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Ahh I see we have another person trying to place fear into the investors so they will sell off.
Again. I'm not blind to anything. You don't see me posting about this going to penny land or making the typical "News is coming" type post. But you have no clue either (Unless you work for an MM).
You are flat out mistaken on what a T-trade is. That is fact. T-trade doesn't have anything to do with dilution necessarily. It could, but it actually is nothing more than a way for MM's to control buys throughout the day without alerting the retail buyers what is going on. Even if it is dilution, someone had to be a buyer for that 9.9 million trade and it had to happen after hours so that leaves an MM willing to buy up 9.9 million shares at that price. Now why on earth do you think an MM would do that if they plan to make money on this all while allowing it to go to trips as you suggest?
The only other logical scenario would be a short. Someone sold it down during the day and had to recover the shares they were shorting.
Either way, none of your post about this trade are at all accurate. MM's ultimately control the price of this stock. Not the CEO and not PR's or us buying up shares or anything else. We are at the mercy of the MM's and have to guess which way they are going to go with it. IMO, when you see a trade like that it means that someone wants these shares at that price and you can bet your bottom dollar they plan to use them to make money. Logically, that means they will raise the PPS to make that money.
It may be green tomorrow and it may not. That is where your fear mongering doesn't hold water. Who said they were going to profit tomorrow because of this T-Trade? Maybe they are still in accumulation mode. They could keep it down here for a week before they decide they have accumulated enough shares.
The more and more you post the less and less credible you become. You honestly have no clue what you are talking about
No they are not. That is factually wrong. Do your research. A T trade is nothing more than a trade finalizing the entire day's accumulation that wasn't reported. See below:
To avoid creating “an unbalanced market”, market makers often do not report certain trades during the day to the public and then use a T Trade not to “scare” investors into thinking a market for that stock is going in one direction or the other at the spurring of one large investor.
If a market maker wants to accumulate a large amount of a stock in one trading day, that market maker may actually not report any of the trades that occurred until the trading day has ended so as not to alert the market to the collection. This practice is completely legal under the FINRA rules of the OTC Markets so long as the trade is reported at the end of the day.
This actually should be an excellent sign. 9 million shares were accumulated by some MM throughout the day without it being reported. They obviously believe it is going to make them a ton of money soon.
Still won't admit it huh? Just dodging the question?
News flash. This is the OTC. You are claiming you are "right" after they have been on big runs. Of course the PPS is going to come down. Wow. What vision! I just looked and two of the ticker's you claim you are "right" on are in very sound positions. Your claim that you are "right" is no Warren Buffett quality investment analysis.
Why else would you be so adamant about posting this stuff if you weren't one of the two I mentioned? Let me guess, because you want to warn investors out of the goodness of your heart right? You need to pass along your trading insights to all of the good people out here?
Just tell the truth. Admit what you are. Nothing wrong with it but be honest. Again, your credibility is a joke here. It isn't swaying any decisions.
Again, 1. Short seller or 2. Employed by the MM's....You can't deny that fact.
Yeah this is really messed up. I hope it turns around soon for all invested. I know some here are down 75% at the least just in the last two weeks since that PR. Hate to see losses like that.
GL everyone.
I mean could you be more obvious that you desire this stock to not rise? At this point you aren't credible with these type comments.
Yeah I was a fool for not buying in at .0169 "The 52-week low". I remember it was a LMFAO scenario.
Well, I may be an idiot but I am now in for 500k shares. GO WWTH!
New here. Just curious as to why this is taking such a hit today?
Why have news releases stopped showing up on ihub?
Thanks. That is good to know
It's been pretty locked up at .01.. I wonder if there is an agreement that no converted shares can go below .01 in a sale.
Something is about to go down. The MM's just traded a 100 share trade. That is a clear message to each other. This is going to swing one way or the other today. I have no idea which though
Well, I'm on the bid. I guess fill my 125k up and let's go to dollar land!
Seriously, someone help me understand this. I don't claim to be a guru so I really want to understand. How can this PR be true and yet the stock tank like this? It's one of two things right short or share issue/converting? What else would possibly cause this?
It's also about trying to figure out how long I am going to have to hold this. Really not looking to hold anything for more than 2 weeks right now.
Yeah its more about just figuring out why they are selling this low. I just have to believe there are some shares being converted here is why this is happening. It's either that or a short. It just makes me hesitate on buying
Well I said I had the standing order but I had to remove it. Seems like someone wants this to go below .01
As nice as that sounds I wouldn't have the guts to wait it out till it got there. I would have long sold for profits. Sounds great though
Well, I have a standing 100k bid at .01 if it gets filled I'm in. And then I hope it hits $100 a share. Good luck to everyone. I really hope you profit.
That's really strong projections. I truly hope it runs like crazy. Just pointing out that some here were "LMFAO" because I wasn't sure about buying in at the 52 week low last week. I was also demeaned for questioning the price at the time.
And I know for certain because of the time frame that these same people were buying in at .03 or higher which means they are down 60% right now. I just am pointing out that there are no Warren Buffett's here and treating people with respect shouldn't be that hard
What are we at about 60% down from buy in right now?
I never said this isn't a long stock. I think this has big potential. I just said that flipping has been profitable the past few days if you are a day trader
lol. Nice
Daytraders are doing very well here the last few days. That is for sure You can basically gain a minimum 25% daily with these swings
Got it. Thank you
New here. Can someone tell me why this has dropped 80%?
I would be more concerned about the fact that only $90 has been traded today. The volume on this has been ridiculous. Even with the promoted "news" from last week there were only a couple hundred thousand shares traded for a few days. Something is really odd about the volume on the ticker. Pretty glad I stayed on the sidelines here but wish everyone the best who are in it.
I just don't understand where all the volume has gone
Definitely a much beter day today. Glad to see this recover quickly. Go PJET!
Hey I know. Let's stack 2.2 million on the ask. That makes sense
This is disgusting. They are literally walking this down
I assure you that was MM's talking between each other. That makes manipulation legal when you use trades to communicate
Well looks like the MM's have set the course for the day early. Stacking the ask to the roof.
We need some ask slapping to slow this down
Yeah there is no doubt this is a short in my mind. No reason anyone would dump like that
The trading going on right now is ridiculous. Who does that? This has to be shorting at this point or some really ignorant person. Who puts 1.62 million on the ask at one time? You have to be a fool.