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I have a question about this CC - if its not taped for others to hear at a later time and the contents of the CC are not PRed , how can other potential investors know about this - only the People listening at the live time will know anything about whats going on with Inca ? so its only the Ihub board again with a few others involved here -
Thank for getting the Questions together - I don't know how long the CC will be but Stacy might not get through all those Questions - She might pick and chose which ones she wants to answer - BWTFDIK -
good morning - I'm feeding my addiction for the day lol
Have a good night all - its 5 o'clock some where --owg those beers cold?
and then you look at NITE and his seller 8 minuter later puts a sell at .0075 - a much smarter seller
and you know DOMS has a lot more than 5000 shares for sale -
some sellers here have learned that they can lower the PPS at the EOD by placing a low ask price - they know that someone will buy EOD - I really cant figure it out WHY these seller want the PPS to go down - its only on paper - But when they sell its a loss in their account - just shaking my head and saying "fools "
and its got to be the same seller - always DOMS
had to put 1manband on ignore - really getting tired of reading the same post over and over -
I would rather nobody buy at the ask - that would lower the PPS - IMO - only buy if the PPS turns GREEN ---
you wonder WHY these sellers put their sells in so much lower that the ask when they see that the shares are selling HIGHER - I'm done for the day - I'm not wasting my summer sitting here looking at this computer screen - like I have the last 2 summers - this PPS will go up or down whether I'm watching or not
thats because we dont get many times to be happy and rejoice when the PPS is up lol
instant profit on that 60k - bet you would like to do that all day long lol
someone else helped - mine were at .007 -thanks who ever
I take care of it for you
Out for the rest of the afternoon - looking at a new home - Wife thinks we need more land ( 100 + acres ) and things for me to Do - she says " we " will do it - Didn't you know I changed my name to - WE - hold down the fort - wont be here for any EOD 's -
If Inca sends me a few tickets - I'll go - lol
Wow - its making me smile again - strange - I thought it was Evan posting last week, didnt everybody ? - thanks Evan - lol
Hope everything is getting better for her - forget about this board for a while - more important things are at home -
Not a bad day - thanks to the .0063 EOD - made me smile - Evan please make us all Smile with a PR that includes a Conf Date and time - thanks
LOL look at these brain Scientist selling for .005 and .0055 - I dont think they understand that the close was .0064 - and there were people buying shares at that price - I will not buy unless the PPS is green or the buy will take it green - - lol
and I just noticed the bid was .0048 - these people are nuts lol
I will be back tomorrow - Cant watch these fools
Evan - how about you buy 1 million at the ask Wed. lol - help us out please
Some one beat me there with the 1000 share buy - thanks to them too
lol have a nice night
For a long weekend this looks like a good read - I dont think its to old the comments are rather new May 12th 2011
http://missoulanews.bigskypress.com/gyrobase/bonanza/Content?oid=1446432&showFullText=true
DrCal - I just saw you were one of the comments so this might be a repost
Every one have a great long weekend - I'm gone till Tuesday - someone hit the EOD for me
Could also be that a lot of the MM'S and others could be taking a long weekend and there to much to do and keep up to date for the people working
Thanks for the reply - You and Stacy and family have a great holiday weekend - thank you
Last time this happened to me when the trading stopped was when the company I had stock in was bought out - not bad I made money
OWG - my reason also - thats why no EOD today - if it doesn't turn green - I will not buy
Some DD about MM'S : from another board
(REPOST)
I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I
have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate
regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals
of the stocks they trade.
They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into
being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called
"wholesalers" this means they don't have retail brokers "working" the stocks.
So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls
up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market
maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM.
If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in
that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on.
Contrary to popular opinion the "Big" firms Do NOT necessarily go to the "Low Offer" to fill a buy order (Or high bid
for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in
the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want
to sell any more.
As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease
getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to
BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount
houses.
With the above groundwork laid, let me try to explain how market makers get short even if they like the Company;
Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's
to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He
fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position.
But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid
.75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He
makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00
offered. Now he has to make a decision.
Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000
but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few
bucks.
But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't
want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is
short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here
because "stocks don't go up forever".
Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short
50k or 100k shares (depending how big his bank is). _________________________
Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around
the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to
note that if this happened to one MM it has probably happened to most all of them.
Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to
slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right
after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit"
by "hitting the bid" on the tight spread.
Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight
spread. Another way is by running the stock up in the morning, averaging up their short then use the above
technique to walk it down in the afternoon.
Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will
materialize thinking that the game is over.
Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short.
They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques
they use but the above are the most popular.
This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB
stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they
get trapped. If the Company has solid fundamentals and a bright future. Then the stock will do very well. And the
activity that caused the situation will prove to even help the future stock activity because it created an audience."
Just food for thought
Money
I slowed down a lot - I use to take it personally if I could not get the PPS up in the last minute - use to hit the ask 3 - 4 or more times - lol - I still sometime still do - I'm addicted
owg - how did you know lol - have a nice night all
oldschoolfool - you are very right - no way would a owner bash their own company - the shareholders DO need to see the filings - good or bad - but Evan and Stacy are the only ones that can post those filings -
the anticipation of waiting for the filings is hard - Evan wants to put all the Money into the product line to raise revenues - but IMO the filing fee should not cut into the product line account that much
But what the F&&& do I know -
Info about Inca has been silent for as long as I can remember - since dirt was discovered -
wait till the days we start trading millions of shares - fun wow
owg have a great evening too - 3:55 to 4 o'clock are my favorite times of the day - it gets the adrenalin flowing - lol
NO - I bought .0053 and .006 at the EOD - the person that sold 170000 for .0048 really has it out for Inca - lol - if they realized that they might be the reason their Inca investment is not going up, they might stop selling -
Thanks seller that was fun - maybe we can do it again tomorrow - Make sure your reading so you know how much your losing - lol I got some pretty cheap thanks to you - THANK YOU
Will the real seller please stand up - everyone else dont worry about the
.0048 this was intensional - forget about it and start the day tomorrow -
Hey seller take us to .002 so I can pick up millions again - lol
I believe NITE has 5k but no way do I believe DOMS has only 5k to sell
Matt - every day this stupid seller tries to get into our minds - laugh at them - they loose if they sell - its only on paper until you sell and this stupid sell doesn't realize this - lol
this seller has all day to play the game but they want to try to make you sell or try to make you have a bad day or to rattle emotions - lol turn off the computer and forget about this seller - you are reading this are you not seller - sooner or later the seller will run out of shares - I see you already ran out of brains
From Evans post :
a little something that hopefully holds you over till the conf call with stacy.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63291354
IMO if 10000000 shares were put out for sale - I don't think we have had enough shareholders to buy them - It would of been obvious if Evan was selling - look what about 1/2 million shares sold did the other day - ?
If Inca wants to sell a few million at .001 - I'll take them lol