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Not looking good at all for SRGE, all the best to you also!
Looks like someone put a Southridge Enterprises sign on Al Qaeda's hide-out,lol
SHORTIES ARE A MYTH IN SUB PENNIES AND YOU KNOW IT! LOL
Its #1 because of the large amount of bag holders here, lol
Good luck with that! lol
Agreed, any demand for shares will result in a dump fest at .0001.
No 10:14 was.
Thx, back at you.
Lol, Ihub posters alone probably hold close to 2 bill shares.
Where is the 8K that shows AERO has acquired those shares?
I'd say more like a solid boost for Massive Dilution!
Here's a post for you to read about shorting in case you missed it the other day when I posted it.
Short Sale Volume Reporting’s are deceiving.
I spoke to FINRA today and found out some very interesting things that until now I did not fully understand. I knew there was something wrong with this transparency of information but was not 100% sure what it was. I think I have my answer and it was enlightening.
I was first directed to the Notice to Members memo dated 9/29/2009
http://www.finra.org/Industry/Regulation/Notices/2009/P120045
The individual I spoke with wanted to make clear that to maintain proper trade volume reporting accuracy, a trade with multiple legs in the trade would only be reported once in the volume reports. The example given would be.
Investor A is long 100 shares and wants to sell. They enter the order through their broker that is routed to a market maker. That market maker will go out and sell the stock into the market before they have bought the stock from you/your broker to close out their account. They do not take possession first as there is no guarantee they can sell the order into the market. By this Notice, the actual sale INTO the market is a short sale because the market maker sold the stock into the market BEFORE they had purchased the stock from you. It is a technicality since they know there position will be closed out minutes later when they go in and buy your shares. To avoid doubling up on trade volume and distorting the picture, only the sale into the market (consolidated tape) is recorded and not the second leg which was the sale transaction between seller and market maker.
So, this is why the short sale volume is high but also why the FTD’s and bi-Monthly short interest reports are not showing any indications of this volume. The short isn’t really a short it is the execution of a long sale by a market maker. The key language in the FINRA notice is this:
Quote:
--------------------------------------------------------------------------------
The Daily Short Sale Volume File will provide daily access to the aggregate volume of short sales in NMS Stocks and OTC Equity Securities reported to a consolidated tape and traded over-the-counter during regular trading hours on each trading day.
--------------------------------------------------------------------------------
Consolidated tape is the open market where the transaction between seller and market maker is not done at the consolidated tape. That call this the media transaction.
Now for those wondering about Bona-Fide Market Making, I found out it can still be done but not electronically. The 15c-211 applies to electronic trade. Market Makers can continue to execute Bona-Fide Market making through phonic transactions but those sales made would be reported in the short interest reports bi-monthly and if not closed out will be reported as FTD’s in the system like any other trade failure.
Hope this helps at least clear up the high short interest volume reports seen. The reason the number is not 100% is because not all orders are routed thru independent market makers.
Since there is so much discussion and confusion on this I would request this be added as a sticky note since it clears up the confusions here.
mm's wont't fill all the bids at .0001 they need to keep the bid alive to keep the printing press running and sucker in more buyers.
Classic end of day paint job at .0002. tomorrow build the bids up again then the dump end of day!
Retail can't short pennies. This is dilution and a few peeps dumping.
Yep future bagholders,lol
40 mil trade at .0001, did you get filled?
Don't worry you'll be filled soon!
Looks like the dump started .0001's printing
The jig is up on ASYI it's over War, maybe skull and bones coming soon.
A TON MORE ARE AVAILABLE FOR YOU TO BUY!
In pinkyland 99.9% of the time the A/S is raised for one reason (dilution) As for the longs here it might be a good idea to dump while you have a bid, just saying. ps I'm a bagholder of enough of these scams and would not touch this with a 10 foot pole!
Time to fire up the printing press. 50 mill in dilution should be enough to pay for the ink! lol
Right, 50 Bill A/S Yep hold on to them shares. lol
Back to .0001 tomorrow, and then with-in days to no bid! Mark this post!
Seriously, really?? lmao!
Yes hold on to them shares, with AS of 50 bill might be hard to get shares lol
Agreed, here's a good read on short volume reporting,
Short Sale Volume Reporting’s are deceiving.
I spoke to FINRA today and found out some very interesting things that until now I did not fully understand. I knew there was something wrong with this transparency of information but was not 100% sure what it was. I think I have my answer and it was enlightening.
I was first directed to the Notice to Members memo dated 9/29/2009
http://www.finra.org/Industry/Regulation/Notices/2009/P120045
The individual I spoke with wanted to make clear that to maintain proper trade volume reporting accuracy, a trade with multiple legs in the trade would only be reported once in the volume reports. The example given would be.
Investor A is long 100 shares and wants to sell. They enter the order through their broker that is routed to a market maker. That market maker will go out and sell the stock into the market before they have bought the stock from you/your broker to close out their account. They do not take possession first as there is no guarantee they can sell the order into the market. By this Notice, the actual sale INTO the market is a short sale because the market maker sold the stock into the market BEFORE they had purchased the stock from you. It is a technicality since they know there position will be closed out minutes later when they go in and buy your shares. To avoid doubling up on trade volume and distorting the picture, only the sale into the market (consolidated tape) is recorded and not the second leg which was the sale transaction between seller and market maker.
So, this is why the short sale volume is high but also why the FTD’s and bi-Monthly short interest reports are not showing any indications of this volume. The short isn’t really a short it is the execution of a long sale by a market maker. The key language in the FINRA notice is this:
Quote:
--------------------------------------------------------------------------------
The Daily Short Sale Volume File will provide daily access to the aggregate volume of short sales in NMS Stocks and OTC Equity Securities reported to a consolidated tape and traded over-the-counter during regular trading hours on each trading day.
--------------------------------------------------------------------------------
Consolidated tape is the open market where the transaction between seller and market maker is not done at the consolidated tape. That call this the media transaction.
Now for those wondering about Bona-Fide Market Making, I found out it can still be done but not electronically. The 15c-211 applies to electronic trade. Market Makers can continue to execute Bona-Fide Market making through phonic transactions but those sales made would be reported in the short interest reports bi-monthly and if not closed out will be reported as FTD’s in the system like any other trade failure.
Hope this helps at least clear up the high short interest volume reports seen. The reason the number is not 100% is because not all orders are routed thru independent market makers.
Since there is so much discussion and confusion on this I would request this be added as a sticky note since it clears up the confusions here.
With a A/S of 50 bill you might even see some trades at .00001 lol
I'll tell you, lol
Nothing like a good old dose of dilution:( soon to be followed by a R/S
To da grave!
Peeps like bought the 4 bill shares.
I'm sure there are many ASYI shareholders wanting to dump but can't without a bid, lol
If they wanted your shares so badly all asyi has to do is R/S and keep the A/S at 5 Bill.