is...retired
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The SEC isn't police. And, unless you have proof of actual wrongdoing, you would never get them to even look at it. No one twisted your arm to buy worthless stocks of the riskiest kind. Why do you think the word 'risk' exists?
The correct answer is that there is no way to know. OTC charts are meaningless, because you can't look at past stock prices to determine what will happen. The best that we can do is take advantage of dips to buy and peaks to sell. There is a way to make money, but it's not by looking at past stock prices. It's by paying attention. Vegas loves system players. They always lose. Charters in OTC always lose too, because it is not a coin flip, it is believing in a system that doesn't exist. You will make bad decisions based on your belief, but OTC is not reliable enough to work.
If you want to chart, go to NYSE, where real companies make real products and report real profits. NSAV makes nothing, and earns nothing.
It means MM's offer better prices than brokerages. And that is because a brokerage is a single entity, while there is a pool of MM's any one of which might execute your trade. There is far more competition between MM's.
All trades are accomplished through market makers. There are dozens of market makers. A brokerage, such as etrade, accepts your order and passes it to the pool of market makers. The market makers don't know your name - they only see the order to buy or sell.
The market maker quotes a spread. The spread indicates at which price they will buy shares, and at which price they will sell them. But there is also a quantity for each, often shown as 1000x2000, meaning they will buy 1000 at that price or sell 2000 at that price. The reason the quantities are different is because they either have excess inventory and want to sell more than buy, or the opposite.
What you see on L2 is those quantities as tranches. If someone is selling 100K shares, it may take 100 tranches. You will see 100 sells, but that is only one person selling those 100K shares. After each tranche, the MM may change its spread. It could simply change the quantity so as to make fewer individual tranches or it could change the spread amounts. Computers figure out what is best for the MM and alter the spread as needed to provide the most profit to the MM.
MM's are not permitted to operate outside of their posted spread, and they are required to take the trade if within their spread.
The share price is never adjusted. That would be illegal. The share price is what people will pay for it. Period. The market cap is the share price times the number of shares out. Period.
You keep saying 'when IT is at the bid' There is no IT. There are many spreads, and any MM can jump on any trade that meets THEIR spread. Etrade lists one spread. Each broker lists one spread. But those are not the only spreads, you can even look them up on the OTC site and see each mm's spread.
Except for market orders, MM's can only process a certain number of shares at a time. But then they can repeat that as many times as they want if it remains within the spread.
There are no people running MMs in this market. So, no computers setting up codes to buy or sell. All they have to do is adjust their spread. Besides, computers can talk to each other without sending signals to the public. Good god!
The 500 share tranches are simply partial trades. As we all know mm spreads also have a quantity. They are only required to trade that quantity before they can adjust the spread. If you look carefully, you should see the price paid shift slightly after each tranche.
There is no way for you to know which MM took which tranch of your order. But one thing is for certain - the spread is the law. MM's are not allowed to buy or sell outside their spreads. They can change their spreads, and they do. But remember, it is not people, it is computers only. It is a mathematical program that adjusts spreads as needed to do business. So, NO YOU NEVER GET SHARES 'AT THE BID'. You get them at the offer of ONE or more of the MM's.
No, that is not true. MM's MUST buy if someone wants to sell and they meet the bid. By law. And if you bid to buy stock, you won't get it at anyone's bid. You will get it at SOME MM's offer. Every MM has a different spread. If you are getting shares, they are at SOME MM's offer.
You are talking as if there is only one bid and one offer. Could not be further from the truth.
You did NOT buy any shares at any MM's bid. You bought it at ONE MM's offer.
That doesn't make sense. There isn't just one MM spread.
When you buy, there are many MM's that can sell to you. They don't all have the same spread. So, when you offer to buy shares, it is within the ask of at least one MM if you get them at that price.
In other words, you say what you will pay for them, and if any MM has a spread that includes that price, your order will fill, at least partly.
