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He’s a professional stock trader with over 40 years experience so......
In 8 years I’ve never seen this pps go up on actual “news”. I’m not expecting that to change. Wait and see how many shares become available when news hits. It’s a mess, every time.
Nobody bought it at the penny level. It was a reverse split to get to this level. Also nobody is holding millions of shares. If they are they paid millions of dollars for them.
If I remember right it started trading at around .50 and it wasn’t long after it was in the shitter and reversed. I don’t know what they’re up to now, but that’s how and why it’s trading where it is.
Have you chosen to forget the settlement news disaster? The news release before the market opened and the 75% drop. Your scenario sounds fantastic for longs. Unfortunately it doesn’t happen that way. Not with this ticker. You’ll see if you stick around, when news hits it goes down. This isn’t an opinion and it doesn’t just happen sometimes. It happens every time. I own shares. I want it to go up. With this ticker you’ve got to know when to fold Em’. Unfortunately that’s before everyone else.
You’re spot on today in my opinion.
Soon as that tweet hit a whole shit ton more shares hit the ask
Most “longs” are flipping this and have been for years.
Whoever slapped the ask is an idiot. Lol. The next best bid is in the 006’s they just wanted to pay almost 008 for it.
Nothing new here. Put a bid in it’ll fill. That’s the only patients you need here. No need to patiently wait for news, we know how that goes. Here we just patiently wait for our bids to fill. And they will. Patients.
What’s the point though? Why put out news now when all it does ever is cause massive selling and manipulation? Looks like a no win situation honestly. We’re fighting market maker manipulation and “long” flippers. That won’t hold it ever. No matter what pps predictions they make. There’s more of them than you think. They know they’ll get back in cheap when news hits. You know the cycle. Been going on since I’ve been here. About 7 years.
Where are the “whales” you said were just waiting to get in here? Foreign investor? Anyone? There is absolutely nothing on the bid. Nothing. It’ll be lucky if it’s not a total blood bath today, with all the conspiracy theories. Smh
Okay so what’s your point? We gonna sue then now? I see they just pay their fines and carry on. How does this help? A new big conspiracy? New Rico charges? Another 5 years of waiting?
My point is, IF they are naked shorting this, what are you going to do about it? The short answer is Nothing. If anything you make a good point not to buy cmgo with them on lvl 2.
I’m not blaming Glenn, take it easy. But what can he do? Same as you, nothing.
Where are the whales that were going to scope this up after it hit a penny? You know, the ones waiting on the sidelines. Oh and the foreign investors. What happened to all them?
News about what? He’s got nothing to hammer them with. What he should do is ask the fog to stop selling so relentlessly and maybe it’ll go up.
You don’t get to play with “house money” by holding this. That’s not how it works here and everybody knows it.
Of course not. Lol
Why not? This happens all the time here. It goes up, it comes back down. Ya gotta play the game to win on this ticker. Some say it’s the best atm on the otc. I mean it was up 50% yesterday.
Not even close.
Should run once we get through Mikes 9.5 mill. Lol
He has been at the helm for 5 or 6 years and we’re trading at a half a penny. Half a penny.
#comicrelief
Didn’t he say otc markets has everything they need 3 months ago, when he said it was out of his hands? Before he recently said he screwed up and got a 90 day penalty to file? He at least led us to believe they had everything they needed 90 days ago, and it was up to them. Now you say it’s been 6 days? I’ll admit I haven’t been paying attention much. I’ve lost interest. I own shares but not nearly what I’ve had in the past. Watch what happens if he actually gets real fins up anytime soon. Mass exodus IMO. Just like any other “great news” you’ll get trampled over as everyone heads for the door.
So the defendants make people not buy it, and they are also responsible for people selling it? Okay.
At the very least He is in way over his head. He’s a professional trader who know how the market works and still can’t get it right. Lol
Listen to everyone say how he has saved this company. Lmao. The cap says otherwise. The cap says he failed miserably. After 4 years in court they got less than 2 million coming. But he saved us. Lmao.
