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hidden shenanigans in short swaps held by MMs and hedgies over 8000 POS penny stocks across the OTCM....covering after game stonk popped up...much more likely than retailers on the ask. the fact that we went right up to 1/2 and then back down BUT no heavy ask cap, plus I have very little confidence in angry retailers owning enough of the float they'd stack the ask that heavily. retailers want this to run so they'd keep the ask as light as possible.
I think game stonk announced great cash flow positive earnings. and manyh banks were failing (we later had a 320M SELL to 000001 which I'm sure was a bad guy in receivership being force-sold)
but on game stonk run up, they needed some covering IMO, so to avoid game stonk squeezing, they covered over a bunch of POS pennies they had some credit default swaps stored in.
I think GPL is more patient than heavy stacking the ask (not sure they CAN stack GTC with O/S)
I think that was a market maker (maybe virtu maybe CTSI maybe one of the little ones) absorbing that, then once we had 1/2 and got the situtation stable on greater markets shoved it right back down and they DID restack the ask...then they LOST 320M of that ask-stack. and now I think they are positioning for a run up.
I doubt few retailers sold enough. I am sure if that was a retailer getting out, they'd be on the floor saying "so glad I got out of this POS"
I think GPL now realizes they have a squeeze potential instead of just a "screw the retailers" machine. besides, with us at nobid, and the general meme stock situation about to blow....there would be no reason for GPL to continue to sell to ...000001 (?) and angry retailers wouldn't buy anyways. they are waiting now imo for mms, and hedgies to run this stock up for either temporary collateral proof or the greatest of all pump & dumps.
double sent,
editing to save the mods some time.
I think we're poised for some computer buying soon....LETS GO UBQU!
well well well
ok new converter R9 holdings (?) but only for 250,000 shares.
the debt in going concern went from 5.7M to 5.6M...still crap but honestly I expected it to widen.
2023 2 million in revenue so far (??) we useda do 4M in 2018 before the dark age of america, so maybe
maybe they DID dump 800M on us in that buy up? unsure yet and the OTCM won't bother being quick about updating anything.
again fundies don't matter, but my thesis continues.
1. ballas is just the dumb frontman for GPL.
2. GPL wants to dump shares on ...you , me, kenny in a squeeze...., so they file. the debt on UBQU is irrelevant to them. I think they are playing against the BIGGER criminals. "kenny" who have put shenanigans on their stock.
3 more months for UBQU to toodle along, and right now THEIR bigger criminals, are in big trouble. (of course when this is all over the dollar might be worth as much as monopoly money but ya gotta play the hands yer dealt!
heh. after writing my response to kid, UBQU's PPS went to 0001
well there ya go. but my original thesis remains. I don't need much more at 0001 any more, I like getting those 00005s.
also just knowing how the algos are today, it would not surprise me if we later get some minor minor poot to 000001, say....10% of the present volume....so maybe 6000 shares or so. .006 dollars....cuz....well computers gotta compute!
yep I did something very similar today too.
bid ask 000001 0001 900 sell and hard PPS lock at 000001 sailor take warning.
however, today right now, movie is moving up BUT in general, kenny is controlling prices.
of course we might see crazy volume agian for no reason in a few days, but today? the banks are back to in control, for now.
with all that being said, we can be patient, so could GPL ventures. nobody is thinking global banks are now solid and recovering. ISDA contracts expire in 6-9 more months and the rest of the world will allow the USA to borrow more trillions from the globe with no collateral?....the fact that serious major GDP countries are now abanding the dollar for yuan & BRIC tells me it is very doubtful US banks are going to be able to keep this borrow & short philosophy.
anyhoo, since I also got filled at 0001 "seq" I see little point in further buying for me. my average remains 0007 so I like to pick up market maker 00005s when they pull this shenanigans. imo, the hard PPS "Lockdown" tells me the algos are set to BEAR. ....for now.
however, 1.2B mostly buys, and what? a week and a half later? 500M with an unprecedented 320M sell to 000001...tells me we won't have to wait another month for interesting volumes on UBQU.
nice video.
the pros for us: he mentioned UBQU and he has 26,000 subscribers
the cons which are many
73 views so far
he is right, its for educational purposes only, most of these traders wouldn't touch a penny let alone a nobid.
back to the pros:
so why would this "trader expert" guy who is even saying to his peeps educ only (don't touch this) even mentioning it and calling for 0002, 0007, 0013 maybe even 0027?
especially since he isn't mentioning a single fundamental (of which we have none)
all because of technicals. we've received all this weird volume, movement because of no reason.
he noticed that......
