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Of course they will sell lol, but not for quite some time, and not to the stock goes up much higher than these levels. Again, these guys run plays for 2 to 4 weeks. Yes they will sell some into the run, but not enough to hold down the stock or kill the run.
Why would anyone take a short position in a stock at the beginning of the run lol? You do realize that for a short to make money, the stocks pps actually has to go down from the price they shorted it at. If someone took out a short position at .19 and then the stock went up to .40, they would have to wait for it to come all the way back down to .19 again, and then drop below that before they would even start to make money. On top of that, most brokers will make you cover if a stock goes up that much after you take a short position in it.
People who short plays like this don't take out short positions until the run starts to run out of a steam and it starts to go down. So you can give up on the whole "people are shorting it now" theory. All anyone is doing now is buying this stock, and taking some profits at the ASK on the way up. Once this runs for a few weeks, and finds its peak and starts to pull back, that is when people will short it, not before.
And again, so few people will even be able to short this stock that it will have no impact on the stock. The reason stock plays go down isn't because people are shorting it in large numbers, it's because the longs are cashing out at the same time and exiting the stock.
Not a chance what so ever. These guys brought in almost 10 million in cash volume on thrusday, and 6 million on friday. Thats farrrrrrrrrr beyond simple Ihub money. These guys are stacked, and they can bring the volume and the cash. They can pretty much take this as high as they want.
Yea I wonder did you say the same thing about MILV on it's first day? After it ran every day for 2 weeks? Oh I bet you most likely said the same thing about POTG too, as it ran every day for over a month and went from .20 to $1.20.... And hey, I bet you were there on Rays too, when it ran from $1 to $2.50 over 4 weeks...
In case you haven't noticed what I am doing here, I will make it clear to you, these plays run for weeks, not a day or two bud. Maybe next time you can actually do a little DD before making such incorrect comments. Let me also fill you in on something else very important here, these guys brought in 71 million in volume, and 10 million in cash on day one alone. These guys can make these plays run as long as they want, and just for the record thats not a single day LOL. Good try though!
In fact, APS.com is not even going to put it's full weight behind this until Monday, so you would think you would be smart enough to at least expect it to run till then. When these guys get on a stock, it runs for weeks, not a day or two, all one has to do is take a quick look at their past work and you can easily see how wrong and misinformed your comments are.
It's ok, keep trying, you will catch one of these at some point and then you wont have to get on the board and be so negative...
No actually they don't if you call FIRNA they will tell you stright up that the data in that list has a lot more in it than just true "short sells" in there, and that it's not an accurate way to tell the true number of shorts. When you get a clue on what data your list actually has, please come back, until then stop making these ridiculous statements and cliams about shorting...
Missed the point, but people don't "short into a run" lol. If you take a short positon, and the stock rises a lot, you have to cover or dump more money into your account. People don't start taking a short until they see the end of the run in the sights, not at the start lol.
No you don't, you just thought the "alert" on POTG was in Sept, sorry but you were 3 months off there. There's nothing illegal about promoting a company, in fact the SEC has very clear rules on that, none of which have been broken.
This hasn't even started to run yet, don't try to scare people with nonsense. Anyone who knows these guys know their plays run for usually around a month, and they also know that they always run big on the first day, but the biggest gains come days and weeks later. All one has to do is look at the chart on POTG or MILV to see that...
No one "shorts" a stock in the middle of a run, if this goes up another 100% guess who is going to be forced to cover. Your "short list" isn't even showing you the correct data, as it has far more than just real "short sells" on there and is quite useless to judge how many real shorts are there. I see the n00bs are out in full force on this board tonight.
Yea a stock goes up 600% on the day yet 50% of the trades were "short sells" LOL. Have fun trying to figure that out!
Hahaha like I said buddy, you have no clue what your talking about. Why don't you "expand" that chart out a tad bid further than just the 3 month chart... What you just posted was the "realert" that went out and did fantastic. That one ran from under .10 to .40 on that run.
The ACTUAL alret on POTG was durning the middle of June, and it ran from around .10 all the up to $1.20 and lasted from the middle of june to the end of July.
Thanks for proving everything I just said about you correct...
Not by your posts, as it's quite clear you know nothing about how these guys run plays by your comments. Say what you want, but these guys bring the heat, almost 10 million in trades today, that's a lot of money to bring and they are just getting started...
