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The good news is that they cannot short any move shares now until they cover.. So either they are patient and they get enough people to dump their shares and are ok, or we get some volume and they get burnt... I am hoping for the later. Bastages..!!
How much of that 54million share day shorted? Do you recall?
They might have 6mil covered today but I am guessing it was a much higer number than that.
Thats for sure. 5's are bogus asks. They cannot let this get out of control by seeing the mental 6 barrier, if it does then we could start a run and with them being on the REG SHO they cannot short it back down "legally". If this happens things will get ugly in a hurry but you can bet that once they cover they will short this until it bleeds.. Funny thing is that even shorting it to trip 1's isn't to far from where we already are.. lmao.
I am tapped out with buying shares "on sale" from this and many others and have been patiently waiting for the Fall movement to begin. If I get a runner in the near future you can bet I will pile in some more in here. It sucks when you over extend your bank role but I did... Another lesson learned.
I think you might be right... That or the MM are just looking for someone to jump off.. I can feel things getting tight. I just wish I felt like the MM'ers were REQUIRED to cover the short. If they get burned at all they are going to punish this stock, not like they haven't already.
I am actually surprised they don't move to .0003 just out of spite to try and shake things.
We could have all told you that. Unless its to uplist with the big boys its always a death sentence. It will drop 20% out of the gate and then slowly go down while they dilute which will likly come after a little good news so they can really stick it to the investors. Show volume, steady prices, dilute. I have been in this stock long enough to know that if they were going to be successful they would have been long ago. The dreams of walmart are just that, dreams. The CEO has proven that the core business is to make money from selling stock while using the bulbs as a front.
" in certain non-reporting securities" This is the question and I am sure if it is vague it will be exploited. If not then I am sure there are plenty of people in at trip 3's with sells at trip 5's. Just how it seems to work lately. I hope the trip 3 investers are greedy!
Or the opposite, with POSC ( peice of Sh!T company )getting busted maybe the new CEO is a little gun shy of PR'ing more BS.
Even with the Reverse Spilt?
20 to 1... And the rich just keep getting richer.
I'll use my last couple bucks and buy a lottery ticket.
RELM please PR something. Anything would be great.
Either confirming auditing, that RELM is alive and well, heck, anything good or bad.
We have all been on the losing end of the stock for a while, Even if its to put us out of our misery, I’d be happy.
It adds confidence to investors, keeps people from thinking they can sit on the bid, and can be the trigger others are waiting for. Most MOMO traders cannot handle missing a run.
3@ .0004 X 3@.0005
It would be cool if the SEC would force a call on all shorts...
Not I.. I have called, left messages, etc. Nothing.
The good part.. An actual person did answer the phone so they are still there and still in business.
You are correct.. Kinda, You cannot short down here so anyone claiming to is likely full of bs unless they have a personal broker and then I am not completely sure.
The Market Makers CAN and DO short the piss out of all penny stocks. Its a simple game of showing less demand then is actually there. They then suck all the shares / money off the impatient and laugh all the way to the bank. While they are suposed to be making a market, they are actually playing the same game we are with a stacked deck.
dilusion on the ask?
Look at the chart. 26 days of solid buying and not selling. The 3 days showing sales are also days where they were shorted naked. the reality base here is that .0005 is the minimum people are letting their shares go for. These are the .0003 that were bought from the MM trying to drive this into the ground.
Its the fall which means real money is flowing in and we are getting a little bit of the action. MM oversold this asset which means we will go higher. Longs here already know what this can do.. We are in good shape, if RELM hits the wire it will be very interesting.
Looks like they are looking to cover @ .0004 but not having much luck. Eturd is taking it in the shorts. Going to be fun to watch.
Check out RELM, volume and pps up. REGSHO list... Squeeze Play.
RELM is starting to run. Volume alert. REGSHO list. Squeeze in action.
Covering all they can at .0004
My guess is that a large holder finally gave in but we will have to wait for the short report to know for sure.
2 @ 0005
2 @ 0006
1 @ 0008
1 @ 0008
4 on the bid @ 0004
Bout time they got called on playing hot potato shorting.
Lol, That would be the same guys that have been around here for a while. Glad to see them still on board. I love it when I see the 777's.
Quality Post.. Funny to boot.
Does your .01 account for: http://secfilings.com/searchresultswide.aspx?link=2&filingid=7435182
Thats 350 million more shares.. They are not even breaking even.
They have had retail deals in the past. Were in Walgreens and such. I guess I am at a loss as to how pathetic they are run. I could turn a profit selling these on the street corner.
And here comes another 45 mil.. Friggin unbelievable. POS.
Looks like Babke needs the 36k to make his rent this month.
Problem is the chart just peaked.. We will see increased volume with the flip, and a PPS rise. They are going to be brutal tomorrow trying to squash the run. If we can hold until Monday it will get even uglier... If seasoned investors are comming in, its gonna get interesting.
Any they can short the cover when teaming up with other MM'ers so when you see NITE and ETMM playing the back and forth game you know what is going on... Basically extending the covering time.
Cash money says tomorrow we start the run.
Lol, Nope, I spent the last 19 days fishing on Lake Michigan!! What a great place to fish... Still plaing catchup. I am fine withthe price. It will be back into the penny range over the next couple months. Fall is always a good time to be in sub penny stocks and this one should be huge.
Looks like ETMM is out. Anyone been paying attention to see if he just left or has been out of the action for a while now?
I hear ya. School officially starts tomorrow. Alas, peace and quiet around the house for a few hours a day.
Funny, I was just watching that. Looks like today is shaping up nicely for a run on Wednesday. Tomorrow should be down to .0003 for a bit followed by strong buying on Wednesday through Friday morning.
We are almost through the storm. The company hasn't done anything to scream sell. Summer is almost over. We will see a steady climb over the comming months.
WLSI is at 15 billion and traded .0011 a month ago.
I still remember your comment...
Hoping he gets Dick Cancer.. I still laugh about that.. Too Funny.
Wow, looks like we are taking a beating. Been on the upper peninsula for the past couple weeks catching smallmouth bass. What a hoot... Back to reality I guess. Go Relm!
I see that mine went through when VERT moved to .0006 on the ask.
Is anyone here getting a part of those 2.5 or 4 mill dumps? I have an order in for .0006 and its not filling even though I am watching others go through. I did pick up a handful at the ask and it went through just fine.