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Yeah -- They set the floor @ .0255. Only on the bid side and put their ask @ 2.00. I personally think that ASCM may be involved in some shady things, that I do not agree with, but seeing them only on the bid side especially at these levels makes sense. It is a market maker and it is trying to collect shares (presumably to make a profit), which is not a bad thing in terms of what that means for the PPS in the coming days. If they were only on the ask side, that would be another thing.
Haiti Prime Minister decision right around the corner.... it won't be a surprise. Then the speculation can throttle up a notch.
Senate Review of PM-Pick Garry Conille Underway
http://defend.ht/politics/articles/legislative/1714-senate-review-of-pm-pick-garry-conille-underway
PORT-AU-PRINCE, Haiti (defend.ht/AHP) - The prime minister-designate, Garry Conille, on Wednesday entered the Senate chambers for the filing of his supporting documents for ratification.
These pieces will be reviewed by a Senate Commission, formed Tuesday to verify the documents' authenticity. After the review the Senate will take the deciding vote on whether to ratify or not ratify Dr. Garry Conille as Prime Minister of the Republic of Haïti.
This submission comes five days after a nearly unanimous vote by the Chamber of Deputies, 89 out of 90, and all thought Dr. Conille said he was confident in its chances of ratification to the general body stating that the commission hoped to approve the file, will work effectively and to a favorable report. Dr. Conille said he is available to the commission for further information.
....
ASCM:
Overview - Investment Banking
Ascendiant’s Investment Banking division provides investment capital, institutional investor outreach, strategic guidance, and related advisory services to publicly traded companies in the U.S. and selected foreign markets. The Investment Banking team also assists private companies interested in going public. Securities transactions are conducted through Ascendiant Capital Markets LLC, a FINRA-member and SEC registered broker-dealer.
As a principal investor, Ascendiant Capital Partners LLC makes direct investments in small-cap and micro-cap publicly traded companies, either as the sole investor or in syndication with other institutional investors.
Market Maker ASCM?
Steps in with a lot that is hidden (bid side @ .0255), and then puts his ask at 2.00. Thoughts?
Sold a small amount of one of my favorite junior miners to put in MSMY @ .0235 earlier today. The % gains from these levels is just stupid. Hard to pass up with what is coming.
MSMY - .50-$1.00 within 3 months.
Mark my words. Whether you believe me or not, let time be the teller.
The Haiti contract will be big, and will be coming. We have the lead dog, who will get his bowl of food served first. Hopefully MSMY gives value to the people of Haiti, for their oppressors are our oppressors.
Will be looking to add the whole way up in the coming days. I am very bullish on MSMY.
Games are over, lows are in. IMO.
Added 90,000 shares today. Will sit till Haiti plays out (which will start to show signs of life early next week). Have quite a healthy position, and not afraid about it. Connect the dots and add up the personnel = very good entrance point down here.
GLTA
MSMY looking like it wants to break loose.
Market makers moving out of the way it seems.
IMO.
MSMY -- Haiti Reconstruction Potential Keeps Stacking
http://www.soschildrensvillages.org.uk/charity-news/progress-report-on-haiti
Some of the delay has been caused by the lack of a functioning government in Haiti. However, since the report was issued, the lower house of Parliament has approved the President’s third nomination of Garry Conille for prime minister. Mr Conille, a doctor who served as an aide to former US President Bill Clinton in his role as special UN envoy to Haiti, must still be approved by the Senate. But once that happens, a new Haitian government can finally be formed. This should help to speed up reconstruction projects, such as the 30 million-dollar programme to relocate people from 6 camps in Port-au-Prince to 16 priority neighbourhoods which was recently approved by the Interim Haiti Recovery Commission.
Touche, points well taken.
I am used to looking at the gold, silver, general indices, miners, and commodities, which are all heavily manipulated to control perception. I was just applying my outside learning of how the world works (which has lead me to my certain belief that Lucke is here for a big payout b/c of his connections), to the micro situation of a penny stock which I will gladly admit is not as seasoned.