The market doesn’t trust Glenn and never will, they don’t believe shit he says. Been here since before Glenn and have watch it all Unfold. Jmo
It’s out of our hands he said, knowing full well it was his fault. Lol
What did I miss? It looked like good early buying only to be sold off in the afternoon. Like always, people fighting to get to the door any chance they get. So what was so encouraging? TIA
You understand he already got money right? He just decided he wasn’t paying this firm. Do you know how many firms were involved in this case, representing cmgo?
So many excuses being made for this guy. By the same people who claim there are all sorts of short sellers and market makers manipulation. It seems so obvious to me that the pps is in the shitter because there are just way to many unanswered questions. Jmo
I’m pretty sure that the “game changer” or the “next level” contract talks fell through. It’s not uncommon for these deals to fall through. That’s why Glenn should stfu imo and just do work. 8k some shit that has happened, not some shit that probably won’t happen. Pay attention to getting current and making money, and never mind getting his feelings hurt on a message board.
He knows the game, he has been at it a long time. So it’s hard for me to understand why he does some of the things he does. Unless he was trying to keep the price down, At the same time He’s crying about shorts? Who knows, I’ve been watching this play out for 6 or 7 years. Nothing is ever what it seems.
Nobody ever regrets selling cmgo. But I bet you can find a bunch of people who regret buying it.
Where did this number come from? I haven’t been keeping up but, did someone mention a 10 million dollar contract? Is this the number Glenn was referring to when he said that one deal could put them on another level? Or whatever he said. That ain’t pumpin’ though.
It all sounds good. If all that stuff wasn’t made up. Lol. Can you post the bi-monthly short report? Or what do you think of the bi monthly? Everything I’ve read had said none of the so called “short reports” have anything to do with shorts. Lol. Except the bi monthly, I think we can trust that one. Not the one that you made up.
That said, it’s easy to see how you get so easily confused. And why it’s so easy for you to in turn deceive people who don’t know any better.
I don’t know that’s true or not. I wouldn’t think that’s logical but who knows. It does however fit the excuses that we hear on here daily. I know it was just a thought, but I bet someone here will run with it. Next thing you know it’ll be Glenn that said it and not you. Lol
They won’t because there aren’t any. Lol
Doesn’t anyone want to point out how thin the ask is, like always?
Why would they be interested in a ticker that’s riddled with naked short sales and market maker manipulation? Tia
Whatever.
I honestly feel like the market in general doesn’t have faith in Glenn. I know you do and I know a lot of other people believe in him. And I’m not saying you’re wrong. I don’t believe in the shorts or naked shorts. I think it’s as simple as the market not really fully knowing what’s going on. Anyone who has faith in Glenn and what the company is doing shouldn’t bother making excuses for why the stock is performing the way it is. If what you believe to be true is true...it’s just a matter of time.
Why would they be interested when it’s riddled with shorts and naked shorts?
The exact same thing was happening on the run up to .03
Maybe it’s the language barrier. I think you might have meant to say “any time” as oppose to “all the time”
No they can’t. Lol
If anything it might have gotten shorted at around .03 before the settlement news. To think they are shorting now with all that’s allegedly happening is absurd.
It’s my opinion that it’s used to dupe noobs into buying something they shouldn’t be buying. So I’m torn as to why they lie about shorts here that don’t exist. Unless it’s a pos and always will be. But I don’t believe that.
What shorts?
That is right on the money. You see it everyday on iHub. Thanks for posting.
“The Misleading” – Daily Short Volume
The most frequently misinterpreted data is the Daily Short Volume, sometimes referred to as Naked Short Interest. This data shows the percentage of published trade reports (called media transactions in FINRA Rules) that were marked short. As an example, the recent data for OTC Markets Group shows that up to 90% of the trading volume comes from short selling on some days. If we did not carefully track our bi-weekly Short Interest, we could easily be led to believe that short selling is rampant in our stock.