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let the party begin............!!!!!!!!!!!!!!......everyone will want to get on this one before the releases of sportsbook and financials
Occupation: retired , thanx to BFHJ...its coming soon...
its all in your opinion, i do what works for me
yeah go to the bank and get a freakin loan...if you make money fine..if not..bankruptcy...time to f with bank..it wont hurt them..Fed is keep printing money every day and is giving it to the banks...what s 100 grand if u cant pay back...i know most of us go by the law and we all know its a not a good thing to do that or file for bankr, but there are many people who are milkin the banks and the goverment every day.....i know i have many times....name change works fine, getting a diff soc security works, there is simple way to rebuild your credit in few months if it gets bad....i love milkin the system...this is all IMO only....
on a diff. note. when the sportsbook goes live i dont expect to see much of the boring american sports like baseball, that noone watches it or hockey with puck so small , it has to be highlighted...or football for that matter....IMo there will be some NBA and lots of lots of soccer...better get use to Manchester united or real madrid, people in europe ( as u know i go there all the time) play those slips for soccer every freakin day. that s their lotto there...and when there is a big game like FIFA or UEFA finals, billions are on the line, forget about vegas 5 points spred on new baltimore over carolina...i m expecting to see lots of soccer on there along with all other sports that noone will bet any money on...unless its a superbowl or sumthin...i do watch lot of soccer by the way..how bout today s match..
Sparta Praha 1-1 CSKA Moskva....
is this one that u wanted ??
Here is a good read for many to understand the tactics and what is at stake here ..
(UPDATED) Penny Stock Market Makers Who Are the Players in this Game
Let Me Start off by saying this: Level 2 Does not have the same effect like it did 5 years ago except for OTCBB Stocks & Pink Sheet Stocks. What Do I mean By This? NASDAQ is all chart plays, level 2 has no meaning as it once did for NASDAQ Stocks, and too many games can be played now on level 2. Simply put if you don't know how to read the charts you will get killed on NASDAQ Stocks.
With all the changes on Level 2 Traders have been forced to learn TA, You could had a made a killing with level 2 before 2001 with out TA; I have witnesses that have proven this.
And when I make this comment I am talking about regular trading hours, after hour's different story. Bottom Line Level 2 does not have the same effect on NASDAQ Stocks that it did 5 years ago because of the New Super Soes Trading System being implemented in 2001 and along with 1 cent spreads, it was the worst thing NASDAQ ever did for traders IMO. The Traders from 5 yrs ago know what I am talking about.
Let's talk about the 2 exchanges where Level 2 has not changed and having level 2 is really important to your trading. I am talking about The OTCBB & PINKSHEET Markets.
If you learn how to read into Level 2 on the OTCBB & PINK SHEETS it will really enhance your trading. Let's break down the Market Markets.
There are 4 categories of Market Makers let's start by talking about the first one.
Retail Market Makers:
These are the market makers from very popular brokerage firms. They handle a lot of the order flow for small retail investors.
NITE: NITE
UBSS: Schwab (Not known as one of the good guys)
AUTO is being used by Ameritrade and Penson Brokers as an alternative to SBSH. if SBSH does not want the order flow he sends it to AUTO.
SBSH: Citibank
ETRD: ETRADE
BOFA: Bank of the American
Second Category: This is the list that you really have to master because these are the MARKET MAKERS that can kill a stock in a hurry when there are the sitting on right side of the box on Level 2.
HDSN: killed CKYS single-handedly
VFIN:
CGFL: new kid on the block for sub dilution
RBCM: Old CLYP. Has killed many sub penny stocks in the past to no-bid.
FANC: used to be a heavy S-8 seller. May show up once in a great while.
SSGI: aggressive on sub penny stocks
Third category: There are lot market makers in this category so I will break it down to who are the most important: These are some of the more friendlier market makers on the street.
DOMS: one of my favorites
MAXM:
VERT:
HILL:
SALI: can be a seller at times
JEFF:
FRAN: very friendly
ABLE:
QUIN: haven't seen him around much lately
VNDM:
SEAB:
MURF: getting active lately
STGI: getting active lately
VERT:
WDCO: can be a seller at times
PERT:
NIII:
BEST:
GNLN: nice to see him back again
EFGI: can be a seller at times
LAMP: LAMP the most dilutive POS ever (From 1geb)
Category 4: ECN MARKET MAKERS: Electronic Routes
these market makers are only used on OTC BB stocks. They do not work for pink sheet market.
ARCA: used a lot by promoters to sell stock
TRAC: rarely used any more taken over by EDGX
EDGX: new kid on the block
There are probably a few market makers that I left out or there will a few new market makers that show but for the most part these are the major players. Good luck hopes this helps.
Market Maker Speaks Out: Ways of a Market Maker
I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals of the stocks they trade.
They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called "wholesalers" this means they don't have retail brokers "working" the stocks.
So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM.
If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on.
