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It seems like stinky pinkies go on sale every holiday week. I load up and unload a few secessions later. Usually hit on 4 out of 5. This one will be decent because it dropped so low and has so much upside. Should be good for a little run to at least .0016 from here. Couple million shares worth the risk.
I don't doubt an over the penny day will come again for this one. However the next little jog will def cross .0015. My costs are covered I have a shorter outlook free position and a longer outlook free position built off volume trading.
Easy money both ways. You don't have to buy 5 million shares and sell 5 million shares. I have a simple log I keep.
on 5 mill trade I would keep 250k shares 125k short run unloaded @ +50 for example most picked up today cost .0010 so I would be cool unloading 125k for .0015. I hold the other 125k free shares for the home run over a penny and then some.
Also in this model I would be buying 5mill @ .0010 Cost 5k sell 4.75 for .0011 approx amt from trade 5,225. So I retain 250k shares and make $225.
All day everyday hope my process helps you build wealth.
Not an advisor or a pro do your own thinking or at least don't blame me if you can't make it work.
Not really I do like to recover my principle quickly and build a free position. Buying and selling under a year is the same 30% tax from less than 1 min to 364 days.
Covering your principle is always a good decision. I trade stocks that have potential for an upside beyond a few points. I do capture as much profit as possible and build a risk free position to hold longer term waiting for the pop.
So yeah if you don't hold for a year your a flipper. 10% Long term cap 30% under 365 days. So by my most common tax bracket I'm a flipper paying 30% short term cap gains.
Stealing buying this at .0010 or less. Going to go over .0015 easy. Been using the Vol churn to make some cash and retain free shares for next little bump up. Easy money with NECA from here.
We got a run coming. Thought it might breakout this AM. Hang tight or buy more seems like the play.
Stealing at these levels with a double bottom. Money in the bank!
Over a penny is a very strong possibility depends on how quick this next leg up is. I'm putting in GTC orders for 75% of my position in range I think we pop to and holding the other 25% for extra upside surprise that I don't expect.
I think we run soon-ish.
I worked out the time between peaks with a 5% margin of error and the average price decrease between peaks with 5% margin of error. We are a few sessions away from entering an approximate "fun run zone"
Of course major news will put us into real run status and the sky is the limit.
For what I call a "fun run", which I believe is coming due in November. I think we are looking at a peak between 0.0095 - .0112.
The most likely peak on next little warm up run based off the historical data is 0.0099
Currently trading in high 50's moving to high 90's seems highly likely and profitable.
Been building a position trading in and out keeping half gains and half shares after recovering my principle.
Anyone else feel like we are coming due on a small jog?
Invest at your own risk my comments are never to used to make a financial decision. Consult a pro or at least read some books. If you lose money it is your own fault and if you make money congrats!
Trash or not money to be made. Looks like it might bounce again, if it does at least to .0015
Double and some change with 60/40 it happens. Worth the risk of a couple thousand at least.
This is going to have legs well into .0120 and beyond.
Loading heavy @ 9 if my buy goes through before the bounce. Anyone have a guess to how far we run?
I picked up 3 mill between .0055 and .0062
The next little run up will be really nice. New car nice at least.
I'm loading here too. We are going to see nice gains from these levels.
Probably hit .0010 today as the bid. Time to load back up for next little bounce. Starting loading up again.
The lid is coming off the pressure cooker soon. Should see at least double current prices soon.
We hit 20 in short order from here. Might even revisit 30s next week.
Jumping back in the .0020 range very soon. I hate waiting so hoping for today! Good action going in the right direction. Vol is insane thinking we get a little climb after lunch and then again before close today.
Selling here looks like fools gold to me. Profit is profit but we got more juice to squeeze.
So you think .0140 is to low what are you looking for as a sell target?
I already did holding 1.26 million shares. Auto trader here I come!
Life's a garden dig it!
Thanks for the info, but doubtful I will need luck for my sell target of .0140 only question is how long it will take.
Question of when not if.
Ok a fun run
Already loaded 1 mill shares. Run comes soon to at least the mid .0140's.
I'm buying a new car from this one!!!!
Quick sharp drop before previous upward movement. I think we get to at least 0.0145 off next run buying in the low 0.0090's seems like stealing.
Picked up 500k today. Should make nice little chunk of change. My shares are avail @ 0.0145
The low volume on the price drop just means most people aren't willing to part ways @ 16. Also same type action has happened vol wise before last couple of small runs, however price is a little higher here since last run from the bottom.
Maybe we bottom out at 16 and roll into the 40's instead of the 30's this time.
Yeah for sure under-valued in low 20's. I like it at any pull back. Reloading here with a target sell in mid 30's for part of position. I like very few stocks in this range long term, but NECA one of them.
Yeah I think we are good to go with today's volume and previous price history.