There is no market maker manipulation. The OTC market is automated, run by computers not people. The MM's buy any shares that fall into their bid spread, and they sell any that fall into their sell spread. They HAVE TO.
They only have to honor the amount of shares listed with their spread. They can change the spread any time they want, but they can't manipulate the price - all trades are recorded electronically, so there is a continuous audit trail. No multimillion dollar company is going to try to eke out a few dollars illegally, risking their whole company. And, as I said, there are no people fulfilling trades.
Each MM has their own spread, and they can make it as wide as they want, eliminating trades they don't want to fulfill...unless buyers/sellers buy/sell at market, at which point, MM's spread will instantly go the direction that is most profitable for them, for EACH TRANCH, which is the amount of shares listed in the spread.
Right. JT left the company over 2 years ago.
This is the press release about the spinoff and shares to NSAV shareholders. Found in messages in this forum...
NSAV Announces Record Date for Shareholder Dividend From Hemp Beer Spin Off
CRESCO, PA -- (Marketwired) -- 08/03/17 -- NSAV Holding, Inc. (OTC: NSAV), today announced a record date of August 22, 2017, for the spin-off of its Hemp Beer Inc. subsidiary, which then will become a separate publicly traded company. The Company will spin-off 20% of Hemp Beer Inc. to its shareholders, who will be awarded with a share dividend based upon their holdings of NSAV on the record date. Shareholders will receive approximately one share of Hemp Beer Inc. common stock for every 17 shares of NSAV common stock that they hold on the record date. The dividend will be payable on or around September 5, 2017.
James Tilton, president of NSAV, stated, "The Hemp Beer spin-off caps off a truly monumental week in the annals of NSAV. With our financial statements near completion and the launch the lifesaving cardiology program, http://www.heartrescue.net, I can't think of a better time to be an NSAV shareholder or its CEO.
Funny that you would bring that up...
The reason I have so many shares is because of JT's spinoff attempt with Tiger Hemp Beer. He stated that it would be spun off, and that we'd get one share of Hemp Beer for each 17 shares of NSAV that we held. Well, I had just cashed in on one of my investments and had an extra $100K hanging around. So, I bought tons of NSAV so that I would be able to get many shares of Hemp Beer. It all sounded like a viable plan, and I bought into it big time. It was to be a wholly owned subsidiary.
The only problem is that he didn't follow through. He got into trademark problems with existing beer labels, and China told him he couldn't use the word 'hemp' in the label. He attempted to get a brewery started in China, then later in the US. Couldn't pull that off either.
So, here I sat with tons of NSAV as I watched it drop to quad zero. Yes, under 0.0001 for months. He quit filing and was nearly dropped to caveat emptor. I think all my shares were worth only about $3000 at one time.
Then came 2021. "Something" goosed NSAV share price from the basement to the attic. I unloaded at least half of my shares, paid off all debt, bought dividend shares that pay ($5000) monthly, and put a lot of cash in savings. But I still have 150M shares of NSAV.
It would be good if NSAV were to give us shares in this new company based on our NSAV holdings. But they said IPO, which is not the same thing. That is a PUBLIC OFFERING, in which investors buy shares to fund the company. At present, NSAV has no money and the new company would have no money without investors buying shares.
Time will tell. At this point, the talk of an IPO is absolutely nothing more than a pump that isn't working.
For those that don't believe this story, it can all be read by looking back at the posts in this very message board. I think the spinoff was mentioned later in 2017...I could probably figure it out by looking at when I bought the largest amounts of shares. Or just search for 'beer' in these messages.
If it goes public, shares will have to be purchased. You can't just 'assume' shares in an IPO. Been there, done that. Again, the idea makes no sense.
Why would NSAV be a majority shareholder? NSAV has no money with which to buy shares. A public company is funded with cash from the public. This whole idea makes no sense.
Why don't you read the fins and find out what they do? SMH!!!
