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BTW, Howard rocks! Did you catch how savvy he is on the Bill Chippas show this morning?
Every time he improves Aquaprin, he resubmits new patents. He was VERY CONFIDENT in his patent attorney. This guy KNOWS what a valuable asset he has and is not shy of putting up his own dough behind it. He was laughing at the thought of not owning the rights as he keeps improving it.
He also said that he has been in the "pharm" arena for a while now and has guided some very successful companies in the past.
I think so too...although if we got 3.3m every day by 1 pm. I wouldn't be too sad.
I think they will go down soon, but I will be interested to see if they come back when they go...
I have my doubts, it's still their MM game to play - it's just that when volume hits high they can't counteract it.
IMO anyway
Very thin bid & ask: .0399 to .04
Volume coming.
This may sound absurd, but if the MM's are not putting up a false wall, there is only a little over 2m between us and a nickel.
PHAR has hit good volume days before, who knows, maybe the Bill Chippas Show now and the CC will do that...
Thanks for sharing that with us...
I can only peek in and out from time to time @ work
during the day.
You are EXACTLY right, I thought I had read somewhere
last week that they can even borrow shares from each
other and display the value on those borrowed shares at
any price they wish.
I'll have to check on that when I get home.
Well, anyone willing to buy the nearly 6m shares to get it to .06? lol
Wow...what a lot of shares for NITE to average.
It's going to take a little while for me to get used to the new Level 2 rules.
Used some more powder today, hit the ask and got mine @ .0305.
One happy camper here to average down my position at the beginning of a great day.
I know it's still 5 minutes to open, but Level2 is stacked nicely today, so far.
1 sell @ .0555
next up are the .07's.
Surely they will change that after open...
Tremendous day potential for PHAR. Truly seems like a gem with very few flaws, IMO.
We'll see, anticipating the best.
Nothing on their website, yet. Just checked.
WILLY & KGEM, both well said. The summer sell and oil price drop both are very strong forces here. I'm still in it for the long haul, too. Every time I am tempted to sell, good solid news comes out that makes me reconsider...not really PR, but solid stuff.
lol...sure you did.
Well, welcome back and don't jump off a cliff because you can't live without this stock.
GLTY anyway and have a great week.
ROBERT22, thanks for the info. I was wondering what the time frame would be, hence a question for the CC on Tuesday.
Well, I have traded on the big boards for 6 years, but was always afraid of PennyLand. I studied the penny boards and watched stocks of all kinds go through the hoops: R/S, O/S, P&D schemes, lawsuits, shells, etc., for 6 months before I jumped in to investing down here a couple months ago.
So, I am not that experienced here in the pennies, but I wouldn't say technicals are useless. I think some technicals show up on my scans to help me weed through what IMO is a stock with upside or one that is worthless to me.
It also depends whether you plan to be a day-trader, a penny-flipper or one for the longs, whether months or years. My job does not allow me to sit and stare @ Level2 all day (but I can usually take a quick peek @ it & the boards to see if news is out), so I go more for stocks with long upsides.
But, yes, anyone who isn't aware of MM's tactics is going to lose their money and lose it fast. Like on "It's a Wonderful Life," the MM's are Mr. Potter and you are George Bailey...when there's a run on the bank, you won't be able to save anything else, just fight for your stock, the Bailey Savings & Loan. If you can save that, you win.
GLTY, IMO GHLV has great potential. Read all the posts, not just the stickies, then check it out yourself. IMO this is a GREAT jumping in point at this price.
Down in PennyLand, you had better think of your stock as a pet lion, you may want to feed it...but never turn your back on it, because it can never be trusted. Even the best stock in the pennies can bite you in the rear!
GREAT NEWS!!! Can't wait 'till Monday and a great week!
BTW, I think the ratings are as follows, but could be wrong:
Buzz Cloud: # of times PHAR is mentioned in posts. I don't think it matters though if you wrote PHAR a hundred times, it is the number of posts you use with PHAR. So, if you want to make a big notice on the buzz cloud to bring people in, always mention PHAR in your post.
