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I trade online with RBC my values are still here with all the right changes from yesterday. Both realtimes just looked whacked out at the minute. Stockhouse realtime is showing two of my trades so far are in the red CCTR and HTDS even before market opens.
I am not sure I have two real times and two are both saying something different. Will have to wait when market opens up. Both of the real times are whacked out. One has .30 as pre trades the other has CCTR as being zero and -100% down. I am not sure if either or realtimes might be having problems today.
Is anyone else showing up in realtime a -100% change pre market now? My stockhouse is showing up different now for CCTR as 0.00 and traded N/A
Might be but IHUB realtime is showing the same thing but my stock house realtime is showing something different at the .05 levels. Maybe CCTR going to end up buying shares back...LOL must be sick of being on the SHO list this long. Maybe we will see a turnover to the green today.
I have that too in my realtime at .30 20000. I wonder what is going on? Would be nice if they open at that price. I see another 5000 at that price. My bank let me modify my sell limit price so far. Traded volume at 11,500
CCTR now 40 days on the SHO list Those MM"s have so many short interest they have to start covering soon. Must be a lot of fail to delivers by the looks of how many days it has been on. There is no reason why so many of these stocks should be on this list that long it is ridiculous.
Thank-you havefun. My hubby lost dad early around when his dad in early 60's he died quite fast it did not take long, my grandma died in her eighties even though doctor told her she would only live another 5 years. You too also have a safe and happy week-end. CTIC landed at 1.75 AH so hopefully a good start to the trading week on Monday and good news all around as economy is pulling themselves out of reccession already. CTIC's drug will hopefully get a good review from the FDA.:)
I agree retail investors have to pay straight up commissions and all then so shall they and not profit off our shares we bought fairly, like the real world. I don't know I saw recently on BNN speculation is under investagation since the oil rouge for all stocks. OTC and Pinks should be more monitored since it is easier to manipulate then any other exchanges.
So far I have to agree with you JT with such a small price a company who does a F/S doesn't make sense unless they knew in advance where the company was going or they needed more shares to be added to the stock so it seems as I have noticed how the AS and OS is overloaded than what they would have had previously. What I know of F/S it is suppose to make a share price of stock attractive to a shareholder when the price is too high and give shareholders an encentive, in this case it is not the case. I guess better word to use is foward split then a dreaded reverse split because everyone seems to know what a R/S is compared to a F/S..LOL. I guess that's the risk we take when we get into stocks. 12 billion yikes and the OS at that number double yikes. Thanks JT for the information.
YUP I agree those politicians get nothing done...LOL SEC goes through the motions and dance until something cracks like the economic downturn sure put the shady shorts and MM's in the spotlight enough for them to decide to put back the uptick rules and to instill that MM's must record and present all shorts numbers and fail to delivers I think it was for every month.
I am waiting for the uptick rule to come back.:) This way at least until the price ticks up those shorts cannot do a dang thing and if a stock falls below a certain percentage they cannot do anymore damage to the stock is what I hear they want to do. I have been hearing it for sometime now since April for some reason SEC is resisting it. HMM makes you wonder why when so many companies and other big PPl in the Biz are screaming for it to return. Jack I cannot Ping you sorry I am not suscribed. Too bad a stock does not get halted right away when the action is happening to it as saftey measure for investigations on the stock.
I do agree with you jack it is immoral however SEC doesn't seem to find it unsuitable under the SEC act which also is immoral. I do not like it any better than anyone else but until SEC shuts these loopholes for the MM and shorters to run through they will continue these games with SEC. New rules that makes no investor be able to bend including those criminal MM's.
So many of those MM abuse it though and hope not to get caught from SEC. It is about greed and profit for these guys. It is a pity SEC takes so long to even find out about such sheniagans of the MM and to do something about it. Madoff and Enron is a great example of how SEC continues to fail the average investor. If anyone complains about a certain stock more than one complaint the SEC should look into it right away to make sure it doesn't go so far. SEC no better than these MM's it's almost corrupt polictics.
SEC no better than the MM's they slap these guys if caught with a measly fine in which the MM's gladly pay when they make 10 times more than what the fine is. SEC has not been doing their job to protect the retail investor with these silly loopholes for the shorts and MM's to go through and profit. Companies of the stocks are only now screaming for the SEC to do something about all the naked shorting since the downturn of th economy company blue chips and other stocks were badly bear raided by the shorts and MM's. Only PPL making a killing were them. SEC needs to pretty much stop all the nice play with the MM's and shorts and do not allow PPL to borrow shares and pay up like us retail investors do. Get rid of shorts naked or not and fails to delivers and then we shall see how the field of level playing ground would be like with everyone on the same keel. Dilution of shares is one thing but shorting stocks and keeping a stock down because of it is just as bad.
