MAGA_PATRIOT
2 days ago
Sure would love to see a tangible update this week. While I appreciate these recent updates, I'd really like to see something that can bring some eyes to us, move this back up, and sustain it. Still hard to believe that we're sitting where we are, and even harder to believe that we keep moving down.
Hopefully the next update just drops vs having it hyped prior to dropping. Others may disagree, but I believe pre-announcing that an update or PR is coming has proven to hurt us more than help us. But.... That's just me....
$PWDY
MAGA_PATRIOT
1 week ago
Good update, but until they drop an 8K with something BIG, tangible, and significant, we'll remain under the radar and trading in this area.
As I've said many times before, when we see that the MM's on L2 have increased from the 4 we have now, that will be a tell-tale sign that somethings coming. Until then, I'm not expecting much of a change. Still holding and still expecting BIG things, but hoping they'd come sooner. Based on their updates a month or so ago, I genuinely believed that $0.01 was right around the corner, but now appears to quite a bit further out. Oh well.... I can wait.....
$PWDY
MAGA_PATRIOT
3 weeks ago
As I've mentioned multiple times already, with the lack of eyes on us, lack of volume, enormous spreads, and the resulting volatility from such, tells me that anytime I see us opened below prior close, 99% of the time we're kept below that prior close all day.
For example, we closed yesterday at 0.0034, then today were immediately bid-whacked to open us at 0.003 (-11.8% on a whopping $30 trade/10K whack), based on the pattern I've observed since being here, it's very unlikely that we get back to 0.0034 today. However, the market is closed tomorrow and the week of July 4th is typically a slow one regardless, so hopefully they surprise us with something truly significant next week.
That said, I'm still having trouble believing that we've dropped all the way back down here, as well as that more people aren't paying attention to us yet, and instead are throwing their $$$ at a bunch of OTC trash tickers. I know the OTC all too well, but this is still hard for me to comprehend.
The "glass-half-full" and/or "good" news for those of us here who can see the forest through the trees and/or see potential in PWDY, is that we can move up just as easily as we've moved down. All it will take is 1 significant/tangible PR/development and we could be off to the races. Additionally, even though our pps has been dropping, the "UNDER THE RADAR" Accumulation, which originally got my attention with PWDY, has not stopped (snippet shown below). That beautiful accumulation pattern continues, and I'm 100% confident that is no coincidence. The only question is "when" (NOT if, but when) will PWDY surprise us with something significant/tangible?
Anyway, I'll be back next week, unless today suddenly changes course and I start getting alerts.
Until then, I wish everyone here, and your families, a wonderful 4th of July and weekend!!!
MAGA_PATRIOT
3 weeks ago
Hey TBT9460 - I agree with you. However, I also believe that we still need more eyes on us/volume for us to sustain any highs. Until then, I believe we’ll continue trading within the same 0.003 - 0.0059 range that we’ve been trading in.
Without more eyes/volume, it’s jus too volatile with those enormous spreads, and flippers and/or whoever’s trying to accumulate can drop us 10-25%+ with a tiny bid whack…
We just need to wait it out for the company to drop something truly substantial/tangible, at which point it will be game-on…
$PWDY
MAGA_PATRIOT
4 weeks ago
Hey Aabb69 - I haven't seen you on any the boards/tickers I've been in before, so it's nice to meet you (virtually).
I agree about it not taking much to move and I believe the company is doing what they should be doing behind the scenes. In fact, as I mentioned yesterday, I believe the plans that we were just made aware of recently, have actually been in the works for quite some time. I know I'm beating a dead horse with this, but it's worth saying again. Our accumulation pattern since June 2023 is no coincidence and I'm confident that it's leading to some significant growth, news, BOOM's, etc....
That said, I disagree about IR. I'm not saying they're doing a bad job, just that PWDY is not your average run of the mill pink ticker that needs hype. If news is coming and he wants to promote it ahead of time, that's great. All I'm saying is that he should be careful with how words/phrases things. When these IR co's build up expectations beyond what is actually coming, it has a negative impact. I've seen it more times than I can count with pink tickers, and PWDY doesn't need that. They're OCF positive, audited, SEC Reporting, Large insider ownership, no dilution, no toxic debt, in a sector that will only get hotter, etc...etc...etc...
Also, I don't believe that "6 months" statement impacted trading as much as IR did and the letter itself. When IR posted that official news was coming, more than likely most shareholders and others watching were expecting tangible news vs a letter with their plan laid out (aka this is what were "going to do"). Just because they said "over the next 6 months" doesn't mean that we're not going to see any news, increased volume, pps increase, etc... for 6 months. Who knows, the volume could start coming in Monday and driving the price up. I think that "over the next 6 months" was more of a fluid statement, but I expect to see some positive changes with volume, pps, etc... well before 6 months. But as always, that's just my personal opinion and/or $0.02....