Breakout Board: % of gains when first posted. IMO we will be topping the chart in about 6 months or so, when product hits market. Of course, we will see what time frame is from CC on Tuesday.
GLTA and enjoy your weekend. See you in church Sunday, out to eat with Mom in the afternoon, then back on the boards Monday.
BTW, SJJNMARTIN, could we sticky the report or a link to it for new investors to see?
Good for you, I am happy for you.
So...how high did your investment make the stock go up?
Don't get me wrong, I'm not bashing the stock, I have 2 more days before more funds settle and I can buy more.
My response was toward the idea that some kind of "negative vibes" would make PHAR tank somehow.
Getting the word out is great, but the real run will come when big money gets involved. As soon as possible, if you ask me.
IMO let's all take a chill pill and look forward to a great week next week. Very interesting trading going on today.
BUY definitely.
Sorry, I am probably the worst prognosticator in the world.
We haven't heard any PR for a while, so I would assume we would hear something soon. I'm hanging on because when something breaks, I am assuming this will move quickly.
Then whoever listens to them is an idiot (IMO, of course).
3% of shares floating around, and SELL @ this low price?
You've got to be kidding!
The first rule of making money is buy when people are selling and sell when people are buying! Buy low sell high.
TY, wasn't sure when that started.
For what it is worth...
ETMM & UBSS have monster asks and bids on 8 other penny stocks that I know of.
What is up with that?
This is very interesting...
ETMM & UBSS have huge buy and sell amounts on 8 penny stocks I have seen so far.
I wonder what is up with them...
True, didn't mean that was what was happening today. Just general info.
Man, I love your posts. Knowledgable and helpful!
I am a student for a lifetime and enjoy the process.
I know we received confirmation here about the MM schemes on ELTP.
Saw this post on another board, and while I may not fully agree with the conclusion, I thought it was very interesting reading. I believe it was an old post that has been around a while, but still good.
MARKET MAKERS SHAKEDOWN: A MUST READ!!!!!!!!
MMs Practices exposed (somewhat)...This is from another poster who found this delicious breakdown of how the MMs put the screws to all who are weak and shake easily.
good reading..
More and more investors are winning the game
nowadays despite all bashers that float through the
Internet that has become part of the game. Floor
traders of market makers often watch CNBC, news
wires and bulletin boards in order to follow the
market during trading session. OTC BB market makers
(MMs) don't use fundamental and technical analysis.
However, what they do realize is a lot of dumb
money does use this newest niche charting or TA
(Technical Analysis) to run a stock either up or
down. To the MMs this is like taking candy from a
baby. Simply they will paint the tape and use
whatever tactic to affect the charting bands. Thus
the public and dumb money they will have eating out
of their hands. Effectively the MMs can show a
strong stock growing weak by manipulating the close
price in order to generate selling volume, delaying
trading time to manipulate trading activities, or
even stalling the ask without honoring orders to
hold a stock price.
MMs follow a simple code of business when making a
market in a stock especially an OTC BB / PS. That is the
level that stocks will seek that yields the most
volume. Now this is very important because they
make money on the volume buying at the bid and
selling at the ask. In other words, by making the
market they are buying low and selling high. Now
smart money adheres to that rule, so do all the
market makers. They could careless whether the
stock is at $22 or at $0.0002. All they care about
is the action thus being able to sell stock at the
offer (The high) and buy stock at the bid (The
low). To increase their profitability, they make
the spread as great as possible on as many shares
as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not
the price that's going to yield the most volume.
They need both buy and sells to get the maximum
action. Remember, MMs play the volume. If the
volume decreases and there are mostly Buys that
become a one way volume, Buy volume. So what they
do is let the stock run up to a price where it runs
out of steam. They fill all the buy orders there
that they can and then comes the pullback one way
or another naturally or induced. During the pull
back they can buy tons of shares and flip them to
those averaging down or trying to catch the bounce.
At some price, the stock will be relatively stable
and yield the most volume. Now that is the average
price you will see
The average price is the point where a stock seeks
a level where MMs can profit on the most volume.
So during the day that is the price that MMs and
momentum/day traders want to see the stock at. Why?
