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It's a case by case situation - but sometimes when I've seen that going on, I've put in an order for 3 ticks up and cleared them all out 1 by 1 in a hurry. Good sign!
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Let me guess. They filled 10,000 and promptly moved the ask up........?
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VNDM just signaled to NITE and CDEL who are short - "you're on your own!" BTGI moving up up up
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The first .0045s actually skipped the bid of .0047
BTGI
Both working in tandem
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It could be they have order for "Up to 10 % of the daily volume with a positive ave weight". Anybody's guess. I know the shorts were also covering @ .0046 when I bought back in. Hey I'll sell in the 60s and buy in the 40s whenever I can.
I'm glad we all got this additional opportunity to get in at a lower price, because when it does run w/o dilution - it's GONE!
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I'm with ya. Just got some .0046s
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News next week will send this flying! With conversions done now, and news on the way, we are climbing today. Just a matter of time.
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Good morning all.
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Yeah we are already lookin good and it just gets better from here!!
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Today was just clean up of loose ends and a preview of the rest of week and next week with the upcoming news next week. Looking foward to tomorrow opening and beyond! Any kind of hint at what is coming by CEO and this thing flies. MAY GAP UP JUST IN ANTICIPATION OF NEWS.
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News coming soon. I don't know exactly when. Coming AFTER conversions were done - and they are DONE! We will see..........
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If news comes out pre-open in the morning - this will GAP HARD!$!$!$! AND SOME PEOPLE KNOW IT
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You better grab a telescope $$$$$$$$
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BTGI will run to .0080s in a heartbeat even with flippers IMO JUST FOR STARTERS!
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Yes. And I like the way BTGI is now trading "Clean". Good times here.
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I'm almost home now let's make some money!
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There it is 5.8 mm! We are GOLDEN!!!!
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Congrats Wolf. See you at the top of the elevator - this is a SKYSCRAPER!$$!$!$!$!$!$!$!$!$$$!$!$$$$$$!$!$$$$$$$$$
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THANKS Garyst. So if I'm thinking correctly, for sell orders, that would mean Etrade was out of my shares - meaning NITE or CDEL either covered, or that they were shorted to another broker. Could go either way depending on the stock flow. I can usually tell what is going on by other factors.
Thanks again. This helps me sort this out in some down time. I really appreciate your posts sharing.
green dolphin
Yeah as I was typing that, there was a 12mm print lol. I think we are getting close.
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I guess the real question at this point is "When will the T-trades disappear?" It could be that they are selling "UP to 10% of the daily volume" (which is about what we saw yesterday)and when we see less than that, I think BTGI will run up quickly. I hope so. To be honest, I didn't see the T-trades coming - I should have - lesson learned. I need to get up to to .0050s to get home, but I'm not worried.
Next times I'll try to trade better. But for now, as uncomfortable as this waiting down here is, I have no choice but to wait for the conversions to complete. Watching for the T-trade ending signal.
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After taking a position in a stock I sometimes put up sell order for only about 30 seconds just to see who it will come up with. I'm with Etrade - and usually it come up with them. But sometimes it will come up with NITE or CDEL. So..... does this mean they are covering? Does it mean someone is shorting it? Can it depend on something else I'm not pointing out? I think the MMs were just ruthlessly shorting it and taking it down one time last week when this was going on. I got out fast only by putting my sell under the bid.
TIA
green dolphin
Forgive me for being unaware, but what hand could they be showing? tia
A few times today I put in a random sell order for only about 30 seconds just to check who it would come up with. I'm with Etrade. And most of the time it was coming up with them. But a couple times it came up with NITE instead. Does that mean he was covering? Or perhaps there was someone trying to short it there? (very dangerous imo) What does that mean, or can it mean different things? Anyone,,,,,,TIA
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bid and ask came together @ .0044 and .0045 Here We GO BEGINNING CLIMB UP
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I was with you on that last one (made a killing!) and came over here yesterday. Then added more this morning with these redicerous prices. I've got to learn to wait just tad longer to pull the trigger - but I'm going to do very well here with everyone.
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Looks like that was it! Time to move up. A little more clean up and the bid and ask get closer and then..........................$ $ $ $ $ $ $ $
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I don't know if anyone is still being squeezed or not - but we are going up! This is STRONG!!
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So NITE and CDEL finished covering? Now ready to climb.
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So I put in a sell order for 30 seconds @ .0031 just to check. I'm with Etrade but it came up with NITE. Please confirm or correct me about what that means. I am thinking that it means NITE is still covering? Right???? TIA I IMMEDIATELY CANCELLED the sell order because I am NOT selling - I am holding out for next week.
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So today the AGRESSIVE shorting continued and the only way out is to undercut the bid of the MMs. Brutal. This is why I got out yesterday, and what I meant by be careful. Hey if you're short - congrats.
SFOR
NITE too.
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Is CDEL still covering? Any others????
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This is exactly what I was talking about. Trade well.
SFOR
That's got to be lookin very good on your balance! And getting better and better.
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For those who NEED to get out - you will have to undercut the MMs who are being vicious with this. Be careful.
Right. DLCR looking great. SERIOUSLY.
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What happened today was terrible. Welcome to the wild wild west of stock trading.
I am currently not in SFOR. I got in today after I saw the dumpage and got out when it stalled on the way back up and I saw the aggresive shorting going on. Today was orchestrated and it was illegal. Now get over it. Make money with the MMs or get out of the way.
Best wishes everyone. But tomorrow could be brutal. Be careful.
There it is!! Now we gap up! lol
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Do you realize that every time you've said "ouch dropping" it has gapped up. lol If you keep it up - people are gonna start using that as signal to buy big!
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