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"WHEN I GET BACK IN US SOON I AM PLANNING TO ADD OVER 100 MILLION SHARES IF WE STAY AT THESE PRICES"
Kind of meaningless to say this since it couldn't possibly stay at these prices if someone bought over 100M shares...
How do you mean that they are being played without realizing it?
American Bulls uses candlesticking to make their calls. I do not see that being a useful tool in this situation when a few $1000 worth of stock either way will trigger their indicator to issue a buy or sell...
Do you really think that he would have filed prior to the shareholder vote?
I would also like to hear an explanation for how large price swings UPWARD on low volume are explained in the context of the alleged large NSS position and the MM manipulation theory?
"but this just took EXPH down a few notches in my book!"
After further thought about it, I take back this statement. There is no reason for me to believe that this poster was not posting independently of Expo when posting this, and thus it would not reflect poorly upon Expo or EXPH.
So you posted all this time and never disclosed your relationship with the company? Frankly, that really sux! Do you realize how bad that looks? I do not expect an answer, but as an investor, I am HIGHLY disappointed to hear this! Additionally, I am fully aware that you have threatened board posters here. I'm normally silent on such issues, but this just took EXPH down a few notches in my book!"
"what can we do about that?"
Well besides being inaccurate, it is also really off topic.
If I made 10 posts a day speculating on how the amount of rainfall on Expo headquarters each day influenced the shareprice... wouldn't that be considered OT by everyone else even though I think that I am discussing EXPH?
You have to draw the line someplace.
"hmmm so who is *manipulating*
exph's tape .. today .. hmmmm "
Apparently no one is... as usual...
The real question here is which is the spider and which is the fly?
I suspect both view themselves as the spider...
"I believe this reason to be because a website is not a tool to provide information, any marketing expert knows that a website, advertisement et cetera is designed to generate action."
I've seen many websites that have a button for <Investors> on the home page that links to financial info, CCs, news releases, etc.
Good post. I also feel that that would be very reassuring to shareholders.
"so imo there is a little bit *more* there
but it's been quite .. *ahem* educational
observing all of this in *real time*"
But wait... you said it was NITE the evil mothership doing it...
So was it a retail trader using NITE or the mothership?
And what happens to your assertion of a huge naked short position?
How would your securities lawyer explain this development?
"MM's don't do anything.. that is message board urban legend.."
No shiny hat for you Chad! :) Thanks for the demo!
.0022 x .003 B/A... OUCH!
Someone tell me again how NITE leaving is good?
So where does this leave your theory on the HUGE naked short position held by NITE? Wouldn't this be the exact opposite thing to do if they were naked short?
Additionally, I'd expect the bid/ask spread to widen shortly. Now THAT will suck!
No way I could see it being good for shareholders... daily volume will drop like 80%! Shares will be far less liquid.
I can't see any positive angle to them pulling out... well other than the busting of a myth that they have been manipulating shares.
I guess this goes back to the old saying: "be careful what you wish for"...
No more Mothership? What will some do with all their free time?
Anyone looking at the webcam today?
Where in the factory is that pointed?
Looks like the lights are out now, and the camera is still on. Was it like that all day?
"again .. *very* confident about
what is coming"
I think you lost most of us there... what is coming that you are referring to?
That was you? That was the origin of many posts of paranoia!
Must be quite embarrassing for those the read those as signals!
I have noticed the exact same thing repeated on many boards on many sites.
I can only believe that it stems from basic inexperience in the markets. The same MM conspiracy posters will conveniently ignore the fact that the same stocks move UP in the exact same "mysterious" trading patterns... However, one should notice that the boards are only full of complaints when stocks are moving down!
Live by the sword, die by the sword...
Weren't they using a better quality webcam at one point?
"i'm just happy etc will never
be subject TO THEIR SLIME"
How do you figure that? The intent is to take Etc public, which will put them right back at the mercy of flippers and MMs...
"think of the obvious here .. until exph/etc can afford
the cost of a *legit* ir firm"
I do not believe that they need a "legit IR firm" at this stage. They need a friendly honest individual that will talk to/email answers to investor's questions/concerns other than the CEO. This is not, and should not, be a CEO's role beyond the original startup phase and in the case of seeking further venture capital from large investors.
The position can be filled by a $20k/yr part time person just fine.
That said... (3 is a record, I believe).
