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.
well, you and I have Pmed about this and I understand your frustration. but to be honest, I disagree with the entire bearish thesis and you know this, since ....well on UBQU since TODAY. but in general since 2021.
look, ballas has no control on how the bid loads. and honestly, if the thesis of Ballas is dumpuing any chance he has, he had days before the last 800M dump
promises and releases of news. he did it. it's here. sure there were delays . delays happen on much bigger stocks than this one. in fact, in my opinion ballas makes a MISTAKE where rian cohen and adam aron do not make by claiming deadlines. the big dogs break the news when its ready. even when Ballas DOES deliver, you guys aren't happy. at this point as I reiterate, if I was ballas, I would be doing exactly what cohen and aron are doing. focusing on keeping his business alive. at this point, unlike amy and jimmy, his "loyal shareholders" some of which I remember from 2018 dissing on the stock back then, hate him. I wouldn't focus on them. in fact, If I were ballas and I do believe ballas once wrote if you don't believe in the company don't buy it.
but at this point, if I felt as negatively about UBQU especially as I'm seeing these excellent benchmarks hit....I'd sell.
yes, in 2018 there were some PRS released, and we dropped from 0028 to trips in days.
you have mentioned to me that you were told the narrative after hindsight in 2020.
the CONVERTERS were dumpiong the first 10B before BALLAS could so he had to dump some of that 10B A/S or the converters would have left him high and dry with no cash....very similar to now.
again, you are hinting that this pattern is just 2018 all over again. Jimmy releases a PR (and jimmy is NOT writing these prs now, that is obvious to me) and then Jimmy dumps. oh the idea he'd like a pump but he can't get one but he dumps anyways.
well a lot has changed. he might be selling A/S directly to humans instead of MMs , hence the 000098. or the CONVERTERS might be dumping. we'll see in the fins if 300K is reduced from the debt. any proof it's Jimmy doing that? nope. we need to see the original convertibles contract. regardless, if conversions happen, Jimmy doesn't see that money, he sees debt forgiveness.
also what's different slightly from 2018 to now? and 2020 to now? in 2020 joey B and I mean the guy in the WH was having jerome blow trillions into banks which were quant easing and every stock shot up. free money everywhere. we were lucky and probably squeezing a bit to see 0025 and of course the converters were like yummy yummy sell that down and since we were at trip 1 before the run, jimmy gets effed with only 50,000 debt forgiveness per billion. maybe a little more.
now, we've got nighrmare inflation, quantitative tightening (who knows? money jerome blew into wall street blew into UBQU finally is blowing out of UBQU now) and with more horrors to come. the rate hike coming tomorrow won't be +8% which would send markets knifing down, but that's the only real fix, so whatever the hike is, we'll be lucky to get a dead cat bounce at best.
so at this point honestly? the claim jimmy is dumping A/S to O/S is the doom of ubqu to me is just poppycock and its very clear this stock moves based on factors stemming all the way from the S&P to the top meme stocks. and that future short term is down.
also for all this idea that it's this laughing evil jimmy dumping shares....if like...folks outside this forum believed that? why do we even have a solid BID today?
and where did that 800M sale go? did we drop to 400M bid and all of a sudden some new (fool) stack 800M back?
not rinse and repeat. same nightmare but different buyers perhaps.
as for release the fins with no sig diff in financials. yeah next one will come, and since it wont have sales for any new pumps in the products and websites, i'm expecting the same 15K PROFIT maybe a little more.
but the profit isn't the biggest problem. it's the toxic converters and the debt. as those who like to believe this is evil ballas at the switch the fins show that money flows to the BONDHOLDERS. GPL is still in the game (lawrence isn't) and another I think it's called apex dunno don't care. the point is that the fins getting released do show how the A/S is trimming the debt. that's what I watch like a hawk.
the chain of the toxic A/S converters will be broken when Jimmy can pay that debt. until then, blaming Ballas and mocking ballas might make folks here feel good but it won't do a thing to change the realities.
we are going to see if UBQU can increase sales. once they do, how will they deal with the debt and monies generated.
and lastly, as always when you were as optimistic as me before you bought this entirely crazy rhetoric of same ballas same company as 2018....we should always ask who is selling who is buying. so far it seems each dilution bond holders are selling.
but now who is buying? last time nobody stepped up again and we were at nobid for a day.
then the MARKETS and MEMES had that bear rally and poof we were looking as bid 1.5B and ask 1.09B. if trend had conitnued, it was possible bid under 1B.
I would claim the chain that is breaking is my belief that Ballas has anything to do with the PPS action or dilution.
you are correct in one thing my friend. the outside UBQU world isn't listening to bearish words written here. my guess also not the folks who bash corporate UBQU twitter. because the buyers whether human or bot came back in.
as always my friend, sorry disagree with this horrible bear thesis that ballas was a crook in 2018 and its teh same business model now. the website and the new PR about offering massive sales tells me they are trying.
I do think at this point preya flat out told him to stop giving a flat damn about the people who want to goad him into waving a magic wand and turning a company that was truly not well managed into a wonder overnight so they can dump their stock. or give the magic strategy. he can't first it's a SEC violation and you know you and I had a "friend" who wanted to burn UBQU with the SEC. Ballas has a lot of folks demanding he commit acts that adam aron would never do since the SEC is watching that guy like a hawk also.
Indeed, all of these guys should go to preya, and preya is going to say in a nice, professional way or at least I hope in a nice professional way, 1000 words saying nothing except
"hey if you hate the stock and don't believe in us, sell and go away (or pound sand) , otherwise, stay tuned and look at what's happened so far"
people aren't buying bearish words on this forum any more. 4-5 million apes know the play, and I'm sure I'm not the only APe in UBQU also. and we're buying the trend now that has happened for over a year... a bunch of stocks are tied on citadel's algorithms. in fact algos for all the big houses move the markets, not retailers. UBQU tends to trend more with Movie and Game than with the S&P but movie and game tend to also moon when the S&P is green, tend to struggle when the S&P is red. same with UBQU, in its small way.
sadly, the S&P is going to be red I think for a long while.
but, that will change. if we were still having the fed blow trillions into teh banks, we'd probably be at 0030 right now even with teh dilution. but we aren't we're doing the opposite.
as always my friend in investing I'm glad you are holding. but I just don't buy the "ballas incometent criminal dilution" theory any more. even if the converters were cut short and the O/S stayed forever at 24.5B from now on, dilution to never return, tomorrow UBQU would maybe get a small retailer fomo, and we'd then move down again I believe once the S&P heads towards 3400.
sounds grim doesn't it? grimmer than the ballas criminal dump even lol. but not to me, because all major markets turn around. all stupid admins are replaced with ones willing to take the hit. we will get another voelker who will smack the rate hike with +10%, which at that point will drive ubqu to nobid (big deal right now) tank the S&P probably to 2900
and then the buying begins. the money rushes in. you can only short any stock until someone says this is a cheap value buy.
since UBQU isn't a dividend stock (yet), at this point one could theorize why buy it at all even if ballas hit the 100M PGM target.? so what if UBQU's coffers are bigger.
that's the thing with growth stocks, they go up or down because of the buyers and sellers speculating on where the PPS will be in the future.
heh, but I would love it if UBQU could offer a divie. maybe once the partnership with GDET is done. if they did, we'd find out how many naked shorts are on the stock.
and there's that part too. too many penny stocks out there with a bearish sentiment very similar to the one that now you embrace. all penny ceos are scammers and criminals or incompetent. any stock in trips proves its horrible management right?
so it is not hard to believe that MMs in the name of market liquidity and helping buyers get their shares...naked shorted them in all the penny stocks, including UBQU.
all those possible nakeds at the DTC. needing to cover. maybe that's why the bid bounced back, maybe 800M or more still need to be covered.
if UBQU symbol changes, before they can change the symbol with all brokers for all holders, they need to make sure there are no fail to deliver naked shorts out there.
why the holdup with the OTCM? why are we so focused on ballas incompetence and evil when the OTCM hasn't updated the float and it took them 2 days after getting current to remove our limited, and it took them 2 months to update the "held at DTC"
could it be that the lesser vassals at the OTCM realize that by the time they can move from their 100K a year job to the hedge funds those hedge funds will be bankrupt? could it be because they are government workers they are just lazy, or just don't care because to be honest, they've got a lot of commercials to shoot making fun of people who play "meme stocks" which is unethical for the SEC OTC to do and probably illegal.
sorry, I don't think the dilution chain is goingto break for a while. but by the same token, i don't think UBQU is going bankrupt non current or to 0 for a while, unless kenny wants to drive it back to nobid, and I'll buy more if so.
but by the same token, because I believe UBQU is being manipulated by forces far stronger and more sinister than any James A Ballas, it will be a while before we move up in PPS even as we continue to break great PR. and the fundies and financials short term do not matter to me. I really do believe if we say, do a surprising 100,000 additional profit next fin, we'll maybe get a few whales to smack 800M of the ask.
maybe the MMs move us to 2/3....and then....the next day....wham, the converters sell us back down to 1/2.
but that will change once the Mms no longer are in control. I believe UBQU will have better fins before the MMs lose control of the PPS tho.
sorry for the long response, I understand, not much to be optimistic about.
and yeah I seem like an apologist for Ballas....but he is really just the guy who has the most risk in this play and really the only way he can make UBQU PPS go up is take advice from folks who understand the giant corruption that is the stock market and its manipulation of his tiny company. I hope and believe he is doing just that.
