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Quarterly report out with substantial loss. :(
News!!!
why we traded 1.4b volume but only gained .0001 .. Is it manipulation by MM to loads before next week ?
0.0004 almost gone! 5m left!
Thanks for your feedback. I don't understand why my TD platform shows 765,671,000 shares.
Did they increase the authorized shares? By looking and comparing the PR and NTEK at otcmarkets.com looks like they did.
Can someone confirm it?
What do you think about the 8k form? Any thoughts?
I am new on BTHR but looks like MMs are playing their games to scare people. I have a GTC order for a few days at 0.0002 and today only got 100k in the morning. So all those sells at 0.0002 must be MMs exchanging shares since I did not get any on my opened order.
At least we are almost at very bottom. Look at BM$N, tanking. We should expect some investors who jumped out of BM$N coming in, especiallly at our prive level.
Interesting point...
I agree it was down to .0011 for many months, about 5 months if I am not mistaken, but before that was much higher the actual price. I don't want to be a smarty here, just saying what I meant for 3+ years historical prices.
In regards to the PR, you may be right. I'm still holding tight to this stock and have a feeling it will run up next week.
Any thoughts?
What I mean by huge pontential...
- The prices are the lowest as possible if you check historical prices for the last 3+ years;
- They announced on Dec 26 2012 the meeting about the MCT-485 but hasn't disclosed any result from that meeting yet. Coincidentally pig pockets have been buying like crazy for some reason, right!? No wonder why they want to pop this stock even lower, insiders know what is about to happen;
- 10K filling was bad, we all know. All the Bio tech fillings are all the same, however the annual report numbers shows only until Nov 30, before the metting happened on Dec and any recent scientific discovery.
Also keep in mind this is an OTCQB stock, audited and currently reporting to SEC as opposed to BM$N which is a pink stock.
I'm with you... I also bought back at .005 and not selling a single share either. This company has a huge pontential.
Another lesson... You only lose money once you close your position. If you hold tight you're still in the game.
Mark my words, this will run high next week.
Once MMs load up they will let it run
There is no reason for panic. This is purely MM manipulation to load more shares. They know the news is around the corner and this stock is about to run.
For the ones who noticed the 911 trade happened a while ago. This means news pending. This stock can run at any time soon.
Here it goes some Market Maker good information:
Market makers also have the capability to deceive or manipulate stocks to meet their own agenda and to use signals between other market makers that suggest trading. Some believe that these signals are just a myth, but the consensus around the world of penny stocks is that these signals are very real. Some signals or a type of secret code used by market makers:
100- I am looking for shares
200- I need shares bad, but leave the stock up and don’t take it down
300- Lower the price so I can load up on shares
400- Keep trading sideways
500- Gap the stock
505- Running low on shares
911- Pending news
Besides these codes, sometimes when monitoring trades you might notice a number of small executions. This is said to be market makers signals to each other about a certain stock.
There are also signals that signify the manipulation of stocks:
300- Bring the stock price down at least 30%
600- Provide resistance
900- Let the stock float
Market makers also use other tricks of the trade to get what they want. Most likely it doesn’t work out in your favor. Here are some tricks that market makers are known for:
Market makers may seem as they are trading with you, but most likely are trading against you.
Market Maker Schemes
Market makers routinely hide large volumes of shares and use hidden orders as a cover up. They do this to unload small orders which allow them to pick up larger orders, by doing so they will not draw unwanted attention from other traders.
Market makers can also intimidate traders by using large fake orders. They use the code word NITBB that means no intention to buy bid, and NITSO which stands for no intention to sell offer. Market makers use these to drop the stock down by scaring traders and trying to influence them to think the stock is actually going down.
When the market maker gets the price low enough where he is comfortable, he can then buy at the lowest price.
Market makers sometimes use fake identities on an ECN, or electronic communication network. This allows the market maker to work the inside market by using multiple identities. ECN’s can ultimately be used by anyone, so this is a good way for market makers to effectively hide their true identity and to pick up larger orders.
Market makers occasionally team up with other market makers to trade between themselves, which scares others who are not market makers or who don’t know a lot about penny stocks to sort of trick them into selling for a low price.
The “Ax”
Some market makers can also be referred to as “Ax,” which is a code word that means that market maker has the biggest control over that particular stocks trading. Market makers become an ax by trying to increase the bid, and negatively controlling the movement of the stock by bringing the bid and price share down.
