SPM555
4週前
I'm a big chart guy, not in the sense of magical fortune telling abilities but more a reflection of price action telling a story. What I think most people miss with $PWDY is that, even though it's sold off since .006 over the past four months, the bigger picture still shows an uprending stock with higher lows/ higher highs. That is to say, even after a 4 month beat down, the current price is still holding above an ascending 50 month moving average. I'm a real nerd for looking at the trends on OTCs from long term vantage points and I can't stress how rare it is to see an OTC with a long term chart like this. I've been adding since we broke below .003 and have a large position, though will continue to add more because I don't think strength like this ever happens on accident. Short/mid term weakness + long term strength = amazing buying opp
Musicman99
4週前
Would like a pulse check from you all.
Besides the pps collapsing, the fluff PR, and lack of anything concrete, how are we feeling about the actual product?
Do you think they’ll be competitive enough to scale? Or is this going to be a mom and pop sized company.
Ai is about to be huge, and motors will be needed.
I’m hoping this means that this stock rising is more of a when, and not an if
MAGA_PATRIOT
1月前
Not giving up on this just yet, but I will say this has been utterly disappointing. Wouldn't be so bad if Steve & PWDY didn't hype before they should've. Now we're just one of those tickers people skim through and pass on because we literally only have 842 shares in total volume today. Nothing from PWDY except letters and "updates" (fluffdates). No 8K's. Nothing whatsoever showing any type of interest from the market, and based on past 4-5 months, seems we are moving more towards trips than QB.
Based on everything we've seen since our spike to 0.006 and their hype of QB, I genuinely have no idea how they believed they'd hit QB. I know that "the other company" supposedly backed out of the deal, but based on the past 2 Q's, I just don't see it. It's not like they're sitting on some gigantic pile of cash to acquire a relevant company that would give us that kind of growth. There had to be some reason beyond the potential deal they had in the works that they felt the need to hire a "PR guy" and tell us about it, so I'm not sure what I'm missing?
Anyway, still hoping for some kind of miracle here and/or that this doesn't just turn out to be another joke of a ticker. But at least for now, this is incredibly disappointing.
$PWDY
MAGA_PATRIOT
2月前
I don't necessarily disagree Patt, but PWDY knows that we've been eagerly awaiting QB ever since they began hyping it months ago, along with the genius they hired for PR, who was hyping "this is the most significant news to day..." At the time he was hyping that, I specifically said that NDA's mean nothing because of exactly this situation. Anything can happen until they sign on the dotted line.
Anyway, it would've been nice to know this back when it happened vs waiting to tell us until the next Q was due. As I've mentioned before, my problem isn't necessarily with the company, but more so with the typical misleading pinky fluff-hype, which wasn't necessary. However, for some reason they chose to go that route anyway.
So..... Here we are in October, down 75% from our high at the time they began hyping QB, etc., our pps continues it's downtrend, our volume and buying interest continues to shrink, we've seen/heard nothing from the company but fluff-dates (No 8K's, No tangible achievements, etc.), and now we find out this. Not to mention that they still felt the need to tell us that they are "focused on QB." How wonderful. I guess my only question is how long will they be focused on QB and will they EVER deliver anything that gets us there. NO MORE fluff-dates. 8K's and tangible achievements. Until they actually start delivering them, we can expect to keep having our pps obliterated, as nobody is showing any interest whatsoever in $PWDY.
Is what it is. Still holding, but this is beyond disappointing.
$PWDY
Pattt
2月前
One crucial sentence in the letter: We had signed a non-disclosure agreement, received the financials for the motor manufacturing company, finalized the preliminary due diligence and were prepared to execute a letter of intent to purchase when the seller changed his mind. IMO that's the reason why we're down here. Acquisition fell through, so they couldn't provide any tangible updates and they'll need more time. At least they might already have an alternative, and they're not sugar coating the fact that the acquisition fell through. It's very positive that funding is already (pre)approved, now they just need another company to grow. $PWDY is still a great (long term) hold.
MAGA_PATRIOT
2月前
MM99 - I somewhat disagree. I'll probably catch some crap for what I'm about to say, but so be it....
I consider this letter to be more fluff. They basically repeated their last letter, with the addition of signing another NDA. The last letter suggested that we'd be uplisting to QB within 6 months, which now appears to be nothing more than a pipe dream. I personally think this letter is a joke. Once again they felt the need to tell us all about the things they are "focusing on," which coincidentally are identical to things they were focusing on in their last letter and supposed to come to fruition within 6 months.
Also, I'm hoping the following is a typo and not related to some kind of plan for restructuring and ticker change. Our ticker is PWDI not PDI, so either somebody didn't take the 3 seconds to proofread this letter OR there's more to it. (quote from letter below)
"Over the upcoming months Powerdyne will continue our focus on two things, up-listing PDI to OTCQB, growing CM Technology business through Internal Growth and acquisitions or mergers."
Anyway, I'm not trying to step on anyone's parade here, but it sure would be nice to see a TANGIBLE UPDATE/ACHIEVEMENT via 8K vs these so-called "letters." Maybe it's just me, but I don't believe this "letter" is going to move the pps in the direction that we've been waiting for. As I've said over and over and over again, nothing here will change until they 8K a tangible achievement. Regurgitating the prior "letter" doesn't exactly do that. Personally, I won't be shocked to see another sharp drop as we're pushed to a new lower bottom. These letters mean absolutely nothing unless backed up by 8Ks, which we've yet to see.
That said, hopefully I'm wrong, but based on this fluff update, I'm guessing that reaching QB in 6 months, as we were led to believe months ago, is more than likely out of the question at this point. Let's hope I'm dead wrong and missing something, because if I'm not, we'll see trips again before we see $0.01. This is becoming quite disappointing.
$PWDY