I hope Ballas has dropped some of his narcissism, and I hope some smarter, cooler heads, (I claim Preya but I don't know but I believe and hope there are cooler heads advising him)
and I hope those advisors have told Ballas to 100% ignore this forum, and remove any spies he might have watching this board.
It's clear to me he doesn't have any true fans of him or the stock here.
since the new website hit around June 10th, the next fins will reflect the previous quarter. even if there are huge increases in sales from the new website, we won't see it in the next released fins I believe.
but I get the gist of what you are saying.
as for having enough time from 2014 to be here now, well we all have looked at all the companies in the market. all of them have angry apes who expect immediate results. and with the headwinds I believe are on UBQU those we didn't expect to be hostile towards it in 2018 and those that are all too open about it now, I kind of do believe that it would take this long to dig this, and any business heavily attacked with an interest that it visit 0, out of the mire.
as for the sentiment of "too little too late"....well we're here, now, with these new additions. and I am actually very bullish about the free membership offering and 40% discount across the board. again, it's the wal-mart tactic.
when the economy is down, cut your profit margin to razor thin per unit.
but but bluey, say those who hate bluey "we need the profits now so Ballas can pay the debt and pump the PPS"
but at this point during a down market, if UBQU drops its margins to razor thin, and the other CBD gummy companies do not. (similar to wal mart) then the consumer goes to the cheapest prices for equal quality ( and cannazall has improved in quality), thus increasing their profits by selling more units.
also this causes the competition to fold, and if UBQU increases sales in units, it also causes more of the profits to cycle back into production, delivery, etc. and the profits are made up in volume.
of course, eventually this model hits a viral breaking point, and the debt can be adressed.
of course, there might be plans to hit that 1.6M debt other than just move more units and slowly pay back the debt, as I've mentioned to nickel and dime overpay the toxic convertible debt is not the smartest way to go.
I'll still want improved profits and debt reduction next fin. hoping for about 25K profit, and 1.4, 1.3M thanks to all the A/S being converted. but not expecting to see breakout next fin. the fin after that I'd expect something....
at this point UBQU probably being led by NOT ballas is building a loyal CUSTOMER and SALES base. with that, and especially witht he weird replenishment of the bid, I am sure the share buyers will follow.
100M PGM? yeah I scoff at Jimmy B with you scratch. but I've seen wilder things, like those two bankrupt companies turning into multi billion dollar companies with 1B dollar war chests. who knows? by 2025? yeah possibly 100M PGM. short term? maybe back to 4M PGM a year.
It's going to take a while to get retailers to slap the ask with crazy abandon. but in my opinion, it's a good thing we settle down here for a while while the fundamentals of the company truly improve. and something weird with the 000098 sells IS going on. is jimmy under preya's advisement undercutting the MMs like CITADEL and VIRTU and the converters, and direct selling to more and more venture capitalist...humans? possibly. only reason atthe moment I can fathom why the bid isn't like...400M right now. and at this point, the less the toxic converters are in the play to help ballas "raise cash" (of course this dilution problem started in 2018 its not like it's a fresh thing) the better.
either way, if the MMs are getting cut out of the dilution trade, imo that would be a good thing. if humans own 100% of the float, regardless of its size, humans start to determine the bids, the asks, and 100% humans in it their goal would be to drivethe PPS as high as possible because no UBQU human who wants to make money buys the shares wants to sell them lower.
I don't know about 2014, but this is definitely NOT Hemp life today's 2018 company in my opinion.
and finally about what the market will say. so far, the only anomaly I've seen from being tied to the memes is this weird 000098 action followed by the bid replenishing. the memes ARE up today so maybe MMs stacked the bid based on movie and game being up.
my thoughts are our fins will come out, maybe if 2 fins from now for Q3 (isn't month 6 like just before Q3 begins) come out and profits knock the socks off, well then we might rip. other than that, I really think we move with the memes.
I will give the distrustful sentiment this. if it does show massively increased sales, but stagnant profits, and no true infrastructure investment in tangible things, then yes, sadly that means continued mismanagement. but if say the money is used to repay debt or reinvestment in tangible assets such as warehouses delivery or increased inventories, this will continue to be looked at like a very small growth company.
now the question is for me, why is the ask so low and so much? 1.49B.
I can understand why so much if:
- the buyers are trip traders and trying to get 100% and their initial bet back
- the company is super overshorted and the shorting entities (MMs) want to psychologically upset folks like you and me that this thing 'will never run'
- I'm wrong and there are a bunch of panicked retailers who instead of just dump selling are stacking the 2s hoping in months to years they can get out at trip 2.
- algos run this stock, MMs do have plenty of shares long, and well, markets SUCK right now so their robot minds say UBQU lean towards nobid.
I thought the 2nd, I now strongly believe the 4th, and the 1st one is starting to look a tiny bit more realistic to me.
I so expect more A/S to be sold, sadly. down here. but at this point not sure I mind it as much. it might not be benefitting the toxic converters and it is very clear that an effort was made to improve cannazall.com regarldess of a sentiment too little too late, it was done. it's here, and I'm anxious to see how it plays out.
yesterday 800M sold to supposedly 000098
today the bid rebounded surprisingly from what we should have expected, about 1.3B
but what surprises me is how the ask has risen, to 1.49B roughly 400M more than it was before the 800M dump.
placing half of 800M acquired at 000098 at trip 2 looks like something a ....trip trader would do.
looking more like whomever bought the 800M yesterday at 000098 wasn't a robot.
then again, an A/S direct from UBQU to "ballas' golfing buddies" would seriously upset an algo and probably make it stack the bid if that were the case too.
regardless, since 2017 I haven't seen any behavior similar to this where massive dumps happen at 000098 and then we see the bid re-stack, especially in a very weak market.
another thing this does, is hurt the bear thesis that this is just some share dumping money game for ballas and some insiders to just dump shares on US and pocket the money in some criminal or unethical action.
the company is acting like a company that back in 2018 had....4 products, branding that made the product look like it came from prescription bottles, a website that looked like it was last updated in 1992, and a slow clunky transfer machine, and it made the mistake of chasing the crypto craze of 2017.
and now it's a company with an attractive website, bottle labels that are more attractive than the CBD they were pushing at kroegers, much more vibrant transfer system, chasing crypto again but much more smartly (and at this point crypto is here to stay and no retailers really think bitcoin is going to 0)...subscription system, ambassador system, a great website, and chasing a previously untapped market (europe)
many folks on this site said Ballas was corrupt in 2018, and the model hasn't changed in 2022, it's just ballas at the switch dumping shares.
all these new developments tell me Cannazall.com is here to stay.
so the one question I have for preya is "already filed for a new name and symbol with the SEC/OTC?" if she can answer, I would bet he answer is "yes"
anybody who has shorted this stock and hasn't covered yet imo is in a bit of trouble.
perhaps. but move more product? yes! more volume means expanding microeconomy for ballas his laboratory his distributors his warehousers.
also even though the "subscription" is free? it's a subscription model. netflix got HUGE on that. also amazon etc. of course their bubble has POPPED but we're on the ground floor....since we're in at the ground floor, if UBQU bubble pops at .....10 cents rofl....oh nooo good problem for all of us to have.
and as I floor wrote .....the point here isn't to gouge employees or even make more gross profit at this time. it's to build the brand and increase exposure of Cannazall. of course when Jimmy B says "we're going to be a 100M PGM company" even I went SCOFF! you are presently doing about 240K PGM a year! no way I see the leap with your present business model.
...
NO WAY I, bluey, see the leap. but I'm not a visionary like preya....and I also listen to the siren lies of wall street saying the company of the past is the company of the now therefore if we wall street hate it YOU the investor must hate, jim cramer get in there and SHILL....
so even though I scoffed at the beginning, I've now seen some squeezes where a penny stock movie company staring bankruptcy in the face this week will now jump from teh top stock in the russell 2000 to the russell 1000, another brick and morter selling game cartridges in the era of computer gaming digital platforms, where the CD ROM drive now is only on "ancient" computers....that company went from bankruptcy to cash flow positive with 1.2B earnings a quarter and is taking the amazon-growth model platform.. it's on the russell 1000 and if it squeezes again, watch out for the S&P 500 for that one.
so can James ballas keep his promise of 100M in PGM?....don't think it's going to happen pre MOASS for various reasons...too many headwinds. but eventually,
well I'm obviously an UBQU BUll, but I wouldn't bet against UBQU doing 100M in cannazall sales yearly before 2025...
my thoughts on the near term awesomeness of this....is the free membership is great....the 40% discount is great...it might cause some customers to feel comfortable enough to AUTOSHIP.....constant order, constant pull from the credit card until they cancel the autoship.
once UBQU can start to see a more reliable stream of orders, they can start to have more freedom on what they can do with the increased profits.
to be honest, I don't want adam aron to take his 800M remaining and slap his 5.1B debt. the haters on that stock would just say not good enough and look smaller war chest.
so even though I crow with UBQU hey throw every extra penny at that debt so one day you can kick the converters to the curb cause fomo in your stock and undilute this pig?
