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Definitely possible for a strong power hour, but I think they're about to try a violent shakeout. Anytime I see this many tiny trades (especially so many 800 trades), historically it's been followed by shakedown. However, as long as retail continues to hold and not sell, we should be all good. Those trying to cover/take it down can only recycle shares for so long before they'll have to take it back up to buy....
VNDM active again today. Last time we had our fun run in Feb 2021, VNDM became active and CFGN joined the party as well. Not saying that it means anything and/or that the same will happen again, but I do mark it as a point of interest, seeing as how VNDM has been inactive/stagnant for 2+ years. Thinking next week, as well as tomorrow's Power-hour are going to be FUN!
Truthfully, if it wasn't for the VIRT+OTCN/OTCX tag-team, I believe that we'd easily be trading above .15 right now. Again, not exactly sure what they're doing, why they're doing it, or who they're doing it for, but as much as I hate to admit it, their synced up algos are very effective; and seeing as how they don't actually buy or sell any shares, I really don't see how what they're doing can be viewed as "making a market." More like "controlling a market."
No bad news coming rockie, this was to be expected. I believe there are still quite a few shares that need covering, and from what I've been watching the past few days, retail hasn't been selling to give them the chance. The majority of trading hours over the past 3-5 trading days, the top 4-6 asks have been non-retail MM's. My guess is that some likely shorted on the way up (ASCM/VERT), and others may be trying to push down to fill large orders.
When the top 4-6 asks are non-retail, and we end up with drop like this (shown below), I wouldn't read too much into it. Just trying to shake loose whatever they can, and God only knows what the VIRT+OTCN tag-team is doing, why they're doing it, and who they're doing it for. However, as I mentioned the other day, I believe that as long as we can hold above .10 when they attempt their big shakedown's, I think we're all good. The overall longer trend will continue up....
I don’t believe that would apply here, because the net of his losses + gains is still positive.
For example, if he owed $50K in long term taxes from one or several tickers, then he is showing a $250K long term cap gain. Then if he lost $50K on another ticker that was also in the long term category, the $250k gain becomes a $200K gain, and his long term taxes would drop to $40K (20% of the $200K).
What you’re referring to applies when the net result of your trading through the year is negative/loss.
If you owe $50K in long term taxes, and lose $50K on long term dead stock, you would owe the difference between two, represented by "X" below
$50K - ($50K x tax rate) = X
However, if you made $50K on a long term stock and lost $50K on another long term stock, the 2 would offset, but in the example you gave it would be X above. In other words, losing $50K on a stock would not offset the full $50K in taxes you owe.
I'd like to see "one of those power-hour closes" for the record books. You know the kind... Where we double the day's volume in the final hour of trading, coupled with a 35-50%+ increase in pps.... I'm not saying that whats going to happen, but I would love it if it did; and it wouldn't be the first time....
Truthfully I’d rather see VIRT+OTCN team gone, but as long as we can hold above .10 whenever they take it down/reset the rsi, I think we’re all good…
I've noticed that the past couple of days doc. The usuals (CDEL,etc...) have been high on the ask and not selling (part of the reason why I believe the majority of retail is holding), and all of the "non-retail" MM's (VIRT, OTCN, ASCM, INTL) have been leading with the lowest asks. With the exception of the "PAUL" & "PUMA" stretches of control, it's definitely a change from what we've grown used to the past 2+ years...
You may be right. Retail appears to be holding on to their shares and not selling, so anyone in need of covering and/or in need of filling large client orders at lower pps's, are having a tough time achieving their goal....
Agree Wick... I do expect a slight pullback/profit taking at some point, but agree that overall trend will continue up..... Also, I still believe we have yet to see anything, as I'm still 100% expecting to see MASSIVE "volume before price" (more than we've seen) coupled with a MASSIVE pps increase (more than we've seen), just prior to one of "the BIG PR's" dropping.... Just a matter of time.... Tick Tock...Tick Tock...Tick Tock...
$ENZC
Also, either there's barely any retail selling, or the MM's are intentionally not showing the full qty's on L2 (I personally believe that 99% of retail are holding/not selling yet, but that's just me). Every ask from top to bottom showing 5K or 10K, which just isn't accurate.... Games, Games, and more games....
Image below is from a little earlier, but shows what I'm referring to...
I wouldn't worry too much about CDEL/GTSM, as 99% of the time they're just facilitating retail trades. It's the VIRT+OTCN tagteam (synced up algos) that worries me most. Not sure what it is and/or who they're doing it for, but every time we break above .10, they show up in perfect sync. Only if you watch them, they don't actually sell anything. They appear on the ask together, but the second the ask falls to them they immediately bow out at the exact same second. Image below shows them doing it just a couple min ago.... They're trying to control/lower the ask, without actually selling anything. Same thing they did in January 2022.
They do the same thing on the bid side, only as soon as the bid falls to them, they bow out immediately, which drops the bid to the next level, then they bidwhack it and drop the ask further. WAsh+Rinse+Repeat.... Why yesterday I was saying that as long as we can sustain the buying/volume, we can offset them...
