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Been holding and accumulating for over a year. I am ready to see this stock make a run.
In my opinion this right now by some traders is seen as a short term stock to hop in and out. I think as soon as we see some earnings this switches to a more long term stock that people wont be letting go of so easily. I think our long term holders will increase after earning have been announced for one or maybe even two quarters. I feel this is a stock that if someone buys and holds for a year or two it has the ability to be in the 2.5 to 5 cent range. There could also be a spike at any given time considering that it will truly have earnings. This is all just my opinion.
Been holding for a long time here. Actually looked today and been holding for just over a year and steadily accumulating.
Does anyone have any price projections based on info from other stocks with similar structures and earnings what a potential run might consist.
I have been holding TITL for a long time and buying on the dips. I feel TITL is a good short term but also good long term play for investors.
I think if someone just put a set amount into TITL and then came back in a year or two they would be really happy with what they find.
I think that with everything that we have seen acquisitions and other announcements that this could possibly have a nice spike just from the fact that it is a legitimate sub penny stock with earnings.
I fell that in long run TITL could be between and .05 and .10 stock in the future.
Feel free to add to or bash my thoughts. This is just my opinion and nothing more.
thank you for the insight
if everything goes well with everything new that is occurring what is a guess at a potential value for this stock? I know its just speculation but based on people here opinion from other similar stocks.
Check out TITL looks like there is some break out potential and more news on the horizon. Look at DD on their message board.
i picked some up in 2's so that averaged me down a little lol.
ive got 20K in at an average of 1.5 cents lol
Thank you for the insight. I can wait for 2 years or so I am not in any hurry. I hope you do very well on this stock and many others do the same. It sounds like if I hold it for 3 or 4 years I may make some profit.
Good Luck
Rod
Now the little hamster is running in the wheel thanks for the clarification.
So the stock is over a dollar right now and you claim that you are going to get 100,000 shares why would making 100k be a big deal thats just a dollar a share.
You told everyone that wanted to sit on sidelines to wait and get in after its two dollars a share. If you are this confident why would you be selling when its a dollar a share to make a quick 100k?
I just dont understand your math or what you are trying to say.
Believe me I am not a basher My cost average pre split is over 6.00 a share i want it to fly.
Am I correct to state that it would be beneficial to this company if they had any non instituional buying on the side to have it come in before the offical RS to get the price up as much as possible if they plan on uplisting?
Senate tax bill info. looks like it made it out of committee lets hope it doesnt pass.
http://online.wsj.com/article/SB10001424052748703709804575202481173165478.html
Tax rate depends on what tax bracket you are in and whether its long term or short term investment. The 15 will go to 20% for long term investment with people in the greater then 15% tax bracket.
For those people in tax brackets 25% and above a short term less than one year investement ranges from 25 to 35% tax and I think the proposed tax increase is about 3 to 4 % tax increase at each level. So if this stock went really big we could be looking at paying 39 to 40 percent tax if you sold earlier than a year when you bought it.
http://www.moneychimp.com/features/capgain.htm
Good Read:
Market Maker Speaks Out: Ways of a Market Maker
I was an OTC MM for about 10 years ending in the late 80's. Since then I have been strictly an investor. Since I have not been that up to date in MM rules I will only make statements that I feel fairly confident are still accurate regarding these activities. By and large most MM don't have a clue nor do they care to learn, about the fundamentals of the stocks they trade.
They just try to make orderly markets. When dealing with BB stocks it is very easy for a MM to get trapped into being short in dealing in a fast moving market. Reason being; most of the MM's in this stock are what are called "wholesalers" this means they don't have retail brokers "working" the stocks.
So they have to rely on what's known as the "call" from larger retail houses. If a "Big" retail firm like an E-trade calls up a market maker to purchase say 5,000 shares of a stock, they expect to get an "execution" from that market maker. If he turns them down, or only gives a partial then the "Big" firm will go to another MM.
If this second MM "fills the order" then that "Big" firm has a moral obligation to continue to give future "business" in that stock to that MM who performed (his life blood). This will go on until he "fails" to perform and so on.
Contrary to popular opinion the "Big" firms Do NOT necessarily go to the "Low Offer" to fill a buy order (Or high bid for a sell). They "Go" to who they think will perform to fill the order and expect that MM to "match" the "low offer" in the case of a buy (bid in the case of a sell). Even though this MM might in fact be the "high bid" and not really want to sell any more.
