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I don't know anything specific about the bid for 1,000,000 EPGL shares that was on ARCAEDGE earlier today. However, sometimes others & I put bids (or sells) on there early on because it accepts pre-9:30 live orders for penny stocks even though most brokers/mm's don't. Later on, sometimes we break up the orders for various reasons.
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While most gaps get filled, many of the most powerful moves leave them unfilled forever (or at least for a very long time to date). Furthermore, sometimes it takes a gigantic overall bear market to fill them.
Like pretty much everyone, I don't know if that particular one will get filled or not, but EPGL has another one at much, much lower prices (around .02+) that people said would get filled, but if anyone waited for that, they lost out big time!
Re the patents and any similar material:
I don't know about this case, but sometimes they are issued in the names of employees or related parties, etc.
Does anyone have a consolidated list of any that are known?
Ditto re things like FDA & foreign drug agency approvals.
Thanks.
I had a bid in at .07 before it got down there, and apparently it traded at that price, but I didn't get any.
That probably just about guarantees that was the bottom! :)
Does any know how many shares outstanding there really are for this thing?
The 3.02 million figure on here, OTC Markets, etc. can't possibly be right, especially after the recent changes.
Thx
I assume you mean the gap at around 0.022.
While many gaps do get filled, as vikingzskillz said many that don't lead to gigantic moves. Plus some that did get filled over the years were due to unusual ultra short-term moves like flash crashes in the market or a stock. Sometimes the stocks recover in minutes.
I noticed that ETRF & CDEL have been putting up some huge buys at around 0.0330 for a couple hours. CDEL now has buys for 842,000 shares!
Anyone want to help them out? :)
As you say, these are just some of the big gainers. There are far, far more that dwarfed EPGL's %age gain --- including lots of stocks that went up 10,000+%. Just recently, some of the pot mania stocks did better than that! The biggest one that I know of was up about 49,000% at its high.
Even lots of NYSE, AMEX, and NASDAQ stocks over the years have gone up more than many on that list. Many tech, biotech, gold & silver, casino, etc. stocks have been enormous winners --- sometimes very quickly. Of course, figuring out the huge winners ahead of time is not always so easy. :) Ditto for when to sell. Many do well for a long time. Naturally, many others hit the tubes.
Is 8/29 the announcement date for the product for the big company, or what?
A Schwab broker told me that a customer bought 999,999 BDPT at 0.0001!!! (I think that’s the max qty that their system allows for automated customer orders.)
However, it was canceled due to an error, and he got only 30 shares instead!
I don’t know if the customer found out about the mistake quickly. OR if later on, he thought he was an instant multi-millionaire, and then learned about it. :(
Especially if the change came back much later, the customer might have FINRA check it to see if he really was due more shares or even all of them.
I was wondering about the float too. Are any of the other 10 million or so shares beyond the 2 million from the Hemp spin-off in the float? Not all the spin-off shares are necessarily in there either.
It's amazing that some of these are going even far more berserk than the pot stocks! At least as I understand it, this one is not pot related even though it was a HEMP spin-off.
Does anybody have any idea if BDPT has anything that is a real product that might be a winner?
Yesterday a market maker said they would do a naked short & sell me 10,000,000 shares at $0.0002, but my broker wouldn't let me buy it on margin so I said, "Screw it!" :)
1,863,000,000 BAYP shares outstanding
AON is usually not best. For starters, you go behind all the unrestricted orders at any specific limit price. If you leave it off, and only get partially filled, you occasionally may burn some commission for a small investment, but at least you generally get it at the best price while your order was in.
BTW, at many brokers, even discount brokers, if you buy some tiny amount of stock because of a partial fill, sometimes you can get them to waive the commission. I've actually had partials of 1 SHARE at $0.0001, and that was all that I bought the entire day for the orders.
I don't trust those kinds of short numbers that often are tossed around for EPGL or loads of other stocks. Exactly how are they calculated?
Anyway, for stocks that had only a few trades for a day, and I or others I know were the only sellers or accounted for a lot of the shares, they couldn't possibly be right. None of us were short sellers, and for many of the stocks, our brokers wouldn't let us short even if we wanted to. Maybe they are trades on an uptick or whatever???
Also, when the usual reports are released as/of every 15 days or so for stocks, the total shorted often is very small (or even ZERO) compared to the daily volumes for loads of the stocks. Here are the recent OTC Markets numbers for EPGL: http://www.otcmarkets.com/stock/EPGL/short-sales
Michael Bay would be a huge TRANSFORMATIVE force! :)
It looks like some idiot dumped some moderate qty of EPGL shares at the market or something like that about a month ago. He (or she?) happened to hit one of those quasi-vacuums that sometimes develop. Without earthshaking volume, it set the yearly low, and immediately popped back up to about where it was trading at the time.
It was another Flash Crash! :)
Obviously, EPGL is acting really well. Does anyone know if there is a product or other announcement that might be out soon?
BTW, there are lots of data processing bugs that are related to these multi-billion share volumes, bid/ask-sizes, etc. Almost nobody knows about some of them.
Sometimes + numbers show as -.
Also, when a market maker's bid size or ask size gets somewhat above 2 billion, it overflows 32 bit processing, and IT DISAPPEARS FROM LEVEL 2!! Not even the company abbreviation is there.
I saw that happen for both NITE & ETRF for the same stock on the same day. Until I notified FINRA of some of these lunacies recently, they said they had no idea about them!
If you mean that you've never seen such a high volume in ANY stock, there have been far high daily volumes than this. I remember there was in one of the pot stocks recently.
Regardless if it is this stock or any other one, your broker should be able to get you 1's when that it is the ask, at least until they are all sold.
Some may not want to take the order if the stock is not DTC eligible (for electronic processing, etc.), but others will take those orders.
