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By watching the level 2, after you watch as many stocks as I have you develop a sense of when there is massive dilution going on or if it's organic trading.
You have to look for certain MMs and how they act.
Pred
Not sure I should bother responding to this since you didn't really read my post...
But here it goes
I said I dont see any dilution right now... i'm watching L2 and price action... I dont see more shares entering the market.
Of course going from 400mm to 13 billion is dilution (rolls eyes/face palms)
I almost can't stand this website anymore...
Oh and yea, if you have a billion shares and sell them at .001 or less how much do you make? What if you sold them at at .005? I think that difference matters to an investor... (face palms again)
Pred
This is correct.
However, due to the landscape of the of the penny markets today, often times much of float goes untradeable because of DTC issues.
So will all 13 billion hit the float? Maybe, but I can sure as hell tell you that right now, those shares aren't tradeable or else we'd be bidless right now...
Either that or they are holding for higher prices to take profits on...
Either way, I dont see any dilution right now and I'm happy holding my position.
Pred
Doesn't mean there is 13 Billion Shares out there trading. Based on the market action, most of those shares aren't in the market.
Like I said 1.5 billion or less in total volume since NERG was created. The float in the market is closer to 400 million IMO.
I encourage everyone to do their own research and DD here. Lots of misinformation out there.
Pred
Not sure how 13 billion shares could have entered the float when overall volume for NERG since INCEPTION is less than 1.5 billion...
Math doesn't add up here. There might be at most 400 million in the float.
Pred
Par Value doesn't mean anything to market pricing, it's just an accounting tool for financial reporting.
That being said, give them time. They got their ducks in a row with otcmarkets. That tells me they actually give a shit.
Long and Strong $NERG
Pred
Looks like someone was willing to sell their shares in the trips... Ask looking a lot thinner now!
Churn out the people who bought in the mid .000Xs and then we'll see .002+ next
Pred
$NERG another GREAT day! +100%
Volume increasing as well!
Pred
$NERG another GREAT day! +100%
Pred
$NERG another GREAT DAY +100%
Pred
Yes, as long as the L2 stays clean... which is looking very clean at the moment.
$NERG
Pred
$NERG moving on thin air!
Updated to current status today. Looks like things are coming!
Pred
NERG moving on THIN air!
Updated to current status as of today. Things are coming!
Pred
NERG showing signs of life!
Thanks for chart Pistol, Looks like if we can get through this .0006 level and up to .0008 we might have a confirmed breakout here.
It's moving on super low volume
Pred
NERG Skull and Bones REMOVED, CURRENT STATUS
Check it out, thinking something could be coming.
Thinly traded low floater as well
Pred
NERG Skull and Bones REMOVED, CURRENT STATUS
Check it out, thinking something could be coming.
Thinly traded low floater as well
Pred
NERG Skull and Bones REMOVED, CURRENT STATUS
Check it out, thinking something could be coming.
Pred
Looks like the company was working to get the company back to current info... BECAUSE NOW WE'RE CURRENT!
http://www.otcmarkets.com/stock/NERG/quote
It's a shame they let it get to skull and bones in the first place. Sometimes these small companies don't have all their ducks in a row when it comes to reporting financials.
But it looks like they have us investors in mind!
Pred
NERG IS CURRENT! Been waiting patiently for this day LOL.
The image of the skull and bones is still up, but the quotes are back and everything looks to be sorted out!!!
http://www.otcmarkets.com/stock/NERG/quote
Pred
That's some great DD there. Thank you.
Looking at the chart we are putting in a solid bottom. The L2 action today is also looking much better.
Pred
I dont think this is a scam by any means... the company has updated their filings to be current, but OTCMarkets is usually very slow in updating the status of a stock (from skull and bones to current)
They published the financials the first of this month...
This is just scared retail capitulating, based on the volume and price action and lack of dilution down here, I'd say we are at a bottom
When there's blood in the streets... you know the rest
BTW, been watching L2 for the past few weeks, whoever bought 15 million shares at .0015 and sold today at .0004 (they were using Etrade), OUCH! lol that was a rough one...
Pred
I count 11 million in sales there and it went down 4 million...
something is up
Pred
some weak hand just dumped their position, and the bid didn't budge!
Big money loading up here!
Pred
Retail investors running scared for no reason. I don't any reason to sell right now.
Pred
Things are looking better around here.
I said a few weeks back that I had a feeling the new year would bring some great things for NERG! Let's see it!
Pred
Big things are coming
The new year should be very bright for NERG holders.
Pred
I'll say this, these guys are smart... Oil has been hit hard the past year and when there's blood in the streets... BUY!
Buying up oil wells right now is a terrific idea.
Brains people... BRAINS
Pred
Authorized doesn't mean anything... It's the O/S and float
Until we start seeing heavy dilution then this is worth something... unlike the "shit" you're referring to.
I dont see any dilution whatsoever, all I see are scrambling MMs
Pred
NERG MM's are short! Low floater, can take off SUPER easy!
Pred
NERG MM's are short! Low floater, can take off SUPER easy!
Pred
turn around already happening... and by watching it, it looked like MMs were just trying to shake shares out.
This is a beautiful thing to watch on L2... If we could get some serious volume on this it would skyrocket.
Pred
Will get another run up today?
SUPER LOW FLOAT HERE!
Pred
This is a super low float, it'll have these swings.
The MM's are short on this, you can tell by watching them. This is a low volume walkdown trying to get people to sell shares back to them... it's textbook by MMs
If we can get bid support/more buying this will take off again.
Pred
MM's are scared! Bahahahaa
So Short!
Market Makers look scared!
I think they are short, if this could get some more momentum they'll be running for the hills!
Pred
Great to see that this company has life and it's breathing! Looks like the MM's aren't able to hold this down anymore, even with the small volume.
Pred
I'm willing to bet once company does come out with updates it might break out of this range... Hoping that I get a chance to load up before they do.
Pred
Yes, very thin it looks like
Pred
Looks like something is in the works, love stumbling across these types of companies. Let see if I can get some cheapies here
Pred
Looks like we got a mover here? What's going on?