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Most of you don't get it; The brokers loaned almost 1 1/2 billion shares of this stock. The Market Makers must have sold at a nice high price and now they want to buy back as low as they can to return those shares. They will manipulate the price by playing the numbers and push it down as low as they can to make a higher profit. You will have to wade through this muck before one can expect the price to go back up. It has nothing to do with the company per se and you have no proof that the CEO is selling multiple shares. Officers in the company must report that they have sold shares and we have no such report. How about going by data instead of insinuation. Prove to me that the CEO is selling. Show me the report.
There are still a little under 1 billion, yes that is 1,000,000,000 shares short, so they have lots of power to manipulate the price downward. It is going to be a rough ride for a few days.
Good news will put pressure on the shorts, don't you think?
Shorts are going to keep pushing the price down. Incrementally they can continue to push it down until they cover their shares, then and only then will it move back up. Just MHO.
If you care to check, KYNC is being shorted by nearly 60%. If you borrowed shares of almost 1 and 1/2 billion then one would be pushing this stock down so they can buy shares for less than what they sold them and return them to the broker. Can you spell the word "moron?" This doesn't prove anything as to the value of the company.
get off the pot and get a life.
I didn't know that anyone is claiming to be short. You just don't know.
But you don't know. Real shorters would do everything one can do to push the price down, including scare tactics because they obviously want to buy back shares at as low a price as possible before having to return them to the broker.
My opinion is that MM's as you many of the OTC stocks are should by a few hundred million is a very sophisticate system of constant buying selling within the margins of what they sell the stock for and what they have to pa
pay to buy it back, so they want to sell as high as possible but buy back at lower than what they sell. This brings constant power to control the stock price. Patience can lead one to make out well.
Someone has a tiny little fly drone that has infiltrated the interim CEO's office. It has a very small microphone on it and can transmit miles away to a receiver where the conversation has been recorded.
FOR INTERTAINMENT PURPOSES ONLY.
The shorts by the end of the day will pretty well have covered, depending on what price they sold their shares, then we can expect it to go back up.
the shorts were at about 137 million when we started trading. They will keep pushing the price down until they have finished covering. Hurt them by refusing to sell your shares or pay more for your shares and they will rush to cover.
Gary is an obvious shorter. He wants to scare you into selling your shares to him because he has to return them from whom he borrowed them, so obviously he wants to buy them at a lower price. Skunks are easily identified by their color and their smell. The shorts are nearly finished here. Pay more for your shares and crush people like Gary Ray.
Not hardly, 137 million plus is being shorted. They will push the price down in increments. You can hurt them badly depending on the average price they paid for ASTA by paying more than the asking price, only that will push them into a squeeze and push the price up.
The shorts, about 7 million. If news does come out Friday of a reverse merger this will go ballistic.
The shorts are about 22 million now. It is time to head north again...I am considering buying more here. I sold about 4,000 shares in increments moving up to as high as .0175 yesterday, but found there was strong resistance. Folks, I think we are headed north. When news is dropped, I think this will go ballistic.
You keep saying that. Please wave your magic wand.
You keep saying that. Please wave your magic wand.
Get out when you can, now. Sell Gary Ray your shares....
give me a break, man.
Babubd, have you ever previously seen anything like this in past reverse mergers in which you have been invested? If so, was there the kind of "clean and appealing" shell comparable to KRFG? Is this where your confidence lies?
There is nothing lame about Jesus The Christ, the most studied, vilified and yet according to the Bible glorified more than any man on earth. To use his name as a kind of profane expression is nonsense and that is not "lame."
So, what is cooking, you think. They have someone on deck to make use of this glowing shell?
Excuse me...Jesus Christ only has control over the greatest gift of all and that is salvation from sin and entrance into the Holy City of God one day. The market is as it is.
Ping pong, Ping pong,...then Slam it home.
The good thing about shorts is that they push the stock down but want it go back up within a limited time period so they can cash out on the gain from the low to the top, so eventually, they want the ticker to go up as badly as we want it to. How long will they play this game before they get stung?
Pay more, those of you with lots of money. That will squeeze the shorts.
I guess I don't know how to read the chart. That doesn't sound reasonable, but that is what it appears to be unless the red-pink line doesn't mean anything.
According to stock investor wire it is short 80 billion, but then it is hard to count all of those zeros.
Serious question, do you have some way of determining how many buys one investor is making?
So, Babubd, how many tickers like this have you ridden? Sounds like you must have done very well for yourself $$$$$$$$ wise..
Sounds like you want to scare and shake out shares for yourself....at a low price.
Ok and what has that to do with PBYA?
So, perhaps you can explain to us Babubd why this stock took a plunge?
The game is ping pong until news hits.
Looks to me like no information is going to put us into "limbo." How does one market a "shell company?"
If they have made their money and want to sell, what is it to you...? Just buy more for yourself.
But when one buys 100,000,000 shares at .0001, then that person can more than afford selling a few shares at this price, don't you think?
What is 10,000,000 x .005 gain? Oh, that is $50,000.00
I agree, but then again, these people may move on to something else.
The Attorney Letter has already been posted. Check OTC. That is also how we know that it is a verified "shell." I have a lot invested too, and I hope everything turns sky high soon as I am considering dropping a lot more money into KRFG.
You seem to have lots of experience with making money in these companies....via your profile, the number of people following you and the number of boards that you monitor, yes?
Why would it? What is the model for KRFG that indicates it will go to dollars? So far we are only buying HOPE in a shell company. Does the interim CEO have a history of drawing good private companies looking for a strong shell that has lots of cash?