I am sorry to hear that havefun. It is a shame so many drugs that I have read have worked on so many cancers but yet took years to even be approved yet alone none would be approved. I wish your boss and husband live long happy lives and that they will have those cancer drugs available to them soon. My husband's dad died of pancreatic cancer and so did my grandma.
MM's are like brokerages for other companies they work for them as well as themselves but they do not disclose who they are doing it for. They are actually like hedgers for funds and some insitutionals and insiders amongst other things is how I can explain them they basically control the market on the exchange floor. Whether it be NASDAQ,NYSE,TSX etc Their job basically is to
What Does Market Maker Mean?
A broker-dealer firm that accepts the risk of holding a certain number of shares of a particular security in order to facilitate trading in that security. Each market maker competes for customer order flow by displaying buy and sell quotations for a guaranteed number of shares. Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order. This process takes place in mere seconds. Investopedia explains Market Maker
The Nasdaq is the prime example of an operation of market makers. There are more than 500 member firms that act as Nasdaq market makers, keeping the financial markets running efficiently because they are willing to quote both bid and offer prices for an asset.
Provided by investopedia.com
If you go to their website and surf market marker they give a great idea of where, what, when and the makings of what these guys do. That is true MM's do have a lot more tools to their advantages then the average retail investors. The do not pay the commissions like we do as retail investor each time wee do a trade, they work for some companies who probably get insider information and PR releases to judge what they are going to put on the ask or bid. MM's manipulate to their will as they control the market. Well SEC has slapped down new rules to the shorting or naked shorting for MM's that can be viewed on SEC website. SEC trying to crack down on the wild short interest that has brought the market down in this downturn and to renstate an old up-tick rule. You just need to study the market and play smart with your money and you too will make money. You don't have to be a MM to do that.
Now that is really odd then why do a F/S two that is in the same month regardless of name change. I know some companies have their ticker symbol changed sometimes in a forward split but to have so many forward splits? I wonder if it has to do with the A/S OS float. Could it mean they can bump more shares again. AMNE did that when they had their split it went from 7 billion to 20 billion? PKPL outstanding shares is 67.3M AS and floating shares is 66.7M. Is what my bank is stating as it's standing quote. Why do it on such a small stock price too. So they have quite a few shares do you know if they added on more shares after the fact of the other F/S JT?
FDA too much polictics and red tape not enough what is best for society when it comes to these drugs. Sometimes I wonder too if it is about greed and profit. It's corrupt. I know FDA looking out for saftey of PPL but at what cost to the PPL when most drugs all seem to have side effects regardless of saftey or other issues. If it gives some relief or proven to at least solve some issues it should be given a measure of approval.
PPL are putting stop losses which is actually a bad thing for pinks or OTCBB limit orders are second up to market orders which are first the MM's take stop losses third and to their advantage. I have had no problems with limit orders for penny stocks most get filled some in partials some all in one shot on the days the buying volume is high. Just watch for those days Dean and MM's cannot keep up if the buying demand is high. They will use your shares you want to get rid of over theirs. Easy to understand the more shares the MM's can keep the more they profit.
A market maker is a company that quotes both a buy and a sell price in a financial instrument or commodity, hoping to make a profit on the bid/offer spread, or turn.
In foreign exchange trading, where most deals are conducted over-the-counter and are, therefore, completely virtual, the market maker sells to and buys from its clients. Hence, the client's loss and the spread is the market-maker firm's profit, which gets thus compensated for the effort of providing liquidity in a competitive market. This extra liquidity reduces transaction costs and therefore facilitates trades for the clients, who would otherwise have to accept a worse price or even not be able to trade at all. Most foreign exchange trading firms are market makers and so are many banks, although not in all currency markets.
Most stock exchanges operate on a matched bargain or order driven basis. In such a system there are no designated or official market makers, but market makers nevertheless exist. When a buyer's bid meets a seller's offer or vice versa, the stock exchange's matching system will decide that a deal has been executed.
In the United States, the New York Stock Exchange (NYSE) and American Stock Exchange (AMEX), among others, have a single exchange member, formerly known as specialists, and now as Designated Market Makers, who acts as the official market maker for a given security. In return for a) providing a required amount of liquidity to the security's market, b) taking the other side of trades when there are short-term buy-and-sell-side imbalances in customer orders, and c) attempting to prevent excess volatility, the specialist is granted various informational and trade execution advantages.
