ALL I WILL START WITH IS- tmrw better be a much much stronger session. This was rather disappointing on a day we actually got the proof of DFAULT and victory for NWGC- many said wouldn’t occur. All eyes are on tmrw as this could easily move to .016-.018 + pps now that Miller was cleared to submit the shareholder meeting. Could even submit it for tmrw. Since we had this week delay anyway :)
Today it appeared that the market wanted this to be trading at around .013-.014 + pps -on default proof/ but one retail seller took advantage of the validation ....right when default was found or announced... SHAREHOLDER MEETING to elect CEO should be filed shortly.
Careful review today - and it appeared concerning if the pattern continues. Look at the chart and trade action. RETAIL SELLER- used the default news to sell about 5 mil from .012 to .014 pps and then used teaming shares to sell it down to.01 pps in a matter of 3 minutes into the bid. They then put up 5 mil on the bid side around .0088-.009 pps.
ITS A SHAME THAT WE SHAREHOLDERS Are IN THIS POSITION. The pps is far lower than where it should Be if you look at any default judgment wins- for custodianships that took months long. THE DEFAULT WAS FILED. custodianship was won. A 45% gain upward brought down on a 1.5 mil shares sold into the bid. One would have suspected this stock would have traded better than where it ended up on the actual news of the proper default filing. Tmrw this should easily trade back without pressure to .014-.015’+. Pps. It should have been challenging .02 + without retail games. ***The games being played by certain retail here are actually causing some folks to leave this opportunity and if that continues to occur - I can identity and wish them the best.
There is no reason this for be trading under the .016 + pps area when we all thought the proper default filing by the clerk was issued. That was just this past Thursday. It’s a shame really.
Conclusion- TOMORROW will be a big day in my eyes for this stocks true validation. Flippers will lose core shareholders and the base if they continue this downward trend path. i still remain bullish here but tmrw will really matter IMO. This stock cant keep affording to under perform after actual court legal action THATS VALIDATING AND VERIFYING. That makes no sense. The default is official. And yet the stock stalled ALL ON RETAIL GAMES. I will make some decisions on this stock over the weekend or early next week and give opinions- after those sessions. I will also seek some more DD. But if this stock pps struggles for traction again tmrw against day trading flippers EVEN AFTER THE ACTAUL DEFAULT filed- - then it No longer hold that same appeal to many other shareholders.
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