Because they know the public and dumb money was
chasing the price thing up. Most of the time, the
MMs love a flurry of Market Orders which is a dead
sign of an artificial run or momentum. Merely it
is money in the bank for them. Most get hung in a
momentum or day trade or by the tactics of Market
makers, who are in the business to screw the public
every chance they get. They are merely making the
market liquid is their reasoning.
The market makers have created an added
complication to the OTCBB's /PS chaos of the already
volatile intra-day price movements created by dumb
money, momentum and day-traders. MMs can not relate
to long-term holders in the OTC BB / PS. That makes
absolutely no sense what so ever. They feel a large
percentage of trades in the OTC BB / PS market consist
of short-term or day-trades, MMs merely view the
barrage of buy and sell orders as relatively
neutral to the market. How they figure it is when
the average dumb money buys shares in a company,
the MMs feel or rather know with some certainty it
is very likely that dumb money will want to sell
back those shares relatively quick on the slightest
drop.
Now somewhat comfortable with this logic the MMs
merely short sells into the buying and attempts to
take the stock down in an effort to "shake out" the
weak. Since it is tough to know for sure whether a
move is the beginning of a trend, or a routine
shake out, this type of deception works quite well
for the MMs. What the long-termers do to a stock
is surprise the MMs because instead of falling, the
shorting has no effect and the price goes up. Now
that puts the MM at selling low through shorting
and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy
campers. The investors and traders aren't supposed to
be doing that to them. Now it becomes time to pull
out every trick and tactic in the book in order to
attempt to get a Bear Raid at every dollar/cent mark or
percent from where the stock started. Could be a
fraction of a penny in smaller priced securities.
What MMs do is give you a chance to make a small amount
of money for your momentum and day trading style by
shorting it at these levels and trying to get a bear raid
each time. Each failure is compounding the MMs
short position so they let it go to the next level.
Now come more deliberate tactics MMs use to coerce
Bear Raid or panic selling.
Once the MM is caught short and the strength of the
buy is overpowering the MM will want to cover his
short position. So the MMs call up one of his
friendly MMs and says some like "the weather is
sure rough today." The MM along with the other
"friendly MM initiates a down tick about the same
time. Now this can also be done with a certain
amount of shares such as an infamous 100 shares
flag. This down tick gives the illusion of weakness
designed to hopefully begin the bear raid of
selling. The fickle, fearful, day trader, momentum
and short term begin to sell out allowing the MM
to cover his short position at lower prices. They
will move it down quickly to get it to a price of
least financial damage. Problem they have is
long-term investors in the OTC BB / PS. They start
accumulating and buying comes flying in when they
take it too far thus the MMs took it to the point
of volume again and not only investors the other
MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes
various tactics like stalling, boxing, or even
locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of
collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would
take probably more than a lifetime to figure them
all out.
So how do investors somehow manage to overcome the
obvious deception in OTCBB arena? One answer is
indirection trading style by going long which the
MMs do not expect. In the war between investors and
public companies on the OTC BB / PS vs the MMs, if the
MMs have all the advantages due to position or
other factors, direct confrontation such as
momentum or day trading hitting the stock is a
definite death sentence.
However, an indirect approach tends to weaken the
path of least resistance before slowly overcoming
it. The most effective way is long-term investors
slowly accumulating and holding thus drawing the
MMs out of its defenses making them as naked as
their short position. This is war so this slow
accumulation and holding for the long term easily
achieves the desired effect to force MMs to cover
and knock off the tactics or bury themselves
deeper.
The MMs when caught will especially use every trick
and tactic in the book to get a Bear Raid thus
playing on the individual fear of most people. The
MMs feel they have information and position
advantages over the investors as long as the
holding of the stock is in weak hands or short term
holders. Since they are OTC BB MMs who believe all
OTCBB companies are not worth investing and
management is ineffective regardless what is
happening within the company. Furthermore, MMs know
they are in the position to impose a great deal of
influence in OTC BB stocks trading when it suits
their needs.
