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Congrats to shareholders/believers and soon to Lenzilumab™ to save human life!
https://m.facebook.com/Programa-Istmo-1276683332492010/posts/?ref=page_internal&mt_nav=0&refsrc=https%3A%2F%2Fm.facebook.com%2FPrograma-Istmo-1276683332492010%2F%3Fref%3Dpage_internal&_rdr
55min video posted March 19th, if anybody has doubts any of the projects Mexico has announced are not real OR dragging with no process..... this should help ;)
Correct, there has been more offers of 20k or 50k!
But it takes 2 to play and there have been MORE buyers BUYING 20k or 50k blocks as well!
First of, you don’t know if it is the same buyer unless it’s yourself or private knowledge and second there is a much more plausible possibility!
Shareholders of MRGE sit on huge gains and these swings/volatility make for rollercoaster emotions. On the dips they buy additional shares to support their position because they believed in their DD and when the share price recovers they simply take some small trading gains!
Instead of negative news you imply, I would imply “more of the same patience game & neutral news”
Higher overall volume is good! Sellers have plenty of reasons (profit taking, tax planning, portfolio mix/adjustment, another momentum trade etc)
Buyers only have ONE reason for buying (profit expectation!)
Higher volume = more sellers/buyers
Answer to a PM
Is it better to buy on dips or should I buy from the ASK and help my position go up?
For MRGE with periods of daily 1million avg day volume anything up to 25,000 buy OR sell during the trading day has no real impact on price.
Anything above 75,000 or even 100,000 buy/sell can have a significant impact. (Think a 75k ASK block all day and buyers thinking all day twice about buying or rather waiting for better prices)
In order to buy a position up to 100,000k in MRGE:
- USE limit orders
- split into 4 equal 25k buys
- spread it over 2 weeks time
- try to buy the first order on the ASK price
- set 2nd order on your BID price and wait for filled order / or adjust BID price higher
- Depending on your patience, time to observe the market and of course possible company news set your 3rd buy either just ASK buy or set your BID price order
- last order, make it count so buy on a dip in price or once price starts moving up buy the strength
- set one sell order maybe 10k shares @ 25-30% higher profit target good till cancel & turn computer off
- let the trade work
To build positions in MRGE of 1million shares or higher know that your buying OR selling can have big effect on MRGE price short term.
- use limit orders
- buy/sell using appropriate trade sizes ( don’t try to buy 1 million in one order, the price would rise too much and you end up getting bad deal/price execution! Same for selling, don’t try to sell 100k share block all at once it will push price lower hurting your est. sale proceeds)
- timing of buys & sells into strength/weakness in order to achieve Best Buy price on weakness AND best sale price into strength
- keep dry powder to support your position with a possible BID or ASK buy during weakness
- take a little off the table during price spikes because a dip is always coming and you can buy back lower
For Any positions 1million plus shares it helps to divide mentally and or in separate accounts into a CORE position and a TRADING position. It’s easy the CORE position you hold until DEATH and beyond lol, just hold it and let it work/grow. It will be over time your biggest profit (best after tax LTCG) and in many cases life changer! Think of AMZN & TSLA shares @ $10 and or the great long term story of BRK.
Many long timers here have share blocks in their core position with cost below $0.04 those are up some SERIOUS $$$
Your trading position you have to learn how to trade (if you have time) or else just set a low buy and when it fills set it at a higher sell price (and simply repeat!)
This should help the longterm MRGE investor who did his DD and benefitted of the great shared DD on this board.
There is of course the OTHER strategy of day/swing traders. They are mostly based on technical analysis of the chart and MOMENTUM. They love buying into strength pushing prices higher and then rush to exits at the same time when weakness sets in. Much more volatile and harder to execute but of course can be done.
MRGE has experienced MANY momentum trade events based on rumors of short term news events and or GROUPS buying into equity in volume. And so far the momentum always reversed BUT over time prices have risen! That’s the most important indicator, MRGE longterm price direction is strong UP
And one day soon there will be the 8k, the PR, the AMLO mention and I hope everybody got their tickets for the ride UP!
