President/Portfolio Manager at Stellar Wealth Management
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$AVEO - Oh yeah. The float is only 103MM and tutes own 41% of it. That's current information. The four analysts that cover it have it rated as a Strong Buy. Good luck.
$AVEO is being bought by $BMY. That's the rumor here at the BMY Cambridge, MA location. A lot of management doesn't want to acquire Celgene, but wants to acquire smaller companies, and they want AVEO because it has a drug that works on RCC and they need to expand their oncology pipeline. It's already been approved in Europe and other countries, and BMY has the clout to get it through FDA approval. The offer is rumored to be worth between $5 and $10 per share for AVEO but it's currently trading for less than $.60. THAT is why we're buying shares of it! There's also a nice short position for a gigantic squeeze when they announce it. It's supposed to be this week. This is real info. Take it or leave it. You can't trace me, so please don't bother trying. Good luck on your trades, regardless.
$AVEO is being acquired by $BMY. That's the rumor around BMY in Cambridge, MA, anyway. A bunch of board members don't want to acquire Celgene. They want to buy smaller companies instead. AVEO has a drug that works on RCC. BMY wants to expand their oncology pipeline. This is an easy way to do it. They have the resources to push it through FDA approval. The announcement is supposed to be this week. THAT is why we've been buying it. Float is only 103MM now and tutes own 41% of the shares. Nice short position, too. Should make for a nice short squeeze when the time comes. This is real info. Take it or leave it. I've let you in on it. Good luck with your trades, regardless.
$AVEO - Trading was a lot like I predicted it would be. We started buying early on, and we were trying to guide the pps up slowly to not force a false squeeze and get as many cheap shares as we could, but what we thought would happen did happen. The swing traders bought in and then everyone else piled on. We didn't actually end up buying that many shares, yesterday (about a million). I can tell you that the MM's were definitely responsible for shorting this stock down to the .50 level, though, because they were buying to cover under the bid. When I talked to him, one of my friends said it was like being in a fight with a two tailed tomcat with only a spoon to fight him with, because the MMs were buying to cover UNDER the bid, and every time they would put up a large bid, the MMs would leapfrog it. They did that over and over, so we did get some shares, but hardly any on the bid. Most were bought on the ask. We finally broke the .54 wall and forced some shorts out. There was a squeeze from that, and another small squeeze at EOD. But the MMs were still playing games, even in AH trading. They were buying to cover below the bid still, and even when someone would buy at .575, they'd act like someone sold and put the pps back down in the .55s, even though no shares were traded. If you have L2 and were watching, you know what I'm talking about. BUT, we did provide a lot of support by putting up big multi-100k bids below the bid, even though those weren't shown on L2. The MMs were able to see them, though, which is why they had to force it higher. Also, we kept hitting the ask and chipping away at these huge walls they were putting up. Eventually they'd lift the bids and asks higher, but it really was an insane day of trading. Like I said, though, we'll be doing this all week, and you guys should see volume increase. If you want in, you need to get in, but I'm sure the overnight swings will take profit when it runs today, so wait until the pullback(s). If you buy in, PLEASE HOLD YOUR SHARES, though. We're going to get this at least above $1 and hopefully, back to $3. Good luck to all!
Keep holding those shares. We'll be doing this all week, but the trading was a lot like I predicted it would be, yesterday. We started buying early on, and we were trying to guide the pps up slowly to not force a squeeze, but what we thought would happen did happen. The swing traders bought in and then everyone else piled on. We didn't actually end up buying that many shares, yesterday (a little less than a million). I can tell you FOR CERTAIN that the MM's were definitely responsible for shorting this stock down to the .50 level, though, because they were buying to cover under the bid. When I talked to the other guys, one of my friends said it was like being in a fight with a two tailed tomcat with only a spoon to fight him with, because the MMs were buying to cover UNDER the bid, and every time they would put up a large bid, the MMs would leapfrog it. They did that over and over, so we did get some shares, but hardly any on the bid. Most were bought on the ask. We finally broke the .54 wall and forced some shorts out. There was a squeeze from that, and another small squeeze at EOD. But the MMs were still playing games, even in AH trading. They were buying to cover below the bid still, and even when someone would buy at .575, they'd act like someone sold and put the pps back down in the .55s, even though no shares were traded. If you have L2 and were watching, you know what I'm talking about. BUT, we did provide a lot of support by putting up big multi-100k bids below the bid, even though those weren't shown on L2. The MMs were able to see them, though, which is why they had to force it higher. Also, we kept hitting the ask and chipping away at these huge walls they were putting up. Eventually they'd lift the bids and asks higher, but it really was an insane day of trading. We'll be doing this all week, SO HOLD! You should see a lot more volume as the week progresses. Good luck!
