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Got another 0.5M shares on 0.0005.
i posted alerts on 3 breakout boards, please do so. I think this is very nice entry for everyone based on my calculation. They won't lose, but will make money. We need positive volume and bid support here.
for SSHS, what amazes me is the symbol is on DTC lock, but volume shows buy side. I assume institution brokers buying the penny stock to play.
72M shares loaded. I'm ready to make $100,000 this year.
2nd day of dumping at 0.0001 after 250M dumped wiping out bid.
In April 2011, KMAG sold CD , 450M shares at 66.67% discounted price of daily closing price.
So if KMAG closes on ask, KMAG can not sell shares to creditors at their wanted price, resulting buyers to flood into market to buy shares, not by CD.
cd conversion threshold for the sold 450M shares, 0.0004/0.0005.
Volume since April, 2011: 800M. So usually the shares traded with the volume is calculated by 1/3~1/2 after CD sold, 800M * 1/3(1/2)= 226M~400M. It's about the time the creditors converted most of shares and sold to market. They may want to hold 20~30% converted shares for upside, which is ~100M shares. So 226M~400M+100M=336M~500M. If I assume their intention correctly, by this time, they probably have finished selling, even if not, may have very little intention to sell shares any more.
ref. http://www.otcmarkets.com/financialReportViewer?symbol=KMAG&id=60499
KMAG, chart & CD rate
https://picasaweb.google.com/lh/photo/-ZIcuNQTsocv1QC3aVoZBKEJw-QSwTwqwYV0F5sI810?feat=directlink
*If kmag closes over 0.0005 again, 3 days of spinning candles at channel bottom.
*0.0004/0.0005 is the conversion threshold of 66% discounted shares sold by KMAG.
0.0005x0.66=0.00033
If this bid/ask goes to 0.0003/0.0004, 0.0004X0.66=0.00024. Then the creditors who bought the shares with 66% discounted from KMAG will result buying shares more expensive than market bid price. So this is threshold for creditors whoever buys CD from KMAG.
I think this is very good chance to bet the bottom is around here if you have watched till now, it may tick down quickly to 0.0003/0.0004.
KMAG, chart & CD rate
https://picasaweb.google.com/lh/photo/-ZIcuNQTsocv1QC3aVoZBKEJw-QSwTwqwYV0F5sI810?feat=directlink
*If kmag closes over 0.0005 again, 3 days of spinning candles at channel bottom.
*0.0004/0.0005 is the conversion threshold of 66% discounted shares sold by KMAG.
0.0005x0.66=0.00033
If this bid/ask goes to 0.0003/0.0004, 0.0004X0.66=0.00024. Then the creditors who bought the shares with 66% discounted from KMAG will result buying shares more expensive than market bid price. So this is threshold for creditors whoever buys CD from KMAG.
I think this is very good chance to bet the bottom is around here if you have watched till now, it may tick down quickly to 0.0003/0.0004.
KMAG, chart & CD rate
https://picasaweb.google.com/lh/photo/-ZIcuNQTsocv1QC3aVoZBKEJw-QSwTwqwYV0F5sI810?feat=directlink
*If kmag closes over 0.0005 again, 3 days of spinning candles at channel bottom.
*0.0004/0.0005 is the conversion threshold of 66% discounted shares sold by KMAG.
0.0005x0.66=0.00033
If this bid/ask goes to 0.0003/0.0004, 0.0004X0.66=0.00024. Then the creditors who bought the shares with 66% discounted from KMAG will result buying shares more expensive than market bid price. So this is threshold for creditors whoever buys CD from KMAG.
I think this is very good chance to bet the bottom is around here if you have watched till now, it may tick down quickly to 0.0003/0.0004.
KMAG, chart & CD rate
https://picasaweb.google.com/lh/photo/-ZIcuNQTsocv1QC3aVoZBKEJw-QSwTwqwYV0F5sI810?feat=directlink
*If kmag closes over 0.0005 again, 3 days of spinning candles at channel bottom.
*0.0004/0.0005 is the conversion threshold of 66% discounted shares sold by KMAG.
0.0005x0.66=0.00033
If this bid/ask goes to 0.0003/0.0004, 0.0004X0.66=0.00024. Then the creditors who bought the shares with 66% discounted from KMAG will result buying shares more expensive than market bid price. So this is threshold for creditors whoever buys CD from KMAG.
I think this is very good chance to bet the bottom is around here if you have watched till now, it may tick down quickly to 0.0003/0.0004.
Maybe, but this DTC restriction usually go more than afew months. Based on what the company does, they put out PRs with progress of the company, then sell shares, but to no bid. That means, the company thinks the shares not worth at all. selling all shares with good PRs is security fraud. that's why dtc put the restriction on both, not just on buy. at this stage, i think r/s or a/s increase to worthless, maybe 10B is very possible.
Called TDA again, WTCT on DTC Global Lockout.
It means, even more serious than DTC listed. With Global Lockout, DTC restricted both buy and sell orders. TDA is probably the first broker reacted to the change. From tomorrow, most of brokers will be restricted based on this red flag.
The company was raised red flag from DTC, should be reported for investigation of putting PRs and dumping shares to no bid.