Well done rockie! One random act of kindness at a time can change the world!
RSI is around 87, so technically/chartwise you could say it's overbought. However, our biggest runs also came when the RSI was between 75-90.
In regards to target, we are still severely undervalued beyond belief. Their mABS for HIV only (Clone3), are valued at roughly $100B over first 11 years, which breaks out to $9.09B per year, and with the current share structure puts the pps around $3.15. This is without factoring in the AI tech, IPF, etc..., as well as without factoring in any type of PE/multiplier. My point being that even though we've had a few really good days, we are not even in the same galaxy as our true valuation.
Hope this helps.....
I hope so doc.... The exponential increase of nonsense posts (shorts in need of covering), leads me to believe we could see a short attack this afternoon (Very quick, coordinated selling to drive the pps down) in conjunction with the VIRT+OTCN tagteam. Hope not, but definitely wouldn't come as a surprise. Every time the buying slows up a little, we see that tagteam & ASCM, work on dropping us (both sides bid/ask. As soon as bid falls to them, they both bow out immediately in perfect sync shown below, which drops down to lower bid). As long as we have the buying to offset, we're all good, but seems to be a battle (that we're winning) right now...
Been seeing a lot of strangeness on L2 today as well (strange vs the past 2 years), such as CDEL being extremely inactive, VNDM becoming active, and the # of MM's showing fake 5K lots....
Yeah, I really need to try that next time. I bought that bottle almost a year ago, placed it in my bathroom cabinet, and completely forgot about it. Out of sight out of mind, I guess, but don't think I'll forget about it again....
Does the same thing on every board. Paid opposition to assist whoever's trying to cover. Just add to your ignore list....
Will definitely try this next flare up. Thank you!
Liquid
I thought I just rub some into the affected area, but have to wash hands and area with hot water to ensure there is nothing else (soap, dirt, etc...) on either, because the DSMO will carry it into body...
I actually purchased a pharmaceutical grade bottle of DSMO, but have yet to try it. Been sitting in my bathroom cabinet for a while now, and I keep forgetting about it.
LOL..... I was dreaming of being back at the clubhouse while I was out Jim! Looking forward to seeing we have on staff this time around....
Thx BDEZ.... Happens 1-2X per year, but for some reason this time was particularly bad and my choices were have an unusable right arm for at least a week or bite the bullet, take some prednisone, and deal with no sleep for a few nights. Because it's nearly impossible to walk the dog & pick up after him with only one arm, I really had no choice but to bite the pred-bullet and deal with no sleep for a few nights.... All good now though...
Will definitely check it out. Always open to anything natural that will help! Thx DRHUMI!
LOL.... I wouldn't worry too much about my posts Rockie.... I think we're gonna see some ups/downs moving forward, but hopefully with an upward trend. As it moves up, we'll see profit taking, RSI resets, and some shorts (ASCM/VERT) trying to push down so they can cover, but as long as the buying keeps up, we should maintain an overall uptrend.
The way Im viewing this now is that if we can hold above .10 (VIRT+OTCN Goal line), we're in good shape!
Yeah, pretty sure ASCM is definitely attempting to cover, but I still have no idea whats going on with VIRT+OTCN/OTCX. Whenever we break .10, they immediately appear with perfectly synced up algos, dropping the ask every chance they get (buying stops or slows). The second that their asks are hit, even if only hit for 1% of what they're showing, OTCN moves up to the highest ask and VIRT disappears (Snippet below shows it perfectly. Highlighted in red means they're disappearing and green is reappearing, while the highlighted OTCN at the bottom just showing they just dropped there). Exact same thing they did in January 2022...
I had a severe R.A. flare up in my right shoulder last Friday, and couldn't even lift my right arm for 2 days. I usually don't take any type of pharmaceuticals/prescription meds (Vitamins & natural supplements & IPF), but this was bad enough that I had to take a 5 day prednisone pack. The problem with that is whenever I have to take prednisone, it prevents me from being able to sleep, so Friday-Sunday night, I got a total of maybe 4 hours sleep combined. Last night was the first night since Friday that I got at least 4 hours sleep, and got my shoulder back to about 80% now..... Not a fun weekend.....
Need to keep it up to offset that tagteam. Looks like ASCM is trying to cover whatever they shorted yesterday, and VIRT + OTCN making it easy for them... A few minutes ago the ask was at .1245 and VIRT + OTCN jumped up and dropped to .118, then within seconds dropped to .1165..LOL... That's almost a full penny drop from .1245 (they're trying hard), but as long as buying pressure and bid support continue, we've actually got a decent shot this time!
Wick & Redwing - I dont disagree with you about trading being different. Once we "officially" broke the 2yr pattern the other day (broke 065, then 079, then 0988 / post below), I stated the same thing about seeing bigger/better pps to come . The only point I was making today was not that I expect us to keep getting pushed down and/or go back to the pattern, but rather that seeing VIRT+OTCX repeat what they did in Jan 2022 caught me off guard; and if they keep doing it, I believe it will take additional news/PR's to break .10 & sustain it. In other words, I never said we wouldn't or couldn't do it, just that it would be a battle and take some serious volume to do so.
