is...retired
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All brokerages are going to be the same. It is an SEC rule, not a brokerage rule.
I did not cover the halts. Any public company can be halted by the SEC. I don't know the triggers, but I know it happens, and has happened to me when a company was going up too fast. Never knew why, but it crashed shortly after.
That was my first over $1M stock, but it dropped back so fast there was no opportunity to cash out because I wasn't even home when it happened. I was lucky to get out with my original investment plus a 'little'.
Institutional buyers are companies that take money to make money for their clients. The clients expect a return on their investment. Clients are not traders, they are depending on the institution to invest their money wisely.
That would not include stinky pinkies. Others will tell you that 'institutions' 'invest' in penny stocks, but these are the most risky stocks, and if you want someone else to do your trading for you, you probably want them to invest in solid companies, not ones whose outlook changes from day to day.
Your father-in-law was right. Penny stocks are identified as any stock below $5 these days. Institutions won't risk their clients' money on such stocks.
It is meaningless to argue with those on this and other pink stocks about it, they don't even know what the term 'institution' means.
You are uniformed. You don't go to OTCM to identify the AS...especially on a delinquent company that isn't updating ANYTHING. Go to the source.
Stock manipulation is easily spotted, and strictly illegal. No CEO would be stupid enough to blatantly manipulate share price for some ulterior motive.
So, no, they are not trying to tank the share price JUST so they can buy shares back cheaper...sheesh...SMH.
Charts record what has happened between two points in time and make somewhat of an estimate of what MIGHT happen if it stays on the same trajectory. No matter WHAT the chart looks like, a penny stock is just as likely to fall or rise in spite of whatever graph of what happened in the past. Remember Friday? What chart had that?
You have to learn what IS happening, not what HAS happened in the past. Charters always cherry pick the start date to try to show what they are bragging about. It is a laugh to think that you can look backward in the penny market to see where you are going.
A url is a url no matter how you access it.
The new exchange isn't released yet. So no, you can't go see it.
You miss the point. There has to be an energy source. Some kind of FUEL, even if it is an unusual one. They say the battery is charged while driving. Driving takes energy out of the battery and wastes some as heat. There is no way to 'recover' energy lost when converted from one form to another without an energy source to recharge the battery fully.
It would depend upon how well the new entity fared. If it does well, we will also. There are times when the old company still exists, and any assets merged. In other words, a 'merged' company.
I have read their business capabilities before and recognize that there could be a reverse merger in the works. It all adds up, if you go back 6 months or so. In this case, it would be the private exchange reverse merging into NSAV, and naming it's business 'NSAV'. Net Savings Link would cease to exist.
All those shares that got mysteriously bought up in late November, December, and up to now was caused by an event. It didn't just magically begin to rise. It now seems to be following a logical path.
It is reasonable to think that if this was planned out, the private company would become a large shareholder by buying shares (perhaps trip or .0000x), and their purchasing would help drive the price up.
Everyone holding those shares sees big gains - Mine are up 3500%. If a private company, or multiple people in a private company, decided to just start grabbing up basically at zero cost, but reaping thousands of percent in appreciation alone. And those mysterious price drops would make more sense - those that in on the plan would be cashing out.
Yes, there is learning to be done. As I stated earlier, an 8K HAS to be filed for any kind of buyback, and it can't be done while delinquent. Those are SEC rules.
There won't be a buyback until there is an 8K files AND they are current. First things first...
There are RULES for share buybacks by public companies...they have to say how many, during what period of time, and at what price.
Never said that. I said it might be on their servers, but not where those servers are located. There is no reason to speculate, we will know soon enough.
What is impossible is to use a battery to power a car and somehow recover ALL of the energy, and put it back in the battery. Physics 101.
All I said is that is what HE said. None of us knows what actually happened.
What he actually said was that they had lots of questions because he tried to work the name change in at the same time as the filings. A mistake, which he admitted. He reversed the name change request to satisfy those working on the approval of the filings.
Nothing mysterious there, he just tried to do two things at the same time, and it confused them, so he backed it out.
Right. I have xfinity mobile, which rides on Verizon's network. You'd never know it though.
I won't be able to form an opinion until the scheme is revealed. Pure speculation until then.
I think that is a possibility. Bitmart is a private company, but is a viable business. There are too many coincidences in my opinion, for it to be anything else. I was in the software development world until I retired, and such an arrangement would not really be that difficult to accomplish. Mostly UI (user interface) issues to resolve.
I have a hunch that Bitmart will remain as it is, but that the 'NSAV' exchange will actually run on Bitmart's servers and use the same technology. That would pretty much only require licensing and perhaps royalties. I don't think Bitmart is going to change it's name though.
Charting is only a tool to help you make investing decisions incorrectly in penny stocks.
Does the sun come up every day somewhere? Yes. Can you stop it? No. Can you run a car on an energyless source? no. A battery is not s source of energy, it is a storage device for energy generated elsewhere. The airheaded comment is that there is no energy source at all. SMH...
I agree. I've been in physics since the 1960's. What is being said about this vehicle is physically impossible. So, that one is going to go away. Don't bother me with 'they said it was impossible', because a perpetual energy machine IS impossible. You can't use a battery as a prime energy source without having a way to recharge it FULLY unless you only drive downhill.
