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vlf,
when you say "slapping that ask" does that translate into "I'll buy x number of shares at the ask and of course since they are not coming from people "zipped" do the shares thus come from the MMs further reducing their holdings?
They can't be that crazy can they?
Nez
not to get mushy or anything, but instead of spending massive bucks on seminars, books and the like, I have learned more from the people on this board than anywhere else in my life and my trading carreer.
It really has helped reduce the level of cynicism I have developed over the years for people in general.
You folks on this board have renewed my faith in people and caused me to rethink many of the things in my life that concern the way I treat others. At this point I feel my belief is back in the golden rule and I hope to get the opportunity to share anything helpful I can with those who need it as you all have done with us.
Nez
I would have to say that this event is more like what I understand is "vapor lock."
Vapor lock occurs within the confines of a fluid transporting device (tube, pipe ect.) from a high to low pressure (or vice versa), or across a pressure differential.
If the pressure of the fluid equalizes on both ends thus eliminating the pressure differential, the medium vaporizes due to the increase in the pressure, temperature or velocity of the medium caught or trapped between the two pressure points causing the liquid/medium to change its state from a liquid to a vapor which is far more compressable and thus resists flow. This condition causes flow to cease until the varibles such as temperature, pressure, delta P and other parameters are equalized for that particular medium.
LOL, I think that is what "Bob Nuy the Science Guy" said!!
Nez
Ruel,
then what we are hoping to do is not something that is unprecedented.
I guess it is one of the rare down sides to being an MM.?.
Nez
Ruel,
Do you know of any circumstances where a "short squeeze" was induced due to the lack of free shres? Has anyone else seen this type of event?
This particular situation seems like it muct be a very rare breed.
Nez
I think stevo's post was good news and I would rather see it here first before on the wires, as long as it is legal to do so LOL!
Nez
EGAHHDDS, Stevo!!!
That bit of information just caused our fingers to turn into steel as they clutch each and every share we have!
Also just caused another run to the bank for a double re-fill of funds for use.
BTW,
just got the sell order up to .025
Nez
Talk to ya all after the kids are home. HOLD TIGHT REGARDLESS OF THE MMs STRADIGY, WE HAVE SHARES AND THEY WANT MORE, MUCH MORE.
Nez
Folks,
IMHO, if we are having an effect, then I would not put it past them to swap shares till it closes below open as to scare the weak hands or the panic prone into freeing up shares. I would think that with no shares availible, drastic measures on thier part will be called for. Just remember, management, from what I was able to glean from the posts about the shareholders meeting, was surprised the board knew as much as it did! I feel personally secure knowing that the MMs are acting a bit unusual to say the least and also knowing that there are great DDers on this board. I feel the "official" information steam is not far off and therefore will not be impatient.
Nez
Smitty,
Every bit helps. My wife and I are small potatoes compared to the rest of the pack but teams work and it feels great to be a part of this one. Nat reminded me of this earlier when I told him about using his advise for a level II display suggestion he gave me. He is so right, as many here are about many things.
Nez
One time I got an order to sell in (with another equity) @ $5.00!
I knew it was a mistake but when I called I waas told that it was thier mistake and so they let it go.
Nez
correction, locked at .023.
this board is great!
Nez
thanks for the heads up, missed the boat and still only at .022.
Nez
That makes my day!!!!!!!!!!!!
nez
Smitty,
I have scottrade and it won't allow me to put in stop limits. But, I go to the stock order page and put a sell order in and under the order type, I select "limit" and put my sell price in. I try to get the highest price it will allow me. It won't allow me to sell above .022 (Yet) but everytime the share price rises, I try to up my limit price!!! Hope this helps. And remember, make it Good till cancelled, otherwise it expires at the end of the day. There is a lot of knowledge on this board. Good luck!
nez
Skully,
I don't think we need white candles if we have as many shares as possible "zipped," LOL. IMHO I estimate at least, 25 mil locked up.
Nez
ATTN: EVERYONE INVOLVED IN EXPERIMENT:
MAKE SURE YOU HAVE GOOD TIL CANCELLED SELECTED!!!!
