the ask.It's not happening....99% of trades bought on bid and sold on ask are MM's, not retail! Yes, they are our enemy. Anyone who say/s otherwise has blinders on
!
It means the MM's are filling their pockets. They are the only ones short in the OTC. Extremely obvious. But the folks here like to buy the bid, so that's where we are at!!!
I use the think or swim trading platform which is what they are switching everyone over to. You can download it from the Schwab website.
Use Schwab and placed several orders and trades. But I made them directly from the chart. The website and mobile are def struggling. Good day to chilax!!!
$GDVM$
So, I'm looking at the bid/ask and deciding when to buy, and the bid is .0235, and ask is 0248. The current PPS is .025. MM's are crooks!!!
But what if he does? II like the thought of that?
318,000 shares traded today, spread lowest I've seen in awhile at 17 ticks. Could be a good day!!! I'll slap at some point today! No brainer at these levels!!!
There are lots of OTC stocks, or stocks on any board for that matter with a 10 day avg V of over 600k, that have bid support and ask support, and they don't have to worry about bid-whackers because the spread is tight. This spread is absolutely ridiculous. I can't think of a larger spread in any stock I've traded on any board with this V in years. Many times I look and it's 50 ticks, but most of the time it's in the 30 range. It's absolutely impossible to get an uptrend going with that kind of spread. We are in the golden cross area of an uptrend, but with this spread it's gonna be more like golden showers....(sorry, had to).
So this Name touched .03 last Friday. And closed this week at .021335, a drop of almost 30% in ONE WEEK with absolutely not a darn thing that has changed with fundamentals. Stay patient my friends!!! Maybe RSI (closed last week just shy of 70, and this week just shy of 50) needed a reset on a technicians chart, I dunno, but based on future growth here and current fundamentals with the recent aquisition we are severely undervalued.
$GDVM$
Technicians are meaningless with a volume-less stock. When V kicks in let's talk. I do like To the and Dolphin dude, but I'm sorry, my indicators are V and sentiment with this Name. GLTA!
Nice post!!! I agree with most of your post. Crown is an out an out jerk, no interest in q's even from an experienced traderI think Steff is a good guy (CEO) but I also think there is plenty of shares being sold....dilution. 30-70 here to make money imo. Good luck to all!!!
Most of us know where he lives... and it's not rent free!!! Thanks for your "long" interest in this Name...
No, it's the MM's. No-one from retail sells this Name this low, especially after the recent announcement. I get it as far as sell the news, but with this Name this news is huge, the start of acquisitions, plus all of the other revenue enhancers we have in the pipeline. This should be the bottom imo(No telling with MM's, watch the bid/ask at the open that will give you an indicator of the day's action), but MM's control that, not you and your make-believe flippers in a 30-50 tick spread (no flipper does that). I don't trust you in the least. GLTA!
Interesting developments here, I saw the news early this morning in premarket just after I added a few shares, I thought the PPS drop was significant so I started checking around, and found the White Diamond report. I don't know of them, but they are short here, so what do I do? Unfortunately for me I was involved in a similar situation within the last year where a short "research" firm took a stock I was long in down to nothing, and I lost a few thousand. So I sold all of my AGBA shares to be on the safe side, and took a small loss. But that being said, I hope that the research report put out is just a blip for all of you on the way up. GLTA!!!
I decided to drop it. I'll just say this, the conversation I had with the Crown guy was difficult for me, because I had followed him for quite awhile. His take was since I was asking tough q's I didn't know what I was doing, and I was rude, and needed to learn how to trade. Please keep in mind that I now try and be humble and kind in all my conversations on-line because in the past I have not been. So after he said I needed to learn how to trade and didn't know what I was doing, I was done. I've been retired since my mid 40's and am 64, and trade daily, very few of my trades are on the OTC, I lose on most OTC trades, and that's ok, it's part of it. But I'll always go for the home run in the Wild West of the OTC. GLTA, I'll be watching for a re-entry here, be aware there is dilution and shares are being added to the OS weekly. Crown won't share that because he thinks it's rude to ask him his opinion of that. GLTA, and always stay humble and kind!!!
Someone or some entity, has wanted this down this week. I can't imagine it's retail. It seems once the
PPS touched .03 on July 5th MM's said nah, (they are the only shorts in the OTC) we don't like losing money. Bid-ask spread widened, and what I saw that specifically started this was at the open the bid was significantly lower than the ask, and the ask was at the last session close. So one buy at the ask and PPS is dropped to somewhere in the middle of the spread (they rarely sell shares at the ask, but ask slapping has to happen or PPS declines quicker...don't get me started) they then lower the bid and ask, and they are off and running to take retails money. I saw this M,T,and W. Today was not that way. So today's close should be within the +2% to -5% range. Wide spread stocks within retail are very tough to hold, and MM's know this, that's why they are trying to force it look like stock is weak, when in fact stock is in a good position because of underlying fundamentals. We know what we own. GLTA!
