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It’s possible. If this drops under .07, it will fall hard and fast.
Since there is zero buying pressure or volume, it should dip under .07 in the next 2-3 days and then bounce in anticipation of the June 15 “announcement”
This is stuff they were doing 9 years ago when the ABC news story aired, same song and dance over and over. I wonder how different their FDA application was than the first time they applied.
wow. getting throttled. hello .06's coming soon
I would just be happy if it closed green. Been bleeding for weeks.
Tiny volume. If this had buying pressure we'd have another run into the teens unless MMs jumped in to squash.
You would just think that given all the news this company releases that followers would be going up. It's not a good sign when a ticker is losing attention.
MMs are back. Manipulation has changed from 10k share flips to 8500 share flips.
QNTA is losing followers on iHub and Stocktwits. I wonder why that is given all this great news...
If you don't understand how this stock was manipulated, I really can't help you. All you had to do was watch L2 for the past few weeks and see the 10k bids flipping back and forth all day.
True. At least the flipping seems to have subsided. But price action is terrible right now, slowly moving down, will test lower support probably by lunch time unless buying pressure returns.
I wish I could agree. This looks like it will test .06 and under. I expect it to bounce at some point but this isn't looking good short term.
I don't like it. This is going to continue to test lower support levels for awhile.
If this dips under .07, it's an easy drop back to .05
Like I've said, there's two sides to this company. The company itself, and the stock. The company looks decent and has a lot of positive things going on but the stock is typical manipulated OTC nonsense. The PPS doesn't coincide with anything the company does.
Case and point, here we go with yet another red day as this stock continues to test lower support levels and lose followers on stock trading forums and platforms, despite consistent "good news"
Random? I was watching L2 last week like many others were.
This stock was getting dumped last week. The price will continue to drop until some buying pressure returns.
More flipping and prices going no where but down until a random pop to like .50 sometime in the next month or two and then a dump back down to .12
I’ve done plenty of DD. I’ve read all the news on this company going back to Dec 2020 (because before that there’s almost nothing on Medolife until around 2012, strangely enough).
And there are two sides to it. The company itself, and the stock. The company seems very real and genuine with goals and products with great things going on. The stock doesn’t represent that.. Heavily manipulated, bots flipping it constantly, no natural price movement. And that’s what myself and MANY OTHERS on this board are complaining about. And I ask genuine questions about it, on this board and to the company itself, and I get met with hostility from some posters here.
The question about outstanding shares, notes, and dilution was angrily punted on their conference call. And it seems to be met with the same sentiment on this board. So it seems like the answer is obvious. And the price action reflects that.
I am hoping the hype for the FDA approval by June 15 will drive up the price. Right now I’m not very positive about the way things are going PPS wise
Another day of manipulation and bots flipping. Par for the course for this stock. Need this to end to see real movement.
Too true.
They explicitly stated on the conference call to direct questions about outstanding shares and dilution to their investor relations representative. Now, I’m told they shouldn’t respond to individual investors. It’s starting to stink around here.
“Bashing”? I’m just asking honest questions, and not getting answers…
I have contacted Tom Nelson multiple times. I’ve sent three emails and one voicemail. Like others here, I have not heard any response. For someone holding almost 1m shares of this stock, it’s pretty disappointing.
I haven’t yet today either. But the question is still out there for them to answer, which if they aren’t, should elicit a simple answer.
You aren’t wrong. But one thing that attracted me to QNTA was the fact it didn’t follow the same chart pattern as the vast majority of the rest of the OTC market with the Feb 2021 pump and dump. I do now genuinely worry about dilution with this stock though. All the other plebs on this board swear up and down it’s not happening. But it happens with many many other OTC stocks, and I don’t see why this one is any different. The fact we never got a straight answer out of their CFO or investor relations guy, despite multiple attempts, is pretty telling IMO.
Another day of flipping and manipulation for this ticker. What else is new? This won’t move until the MMs want it to.
Do you work for Medolife or have any affiliation with the company?
Looking better now. I hope we can get back over .09s-.10 and stay there. Support over .10 would indicate a breakout incoming.
I wouldn’t be surprised to see .06s and maybe even briefly some .05s in the next week or so. It should bounce from there, but I’m really not sure anymore.
Thank you for that info. It is positive the Yield sign came down. But the price is still going down. It indicates what I suspect.
I contacted Tom Nelson again today about notes, dilution, and the total outstanding shares. I still haven’t heard back. I’ve left multiple emails and a voicemail. Between how their CFO spoke yesterday (punting the dilution question and saying “the 10-Q wasn’t late we filed it today” even though it was technically late) and the lack of response from Tom, I am wondering if we will get any answers at all.
The manipulation on this stock is unbelievable.
Yea I heard that but he kept tossing out 4-5 months about approval earlier on the call. I’m not sure if he meant the whole process including clinical studies
It was a greatly worded question and their financial rep sounded audibly angry it got asked. It’s obvious bro.
doesn't look like it'll move off .08. ton of selling today.
??? I'm watching level 2 and didn't see that.
for good reason given the price action but the main question is the FDA IND status
oh we all know the price is manipulated to hell. getting driven down for some reason today, probably much more tomorrow. I think it'll bounce off .06 though