BlockchainK2 Corp. V.BITK

Today’s trading

[MustangSalley]

Today's entire volume has between Echelon and Anonymous . If this does not show the artificial manipulation of share price , I don't know what qualifies.

Nothing going on here folks , keep moving on.

Ms Sally

[enlcan]

Yep, 87,000 shares traded with no change in price. This BS is getting old these people must be getting nervous. I don't think anyone is really selling so this trading of shares is for nothing. I have sold no shares and dont intend to. 

[woundedknee]

Maybe more news flow would result in trading that means something. I believe this stock was touted about a year ago to hit over 3 bucks a share. OOPS!!  No matter, still holding and have said I would get out if this ever hit 50cents. But on the other hand, if it does go back to that area maybe there's a reason, so a person's mind set changes for sure. gl 

[woundedknee]

Just to simplify, if this does start to move to 50 cents or more I don't think anyone here will sell at that point...because of good news that caused this to move north. JMO

[enlcan]

Agree, from what I see there are mostly investors in this one. It ceased being a traders play a long time ago. 

[woundedknee]

Probably because most of the traders were wiped out or sold at a loss . And I agree, there are mostly investors remaining. The question is... are they wise or foolish?

[enlcan]

That is a good question. The other one I have is, why is this thing still being held down. I don't see the upside for Wainwright in holding this down with this phony swapping. Anyway we should be hearing about Amplify soon.

[rixpix]

Wise or foolish?? Good question, WK, It'll be answered within time. Almost a million shares have traded so far in February but some insist on callling the trades phony, the volume phony, and being held down artificially. I've been reading this for 8 months now. The more it goes down, the more phony the trades seem to be. LOL. It's true that some hedge funds might artificially try and

[MustangSalley]

WK, "no reason to hold share price done for months None! " That is novice comment imo. The hedge funds want to get free paper in a financing . They cover their short and have a huge position at a very low share price . Why wait for months ?  They are waiting for prospectus to be finalized imo. So the trading is phony imo . They have taken all the shares from retail investors.

[enlcan]

Yes, that makes sense. Thanks Mustang.

[woundedknee]

So, in relation to your comments; does this company need to go to the market? And if so, why be blackmailed by a hedge fund? Management could quite easily provide temporary financing for our company if they truly believe there is unlocked value here. That would in effect be gving the middle finger to those that are trying to bring this company down. Another point that we've been hearing for

[woundedknee]

And to comment further MS. Those comments by rixpix may indeed be novice as you call them, but very few retailer investors are classed as professionals. And, unless you are worth millions of dollars, I can see a "novice" getting a bit emotional after being in the red 50 or 60 grand. Some keep their cool, others get hot under the collar. What we really need is more info on what lies ahead

[MustangSalley]

WK, My comment is only directed at one person. Really I am only speculating as for reason for price drop and offering a different opinion to the other poster. Call management and ask questions directly  or at least ask when there is AGM. Prospectus does say a few things . With Standard Power they get mining revenue every month I think. Not sure what's going on with iRecover or no

[enlcan]

The tentative date for the AGM was supposed to be February. I am guessing that has slipped. The Standard Power deal brings in a small cashflow that pays for day to day operations. The Hedgefund or whoever is still shorting is no longer making money from the shorting so what was the end game? I think the waiting for a cheap financing is a reasonable theory. The supposed phoney trading, supposedly!&

[woundedknee]

As long as it's not the banker's money, (and my investments are with my money) then every one has that choice. Good "family day" everyone.

[rixpix]

Enjoy you famiy day, WK I think we are the only province without a family day.  In Quebec we are a distinct society. LOL. 

[woundedknee]

Just going over your post enican; I like your confidence. Let's hope there's some good news in the next few weeks to ensure that your confidence is upheld. And thanks for the Standard power info. Swapping, phoney trading, and cheap financing. We've heard those terms forever it seems. I'm not even sure what those mean. Maybe trading & shorting between accounts by hedge funds

[enlcan]

WK you're welcome.I don't know why BITK was targeted I am sure if there is a plan. Seems like a large effore for such a small company but it does own the 6% of Realblocks and they are private growing very fast. If you could kill BITK and buy the carcass you would have a cheap in on Realblocks. Its a theory. I do know we should be close to the launch of the Amplify Games online store albeit

[MustangSalley]

Remember management owns lots of shares so they have a vested interest too.  MS .....no lidocaine 

[Stockhousemoney]

22.52% % of Shares Held by All Insider

[woundedknee]

22.52% sounds good, but that's less than 4 million shares...maybe they should be doing a buyback at these prices. That would increase their percentage. WK

[enlcan]

Not knowing their ability to do it, I agree.

[rixpix]

Well said, WK. One point on short selling. Short sellers sell stocks that they feel are overpriced. I can understand BITK being shorted at $2 because it was sky high and they made money doing it. But now @ 20 cents to believe people are still shorting it is a pile of doo doo. There is no money to be made short selling at 20 cents.  Shares shorted as of Jan 31st is 30 thousand. That's

[MustangSalley]

WK, Great questions.  Perhaps try to get a hold of company and ask directly . MS

[woundedknee]

I've made a few inquires in the past. I guess it's a waiting game for all of us.

[enlcan]

MS check your inbox.