I'm not 100% sure that's the smartest way to go if they grow. if they DO undilute the pig, they need to get 1.6M dollar and just END the converters. no drop in the buckets forever.
as I said before, it would behoove Ballas to cancel A/S but hold 1B A/S....and just hold it. for the next fomo run. many investors who are playing movie and game BOUGHT the stock happily when those two companies diluted because long term they knew the bigger the war chests on those stocks the more they could ...well do waht they are doing, growing, succeeding.
would UBQU whales be willing to sell ballas his last 1B A/S at say .0050?.....that would be 5 million dollars right there. then he could pay off elon or the bank or whoever bought the 1.6M leaving at 3.4M war chest. never needing to go to the well ever again with another toxic converter. could perhaps buy another cheap condo for the west coast....store a bunch more product there....making deliveries faster. for hubs of subscribers in a local area near a hub....buy a van...hire a CANNAZALL delivery driver.
you get the picture. yeah 100M could happen before...I die rofl.
yeah without checking the UBQUfloor I wondered why the bid and ask are increasing. nice update.
yeah, I'm buying the products now, might as well get a yearly membership!
for shareholders, previous customers.
it's the wal-mart tactic. take less profit, do more volume. do enough more volume on the reduced profit per unit, might still make the same profit.
but....do more volume, get more eyes on the business. get more word of mouth, get more exposure.
go viral.
this is a smart move by cannazall. very smart imo.
hmm fascinating.
5 minutes typ for OTC updates on PPS, but it opened at trip 2 with bid 1.26B ask 1.25B
we definitely moved 800M yesterday, if all sales, I expected a bid to be at around 400M-600M at best.
oh well....fascinating. day is way too young to make any predictions for the day based on that.
rofl. back in my snarky days on this floor, I used to joke that one would need cannazall to deal with the stress of trading UBQU.
interesting morning development. UBQU OTC has the price resting ...again...at 000098
more selling ballas direct A/S to his "golfing buddies" ? more shenanigans by the Market makers where they bypass all our retailer bids at 0001 and close the big sales at 000098?
honestly if it was Ballas' intent to sell as much A/S as he could I would have expected the 1B+ bid to get hammered as soon as it jumped up 3 to 4 trading days ago, during the Bear market rally
instead we have these huge hits take place during the reddest days of the S&P.
I don't think the near term future for the PPS of UBQU looks bright, but I really do think the LONG term future of UBQU PPS looks bright.
at this point, the Converters are in a bad place, because their original MO was to wait for a run, sell as much A/S they could at say....8....pocket 800,000 at 1B of sales and FORGIVE only 50,000 of ballas' 1.6M remaining debt.
wonderful for converters, horrible for UBQU and who would be blamed for the dumps? why ballas of course, causing retailers to capitulate driving the PPS as low as possible thus making sure that 50% of that lowest benchmark would be the "forgiving debt" price, regardless of how much the converters converted at the run.
so at this point If I were james ballas, I'd be trying to convert as much of the A/S as I could with as many "golfing buddies" as I could at 000098, pocketing that money, and turning to the converters and saying here ya go boys, 10% yearly interest, plus some overpayments of principal just like a normal bond overpayment.
of course I have no surety of what's going on with these sales, except since I do have a bid at trip 1 anything closing at 000098 under my bid and not filling my bid, if done by MMs is unethical at least and probably illegal but hey, worst thing the MMs typically get is censure and a minor fine, much less than the profits done by shenanigans.
Not sure the next financial will see the revenues from today, June 13th etc with teh new website. but one or two in the future, we WILL see what shares got converted and by whom. and the remaining debt, which was 1.6M before. if profits contine to stay steady or even eke upwards (minus new products) and debt continues to reduce I'm hoping by about 200K to a 1.4M debt target, I'll be ok with the direction UBQU is taking.
today looks like we might have a dead cat bounce day on the S&P. but my outlook for this month and especially this week is grim.
with that being said, if green today, we probably won't turn over to nobid, and stay with tiny volume.
but once powell speaks tomorrow and the next rate hike is mentioned, I anticipate another market wide selloff and then we go to nobid.
I kind of expect the bid to be 200-400 million on open, so because of this move and some retailer fear and some momentum on yesterday's panic, I'm not 100% holding to my theory we don't visit nobid tuesday morning. but with all this being said, UBQU looks better than Pink. It is communicating with its investors no matter how angry those investors might be. like all companies, it has a LOT OF HEADWINDS including the fact that half of its "investors" hate the CEO and hate the stock to be honest, plus the SEC, OTC, the bond holders and MMs never liked the stock since 2018 (it wasn't until NOW we realize that it went back to 2018). so, imo with all these headwinds I'm amazed UBQU is still even standing in these markets.
And lastly, it has definitely upgraded the product, done a fine job of rebranding, has reached out to new markets (europe) no matter how crappy that new market's economy might be....in essence, increased the probability from near 0 to 1-5% of going viral. Once viral, all past financial models applied right now to UBQU go out the window.
I don't think we'll see the "positive catalyst" of legalizing MJ in the USA will happen this administration. but imo that's bad for stocks like tilray canopy growth and aurora, for a company that has focused on non-THC CBD oil...even legal to buy and ship to ...texas....(all 50 states) the more they keep the lid down on THC the better in my opinion. and of course, I am sure that becaue of euro markets, UBQU is designing lines of THC products ready to go in 2023 to europe, and in the USA the second my theory is proven wrong.
if they did legalize MJ, we'd get a news catalyst bump across the markets, perhaps some of these larger stocks would squeeze....long term I don't think it will hold because the fed government already taxes state legalized MJ. and from what I've seen, the local states have their own in state brands that the local users prefer. it's the microbreweries destroyed big beer syndrome.
the good news for us in UBQU is that we're already at the bottom. so regardless of all these predictions I'm making, we have nowhere to go but up.
in the end, imo, Ballas should be doing everything from mortgaging his house to begging elon to buy the 1.6M debt and re-finance his loan at 4% no conversion with papa elon, and paying off the converters and ending their play, anything to squeeze the converters out of the play. then when I see further A/S come off the top? yeah, then I'll want to know why UBQU is doing that.
and after that, no further loans. oh Ballas could keep 1-2B A/S after a cancellation so if he got a fomo to penny......HE could sell that last and make a war chest. I'd be ok with that. same thing happened to the biggest memes in the play today.
but as long as the dilution pig continues to sit here, and if Preya and James are reading this, yeah, none of the normies are going to fomo into this stock again. no matter how good the PR is. I think at the very least a trader like Preya gets that.
but at this time I don't think they are hoping to get us retailers to pump the stock regardless of their PRs, I really think they are focusing on increasing PGM to 100M (if they can) more the striving than my belief they can achieve that.
gotta go soon for today, but I'm not leaving the UBQU play.
ok, fundamental wise I think we are great. that 800M of sales today I doubt was because they think UBQU is a dead cat.
if a converter they wanted to stiff Ballas with 40K of debt forgiveness and try to shake small hands further out of the play.
but if it was algorithms, sadly we have a LOT LOT LOT of BAD catalysts ahead for the markets. sorry folks.
- next GDP report comes out most likely we'll officially be in recession. that will cause further fear selling
- powell talks about rate hikes. everybody thinks another .5% if so we might get a dead cat bounce on the markets but at this point, to really fix it? we need 1% or a voelker sized 8% rate hike and just crash the markets short term. that ain't going to happen but 1% could which will just tank markets and tank them again once it DOESN'T fix inflation ,....again.
of course there's also hedge funds failing so further selling as they liquidate.
the one thing in our favor? gets bad enough and the meme stocks MOASS. and if I'm right UBQU gets the table scraps but for us that means like.... .01
so short term, I hate to say it, if everything continues to go the way it has been with the S&P, I do expect a hard no bid on UBQU.
but I'm prepared to buy if it does. as Pennies & Crypto said, this website and products really will make more sales coming into UBQU. they will have SOME new revenues they ddin't have before. some will go into debt repayment or further LEGAL BATTLES with the OTCM which hates UBQU and GDET.
the cat only looks dead to me because the forces that are still much more powerful than we retail investors are want the cat to look dead to me.
and I ain't buying it. I'll buy UBQU at 00005 instead if they want to drive it to there.
maybe someone can. won't be me.
honestly if I were to ask preya a question. it would be this, and if you wish to ask it for me , please do I hold NO copyrights on my questions.
