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I saw some earlier complaints on even buying, but it may get all sorted by close of business today. Once everybody is able to buy and sell normally, I anticipate the rise to continue.
Preaching to the choir, my friend. Lol. I have faith in VPOR.
That means, those $2 M notes (each) have conversion conditions at those prices, consecutively. That means everybody currently invested still has the chance to make over 500% from these prices, at a minimum. That is even factoring in a 50% decrease after initial conversion.
This was the modification to the initial proposal, I believe.
Procap got convertibles that can be converted at .15, .25, and .35. All to the tune of 6M in total, if I read the PR correctly. So, no worries on conversion unless we have already made 800% from here. LOL.
You have been saying this for weeks, whether the stock goes up or down, with no valid support. The price action yesterday and today is pretty much the only time you were right that it was going down. This also happens to coincide with a massive short attack. The price is rough now, but not doomed.
Not all platforms are allowing buys yet on the new ticker. It isn't that people are intentionally sitting on the sidelines, it is that they can't even get in if they wanted yet.
Like your picture, but your thought process seems to be stretching that number waaaay too much. If you had said .01's coming back, more might have believed you and sold. .001's, though? Not quite believable.
Also, keep in mind that not all platforms have full availability on issuance of shares here. Volume is so flat, because not enough people can trade it. No worries on any short attacks and MM shams here. Just wait until it hits the full markets. It should get better once everybody is able to buy shares.
Thank you all for the replies and info. This means I will just have to buy more then. Start taking the shares away from the shorts and make them cover later.
WTF? No relation?
You just gave short sellers a target to break down. Never post predictions for positive/negative influence, because you always show your plans to the other side. In this manner, shorts and longs are in a fight here, and you are giving away the strategy for shorts to have a better chance at winning. We already have confirmation that shorts are attacking it, now, and we have plenty of bashers and known shorters on the board. Might be a good idea to not give the enemy your battle plans before the fight.
Well at least we have confirmation, now it depends on how many shares are going to be available to short after the rest of these morons start trying to sell into the panic.
Already did. Still doesn't give full details. Who was supposed to be the special guest, then? Vanis or Darin? It just seems like most of it was pretty decent news, but there was a large genuine sell off (a/d line tanked with it, usually less chances of shorts being major players). Maybe it didn't meet the public ear as well as expected?
Looks like a panic washout. I end up in surgery yesterday and somehow this thing drops? It looked like within the first minute of the start of the CC, somebody started attacking the hell out of the price. Was this short selling yesterday again? What the hell happened? Was the CC that bad?
I was in surgery yesterday and missed the action. From what everybody is saying, shares still aren't available to everybody, then? Do we know how many mainstream brokers still need to receive shares? It looks like the shorts are still out in force. I can see the usual short attack patterns, but not sure if it is just people selling. However, with the ticker change and people not being able to buy, I am betting that there haven't been many able to sell either. That is why I am assuming shorts are out in force yet, and they are hoping to cover from people panicking because they are walking the price down every chance they get. Short sellers disgust me - making money off of scaring other people out of theirs is irritating. In the end, though, time and valuable investments still compensate well for patience. It is still disgusting,though, to watch manipulation to steal money from people. I think the short selling popularity has definitely contributed to the highest issuance of margin loans this country has seen. It gets rather awful when the market is no longer able to determine an accurate price, but it is instead set by who has the most money (and who has the best margin terms) and is interested in making money of the stock (and how they want to use it, of course). VPOR should run strong again once all platforms have the shares to issue.
This is quite possibly the best looking web site I have seen, as far as mj social exchanges go. I am quite impressed, actually.
There are a lot less chemicals that go into e-cigs than the making of cigarettes, and you are not actually burning anything. So it reduces the stress of introducing CO into the bloodstream and other negative elements from smoke inhalation in general, along with the specific chemicals in a cigarette. E-cigs are usually just glycerin and nicotene, or some light variation thereof.
Wow, the bid/ask rearrangement war is getting dizzying. This is quite a mad house. I think shorts are trying to get at it now, since they think it is topped out. Any sort of attempt at manipulation down before power hour on news like this = bad idea. I think this still is going to gap in the morning, even after wherever we end today. One of the main catalysts everybody was waiting on just happened.
It says as of opening of the market on 29 APR it will be changed to VPOR. Read the PR please.
This isn't just happening. It has been in the works for quite some time - since January. Please read the press release.
If they are able to deliver killer financials then that dollar mark should be by end of Q3.
Still lots of sales going off under the bid (all small shares, not retail). Looks of attempts at price painting and manipulation. Don't be fooled.
I was always more excited about the Q1 fins, personally. This just means that we are always subject to short attacks, even when none of the long holders are trading. So any volume lull may get walked down, but hopefully we can catch them all in a squeeze and burn them down instead of letting them try to take other people's money.
We had flippers jump in on thursday/friday, and now they have made a heft profit margin, and many others are protecting theirs as well. They just need to be told to try staggering it up and over the bid, and those without level 2 info are setting orders at delayed price quotes.
It has to be a good until cancelled order. If it is just a good until 4 PM or sooner, then it can be. If it is good until cancelled, those shares can not be borrowed.
*EDIT - It depends on brokerage firm. This is the best shot, aside from having a cash account, but some firms will still lend your shares.
MARGIN ACCOUNT HOLDERS - Lock your shares way over the ask (like .50 for today), or they will be shorted!!! Guaranteed, we have seen it way too many times.
