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.
I hate people who say "I told you so."
With that said, BB did tell us so. He called it. I have noticed last few weeks that all of the main hemp/pot/cbd stocks seem to take a beating early in the week. IF those other patterns hold true here, this should dip again tomorrow, level out Wednesday, and rebound Thursday and Friday to end the week slightly higher than it did last week. Just saying.
ToG.
Still a better love story than Twilight.
Any idea how long that takes for a reply?
He is no different than the hypers pumping the same news. I think only reason sipc has stayed this high is investors trying to average down and cut losses.
ToG
Hey Shajandr! How are you?
As with all rookies I have made some mistakes, but dumb luck has kept me in the green. I am now seeing the wisdom of this board. I am still playing with the pinks, but aiming for slightly more steady and reliable than the trip zero ones I thought I was going to make a fortune on. Settling for smaller wins with a couple of longer term (couple months time lines) picks. Still hoping to make a living at it, but I have now set September as my bench mark. If I see decent gains by then, I will give it a go. Otherwise, I will trade as a hobby and find a real job once mine ends.
Thank you for your advice and for checking in on me.
TOG
I remember when I bought this at .0165 and sold it for .0194. made a small profit, but profit none the less. Now no one wants to touch it at half that price.
You know a stock is dead when there are no moderators on the board.
Yet, still a better love story than Twilight.
TOG
I am only seeing 3m on the Bid, and 155m on the Ask. That would indicate to me that everyone wants out, but no one wants in. Back to .0001 for this one until next spring. Wash, rinse, repeat.
Still a better love than Twilight.
TOG
Nice ploy, considering this stock has not broke .0002 in the last 52 weeks.
Thank you Arthur.
FYI, Most reverse splits take about a week for the new shares to be available for us to trade. Some glitches have delayed certain accounts for weeks, but those are rare.
Also, be aware, you broker will charge a commission for issuing the new shares. Most will charge standard fees as if you just bought the stock, but I have heard stories of some charging "Broker Assisted Fee" which can run upwards of $30-$60. So be prepared to get charged for being screwed.
Still a better love story than Twilight.
TOG
say a company has 500M A/S...they up it to 10B....does the price tank instantly, or only as they release the new shares?
Kent Rosenthal.....name shows up as CMO with UCPA. That name struck a cord with me for some reason and Bloomerg's has him listed as CFO with Allen-Vanguard Corp.
Any research on him?
BTW, Bloomberg's mentions no connection to UCPA.
Different people?
Thank you for pointing out the flaws in my posting style. Unfortunately, I tend to speak my mind and it doesn't always come out as intended.
The Investopedia link was simply as a heads up. GENERAL information only. I was implying that it APPEARS to be a REVERSE MERGER, (many of which have been done quite successfully WITHOUT R/S) however....as the article stated...R/S are COMMON with R/M, but not guaranteed. THAT was the intent of article. A head's up.
Research shows that past players in this ticker have been involved in questionable actions using this ticker. It seems to trade from one questionable character to another. "Chances" to pump and dump don't always materialize into pump and dumps. A successful con man does not run his con constantly. He has to let the dust settle so his chances of success the next time are increased.
I have seen too many of these boards bash the doubters and call them all shorters or bashers and disregard the information if it is against the ticker. I make it a point to state my position and intent for the record. If it is going to move, it will move regardless of what we simple posters say on IHUB. Even the con men don't know what is going to happen, but they position themselves to win. A smart investor does the same. I will position myself to win, but once I buy a position I have already declared it a 100% loss just in case I lose it. "Hope for the best, expect the worse"
Given the questionable dealings of the current and past owners (issuing unexplained stocks to each other, trading tickers to each other, selling tickers to other questionable groups) that tends to shed the questionable light on new owners. Are they part of this ring? Are they unsuspecting suckers about to get mired down in litigation with a new company from sources they were not told about? So much can happen that this is a crap shoot. With EVERYTHING in life, I go in with eyes wide open, knowing the risk and usually potential reward (I was surprised once with a far bigger payout than I imagined) and I ASSUME that there are others out there like me, who struggle to find people willing to help, but unlike me, who are unwilling to ask for fear of being bashed or made to look stupid. I try to keep all of my posts as informative as possible, without getting personal. I have been tagged a couple times for crossing that line, but not very often.
