WPCS NASDAQ STOCK + BITCOIN! | Bitcointalksearch.org

byronbb

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HODL OR DIE

Quote from: byronbb on January 06, 2014, 08:53:53 PM

Good article ripping this stock:

http://seekingalpha.com/article/1929901-Irrational-Bitcoin-Buzz-At-WPCS-International-Why-Its-A-Sell

lol same site: http://seekingalpha.com/article/1986861-trade-wpcs-international-for-news-driven-swings-but-invest-for-bitcoin-revenue?source=email_rt_article_readmore

GigaCoin

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Giga

Quote from: skivrmt on January 06, 2014, 09:43:27 PM

Quote from: byronbb on January 06, 2014, 08:53:53 PM

Good article ripping this stock:

http://seekingalpha.com/article/1929901-Irrational-Bitcoin-Buzz-At-WPCS-International-Why-Its-A-Sell

First stock associated Bitcoin, good hype, terrible fundamentals and operating with huge losses for a long time. Buy on rumor, sell of fact. Live by those rules and you'll generally make a lot of money in the market.

but usually by the time you hear the rumor the price has already peaked, it's nice to be a insider.

skivrmt

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Quote from: byronbb on January 06, 2014, 08:53:53 PM

Good article ripping this stock:

http://seekingalpha.com/article/1929901-Irrational-Bitcoin-Buzz-At-WPCS-International-Why-Its-A-Sell

First stock associated Bitcoin, good hype, terrible fundamentals and operating with huge losses for a long time. Buy on rumor, sell of fact. Live by those rules and you'll generally make a lot of money in the market.

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

Good article ripping this stock:

http://seekingalpha.com/article/1929901-Irrational-Bitcoin-Buzz-At-WPCS-International-Why-Its-A-Sell

skivrmt

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Quote from: byronbb on December 29, 2013, 01:59:25 AM

No one has mentioned overstock's stock, jumped at bitcoin news:

https://www.google.ca/finance?cid=672821

It didn't jump. Overstock didn't move up anymore than the general overall market the day the news came out. Yes it went up, but the whole market was way up on the 19th! Investors don't care if they accept it. It's good for bitcoin, doesn't make a difference to Overstock.com investors. Now when Amazon or Ebay accepts it...then we'll talk.

byronbb

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HODL OR DIE

No one has mentioned overstock's stock, jumped at bitcoin news:

https://www.google.ca/finance?cid=672821

knightcoin

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Stand on the shoulders of giants

Quote from: byronbb on December 28, 2013, 07:31:18 PM

This seems to be the most important part of the article.

Quote

This past January they received a delisting warning from NASDAQ for failing to comply with the minimum $1 per share rule, but ultimately got a reprieve. Their market cap is a little more than $2 million.

This kind of thing is common, as no-name penny stock companies frequently jump on hot trends in hopes of stoking interest.

for me that's all about ... and fuzz their "longest string match up" bits ....

byronbb

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HODL OR DIE

This seems to be the most important part of the article.

Quote

This past January they received a delisting warning from NASDAQ for failing to comply with the minimum $1 per share rule, but ultimately got a reprieve. Their market cap is a little more than $2 million.

This kind of thing is common, as no-name penny stock companies frequently jump on hot trends in hopes of stoking interest.

knightcoin

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Stand on the shoulders of giants

Quote from: skivrmt on December 28, 2013, 05:26:57 PM

Quote from: knightcoin on December 28, 2013, 03:41:34 PM

Quote from: skivrmt on December 28, 2013, 08:26:04 AM

Quote from: knightcoin on December 28, 2013, 04:52:19 AM

Quote from: mb300sd on December 27, 2013, 02:30:35 PM

I'd put 1 btc in, but it takes days to transfer funds to my brokerage account...

me too, going to put 1 BTC, I could buy stocks at Barclays broker, but I don't trust Barclays anymore ... so I made a contact with a small broker in Scotland the whole process can take up week ... very slow cooking Grin

hope not miss a good price ... Tongue

Your brokerage account is guaranteed against loss (not market loss) up to a certain amount regardless of what happens to Barclays. In the US its $500,000. I'd much rather trust Barclays than a small broker in Scotland but thats just me!

Well my own experience with Barclays last year was not pleasure at all, since I track my balance sync with a old trusted NTP server since always... and also I don't know about https certificates either, and I really prefer give a try to small business where you can meet people face by face, rather than those guys who tread you as a number, a variable, an actor ..but not a real person at all... so I guess I going to bet that broker ...