"Has UBQU applied for a name change already with the appropriate agency who presides over Name and sybol changes?"
honestly, the reason I don't bother to ask a damn question of preya or UBQU or any stock to be honest, is because the answers adam aron give, rian cohen give, and now preya gives all say NOTHING like mayor pete who says 1000 words and nothing.
but they all have an underlying theme, all of them.
"look if we told you our plans to squeeze any stock and throw off the shorters we'd be in violation of SEC rules and we'd get delisted at worst"
scratch used to tell me who was biggest on Bid and ask
most of the times if not all the times it was between CDEL GTSM CTSI and one time VIRT
of course, the ask didn't go down, the bid did. so probably today was a converter.
so there, no need to ask preya I'll take my best stab at it.
but if converters converted 800M more today, that's 40,000 forgiven off of UBQU's debt. I know, sucks to be UBQU because that means probably another 1.36M to go.
though.
faster the converters get kicked to the curb and OUT of the play, faster this BS ends.
I've shared my strategy. so far my theory has not deviated. the markets are crashing. even on good PR , UBQU is selling off.
since We are close to a hard no-bid, and in the past I've found little 25K brush buys can net shares bought on the half trip, I plan on LETTING the big dogs crash ubqu as they write in pain and buying more UBQU at 00005 if they want to sell it to me, knowing It costs me NOTHING to hold while those Mms and hedge funds have investors themselves which are angrier than any UBQU ape at ballas! most of these funds are down 21% or more much more. those millionaire investors are ready to pull the second they can, which it will make worse for those funds.
UBQU now has seen 4 nobids since 2019. it hasn't bounced back past trip 3 but of course, every time it has moved with the S&P and meme stocks
since I'm sure the S&P and meme stocks will recover (could be 2023, 2025...ugh) but I'm sure they will recover. I'm going to buy the TRIP ONES...and continue to hold.
probably a more detailed answer than preya would give or can give. but there ya go.
just curious, any of the UBQU longs on this forum going to sell into the 1s tomorrow?
as always, I highly doubt human whale retailers holding 800M shares decided at the last minute to capitulate today. so to quote one of my good friends, I'm riding this one down to 0 if I have to.
if my tinfoil hat is correct, MMs just got a 800M bailout. note that it's 807M....we were at 7M volume then wham, 800M last 10 minutes.
some market maker just got to cover 800M of naked.
and to be honest, I'll be curious how big that bid regrows itself as we go through the week red or green. all I can say is I'm definitely not selling nobid or strong resurgence of bid.
also I think even if say, CTSI or CDEL just got to cover 800M of naked shorts on UBQU.
I think that 800M is just a drop in the bucket on this ticker.
yup. another 500M very end of day.
a human? a human baggie who said ok enough of holding even through the positive PRs and updated website I'm going to capitulate at the very end of day, on the reddest day EVER take my 50,000 dollars and go ....?? lol
ok we might be at nobid this week. but at this point I'm thinking that was a hedgie who COULD use that 50K for their margins, following an algo.
probably more likely a converter, well ballas just got 25 more K forgiven on the debt. if ballas direct....well probably not. we saw that 000098 move and it wouldn't have been in the last 3 minutes of trading.
the last 3 minutes of trading tho with every sentiment about the markets saying the hell has just begun for the S&P, tells me I lean more on the algorithms. which were as usual on these fear days selling everything dialing it up to 12 in the last 10 minutes of a fear day.
ok I was hopeful mid day that UBQU was out of the hell while the indices would continue to suffer. ok I'll admit bing bong I am wrong on that. UBQU will continue to move with the memes which at this time are being slapped along with the S&P.
but overall, for me, that just means if they want to hand us a hard lockdown nobid (which they didn't last time but of course last time we got a bear rally) ....I'll be slapping the 1s.
this movement is opposite what I'd expect based on UBQU's PR if we were in a green market we'd be moving up not down.
definitely if UBQU can trade after hours, those aren't humans lol.
at the time of this writing, I see 357M volume, looks like it closed at a hard trip 1.
bid 1.27B ask 1.17B
now, S&P went to hard -4% bounced to -3.88%
memes everything but red box got slaughtered and red box off of its highs. Memes did better than when they were shorted with mad abandon.
some youtubers think powell will continue with .5% rate hikes and TEMPORARILY we'll see green indices again and the algos will make UBQU a little more bullish.
the markets are risk off, thinking that .75% or 1% rate hike to see if they can REALLY curb inflation coming. and then S&P 3400 and then if this happens, UBQU nobid again might become a reality. all depends on the algos now.
if any of this selling turns into more A/S to O/S later. well, if it shows up in the future financials 1B of selling to 1s, equals 50,000 of debt forgiven on the 1.6M debt before. that sucks to be sure, but I don't think ballas has control over the converters any more. and any debt forgiven means less interest and eventually UBQU being debt free. the fact that it happened on a slow RED day, tells me that the sellers are getting desperate. good. I hope the shorters and sellers are desperate. that selling won't get me out of this play.
if it was ballas selling DIRECTLY 300M to some 1 investors he just put 300,000 dollars in UBQU's coffers. which....honestly I expressly doubt.
but regardless. if I was right and Non humans held even 40% of this 24B float? and ballas was DOING this. oh how pissed they'd be. they'd sell
so again I'll reiterate that now I believe scratch 99%. that humans own this bloated, stinking, 24B bag of shares.
but I'm still going to spin that as a positive.
because that means still 1.17B humans (and MM DESPERATE to close their naked shorts) are willing to BUY into this play.
and if scratch is 100% right and the Mms don't HAVE shares to sell when I do a teensy 25K slap or next fomo we start seeing some whales making 10M-100M+ slaps of the 2s....maybe doug cifu naked shorts a little more. fine by me.
today was a bloodbath in major markets and UBQU is seeing selling equal to ....1/3rd of a typical "fear" day for ubqu.
still thinking overall it was a good day for UBQU.
still haven't had my millie GTC at 1 filled, wont bid more cuz if these jerks wanna manipulate UBQU to nobid for the fifth time, then I'll start slapping the 1s hard and probably get some juicy MM 00005s (got 50K worth of 000001s back in early 2020) . until then, we ain't going to nobid until they can get the spy under 3400. so not 100% sure we're going there for sure.
another 100M sold. yet teh BID stacked up before.
eh hope you are right and if human they put that money in movie game or red box.
but based on how the BID is stacking as "fear" is acting....market makers. totally market makers in my opinion moving around money as the S&P breaks -4% this is the FINAL FEAR COUNTDOWN for today and the rest of the week is looking grim for powell, and the white house.
man, c'mon MMs as you fail. fill my 1s. I've given up slapping the 2s with a feather today.
greatest trasnfer of wealth imo. coming on UBQU and a lot of other tickers.
still 12 minutes so I might eat these words. I doubt it.
bid went from 1.3B to 1.417B
I really think today's moves are the ALGORITHMS finally reacting to the last downward DUMP of NOT UBQU but the S&P to which they intended today.
nowadays the 'fear factor' on UbQU happens at the end and after 2PM eastern because that's when the MARGARIN calls happen for ...the big actors...MMs being big actors.
anyhoo didn't get my 1M bid at 1 filled. didn't expect it. doubt ballas needed 25K lunch money after the PM and if the converters wanted to forgive ballas 12,500 in debt, shrug. ok. hope UBQU apes were dip filled.
will copy pasta my PM reply to you, edited so it doesn't mention tickers etc
my platform still show volume at 57M but I'll assume it is.
ok here are the possibilities:
1- ballas selling A/S direct if possible. great, another 25,000 bucks for UBQU
2- converters selling A/S . great another 25,000 bucks removed against debt.
oh btw, S&P dropping hard in the final panic sell off, selling WORSE in final 20 minutes, so I'm expecting another 200-300M? c'mon kenny fill my 1s please.
3- ALGOS selling because they are hooked to the S&P. great, please, fill my 1 bid and gimme nobid
4- disgusted humans who believe the psy op that BALLAS IS SELLING AFTER PRs BWAHAHAHAAA
...if true those disgusted humans I hope take their 25K in whale money and buy MOVIE AND GAME STOCKS.
gonna sell your UBQU? me, I'm thinking 3-
as I wrote my last reply, 50M ....sold? to the 1s.
and ask now 1.17B bid now 1.3B
finally, the Mms started to manipulate the bids and asks to reflect this horrible horrible day for them on the S&P and the memes they shorted today as one might expect.
still doesn't mean UBQU is going to capitulate. that 50M might have been a converter (will ballas get another 2500 dollars forgiven on next fin? wait and see) my guess is more shifting of MMs and maybe a non-human selling to the bid. we only see A/S increase after 500M+ volume moving.
doubt some human trader capitulated on probably was a 5000 dollar bet to begin with. or maybe so, 5000 dollars can buy a LOT of meme stocks about to explode on the dip ;)
I didn't get any ones filled and on a 25K buy at 2 we popped back to 2.
still believing UBQU's action today is holding up pretty well for my theories and based on the damage wall street is doing right now to the market as a whole.
agreed.
in fact, a lot of these aps even when you say cash account sometimes "oops" fat finger and say you are a margin account you need to check daily. too many folks on some youtuybers chats say "wow I got margin called on my cash account and they sold my movie stock holdings"
sadly for UBQU and pennies , I don't think we CAN turn off "borrow shares" because the "wall street wisdom" states penny stocks can't be "borrowed" and shorted.
which is true, but my theories have nothing to do with that.
it is LEGAL for MARKET MAKERS to naked short in the name of "helping investors"
reference Doug the egotist CIfu who named his MM virtuous and after his name and his MM company is not virtu-ous nor humble
look at ubqu today. market is terrible, if this board is to be believed, sentiment is low. yet only like 6M volume today and typically the volume is 50M....which is still more than 1% of the ever expanding 24B float. 1% volume of any float is better than a TRUE 'dead cat" but I'll get to my point on this post.
