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as a perma bear I mostly am, no doubt they run futures up all night...gap up 15-20 handles. I'd be shocked of a gap down...I think the fun stopped today and correction over for now...I just want to get into a nice trading range and don't wanna see f'n all time high's for a long time. As long as there is good whip saw action I am happy but my dream of a crash ended today. Would need a mass geo-political unanticipated disaster event for that to happen. Just one more day in my lifetime do I wanna see circuit breakers hit. Think it happens at 7% index drop..end this pozi market..lol
I learned never listen to the talking heads..if I did I'd be broke. Fn jerkoffs say buy into momentum usually..always blue sky's....pumping retail into etf's last month..lol..how come they not saying this is a short term buying opportunity for tomorrow? I don't hold positions overnight but I assure you smart money covered near close...tomorrow if it ges up, they will say "short covering" or a squeeze...fn morons
Drinks on me tonight!!! congrats to you
ponzi scheme market up tomorrow...wish I held my puts till close to execute...oh well...cheapie 258 calls I guess everyone bought at close...gap up tomorrow but me the mega bear, always loses..lol
another big day low volume melt up..Jonny Read came through. He better change the symbol soon and fluff some ether news before the bubble really bursts
I been dreaming of flash crash or lock limit down halt market for years...lol. Will never happen unless a nuke drops. Now we have our "correction" and blue sky's ahead??!!...one of these days, the buy the dip to higher high's will blow up in faces. Don't fight the fed they say so why can't it keep going down??? I say emergency rate hike...lolgrrrr, now here comes the short cover mid afternoon rally... whats your call on final hour? be nice to re-capitulate and finish at low's..but I can dream...
my dream would be baby plus bathwater,...bastards don't do it anymore...last hour will be fun...scumbags can reverse this shit up 15 handles before final hour fun
god I hope so..think they baked in all the rate hike's though. Would love lock limit down curbs in:)))) asian contagion style
I executed mine too soon...upside protection now on 262 calls:) bastards will whipsaw it again...maybe
not gonna lie...defied my expectation...even with the quick cashouts in first 20 minutes, it regained it's steam. Took balls of steal for longs to stomach that. I'm sure many have sold into the momo and playing with house money. I thought the fade to .005's would just churn into a tight range. Happy for those who nailed the pincher play and even ran on yesterdays news
how much of a haircut today?..although I was dead wrong yesterday top calling in .004's..wonder if it ends up being like a PTO# play or a one a done--no position. Great fade opportunity
amazing how some think that and are like WTF??
Kool-Aid is the 'drink' by which investors lose their money, much like the drink that Jim Jones 'followers' lost their lives. It is prevalent with stocks having great 'stories' but lacking in strong fundamentals. Investors that get 'drunk' on the 'words of the CEO' are the most common of all Kool-aid drinkers
Trend
Company History
Formerly=EnergyTek Corp. until 11-2016
Formerly=Broadleaf Capital Partners, Inc. until 7-2014
Note=3-02 State of Incorporation Colorado changed to Nevada concurrent with name change
Formerly=Peacock Financial Corp. until 3-02
Formerly=Connectivity & Technologies, Inc. until 3-96
5th ticker change with be something soon. People wauting for more fluff news releases to dump into like early January
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000748268&owner=exclude&count=40&hidefilings=0
Capital Change=shs decreased by 1 for 100 split Pay date=03/22/2002.
Capital Change=shs decreased by 1 for 150 split Ex-date=07/23/2014.
Capital Change=shs decreased by 1 for 10 split. Ex-date=11/22/2016.
but that has all changed and are supposedly on a clean slate of this shell...potential pup job coming again..trying to catch the blockchain trend like a gazillion other pinks..SEC cracking down on whoi is legit and who is not..Read better fluff this one soon
Mr. Read better have everything crystal clear and crazy clean with legal if they are planning a name change! For everyone’s sake I hope they are merging with BCG or someone legit....
https://www.zerohedge.com/news/2018-01-22/sec-cracks-down-overnight-blockchain-companies
I thought it was a pump and dump...wow..but give it another day for the elevator shaft down
I had a POS like this one too once...F'n massive bagholder plus averaged down....POS went to 0.0001 reverse split like most of these scam pinkies..bye bye 12,000
figured that...lol. A Virginia Tech product I bet. Are you "loading the boat here"? Can't wait for the new ticker symbol..lol
agree, I was expecting a bigger pump job on the PR.. oh well, time to dump it
Hey H2, Yes that is a great article of Knight Capital. Very informative
so is this from FINRA:
http://www.finra.org/newsroom/2017/sec-finra-announce-national-compliance-outreach-program-broker-dealers
The Definition of a Threshold Security
A security will be placed on the threshold list if it has a significant fail to deliver position for at least 5 business days. This list includes failures to deliver for both long and short positions. The standards are different for SEC reporting issuers and non-SEC reporting issuers. The definition of a threshold security for a reporting issuer is set forth in Regulation SHO and for non-reporting issuers is set forth in Rule 4320.
