TOP GUN

[BooDog]

Everyone needs to be aware of what is going on in the markets. Recent activity this year alone has cost investors billions. One of the groups I discuss trades with, BP Rising wrote an article that was released last night talking about how many stocks are being manipulated. Using twitter bashing and pumping, fake bid/ask orders (which is mentioned in the article you linked) and many other pump & dump schemes. I've only been in the market since 2006 and seen classic P&D's where all of the sudden multiple posters show up out of the blue attempting to push a stock up and then they all vanish or a few show up relentlessly bashing or twisting facts around. More often we see malicious articles attacking a company. What is harder to see is the actual price trade manipulation which BP Rising talks about. Large orders show up on the bid to make a stock look bullish and then vanish before they fill, same on the ask to make it look bearish. 1 share, JUST 1 share actually fills at the ask to show the stock is bullish, same with the bid side. Some times only 10 shares. Investors that don't watch live miss this manipulation. The High Frequency Trading (HFT's) using the algorithms is a fascinating invention. And yes, they buy/sell within seconds, incredible! The retail investor and legitimate institutional funds are sent to the cleaners. It's said that the HFT's are supposed to recognize sentiment and follow the direction of retail but a tweak here and there in the code and it just sucks the wind out of the stock.

Some that I've been playing that were attacked ATNM AVXL CTIX CRMD AVXL and I'm sure I'm forgetting some others. Just this year.

Now talking about ATNM Actinium

So, is Frost or someone in his outfit holding Actinium back?

http://www.sec.gov/Archives/edgar/data/1388320/000121390015008502/def14a1015_actiniumpharma.htm

I think there's an algorithm that catches these:
DEF 14A 1 def14a1015_actiniumpharma.htm DEFINITIVE PROXY STATEMENT

Not often do I see a stock move when a form 14 comes out. The content is completely bullish but the market seemingly took NO notice. Retail did imo. Among the Much Anticipated IND Filing to Enable Initiation of Iomab-B’s Single, Pivotal, Phase 3 Clinical Trial in 2016 there was also...

Strong Balance Sheet Allows us to Achieve Value Creating Milestones

During the first nine months of 2015, we strengthened our cash position in preparation of moving Iomab-B into its Phase 3 trial and the advancement of Actimab-A into Phase 2 development. With a September 30, 2015 cash balance of $24.8 million, we believe the Company has sufficient capital to meet our major near-term milestones of producing interim clinical trial results in 2016 and early 2017 to drive shareholder value.

There is a lot of juicy info in the form 14.


Here's BP's article

B.P. RISING



The Rise of fraud on wall street

11/18/2015

0 Comments




The internet has allowed for global access to potential Wall Street related fraud. Investors and traders are connected like never before and word travels fast. But, how accurate is the information you are receiving? Traders are so quick to act on large volume and news that they rarely read through the material carefully. Then when a stock goes against them, that is when they decide to do their due diligence. Data on a company can get out so fast it is hard to fathom. A kid sitting at his computer in China can create a false Twitter account and post something that can send a stock tumbling immediately. Companies abroad in places like China have it even easier as they are not adhered by the restrictions of the United States and are almost immune to prosecution. Websites such as Twitter have given these people a huge potential platform for this type of behavior. Where is the SEC in all of this? Who knows! The rise of fake landing pages and imitated Twitter accounts are costing investors billions of dollars. "Short and distorts" and "pump and dumps" are rampant and the SEC has recently decided to crack down on these fraudulent Twitter posts. Chinese low float stocks like BNSO andEFUT (which in my opinion are outright frauds) are the perfect target for price manipulation. These companies shouldn't even be allowed to trade on Nasdaq, but rather belong on the OTC Market. These stock exchanges need to do a better job of vetting these companies so they can help protect investors alike. Bonso Electronics BNSO recently ran over 100% on earnings and then faded quickly leaving retail traders holding the bag. The company sells kitchen and bathroom scales. BNSO's website also looks like something a kid put together. The copyright date at the bottom of the website still says 2013 (http://www.bonso.com/en/). Efuture Information Technology EFUT has run about 50% in the last five days on high volume with absolutely no news to speak of. They have an earnings report coming this Friday afternoon which will most likely be less than impressive. If you watch the bid and ask carefully you can see 50k and 100k bids appear, disappear and then reappear. This is most likely an attempt to hold this stock up as a large bid makes the stock appear to be bullish. Along with this tactic, you could see multiple and consistent single share buys which help manipulate price (price just reflects the last trade regardless of the number of shares). There is no way to know if it is the company itself engaging in this activity or some outside firm. Either way, the entire thing is extremely suspect. Most likely this is done by a hedge fund or brokerage firm manipulating the price and attempting to create a false market for the stock. They keep the stock up by controlling the majority of the shares, not allowing any selling, and they continue to buy. When the dumping begins a flood of shares hit the market and then supply and demand take over. The stock crashes and retail traders get crushed. Moreover, these supposed earnings of both companies are unaudited and out of Beijing, and Hong Kong, China. It's time for the U.S. and the SEC to wake up to these scams and start to crack down for the good of the U.S. retail trader. B.P. Rising Research will be doing an independent investigation to find out more information on these companies. Most retail traders work very hard for their money and are just looking to earn extra cash to take care of their families. Unfortunately, they are treated like puppets by the big banks, hedge funds, brokerage firms, stock promoters, and scam artists domestically and abroad. It's time for us to utilize the power of information and technology to inform each other and retaliate against those looking to take advantage. My recommendation is that it's probably best to avoid Chinese stocks completely. You should especially stay away from the low floaters that are thinly traded and easy to manipulate. I recently set a price target of $1.15 on BNSOand it's just about there. The EFUT price manipulated pump and dump will likely falter when their actual earnings are released.