$GDVM
Nope. You spew hatred without DD. I try and provide DD. I will wish you the best however!!!
I also will share that I own plenty of GTVH shares and was planning on buying more once clarified the Q’s I had. I have not, nor am
I planning on selling anytime soon. But it’s only a momentum
play for me now, glta!!!
To be fair, I have also dm’d the CEO Steffan and asked him those same Q’s. I will follow up with his responses if he does.
I decided to ask Crown a couple Q’s via DM on “X”. I’ve followed him for years and to be honest have lost money. To be completely transparent I didn’t get in at the bottom and get out at the top as most don’t. My Q’s were regarding dilution (first Q) and whether he was paid by GTVH (Steffan, CEO). 2nd Q. His response floored me. He immediately removed me from the group (which was fine, I don’t need rah rah bs from people that have no idea what they are doing), and his response was that I was rude for asking him Q’s. My response was that since he started a room with 300 or so in it he would not be offended by a Q or 2. He then questioned my ability to trade stocks and how trading works (I’ve been doing this for over 20 years and have been retired since my mid 40’s, I’m
Now 64). So at this point I realize that I’m
dealing with someone who is not what he oortrays himself to be on social media. He actually told me in our chat that I’m the only one out of several hundred (I believe he said 1000) has dared ask him a Q via DM. At that point I was done. I have the entire chat and will copy and paste it if you all so desire. I try and be humble and kind in my social media posts, and by no means do I portray myself to be an expert, but imo this crownking guy is not worth anyone’s time or energy.
Fast moving stock with V, no problem with that. Slow moving without V will cause the spread to widen and hurt the PPS. With this Name the spread is usually wide that's why I pound the table for ask buying. Good luck to all longs, our days are coming soon imo!!!
$GDVM$
Agreed, bid support is absolutely necessary to sustain a run when it's relatively close to the ask. Bid support when the spread is 20-40 ticks is not support imo. My point is pretty simple, bid sitting below the bid hurts the PPS and plays right into the MM's hands. buying on the stated bid also plays right into their hands to widen the spread. I know I pound the table on this but I think it's a valid point! Anyway GLTA!
$GDVM$
Especially with those that are long that buy on the bid!!! I'm not talking about you Benz!!! But others hurt this Name day in and day out and post their bullish post's...while buying on the bid!!! Read the history of posters here...you'll find them!!! IMO they are hurting the PPS, and I have history on my side!!! Can we overcome the Bid Bulls(bears)... I think so, but it would be much easier and quicker if they flipped over from the dark side. I certainly wouldn't have to spend as much $$ at the end of the day to save a few penny's here just in case someone is looking to buy in here and wants a little end of day strength inst4ead of weakness.
$GDVM$
That's quite a statement!! If it's true, it's not for me to decide. What I will say though is that the guy is a nice guy and promotes being kind to everyone. In the times I've bought stocks he is in I've never felt pressure...Do I listen to an anonymous poster here with 1 follower, or a guy on twitter "X" that has many thousand followers. I like his methodology, I don't like yours. GTVH will be just fine with or without you, and if I win or lose, it's my decision!!! I would never ever listen to anyone like you because you spew hatred and nonsense with absolutely zero proof. I get it there is dilution here...I also get it what the float is.
$GTVH$
Good close to the holiday week! Saw some nice ask buying! As more and more peeps find our Name V will slowly pick up as the ask buying continues (bid support is next, then the MM's are totally screwed) and V usually precedes P!!! We have a gold mine here, virtually no debt, R that will be rising quickly as the aquisition finalizes over the next few weeks, followed by multiple catalysts in the upcoming months. Increasing R, acquisition pending, and Melvins distaste for debt (including acquisition imo), future is bright!
$GDVM$
I believe in this Name. I trade large caps, small caps, and limited OTC. I'm telling everyone here, if I see someone saying they have their bids in, I will call them out as a bear for this stock. I'm sick of the nonsense. There is no way this name will head north with those that buy on the bid. You are saving $2-3 per share and killing the PPS. If you're wanting to make a few hundred dollars buying on the bid, then this is not the stock for you. This stock is heading much farther North if we can get the buyers to slap the aslk!!!
Very nice!!! Let's go!!! Stop bid-sitting (longs, I know you don't Eagle), slap the ask.