PP - Oh yes, I think this is going to be an amazing week.
That's what everybody was waiting for. I am glad I picked more up before this! Exciting times, folks.
Do we have some gambling short sellers in the mix today? Rapid fire bid whacks, not close enough to be the same order, but trying to take out the bid repeatedly. Those are some ballsy bastards. The attempts at the sell down haven't been very lucrative, either. I would hope it is just some retail locking in profits, and happened to all do it at the same time. Nice day, so far for MINE. Still looking for that nickel tomorrow! Has there been any leaks / intelligent guesses (with support) as to who the guest speaker is?
There isn't much of a wall. 200k shares? Just piece meal retail sellers putting some money away. No worries.
This looks like the price correction I expected on Friday. I think TEJS may have finally covered shares, and allowed it to return to what it should have been at.
MM's can definitely impede a stock's rise when they get caught in their naked shorts. I don't think they should be allowed to do this, either, because I think it takes away from allowing the market to determine the price of a stock. If there is no stock to sell, the order should not be completed at that price, but MM's are still able to do so. The other idea behind this is to ensure that bubbles are not created in a stock, but there is a lot of gray area that they can take advantage of, instead. That is why I get irritated if I see a new MM on the ask, and then they stay on the ask, in what appears to be an attempt at a price control. If the company is not diluting, then this is usually one of those smaller MM's that picked up the order and now is trying to short sell their way back into cover. This is when we need a large catalyst to trade a high volume of the float to force a full call and report of shares.
MM's are actually supposed to hold onto enough stock from a company to be able to sell from their own inventory of stock for the company, or buy it back. They are supposed to consistently make money on the bid/ask spread, so they aren't just vehicles (this is why MM's will walk prices down when they can, or open gaps so they can turn their money faster, when the market allows). They are forced to short when an order gets pushed onto them and they have no shares to sell. This usually happens to the smaller MM's, because they are only picking up the orders to complete the trade properly and quickly. Instead of passing the order due to time constraints, or possibly contracts, etc., they short sell the stock without paying attention to the company's value at all, just based on the idea "all stocks will go back down at some point". Then they are just supposed to buy it back and cover the order later on, but sometimes they get stuck in a stock that is going up so they will just continue to short, or naked short (MM's are the only ones allowed to do this) until they come up even on shares, or are forced to buy back in higher. I will see if I can find some research for you, but I assure you that MM's can and do short sell stock. Also MM's are the only entities allowed to naked short sell stocks, and if they didn't short at all, why would they do this? I will look for some articles and see if I can find the research and links for you, though.
MM's can and do short stock, my friend. Not only retail.
MM's are supposed to provide and accurate market for a stock. Sometimes, though, the larger clearing firms that usually provide this market are unable to complete the orders in a timely fashion and these orders can be passed on to other firms that don't always have shares available to sell. When the smaller firms take over, though, it can get ugly. Their strategy sometimes becomes short sell stock, since they don't have any to actually sell, so the order is completed through their firm (all in hopes that stocks always go down at some point). Once the shares are short sold to fulfill the order in the correct time, as to provide an "accurate" market for the security, this creates a naked short position (which only market makers are allowed to hold). If the stock does not go down, though, the firm can then decide to continuously sell these shares short, in an attempt to average short positions up. To compensate for the rise of the price, the short sale orders at higher prices sometimes increase. This will continue until either the firm is able to cover their short position at the price they want (thus the MM walk downs in attempts to shake loose as many as possible), or they are finally forced to fulfill the order to keep from too significant of a short interest that could lead to high rates of failures to deliver. That can incur some decent fines for firms, so they tend to not want this to happen. It all starts under the pretense of "intent to provide an accurate market for a security", but always ends money. Realistically it usually starts there, but MM's can tailor their reasoning to fulfill the pretense with a load of BS. It can hurt shareholders, but the pains are typically temporary. Just have to wait it out a little bit. Not too much to worry about, even though it is frustrating to watch in the moment. The right catalyst will still set this back on the right track. Just keep buying shares when you can, at these prices, and the float gets eaten up even more and shorts get burned easier.
There is some nasty manipulation and short selling today. TEJS is selling shares he doesn't have for a naked short position, hoping on it going down. This afternoon actually has seen some bad trading practice. These are the days that frustrations build and there is not a whole lot you can do without $250k free for an ask slap. Rather disgusting, but just have to wait it out. We will see what the short selling numbers are after close.
Very true. The problems of easy retail access to the stock market...
TEJS just jumped on the ask - just about positive trying to short sell this one. Somewhat of a pain in the ass of an MM.
Looks like it. As the price builds, though, some may be inclined to take profits out now, and it may not be quite so thin. I am rather confident that the long term shareholders have been steadily building, and it may not be so easy to find shares to buy or short very soon. If so, the price will see a nice hike over the next week, just based on the steady accumulation and how the chart/float have been playing out. If we get good news catalysts, that will only boost what the chart has been building towards, and it could jump back to .25 quite quickly. Take into account the amount of people that will attempt to short sell and the possibility of a gap and shorts being caught in a squeeze, and this could get interesting. I am rather excited to see how this plays out. Also looks like we have a falling wedge on the chart for this morning, building for the afternoon run.
2 M ask on ETRD at .03? Looks like attempt at price control to me. Could be one of those stupid people, though, too. Lol