As a wholesaler he must perform or he will get a reputation as a "non-performer" with the "Big" houses and will cease getting "calls" which means he will soon go out of business. I mentioned above that this activity is very significant to BB stocks. I say this because most of the trades in these BB stocks are "unsolicited" and are done through discount houses.
With the above groundwork laid, let me try to explain how market makers get short even if they like the Company; Lets say that a stock (shell) has been lying quietly at $.25 bid $.50 offered. A limit order comes into one of the MM's to Buy at $.50 for a thousand shares. Prior to this trade that MM may be "flat" (neither long or short any shares). He fills the order and is now short 1,000 shares. He may raise his bid hoping to find a seller to "flatten" out his position. But before he realizes it a wave of buyers have come in and cleared out all the $.50 offers. Now the stock is $.50 bid .75 offered. Here comes that "Big" firm he just sold the 1,000 shares to at .50 with another bid for 1000 at .75. He makes this print. Now he is short 2,000 at an average of .625. The market keeps moving and now its .75 bid 1.00 offered. Now he has to make a decision.
Just like investors, MM Hate to take a loss. So 9 times out of 10 he will now sell 2000 at 1.00 making him short 4000 but with an average .81. At this time he would love to see a seller at .75 so he can cover his short and make a few bucks.
But instead the market keeps moving up. Now it is 1.00 to 1.25 and here comes the buyer again at 1.25. He doesn't want to lose the call so now he needs to sell 4,000 at 1.25 to keep his break even point above the bid. Now he is short 8,000. Market moves up to 1.25 bid 1.50 offer here comes the buyer now he feels he must sell 8000 here because "stocks don't go up forever".
Now he is short 16,000. And so on and so on. If the stock keeps moving up, before he realizes it he could be short 50k or 100k shares (depending how big his bank is). _________________________
Finally the market closes for the day and on paper he may look all right in that his "break even" price may be around the closing price. But now he has to figure out how to entice sellers so he can cover this short. It is important to note that if this happened to one MM it has probably happened to most all of them.
Some ways MM's entice sellers; Run the stock up with a "tight spread" in a fast market, then "open" up the spread to slow down the buying interest. After it has "cooled off" for a little while lower the offer below the last trade right after a small piece trades on the offer then tighten the spread so that the sellers feel they can take a "quick profit" by "hitting the bid" on the tight spread.
Once the selling starts the MM's will walk it down quickly by only making small prints on the way down with the tight spread. Another way is by running the stock up in the morning, averaging up their short then use the above technique to walk it down in the afternoon.
Hopefully after doing this for several days, it will demoralize the buyers. The volume will dry up and the sellers will materialize thinking that the game is over.
Contrary to popular opinion, MM usually Do Not Cover in Fast moving markets either Up or Down if they are short. They Short More. They usually try to cover after the frenzy is out of the market. There are many other techniques they use but the above are the most popular.
This technique works about 9 times out of 10 particularly in a BB market. However that is because 9 out of 10 BB stocks are BS. Remember what I said above. Most MM's don't have a clue as to the value of a Company until they get trapped. If the Company has solid fundementals and a bright future. Then the stock will do very well. And the activity that caused the situation will prove to even help the future stock activity because it created an audience."
Market Maker's Operating Procedure
The savvy long-term investors never chase stocks up. For the most part that is momentum players and daytraders where most of it or what follows is dumb money. Instead the long-term investors use a couple of simple strategies in order to position themselves. One is to find a stock no one immediately sees has huge potential and accumulate. Long-term investors are not interested in trading against the public mind or the dumb money. That's where the majority of the money can be made but even more can be made if the base of a stock is held extremely strong by investors. However the second is not to doubt the research which is the underlying basis for going long and holding.
More and more investors are winning the game nowadays despite all bashers that float through the Internet that has become part of the game. Floor traders of market makers often watch CNBC, news wires and bulletin boards in order to follow the market during trading session. OTC BB market makers (MMs) don't use fundamental and technical analysis. However, what they do realize is a lot of dumb money does use this newest nitch charting or TA (Technical Analysis) to run a stock either up or down. To the MMs this is like taking candy from a baby. Simply they will paint the tape and use whatever tactic to affect the charting bands. Thus the public and dumb money they will have eating out of their hands. Effectively the MMs can show a strong stock growing weak by manipulating the close price in order to generate selling volume, delaying trading time to manipulate trading activities, or even stalling the ask without honoring orders to hold a stock price.
