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There will be plenty in millionaires on paper when that happens, some even multi.... I, for one, would be the latter, but realistically I'd be happy to see the progression from penny to silver...
OTTV$$$
You got my friend! Thank you for all your DD and enthusiasm!!! I think we have a winner here :)
OTTV$$$
There were two t trades today. One for 15 million at 0041 and 50k at 0045
OTTV$$$
I trade in my IRA... 10% EWP plus my marginal tax rate...
If you trade elsewhere, Short Term Cap Gains is marginal (e.g. 28% plus 20% (generally) if you sell before 365 days...0% after 365 days)
Good luck
OTTV$$$
T-Trade 101 in the OTC
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=49465673
Pink Sheets and “Form T” Trades
Since OTC does not accept pre-market or after-hours trades, an OTC transaction marked as a "T" trade indicates the transaction did meet the NASD 90-second posting rule per above. If the "T" trade appears at the beginning of the day, it indicates the trade was not posted at Pink Sheets before 5:00 PM on the preceding day.
There are several types of "late" reports:
1. Those with a time stamp within a minute and a half after closing are just normal 90-second delays.
Rule 6620.1: OTC Market Makers shall, within 90 seconds after execution, transmit through ACT last sale reports of transactions in OTC Equity Securities executed during normal market hours.
In this case, the market maker may have conducted a trade within seconds of closing and delayed reporting it until just after the bell. This delay, which is permitted, is frequently misinterpreted as manipulation.
2. Then there are trades later than 90 seconds after closing. These trades fall into two categories and typically involve larger size lots.
a. The first category is sometimes used by financial institutions that are non-market makers to report larger transactions that actually occurred during market hours. However, since these institutions do not have access to ACT (Automated Confirmation Transaction Service), they use "Form T" to report.
MMs are prohibited from habitual "Off Market” transactions:
A pattern or practice of late reporting without exceptional circumstances may be considered conduct inconsistent with high standards of commercial honor and just and equitable principles of trade, in violation of Rule 2110.
These ”Off Market” trades are typically used by larger investors to trade larger lots at pre-arranged prices without risk of driving the price upward or downward.
b. The second category involves so called “ex-clearing” lots. Certain transactions may clear and settle outside of the regular clearing system ("ex-clearing" transactions), where two dealers make an arrangement to settle trades between themselves and outside the clearing system.
The process used to balance street-side transactions depends on the type of comparison generated and the settlement method for the particular trade.
Trades Comparison is accomplished in one of two ways:
1. Electronically through the use of an automated clearing house such as the NSCC. This the normal way.
2. Manually via ex-clearing. Ex-clearing is a manual comparison process that is performed by the brokerage firm’s Purchase and Sales Department. Unusual short coverings can end up settling this way.
3. See http://www.brokerage101.com for further information.
http://www.hotstockmarket.com/forums/showthread.php?t=60075&page=27
2 T-Trades
15 milly @ 004137
50k @ 0045
OTTV$$$
Well said friend. Hoping to get to the next tier... 15 mile high club :) tomorrow... When noobs sell I accumulate as much as possible.
Good luck to you and all of us!
OTTC$$$
That's ok, I have a million ready to buy IF it gets that low!
OTTV$$$
INTV
NAME CHANGED N/C TO 45826P101#REOR M0051067860000 EMS FIND INC COM
NAME CHANGED N/C FROM 26871R101#REOR M0051067860001 INTEGRATED VENTURES INC COM (INTV)
There are plenty of folks like myself who'll snap up another million+ shares. Personally 3 in the last two days.
Good luck either way!
OTTV$$$
That was my milly...now let's goooooooo
INTV$$$
Well, I just watched a million move from NITE to CDEL on L2, then the books reordered, CDEL showed 1.45, now showing the standard 10,000 shares...
Manipulation at its finest, but not before I added another 2.6m to my stash!!!
OTTV$$$
edit: CDEL now showing that 4 mill
Post of the day!!! YES!!!
OTTV$$$
PS: That was me slapping the ask for a total of 1.5M more today (on and off). 10 milly club soon.
