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From +30% to -2% in an hour. Unbelievable.
Same.
But it doesn't make sense. The Ask is .0089 while the Bid is .0098. Shouldn't there be a transaction at PPS .0089 for some amount of shares?
The Ask is lower than the Bid, but the price isn't moving. How is that possible?
They have killed at least three rallies in the last two weeks.
PAUL back on the ask...
Problem is, what news could counterbalance denial to QB? It would have to be something massive.
Has anyone downloaded the newest version of the app? Looks like they're starting to test public ARks.
And now a million share buy out of nowhere!
Wonder if that's PAUL finally dumping the rest of their shares. Might allow the price to get over .0132 tomorrow.
Somewhere between .02-.025
Exactly. I had my doubts about this company during the ARkhunt, but they are really stepping up this week.
Public ARks is what this app needs. That, and a way to socially engage with other people's ARks.
There was a ton of hype just before the 1.0 release of the app, which sent the price to just over 3 cents. After that, some typical OTC BS occurred. Fortunately for us, TTCM is a legitimate company with an actual business plan that gives regular updates. While it would be nice to see the price spike to those levels again, slow and steady progress ensures we won't have to play day trader to keep those profits.
It's probably a little premature to talk about dividends yet, but once the company begins generating revenues we'll get a better idea of what that might look like.
How is PAUL able to cap the price like this? They're only showing 10,000 shares on the ask.
The terms of the GWR attempt changed after it was first announced, and I don't think TTCM had planned to need so many people involved to get the record. With only two days left, I don't think they're going to get the 7,500 participants.
The company will need revenues for a share buyback. That likely won't happen until the full version of the app is released or they acquire another company. The full release is still a long way out, and an acquisition is not guaranteed even though the company is actively seeking one.
The company is keeping the price above .01 by releasing news in the middle of the trading day. What happens when they run out of news?
I hope so. I want to start showing the app to friends and family, but there's not much worth showing at this point. I don't want to come off as overly negative though because there is a ton of potential with this app, it just needs work.
We don't know if this will include podcasts or just traditional radio. To be honest, the best advertising should be the app itself and let its popularity spread by word of mouth. The app needs significant improvements before that happens.
This. There's a ton of promise with this company, but their app is the bottom line and right now it isn't very good. Radio advertising is great, but they won't be able to hold customers without social features. Remember, this is supposed to be a social media app.
Might be. I'm also not convinced the app is ready. Yes, it's "only in beta", but people have been reporting bugs during the ARk Hunt. You would think the company would want a smooth product experience during what is supposed to be a big PR event. That, and right now it just looks tacky.
Company just tweeted it out along with a top 10 list of participants in the ARk hunt.
I hope you're right, but I'm sensing weakness in the pps. There have been some very large buys lately that would usually prop up the price, but that hasn't happened. People are selling out of the stock for some reason.
Unfortunately, that volume is heading us in the wrong direction...
Hard to believe considering the 1million+ share buys that have occurred over the last couple weeks.
Found a couple ARks today. Not going to find enough to win any prizes, but it was fun to participate in a GWW attempt.
Downloaded the update this morning. Looking forward to hunting some ARks over the weekend!
Billions of shares have traded since that person bought 300m. There's a good chance that person has already flipped them.
One day does not make a trend. The trend over the last few months has been a slow and steady increase in price. Sure, there was the jump to .03, but that was an anomaly.
The gains we've seen since then are arguably stronger than when the price jumped to .03+. It doesn't take much volume for this thing to jump even though what we should be hoping for is steady progress.
Aaaand someone just bought another 150k shares. Thanks for your constructive input...
It's certainly moving in the right direction. Better yet, the company is playing a large part in that by providing regular updates to the app and business developments.
To add to that, the float is currently 2.25B, which divided by 5,000 shareholders equals 450k shares per shareholder. Very reasonable for where the price is right now.
Depends on what you mean by not going anywhere. If you mean we're not seeing 100% gains every day, sure, but if you look at where this stock was 6 months ago compared to now you'll see gradual progress.
Friday is often when the company releases news so you may be correct.
Agreed. There's lots of little improvements that would help make this a better app. The foundation is there.
My guess is they're building because people know they're getting a great price. Levels of support have been steadily increasing for months.
Exactly.