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Who knows, but the action this week has certainly picked up and changed from past month plus
Someone trying to prevent red to green move, 90k slapped at a 10k ask and hasn't budged followed by a 5k share paint down to show red
Volume before price and seeing the bid start to grow with over 700k showing on the bid and not much currently showing on the ask with as you showed decent buy volume already
Volume already higher this week that the past 3 weeks combined and on pace to surpass total volume over past month+ during this week
The trading tells me that when the games stop, it should move pretty quick, hopefully that starts to happen before a volume increase. If we can slowly move back up on low volume we could avoid increased shorting until we get to a decent price where volume will kick in.
Make no mistake, when volume increases consistently enough MM's will step back in and start shorting because that's what they do but something has kept them at bay for near 2 months now
Beats me, but all I know if that this trading is not normal, it is not dilution and has not been shorting by MM's, so what else could it be except institutional MM loading one way or another.
And for a stock with such little attention, such low volume for a very long period that is odd, certainly leads one to believe that someone knows something and is trying to load as many cheap shares as they can while they can
It filled at 10k .0185 and was also a 20k trade at .0185 at the same time, lot of double prints today, shows more of potential double print buying.
"This leads to another variation of this called the go along buyer. It means when a broker knows there is a big buyer in the stock who is carefully buying at good prices. Instead of standing there all day and trying to work the stock, he will leave instructions with the specialist to tag along with the other buyer. In other words, whenever buyer A buys stock, I want to buy stock there too, same shares, same price. "
https://whenindoubtgetout.wordpress.com/2011/05/30/double-and-triple-prints/
Well if they are trying to load for a large pocket investor, it is a game of trying to load at the best price, but you also dont want to crash the price and hurt that same investor. So in a way a balancing act, they are not trying to hurt the share price as much as trying to load at a target price, that price might be right around .01 where we seem to see content reloading of large bids
It is clearly not dilution as the share count it updated daily by the TA and the TA would have to be notified if shares were added.
Shares could come from the same MM that is trying to load a standing order in a means to manipulate the price down to try and get retail to sell, so I am sure there is some retail selling, how much is hard to guess. Like adjusted said, MM can easily sell shares to themselves to push the price down or knowing there was shorting the other day of 1M shares, the loading party can use that to their advantage to manipulate the price and load shares knowing MM's will need to cover.
Basically the MM loading can sell shares, make a profit while trying to load more shares lower.
They typically would but we have not seen it happening, so I am not certain where the shares are coming from at times, but all I know if that the way the trades happen at least one side of the transaction is not normal retail because normal retail cannot do things like that.
Perhaps those shares were a retail sell and the MM loading shares just instantly jumped at the offer before the shares even hit L2.
That only helps to the extent oil producers are investing more money in oil production, higher prices does not mean they are it just means demand is outpacing supply
Oil prices are higher but Oil companies are still holding back on large investment to increase production capacity due to the current admin. Between restrictions on getting permits to drill more and being told that fossil fuels are being phased out production and investment is being held back which is why prices are so high
No shorts yesterday even with 2 prints of 218k shares on the ask with only 218k showing on the ask, looks more like tag along buying and large pocket accumulation
Just wait till it is $100k swings, people have talked about $1 and such, to get there you will have to have balls of steal to see account go down by $250k before going back up $500k
And that 250k ask block still sitting there now 15 minutes after close, GTSM still showing both their bid and ask
250k has been bouncing on and off the ask
The shorting I wonder, is it the same MM's that are trying to load shares for someone, so the price started to move up so they shorted it to prevent the move and pushed it back down? Being that the action was being driven by institutional MM's they could easily short if they felt the need to control the price.
Certainly a change in the action of the past few weeks
218k on the ask and it took 2 218k slaps to take it down? Games galore
They have been used to entice bid selling, most of the time when this blocks are hit they get pulled, they may have the shares to sell, but the intent is to not sell them but to get someone else to sell so they can load more shares.
