What's comfortable is rarely profitable.
VNDM and the other institutionals are not evil, just savvy, and way more experienced in this OTC game than any of us. They know how to sell shares into the market with minimal disruption. How to liquidate large positions without crashing the market. Just look at the webpages of some of these MMs... They tout their ability to enter and exit market positions with minimal disruptions openly, they just only choose to work with high net worth individuals who play this OTC game for fun and can afford to lose $20k without batting an eye. All IMO, but IMO, us retail investors don't stand a chance... Except when you get lucky, but that is just that--pure luck.
Yep, VNDM is one of the evil "MM's"
Yup, that's the one.
Domain Name: ARTEMISVENDING.COM
Registrar: GODADDY.COM, LLC
Whois Server: whois.godaddy.com
Referral URL: http://registrar.godaddy.com
Name Server: NS1.WIX.COM
Name Server: NS2.WIX.COM
Status: clientDeleteProhibited
Status: clientRenewProhibited
Status: clientTransferProhibited
Status: clientUpdateProhibited
Updated Date: 15-aug-2014
Creation Date: 14-aug-2014
Expiration Date: 14-aug-2016
Certainly not encouraging.
And it was created last Thursday, I think, or maybe Wednesday. There's some post with the details. Either way, it's not old.
Have you or anyone else seen one of these artemis machines? Their website screams shady, as it provides no pictures, management info, or news.
Oh yeah, sorry, that's what I meant, "resistance at .0024," not human stupidity
My current hypothesis for why they don't just let these things run way, way up before dumping is that it would just attract too much SEC attention. Better to make it gradual and relentless than one big pump and dump. But I don't really know. My knowledge is all based on trying to "reverse engineer" what's happening behind the scenes based on L2 and trading activity and how things have played out over several months, with a baseline assumption that everyone is out to screw everyone and get rich at the expense of others... Hehe.
If nothing else,
it was fun and I just got to stick around .
As far as money, what I have in this is just a drop in the bucket.
Best to you and yours
Fair enough. I thought you might say resistance at 24, but "because I said so" is likely just as valid after watching this defy TA for months.
I'll always wonder what would have happened if the MMs and Wayne had just let this fly with no dilution for a week in June. The crash now would have been epic, but I know I would have gotten nervous and locked some profits as I always do.
Me too. I'm holding and hoping for the best. But only shares left over after selling enough to get my average down below .0008, where this might bottom out next. If that happens I'll reload and sell out at .0012 and be wary of anything Mr. Anderson is involved in in the future....
That may very well be the case. I'm sure I don't know. Still, everything points to a massive push. This thing is still loaded. I've sold too many stocks too early, based on the same or similar evidence. I'm not going to do it again. I'm holding.
"As far as .0022-25 just one last time. You base that assumption on what?"
I'll just respond with a quote from Albert Einstein:
"Two things are infinite: the universe and human stupidity... and I'm not sure about the former."
Never underestimate the power of blind faith. It's what this market runs on...
I can't say for certain that it wasn't a pump in March. But based on the subsequent news and current chart, I believe that there is still a bullet in the chamber. This is still primed for a run, whether it's a legitimate increase, or a sales pitch pump. Everything tells me to wait, and so I wait.
so when does sylios.com go live? supposed to be this week right?
I agree with you on the big OTC bet. There are plenty of smaller bets to be made with a much higher percentage of payoff. I will spread out my wagers more from now on. I got greedy with all the free time on my hands waiting for take off. I've never seen a stock sit on the launch pad so long with excellent technicals.
As far as .0022-25 just one last time. You base that assumption on what? I'm expecting a bounce to the mid teens if Wayne will work through some details I don't think he has to this point, and then a much less ambiguous PR r two. Going to take some work to get it back in the 20s. All IMO, but I'll just be shocked if we don't get a bounce.
Right, exactly. MJ news leads to massive speculative rise in PPS, followed by months of selling (ie "dumping"
We knew it was happening, just assumed (hoped) it was to clean the shell for a merger that would bring $5mil/year in revenues right away, even without MJ. With no merger, it seems that "cleaning out the shell" = "dumping" instead, no?
I do not see any differents sales wise
"All these companies want to do is just use us to pay off their convertibles."
This is exactly correct IMO.
For me the key is to not try to be the whale who gets rich buying in big, but the little sucker fish who hangs around the whale to get his fill of scraps before moving on to the next one...
Still think .0022-.0025 is a realistic sell point here, but I wouldn't miss that chance because IMO the next time we see those levels may be the last...