Oh I agree with all points! I thought you meant an actual Barclays broker you've meant in person in an office. I think small brokers, as long as they are registered and safe is a great route to go for a purchase like this. Good luck!

yeah .. I got it from LSE list , but I don't know LSE https either ... Cheesy

skivrmt

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Quote from: knightcoin on December 28, 2013, 03:41:34 PM

Quote from: skivrmt on December 28, 2013, 08:26:04 AM

Quote from: knightcoin on December 28, 2013, 04:52:19 AM

Quote from: mb300sd on December 27, 2013, 02:30:35 PM

I'd put 1 btc in, but it takes days to transfer funds to my brokerage account...

me too, going to put 1 BTC, I could buy stocks at Barclays broker, but I don't trust Barclays anymore ... so I made a contact with a small broker in Scotland the whole process can take up week ... very slow cooking Grin

hope not miss a good price ... Tongue

Your brokerage account is guaranteed against loss (not market loss) up to a certain amount regardless of what happens to Barclays. In the US its $500,000. I'd much rather trust Barclays than a small broker in Scotland but thats just me!

Well my own experience with Barclays last year was not pleasure at all, since I track my balance sync with a old trusted NTP server since always... and also I don't know about https certificates either, and I really prefer give a try to small business where you can meet people face by face, rather than those guys who tread you as a number, a variable, an actor ..but not a real person at all... so I guess I going to bet that broker ...

Oh I agree with all points! I thought you meant an actual Barclays broker you've meant in person in an office. I think small brokers, as long as they are registered and safe is a great route to go for a purchase like this. Good luck!

knightcoin

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Stand on the shoulders of giants

Quote from: skivrmt on December 28, 2013, 08:26:04 AM

Quote from: knightcoin on December 28, 2013, 04:52:19 AM

Quote from: mb300sd on December 27, 2013, 02:30:35 PM

I'd put 1 btc in, but it takes days to transfer funds to my brokerage account...

me too, going to put 1 BTC, I could buy stocks at Barclays broker, but I don't trust Barclays anymore ... so I made a contact with a small broker in Scotland the whole process can take up week ... very slow cooking Grin

hope not miss a good price ... Tongue

Your brokerage account is guaranteed against loss (not market loss) up to a certain amount regardless of what happens to Barclays. In the US its $500,000. I'd much rather trust Barclays than a small broker in Scotland but thats just me!

Well my own experience with Barclays last year was not pleasure at all, since I track my balance sync with an old trusted NTP server since always... and also I don't know about https their certificates either, and I really prefer give a try to small business where you can meet people face by face, rather than those guys who tread you as a number, a variable, an actor ..but not a real person at all... so I guess I going to bet that broker ...

skivrmt

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Quote from: knightcoin on December 28, 2013, 04:52:19 AM

Quote from: mb300sd on December 27, 2013, 02:30:35 PM

I'd put 1 btc in, but it takes days to transfer funds to my brokerage account...

me too, going to put 1 BTC, I could buy stocks at Barclays broker, but I don't trust Barclays anymore ... so I made a contact with a small broker in Scotland the whole process can take up week ... very slow cooking Grin

hope not miss a good price ... Tongue

Your brokerage account is guaranteed against loss (not market loss) up to a certain amount regardless of what happens to Barclays. In the US its $500,000. I'd much rather trust Barclays than a small broker in Scotland but thats just me!

seleme

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Duelbits.com

WPCS shares were 20% higher in August than they were on top of this rise.

knightcoin

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Stand on the shoulders of giants

Quote from: mb300sd on December 27, 2013, 02:30:35 PM

I'd put 1 btc in, but it takes days to transfer funds to my brokerage account...

me too, going to put 1 BTC, I could buy stocks at Barclays broker, but I don't trust Barclays anymore ... so I made a contact with a small broker in Scotland the whole process can take up week ... very slow cooking Grin

hope not miss a good price ... Tongue

stink

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Am I reading this right? 1.1 million oustanding.... and volume of near 30million? Oh I need some popcorn.

mb300sd

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Drunk Posts

I'd put 1 btc in, but it takes days to transfer funds to my brokerage account...

skivrmt

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Quote from: zimmah on December 27, 2013, 02:09:06 PM

is it possible to invest in that company for like $100? I never owned any stocks so i have no idea how i would do that

You first need to open up a brokerage account somewhere, ETrade, Schwab.com, etc. Then deposit funds there. Then buy shares for a charge, generally around $10 or less online. Somewhat easy, but the commission will eat 10% of your $100 so probably not worth it given the $100 starting point.

stink

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2 million market cap... umm... about to go up...

zimmah

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is it possible to invest in that company for like $100? I never owned any stocks so i have no idea how i would do that

skivrmt

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Quote from: gog1 on December 27, 2013, 01:37:32 PM

It's more hyped than anything for this company. I just don't see how they'll succeed on a large scale at this moment. Each exchange has its idiosyncrasy (MtGox can't withdraw fiat, good luck with BTCChina with all these deposit issue plus China's currency control), they'll constantly be out of reserve or have their money trapped. Other than regulatory challenge, another issue bitcoin exchange faces is security, DDOS / hacking, by doing what they are trying to do, the risk of getting hacked increases dramatically as they ought to have funds / BTC at the exchanges, and any of one of their linked exchanges getting hacked will open them up to huge losses.

