RE: House 5 continues to buy..tooheavy2"Pump and dump"
LOL, gimme a break, that's (sorry to say) one of the dumbest things I've been accused of especially when it comes to this stock.
I've been in since July started buying in at over $3.00 only to watch it go down to the $2.00 range. If you bothered reading all of my posts since July you would see that.
I tried to make other investors aware of Sonic by posting on some other boards (if you consider that pumping) and if you check the dates of when I first posted you will see that Sonic closed at $2.19 that day only to drift down to $2.00 before it's run up. If anything I gave perspective investors a chance to get in at a cheaper price than my average and they didn't have to wait 9 months to see their investment start turning green.
https://www.qiscapital.com/forum/display_thread.pl?id=315
https://www.hotstockmarket.com/board/cgi-bin/yabb/YaBB.pl?board=Canadian;action=display;num=1110260039
https://www.theshopperscooperative.com/phpBB/viewtopic.php?t=914
Maybe you may not find it meaningful but I sure would like to know why house #5 Ind Alliance has bought 162,200 shares at an average of $2.92 since April 1st, you consider that pumping???
The rise in the stock price could be temporary if they don't start processing some dirt
For almost 5 months we've been trading in the $2.00-$2.50 range, in your opinion why do you think we've moved up all of a sudden?
People speculating that things are going well?? I don't think so, I think they're much closer to the story than you and I are. There area few houses that are scooping everything up and accumulating in this range. I think the reason that we slipped down to that range is because Sonic had some delays that they couldn't control and set them back a bit (time wise). Now the way it's trading it seems like they're back on track.
They can't start processing dirt until they become fully commercial
As far as financials go think they came out in the last couple weeks of May last year, shouldn't be much in them anyways until they start generating some revenue.
when are they going to start processing? Next week? Next month? Next Qtr? Next Year?
We haven't heard anything since March 8th I would think we must be getting close to an update.
Thanks, I hadn't thought of that. Given the number of posts you make, I would have thought you and others might have some of the info that you might want to share with other shareholders or perspective shareholders.
Have you gone back and read all the posts over the past 4-5 months? There aren't many and I'm sure you would get some info from them.
The only provocative exchange on this board was from Spiderman.
I wouldn't consider it proactive, he is clearly a basher. Why would someone that doesn't own any shares come on here and tell us Sonic doesn't have any revenue and their technology might fail. People (including myself) that have invested here already know that and are taking that risk. Sure it could go to .20 cents, I never said it couldn't but that goes for any stock that is in the trial stages of their technology. Spidey I'm still waiting for you to give me that list of those companies that have all failed.
Thanks anyways. I'll sit by sidelines on this one.
Once again if you're going to make your investment decision based on what me or anyone else posts on here I would advise you not too. Send an email to Sonic or phone Adam, he'd be more than happy to answer any of your questions. Then perhaps you can make some "meaningful" posts for the rest of us.
I have 25,000 shares @ 2.45, believe me I'm not here to pump and dump this stock.
good luck
The only thing that I might consider pumping is me calling it a "potential 10 bagger" from $2.20. However when they do go fully commercial a 10 bagger might not be that far fetched...ok now I'm pumping