There are actually two choices - the reverse split, and expanding the AS. There is a provision in the NSAV incorporation articles to not reverse split, but that can be changed as easily as it was put in. The same people are responsible for all changes.
Ok, I didn't do the math because I didn't look at the price when I said it. But I have over 150M shares remaining. I sold half in the spike 2 years ago. I would have sold more, but it dropped too fast.
You forget that NSAV is a holding company. They don't have a product. they don't sell anything. The only time NSAV gets a penny is when one of their holdings makes a profit, and then only a share of that profit. This whole issue is totally misunderstood. NSAV DOESN''T MAKE ANYTHING. IT DOESN'T SELL ANYTHING. IT HAS NO PRODUCTS. IT NEVER WILL. A HOLDING COMPANY HOLDS A PERCENTAGE OF OTHER COMPANIES. IF THEY MAKE NO PROFIT, THE HOLDING COMPANY MAKES NO MONEY.
All of these announcements rely on a separate (probably private, so you can't see their fins) company to produce the goods, and MAKE A PROFIT DOING IT. Without that, NSAV will never see a penny.
I'm fortunate. I had 200+M shares when it spiked, and took advantage of it. I still control over 150M shares. It doesn't matter what happens to those - but they are currently worth over $1M. I sell on spikes, but can't hurt the price, so I can't sell many at a time. It might take forever to get rid of these shares.
It doesn't mean anything. It is MM's doing tranches. I once got a million shares as 999,999 and 1. They have their spreads and they have a quantity to go with that spread. They will only buy/sell that quantity before resetting the spread, if they plan to.
Most shareholders are in the red on NSAV. Literally billions of shares. You can expect them to dump shares to get out of their losses as the price rises. That will slow the price rise significantly.
I've had it long enough to have 500K 'dividends'. That was given out in June, 2017...
But they are not registered, and restricted, so they just sit there until NSAV wants to do something about uplisting - then they will HAVE to fix that problem and register all shares with the DTC.
Nobody in their right mind uses stop losses in stinky pinkies...It makes no sense at all. It is just a way to guarantee a loss on a stock that could make you money.
JT doesn't speak for NSAV anymore. He is the secretary now. So, he won't be 'announcing' anything.
I don't need to call anyone. This has been true for the 7 years I've had NSAV. JT even stated that he would not register the shares with DTC because it costs money to do so. You can find that post in these very messages. 2017 or 2018, if I recall correctly.
TDA doesn't trade ANY stock that isn't registered with DTC. I don't care what some rep from TDA says - they probably don't even know the real reason.
No, that is not true. It is because NSAV's stock is not registered with the DTC.
As I said before, the OS is updated when the fins are released.
3) Issuance History
The goal of this section is to provide disclosure with respect to each event that resulted in any changes to the total shares outstanding of any class of the issuer’s securities in the past two completed fiscal years and any subsequent interim period.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.
Quarterly Report
For the period ending March 31, 2023 (the “Reporting Period”)
Outstanding Shares
The number of shares outstanding of our Common Stock was:
6,354,310,867 as of March 31, 2023
6,354,310,867 as of December 31, 2022
This number is different than the twitter numbers..
Instead of making claims about what you 'think' the company is doing, why don't you simply look at the fins for yourself and save the embarrassment of making false claims?
You can't know when the OS changes. It is reported on the fins, but there is no other way to know.
NSAV doesn't sell shares - it borrows money and pays it back with shares that are well under half price. But that is between the lender and NSAV, there is no public announcement until the fins are posted.
Besides, NSAV has about maxed out the OS anyway.
It is ALWAYS traders.
You can't possibly know if NSAV sold more shares, and it is highly unlikely that they did. When the share price drops, it is ALWAYS traders selling at market. If you sell below the buy, your shares will disappear and the price will drop.
Normal companies have employees, all working to help the company make money. The company reports results quarterly. The revenue generally grows over time. This leads to the ability to chart potential outcomes and make buy/sell decisions.