The ax occasionally also tries to price trade sideways or keep the bid around the same price. The ax isn’t always around as they flip flop between certain stocks, but it’s good to keep an eye out for unusual trades or look at the consistency of the stock you are trading or looking to trade. Once you get more experience with stocks in general, it will be easier to point out whom the ax is and how they are controlling that particular stock. If you don’t have a lot of experience with stocks yet, there are a few ways to find the ax and how they are affecting a certain stock you are trying to trade or sell, or one that you may be interested in:
Obtain the monthly share report for the particular stock in question. This should provide you with sufficient information about a particular stock, which will allow you to track down the ax.
When sifting through the share report, look at the top five spots, and ignore the ECN’s. You should ignore the ECN’s when going through the share reports because they are often used to buy and sell shares by others and have little effect on that stock.
Sometimes it can be beneficial to have a lot of market makers involved in a given stock. The more market makers involved, the more likely they are to bid against each other, which in turn can drive the price down below market price or keep the stock around the true market price.
Facts about ECN’s:
ECN is a term in the financial world that has to do with a computer system that is used for trading financial products not in stock exchanges, but stocks are the most traded on ECN’s, but other currencies can be traded with ECN’s as well.
ECN’s can be used to increase competition between firms by keeping transaction costs down.
To use an ECN, you must subscribe or have an account with specific software. Usually the buyer and seller remain anonymous within the system.
There are some ECN brokers that have more advanced features to use like negotiation and pegging.
Electronic Negotiations
ECN’s are usually electronic negotiation, which is a type of communication between agents where cooperative and competitive sharing of information is used to determine a proper price range.
Some negotiations that occur frequently, usually one right after another sometimes several per minute for schedule network capacity, or negotiating methods can use autonomous agents for coordination.
Automated negotiation is a form of interaction in some systems composed of autonomous agents. During the negotiation process, each offer has its own utility and expectation of what other agents do. Using a multi-criteria decision-making is a crucial need to be taken for each offer.
Overall, it helps to do your homework or gain experience when dealing with any stocks, even penny stocks. Not all market makers are in business to rip others off, but one must be aware that some are. You can trust a lot of market makers as they have the experience to be successful in any stock market. They know how to effectively manage money, and that can be beneficial to you in determining if some penny stocks are worth the time and the price.
In the Business of Making Money
Market makers are in the business to make money just like you, and they may go to great lengths to accomplish that. Some may use their expertise against you, but keep building your experience level within stocks so you can point these facts out as they come along.
Be aware of the signals that market makers use when observing stocks that peak your interest. Also, be aware of ECN’s and the fact that some market makers may use different identities to control the costs of certain stocks so that it can work out more in their favor.
The ECN facts above will help you in judging market makers on an ECN network to find out if they are using tricks or false identities to meet their agenda. Also, watch out for the ax type market maker. The ax isn’t always present, but remembering how to find the ax, can benefit you on certain stocks that may be of interest to you.
This article should be used as a guide when working with penny stocks and market makers. Don’t simply just do everything in here; rather, you should take it into consideration when working with certain stocks. Contact a Penny Stocks 123 representative today for a consultation.
I agree 100%. There is something big coming! Insiders know for sure otherwise we would not have this high volume for over two weeks. Huge consolidation in front of our nose and they broght the price down for a reason, to buy more!
Like you said 10K covers only until Nov 2012. It does not cover the Technologies Presentention meeting delivered at ASCB on December. This is big and is not released yet. Once PR comes out this can go much higher than .0064!
I also like the fact Barbara Corbett, Investor Relations, replied you right away.
You are completely wrong... I don't know what is your problem but if you don't like this stock you better sell your position to us. I would be more than happy to take it.
It is clear that MM is positioning for a gap... Read between the lines!
9:15AM .0035 500 shares bought (green, positive)
Code: 500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
Not just that but also high volume and big purchase blocks talk for themselves.
We should see it .004+ today!
Don't know about 900, but know the others 100-500...
CODES:
-100 I need shares.
-200 I need shares badly, but do not take the stock down.
-300 Take the price down so I can load shares
-400 Keep trading it sideways.
-500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
Tier Change! NTEK has been upgraded on OTC.
http://ih.advfn.com/p.php?pid=nmona&article=56372635&xref=newsalert