I'm starting to agree with scratch in a good way. perhaps we UBQU apes we UBQU non hedgies non tutes non market makers OWN these 24B shares.
no new humans buying today, no new humans selling today.
what If Cifu non-viru-ous guy's claims are correct? say a new UBQU human says.....buy 10M UBQU limit trip 2.
and the MM wants to make the sale so they not only get ahead of whoever might be on the ask but naked shorts those 10M so that MM can MAKE the sale (don't worry, I'll just stack that 10M on the bid so I can close that naked chain lat-or
always later.
all those shares go to the DTC. nobody's forcing the MMs to cover those nakeds. yet.
and today maybe just maybe those 1.6 BILLION shares appeared after nobid cuz Market makers have a LOT OF BUYIN TA DO to cover nakeds.
and also my new friend pennies wasn't here in 2019. scratch was, I was, a few of the bashers I now have on ignore were.
but what if during that pretty obvious short-to-bankruptcy era in 2019 where every Mj play from aurora cannabis to tilray to canopy growth to all the MJ pennies were down 90% or more....that this 10M share naked shorting heck we'll cover later was happening x 100, x 1000? and they never bothered to cover (why? UBQU gonna get delisted in 2021 new OTC / SEC rules just you wait heheh)
sadly I wish I could click a button that says do not lend my UBQU shares, but they don't have them for penny stocks that I know of. and I do believe all the REAL shorts on penny stocks are naked and hidden in the records of the DTC
all I can say is this.
back from 2018 to jan 2022, I bought canazall totalling.....eh....350 dollars
since the new products hit, I've already bought 528 dollars of canazall products.
oh yeah, the new bacon for pets arrived, the new stress relief gummies, the regular peppermint CBD oil and the lemon CBD oil has arrived.
and now two more family members are trying and the delta 8s I bought before got rave reviews.
I expect to be buying more in the future, will keep the floor updated.
scratch and I are friends, we're having this chat on the floor as an homage to the bluey and scatchy show in the good days.
but another thing I wanted to add.
my side of the argument as I see with UBQU?
applies.....to ALL still current penny stocks.
scratch and I play a few more pennies which I can't mention here because they'll remove this post for being off topic.
oTCM shenanigans on some of them? worse than anything they've done to UBQU...so far.
my point is this. my tinfoil hat isn't just about UBQU. it's all over the OTC.
those other tickers I cannot mention. the ones I can buy, I'm buying MORE of them too. when the MOASS starts happening, UBQU won't be the only penny stock going crazy to the moon. hehehehehe he
$UBQU$
you are asking me if I think UBQU will have millions in revenue at a 0020+ share price?
ok my thoughts. Millions in PGM, who knows? with this push maybe THIS year.
millions in revenue aka just profit...only once viral or we start seeing better supply chains. and if we go viral too quickly, well you have to sink more of that profit right back into more inventory. in time they'll figure out ways to enhance the distribution supply chains AND possibly start acquiring the MEANS of growing the pot and processing it to cannazall. but if honestly they just take present profits and sink it into tangible, saleable things like buildings, vehicles and pot farms & labs.. same as the game stock situtation and the amazon situation. bears will crow oh look no real cash profits sell sell, bulls will say, growth stock and continue to buy the dips.
are the things that JB (won't go with did) are presently DOING going to achieve this?
in my opinion. yes. as I've said before if we didn't have the head winds of:
1- an OTC that hates the stock
2- an SEC that hates the stock
3- bashers who hate the stock and the CEO
4- LOYAL UBQU LONGS who hate the CEO ;)
5- short sellers and Mms who have hated this stock since late 2018.
and most most importantly
6- utter chaos in markets where money is running out by the trillions and everybody is in fear mode.
we'd probably be at 0020+ RIGHT NOW.
overall, with the new PR (mentioning GDET and website hits) the new products and how UBQU is trading super tiny and holding trip 2 on a day that the rest of the entire stock market is in ultimate panic.....yeah, the now looks pretty good and yeah, I think the things JB's HANDLERS are doing are going to achieve just that!
well yeah.
but here's the GOOD news for you, me and other UBQU longs.
the markets in general are FORWARD looking.
and our eventualities and the PPS action right now is bending back upward. it really is.
far as I can tell, only way UBQU craters more if we start seeing S&P 3400 or lower.
oh I think we'll see even more of that 26B to go turn from A/S to O/S.
but I really do think the folks BUYING that O/S are more you, me, normal humans and citadel. who will be the last hedgie standing. and then they'll be gone.
as always. I think UBQU can squeeze. I'm even more confident with this PR that GDET will squeeze.
we shot up to 25 with a 20B float in early 2021. money was flowing in with quantitative easing and all indices were green.
here's when I'm less confident. when will we see money and green indices flowing back in markets?....honestly we need to fire janet and Gary. gonna be a while.
but when that happens again, more than confident with UBQU and now GDET staying current that money will flow back in which will force the SELLERS (shorters converters) to DECIDE if they want to increase THEIR RISK on both these tickers.
if not forced buying because naked will need to be covered.
James' picture is about canazall's future. true enough, if that was the only thing that exists about this stock, it's a long long wait and a grim picture to be honest. and your log is 100% correct if that is the only picture.
but there's a picture that wall street hasn't wanted us to see or absorb now for decades.
if we have more of the same with increased dilution, indices are bullish and continue to TREND bullish indefinitely, and the MOASS has already happened? then yeah, I'll consider selling. until then, more and more data tells me you might have been 100% CORRECT in ANOTHER thing you and I discussed privately.
perhaps UBQU apes own nearly 100% of those now 24B shares.
if you are right my friend, instead of being sad I was wrong, I'd be ecstatic!
why????
cuz of Doug CIfu smirtu egofu who named his company Virtu what an ego that guy.
so he went on TV saying he HELPs us by if there are no shares to sell, By NAKED SHORTING the shares so we investors can buy more shares!
he was doing it claiming he's virtu-ous but in the end, in a FAIR market if there were no shares to buy, a new buyer who wanted the stock would have to pay more. and we'd get the forward PPS we investors get into stocks in the first place for.
I would love it if humans did own nearly all 26B of UBQU. if we dilute to 30B and it turns out humans were to own all 30B of a further diluted UBQU, I'd buy more, cuz that means citadel or VIRTU is continuing to sell us shares they didn't have in the name of market liquidity.
even today's action on UBQU increases my belief that UBQU might go well above 0025 even as we dilute more. that it will squeeze.
they aquired the capital.
and now they will acquire more if sales increase.
at this point the PPS isn't moving further downward, and it could. but at this point the Mms are in as much control as they can be,and the MMs are effed.
2018 hindsight. indeed, what happened from 2019 to 2020 upset all of us. of course, he's still being blamed now for falling for a trap otehr CEOs with much more money than he did fell for and what we retailers used to fall for. when the markets are booming, the pennies can turn convertibles to profits and pay them off at the same time!
indeed, I think (insiders) are GOING to get it done because hedge made the mistake on overbetting illegally UBQU to 0.
as for his words. yeah words won't cut the mustard I'll agree with you 100%
and if Jimmy is reading our little exchange lol I hope preya and cheung and whoever is helping doing the filings are also.
I'm no financial advisor this is not financial advice.
1. the market at this point is the SEC OTCM. they want you dead I'm guessing, so yeah, don't give them any reason to get non-current. and if you are in good faith and they drop some BS stuff like CE or grey market on claims of "we heard rumors ballas is corrupt"....they should be sued quickly and with vigor imo.
2. pay the debt. heck if I acutally BELIEVED jimmy you could grab A/S and slap the bid to get 50% of trip 1 debt forgiven? of course you can't that's the converters but if you could you could almost pay them off by bid slapping with the remaining 26B. but of course, no reason to do that because GDET is a whole nother can of worms your enemy the OTCM and SEC have to deal with....
