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Nice to see you here yes. This is my lotto trip stock play that beat the odds. Happy new year.
They dont have to cover at any given rime if they secure funds to delay the event. You remember that classic example i gave last year. Short position magically appeared after 6 months and a stocked moved from 0.001 to 0.20s on the entire float covered one trader did it and the MMer firm covered to avoid FINRA revoking their license.
Well if it doesnt happen in 2 weeks we will know why. Hopefully its already been filed at the $10k fee paid for the uplist because the 30 day minimum 0.01 price has been met. If they filed it in early December then yes it could happen next week.
You all have a good night. I have been a penny stock trader since 1999.
Anerica brokers do not have the naked short positions. Its offshore accounts where American disclosure rules NEVER APPLY. The finra short volume that gets posted please read the fine print on that website or FINRA about the data. It is not an accurate short count and its misleading to post it as such. While Naked short positions are never disclose because its already illegal in America off shore accounts where most big money operates dont have to disclose due to the jurisdiction.
Good to all and im looking forward to that OTCQB UPLIST.
OTC market a private organization took 4 weeks to remove the CE why would an OTCQB uplist be any faster when they only have 2 guys available for final approval at any given time. And there back logs of thousands of companies. The CE removal took what 6 weeks? Slow inefficient process still exists at OTC Markets. Hopefully it will be sooner but im not betting on it happening the next 2 weeks. GLTU and your assumptions it will happen next week and i hope to proven wrong.
Good article from canada. They move the shares continously to new broker accounts offshore on a frequent basis and could be daily or weekly or they have the broker mark short positions as long positions to avoid disclosure. Collusion at every level it seems.
https://www.google.com/amp/s/oilprice.com/Energy/Energy-General/Naked-Short-Selling-The-Truth-Is-Much-Worse-Than-You-Have-Been-Told.amp.html
Happy New Year and 2023 is going to be a good year.
The larger funds will push this higher only after the OTCQB UPLIST and anything expecting it to happen next week imo is setting people up for disappointment and who probably wont hold it until the otc uplist. NSS know this as well as longs. The momentum traders dont imo.
This is the event the OTCQB uplist that should help trigger a NSS cover but the process might take 3 or 4 weeks with OTC Markets to get approved.
Since then they have used other offshore trading accounts and i dont know which countries because im out of the loop. 2023 will rock and that 50 million share trading days is nothing. Looking for a 25 to 50 million share volume event under and hour and predominantly buying as a confirmation of shorts covering. Also onmy fools set stop losses and anything set as a stop loss is an amateur trader period. This is penny stocks and 50% swings are normal up or down any freaking day. Thats why its not recommended to set stop losses.
Not overseas positions as American laws dont apply. 2010 to 2013 NSS were moved to Germany tgats why thousands of otc pink stocks mysteriously appeared there during this time to temporarily get around some new rule changes made.
A price of 0.10 or less wont trigger the margin calls imo. They are plsying it kosher as if they dont exist. Nobody can prove the NSS but generally these positions are moved into overseas trading accounts where US laws dont apply. DBMM trades like a relatively tight float im impressed. And i dont need this win and anything less than 0.10 isn't worth peoples time.
The squeeze imo will happen after the OTC QB uplistbwith another 3 times plus liquidity on the upgrade. Alot of smaller funds cant buy OTC Pink stocks so the uplist will allow bigger fish to buy DBMM.
Im willing to wait months. Free shares sold in the billions at 0.001 and below. High interest payments until the cover or squeeze. I think it might be February. The longer they hold it hear penny players dont have the ability most flippers to hold weeks because it momentum trading. I still think most of the shares held by longs were bought below 0.001s and there is NO NEED to sell below 0.10s as all we have to do is wait for the real volume to resume. Looking for a minimum 25 to 50 million share slap for confirmation of a potential short cover. I have not seen it yet but these positions are unverifiable and when covering starts this stock should jump to 0.25 relatively fast then slowly go up over time from there. Patience is required here. GTII depending on which squeeze you look at the first or second wave still took 1 to 2 months to develop.
Proud you and all longs who held for years. This should be a historical win for all us when its all said and done.
Im still here and expecting 3 billion minimum in assets merged or given to PSPW. The audits took minimum 18 months. It has to be BIG. If it was just PSPW shell it would be 6 months and done by now. Their original goal was a NASDAQ uplist. Well im still waiting for minimum $4.00 open. Happy New Year to everyone here.
Q1 or End of April at the latest but i do think February or March is the most probably and they have to start the project in Albania or risk losing it and the Albania government trust for new projects.
Emphasive most read for 3 years straight on the boards.
Shorts sold billions of shares at 0.001s LMAO. Begging us to sell the lotto play before the lotto play hits!
Well fools sold what 2 billion shares at 0.001ish average and now its 20 fold more expensive. Everyone has time. No rush and its a lotto play. No one cares about their 2k or 5k risked in the trips and have their money back and own the billions of free shares. Rumors are longs are HOLDING for as LONG as needed to see the massive volume returns.
Glad i dont get HIGH INTEREST MARGIN CALLS.
He was right on the money.
Hey love pink. Good call on DBMM. I am curious what your thougts are on possible price targets and/or next possible moves for this company.
I knew it and let me guess Kramer is the leader.
Nobody is dumb enough to set stop limits on a penny stock if there is a short position.
Iceberg buys
When is the reverse merger? Need to get this party started.
Once this hits 1.00 you better be retiring from that job.
Merry Christmas to all!!!
Those profits will cover their losses here.
It would be sweet if DBMM bought back their stock at 0.0001 and retired it or sell it to the shorts at $1.00.
My prediction OTCQB uplist next week get 3 to 5 times the money flow before announcing solid news Q1.
Review GTII they had no shorts either per some random poster.
Sorry the ruke changes were not for companies like pspw but the ones who reverse split and steal money. You know the routine with toxic lenders.
Talked with the SEC non filers were given 2 years from 9/2021 to get compliant were sent to the expert gray markets. The attorney stated that everything looks good on PSPW and that the rule changes were intended for companies like PSPW. He said that they will either file or dissappear by September 2023. Im expecting because the audits took 2 years it will be a reverse merger of private companies into the shell in Q1. We will see if i win or lose. MMers dont have the shares imo and have been relying on the piggyback rules and thinly traded exemptions so it could be very interesting.
They renew a line of credit for 3 billion like they did previously with structured financial in Phoenix Arizona that expired in 2014. That would a mega win if they announced 90% control in exchange for a 3 billion dollar line of credit. Time will tell. I feel confident it will resume trading 2023.
Its not current yet but they have been working on the filings in 2022 and it should be completed so at somepoint it will remerge. They do have until 09/17/2023 but i am expecting February or march it comes back as OTC Pink current.
Whats your top 3 plays today?
Its my first penny stock buy in 18 months after taking a break. Im still have my large trip position in DBMM which finally resumed trading and i still own over 10% of PSPW float as insiders own between 85% to 92% billionaire group out of dubai. They should be filing their 3 years of audits in Q1 of 2023 and building those hydrodams as the Russian war has made all energy projects a go in Europe. Merry Christmas to you and everyone else.
There is one penny stock that is acquired a tequila producer and has connections with a strong ceo to distribute and sell the tequila nationally in the usa with the product launch starting in January. SNTX. 182 million issued insiders 40% and a 24 million share float. There is some minor notes but it is trading at 0.007. Expecting 0.10 to 0.20 next 6 months as sales increase on the tequila.
Merry Christmas to you too!
Longs are good. They are holding. No margin calls with HIGH interest rates. Life is good owing those 0.03s% chance stocks that beat the system.