Contrary to popular opinion the "Big" firms Do NOT neccessarily go to the "Low Offer" to fill a buy order (Or high bid for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want to sell any more.
As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount houses.
With the above groundwork laid, let me try to explain how market makers get short even if they like the Company; Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position. But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid .75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00 offered. Now he has to make a decision.
Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000 but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few bucks.
But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here because "stocks don't go up forever".
Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short 50k or 100k shares (depending how big his bank is). _________________________
Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to note that if this happened to one MM it has probably happened to most all of them.
Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.
Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.
Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over.
Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular.
This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they get trapped. If the Company has solid fundementals and a bright future. Then the stock will do very well. And the activity that caused the situation will prove to even help the future stock activity because it created an audience."
Market Maker's Operating Procedure
The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate. Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the underlying basis for going long and holding.
More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get and the NASD is not going to do anything about it. They are merely making the market liquid is there reasoning.
The market makers have created an added complication to the OTCBB's chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders are supposed to be doing that no them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar mark or percent from where the stock started. Could be a penny in smaller priced securities? What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM
will want to cover his short position. So the MMs call up one of his friendly
MMs and says some like "the weather is sure rough today." The MM along with
the other "friendly MM initiates a down tick about the same time. Now this can
also be done with a certain amount of shares such as an infamous 100 shares
flag. This down tick gives the illusion of weakness designed to hopefully
begin the bear raid of selling. The fickle, fearful, day trader, momentum and
short term begin to sell out allowing the MM to cover his short position at
lower prices. They will move it down quickly to get it to a price of least
financial damage. Problem they have is long-term investors in the OTC BB. They
start accumulating and buying comes flying in when they take it too far thus
the MMs took it to the point of volume again and not only investors the other
MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like
stalling, boxing, or even locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of collusion designed to fix quotes
or spreads, but a recent SEC investigation tells another story.
MMs have a vast resource of tactics and it would take probably more than my
lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB
arena? One answer is indirection trading style by going long which the MMs do
not expect. In the war between investors and public companies on the OTC BB vs
the MMs, if the MMs have all the advantages due to position or other factors,
direct confrontation such as momentum or day trading hitting the stock is a
definite death sentence.
However, an indirect approach tends to weaken the path of least resistance
before slowly overcoming it. The most effective way is long-term investors
slowly accumulating and holding thus drawing the MMs out of its defenses
making them as naked as their short position. This is war so this slow
accumulation and holding for the long term easily achieves the desired effect
to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to
get a Bear Raid thus playing on the individual fear of most people. The MMs
feel they have information and position advantages over the investors as long
as the holding of the stock is in weak hands or short term holders. Since they
are OTC BB MMs who believe all OTCBB companies are not worth investing and
management is ineffective regardless what is happening within the company.
Furthermore, MMs know they are in the position to impose a great deal of
influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any
time up or down. As a result, the only way to draw them out of their favorable
position is going long. Now this does not mean just any company but to
effectively nail the MMs, Longs must find the great company on the floor and
accumulate long before the MM tactics and games begin.
lots of back n forth today....few things real quick, non reporting company has the right to not report anything ....and that s MUCH better for them personally cuz they can take all the profits and noone will ever know about it...that s why its a pink stock , everyone should know that beforehand, dont complain after you bought some shares...there is nothin more to expect from what they are doing now, once the move up, lot more will be expected...about reporting, financial, advertising, where the money is going etc...PPS so low..? yeah it sux..but everyone needs to get better attheir trading strategies, especially with pink stocks, if you cant get it right, try big name stocks before you come here. lots of people just want to make big profits and cash as soon as they start tradin stocks , and first thing they do is trade pink stock and lose all their money....and if you guys are spending all these money on BFHJ how come none of you wants to spend 5 bucks for internation call down to the hotel in Nicaragua and find out if this is a real comp, does the hotel really excist?...ask questions around., you'll be surpised how much you can find out...i already did my DD...and asked around before decided to throw money here...i didnt just wake up one day and blasted 50 grand at some dead end penny stocks from nicragimalaysia....pick up the phone and get some info, it'll help you sleep better and never rely on other posters ...lots of manipulators outthere..
GL
me personally expect to see financial late feb/early march
sportsbook, mid january....
OTC..spring...
if everything happens so quick in 2-3 weeks what are we gonna do then???one thing at a time..
do little research on internet, there are lot of ways to repair your credit in few months period...and always maintain good credit. this stocks is worth borrowing money....
i see that 1000-1 RS is workin out pretty good for the company...
i m loaded up to my ears on STH*.....g..if that one bounces tomorrow or next few days, all the profit will go here....also all the profit from IGS*....m..
get that boat loaded fellas, go to your local bank and pick up a nice 10-20k check and invest it here, double your money in month or two pay back your loan... it sounds risky as hell and a big gamble but no pain no gain..no risk no gain...i see some of you are sitting on 2-3 million shares and just wait for news every day....that s just plain boring...
someone posted an alert to his followers to load up on this one...