This inherent power of position enables the MMs to
move the markets at any time up or down. As a
result, the only way to draw them out of their
favorable position is going long. Now this does not
mean just any company but to effectively nail the
MMs, Longs must find the great company on the floor
and accumulate long before the MM tactics and games
begin.
Isn't this info a "Hoot?"
I always knew they didn't play fairly, but they are almost as bad as terrorist who instead of using a gun, they use our greed to bring us down.
the answer is not to go long but to know you stock
sell high buy back low. know the resistance points and know the level the mm are looking for.
GLTA, I am in ELTP for the long haul.
DEFINITELY.
This is one of those plays where P&D schemes that normally pay the newsletters to get the word out on weak scams may actually work a little here.
However, CAVR already did that about 2-3 weeks ago, then immediately the price dropped from all the flippers that jumped in.
Either this will slowly rise, or they may hit a new well in 8-12 months to break news...or they may get a supply contract with a big company.
I agree, though, if people were to hear and do DD, they would be suitably impressed.
I examined this thing over and over looking for problems and IMO this is a gem with very few flaws.
Saw this on another board I am on, and thought I would share it. I think it is from a post that has been around for a while. I don't agree with the point at the end, necessarily, but it is an interesting read:
MARKET MAKERS SHAKEDOWN: A MUST READ!!!!!!!!
MMs Practices exposed (somewhat)...This is from another poster who found this delicious breakdown of how the MMs put the screws to all who are weak and shake easily.
good reading..
More and more investors are winning the game
nowadays despite all bashers that float through the
Internet that has become part of the game. Floor
traders of market makers often watch CNBC, news
wires and bulletin boards in order to follow the
market during trading session. OTC BB market makers
(MMs) don't use fundamental and technical analysis.
However, what they do realize is a lot of dumb
money does use this newest niche charting or TA
(Technical Analysis) to run a stock either up or
down. To the MMs this is like taking candy from a
baby. Simply they will paint the tape and use
whatever tactic to affect the charting bands. Thus
the public and dumb money they will have eating out
of their hands. Effectively the MMs can show a
strong stock growing weak by manipulating the close
price in order to generate selling volume, delaying
trading time to manipulate trading activities, or
even stalling the ask without honoring orders to
hold a stock price.
MMs follow a simple code of business when making a
market in a stock especially an OTC BB / PS. That is the
level that stocks will seek that yields the most
volume. Now this is very important because they
make money on the volume buying at the bid and
selling at the ask. In other words, by making the
market they are buying low and selling high. Now
smart money adheres to that rule, so do all the
market makers. They could careless whether the
stock is at $22 or at $0.0002. All they care about
is the action thus being able to sell stock at the
offer (The high) and buy stock at the bid (The
low). To increase their profitability, they make
the spread as great as possible on as many shares
as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not
the price that's going to yield the most volume.
They need both buy and sells to get the maximum
action. Remember, MMs play the volume. If the
volume decreases and there are mostly Buys that
become a one way volume, Buy volume. So what they
do is let the stock run up to a price where it runs
out of steam. They fill all the buy orders there
that they can and then comes the pullback one way
or another naturally or induced. During the pull
back they can buy tons of shares and flip them to
those averaging down or trying to catch the bounce.
At some price, the stock will be relatively stable
and yield the most volume. Now that is the average
price you will see
The average price is the point where a stock seeks
a level where MMs can profit on the most volume.
So during the day that is the price that MMs and
momentum/day traders want to see the stock at. Why?
Because they know the public and dumb money was
chasing the price thing up. Most of the time, the
MMs love a flurry of Market Orders which is a dead
sign of an artificial run or momentum. Merely it
is money in the bank for them. Most get hung in a
momentum or day trade or by the tactics of Market
makers, who are in the business to screw the public
every chance they get. They are merely making the
market liquid is their reasoning.
The market makers have created an added
complication to the OTCBB's /PS chaos of the already
volatile intra-day price movements created by dumb
money, momentum and day-traders. MMs can not relate
to long-term holders in the OTC BB / PS. That makes
absolutely no sense what so ever. They feel a large
percentage of trades in the OTC BB / PS market consist
of short-term or day-trades, MMs merely view the
barrage of buy and sell orders as relatively
neutral to the market. How they figure it is when
the average dumb money buys shares in a company,
the MMs feel or rather know with some certainty it
is very likely that dumb money will want to sell
back those shares relatively quick on the slightest
drop.
