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FINRA Rule 6460
MAXM still hiding shares with 5000 share bid and walling at .0014 along with other sellers, possibly waiting for official Q2 to come out on OTCMarkets
Regardless if shares are being printed or not MAXM is required to show shares per SEC rules. Welcome to manipulation in pink sheet land.
News out with profit this quarter and a sudden surge of possible covering?
Market makers would probably want to buy at that price to cover for selling shares at a higher price. 10 million shares to cover.
Data taken from FINRA website:
Date|Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market
20110812|TYTN|10722005|0|40186475|O
Can manipulation be disputed?
Only if panicked investors bidwhack price or more shares are printed. Either way some entity wants those shares. The question is who? Quite the appropriate timing that would someone reply to my post...interesting
Buy the fear, sell the cheer?
Both called correctly. Buyers and sellers make a market whether its an investor, market maker or the company issuing shares. Someone takes someone's money in exchange for shares.
The purpose of a stock market is to facilitate the exchange of securities between buyers and sellers, reducing the risks of investing.
Retrieved from: http://www.investopedia.com/university/stocks/stocks3.asp
I agree. Sellers bidwhacked the price down to these levels. It's also being manipulated by the market makers. I'm sure the MMs covered a few of their naked shorts today. Unless TYTN is going bankrupt I'll be here trading the stock. Buy the fear, sell the greed
17,213,000 shares on the bid @ .001 and some people are definitely interested in TYTN. Is 0.001 support? That has to be broken if TYTN is going to reach the trips and interest more bottom feeders.
You mean they took out the Dollar Menu at the Golden Arches. Say it ain't true!?
Someone spent $12 for 10K shares and won't have dinner tonight.
Looks like someone needed lunch money with that $1.034 trade
11 mil shares on the bid @ .001 on the L2, looks like some want to accumulate at that price. Also looks like the 12 mil shares on the ask @ .0012 don't want to give it to 'em
These numbers refer to the market makers naked shorting and are reported to FINRA on a daily basis as required by the SEC. Then again this is a pinky...
http://regsho.finra.org/regsho-Index.html
Short Sale Volume increased today compared to Wednesday
Date|Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market
20110811|TYTN|13895493|0|36089633|O
20110810|TYTN|2904650|0|42094838|O
TYTN was in China first...Apparently John Deere outsources to China just like other companies in the U.S.
Obvious lack of DD from some...
From Global Times Article
The world's biggest farm machinery maker,
John Deere, took the Benye & Tianjin Tractor Factories. Ford New
Holland took the Shanghai Tractor factory, and Mahindra grabbed
Jinma and Feng Shou. These were the factories Leonard had
worked with & developed
From the JD Website
MOLINE, Illinois (May 24, 2011) – Deere & Company said today it will build a factory to manufacture engines for John Deere equipment that is built in China. The factory represents an investment of approximately $60 million and will be located in the Tianjin Economic and Development Area, in which Deere already has other facilities.
http://www.deere.com/wps/dcom/en_US/corporate/our_company/news_and_media/press_releases/2011/corporate/2011may24_corp.page
http://www.deere.com/zh_CN/JDCI/homepage/default.html
There was a 9350K bid @ .001 from ETMM until it moved up for a measly 200k @ .0011 for TYTN
Perhaps people were dumping because they were getting margin calls in their accounts and needed to liquidate. On Monday no sector was positive for the year.
Tytan's website must be ahead of the curve when compared to Warren Buffet's Berkshire Hathaway website then. I just see text on that website.
I found that TYTN has been on the Reg SHO list for the whole week. It would appear the MMs want to suppress/manipulate the PS unless someone can correct me if my assumptions are wrong
Copy & pasted from TXT files under ORF:
http://regsho.finra.org/regsho-Index.html
Date|Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market
20110801|TYTN|5001232|0|10353047|O
20110802|TYTN|6680042|0|11394411|O
20110803|TYTN|9823200|0|10463200|O
20110804|TYTN|8308459|0|13563899|O
20110805|TYTN|4504810|0|17624275|O
Nice bounce.
ROSV apparently hitting traders' scanners today. Who knows how this ends up today or next week.
Sell if the money is needed or wait and sell in the next possible "pump". It might be awhile but ROSV has a history of being promoted.
6 days straight of selling and no bounce...someone's making money
Support is @ .0404, news would help right about now.
I added 250K @ 0.002
The MMs are looking for shares and are on Nasdaq ’Threshold’ Securities.
http://www.bloomberg.com/news/2011-05-30/nasdaq-threshold-securities-for-may-27-table-.html?cmpid=yhoo
Not sure if this was posted
SAVW on SHO list:
http://www.otcmarkets.com/otcqb/marketActivity/reg-sho-otc
http://www.buyins.net/tools/short_list.php?ssd=20110524