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News Out
Same trading pattern again today peeps......MMs or someone else are holding ANDI in a very tight trading channel intraday day after day.
I am guessing it is too accumulate as much of this beast as possible before launch....good thing I got my piece of the pie long ago ;)
Not sure too many of us have been in a fledgling handset company waiting for distribution contracts to be announced that will lead to $100M in first year revenue....I certainly haven't and I have been trading for 25 years.
I get what your point is though ;)
The fact that ANDI's share price hasn't collapsed due to lack of news on this news driven exchange, despite a HUGE run already, is evidence that this is a real company with major fundamental developments coming ;)
Looks like we are in the midst of the final MM shake before takeoff ;)
LinkedIn update from Mike....
https://www.linkedin.com/feed/update/urn:li:activity:6361693695049289728/
While investor relations is a very important function I hope he is remaining focused on building the brand and distribution network.
How come no one is screaming for the gap down to fill, lol!!!
Lots of room between .013 and $1.
Just sayin' ;)
Thanks for the chart due.
No Sellers + Buying Pressure = BOING!!!
Peace....put 'em up at the open and they will get gobbled ;)
Anybody think ANDI isn't being held back after seeing the 5.8M ask wall on L2 now.
We got something VERY BIG coming down the pike ;)
Looks like my assessment in my previous post (link back) is playing out again today as suspected.
The breakout here is going to be MOMENTOUS!!!
Yup, reduced volume indicative of a lack of material sellers.
All we need is a little catalyst and we will push into the mid 2s low 3s, IMO.
Anybody wondering if ANDI's share price is being carefully "controlled" just has to look at the daily chart from the last few days.
Gap up or up at the open then a drop and a recovery to a mid-point between the peak and valley where it trades in a vert tight range for most of the remainder of the day....being accumulated heavily throughout the day.
When we do breakout it is gonna be BIG ;)
Building upward momentum this last 30 mins
Trying to hold the share price down ;)
I know we are all thinking it so I will type it.....Is today the day ;)
The most undervalued OTC play possibly ever ;)
Thanks 136!!!
Maybe that is who was boxing the share price in through ETrade earlier this morning and last week.
Cool, it was public transportation (Steinway/Queens Surface) so the yard was right there on Flushing Ave...sold back to MTA a bunch of years back. A lot of Met games growing up even though I was a Yankee fan, lol!!!
FYI, you get used to heat within a couple of summers.
You might have a BIG place in Boca once you close out your ANDI position....or maybe even just a small piece of it if we are lucky ;)
Pops owned a bus company in Flushing (College Point). Grew up in Bayonne, NJ, but pay no state tax in Miami/Ft. Lauderdale for the last 13 years.
Much better than when I worked in the city and got hit with NY state/city/NJ/federal, lol!!
Oh, and the weather is a little nicer down here in the winter ;)
Nice close peeps!!! Should be a fun week!!!
My sentiments exactly 10bagger
This guy is awesome. As a CEO myself of a 5 year old $20M aerospace company that I built from $0 I can tell you he is doing things the right way.
If his business plan execution is as good as his investor relations we are golden here.
Gotta love it.....the buzz about ANDI will have built nicely by then I imagine with several large distribution partnerships already having been announced.
Utopya could be the "hot device" of that show ;)
Agreed 100% emz....glad we were able to hash that out for the board together, lol!!!
Here's to us.....and ANDI!!!
Agreed but sellers in a normal market are created by the supply demand dynamic.....not some knucklehead trader constantly undercutting the ask with large blocks just after an uptick.
My opinion is that someone large holder, or someone who wants to be a large shareholder, is trying to box the share price into the .009-.011 range to accumulate a significant amount of shares before the PRs are released.
I hope he loses more shares than he acquires as he is playing a dangerous game.
Possible. If true glad to see him/her exit here as they clearly have the stinky pinky mentality.
If ANDI has 1/10th the success of BLU you are looking at $70-$100M in sales and probably anywhere from $20-$40M in net income off that revenue.
That guy will have left millions, possibly tens of millions of $$$, in profit on the table.....and I will chuckle about it ;)
By the amount of time ETRF has been top ask the last few days it seems to me that the flippers are the ones holding us up.
ANDI will crush them very shortly ;)
Very possible griff. Looking for a .03-.05 close to the week WITHOUT news.
With news all bets are off ;)
Here's some news....we added like 40 BMs since Friday's close.
My guess is most of those people want a piece of the ANDI action so expect another green day ;)
Their questioning of ANDI's access to enough capital to get the phones manufactured is negative as well....guess they never heard of purchase order financing.
Then again, why would a two-bit stock manipulator know anything about raising capital for real business.
Yup, and watch IHUB show it as news in the am because we all know they aren't beyond shadiness when it suits their current trading position.
As long as Mike & Daryl keep executing on their business plan and building the U brand we will have many, many days to laugh at the feeble attempts of these low-life stock manipulators.
U is a real company and real companies don't dwell in the pennies for long.
I expect the ANDI launch code to be initiated sometime this week ;)
Whoever the Miami clown is that wrote this article is going to look really stupid over the next few weeks.....not too many naive newbies will be willing to subscribe to their joke of a newsletter after seeing how their price target gets crushed.
Or maybe it is the CEO of BLU, Sammy, paying some weakling newsletter to bash ANDI because he is getting nervous...and rightfully so, lol!!
I live down here and I have to say between Boca and Miami, South Florida might have the monopoly on penny stock crooks. Nothing would surprise me down here.
Management has already stated their manufacturing partner is ready and willing to scale production up.
From the 12/20/17 Q & A on the company website.
http://www.utopya.co/utopyaupdates
Interesting article on the size of the U.S. unlocked smartphone market from two years ago,
If you assume BLU's average sale price was $100/phone then you get to $520M in revenue for 2015.....from the U.S. alone ;)
https://www.twice.com/research/unlocked-smartphone-market-keeps-growing-60575
Looking more and more like we have caught a tiger by the tail here with ANDI ;)
I think the real question is how much of Blu's $700M market (there are other phones too and a HUGE untapped market in India alone as someone posted earlier this weekend) can Utopya capture.
My guess is our CEO and material investor are being extremely conservative when they project $100M+ in sales for 2018.
IMO, if they execute their business plan properly they will see several hundred million in sales ;)
I agree ANDI is different than 99.9% of the pennies but unless we get the steady news stream that you described the MMs may use any gaps as a means to short into any run then peeps start screaming "fill the gap" and it becomes a self-fulfilling prophecy.
At the same time I totally agree we could get a runaway gap that never gets filled.
No gaps please......don't need to hear the stinky pinky crowd screaming we need to fill the gap for three weeks after despite development of a real company.