I have a low end hobbled run topping out @ .0032
My middle of the road guess is @ .0048
Fairly certain of a nice pop to between .0032 & .0048
Looks like it was wise to load up again in the teens. I like the slow drift up shows improving confidence in price and company. Go NECA make me some more $$$!!!
I would agree with you if they didn't make 500k profit. So it was a good sale. Collectors keep stuff. Assets sold for a profit is good business.
I thought they only sold two? Did I miss the sale of something else for a 84% profit + 3 months of production gains.
They have not divested all assets.
If If If they did all it would signal company was in major trouble and/or massively restructuring.
This has not happened. They just took a healthy profit on two assets that will probably be worth far less in a few months.
Ideally they will buy something small now to reassure weak minded investors and buy other assets on a dip in oil.
Fear mongering and over stating to an extreme.
I bet your smart enough to be buying now while preaching the worlds end.
Yeah 15's are hard to pass up with the potential to spike well over 32. Hard not to grab a bunch and wait. Sitting on a much smaller position than you are. Only 5 mill shares but a large investment for my portfolio size.
Massive bid wall @ 19 no ask @ 20 small ask @ 21.
Going up
It is the way
Divesting for a profit is never bad. Maybe they think the market is going to dip (pop opinion) and oil prices seem to be falling again.
Selling something high to wait and buy something lower is usually good business.
Agreed also read some people thingk dilution is still happening. They offering was closed last month. Even with additional shares from last offering we are looking a well over 2 cents with just on profits from this deal and value of other assets. Assuming they closed up and sold everything and stopped making money.
Crazy the PPS is down today but I say buy it and I am.
They just sold two assets for 84% profit plus revenue generated from those assets of approx 80k.
This mean they bought it for about 600k sold for 1.1 mill = approx 500k from sale + 80k they made from it.
I see them as annoucing they made a little more than 1/2 a mill. Posting news article below.
Buy Buy Buy
Released at 8 am today.
--Divestiture Includes Two Oil-Heavy Properties for a Massive Profit--
FRISCO, TEXAS, July 15, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – Verde Bio Holdings the, Inc. (OTC: VBHI), a growing and dynamic oil and gas company, today announced that it has agreed to the sale of two of its assets for $1,105,000 to an anonymous buyer. The transaction is expected to close on or before July 23, 2021.
Verde Bio Holdings will achieve approximately 84 percent profit after holding this asset for a little more than three months. In addition to the profits from sale, Verde also will receive all revenue of the assets related to production from the wells from March 1, 2021, to July 31, 2021, estimated to be approximately $80,000.
“We are going to be opportunistic for our shareholders when the situation, such as this, necessitates it. Our goal is to build and manage the best portfolio we can and in a major natural gas market, such as we are in now, it makes sense to lay off some lower performing oil assets and reinvest the capital into better performing assets,” said CEO Scott Cox. “As we have been building massive dealflow in the buy-side markets, we have also been hard at work developing a sell-side market in retail channels including the 1031 Exchange markets. We plan to reinvest all proceeds from this excellent transaction, and we continue to evaluate a number of other possible transactions. We pride ourselves on the ability to be both creative and flexible.”
About Verde Bio Holdings, Inc.: Verde Bio Holdings, Inc. (OTC: VBHI), is a U.S. Energy Company based in Frisco, Texas, engaged in the acquisition and management of Mineral and Royalty interests in lower risk, onshore oil and gas properties within the major oil and gas plays in the U.S. The Company’s dual-focused growth strategy relies primarily on leveraging management’s expertise to grow through the strategic acquisition of revenue producing royalty interest and strategic and opportunistic non-operated working interests.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements in this press release that are not strictly historical are “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These statements involve a high degree of risk and uncertainty, are predictions only and actual events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include the uncertainty regarding viability and market acceptance of the Company’s products and services, the ability to complete software development plans in a timely manner, changes in relationships with third parties, product mix sold by the Company and other factors described in the Company’s most recent periodic filings with the Securities and Exchange Commission, including its 2019 Annual Report on Form 10-K and quarterly reports on Form 10-Q.
Contact:
Paul Knopick E & E Communications
pknopick@eandecommunications.com
940.262.3584
I wouldn't worry about it to much. When news does drop you'll be happy to have bought some here. I actually cycled out my cost and holding a little over 2 mill shares and a couple hundred bucks.
News will pop us to at least low .0030's. Double your money and then some from here.
I say buy the golden ticket and see if you like the chocolate factory.
It's coming buy buy buy
Yeah we had some profit taking yesterday and good news via tweets. We should have a strong up day today and highly possible run in near future. I agree with your assessment.
Nice! About time some good news hit. Hold on to your shares roll-a-coaster ride is about to hit a nice little climb. I wonder how far ahead the tweet about 8k is of the actual filing.....
I loaded up pretty good down to roll to 30's now.
Looks like we finally have a reasonable back stop at .0018
Finally looks like dip of the day is done. Loading up here.