The Mine That Bird of OTC traders.. also the greatest trader you've never heard of.
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Here's why I'm confused..
If Sonasoft announced some type of dilution free funding deal, then the stock would likely run. I was in another play that made a huge move just on the prospect of a large settlement from a lawsuit.
So wouldn't a "significant" financial compensation payment from a firm like Fidelity, depending on the amount, be the same type of thing?
No one on that other forum seems to be thinking this so maybe I'm missing something here and the payment isn't that big a deal?
We shall see & all IMO only.
What I'm wondering is what a "significant" compensation payment from a firm like Fidelity might actually look like?
Guess we'll find out!
All IMO
SSFT I don't know what to make of this..
There's this -> "Sonasoft and FIS have reached a settlement agreement to end their original partnership contract."
But also, this -> "As part of this settlement agreement, FIS has made a significant compensation payment to Sonasoft."
Hmm... guess we'll see.
All IMO
Wow, this is interesting...
Is this thing going to sputter even lower on Monday?
-> "Sonasoft and FIS have reached a settlement agreement to end their original partnership contract."
Or is this thing about to take off?
-> "As part of this settlement agreement, FIS has made a significant compensation payment to Sonasoft"
Will be interesting to see either way..
All IMO
Friday the 13th, NICE!
They just need to get that report done and the expert market disclaimer off their OTC markets page. All the other recent stuff happening looks pretty interesting..
IMO
Out of respect for some of the traders here who have been supporting their company, management should get their heads out of their a&&es and get the annual report done.
At least have the courtesy of addressing the "Delay in completion of full year annual audit due to delay in receipt of required confirmation documents" crap for the shareholders. Having the "expert market" disclaimer hanging over their page on OTC markets and no comment with now three delays for the same reason does not inspire confidence.
I apologize in advance to Toad for whining, but it's time for management to get their s#it together.
The OTC QB market is getting hot too!
All IMO
Speaking of doing well, nearly every time I've posted my Thanksgiving turkey with you, I've had HUGE wins shortly thereafter. (matter of weeks to a couple of months)
So....
-> as per tradition...
Here's this belated past Thanksgiving's bird!
->
I don't trust this market at all either way. (Too manipulated, IMO) Looks to me like at least parts of the OTC are showing signs of life. If I short anything, it will be oil at some point in the future.. as it should drop if some huge global recession happens.
All IMO
I've been going through a sappy emotional phase, & my trading brain has turned to muck.. all because of women stuff. I'm not even sure I'll ever be appreciated even if I win, and most likely I will come across like this -> LIKE THIS anyway.
I apologize to all of you for being out of the loop and not myself for so long I didn't even see the new interface until just now. (Think Superman 2 where he lost his edge and stupidly gave up his powers.)
I promise to rededicate myself to the task at hand and continue on my path to becoming one of THE MOST POWERFUL OTC TRADERS in the United States. I am currently researching several OTC stocks and learning all I can about the oil industry tonight.. & trying to get my head out of my A%%!
That's right -> WIDE OPEN!
All IMO
Hope you are right. Cheaper re-entry if I decide to short this (IMO) fake garbage market again.. though I may just wait and maybe short oil at some point in the future. At least there the price action seems more natural and event driven vs. (IMO) manipulated PPT & QE bull$hit!
All IMO.
Incredible video, and you can tell he means every word he's saying. Thanks.
It's a total mess. It will likely lead to full-scale cyber & economic warfare on both sides, and then.. when Russia begins to crumble, either his own people take him out or it could turn into something far worse.
Good luck to all!
All IMO
Probably going to be a lot worse & a lot faster than that. There has never been a time where oil & gas prices are where they are now.. that hasn't lead to a recession & market downturn fairly quickly. To this day I believe oil & gas prices were as much a factor for the 2008 crash as the subprime bubble.
Putin is flat-out nuts & indeed Hitler with nukes. I can't believe all of the covid BS has lead to this, but I see unprecedented & historic (probably not in a good way) times ahead.
All IMO
Great, but the market is made of many strategies.
I do wish I had waited till today, but things can change quickly either way right now.
S&P up net 40 from my entry, (big whoop) and I made a large profit on the last leg down when you were bullish.
IMO
LMAO, if you say so.
I trade weeks & months.. not hours, minutes & single days.
Yes, & after that phucing speech.. Lord help us all!
Back in short during the late-afternoon bounce. I grew up in the 80s/90s/early 2000s.. OK, all the way to present day, and I never, until right now, felt like a guy with 6000 nukes was capable of anything.
At the very least I think they will try some sort of asymmetrical or cyber retaliation for the sanctions. Crippling sanctions on Japan played a part in Pearl Harbor.
All IMO
Where the hell is he so I can get a good short entry?!
All IMO
I predict a pretty quiet day for the market itself tomorrow.
I didn't want to leave my short position b/c I think a lot of s#it can happen over the weekend.. including cyber and everything else, but this move seems IMO Powell and NY driven.