These plays usually last for weeks, not a day or two. Milv, their last play ran for over 2 weeks, POTG ran for a month etc.... I love how people always bring up CRWN as an "exmaple", but that wasn't ran by this group, and that was a play where one of the groups involved screwed everyone else over and dumpped.
You are correct though, always take profits and be careful, but sit back and enjoy the ride.
Please buddy, do you even have a clue how these plays work? These are the same people who took POTG from .20 to $1.20 in a few weeks. I am glad you "figured it all out" but these guys plays make big money. Oh and T trades are nothing but after hour trades, any trade that takes place after hours is issued as a t trade, all stocks have them, and they have NOTHING to do with promos. Any stock that tends to have a lot of volume has those, it's the market makers closing out trades that took place in the system earlier in the day that they didn't have time to record at that time, they are simply recording them after hours before they close out the systems...
Shorties are getting scared, saw people slapping the ask and now they are sweating it, just like the song says "the heat is on"....
The company withdrew not Nasdaq, Nasdaq simply removed their approval after the company said we are not currently going to go forward with this. This is normal standard operating procedure, as Nasdaq requires you to be re-approved if you don't go through with the process. Once again you try oh so hard to twist something that is not bad or negative into something dark and evil and bad... Like to stir things up by shaking the bee hive huh?
And why would the company release an 8-k stating that Nasdaq "withdrew" their approval after the company already told them to withdraw it because they were not going through with it at that time....
Your logic is mind blowing, it really is!
If there was big interest - they would have moved forward with that offering. I think it is pretty obvious the heat was on with the Chinese r/m plays and what had happened to Meuse's other VIE Hebei steel company r/m shell play - that they knew they didn't stand a chance of raising any money.
The trading action on this stocks speaks VOLUMES - and explains the ZERO volume today.
Specially considering this is an OTC stock, which means most "big investors" aren't even allowed to invest in it... You think someone would actually know that before they would make such comments... oh wait this is Ihub and he's most likely short, almost forgot!
Nice try bud, that was on there like almost a year ago, that's not recent....
Yea the thing is, those are not major companies that are owned by world renown companies bud... Those companies are almost impossible to even verify their business much less anything else about them. ACTN is an open book, all their files are there, never been late on a signle one, everything is clear as a bell, straight forward and out in the public and completely verifiable, even nasdaq approved them...
What sir, was "boasted about" and never happened. the 10q was amazing, their revenue increased by well over 20% for the quarter... Just as I and others said it would... The two things talked about here were good earnings and nasdaq, one already came to past, the other is still in the works...
This is nothing more than shorts and flippers cashing out because they don't like to wait, simple as that.
This has nothing to do with how this company is set up. They simply bought a shell, and did a r/m to go public and get listed here in the USA> This is a very common practice and companies do it all the time because it's 10 times faster than doing an IPO. You have a real company, who bought a existing shell and did a r/m, there is nothing to "invalidate" or anything like this, this company has been in operating for years and everything is perfectly legal, perfectly fine.
What you got here is people simply trying to scare people by saying "ohhh no look at all these OTHER Chinese companies that are scams" when none of them are even remotely close to ACTN and it's setup.
The stock went from .18 to $2.26 in roughly a 7 days.... Yea what a "run" only went up 1000% lol. Get off the kool aid bud...
You don't get a single person pumping a stock on a message board and it going up $2 in a few days. Sorry bud, but it doesn't work like that. If it was as simple as that everyone would make millions in the market. There has been no paid promos for the stock, no free promos with this stock, just people on ihub talking about a great company.... That's it.
not I, been playing other stocks this morning...
The funny and or sad thing about people believing MMs use those "codes" to signal each other is the simple fact that MMs are nothing more than automated programs, MMs are actually in competition with each other to make money so they wouldn't be trying to "help" or signal each other, and the most obvious, all MMs have access to level 3 so there is no need to use "signals" as they can already see exactly what they are doing, even if they are using a ECN.
Lol that was great! Classic simply classic!
They do almost a billion, A BILLION in revenue and these are the only two "negative" things you can find on the company.... A expired business license for a company that actually is in China, not the USA, and the fact that they simply haven't mentioned anything in the earnings about Nasdaq.... That's it....
Lol if the stock goes up tomorrow and has a green day I will thank you for proving to everyone here that there really is nothing bad about this company, thanks for the help in getting the word out!
