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Well it wouldn't be that simple
Unless we were already so close to what the MM's bought in for. Normally a R/S would be a sign of a re-dilution since the more flexible price would end the stalemate, but the MM's don't have any interest in walking this down to what they paid.
At 9:48:02 there was 125 million dumped at .0001. Your level 2 isn't registering that?
Who in their right mind sells at .0001 with 900 million plus bids at .0002?
It wasn't ten billion it was thirty billion. He told us about the 1 million he raised but he didn't say that's all he raised and we know pretty much as a fact that far more than 10 billion have been dumped.
Your 20% figure is WAY low in this Tucker's case. By my estimations it's over 60% practically every trading day.
I really don't get what about this chart predicts .0001's?
Hold on. What exactly does this report I'm reading mean?
Not saying I know the company is legit. I'm just saying in theory that's how the numbers would move under the circumstances I provided.
You're assuming the buying frenzy will be short lived again but there is no more dilution. What I'm really saying is that once the news comes and the threes get eaten and start digging 4's we will get from 4's to 8's
In about the same number of transactions as we got from 2's to 4's once the dilution stops. Simply because the relativity of gains is what drives buy-sell decisions, not the importance of one tick.
The current problem is that one tick is 50 to a hundred percent.
I'm a bit more optimistic than that. We'll be at the upper end of the trips with news that there's a license and an operating pot farm. Positive revenues will move it out of the trips and maybe into the upper end of the doubles.
Remember movement will be exponentially multiplied once we get
Away from the floor. Doubling your money from .005 to .01 is the same as moving this from .0002 to .0004.
It only looks like 50 more moves.
LOL! Monopoly? If that were legal it would still be out of the question. The best we could hope for would be for big tobacco to offer a generous buyout once they feel confident that we've paved the way for them to steamroll the industry. Once the gorillas get involved it's all she wrote for small cappers.
By boilerplate you mean???
I agree 100% this is based on speculation - especially if you're in it to flip a stock for a short term profit. If you want long term gains I would say the potential is there, and apparently some pretty powerful players in the market thought so too.
Just my opinion though as well.
Rock star seemed to think so. They bought in at 8 something a share when they did the patents for stock deal.
That's not STBV raising capital. That is unaffiliated 3rd party investors sucking capital that the general public would have been willing to invest in stbv out of the pool and keeping for themselves. Stbv got all the capital they are going to get when the sold the 30 billion shares - now when those investors who got in at a price most of us will never see, why are THEY so desperate to get out? Stbv isn't selling these shares to the public.
I've made that case before too but were staring at over 40 billion in volume and a ton of the shares the mm's dumped were at prices above .0002 - certainly more than half. Mathematically speaking they should be down to about 5 billion or less in ammo but they're still dumping like they want to get out? Ask yourself why they're so desperate to get all of their money out now?
Then explain how the MM's still have any shares?
Unless of course the MM's have been making meaningless transactions back and forth to one another and this all really just means nothing. Just a pessimistic thought I've been dealing with.
I've been wondering for days who is buying. I've grown suspicious of MM's trading shares at trip 2's to give the sense of false volume but that can't be verified.
There are no t-trades on pink sheets. Just orders placed late hitting the system after hours.
Aaand they finally killed off all the buyers. The mm's probably represent a good chunk of what is left showing on the bid. Fake buys to suck in more investors. Under 2 billion left on the bid now, 911's today probably meant those last 2 billion were mostly their bids with no intention to purchase.
I think we might be screwed.
Is that common MM code for a big uptick?
You'd need way more than that. By my calculations we need 20 billion more in volume to move this thing back to .0005 ... And that is a conservative estimate on how many bag holders are here just to flip.
For an immediate 50% profit?!? Knowing full well that holding bears a ton of risk and you can cash out now? I think you be surprise how many flippers dwell in penny land.
Before we'll see trip 4's or higher at least half of those trip 2's will get flipped at 3. That's the only reason I'm reserving judgement on foul play by the MM's. Until we've reached 50 or 60 billion in volume we can't know for sure if there haven been a lol of legitimate buy and re-sells it not.
I can see how the .0003's could be flippers from the .0002's but we are WELL past the 30 billion in volume mark over the last few weeks and I'm starting to wonder if there isn't some false velocity on these.
It honestly wouldn't effect much, just a lower shares outstanding, but it would be bad news for the bag holders since that would mean support is not as strong as we'd like to think. I'm just not getting the math. They'd be sitting here selling these lots of 9 million back and forth paying commissions just to try and lure a few more suckers in. Idk, but the numbers don't add up is all I'm saying.
Has anyone considered that the MM's are selling to each other back and forth to make volume look high and draw more investors in? I don't see how this continued with nearly a billion again today. They should be out of shares by now.
Those 3's aren't all dilution. Only about a third of this volume is from the MM's - they sell in even lots mostly. Whether the business is actually there or not, many people do believe in it and it's on the rise.
Mathematically it can't. Unless they are selling stock they don't have. There has been what, 40? 50? Billion in volume the last month? Some of that is flipping but better than 3/4 of it had been dumping which means their bag is down to about 5 billion at best. Unless there was something I missed where more than 30 billion were sold to the accredited investors
I'm shocked at the continued volume of .0002's being pushed out still. The 3's don't surprise me - many of the people who bought 2's will flip those 3's but when the hell will the MM's run out of .0001 basis shares? Their 30 billion has to be running dry soon.
It makes a lot of sense from a technical standpoint - but does not translate to a fundamental standpoint.
People who bought in at .0002 will be willing to take a 50-100% gain all day. Same for people who bought in at .0001 selling at .0002. Legitimate buyers will dump their low basis shares as the price rises - this causes downward pressure on any upticks. That's just something a stock will need to fight through now as it rises.
Ultimately all it means is buying low basis players out and replacing them with market basis players.
Thank you. This was the single most helpful post I've read on here to date. I wonder if MM's have different codes for different stocks when they let those small orders through? Anslysis should be done if that theory lol
Finally an answer that makes sense. After the fact we can see the "damage" that BMAK did though. Where did they sit today?
Lol right. At this point I'm convinced you'd rather deep throat a curling iron that buy another single share of stbv.
I don't see why they would break form to buy back. They haven't bothered hiding who owned and was selling 30 billion shares over the last month. I fail to see why they'd get bashful now. Even so, I'm just looking to see if there was a major player of any kind. Whether that be a current bag holder trying to spark a rally or a speculator, or someone with a bit of inside info on what tomorrow will bring is somewhat irrelevant compared to the real question - was this a major player or a bunch of smaller investors?
Ok that's what I thought. So who was today's culprit gobbling up all those .0003's and .0004's?
I understand conceptually how this could happen. I'm saying I see people on here all the time mention what BMAK and a couple other aliases of the MM's are doing. So their sells are visible. I'm asking if we can see the same info on buyers. If so then all we have to do is look at who bought the thin ask on the .0003's to tell if your theory is correct. It would also let us know who the buyers are that are pushing for a long position - or hopin to flip at a tick up.
So sellers can be viewed from level 2 but not buyers?
QUESTION: Can anyone identify a major buyer or group throughout today's run? 420man threw out speculation it was an MM buying then dumping. I'd like to know:
A. If there is any legitimacy to that claim.
B. If there is a major player or group of major players trying to go long right now.