Now somewhat comfortable with this logic the MMs
merely short sells into the buying and attempts to
take the stock down in an effort to "shake out" the
weak. Since it is tough to know for sure whether a
move is the beginning of a trend, or a routine
shake out, this type of deception works quite well
for the MMs. What the long-termers do to a stock
is surprise the MMs because instead of falling, the
shorting has no effect and the price goes up. Now
that puts the MM at selling low through shorting
and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy
campers. The investors and traders aren't supposed to
be doing that to them. Now it becomes time to pull
out every trick and tactic in the book in order to
attempt to get a Bear Raid at every dollar/cent mark or
percent from where the stock started. Could be a
fraction of a penny in smaller priced securities.
What MMs do is give you a chance to make a small amount
of money for your momentum and day trading style by
shorting it at these levels and trying to get a bear raid
each time. Each failure is compounding the MMs
short position so they let it go to the next level.
Now come more deliberate tactics MMs use to coerce
Bear Raid or panic selling.
Once the MM is caught short and the strength of the
buy is overpowering the MM will want to cover his
short position. So the MMs call up one of his
friendly MMs and says some like "the weather is
sure rough today." The MM along with the other
"friendly MM initiates a down tick about the same
time. Now this can also be done with a certain
amount of shares such as an infamous 100 shares
flag. This down tick gives the illusion of weakness
designed to hopefully begin the bear raid of
selling. The fickle, fearful, day trader, momentum
and short term begin to sell out allowing the MM
to cover his short position at lower prices. They
will move it down quickly to get it to a price of
least financial damage. Problem they have is
long-term investors in the OTC BB / PS. They start
accumulating and buying comes flying in when they
take it too far thus the MMs took it to the point
of volume again and not only investors the other
MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes
various tactics like stalling, boxing, or even
locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of
collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would
take probably more than a lifetime to figure them
all out.
So how do investors somehow manage to overcome the
obvious deception in OTCBB arena? One answer is
indirection trading style by going long which the
MMs do not expect. In the war between investors and
public companies on the OTC BB / PS vs the MMs, if the
MMs have all the advantages due to position or
other factors, direct confrontation such as
momentum or day trading hitting the stock is a
definite death sentence.
However, an indirect approach tends to weaken the
path of least resistance before slowly overcoming
it. The most effective way is long-term investors
slowly accumulating and holding thus drawing the
MMs out of its defenses making them as naked as
their short position. This is war so this slow
accumulation and holding for the long term easily
achieves the desired effect to force MMs to cover
and knock off the tactics or bury themselves
deeper.
The MMs when caught will especially use every trick
and tactic in the book to get a Bear Raid thus
playing on the individual fear of most people. The
MMs feel they have information and position
advantages over the investors as long as the
holding of the stock is in weak hands or short term
holders. Since they are OTC BB MMs who believe all
OTCBB companies are not worth investing and
management is ineffective regardless what is
happening within the company. Furthermore, MMs know
they are in the position to impose a great deal of
influence in OTC BB stocks trading when it suits
their needs.
This inherent power of position enables the MMs to
move the markets at any time up or down. As a
result, the only way to draw them out of their
favorable position is going long. Now this does not
mean just any company but to effectively nail the
MMs, Longs must find the great company on the floor
and accumulate long before the MM tactics and games
begin.
Isn't this info a "Hoot?"
I always knew they didn't play fairly, but they are almost as bad as terrorist who instead of using a gun, they use our greed to bring us down.
the answer is not to go long but to know you stock
sell high buy back low. know the resistance points and know the level the mm are looking for.
GLTA on GHLV
Saw this on another board I am on, I understand it has been around for a while, but I thought it was pretty interesting.
MARKET MAKERS SHAKEDOWN: A MUST READ!!!!!!!!
MMs Practices exposed (somewhat)...This is from another poster who found this delicious breakdown of how the MMs put the screws to all who are weak and shake easily.
good reading..