3. keep on keeping all those promises. you make them late. a lot of me says that is because ...well...reality happens plus we're in a market crash plus there are sooo many factions who are against you so the second you miss a promise, the investors here on this forum and others get angry and you are well, it's your job to be the effigy they scream to burn.
but in my opinion, so far, so good. your detractors have made so many claims, the biggest being you'd be indicted, and UBQU would stop being current. which of course would have been disaster. but none of those claims come true, so they keep just saying UBQU will never see upward PPS movement again. even my best friend in Ihubbery Scratch has turned sour because of a mix of your slowness plus the constant battery of bad press you recieve by others on this forum.
but I've seen how this works. the only stocks NOT talked about are dead cats. as that fellow I once mentioned who told me in PM a zillion times to sell and bashed me every chance he could on the floor and said UBQU to expert markets every time he could....that he also said nobody posts against their financial interests.
at this point, I believe ANYBODY who is posting against UBQU must be short on it. I do understand why scratch is upset at James. he and I have been in UBQU since 2018 "the good days" and yeah ....if this was a big billion dollar company James wouldn't have lasted 5 minutes as CEO, as I've said before, James as a CEO has been disappointing. but he's our CEO of our UBQU Stock....and it isn't 2018 any more. I think the advisors of the 2018 era, zorn, dreyer, are gone or either bought in on the bottom, but the true visionaries ADVISING (if not truly running) UBQU see how now that UBQU has a second wind, its time to expand and add new core competencies to UBQU or die. I personally would sell if I thought the 2022-2023 cannazall would have the same CBD-oil only business model as 2018. they've rebranded and trying to focus on going viral, plus now a mention of GDET and crypto again. only cryptolie I see this time around, is that bitcoin and etherium are dead cats rofl.
I do think we'll see more profits. similar to movie stock. sadly, also similar to movie stock, it won't be enough to pay off the debt.
immediately. but once we're out of a bear market? possibly.
one thing we have that movie and game don't have. the rocket ships have gone viral. 4-5M more eyes on those stocks.
UBQU is in its infancy of the possibility of going viral.
if we go viral, and 150K clicks turns to 1M+ clicks a month? whether love or hate?
we get the revenues. then the fomo, then the selling pressures sell for one more psych op to make us sell. then the swing traders sell, but...then we look at the new share structures after the next selloff.
I really do think there will be a selloff after the next pump. but I think the strength of those who want UBQU = 0 AFTER the next selloff, will be much much weaker for their interests of selling down and getting UBQU long holders to truly capitulate.
well they finally updated the final 1.2B sold to the nobid.
now we watch the fins.
as always in the past, if the fins show GPL and apex CONVERTING. that means they took their "interest" in a form of converting as per contract. that is not James raising capital, that is James still suffering under bad deals he made with GPL and Apex in 2018.
now say for some reason that all three 3.2B at 1s were converted. won't claim 100% to it cuz it appears some of it might have been direct to golf buddies. but if the fins show 3.2B converted that's 160,000 dollars removed from debt. so next fin I'll expect if all converted now for jimmy not to have 320K raised capital, but a debt of 1.6m- 160k = about 1.404 M
either way, I no longer buy the bearish sentiment that Jimmy is selling for reasons malicious or even desperation, my friend.
of course if that 2B at 000098 was direct to golfing buddies, that's 200,000 direct to UBQU
anyhoo, he probably WAS desperate for capital, and we're seeing some of the A/S results now. but the products are in warehouse, the website is up, and the clicks are happening, so perhaps the increased revenues will also be seen in the next fin.
and I can respond to the technicals on UBQU right now.
previously mentioned the squeeze potential on GDET,
but right now? post website? UBQU is acting as always like the meme stocks....where the S&P is crashing hard, we are seriously looking at 1928 + 2008 all over again (3936? hats off to team america world police)
and with the S&P threatening 360 again....UBQU volumes 5M with at best favoritism to trip 1.5
so maybe you got an answer that confirms that more A/S is being dumped.
but at this point it doesnt' confirm to me that Cannazall.com hence UBQU is a dead cat.
in fact based on recent technicals, far from it to me.
oh by the way I continue to do brush buys of 25K well before 10 minutes of closing time.
last week always filled at .0002
this week, most filled at .00015 (yay for me!)
means more MMs are doing their shenanigans on this ticker.
remember my friend in the past a guy who hated my posts in PM and on the floor saying that I needed TO STOP getting MM shares from them on the half trip. in the past the reason he told me was because I was dumb money essentially. that it wouldn't run if I was buying small amounts. eh it was all an emotional rage.
now I have a different take on that departed prognosticators take on me taking shares from the market makers.
the market makers have been naked selling shares they don't have and it must suck as I and others accumulate UBQU shares and hold them.
because even if naked shorted in the name of "liquidity" one day, they will have to cover them if UBQU stays current.
looks really positive to me that UBQU is staying current. their product line and website have definitely expanded.
so I guess the answer is to me at least. BUY MORE UBQU and hold it. and if by CONVERTER shenanigans I get nobid on days it looks like we might see the mother of all american depressions, I'll happily get as many 00005s and 1s the market maker wants to give me!
if GDET actually had products like the greenery adn a crypto credit card?
well Intellectual property to start.
this one is definitely tinfoil hatness, but say that GDET before Ballas acquired it as CEO (none of the bears seem to want to discuss WHY ballas took on a 15M in debt property for this...because I think he did for a bullish reason)
if GDET before Ballas acquisition say, had a warehouse in Las Vegas ( I think GDEt's HQ is in vegas a no income tax state) ...well even if Ballas tosses all the intellectual property? his cannazall is taking off, shipments and storage to the west coast, a lot better than that condo in florida!
now on to that one intellectual property that might mean something. the crypto credit card (used in casinos) as per your name, you understand the crypto slaughter right now does NOT mean the death of crypto long term. no right now its a buying opportunity for the non s-coins Bitcoin etherium doge and shiba
now, say ballas acquires that IP a crypto credit card. note the cannazall.com site accepts varying forms of crypto. wow, we have our own transfer vehicle soon. maybe a cannazall crypto credit card once the hell of the hedgie dying is over and we have a new crypto boom?
and last but certainly not least if you think the bears hate UBQU oh they hate GDET. they USED ballas becoming CEO as the charge to sell sell sell.
but let's be honest, GDET could just be a pile of shares. if true, of COURSE wall street was shorting that one probably as nakedly as possible int he name of "market liquidity" (ref Doug Cifu clownfu of his self name virtu MM)
thinking that stinker woulda been delisted in the penny 'get current or get delisted" crusade of 2021.
yet GDET went from PINK CURRENT to PINK LIMITED nearly immediately with Ballas touching it.
why?
my best guess is if GDET merges with UBQU or its future symbol change...DTC says ok all nakeds got to cover.
where they won't update UBQU's float they finally updates UBQU's "held at DTC" on GDET they updated all of that back when.....turns out O/S - held at DTC = "float"
anyhoo believe in the MMs naked shorting only "some stocks" ...even so with GDET in the picture, the UBQU parent company has TWO lotto tickets to make millions if my coppery hat turns silvery. Ballas wins either one he can merge them, pay the debts, move on.
if not....well I can see one thing ballas can do that won't mean a thing to us who invest in UBQU. declare GDET bankrupt, never merge it. the IP is just that, IP. can't be taken from him now. of course I'm not huge into GDET for this reason. but if they keep GDET down, sure baggies on GDET get screwed, (not sure many are actually there to be totally honest I believe it's a MM cluster f of shorts) ....but then ballas declares BK on it never has to pay that 15M debt never merged it with UBQU takes the IP and makes it UBQU's IP, until the symbol change.
reason I think OTCM can't do shenanigans of just declaring it CE or moving it to expert is because honestly, I think hedgies are fawked.
like most penny stocks filings are filed, and their lawyers are getting angry.well that and now we are hearing that low level SEC folks who used to THINK there would be million dollar jobs for them at citadel if they played patty cake are refreshing their resumes....that's not looking rosy, so there is a LOT of apathy at the OTCM and SEC right now. very little chance Gary G is going to be treasury secretary once the present admin recalibrates its vassals.
OTCM can't just put the smack down on GDET imo because all the paperwork has been filed and I bet UBQU insiders are there, waiting to work IN GOOD FAITH with the OTCM. if the OTCM slapped down a CE or Expert gray hoping to say "oops sorry my bad fat fingers" ....oh how they would get sued.
so all they can do imo ...is stall.
oh yeah another thing about the PR.
the boilerplate bullet items was written by NOT ballas.
the ballas commentary was written by ballas and probably edited.
but someone else is writing the PRs since 2018...
Preya? Cheung? Luke Dreyer? someone other insider probably a faceless person who passed writing 121 in business school.
but the point is, those who still argue against this company that it is Ballas alone who was a crook before. it's ballas alone who is a crook now, he's acting alone to somehow sell shares for the pockets of himself (and his associates)
at this point if that were true, there'd be so slim pickings that any crook wouldn't want to take the risk of teaming up with ballas for 50% of the.....100,000 a year they could get selling. one could easily make 50K dollars on a day job without the risk of getting caught
we have insiders who have a mission of changing Cannazall.com so much that its roots in 2014 blue crush to 2018 hemp life are forgotten, except maybe in future documentaries perhaps of "humble beginnings"
in every way this PR tells me that they are trying to not just get back to their business model pre-"great MJ short" of 2019. this is become a true growth company and throw off the shorties from what I can tell.
whoA! I am not even bothering with my other stocks to talk about UBQU's update!
partnership with GDET!!!! what have I been talking about to the loyal UBQU fans?