Good luck
Buy $14.01
Excellent observation and case in point today
Quote:
“Here's a wild notion.. Quit selling on these low volume days and watch the price go back up. Would you not rather be sitting at $.55 or higher when news hits than to be sitting at wherever we allow this to go?
Why can't we ever get out of our own way? “
Today constant little 10k, 15k BID whacks pushing price lower!
A LOW VOLUME day can be good AND it is OKAY to sit on your hands and take a break and DO NOT trade (buy or sell)
Next week there is a good chance you would get higher prices by simply posting sales on the ASK and wait for buyers to come to your price
Your picture shows 2 separate orders posted by 2 separate MM with funny/co-incidence similar size!
Could be one order broke into 2 separate orders routed through 2 separate MM or just one MM/seller front running or undercutting the other.
With a little buying pressure and this original 50k order from MM CSTI in the $0.39s eaten up .... the ASK is very thin and a quick jump into mid $0.40s is possible
Today’s trading action
Pro:
- held above yesterday’s low of $0.35
- close to 1 million share volume
Con:
- no strong bounce back
- closed below $0.40 and weak into the close
- no news (momentum dead)
Fingers crossed for a green close ABOVE $0.40 tomorrow to print a weekly black/positive candle
https://stockcharts.com/freecharts/gallery.html?MRGE
Just in time to make it harder & expensive to short with Higher capital requirements ALL it will achieve is to lock retail traders out from shorting and make it a big boyz club privilege. Just in time before markets are going to take a correction soon IMO
Unfortunately not at my computer BUT quick glance on mobile device looks like 2 waves to trigger AND keep prices lower instead of a quick renounce after first wave. First wave prob around 250k shares and 2nd one 350k +
MM mostly trigger the volume increase by moving the price to higher volume points!
For example, volume was low this morning no buyers wanted to pay $0.54
But as soon as the price was $0.30s / $0.40s there was plenty of willing buyers.
Of course sharp price drops trigger stop losses and or cause shareholder panic sells....
Yes, that’s correct
It has been a strong price rise without official news. Those are vulnerable to sharp pullbacks due to:
-loss of buying interest
-loss of momentum
-loss of volume
That will turn into
-more selling interest
-profit taking
-profit protection (stop loss etc)
Knowing these patterns certain MM take advantage of it. The BID support is weak with bigger drops possible, all it takes is the initial sell off (that everybody thinks is a fat finger stupid market sell) and voila the cascade begins and allows the MM to control price with surge in incoming buy/sell orders.
MM don’t care about price! They need volume!
Of course there is always manipulation as in somebody wants to accumulate at lower prices etc and sure it’s going on all the time too.
Today seemed more like a sophisticated sell off/ volume trigger event with multiple MM involved (still are) prices, bids and asks were quoted 4 digit deep that’s mostly automated AI MM programs not retail.
Long time MRGE shareholders have seen these patterns multiple times before and buying the dips & selling spikes works ;)
MM will always find the sweet spot/price to create volume/fees for them.
About 2hrs of trading and 1.75million share volume, excellent!
Long way back for a green close and sure seems MMs are NOT ready to let it bounce too quickly (like 1 cent jumps) BUT it’s early in the trading day yet ;)
Bought $0.37-$0.40
Playbook BID selling wave and then MM ASCM on the low BID trying to scoop up shares
Excellent price action with BIG volume confirmation!
Blew threw $0.40 & $0.45 resistance and stronger than I expected even broke resistance @ $0.49!
In addition
- cleared “round number $0.50” resistance multiple times
- absorbed multiple profit taking hits on BID side with follow up ASK buys
- constant buy volume and strong close
T/A remains very strong and volume suggests more to come IMO!
Maybe a little resistance @ $0.584 the BIG resistance $0.75 high from last December!
https://stockcharts.com/freecharts/gallery.html?MRGE
Looking forward to a successful nacktest of $0.50 support and a break higher on solid volume! At some point news has to confirm speculation / pre run here BUT with the right kind of news all bets are off and massive stock price jump $1++ in an blink of an eye, IMO
For all the long timers that are little overweight/overextended, NOW is the time to put a couple GTC sell orders in and rebalance ;)
Good luck & GO MRGE
You can always ask ANDY why he is the board pessimist! He called for $2 very soon
That’s just how we roll, LOL
- $5 is better than $1
- $5 with 2’shares you can buy 2 happy meals @ McDonalds
-$5 is the smallest denomination on planet UREC
-$5 (five dolla) rhymes with halla
Everybody needs some $5 cool aid, relax & enjoy the day! Have a couple shot of tequila & tacos!
