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Thank you sir ...
Would rather not comment for there is a chance of being wrong and if others reacted negatively prematurely it's more damaging to the community. My personal situation allows me to jump back in if in fact I've perceived the situation incorrectly. Other may not be so fortunate.
What's so great about a free world and our lives... We all have the freedom to opinions and to make our own choices.
I will always wish the best for everyone no matter their choice or opinion.
Everyone's situation is different and luckily I have the opportunity to get back in and double up if need be should the situation have a better outlook.
unfortunately we are all out for the moment. I'll always be watching but input for now will probably be limited.
Was referring to how the share structure gets resolved. However, with that said, someone can correct me if I'm wrong but I believe Henry is President, CFO and CEO so that should give him more say or pull on how this issue is addressed.
Make no mistake, it is VERY possible buyback has happened and shares will be retired. But until that happens, personally, I will always be keeping it in mind.
Just my opinion and everyone will have to make their own choices.
Obviously.
Honestly, we know the people here are amazing, PHIL is a one of a kind opportunity with a one of a kind CEO, and the DD here backs it up.
The ONLY thing to watch is how the "Company" moves forward with this share count.
I say company because sometimes with such moves PHIL is making things happen that is totally out of control of the CEO.
It's just an area where each individual will have to make their own choices.
I'm always watching. :) Sometimes just have to let things play out.
However, DTC-2021-002 was passed and will be in effect tomorrow. Be interesting to see if that will effect PHIL in the coming days.
Shorts trying to cover and fomo buying. As far as selling. Could be fake sell offs trying to get retail to let loose. retail taking profits, or "the company" making some money on shares that were bought back earlier.
A problem is the volume ... I'd like to hear the excuses people come up with for so many shares moving around. Remember shares have not been retired and can be put back on the market. (Possibly)
We must remember buy back expires June 30th.
Right now one can make an assumption that "The company" was given all shares (fake ones) they wanted for buyback and those who gave them figured they would get them back through manipulation.
So let's just say "The company" has those shares. IMO pps would have to climb to around .05 at min. before shorts could possibly be covered. Est. 4 - 5 billion in fake shares.
Extremely hard to say given we don't have buyback numbers or if it has even happened. However, keep in mind there is no possible way this pps gets to this level without Henry holding shares ...Just my opinion.
But with all this said... If this gets to .03 - .05 and then starts to fall off quickly one will have to make a financial call. Everyone's situation is different along with their risk tolerance.
Like always just my opinion. Personally I will be skeptical if buyback is extended and my group will probably withdraw until current and numbers are stated. But again our situation and ability to get back in at any pps is different than others.
There are a TON of shorts yet to cover so even if you are looking to take some profits or safe guard your investment you may want to hold off for a while yet.
On a, not so popular, note... Keep in the back of your mind any shares bought back have not been retired yet. Now do we know of an amount.
Not trying to be negative, just trying to keep it real.
Enjoy the ride!!
Reading pages of posts I missed seems people are shocked the pps has increased. Not only did I mention an increase between 11th and 18th also mentioned the market correction.
Now granted the margin calls did not happen just yet but they are coming.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164189860
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164434408
Market correction will last well into next week and possibly propel PHIL even higher. A great opportunity to pick up some blue chip stocks. Better yet, blue chips with dividends! You can do an easy search for those.
As (certain) market makers and hedge funds bleed billions on short positions they do not have the liquidity to keep every stock down.
One other note... reverse repo is now charging interest. Last week we saw a huge jump from 550B to over 750B
Have a great weekend!! Monday morning we will discuss some realities here just to keep it real.
Watch the bid now... cdel will manipulate the others above by buying them out and move the pps down
Unless Jane won't move down I should mention.
Not really sure actually. I know NITE is huge though.
Now with cdel controlling the ask watch the numbers on the other go down..cdel if they want to keep control they use the payment for order flow to shift shares down to ones below to keep them lower #'s then they can keep control of the ask.
Also NITE is cdel's right hand man so to speak. Many times they will work together to manipulate others. Then nite will back off.
They tend to attempt to block cdel from having control at a certain price level. If they go above on ask. pps wise, cdel wont move the whole day. slowly the can force the price higher on the ask by staying in front.
Watch the amounts... cdel buys out the ones in front of them to gain control. Then they can move the price up and down at will.
More like control not support. CDEL's payment for order flow will always be a negative for retail traders.
No offense man but look around the market CDEL is the issue. Not a positive one either.
Another catalyst we could see sooner than filings is a huge market correction starting possibly tomorrow and well into next week.
This will deplete hedge fund assets and force some margin calls.
With reverse repo into 500B it's just a matter of time before feds say enough is enough.
All just a waiting game but what we do know is PHIL a winner!
Ah well said !! Thinking we could see that uptick I was more inclined to think we would see yesterday but mm's chose to hold it in place.
Well they will learn the hard way I guess because our floor is much higher than it used to be...
We all know we aren't to far from good news.
Believe so "they are still shorting" Think your correct cdel and company. Like Pokerpro05 said this morning looks like they set a trap by running it up a bit and bringing it back down trying to fool us.
Silly MM's these shares aren't with kids :)
It had sure seemed to me shorters were covering which increased the volume but with this goofy price action today I'm wondering if they are still shorting it...