dont worry about MM's guys...they sold most of their shares in 0040 and 0050's when the volume was in the tens of millions....even if they cover by 0030 they are lookin at 50% profit...
tomorrow s the big run..get loaded guys
any takers for the 18's ???
buying pressure starts to build up before the big one
bid/ask both @ .0017
anyone noticed that today 20 and 50 wma crossed on the weekly chart....bullish..first time ever....
well safest...the thing with BFHJ is , they dont try to pump n dump, even tho they ve been approached many times by various pump n dumpers, ..they do what say they 'll do...never broke any promises...and they actually own something , it is a real bussines, it might not even make any money at all....well i doubt that..but these guys have something...most of the pinkies just say that they have something but dont have $hit....
that one will come back agai, dont worry...might get little further up to 2 cents tomorrow..but no need to chase it. i'll stick with BFHJ.....i stay away from pump n dump stocks
holly $hit, what a heck happened over @ ZVT* (k), i sold that stock few weeks ago and now it went from .0006 to .0150 in 2 freakin days..all the money that could been made on it and turned into BFHJ...that s the penny land, catches you offguard...
that s what gives me inspiration....
how do u like my new picture by the way
i picked up 1.584 mil, today @ .0016..i wanna say thank you to whoever sold those shares to me...
feel free to delete this post aftera while
yeah i know i said that i wont post any more of this crap, but here is who s been accumulating...on one of my other accounts:
Account Alerts
Events related to your account
Date Symbol Subject Order # Action
12/13/2010 3:32:27 PM ET BFHJ BUY 83040 BFHJ @ $0.0016 Completed Executed
12/13/2010 3:32:22 PM ET BFHJ BUY 250000 BFHJ @ $0.0016 Completed Executed
12/13/2010 3:32:14 PM ET BFHJ BUY 500000 BFHJ @ $0.0016 Completed Executed
12/13/2010 3:29:59 PM ET CCTR SELL 84193 CCTR @ $0.0021 Completed Executed
12/13/2010 12:23:01 PM ET BFHJ BUY 250000 BFHJ @ $0.0016 Completed Executed
12/13/2010 12:22:26 PM ET BFHJ BUY 250000 BFHJ @ $0.0016 Completed Executed
12/13/2010 12:22:03 PM ET BFHJ BUY 250000 BFHJ @ $0.0016 Completed Executed
12/13/2010 9:40:49 AM ET BRD SELL 1000 BRD @ $1.8601 Completed Executed
all rite stocksbar if this stock is a scam then i am sure your TRD*, TAO*, and SAE*, are not a scam,i bet you lost your shirt today on the last one... if you are not happy with this one sell your remaining shares and move on to pump-n-dump stocks....this stock s been great , except that lot of people got caught in the run and bought at high prices...
it was a good lesson for next time, dont spend all of your money all at once....nibble slowly...i know it sux watching from the sidelines for months and not being able to do pick up any cheapies...
GL to everyone
all i know is these 17's will not last too long
all i know is , these 16's will not last too long
it might get even uglier if people dont start to sell on the first bounce ....most shares were shorted when it was dropping down from .0055-0025....if it starts to run above .0030 and MM s dont cover their shares might get out of control. as of now they are betting that when it starts to run they will have everything covered before it reaches .0030, that way they'll have nothin to worry about since 90% of their shares were bought above that level....but they way this thing is acting, most people will start to sell and hoping to reenter at lower price....it'll be interesting...
these shorteres better start covering before something big happens
Price/Earnings (Trailing) N.A. Short Interest 231,823.000
Relative P/E N.A. Last Dividend Reported N.A.
Earnings Growth Rate N.A. Dividend Yield (ttm) N.A.
Estimated P/E N.A. Relative Dividend Yield N.A.
231 million shares short....that s A LOT........................MORE THAN HALF THE FLOAT...... this could get ugly
target here is .0725/share
hey at least few people are buying. when this thing dropped to .0003 back in august we had 200k volume all day avg....everyone was talkin about NO BID at that time, just like now the bashers r mentioning triple o's....i m 100% confident that the ones who wont sell at the first run and hold on little longer will have a nice payday
i have sold lot of my other stocks, this market is being manipulated more than BFHJ is..its getting too dangerous to be on the long side or short side. so most likely i will start to nibble on any pullbacks....
anyone accumulating at these levels?
ok guys i m officially out of this thing, sold my 4 mil shares for 150% gain....good luck to the rest who are willing to hold further, it gets dangerous from this point on...not a bad return for a week of holding.....starting to look like pump n dump, moves up big on news...
GL...may get back into it if it pulls back
dont ya love when a stock moves up on no news, like my other stock i use to own IGSm....holly shhhhhhhit. on day you can buy all u want for .0009 the next day sell all you want for .0030.....so the old saying, when noone wants it, its to buy...same story here
i m hearing they are about to start putting some fluffy PR s again...time to accumulate again...and dump them later