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I fail to understand why so many here cannot comprehend the structure within financial markets and the institutions that control them.
99% of any on this or any other board has little availability to information regarding markets that is not paid advertising. What market you are in just determines whether it comes from Bloomberg or penny stock rags. Still paid for hit pieces, designed to generate interest. Sometimes fear, sometimes exuberance, depending on what the money behind the scenes is paying for.
All of this is done by proxy. There is no direct access to these people.
If you happen to manage enough assets or have enough of your own, you may be asked for use of your funds. This comes from a confidential source, not Google or YouTube or even a firm. You betray the sources and you will never get another call or email.
Every time I mention this there is a slue of it's illegal or show me. Laughable! They have people trained very well.
My only specialized knowledge regarding DBMM is recognizing the pattern. I am not talking about chart patterns either. You are not dealing with whales here. They are bottom feeders. Doesn't mean there isn't money to be made, just not enough to bring in real money. But they definitely follow a pattern.
Just 40 years of knowledge and my opinion based on it.
Have a Great New Year! See you all in a week.
Yes. Since the previous pump before the attempt at revocation.
Hahahahahaha!!!! Link to promotions in stock market. That is hilarious!!!
That is like asking asking El Chapo for his Cashapp.
I love this place lol!!!
They have hired a promoter, this will be well timed and executed if they are worth their salt. That means nothing is going to happen until all avenues are open and ready to roll.
If you want to help buy more now. If you had bought on the dip last week you would have doubled your money.
I can say this. I have seen a pump in the works here. Doesn't involve NSS. It's a simple promotional catalyst. They will time everything and tie a whale coming in to artificially create volume and bullish sentiment. Feeding frenzy will start and it will hit a lot of radars.
Obviously that will flush any short interest, naked or otherwise.
I would certainly not get greedy.
If it's going to happen, volume is the only way see it. Otherwise it's just typical OTC manipulation.
Had my son buy about $5k worth on the ask in his TD account, during the last dip so I could see what the L2 was doing there. Went through over 100k shares before taking down a 10k ask.
Classic OTC but not a definitive NSS scenario.
Hilarious.
You understand how many individuals could buy the entire MC at this point and not even put a dent in their annual revenue??
Shorts and longs are trapped with no volume. You all can stop arguing about shorts in DBMM as soon as significant volume comes in.
Then a 23mil MC could be 100mil in hours, not days. That is when you will see some shaking. For now it is still very profitable to flip small position size.
Due to actors involved, there is a possibility of naked shorting. Possibility looks more inviting if you consider DBMM should have been long gone by now and everything written off. None of it provable until or if covering starts. Which will require a volume that has not arrived yet.
Basically a Cinderella play.
But you don't get to go to the ball if you don't buy a ticket...
You do know this activity is not reported as short interest right?
Everything you said could be true. As can everything else that has been said in opposition to your opinions.
Facts are doesn't matter anyone's perspective on DBMM or any other investment for that matter. If you are here to find love, you are going to lose.
Reality is, you can lose loving to hate as easily as falling in love.
Only when you are investing with a well defined plan, that requires zero emotional attachment, can you have the best chance of walking away with what you came for.
Once you do this all the hypocritical r/s, $10 moon shot, etcetera opinions are irrelevant. Just noise.
I will guarantee that you will come away wanting if you fall for DBMM, love or love too hate...
Not sure who you are talking about when you say we but it is exactly what I expected.
Sideways churn till next year.
I have stated my opinion on naked shorts plenty but DBMM doesn't need naked shorting to make it to .5.
Obviously, this is OTC so everything is heavily manipulated. But it just took 300,000 shares to knock down a 10,000 share ask.
This is a good indication that a run is in progress.
Plus, regardless of all the pregame hype here, it is no secret this is a horrible time to build a run. I would be utterly surprised if anything significant happened before the new year. And yes I said that before CE and after CE drop.
For what? Buying Twitter?
Hell he tried not too but they forced it and now everyone is crying.
I distinctly remember him saying several times this is what he was going to do lol.
Was a joke lol.
Meaning Twitter manipulation has made it's way here
Clowns are awake managing the DBMM Twitter page I see...
Doubtful. I am sure they shook out a few but this is classic MM churn. They will push it down till they see buyers come in. Let it trend up until the buying slows and push it back down.
That is going to happen until real volume comes in. Which will likely be next year. This is why I find it interesting that the CE dropped at one of the slower market conditions in the year.
Ihub has lv2? Hell I thought it was still lv1.5...
Yes your street nomenclature is correct.
In case it isn't obvious to all. They got that colorful name because you only see a small portion of an iceberg.
Yes that would be why
You know lv2 is not accurate. Between ECN's, MM's and all the other crap, it just gives you an idea.
Just like if you see a never ending 10k order, some probably has already picked up 600k off it already. Just looks like it never got knocked out.
Should have taken profit and left a little for the gambling. If you're playing with funds you can't lose, you lost already.
Likely going to be 2 schools of thought for 3 year longs. The thank God I can tell my wife I didn't lose that money after all and the screw it, money was gone long ago so let ride.
Of course you are correct. You will know when they have had enough. It will trade sideways for a while and pop up hear at there until someone takes the bait.
