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MM CANT = Cantor Fitzgerald. Found this on their site:
Benefits:
No Stamp Duty – Investors in equity CFDs are not required to pay stamp duty on UK equities
Increased Leverage – Deposit of 10% of the contract value is required, allowing for greater leveraging of portfolios
Short selling – Shorting strategies can be replicated with CFDs enabling profitable trading in falling markets
Hedging – CFDs can be used to hedge against short-term corrective moves, but do not incur the costs and taxes associated with the premature sale of an equity position
Equity Release – An existing equity portfolio can be converted to a CFD in order to release cash without losing economic exposure to the underlying securities
Open-End Settlement – A CFD has no settlement or expiration date
Over 40 million in volume over the past 2 days. 5's bid is stacked too. Hope to get back to 6 x 7 by EOD.
The MM CANT is showing a size of 100K @ .0006 but over 4 million has hit the ask and it hasn't budged. I think they are shorting.
Lucky bastards got 6's. I got 7's.
I'm scared.
I'm wondering if that was all their shares though. Market was cut off so maybe they couldn't let go of all their shares. Anywho, too many people picked up 6's so it might be safe to assume they won't let their shares go below .0006.
I wonder who decided to dump their holdings with 1 second left. Seems a little planned IMO. Wonder if 6's will hold tomorrow.
WHOA! Someone dumped 28 million just before the bell. That was timed by someone and it wasn't the company.
HIRU only 55K left at .0007 then it's 8's.
Only 55K left at .0007!
Bid 32.3 million vs Ask 1 million.
2 million hit the bid and the bid grew larger. Dont know why people are selling at 6's hoping to get in lower. Dont think it will happen. Ask remains the same at 1.3 million.
It is now:
Bid 30 million .0006 x Ask 1.3 million .0007
Huge wall at 8. Gonna take some news or rumor to bust past it. Bid built back up to 24 million again :D
Here's to an exciting day!
I still got a lot of faith in this one.
Right now it's at .0007 x .0008
This is an improvement from last week.
I'm right there with you. Holding strong. Waiting on the CE removal.
Got me an extra 100K before the bell. Needed to round off my count.
LOL MAXM got tired of waiting at .0007 for a buyer so they sold at .0006. :D I didn't get any of them though. :(
HIRU update:
23.2 mil on the bid (growing) vs. 2.7 mil on the ask
:D
HIRU bid is building. Now up to 20.2 mil on the bid vs. 3.5 mil on the ask.
Who else here has a bunch of 7's?
Looks like a typical Friday. Get your hands out everyone while people feed us treats at .0006.
$2700 will buy out all the 7's.
Parabolic SAR is at .0014. Be great if we hit that.
Only 266K left @ .0007 then it's on to 8's :D
Tell him I want my money back.
Nice 1 million hit at the ask!
Only 266K left.
HIRU 22 million on the bid .0006 x 1.2 million on the ask.
That is correct.
HDSN is a hidden bid :D so that is a bonus beyond the 20 million bid size.
Update:
22 million bid vs. 1.2 million ask.
Bid is not 8 million. That is just ONE of the MM's!!! Total count for the bid is 20 MILLION.
Update:
20 million vs. 1.2 million.
Update:
17 million on bid vs. 616K on ask.
Yup. Even after all the selling the bid got bigger and the ask got smaller.
Now it is 15 mil on the bid and only 616K on the ask :D
Someone is giving us some 6's :D
Only 616K on the ask plus DOMS hidden amount.
Only 1.9 million left on the ask. 14 million on the bid. I wonder who is going to win this battle.
Here's to a good day :D
That is good enough for me.
I agree. I read somewhere where they said that they would not release any PR's until the status was cleared up. They know if they release news now it will not affect the pps due to the CE rating on pinksheets.