Nothing looks "odd" to me and you can't tell anything from just looking at the OHLC and volume of a stock. The stock ran up 1000% and it's down a tiny bit since the high. This is normal for any stock that runs so high so quickly. You will always have day traders and range traders who are in it for the quick flip and move on. People need to understand that stocks don't just go up 1000s of percents and never pull back. Stocks do go "down" and it's for one reason and one reason only, because someone is selling. This is normal, good for the stock, and is needed. All it's doing is getting some of the flippers and or weak hands out, letting the charts cool off and reset, and setting up the next run.
Simple as that.
It would take 30 seconds for me to grab 4 or 5 MMs and stack the ask. Seriously, it's literally nothing more than selecting MM X sell X amount of shares at X price, then placing another order with MM y, sell x amount of shares etc....
That's all there is to it.... Anytime you see the MMs setting up in that type of way, just know thats one or more traders doing it, not the MM it self. It still amazes me how many people just don't understand the very basics of what MMs do, and how they do it. Most people talk about them as if they were an actual human trader sitting down at a computer....
Again you got a lot to learn buddy. If you see the ask "stacked" with what looked like a wall, and then after it get's hit it "goes away" right away, that again has nothing to do with the "market makers", those are trigger trades. If I see someone get on the ask with a big buy, I can jump right behind him at the same price with a large number of shares to make it look like a wall, but I can set a trigger to automatically remove my order once that price gets hit. It's as simple as that bro, no "dirty Market Maker games" needed here.
I can also do "iceberg" sells on the ask where it only shows "X" amount of shares, but every time someone slaps it more MMs keep popping up once one gets knock out.
Like I said before, to the inexperienced this looks like the market makers doing these "tricks" but in reality it's done by the traders. If a market maker moves to a certain price, down ticks, up ticks, puts up a fake wall, hides shares, stacks the ask, etc... etc... etc.. they do it because a trader is routing their orders through and telling the MM to do this at this price or that at this price, not because the MM it self is doing it on it's own.
Your logic and theories are sound, they are how ever incorrect. Those SEC and FINRA reports you are talking about have MUCH more to them than what most people realize. What you see in the report is not usually what you get, which is why you see the discrepancies that you do. Just like most people see the "daily short list" and actually think that is a list of just "short sells" in a stock. In reality that list is made up of market maker trades as well, and market makers are considered "short" if they give shares to a buyer before going out into the market in buying the same amount of shares back. These also get added to that list but you always see people on I hub quoting the daily short list as if it actually showed the exact true numbers of short sells during the day. In reality most of the trades listed on that list are simply normal trades that get recorded as "short sells" due to how they report the sells. So basically the data on that is usually pretty useless when trying to find out how many true shorts sells took place in a stock.
This is just one example of how you can be reading something, and believing it's telling you one thing, but in reality its not what you think.
Again, everything you have brought up about the "market makers" is something that I can do with a few mouse clicks. The market makers them selfs are not doing any of this, it's the traders. Please understand this.
Basically most prop traders allow direct access to the market makers and let you pick your own routes, even floor routes. I use BSI, but there are plenty of them that allow this. There are also standard brokers that offer direct routes as well and let you use any of the market makers.
It's quite clear Nasdaq is in this companies very short term future, and when they uplist to that, or even talk about it, this will explode. This is one of the best companies I have seen that wasn't on a major exchange, they have nothing negative about them, nothing that looks "fishy" and have the cleanest track record a company could possibly have. Fantastic earnings, share structure, net profits and they are in a market sector that is booming right now which will surely provide them with a ton of room to grow. Factor in that they just increased their production capabilities and are going to expand this business into new markets, and have upped their production by 60% now, this will be $5 to $10 very very soon again.
What are you disagreeing with, do you want me to get on there tomorrow and "control" the market makers while you watch on Level 2 to prove to you how it actually works? I will tell you the exact market makers I am about to use if you want as well, so you can watch them "move" up and down.
I am trying to help you understand how this actually works, and make you a better trader. If you want to ignore facts and continue to believe incorrect things that is fine, go for it, but all I am trying to do is cut down on a little bit of the ignorance that seems to be all over ihub.
There is no "thinking" these are the facts, you can either choose to accecpt them or ignore them, that is up to you. N00bs are the only ones who think that MMs are "out to get them" and "hold stocks down". Experienced traders actually know how they work. MMs make money on the spread, they very very very rarely ever hold shares long, and don't care what price they buy or sell at, as again the make money on the spread.