Other U.S. exchanges, most prominently the NASDAQ Stock Exchange, employ several competing official market makers in a security. These market makers are required to maintain two-sided markets during exchange hours and are obligated to buy and sell at their displayed bids and offers. They typically do not receive the trading advantages a specialist does, but they do get some, such as the ability to naked short a stock, i.e., selling it without borrowing it. In most situations, only official market makers are permitted to engage in naked shorting.
There are over two thousand market makers in the USA[1] and over a hundred in Canada.[2]
On the London Stock Exchange (LSE) there are official market makers for many securities (but not for shares in the largest and most heavily traded companies, which instead use an automated system called TradElect. Some of the LSE's member firms take on the obligation of always making a two-way price in each of the stocks in which they make markets. It is their prices which are displayed on the Stock Exchange Automated Quotation system, and it is with them that ordinary stockbrokers generally have to deal when buying or selling stock on behalf of their clients.
Proponents of the official market making system claim market makers add to the liquidity and depth of the market by taking a short or long position for a time, thus assuming some risk, in return for hopefully making a small profit. On the LSE one can always buy and sell stock: each stock always has at least two market makers and they are obliged to deal.
This contrasts with some of the smaller order driven markets. On the JSE Securities Exchange, for example, it can be very difficult to determine at what price one would be able to buy or sell even a small block of any of the many illiquid stocks because there are often no buyers or sellers on the order board. However, there is no doubting the liquidity of the big order driven markets in the U.S.
Unofficial market makers are free to operate on order driven markets or, indeed, on the LSE. They do not have the obligation to always be making a two way price but they do not have the advantage that everyone must deal with them either.
Provided by wikipedia
Dean pick a price throw it on limit leave it and forget about it and don't chase the price it will go there and it will get filled. The more you change it the more the MM's will play but if you just pick a price and limit it they will get to it. OTCBB stocks liquidity is good on some and bad on others it has to do with volume and if there is a high demand that day for buying it the volume liquidity is easier to get rid of. If selling pressure is higher yes would be a bit difficult unless you market your shares at the bid buy risky. Just limit and leave it.
LOL Now that is disorganized makes me wonder too JT is it worth it. You would think they would know the proccess a bit before submitting the fact of the F/S.I would have thought FINRA would have informed them in advance before PR such a release. I see the stock is based out of Canada I am in Canada but cannot find the symbol for PKPL on the Canadian Exchange otherwise I would buy it Canadian. Only because we pretty much know what is going on out here when it comes to the oil sands and the shale since I have heard shale is an up an comer for the market. Too bad I live in BC not Alberta otherwise I would check out the company offices.
Yup I noticed with F/S the PPS goes up before the actual F/S takes place and when the ex-divdend date is there too. However it seems after the F/S is completed the PPS doesn't do too hot though.
Comment for what did not mean to insult anyone I don't think I was insulting anyone was just hoping for approval for the PPL who do need it and fast track would be nice since FDA is dragging their feet with a lot of approvals for needed drugs.
Pretty disorganized for a company or is it just all forward splits every company is having problems with.
Well hopefully there will be more action for the next few weeks. Pity they changed the date it kinda offset the volume from the last 2 days when PPl thought today might be when they can get in. Kinda odd for a company to wait two days before the F/S to file with Finra.
SPNG has been on Sho list twice in last 2 months and their price just waviers up and down. The MM's always seem to have shares from almost every stock on the pinks and OTCB. The list was endless and the MM's are just making a killing and taking out the retail investor. They shake shares to distribute to the shorts on some of the most popular stocks and eke the most popular stocks take the hit. Mind you there are many that may not show up on that sho list until there might be fail to deliver too. I had a website also for fail to delivers but cannot remember what it was. The better the demand and the better the supply can wipe the floor with the MM's if PPl didn't sell their shares or panicked each time the MM"s need shares. If PPl held on and the supply is less than the demand there would be less shares to give to shorters so they wouldn't short stocks like this.
SEC needs to close all loopholes of shorting peirod naked or short then they wouldn't have such a horrible list of short interest or fails to delivers in the market that cost the market and cost the retail investor. But we know that is unrealistic for PPl to do in trading. The market is supposed to be or was a very long time ago a balanced market when supply and demand of the traders on a level playing field. Until the institutionals, insiders and shorts came to manipulate the market for their own greed.
YUP funny thing it was removed a while back recently and than again got put back on. I see SPNG there quite often so many shorters in SPNG what a pity that stock has a chance to fly. Some stocks are more on that list more than once a month. I think CCTR hasn't been on that SHO list for some time until now.
I hope it gets approved for the PPL who do need it and hope FDA doesn't drag their behinds about it.
That is all it takes FDA to fast track it. PPL will jump on to CTIC on that alone.