I was not trying to shrug responsibility for my trades, as it was greed in which took me in at first, and arrogance in which didn't allow me to capitalize on trying to understand. With that said, no worries b/c I will be loading up down here, because I have no problem putting money in a company much cheaper when I think the keystone contract is around the corner.
I don't know how fast contracts will start flowing, but Lucke should be first in line, or very close, given who he is and what he has done before. I don't say this with respect to the normalcy bias, I say it with respect to the "the invisible hand" in which seems to guide the world... through a small "private club."
Thanks for your comments, I read about the finra-short sales being a proxy fora large sale. It just amazes me that we have been under all moving averages for so long, and the way that the level 2 trading has been taking place. Like I said I am no expert but it is intriguing to me that a stock with so much promise (I put a lot on connections, as they really make this obvious IMO), let alone nearing the time when it can start to play out... is touching its all time lows at .015 cents.
Doesn't matter, I have averaged down, and am looking forward to the coming days. Hopefully she stays down a bit longer, because with Bernanke talking today, my mining stocks should be in for quite a treat in the next week or so (inflate or die :().
We live in an era of deceit, none more evident than the politics going on in Haiti that is setting up for this potential winner.
http://www.haitilibre.com/en/news-3843-haiti-politic-reactions-of-senators-to-the-ratification-of-dr-conille.html
You are the target of those who manipulate.
Look at the underlying asset MSMY, not the stock financial asset price in which is so prone to manipulation, especially in these days.
I am thinking the same thing as you YBA.
They got their all time low, covered/swapped a big amount of shares at .029/.030, and then finished the stock down in the low 2s, to see if they could get some more weak-handed sellers.
I will be looking to add myself. I am very bullish on the next two months for MSMY given the haiti situation and other things we do not know about.
So you are under the impression that someone is gaming this stock as well?
I really think the connections/fundamentals of this stock make it very very intriguing. I don't trust the trading action that has been going on.
Looking at todays action there was a large amount of shares swapped/covered/something....at .029/.03. It has been the lot that has been flashing its power in this stock for a long time. Hopefully with that out of the way and the "touch" of the all time low we will get back on track. Once this starts moving, I expect it to quickly regain its losses leaving those who sold chasing. Then, surely we will see another snapback for the real load-up before the Haiti news has a good chance of hitting? All you have to do is look at Lucke's background to know he is not on here for a pump and dump.
That is what I have been thinking too but this is just stupid. Oh well, Haiti should get interesting soon. And unless Lucke drops off their board, the reason I am here will not change.
This guy is seriously connected.
Where are these trades coming from? Where are these shares coming from? Hmmm... Seriously now. What is going on?
Large orders are showing up and quickly and in some times instantaneously being filled? What gives?
The last hour of today should be interesting to see what happens.
Clinton Touts Haiti's Investment Potential
http://www.voanews.com/english/news/Clinton-Touts-Haitis-Investment-Potential-130182958.html
Clinton Touts Haiti's Investment Potential
Former U.S. president Bill Clinton says Haiti has the potential for sparking competition in the Caribbean that would transform the island nation into a regional leader. He made the prediction in New York City at the yearly Clinton Global Initiative, or CGI, a leadership forum that tackles some of the world’s most pressing problems.
Speaking at a CGI Haiti Investment Workshop on the eve of the forum’s official start, Clinton said Haiti’s advantage as a source of cheap labor is offset by the country’s energy costs.
--
This is not a humane way to talk about Haiti reconstruction, it focuses on the business. That is how the world looks. That is why this connection is so intriguing....
Clinton + Conillee = In Charge of $10billion dollar world bank fund
+
Lewis Lucke = Former Iraq Reconstruction with USAID, directly tied to world bank.
=
MSMY Big $$?????
Watch and see.
Back to .026...... where NITE was sitting earlier. Does this mean he had a big order in at .026 and it just kept coming back or is there is a reason why he keeps walking it back down to his price offering....
This stuff smells fishy to me regardless.
Possibly lowering again to set up for next short-covering brigade?
