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I think that's the point of the stop sign. What are they going to do, put another stop sign on it????
Man you guys are like sharks. What benefits me in making such a statement? Maybe I'm simplifying this, but there are two types of MM's. Those that represent a client and those that are trying to just make a market. If I show 15K and someone buys it, it's up to me as a market maker if I decide to show another 15K or not. I guess you can call this manipulation, but to me it's just their decision as someone making a market. If I have a client actually trying to buy or sell, I need to show the size of their buy/sell. I guess with the low volume here I just see this as par for the course on the pinkies. Manipulation is not good in my mind anyhow. All that hints at is that the stock won't show its true value. I don't see that at all as the case here. I'm long, haven't sold anything and am just saying how I see it.
I'm kind of tired of this manipulation talk. You guys are way over analyzing this. It's a pink sheet stock with the impression that we were getting news early this week. Those that were annoyed enough that it didn't happen when they thought it would sold off. And it doesn't look like it was very many. The rest of us just wait for a few weeks hopefully for hopefully for news. If this was really being manipulated, the MM's would have used huge scare tactics and driven this sub penny this week knowing that this board was disappointed by the lack of news. I take the lack of this happening as the MM's just doing what the market desires. Which right now is just drifting slightly downward and potentially being supported by a few that don't like to see it that low. It's not chance that we were at a much higher level than we had seen for some time leading into the day that the board thought news was coming.
Okay friends that know all the ends and outs of how these filings work. Should this show up on Edgar??? If so, why can't I find their previous filings? They show up on the otc site. Do they actually remove old filings? Maybe I just don't know how to search for them. Will there be a delay from showing up at Edgar to showing up on the otc site????
This is expected. Some were expecting news the second the market opened today and want out right away when they don't see it.
Does it just take the new filings to remove the stop sign? Should that be immediately after the filings or is there some process/review??? Anyone know?
Wow! Thanks for the reply. Can't wait!
markoshark, what's your best guess as to the timing of the filing?
I know that more shares will show up as buys come in, but only 15K to .79???? Really? I'm surprised that alone is not causing end of day buying.
That's funny. I didn't take the double meaning to what I said. I was referring to the date/time, not the price. But we can do both!
We should start an over/under on when news will hit!
I wish I had funds. I would love to see what a 20K order placed all at once at .05 would do.
The bid stack is actually larger than the ask stack now!
The higher we are before any news hits, the higher we go as a whole IMHO.
I don't like the fact that VERT has shown up. They are typical diluters. Occasionally, they can be a sign of a run to start, so let's hope that is the case.
Yes, I have level 2. Knowing this are you able to buy now????
Is there any indication from IR if there will be a forthcoming release? Has anyone spoken to them in the last few days????
What is the best place to watch for the filing?
CBGH flying .041 x .042
CBGH .035 x .0409
CBGH wall at .04 finally knocked out.
Not quite...getting close.
Major wall that's been there for some weeks in CBGH is falling.
Wall is falling fast right now!
Lots of attempted dumping going into this run. Doubtful we make any true ground here without news or someone with a big bat to swing at this. Still we're heading to higher ground soon IMHO.
10k to .21???
Agreed. Please post your information. Anything on these boards should be taken with a grain of salt anyhow. If you prefer, email directly. Or maybe you can send to the CBGH team and mako can distribute as he sees fit. Just a thought.
Yeah...what does that mean makoshark????
Actually, that's a great way to annoy them because they'll owe brokerage fees each day. Could force them to eventually move.
I don't understand how this stock generates so much excitement and yet so little volume.
CBGH .0318 print
CBGH .02 x .0318
CBGH running now .026 x .028
CBGH uptick .026 x .0264
CBGH having strong EOD push. .025 x .0262.
This board is crazy the way it goes from tons of posting to no posting at all. Where is everyone this morning????
You COMPLETELY misunderstood my post. I'm not saying people are panicking. I'm saying that when you see someone selling and they have like 175,000 shares at 2, 3, 4 cents, these are probably people that just want out and don't care a bit what this stock is about. I'm saying they are panicking because they don't see liquidity. They are short term holders that trade on momentum. To say these are fake walls is misleading in my opinion. I think they are very real shares held by real shareholders that just aren't long on the stock.
I'm not suggesting the majority of shareholders are panicking and I am definitely not!
Every buy is a sell and every sell is a buy. In other words, it's just a trade. The only difference is whether you are buying/seller directly from a market maker or if they have a client that is trying to buy or sell.
These aren't "fake" walls people. They are just normal folks trying to make a buck. They might have some odd number of shares that they put up and then they come back and see movement, so they change their sell. This stock is not moving. It has no liquidity. It is a pink sheet with a STOP sign on it. 99.9% of traders on this type of stock are just trying to get in and out as fast as they can. If they see loss of liquidity (volume), they panic. They generally aren't even interested in fundamentals. They are interested in catching a wave and liquidity so they can get out. If they see the stock dry up, they panic and want out so they can try their luck at something else. They aren't going to wait around for weeks trying to make money on this.