Snap
$BYOC On Upward Sideways Trend In Anticipation of Filings$BYOC released an unaudited 8-k yesterday in the first of filings to be dropped similar to $ATPT
It is anticipated that the move up past the .03 break will be greater than any and all moves it has made so far once the filings have posted as institutional buying pressure will begin to pour into the stock as many and much greater updates will be released afterwards including acquisitions of 3 Big data companies under the umbrella of the company.
A .03 break is possible this week as the chart shows a slight upward sideways movement.
SNAP - Key range break with Volume Expansion Snap after a disasterous IPO has spent last couple months in equilibrium. Selling has been exhausted as its healed. Yesterday we had a key range break over resistance with nice volume expansion to confirm validity the price movement. Its holding up today after early morning push. watching for this pattern to build needs to really break over vwap
SNAP LT $21 ST $18 | Strategy TradeThis is completely experimental and for research purposes only, this trade will only be followed by myself. I need to have a public store of all experiments to publicly track progress over long periods of time.
Equal move (=1) making an expanding triangle pattern. This will complete at either two buy points indicated with the lower green boxes.
Both areas are valid areas of interest, use stops or risk management accordingly. Personally I use low non-variable quantity purchases with no stop in order to spread risk.
Experimental cross trend support from initial offering, somewhat trying to seek a new pattern similar in mechanics to a falling wedge or triangle.
Areas of interest based on market inefficiency theory, price tests areas of missing price action.
Indicators:
RSI - Period: 14 - Close
OBV
Volume - Period: 1
Long term target for up to 2 years is $21. If Snapchat become profitable and sustain growth overtime, share price may exceed $21/share up to 10x initial investment below $13. However if Snapchat fails these shares will be forfeit unless sold prior to liquidation.
Inherently a company which doesn't currently turn profit is a high risk investment, all care should be taken to lower risk as much as is feasible.
SNAP-CHAT "HOT" IPO : SHOULD YOU BUY ? EVERYONE IS BUYING THIS..IPO stands for initial public offering
but it also stands for: it's probably overpriced
:Imaginary Profits
:Insiders Private Opportunity
: Idiotic, Preposterous, and Outrageous
Buying IPO is a bad idea because it flagrantly violated one of the most fundamental rules: No matter how badly other people want to buy a stock, you should only buy if it's undervalued.
In the example above, IPO VA Linux's shares were valued at a total of $12.7 billion while company total worth was only $44 million. That IPO fell from $293 to $1.19 Per share.
Before Buying snap chat stock please do your analysis, look at their financial statements, their debt, earning etc. Do not jump in because it's a "hot" issue and everyone else in jumping. If your analysis shows that snap chat stock is undervalued then only buy it.
While there was a chance to become a billionaire by buying IPO's of a couple of companies like Microsoft, Apple, Coke there's was also a huge chance to get broke by buying IPO of thousands of companies like VA Linux.
References:
"The intelligent investor" by Benjamin Graham (book)
“Security Analysis” by Benjamin Graham (book)
$GRDO Continues its Uptrend on Higher Accumulation + UpdatesClick this link to read the Massive *Rolling DD Packet* We have put together for this Stock: sunnymoneyfamily.com
Here is the news that got released just today:
$GRDO News Shareholder letter! International Venture Society Presents the Following Shareholder Updates (OTC PINK: GRDO)
International Venture Society (IVS) is pleased to announce that the custodianship proceedings for Guard Dog, Inc. (GRDO), Media G3, Inc. (MDGC) and MC Endeavors, Inc. (MSMY) were successfully adjudicated on its merits and granted in favor of IVS. The company, through its attorneys, will provide to the courts a 90 day status report on progressions made in regard to state charter revival, company reconstruction, merger candidates and regulatory compliance. In order to satisfy obligations to the courts, shareholders and potential merging/acquisition candidates, we will begin taking the necessary steps to seek reinstatement of the Nevada charters in the following weeks.
“I am hopeful that the stockholders of the individual companies will view the courts' decision as a vital first step for International Venture Society to construct these long non-operational OTC companies into legitimate businesses once again,”stated International Venture Society CEO Kelani Long. “While our attorneys start working toward charter renewals, I will be evaluating possible business models as well as mergers candidates for the companies.”
$GRDO tweet reply from the Company that Bill Shaefer has nothing whatsoever to do with this shell any longer!
twitter.com
$GRDO tweet on upcoming company updates smile
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FYI in order take-over a stock-shell through_the courts in a Custodianship case as opposed to buying one you have to have a business model and a timeframe for what you
are doing. You also have to bring the stock current and follow guidelines set out in the case.
A public shell can cost anywhere from $35,000 to $600,000 depending on the shell you are buying. Knowing that surely the courts will make sure a legitimate company will be taking over the symbol.
Courts don't just take away and hand out dormant stock shells to someone else with no purpose!
This should get very interesting in the coming weeks!!!
Short throgh August
pbs.twimg.com
SNAP shares have a lot of stock that could not be sold to the market @ it's IPO , called a lock up .
The above has the amounts of shares being added to the already for public traded shares .
These are not new issued stock , but other shares for backers , employees etc , who helped the company and took shares for none existent money at that time .. they hope to get their rewards when the company goes public . And now they want their pay for their work ! Reasonable .
But these stocks have to be bought by some one and that will determine the price ,
IF Earning actually earn , exit the position .
$VCPS Wine Club and App Patent Approval Could Send This .01+***$VCPS GROUNDBREAKING WINE INDUSTRY APP LAUNCH***
VCPS is an OTC Pink stock that is current and trademarked in the wine industry with a mobile app; patent pending. The wine industry is expected to continue it’s exponential growth in 2017.
VinCompass seems to have a leg up on this projection with the amount of effort they have put into their brand.
Special Wine club
The VinCompass Signature Series Wine Club is a key component of our members' ongoing wine journeys. Featured wines are true to their places of origin, but also demonstrate innovations in winemaking that make them must-haves for those interested in expanding their wine experiences. While not all the featured wines have cellaring potential, they will all bring delight to your table.
VinCompass Currently has a Wine Club that will bring in substantial income a rundown of which follows:
Wines $50 and under:
3 Per Month $90 Monthly Payment
6 Per Month $180 Monthly Payment
9 Per Month $270 Monthly Payment
12 Per Month $360 Monthly Payment
Wines over $50 but under $100:
3 Per Month $180 Monthly Payment
6 Per Month $360 Monthly Payment
9 Per Month $540 Monthly Payment
12 Per Month $720 Monthly Payment
Wines over $100:
3 Per Month $270 Monthly Payment
6 Per Month $540 Monthly Payment
9 Per Month $810 Monthly Payment
12 Per Month $1080 Monthly Payment
VinCompass is a wine company that is working on a patent pending application similar to Leafly (marijuana) and Zillow (real estate) but for the wine Industry.
Their application is downloadable on both the Android and Apple App Stores. Access to their application is currently by invitation only. Per their website you can request an invitation code via staff@vincompass.com (This is thought as a testing phase before the approval of their patent.)
Their application is patent pending and has been projected to be granted in 2017. The company has been noticeably busy on OTCMarkets as of June 2017 and the CEO has even purchased 18 million company shares at a higher price than it was worth at the time per Form 5. It is thought that the patent may already be granted and they are getting their filings up to date and buying company stock before announcing anything.