YOLO as UREC might know
Keep on buying PipelineBreath69
17,511 @$0.39
19,178 @$0.39
12,311 @$0.39
17,589 @$0.39
Excellent, fasten your seatbelts
Nice buys PipelineBreath69
71,377 @ $0.39
15,741 @ $0.39
Somebody liquidated into BID this morning 70k block and now there is another one posted @ $0.39 for sale!
Either somebody trying to scalp $0.01 on 70k block buy & sale OR a Holder selling a 2nd 70k block.
https://www.secform4.com/insider-trading/1293310.htm
Nomis Bay 5,380,799 shares left after today’s filing
Don’t believe there is a “big hidden” short in MRGE. It’s too risky now, there is 1.) no exit sell volume for a big short to close his position as in notes hitting the market and 2.) Ward gets AMLO 2 thumbs up and any short is toast in a HUGE gap up.
Some smart traders might have shorted the spikes from overbought conditions once there was “no news” to substantiate price. BUT this is not an equity for a big short, simply not enough volume and the selling pressure from notes is in the past AND of course the big PR / 8k that’s coming closer with every day. IMO
Thank you! Missed last weeks $14s! Time to get started here, good luck
And I’m sorry for people on this board who have lost loved ones, family and close friends!
Most MMs moved offers well above $0.40s
$15.17 & $15.19
New position. Excellent informative board. Thank you for sharing your DD
Current short data report
https://otce.finra.org/otce/equityShortInterest
That’s 20,000 share, immaterial IMO
Just normal MM action trying to pick up on BID side and sell on ASK.
Not much volume today BUT also not much on L2! Prob ready to move up as MM want/need to find new volume sweet spot IMO
All I see is tug of war between strong BIDS and wild BID whackers/non-believers
TA looks clean and strong with 1million+ volume confirmation of this uptrend
Now livefree calling for sunshine and jackpot posting chirping birds ;)
Trifecta of happiness?
Andy, Ureconian Daily & jetfan singing ??
Anybody care to explain? Thank you
Correct. For example
Level 2 shows for MM OTCX
Bid 10k @ $0.30
Ask 10k @ $0.31
That’s all Level 2 would show you for one MM. If your order gets routed through or executed with MM OTCX then your order of 70k shares @ $0.35 for sale would NOT show.
You would have to lower your ASK to lowest, here below $0.31 for it to show up
If you set your well routed through MM OTCX 70k @ $0.305 it would now show as lowest ASK for MM OTCX on L2
But there are more in depth services L3 + that would allow you to see ALL the orders of the same MM even and those would see your order immediately.
Whales are back,
As there are plenty of eyes in this board and silent observers.
Momentum stalled, buying volume disappeared.... and voila MM INTL makes a comeback 100k @ $0.35
They don’t really want to sell otherwise the offers would not disappear on a strong opening. That size you only sell on the offer on strong up days in order to achieve max price.
L2 will show you each MM highest BID and lowest ASK (above min qty fir MRGE 2,500 at current price level)
https://www.google.com/search?q=level+2+screenshot&client=safari&hl=en-us&prmd=imsvn&source=lnms&tbm=isch&sa=X&ved=2ahUKEwi2hLafxKPvAhWcGVkFHYODA3EQ_AUoAXoECAsQAQ&biw=414&bih=715&dpr=2
The 50k blocks that were posted @ $0.35 level previous days is from memory and saved screen shots of mine.
If you only see best bid and lowest ask you might only see live streaming quotes real time. L2 is avail on your Plattform
Lol,
And there is our first 50k sale block back. Pushed right into the BID @ $0.337
Last days/weeks had multiple MM sitting with 50k sell orders @ $0.35. Notably MM INTL and MM GTSM .....
All those 50k blocks disappeared this morning from the for sale L2 raster ...
Ultimately, MRGE needs news! Official confirmation of contracts and financing & shovel in the ground! That would reestablish MRGE at a substantial higher market cap!
