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here is my theory
the market makers and brokers who trade the otc,
simply short the buy orders that come in from retail traders.
that's all they do
they don't know or care about actual share structure
because they are allowed to print and sell shares they do not own
regardless of what the actual share structure may be.
as long as they can print and sell more shares than
the eventual buying demand, they know they will eventually win
even if it has to go up for a while
when volume drops off usually during mid day
they step in front of everyone who wants to sell on the ask.
and just print more shares to to hit the bid of whoever ventures on
to the bid. and ultimately as the share price dwindles
even on a hot momo, they know the retail trader who chased will try
to minimize his losses and be forced to sell into the bid
because they've blocked his attempts to be able to sell on the ask,
by stepping in front all of his orders. with more fake shares.
and the typical pattern is to drive it down for at least 3 days
once they get their 'top' in,
before they even worry about any attempt to cover the load of fake shares they printed, and balance the books.
and as long as they've shorted the whole load, their balance goes
up with every downtick they manufacture.
so whatever powers that be, they've allowed this system
to function completely as a shorting system for market makers,
brokers, and toxic financiers to profit from,
all of which trade against the average retail trader
so typically only gains taken quickly are allowed to take place
anything held long term, and the system makes sure
your position is a losing position. as long as you
are still holding it. at least 99 times out of 100 anyway.
all imo
so this whole system is rigged.
I have not read this anywhere, I just see it happening.
over and over and over again.
the market makers, and the brokers, and the toxic financiers
all profit from the entrenched shorting system in place.
and the average retail trader is at a huge disadvantage
to make a winning trade fighting an entire system
set up for him/her to lose money.
all in my opinion only
but that's what I see.
have a feeling bootcamp wouldn't go too well
CLNO 0008 filings today, new ceo
only posted a couple of days however
some 0002s buys today. something up here?
its the first step for a reverse merger
very often
been following reverse mergers for near 2 decades
so this aint my first rodeo
here is a list of them
far from all inclusive
but these examples will give you an idea
http://investorshub.advfn.com/15-12G-&-Shell-Plays-7145/
15 12gs do mean something is up, because
without it the ticker gets revoked.
so it means there is someone responding who plans to do something with the ticker instead of allowing it to be revoked.
have seen this play out many times in the last year.
usually
the shell is being kept active
because there is a plan to use it
for a new business.
and shells have considerable value
as reverse merger candidates if so
all imo
15 12g forms often precede mergers, so people speculate on the possibilities of what a dormant ticker may turn into, combined with a lot of digging into any public clues that can be found.
info at nevada sos, transfer agent data, who signed what forms, info from previous filings, etc. etc.
not holding out for neumanns?
do a search on the guy who signed the form. interesting
everyone is busy trying to figure it out
wondering that too
any idea if o/s is still 579m?
sharestructure always matters
on potential 15/12g merger possibilities
vfin was on the bid most of yesterday, and very far off the ask at .25
here is the one everyone uses, particularly
the folks that post on the messages boards that the OTC tickers can't be shorted
https://www.interactivebrokers.com/en/?f=%2Fen%2Ftrading%2FViewShortableStocks.php%3Fcntry%3Dusa%26amp%3Btag%3DUnited%2520States%26amp%3Bib_entity%3Dllc%26amp%3Bln%3D
vfin tried to cover all day .0005x.25
whats the story on CCGC?
moving up?
CCGC 0075 +87% on 330k vol
seriously? whoa
only time it makes sense is if you need a certain share price for a bigger exchange seems like...
cause it sure messes up the liquidity otherwise
what news?
saw something in the filings but skimmed it too fast...
SGAE .0028 several filings out, 10Q shows 45m o/s as of july 1
http://ih.advfn.com/p.php?pid=nmona&article=67559921
SGAE multiple filings just hit
so very likely that's cannaworx related, I'm just wondering if they might
not acquire them with that block of restricted shares?
found some news here:
very similar to the february news that involved GEAR and TWDL, but this is from June and has more detail
had a trade today. this one still alive?
nice call on that one
GEAR 001x0012 -59% last hour on small volume