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Anyone see Todd Barker from CDEL retired? Hmm wonder why lol He won't be the only one if NSCC-002 passes Friday, which Im assuming it will.
CDEL getting put on a leash is good for PHIL and 100's of other stocks.
Maybe we will get back to how the market is suppose to work.
Well I'm hoping you are not holding your breathe on that. Should we call rampart now? Philsters to your aid :)
Cool. Have a feeling we will see some different numbers.
I noticed that has been more active. Was stuck at 0054 for like ever it seemed lol
But movement is also good news for PHIL.
Well put. I very nice scenario indeed. Hence though why I said we had the support and not have to worry about shorts.
Like your explanation a lot more :)
More than likely IMO Henry getting shares for the books :) Will be interesting to see the #'s that brokers are currently holding now.
Some big numbers moving around it's really hard to say what's going on. Just doesn't seem like retail to me.
Also, I see CSTI getting involved a lot more lately. Curious about that.
Totally agree with you though. When whatever is taking place is done this thing is going to explode.
If short interest is low than agree. Thing is PHIL is no different than any meme stock. We are strong! Look at every time we dip here, buying goes crazy.
We all know PHIL is going upward with support to do so. With that said, we have no need to care about shorts anyway. But, just something to keep in mind.
Would depend on short interest. With shares being bought back it could be relevant. Meaning, those shorting are assuming buyback isn't happening and there are more shares available.
Phil hands are pretty strong, when the time comes to cover a short position there may not be shares to cover.
Now this becomes relevant to increasing pps.
Seems they are trying to avoid a huge market crash. Retail being heard!! Have to like that.
This will also be very good for PHIL moving forward without illegal manipulation.
It will NOT allow hedge funds to continue to print short positions to draw down a stock until they can cover.
With meme stocks hedge funds have been going well beyond the money they actually have because of the amount of retail stock holders.
Basically if hedge funds aren't balanced every day with funds to cover a computer will buy shares at any price to cover their position.
For instance when we have a margin account, a broker will call you if go below a set amount. Which means they automatically sell your equity.
Im not good at explaining stuff hopefully someone can do better. lol
This is a good step for retail though.
Here's something I love about the PHIL board. Thanks to ALL the great people here, when this takes off, we won't just have those cpl making big money, we will have A LOT of people making great money.
The information on this board is endless, giving everyone the understanding of the possibilities.
Which in turn gives EVERYONE the knowledge to make good decisions.
We could start seeing some volume today from the article...
https://microcapdaily.com/phi-group-inc-otc-phil-powerful-comeback-brewing-as-emerging-ma-co-goes-for-pink-current-looks-to-national-exchange/131703/
Oh now that's an interesting thought! Well you know... PHIL money could be a key there. :)
Say some huge modifications to the Ranger off road class.
Not a die hard Ford guy, just want a Raptor. Couple friends have them and a sweet ride when off road. There are several others now in an off road package that compare, so guess it's up to preference.
Totally agree though, price of trucks are ridiculous. However, holding PHIL we will get to buy without the need to look at price tag. :)
Think a lot has to do with hedge funds rotating sectors, shorting etc. If you watch you find the same patterns.
Most of them were ones that saw all the huge spikes back in FEB.
As some sink others spike notably fcel, mvis, mnmd, lazr, and clov which is a health sector
Sweet indeed !! That should make things even more interesting here.
Looks more like shares going to PHIL BOOKS to me but wth do I know just a day trader...
$$$ PHIL $$$
Think Cordova has been in PHIL the longest and recently made a post that IMO sums it up because if this individual isn't concerned nobody should be...
"Please stop these fishing expeditions about dilution and some other garbage that has been talked to death for weeks and months. We will get current this month and once we do, you will see the transformation I have been referring with some others.
Enjoy, and stop worrying. You have a winner here that will make all your dreams come true. Relax and stop watching the share price every minute. Play some golf and do fun things. PHIL will take care of itself. Just be loaded as many of us longs are."
A broker can manipulate the transaction to be a buy or sell depending on the direction they would like the pps to go. Plus in otc they could skip listing it all together and gather trades to post at eod to keep pps from moving.
CDEL and JANE are well known for manipulation
CDEL was fined and given a cease and desist for doing this very thing last year around June I believe.
But fines are so petty they continue to do it.
That's the way they hold this down. Legal...no. But they do it. It's been like that a lot. Fake ask wall and floating order under it.
Lmao way too true :)
Can't get away with much on this board. All good fun. Was just catching up on posts so I didn't have 3 pages to go through in the morning...too funny.
Lmao ..Leave it to you to come up with that one.
I saw it :) Honestly I like Cordova's post... Just going to chill and enjoy the ride!
Wow that was a brain full. hahaha Think you did that on purpose knowing I overthink easily.
Not even going to try to comprehend that scenario... lmao
So basically just a money swap and shares can just be deleted and added accordingly.
That would be easy enough to track I guess.
Ok thanks for your input. ALWAYS appreciate your time.
Well said $$$ Go Phil $$$
Looks like I get some R&R in this week :)
This is my curiosity:
Thanks. I sort of knew that part guess I'm just over thinking the price action today.
Well my question was with those 15 - 20 B that we know brokers collected how does the company get them to retire?
Obviously shares have to be bought from brokers that collected them.
Off market transaction or does it have to be during market?
Volume and calculated pps sync today seems odd...
Thought for sure this was going to be in 40's but I like the fishing idea. Was raining here or I would have been.
Interesting day though. My question would be how does Henry actually get the shares?
Does he have to purchase them from the brokers on open market?
Price movement today was VERY strategic...
Well it is what it is... but eventually something has to give. You would be surprised at how effective power by numbers can be.
Hedge funds have a lot more to lose than the common trader. Plus the deeper they get in the worst it gets.
Imagine if it were here... Brilliant minds would have EVERY single detail.
Same stuff would happen... HUGE power play.
Anyone keeping up with the naked shorting b.s. going down soon? Some kind of meeting going on this week to see what will be done about it.
From what I understand insurance will take over and shares will be bought automatically to cover non existent shares.
This could be related to what is going on with PHIL and a lot of other otc's today.
Trying to make up for huge losses they will have to endure.
Good point but won't take long for them to realize they are losing ground rather than gain because only getting buys not sells...
Indeed... sure looks like total algorithms.
Taking a chance but when they only get a slap on the hand kind of fine for the money they turn, heck why not.
Total b.s. but if philsters hold strong we got this!!
They can keep trying but we all know they aren't going to get the shares they are looking for...
Good guess lol