Rinse and repeat
Possible there was some in the Canadian markets but really if you're going to dive in, too trap short positions you buy to a point where you yourself would consider dropping chow and hold. See if they start averaging. If they do, you pour the coals until they have no choice except cover. Or you run out of coal..
It is really just a game of who has the deepest pockets.
Well the being told to do part is right. It's their job to make a market.
So when volume is low, they make it. Bringing price down till trading kicks off.
Actually a good point. Based on common sense trading principles.
I have far to big of a position to liquidate even over several days at the level of volume.
But I am not a fool. I have under 4k invested in the trips. I dumped a few million into high volume above 3 cents. So I took profit, it is why I have what I have.
To be clear, I don't think this is close to over. I know the people involved and there is blood in the water. Not talking about NSS either. They see a group of inexperienced traders, stuck 3 years in DBMM. They capitulated long ago. This little breath of life is a God send for them but I would be surprised if they make the same mistake twice. Weak hands are where the best short money is. But just like this board, there is a polar opposite presence. Someone is going to start hitting the ask hard to see if they can catch any low hanging fruit. Then there could be a little battle for supremacy.
This has zero to do with DBMM or any fundamentals. None of these 3 year old longs still around are going to do anything but watch. I would be rather surprised by dollars but I could see 50 cents or so before the pissing match is done.
Y'all don't actually think a bunch of reddit kids in grandma's basement are who actually sunk hedge funds in GME? They were the initial catalyst but not the driving force. This game kicks off all the time. It is no coincidence that it occurred in January either...
It is unfortunate there is so little experience here.
This time of year has a historically precedent. It is way I said it was suspicious timing to drop the CE.
Many close positions and take breaks till next year. So I would not expect much regardless of what ticker. Trading will be less. In addition, many have time to research next year's action. Many of my best trades are in January.
Hahaha. You know this is a stock market? Not Trader Joe's on black friday...
I have made this point before. It is more difficult to promote a stock that is not being traded as DBMM was. So more akin to fishing. You cast it out and wait to set the hook.
Someone is going to see that hitting the ask with $20k will send this right back to 3 cents. As I said, until volume comes in it will churn.
Hell I can never tell here. It's like our political environment. There's batshit crazy on both sides of the isles...
Not saying necessarily debunked completely. Just saying with volume nonexistent here, you're not going to see it. It is kind of the idea behind a naked short.
These people have access to considerable resources. Never underestimate their ability to make things go poof.
As I said. Maybe it is wrong to assume this as being common beginner level knowledge.
I would think it's highly unnecessary to waste someone's time calling about easily understood and readily available information though.
This information can be and is widely used professionally. Just not as a daily indicator of shorts in anyway. I can see how the novice could mistake it as so. But a quick trip to the FINRA website would easily explain it, without bothering your nice friend.
All charting requires accurate information. If it is at all manipulated, it will not be reliable. Even indicators designed to address noise will be affected.
This is why it works well in more controlled markets.
Wouldn't put to much faith in charting this ticker. Far to much manipulation in OTC to have reliable charting on a consistent basis.
Mr Mayor, your game plan should never include assumptions. If you're going to flip, flip. Going to hold, hold. Makes no difference how you trade, if it's done right, you will profit.
Numbers wise, makes more sense if you were hold smaller size from trips to have sold at the high and then by back now. Would have doubled the position.
That strategy doesn't work when your position size equals the days volume...
FTD's don't show on short interest reports, if that is your question.
Everyone forgets OTC markets are not NASDAQ or the like. Even when rules are the same for both, OTC is inherently more relaxed. Hence the majority of manipulation occurring here.
I equate it to being a prosecutor in a crime dense district. You have prosecutable cases all over your desk but only enough resources to handle the worst of the worst. So those are the ones you use the resources on. The rest either slip by or get hand slaps.
It is the absolute reality of the situation.
Could very well be short interest here but FINRA report is not accurate to determine short interest. That report is derived from a rule that requires reporting but has many exceptions to it. It is also a lagging indicator, so is more accurate to say historical short interest, if anything.
Ironically, the entities that would hold some of the largest short interest in equities are exempt from reporting under the rule.
I will say at this point you would be nuts to short DBMM. Volume is so low, you could never get out if it turned against you.
That is true because of the rule regarding reporting. It cannot be 100% accurately reported.
It can be used as a guideline for short interest but is a lagging indicator and has many exceptions.
You may educate yourselves with the link below.
https://www.finra.org/filing-reporting/regulatory-filing-systems/short-interest/faq
Not sure what it's going to take for people here to understand how trading works.
DBMM is very thinly traded! The market you see is being made by MM's, not investors. If you had your scanner set for high volume, low float, gap up, DBMM would likely not show up. Even if it did, no real investor would get in, because with enough size to make it worth while, you could never get out if something went sideways.
Watch the lv2. Every time a large position started to get taken out, either way, lv2 started ghosting. 100k on the ask or bid would disappear. That is MM's or promoters or both.
You will know when significant trader volume comes in because most of that will stop.
So unless you want to hit the ask with 5 or 10 million shares to knock out some levels, I suggest you smoke'm if you got'm.
DBMM will move soon enough...
DBMM almost tapped .04 so not a bad day.
I am out. Enjoy the clown show until the am.