Is that what we saw? Why does it show up as red in the trade box?
I stick to my .50-$1.00 price target.
I am here because of Lucke.
Interesting, thanks for the link.
All I know is that none of this will matter if MSMY does what it is suppose to do. Take care of business and these shares are surely a gift with the Lucke Connection.
/done ranting.
In order for this to work....
It counts on people puking up their positions to lock in the profits for the short (as he needs to buy shorts to cover his short position, at a lower level for a profit ideally).
I feel he has run his course too much down here, and we are looking at a bottom in which he will ride it the other way up. He is counting on people being scared and puking up positions as he has created an IMMENSE amount of fear, specifically why he has chosen to come to a speculative stock with a lower volume and un-informed investors.
What better situation to feast scared money than people buying in on hopes of .52 cent grass root target (useless, but accurate in the target range given a MSMY contract in HAITI). The short profits, and when the times comes, he will go long or buy shares in order to catch that drift as well. And since he is in control, he knows the best timing for it all.
And one more comment....
The bid support looks to be in control of him as well. I would not be surprised if many of the bid support are orders of short covering, for when people sell their positions at the bid, they are locking in profits for our manipulative gamer who initiated shorts to keep the price where he wanted it.
Don't sell the bid. Put orders in at the bid and make him short your orders at lower prices, or sell to you. With enough size and volume, this bullshit will eventually lead to a big bounce.
IMO.
I just want to make it clear that this is being done with intent of manipulation and profiting at the expense of others. All of these markets are festered with plagues such as this. This entity knows what the hell he is doing, and is making a lot of money off of the losses of retail investors who have no idea in what is going on.
Buy Physical Silver/Gold as your protection against the coming dollar collapse/market fiasco that will surely ensue. We are in interesting times in general.
Official Finra Results From Yesterday, & My Thoughts:
http://regsho.finra.org/FORFshvol20110919.txt
9/19/2011|MSMY|56026 (Short Volume)|0|68026 (Total Volume)|O
The orders for the day were 2000 @ .029, 10,000 @ .029, 30,000 @ .029, and 26026 @ .029.
Considering the 30,000 lot was mine, here is my deduction of what is going on.
Nite/Citi are the large entity that contain the shorter. Once the .029 was bought out, quickly Nite came in at .030 and then back to .0295, and then finally back to .029 to leave it where it wanted it.
The first 2000 shares and the first 10,000 shares must have been bought as legitimate shares (explaining the difference b/w total volume and short volume), but the resulting 56,026 at .029 were bought from the entity who initiated shorts at that position. When I bought from him, essentially it "gave him a short position @ .029." Essentially what this means is the entity put in a short order @ .029, and me/someone else bought them from him, initiating his order.
This guy/gal that is controlling the stock to be where he wants it to be setting up for a big payday. The only way it will end is news of confirmed $$, sizeable buying to price him out (which he may use to his advantage again if it is not sustained buying), or the entity feels it has run it far enough.
Wild shit going on here... This is not normal trading. I consider these shares to be a gift, but since nobody is buying, the entity is able to get away with whatever he wants to. The only good news is that there is not a lot of people puking up their positions (and why would they at these levels).
In conclusion THE LARGE ASKS ARE SHORT ORDERS AND WITH MINIMAL SELLING AT THE BID ONE CAN COVER AT LOWER PRICES FOR A BIG PROFIT AND CONTINUAL MOMENTUM DOWNSHIFT.
This is where the shares are coming from on the ask, and this is what explains the rather large amount of short concentrated volume.
The trending share price of MSMY has caused fear in potential investors/people renewing their faith in MSMY as literally the stock price has been under all of its moving averages for quite some time now, and people are afraid of catching the falling knife.
Since fear is more powerful than greed, I don't expect MSMY to start moving until the entity is ready to move with it. The gamer has successfull stripped all confidence out of this stock. It doesn't take much volume to continue the downtrend when buyers are discouraged to try to step in.
Interesting considering that like I said before, it is closer to having a canary land in its backyard now more than ever.... and yet the share price suggests otherwise.