LOL..... It's all good Timing.... I hope you're right about the .088. I was genuinely shocked to see the VIRT+OTCX/OTCN tagteam re-appear the other day, the second that we hit .10, to push it back under. I honestly believed that we were past that.
I'm not saying that we can't get beyond .10, but I am saying that as long we're battling the VIRT+OTCX/OTCN synced up algo-tagteam, I believe it's going to take one hell of a PR to sustain it.
The problem I see with VIRT and/or the reason I've put so much focus on them is that they've only blessed us with their presence here at ENZC 2 times (3 including today) over the past 2-3 years. The first time was Jan 2022 when they synced up with OTCX and hit us with the most obvious & aggressive pps manipulation that I've ever seen, to drive us from .16 back under .10. The second time was the other day, and I don't believe it was by coincidence that they once again re-appeared completely synced up with OTCX/OTCN at the exact moment we broke .10, and then they pushed us right back under in the exact same fashion they did back in Jan 2022. The 3rd time was today. My point being that when I see them appear, based on what they've done to us in the past, I interpret it as a signal that we've reached whatever artificial ceiling they have set, and are likely being pushed back down. What makes them so much different is they never actually sell any shares (or very, very few at most), and instead simply use their algo to drop the ask when buying slows/stops (forces other sellers to drop below them). If somebody hit's the ask, even if it's for a 100 shares, they immediately bow out and wait for it to stop again before jumping back in and dropping it further. It tells me that whatever they're doing is not about selling any shares or conversions, but solely about controlling/dropping the pps.
Like most on this board, I was expecting a pullback/profit taking, so I was expecting to see a couple of red days, and was actually thinking that we'd start climbing again afterwards. However, after seeing VIRT back at it, I'm not sure what to expect...
Guess I spoke to soon about VIRT. Appears that 08 is their new .10….
Yes Catpole, they are definitely stacking against/under 08, and appear to be back to their old/normal games/pattern (chart below is typical trademark of "the pattern." Artificial ceiling set/locked at .08 first thing after opening bell, followed by the 10:30 cliff-drop takedown.).
That said, I believe we'll need something to get volume/buying going again. Something considered "Major/Tangible/Definitive." Also, I personally still think we need to SEC Reporting before we gain any real, sustainable upward traction, but hopefully I'm wrong on that....
Looks like that volume we were having for a while has dried up a bit (although still a little higher than our avg over the past year), but the 3 amigos (ASCM, VERT, PUMA) are still here and appear to be back to their games. Fortunately, at least for now, I don't see VIRT anywhere, and I don't expect to see them unless we start getting close to 09-.10. However, with VERT & ASCM back to their shorting, PUMA back to their games, and volume slowing down to where it is, I don't believe we'll see .09-.10 without some kind of additional good news/PR. In fact, it appears that they've set an artificial ceiling at 08 this morning, but it is still early.
I think the majority of us new that we'd see some kind of pullback from profit taking, but I did not expect VIRT+OTCX/OTCN tagteam to immediately show up yesterday when we hit .10 and repeat their 2022 takedown/hold. Although .10 is not necessarily special and we'd still be severely undervalued at .10, I think it's going to take something major/tangible/definitive to break & hold above it. When VIRT & OTCX/CN sync up their algos like they did in Jan 2022 & yesterday, it is literally impossible to move up without MASSIVE & sustainable volume; and something from Charles that is major/tangible/definitive is the only way I believe we get that type of volume.
Anyway, we'll have to wait and see what happens, but for now it seems we're back in the hands of ASCM, VERT, & PUMA, as they work to push us back down....
They’re not actually gone. They just disappear when buying is heavy (they don’t want to sell or buy anything) and reappear as it slows down, so they can drop it without having to sell any shares.
With the exception of the VIRT+OTCX/OTCN tag team, the rest of this was expected. We had something like 8-10 Green Day’s in a row, so we knew that some profit taking coupled with ASCM Short/cover & PUMA games was coming our way. The only thing that really matters is how we come out of this.
Once this bs is over, will we continue climbing up, or will they erase it all and push us back into the pattern? We’ll need to see how the rest of the week plays out, and especially if VIRT+OTCX/OTCN are sticking around/staying active…
Findit - I'm not sure how long you've been here, so my apologies if you already know what I'm about to post.
"The pattern" that I've been posting about for the past 1.5-2 years really took form beginning in January 2022, as a result of VIRT+OTCX syncing up to drive us from .16 under .10. As I just posted a few minutes ago, VIRT does not actually buy or sell any shares, and instead just uses their algo to control/drop the pps. Once they achieved pushing us under .10 back in January 2022, they disappeared for good, until today at the exact second that we broke .10 again.
In regards to ASCM, I would say give them some time. I think we're about go on a violent/bumpy ride, which is when they'll jump in to assist pushing it down to cover. We'll see.... Hope I'm wrong about this, but truthfully I though we were done with the VIRT+OTCX/OTCN BS.....