MMs follow a simple code of business when making a market in a stock especially an OTC BB. That is the level that stocks will seek that yields the most volume. Now this is very important because they make money on the volume buying at the bid and selling at the ask. In other words, by making the market they are buying low and selling high. Now smart money adheres to that rule, so do all the market makers. They could careless whether the stock is at $83 or at $0.23. All they care about is the action thus being able to sell stock at the offer (The high) and buy stock at the bid (The low). To increase their profitability, they make the spread as great as possible on as many shares as they can especially if the volume falls off.
When they have mostly all "buy" orders, that's not the price that's going to yield the most volume. They need both buy and sells to get the maximum action. Remember, MMs play the volume. If the volume decreases and there are mostly Buys that become a one way volume, Buy volume. So what they do is let the stock run up to a price where it runs out of steam. They fill all the buy orders there that they can and then comes the pullback one way or another naturally or induced. During the pull back they can buy tons of shares and flip them to those averaging down or trying to catch the bounce. At some price, the stock will be relatively stable and yield the most volume. Now that is the average price you will see
The average price is the point where a stock seeks a level where MMs can profit on the most volume. So during the day that is the price that MMs and momentum/day traders want to see the stock at. Why? Because they know the public and dumb money was chasing the price thing up. Most of the time, the MMs love a flurry of Market Orders which is a dead sign of an artificial run or momentum. Merely it is money in the bank for them. Most get hung in a momentum or day trade or by the tactics of Market makers, who are in the business to screw the public every chance they get and the NASD is not going to do anything about it. They are merely making the market liquid is there reasoning.
The market makers have created an added complication to the OTCBB's chaos of the already volatile intra-day price movements created by dumb money, momentum and day-traders. MMs can not relate to long-term holders in the OTC BB. That makes absolutely no sense what so ever. They feel a large percentage of trades in the OTC BB market consist of short-term or day-trades, MMs merely view the barrage of buy and sell orders as relatively neutral to the market. How they figure it is when the average dumb money buys shares in a company, the MMs feel or rather know with some certainty it is very likely that dumb money will want to sell back those shares relatively quick on the slightest drop.
Now somewhat comfortable with this logic the MMs merely short sells into the buying and attempts to take the stock down in an effort to "shake out" the weak. Since it is tough to know for sure whether a move is the beginning of a trend, or a routine shake out, this type of deception works quite well for the MMs. What the long-termers do to a stock is surprise the MMs because instead of falling the shorting has no effect and the price goes up. Now that puts the MM at selling low through shorting and thus having to buy high in order to cover.
Boy, when this happens, the MMs are not very happy campers. The investors and traders are supposed to be doing that no them. Now it becomes time to pull out every trick and tactic in the book in order to attempt to get a Bear Raid at every dollar mark or percent from where the stock started. Could be a penny in smaller priced securities? What MMs do is give you a chance to make a small amount of money for your momentum and day trading style by shorting it at these levels and trying to get a bear raid each time. Each failure is compounding the MMs short position so they let it go to the next level. Now come more deliberate tactics MMs use to coerce Bear Raid or panic selling.
Once the MM is caught short and the strength of the buy is overpowering the MM will want to cover his short position. So the MMs call up one of his friendly MMs and says some like "the weather is sure rough today." The MM along with the other "friendly MM initiates a down tick about the same time. Now this can also be done with a certain amount of shares such as an infamous 100 shares flag. This down tick gives the illusion of weakness designed to hopefully begin the bear raid of selling. The fickle, fearful, day trader, momentum and short term begin to sell out allowing the MM to cover his short position at lower prices. They will move it down quickly to get it to a price of least financial damage. Problem they have is long-term investors in the OTC BB. They start accumulating and buying comes flying in when they take it too far thus the MMs took it to the point of volume again and not only investors the other MMs step in the make money on the spread.
Alas the poor MM does not get to cover. Now comes various tactics like stalling, boxing, or even locking the Bid and Ask for a while. Of course, MMs aggressively deny any sort of collusion designed to fix quotes or spreads, but a recent SEC investigation tells another story.