AVEO - We're buying the remaining float starting this morning, Monday, 3-11-19, on BMY buyout rumors. We have several whales on board with over $18MM between us dedicated to the remaining float. The new float has been reduced by 22MM shares to 103MM shares. We'll run this all week. Loading at current levels and then forcing a short squeeze. This is an easy 3 to 5 bagger. If you want in, get in early.
We're buying the remaining float starting this morning, Monday, 3-11-19, on BMY buyout rumors. We have several whales on board with over $18MM between us dedicated to the remaining float. The new float has been reduced by 22MM shares to 103MM shares. We'll run this all week. Loading at current levels and then forcing a short squeeze. This is an easy 3 to 5 bagger. If you want in, get in early.
Apparently my sentence is 25 years to life, this time. I've been in here for a good month already. What up wit dat, Satan?
Okay, gotcha. I think. You're in the money at .006 and you're hoping it'll go to .01.
I'm holding, I added more, and I haven't sold a share, but I'm just going to go play with my balls or something today, because it's depressing as fuck to watch people who expect a stock to make a momentum run and force a short squeeze sit on the bid and try to get shares at the lowest possible price. That is NOT how it works. If you keep doing it, the stock loses its momo, shorts short it lower, and the people who were holding for the short squeeze pile on and dump, making it even worse. I'll just hold until it finally goes to a dollar, one day, but I'm not going to watch while retarded people fuck up what could be a massive short squeeze because they're a bunch of pikers.
Dude, I don't mean to be rude, and I'm usually pretty good at figuring out what non-native English speakers are saying, but you have me stumped. I don't know WTF you're saying.
Yep. I love these kind of plays.
Just a matter of time. Yeah, man. I need a pill like that one in that movie. ??
"Limitless" upside! Yeah, I get your profile pic. Haha. I love that movie,
Yep. I like it when they behave predictably. LOL
It looks like this one will break .17, which should trigger the short squeeze to over $1. Hope everyone loaded on this pullback.
Not even close.
Haha. don't worry, bro. This has already been set up. They'll hit when they decide to and not before, then they'll walk it up to the .20-.25 range.
No problem. This one has a lot of upside. Especially when the shorts start covering. LOL.
Bidders need to keep leap frogging ASCM on the bid. That's how you drive it up. I agree. This should be interesting to watch. If major money hits, ASCM will almost certainly capitulate, and if we're right, they've been selling air, so the rush for non-existant shares should make this thing fly.
A link to my FB page is on my Twitter.
Thanks, I see that. Followed back. You too, Alone.
You can follow me on Twitter, and once I get to know you, I might be inclined to fill you in. I don't want to bash this forum, but if you've used it for any amount of time, you know that because it's moderated by members, it's hardly objective, and you're very unlikely to find out anything of real value on it. Twitter and Facebook are much better places to find out what's really going on with stocks, and not only can no one delete your posts, but YOU can delete your posts (unlike on Stock Twits, here or Yahoo Finance). Plus, once you get to know the right people, you'll figure out how to actually make money trading the pinks. There are groups and clubs that are very influential, and they're the ones who make stocks run, for the most part. Very few pinks are buy and hold material. Look for stocks Itechie (TheTradingNinja on Twitter) is doing his charts on and PAY ATTENTION! He's good, and probably more importantly, the people who make OTC stocks run pay attention to him. I'm StellarWealth on Twitter if you want to follow me. I always follow back. I'm not interested in what people think of me, how influential I am, or anything else. I care about how big the balances in my trading accounts are ... period.