NSAV is a holding company. It has no revenue at all. It won't have any revenue until or unless one of its holdings begins to make profit. NSAV gets a share of that profit.
Just looking at the share price and applying a 'chart function' to it is meaningless, because the share price itself is meaningless. You can not tell what NSAV's share price is going to do based on what it has done. There are ups and downs, but they have no cause that is discernable. There are FAR more downs than ups, and one can never tell when an upward trend is going to reverse, as it did this week.
No one knows why the share price goes up at times. But we all know why it drops consistently. There's no 'business' there. When it does go up, it is traders buying shares that causes it. If there is no public reason for that rise, it is unknowable who is responsible, and how long it will last. The big spike in 2021 was caused by a lot of buying - from quad zero to cents. That was not all 'us', I believe a group got together and, together, bought up enough shares to cause a run. Then they sat back and let the momo move the sp higher and higher. MEANWHILE, those same people sold off a TON of those shares they got for almost free. That started the downslide that continues today. Look at the 2 year chart of NSAV. Don't tell me that you can 'chart' that. It doesn't even make sense to talk about it, because it is literally impossible to predict any of it.
Actually, it is doing quite well. I paid off all debt, replaced my major appliances, upgraded my entertainment system, receive about $10K per month from dividends, and have about a million left in various stocks.
Mostly due to NSAV, but NOT due to charts. Even then, I bought all my NSAV with proceeds from other stock sales. Pinkies are not blue chip stocks, and anyone that tries to tell me that charts work on these stocks is just playing a system that won't work.
If it DID work, we would ALL do it. If it works half the time, it DOESN'T work half the time. That is the very definition of a coin toss.
That's stupid!
If it worked, everyone would do it and we'd all be rich. Flip a coin, use a chart, just guess - all work the same in the pinkies. If you are too dumb or blinded to see that, carry on with your nonsense. It is time for me to put you on ignore now, as I put people that have nothing of value to contribute.
That's hilarious. "Charts absolutely are meaningless until after the fact." A chart is simply a history of what HAS happened already. It predicts absolutely nothing in volatile stocks, which all pinkies are. It CAN'T predict what a volatile stock will do. Any given day an NSAV stock will either go up or down. You can't tell what it WILL do by what it HAS DONE. If it's going up you can't predict that it will keep going up. About the only thing you CAN predict is that if it makes no money, it will go down.
The good news is that you don't need to use a chart. Just observe what is happening and either buy or sell based on that. Stochastic, my ass.
It doesn't prove anything except that you believe your own foolishness.
Bullish Stochastics Divergence my butt.
Of course you can't buy NSAV with TDA...they and other brokers won't trade any stock that is not DTC compliant. NSAV is not. Use Etrade instead.
In volatile stocks, such as the pinkies, what the stock price has done over the last few days or weeks is NOT an indicator of what is to happen next. THAT is why charting does not work on these stocks. You can throw around fancy terms all you want, but what happens is what happens, and there is no way for any of us to predict it based on past price performance. Or based on anything else.
To claim that charting works on these stocks is to show your gullibility. If you actually believe it works, you are ignoring the losses and only bragging about the gains. You are fooling yourself.
No, the charts didn't do that - the timing did.
CHARTING DOES NOT WORK ON VOLATILE STOCKS, WHICH INCLUDES THE STINKY PINKIES!!!
So what? I"m up over $1M on NSAV and use my own strategy which has nothing to do with charting. And when you say charting works on anything with price movement, did you chart out today's loss? No, of course not. You will have an excuse for that too.
CHARTING DOES NOT WORK ON VOLATILE STOCKS, WHICH INCLUDES THE STINKY PINKIES!!!
So what? I"m up over $1M on NSAV and use my own strategy which has nothing to do with charting. And when you say charting works on anything with price movement, did you chart out today's loss? No, of course not. You will have an excuse for that too.
CHARTING DOES NOT WORK ON VOLATILE STOCKS, WHICH INCLUDES THE STINKY PINKIES!!!