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you'll find the answer in the stickied email above
"shortly"
haha who's doing those 911-s LMAO
lol that 100 order, oh well, all in all, a fine day imo
maybe they think it's a sell price compared to .002s ;D
yeah, but there's not a lot going on anywhere else either today as I see
78% of the buzz cloud is red or no change..
whole market is doing poorly lately, nothing wrong with hmit
remaining patient and watching Viva La Bam meantime lol
besides, that 50% shorting represents NOTHING just as you can't trust TRADES page. It shows how many shares were borrowed total that day, but not the amount of shares remaining borrowed by the end of day, some could have been covered( @ intra day dips, hence the games). Just don't worry about daily fluctuations, if you're in this for Verde potential.
I'm not going to wait till closing bell (perhaps I get a surprise that way), everyone, have a good evening and see you tomorrow!
LOL! AFFIRMATIVE!
that trades page doesn't really tell what's going on..
i kind of want to do "911" order ;)
i hope that really is SOS ;DDD
some more MM games:
The market maker (specialist) is granted various informational and trade execution advantages and has a lot of power. They can see everything. WHEN YOU ENTER A STOP LOSS ORDER THE MARKET MAKERS CAN SEE THEM! You may notice from time to time a stock hit a short term low and then move up again. Market makers will do everything in their power to hit the stop losses to build up more shares for their account if they believe the stock will rise again. A stop loss order becomes a market order when it is triggered. If the volume of the bids are low your stop loss will trigger a much lower sale price and bring the stock down with it (referred to as slippage).
don't know how much is true, but interesting never the less imo
from:
http://stocktraderschat.com/tradingforum/general-discussion/1336-mm-signals.html
http://www.thepennystockblog.com/signals.html
dont know if those can be trusted but still interesting :)
100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
LOOOOOOOOOL
someone got filled at 15, hence the wild spread I suppose, slow it down
these HMIT .00's times are special, all the drama, remember them while you can ;)
after HMIT I will be able to drop 10k-s like DG :)
haha!
as monica posted while ago an article about MM-s, once they're in less favorable position, they need to pull out more aggressive tricks
here's the article just in case for those who weren't around back then:
MMs follow a simple code of business when making a market in a stock especially an OTC BB. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market
they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action.
Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some
price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see.
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a
momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get and the NASD is not going to do anything about it. They are merely making the market liquid is their reasoning.
The market makers have created an added complication to the OTCBB's chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB. That makes absolutely no sense what so ever. They feel a large percentage of trades
in the OTC BB market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will
want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the
MMs. What the long-termers do to a stock is surprise the MMs because instead of falling the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders are not supposed to be doing that to them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar mark or percent from where the stock started. Could be a penny in
smaller priced securities? What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says something like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while.
Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads, but a recent SEC investigation tells another story.
MMs have a vast resource of tactics and it would take probably more than my lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is in direct trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB vs the MMs, if the MMs have all the advantages due to position or other factors,
direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and
management is ineffective regardless what is happening within the company.
Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
exactly
lol "entity" lol, I think we all know who was bragging again last week
DAMN :/
i think this might be the actual dip, as our first dip went all the way to .0006, this one might go all the way to .001-11 if it breaks 13/14
still holding mine from .00059, EVEN though i could have made profit already, it's just too early, we haven't had the news and stuff we're waiting for. not day-trading here.
this is pretty good price though :) I could get one more mil
holding mine..
same here haha, I go through all posts that I miss while I'm away
I'm feeling for even more in looong term, but yeah, first goal is to get .01, then .05
missed whole day but couldn't resist checking on phone lol, what a boring day; however if you compare to LCRE, we did very well :)
saw the new DD, thanks!
looks like 2nd day of pullback/churning after hitting 21 just like we had 1st pullback/churning after hitting 14. We'll pick up pace very soon!
Yep. Later! See ya tomorrow.
LOL @ 200 and 777
yep, we damaged the wall of 21s so it will be much quicker with second wave.
well, we had much deeper situation few weeks ago :), got to have those days to go up again, can't go straight..
haha I just noticed it yesterday...we will see who's the winner :) OF THE WINNER STOCKS ;D
haha yeah, that pullback didn't scare me a one bit. And you can't even afford to flip this stock, it gets back up too quick lol
going to have a HUGE volume day, it's important we build strong support here