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Answering post#82590 @pennystockbrad: Visa Inc. trades at p/e 50. They're in the "electronic payment processing" industry for transactions in obsolete "horse&buggy" fiat currencies. "Crypto mining" is really "transaction verification service" (or you could call it "electronic payment processing"..) for currencies built on blockchain tech. So, similar businesses even...
Lets say there are a million shares offered at an "ask" of .0013, and a million offers to buy shares at a "bid" of .0012. Lets say no trades have happened for ten minutes, its a standoff. Now, someone comes and puts in an order to buy some at .0013. He'll get some of the shares that were already listed to sell at that price. This is a "buy", because the buyer bought at the listed price. Then, a seller comes along and places a sell order at .0012. That trade is listed as a "sell", because the seller sold to the existing offer price. Buys are upticks, sells are downticks.
Whales pushing price down? Ok.. why? So they can load cheapies. Why do they want to load cheapies? Because they believe it will go up (or they believe THEY CAN MAKE IT GO UP)... Either way, if the whales are working to load cheapies now, that tells me it should go up again soon.
The more shares someone holds, the more incentive they have to (eventually) make it go up.
NOBODY runs a "loading phase" in order to stay a 50MM share bagholder...
Whoever filled my 12's THANK YOU! I'm up to a cool Milly.. got 900,000 in a sell order at $3.00. I don't expect them to sell at 3, I just want the shorts to see that here are 900000 shares they can't borrow to short.
I still can't lose if this goes to zero, so I'm set, buckled in, ready for liftoff!
You keep saying "dilution". But last notice I've seen (late December) shows that THE COMPANY hasn't done any dilution since mid November. Sure, MMs are selling big blocks that they hold, and those sales are pushing the price down.. but those sales ARE NOT adding new shares to the outstanding share count. As far as I know, the outstanding share count stands at 7.36 billion shares. If you call/email the transfer agent... and if they tell you an OS number bigger than that, THEN come here and SHOW US the dilution.
Look at charts for 2week before 12/13. See the slow steady sink. Imagine how that felt, not knowing what 12/13 would bring. That's where we are now. SANP is coiling for another spring up, just like on 12/12. Does it spring tomorrow? Probably not.. but soon? DEFINITELY!
Is it me, or does the SANP chart look like there's a cup from 10/9 to 12/19, followed by a handle from 12/19 to now? If so, we should be nearing the end of that handle, and ready to take off.... no?
I still believe in SANP, and I'm holding my shares to ride thru this dip - even if it takes months to see the other side. But, given how it looks /today/, I'm not buying in now... I just put in an order for some of tomorrow's 0009's.
Not true. Sold all but 10 BTSC on 12/12. Put $200 from that sale on SANP at $0.0004. Since then, I've been able to pull out that $200, plus another $800, and still hold 650,000 SANP at $0.0014 today.
If I had left that $200 in BTSC, it would be worth $100 today, instead of the $1,000 cash plus $910 stocks it has become. My arse is doing just fine, at least since I decided to flush this overpriced turd, BTSCAM.
SO PROUD of my fellow longs, holding the line at 16+, not selling out to bargain hunter BUYERS at 15. They ARE BUYERS - by bidding they're saying they want some SANP for tomorrow's ride UP!
"Fresh Fruity Mix" looks like a bargain at $21...
http://santo.io/shop/#
Yesterday I sold 70k @002, then bought back 150k @0016. Still on house money...
So, I guess... Thank you?
18MILLION bids @16.. some will bid up if we all HOLD ON
Wish I had got in at $45-$50 about 7 years ago... Just curious.. did you hang on to it, take a loss, or get out ahead at your first chance?
I have 10BTSC 4sale @$10/sh. BTSC can hit $10, just need someone to buy mine... ;)
i totally agree - nobody should look at any stock just 3 weeks out of trips as their golden goose retirement plan. And I'm not. These are like dynamite - they can go "BOOM".. and cost you an arm & leg if you're not careful.
To me these sub pennies are straight-up gambling. And I've already recovered my original stake plus a nice little bonus, so i can hold these and see where they go.
Point taken. Nobody ever paid a nickel for a share of HD. And there are many differences between the companies, no direct comparison is possible, and HD's performance CERTAINLY DOES NOT guarantee (or even suggest) SANP's future.
But the fact remains.. Every one of the 5k HD shares my wife holds today, cost her dad a quarter in '85. He bought a $5,000 position in HD, which was worth over 2 million when he passed last February.
My point is, patience pays, and I hope everyone on this board does as well as he did.
Someone confirm I'm not lying - Etrade, HD listing, charts tab, max time frame, shows March 1st open, $0.06, close $0.08.
