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260K buy @.0038 and ASK of 562K....yet again no reduction in the ASK size.
562-260 = 302. Still 562K Amazing!
Approaching the mid .003's fast.
Anyone watching the buy action @ .0039 and the ASK size not changing? More than enough volume to move it above .0039. Why is this not changing?
But notice how every sell is being deleted off the Bid!
What 'insider financial'? You had a legitimate financial come out and someone decided to 'start the ball rolling'. In less than 5 minutes it was @ .009.
Right Now you have 60 Mil already traded and it is down 20%. If you have 200Mil. more you will not be able to move this up against the MM's. There is now 6Mil. @ .0044. Who does that?
My gosh! Are you really telling me that no one else here can see this?
We have already touched the .0030's this morning... in less than 24 hours. Looks as though they are pushing hard to be down there again.
4.8 Mil on the ASK @ .0044. So who would not want this to go any higher? ONLY THOSE THAT ARE SHORT NOW. They need time to unload their position. Each tick down is BIG BUCKS. As one has posted... The company only diluted 25 Mil shares. Who was selling the others short?
I still stand by the .0065 area by the end of the week. If it does not close around there (below), they really took everyone for a ride. I hope you were not in the bathroom in the first half hour of yesterday to unload your shares. I hope none of you were buying from the .009 to .011 area.
So if we look at what happened yesterday, it took only 35 Mil shares and 5 minutes to reach .009 level. It peaked by 10AM where the MM's were definitely short in a large way by that time. It would be very interesting to know just how many shares and how much money they made yesterday.
As we still see that they are pushing very hard to the down side again today. If they were short hundreds of millions of shares from the .009 to .011 level, what kind of money do you think they are making in just a 24 hour period. Every tick lower makes them a boat load of money.
Does anyone think that someone like the SEC should look into all trades of yesterday to see if there was an collusion between the MM's.
Now who can blame the company an executives for dumping into something like that? If they were smart, they more than enough payed for their losses for the year and then some. Maybe even some bonuses for the executives.
The link is here: https://www.sec.gov/complaint/select.shtml
How great it would be if maybe a dozen or so of you asked them to look into the action of yesterday. They have been know to 'invalidate' trades because of 'price manipulation'.
OR... we can all sit here and complain about the company. Call it Dilution. Keep up the cheerleading squad. Cry in our coffee. etc.
Anyone want to talk about the wording of the complaints to the SEC?
It will close the week @ .0065 area IMO.
28K into 10K on ASK and it still sits there. Again.
Now they buy back 30K @ .0035 that they just sold @ .0036
More than enough volume to move this above .0036, BUT again no. Still 10K on ASK of .0036. Must be the company not wanting to get a better price for their shares! Yea... almost 1,000,000 shares on just 300+ K ASK
How long are you going to let them do this to you before you are going to notify the SEC.
This one is a no brainer to report.
We are seeing only 10K on the ASk @ .0041. Seems that there were enough volume to move it, but I was not paying that close of attention, I though there was only 99K left. Let us see if what happens. The last trade was @ 11:40:58 @ .0041. Is this 10K just a teaser? Will we see this move?
For those that watch the tech. aspect and even for those that do not. I wanted to point out that there is ONLY ONE positive thing that is left for this ticker from a technical standpoint. If this one goes by the way side then it is really going to be hard for anything really positive and long lasting to happen. The OS will overtake any SP that anyone here has invested in.
If you look at the 50 WEEK SMA you will see that it is still trending higher. That means that since the week of 8/3 of 2020 this has technically still been in an up trend and bottomed at that point which was @ .0045. Right now the 50 week SMA is @ .0065 and it closed only 5 weeks ago at that level which bought several more weeks of an uptrend. It will need to close there or above in the next few weeks to keep the up trend in tack.
Anyone looking for a light at the end of the tunnel? That is the only light left technically for this ticker. It could close there this week or next and all will still be fine and the uptrend still in tack. What this really means is that the REAL market value is .0065 in the MM's eyes. That can all change quickly though.
Just wanted to say that this kind of conversation is EXACTLY what is needed here. If there was a real discussion about the 10-K that just came out we would be doing something very positive. Also I think that 'we' should come up with pertinent questions that need to be answered by the company.