One will play out, we will see in due time I would imagine.
50 Cent Price Target by the beginning of 2012 is my call, with upside potential of up to $1.00.
That would give MSMY a 150million$-300million market cap with their current share structure. There is a low float (100million only) compared to the 200million inside shares. Thus allowing for such a run. There is plenty of more upside if what I think is about to happen actually does happen for our little penny stock here. This uses the fact that it will be receiving a Haiti contract (which I have thoroughly discussed in my previous posts). I agree with Suetta that contracts are probably already ink'd, and just awaiting final signatures, as MC Endeavors press releases have even stated that companies will be showing the economic committee of Haiti their ideas over the next several months (which was a few months ago).
When the World Bank says housing reconstruction will soon begin, and then you take in the full grasp of the prime minister importance...
things are lining up very nicely for the underlying asset of MSMY.
If I am correct in my analyzation of a large fish gaming MSMY, we may see some massive volume return on the buy side in the near future. If you start to see continual buying at the ask, and in large volume... my deductions may very well be verified in at least a partial truth.
Then you have the new news of the Texas Office opening in Austin, 33 miles away from the majority of the wildfires, costing the area over 250 million dollars in damage. The latest news release has estimated that MSMY would receive up to 6-10million$ in revenue over the next three years, and from this incident alone.
If these things play out... this could really set the stage for this company, as they will have reputable customers, and will display their new technologies to the world. The housing industry, especially natural disaster reconstruction, is one that will be BOOMING in the days to come, as the earth is far from done having more earthquakes. Honestly, I know it sounds like it is too good to be true, but I think MSMY may just be the ultimate canary penny stock. I have faith in management regardless of what is going on.
ALL IMO.
Pleasant dreams shorts....
Blademan, did you read any of my latest posts about why the Prime Minister being ratified would be the catalyst in money flowing in Haiti? How does this not interest you, why else are you in MSMY?
Without a prime minister, the IHRC cannot sign off on contracts. It takes Bill Clinton and the Prime Minister of Haiti to sign off on the contracts.... that is why it matters what is going on with the prime minister situation....
What are you guys here for if this is not it? I think I laid it all out pretty clearly in my previous posts, but good luck to all anyways. I have said my 2 cents.
I am not sure to be honest, but something tells me that open interest does not mean share for share.
1000 share open interest, as in $60-$100 someone is shorting? I don't think so.
Yes, I think that they shorts cover within the same day.
They knock the bid out (thin), and then cover @ a profit. At least from what I have been watching. It is telling to see the large orders go through all at once, many of them with no respect to the current bid/ask. As if it is being done directly....
As far as what to trust, Ameritrade or FINRA. I think that should be obvious, as FINRA has all data, while Ameritrade is a private company.
Less than 7 Days Before Conillee Ratified?
http://www.haitilibre.com/en/news-3835-haiti-politic-statements-of-martelly-before-leaving-for-the-un.html
...] when I come back next week, I hope that the good news that have begun, will continue in the same direction, in particular we expect a positive vote in the Chamber of Senate on the Prime Minister-designate, so that it becomes once and for all, the Prime Minister ratified [...] and make, as soon as possible, the general policy statement and establish the Government. The time is to emergency.
We are here to build, we want the development and the development is not done by breaking, we need for order, peace and discipline [...] I ask the population to give its support, to support the vision of President in order to have a successful, to help the President succeed. I thank you, I leave for seven days and I hope that when I get back, I can remove the word "designated" and say that we have a Prime Minister "ratified". "
--
Adding down here. GLTA.
$250million Texas Wildfire Damages
http://austinist.com/2011/09/16/central_texas_wildfire_update.php
Yeah I agree. Using these promotion companies that also promote shell companies as winners does not add credibility to legitamacy, and once the exuberant greed wears out... without results it is something that can have its share price sizzle without any revenue. I am thinking that this short may have found his way here because of the fact that they were on these email lists.
Just my opinion.
Be interesting to see what happens in the coming days.