The following are ways to avoid falling into this trap: Read all press releases meticulously, watch out for inexplicable price action or volume, avoid thinly traded low float stocks, and be weary of any company based outside of the U.S. especially China. Watch for suspicious market maker activity such as fake bid and asks, be weary of Twitter pumping and distorting, misleading or false PR's, unaudited earnings, and forward looking statements.

Another recent example of suspect dealings is the low float stock KBIO which was supposedly liquidating its assets and winding down operations as of November 13th. Less than a week later, a large stock purchase is announced. Today the company has announced a purchase of 1.2 million shares by Turing Pharmaceuticals CEO Martin Shkreli (the same guy who decided to charge $750 for one tablet of Daraprim). The stock has run from $2 to almost $20 after hours. It has probably destroyed many investors who sold their broken shares to Mr. Shkreli between 60 cents and $2.43. Do you think KaloBios Pharmaceuticals was not aware that this transaction was going to take place? I'll let you decide. This entire game is rigged for the insiders my friends. However, as a retail trader, you can certainly make a lot of money if you are on the right side of this racket. Educate yourselves on the prevalent scams that exist, cease being naive and gullible, and use this information to grow your account. Please my fellow traders tread carefully and always do your due diligence. Fraud is on the rise and it will likely only continue to get worse.




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I put this reply to Ronk here so it wouldn't get deleted from the ATNM board.

Message in reply to: Ronk

I was blown away this didn't take off on the IND filing. Then I started thinking about something I posted a while back on this board, this post Post 572.

Then I started researching algorithm trading and didn't realize how rampant it is and is a concern of the SEC and large investment firms like Goldman.

This is an article posted on Forbes written in 2011 regarding the average length of time to hold a stock:

http://www.forbes.com/sites/greatspeculations/2011/01/21/stock-market-becomes-short-attention-span-theater-of-trading/


Quote:
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According to the NYSE Factbook, the average holding period for stocks in 1960 was 100 months (8 years). By 1970 it had dropped to 63 months (5 years). By 1980 it had dropped to 33 months, by 1990 to 26 months, by 2000 to just 14 months, and in 2010 just six months.
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I've read through articles regarding algorithm trading or algo trading and HFT or high frequency trading. I haven't been able to track the actual number but there are articles both supporting and attempting to debunk that the average time to hold a stock now is anywhere from 11 - 24 seconds. I believe it. I thought this was behaving by an algorithm for a long time and I believe it completely after watching today. I see what could possibly be spoofing as well, for which, for the first time, someone was found guilty of recently manipulating a different company's pps.

http://www.telegraph.co.uk/finance/financial-crime/11973903/US-seals-first-prosecution-against-stock-market-trader-for-spoofing.html

There are several other factors like dilution, swing traders/buy the hype sell the story bs, and other short positions, but this looks methodical to me.

Until this reaches $5 in the range of institutions, it's going to behave the same for a while. I think a stock below $5 is going to be susceptible because the above mentioned methods are successful by praying on the emotions of smaller traders like myself. I read one quote that the only way to beat high frequency trading is with low frequency trading. Let's hope the next 30 days go smoothly. I'm still a believer even though there are entities that are at play beyond our control, my opinion.

I'll remove my tinfoil hat now. :)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=118602219