I am only about 45 minutes from their home office and I was considering going to go and meet with them. A list of pertinent questions would be nice.
Is there anyone here that is good at reading the Financials etc. that would be able to take the lead in the discussions... and willing to do so?
You are welcome. Good luck to you also.
https://www.sec.gov/complaint/select.shtml
Here is more:
Questions and Complaints
Report a possible securities fraud
NOTICE:
We strongly encourage the public (whistleblowers and non-whistleblowers) to submit any tips, complaints, and referrals (TCRs) using the SEC's online TCR system and complaint form at https://www.sec.gov/tcr. If you submit your TCR using the online TCR system, you will receive a notice confirming that your submission has been received successfully and providing the submission number for your records.
Ask a question or report a problem concerning your investments, your investment account or a financial professional
Learn about the whistleblower provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act
Submit a matter to the Ombudsman if you have a concern about the SEC or a self-regulatory organization (SRO) the SEC oversees, or if you have a question about securities law and policy that you would like to discuss confidentially
I am sorry that I do not have any information on this. If this is true then AGAIN, the SEC is the place to have this handled. If you have read the page(s) I have listed and others, you will see that the SEC has GREAT POWER.
'The Division obtains evidence of possible violations of the securities laws from many sources, including market surveillance activities, investor tips and complaints, other Divisions and Offices of the SEC, the self-regulatory organizations and other securities industry sources, and media reports.
All SEC investigations are conducted privately. Facts are developed to the fullest extent possible through informal inquiry, interviewing witnesses, examining brokerage records, reviewing trading data, and other methods. With a formal order of investigation, the Division's staff may compel witnesses by subpoena to testify and produce books, records, and other relevant documents. Following an investigation, SEC staff present their findings to the Commission for its review. The Commission can authorize the staff to file a case in federal court or bring an administrative action. In many cases, the Commission and the party charged decide to settle a matter without trial.'
If you believe there are some here that are in collusion with MM's, they have the power to see if there are any connections. Give them a chance.
I do not disagree. As I have said in the past 'I am fully loaded' from .0055 to .0046. I have confidence. BUT, my point is that the MM's are stealing my money and the company's money. How? Price suppression! Everyone that has any experience trading OTC KNOWS that the companies HAVE TO sell shares to operate. They are not 'in profits' yet. The only way they have raise funds is by selling shares. The problem is that if there was not any manipulation, then they would be selling LESS shares and selling them @ higher share prices. It would be less dilution.
We can all sit here everyday and 'cheerlead' as to how great the company IS GOING TO BE in the future and let the MM's steal our money. Or you we can monitor all the trades and 'report' (open an investigation) on all potentially illegal trades with the SEC.
I would much rather see some discussions on how we are to hold the MM's accountable and who contacted the SEC for which illegal trades. That would be a lot more productive than reading day after day the same things as to 'way undervalued', 'be patient', 'what a monster', etc.
You want them to 'back off'? Hold their feet to the fire with the SEC. Start being their eyes and ears. Do not stop at this one ticker either. All your investments should be monitored.
I will help with the wording for those that spot potentially illegal trades and want to contact the SEC.
Look here: https://www.sec.gov/enforce/how-investigations-work.html
--Manipulating the market prices of securities--
-- investor tips and complaints--
--All SEC investigations are conducted privately. Facts are developed to the fullest extent possible through informal inquiry, interviewing witnesses, examining brokerage records, reviewing trading data, and other methods. --
They should not be involved, but as an avenue for a free market to flow. It has been my experience that they do not give up. They will let it go up just enough to take your money at a higher price and when the 'buying pressure' is off, they will quickly move it lower so they are in profits from selling all those shares.
Example: Anyone that uses trendlines and other 'tech. indicators' such as the SMA's would know that there was a 'ceiling' @ .0069 in the last rally last month. They let the public 'try to push' it above that level 3 different times. They blocked all tries to even get .0001 above that. Then it went from the high .0060's to the mid to low .0050's in less than a day.
They have unlimited money backed by Big Banks and they have 3 days to settle the trades...often more than that. They have the best washing machines in the world to wash all those trades.
