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Re: BigBake1 post# 45107

Monday, 05/23/2016 1:29:10 PM

Monday, May 23, 2016 1:29:10 PM

Post# of 47295
The old days VS. now days on the OTC.


I agree the old days have left and the old 3 month pump flag up climb is more then rare, non-existent. That's why I haven't had a play active on the OTC for a long time. All you see now days are these traders groups create 3 to 5 day flash lightning strikes, which rarely hit 10X like before.

As for the difference between VC's and toxic financiers, I never saw the difference. Damn near every funding deal in the old days was a toxic funding deal. 50% discounts on issued shares was common before also. The only difference,, I think is the level of greed (lets call them angle investors) except when they sell shares for profits, now days.

You must be more knowledgeable about the OTC action now, then I, because I rarely ever look at what's going on. But I still looked for new issued funding shares, to try to play along. That's why I found CDNL and also FDBL. Both had a large percentages of the companies OS, just issued for funding. FDBL I'm watching and CDNL I'm in.

The reason I felt the old days manipulate for profit could happen at CDNL is I saw the old days chart picture 6 or 7 months ago, there. If it happened once, it could happen again. Especially since that 3 month 10x. There was another price pull down and this time 2 funding deals prior to this price run.

Take a look and tell me if that chart action NOV to JAN isn't exactly like what we both saw over and over and over in the old days.

http://stockcharts.com/h-sc/ui?s=CDNL&p=D&yr=0&mn=9&dy=0&id=p87767359104

A large price fall pull down for funding price levels. Then news of funding (in this case happened OCT) then a price and volume pop (to get retail attention). With 3 flag step up over several month after. The whole thing got over a 10X, just like the old days.

I will admit, to date, none of the new action has produced any big guy manipulation to indicate the funders are selling the shares they were issued. So I'm still waiting for a second round of the old days. Just like I've seen 6 months ago in CDNL.

LOL I'm thinking CDNL may be a flash from the past. If not, I still hold a nice sized position, with large natural driven gains for now.




Welcome to my mind!

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