Follow me to make that Scrooge McDuck money.
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No worries... still a LONG way to go to recoup value here.. and shareholder confidence, but liking what I am seeing from Matt so far.
He mentioned there would be an update on products:
Alternaturals @Alternaturals · Aug 23
@rtjon14 There will be an announcement in regards to additional products within the week. Also about advertising streams. So, a big week
Just had a quick convo with Matt about the new website. Basically I told him that the new website looked great for a quick update and that Matt seemed top notch.
Also, he mentioned they had to get rid of the previous designer as he wasn't working at the speed they needed. Sounds like he was more of a contracter than anything. Anyways, here you go. Nothing earth shattering, but just another example of this guy's transparency.
Was jut about to post this. SIte looks amazing so far. Love the countdown.
Not at my L2, but I think you are referring to shares hitting the ASK and it not changing in size? That is pretty common on OTCs. Market Makers (brokerage houses: ETRF, VFIN, CDEL, etc.) are not required to show their true size. It's one of the fun things about trading on OTCs.
It can work both on the sell and buy side:
Market makers can hide their order sizes by placing small orders and updating them whenever they get a fill. They do this in order to unload or pick up a large order without tipping off other traders and scaring them away. After all, nobody is going to attempt to push through a 500,000 share resistance, but if a persistent 10,000 share resistance is there, traders may still think it is a beatable barrier.
Market makers also occasionally try to deceive other traders using their order sizes and timing. These types of orders are called NITBB or NITSO (No Intention to Buy Bid or No Intention to Sell Offer). When using this technique, the market participant displays a huge size greatly exceeding all others seen on Level 2. Most often it’s done in order to provoke traders to move in the opposite direction, as they are trying to undercut this big size or to get in or out “front running” this size.
In case you want a little more education on L2: https://stockalyzing.com/stock-trading-school/trading-lesson/2/
Good stuff. I'm getting close to your 20 M shares here... Gonna bank hard once we get the updates from the CEO, particularly around 5 hr.
Got your PM and just hit you back.
You still in this one? better day today.
Yeah saw that... but it looks like it was an average trade vs. a t-Trade we have been seeing.
Like I said before to you.. Go check out big boards. This is penny stocks where market cap means nothing.
well technically speaking... 16 isn't a huge resistance. Take a look at the chart.. the biggest resistance is going to be .002. If we break that and back above the MDAs, then it's easy money from there. We just need to break out of the long term down trend that we are in, then major reversal.
If you are going to try to scare people... at least try to take a look at the right resistance points on the chart.
It's called hiding size... it is very common on OTCs. Market Makers are not required to show their size. You can see it like this where they are showing 10K, and other times they will throw up massive walls to encourage selling. It's all part of the games we deal with here in pennies. You just have to learn what to watch for.
He said he will release news and link it on Twitter.
Thin all the way to .002! Time to get this going fellas!
Major reversal on the way! Plus summer winding down and pennies are gonna start hearing back up. Crazy thing is with the right update about 5 hr, this thing could literally jump to .006 in the blink of an eye.
.0015s back up and they are thin...!
Solid start to the day. With 2 PRs this week it would be nice to get back to the mid 2s. Then if Matt continues to be transparent we could be in for a nice long reversal. Solid 5 hr update and we're back in the .006-.008 range, jmo.
Go ANAS!
agreed. Wish it was a bit more clear on his background. I'll try to fire it over to him on Twitter and see if we can get a better idea.
Heres to better days!
We just had the same response haha. I totally understand people are pissed but I'm willing to give him at least a few weeks before I start questioning.. By my score this is what he's done in his first week:
-2 Q&As... Including one at midnight on Friday
-will update us this week on the online marketing plan and products
-got the quarterly out
-got a complaint about amazon product being out and the site not working.. Already addressed Amazon and will have the site fixed by tmrw.
-states we will get an update on 5hr and has already stated how important it is the company's future... So doesn't want to fumble it.
That's a decent first week if you ask me.
Yeah I understand. I just hope people don't get too frustrated and miss out on a run. I will honestly say I don't know if ANAS is a long term investment. That is to be determined by how Matt executes, but I do think we got another big run in this one. But jmo.
Anyways, 2 updates this week. Time for Matt to show he's here to work.