I hope so. HMM maybe if they release at pre-market before bell opens and is good it might look like HGSI did and they did not exactly get straight out approval....LOL I hope they release it in morning. If they don't it might not be good. Most of the biotech stocks I owned did get something from the FDA lately on the dates they were suppose to get so hopefully CTIC will get it on Monday.
www.wabalaba
They tell you who was added and who was removed and how many on short. SEC might have it too.
www.shortsqueeze.com will tell you what the short interest is.
Some shorts have an ex amount of days to cover and some shorts do not then you get fail to delivers in which the MM's now have to cover those fails to deliver. But they all have to cover it sometime when the day comes. CCTR has right now 35 shorts they have been on the SHO list since July 15,2009. You will see days when the shorts are trying to cover by looking at the ask and bid don't match up to what the sale has gone through those are trades that were made by shorts and it is ugly because shorts will lowball the stock when they short and then pocket the difference when they give back the shares. MM's also probably doing some dilution as they make money off the volume as well if the stock goes down.
It's about supply and demand the more shares the MM's can take from you the cheaper they get it at to give to the shorts and it is the shorts and MM's that make the profit. If MM's could not shake shares for the supply or demand the PPS rises and they have to release their shares. In order to fill both supply and demands. However MM's always try to panic PPL to release their shares so they try and bring the PPS down to see who will shake.
Once it has been removed from the SHO list it will move. Any stock right now under SHO list or is added will sway a bit and then go right back up. SPNG and IDOI were on it and they shot up again with gains when removed IDOI is removed but SPNG is not that is why it keeps where it is for now. Same will happen with CCTR for a bit then bang up it goes. I have seen this many times on a SHO list stock and it is ridiculous but the gains will come.
Sounds like CCTR is correct but when you throw in the factors of supply and demand and like CCTR stated in their PR the short squeeze it could be more with day traders coming in too makes that PPS either go up real fast and down some too real fast. Once they are removed from the SHO list though the PPS stablizes a bit not as volitile.INMHO
Thanks whirly for the link. I too learned from the AMNE split. If I see an ex-divdend date I know now not to get in until the ex date. I hope not to see though after the split any more shares added onto the float. Actually kinda hoping they do not have an ex date, there was so much confusion.
PKPL split looks a bit different not sure if I was reading it correctly but it is 10-1 F/S however an additional 9 shares would be given for every one share you own on the F/S date. AMNE only gave the 5-1 split with no additional shares. So I am assuming that is 10-1 plus nine additional shares for every one that you own is that correct if not please correct me sounds almost like a 19-1 but not exactly.
I have so far read only the date of course is now switched. Probably I agree with you JT they will release ex-divdend date closer to the date of the F/S. Mind you I have read some companies that have done a F/S and just have a date with no ex divdend date. Can they do a F/S without a ex divdend date if they don't have to use one?
Might be that there is no ex divdend date. Either you must be in at that date they state and be a shareholder or you don't get the forward shares. JMHO.
RBC may be a bad online investment banking since their commissions suck...LOL So far though notably they have been pretty good at estimating the stock for performance I noticed. It changes though everyday for each time the stock trades but so far no change for CCTR for performance still at 3.00. Better OTCBB stocks then pinks...LOL I find the OTCBB has a bit more of a vying chance at reaching it's peaks then pinky land, I do own a few pinks but my OTCBB stocks do better pinks just more volitile. Some pinks do make it but very few unless they upgrade to OTCBB.INMHO
Chinese stocks are good potential anyway they are the movers and shakers so far on the market and with potiental ones you can make good money. I like CCTR I always have only thing I regret is I never got into it when it was in subpenny land months ago it was on my watchlist since last year.
Actually my RBC bank investment pegs it close to 3.00 bucks for this year performance.:) I am assuming my RBC just being conservative about it.
I am glad insitutuinals are buying in it's a good thing because stocks with more insitutional buying are always market leaders and tend to move within the markets better. I wouldn't put it past those insitutionals to have the information before the retail investor. I know something is up when huge blocks like that goes through and CTIC rises rapidly that has got to be insitutional...LOL It seems to be the patteren for CTIC right now so far by watching it and up to including their approval pending. So far CTIC has kept pretty stable considering FDA dragging their feet on the approval for biotech stocks. It looks all around good for CTIC hopefully it will be better when FDA stamps for approval :) This is probably the one stock I don't worry about up or down only because I know something good might turn out for it.
These guys bought because they got the PR just released before we did. CTIC just got a hefty investor for 30 million. No wonder why CTIC was up. Should be interesting to see what FDA would do lately they have been pretty bad with releasing approvals and behind never mind 3 of my biotechs got the thumbs down so I hope CTIC won't be one of them that gets the thumbs down but the one who gets the thumbs up.