fear God and keep His commandments
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the ONLY reason i see that the mm's have been destroying this stock this month is because there are probably at least another billion-plus shares out there that are not covered. hedge fund most likely.
as i stated yesterday the mm's were holding it down. 664 million shares traded & it struggled to maintain a 30% uptick. Like pulling teeth to get it to move.
BUT THEY HAD NO PROBLEM dropping it 80% before 1 trade on April 5.
These mm's DO NOT play anything close to fair.
these mm's are adversaries, not neutral 3rd parties here.
525 million traded & mm's still barely letting this breathe. Not cool at all. Should be at least low .03's right now.
yep they are still tryin to hold it down. stingy going up, but they gladly drop it 80% without a shot being fired before.
it's called investment. Very smart investment. Oil exploration is ALL ABOUT FINANCIAL OUTLAY on the front end. HUGE HUGE payoffs are coming.
Your childish economics are selectively ignorant.
don't you have somewhere to be?
Life is hard enough without having to deal with people who spin half-truths, which are technically then lies.
what made you think that, ben? chart?
Absolutely robbed.
makes sense to me and would agree.
10's of millions of dollars, potentially hundreds of millions on the table, will cause behaviors that are, inappropriate.
oh sure, yes of course, supply and demand.
uh, no.
SEC market maker ethics and rules were not followed, as if "any market" the mm's want to make is ok. It isn't. it is illegal to engage in wire fraud.
market makers are supposed to facilitate the marketplace's actions and reactions of buying & selling, not LEAD the moves.
I would bet we had hedge funds and market makers needing billions of eeenf shares cheap. They needed to stop EEENF dead in its tracks. EEENF had been trending upwards for weeks, had hit .094 i believe and pulled back some to .084, and then...
the PR that 88 Energy put out was not bad at all, just a glitch in operations, a delay. But that april 5 PR did not warrant the wiping out of weeks of slow climbing to .09 and billions and billions of shares traded.
i believe that the market makers needed to take this down immediately to foment the selling of many shares, as hundreds of millions of dollars would have been lost had eeenf continued to climb towards .25 and .50 cents.
the fact is is that most did not panic sell that day but the stock was pariah'd and many people left given the volatility that they intentionally created.
CEO might have to take some level of immediate action against the hedge-fund shorter agenda (and market maker manipulation) not unlike what the W D L F CEO has done. This is a false market being 'made' here. Just like the criminal act of April 6 where many many people DID NOT and WOULD not sell, because this was not some pump & dump shell company scam.
This has gone on long enough.
yes and WHY would contractors take EEENF shares INSTEAD of cash? Who would do that? People who can SEE this as MASSIVELY UNDERVALUED would do that.
This is a screaming buy and will continue to spread as one of the greatest, cheapest OTC buying opportunities in years. The "drilling" season does not even matter that much. The story, the assets, the permits & leases, the international interest of financiers & investors don't care as much about that as one might think. Because of what already has been proven.
in fact, the SPECULATION of what could be, is more powerful right now.
and of course, there is the looming PPS TIDAL WAVE of a buyout announcement.
EEENF Being on MULTIPLE INTERNATIONAL Exchanges is a huge HUGE help for us and a huge bulwark against the FILTHY American-based Market makers & banks that destroy OTC companies in the United States. We have the accountability of the London and Australian and Frankfurt Exchanges - which is HUGE. This will easily go to a dollar. Easily.-plus
EEENFis right now one of the only legit OTC opportunities out there. There is a sea of red out there. The MM's are still being hit by this new SEC rule, it went into effect last week but there is some grace period probably to square their books.
but one of the saving graces here is that we are on multiple international exchanges.
mm's letting the line out a little but blocking it at .0179? this is so tightly controlled by this filth. this is SO not about supply & demand.
i agree. Sunday evening could be important, before ASX open.
and let's not forget, it could be even more.
and can you believe it is sitting at .0147?
appreciate it but it is too conventional thinking and there are far far too many unknowns here. buyout does not have to be a big name either. this is a perfect time for a buyout & restructuring. and manipulation here has been rampant, and for what? why?
this had just hit .09 plus, and then plug pulled.
Beau Knows biscuits. We are close to a major revaluation. Lightning strike incoming, bro.
imho
with all the Investment by this company JUST in Q1, the leases, permits, results of oil & LNG, etc, this is price drop has been largely an orchestration that is disconnected from reality. the drop on april 6 was all but illegal, you would never see that on the nasdaq or nyse to a similar oil company. This stock could easily be a 2.00 Nasdaq stock and nobody would even question it being at that level. They would even call it undervalued with "massive potential" - but we are conditioned to such sick manipulation in our microcap markets until we nod our heads in approval in their unethical stupidities that are ongoing.
that said, this will NOT be stopped heading back up. look at some of the companies that are priced higher than eeenf, some ridiculous overpriced companies. and we are sitting on potentially BILLIONS in OIL and LNG?
BUyout is almost slam dunk, but the sh*tbags who "make markets" here have their own agenda because their money is all important.
still getting strong volume for a cellar-boxing mm match. it WILL end soon.
David Wall is about to exit eeenf and that is no coincidence. he does not want to join a new company as he is sitting on a ton of eeenf shares.
EEENF is the best OTC stock investment out there imho right now. the CASH on hand is huge, the leases, the permits, their positions, representation, the OIL reserves that are potentially enormous. American, London, Australian markets. this at any moment is going to skyrocket and I mean it. this is a great opportunity right now.
ok but i do believe that the short players within the hedge funds and the market makers (and including Ihub) do have their trolls dispersed throughout various boards to incite fear, doubt, & uncertainty. they might appear to be those who want the price to go down to get in lower, but more so are short interests attacking the stock to get price down.
I don't know if you were here for this .084 (or so) to .018 GAP DOWN DROP on April 6 but it was criminal. It was unprecedented theft. It was far outside the charter of any market maker. I have never seen such brazen theft and gall. and people are like, yawn ho-hum, just move on. It was criminal. I realize we are past it but it should be investigated.
clearly there are agendas here that are not retail at all. Perhaps even BUYOUT parties doing their thing to bring price down for an offer. Frankly, EEENF has not done well at at least enunciating to their shareholders that they are AWARE the PPS is being manipulated hard.
we are not talking about retail investors. the market makers and hedge funds short otc stocks galore. that is your problem and foe. they are greedy stupid scum.
boom
alright. let's go. enough of this mm covering hold-down. time to fill the gap at .084 and revalue this properly. sheesh.
there is no question this is going to surge big at any moment. CEO is doing very well.
worry not, too much good stuff happening here. short interests just getting their books a little more squared. this is an aberration.
what a corrupt, stupid market. VPER CEO needs to think outside the box here.
weird how slow this board has become.
what on earth is this red for, and why are we not at .10 after that PR last week. this is idiotic. CEO needs to take this head on and publicly, TODAY. stop "hoping" the mms will be kind and let this go up.
what's going on here.
aren't you the classy one
do we have any clue on when we might get a news update?
tia
very underwhelming day.
VPER storm surge warning.
about to turn up. NORTH.