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Welcome aboard hubb! Nice to see you too
Folks selling ORFG today couldn't be making a worse decision.
VNDM and the rest of the gang is sitting at .09, I'd be willing to bet that is where we are headed next...
Folks selling ORFG today couldn't be making a worse decision.
I agree.
I agree 100% with what you said there. Buyers are bidding today. The stock is up so much and we are consolidating nicely before news.
Sure my friend. When I say abuse powers I mean putting up huge asks/bids in order to manipulate.
Just know, a market maker works against the momentum whichever direction it is. A market maker on his own cannot, and will not bring a stock all the way down for days on end.
Welcome between FROZ and this one I think next week will be exciting
I'm not arguing anything. I'm telling you that market markers dont kill stocks, they stabilize them. One of the tools to do that is naked shorting. Get it? When a stock is going down they don't short. Get it? When a stock is going up they short. Get it?
Look at the data my friend. When a stock dips significantly, the short volume is usually a low %, because they are buying shares to help stabilize the price when the stock is being aggressively sold. And when it is being aggressively bought the short % is usually high because they are trying to stabilize the price to help balance the out the buying.
Yesterday I sold just over 3M shares of FROZ to have some funds to buy into here, and everyone was blaming the market makers for "manipulating" or "walking it down" when in fact it was me who was aggressively bid whacking. It took almost an hour to sell all 3M and if the MMs weren't buying my shares it would have taken longer.
Hope this helps clear things up. Market makers provide liquidity in markets. They can manipulate the price, but ultimately only if they can convince retail investors to buy/sell because it's the retail/institutional investors who are in control and we all need to realize this fact.
Thanks, I try.
You all misunderstand naked shorting. If the market makers who PROVIDE LIQUIDITY weren't naked shorting yesterday I probably would never have gotten shares (at least not at the price I did) as not many were selling.
I use ETRADE to buy penny stocks. By far the best IMO. There are other good ones, but nothing beats ETRADE pro trading platform and their flat rate $10 commissions. Other brokerages try to charge you by the share and have other complicated fees. Additionally, it's super easy to take money in and out of my account. I even have a debit card linked to my brokerage account, lol.
No you can't short pennies or most most stocks for that matter with etrade.
News is coming by Monday. Need patience.
Extremely doubtful... Base built at .07s, would take a lot of selling to break it.
Which ones
Not necessarily. It could have been trades during market hours that were "hidden"
Excellent due diligence. Should be announced Friday or after IMO.
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
NITE still has that 1mil block at .0067 though. Folks are nuts for selling here.
3 market makers at .0080+ on the ask. They are backing off. I think the next 15 minutes or all of Thursday will be fun
Someone with 100k shares is very eager to get out, lol. Silly goose keeps lowering his bid!
Interesting L2 action. Market makers are backing off. Think maybe they are going to let it run a little.
Because there are no shares for sale
Don't be caught with your pants down when the news drops
They are going to do everything they can to keep fear in the stock because if they can't drop it more, confidence will build and we will rally
Just like yesterday...
FROZ
Always happens nice call
Once a stock gets hot more mms always show up. Helps stabilize the PPS IMO
Nobody except a few sorry suckers willing to sell out here
Sometimes you just can't say it enough
Load the dips! We know we have a winner here don't let a 10% drop entice you to sell!
Happens with the hot stocks
What?
People have been saying buy the dips all week...
Happens all the time... Happened with AEGY before it exploded, happened with PAWS... Geez. Hold on tight guys
Light volume walk down
Yeah that's typical
I grabbed 600k more @ .0076 end of day
Only regret at these levels anyone will have is they didn't buy more
After all those gains we barely dipped. Excellent churning