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5 Trillion according to OTCMarkets.
I've never seen a bigger joke and I've seen a lot of jokes in this market.
They've gone way past 'not even trying' and into 'let's see how stupid we can actually act while still getting FINRA to approve our stupidity'.
I guess CHMD has to up the ante and authorize 1 octillion shares.
Then this company will have to authorize 10 vigintillion.
These companies and their ratings are such a joke.
Easy as hell to tell people to sell AFTER it has the Q appended to the end of the ticker.
What a joke. Sad thing is, people actually listen to these lagging indicators.
By the time anyone tells you what's going on, it's several days too late. Always, without fail.
I hope CNN interviews me some day. I'll tell them about last month's trades for my own amusement and they'll actually treat it like "news"!
I said this thing would R/S back when it was trading .0003/.0004 and now look at it.
Don't revenge trade this. Just move on. Look forward, not back.
This is going to become DOMKD.
If you find yourself in a ditch, stop digging and look around.
Good luck.
DOMKD
Don't say I didn't warn you.
No, I'm not looking for a bounce or a buy to cover.
This thing will R/S.
DOMKD
That seems just a tad bit inefficient.
Pay $10 commission to get $10?
I always have a little left in my checking account on Fridays.
Those people need foresight.
Are you new to trading? If you are, this will probably not be your first loss. Just a tip, don't trade when you're emotional.
I am not in NEWL, but I have in the past donated to the NEWL dilution fund.
S*** burns, but you have to move on. Good luck. Go out for a walk or something.
Depends. By my calculations, that means if I buy $5000 worth of a stock, I'm paying $28 ($25+3). That's not "bare-bones cheap", imo.
I guess if you're working with smaller orders, then yea, it might be cheaper. But as you make more and use more, that stuff starts stacking up.
It'd be particularly gruesome if they did that with Nasdaqs. I'm guessing they don't, because that'd be insane for self-service trading.
Yeah, but you can run more than one piece of software on your computer. Not much of an issue, imo.
Scottrade has one of the best Nasdaq L2s, imo. Very easy to work with.
Plus, it's nice to have a couple different brokers in case one is unable to place trades because of a server issue or something.
I recommend Scottrade or Ameritrade. I'm not a fan of eTrade.
Lack of professionalism from them, in my experience.
Ameritrade offers free L2 for pennies and a nice stock screener.
Scottrade has better looking charts, imo. I use both for my software-- if you're interested in that sort of thing.
When a penny stock does this, it's called a "dilution scam".
When some bigger company does it, it's not?
Not saying it's a scam, but I am saying it is the Twitter Donation fund.
At best, they've misrepresented this IPO as an "investment".
It's a donation fund.
The only free wills going long on this at $45+ are morons who don't know how to do a proper positioning.
And I won't be nice about it. God knows the market won't when their account is halved for them being stagnant dumb *sses.
All my opinion of course. This could also go up to 100 billion per share, right?
When a penny stock does this, it's called a "dilution scam".
When some bigger company does it, it's not?
Not saying it's a scam, but I am saying it is the Twitter Donation fund.
At best, they've misrepresented this IPO as an "investment".
It's a donation fund.
The only free wills going long on this at $45+ are morons who don't know how to do a proper positioning.
And I won't be nice about it. God knows the market won't when their account is halved for them being stagnant dumb *sses.
All my opinion of course. This could also go up to 100 billion per share, right?
There's 174.5 million people in Nigeria. It's not fair to label them all scam artists because a few hundred have taken to crime.
That's like saying all 311 million Americans are stupid and fat.
Ulterior motives in the stock trading business? Don't be preposterous!
Like what? Trying to get it back down to .0004 for more acquisition?
I think they'd have done that already if they were serious about that.
It hasn't been all day. They lifted to 7's earlier, around 10:30 EST. They fluctuate between 6 and 7. They're probably flipping those 4s they got a while ago.
I wouldn't know about that. I think manipulators are probably as bad as people who use assumptive ad hominem attacks.
