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Multiple small share blocks on the ask move 10k bids easier than singular large blocks. Feed the algorithm with positive trades and watch her move.
I thank you guys for putting the supports in, because I am out of free cash to do so any more. Well for this week anyways. This is one of the best companies I have found here on the OTC. Ridiculously undervalued. Good luck to us all, may we not need much! :)
I thank you guys for putting the supports in, because I am out of free cash to do so any more. Well for this week anyways. This is one of the best companies I have found here on the OTC. Ridiculously undervalued. Good luck to us all, may we not need much! :)
GM Doog! I think you are right. Might have some Friday selling crowd, too, but MM's have lots of shares to answer for over this week of trading. Looking forward to this afternoon and next week!
I know. It looked like you and Cbux were putting in the bottom support again. If it was you guys, thanks again, and nice job. I am long on this one, too. I want more share, not less. :)
Out of spare change for the moment, got as much in now as I can. Now I have to wait until Monday to buy more. :(
Looks like Cbux and Silky back in for support. Nice job gents.
Morning short games, as I said would be here in the morning. To kill the short game, you have to use multiple small share blocks on the ask instead of large chunks. Have to feed the positive quantities into the algorithms. Priority looks to be on number of pos/neg trades, than on number of shares.
I think people missed the point of "selling on news". You are supposed to sell it for more than you paid, as it rises, on news. Stagger shares up and over the ask, in smaller chunks (because it's easier to sell, and you recoup trading fees by higher margins). Lol. Rather silly. Great time to buy today, though. With an average of 46% shares naked shorted this week, today being the highest level volume since May 28th, and the price drop to fill the gap, Friday should be a good day and next week even better.
Missed the last bit here, but looks like the usual closing game of a thursday. Lots of volume compared to the last 3 days. Either the short numbers are insane still, or liquidity is back. Overdue consolidation, probably. Another mill is rather good news, though. One oddity - why was the PR in the middle of the day? Haven't seen that one in some time. Breaking a baseline they have kept. Maybe points to something interesting?
Somebody is still trying to take out the bid rather persistently.
Shorts are on it, selling and covering, and trying to sell it harder, then covering again. The MM's are also most likely hurting for shares, with the naked short numbers staying above 40% all week. So, now, shake downs from them as well. Retail shorts probably just wanted to jump in on the chart play. Look at the size of the trades and timing on the L2s, and you can see what I am talking about.
I was literally just going to post that when you did! Ahahaha.
We will have to see how the naked short numbers are today.
Ask is crazily spaced again.
Before this held up so well yesterday, I actually thought we would drop to .012 to fill. It just pushed one more day out than I expected. There also might be some other people just bailing because now news has hit.
Now it looks like the gap should be filled.
Are you sure you have the right stock? I think you may be confused.
Seriously? Why would you even suggest this? What evidence do you have?
Only 10k shares available to short on IB now! Retail shorting has set off! Burn them down. Small share blocks on the ask.
Chrion - you got a count on IB of available shares to short?
A few getting cold feet?
Could be some shorting as well. Retail or MM's. MM's need shares badly before close today and tomorrow, most likely. Just hold steady, and buy up in small chunks. If you notice the share blocks in the sell offs, the majority are small blocks. It looks like an intentional walk down, to me. It could be some people are getting bored, though. It is Thursday...
Holding up very well, especially on a Thursday. If there was actual shorts this morning at .0141, and they haven't covered yet, wait for the panic into close. The naked short numbers on this stock have been ridiculous (above 40% all week). Looking for a possible small squeeze tomorrow. I think it would be unwise for MM's to hold naked short positions over the weekend. Anything from Monday and Tuesday has to be covered by today and tomorrow, though. Might get some interesting action, if orders have been left unfilled.
Maybe that's why I got locked out.
Tried buying that 100k @ .0152 at close, and got no fill. GRRR. Tomorrow...
The fact that the A/S has been lowered with the O/S makes this an okay R/S. The price should reflect the changes (.01 becomes .50 per share). This does clean the S/S up enough, to attract more investors, though. Such a low float should bring in many, and the fact that this company is clocking tremendous revenues will stabilize. As long as they keep adding more business and licensing, then you get sustainable income, too. I don't know if it has bottomed, yet, though. Might have some more panic sellers, that really don't grasp the situation. I am not in this yet, but I will watch the prices. The post R/S S/S makes this more attractive, to me, than it was before.
Still could be LATF just found it, and figured they had time to exploit the name, before anyone else caught on.
Wow, this is hilarious. I keep watching attempts at pushing the price down, and it keeps failing. Beautiful steady churns up. Loving the action here. I am quite impressed with the group here. Keep it up, everybody is doing great!
According to CA SOS, the old VO was merged out in 2004. The new one was started June of last year. I think that web site has always been owned by VO, not LATF. I believe LATF was just lying the whole time, and VO just corrected the BS on their site (thus the news statement).
I almost forgot - you won't find their home address, many times, for delivery. The laws are changing, but there is still lots of gray area out here. I have a friend that has had a brick and mortar shop that got shut down, and he is now applying for opening again with new policies. However, they still didn't address the delivery service part enough. Lots of delivery services are still popping up, as all brick and mortars are being shut down soon. They are going to have to go through a new application process.
Will do! Didn't even realize a bunch of people I trade with are in on this, too. Very good.
MM's get nothing! Beautiful work/trading here today, folks.. I think if there was going to be a draw, it should have been today. All those naked shorts should be fighting each other through the close of the week!
Their seafood biz is bogus. I tracked that down a long time ago. That is why I have some hesitancy here. Just wanted to make sure Valley Organics is legitimate, since it was associated with a company that was not, to make sure ITNS is authentic.
Anybody know the deal with Valley Organics? LATF claimed to own them, and ITNS says they do business with them. Was LATF lying, Valley Organics has always been their own separate entity, or is this kind of a gray area here? Not sure if we have had product validation yet, on this board. Just started looking at it a couple days ago. I like the connection to MYEC, though, too.
This L2 doesn't bode well for MM's. Every time they rearrange the bid/ask lower and sell stock at a lower price, they are probably building more short positions. Looks like they tried a small drop and it was terribly ineffective. This is a solid set up for a squeeze through the end of the week. They are going to have to move the price higher for liquidity, again.
If they are a delivery service, you won't find them. They operate in a gray area of the law here, so they don't always have solid addresses to prevent being raided. It still happens here in Cali, because laws change quite constantly. Best bet is to have somebody that lives in the area order something from them, or order their CBD gel cap product.
Might have to bounce off .012 first. If it is able to run straight, we may get .0189 today.
I would anticipate short selling or wash trading attempts without news. MM's should have even less shares today, though, so maybe they can dig themselves into a short squeeze. Keep fighting with small share blocks! Been doing great so far.
Check this out:
http://www.valleyorganics.org/news/
The news statement:
"Valley Organics Inc. is not a wholly owned asset of nor affiliated with Latteno Food Corp."
Hmm... might be statements from Valley Organics are authentic, and LATF was just using the name, hoping nobody would notice.
So does that mean the real Valley Organics is working with Itonis? Or did LATF sell the companies off?