Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
this company essentially announced in that 8k 100 million shares of dilution every month this year assuming the current share price holds more if it drops. PEACE OUT
What’s to guess they announced they were getting 600k worth of funding and I. Exchange they either pay 8% annual interest or let them convert it into shares.
The share price they get is $50,000 worth of half whatever the price is 20 days before they convert so if they convert in 90 days which I believed is the soonest they can and the price is .001 still they would get 100,000 million shares for each part of the 600k loan or 1.2 billion shares in total over the life of this funding. Only good news is they aren’t aloud to short the stock.
Better hope they come out with something big
I find it pretty interesting that a persons personal opinion without factual evidence at all in the post is allowed to be a sticky
So wait nio now you are saying buy 12’s you’re getting your game confused now buddy
5,692,627 T Trade at .00154 even the Market Makers are selling and buying in the green now.
It was for just under 5 million shares no idea how that happens when we didn’t trade at that level
.0019 T-trade wow!!!! Means a market maker was buying the absolute hell out of this today I suppose.
Company can’t even update on anything citizen Toke hasn’t sent me a text in weeks dead as a door nail
Clear as day
This is literally what the short covering toxic financer wants you to think, they put their short cover at .0009 so that you will buy into .0010 where their ask is, then when it implodes below they do it again and their short keeps paying while their financing is accumulated... try to think this through
looks to me like a replay of july - november they will keep building up huge vol bids then pull idiots in who think they are safe with that below them then sell into them.
Every huge bid is just them using their short cover as a way to bait in higher bids from retail goofs
Also means an equivalent amount of their shares to sell have been taken care of.
These giant sell blocks smell of one of the stocks financiers selling their shares into their own shorts that’s why they build the bid rather then the ask so they don’t scare anyone off with a huge ask.
If I’m right that does leave this in an interesting position with them having their shorts covered (50 million) like this In the last few hours of yesterday and today. If they are covering their shorts do they expect remaining shares to appreciate?
Lol dude having you on my side of the argument is what would worry me
Also to note if I was a toxic financier with 500 million in shares (documented dilution last quarter) and I couldn’t sell because my 90 day period wasn’t up yet I would put on shorts as close as I could to the end of a 800% run knowing that I owned enough shares to tank the stock but still wanted to make as much as possible. There by hedging myself as I smashed the price down guaranteeing as much profit as possible.
The good news is if they are covering their shorts then they may have sold almost everything and this can go back to normal until the next round. But who knows what normal is for marijuana tech MJTK.
There is always a buyer however me calling exactly what their iceberg dump method would do was spot on. Good luck to that buyer.
Or more likely it was the diluter covering his own short that he put on as a hedge much higher up making money left and right I’m sure
today's T-trades should be Bananas
what i said keeps coming true, huge sell blocks out of no where as soon as people put bids in with the false .001 bid. insane MM manaipulation.
But seriously, trade after trade with no change to the bid/ask numbers so manipulated its amazing.
24 million sell at once. now let see if the bid disappears.
another 350k share purchase that didn't touch the 260k share offer, wheres my shocked face. Iceberg with probably 50 million on the ask out of sight.
EDIT: 800K no change to the 260k ask.
i'll give you the play by play, the real people getting in on this bid will get taken out later today maybe 10 million shares, the rest which is a fake bid will disappear and then down into the trips you go.
how long before this bid miraculously disappears and we shoot down to trips? i mean the .0011 keeps getting hit for the same amount thats on the ask or more yet it never budges.. Hmmmmm iceberg trade meant to pull in bidders.
today's theme is early dump to show STRONG SUPPORT that will get lemmings buying in above into dilution then they will pull the rug mid day and bring it to the trips.
textbook dilution give it a solid bid in the morning, set a lowball ask that is large enough to make people think there is support then rip the rug out. bet we see a jumbo t trade again today for the 20 million phantom shares they have sold through that they don't want to disclose until after hours " to protect the price action"
I love bids like this they make it look weak so people sell into it before it gets hit by someone else then it miraculously refills and waits for the next. Getting ready for a run next week into positive Cannabis news week
awesome why not throw a short trade in then, if the diluttion is going to be such a destroyer why not short 10 million and make 1,000% on its way to .0001.... time stamp it and i'll give a single flying dooodah about what you say.
furthermore, the on balance volume is higher, the bollinger bands are higher, the accumulation/distribution is higher and the RSI is at the exact same spot. all wins.
ever since the first wash out from .0048 the macd on the 30 minute has been working its way higher towards breakeven again, last time this happen the break through was violent to the tune of a 90% up move in December. i'll sit on my 3 million to watch.
I see a stock that just held its middle bolinger band and bounced hard off an attempted new low. tomorrow is green pasteurs
Here's your positive stock price forces.
1. Sessions takes a major step back, boosts the whole industry and ancillary plays.
2. They articulate just what their involvement is in Block Chain technology and how it will be integrated
3. the above two coming in the likely near future cause excitement to build and stock price goes up in anticipation.
then kept calling it at a bottom and had a 600% jump the other way.... see my point you're one dimensional.
looked through your history, nothing but negativity with specs of positivity i bet you short a lot.. hope that hasn't hurt the last 9 years.
this needs to get above its middle bollinger on 30 minutes, seems to be controlling the decline
continuous drop in price? its price has been nothing but stable or up the last 4 months. so it retraced a 450% increase in a hot sector that has done that with every stock, your fear mongering is lame.
sold almost everything down to a core 3 million, only made a bit but should have sold all of it as soon as it popped from .0021-.0026. At this point though i'll be holding the rest. yes there is more dilution coming per their quarterly reports for upcoming sales in November. but it is far less due to the increased share price and all indicators are looking good still. the daily is retracing and still above a 50 RSI, on balance volume has hardly come in meaning accumulation and the MACD is coming up to a crucial point on the daily that could result in a big bounce. We will see good luck all.
The recovery is to strong the weak hands have sold this morning and will buy back in as we go green today
Just my spider sense but I think we close solidly green today setting up for an incredible Monday
Back in at .00215 average for a full buy. Got out at 33 but now rsi has reset, on balance volume has hardly fallen at all with the price and sessions is out of bullets this time it’s running for a penny
theres my almost 10 million out at .0033. bitched about it all the way down to the .0006's and bought in at .0007. far and away the best trade i've had. good luck all i'll be back on a meaningful dip.