Those 3x1000 are me trying to slap at the ASK, but Fidelity is getting me "the best price" lol.
Let's GOOOOO
TMPS$$$
Excellent! Glad you got filled too...never ceases to amaze me how some folks here are such penny pinchers...LOL... I'm glad some of the others here (and btw thank you and y'all, too) stepped up and helped push us into a nice green finish!
Great things are coming soon! Have a great weekend my friend!
TMPS$$$
NICE Move! Glad you finally got filled!
have a great weekend my friend!
Well, I tried to slap the ask at .40 for 2500
Fidelity bought them at .3916 ... so that was me!
TMPS$$$
Maybe, but that was my 900k slap at 0019... now LETS GOOOOO
RCHA$$$
I'm going to assume your friend is in between the 28-39.5% tax bracket... short term cap gains 20%...yup awesome, whopping $1500+ gain ... us longs here call that beer and pizza money... but you can never go wrong with taking profit, after all that's what we're here for. Good luck.
PS: if you're above 31%... you're probably not gonna be messing around with beer/pizza money...just saying...
TMPS$$$
Hilarious! They all forget that shorting an OTC stock requires $2.50 per share in margin reserves. So go right ahead and short for beer money... plus short term cap gains... I'll drop another 5 milly hammer... who wants to play?
OTTV$$$
Well done sir and thank you!!!
OTTV$$$
3.5 mill on the BID, c'mon!!!!...SLAP THE ASK and WE RUN!!!!
Nice 12G SLAP$$$
TMPS$$$
Oy! You wanna see this run... MOVE YOUR BIDS UP/SLAP THE ASK!
Quibbling over .0001 price differences ....seriously!???
OTTV$$$
You sir, as this continues to play out...will be wealthy! :)
Way to go!!!!!
OTTV$$$
HUGE!!! Way to go brother! Let's get some others to ride this MOMO and get this thing moving!!
OTTV$$$
Almost...$9904 + 4.95 LOL
I've done my part, now let's get this thing moving!
OTTV$$$
Thanks brother! a GIFTTTTTT at these prices!
Now some else needs to smoke CDEL! LOL
OTTV$$$
Ok...I just SMOKED NITE on the ask for 4.9m LETS GOOOOOOOO
OTTV$$$
Ok, I just smoked CDEL on the ask at 3935... now let's goooo!!!!
TMPS$$$
Hey Rooks!!! Step OFF the ASK and let this breathe!!!!
Why do think I snapped up the 2 mill (besides the obvious)... let this RUNNNNN
BLDV$$$
That was my 2 milly buy @ .0026 now LETS GOOOOO!!!
BLDV$$$
Thanks for dropping the hammer! :) as well as all your DD
I've been quietly adding, too. Every time I see COWN on the ask, I hit them for 2500/5000
Just finally hit 200K, those dips into the high teens/low twenties were an unbelievable blessing... I plan on adding on any dip this coming week.
Let's smoke these clowns, err COWNs!!! LOL
TMPS$$$
Hello Mr MS, this is your broker... margin calling... please be sure you have your funds ready to transfer before the opening bell....
TMPS$$$
Thank you to the buyer who SMOKED COWN out!
Any brokerage allows for trading on margin. But the kicker is this: Stocks below $2.50 require a $2.50 per share equity requirement. OH and don't forget your short term capital gains... what 20%?
So looking at the trades, if these guys are shorting+STCG, they're only making beer money...pfft.
Happy with my 200k shares at .012, but truthfully flipped it a few times when it dropped, so my cost basis is significantly up...but those were all free shares to begin with.
Well said, friend!
...and make sure you meet the margin requirements to short a penny stock
But if that hits, I'll be sure to grab your shares! :)
OWCP$$$
Stop Loss...OTC...pffft. Rook.
C'mon dude, you were sounding, for a moment, like a competent trader... until you said that... $0.37... LOL
OWCP$$$
Amended Statement of Beneficial Ownership (sc 13d/a)
https://ih.advfn.com/p.php?pid=nmona&article=75216875