is...retired
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Just go to the OTCM and READ the rules. I never said a thing about global anything. I said the OTC (over the counter) market is automated. Read it for yourself.
The OTC is an automated market. People don't make the decisions, computers do. Every trade is archived in a database. Every purchase, every sale has the number of shares, the price, who sold, who bought and who the MM is. There is no room for people to stick their fingers into these trades, and fraud could be found with the simplest of tests.
A fully automated market with complete audit trail that shows everything that pertains to the trades.
It is TRADERS that hold the myth that MM's somehow manipulate the share price, as if there were actually people involved, and as if an MM was an actual person, instead of a computer program.
Jesus folks, let go of these myths and learn how the system works. For God's sake CALL ANY MM AND ASK THEM HOW IT WORKS IN THE OTC. LEARN about it, instead of repeating myths. If the share price isn't doing what you like, it is because of TRADERS, not MM's.
You are wrong. That would be totally illegal, and the SEC would close them down or fine them. They are BROKERS, sort of like cashiers in a store. The ONLY money they make is off the spread. Period.
All of this talk about Mm stock manipulation is ignorant traders that don't understand what an automated market even means. There are NO people involved in our trades, only computers. No tin hatted guys with their secret laptop trying to make beer money off penny stocks. Jesus, educate yourself.
Mm's are not stock traders, they are brokers. The ONLY time they buy or sell from each other is when the stock is illiquid - meaning no trading. That is their JOB.
Why do so many people think that MM's care a shit about a stock's price? They aren't TRADERS. They make a CUT of each trade, regardless of which direction the share price is going. They FACILITATE trading, not manipulation of the share price...why would they even CARE about share price? They don't TRADE, they FACILITATE US to be able to trade.
I haven't sold any since it dropped below a dime, and won't until it's back to that. I sell on the way UP, not DOWN.
Never say reverse merger unless you actually know what it means.
Sure, a private company is going to reverse merge into a holding company. NOT!
MM's have nothing to do with it. If you offer your shares at their bid, they have to buy them. If you buy at their offer, they have to sell them to you. They set their spread, and TRADERS decide what to do. So, it is TRADERS that affect the price, not MM's.
If you sell at market, the price will dive, because you are saying you will take whatever MM's will give you for them, and their offer goes down immediately.
No, that is wrong. OTC manages all of the otc current statuses. It is an OTC tier, and regardless of how they report, the reports must be filed AT OTC and readable there. Pink is simply one tier of OTC, so they are OTC reporting regardless of whether they are SEC reporting or not.
Not an IPO - they are already public. It would be through an offering.
Ameritrade does not, and has never traded NSAV. They don't deal with non-dtc companies. You need a broker that lets you trade what YOU want, instead of what THEY want.
They will be tradeable if NSAV ever uplists. Those shares are not registered, and they won't be able to uplist with unregistered shares.
Perhaps you don't recall the countdown clock and the press release on the FRIDAY before it DIDN'T launch on MONDAY. SOMEONE had to know it was not going to be released THE DAY BEFORE THEY KILLED IT.
I've been in software development, and you NEVER set a deadline OR a countdown clock for a software release. You set a target date, and you TEST the goddam software before you release it.
Total monkey show there.
It isn't the market maker. It is sellers. If someone sells with a limit within the spread of a market maker, the market maker MUST buy the shares. If a seller sells at market, the spread doesn't matter.
All market makers do is facilitate trades between sellers and buyers. They don't give a rats ass what the price does, because the only money they make on shares is on the spread, BOTH WAYS. From the seller, and to the buyer. They trade at 5 decimal points, we are at 4.
Each mm has their own spread. If you sell at some mm's bid, they have to buy them. If you buy within their offer, they HAVE to sell them to you.
It is SIMPLE.
There are a lot of traders that simply don't know how to trade to keep from affecting share price. Any buy or sell at market of any size WILL jerk the price around. Has absolutely nothing to do with MM's.
Somebody has to sell if someone is buying. It's called trading for a reason.
They aren't stinky pinkies. They are profitable. NSAV is a wannabe...