With that said, I would like to thank you for not bashing or belittling in your rebuttal of my posts and encourage and welcome interaction that leads to an informed decision on this ticker as well as improving my chances of successful trades.
TOG
And STILL a better love story than Twilight
As a way to start the research....
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141998626
nodummy did a great job with this one. It's a place to start untangling the web before you invest.
I agree Jaymeinnyc. If you research the people making the posts (which I do to determine validity of information and track record) you will be amazed at how many people totally disregard filings, court proceedings, etc and pump any and every stock they are associated with and then get made when the stock tanks.
Common sense and DD. I have made the mistake of going with the hype and not checking out a company before I bought....once. 95% loss on that one. But I learned and it will not happen again.
TOG
Still a better love story than Twilight.
Splash59, I was simply going off of what I read on Investopaedia. R/S are common, but not a guarantee. Unlike some people, I do not pump every stock I am associated with, nor do I bash every questionable stock. I try to present the facts as I know them, I encourage people to correct me when I'm wrong (I hate misinformation) and I have been known to gamble on questionable stocks trying to get that one or two tick flip.
I welcome any and all honest advice, guidance or corrections aimed at me. The only 3 guarantees I will make are:
1) I will do my best
2) I will make mistakes
3) Anyone making personal attacks will be lumped in the category of "Idiot" and disregarded as credible in my books.
Thank you and GLTA
TOG
STILL a better love story than Twilight.
Sad when you see people bashing the messenger because they don't like the message.
I have been paper trading for years, but naive me failed to get into the inner workings of stocks until this year. I DO have a lot to learn about terms, DD, etc. But I have good sources and a willingness to learn.
GEGP.....I see a one tick flipper coming from this, but given the players involved (past present and future) I believe this is going to be a R/S, pump and dump like all of the other tickers associated with these people and the people they associate with.
TOG
Still a better love story than Twilight.
Thank you nodummy. And research is the name of the game. I will research everything, before I decide to act or pass. From what I've found so far, coupled with your new names, I think this is a one tick flipper at best, but nothing to get attached to.
TOG
Checking some of my research...I started watching this one at .0001. Not sure if this new news is going to send it up or down
New to this board, but I have a reputation as the voice of reason. I smell a Reverse Merger here.....Just saying.
https://www.investopedia.com/articles/stocks/08/reverse-merger.asp
any DD done on GEGP, and ICE LOUNGE MEDIA, Inc? Icelounge is not publicly traded, but just acquired 51% control of GEGP per 8-K filed 7/2/18....
https://www.sec.gov/Archives/edgar/data/1081188/000108118818000011/8k2jul2018.htm
Also, looking for info on the new key players...
Robert Schlegal
James Kander
Thank you
TOG
PS....Reverse Merger?
Thank you loanranger.
How does a company have 500M A/S, but 1.1B O/S? Someone forget to update something?
BTW, RNVA is the company and these are according to OTCMarkets.com
https://www.otcmarkets.com/stock/RNVA/security
TOG
You have been preaching the same line for almost a year and the price has dropped from .0008 to .0001. Do you know the true definition of crazy? It means "Doing the same thing over and over and expecting the results to change."
Still a better love story than Twilight.
TOG
I flipped a coin (literally) and took Architect. I think I will switch over and try ToS next.
Thank you.
TOG
So when the Float and the OS are identical, that means buy as many as you can so you can watch them cut shortly in the R/S, right?
Right?
Thank you. I was wondering why it wasn't showing them all.
It seems to have straightened out, I just thought that was very odd. Still looking into the 4X 30DRA.
I have the Trade Architect on TDA. It only showed the one trade at 1.292M and no other trades. Even that trade is no longer showing up on Architect. TDA is NOW showing 83M, but they were a little slow reporting that, and why is Architect not showing all of that activity?
You are correct, I looked at the wrong column on Ihub. Thank you.
So still wondering why TDAmeritrade is so far off.
I ran a quick check on 30 different stocks I am watching ( for one reason or another) and so far 3 of them are at 4x 30 day, 1 is at 3x and 1 is at 2x. Odd for that many small companies to suddenly blow away 30D averages, with no major moves in their markets.
Or am I misreading this?
https://trade.tdameritrade.com/main.gm
Everything in the Millions. And the one trade that was showing on TDAmeritrade is gone.
