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Correct 100 percent. And VRUS is working on the issue.
You were already called out about that post. Do we need to call you out again?
Your point well made. Anshu made it clear that we need to be "loud" on this matter. If somone is doing something illegal and know they might be investigated they may stop. As in the case of the article i posted. I also found this article to be very intuitive for many reason. When i was buying 800k shares two weeks ago, exactly as the article stated happpened to me plus more. The second reason was certain individuals claimed these things dont happen anymore.
I did not i been traveling and now at work. I dislike tping. Important emails on cell phone. If you do send an email. I think they should personally speak to the said company to get a better understanding on the procedure. Thanks please let me know if you are willing to send an email.
I love how ETRADE was listed as a manipulator as well as others. This is a real company that fought back with letters and won! It is against the law. If everyone could send mark an email with this link? It may help.
Market makers, by definition, are required to PROVIDE LIQUIDITY not extract or remove liquidity. The math provided below demonstrates that instead of matching orders, market makers, Knight/Virtu, Cantor Fitzgerald, Canaccord Genuity, Citadel, eTrade/G1 are heavily shorting MAXD stock BOTH on the offer and on the bid, which by definition means they have a “speculative short selling strategy” running on MAXD. They are carrying net short positions overnight and continuing to claim the market maker’s exemption, which is in VIOLATION of the Fair Market Making Requirements of Regulation
https://www.globenewswire.com/news-release/2018/06/14/1524626/0/en/Explains-Illegal-Naked-Shorting-Being-Perpetrated-By-Major-Market-Makers-on-MAXD-Shares.html
You mean this? Note etrade ladies and gentlemen? Can everyone not be complacent and send IR an email and explain how company x fought back.
The math provided below demonstrates that instead of matching orders, market makers, Knight/Virtu, Cantor Fitzgerald, Canaccord Genuity, Citadel, eTrade/G1 are heavily shorting MAXD stock BOTH on the offer and on the bid, which by definition means they have a “speculative short selling strategy” running on MAXD. They are carrying net short positions overnight and continuing to claim the market maker’s exemption, which is in VIOLATION of the Fair Market Making Requirements of Regulation SHO. We are able to mathematically prove
https://www.globenewswire.com/news-release/2018/06/14/1524626/0/en/Explains-Illegal-Naked-Shorting-Being-Perpetrated-By-Major-Market-Makers-on-MAXD-Shares.html
Yep 100 percent agree. Best article i read all year. A simple letter stating a third party investigation will start if this crap dont stop!
Did you read the article? Its really good stuff. Company x share price was tanking and harrashment on boards. Oh my good stuff and they were able to fix it with letters to certain MMs
https://www.globenewswire.com/news-release/2018/06/14/1524626/0/en/Explains-Illegal-Naked-Shorting-Being-Perpetrated-By-Major-Market-Makers-on-MAXD-Shares.html
Everyone should send IR an email. If this company fixed its irregular trading activity so can VRUS.
https://www.globenewswire.com/news-release/2018/06/14/1524626/0/en/Explains-Illegal-Naked-Shorting-Being-Perpetrated-By-Major-Market-Makers-on-MAXD-Shares.html
Anyone in constant contact with IR. PLEASE send this to them. This will fix our shorting/odd trading pattern. One company did it! Verus can so the same.
GlobeNewswire
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CONTACT US
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ENGLISHFRANÇAIS
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Explains Illegal Naked Shorting Being Perpetrated By Major Market Makers on MAXD Shares
8,117,878,650 shares shorted in the past year, which is more than 40% of MAXD’s total trading volume
June 14, 2018 08:49 ET | Source: Max Sound Corp.
SAN DIEGO, June 14, 2018 (GLOBE NEWSWIRE) -- via NetworkWire -- MAXD (OTC PK:MAXD) / Max Sound Corporation. Max Sound Corporation has engaged a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance related to substantial short selling of its stock. Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The Securities and Exchange Commission has stated that bona-fide market-making DOES NOT include activity that is related to speculative selling strategies for investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market maker posts continually at or near the best offer, but does not also post at or near the best bid, the market maker's activities do not qualify as bona-fide market making. Moreover, a market maker that continually executes short sales away from its posted quotes is not considered to be engaged in bona-fide market making.
