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You're funny. Lemmie guess, you read that on some other ihub board, didn't you? That myth is simply not true. That blatant market maker manipulation would not be allowed by the SEC for a second. If they wanted to communicate they could more easily, and more cost efficiently use, for instance, the phone or some kind of instant message.
Oh, and the reason you see 100 share trades most often is because a 100 share trade is the minimal amount of shares needed to change the price. That's right, try to trade 99 shares. Yes, it will execute... but the "last price" will not change because the ticker does not respond to trades below 100 shares.
- The more you know.
COBI has a lot of debt holders. Most of these debt holders now have the option to convert the dollar amount COBI owes them into COBI common stock. If you look in the filings, most of the conversion rates are .001, some above, and I believe there is one that is .0008 if I'm not mistaken. Anyway, one of these debt holders wants his money back, and he wants it for no less than .001, as you can see if you're watching the trading activity. He/she's probably bummed out because just a few short weeks ago this was at ~.003 and he/she didn't sell. Now she/he is mad and just beating the stock do death. Might be a long shot, but i think it is a plausible explanation.
Some retail idiot painting. All the small ~100 share trades you see are retail. You can get is some serious trouble for that.
This is the most ridiculous statement I've ever read on this board to date.
The RM already happened....about a year ago. RIGH is Bud Genius. They have just yet to change the name.
An unknown company. Market awareness would send this easy. People don't buy if they don't know it exists.
Wonder what's after .0012. Might just surprise me and be supper thin. I'm thinkin there will be a couple mill there though.
The ask might be a short or it might be fake. Or, it might be the rest of that debt holders position... and that's a good thing. Looks like he/she doesn't want anything less than .001. If that gets out of the way we'd be looking good imo.
A new revenue stream! COBI enters the Pre-Paid debit card market with at punch! I Can't wait to see sales data on this product... just adds to that 2mill/year revenue. Wonder how much?!
I'm holding my shares tight. Imagine what growth can come out of a company that can increase revenue 1000% in one quarter.
Yes these whacks don't seem to affect the bid much at all. Very odd, could mean something.
They can't keep this up forever, they'll run out of shares. Retail needs to collectively out bid them to stop this. If they are shorting this, I say let them. Covering it above millions above .0015 will send this to that proverbial moon. I'm tempted to put more money this than I usually put into a single stock. The numbers show COBI is just so undervalued, per the recent PRs. I anticipate a run to the .004 area then consolidation to the .002 area. Company advancements will take it from there.
3m whack. Someone with plenty of shares is keeping this down. I don't know why anyone would sell down here. If it's the MMs going short, they're about to lose a lot of money.
5mill bid nice
Things are goin to get crazy come Q4 filing. Way under valued here.
They're buying because they are covering the short position they have been building up for weeks now.
looking for another short entry, making #3 for the day.
FCON .0013 10m O/S Looking for merger!
FCON .0013 10m O/S looking for merger!
FCON .0013 10mill O/S Looking for merger!
FCON .0013 10mill O/S looking for merger
FCON 10mill O/S Looking for merger!
FCON .0013 10mill O/S looking for merger!
FCON .0013 10m O/S Looking for merger!
FCON .0013 10m O/S Looking for Merger!
FCON .0013 10m O/S Looking for Merger!!!
been adding here for a while, didn't want to be the first to post and draw attention.... now there's another bidder... great...
If this ever moves, I won't move much imo. That ~4bill O/S is just too big. RIGH would be lucky to see .0003. I'd estimate that there will be over 1 bill on the ask @ .0002 when the bag holders feel like they have a shot at getting out.
If you disagree, remember the 1 bill+ bid at .0001? &the 600mill bid at .0002 before that? Yeah, those bids all got dumped on and extinguished.
Well, they made 100k in 2 Q's, with a net loss of 500k. The PPS looks a little overvalued. haha.
OUCH! .0005 There might be more dumped watch out
MHYS movie release PR may send this. On watch.
.0008 up and hit
a mill came off the ask and hit the bid. It'll be that much more thin on the way up.
once enough shares get in the right hands, with a 330m O/S, this will glide. There are otc stocks with double... even triple this O/S that have run to, and are now still in, penny land.
ask looking pretty thin, most sellers moved down yesterday
MHYS .0007 330m O/S WHat?!
MHYS .0007 330mill O/S WHat?!
MHYS .0007 330m O/S What?! Could glide up lol
MHYS .0007 330m o/s WHAT?!
MHYS .0007 330mill O/S What?!