The next trick is now being played where they allowed the ASK to rise, but filled ALL the BID @ .0043 so that there is no more BID @ .0043 it is back @ .0042. So a minute or two before the top of the hour only 100 traded @ .0042 will finish the 60 min. SMA @ .0042. If that does not happen they are able to start or finish the next time frame @ .0042.
The SEC can investigate and see if there is a pattern and collusion to keep the SP suppressed. It just take a constant effort to alert them of all that is being done.
Starting @ 12:36:15 we had more than enough shares traded to move the .0043,but we see that there is still 28,939 on the ASK. Come just 2 minutes later and SOMEONE just has to get rid of that 10K @ .0042 a whopping $42. I must call the company and tell them to STOP ALL THIS DUMPING...yes $42. Or was it one of you here after you saw the 10-K? Yea, that was it.
Does someone want to try and move that 28,939 by putting in a 30K or 50K hit on the ASK and see if it moves?
.0044 ASK of only 10K. trades over 150K just happened and did not move. Actually just went down to .0043. Go figure. probably the company again though. This one is enough to open an investigation...or you can log it and add to it before you get the SEC involved. Or you can just sit there and take it!
Closing the 60 min @.0046 was still below the 50 SMA for the 60 time frame, but 'neutral' for the 30. BUT now we see that they have lowered the ASK to .0045 again for another 10K.
Was that one of you here that is trying to get that BIG $45 and you just wont hit that for the whopping amount of $44.
Come on now you can get it filled NOW @ .0044...you better jump on that!
Wait... this could be the company trying to dilute again.
11:26:39 11K trade @ ASK of .0045 with only 10K on ASK. It should have moved to next ASK higher and did not. At least they did let the 30 min. SMA close @ the 50 SMA and not below. Wait and see how they deal with the 60 min. at top of hour.
They now have removed the 10K @ .0045. So they were not going to let it close above the 50SMA. You can now open above it @ .0046, but I doubt that they will let it close there. We will see. But, IF they were neutral and IF they were not manipulating the price, the 10K @ .0045 should have been gone so that ANY trade would have closed the 30 min SMA above the 50...which would have at least been neutral if not breaking the downtrend. Minor infraction that would not hold water IMO.
The next 30 min has opened and yes it is below the 50SMA @ .0044. They did not allow that to stay there long.
Anybody here book that $8.72 massive sell @ .0044?
There was just a trade that registered @ .0044 for 75K. I was wondering if it was anyone here that put their order in? How does a trade happen @ .0044 when the BID is 43 and ASK is 45? If it was a buy then the MM's could say 'who would complain that the were filled at a better price'?
@ 15:05 after all those trades it ends up @.0043. That is below ALL (5, 10, 20, and 50 SMA's for the 30 min. time frame.
Now they have moved the ASK down to .0044 after almost all the .0045 are gone. 50k @ .0044 that is all of $220. Anyone think this 'the company' doing this?
This post is for informational purposes only. This might help people see what is going on. People say that 'the company is diluting...that is why it is going down'. If you look at the last trades, they made sure to trade them before the bottom of the hour. The closing of the half hour @.0044 made sure that it closed @ or beneath the 5, 10, 20 and 50 SMA for the half hour time frame. SMA's still continuing down without a hitch.
There is NO WAY this has anything to do with the company 'diluting'. What $440? But, when it does come time for them to 'buy' an asset, they will have to sell more share to the party to make the same value for the transaction. Since the MM's are almost ALWAYS SHORT, this plays right into their hands.
Also you might want to notice that just about the same number of shares that just traded were put on the ASK side. So if they were the ones 'washing trades', then they now have a profit from .0044/.0045 to .0047. They can never lose any money...especially if there are other MM's 'helping each other'.
ONLY the SEC can request all the information of all the trades and see if their was collusion.