I am sure you use a big broker like Etrade or TDA, where all you do is put in your order and hit submit and it magically shows up in the market at what price you picked. I use a prop trader that allows you to enter in manual routes, select what ever market maker you want, and even hide shares. When you see people down ticking, bid up ticking, etc, that is simply someone who has access to a direct route trading account that allows people to select what ever MMs they want and move them to what ever price points they want.
I could literally go on there, and place sell orders on the ask side at 5 different price points, using 5 different market makers. If you were watching level 2, I am sure you would be screaming about how the "MMs are stacking the ask" and "playing their games". The MMs didn't do anything that I didn't tell them to do.
Now of course I am long and strong here and haven't sold a single share, but that is how this works. If you see the bid up ticking, or a lot of people stacking the ask, those are NOT the market makers doing that on their own, thats people using them and setting them up like that.
Market maker manipulation is very real, but its done by traders not the market makers. Market makers are simply automated computers that are there to add liquidity to the market by buying and selling peoples shares. They don't have some "agenda" where they are trying to knock down the pps or raise it up. They don't trade the same way human traders trade. The sooner you learn these facts the smarter you will be when it comes to trading....
Hahah yea because Ihub is never wrong or uses outdated information in their stock quotes LOL. We don't go by outdated numbers, we call the TA our selfs and verify EXACTLY how many shares are in the float. Even if it was 1.5 million, thats hardly a bad float, and about as small as you can get, but the real number is still 750k, and remains unchanged.
You got a lot to learn about Market Makers, no offense or anything, but the "Market Makers" are not going out and buying shares and holding the price down and bid wacking... The market makers are controlled by who ever is using them... IE I could get on NITE or HDSN my self and lower the ask to 1.25 or what ever, and stack a bunch of shares on it. Or I could get on bid, and up tick it, etc. When you see that happening thats not he "market makers" doing it, it's what ever stock trader that is using that market maker doing it.
So please, don't blame the market makers, blame the traders who are using them, as they are the ones controlling how this, and every other stock trades. The market makers are simply "there".
Keep in mind, they just started the use of this new facility in aug, so they basically didn't have any revenues from that yet on these finanicals, so even those these are great, the next quarters are going to be amazing!
On August 1, 2011, Longhai entered into a lease agreement with Xingtai Longhai Steel Group Co. Ltd. (the “Landlord”), a related party, pursuant to which Longhai leased approximately 90,500 square meters of manufacturing space and all wire making equipment contained in the space (the “Lease”). Longhai commenced the Lease on August 1, 2011 and started operating the new production line (the “New Line”) on August 22, 2011. The New Line has the capacity to produce alloy steel, cold forging steel and welding rod. It is expected to increase Xingtai Longhai’s annual capacity and profit by approximately 60%.
Third Quarter Financial Performance Highlights
Let it move up on it's own merit? What the heck do you think it has done the last week +. This whole run has been based on nothing more than "it's own merit" and the fundamentals of the company....
Let me try to clear this up, according to the SEC's website the filing deadline for 3rd quarters ending on sept 30th is Nov 14, aka monday. So unless they file an NT extension, which they have never done before, we should get it sometime monday. Last quarters came out around noon so that might give a hint as to the time frame.
No doubts about it! $5 is just book value, the true value here is much higher than that.
Hey "dude" guess what, book value is almost $5 on this, this stock was just at $11 a few months ago... DUDE.... The fact that this stock can run up 1000 % in only a few days should be a reason TO buy and not to sell, as it's already proven how fast and easy it is to move this with little volume. Oh yea, there is all the fantastic DD on this company, the earnings coming out on monday, the nasdaq uplisting, etc etc etc... lol
Man where you here when this was up 500% telling people "hey dude, why buy this when it's already up 500%, theres no way it's going to go to 1000%" lol....
Let me tell you, if there was ever a person on a stock message board to listen to, it's someone named "Nitwit" who starts off his posts with "Dude". I do believe that says it all.
Lets see up 1000% in a matter of days, down 29% on a friday from the high after the day traders cashed out. Lol what an "epic" sell off! Thank you for your poor attempts at causing panic, but I will be adding more in the am on Monday in perperation for the 10Q and expected Nasdaq news...
Up 110% yesterday, down 29% today, on a friday no less, that's a hell of a nice way to hold onto gains and build a stronger base before making the next big move up, a move that will most likely start with the big 3rd Q financials dropping on monday and a update on their Nasdaq plans!