These results may reflect stock splits along the way. Point is that every stock my wife just inherited at $155, cost her dad $0.25 in '85
Yup. Home Depot was a NICKEL in '81. Someone in '85 was happy to sell at $0.25 to my father in law. My wife was happy to inherit those shares - her 5,000 of his 20,000 - last September at $150, and still happy to hold them today at $190.
I'd be happy to see a steady 0001/day gain for 2 months, 0002/day March & April, 0004/day May & June - that puts us around 3 cents end of June. I bought in at 0004 on 12/13, in 20 days (12 trading days) I've seen +0001/day to today's open....
Explain?
Sold 70k 12s @20. Buying back double at 16. Who's gonna fill my order? :)
Exactly right! When SANP HAS 12 miners running (i believe they already do) they'll have 2.5x the mining capacity of BTSCAM. With 15 SANP shares os per BTSC share, their pps should be 6x higher than ours. When we hit 200 miners running, our pps should pass theirs.
I'm not saying we should be at 1/6 of $.25, up there with BTSCAM, I'm saying they're outrageously expensive and should come waaaaay down. We COULD rise to pass BTSC, but then we'd be overpriced too.
Sellers @$0.002 displaying FOBM - Fear Of Big Money
Since pumper/dumpers loaded @0011, they'll pump to 0032. Time to step back (not out) is 0030. Sell nothing below 0028! IMO
I call $1 on 2/22/2020.
January trends.. Isn't there a belief or history out there that says that the market's performance in January is a very reliable indication of how it will trend for the rest of the year? If so.. I wonder how true that will be for the crypto sector...
From '81 to '85 my FatherInLaw married HD @$0.05 to $0.26. My wife & 3 sibs each just inherited $350k apiece of HD @$190. New basis for them too - no cap gains tax!
Ten shares. Here's proof:
[img]
https://photos.app.goo.gl/nJk8nACEk6ypRwWI2
[/img]
Honestly, I could not sell these 10 shares in good conscience at any price higher than $0.015 - I'd be stealing money from the buyer at $0.25!
I actually, honestly hold ten shares of BTSC. I had a bunch I bought at $0.099, sold all but 10 just so I could watch it easily.
BTSC is my "Rube Goldberg stock" - a completely useless waste of my time, but fun to watch...
Figured out how I can recover my investment in BTSC: I just gotta go to the next shareholder meeting and fill my belly with free hors d'oeuvres - should be easy to cover what I've sunk into my ten shares...
Your cryptostock might be a scam if:
You go to their website and see that their corporate logo looks like it was stolen from Parker Brothers "Monopoly - Bitcoin Edition" game.
You read their press releases and realize that their total Bitcoin mining capacity has a retail value that is 1/50,000 of the company's market capitalization. So, if you wanted to buy $25,000 of mining hardware, you could buy the hardware directly for $25,000 and see it return it's investment cost in 3 months... or you could buy all $128,000,000 (at current prices) of the company's stock, take possession of their $25,000 worth of mining hardware, and wait 150,000 months for your ROI (assuming that Bitcoin is still the "state of the art" electronic currency system in TWELVE THOUSAND YEARS!
$128MM market cap for a company with $20k worth of inferior mining rigs and no announced plan to ever increase mining capacity, makes this a scam. Based on what mining rigs can earn at this company's combined hash rate, and the number of shares that claim a slice of that mining revenue, I'd buy shares of this... at $0.015 max.
I don't need them today. I'll wait there at 0.015 until reality sets in.
Hey.. what ever happened to (Dutch) "Tulip Biopharmaceutical"?
I was gonna say "volume too low for loading", but then realized, they have to load slow to avoid raising their price, to maintain the panic sell that they're buying. They want to dump fast when the price is high - I'm guessing that if they're loading at 12, they'll dump at 36. But "low volume" says "loading" to me.
I agree, the iBox needs an update. The company website still describes the Cytotronics and Immunotronics projects, still discusses TVEMF, still references the original target indications.
The acquisition is important, and should be referenced. I think that especially important is the acquisition of the patents (owning them eliminates any chance of being sued (with or without merit) for violating them.) Also tremendously important in my view is all the research data and the regulatory approval for the acquired device(s) - these could be invaluable to help guide ENDV forward as it continues developing its own technology.
They are very similar, but distinct technologies - the main difference seems to be in frequency and pulse shape (waveform), with TVEMF being described as low frequency, around 20 pulse/second of square wave pulses, while the PEMF tech is in the shortwave radio spectrum, much higher frequency. So, acquiring one doesn't necessarily mean abandoning the other.
OF COURSE the company knows the share price.. the President of the company has been buying like $10k of stock every week for 6 months! He's gotta have half a million dollars in it by now, 24 million shares. Only thing I'm sure of, is if he makes a decision that hurts me, it hurts him 10,000 times worse.