No, we have a guy that changes with the market. It's called adaptivity. You should try it some day.
I work with what my L2 and chart tell me. They're telling me it's done running.
I said it was a possibility. This thing has slowed down significantly. It's done running.
Those who can't adapt die.
Vert will sell to .0004. Don't get greedy. Pigs get slaughtered.
I can't PM you because I'm a cheapskate.
Anyway:
http://postimg.org/image/hvpzfzqq1/
Anyone see that 1.2 mil @ .0005, just now?
Any theories as to what that's about?
Serious responses only. I want to know the actual mechanics behind why that happens. Not opinions.
Thanks in advance.
Nope. I recognize majority of these posters. It's +80% day high.
That alone is enough to get a top five spot on the breakout boards.
Link to touters? I didn't see any touters list this stock in my gmail alt account and I loaded that email account with them.
If it breaches .0009, the next line of resistance is .0019.
It's happened plenty before. SFOR recently did that kind of run and this stock has a history of doing it, too.
I would like to know what's interesting about it. I skimmed over it several times and didn't see a single matching item.
Oh I see what you're saying... Lol. Yeah I have no idea how you'd buy to cover. Maybe the institutions are allowed play 1000ths of a cent? No idea, since I'm not an institution.
You could sit on the ask, but that seems like a bad idea.
Mathematically and theoretically speaking, the odds are on the .0001 buyer's side.
Of course many factors can change those odds, but I'm not one to speculate.
My thinking is, they'll release a statement showing that they haven't released as many shares as certain really noisy people on this board keep screaming and it will spike because of that and/or because they started producing ore.
Remember, never get your information from a single person. People are stupid and/or liars.
P.S. "My thinking" is based on extrapolation based on previous experience with similar stocks. It's not pure speculation. More like card counting. Doesn't always work, but usually does.
Do you know what Vfin is?
This pig is making its way to no bid.
Welcome to the world of dilution, folks. No one wants this thing.
There should be 30mil on bid at this price. Know why not? It's garbage. It's a share printing press. It's the kind of scam that doesn't even try to disguise itself. Hurr, $9.94+ target!111
No. No bid target. No bid is their target.
This is a share printing company. You have been warned. GLTA.
lalaland, Pert's sitting there at .001, ask.
There's nothing lucky about .0009.
SUNR and VNDM have a hell of a lot more than that. They are not retail investors. They can display any number they want. 10k, 10 mil or 100 mil (the latter being closer to their actual reservoir of shares). Basically, MWWC is a printing company and they print shares.
I got that update several hours ago. Vfin sitting on .0006.
Buying .0005 is suicide. But hey, don't let my L2 literacy stop these guys, lol.
Vfin will drop bid to .0003, clear the .0005's and .0004's and then retail will sell .0003's right back to Vfin.
Happens every time and they never learn.
420 mil vol, drop to no bid, from .0002, VNDM and SUNR on ask? Oh no, this is totally legit! Don't let anyone fool you into thinking this could possibly be a dilution scam to beat all dilution scams...
Two words:
Dilution
Scam
No it doesn't. Wash sale rule.
Sorry about the exceedingly late reply.
Basically, I sold this on Aug 9th for a $40 gain (pure luck, as I considered this a mistake that I just happened to profit on).
No one on Monday made a profit except XUII who makes money until this hits .0000 or they become disallowed to print any more shares-- for example if this thing gets halted.
I didn't see the the APS website until after market close on August 8th or I wouldn't have touched this. I bought it solely for what at the time was a .10 support level.
However, after seeing the APS website, I realized that nullified any technicals I thought there were. So I exited in the first five minutes of August 9th with no intention of being anywhere near this thing.
Pure luck. I dodged the bullet on this one.
You're down more than 40% at that price.
Ouch, bro, ouch.
They did. .002 and then back down to ~.0006, until it dilutes and breaches that .0005 level into the .0000's. If you're holding this-- well, GLTY.
That wasn't NITE. That was MAXM.