Symbol change TBD....yeah I bet right now one of two things. the SEC OTCM is scared poopless of forcing all nakeds to cover....or PREYA is playhing 4D chess with the OTCM on the GDET PARTNERSHIP. same nakeds to cover on UBQU? kenny's got same problem with nakeds on that ex-"pile of shares" GDET.
as for all the rest, very very very good for FUTURE fundies.
of course today begins the TERROR that is leading to the market crash and death of the major indices. sadly bad for folks who are in 401ks but hey, if they are patient and hodl they'll be fine. very bad for hedgies. look to 2PM eastern, new margin calls a coming.
as for us here at the bottom at UBQU....actually it's better than average news! because we've been TAKING THE PAIN and if you've hodled you will be rewarded, if hedgie pushes us to trip 1. wow a chance to load more of the boat cheaper.
only bad news is if this was a booming market with money flowing in? we'd be heading towards hte penny that was predicted back in 2021 as this company went from Hemp life today pulled itself out of the 1980s-2012 muck and started to look like an up and coming CBD oil company that could be served at any herbedasherie that the millenials now populate like night clubs! woot! stoked.
lol I clicked on that corporate UBQU vid of Jimmy B scratch provided thinking it JUST hit, was curious to see if there was going to be follow through promises from a RECENT video.
all I learned was "man, if Jimmy sang in a church choir he could do alto...." actually being a basso profundo is not the voice for radio or television but yeah it's old.
what I'm hoping is some mention that increased clicks on the new website has resulted in increased sales. and as always, Preya could be cautioning Jimmy to wait to break fomo-inducing news on a day where Joe Kenny Janet Jerome Gary and Cramer aren't doing their own rug pulls on the entire nation with the S&P lol.
so we mnight have to wait for a jobless recovery in markets. I think we'll see it this year. so I'm hopeful and believe we'll get a fomo event on UBQU this year.
then indeed in agreement with all the folks who are sick and tired of UBQU's A/S getting sold....all eyes will be on the A/S conversions...
hopefully for the last time.
I agree with all the positive sentiments today but would add one thing.
before that. I am hoping those 100K+ visits and forecasted 150K visits over the next two months turn into more than clicks, if buying of product. yeah that will be revenues.
scratch the one claim you made I might disagree with is that nobody is buying UBQU today because of distrust in Ballas or the share structure. maybe, but honestly with exception to something you and I shared in PM , none of the pennies are having high volume today. because of the stuff I talked about earlier today.
now indeed I want ballas to pay down debt, cancel A/S and buyback which he might be doing if UBQU insiders are on the bid which they can be nothing to stop them.
but why am I adding and guys if this new thought of mine is correct it is quite bullish but might be an addition to the "tinfoil" hat theory of mine.
but it has to do with the thing we can notice is ACCUMULATION of UBQU goes up regardless of the PPS.
I again defer to that interview with VIRTU founder and CEO CIfu Shmirtu egofu
he's the #2 MM and has about 20% of all the money from PFOF and he mentioned how in the name of liquidity, he'll find the shares needed to make the sale.
he was trying to state a case that they are "helping us investors who want to buy" but it came across as unethical. if say, there were nobody who wanted to SELL a stock, and a new investor wanted to BUY a stock. well either they'd have to slap the ask at the price the asker wants even if the spreads were huge. or wait.
so...I know the sentiment here of even those who are loyal to the company are low. scratch you are 100% correct in that trust in ballas is in the cellar.
but hear me out. maybe I'm wrong. maybe non hedgies own....18B of the 22B float. maybe no UBQU apes are selling. maybe no UBQU apes are ask slapping. maybe the MMs on UBQU can't find shares to SELL to the new UBQU investors.
so they've just been naked shorting in the name of "liquidity"
I missed an opportunity on the day of nobid to get some 1s. but I've been slapping 2s a tiny bit nowadays I always get filled at 2 instead of 1.5
anyhoo, maybe not today. maybe some big MM cuz I really really doubt any UBQU ape HERE is stacking the 2s hoping to leave the play so quickly at this point. could be trip experts maybe bought 3B of trip 1s and are using the rule to take the 100% profit and let the rest ride...maybe. tho I'm unsure.
anyhoo, long winded, and indeed those financial moves would spark another fomo run. but I'm not sure nobody's buying anymore based on ballas fatigue. and I'm not 100% sure other UBQU apes are SELLING to me when I do buy,
in closing. the fundamentals DO LOOK BETTER. I'd like another run up of fomo but honestly I fear the CONVERTERS not ballas will drive it down again. kind of happy we're building momentum tho while Joe Janet Jerome kenny and Gary just destroy markets....I'd much rather have UBQU rip when markets rebound.
we've moved on from the days of fear of going expert where I was saying only one reason why I'm still in UBQU.
I still believe in that possibility for UBQU....not just one day moving up with better fundies.
nothing has convinced me that UBQU's stock .....couldn't squeeze.
I still have a 5% belief UBQU could squeeze.
Good morning UBQU!
ok quick pre-market glance. Commodity Price index (inflation) came in hot hot hot.
so all markets tanking. how will this affect UBQU?
well with S&P down, meme stocks down. with exception of redbox...
memes aren't down as bad back when things were "good" for hedgie so with the algos going crazy, we might NOT see a massive sell to the 1s.
my guess at this exact point is I expect to see the ask rise, the bid maybe pull, and more sells than buys. this will be the MM's algos selling to the 1s.
also around 2PM eastern ring ring margin calls for hedgie. if there are still hedgies holding 500M+ shares of ubqu still which honestly I doubt, they might liquidate to get the 50-100K cash needed to hold margin or just decrease their internal chaos as they FAIL.
now for the positive side. retailers as a whole are getting smarter. anybody and their pet iguana could see that this was going to happen this morning. a lot of whales who LIKE UBQU from me to alex delarge (don't know the guy just talking about those UBQU whales on twitter) probably have played puts on the S&P and made thousands in side cash as indices tank.
multiply that by new positive sentiment on website and products, you may see some buyers looking for a bargain.
also since UBQu is a little bumfuk egypt town on the edge and it's a 'lazy friday' we might do another 50M mostly sells but still just settle at 1.5 or even back at trip 2 today.
next week will be worse, now powell really might need to look at .75% ....more S&P sell sell sell I shall be playing U*V*X*Y* (i already am) to make a little side money for my favorite dip buys. if so. If I'm right, the algos will sell ubqu back to predjudice the 1s...maybe even nobid. but if you listen and believe, that will have nothing to do with fundies or even anti-ballas sentiment. so I'll be buying UBQU if this narrative I'm spinning happens.
sorry guys, hope I'm wrong, but in the end, long term, I'm happy UBQU is far far away from the nukes going off in the big cities....and I'm happy I've parked a lot of money over here in UBQU. I don't think UBQU's present PPS since 2021 is truly ballas' fault. I blamer the guy who took credit back early once installed. "I did this!"
he crowed. yep, he certainly did in my opinion. and his trained operatives powell and yellen certainly were happy to pour gasoline on the fire.
GLTA
some of you ask me, in PM about how I believe UBQU could be naked shorted by market makers
want to get in front of the possibility the bears will argue if increased sales why not increased profits or why not debt overpayment ballas is stuffing his pockets lie lie lie
if this thing takes off, and ballas moves even double the product he was moving before, he's going to need to really really get ahead of supply chain issues (thanks mayor pete) and order more inventory.
oh I think if this rips he'll make more profits in the next fin...but it won't be a huge amount. I'll be looking at his costs.
as before too he really needs to improve the supply chain. I believe its made in california, shipped to the condo in florida, and shipped out from there. If I'm wrong and the cannazall is made in florida more power to them. if not, some collaboration with a company that has a distribution house on the west coast might be a good play.
even so, if this thing takes off huge, it's a good problem to have and hopefully preya or some insider (heck if Luke Dreyer is behind the scenes and isn't luke in cali?) could set up a west coast distribution center.
similar to amazon and game stop, the trick once the sales go up is to make delivery and storing cheaper. Amazon did it by buying companies with the buildings thus having the storage built in. also amazon eventually bought vans on the cheap with the covid and vehicle crash...improving their control of delivery.
Game stop is buying distribution hubs, and probably vehicles as they expand.
we shall see what UBQU does at this point. next real thing should be the symbol and name change. to go best viral, the company name should match the flagship product.
but in the end, if sales take off, some cautious, slow building on controlling the production end and the delivery end can both cut costs improve efficiency and get him to a 100M a year PGM company. even though even I don't believe that (tho stranger things have happened post squeeze now) ....I can easily see him bumping up to 2-4M PGM a year if this really takes off.
even though slow infra growth is liked by me, in the end, kill all debt, kick the converters to the curb and cancel the A/S would be a sure cure to increase the retailers' confidence.