I'll be back to check in Monday morning, with the hopes of not seeing an opening ask lower than yesterday's close, as well as the hopes of seeing additional MM's on L2.... In the meantime, have a great rest of your weekend!
MAGA_PATRIOT
4 weeks ago
I sure hope so... Like I've said many times, the "under the radar" accumulation beginning in June 2023 is no coincidence. It leads me to believe that although we're just now hearing about NDA's and potential M&A's, I think they may be further along than we think and/or this plan has been in the works for longer than we think. Somebody or somebodies knew something back in June 2023. The accumulation tells me that story.
That said, you gotta love the OTC... The volatility with this stock is just insane. Most of the time lately, our spread has been around 10% or more for the majority of each day. All it takes is one tiny bidwhack and we drop 10% or more. Combine that with the lack of volume, and anyone with several million shares can very easily control the pps. Down almost 30% on a whopping $50K traded today....Seriously? Can't make this stuff up...
I'm hoping that their IR guy stops treating them like a typical pink (we're not) where he hypes up every piece of news as though it's earth shattering. If he keeps doing it, it will destroy credibility and cause more harm than good. If we're getting news, just say to expect news (Today's letter was nice, but I don't consider it news. The news about the NDA was nice, but I didn't consider it more significant than others. Not saying it's bad, just that an NDA in and of itself is not definitive of anything). If the news will TRULY be amazing and/or more significant than any others, than say it; but don't say it if it's not. When shareholders hear "SIGNIFICANT" or "BIG NEWS" or "SUBSTANTIAL" or etc...etc...etc..., the expectation is always that it will be something that not only brings in a major increase in volume and increase in pps, but also that the increase in pps/vaule will be sustained.
Lastly, I'll be checking L2 each morning at the open to see how many MM's are showing. Once I see that number increase beyond 4 (at least 6-8+), I'll know it's time to pay close attention again and/or an increase in volume is coming... Until then, I think we'll pretty much keep repeating this past week until they're close to dropping some TRULY BIG/SIGNIFICANT/TANGIBLE news.
Have a great weekend!
I’m thinking the end of July this maybe penny or a little more
MAGA_PATRIOT
4 weeks ago
This is exactly what I was saying the other day. I believe PWDY is doing exactly what they need to behind the scenes, but when IR is posting that "official news" or " more significant than other" or etc..etc...etc..., it builds up expectations; so when the news drops, even if it's good news, if it's not on par with investor expectations from IR's posts, people will be disappointed and the pps will go down.
However, this is not because of the company, it's just the way the OTC works. If IR keeps this up (building up expectations ahead of every news), it kills the credibility for when something truly significant is coming. I've seen it time and time again with other OTC tickers, as I'm sure most on here have as well.
Lastly, I was PM-ing with someone else the other week about this stock, and brought up the following. I'm overly-analytical, and pay attention to trading patterns, L2 patterns, MM patterns, etc..., and when we see that the lowest pre-market/opening ask is equal to and/or lower than prior close, 99% of the time we will remain under that opening all day. For example, yesterday we closed at 0.0049 and today's opening ask was 0.0048 (2 snippets at bottom of post showing the opening ask and the simple iHub chart showing how once we went below yesterday's close, we stay below it), so as soon as I saw that, I basically checked out for the day, as I expected the kind of day we're seeing now. However, we may see it go back up and close around 0.0044-0.0046, but we'll have to wait and see.
That said, as I've been saying, I am long & strong, and 100% confident that PWDY will not only hit and sustain the 0.01 QB minimum, but that they'll surpass it substantially. It's just a little further down the road than we were all hoping for.
Anyway, I agree with you that it's not bashing and that IR should be more careful with their posts; but then again, that's just my personal opinion... Have a great weekend everyone... Looking forward to what next week brings!
MAGA_PATRIOT
4 weeks ago
I would agree with late July/August, but all depends on what news they release and when. I have no doubt that PWDY is working hard behind the scenes. My point was just that a lot these OTC IR folks tend to build things up more than they should.
That said, I think today will present yet another buying opportunity, as I believe we'll remain under .0046 most of the day, and likely close under it. With the lack of eyes on us and lack of volume right now, the spreads are too big/volatile. We've seen the same pattern lately, where our HOD is basically prior close and generally right at the open, but then once we're bidwhacked with the big spreads, we can't get back to it the remainder of day. All of this should change once they disclose something truly significant & tangible.
Nevertheless, still holding holding for the big one. The accumulation trend since June 2023 is no coincidence. It's leading up to something, and I believe that something will be BIG; just a little further out than we originally thought....
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