Chilling
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Well clay and his shorts did his job and the shorts pushed it down to finish up the dilution and to let his cronies reload cheap. Monday will probably test the 018 mark and maybe close around there. Then the rip will most likely happen to the upside. Have watched his stuff for years and been on the bad side of it most of time. If the dilution machine hasn't stopped then look out below! One other clue is that hovering around 01. Lets hope the machine has stopped! Been a tough week for the ones caught on the wrong side of this.
Good analogy of the last couple days!
Another week like this going to start a BHA club!
Week before too!
Tough week i know. All mine are way down this week. Still think this is going big time over the next couple weeks. CYIO was tough at times and for a while. Sorry for getting you into this when you did. Been a hard week!
Hope you and your wife are doing better!
lol. Seriously?
At the time was 924k
Debt conversions-dilution?
We will see. I bought some at .004. Headed straight down again. lol
This has moved from trips to the recent highs. That was a massive move for this. Got stuck in this back in 2016 before the name change and r/s. Never thought it would ever get back out of the trips with the bloated S/S. But now seems everything with Bloated S/S's have moved. Some more than others. Is there more for this? %4500 or better for most here from .0001.
Software vs burgers and pizza? And they are Pink Current!
They need to get current so we can see what the s/s is now, How much debt conversion is going on and if any new debt has been issued.
Yeah, those big steel balls they keep talking about! lol
Think everyone has. lol
What is a Form T-Trade?
There is much confusion and rumor regarding “T Trades” in the penny stock market. Nasdaq Pink Sheet stocks often close at a certain price and, within 3-10 minutes after the closing bell, will show a large final trade that gets labeled as an “after hours” trade. Simply put, this is an inaccurate description of that trade.
To understand how this trade works, one must understand the role of the market maker. The most frustrating aspect of investing in the pennies, is market maker manipulation of the stock price. Anyone that claims this manipulation doesn’t happen truly does not understand the OTC Market. Market makers are in place to “control” the price of a stock and, theoretically, to ensure that the market reacts properly to supply and demand for a certain stock. Unfortunately, when large sums of money and a lack of regulation are involved, more often than not, there is manipulation that suits the needs of certain investors or the market makers themselves. After all, they are in business to make money as well. If the average investor is purchasing stocks in the OTC Market, that investor is truly at the mercy of the market makers involved in the purchase and sale of that security.
When researching this article, The response from the SEC defined a “Form T Trade” a “trade reporting form used by broker-dealer members of the Financial Industry Regulatory Authority, Inc. (FINRA) to report equity trades executed either in the OTC market or during extended hours trading. Recent amendments to FINRA rules will expand the types of situations in which Form T is to be used, but they are not yet in effect.” The response also recommended contacting FINRA. Notice the first portion of the response. “either in the OTC Market or…” Once again, it is confirmed by the SEC that ”after hours” trades do not exist in the Pinks.
FINRA was much less transparent in their response and essentially spewed the same limited information regarding T Trades that is available on their website. None of which, accurately reflects why these trades occur in the OTC Markets. (http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p123750.pdf)
Trying to decipher the meaning of these trades with the limited information that is available on the subject led down several dark paths. Clearly, the average investor is not meant to understand the concept or its rules. Even more disconcerting is the second part of the SEC message “Recent amendments to FINRA rules will expand the types of situations in which Form T is to be used, but they are not yet in effect.” That means there is even less transparency about this mysterious T Trade.
After months of due diligence, there are a few poorly publicized uses for a T Trade. The most important factor here is that the only requirement of market makers by FINRA is that they must report all trades in a day. They are not required to do so when the actual trade occurs.
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
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To execute a Market on Close” order, a market maker may have an order to purchase the stock at a certain price at the end of the trading day. This is the most unlikely scenario because it needs to be assured that someone selling the stock and someone buying that stock are agreeing upon a price. Simply put, this is more likely with insider buying and selling.
The T Trade that the public sees is nothing more than one or all of the above scenarios. The T Trade reported at the end of the day can be from one market maker or many involved market makers. It can be a single purchase price but is usually an average of all of the previously unreported purchases from that business day.
Penny stocks are an exciting and lucrative business. As most everyone will tell you, it is not for the weak of heart. There is definite money to be made in the OTC Markets and more penny stock millionaires are made every day. But the best way to win the game is to know the rules!
One additional fact surfaced about market makers while researching T Trades. Did you know that market makers are not required to honor their offer price? That is correct, because the OTC market is essentially a “best offer” market. If a buyer meets the asking price for a security, the market maker can, and often does, decide to rescind the offer, not sell the security and adjust the selling price.
Happy Trading.
Maybe the hedge funds are getting there revenge. %98 of what i looked and on watch have all been red. This one has been dilution and or debt conversion on top of everything else.
Guess they got there flip for the day!
lol Not a short. Nice try though!
We will see. That 1.2-1.3m @ .0325 is still hanging around. Well it just dropped. Get past .035 and here might be hope.
You were saying? lol
So it can drop like yesterday and today?
Doing what they do best. More dilution.
Dumping and dilution continues,
TDA does restrict some CE stocks but not all.
Simply put it is called toxic financing. The company issues a bunch of shares for a small amount of cash and rarely pays the lender back. Then there is a conversion rate on the shares issued which are many times the amount received and or at a discounted rate or both. Once held to term they sale them into the market for a huge profit at shareholders expense. Trading 101
May get them tomorrow the way this is going.
Loaded! About to take on water!
Is this the launch area? Moving sideways at the moment.
I suppose he-they new that the news would be out today so they front loaded. I expect we will see the result of that today or the next few days. If it runs good today i would imagine he will be back.
Can it turn green before the close?
Yeah, most of mine are down!
looks like Clays group at it again!
And clay shows up for another short day!
lolol Now that is funny with this o/s.. hahaha Not that i want any!
Mersky merging with himself? That ought to work out real good for noho share holders. lol
youtube @ 'Innerscope Hearing Technologies Inc
Once a scam always a scam!
How is your wife doing? Better i hope.
Sometimes. Gives my butt a break from sitting at the computer all day.. lol Keeps wife from fussing at me for not doing other things! lol