MAXD market makers have been monitored daily for compliance with Reg SHO and Fair Market-Making Requirements. Here is a trading analysis of MAXD. BuyVol = real buyers at offer. SellVol = real sellers at bid. ShortVolume = short sale trade identifiers for both EXEMPT (market makers) and NON-EXEMPT (everyone else) shorts sales. The short selling as a percentage of daily trading volume in MAXD by your firm is abnormally high; the market-making math related thereto does not reconcile and is not at all compliant with Federal Securities Laws.
As is common during these orchestrated short selling campaigns, bad actors with no real interest in MAXD’s success, or any small public company for that matter, has consistently engaged in false accusations and libel on the Company’s stock chat boards in attempts to scare and demoralize MAXD’s legitimate shareholders. It is noteworthy that as soon as Max Sound sent this report to the market makers perpetrating the naked short sales on the company, the bad actors disappeared at least for the time being.
Here is a primer on the subject at hand http://counterfeitingstock.com/CounterfeitingStock.html and here is a powerful article put into actual practice https://theintercept.com/series/penny-stock-chronicles/
ANALYSIS and ACTION
We have analyzed the last year of daily short volume data and correlated it to recent market making activity in MAXD. In 27 of the past 31 trading days, 87% of the time, the combined selling and short selling in MAXD has far exceeded the amount of buying (See NetNet column below). Market makers, by definition, are required to PROVIDE LIQUIDITY not extract or remove liquidity. The math provided below demonstrates that instead of matching orders, market makers, Knight/Virtu, Cantor Fitzgerald, Canaccord Genuity, Citadel, eTrade/G1 are heavily shorting MAXD stock BOTH on the offer and on the bid, which by definition means they have a “speculative short selling strategy” running on MAXD. They are carrying net short positions overnight and continuing to claim the market maker’s exemption, which is in VIOLATION of the Fair Market Making Requirements of Regulation SHO. We are able to mathematically prove this because there is not enough BuyVol (buy volume) to match the amount of selling and short selling. The chart below identifies the top 5 market makers, in MAXD for May 2018 (highlighted below) accounting for 2,257,870,595 shares of trading, or 88.22% of total trading volume in May.
Total Volume Name
(Last Month)
643,662,180 Knight/Virtu,
154,447,100 Cantor Fitzgerald,
203,762,081 Canaccord Genuity,
769,731,954 Citadel,
247,276,817 Trade/G1
Highlighting these Market Makers abusive activities in-concert with each other for just the one month of May, allows regulators, the SEC, FINRA, the U.S. Attorney as well as the media to easily identify the manipulative trading activity and counterfeiting of MAXD shares engaged in by their traders for the past year and well beyond. When overlaid for the entire year (back to June 1, 2017) the math is shocking. 8,117,878,650 total shares have been shorted representing in excess of 40% of MAXD’s total trading volume and it demonstrates that these market makers have knowingly participated in manipulative trading practices and counterfeiting of MAXD shares.
We provide the following data in this report:
DAILY TOTAL SHARES SHORTED (volume and price), which includes all shares shorted even by exempt institutions such as market makers.
FAILURES TO DELIVER (naked shorts).
MARKET MAKER SHARE VOLUME (exposing exactly how many shares are being traded and the name of the market making firm traded through).
MARKET MAKER DATA (showing whether or not a fair market is being made in each trading day).
CUMULATIVE TOTAL SHARES SHORTED data showing large short positions and the volume weighted average price that a short squeeze will start.
