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Well if they have nothing but time and only want to pay rock bottom, then it does make sense.
Seriously? "Management itself" is knocking itself out to buy 50K shares at $0.0003?
A bold way to spend $15.
Could even be management itself trying to buy back as much as possible. Would explain their lack of communication.
Anyway, we wait for as long as it takes.
There is a very skittish entity on the other end of this ticker that is manipulating price to rock bottom. Why? Who sells 500 shares at .0003 and then another 19k at .0003 less than 2 minutes after a 20k buy at .0007? Why is their an entity staring at their screen and obsessed with monitoring this ticker right now to ensure that it remains at rock bottom?
Something must be going on behind the scenes in order for this sort of behavior to occur on a "dead" ticker.
I had half of those shares... needed to put gas in the car for the weekend... ??
It was me. I needed a couple quarters for the payphone at the airport. Then I found out it only worked with a credit card :)
2K shares at .0003 15 minutes before close on a Friday. Interesting. If you listen to some on here, some retail customer was desperately selling their shares for a whopping credit to their account of 60 cents. It couldn't possibly be a manipulative effort to close the ticker at rock bottom.
Nice try bro. If they were "just servicing" clients, they would allow them to buy as well.
Brokerages may not be "institutional investors" in strict terms, as they are likely not devoting any research or PR power to their positions. However, if large brokerages accumulate large quantities of shares with the intent to flip them for profit, then they are 100% institutional traders. They have access to information and tools that retail traders do not. They also have the financial capacity to move a market in the desired direction.
Huh? The broker is just servicing a client. That is what full service brokers do. Nothing more. The shares are complete junk.
The claim that the brokerage firm is an "institutional investor" is what is bunk.
This is quite the pivot from you and your ilk.
You are now acknowledging that brokers or other non-retail entities are willing to acquire these shares...yet they won't allow customers (in the US) to buy them.
And there is currently a firm bid offer:
It is currently at a bid of .0003 for 693,900 shares and an ask of .0008 for 19,900 shares. I can see it clear as crystal. It will fluctuate throughout the day and/or week.
Tick tock.
"Broker firm bought them" = Institutional control!
Yeah, a brokerage firm bought them from a client who dumped them for tax loss purposes. It happens a lot this time of year.
And since the stock is gray market without an actual firm bid/offer, they can buy the shares at any price they want. In this case, as is usual for tax loss selling of an illiquid security, they chose a de minimus amount.
The trader at the brokerage firm that bought them may try to flip them, but probably will not be successful. They just chalk it up as a loss for a client. $300 for a brokerage firm is not a big deal to keep a good client happy.
Well, as long as we are not swimming naked when the tide runs out...lol. I think things will be ok!
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$CRGP
What is all that nonsense about? We went from institutional trades in the trips to market maker spreads? What?????
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$CRGP
Understand what? That there are buyers and sellers. I agree...should be pretty obvious.
No, I am not suggesting any of that. We've discussed it all before.
And yes, most people DO understand this.
What is your point? Middleman or not...someone or something has to buy the shares of a seller. The shares end up in someone's hands. They don't just disappear.
Also, are you now trying to suggest that CRGP has market maker participation? That is not what you've been arguing for quite some time now.
If a person/entity successfully sells, then another person/entity successfully buys.
What? There's just about always a middleman involved. Do you really not understand that?
The MM system wouldn't work otherwise. Remember: MMs make their money on the spread. They're allowed to buy on the bid and sell on the ask. And that can make it profitable for them to make what may look like "losing" trades.
Sheesh.
My god Janice. Are you actually trying to convolute the most basic premise of the market? If a person/entity successfully sells, then another person/entity successfully buys. Case closed. It's not even a debatable topic.
EVERY TRANSACTION INLCUDES A BUYER AND A SELLER.
Only when brokerages are crossing trades internally. Otherwise, every transaction involves a buyer/seller and a market maker. Even if an MM isn't making a market in Grey/Expert stocks, he'll usually be willing to facilitate trades.
C'mon Janice, you of all people should know that what you just said is hugely misleading. There is no such thing as "most trades being sells"...unless of course you are acknowledging the naked shorts that run rampant in the OTC...but that's a different discussion.
EVERY TRANSACTION INLCUDES A BUYER AND A SELLER.
In the case of CRGP, I have seen zero evidence that retail traders have successfully bought shares on the bid. So, you may be partially correct in stating that those transactions are initiated by people selling on the bid. But someone or some entity HAS to buy those shares. And if the majority of US retail is locked out of buying, then it only stands to reason that institutions/brokers/insiders are the buyers.
This is all very logical Janice.
Why is it none of you ever consider the possibility that most of the trades in CRGP are SELLS?
That is the theory that would make the most sense, after all.
So someone (not in the US) with a broker that allows buying got excited and was so eager to buy shares that they put in a lowball offer at the bid and it just magically filled? Makes perfect sense (insert eye roll emoji here).
