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The problem with shorting is your loss can go on and on for DAYS. We can only lose our entry amount.
Scrambling to cover. You can SEE it in the trades. It's 1,000% fact and easy to see.
A SHORTER. lol. It's crystal clear. Yes there's no shorting going on; the float is 1 trillion jillion shares. Yes, it's a POS stock.
Shorts are freaking out. As they should be.
I wish I knew how long the shorts have to cover too. Getting jiggy here.
VERT and VFIN present. Must be close on the 8K.
Showing 231K but I don't trust that
Haha. I know; boggles the mind. Buy low sell high.
It says VFIN 10K on the ask.
VFIN trying to scare it appears. Holding...
You simply subtract AS from OS (EXcluding preferred shares and things of this nature) = FLOAT
I agree the float is NOT 700 million or even close.
To find the float that's how you do it. Period. Or ask the TA.
The negative people have CRYSTAL CLEAR AGENDA.
Shorts, and this is the best part, don't have a real say so. Shorting means two options: buy the shares back or sell owned assets. Well buying obviously helps us. Then you have STRONG hands, not only LOCKED up so the borrows are harder to find, but also we own the majority of the float.
Tick tock...BOOM
I wonder what the days to cover the short positions here is. That 12 million and 9 million etc etc yesterday dumped under the bid was proof for me, it's not dilution, but rather rather shorting.
Shares short yesterday 40 million or 28%! This also shows me the numbers match up. Re-read certain people's posts yesterday. Exactly 40 million shares ;)
This stock is a ticking time bomb of awesomeness. I could further explain shorting and WHY this should be a multi-DAY run JUST from the shorting angle alone....never mind the actual business fundamentals, but it'd be a lengthy post. Lol
That girl and bi-polar boy, are atressing...and they should be if the days to cover is 4-5 days and higher.
Yep. 101 trading.
He has 50 followers and is the man. You don't know?!?! Lmao.
People can tell really quick who to ignore. Colored posts or not. Lol. Getting jiggy here. We fly very very soon per this action alone.
And they see the news hit and hold long term. Sad really. Sorry new players. I'm not selling a single share till at least .005!
Chart is beautiful here. 8K hits and we'll get another April 3-4 run. Weeeeee
Because they either tried to short it (a group) or impatient rookies. Know what you hold
See this post. Lol
No doubt lucky a$$
ROFL. Sellers= oops
$17K last sell.
A 5 min chart means nothing he said the other day. I about choked on my breakfast. Lol
I completely agree and I'll dump my position too for the true breakout, in a second. I think us real traders get that. I'm after making money or it doesn't make sense/cents ;)
When JBD posts, stocks do just what he says they will lol. If you guys only knew the stocks I trade and the twitter following.
Cray cray "lady" and now AWOL "braid"...I love it. Lol.
If new investors sell, GOOD! Let them. You shouldn't trust yourself with your trading yet.
MELY is going to continue to trade sideways or +1 1- until the 8K.
Just beautiful.
They could mess up a soup sandwich. Lol.
Watch this prediction. We stay around .003 at close and then AH they'll be a PR saying the 8K was filed today.
Haha. Of course I see it and know. Tick flippers are missing PR plus the west coast wake up!!
To .003 looks super easy here.
Indeed!!
25's printing.
You didn't load up on Thursday?
L2 ask is showing 3? Hmmm.
MELY open and go beast mode!
Tomorrow $MELY puts in work!
Twitter follow says yes. Lol ;)
It's not just that. It's being "first"; it's news buzz; it's opportunity; it's a cheap PPS that HAS to hit at least .01 or it gets moved down a class. Etc etc
The MM'ers can only do so much. April 3rd they were taken aback. I see MELY running tomorrow...and HARD.
This play is $$
Hello old friend. You KNOW the drill; $MELY is about to ROCKET north.
Quick recap
The ONLY publicly traded/TRADING bitcoin mining pool (and soon to be SERVER FARM).
The speeds they're projecting, could generate serious revenues, and very quickly.
This ticker is under the NEW 2014 OTC rules. They're class; QB. This HAS to maintain at .01 bid from 5-1-2014 rules to 30 days out. IE soon.
The buzz alone is here; the trading volume is here; the shorts are here; the LONGS are here; the DAILY AND WERKLY charts are here and looking fantastic; the acquisition news is here; the FUTURE is here; the cheap PPS, compared to the runs MELY CAN make are here (see 4/3-4/4)...and THEN, CNBC coverage, etc etc etc.
It's a 100% go from me R/R. I also personally watched it trade from 4/3. This is the CLASSIC OTC runners everyone reads about...AFTER they run.