Regulation SHO defines threshold securities as any equity security of an issuer that is registered under Section 12 of the Securities Exchange Act of 1934, or that is required to file reports pursuant to Section 15(d) of the same Act, and where, for five consecutive settlement days:
? there are aggregate failures to deliver at a registered clearing agency of 10,000 shares or more per security; and
? the level of failures to deliver is equal to at least one-half of one percent of the issuer’s total shares outstanding.
FINRA Rule 4320 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:
? aggregate failures to deliver at a registered clearing agency of 10,000 shares or more; and
? a reported last sale during normal market hours for the security on that settlement day that would value the aggregate failure to deliver position at $50,000 or more.
Each Self Regulatory Organization (“SRO”), including the stock exchanges, must publish a daily list of the issuers with a significant delivery failures. This list is known as the Threshold List, and is based on information reported to the SROs by theNational Securities Clearing Corporation (NSCC), the clearing arm of the DTCC. It is published every night at around 11 p.m.
11 Signs That You Are A Victim Of A
Pump & Dump
1. INCREASED VOLUME AND A TEMPORARY UPSIDE
A quietly trading stock has a sudden increase in trading volume following a promotion, which continues even after the increase in share price has been eradicated and the stock falls into negative territory. This is a sign that the insiders had offers at the asking price all the way up and once profit taking started, the insiders continued to sell, this time by hitting the bids..
2. INCREASED VOLUME AND STRAIGHT DOWN
A quietly trading stock has a sudden increase in trading volume following a promotion, but in this case the price went straight down. How could this be if there were no sellers when the stock was quiet? This is a sign that the insiders are dumping, providing stock to bidders no matter what the price. Insiders are probably competing with each other to get rid of stock.
3. INCREASED VOLUME BUT STOCK MOVING SIDEWAYS
A quietly trading stock suddenly shows trading volume but the share price is stuck in a tight range. This is a sign that the insiders are not whacking bids but have plenty of stock for sale at the offer. This is the smartest tactic when dumping stock because in this way, unsuspicious investors like the fact that there seems to be support for the stock and yet it hasn't run away giving them the perception that they are not too late to join the party. Always and inevitably, the share price will fall out of bed once the bids stop coming in and the insiders have no choice but to lower their offer. At that point, other investors will also attempt to cut their losses and join the selling.
4. THE TOUT STOPS TOUTING
Touts who have been pounding the table for days or weeks, sending email after email suddenly go quiet. This is an indication that they are no longer being paid to tout the stock and have moved on.
5. EVEN WORSE, THE TOUT DISASSOCIATES HIMSELF
Touts rely on the insiders to sell in an orderly fashion rather than just dump all of their stock in one load. A stock whose price drops from the word go in spite of the increase in volume looks bad on the tout, who has to be able to show at least a brief increase in share price in order to maintain the confidence of the subscribers he relies on to participate his next pump. If the insiders sell in a rush, no investors make money and the scheme becomes more obvious. In this situation, the tout will often issue an apologetic email to his subscribers feigning ignorance and retracting his recommendation, albeit too late.
6. THE BIG DEAL FALLS THROUGH
Pumps and dumps are often executed in conjunction with the concocted announcement of pending merger, acquisition or contract that is in the purportedly in some due diligence stage. The insiders and touts will use this period to continually pump the benefits of the coming transaction, giving a chance for the insiders to divest themselves of their holdings until the inevitable announcement of the failure to consummate the merger, acquisition or contract.
7. THE COMPANY GOES QUIET
Following a period of sudden and frequent press releases disseminated in conjunction with a slew of touts promoting the company, news from the company is hard to come by.
8. NOBODY HOME
During the promotion of the company, there is a facade of transparency and investors are encouraged to contact the company and even talk to or email the CEO/President. Suddenly, nobody returns phone calls or answers emails. This usually happens at the same time as the company goes quiet.
9. ISSUED AND OUTSTANDING INCREASES DRAMATICALLY
If a double digit percentage increase in the number of issued and outstanding shares occurs following a promotion, chances are that the insiders have issued themselves stock to replace the shares they sold into the pump and dump campaign.
10. GOING IN REVERSE
Shortly after a campaign of press release and stock promotions, the company will announce a reverse split of its stock. In spite of whatever reasoning is proffered , the real reason to reverse split the stock is eliminate the new shareholders and set up for the next pump and dump campaign.
11. THE SEC COMES A CALLING
A temporary or permanent trading halt is ordered by the SEC because of a concern of a lack of accurate or verifiable filings. This is often the result of a heavy and prolonged stock promotion executed in conjunction with grandiose claims and heavy trading volume. These conditions will sometimes, but not always, trigger the interest of the SEC.
What the Threshold List Does Not Reveal
The Threshold List is simply a list of the companies which, for that particular day, qualified for threshold status.
