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$12.70 in the premarket with news to hit soon. This is going to be good.
On the cusp of news highlighting it's volume, the brexit scramble, the promising reports and financials, and the surge in pricing, this one is going to ramp up for weeks to come. I'm seeing a several dollar worth in the near future.
Or was until today's sell off
Me too. The volume is dead
RSI hasn't hit 80 in over a month. There's just no interest here.
Easily a couple years. But well before any bill could ever dream of dismantling FNMA/FDCC. In short, we're experiencing tactics to bolster cheap accumulation, until the entity with 79% retains 100% of the common stock. At which the preferred is the only payable body after any court case is resolved. That's my forethought on this.
Three times Dow Jones News release posted the unveiling of the proposed bill, and the price still climbed. At 11:01 AM it updated my scottrade ticker again. The fourth time with the same news, and then the price tumbled. This wreaks of more poorly staged manipulation of pps. Another perfect buy opportunity for FNMA.
At minimum, to replace FnF, 5 years. While this proposal is being made, elections will be held. It still has to pass the senate, the house (who developed a counter proposal,) and the president. In all. This is going back up. S&P released no change to it's rating. Because in short, these two key lawmakers are still only two people, and everyone that sold off, panicked on hype. And the world continues to turn.
Exactly. This was a calculated downplay. Pure manipulation. Someone was about to lose big on shorts. Expect another big rise to follow.
I don't see FNMA being replaced. Privatization of lending is what this news is hinting to. Personally, watching the ask size all the way down, 400k share wall. This was pure manipulation today. The news. The unbreakable wall. They were herding cattle and inducing a sell off. With no public sector in lending, there's a lost check and balance.
As much as I dislike democrats, I don't believe they'll be on board with this.
And whoever just bought, ty! I'm using it pile on over the MM. He's not covering if I can help it.
Now to "fight" the MM. By regulation, when your limit is equal to the MMs limit, yours has to fill first. The MM always comes last in line. On the bid, and the ask, I've matched him share for share. Penny for penny. I'll fill first, and lock him out. You can fight MMs dirty games. Just figuring out how to and replicating them is a full time job.
Speculation:
The spread increased, but only the bid was adjusted. The MM is looking to cover at lower risk, while maintaining control of being the first to sell off. This tells me that he is trying to keep the price below his short, while the interest us forcing him to cover at a lower price. In short sum, the MM hung himself by capping the upflow on this market. Also by playing on a common psychological trigger, fear and in better detail, fear of loss, the bid continues down to shake people free to save our weary MM. In hindsight of this, raising his cap to reinvigorate volume is his only way out, when investors hold tight hands on what they already have.
On a stagnant market, where the MM killed the volume, increasing the spread up as well as down is the only way to reignite it. This MM's ask cap is what's hurting everyone here. Including himself. Until he figures that out, I'm holding.
The only successful thing the short seller did to this ticker is kill the volume. Until they readjust the ask, they're replicating an MM blunder and cutting their own options out. We have a very inexperienced short here. By capping it, we lose the most vital thing a market needs. Volume. I'll still hold. It's just the short's interest rate we're fighting... ugh.
I'm buying more. W/o a single doubt. This is going to run.
A 103m float with 100m in escrow, means only 3m is being traded. The other 300m is in the hands of the owner of the company. So with only 3m passing through here, good luck driving the price down any further, until we get more investors in here that are willing to take huge losses, because mine are looking at $1 or more. Anyone selling off for less after this with 3m active float is cutting themselves extremely short and handing someone else their ROI.
By a short seller. He's tossing out cheap shares and I'll happily take them. The short report is clear on this. Over 50% means shorts didn't cover. Under 50%, it's some retail, but overall, with a month of no news, and us holding a firm bracket of $0.045-$0.055, isn't a dump to me. We have very strong hands on this. If it were dumping, we'd be at less than $0.01 by now. No dilution, no dumping. Only a bad short that's about to get burnt.
This is better to me for firm investors and not Pump n dumps.
Picking up 25k more today was stressing, but after this PR, I can't wait to see what's around the next bend.
I smell 1.00 or better
I'll zero in on it in a few
After plugging it into google earth, it looks legit to me
1-250, rue Laval Sherbrooke, Qubec J1C 0R1 CANADA
Looks like an address to me.
And averaged myself down to $0.056 pps. I'm tempted to call novacab and scottrade for information.
Another 12,400 from a loose hand. That's that much less that didn't cover the short stack
The MM is working a 18% squeeze 0.045-0.055. Work inside of it and you can
RSI is considered overbought when above 70 and oversold when below 30. With an RSI of 14, this is due for a correction. We're at the bottom.
If this was share dumping, you'd see massive volume. This is selling on margin.
The patent itself shows the inner workings, as required by patent laws of prototypes. The tech is there.
Common short trick: post your AoN. Then post 10k behind it at the same price. Only 10k is visible, but the AoN is filled first.
It's All or none orders. They're not visible
Someone just loaded up 100k in the final minutes
Investing is one thing. Temperance. You'll see profit from it soon enough.
It's been dark? No. It's in the hands of firm investors vs a few shorts. We're at war here.
It detracts from pump n dumpers by giving an entire weekend for news to settle in. Another smart move imo
I did. The reporting sites haven't broadcast anything yet though, and that's the biggest PR push.
And guess what? It's friday. Their normal PR day! I expect after closing today, we're up on Monday.
Yep! Load up!