I had to stick to rules & secure profits. Would rather have a successful short trade b/c of irresponsible FED policy and inflation anyway. Really didn't feel right being green b/c of Putin.
All IMO
I didn't go short this morning, I took profits.
I'm only playing the moves down on the indexes because (IMO) all of the extreme risk in terms of single day percentage moves for ETFs is to the downside right now. So it's basically risk management for me.
All IMO
Stop-profit saved my ^&%! People always talk about stop-losses, but when I'm solidly green in a trade and it starts to change direction, I set a minimum amount of profit I am unwilling to go below.. When it reaches that general area, I sell to preserve the profit.
I hit that amount at around 10 this morning! I'll be back for any next leg down.
All IMO
I try not to think about it!
I just hope we all still have power & the internet by March!
All IMO
Just the fact that traders were cheering at the close with what's going on, I consider it my patriotic duty to go short whenever possible now for as long as this downtrend continues.
All IMO
I haven't taken any profits yet. If this morning was a short-term low, then it will probably have to consolidate over the next few sessions.
I still have a very uneasy feeling that this situation could spiral very quickly, and I have zero confidence in Putin's mental state or our current "leadership".
All IMO
I agree about the provocations & hypocrisy, (Iraq) but to do a full-scale invasion and basically kill a ton of people for some past geopolitical grievance would be crazy. He did not come across as a rational person in his speech. Hope it was an act.. but not looking that way at the moment.
All IMO
I was thinking about this last night. I know how I feel, having grown up in 1980s (& 90s) America, and then seeing what's happening today. (It's not fun to watch.) If Putin feels about USSR as I feel about Reagan's America, then I can see where he'd be pretty bitter about his country losing a region the size of Texas.
That said, to actually start a large-scale war that would be disastrous to his own country & the world.. he'd have to have gone somewhat mad at some point.
All IMO
I hardly pay attention to the futures other than to get a general idea of what the opening might look like.
IMO, the most important part of any trading day (for the big boards & indexes) is 2:00pm-3:59pm.
All IMO
LMAO, nice! I guess it all comes down to whether Putin is still sane and this was his move.. OR the guy in control of one of the three largest nuclear arsenals has actually gone mad. If it's the latter, then that bid might have a chance someday!
Keep in mind, folks, Ukraine is the size of Texas or a large part of the East Coast. I can't believe many of those Russian troops on the border are happy with the situation or really want to be a part of it. They are also starting to complain about their living conditions.. so we should have an answer soon.
All IMO
& what do you think Macron & Biden are showing right now with this last-minute summit nonsense?
If he does go in, all of this diplomacy was intended to humiliate & turn Macron into a modern-day Neville Chamberlain.
We'll find out soon enough.
All IMO
I agree that it would be insane for Putin to invade Ukraine, but I don't have the confidence you do in his rationality at this point. This is a guy who has been pissed about Ukraine since the breakup of the Soviet Union, and who lost his brother during the German invasion in WW2.
He also probably now sees the West as weak and pathetic, and who can blame him? Perhaps something has gone haywire & he's not the same person he was 20 years ago?
We shall see & all IMO.
All depends on what happens with Russia & what the narrative of the hour is. I am short via ETF and deep green already, so an up day here or there doesn't bother me if the overall trend continues down.
All IMO
Yup, and we are seeing the consequences of this right now.. and it will really get ugly if Putin goes in.
Fed is screwed either way. Keep it going for a select few & prices reach a point where everything implodes.. OR raise rates & have a bad recession with no guarantees that it will solve the problem.
All IMO
Especially that last Covid spending bill.. & they wanted to do yet another one too! INSANE!
IMO
& it's not all Covid connected. IMO, it's government spending & years of bad policy coming home to roost.
& if Putin goes in forget it. Oil will go through the roof, China could ally with them & cut supplies to the US in response to any sanctions making the situation even worse, etc..
All IMO
LMAO, if you say so. I trade stocks and the market. My system works because I don't put myself in a position where I could lose everything in a day.. but to each his own.
I'm not in oil currently because I mostly buy at chart lows, or short in areas that I think are near the top.. & oil is nowhere near chart lows.
And none of what you said addresses the current situation. You sound very defensive at the thought of being wrong. I could care if I'm wrong b/c I'll still be green on the trade. I just feel using a daily chart for an index trade like this, in the current environment, isn't as good a metric as it sometimes is in the OTC.
We shall see & all IMO
I've always enjoyed your interactions, feuds and commentary in the penny universe, but this ain't the OTC. The monthly & weekly look like crap IMO . & Putin doesn't care about bollinger bands.
Even if there is no invasion & everything that comes with it (sanctions, retaliation, etc.), you still have hyperinflation and rate increases to deal with. I just don't see anything positive unless you believe in the melt-up stuff that some are calling for, but I think already happened. (2020-2022)
All IMO ..& I hope there is no war but not counting on it.