What kind of question is that? Has it been posted or filed? No. So, no, they have not said anything to shareholders yet, and they won't be breaking news on a stupid conference before we are informed.
You can't tell the general public before you tell your shareholders. That is an SEC violation. That is WHY you won't see anything significant announced tomorrow, unless it is released to us beforehand.
They can't say anything of material value. It is just puffing up the companies without actually disclosing anything new.
Gee, looky me, at the emerging growth conference! Ain't I special!
I would much prefer they communicate with us, their shareholders, than a little-known conference that is meaningless and serves only one purpose - to get companies to pay to play.
You all realize that emerging growth conference is a total bs, right? Pinkies trying to puff up their companies by paying to be in a conference that is held every 2 months. The CEO's brag and brag about it, and it is nothing but fluff.
You can expect to hear more about this every 2 months, and probably every pinky that is not dormant will pay them to play.
Sheesh!
You might want to look at the last month chart...holding up? LMAO!!
Public companies can not buy their own shares without an SEC report. There are rules. And of course, where would the money come from? There has to be profit to enable buying shares.
You don't understand what that report means. It is not retail shorting. It is mm's 'borrowing' during the day, then covering at the end of the day. If you don't believe that, TRY to short it yourself. You CAN'T.
No, that's not the way share buybacks work. The 8K has to be filed FIRST, and it has to say how many shares will be purchased, over what time period, and what they will pay for them. SEC rules, look em up. Easy enough to read for yourself instead of making false claims.
NSAV cannot buy its own shares without an 8k. So, no it is not NSAV.
Etrade is still handling hpil. I got more this morning on the way down.
No, there are no shorts. Period.
Exactly - chickens don't have nuggets. Wings have bones. And I bet I can eat hotter wings than you...Buffalo Wild Wings hottest is no problem for me. I make hotter ones myself, from my home grown Trinidad Scorpion peppers. I put 5 of those little ones into my Bloody Mary mix for this weekend...can you say hot pee?
That's possible - Always up to meet someone new. Especially those that like hot wings...
I still have over 100M all in trips. Just waiting for the right price, above $.10, and then only 500K at a time and at a limit.
There was no share buyback. It would have been illegal. It was a pump.
The attorney letter is required for annuals, but not quarterlies, if not SEC reporting.
So, the question is whether you are still holding the shares, or whether you sold and locked the loss in.
If you held them, you will probably see it all back. Otherwise...
Attorney letter is required for annual reports only if not SEC reporting.
TDA has never permitted buying NSAV. This has been mentioned on this message board dozens of times. Search for TDA to read some of the dozens of reports. TDA does NOT allow purchasing NSAV because it is not DTC compliant, never has been. I suspect it will happen if NSAV ever makes an honest attempt to uplist out of the pinks.
Because brokerages don't trade OTC before regular business hours, even though OTC is open for trading a half hour earlier.
You do realize that each MM has its own spread, and they are all different, or can be. What's listed on etrade is immaterial - they no longer have an mm arm. I think the spread etrade displays is from the spun off mm arm.
"E*Trade also disclosed that it will sell its G1 Execution Services market-making unit to Susquehanna International Group, LLP for $75 million. The unit handles the stock orders of individual investors that come in through the discount brokerage's online portal, as well as orders from other online brokers."
Yes, but it will also drop out of the pink market at the end of the month, if not current.
As I said - it shows history, not future. Care to explain all those massive losses, in the face of all this good news? Of course not - charts are about the past, and they simply don't work to predict on any volatile stock because the term volatile is exactly the opposite of predictable.
I've been doing this enough years to have seen all the charters. If it worked, we would all be rich because all we would have to do is watch the chart.
It doesn't work that way. At best, charts predict 50% - same as flipping a coin.
It always cracks me up when people observe what a penny stock has done in the past, and somehow calculate what they think it will do in the future. Think about it. It can go up or down on a whim, and no method of 'prediction' can possibly work, because penny stocks are UNPREDICATABLE!!!
I know big board stocks can support the use of stocks, but penny stockers somehow think what applies to the big boards applies to stinky pinkies.
No, charts do not work on predictions in penny stocks. They simply show what has already happened.