is trading stocks full-time, going to a school full-time, and working part-time
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I think it will bounce into .0001, and if not, grey sheets. Get away from this while you can.
It will NEVER have another run like it had after all of this drama. It left a bad taste in many people's mouths, and it's way too risky considering the possibility of SEC intervention.
I made a decent amount of $ on this ticker, but no way I'm ever touching it again. I'm sure many share the same sentiment. Most of us just dont like putting money into a scam once they're found out.
Yep, they're gone. 005's next.
Last 2 weeks people who were expecting news right after they bought have slowly been losing patience and pulling out. Pretty normal, and those shares have been being accumulated by others at a pretty equal rate.
Up 10% one day, down 10% the next, then back up, then back down, etc etc. This is good because it means it will take off with news, when we get some.
When it's trading sideways, and a single person makes the chart jump like 30% by buying $3,000 worth of shares, of course it isn't going to be sustainable. Hell, right now it's down 10% from a measly $800. That won't be sustainable either.
Yeah that's how long these medical devices take. Those who have spoken to IR have not heard anything that would allude to us not getting news soon, so we're just playing the waiting game.
Chart's just trading sideways, like its supposed to during periods like this.
I'm also betting these 004's get eaten up tomorrow.
Down 18% on only $200 worth of shares being traded, lol. This should see some nice action once we get an update on when this hits business court.
It's been 7 days since the original court date, I guess someone got impatient.
I'm betting (a lot, actually) that there will be news sometime next week.
Looks like someone's patience ran out, lol. Their loss, someone else' gain I guess.
The app probably doesnt have as much of a delay as the chart here.
Dont worry about the chart going back to original price btw. It can go up 20% one day, and down 20% the next. None of the changes in PPS really matter until we get some real volume in here from news.
It's good that there's some volume being traded here, though. There's interest.
Yep. This wasnt the first fake PR they released. Remember the one last week? And the screenshots Daniels posted of the conversation about that fake PR they did without her permission, where they said they did it to "stabilize the stock price"?
It's beyond obvious at this point what's been going on.
Same goes for most of the people here complaining about all the money they lost. If it was really that easy to know this was a scam, then they have no reason to be upset or surprised, by that logic.
Take a moment to imagine the stress she's been going through.
We already know she's going through a divorce- which arent exactly super fun - and then all of a sudden she's getting thousands of angry calls and emails from irate OTC traders who waited too long to pull out and are angry that their pennystock yolo play is failing. Then a fake PR gets released without her approval, and she starts to connect the dots that it's all a scam and gets her permissions revoked from the company.
She went from thinking she's CEO of a company with a good future to having this shit show land on her.
And what does it matter what she's wearing? She's exposing a shitty OTC scam, not giving a press conference.
It's in that moment that she decided she needed to let everyone know what was happening, and instead of delaying another 30 minutes to throw on a button up shirt and makeup, she did it right then and there. That's what makes it genuine.
The woman actually does something awesome and does investors a favor and you're criticizing her for it? Whos side are you on - the scamsters?
Yes but it didn't dump when or how you said it would - or even why (dilution).
Hilarious. So how much money did you lose ;)
You mean "medical device company with low volume because updates aren't very frequent and FDA approval has not started yet"
Just because a ticker is trading at low volume doesn't mean it's a scam. On the contrary, usually it's the opposite. We're trading sideways here. That's not a bad thing.
Martyr of the OTC
Looks like I missed my chance at 004's. Oh well, still loading tomorrow.
Actually, there will might be another opportunity to buy in at 004, who knows.
Apparently you do.
Less than a $500 sale that caused this dip, nothing to worry about. Volume should come with news on the rescheduled court date.
You say that with as much certainty as the poster you're responding to.
Court case has been moved to business court.
"Therefore, pursuant to E.D.C.R. 2.49, the COURT ORDERS case A-19-788382-P be sent to Master Calendar for random assignment to an appropriate Business/Specialty Court for determination as to whether the matter should be handled on the specialty docket"
Can this get stickied so people can stop asking whether or not its been vacated?
Wow, mid 004's?? I hope this dip doesnt get bought up by the time I get paid tomorrow, this is a great entry price to add to my position.
I dont get why someone would sell that low. Their loss, someone else's gain, I guess. Hopefully mine.
Nothing yet that I know of. I'm looking forward to the run when we do get an update, though.
Some red here today. Not anything surprising, some were hoping for an update today and are pulling out since there isnt anything yet.
We'll get there, shouldn't be too much longer!
It looks like most of the timid have been shaken off. I bet most of them didn't even read the minute order and just assumed the custodianship was cancelled. Not how you make money in this game - yikes!
Exiting a position because of news like this is perfectly fine, imo. We all have different trading strategies - but panic selling like what we witnessed is silly :P
Nothing has been released or teased yet, but people are speculating something is going to drop soon and have been drooling over the charts and share structure these past few weeks.
Any positive news should set this off, whether it be about a breakthrough medical device or not.
Agree 100%. OTC is not for those who only go by the graph, and if they're pulling out and taking losses on something like this, I worry about their future investments. Context context context.
At least some of us got some cheapies in the process.
It's also how low float it is. 1 person alone pulling out of their tiny $1000 position by selling at ask can cause a big PPS drop.
Wait a few more days or weeks at *most* for the custodianship, or take a big loss and try to make my money back (and probably lose more in the process). Yeah, the choice is obvious here.
People who dont know anything about custodianships/the court process and day traders who dont want to wait a little bit longer to see profit (and would rather take a 20-30% loss??)
Guess they didn't know what they were getting themselves into to not expect little hiccups like this - shouldn't be trying custodianship plays in the first place!
Just day traders pulling out of a low float stock who don't want to wait for the new court date, nothing to see here.
Yes I misspoke and editted right after. I meant the reduction news, not the reduction itself.
Fluff news?? Do you people not even read the DD?
I believe in KYNC pulling through these next few weeks leading up to the end of Q1, but where did they say to expect a PR this week in particular?
Are we just speculating it to be this week because of the O/S reduction? Ms. Daniels is sure to give a spectacular PR update, but there's still a few weeks left in Q1.
I'm not naysaying, I just don't think anyone should get their hopes up if they don't get their precious PR ASAP as if they're entitled to it.
She's got big shit in the works; she doesn't care about pumping her company's stock just so a bunch of cretins can short it right after, so she'll put it out when everything's ready. Exercise diligent patience with this one.
Just my 0.4 cents ;)
I agree. I've seen stocks run like crazy then dump and burn the second good PR is released.
Don't really want us to go into this running full speed ahead. I prefer slower, more sustainable growth, and we seem to be doing ok so far.
After hours looks like it'll be less than a 10% drop compared to Friday's 005. Support wont let it go under 004.
Only about a 10% drop from Friday's close of 005. Monday closing up 20% was from people buying expecting PR to drop today. It didn't so they sold.
Yup, it really is a beautiful stock to watch. Not your average trash pump & dump penny.
Loving this low volume! Looks like the majority of us shareholders seem to know what we're doing.
Volcano, you've been saying the stock is going to tank for the past 2 trading days. It didn't dump on Monday when you said it would, and it didn't dump to 002 on Friday like you said it would either.
It's good to exercise some amount of caution and skepticism on the OTC, but you've just been doomsday calling, and rather unsuccessfully so far.
What was your reasoning for claiming it would dump to 002 on Friday? Why that number and timing specifically?