I totally agree with this. How will they be able to trade across platforms? There's a reason it's $780 on Gox and $715 on Bitstamp right now, its really hard (not impossible!) to do. If they somehow accomplish this it ends most easy arbitrage.

Oh, and WPCS has a net profit margin of -18% and basically has never made a dime. They did a 1:7 reverse split earlier this year in May. Never, ever, a good sign when investing in a stock.

gog1

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It's more hyped than anything for this company. I just don't see how they'll succeed on a large scale at this moment. Each exchange has its idiosyncrasy (MtGox can't withdraw fiat, good luck with BTCChina with all these deposit issue plus China's currency control), they'll constantly be out of reserve or have their money trapped. Other than regulatory challenge, another issue bitcoin exchange faces is security, DDOS / hacking, by doing what they are trying to do, the risk of getting hacked increases dramatically as they ought to have funds / BTC at the exchanges, and any of one of their linked exchanges getting hacked will open them up to huge losses.

BitcoinHawker

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Quote from: accord01 on December 27, 2013, 12:33:59 PM

everyone that missed on the bitcoin craze is trying to get in on it via wpcs... when btc crashes to 200-300 in late jan... so will wpcs...

You have a point I agree. But I think we have a pretty good foundation around $500. Everyone that has or knows would love it for a little pullback but $200-300 would mean failure in my eyes.

Long term though, I would rather buy Bitcoin than stock. Grin

accord01

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everyone that missed on the bitcoin craze is trying to get in on it via wpcs... when btc crashes to 200-300 in late jan... so will wpcs...

BitcoinHawker

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Quote from: Boxman90 on December 27, 2013, 11:48:36 AM

I'm sure BitcoinHawker is not at all involved with this stock Cheesy

Surely he wouldn't have shares and try to get the price higher.

Dude. This is very big news. This is the first stock in US history to have bitcoin associated directly with it.
Dont buy it then.
Its the fifth most active stock on the nasdaq today 25 million shares traded. So it is a legit company. and people want it. No I didnt forget Overstock.com but any business can say they will accept.

Boxman90

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I'm sure BitcoinHawker is not at all involved with this stock Cheesy

Surely he wouldn't have shares and try to get the price higher.

BitcoinHawker

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Quote from: GigaCoin on December 27, 2013, 11:09:36 AM

huh, looks like the train is gone on this one. I don't get it was there a plan for this that i missed out or did the announcement just happen insider style ?

You didnt miss out. There are only 1 million shares floating right now. Buy a little.

GigaCoin

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Giga

huh, looks like the train is gone on this one. I don't get it was there a plan for this that i missed out or did the announcement just happen insider style ?

BitcoinHawker

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Quote from: flm on December 27, 2013, 09:39:18 AM

Wheres the best place to buy shares? Im UK based.

call a stock broker. they are on the nasdaq.

flm

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Wheres the best place to buy shares? Im UK based.

Miz4r

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Quote from: Boxman90 on December 27, 2013, 09:32:22 AM

I don't see 50% increase from 1 USD as that impressive.

It's at $3.2 now..

Boxman90

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I don't see 50% increase from 1 USD as that impressive.

Guava

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https://bitcointalksearch.org/topic/a-new-platform-to-trade-bitcoins-btx-trader-208102

BitcoinHawker

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http://www.businessinsider.com/wpcs-bitcoin-2013-12

BitcoinHawker

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Quote from: flm on December 27, 2013, 09:13:31 AM

This one? Negative news about India? http://uk.finance.yahoo.com

no this http://finance.yahoo.com/q?s=WPCS

BobGriffin3

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Quote from: BitcoinHawker on December 27, 2013, 09:04:44 AM

Front page news on yahoo finance! Already doubled this morning!!

No link and you spelled wpcs wrong. Great job!

flm

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This one? Negative news about India? http://uk.finance.yahoo.com

BitcoinHawker

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Front page news on yahoo finance! Already doubled this morning!!

Topic: WPCS NASDAQ STOCK + BITCOIN! (Read 4146 times)