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NITE starts day off by shorting 15k. Some pressure and this could move today.
WPNV - new CFO starts friday so developments right around the corner. Could move very quick once that occurs with every thing else going on, good opportunity for entry.
WPNV = Low floater with new management and acquisitions looking for a huge run soon. Heavy accumulation at current level and large number of shorts (16 days on RegSho) mean when this starts going it may not stop for some time.
WPNV = Low floater with new management and acquisitions looking for a huge run soon. Heavy accumulation at current level and large number of shorts (16 days on RegSho) mean when this starts going it may not stop for some time.
Another 47% of the volume was short again yesterday and besides one 120k sell at the end of the day, there has been no significant selling from the base share holders yet, it looks like accumulation is actually now a little above the float.
Only variable is volume right now. If we get increased buying pressure down here through a good PR or whatever it will move fast to over 10c, the shorts will cover and it will fly to 25c, momo players and other investors afraid of lower level penny plays will jump in seeing the share structure and lack of any resistance past that point. It could be pretty quick, just need that spark...
I know it is almost identical the number of 8s bought that got put on the 9 ask.
There were two orders end of day just like that on Monday, both of the last two days the vast majority of volume was above current PPS.
I haven't put in an order for a couple days, not sure.
Very uniform pattern. Start with 2.259 mil (8 orders) on the ask, including many shares eaten up but not shown by BKRT, follow that with 13 consecutive bid orders (3.926 mil). This stock is owned by flippers and shorters currently.
Yeah, lower volume but third straight day of major accumulation in this 7s range. Strong base obviously.
It is weird, the bid is never ending, as soon as large chucks get taken out they are immediately replaced. Question is who is selling this much at .0008?
I hear ya, I would love to get more at this point.
It's not really dilution if it is previously restricted shares being sold into the float, which is what it most likely was.
True, he's been floating that sell around the last couple days. He was on the ask end of day yesterday then the mms dropped under him to short right at the end.
NITE has been shorting at .o764, after that the next real sell is 70k .078 then small sells at .085. Currently anyway.
BKRT just absorbed a 580k buy at .001 with only 10k listed on the ask.
Yeah that has been the wall for awhile, get past the flippers there and this moves quick.
Yesterday (72% of volume) was at the ask including 527,996 in the first half hour which only moved the stock price from .0774 to .0795. Only 201,657 shares were shorted (probably most in the first half hour). The buying interest is there, won't be long till it makes a large run, can't hold it here forever.
This is the big loading zone for a huge run, not many here will be selling, any sells are most likely shorts.
I like how they will put 100k on the ask then just move up the ask with no volume.
Much of the buy pressure at .079 and .0795 was absorbed by more shorting.
Some serious manuevering of ask today, mostly buy pressure, just a matter of time...
I did the same just now, ask jumping around, looks like they are making a big 'wall' at 8 now.
Well aware of that, was just a precaution sell cuz I wasn't watching yesterday afternoon.
I believe we move soon, many of the o/s that was held 'privately most likely got sold into the float all at these levels, just my thoughts.
The .10c wall is me, let me quick get rid of that.
As soon as I say that, 40k shorted.
Still shorting a bit, but not near as much so far, this may get going today.
So when the shares don't really exist, and they buy back, are they then just off the books?
Ask side opens up way weaker than yesterday, lets see if it stays that way.
I doubt it will break the 8 support, ever time there is a dump there more appear on the bid, its probably the MM short buy back zone.
I'm thinking the next impetus for volume ie. good PR will finally get the shorting to cease and blow this up. As long as people don't sell into the PR like last time.
Where are they getting these shares to short? The float is tightly held and has consolidated well at this level, these have to be naked shorts right?
It should definately rebound, 1.5mil seller at .0008 just sent it to new 52 week low.
Every time they drop the bid there is immediately close to 1mil on the new ask, that isn't normal trading.
Without an update similar to last weeks not sure this will move, just too much selling going on at whatever levels.
Yes, the ask and bid size today do not reflect the actual amount of orders that go through.
Not worried, just odd is all.
30k of it