That is why I refer to management as engineers/innovators, and not finance guys. They may be doing this to have raised initial capital to get themselves started up. Would explain how they could be funding new offices in Austin. Tim Algeir said that Q2 marked the end of negative profit quarters, so may we be seeing some revenue soon? Any confirmed revenue stream will force shorting game to end.
Let me spell it out for you....
I don't think its these guys. The shorting has been going on well before this news, and the shorts have been around as early as April from when I was checking. Even when the stock price was going up massively, there was a good amount of short volume. I am a bit complexed by that, and am wondering if the short volume also includes covering for the day. That would make a lot more sense (# wise), but still.
I think that the choice of being promoted with several of these penny stock wires has drawn the attention of a large shark. They have promoted their stock in earlier in the year, and it may have attracted a player of size.
Times are tough these days, all the more reason why these manipulative processes happen. Everywhere in the markets it is full of this crap, as my gold and silver miners are constantly under short pressure as well. It is a different thing though in that sector (perception management), compared to this which is a smaller scale operation. However, whoever is doing this must know of ways to make money in the practices they are doing, so they have definitely had experience before. Not sure how this will play out in the coming days, but I know as of right now I have never liked the chances of MSMY's haiti canary more than right now.
After reviewing the finra website during the key times of MSMY (where the volume occurred), it seems as if there has been someone/something in control of this stock price the whole way through (large short volume at all times over the past months with respect to total volume).
http://regsho.finra.org/regsho-May.html
(You can scroll through months at the top, and you can find MSMY by doing a "search" for "msmy" on the bottom category, "ORF").
I think management is putting out promotions for general promotion of their stock to raise initial capital, but it may be doing more harm than good. I get that sense because of the of the following from the CEO, Tim Algeir. They said they are working on another investment relations program, and in my opinion their finance guys are doing it through a poor choice.
Accumulation/Distribution is still high. Large scale dumping is not occurring, just enough to create downward momentum and further strengthened by heavily short-side volume display with the intention of lowering the stock price (look @ the several drop-down trades which may have been an indicator). My opinion is that the entity that is doing this accumulated originally before/right after they found out about Lucke's appointment onto MSMY board (May 26th, look at where volume came in...coincidence?!!! Just before this date is when volume really picked up (inside knowledge), and just after (3rd-party reports). It has been in control of the stock since we peaked at .155. Allowing for some rallies on the way down to cover shorts to raise more capital, to once again initiate more shorts during key times breakout points, to continue the trade it has going on. It is not hard to figure out when MSMY will have a chance to get a Haiti Contract, as I have been sitting here deducing it from google searches and with a heavy understanding of how the political/financial world REALLY work... I am sure there are better inside sources/educated people.
In my opinion, this effort to lower the share price is to load up again before the big $$s comes out. Money is not meant to be made by retail in the stockmarket anymore, only for the big boys with big amounts of cash to flow around. I think we have have a large shark in this pond.
RareFind, I am sure you did quite well in your shorting. Possibly a reason why you fear-monger so much on this board to create panic amongst weaker longs?
I still ask you why Lewis Lucke would join the board of MSMY if it was only to be a pump and dump. You seriously think a man who has managed the entire iraq reconstruction (4 $billion), the US Special Ambassador for Haiti Earthquake (1Billion$), and now on the board of a pump and dump during one of the biggest "paydays" in the special interest field? I'll take my chances with him, and load up down here some more. This is only HAITI stuff, there are other things in the pipeline as well.
"Haiti is Open for Business"
http://www.prnewswire.com/news-releases/laurent-lamothe-and-former-us-president-bill-clinton-to-co-chair-the-presidential-advisory-council-for-the-economic-development-of-haiti-129781493.html
Mr. Laurent Lamothe and former US President Bill Clinton will co-chair the Presidential Advisory Council for the Economic Development and Investment in Haiti launched by Haitian President Michel Martelly on September 8, 2011.
