Swing Trades, Breakout Plays, Bouncers
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I've sent 4 emails in two week period of time and no single response, just FWIW.
We still have hopes to get some buying pressure and get rid of BMAS for good unless BMAS decides to dump and take out the .0002 support.
Only 200 million or so shares has been traded since Oct 8 when the pps hit .0024.
We can get back to .002's with half of that 200 mill vol.
However, if .0002 support breaks, BANI will be done for, IMO.
There will be only another R/S coming.
The more shares are sold down low trip zeros, the harder to break out.
Nice to see some buys coming in
Sell! Sell! Sell!
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and load me
BANI@.0003 rock bottom.
Pick some up here and enjoy the ride.
The infamous BMAS is back at .0003
agreed!
EVFN, EVLN, SWRS, and whatever else companies he operates.
Dennis Mc's stocks are all garbages.
You don't even get a flipping chance.
Those stocks are even ignored by daytraders.
I think the short data, if there's any, will show 2 weeks after the ticker change just like BANID did in September.
Shortie BMAS is trying to buy @ .0006.
Do not sell!
Let him cover @ ask.
That sucks.
Hopefully BANI will deliver the shares soon so that the DTC issue will be cleared.
Eturd says it usually takes 4-6 weeks so we will see.
New shorting laws come into effect
4320. Short Sale Delivery Requirements
This version of the rule (or interpretive material) does not become effective until Oct 15 2010
This rule was introduced with the filing of SR-FINRA-2010-028, which has been approved by the SEC. This rule becomes effective on October 15, 2010.
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.[color=red][/color]
(1) Provided, however, if a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency for thirty-five consecutive settlement days in a non-reporting threshold security that was sold pursuant to SEC Rule 144, the participant shall immediately thereafter close out the fail to deliver position in the security by purchasing securities of like kind and quantity. The requirements in paragraph (b) shall apply to all such fails to deliver that are not closed out in conformance with this paragraph (a)(1).
(b) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days (or 35 consecutive settlement days if entitled to rely on paragraph (a)(1)), the participant and any broker or dealer for which it clears transactions, including any market maker that would otherwise be entitled to rely on the exception provided in paragraph (b)(2)(iii) of Rule 203 of SEC Regulation SHO, may not accept a short sale order in the non-reporting threshold security from another person, or effect a short sale in the non-reporting threshold security for its own account, without borrowing the security or entering into a bona-fide arrangement to borrow the security, until the participant closes out the fail to deliver position by purchasing securities of like kind and quantity and that purchase has cleared and settled at a registered clearing agency.
(c) If a participant of a registered clearing agency reasonably allocates a portion of a fail to deliver position to another registered broker or dealer for which it clears trades or for which it is responsible for settlement, based on such broker or dealer's short position, then the provisions of this Rule relating to such fail to deliver position shall apply to the portion of the fail to deliver position allocated to such registered broker or dealer, and not to the participant.
(d) A participant of a registered clearing agency shall not be deemed to have fulfilled the requirements of this Rule where the participant enters into an arrangement with another person to purchase securities as required by this Rule, and the participant knows or has reason to know that the other person will not deliver securities in settlement of the purchase.
(e) For the purposes of this Rule, the following terms shall have the meanings below:
(1) the term “market maker” has the same meaning as in Section 3(a)(38) of the Exchange Act.
(2) the term “non-reporting threshold security” means any equity security of an issuer that is not registered pursuant to Section 12 of the Exchange Act and for which the issuer is not required to file reports pursuant to Section 15(d) of the Exchange Act:
(A) for which there is an aggregate fail to deliver position for five consecutive settlement days at a registered clearing agency of 10,000 shares or more and for which on each settlement day during the five consecutive settlement day period, the reported last sale during normal market hours for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more, provided that if there is no reported last sale on a particular settlement day, then the price used to value the position on such settlement day would be the previously reported last sale; and
(B) is included on a list published by FINRA.
A security shall cease to be a non-reporting threshold security if the aggregate fail to deliver position at a registered clearing agency does not meet or exceed either of the threshold tests specified in paragraph (e)(2)(A) of this Rule for five consecutive settlement days.
(3) the term “participant” means a participant as defined in Section 3(a)(24) of the Exchange Act, that is a FINRA member.
(4) the term “registered clearing agency” means a clearing agency, as defined in Section 3(a)(23)(A) of the Exchange Act, that is registered with the SEC pursuant to Section 17A of the Exchange Act.
(5) the term “settlement day” means any business day on which deliveries of securities and payments of money may be made through the facilities of a registered clearing agency.
(f) Pursuant to the Rule 9600 Series, the staff, for good cause shown after taking into consideration all relevant factors, may grant an exemption from the provisions of this Rule, either unconditionally or on specified terms and conditions, to any transaction or class of transactions, or to any security or class of securities, or to any person or class of persons, if such exemption is consistent with the protection of investors and the public interest.
http://finra.complinet.com/en/display/display.html?rbid=2403&element_id=9398
Amended by SR-FINRA-2010-028 eff. Oct. 15, 2010.
Amended by SR-FINRA-2007-013 eff. Oct. 15, 2007.
Amended by SR-NASD-2006-071 eff. July 3, 2006.
Amended by SR-NASD-2004-044 eff. July 3, 2006.
Amended by SR-NASD-2004-175 eff. Jan. 3, 2005.
