Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hah! That 58 failed flat. ^5 to whomever put it back to 64!
CDEL dropped out of the cheapies manipulation race.
CSTI wants to cap the rally at 64 but that's ok. The goal for today is to close high not to reach pennyland yet.
What is Happy Hour? When is it?
Happy Hour is a one-hour block where everybody has the premium message board features enabled for them. You can do full-text searches, send private messages, read 100's of messages in one click, etc. All the groovy extras! Everything you see on the feature matrix. Happy Hour is every Friday, from 4-5pm EST.
Rally time, guys. Let's not break the bank but make the shorties very uncomfortable.
ETRFs day trade of sell 150k@60; buy 1M@52 disappeared.
ETRF stacked 150k@6 and at the same time 1M@53. They are trying to catch some cheapies to keep playing there game.
Yea! Way to go. Someone cleaned out the 61s.
$800 breaks us through the 6's to restore us to the gains this morning.
My comments were not directed at you. :) Unfortunately, others are reacting this way.
Results of our efforts: 0!!! shares naked short
On 7/6 There were 1,823,500 shares naked short at a short squeeze point of 0.0013. So, Shorty's paradise: consistently oscillating price and a squeeze price that hadn't been hit in a year.
Two days ago, 7/15. 57805 shares naked short at a squeeze point of 0.007, a price that's occurred in the last month. So, for about $600, someone could put a world of hurt on them. And, they fled.
Yesterday, 7/16. 0!!! shares naked short.
Where did you read that? Didn't see it on twitter or the News feed.
True. OTOH, we've been able to keep this out of the 4s for two weeks. Yeah, I know, "Two weeks is no big deal." Except that it is for this stock.
Jfran, you're right. We do need consistent bid support. I think we are working towards the same goal but with different strategies. Or, in my case, tactics. I'm trying to make this a dangerous stock to short and, therefor, dissuade the manipulators. That is a short-term tactic. I know that. For my tactic, the key words in your post were "the next day". You are correct that the MM do that but, to a certain extent, it doesn't matter when fighting the manipulators.
I want them to be very afraid of a margin call. Go play in a different sandbox that's not so dangerous.
I fully agree Yours is the best STRATEGY. And, we will need that to establish a pennyland base. However, I see the biggest obstacle to be the short-term manipulators. They are making it very difficult for your strategy to take hold. They are my current target.
Less than 1M shares to pennyland. Yes, I know what jfran said and he's correct that we don't know how many orders are behind that one. Given that NITE didn't have anything listed until I put something up yesterday, that tells me the order book is quite thin. ETRF's lowest sell order is 72! Everybody else have placeholders.
We should be encouraged. We've managed to hold it in the 5's and 6's for the last two weeks. In case anyone thinks that's no big deal, if one held MSFT and it jumped and held a 25-50% gain for two weeks, one would be ecstatic. Making 25%-50% in less than two weeks is da*n good for a buy-and-hold type stock.
CMGO is not a day-trader's or short-term stock. Volume and number of trades are way too low. It is a Warren Buffett buy-and-hold type stock. People are in the wrong place if they want to make a quick buck.
That being said, even as a WB-type stock, its PPS is undervalued.
This stock likes to climb QUICKLY. Look at the chart for the last 18 months. That tells me there is a thin book at any given time. Yes, the MM only have to post 1 order but I doubt they have more than 3-5 at any given time. The point is to clear the order books quickly, even if for a short time. Force a short squeeze.
Goal #1 Let the PPS rise to a more natural level.
tl;dr Get the manipulators to go somewhere else.
I think primary way to do this is to dissuade the shorting manipulators. That being said, given this is a sub-penny stock, they really are not making that much money on it, maybe 10k per day. While to many of us that's a lot of money, the reality is that futures guys do that all of the time. If one is highly skilled and has funding, there are a lot better places to make money than this stock. Overall strategy is simply to make it not worth their while.
Side Note: unlimited shares to short. Of course there are. The MM can "borrow" as many as they need almost up to the OS to make the market. The way to beat shorts is to force them into margin calls. Which leads to ...
Goal #2 (cherry on top) is if we can catch the shorties in a huge squeeze and cause a margin call. To that point, I've put an order to sell 10 shares at $1.00. Do I think this will EVER occur? No. BUT, IF the conditions are right and it slips through the crack, that's going to cause them some major disruption. At one time today, somebody had shorted 750k shares. Imagine their panic if they faced a margin call of $750k. That's going to cost someone their job or more. Even a PPS of $0.10 will cause a large call relative to their gains. Again, I don't think will happen but if I can dissuade them with a Sword of Damocles, so be it. For those who say this is impossible, may I point to oil on Apr 20th.
Sent out a bunch of private invites so we can do this without the maninpulators listening in.
661@0.015 is me. Should show up from NITE. Enough to cover the cost of the trade but also something for someone to bite into at minimal cost.
Any one else in on the plan today or should we schedule another day for everyone to act at the same time?
We need to coordinate otherwise, the manipulators will eat us up piecemeal.
Don't see that on my level 2. Regardless, if they are reacting to my posts today, then let someone pick a random day and whack them.
Our assumptions are precluding our actions. In a non-penny stock, $10k wouldn't manipulate anything and given the 400Million shares outstanding we think we need 10's of Millions of shares to do that. BUT, and this is a HUGE but, this stock is so lightly traded that I think we can do it with this relatively small amount of money.
Grau, if all hits at once, the autotraders will blow through 0.0099 as there are no open orders there.
So, 607901 shares for about $3700?
Update@13:41. Make that 1,145,401 for ~$6500
Do we have 4 people willing to risk $2500? If everyone put their order for 500,000@0.015 in at nearly the same time of 3:40pm that might do the trick as well. Someone would ALSO have to order some small about at 0.0156 to bite into that tranche and set the closing price.
So, $10k to gobsmack the manipulators. If this was done at 1545, it might even cause a margin call.
Even a moment at 0.0156 would put a huge short squeeze on the manipulators. One or two of these incidences might persuade to go elsewhere.
How many shares? As of 20200716:1323, the Level 2 shows 1,654,400 shares for $9459.47 to get us to penny land.
Anyone got an extra $10K laying around that they can put in one massive order? If one put it in as one order of 1,654,410 shares at 0.0156 the automatic trading would blow through all of the existing offers before the MM could react.
My ask of 500k@6 submitted at 3:53pm never even appeared. :/
I saw that 500k@57 and thought I'd hit something wrong. Nope, order cancelled at end of day.
Thank you jfran, et al, for keeping us up to near 6.
CLSN - will they bounce on such news?
Bounced out of MORL, found REML. Looking into what other holders think.
JFran would love to help. Unfortunately, I'm not skilled enough in their games to know what I'm doing in these games and may, actually, hurt our cause.
I've been trying to read and understand what StockScout1 has putting out but have to admit, I don't always understand what he's trying to point out.
I'm not a novice trader but am new to manipulation. Let me know if there is anything someone new to this kind of gamesmanship can do.
STOP SIGN GONE! How do we make Long's post a sticky at the top?
No ATM withdrawal this morning?
What caused the crush?
AYRO crept up to 6.06 in After. Do you think it will drop to 5.5 again tomorrow?