President Martelly created this new council with Mr. Bill Clinton to help redevelop Haiti by making the country a more business-friendly place for overseas companies and investors. The 30 members of the council, including Laurent Lamothe, will act as ambassadors for the development of Haiti, spreading word that the country is open for business and eager for investment. The Council will act as a full-time liaison between potential investors and the government. It also aims to give President Martelly and Haitian lawmakers new ideas to make Haiti more attractive to investors.
As Laurent Lamothe pointed out at the Council launch ceremony, on September 8, "to build the economy, we need new ideas and new investments into Haiti. There are many development capabilities and many opportunities for investments that will stimulate the production sector to create jobs."
--
Hmm.... Lewis Lucke is the person I want to be betting on steering contracts in this situation.... there is no higher up connections than the man sitting on the MSMY board. Think about that. My # 1 reason why I am in this stock, and have plenty of faith that blue skies will one day come to ole MSMY.
World Bank - "Reconstruction and Housing Soon"
(They hold the 10billion purse that clinton, and his aide (new leading candidate for PM) are in charge of signing off on. And with MSMY's job site-factories, Haitians will be able to work within them, killing two birds with one stone in terms of politics. Talk about an appealing company for a struggling UN-led political movement....
http://yourblackworld.com/2011/09/13/top-world-bank-executives-visit-haiti-to-pledge-support/
Unfortunately, estimates found that 400,000 to 500,000 children are not attending school in Haiti. To address this problem, 16 million US dollars were raised though fees on international calls and fees on financial transactions, Defend Haiti reports. The top priorities for rebuilding Haiti include education and reconstruction. “These two sectors will contribute to the long-term recovery of the country. The activities of the Bank to Haiti, the disaster risk management, the increase of agricultural productivity, the job creation, and the improvement of access to basic services remain priorities,” said Cox.
A reconstruction and housing development program is set to launch in the near future. The program will kick-start repairs, and jumpstart Haiti’s economy. Also an education initiative will be launched by President Martelly. “Lekol pou Timoun Yo” (School for your Children) will provide ”free and compulsory education to children.”
Pledging the World Bank’s ongoing support, van Trotsenburg expressed optimism about the launch of new programs and initiatives in Haiti.
Yep, we just have a large entity playing fun and games with this stock. It is all about momentum, in the right spots... and now it is starting to make sense how we crashed through major support levels in a similar fashion each time (bunch of support shows up all at once where you would think it would (mind games) and then gets shorted through), causing people to puke up their positions doing the work for the shorter. The buying support on MSMY has evaporated b/c of the trending perception and the player of size can out-weigh the smaller fish (IMO). When people puke sell to him, it is extra profit, something probably expected and vital to the success. The entity literally has probably been responsible for most of the volume. Sadly, the situation that he entered was almost a sure bet, as the stock price DOES NOT represent the actual underlying asset, as seen by the too quick of run-up to fast (no revenue yet, and potential revenue was not as known), and now the too much selling.
MSMY @ .15 cents got there way to quick way to fast, and was destined to come back and test the .07 range b/c of cyclical actions in stocks (nothing goes straight up, especially a speculating stock on the future). Especially considering the fact that MSMY has not locked any contracts yet, and was valued at $30million. The position MSMY is in fundamentally now is much stronger than where it was @ .13-.15, as the leads are much more visible with easier DD connections with current news (especially about the PM in Haiti).
Once we see large amounts of short covering, I think it will be safe to say the bottom will be in, and it will most likely ride it the other way up again.
Hopefully we get some piece of news that crushes the bastard, because the practices in which are being undergone are highly illegal, but hey, what else is new... the markets are rigged and there is no oversight anywhere, especially the pink sheets.
Hang in there guys, and look for good adds down here. If you liked it at .10-.15, you should definitely like it down here, given you feel comfortable with the fact that this is a real company, and not a pump and dump. That is a personal decision, and that is where your own DD and responsibility for your trades comes in.
-
http://www.zerohedge.com/news/finra-drowning-complaints-about-market-manipulation
What is SS? Short Sales?
Friday, 9/16 |MSMY| 382,761 (Short Sales)|861,686 (Total Volume)
http://regsho.finra.org/FORFshvol20110916.txt