So those traded PRIOR to open? At 4 TIMES the 30 Day Average I may be new but something smells fishy on that.
DIGX.....TDAmeritrade L2 is showing 1292900 shares traded at .0005 at 10:45:58
OTC is showing that one, PLUS 82M more shares traded.
That is a huge discrepency. Why?
Even IHUB is only showing 1.2M traded
Trip 1 and No Bid. Nothing left for the "Short Squeeze" I hear about and only way it can go down is to delist, and I hear that could take another 3-5 years of no filings, no PR and hopefuls pumping the stock on message boards.
Still a better love story than Twilight.
ToG
Simple supply and demand. I am starting a business and need money, you have money and are looking to invest it. My pie in the sky vision comes close to your pie in the sky dream so we strike up a bargain. Capitalism at it's finest. Pet rocks, were the result of drug induced hangovers and one absolute genius with the right product at the right time. Capitalism at it's finest.
Once the stock is out there, the company gets it's money off the bat. The very vast majority of transaction conducted on the market are one dreamer to another. I buy low, the stock ticks up a couple notches, you believe the stock is going up further, I get out and you get in. Just a matter of getting in low enough and getting out before the shit hits the fan. THAT is the rush of pennies. Scamming the scammers.
On that note, off to work in the real world. I will be home around 10pm CST and see how my gambles are doing.
have a great day all, and the best of luck to everyone playing the game. Except the house....I like to see the house lose.
ToG
I would NEVER drive rental cars....Prostitution pays better.
If this whole market is so wrought with corruption and scammers, why is it here? I can understand a group forming where bad business leaders get together to peddle their "dreams" in the hopes of succeeding, but if it is as illegal as I keep hearing, it should have been shut down years ago.
Someone could post that the sky is blue and the sun is shining, and I will go outside and verify it. I already made my one mistake of following the sentiment of a board and lost 91% of my investment. I won't do that again. I do DD, to the best of my ability. I use this particular board to learn from the gurus who seem to have mastered the art of DD. I do not know where you get some of your information, but I have learned a couple places to look that I never would have thought of. I know the odds are against me. I NEVER bet more than I can afford to lose. Which leads to my next question:
How much did you lose in the beginning? By your statements you sound angry. Could be from losing bigger than you wanted to in the beginning. IF you lost, I can understand you sticking around to warn off others. If you never lost, what brings you here and why stay? Not intended as a personal attack, but like I said, I question everything. I was once told "Everyone here has a motif. Basher, pumper or dreamer. Trust no one and do your own DD"
ToG
Why are all of these filings done in Nevada? More lenient laws?
Thank you for the advice. I will not let my wife see that post as she agrees with you.
I am NOT a pie in sky, rose colored glasses drink the kool aid kind of person. I have zero illusions about hitting the next big one. I am looking at playing the one tick flip game. SMALL amount invested overall, spread out over several stocks to keep individual losses minimal. Build up a little at a time and move the money to the long term established markets or Edward Jones. I have always wanted to try my hand at trading, and we are going into this assuming I am a complete nutcase and will lose all of the money invested. As I am NOT running a margin account I can not lose more than I have in the account.
With that being established, I pick the brains of anyone who will help looking for the best possible edge I can get in this rodeo.
ToG
Couple of questions for the gurus:
1) How does one "Highjack" a ticker? I would think it has to be bought and sold normally....
2) When shorting a stock, do you have to pay back the same number of shares, or the same value of shares? Ex, I am shorting ABC and XYZ. ABC splits, and XYZ R/S. Say I had 100000 of each shorted. I assume I am terrible at dd if I missed the signs, but humour me...what do I owe back in stocks?
3) When running a Holding Company, does your value ebb and flow with the value of the held companies, or how do you increase the value of the holding company?
I think that is everything for now. Thank you for your time and patience.
ToG
http://www.masimo.com/
left side, first article...
Irvine, California and Delray Beach, Florida
Masimo (NASDAQ: MASI) and Thermomedics, a PositiveID (OTCQB: PSID) company, announced today the debut and U.S. market release of TIR-1™, a non-contact Bluetooth®-enabled thermometer that integrates seamlessly with the Masimo Root® patient monitoring […]
Why would something like this cause the pps for BOTH companies to drop that day and the next?
ToG