@momotrader on X (twitter)
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Bid building for next weeks PRs.
42M 0002s now. Watching for the 10M+ blocks.
Folks need to not focus on current fundamentals or the past actions by this company. Treat it like a shell. OS, limited dilution, no RS, incoming new CEO, new revenue PRs (whether real or fake), and private investors paying debt in exchange for future post-uplisting shares and warrants (from Feb 2024 prs). Its set to be a momo play just like the other trips when the traders want to move it. I can easily see 500M in sudden volume (ie 5 min) happening in the coming days to spark it especially if the news reads well enough for the daytraders.
CEO tweeted a few weeks back that there would be no more dilution in April. The otcn mm sure seems to have solid supply today. Likely to hit 52 week high volume levels if 1.234B clears before close.
Once otcn is taken out for good i expect .0002 to fall fairly quickly. DRNK had similar structure as a 1x2 and its gone up 600%.
The key here will be how much OS was cancelled. Ideally more than 20%.
Got some 0004s yesterday. Will add 3s if they drop it more.
momo"trader" .. not momo"investor"
My reference is the fact that its down 90% in a month. Deadcat due and a great SS and price to do it.
TWOH - .0022 and a $220K Marketcap
Not saying this is a long term play but its fully reported on OTCMarkets. Rare opportunity. Has serious potential for at least a 2x-3x recoil. Any news and its much more.
Dilution will be over when OTCN disappears and a large 30M+ trade prints - likely inside the spread. Just keep an eye out for it. Its coming imo.
Last flush by the dilutors here. Some fills coming without supply showing on Level 2. OTCN needs out. Bid his supply imo. We're close now.
level 2 very thin now.
All the churn and flips from .0009 are done. Next leg clearing 0015 coming before close.
.002 break and close above will be everything technically for this play. Huge.
OTCN diluter back on 0011. Take his supply and hard bounce will happen.
added more 0011 .. avg .00106
CEO cell phone number is online. Tempted to call. I will if no PR or filing updates by tomorrow.
News soon -- feels like today after a 2 day holiday would be a good time. Its been over a month since the last update. And they usually release news right at the open (9:30 est). Hopefully that is the case. We could use it.
Resistance removed. OTCN is gone. Moved up to .0021.
20M T trade .001042 - OTCN is gone now.
Dilutor is/was OTCN.
OTCN (dilutor) getting thinner...
.001 still holding up fine.
next news we clear .003 for good.
10M share fill at .0011 ask into close.
BCNN - averaging up again .0011.
Full position now .. .001 should be supported.
Been a month. Management owes an update.
No dilution since 12/31. Latest update today shows OS and "Held at DTC" levels were unchanged over the past week. FYI.
I think a new PR/update happens this week. Too many things brewing. Its been a month since the corporate update.
Averaged up some 0012s today.
Next week should start the fun. Expecting company to update now that the new year is fully in gear.
re: Entered .001.
0012 is the next support lows. I expect a 8K or PR latest next week on the name change actions occurring. Also expect the dilutor to be done.
.003+ off that event.
BCNN 001 - 0015
otcn pulled back to .0022 and up we go.
Entered .001.
BCNN will see otcn on the ask up til new year. 0009 will be the lows. Then it gets cooking in January as management starts releasing the PRs, company name change, etc etc. Even if we assume 500M in O/S (and thats a stretch), this is as attractive a situation as there is for a trip play.
.0004x.0005 bottom.
These micro float OTCs are the precise plays that are getting juiced up right now. Will follow PDPG chart soon.
24M bidder is back from Friday. This will not last under .002 for much longer.
Thanks for the detailed response
Its always confusing how/when these small companies manage their conversions - its shady. All i know is looking at the chart in March, the volume exploded from March 14 til now and even still has held the March 15 lows through all of this dilution. I can make the assumption that they needed to accelerate the conversions into the end of the quarter .. either for the reasons you posted about April 3 or just to get the books ready for something larger.
I think next week will be very interesting .. especially if PAUL can lift.
GL.
Downdraft? Capital raise ending?
Where do you see that the capital raise ends tomorrow? Just wanted clarity on this. Seeing PAUL off the ask would be massive.
TIA.
Ny advice tonight ...
.. get in first thing tomorrow.
Just saying.
MT
cma.jik -- do your DD first.
10Q reports tomorrow - FYI.
You sound like a very young trader..
If youve tracked share structure over the past 4 months, the filings and the recent updates, you'd know that the conversions are almost completed. You'll see these updates in the quarterly which is being filed on Friday.
My advice learn about stock trading for a few years. You sound very new at this. 25 years ago when I started trading fulltime, I was also young and inexperienced like you and made unfounded statements like you did thinking my gut was actually a resource. Its not. You'll get there. Just be patient.
GL.
$DGTW Chapter 7 .. sorry guys. Ouch.
News just out ..
HOLLYWOOD, FL , Dec. 03, 2021 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) HCMC announces that its Motion for Leave to Amend its Complaint in its patent infringement case against Phillip Morris has been denied. As a result, the Court has dismissed the case. HCMC is deeply disappointed in the Court’s decision to dismiss the case and is exploring its options for appeal with its counsel, Cozen O'Connor .
Only poster maybe .. but
.. not the only reader or holder of this stock. I got a big big chunk avg .0293. ELVG needs PAUL mm to get off the ask. When he clears his dilutive supply of shares, this runs like the wind.
yes, its close.
From the ELVG filing ...
.. kinda overlooked items but were done within the past week (see dates)..
NOTE 12 – SUBSEQUENT EVENT
"On November 11, 2021, the Company entered into a consulting agreement with North Cape, AS, whereby North Cape, AS would receive 2% of any debt financing made available for the purchase of shipping vessels.
On November 15, 2021, the Company entered into a perpetual licensing agreement for all instances related to the proprietary crew management services with Seatrix, Ltd., an entity controlled 100% by Konstantinos Galanakis, in exchange for 7,000,000 shares of common stock which shall be effective starting January 1, 2022."
TY - I see it now.
Did you happen to get the AS figure too?
200% gain so far .. no one would listen in here
Too busy griping about the CEO or dilution or whatever.
Level 2s .0003 said it all. All buyers there.
+100% so far on my 61M shares
Feet still up.
I alerted this price action shift at .0003 and you guys STILL had another day to load millions of .0003s if you wanted em.
500% gain was my target and im sticking to that call.
B~
LOL - everyone in here ignored my "BUY ALERT" post yesterday
.0003 were getting chewed all day at the ask .. about 90% of the all of the days trades went .0003 ask. OBV had its first massive ++ day in months. All anyone did in here was bash the company, the dilution, the CEO, blah blah blah. Geez this was a major money making opportunity if you stopped barking and started paying attn to what was occurring on level 2s.
Picked up 61M shares yesterday at 0003. Feet up. This one is gonna deadcat hard. 500%+ coming easily on this massively compressed spring recoil.
BOING!!!!!
B~
OBV was almost +1B shares positive today
That hasnt happened in a longgggggggggggggggg time.
.0002 was the low
Short term BIG bounce coming +300-500% .. then back to the same ol.