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Reuters did an analyst report on VPRO last week.
No earth shattering revelations, they see them as a developing company who have reduced administrative operating cost by 84% over the last year. Be interesting to see what the updated financials look like when they are release the end of the month.
Amazing how the tone of your posts have changed.
Do your thing Hack, you certainly got the best of the nervous holders who bailed out with loses to your gains.
If this is what you, as you said, "do for fun" then I feel sorry for ya.
Looks like Hack got his .027 boat load.
Nothing beyond their last PR which targeted the financial audits to be completed "by end of February"
Totally agree on this. While I would love for the games to continue till the end of the month so I can have some more funds to load up again, I have a feeling that when the new financial reports are filed at the end of Feb the MM's will lose their grip on this, and .03s will be a memory.
well so much for holding the .03s, can't believe people are selling at the bid and churning this thing for a few bucks profit at time.
CSTI back at their old tricks:
ASK .0325 when the Price is sitting at .033
Well that was my last load up at .0331 which has gotten my avg pps at a nice level and 180K in VPRO gold. Time to sit back and wait till the Financial updates at the end of the month.
GLTA
CSTI looks to be making some sort of play, .0319 on the bid, .032 on the ask
was wondering what was going to move first, bid or ask.
100K at the bid
Yep green close, but horrendous volume. Next week should be an interesting one, I had a 80K bid which went unfilled all day.
CSTI back on top of Bid and Ask. *fistshake*
CSTI Locking things down at .028 bid and .029 ask?
Got some more funds cleared today, which means I am looking to load up more at these levels. Problem is no one seems to be selling! I have my order in at the .0275 base of yesterday.
Hasn't been any more word from IR.
Looks like the next support is at .025
I don't see this dipping below 03 today, but agree that there is definitely pressure from the MMs to get it under so by the end of the week perhaps.
Looks like NITE and CSTI are both playing the same games
Wow this is THE tightest I have ever seen volume on this stock. 25K just went at the ask .035 from NITE and now NITE is 0.35 on the bid?
Anyone have any insight on this play?
Looks like NITE will try to shake one more time. I might get one last chance to load up after all.
wonder if we will make it out of this week green?
Its at the pps that originally bought in at now although my avg is a bit higher because I loaded more through out the week.
Maybe I should have sold more when it went up? Sucker or Visionary? Only Time will tell, but I am not letting scumbag MMs shake me out.
GLTA
Just a curious thought: what percentage of the OS do you think we 'the people' on this board actually are holding right now?
Serge appears to have 1.5% Claude about 3% and I know just by reviewing the previous posts there are a couple of posters who hold a fair chunk themselves.
Got to expect them to continue the down pressure for as long as they can on this, until the Feb deadline comes close or other factors make the PPS pop.
MM's have been "putting the boot in" as they say in the old country. I have some more funds clearing next week and will continue add at these levels.
Yeah not really worried that eventually the MMs will lose their grip on this. If we are still in the 04s next week when some more funds clear for me I will be loading up some more.
Urgh I spoke too soon!
looks like noone is hitting the bid, which is sort of comforting
Volume has been the lightest I have see it since the initial run
+1
This is not your usual casino pinky nor is it "Press Your Luck"
Everytime I see this person post all I see and hear in my head is "Big Money, Big Money, No Whammies!" It detracts from the forum and good information that is being provided here.
Back in the initial run we had the same kind of posts KiaranMcLaughlin I think was one, happily he faded away.
Have a read at this, he covers their shenanigans pretty well:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59077914
Only stupid questions are the ones you don't ask I guess.
MMs are Market Makers, the are companies or individuals who perpetuate the trading of stocks. When you add a bid to buy they will sell you stocks, when you ask to sell they will buy. Each of the actions they take they are looking to make a profit.
The problem arises when they take actions to manipulate prices in their favour. If you check back in the recent weeks post someone addeda very nice article about some of the "shady" practices that some MMs take both individually and collectively.
Forewarned is forearmed so to speak.....
GL
Hope so. While I feel for those who got robbed this morning, I am quite content that I picked up another batch at .05 today rather than the .06s that I was expecting to pay.
What's sad is they are succeeding, because some are caving to their pressure and selling off, and those poor slobs who have jumped ship with a loss are going to take another kick as the MMs run the PPS back up in the near future.
Someone is selling, I just got a 20K filled and have gotten my target accumulation. Time to sit back and relax.
I agree with that sentiment, already we are seeing the "Hoorah" "ZOOM!" pump posters arriving looking to make their days take, not only doing their pompom routines here but on other forums too. The result will be the MMs will continue to get their way with the volitility, until the serious investors remain once again.
Morning fellow VPRO longs.
Got into the office late today due to a Winter storm, although this news makes me feel warm inside. I am guessing now this might have been the reason for the MM accumulation yesterday. The ask seems to be looing like they are going to let this run today. Less than a min to go......and we are off!!
Hehe yeah hindsight is a wonderful thing!
Wish I had such a nice chunk of this beast.
I am in for 50K of shares right now, but definitely will add at these prices if they hang around!
GL
Serge is no longer an insider, but still has an advisory role with the company. They have an agreement which precludes any transfer of priviledged information to him. Add to that the fact that if he had waited till the next day he would have made 5X what he got from those sales.
The tone of your message suggests he did something shady and I do not think that is the case.
Possibly as part of his deal for change of roles and responsibilities with the company? I notice the avg price listed is 0
Yes folks these are the guys on top of bid and ask:
Pershing Trading Company, L.P.
Pershing Trading Company, L.P. (CRD #36671, Jersey City, New Jersey) received a censure and fine of $10,000. Additionally, the firm was required to revises its written supervisory procedures to achieve compliance with respect to applicable securities laws and regulations concerning firm quote compliance. According to the findings, the firm, as a registered market maker in securities, failed to execute orders presented at the firm's published bid or published offer in an amount up to its published quotation size, and thereby failed to honor its published quotation. The findings also stated that the firm's supervisory system did not provide for supervision reasonably designed to achieve compliance with respect to applicable securities laws and regulations concerning firm quotations. The firm accepted the fine and censure but did not admit or deny the accusations. (NASD Case #CMS010139)
WOW Nice green on my screen after I come back from lunch!
Let's see if this continues or if the MMs and daytraders start their shenanigans again.