Either that or they are getting some shares out of people at this level so why bring it up... IDK Trying to make sense of it.
Thought for sure they would be smart enough to cover but maybe they are just that ignorant.
Oh man, spot on !! That's a perfect explanation. IMO they are covering and making shares disappear. If new comers would hold shares tighter we would see this climb a lot quicker.
Surprised it actually got a little lower. We should see a new high though today.
Those fake shares are going to be a thing of the past IMO. With new rules in place etc. and the cracking down on illegal manipulation we will have confidence in our market again.
For anyone that doesn't know 005 was put back in play. Don't really have the time to explain that but let's just say it works hand in hand with many of the others. A big factor is many of the rules implement a immediate effectiveness as rules are passed.
https://www.finra.org/sites/default/files/2021-03/SR-FINRA-2021-005.pdf
Very possible mm's could pull down to 91 but this will shoot right back to a new high .015
Of course just an opinion who know what these mm's have up their sleeves...
Pretty safe to say looking like .02 - .03 here in the near future.
Without a doubt shorts covering etc.
Zoom out and look at day chart time frame a cool off was certainly needed.
Plus, if we add in the pounding of shorts, naked shorts etc. and compare the chart to back in FEB. if shorts want out of ALL positions one would think 02 -05 is inevitable without any filings.
IMO Shorts will get out of their positions before they are forced to do so... They may be evil or stubborn but they aren't totally stupid so expect a bit of manipulation on pps trying to get people to sell at the lowest pps possible.
Some great days though :) and future WOW an exciting thought.
$$$ Go Phil $$$
Haha that's funny :)
Well... hahaha Now I have to go order a couple more. :)
Have a couple family members that have become real quiet the last few days.
Haha ... Getting a cpl of the ones on there for sure. Will make a good gift for a few friends I got into Phil.
Very cool. I didn't know about these. Not sure how I missed this subject. Too much multi tasking I guess.
Great idea!
Well ... Damn. Now I'm going to look I need a cpl ..hello! Haha
Hey hey hey what the heck ?? Did I miss something about shirts on amazon or is this a joke of some kind?
Will be a great day for sure! I would go broke before I give these s.o.b. a single share... lol
Cdel playing games but other mm's giving them a hard time... You think cdel would learn and just cut losses SMH Pure arrogance!!
Who would sell at .05 if they knew they could get .50 lol This concept is why lets say, people of meme stocks, try to get day traders to stop doing it on those stocks.
It's not because they are trying to control someone else's way to make money etc. It's because when you day trade the stocks and not hold the shares it gives MM's an opportunity to manipulate the shares and making a few disappear each time a day traders order is placed.
Over time, mm's could get rid of all naked shorts without ever leading to a squeeze. Same would go for legal short positions.
Even slowly taking a loss would be better than a forced margin call.
Exactly
Sort of my point there. CDEL and company would have to find a quick way to boost the PPS without creating more naked shorts and organically increasing the PPS without having a holding themselves.
You can not make shares disappear when you buy them to increase pps. But you can make naked shorts disappear in dark pools when shares are sold after you pay for news articles, etc.
I know it doesn't make sense but because they are a MM one method leaves a trail while the other does not.
You know I really don't know right at the moment. Hoping for the best.
If we look back on last week PHIL was really gaining steam, popularity, and a lot better understand among people of the possibilities of PHIL.
With that said, we know CDEL and company watch the forums. It's possible they finally realize PHIL will get current, people will not give up shares cheap, and they need to find a way out.
We all know bringing pps down isn't going to work So maybe, just maybe they will try .02 .05 .10 or .15 cents to get back a few billion shares.
Doing this is a lot easier bringing new eyes in that do not know the PHIL history and just getting involved because of hype, new articles, and rumor.
These people will always sell off quickly as the saying buy on rumor, sell on news will always hold true. Or buy the dip sell the rip :)
I believe you are correct. Also think it's a form of trying to mitigate losses. Cdel and company are in a real tight spot. Check out this article:
https://www.bloomberg.com/news/articles/2021-06-11/citadel-securities-settles-with-hedge-fund-over-secret-algorithm
Secret Algorithm... haha its not as secret as they think. Some of us have known about their b.s. for years.
Read through posts from the last few days here and not to rain on the parade but find it a bit odd for all the articles coming out all of a sudden with no real reason for them.
Makes me question where the articles came from, who wrote them, and whos paying the person to write them. Biggest question, why?
Articles would make more sense if we were current, shares retired, and company news was pending.
Understanding that subs are coming online etc. could be the reason people are catching notice. However, just makes me idk take notice so to speak.
Had to read through some posts to see what you were talking about. My bad, haven't really kept up to speed here.
Being honest, I don't really see those charts as shares being held. I get it one could make that assumption but on the chart it gives volume and number of trades made. There is so many factors involved when coming to that number for an entire month. Even more so if you factor in dark pool shenanigans.
Be interesting to see what happens here this week.
We have so much great DD and great things happening. One could look at the travel from point A to point B and not worry about how we get there but the fact of just getting there. If that makes sense...
Becoming current will answer so many questions.
Pretty rowdy in here... lol Just be prepared for mm shenanigans.
CDEL and company have been liquidating positions all across the market for several trading days now.
Maybe PHIL can be too much for them to handle this week.