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Maybe some day share price will return there. Lots of resistance above .0294. Probably will retest .014 support before this thing moves much higher, IMO.
Look at the 15 minute chart and you will see the overhead resistance. Lots of it.
Still waiting for proof, a link etc. I would think rules apply whether trading in the U.S. or from anywhere trading in our markets.
Thanks for the info, didn't know that.
Do you have a link or 2 so I can do some DD on the issue?
If so thanks in advance.
Why are so many of the charts on this site blank? Lots of numbers with no charts beside them. While some of them have charts most don't. Used to be charts by every number.
Just wondering.
Thanks in advance.
Why would anyone short ANY penny stock? Margin required is $2.50 per share so who would put up $2.50 to short a 3 cent stock?
Please help me understand your reasoning.
Please see link below to Clay trader here at IHUB and let me know where he is wrong.
https://claytrader.com/videos/1-penny-stock-short-scam/
Thanks in advance.
On the door step of sub .15. All trades today at .16 which took out the bid and as of this post there are 6,634 shares for sale at .1599 and no bid until the 5,000 shares at .13.
IMO, lower we go.
EDIT: Bid taken out 20,000 hoping to get out at an ask of .14 and no bid til 10,000 at .121.
This thing is toast.
EDIT: Now the 20,000 is at .13. I smell desperation.
IMO, SNPW is and has always been a big joke. Low volume shows true lack of interest and promotions with no substance yield nothing. Wait and see.
It can't get above .20 or .25. These hurdles need to be overtaken first. Still expect to see the recent low of about .12 to be taken out.
Good point, that gives me a little different prospective.
Just can't get share price past .20. Will it ever happen? I have my doubts. IMO, the business model is a total joke. Again closing barely above the low for the day. Glad I didn't buy this over .80.
Headed to below .15, IMO.
You missed my point. If they are selling at break even or a loss with free shipping and eating the overhead, they can't make up losses by increasing sales.
Normally furniture has a 100% mark up +/- a little.
I hope you are right about 4 q numbers. I looked at the link to their store advertising 50% off with free shipping. It is my understanding that furniture has a 100% mark up as a rule of thumb. If correct or near correct that would suggest they are selling furniture at cost, giving free shipping and eating their overhead. If that is the case they are loosing money on everything they sell. Maybe they will make it up in volume?
Please help me understand how that is a good thing. Perhaps I'm missing something.
We should see share price hit 50 cents by Friday since such strong hands hold shares.
Never mind the 500,000 shares on the ask at .0203. I wonder why the ask keeps declining with so many shares offered?
No worries all is well at PASO.
Yes, just need to take out the 50,000 shares on the ask at .22, which has been there for days. Yes, get thru that and maybe .25 price target.
Agree strong hands hold these shares, just waiting for the big run.
Imagine if you bought over .80 how you would feel.
If you have been following the post here I addressed that days ago. I said I was in error on my .006 post and that .0083 was the low.
Take the time to read my post and you will see that I addresses the error.
Agree. Notice the 1,500 green paint into the close at .0203? Nice volume today but just couldn't punch thru. I was expecting .05 today based on information I read. Oh well, you just can't believe anything you read anymore.
More volume, ended a little green yet near the low for the day. Level 2 had lots of shares to sell at .20 all day.
I still say sub .15 before .25.
Agree: Lowest low in 3 days headed to surpass the Feb 23 low of .0023.
Really nothing here of value, IMO.
Looks like share price is drifting in to never never land. The deep sleep of death.
And it looked so promising. Such a shame.
Good move IMO. Chances are you will be able to buy them back cheaper on any retest of support.
Forgive me for living. Correction: Feb 12 2020 low of .083.
It was still sub penny.
Yesterday was a banner day. I have been saying for weeks in order for this to move it needs a close over .0122 with volume, and yesterday we got it. Now any pullback to the .014 area which was very old resistance would be a buy and a great buy around .0122, former resistance.