There is a problem with currencies that rise in value. When a currency's value (purchasing power) rises faster than the value of what it can buy, that becomes a disincentive against spending it. If I'd need 3 Bitcoin to buy a nice car today, but next month the same car costs 1 Bitcoin, and 3 Bitcoin buys a decent house, why would I buy the car any sooner than I absolutely have to? The skyrocketing price of Bitcoin is promoting hoarding, and interfering with it becoming a widespread medium of commerce. Ultimately, for Bitcoin to succeed, people have to start USING it, instead of hanging on to it. As long as it appears capable of doubling in power every month, it will be limited by its own success.
CANOE POOL BETTING POOL - let's play a game...
First, make a prediction to fill in this blank: "I think SANP/CPUS will hit $1/share (without an RS) on ________."
Then, copy this whole post (without signatures) and paste it into a reply to the newest version of this post. Find the dates which are on either side of your prediction, insert a line, and type your predicted date, your username, and the date you made the prediction. If someone else has already entered your predicted date, insert a line above the NEXT date and enter your prediction, name, and entry date.
Let's keep this going - whoever has the closest guess gets HUGE bragging rights (and all the gains you can get from now to then)...
Prediction - Username - Entry date
2/22/2020 - SteveWin - 12/28/2017
9/99/9999 - bluebird50 - 12/28/2017
(I wish I had a blockchain for this...)
(Mods: do not sticky this, let each reply be the next bump and link in this chain..)
CANOE POOL BETTING POOL - let's play a game...
First, make a prediction to fill in this blank: "I think SANP/CPUS will hit $1/share (without an RS) on ________."
Then, copy this whole post (without signatures) and paste it into a reply to the newest version of this post. Find the dates which are on either side of your prediction, insert a line, and type your predicted date, your username, and the date you made the prediction. If someone else has already entered your predicted date, insert a line above the NEXT date and enter your prediction, name, and entry date.
Let's keep this going - whoever has the closest guess gets HUGE bragging rights (and all the gains you can get from now to then)...
Prediction - Username - Entry date
2/22/2020 - SteveWin - 12/28/2017
(I wish I had a blockchain for this...)
(Mods: do not sticky this, let each reply be the next bump and link in this chain..)
"Bitcoin to a million".. sure, EVENTUALLY. But probably not this year (i definitely wouldn't mind being pleasantly surprised, but my trading strategy doesn't require a surprise of that magnitude (and, for example, buying any BTSC for more than $0.0175 requires that kind of a surprise for it to be profitable in my lifetime - right now there are a LOT of people holding BTSC that they'll either sell at a terrible loss, or they'll hold forever for no return (which is just another way to say "terrible loss") Sure, some flippers made nice profits on BTSC's incredible run, and now hold bundles on house money, so they won't "lose".. but at $0.26/share, they can't "win" on company earnings (without $1MM Bitcoin), they have to win by passing their shares to another loser. Flipping, pump&dump, are ultimately like ponzi schemes - eventually the sellers run out of gullible buyers willing to pay even higher prices, and those sellers become bagholders. The only thing that keeps a stock from becoming a ponzi scheme is a business plan with a real chance of producing earnings.)).
IRONICALLY, I think one of the things holding these crypto stocks back, IS the spectacular rise of the price of Bitcoin. It's easy enough right now to buy Bitcoin itself, and right now the returns are higher just by buying and holding coin. If I knew that BTC will hit $1MM in a year, I'd sell all my cryptos and buy mining rigs myself. But, down the road, as BTC levels off (it HAS TO..), as people who now hold it as an investment begin selling it to take profits, and they start looking for places to invest those profits, the place to be will be in the companies that create new Bitcoin through mining.
In my view, THE RISK with all of these sub penny stocks is buying into a run too late, when the pps is inflated by hype, and getting stuck as a bagholder waiting for that $1,000,000 BTC price. If I have to hold this for a year or more, at least i'm fairly confident that SANP will add miners and earnings (confidence I'm lacking at BTSC), and BTC will rise a bunch, so this has a chance of rising on merit instead of hype and "$1MM BTC" hope.
My father-in-law bought HD at $0.26. He bought tons of it, 30 years ago. You could buy HD at $0.05 in '81, $0.25 in '85.. HOME DEPOT WAS A PENNY STOCK.. and it's up around $190 today. His daughter and her 3 sibs each just inherited about $300,000 worth of HD. THATS what I'm seeking in crypto pennies - companies that have a real plan to grow a real business in this new arena. Companies that will be around in 20 years, making money. Maybe it isn't SANP.. but I think SANP is on the same path as MGTI and INTV. But it definitely isn't ever going to be BTSC. Because.. even if BTC does hit $1MM, when that happens, I would still be better off to be in SANP, INTV, and MGTI.