Like I said last years low .04 this years .09 and only for a 2900 share trade this year is the last we will be at this level IMHO history speaks for itself.
I got in just as that Scranton thing was in the middle of being cleaned up and when the acquisition in Kansas came about I started accumulating in earnest. Then when the turnaround in revenues happened so quick with Q2 results and then the third rose I went into overdrive.
I tried to bid this stock all last week got nothing except a 10K fill from a short seller. My bid yesterday for another 10K @.105 never even showed on level 2. And when the MMS started to try and drop it yesterday lowering the bid widening the spread to short squeeze territory then the 100 MM paint signalling the need for shares I smiled from ear to ear. I get off on the OTC's man more so than the BBoards I play and invest long in, they are rather boring really.
This isn't a play for me except to get another 10K block so that I can play 30K shares and turn them into 50K. I don't play my longs except to build position. It does get monotonous talking to ones self from time to time LOL, but its the same on all my OTC longs I only post on 3 now with this one and the other four I don't post as nobody else does. I am looking to have 1 million shares by June then I will close the sack up for good and let it ride from there.
This one I am as happy as can be and the undervalue situation on the stock is fine it just gives me more time to continue to accumulate to hit my million share mark before it starts really getting noticed. Its a given what its going to do this week it historically builds volume till the 10K then goes into beast mode for a day or so.
This one has me more excited than usual because of the situation, the shorts jumped on it last week and are still short 60-70K the MMS naked shorted it a bit Nite mostly and the books have to be clean by Thursday as that is the reporting day for FINRA for MMs and short positions and they are not supposed to be naked shorting wink wink so they cannot show that. They have to report the 15th and the end of the month which this month with Good Friday and Easter is Thursday.
And I love watching the level two game they play trying to get the books cleaned up, this is the perfect storm 10K coming, shorts and MMs need covering and volume is coming will be exciting everyday as it builds into Thursday.
Yesterday the bid dance they were doing showed that its gonna be something to watch because these types of OTC stocks aren't PR based hype with nervous Nellies looking to pull the trigger to sell with MM level two games.
Ok I am off I have to focus on some other stocks today I want to start building a couple more BBOard stocks for the retirement today and will be knee deep in paperwork and charts to see which ones are ones I should focus on. Will have this one on alert and check it from time to time and will place by bid before open again. Have a good day all happy trading out there.
Peace out.
Recent SKAS News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 07:45:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/12/2024 08:45:17 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 03:24:36 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/10/2024 05:47:03 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 12/21/2023 09:15:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:15:29 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 12/04/2023 09:54:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 06:14:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 06:13:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 06:13:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/01/2023 06:13:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 08:58:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/28/2023 08:57:28 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 07:40:50 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 08:00:09 PM
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