Without the car part of it, I'm not sure where their revenue comes from. On the call, he talked about buying shares back, but he did not say where the cash would come from to buy them. The company is not profitable at this point, so there is no cash to buy shares. You can't buy shares back with convertible notes, because they would just convert to more shares.
Nothing said makes sense. It sounds good, but does not meet even the simplest tests of logic.
We will see if they can become current with the reversal of the name change. Even that smells, to me. They aren't handled by the same organizations.
Because people sell at market instead of a limit. Just idiots doing stupid stuff.
Second mention of otcqx. That is the first tier after Nasdaq. Here is a link to the requirements:OTCQX Requirements
Of importance to me is this one:
"To be eligible for a listing on the OTCQX U.S. Premier Tier a U.S. company must meet specific and additional requirements. Requirements include a minimum bid price of $1 for the preceding 90 business days and meeting the financial criteria for continued listing on the Nasdaq Capital Market."
That won't happen without the unregistered dividend shares becoming properly registered. Hello, dividends.
And with close to 100M shares remaining in my portfolios...
Of course, they still have to pull it off...
You guys are grasping at straws. When they release anything, it will be on their twitter feed. Just watch that and you'll SEE the video announced.
VirtuaBroker was announced months ago. Go read the NSAV press releases from earlier this year.
There is nothing to disagree about. Any shares up for sale are eligible for MM's to use for trading. And, any shares in any margin account. The ONLY ways to keep them from using shares is to not put them up for sale, and not hold them in a margin account.
You can't 'lock' share by putting them up for sale. MM's don't HAVE to buy them, they short them and then replace them. You give them permission when you put them up for sale. You can deny that all you want, but it's true. Experienced traders understand that. Those that have not studied MM's don't understand how they work.
Jeez, doesn't ANYONE know how MM's actually work? I spent a LOT of time learning that stuff, so I couldn't be fooled by the things traders say.
Call any market maker and ask them how they work. Ask direct questions, such as "if I put my shares up for sale at 10 X the current share price, can you still use them for trading?" The answer is "yes".
If you put your shares up for sale, they are open for MM's. Doesn't matter the price because MM's don't BUY them, they BORROW them, then return them later. It is technically called shorting, but it is how MM's work. If you don't want anyone to mess with your shares, DON'T PUT THEM UP FOR SALE!!
Jeez, people you need to read. The opening of the NSAV exchange has ALWAYS been Aug 9, which is Monday. The tweet said there would be a 'material update' about it today.
"On behalf of the new management of NSAV, we will have a material update on Monday's crypto exchange launch in the morning.
12:54 PM · Aug 5, 2021"
Now is 'in the morning'.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 1, 2021
HPIL HOLDING
By: /s/ Stephen Brown
Stephen Brown
Chief Executive Officer
Yeah, right. I've 'heard about them' for years, but not one person has EVER met my challenge to PROVE that they were able to actually short a penny stock.
I've pointed out many times that shorting a penny stock makes no sense anyway. You'd have to put up millions of dollars in margin just to bet a penny stock was going to drop in share price. If you were successful, you could make a few hundred dollars. If not, you would have to buy at the higher price which would come out of your margin.
It is FAR easier and smarter to just use your millions to BUY the stock, and wait for it to go up.
Material update is an SEC term. It means an announcement that can affect share price. Search material update on SEC site to see what things can be called material updates. Companies MUST file 8K's for material updates.
If you could actually short penny stocks (you can't) who would short a company stock that is literally taking off? How would you time making a short bet on NSAV with is constantly rising and falling. It would be pure luck if you timed a fall right, but you'd lose your ass because it rises more than it falls. Or we wouldn't be at a dime.
These companies aren't MAKING millions of dollars a day, they handle millions of dollars of TRADES per day. They get a small commission on those trades, just as any stock brokerage gets.
Actually, Tilton did not build this company - SBC did. Tilton has done nothing for years - not one thing he ever attempted happened. He was still talking about getting a hemp company just this last January. SBC muzzled him, is building a company out of crypto assets, and is shitcanning Tilton. Good riddance to a loser.
Give credit where it is due, and don't place your good fortune on a loser.
It doesn't say it is building an exchange from the ground up. It says it is going to 100% OWN one.
Crank is a company. HPIL is a HOLDING company. It HOLDS other companies. That is how holding companies work. They don't produce anything. Their revenue comes from the profit of the companies they hold.
L2 proves nothing. You can't see whole orders unless they are small. If I was selling 1M shares, it would be at a limit, it would be good for 60 days. It could take days to fill...but L2 shows every partial (tranche). If you try to understand L2 without knowing the sizes of the orders, you will be wrong. Every time.
You CAN'T know what is going on by looking at that. Which is why I quit looking at it a long time ago. You can even see your exact orders going through, bit by bit. Just look at your alerts, the time and size of that tranche, and look on L2 to see them. L2 shows every single partial. If you look long enough, you'll see a buy/sell for 1 share on a penny stock. Proof enough.
Any stock for sale at any price can be borrowed by MM's to fill orders. The word 'manipulate' is misplaced - that is just how MM's operate - ALL OF THEM.
MM's don't BUY those shares, they borrow them, then replace them. All the time, you have no idea and will never know. It makes no sense to put shares up for sale at a high price, they is simply the green light for MM's. If you don't put them up for sale, they can't be used.