I agree that we need substantial factual PRs... But I do find it kind of crazy when people are coming down so hard on him. He's been in the job for a week... I mean my first week at my job I was lucky if I had figured out where all the bathrooms were. I think he will give us an update on the online part by wed. He's already stated that. He's also already stated that he will pursue retail later. He needs immediate sales to get money to get things up and running. The guy has run two Q&As and was answering tweets late Friday and Saturday. I would be happy if I even got an email response from manny or Chris. I agree that we need answers and we deserve to know the truth and have past promises delivered upon... But I'm just trying to atleast give the guy a month before I start dismissing him altogether. Just my opinion...
Then I wouldn't worry about buying at .0008 like you already stated you were going to... I mean why buy dead money...
2 updates this week! Just confirmed again from Matt.
Yup and Matt just tweeted that the site will be fixed tomorrow and marketing update within 48 hours.
easily... I wish I had waited to buy more shares till right now, I would be loading the boat. I'm trying to sell another stock I have so I can pick up another 5 million shares here before this really takes off. Updates from Matt, along with a solid update on 5 Hr high, this will rocket. Plus as you mentioned, summer is winding down and pennies will start to heat back up. I honestly think we could see a nice reversal here in the near future, if Matt executes.
Sorry to see you go, but appreciate the good karma!
No problem! And agree on all points.
Sure. We chatted awhile but the convo came down to 2 things:
So I asked him about social media that we could leverage right away for free to help drive traffic to the site (Facebook, Instagram, Pinterest, etc.)
His answer was that is definitely part of the plan but he's got some other ideas that also can yield some good results. He plans on updating us all on the online plan to drive quick sales this week. But didn't want to get into exact specific prior to the PR ( which honestly I appreciated... I feel like if it was Chris he would have just blurted all kinds of promises and hopes..)
I asked him what his plan was about the negativity cause of the previous management.
His answer was basically, I completely understand why shareholders are pissed. He's not quite sure of manny and Chris intention, but gets the sense that they we're under experienced and over promisers. He said his mantra is always going to be under promise and over deliver. He can't change the past, but hopes he can create a level of transparency with shareholders to regain some trust.. But he does acknowledge this will take time and rightfully so. So he doesn't take the hatred and anger personally. He wants to execute for us but also for himself. His reputation is on he line and if he messes up it will make it much harder for him in the future to raise capital, get partners, etc.
I didn't ask him about 5 hr or relaxapro because he's already tweeted that he would be updating us soon on both of those
Yes definitely post some questions for him. After my convo with him last night I have to say I'm sticking around for a bit. I was getting super frustrated myself but the guy is 100% better than Chris or manny. I know most don't want to believe it but he knows his stuff. We chatted about paid search vs social vs earned media and honestly I felt like if I had asked questions like that to Chris it would have just been glossed over. Also he told me straight out that he will be using twitter extensively to communicate with shareholders going forward and that it was our right to know what's going on.
I suggest if you guys don't have twitter to get an account and ask questions.
Yup, chatted with him for another 30 mins. Stand up guy. He basically said he's not putting his name on something that could ruin his career. He 100% wants to turn this around and wants it be a huge success. He understands shareholders are pissed and is going to work hard to rebuild investor trust through complete transparency going forward.
Yup! I'm duckingmoney :). Been chatting with Matt for like 30 mins! Guys on top of it
Check out twitter guys! Lots of good info from matt
CEO answering tweets right now!! Dedication!
Kush cream is legit. 5 hr still being worked on.
You could also call it crazy load Friday. Shares have to be bought....
I think some people are just upset with the fact that all of the things that have been PRed have either been really over zealous or in some instances, maybe a lie. The biggest one is the share buy back. They said they were going to buy back 1/3 of the OS, that is a pretty big deal. In addition, the 5 HR high delays are stacking up.
However, with that said, I didn't sell a single share today. Im actually bidding for another million at .0011 if it gets there. I have said many times, to have a company actually be responsive is a huge factor for me, and although I didn't like all the answers, I was happy to see all the responses today. Plus the stock is way oversold, and we know fall heats up, so im sure we will see another run here.
I'm not too worried if they are making that much money. To your point it's still early days for ANAS. Plus we all know the goldmine 5 hr will be. I'm just happy to see the new level of responsiveness and transparency we are seeing today with the new CEO.
Possibly, I'll be happy to see them by tomorrow.
Interesting... I emailed Manny and got a response from orders@alternaturals... Guess new CEO is shifting email to himself as well or someone else's email. I asked when the quarterly would be posted. His response was by tomorrow. Just an FYI, Happy to screenshot it,but that was literally the only message.
If you are selling before 5 hr high launch then def don't look back after it launches. Instant ten bagger when 5 he launches