I doubt it. I do not think that 1.5m on the BID is anyone here. If I had to take a guess it would be the MM's 'washing trades' from the past couple of days. There will come up in a matter of time and you will see if it is able to 'flow freely'. When there is a low number on the ASK and enough shares are traded that should move it and it does not... they keep 10k or so on the ASK, that is a tale tell sign that these are wash trades and they do not want it to go higher. You really can tell when they then reduce the ASK price down a notch or 2. That is only done to keep the SMA's going in the down direction. Give them enough time and they will show their hand and possible have to do 'illegal' trades to keep it up. That would then be the time to 'notify Big Brother' and have them look into it. If you can string several of these 'illegal trades' together, then you have a pattern that is easy for them (SEC) to see.
I do not know why people do not use the 'police' more often. The MM'S are STEALING YOUR MONEY and the Companies money when they should be completely neutral.
Who does a trade of 1001 @ .00445 for $4.50? It must be the company dumping! What do you think? But, still not illegal YET. It will come soon though.
Sec could care less so the bullshit continues.
That is not true. You have to identify EVERY 'illegal' trade and 'report it to them'. They have an obligation to investigate. They are not the bad guy. They just can not monitor every trade. It has to be brought to their attention. They just can not oversee all trades of all securities especially the OTC. You must open a case for them to look into!
An investment of 125 shares @ .00449 ($.54).
YEA, that must be the company 'diluting'. You believe that?
How does the buy of 346,425 not change the ASK?
Close to being suspicious, BUT still within the 'justifiable range'. It can not continue that way for long though.
I have loaded all that I am. I know the value of what they are doing. If you go to the 'norm' it is 10 to 12 x earnings that the stock price should be. I am not going to invest anything else. All my shares are from .0055 to .0046.
This company travels from city to city putting on 'profitable' events. They have a place to go; they have a permission from the local authorities; they move all their equipment to that location; procure an event with willing participants; and sell the rights to allow others to views these events. The only thing that is missing is a major sponsor or two and a scale that is larger than it is. Do not even mention that the gyms they have acquired will produce substantial income. The problem is that in order to continue acquire gyms, they MUST sell at these deflated prices.
SM
I wish you all the best. But, I do not have the time in my day to do this. Who has the time to keep posting on something they are not even interested in.
But, for this time... why would the company EVER sell shares for $15 that would the reduce the value of there multi millions of shares. This is exactly what I am talking about. I am done here speaking this non sense with you. BUT for those that do want to take an active approach to stopping the manipulation, I will for a short time point out 'potential illegal trades'.
Scoutmaster
The company is not selling these shares! The MM's are buying back their shorts. When the company is selling shares it will be at 'big blocks' not at 3500 ($15) trades. BUT it is causing them to sell them at these 'deflated' prices when they do sell.
You are one of the ones that has nothing to add here.
So who trades 3500 share @ 11:27:17. If you have the SMA's up you will know that it keep the SMA's moving down under the 1, 5, 10, and 50. Also keeps the 20 still pointing down. BUT there is nothing 'manipulated' in this one that you can 'report'. Nothing illegal.
DO YOU WANT TO STOP THIS?
I have not posted here in quite a while, because it was taking up way too much of my time. BUT, I get tired of hearing such nonsense from posters that have no idea what is going on or they do not post it and the solution to it.
There is soo much talk about 'the company' selling shares and manipulating the market, but that is just not true. The MM's are the ones that are doing all the manipulating of stock prices.
You want to stop this then you need to know what to look for and then contact the SEC for EVERY price manipulation. I used to spend my time 'writing complaints' to the SEC. It would work for a while and they would stop (the MM's). You will never know what the outcome is from the complaint, but the SEC WILL INVESTIGATE EVERY complaint. Do not waist their time though. You must know what to look for. Examples: small trades at certain prices at the top and bottom of the hours along with 'closing prices'. You must watch the 5, 10, 20, and 50 'Simple Moving Averages' (SMA). These trades will happen close to these times to keep the SMA's moving in the down direction. There will be a sell trade(s) around this time and then you will see 'wash trades' around the same time frame UNDER or AT the trade prices...etc. Just like you can not 'fight the FED' you can not 'fight the MM's'. They have unlimited money and are backed by the major banks. BUT, you can have the SEC review ALL the 'suspicious trades'. They will request the 'who's and what's of each of the trades that are 'flagged to them' (complaint). After a while they will STOP this BS because they get tired of having to 'answer to the SEC'. It is just easier to move on to another.