But then why we can't trade? no order can be submitted. I do't knowa bout other brokers, but TDA
Is anyone able to submit sell order on 0.0002? please try. currently ask is 0.0001, it won't go through. I want to check if only tda is restrcited for trading.
that's what tdameritrade says, probably they got listed again, crooks can't change their habit.
Anyone got 0.0004? I don't believe. I've been sitting on 0.0004 bid for 3 days, nothing
Idk, they may change the conversion agreement, but for now, that's wha they said in their financial. so this is their threshold for price exchange. by the way with those fxking dumpings on 0.0004 my bid order was not filled at all. i don't know who got all dumpings bought.
I called TDA, they say, the stock is restricted for DTC.
You see some trading going on, but most of brokers can not allow trading for this symbol, meaning DTC restricted.
13M left on 0.0001 as while TDA halt trading WTCT. hmm...
Are you guys able to submit order for wtct now?
KMAG gets cash in conversion rate of 66%.
When price reaches 0.0005, the creditors will get 0.0005x0.66=0.00033 cash. So 0.0004/0.0005 is the risk threshold for creditors to play this.
My mistake, I was looking a different company. sorry.
But TDA mention is correct. Some brokers still look as they allow for trading
idk.but I also sees 3 '4' financials where they dumped last shares so i guess r/s
TDA says, symbol is not valid, no trade is accepted on this symbol.
that's normal for triple zero stocks. when they sell shares, they don't provide material to otcmarket, so they put warning sign. better than scull. lots of penny has scull sign on it.
trade halt. r/s
it will. that's why there's only small bid/ask between 0.0001 and 0.0003.
Once they decide to push up, they will start from 0.0003 to run in 200$ minimum, that's 0.0009. Notice the land seller & contruction co were paid with shares @ 0.0008 which is close to it, not cash. They need to be paid.
Someone keeps trying to sell on 2's, but will end eventually
KMAG chart, weekly, still not sure where it goes, but bounce will come eventually.
https://picasaweb.google.com/lh/photo/oTqt2bWTrYxBVacpXXZlMqEJw-QSwTwqwYV0F5sI810?feat=directlink
8M hit on 0.0004, but didn't get filled.
Now I understand why you guys say it's fraud.
they're dumping with turning off smart routing not to give shares to others, but to specific MM. why? to load up shares? to transfer shares to their hidden broker accounts? this is obvious trading scheme making the market as they want.
because they want to make it run more upside. it's sad to enter at high price, but you'll get what you paid sooner than you think.
I'm expecting this to go over 0.002 resistance soon. My gut feeling with this type of stock never failed. I'm down $800, but feel not so bad about this. When I feel this way, the stock always makes nice multi bagger soon.
HOLD FXKING TIGHT UNTIL BABY BOOMERS FLOOD INTO ONLINE CASINO.
THEY HAVE MONEY. THEY ARE THE ONES WHO MADE MONEY WITH REAL ESTATE, STOCKS, 401K, AND, GUESS WHAT, THEY RETIRED WITH THE INFLATED PROFITS AND SITTING HOME FOR NOTHING TO DO!~!!
THEY WILL PUT ALL MONEY TO ONLINE MONEY GAME.
Added 7M more on 0.0002, I'm actually averaging up LOL
Volume will come from 0.0003 gap starting from there to heaven. ^^
Rode WTCT from 0.0001 to 0.0002 100%, putting to BFHJ.
I'm going to all my profits made to dump to BFHJ.
have 27M buy on 0.0001, will wipe out 0.0002 when it's built again.
someone just put 150M bid on 0.0001, the took out???
A/s increase of 1.5B is meaningless here.
Total A/S is less than 5B, it's ready to shoot with income increase.
Get ready for big move as soon as big hands notice this gap on bid/ask missing 0.0002. They will start from 0.0003 to push up very hard. I have played triple zero for 7 years. There were not many stocks made me to hold for sure. RIGH, SSHS, MNDP, etc all went up from no bid/0.0001 to minimum 700%. BFHJ, I'm pretty sure this will hit 0.001 any day.
BFHJ 300% gap bid/ask 0.0001/0.0003 for a week
Soon as Big Hands jump on this, this will run very hard.
Their accumulated Income went roof, 350% increase over 3 quarters.
BFHJ 300% gap bid/ask 0.0001/0.0003
Soon as Big Hands jump on this, this will run very hard.
Their accumulated Income went roof, 350% increase over 3 quarters.
Baby boomers retired, will spend on casino
They have problem driving/walking to casino, so will play online at home with medical hose attached to their nose and diaper equipped.
BFHJ 350% Accumulated Net Income over 3 Quarters!!!
Quarter Q2 Q3 Q4
Net Income (Loss) $52,812.00 $76,353.00 116,449.33
Acumulative Net Income (Loss) $52,812.00 $129,165.00 192,802.33
$52,812.00->>>> 192,802.33 : 350% UP!!!!
WOW, ACCUMULATED NET INCOME 250% INCREASE
Net Income (Loss) $ 76,353.00 $ 116,449.33
Acumulative Net Income (Loss) $ 76,353.00 $ 192,802.33