Little bid and ask whacks last minute decided HOD close vs mid price point close.
HOD close even on small last print makes MRGE ready to break out above MA (50) @ $0.326 and I agree with Jon next resistance should be $0.35 with MRGE prob starting a new higher range $0.35 - $0.40.
Last 3 trading days were very constructive on TA side with consistent BID support & ASK side buying.
The daily needs a little push towards $0.35 here to break resistance with follow through.
The weekly is a thing of beauty!
https://stockcharts.com/freecharts/gallery.html?MRGE
Congrats!
16,129 size bought @ $0.32
Awesome trade/profit ~ $161.29
OMG
Scalpers/MMs trying to make ~ $161.29 (before cost)
Block fills 16,129 shares @ $0.31 on BID side and immediate the EXACT 16,129 size pops up on the ASK @ $0.32....
Games games games lol
4th Quarter and Year-end 2020 Highlights:
• Net Income increased 71.3% in 4Q20 compared to 4Q19. In 4Q19, non-recurring computer conversion charges
reduced net income and distorted the year over year comparison. Net income for the year 2020 was up 22.0%
when compared to 2019.
• Net Revenue for 4Q20 grew 2.0% compared to 4Q19 and grew 4.2% year over year.
• Non-Interest Income for the quarter was up 15.6% compared to 4Q19 and up 7.1% for the year 2020.
• Average Loans increased 11.9% compared to 4Q19 and 10.6% for the year 2020.
• Average Deposits grew 36.0% compared to 4Q19 and 21.6% for the year.
• Average Non-Interest-Bearing Demand Deposits were up 47.8% compared to 4Q19 and 45.9% for 2020.
• Asset Quality remained strong with a 1.45% Allowance for Losses on Loans and Leases as a Percent of Total Loans at
December 31, 2020. A provision for loan losses of $645,000 was added during 2020 to support loan growth.
• Fully Diluted Earnings per Share for 2020 increased 19.9% to $1.41.
• Fully Diluted Book Value per Share was $14.30 at year-end, up 11.1% from December 31, 2019.
AB&T’s trend of growing net income and earnings per share continued throughout 2020 even in the face of the COVID-19
pandemic that emerged in February. Net Income for the year climbed 22.0% to $1.773 million and resulted in fully diluted
earnings per share of $1.41, up from $1.18 in 2019. This improvement in net income was accomplished even as the Bank
provided $645,000 to the Allowance for Losses on Loans and Leases during the year.
For 2020, Average Loans were up 10.6% compared to 2019 and Average Deposits grew 21.6%. In addition, Average NonInterest-Bearing Deposits grew 45.9% during the year which helped hold down funding costs. The growth in loans and
deposits was fueled by the Bank’s active participation in the Paycheck Protection Program (PPP) which was created by
Congress to mitigate the economic effects of the COVID-19 pandemic.
The Bank’s asset quality also remained strong, with Non-Performing Assets as a Percent of Total Assets standing at only
0.05% at year-end. The Bank’s Allowance for Losses on Loans and Leases as a Percent of Total Loans at year-end was 1.45%.
The Bank realized net recoveries of .03% of Total Loans during 2020.
The Bank also experienced growth in Capital during the year and ended 2020 with a Tier 1 Leverage Ratio of 7.85%, and a
Total Capital Ratio of 12.57%.
As of December 31, 2020, the Bank reported Fully Diluted Book Value per Share of $14.30.
Even though 2020 was a year like none other, AB&T continued on its path toward providing superior financial returns to
shareholders. The Bank was an active participant in PPP, producing more than $27 million in loans to help customers
weather the severe economic consequences of the pandemic. The Bank’s ability to efficiently and effectively implement
PPP is a testament to the ingenuity and capacity of our associates, who worked relentlessly to bring these benefits to bear.
Their efforts during these extraordinarily difficult times not only reflect the Bank’s commitment to operational excellence
but also to its clients and community.
Even as we continue to deal with uncertainty around the ongoing pandemic, all of our efforts remain focused on realizing
our vision of becoming the Gold Standard of community banking.
- tables deleted -
https://www.abtgold.com/home/fiFiles/static/documents/4Q20_Checkpoint.pdf