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hopin' we'll get another September surge, i actually have 0,09 as 52 wk high, is isml still salvageable? Hmm ANT
Sooner or later somethin' has to give, patience is a virtue, ANT
they shorted it from 0,09 to 0,006 back in 2012, link below, seems like it recovered to 0,15 in May 2019. quite the rollercoaster every now and then:
"Naked Short Selling Is Killing OTC Companies
May 23, 2012 11:15 AM ET1 Comment
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.
Shorts are alive and well and, the OTC Markets haven't seen the kind of rampant short pressure that is more and more commonplace today. Small development stage companies, and even profitable companies are being negatively attacked and sucked into a trap of naked short selling, which ultimately sends their stock prices plummeting, and often to the point of no return.
According to OTCShortReport.com a leading data provider of Naked Short Position information, a higher than normal number of companies are contacting them with questions ranging from who is shorting my stock to why are their securities being shorted so heavily. As a data provider, OTCShortReport.com doesn't know who's behind the shorting, but suspicions are it's Market Makers who are operating on a completely different playing field, are taking advantage of the rules.
Market Makers, unlike Brokers, can simply create shares out of thin-air that quite frankly cease to exist under the guise of creating liquidity and keeping markets rolling. The problem is when a Market Maker decides to send your stock in a downward direction, that's it, your company is going down. It doesn't matter whether you try to short squeeze the heck out of them or not, in the end, they always win.
Recently, ISM International (PINKSHEETS ISML), a victim of short selling, was so fed up with the abusive practices taking place with their stock, they contacted OTCShortReport.com regarding the possibility of creating a documentary to expose what is really happening. Only yesterday 73% of ISML was shorted for no apparent reason. Orders come into the stock, and Market Makers simply short against them, and then show up on the bid at much lower prices-waiting like predators. "I spend a great deal of the day explaining to my shareholders that we are being attacked. I have complained to the appropriate authorities, but no one seems to care," says Mario Quenneville, CEO of ISM International.
Naked Short Selling is also a common practice on penny stock promotions. Look at companies like SNPK, POTG, and current promotion GWBU. The short positions in these stocks are huge. Market Makers are building massive short positions in the dollar range, and effectively staying naked-short until these promotions get crushed, and give them the opportunity to cover in the sub-penny range. Of course, these Market Makers face no borrowing fees or lending contracts like regular Brokers, so essentially it's just the wild, wild-west where they know full well they can do whatever they please.
OTCShortReport.com executives say it's not uncommon to see 50% of a stock promotion being shorted. The big traders have lots of money… a lot more than the retail audience, and there is no urgency to cover these positions. Market Makers can't be scared into covering because quite honestly they don't care. A stock can run up 500% and they have proven they will just short more.
We invite investors to take a look at what is happening with this illicit naked short selling practice at www.otcshortreport.com
Feel free to query any OTC Stock you wish, and you'll be surprised at the amount of information you will find."
fyi and fwiw, ANT
THE CEO IS DEAD DIED 4 MONTHS AGO DO NOT BUY AND SHARE .
if this was a shell, what a wonderfull runner it would be, but first things first, is there still life... Imho ANT
“A working prototype has been tested and proven to be functional to produce a substantial amount of clean and free energy at minimal cost. When completed this new source of energy will become available to households at a very low price. Proper Patent Applications are currently in the process, says Mario Quenneville, CEO”
this dates from 2011, i wonder what happened eventually, clean energy remains actual,
most finds date from 2012 or am i missin' somethin'?
just fyi, we do have a STOP sign here, ANT
I wonder if that immutable connection is still ongoin'? Hmm ANT
yes it has seen some buyin' in lately, mmm, these are the life changers when they go, but needs a catalyst first, ANT
no business so it seems, volume now can only be speculation, i'll wait for a sign of life , fyi ANT
ISML has seen some buying return in the last few days. Did anyone ever get to the bottom of the Immutable situation? The web address on file still points to Immutable. I sent them a tweet and an email and never received a response or denial that they were associated with ISML.