Exactly!!!! Isn't logic a wonderful thing? Keep those shares locked up and let's see what happens!!!
nez
Good job!!! Wish I had a margin account. Soon. Were those last two 1000 trades just a headfake? Any opinions? Supply and demand... if the MM's want to play with our shares they have to pay for our shares. Endeavor to persevere, I am, no matter how bored I get in between action.
nez
If I was an MM, I would drop the bid price even further, knowing that I wasn't going to sell. I would be waiting for the scared hands. Manipulation is their game, don't fall for it. HOLD YOUR SHARES!!
nez
I have been doing this since I started trading for my wife. Although she sees things differently... Let's keep it up, maybe we are onto something. I know that there are a lot of investigations into naked shorting, so if we can do our little part in keeping them honest, that's great.
nez
I think I am ubss, but I am calling to confirm. I think we started this theory shortly after I posted the theory, as nearly everyone has put up their shares. Let's see what happens... We are still vapor locked, no trades since 12:53.
nez
If I was an MM, I would consider the independent online traders as amateurs. Therefore I would say to myself, if these people are online traders, they want to trade.
Therefore, it will only be a matter of time before their need to trade gets the best of them and they lower their ask or cancel their bids, then we MMs can "borrow" as many of their "unzipped" shares as possible and short the snot out of this company which is obviously going to make it.
At that point there will be more to be made elsewhere and we will move on after "pulling" the rug from these "wanna be traders", once again.
Has anyone else noticed that when the "big 3" markets go green, we slow down? Could be my imagination but..
IMHO, the shareholders meeting was to reassure us that this company is going places regardless of what the market price says or how the MMs spin it!!
Nez
Best I could do with Scottrade was .022!!! Oh well, zipped is zipped, just don't get pinched!
nez
Hey guys...c'mon, we're slipping, we are eighth on most active boards!!!!
OT since we're bored watching the paint dry, and for something kind of creepy but also fun, check this out. A friend just e-mailed this to me. It was accurate in my case. When your birthdate comes up, click on the life path # for some interesting reading.
type into your browser, I couldn't copy the link
####//www.paulsadowski.com/birthday.asp
If that's the case, then I guess we are in a staring match. Keep those shares locked up tight!!! Let them blink first!
nez
Anyone with any opinions on this matter if you could give me some food for thought I would appreciate it as it is a never ending subject of discussion.
Today for kicks and giggles, I covered all of my ATWT holdings with sells at ridiculously high prices. Right after I did, the MM indicated as handling my broker, really dropped his bids and raised his asks.
This is just a coincidence right?
Does it have any influence on MMs if all held shares out here in "trade land" are committed to sells?
Just wondering because I was told that shares could only be "borrowed" if they were not committed.
I assume there is no truth to this.
If you know, what, if any, is the effect of committing all held shares to possible trades, regardless of how far from the current pps they are.
Nez
I think they call that a "Freudian" slip!
nez
...and what a team it is. A real pleasure to be here! Thanks all!
Nez
Definately would have TRIED to flip and would now be spillin' tears in my beer...I mean coffee about now!
Go ATWT! The week is pregnant and we are just starting contractions!
Nez
Nat,
Over the weekend you or someone else suggested "Alpha Trade".
Thanks so much as we went with it and it already paid itself off!
Whaaaat exxxxxxcellent people there are on this board!
We are in hog heaven!
Thanks again!
Nez
Anyone at the meeting yesterday:
1.) Was the subject of PR release dates discussed?
2.) What was the overall impression of the type of attendees, i.e. were they older people, retirees, younger investors, institutional and which group asked the most substantitive questions? ( I know the I-Hubers asked good questions!)
3.) Was there any timetable or estimate given for the move to the OTCBB? Any speculation?
4.) Did anyone get any impression of what the work force was like as far as organization, are they unionized?
5.) How will the shipping of the product be handled? Will the price of shipping be included in the cost and was anything mentioned about agreements with shipping companies like UPS, FED-EX, DHL or US Postal?
6.) I got impression from some posts that ATWT has some sort of charitable arrangements in place, does this translate into tax savings or incentives?
TIA,
Nez
Home,
I have to agree as if they didn't do this way you are right, there would be room for "snipets" here and there to be used to paint a false, spun picture designed to bring the pps down. If they allowed bits and pieces to filter out, they will almost have defeated the whole approach of not putting anything out until the meeting or after.
JMO,
Nez
Metro,
thanks for the information, altough I feel foolish for not being aware of that feature before I subscribed!
nez
thanks, I think Scottrade does the same.
Nez
I gues you are speaking about Quote Tracker?
nez
what is QT?
nez
I know I am Steve, but if you know of a system that does give level II and the rest of the real tie imfo needed for pinks, please let me know. (I am not interested in opening a "margin account")
Nez
Homestudy,
is there any time difference between using your broker and the link through MV?
Nez
Thanks guys,
Nez
check back in a feww...