GLTA
Balla
I'll make it quick, because I think today might be a good UBQU PPS day if and only if the memes keep pumping....even if they short the memes today with the S&P....we'll hold here at UBQU. it's just a matter of time.
but....yada yada james ballas blah blah..
one excellent thing he wrote if true tho.
The Company recorded over 100,000 visitors to Cannazall.com in the last 30 days, and with current traffic growth, projects over 150,000 visitors per month within the next 90 days.
step 1. ....get more visits
step 2....get more sales
step 3 ?? (hats off to the underwear gnomes
step 4 go viral
step 5 profit.
good morning indeed!
glad to hear you again my super positive friend!
yeah, in general I call it as I see it. and short term UBQUs PPS movement looks bullish!
another thought for those from UBQU who might be listening in.
UBQU HQ in NV or colorado (?). product stored in FLA condo??
where is the cannazall made? california?
and indeed if company name change to c-z products, probably HQ florida but this isn't my main point.
well...
Game stock's ryan cohen said they want an e-commerce platform one day to compete wiht amazon. caused jeff bozo to short gamestock to bankruptcy 2020
since then gamestop has taken a hit to EPS cuz they bought giant distribution hubs. one on east coast. one in Las Vegas. I'm sure that acquiring of distribution centers is expanding.
James could consolidate the making of the cannazall, the storing of the cannazall, and the distributiing of the cannazall big cost saving there, could drop prices which have the delivery factored in....
turned out advertising on Amazon back in 2018 was an epicfail.
so UBQU insiders how about reaching out to.....ryan cohen? maybe get some of this advertised on gamestop's future expanded e-commerce platform? cannazall for pets with chewy?? rian sold chewy but he's still an emeritus ally.....other cannazall product with bed bath and beyond on which rian is a board member and made it clear if they didn't get their s together over there he'd pull an elon, and hostile takeover that. I really think rian's long term goal is pull all entities he can into his own e-commerce platforms...as bozo did back in 2004 heading forward.
so another move I hope Mr. Ballas regardless of how small cannazall is....is to start reaching out to "alternative" corporations who have a similar thing in common: hatred of wall street and megabillionaires who used shorting to destroy all competition in 2019, and got a headwind in 2020 with covid. they survived, they are back, and they are causing those same megabillionaires pain.
honestly I have no clue. did UBQU corporate tweet about the new website being up? anybody on the floor? definitely no newswires yet.
that was weird to me. but perhaps a new vector with UBQU corporate is smart!
in the past it was ubqu corporate tweeted a promise. the promise took a while. ubqu retailers get angrier and angrier.
so maybe this time it's like hey here it is. folks buy the cannazall products. save the next good news instead of promising anything. let the website and new products speak for themselves.
my guess is soon we'll get a newswire about website up. they definitely might be putting it on it's shakedown cruise and they might want to debug issues before blasting to the general public about it.
as for their next move....unsure. at this point I'm just looking at those meme stocks getting ready to explode, noting the UBQU PPS moving upwards, and trying to get as many 00015s I can get before we head to the next level. +
my HOPE is that whatever cash they might get above and beyond, well if it was me and to be honest, It might not BE the smartest play, but I'm a plodder. I'd take every extra bit of cash and just slap that 1.6M debt and either force the converters to behave and not dump on the next run or the goal is just pay off the debt and kick the converters to the curb.
after that, A/S cancellation and buyback shares...
without a doubt. and I notice my brother fres isn't around today, who was upset when I was kind of bearish short-term on UBQU's play.
hope he's still around and hasn't ignored me. because now I'll tell it honestly like it is and now, things look bullish for UBQU, regardless of fundamentals.
of course my opinion at the moment, but why am I bullish on UBQU's PPS action in the near term regardless of how slowly the new website rolled out and honestly we won't know about revenue increases if at all for another 3 months after today...
simple, because I believe my own theory. that we're tied to Game stock, which is tied to movie stock which is tied to vinco ventures, biora pharma, redbox, bed bath and beyond, chewy (!), mullen and the list goes on.
why do I now think no matter what the S&P does cuz citadel and talking heads move markets not retailers....if it goes down, we hold or go up?
simple, short data on movie and game and redbox is ....untenable for the shorts.
movie is 23% float shorted, 28% AVERAGE cost to borrow (that also means all shares shorted previously at lower interest, interest just went up).
Game stock is 28% of float shorted, average cost to borrow is 111% (!!!!)
and even today it went up and up and up.
with 180M shares of movie shorted, 28% interest annually, paid over a 360 day year, means borrowers are paying 5,833 dollars an HOUR....rain or shine, holiday or not, trading hour or not.
that doesn't count all the other shorts. oh yeah the russell 2000 itself is shorted 38% of its float.
we are soon to see june 2021 2.5 we're going to skip right over 2.0
and I believe at this point at the bare minimum, if we retailers own say only 10B of the 22B float, say insiders own 5B leaving hedgie holding 7B.....you'll see more and more of that 7B just....dump....as hedgies close their doors, liquidate in margin calls, or just abandon the UBQU play as they need the cash for other things.
of course if this happens billions dump us back to nobid but that OTCM doesn't change and A/S to float? and we buy the 1s and we bounce up again that means 1 of 2 things.
UBQU retailers are taking the shares from smaller hedgie
or last man standing, CDEL (VIrtu #2 is already having problems and robin hood are very very nervous now) scoops up the shares.
regardless, the less the smaller hedgies have massive shares, the more we UBQU retailers have shares, the better, in any play.
so worst case soon far as I can see more capitulation from ...."the bad guys"
or we just move up because our lead meme stocks move up.
my eyes are on what happens when we get a run to say 6-10 with 2B volume like in the past....and THEN we sell right back down. My eyes will be on how much A/S disappears to float then. of course the haters here will say ballas sold them. but then we get those financials that obviously point out that GPL and others CONVERTED them.
I'll be more interested this next run time how much those converters convert.
I noted there is a push to preya to update the OTCM. last I looked, everything is updated except for one thing which I thought was quite interesting. the float.
22.4B unrestricted, 22.1 HELD AT DTC
but float still showe 9/21
now...I've noted when something "bad" happens to UBQU like A/S sold into the float....the OTCM updates that with a speed like jim carey on coke.
but I expect that "float " to update to maybe 200M shares (?!) and of course that would be a bullish sign to me so the OTCM wants to make sure that moves slower than Gary gensler actually protecting retail investor interests and bringing market transparency.
but in the end I really think we move towards 2/3 especially as movie and game get squeezy....instead of drop back to 1/2 or 0/1 and if we do I think it's because a hedgie "whale" was forced out even so and I'll buy that dip nothing changed.
last thought on the website. Kid, you'vebeen here since 2020-2021. I've been in the play since 2018. even since 2020 we've heard from UBQU's detractors that this milestone will never be met, that milestone will never be met. blah de blah de blah.
each time, UBQU meets it.
and yeah this time, the website IS nice....bot you know what impresses me more? about 40 more different products flavors and types of focus like sleep therapy etc.
UBQU exceeded in the product diversity in my opinion.
I continue to stay stoked af now that preya, cheung, who knows who else is behind ballas. Ballas had some past failings as an incompetent CEO but I think he DID ask for help. in the end, would anybody care for their missteps in 2018 if in 2023 they could become multimillionaires?
one time a PM "friend" told me to stop posting on this forum so he could get folks to buy UBQU. I did, cuz in the end I wanted to make a lot of money. UBQU went from nobid to 25 then but it wasn't because I shut up, nor because of their pumps on this forum.
but at least I stood aside and shut my ego down hoping to make some money. and I sold quite a bit high to remove some paper losses. so good for that advisor back then.
point is I believe ballas is also standing aside, letting preya do the job she should be doing, dealing with the UBQU "Fans" who might have motives both bullish and bearish. and I hope ballas is putting his d-list 1980's celebrity ego aside and just wants to let folks who know how to squeeze out hedgie in 2023 help turn anybody holding 1B UBQU shares....into a billionaire one day.
well, we were 90M short of the bid going under a billie. the trend looked like it was going to happen cuz the S&P was ripping.
then gary gensler opened his face hole and the S&P tanked and so did memes.
and UBQU stopped trading with any significance.
but interesting to note.
the ask of 1.09 billie did NOT increase
but the bid did. to 1.61 billie, about 500M more.
probably a MM shifting from ask to bid.
not bad on a day kenny G and gary G manipulated down the S&P
all in the name of protecting us retail investors.
in general, where the S&P was falling to 3600 and we were going to nobid, regardless of the S&P and memes today, we're heading up.
sure maybe the website maybe fundamentals maybe not.
the trend itself on micro, small and midcaps which are all shorted to kingdom come by hedgie well....they are turning because nobody trusts kenny G and wall street pumping apple microsoft and the megacaps any more. and they are piling into the memes, which at this point are every stock under 12 billion in market cap pretty much.
so sure we missed the big hope of <1B ask. but imo we're heading in the right direction.
GLTY all in your BULLISH UBQU trades and confusion to the bears and shorters and haters.