More and more investors are winning the game
nowadays despite all bashers that float through the
Internet that has become part of the game. Floor
traders of market makers often watch CNBC, news
wires and bulletin boards in order to follow the
market during trading session. OTC BB market makers
(MMs) don't use fundamental and technical analysis.
However, what they do realize is a lot of dumb
money does use this newest niche charting or TA
(Technical Analysis) to run a stock either up or
down. To the MMs this is like taking candy from a
baby. Simply they will paint the tape and use
whatever tactic to affect the charting bands. Thus
the public and dumb money they will have eating out
of their hands. Effectively the MMs can show a
strong stock growing weak by manipulating the close
price in order to generate selling volume, delaying
trading time to manipulate trading activities, or
even stalling the ask without honoring orders to
hold a stock price.
MMs follow a simple code of business when making a
market in a stock especially an OTC BB / PS. That is the
level that stocks will seek that yields the most
volume. Now this is very important because they
make money on the volume buying at the bid and
selling at the ask. In other words, by making the
market they are buying low and selling high. Now
smart money adheres to that rule, so do all the
market makers. They could careless whether the
stock is at $22 or at $0.0002. All they care about
is the action thus being able to sell stock at the
offer (The high) and buy stock at the bid (The
low). To increase their profitability, they make
the spread as great as possible on as many shares
as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not
the price that's going to yield the most volume.
They need both buy and sells to get the maximum
action. Remember, MMs play the volume. If the
volume decreases and there are mostly Buys that
become a one way volume, Buy volume. So what they
do is let the stock run up to a price where it runs
out of steam. They fill all the buy orders there
that they can and then comes the pullback one way
or another naturally or induced. During the pull
back they can buy tons of shares and flip them to
those averaging down or trying to catch the bounce.
At some price, the stock will be relatively stable
and yield the most volume. Now that is the average
price you will see
The average price is the point where a stock seeks
a level where MMs can profit on the most volume.
So during the day that is the price that MMs and
momentum/day traders want to see the stock at. Why?
Because they know the public and dumb money was
chasing the price thing up. Most of the time, the
MMs love a flurry of Market Orders which is a dead
sign of an artificial run or momentum. Merely it
is money in the bank for them. Most get hung in a
momentum or day trade or by the tactics of Market
makers, who are in the business to screw the public
every chance they get. They are merely making the
market liquid is their reasoning.
The market makers have created an added
complication to the OTCBB's /PS chaos of the already
volatile intra-day price movements created by dumb
money, momentum and day-traders. MMs can not relate
to long-term holders in the OTC BB / PS. That makes
absolutely no sense what so ever. They feel a large
percentage of trades in the OTC BB / PS market consist
of short-term or day-trades, MMs merely view the
barrage of buy and sell orders as relatively
neutral to the market. How they figure it is when
the average dumb money buys shares in a company,
the MMs feel or rather know with some certainty it
is very likely that dumb money will want to sell
back those shares relatively quick on the slightest
drop.
Now somewhat comfortable with this logic the MMs
merely short sells into the buying and attempts to
take the stock down in an effort to "shake out" the
weak. Since it is tough to know for sure whether a
move is the beginning of a trend, or a routine
shake out, this type of deception works quite well
for the MMs. What the long-termers do to a stock
is surprise the MMs because instead of falling, the
shorting has no effect and the price goes up. Now
that puts the MM at selling low through shorting
and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy
campers. The investors and traders aren't supposed to
be doing that to them. Now it becomes time to pull
out every trick and tactic in the book in order to
attempt to get a Bear Raid at every dollar/cent mark or
percent from where the stock started. Could be a
fraction of a penny in smaller priced securities.
What MMs do is give you a chance to make a small amount
of money for your momentum and day trading style by
shorting it at these levels and trying to get a bear raid
each time. Each failure is compounding the MMs
short position so they let it go to the next level.
Now come more deliberate tactics MMs use to coerce
Bear Raid or panic selling.