MMs have a vast resource of tactics and it would take probably more than my lifetime to figure them all out.
So how do investors somehow manage to overcome the obvious deception in OTCBB arena? One answer is indirection trading style by going long which the MMs do not expect. In the war between investors and public companies on the OTC BB vs the MMs, if the MMs have all the advantages due to position or other factors, direct confrontation such as momentum or day trading hitting the stock is a definite death sentence.
However, an indirect approach tends to weaken the path of least resistance before slowly overcoming it. The most effective way is long-term investors slowly accumulating and holding thus drawing the MMs out of its defenses making them as naked as their short position. This is war so this slow accumulation and holding for the long term easily achieves the desired effect to force MMs to cover and knock off the tactics or bury themselves deeper.
The MMs when caught will especially use every trick and tactic in the book to get a Bear Raid thus playing on the individual fear of most people. The MMs feel they have information and position advantages over the investors as long as the holding of the stock is in weak hands or short term holders. Since they are OTC BB MMs who believe all OTCBB companies are not worth investing and management is ineffective regardless what is happening within the company. Furthermore, MMs know they are in the position to impose a great deal of influence in OTC BB stocks trading when it suits their needs.
This inherent power of position enables the MMs to move the markets at any time up or down. As a result, the only way to draw them out of their favorable position is going long. Now this does not mean just any company but to effectively nail the MMs, Longs must find the great company on the floor and accumulate long before the MM tactics and games begin.
fxsho you need to get of your parents computer and go to bed.
This kinda feels like a 9 year old kid going to bed on Christmas Eve and wanting the next day to hurry and arrive. I hope we get lots of Benjamins for christmas except before Halloween or even earlier.
I like this response from Dustin. It sounds like a real CEO and not some goof out to scam people. I like the fact that he won't just put out PR's that mean nothing. So when we do get PR's they should hopefully have substance. JMHO
Im ready I hope we are playing with loaded dice. I need a new pair of shoes.
Ive got about 3.5% of float tied up and I plan to hold it for a while. I hope we have people here now that are holding long term that should give this stock wings.
Im just barely on house money my cost average is around .0114
for whoever was keeping track i added another 200000 today.
waiting on funds to reach account going to add couple hundread thousand more before day is over.
a think they are timing this announcement to take advantage of the labor day holiday. The extra day with the market closed will give more time for the word to get out if they announce it sometime tomorrow. tuesday may make for a interesting day.
Thanks Brick. I used alot of your DD postings to help me decide whether to buy in or not. So I owe you a big thanks for taking the time to do the research.
Rod
900,000 at .01
Was able to pick up 360,000 more shares today at .01 I hope this turns out to be a good buy.
I bought 140000 today.
Thank you
I am new to this stock and like what I have read about it so far. Is there an idea of when this merger might occur?
1.1MM at .016
I have a close friend who I am having lunch with tomorrow who works for SEC. We are having lunch tomorrow I am going to suggest to him to Take a look at this stock as a potential investment. If he gets involved and things look funny he may open his eyes and see what happens to alot of investors with MM manipulation if it occurs. He has worked for SEC for 14 years and has some pull. I figure it cant hurt.
Was able to pick up another 320K today so cant complain about that. Lets see if we cant all make a little money.
I just locked out a million shares at .07 that is as high as scottrade will let me go above the price. This is not in a margin account, scottrade won't let be buy this stock on margin. Good luck to everyone.
I just bought KATX last week. I was wondering if someone could tell me what is currently happening and any guesses on future PPS. what is with KATG? which stock is better to own KATG or KATX. thank you for any help. I bought this as a referral from a friend who is out of country right now so he can give me no insight.
Thanks brick this sure looks like a great play.
Take a look at NVNC announcement made to shareholders this morning. Its on bottom alot of room for growth and just obtained huge patent.
Cool thanks I wasnt sure I just bought on referral.
If we are giving numbers to keep track i think i have about 2.8% of float and will add more tomorrow and then I am sitting and waiting. I wish I could get more but other is in TBJK so I am hoping these are two good plays for me. I wont post anymore so good luck to everyone and i will be holding my shares tight for a while and hopefully everyone will make good money dont forget charities.
what is the float.