I've heard the same rumor. It's on Twitter. I don't think it's just a rumor, judging by where it's coming from. This group has done this before. Ran one stock from .20 to $3 on a short squeeze. The shorts who didn't take the chance to cover on Friday are probably going to regret this one. There just aren't enough shares to go around. Should be fun (and profitable) to watch.
Exactly! It takes a lot to get me to buy a stock that has just run up 200%, but when I saw that the short position increased, I was sold. They didn't cover this time. All it's going to take is enough people buying at the ask and some nice volume, and this will be one of the most massive short squeezes I've ever witnessed! Locked VERY SMALL float plus huge short position equals several dollars per share. Unless we get a bunch of bid sitters. That's what the shorts will be hoping for.
I think the value in this company will eventually be reflected in its share price, but for now, it's fairly obvious that the pump is over. I was expecting more "news" than the fact that they have a new CEO, which I knew last week. I'm out for now. GLTA
It wasn't "new" news, though. That was my point. The board member ARTIST posted it last week and I took a screenshot of his post. I even posted it on Twitter last week. If you didn't know about it last week, your DD is severely lacking. Once again, and look at the date: https://twitter.com/stellarwealth/status/510393688904966144
I don't know.
It wasn't news, guys. ARTIST posted it on here last week. https://twitter.com/stellarwealth/status/510393688904966144
I know. For the record, every share I own of this stock was bought on the ask. I don't care if these punk kids think I'm stupid for doing that, because if no one ever did that, the price would never go up. I've done this over 20 years and have plenty of money, so I must be doing something right. One thing I'm not going to do is quibble over my entry and exit prices. I do this mainly for fun, and flipping a stock for a few hundred bucks a day isn't my idea of fun.
I agree. I bought more today. I'm going to assume you were addressing others and not me, because you just basically said what I said.
Dude. Call Bay City, their TA and you can get the current OS. It was 509-odd million on Monday. They won't give you the float, though, because it's gagged. But due to the amount of flipping, it's definitely possible that we would be at this price, even after churning a float of 76MM over 3 times. It may be slightly over that, now, but it's not by much, because the MMs they use to dilute weren't on the ask. You act like all of those trades were sells. For most of this run, the bias was WAY to the buy side. You can blame the MMs for halting the momo by throwing ASCM up there for the two previous days. Everyone knows they only short, and it forced the price down. NITE bought cheap, flipped higher, and then the momo players dumped, and here we are. But don't think there aren't any long hands in here, and even though Old McDonald has a pretty good bead on how the OTC works, saying that a company with this much in assets doesn't mean anything is a bit absurd. They're WAY undervalued at this share price. But this is the OTC, and both retail investors, groups and MMs manipulate the price. You people need to focus less on how accomplished of a trader you appear to be to everybody online and stop worrying that these idiots might think you're naive, and start focusing on the balance in your trading account. White knighting, whether you're right or not, never did the price of a stock any good.
Well, I can't control what the pump and dumpers do. I just buy based on what I know. I bought more today because this is absurdly low for a company like this. But, you're right about listening to what other people say. You should always listen to yourself and no one else, because you know your financial situation and risk tolerance better than anyone else.
Fine. Don't buy this stock. In fact, if you own it, sell it. Worst stock ever. What part of I don't care was unclear to you in my original post? Seriously. I have work to do. Talk to yourself.
Made at the behest of someone else. He's not in this stock.
I'm only going to say this once. This is about to run again. It will break a penny before the weekend and could hit .03 before the end of next week. Don't ask me how I know, because I won't answer. You've been warned. I would say ignore at your own peril, but the truth is, I don't really care. Typing this is about the extent to which I care. GLTA.
LOL. Yeah! I wouldn't be holding onto my shares, otherwise!
Let's just wait and see. Too many predictions and then disappointments if someone is off by 1 day. I think a penny is a given, though, as far as price. I'm expecting closer to .03 in the next month or so.