Once the MM is caught short and the strength of the
buy is overpowering the MM will want to cover his
short position. So the MMs call up one of his
friendly MMs and says some like "the weather is
sure rough today." The MM along with the other
"friendly MM initiates a down tick about the same
time. Now this can also be done with a certain
amount of shares such as an infamous 100 shares
flag. This down tick gives the illusion of weakness
designed to hopefully begin the bear raid of
selling. The fickle, fearful, day trader, momentum
and short term begin to sell out allowing the MM
to cover his short position at lower prices. They
will move it down quickly to get it to a price of
least financial damage. Problem they have is
long-term investors in the OTC BB / PS. They start
accumulating and buying comes flying in when they
take it too far thus the MMs took it to the point
of volume again and not only investors the other
MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes
various tactics like stalling, boxing, or even
locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of
collusion designed to fix quotes or spreads.
MMs have a vast resource of tactics and it would
take probably more than a lifetime to figure them
all out.
So how do investors somehow manage to overcome the
obvious deception in OTCBB arena? One answer is
indirection trading style by going long which the
MMs do not expect. In the war between investors and
public companies on the OTC BB / PS vs the MMs, if the
MMs have all the advantages due to position or
other factors, direct confrontation such as
momentum or day trading hitting the stock is a
definite death sentence.
However, an indirect approach tends to weaken the
path of least resistance before slowly overcoming
it. The most effective way is long-term investors
slowly accumulating and holding thus drawing the
MMs out of its defenses making them as naked as
their short position. This is war so this slow
accumulation and holding for the long term easily
achieves the desired effect to force MMs to cover
and knock off the tactics or bury themselves
deeper.
The MMs when caught will especially use every trick
and tactic in the book to get a Bear Raid thus
playing on the individual fear of most people. The
MMs feel they have information and position
advantages over the investors as long as the
holding of the stock is in weak hands or short term
holders. Since they are OTC BB MMs who believe all
OTCBB companies are not worth investing and
management is ineffective regardless what is
happening within the company. Furthermore, MMs know
they are in the position to impose a great deal of
influence in OTC BB stocks trading when it suits
their needs.
This inherent power of position enables the MMs to
move the markets at any time up or down. As a
result, the only way to draw them out of their
favorable position is going long. Now this does not
mean just any company but to effectively nail the
MMs, Longs must find the great company on the floor
and accumulate long before the MM tactics and games
begin.
Isn't this info a "Hoot?"
I always knew they didn't play fairly, but they are almost as bad as terrorist who instead of using a gun, they use our greed to bring us down.
the answer is not to go long but to know you stock
sell high buy back low. know the resistance points and know the level the mm are looking for.
Rather interesting.
It seems like a crazy day for them. Perhaps they are trying to make up $$$ they have lost somewhere else.
On one of my other plays UBSS & ETMM have unbelievably high buys & sells, also.
We'll see
I "mis-posted" yesterday with CHEY, in this one I am averaged in @ .038 - it was another play I was in @ .05.
Even those .03's look good to me!!
Man, I am telling you...
IMO CAVR seems so solid and strong, I am amazed at how it is building its strength step by step.
I keep saying that this stock doesn't act like a penny, it acts like a strong stock - just once in a while the MM's like to show their muscle.
Man, I am drooling over those last .025's! We may never see them again. I would have loved to grab some.
GLTY, all 5 of my plays in the pennies are currently churning. Long week for me, but with any news at all, next week I should be soaring.
Wow! Looks like UBSS & ETMM are creating an opportunity for shares switching hands or to lock up the bidding today.
Just checking in, was sneaking peeks @ L2 all day watching GHLV start to move upward. Looks like it is getting its legs and ready to move. Too bad EOW is so close, it may drop tomorrow unless all the flippers have already been shaken out by now.
We are poised well to respond to a PR or news.
ELTP is making me bipolar!
One part of me wants it to go low for 2 more days so I can load up some more. I'm happy it dips, even though I am in anguish over the pps.
The other half is anxious for it to soar! But I will mourn the loss of getting in @ a lower price, yet still laughing all the way up!
Well, any green day is definitely a good day.
Too bad...I mean...GREAT.
GLTA