I've thought of doing the same thing, 100 free trades too!
Try to get an answer from Etrade on whether on not they can guarantee that they won't do the same thing with EXPH. Many switched from ST to TDA only to get cut off again.
"if the crooked sobs who collude and
manipulate on a daily basis have to
deal with reality .. so be it
today .. next week or end of january "
So your belief is that no squeeze has occured because the dividend date will be later than 1/1/10 (maybe end of January)?
So if the dividend comes and goes without a short squeeze, would that mean the NSS myth has been busted?
As a long, I really hope that a huge naked position exists... I just see no evidence of it. And if there is no NSS position, what does that say about a lack of motivation for the mothership to be/have been manipulating EXPH shares?
Today is the last chance for shorts to cover prior to the 1/1/10 dividend date target announced by JD. Why is there no squeeze?
Discussions on this board forever have centered around a large Naked Short position being held by a certain MM and how this has caused the decline in the shareprice. With the dividend hours away and no short squeeze materializing... wouldn't it be prudent to call this myth BUSTED?
Well thank you for the kind comments and wishes Vance...
Happy New Year to you too!
"How about to give the appearance of a lot of selling."
I explained that. No need to do that... it would appear to be tax loss selling which will not raise eyebrows or scare investors. Besides... the volume is piddly!
"How about to manipulate the PPS down when there are zero sellers."
Again... how does this work? Please explain how a wash sale could be used to move the price down? I don't see anyway that it can. If it was the MMs doing it, they could just drop the bid and ask with no shares even trading. If it is an individual(s) how exactly would that cause the MMs to drop the price?
"It was reported today to the SEC"
Thanks for wasting taxpayer dollars because you don't understand what you are seeing.
So are you going to enlighten us all on how these "wash sales" are used to drive down the shareprice? It certainly doesn't make any sense to me, and I can't see why someone would be breaking the law to accomplish nothing...
"It is amazing how wash trading( illegal) passes as norm."
You are very quick to make this accusation with no evidence to back it up. One simply can not identify a wash sale by reading the tape.
What one would have to ask themselves is what would be the motive to do so? Who would profit from showing an increase in volume of EXPH? A wash trade has no actually effect on supply and demand, and thus "should" have no effect on the shareprice. There are 4 reasons that I am aware of why wash sales are/were done:
First, to increase the trading volume and make an illiquid stock appear to be far more liquid than it is. This would be used to attract investors into an equity that they would otherwise take a pass on. EXPH has plenty of volume, and this can be ruled out.
Second, it has also been used in conjunction with stock promotion as in "huge volume... must be big news coming". I guess the alternative is possible "Look at all the selling... bad news must be coming". Although that would seem silly during the final week of the year when selling would be expected and explained by tax selling.
Third, when a company (or individual) needs to sell restricted shares, they can only do so up to the greater of 1% of the outstanding common, or of the reported weekly trading volume during the four weeks preceding the filing of a notice of sale on Form 144. i.e. if you have more than 1% to sell... you need to kick the volume up. JD has stated that no insider has sold or will be selling for the foreseeable future.
Fourth, by investors who don't know any better and think they can take the tax loss (they can't).
Please explain to the board exactly why you believe wash sales are occurring, what is gained by it, and by whom?
"i know of 2 bids (not large by anyone's
standards ~ 20k and 10k in size) that
were at the ask (.004) that weren't filled"
Not saying that you were misinformed... but why would these people try to buy at $.004 in the final minutes when they could have bought for $.0035 nearly all day?
"and yet as a private entity (etc) isn't subjected
to the bs that expo has been since i first
looked at l2 on it well over 1.5 years ago"
But with EXPH valued at ~95% of the investment here after a dividend, why get excited over 5% that won't be subject to the continued influence of the Mothership?
And if the objective is to bring Etc public in a few years, what prevents a similar result then?
Your argument is illogical.
Yes, a full day of trading...
Can't understand why YOUR specific Google didn't show you that on page 3, but your hit quantity is absurd... by an order of magnitude!
I liked this one on page 3 of the Google search:
Berean, your first (and largest company) link to a business partner... filed for Chapter 11 bankruptcy protection on June 9, 2009...
Have you done any DD?
All the rest are just snapshots of the 66 pages on previous days...
Just stick to the facts please. Hype is my enemy.