DateShortVolumeTotal VolumePercentSqueeze Trigger$Value6/8/201815,701,300107,574,93414.60%$0.0004$6,2816/7/201853,355,529165,271,18432.28%$0.0004$21,3426/6/2018648,355,6301,238,570,54452.35%$0.0005$324,1786/5/201865,351,87596,413,87567.78%$0.0004$26,1416/4/201846,779,267107,384,33343.56%$0.0004$18,7126/1/2018289,758,138362,031,35880.04%$0.0003$86,9275/31/20184,949,999112,476,9354.40%$0.0003$1,4855/30/2018116,156,059380,530,66030.52%$0.0003$34,8475/29/201819,961,30954,883,43836.37%$0.0002$3,9925/25/20181,514,24433,174,7774.56%$0.0003$4545/24/20188,870,00040,350,00021.98%$0.0003$2,6615/23/201864,000,850112,982,07356.65%$0.0003$19,2005/22/20184,093,3337,003,93158.44%$0.0003$1,2285/21/20183,230,90019,691,67816.41%$0.0003$9695/18/201883,819,569207,235,03040.45%$0.0003$25,1465/17/2018117,944,438261,529,49245.10%$0.0003$35,3835/16/201831,857,47782,434,22738.65%$0.0003$9,5575/15/201817,602,39840,532,80143.43%$0.0003$5,2815/14/201859,639,388160,659,43437.12%$0.0003$17,8925/11/20184,345,52545,242,3539.60%$0.0003$1,3045/10/20189,486,43912,293,63877.17%$0.0003$2,8465/9/201873,012,030209,322,90934.88%$0.0003$21,9045/8/2018117,699,386183,193,95964.25%$0.0003$35,3105/7/201813,376,50031,810,96042.05%$0.0003$4,0135/4/201823,450,72552,153,19444.97%$0.0003$7,0355/3/201817,529,26627,504,96463.73%$0.0003$5,2595/2/201818,156,57654,003,98733.62%$0.0003$5,4475/1/2018145,586,693428,196,15534.00%$0.0003$43,6764/30/201825,360,36774,589,31634.00%$0.0003$7,6084/27/201868,975,488202,869,08334.00%$0.0004$27,5904/26/201830,661,67690,181,40134.00%$0.0004$12,2654/25/201829,057,09285,462,03534.00%$0.0005$14,529Total8,117,878,65019,886,222,30440.82%$0.0008$6,178,916*Total includes data back to 6-1-17. Chart truncated for viewing.
The below data is
Can our CEO do this? This would take care of the "odd" trading activity for the last two months.
https://www.globenewswire.com/news-release/2018/06/14/1524626/0/en/Explains-Illegal-Naked-Shorting-Being-Perpetrated-By-Major-Market-Makers-on-MAXD-Shares.html
Loadded to the .... Lol
All these stock lawyers creating panic. Was a good day to buy!
We need to put more pressure on ETRADE. Anyone with an ETRADE account can take five minutes to file a complaint with Better Business Bureau . They have x amount of days to reply back to each complaint. In the body of the complaint words like irregular trading activity and why buying on the phone is acceptable vs online buying.
Not sure but you can try it. Its online takes a few minutes not hard. I have TD. But if 100 people file with Better Business Burea you see it all online. All the complaints and the Etrade's answer. That would put them under pressure to resolve the issue.
I believe once each person file a complaint. Etrade have to answer each one. And they are posted on line. would be cool to see 100 complaints lol
New account?
ETRADE customers can actually file a complaint on BBB website. Interesting reading there with past complaints and response from ETRADE.
100 percent correct. Just like i been suggesting when i bought 800k shares in one day a few weeks ago. I just dont know how to explain it any better because i am new to all of this only 7 months.
Thanks this is going to be hard to do. Have to drive that time around 2. Lol
Where is the best place to get the news? I mean a good site that updates immediately. Thanks
Imagine is suprresed. Why?
Giving you your props. You are one beast when it comes to DD. AS a beginner only 7 months snd really soo lucky with a few tickers i wish i had your knowledge.
Thanks for the excellent posts
I noticed from your history you post a lot in here exactly the same thing 100s of times and one other stock.
Giving you the benefit of the doubt and you are such an educated person in stocks. Can you please recommend two good stocks?
Looking foward to hearing your choices. Thanks
It creates volume pressure. The pressure becomes important to beat any manipulation.
When etrade was allowing online buying we hit 100m in volume.
Since that day the restriction was implemented by etrade and we never came close to that 100m volume. Especially on good news day we do not have volume pressure.
"I dont claim to know what the problem is" Thanks for being honest.
If you had written that statement with the first posts that would have been more responsible.