A beauty, but we need signs of life first, remains on scan, fyi ANT
Trades real thin
Razor thin. This moves on air
Nice info, it's on scan, thx, ANT
Not sure how it could be a mistake. An empty shell ripe for takeover redirecting to a website for a hot new market? Too coincidental to be a mistake imo
Yes, small float... I believe insiders once held 66% based on last filings
I think the OS here is only 40-50 million
Nice large bids showing up $ISML
I sent Immutable an email on Thursday to see if they would confirm or deny that they are associated with ISML. I saw a few others Tweeted the question to them on Twitter. I will let you know if they respond.
Loading up $ISML - Possible Huge New NFT Play
Company website now points to Immutable X https://www.immutable.com/
Thin float
Loading ISML early Monday for possible .10-.25+ move here
NFT market Very hot and I am all over it with $IMTL right now
#NFT #blockchain #bitcoin
$ISML Record volume Friday on new website discovery... New website points to Immutable X
THE FIRST LAYER 2 FOR #NFTS ON #ETHEREUM
Zero gas fees, instant trades and scalability for games, applications, marketplaces, without compromise.
https://www.immutable.com/
$ISML could see $'s soon
THE FIRST LAYER 2 FOR NFTS ON ETHEREUM
Zero gas fees, instant trades and scalability for games, applications, marketplaces, without compromise.
https://www.immutable.com/
Well that’s the problem now isn’t it, and why this won’t do anything until the company actually does something.
Could be. Who knows.
It’s the same website that has been there since 2012.
How do we know some random person hasn’t bought and put up so random website?
It was clearly a shell. They may have recently found a business. OTCmarkets shows their web address as isml.us. Go to that site. It goes to a crypto exchange. I have no idea if it is accurate or not. It may just be a mistake. I guess we will find out.
ISML - What's the story with this one?
Not active in Delaware and stop sign on OTC markets. This isn’t even a company...
It’s a shell with no business.
354,000 shares traded today so far and holding .025. Something is up. Would love to see those updates you referenced. Also their website is now a crypto exchange. If that is accurate, this thing could explode.
Where are you finding ISML updates?
Interesting action in ISML lately. OTC has been on fire lately. It is ISML's turn to move. Ask is now .015.
Finally seeing some volume return to ISML.
Good to see some volume returning to ISML. This one had a massive rush of volume for over a month last summer and shot to .15. You have to think all those buyers were expecting something big to happen. Hopefully it just got delayed and is on the way. We shall see.
Man, ISML is dead. We have seen only a couple of trades in the last several months, and they seem to be all sells.
I am still in ISML. It was just pretty discouraging to see someone dump more than half a million shares in one day and then post another 750,000 sell order on the ask, below .02.
I was hoping someone would see value and start buying at these low levels, but it hasn’t happened yet
How so? Nothing has changed! Lol. ..I prefer to be in, pre-Liftoff, and exercise patience. It’s quite rewarding . But to each is own!
$ISML $$$ <~~~ WINNING ISN’T FOR EVERYONE!!!
Wow, ISML turned out to be a real turd.
Looking for volume to resume in ISML.
Is she rising from the dead again? Would be nice to see it. Will be Watching it a little more closely this week
Let’s hope so. I own this thing by the truck load. Glad to see you back and posting on this thread. I hope that is a sign of good things to come.
.03 bidder was gifted Diamond encrusted, golden nuggets, dipped in palladium!!
$ISML $$$
Yep, the important part is the last of the piddly 100k-200k/shrs in soft hands are being sold into strong hands! ;-D
*Hands that have ZERO desire to sell any til $2-$3/shr! ..at MINIMUM! Spotless, Untainted, Zero Convertible Notes, Zero Debt, Epic SS, Shell’s like $ISML ..simply are few and far in-between!! An Absolute Diamond in the Rough!! Rare as Heck in POS-Land! An R/M Wet Dream!! TIC TOC!!
$ISML $$$ No IF <<$$$>> JUST WHEN?!!
we had bids rising to .031 and someone dumped a few shares into it. Looks like only 20K left until .075.