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Scam or not, this is going higher, IMHO.
Thanks for all the warnings, and good luck.
Risk/Reward ratio is great here. It is *still* trading below its yearly average. Throwing in a couple hundred at these prices seems like a good bet, IMHO.
This will probably trade sideways for a month or so. But then it should pop, IMHO.
Highest volume EVER and still far away from the ATH.
Going to be a fun week!
Trading at an insane discount, lol.
What money? It has not even reached a yearly high. By the looks of it, most people got in around 0.007, so this is barely a gain for a whole lot of risk. It is also doubtful this is an end to the run. What is the chance of having no more PRs in the next few months? IDK, I wouldn't give it more than 20%. The most likely scenario is more communication, more PRs from here on.
Exceptionally strong. I was expecting a major pullback, but it just trades sideways. Multiday runner, IMHO.
These things tend to leak. The bleeding hasn't stopped, and the volume hasn't increased. So I wouldn't hold my breath.
So far, on this board, every single speculation of yours has been wrong. Every single one. So your posts are worthless. But you may speculate away. Maybe someday you'll get something right. Maybe.
Maybe is coming. Or maybe is not. You do not know. You are hoping. This could be another scam. There was a time when they wanted to do a merger with a scam company. That fell through, thankfully. Maybe this time they will find someone legit. Maybe. Maybe not.
You've been saying the same thing for months now. "Any day now". They don't care if Ameritrade restricts trading. That is not how they make money.
They are gone this week. Might be back the next. It can take a month, or it can take a year for something to happen. Spencer is old news, long gone. This empty shell has been sold to a new custodian. Everything else is just wishful thinking and speculation based on nothing.
So many noobs posting here... This is a SHELL company. That means it has nothing, zip, zilch, nada in possession. Until it doesn't. That is how the game is played. You invest in a ghost company that is worth only the time saved in paperwork that eventually someone buys out for real money to save them time. So you posting 'it is a scam', 'it is worth nothing' and similar gibberish, is just that, an unnecessary noise. We are betting that eventually someone with real assets and/or activity will buy us out. Will it happen? Only time will tell.
RNWF is worth more than 5 cents, IF this is true.
Hempstract currently worth $33.3 Million. If RNWF owns 91.35% of its shares, then RNWF is worth at least $30.4 Million. Devide that by 573,600,000 shares, and we get current value at 0.053.
LOL What exactly is looking good here? :)
Not saying this will not pop someday, but it has lost majority of its gains. So much for "looking good".
The story is 3 months old.
Is he going to merge with RNWF from jail?
How else do you load the boat when almost no one is selling? :)
There are no bones to the speculation that Costello is involved. There was some vague pump-n-dump article and ever since everyone keeps parroting the story. It could have easily been "Bill Gates has many start ups and possibly looking for a public shell". In other words, a garbage article with *nothing* to back it up.
A penny or two, maybe. Ten cents? That would make the company worth $86 Million, provided that they issue no new shares. I guess it all depends on the merger candidate.
r/BFCH_info new Reddit.
They specifically said 'update next week'. The week is not over. Where is a lie?
How can you claim it is 'lies' when the week is not over? You have to wait at least until Sunday. 'Next week' is not 'the next business day'.
If they said it to reload, then they wouldn't say anything at all.
This is a pink stock. Things go not as planned all the time. So when they say a week, multiply it by 4. When they say a month, multiply by 4. As long as it happens, they are still better than 99% of other pinks out there.
Went up too high too fast?
No filings, no revenue, and at 50 cents worth more than $100M.
Looks like it will close above 0.50...
That's a bit cryptic. Care to elaborate?
There hasn't been any dilution, it has slowly been trending up, and now we should be expecting more news in the near future. Sure, anything can happen, but it is more likely it will go up from here than down.
New "owners". All bets are off. Who knows when anything is going to happen. Could be tomorrow, could be in a year. Something will happen when it suits them best: have to find a merger candidate, sign contracts, file paperwork, etc.
Any takes on how high it *might* go?
200-500M OS.
$50-$200M projected revenue, $10-$40M in phase one.
Here is mine:
*IF* they launch with the first facility fully, I'd say maybe 50 cents-$1.00. A lot more if they keep their promise to expand.
idk, maybe?
So many missed opportunities and so many broken trendlines. Year and a half later of accumulation, change of hands, and there is almost nothing to show for it. A cup and a handle formation broken, golden cross followed by a collapse, 200 DMA broken, 50 DMA being above 200 DMA support broken, triple bottom of 0.001 broken. Maybe that's what they wanted - to discourage all the traders. I will make no predictions of what happens next, it's all a crapshoot now, but I doubt this was bought to run it into the ground.
I'll believe it when I see it. No legitimate company will merge with a scam. Would you? When there are plenty of clean shells out there? Maybe a "one truck company" will merge. You have to be really, really desperate to allow yourself being associated with a fraud.
What wise idea was to start a new scam from an old scam! Not. Easy come, easy go, eh?
It is *not* a new company. That's the point. A legitimate business is going to be taken over by a scam company? I think not.
A non-answer answer? How surprising. Where can you short pink stocks? How much capital do you need? Which countries and which exchanges/brokers? Thanks.
Could you please tell us where you can short a grey/pink stock.
Lots of us would make a killing.
Thanks!
I keep repeating that people *could* make money here. They just have to be vigilant and not bet more money than what they could lose. That is all. You won't see me screaming "fraud" and "scam" unless somebody else starts promising a pie in the sky.
Amazon has no profit?! What planet are you on?
At 2 cents the company would be valued at $12 million.
At 10 cents the company would be valued at $60 million.
At 50 cents the company would be valued at $300 million.
That is *if* the A/S and O/S are correct. It is possible there are more than 600 million shares out there which would further inflate the valuation.
A short squeeze of a company with one truck? I don't know...... I have only seen two short squeezes in my life, and of much bigger companies. I've also seen dozens and dozens of micro companies claiming naked shorting and expecting a short squeeze that never happened.
Let's bet on a short squeeze.
Better chances than a legitimate company giving up itself to a scam, I would guess.
Red flag: an empty shell merging with an empty shell.
What kind of financial transaction is that? You combine 2 empty dishes and what do you get? One empty dish.