So all is good with the exceptions of why allow buying on phone vs no oline buy if a violation did occur. See for me being green I look for simple. Allowing phone orders vs online orders tells me that no rules were broken. It also tells me that some entity is deliberately slowing the volume pressure down. What backs up my speculation is the following
1 Broker's been caught manipulating penny stocks many times especially etrade.
2 It is way more complicated yes etrade makes money on buy and sell fees. But they like to double dip and when they get caught they ONLY pay a small fine relative to gains they accumulated by doing funky stuff to penny stocks.
Ok thanks, I am asking questions to learn and I will research it all. I may not understand all after I research but little by little.
Each house is different with different set of rules (etrade, TD, etc). But rules are set and when broken as we all know is a Violation. The rules must be followed by ALL brokers?
If there was a violation then ALL brokers must follow? If there was a violation then why allow buying over the phone but not online? Your info that you presented would be more credible to me with out any researching if the following occured with a major violation;
1-It would be mandatory that all brokers follow and not allow buying of shares.
2-Etrade and you both contradict this supposely violation by allowing buying on the phone but not online.
Again if it was truly a law that was violated all brokers MUST FOLLOW and ETRADE should NOT allow buying online and on the phone.
Also, I do not know when it was the last time anyone tried to buy shares of VRUS. Something strange happens when you put 100k order in or more on slow days. Two weeks ago I bought 1 million shares after putting a wall up and in increments of 111k or 211k and it did not go well in many ways and this was a slow day in the morning with around 2 million or less volume at the time.
Shotsky many times you answered my questions and thank you. Since no one knows what the issue is, isn't it irresponsible to say VERUS is selling unregistered shares?
And I am asking again. Many brokers got caught manipulating penny stocks especially ETRADE. As you said before once a customer of etrade use the app to buy or sell it is passed off to a third party. Who is to say that third party is not guilty of manipulating VERUS? And not only etrade it can be any broker.
I know on slow days i myself can move VERUS with buying. I had help with some twitter people that know L2. About two weeks ago all the 111,111 buys was me. They (who ever they might be) got angry. I put up a huge wall that had a partial fill. Then i started to smack the ask and it was going up. All of a sudden it all dropped for a minute or two someone dumped 3 million shares. There are 2 to three people that posts in here to verify my story but I will not say their names. Its up to them to speak if necessary.
Thanks for answering my questions. I really do appreciate this board and all the good people.
If their was some SERIOUS violation that VERUS did then all the other brokers would follow Etrade. Also if there was a violation then why allow people to buy on the phone? People were told irregular trade activity by etrade reps. They were NOT told Verus doing anything with unregistered shares. A major VIOLATION would not allow any buys including phoning in. If you can buy with a phone call then its not a violation to halt buying online.
Thanks bro looking foward to hear your answer.
Medical/Tech at give away share price. Good management. This had a 52 week high $1.20. After the deal is done and with the right guidance/revenues this runs hard.
Thanks. I am locked and loaded already. Good luck to all.
New to PCLT did a crash DD. Many variables but from and educated share holder. Once all said and done is it .04, .08, .10, .15?
Thanks
The more they say for some us the more we buy.
Asking to learn. If everything is automated then why T Trade that seems to be a manual process?
i am new so forgive me if its a dumb question?
Welcome aboard bro if you buying that just gave me confidence to buy more. Lol you know how to pick winner.
It is not a matter of old news or new. Its a mattter of pressure using twitter. And they have multiple fines with penny stocks.
VRUS has OUTPERFORMED. Mark from IR SAID we need to be "loud" may not help but I am using twitter @etrade with links of etrade caught manipulating penny stocks. A few have joined in. If everyone helps its worth a shot. Etrade been caught many times and fined. There are numerous links here is one
https://www.sec.gov/news/press-release/2014-225
VRUS has OUTPERFORMED. Mark from IR SAID we need to be "loud" may not help but I am using twitter @etrade with links of etrade caught manipulating penny stocks. A few have joined in. If everyone helps its worth a shot. Etrade been caught many times and fined. There are numerous links here is one
https://www.sec.gov/news/press-release/2014-225
Try buying a 100k at a time on TD you only get partial fills on a slow day. 20k gets filled and they want you to adjust up. Or try to sell a 100k again partial fill and they want you to walk adjust to walk it down. All this on slow days.