Say I loaded 400k shares in the low .01's, I can chuck those up at ,0124 to try and get more fills in the low 1;s, if I get hit I make a small profit but also will try to reload even more lower
500k on the ask at .0124 and then 400k on bid at .0105, looks like the games are really back in action, this is what we were seeing for quite a while, fake ask blocks that move when hit to try and fill large bids in low 1's
Lol, 30k hits the bid at .0118 and the 500k block is pulled already
Over 1M shares shorted yesterday on 1.8M in volume, so only 800k in shares were not MM shorting, so who is doing what?
1M in volume in 2 minutes, total volume last week was 147k, last time an entire day was over 1M was June 10th, and out of that 1M, two 300k trade back to back at .0107 and .0108 neither of which were on the bid or ask and 2 100k trades at .0108 which were also not on L2. All followed by a 400k bid.
Not normal what so ever.
Trading not organic what so ever, games being played to load shares big time.
Very similar action to the 6M+ sale mid May, all the sudden large market order to take out all bids then large fills toward the bottom, in this case 600k filled at .0107/.0108 while nothing showed on the bid and right after the sale another 400k popped on the bid.
highest daily volume since that 6M shares trade as well.
two 300k trades offset out of that, 300k at .0108 and 300k at .0107 and now 400k sitting on the bid.
Where did those bids come from? Nothing was showing for past week and then all the sudden these bids get filled? More loading games
Float here is locked up tight, seems that large pockets have been loading for quite some time but more recently institutional MM's have been loading for someone, ton of odd trading with zero shorting
Could be, I mean if whoever was loading or is loading is trying to get a certain amount and perhaps knows things are ready to start hitting they may get more aggressive to get their fill
Could be, could be trying to raise price up to see if there are any sellers at higher prices.
Would be nice to see a strong close and stay above .02 for good, a 75%-100%+ move on low volume could set off some scanners and get some attention for the move alone, people loving low floaters at the moment
That burst was higher than total daily volume for near the past 2 weeks
Looks like this could move 100% today on very little volume
Perhaps someone getting the leak ahead of time of pending release
And France and Canada I believe on top of the middle eastern and south american connections
Looking more and more like standing order loading from large pocket investors.
Retail went to hit the ask at .0135 for 10k (I know because the person who did it told me)
Instantly 11k goes off at .01275 (clearly not retail), then the retail order gets filled with 900 at .013 and 9100 at .0135 2 seconds later, followed by 20k whacked to .012 minutes later with the bid then reloading the 20k.
That is very abnormal for just a run of the mill 10k slap of the ask when 126k is showing across 4 MM's at .0135, more and more evidence of loading happening via institutional MM's using algo trading for large standing orders.
Management said they are just waiting on you to sell, nothing about being overwhelmed, just don't like whiny bitches being involved in their stock
He would only get added if they updated their Nevada SoS filings, the listed officers would match the state designation filings. But still a good sign to keep that updated
Yup, the amount of money management has put in without getting anything out, F&F buying over $300k worth, direct family seeming to own over 70M of common shares per the financial statements, the ongoing odd trading which seems like more large pocket accumulation.
Overall accumulation continues to hit all time highs and this float is locked up tight, get more and more the feeling that people in the know have been locking up the float and when the time is right this thing is going to take off.
Agreed, except I am wondering more if this is large pocket investors using institutional MM's to load, trading has been odd and using algo's that regular retail cannot due, numerous 5 & 6 digit trades, undercutting the ask to prevent an ask slap, ask orders that don't change when hit, all the while there has been no shorting happening.
I have speculated for a while about people in the know loading and the recent trading has made me think this even more, large standing orders that are being executed by algo trading including using these large market type orders to entice selling.
I don't think a regular retail traders was sitting on 10M place shares to market sell 7M to fill 6M in the hopes of getting that other 1M shares back