The Threshold List does not:
? reflect the short position in a particular security, but failures to deliver for long and short positions; ? reflect the number or total amount of failures to deliver for the day;
? mean that any improper short sale or long sale activity has occurred or is occurring for the securities listed; and
? reflect only failures to deliver because (i) a security may remain on the Threshold List longer than 13 days after broker-dealers close-out all delivery failures, since the security stays on the threshold list for five consecutive days; (ii) new delivery failures resulting from long or short sales that crossed the threshold, keeping the security on the SRO’s threshold securities list; or (iii) the delivery failures may have been occurred prior to a security’s appearance on the Threshold List, and may be grandfathered on the list from the close-out requirement of Regulation SHO.
It should also be borne in mind that since the threshold list is in part based on the number of shares any company has issued and outstanding, unreported stock issuances can and will land the stock on the SHO list when in reality there are no significant failures to cover.
This baby went from .019'ish to .053 ish last week after a steady staircase down for 2 weeks on "dilution" , "shorting" or whatever claimed....and yes COWN and MAXM not there...sooooo??? they covered???Not saying you can time those runs perfectly but those high volume days provided great liquidity to sell into..Maybe people got trapped getting greedy for multi bag dreams..Those are usually the low rollers...money was made and move on.
So now as a typical OTC it retraces or trades flatish...These "crypto" OTC stocks trade regardless of bitcoin or etherum moves so don't blame that...There was a bunch of companies claiming to move into that sector just to catch a ride...even this one did. Man, don't drink the kool-aid and get married to any OTC. Can you catch one that could multi bag..yes, but few and far between in my experience
So now the float and OS are higher and anticipate tighter ranges unless a company news pump which should of happened by now I thought...wish it happens but this play could be dead money for awhile. What do you think? This is on topic btw
I hope so...been waiting to play a reversal on this for a swing play....be great baby plus bath water and another gap down tomorrow...although I though gap from to $12 was gonna fill today before retracing...I got stopped out betting on that...MJX did but not this...oh well..gotta love the volatility everywhere
hope it happens for those left in...they should have changed the ticker symbol by now or at least follow up on their claim to be in blockchain...one tie I was caught holding a bag and down 5k in a penny...I had to wait months before it came alive and got lucky on a paid promo where it gapped and ran for a day...hope it happens here for you
when is the earnings call?
fly, another diluter BMAK raping it
agree, notify SEC about these guys and Mr. Reed
https://www.zerohedge.com/news/2018-01-22/sec-cracks-down-overnight-blockchain-companies
honda, how you doing?
I hit those .15's hard like you said, bought more at .12, bought more at .09, more at .08, more at .05, and then last at .03....I think we bounce up tomorrow to .03's on the news. What you think?
I saw that article too. Happenes with MJ companies too to catch a piece of the euphoria. Who cares, get in and get out, ask questions later:)))then let them go to jail
You guys see that reversal---BOOOM.....023-.026. Is that the start of HUUUUUGE things to come??? "I missed the bottom"--I'm delerious right now. Have a good one guys, I need a drink or 5
.12 was a good entry and we were going to .20:)))
good dd MMMQA. I been guilty of jumping in without researching throughly of other OTC's in past, eating a small loss is better than hanging on and rely on hopium. I was negative on this cause all the freegin name changes on this.(now I'm like...hmmm, maybe go long at these levels but i'll probably get burned... Those kind of runs always fade but never thought it go back this far... Just how can they start a clean slate so easy is puzzling. Then they go into quiet mode after sucking in fresh meat after "etherium" investing...There are other companies that said involved in MJ just to ride the wave....may be complete bollocks and a one and done. It may just flat line in the future at these levels and volume lass and less and then loss of interest.....but then they will come out with some kind of PR down the road or a paid promo pump job
rudy, you think so? I wonder how it cost them to get to the QB and do all that paperwork nothing. I think the dukes are up to something
john, thats happened to me. I went in blind to some POS pharma that claimed to be in MJ industry waiting for some stupid patent....I kept buying and knife catching even went it went sub penny. I still look at this POS on my list at .0001...every 10-15% I kept doubling up, no stop. F'n thing burned me and never want to go back to trading. I justified it as a great write off...bye bye $10k
oh damn nssun, I was looking at dec. 17th ish...crap, I'm wrong just saw that white candle when they jacked it up on air. I actually thought when the .031 was closed, it would be bounce. NM, abort that call but maye they will dilute a little more to hit .01's? and do you think as an OTCQB, tey have to stay above .01. There was some rule change I think on that 3 years ago and wonder if still applies
no the PR's will be pumped i'd bet in the future once the volume dies down and trades flat and gets off REG SHO list would be my bet...then booom, spike to dump into and sell the news
wow, looks so tempting!!!!..I may even go long but not while on REG SHO and wait for capitulation from longs trapped higher. 0.0168 gap from early december may even fill!! patience patience... then booooom symbol change and PR pump
I'm impressed, even with profit taking unto spike, keeps chugging. Too bad I unloaded last week at .12...lol You never know which one can be a big winner:) cheers
reversal dumpage, was a nice ride while it lasted