in closing yeah this is bullish in my opinion, because either KENNY influenced this guy to start calling for a "pump"
or this guy just reinforced my thesis which is fundamentals aren't in the play any more, it's algos, run by MMs Hedgies and banks, which are deep in the merde world wide right now, and this supertrader guy is noticing the movement. of course we are going to need new fomo-ites (sadly some new fomoers are gonna get crushed in a P&D, but the folks whoare reading this probably bought at trip 1....) and at the moment it only has 73 views. so ...meh..even so if kenny wants fomo-ites, he'll hire some press to do his bidding, I believe.
stay frosty my fellow UBQU bulls. I think things are going to get really interesting in Meme brothers world...and imo, we're just the caboose on this rocket train to elon's mars.
only sales today1.35M shares for 1.35 dollars. 11:00 eastern
since then buys for 10K 25K yada yada maybe 250K 3 hours so far.....25 dollars at trip 1.
PPS stays "locked" at 000001 all those "buys" marked as "seq" whatever that means.
well the algorithms have spoken. they are BEARISH right now...nice to know how their programmers think right now (yeah if I was built by a big bank or hedge fund or MM, I'd be bearish on myself right now!)
SEC, OTC, all the "regulators and rules" about timely trades and accurate price discovery...
there here to protect UBQU the small company and Me the retailer ....lol sh'yeah right.
but not complaining. the end is soon I believe....for wall street that these alphabet agencies have been protecting.
kenny owns 8000 of these "pos penny stocks" and sadly I think UBQU doesn't "get pumped" until MJ legalization, in the mean time OTCBB stocks in...EV....biopharm...other sectors, well they will be P&Ded by kenny WHEN their sector pops or the time is right.
just like I think nothing of UBQU's fundamentals, I likewise now feel "fundamentals" on all these penny stocks really don't matter. its all about where the big time crime is, and when the criminals get busted (ISDA contracts running out, the rest of the world saying Screw the dollar, I'm out) that will be the catalyst that ends the crime party for the big boys, and the little boys in the OTC penny stocks might see squeezes.
oh when this thing collapses, we're going to see another 50% pain. well not a big deal if you've been holding meme stocks and saving cash to buy more. heck as a penny trader I bet we've all been holding through 90% drops...what's another 50% oafter 90% ...5% hehe
and then, a few days later.....our memes and pennies explode. the only thing these POS penny stocks have to do now is stay out of expert markets
speakimng of a few days. we got 1.35M sells to 000001. I bought a tiny bit for a dollar...took the trades an HOUR to register it and we have a bid .0001 ask .0001 and the PPS is STAYING at .000001.
and I got filled at .0001
sailor take warning! ok not buying any more today.
BUT....as I mentioned movie is mooning. algos are swooning, and so monday might be EXCITING for UBQU....always takes a few trading days after the major markets and banks take massive hits before it registers here in little ol UBQU.
and the other pennies
first 4 buys of the day.
65K 6.50 dollars
500K 50 bucks, a retailer? dunno they tend to buy the cool millie for a hundo
and two 999,999s
I used to be with schwab. schwab wouldn't let me buy any stock, penny or not, for 1M shares or more.
...maybe schwab's algos are doing the same thing as schwab buys....guess we'll see.....
ask staying low ...for now...algos tend to stack mid day
movie is on a moon mission. same thing on UBQU run day after game had its moon mission.
and lastly, black rock reported today to sell 140 BILLION dollars worth of "failed bank equities"
....stay tuned for more significant chunks of UBQU to sell to mr. cordele Griffin at 000001 like yesterday?
well if it is because of smaller banks failing and black rock liquidating them. eh, buhbye bad guys. as I said yesterday, if Mr. griffen starts to corner this POS penny stock, he MIGHT (only a fantasy speculation) get one of his goons at motley stool to write a rakuten puff piece and he makes billions on one of those WTF?? P&Ds.
and GPL makes tens to hundreds of millions....and retailers who are down here already will make millions.
hopefully our brokers don't 'glitch' 'take away the sell button' or....just throw up their hands and say we're bankrupt...sorry retailers.
Every time wall street or the folks I call the "bad guys" are looking to take a huge hit and the retailers look to be making huge money, expect tech glitches.
that's why I was a little emboldened even when UBQU sold 320M shares. tech glitches everywhere
one of their many arrows in the quivver of steal from retail.
the problem the bad guys have, imo is the same problem they have every time in history one group has stole from another.
next time there's nothing left to take.
they kicked the can over the cliff, and instead of just mourning the loss of the can, they've jumped off the cliff to keep kicking it on the fall down.