Sounds like nonsense to me. I don't buy it. Anyone with sound logic would check the SOS of Nevada for CRGP "entity status" first. There have been no updates yet.
https://esos.nv.gov/EntitySearch/BusinessPreviousQualification
No updates via an opinion letter or financials disclosures on the OTCM.
https://www.otcmarkets.com/stock/CRGP/disclosure
And those trades yesterday were in large size well below the Ask of .0011 where only an institution with manual order flow control could execute a buy order.
Nice try!
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$CRGP
Or maybe someone just got excited over the earnings notification that was received and it prompted them to want to buy more shares.
FFS. I really ought to write a book about penny stocks.
Again huge blocks, as Jsep mentioned, at .0003. Only an institution making a manual order entry can do this while the stock has been at an average price of .0011 or higher for months prior. There is no reason to sell retail at a lower price while the stock trades at higher prices as a known buyer is actively adding to a long position.
I like the number 3
Not sure what the 1 million at .0003 was all about, but I was lucky and grabbed the other 280k at .0005. For some reason, large trades at the bid keep occurring on this…over and over again. Interesting action for a “dead” ticker.
Some volume, who was it?
1- Desperate guy that can't wait 20 years
2- Cross trade for price painting
3- Negotiation behind the curtain
No trades for CRGP today, however, some "cap election" or "swop" footprints have continued to show up on the tape recently.
https://quotes.freerealtime.com/quotes/CRGP/Time%26Sales
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$CRGP
Dividend was paid 6 , or maybe already 7 years ago.
I am also with TDA , they paid to everyone at the time without any problem..
When did the dividend get paid? I have had this stock for years and didnt get anything. I am honestly shocked it even exists to this day. Long live Calissio. I have 43k shares holder until I die or it does, whichever comes first!
I use TD ameritrade if that matters at all.
Thank you for asking , I live in a high rise by the beach , 6-8 feet of water in under building garage , 54 or our cars total loss ..
But otherwise our building ok .
But Fort Myers Beach , Sanibel , Captiva , all disaster ..
Flooding in Naples they saying , second only to Katrina ..
It was a very bad hurricane with water surge of 15 feet , the worse I ever witness ..
$CRGP I also received my dividend. Did you survive the hurricane in Naples? Just wondering.
I think you have some very strong logic and critical thinking skills in regard to CRGP stock price behavior and understand very well the motives used to suppress and hijack its valuable property. You really should be a moderator! It's a pity that it can't happen!
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$CRGP
It should be very easy for someone of your superior knowledge and intellect to explain how this traded on the pinks again without a Form 211.
Unfortunately, you are quite new to this board, and to this unfortunate stock.
A pity you're so reluctant to learn anything about it.
Yup rinse and repeat "empty language" that "deflects" from CRGP facts!
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$CRGP
Explain what again? You haven’t explained anything. You simply made a statement that was not supported by any facts.
SMH. I am not going to explain this AGAIN. I need to eat.
What on earth on you talking about? It was actively trading on the pinks with market maker involvement from Mar 2020 until Sept 2021. It would still be trading in that manner if it weren’t for the new disclosure rules and the US broker restrictions.
IT DID!!! 2 years of CRGP trading data proves it!
End of Story!!!
https://finance.yahoo.com/quote/CRGP/history?period1=1585699200&period2=1632960000&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true
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$CRGP
So how did it come off the Grey Market in 2020 without a Form 211 Janice?
CRGP only stock in history with s FINRA U3 halt and No SEC suspension!
End of Story!
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$CRGP
What on earth are you talking about?
CRGP trades!!!! And will continue too until its corporate action can be properly executed! Which FINRA will assist in said execution! Period!!! End of Story!!!
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$CRGP
I guess that FINRA halt and 15c211 approval in the past...
What? FINRA imposed a U-3 halt on CRGP at the end of August 2015. It lasted for a little more than 10 trading days. As a consequence, the company lost compliance with Rule 15c2-11.
That is its current status. No new Form 211 has been submitted or processed.
Continues to trade and continues to attract critics. Wonder why they are so worried after 7 years.
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Moderators janice shell onehundredmph DiscoveryStock Cologne9672 |
Certificate of Reistatement - Nevada Department of State |
New Director and Reduction from 145B shares to 3.475B in Authorized Shares |
03/01/2021 |
Battle for custodianship in Clark County court |
Fishy Conversions Check: - The "a" in Scottdale, the "3" in 390. - The shifted tail of the 2nd "7" in the account number - The tip of the tail of the "7" can still be seen in the date of the 2nd. document - Portions of the deleted signature covering the same letters in Signature of Holder and Name of Holder. - 2nd. document shows bold letters and lower resolution. Image was scanned and modified. 2nd document is a counterfeit, used to create air shares and dump into the market. Those air shares were not shorted, but behave like shorts. |
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