Long ago I posted share price would hit .005. Okay I was wrong, it hit .006. Missed it by that much.
Check my posts. I was right about sub penny and right about .0122 being resistance.
Now on to other things.
Revised to meet TOS.
Well check it out. Level 2 shows 900,000 on the ask at .0136 and most trades for today have been large blocks on the bid. Looks like more willing sellers than buyers at least so far today.
So much for that solid rock support of 2 million shares at .012. Looks like some sellers are happy to sell at that price.
Most trades today are large blocks on the bid, few trades on the ask. Like rats fleeing a sinking ship, IMO.
Yet the day is young, anything can happen. Sub penny today?
A class action suit would also be a good idea. Know any good lawyers?
Why don't you? You seem to have the better knowledge of the information needed for the SEC than any of us here.
" Someone should report the Rotmans to the SEC as they have the power to get their hands on personal financial records that would blow the roof off this house of scams....."
Spot on, agree 100%. EOM
I forgot the best part. There was a 500 share paint job near the close of 500 shares at .18. Had it not been for that the close would have been .1618. A clear attempt to make the close better than it would have been otherwise. A big buy of $90.00, LOL.
Low volume day with no real conviction reflected in share price and a lower close.
the 200 day moving average at .013 seems to be resistance and CFM, money still in the red and the RSI starting back down headed to below .50.
IMO this company talks a lot yet the bullish story isn't reflected in share price. Will it ever?
I still wonder how much dilution will come with the big deal coming, I think the smart money knows.
Failure to launch...What a joke company. Closing level 2 had 512,000 shares offered on the ask, almost nothing on the bid. Opened at .0044 and a high of .0049 and straight down from there closing .0003 off the low of .0031.
If there was anything to this company the share price wouldn't have imploded on the launch pad, IMO.
Not to mention the 57,000 shares on the ask at .18, well below .20. Just hoping to be bought, but they won't. Sub .15 coming for good not just a test of that level, IMO.
Looks like blast off time has finally arrived. The recent flush shook out the weak hands and now it's time to see some great gains.
Time to sit back and enjoy. I'm even holding my recent purchases in JNUG and USLV for longer than just a quick trade.
I don't know but the share price isn't reflecting anything of lasting value, IMO
After reviewing the recent news releases and looking at share price action it is my opinion that the fun was over yesterday. If the news had any real value we wouldn't see share price retrace today, should have been good for at least a few more days of rally. Looks like sell the news kinda of stock.
Level 2 has been unimpressive for the bullish case. Share price acting poorly, IMO.
The heavy volume yesterday and closing in the days lower range tells me a lot of share holders sold and took profits in the rally. Never mind the overhead resistance it ran into yesterday.
I would run from this one. Money flow, CFM is in the tank and RSI is trying to get up off the floor.
I don't see much green ahead, more like brown, IMO.
No volume, still seeing blocks sold on the bid. I'm waiting for that 2 million share bid to get aggressive and take out the ask. Will it happen?
Maybe the 2 million share bid is a bluff. Could it be? Makes me suspicious and until either share price rallies or falls back which it will I'll remain negative on PASO.
All in my opinion of course.
IMO this company is built on dreams and hopes but no real fundamental value.
RSI has been below 50 since early February and money flow CFM is in the red.
Volume very lite except for the day share price dropped below .15, which is where I think it will find it's home.
I agree completely, I have been saying that for a long time.
SGMD: A looser of a company coming back to life? Not really. Share price closed a long way from the high of the day as it encountered over head price resistance.
Money flow in heading south with no sign of recovery.
A few months ago this was promoted at .02 and has failed miserably in share price performance. It was the huge reverse split that was coming that killed it.
Should test annual lows once this dead cat bounce is over.
Strong bid action? Really? Not on my level 2. Re-read post 11814 for an honest read on the bid size, virtually unchanged into the close.
Were they accurate about level 2 that I just posted?