Whatever the problem is, you should try other brokers, but be sure to check the commissions carefully. Some charge extra for stocks below $1.00 per share.
Vol on this site is way to low, and it is not accounted for because of 15 min. delay.
About 600 MILLION too low now.
Does anyone know if this is a known bug or whatever?
Anyone know why BZCN is zooming?
I can't remember anything like this MEGA-HUGE volume!
AND there's still 2+ HOURS to go.
People take shares as payment to promote THOUSANDS & THOUSANDS & THOUSANDS of companies!
It makes perfect sense. Loads of shares can sell at the ask. Also, at times there was a bid of 0.0001. I've seen many of these kinds of stocks flip back & forth between no bid and 0.0001 bid many times a day. For example, this one yesterday. A small amount even traded at 0.0002.
Elis_coming, it does cause an overflow in the 32 bit calculation/display systems that often are used in Level 2 and many other places.
2147483648 is 2 to the 31st power, and that requires one more number (or bit) than 2147483647 does in binary representation. However, that specific bit often is used for the sign bit. If the sign bit is set = to 1, the number is treated as negative.
If say a 64 bit system were used, the overflow would not occur until the number got to 2 to the 63rd power ---- a super mega-humongous difference! Even pot stocks don't have anywhere near those kinds of bid/ask sizes, daily volumes, etc.
The answer to “More re display size: Today's not so trivial trivia question!”
--------------------
Q: Who know what happens on Level 2 when a market maker's bid size or ask size goes above 2147483647?
Yes, this is happening more often, especially in pot stocks. I've also seen cases when it has happened concurrently for more than one market maker for the same stock.
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A: It exceeds the numeric capacity, and disappears from Level 2!
I’ve seen this happen for NITE, ETRF, etc. They just aren’t there on that side at all. At least, that’s what has happened on every one that I have checked.
Worse yet, there are related problems that relate to such overflows that turn on the high-order bit in a word or other computer representation to “1”. That is often used as the sign bit, and “1” denotes a negative number. Many such multi-billion share positive quantities display as NEGATIVE NUMBERS in many stock market applications. Similar problems occur in many other areas. They are easy to correct, but often aren’t, even when multi-trillions of dollars are involved.
These kinds of things have been going on for OVER 50 YEARS! Maybe someday, they’ll get around to correcting some of the lunacies.
More re display size: Today's not so trivial trivia question!
Who know what happens on Level 2 when a market maker's bid size or ask size goes above 2147483647?
Yes, this is happening more often, especially in pot stocks. I've also seen cases when it has happened concurrently for more than one market maker for the same stock.
Yes BigBake1, that's right. AON orders go to the back of the line. Often they get executed only because the security went through your limit. I think it's usually pretty ridiculous to use them, but there are some exceptions. Anyway, usually I'd rather get stuck with an occasional extra commission than have extra risk that my order NEVER gets executed.
BTW, re orders that do not need to be displayed:
Per the list that was posted on here, All or None (AON) orders also do not get displayed. That is because if someone tries to hit one, but with fewer shares, there won't be enough shares to fill it (unless there are also some from other orders).
Specialists, market makers, etc. sometimes take orders that come in, and then may fill the AON order when they get enough shares, sometimes just for "good business" reasons, as a plus for brokers to try to get them to send orders to that venue, etc. Of course, the specialists, MM's, etc. don't have to do this. There would be market risks to do so.
There is NO halt!
As mentioned elsewhere, there were a few sales below bid. Times & Sales reports have a special code for them (as often happens for sales outside the bid-ask range).
Typically, they are cash, next day settlement, average price, etc. trades. (Sometimes people are so desperate or stupid that they give up large amounts to get the money 2-3 business days earlier, and they often get screwed by market makers & specialists. Ditto regarding blocks that easily could have been filled by the bid or ask, as appropriate. Also, some negotiated sales are reported with a price per share that is rounded to say 4 decimal places. That can be a huge percentage difference for very low-priced stocks.)
IMO, some of these kinds of misleading reports, errors, etc. should not be included in high/low data. BUT sometimes they are and mess up tables, charts, etc. FOREVER! Even some huge companies have idiotic charts, yearly data, etc.
As others indicated, it can take weeks to get the new shares sent from reverse splits & other reorgs by small cos. It even happens for just a symbol change with no reverse split or other reorg! I think it saves them money. It seems ridiculous that the SEC lets them do this in a "modern" age, but they do. Of course, the SEC often does loads of crazy stuff.
The Sec logo: "The Investor's Advocate"
I say, "With friends like the SEC, who needs enemies?"
There once was a rumor or notice of an r/s. Then it supposedly was cancelled.
Is this related to the takeover? (I didn't see it in the version that I read.) Or related to the OTCBB status/change? Or was it not announced before today, is not connected to those other things, & it just came out of the blue?
Thx.
Re the comment about "dead stocks": I've seen some of these that are dead for one or more years go up 50, 100, or even far more times!!!
If you don't believe it, check the chart for TTDZ. I had it but sold way, way too early.
My best one that I sold all or part of was up 36 TIMES when I sold some, but it has been even higher sometimes! Oddly enough, another great one that I still have part of did not take off because of MJ! :) It was completely different news.
It's hard to sort out the real ones from the "pump and dump" jobs so sometimes I just buy baskets of them. Plus, often by the time there is news, they already have moved way up.
Here comes the guy selling a whole 100 SHARES at 0.0001 again!! LOL!
I see Goldman & the big boys do the same on NYSE & NASDAQ stocks.
This is like Ackman vs. Icahn in miniature! (They’re big time on the opposite sides of Herbalife.)
This is hilarious! Apparently, one guy sells at 0.0001 100 FIVE times to try to make it look weak. Somebody else buys 1000 at 0.0002 several times to try to make it look strong!