Amended by SR-NASD-97-28 eff. Aug. 7, 1997.
Deleted and replaced with former Appendix B by SR-NASD-93-48 eff. Mar. 8, 1994.
Added eff. Sept. 24, 1973.
Selected Notices: 73-05, 73-45, 73-54, 73-67, 06-28, 07-45, 10-35.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=55540782
agreed
Better get in before news update hits the wire!
That's a sign of a significant pps surge ahead, IMO.
BEHL is definitely not a scam.
It is just another pink sheet company that treats shareholders as an ATM.
It's time for bulls to take control and pressure the shorties.
BMAS gone up to .51
Nice steal @ .0008..
Buys coming in! BMAS move your bumass!
Anyone know about Wednesday's free L2 and free unlimited posts?
I've heard about it but couldn't find a link anywhere.
TIA!
I think we are having another hammer on chart today.
Now sellers are taking control, but once buyers take control at the end of day, it will make a hammer.
It will go back up and draw a nice hammer on the chart, leading a very bullish sign, IMO.
That was clever lol
.0002 is up for grabs for those who are interested.
Come on djr63,
You bought in BANI b/c you saw some money to be made.
This is a great opportunity to make at least 3-4 baggers.
Pick up some shares and grab the opportunity.
"Trade What You See, Not What You Think" - Deron Wagner
Seems ppl don't like the "almost completed new product development"
Q: why bother spend money on such useless news?
A: In order to sell shares to pay DF himself some nice salary.
My guess about short covering is MM's will keep try and cover their FTDs until Oct 20.
BANI(D) was on the Rule3210 flag list from Sep 24 to Oct 6, for 9 consecutive days and Oct 20 is the last day MM's are required to clear all the FTDs.
I'm pretty certain that there will be EOD buying pressure until Oct 20 b/c MMs will have to cover their FTDs each day as time is running out for them.
BANI doesn't have CE.
It is Pink Sheets Limited Information, which is right below the Pink Sheets Current Info.
http://www.otcmarkets.com/stock/BANI/quote
Did you all see yesterday's EOD buys?
That reckless EOD buys are one of the proof that MM's are running out of time to cover their naked shorts and FTDs.
They are restricting buys b/c they have significant Failures To Delivers.
They need to cover their FTDs, and they'll allow you to buy BANI again when they are done covering all the naked shorts.
If the accumulation continues, and the pps goes up more, they'll be forced to cover at higher prices.
IMO.
ABWTQ info. FWIW: Significant Failures to Deliver Yes - Reg SHO
ABWTQ Reg SHO Threshold Flag raised for 15 consecutive trading days.
270k shares or more have been naked shorted and failed to delivered for over 3 weeks. Could be millions of shares sold are air shares (FTDs).
Reg SHO & Rule 3210 Status
Date Reg SHO Threshold Flag
Oct 12, 2010 Yes
Oct 11, 2010 Yes
Oct 8, 2010 Yes
Oct 7, 2010 Yes
Oct 6, 2010 Yes
Oct 5, 2010 Yes
Oct 4, 2010 Yes
Oct 1, 2010 Yes
Sept 30, 2010 Yes
Sept 29, 2010 Yes
Sept 28, 2010 Yes
Sept 27, 2010 Yes
Sept 24, 2010 Yes
Sept 23, 2010 Yes
Sept 22, 2010 Yes
http://www.otcmarkets.com/stock/ABWTQ/short-sales
Regulation SHO defines threshold securities as any equity security of an issuer that is registered under Section 12, or that is required to file reports pursuant to Section 15(d) and where, for five consecutive settlement days:
there are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security; AND
the level of fails is equal to at least one-half of one percent of the issuer's total shares outstanding
http://www.otcmarkets.com/otcqb/marketActivity/reg-sho-otc
There's not much of an update from BEHL, really.
They are still putting out PR's about promises without follow ups.
They are asking the shareholders to be their ATM.
However, in the short term, they'll have to give the shareholder some meat in order to sell more shares since the pps is so down now (.0009 today) that they can't raise as much capital as they want.
1) This short term pop is what I'm looking at
2) Their algae production will sometime in the future be ready or at least get a lot of attention, which can lead to a huge contract or a buyout. This can be a mid-term potential.
3) In the long term, I don't see much as far as I'm concerned. I don't think they have the technology and management to mass produce and sell their products - whatever their products may be in the long term future.
So what's your thought on BEHL?
Significant Failures to Deliver Yes - Rule 3210
I still see above in otcmarkets.com
http://www.otcmarkets.com/stock/BANI/company-info
Looks like FTD's haven't been fully covered yet.
.0016 up and hitting. Very nice EOD action.
Share Structure
Market Value1 $12,401,009 a/o Oct 11, 2010
Shares Outstanding 31,002,522,194 a/o Aug 02, 2010
Float 4,001,391,374 a/o Aug 18, 2010
Authorized Shares 50,000,000,000 a/o Aug 02, 2010
Par Value 0.0001
http://www.otcmarkets.com/stock/VGPR/company-info
Good point!
You load up when you see an upside potential!
I see at least 4 baggers from here.
They, VGPR officers, get to sell more shares by doing a reverse stock split.
With the cash generated from selling stocks, they can pay themselves a handsome salary.
They don't seem to wannna stop selling now.
More dumping @.0003.
Big hits @.0014...
BANI won't stay at teens for long, IMO.