Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
As long as we can hold above .10, we should be good. Remember, the goal of the VIRT + OTCN tagteam is to drive this back under .10, at which point they disappear until .10 is breached again.
Given the settlement date on Monday, I was expecting to close green today, but not so sure anymore... However, the RSI needed some cooling off anyway before next leg up, so I still think we're good moving forward.... Also, I believe there are a lot of games going on right now to shake shares loose. Whether that is for those who need to cover (VERT/ASCM) or those just looking to fill orders with cheap shares, games are games, and they're shaking as hard as they can right now....
You and me both rockie. Although I believe that if we can break above .1268 and see some strong buying into close, I don't think .14's are outside the realm of possibility.... Not saying that's what's going to happen, but definitively possible...
rockie I think this little pullback was to be expected. How many green days in a row did we have? Also, as I mentioned earlier, I'm pretty sure both ASCM & VERT still have quite a bit to cover before Monday's settlement date, so a coordinated shakedown was a given.... Lets' see what happens this afternoon, as I still believe we could see a rally end of day.
Truthfully I'm not even sure how what they're doing could be considered legal. They are NOT making a market, they're attempting to control the market/pps.
On the ask side, they don't actually want to sell. Anytime the ask falls to them, VIRT immediately bows out (red highlight) and OTCN moves their ask to $5.25 at the exact same millisecond.
On the bid side, they're attempting to lower the bid as quickly as they can, so they match the top bid, but the second that top bid gets hit, they both disappear, which drops the bid down lower to the next highest bid, which they usually whack immediately, then drop the ask....
Wash + Rinse + Repeat.
The above is exactly what they did in January 2022, but we have more going on for us now, and volume has sustained, making it more difficult for them. The image below shows this, and shows them in perfect sync on both sides... If we can get some strong buying to break above .1268, I think we can hold it/beat them for the day and close green
OTCN & OTCX are the same MM. Back in January 2022, it was the VIRT+OTCX tag team that drove us from .16 to under .10, then disappeared and stayed gone until recently when we re-broke .10. The second we breached .10, they were back with their perfectly synced up algos, only this time OTCX is showing as OTCN.
Need some strong buying to come in and push us over .1268, and I think we'll be able to hold it up there. However, seems they are fighting hard/stacking to hold it under (watch the ask side of L2. Regardless of what ask is knocked out, the top 8 MM's remain under .1268. Musical shares under .1268). Over the past 2 years, anytime they open us with a pre-market fakedown (drop opening ask under prior close), they usually end up holding us under the opening pps all day, and close us red just under it. Maybe today is the day we break that pattern.. Just need some strong buying, and I still think we could see it this afternoon...
Still have the synced up VIRT+OTCN tag-team going strong too.
You might be right foxi, although I'm hoping that the pullback only lasts early on in the day. However. it appears the VIRT+OTCN tagteam is back at it, so we'll definitely need some retail buying to combat/offset them. Today would be a perfect day for one of those "old-school Charles Surprise Mid-Day PR's."
1978 as well Jim, Although I feel old. Still work out/run daily, but it takes more of toll on my body than what it used to.....
I think we'll have a good day and a very strong close, but early on we'll likely see a shakedown. Still have 15 min to go, but currently GTSM setup for a Pre-Market Fakedown (dropped opening ask lower than yesterday's close). Monday is also another Short Interest Settlement Date, so games are to be expected today, especially with the volume that we've seen over this pps climb. ASCM & VERT likely still have a lot to cover.....
Been ready for 2+ years….
Me too, but I genuinely think tomorrow could be one for the books and fly right past .13
They’ve been working overtime to hold under green all day, but tomorrow could be very interesting. Monday is another Short Interest Settlement Date, so we could see some serious buying/covering tomorrow (or at least I hope so)
Looking forward to it, although after the 5 day extension, we may not see until the following Monday 5/22.
Hey foxi, welcome back... 32.5M of that OS increase was covered in the annual report, but the 60M that were added to the OS over the past 1-1.5 months has yet to be addressed. Have no idea who those went to yet, or why the AS was increased by 900M.
I can't speak for anyone else, but I personally feel like I'm walking a tight rope (if ENZC does X, it's great for us commons, if ENZC does Y, it's not so great for us commons). Just have to wait and see the final details of SAGA deal, but more importantly what is going to happen with ENZC ticker. I'm also a bit confused as to why we're still not SEC Reporting, as well as why Charles stated that "ENZC would continue to trade on pinks." That does make me worry a bit about what the plans for ENZC ticker are, but at this point I'm just putting my faith in Charles & Co that they have a master plan to come thru for Shareholders....
Even with the steady climb in pps over the past week+, we are still trading at an extremely & severely undervalued/discounted pps....
I agree with your quote below Doc. I'm thinking tomorrow could be a big day for our pps. As far as GTSM, it's hard to tell with them, because the majority of the time, they are just facilitating retail trades, similar to CSTI, CDEL, NITE, & ETRF. For most Joe-Retail out there, there's a good chance that 99% of their trades will flow through one of those 5. Not saying that GTSM couldn't be playing games, only that I usually associate them with retail/flippers....
From what I can see right now, I believe ASCM is desperate to cover, and of course VIRT+OTCN is playing their game (still don't have a clue as to what they're doing, why, or for who, but they're not letting up). We need some more retail buying/volume combat those 3, and we'll start moving up again. Also, I still don't know what the deal is with all of the tiny (100-900) trades taking place today. It's by far the most 100-900 trades that I've seen here in quite some time.
Another example of VIRT+OTCN attempting to control/hold the ask down. Both appear at exact second showing 5K ask's at.124, then the second .124 gets hit for only 3K shares, they immediately move up to .1248. Again, really don't understand how what they're doing is even legal. They're using they're abilities/algos as MM's to control/hold the pps, NOT make a market.
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!