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EXACTLY!
I asked the same question yesterday...No reply so far.
When did it dive on good news? TIA
Thank you..
When do we get the 10Q?
Well honestly sir I wish there was something to be happy or cheerful about here.
Good night to you...GL to all longs. I am pretty sure we're going to need it.
New to the board here...Can you please explain what you are referring to with the CEO paying 15k for a promo? TIA
LOL...we just gave him the same answer. Nicely done sir.
Of course that is the case. Consider what you are saying. You had a bid to buy @ .0001 along with other people....At the same time the ask was @.0002 meaning that if you want some shares at that time you must pay .0002 or wait at the bid to see if someone wants to sell their shares to you at .0001. Apparently at that time noone wanted to sell to you and so your order wasn't filled. Later as you say, the bids were all gone and the asking price for the stock was lowered to .0001. So if you put in an order to buy @ 0001 your order would of course be instantly filled because people are now selling it @ 0001. Hope this helps. But am guessing people would rather just think there is some huge conspiracy going on as opposed to logical supply and demand.
I don't think you understand my point. I am alleging that your l2 shows you a closed bid because there are NO bids waiting to be filled. In other words any order that someone put in @.0001 was so few and so far in between, it was IMMEDIATELY filled. So there was no need for the order to sit there on the bid side or show as an "Open Bid" on your l2.
Now you said something earlier that concerned me. You said:
Nope there were bids with ASYI, mine included...This manipulation has been quite obvious in the last several weeks, but that's okay because it's all about to change, GO ASYI/MKHD/GCS....Let's Rocket to the top.
So for this to be true, this means that you and others have entered an order with your broker (in this case @.0001) to buy and your broker has refused to enter it. Can you and the others that this happened to please let us know what happened when you called your brokers and asked them why they were not entering your bid request? TIA
Yes! The bid is closed because there is NO BID...lol makes a lot of sense
In the example you give, it certainly didn't hurt that it was being promoted up to those levels. But yes, anything is possible in pinkyland.
I see your point. Bottom line though is short sellers cause the same kind of momentum (down) as buyers do when they are playing a stock. And absolutely shorters play stocks at this level. I have seen shorters play stocks all the way down to .0001. Happens all the time in stinky pinky land.
It may, but I doubt it. Can you please post what you see on the chart that indicates a 6-7 price point to you? TIA
Correct, I forgot about the drop launch delay. Not sure why you don't think shorting has anything to do with it though...Did you look at the shorting report? For the last month on average, half of the daily volume has been shorting. Thoughts?
UHD you are correct...The unbridled negativity here with little to no facts to back it up gives it away. Shorters are doing their best to keep it down. My guess is that they've done about all the damage they can do with the pps. This is a real company, with a real product, and with real sales. Keep the faith brotha!!!!
Another heavy day of short selling although it was less than yesterday. Unfortunately looks like patience is going to be the key here. You can look back at the chart starting the first of July, combined with the lack of any material news, and deduce that short sellers saw blood in the water. The stock has fallen 60% since July 1 seemingly without anything material happenings to substantiate. The prospects of positive news with the cc slowed the fall and also the short sellers. However, with not much to report, they continue to take it down the last few days. It appears to me that a bottom is forming around the 10-11 area as we have held it four times. If this holds, my guess is shorters will lose interest and we can begin with the uptrend. See short report below. Stay strong because shorts will eventually have to cover once we see a change in momentum!! All IMVHO of course.
http://otcshortreport.com/
http://stockcharts.com/h-sc/ui?s=DROP&p=D&b=5&g=0&id=p98784011242&a=274146082&listNum=1
That's because nobody wants to buy 2's when they know they can get 1's. It's been going on for weeks.
thanks for helping while you could griff....did a great job
Looks like the shorts have found us... half the volume yesterday was short
http://otcshortreport.com/
Supposed to be Friday..I'm sure ah.
Board is hopping today/night...something must be in the works!
You don't foresee any movement based on financials Friday? That was really my question/point.
No...actually I said "we". LOL!!! Ok, fine. I will go first. I think that we spend the next two days essentially flat on low volume and close Monday between 24 and 26 once traders see there's not much to be excited about right now.
Thank you for pointing this out. It is so ridiculous that some keep talking about the chart or the technicals here. Anyone that knows anything about how TA works knows that it is based on the PRICE MOVEMENT in a stock. Now for some reason I don't think the science does much good when we are talking about the movement between no bid, 0001 and 0002 over and over again. LOL! Charts and TA mean absolutely nothing at this level especially considering how long the pps has been at this level.
fh..i was hoping to get a response on your opinion of the momentum happening here. if my question was off topic or offensive, I apologize. just trying to learn...TIA
macd did curl over a little today...but i agree still overall upward. we also have higher lows since last week, that is good news as well. onward and upward DROP!
Watts IYO what effect if any, do you think financials will have on pps after Friday's report? I notice last quarter the stock dropped about 20% the couple days before and didn't do much after. TIA
ahhh yes...thank you for the correction! that's even worse! LOL
The only thing I can figure is that he is referring to downward momentum. But that is why I am asking. Def down momo, 30m @ 0001, 5m @ .0002, only $6,000 in total dollars traded here today, and no bid for most of day.....lots of down momo IMO
I guess that's what I am asking you. What do you mean by momentum? Stock price, volume, chart, board posts????
Not trying to be argumentative here, but can you clarify what you mean by "the momo is roaring back"? TIA
funny how arca now off the ask and we see the bid starting to build....
ARCA is really more of an ECN than your typical market maker. It is like an electronic market within the market of typical mm's. here is a link....
http://ecommerce.hostip.info/pages/57/Archipelago-Holdings-LLC.html
helps to also look at the definition of an ecn...electronic communications network
LOL..you may end up being right, but I doubt it. If this was going to dip to those levels, today would have been the day. I am betting on green for tomorrow. Not much, but green.
Am thinking that you and I need to retire from pps predicting. LOL
After thinking about it, I believe we ended right about where we should have. Today's close is about where we ended on Friday. I think the stock ran yesterday simply on the speculation that something "material" might be announced on the cc. As we know, nothing earth shattering was released and the speculators ran for the exits. As usual, people panicked right along with them and we dropped to .11. Calmer heads prevailed, took it as a buying opportunity, and took us back up to where we were before. I think it is actually a good sign that we rebounded, and weak hands went on their way. IMO the call was more positive than negative, and we will see investors slowly move us up from here. Either that or we were pounded by short sellers today as I said before! Either way, I'm glad today is over.
I do agree with some of what you state. Of course pps is determined by supply and demand. However I disagree about small trades driving the price down today. A review of time and sales data (below) will reveal large trades 20-60k at a time taking the stock to each new low in this morning's trading.
http://quotes.freerealtime.com/dl/frt/M?IM=quotes&type=Time%26Sales&SA=quotes&symbol=DROP&qm_page=2590