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Why would MMs be responsible for selling someones fraudulent shares?
Market makers were only doing their jobs in handling order flow. They receive sells, buys and fill orders according to PPS. They did nothing wrong IMO.
You could compare this situation to stolen stuff sold on ebay. Say some guy steals 100 laptops and sells them through ebay. You think you can hold ebay respnonsible for selling stolen laptops? They didn't steal the laptops, its not their job to track where laptops came from so why would they be responsible for someone elses crime?
they'll be back to buyback higher on Monday
great day today, new highs and close towards highs of the day
WWWWWEEEEEEEEEEEEEEEEEEEEEE!!!!!!!!!!!!!
fantastic day indeed. Would be nice to see new highs soon.
I'd wait for bankruptcy news and buy the panic drop. Its being shorted and sold into prior to news coming out IMO After news comes out and panic sellers get out it should have a nice bounce in it.
nope that wasn't me
come on guys, don't be spending your money all at once lol
What are you waiting for? .02?
looks like a perfect head and shoulders formation on your chart. When this finally bottoms it should see a bounce to the neckline which is around .07.
finally took profits on this last run?
Amazing, 3 big runs now and each time it comes right back down. Bought some .038 today but hoping for .03 or lower tomorrow for a big buy.
have you ever considered a possibility that stock ran up 2,600% from lows and people started taking profits? when sellers overwhelmed buyers the price fell? Simple as supply and demand, forget conspiracy theories.
Stock ran up .02s to .26 in less than a week so a good pullback was expected. .26 to .06s in less than 24 hours is a little extreme but stocks always come down faster than they go up. Group that pushed this dumped their shares and pulled support IMO Hopefully they are done selling and this can bounce back next week as I am back in .07.
bid .086 x .088 ask right now
green close?
.09 avg? you were in 250k .13 yesterday and added 100k more .12. Lets assume you bought your last 190k right at .07 low. That'll give you you .107+ avg. need some help with math?
RGNO back in .07
sold .0014 today for tiny loss. New S-8 won't help much.
agreed, a pullback was expected. Stocks usually fall back much faster than they go up so todays action isn't much of a surprise. Still shocked this went as high as it did. Couldn't believe I rode some out to low .2s and it went even higher LOL
This stock is an ATM machine. Even during a brutal day there were some nice bounces. Got one for 20-40% gain from .11. All out again and can't wait for tomorrow.
partial sell just under .15 on another sell. As soon as they see me getting the fill they hit the bids lol
a little optimistic thought but you are right, it'd be a long candlestick LOL
bounce to .13-.16 will work just fine with me. getting 1/2 out here just under .13 to be safe. rest hopefully a little higher.
maybe a bounce play. bought some .11 but hoping for .08-.10.
congrats. Its always better to be safe and take profit along the way. You already have huge profits locked in and can still make a bunch more with the shares you got left.
been fun indeed. looking good for you, back to HOD. GL
I am out for now but good luck to you guys still in.
amazing
congrats everyone!!!! outed some .215 at open and last .20 for a 7 bagger :)
MONSTER breaking 200 day moving average :) gooooooo
RGNO awesome .13
RGNO goooooo added 50k .08 for a day trade
Maybe you can buy the rest of my freebies next week and we can do the wash cycle once more. I am liking this. :)
does that "tie in" for all the times I traded this stock? LOL You guys are funny.
Pick out one post and start making a big deal out of it. Why not post all my buys and sells? First time I bought .03 and sold .09 I got bashed. Second time I bought and sold I got bashed again. I bought back cheaper and sold some again and got bashed again. Stock dropped almost 60% after that again. Now I take profit again and getting bashed once more? Do I see a pattern developing here? LOL
Hate the game not the player. Taking profits is NEVER bad. I am even rooting for you guys in big and this is what I get in return?
its a great trading stock when it moves. First time I bought .03 I sold for a triple same day!!! Then back in .04 out .05. Back in bigger .03 outed some .04-.05 and kept some freebies. Missed the last big move because I was on vacation but not this time.
Sold 1/2 my freebies .075 for a nice gain and still got a few left. After it topped .12 I bought 40k .0605 on dip and sold eod for 1k quick day trade. So if it sees new highs I'll be happy with my freebies and it'll give me a stock to trade.
Locking in profits is a must. If one hasn't realized that during .01 to .09 to .01s to .09 to .02 to .12 then they shouldn't be trading.
chart does look nice. Only thing I don't like is what it did last 2 times after a huge day. It closed close to highs both times and then followed with big down days. Mondays action will be key IMO. As long as it holds up well early and comes up for new highs, I do agree this should test the 200 day moving average next week.
"A/S 200mn ----- O/S 167 mn almost equal= no future shares added to our share structure.
Restricted --------100mn for 1 year.
Float of 67mn.......so for the next year these are our free trading shares......for whatever shares are traded, purchased or sold will determine our market cap.
If all 67mn were owned our market cap would be approx 5.7mn"
Market cap=O/S shares x PPS, not float shares x PPS. Which makes our market cap about $15M right now, not $5.7M. Those 100M restricted shares can't be sold right now but they were issued to give them over 50% ownership, not to be sold IMO. This way they can do what they please without ever having to hold a shareholder vote, including changing the share structure.
Amazing to see we have 67M float when people were claiming it was 5M, what a difference. This wasn't a surprise for me though as I knew this was diluted much more than 5M on that drop to .01. A monkey looking at volume would have known that. Hopefully they raised the cash they needed and stay away from the printing press for now.
great day here today. hopefully we try for new highs next week.
good luck. Its third time up here. Had you taken profits on last runs you could have owned 10+ times number of shares without dumping any extra $ in it.
But everyone trades different I guess. Some people take profit and buyback lower. others hold hoping for a homerun. for me a sure single, double and triple is better than a rare homerun.
RGNO GO!!! just outed some of my left overs from .03 at .075 and it just keeps going. .08x.087 :)
nice, keep us posted if you get a reply.
would be nice to hear some RM news. that'd start a second leg in a hurry.
hope so, still holding my freebies.