I have seen DOZENS of these trades in the past couple of weeks in this stock alone. I just do not contact the SEC anymore since it was taking up too much of my time.
If any are interested I will post 'suspicious trades' here for a little while so you can see what I am talking about. You let me know if you are interested.
But, I am sooooo sick of hearing about the 'company is diluting'. NO SH-T! That is what penny stocks do to raise money. BUT, it is the MM's that make them do it at lower levels instead of 'at market price' and make the dilute at a higher rate.
Put this link into your favorites: https://www.investor.gov/introduction-investing/investing-basics/glossary/market-manipulation
Pay special attention to: 'Rigging quotes, prices, or trades to make it look like there is more or less demand for a security than is the case.'
Ever seen 10k on the sell side and you see buys that come into it of over 10 times that amount and it never moves? Yes, 'rigged quotes'. The MM's should be neutral, but they are not.
In the past couple of weeks you have seen the there has been millions of share traded in the .006's. Who do you think 'sold' those shares? Not the company! It was the MM's that were then 'short'. They DO NOT loose money!
If you keep the pressure up, they will move on to others that are not 'policed by the neighbor watch'. The SEC's job is to make sure they are not manipulating things. They will investigate all claims, BUT you need to make sure they are breaking the rules.
Here is where you will submit ALL claims of possible fraud from the MM's.
https://www.sec.gov/tcr
If any are interested I will help identify some of the trades that should be flagged to the SEC. But, I will not spend much time in doing this.
Those that keep posting 'Company Dilution'... please stop. You just have no clue!
Best of Luck... you are going to need it for taking on the MM's. Eventually they will move on because they get tired of answering to the SEC.
ScoutMaster
Did you get your post card from Purley Smoked Foods, Inc.?
I received one yesterday requesting a response email detailing my stock position in SMKY.
I do not know what is going on, but I think they might be issuing stock in the new company to shareholders of SMKY.
Glad to see that things are happening there. I think this one has had big potential for several years now. Look forward to good things to come in the near future.
SM
For all those invested in BTDG and those looking to invest...
Chart formations are not left up to the public. You only have to trade for a short amount of time to know that the markets are highly manipulated.
As we saw this morning there was removing of Bids and Asks to spike certain levels at certain times.
The charts tell a story and having 'eyes to see' and 'ears to hear' tell a lot.
Good luck in your trades all those that are invested in this one.
SM
For all those that are invested in BTDG or are watching in order to enter an investment...
IMO... The action this morning was not dumping...only 3mil. If you are watching the time and sales you would see that there was 7 mil. on the Bid. The MM's moved their Bids off and only left the 3 mil. to be taken down. I believe this was Retail and not the MM's. They had a discussion and removed theirs before they filled the 3 mil.
I think this is only to 'manage the charts' especially because it is a weekly close.
Who else would sell only 100 shares to put the 2's on the chart?
In the last few minutes, you saw the .0003's disappear so they could spike the .0004's...then the .0003 put back on. IMO, the 8 mil. is the MM's and the MM's only. If it was not they could not have removed a 'retail' order without violating ethics... if they really have any.
They bought 10k to spike the hourly chart before the hour close.
They will not let this finish above .0003 for the day/week though.
This tells me that the .0003's are a good buy for the near future.
Of course, this is all just my opinion only.
SM
Next stop ... .0007 on or about 03/03. Could be as high as .0009. These are closing prices.
Only my opinion though.
SM
A weekly close @.0004 or above would be a great finish to the week. A weekly close @ .0003 would still be positive. A weekly close @ .0002 is still OK, only if next week we close @ .0003 or above.
IMO, the recent action is by the MM's to 'manage the charts' and to 'square their positions'. On a daily close, yesterdays close is positive only with a rebound to .0003 or .0004 today or early next week. Several closes @ .0002 or lower would wipe out the positive action on the charts over the past couple of months.
Just my opinions though.
SM
Is the paint done drying YET?
Now the SMA's moved up a bit...and now we know what the MM's would do. They slightly 'capped' the run @ .0014 by putting 125K on the ASK. I see that more was added, but it was not the MM's that they allowed to be sold...it was retail the was placed on top.
Good action for the long term IMO.
SM