I'm liking being in stocks now that tend to rise when the bad guys start to collapse.
all otcm they claim is 15 minutes behind....lol in UBQU's case it can be an HOUR behind.
later after the sells, about 1,940,000 buys came in....market maker "evening" out the trade in the name of liquidity? dunno. maybe it's a retailer buying 101.60 ...doubt it.
also, if this had an "algo SELL" bias? we wouldn't have had a bid 00005 and ask 0001 AND once those 320M came down? oh we'd be SO HARD locked PPS at 000001 regardless of buys. this furthers my belief that whoever got those shares dumped, did not NECESSARILY want to dump. I think some entity got in receivership and was forced to liquidate their UBQU assets (I'm sure amongst many other assets) and the computer grabbed it and sold to the bid.
you have seen 320M+ sell to 000001 on many pinks? I'll admit , I don't do a lot of pinks and nobids, I think it might happen as they die in expert markets...but I get the feeling being moved to expert is not int he near future for UBQU.
it's also FINANCIALS earning season. folks I listen to said the SEC told credit suisse to wait a few days before announcing as they cleaned up SVB and the other banks failing.
my guess is there's going to be a LOT of cooked bank books in the near future....ain't gonna save them tho imo.
also there are "family hedge funds" ..hedgies run by a single family and are IMMUNE to OVERSIGHT. gary gensler laundered 150m dollars this way once he became SEC chair.
so like archegos....when THEY pop, not even wall street gets the indication until things start heading dowwwwnnnn
easily I can envision some hedgie back in the jerome powell blew money into the markets in 2021 days....some hedgie bought 32,000 dollars of UBQU and now...they got in receivership.
also GTSM maybe is taiwanese.....maybe they sold.foreign investors are quitting US markets in real time. coulda been a foreign institute just eating it and bugging out for the great collapse of the dollar.
yep. someone sold.
ballas? well he's just an employee of the GPL 'crime' ring.
GPL? as I mention in other posts, why?
I think it coulda been one of the FOUR big time institutions that is shaky and was finally FORCED to close out their position to a MARKET maker to buy it.
who are the two biggest market makers?
citadel (actually I HOPE SO kenny starts OWNING like 10B shares of this he paid 10,000 DOLLARS for, he might decide to drop some dumb fake news and pump it himself!
and go dougie seafood go's (dougie seafood, the "liquidity fairy")
virtu
my guess is.....some place we haven't even heard of or....schwab? td ameritrade?
interactive brokers? stay tuned!
OTCM back up
no news no change. pink as a peep.
my computers slowed down. what DID happen? I know this is not DIRECTLY about UBQU ...but literally BILLIONS were spent STRADDLING (puts and calls) on the 10 dollar strike option on ....
movie stonk.
lawsuit if judge signs is dropped then movie gets tot he business of "good dilution" and an r/s with potential to generate up to 1-2 billion dollars, which could cause....a squeeze...maybe not a MOASS....
but seriously, why spend billions to protect a 10 dollar zone on a stock at 4 dollars? anyhoo it kind of glitched the markets. so it doesn't surprise me OTCM got glitched and we're seeing VERY VERY unusual activity on our little nobid pos mj CBD oil stock.....
all kinds fo crazy coming, and soon I'm thinking.
but also the ask is about 260M now....about....320+ million LESS than it was before.
so somebody who COULD....took their ask OFF and just sold to mr. kenneth cordele griffen of citadel 320 M shares for 320 dollars.
now It COULD be GPL (aka ballas whatever) ...but nah I sincerely doubt it, no reason they'd burn 320M of the O/S for 320 dollars. not even sure ballas CAN dump to 000001...that is JUST for market makers! they've proven they are willing to WAIT on those 21B shares and just let the debt on UBQU increase but filing to stay current....so no reason to desper-sell for 320 measly bux.
or it could be whoever fat fingers the OTC marking those buys as sells....
or it could be what I'm thinking it is....family funds (hedge funds with NO regulations), smaller MMs, or these banks, one of them had 320M and they've been trying to sell it for some time and poof...sorry charlie yer out of time here let me use the computer algos to liquidate that for ya.
today has not been fun for those banks they are not telling you will fail in 2-3 more months and the collapse of the US dollar... memes....like UBQU ....aren't doing too badly today...
guess we'll see what happens to the ask soon.
otcmarkets.com isn't responding either.
... wouldn't be the first time a big fund (coff JP morgan coff) marked buys as sells or vice versa.
first time in ever I've seen ubqu sell 320M to 000001 EVER...and first time to have my brokerage NOT drop the PPS to a hard .000001 ...
well tech glitches are many shenanigans in the bad guys' arsenals
320M ...all sells in 88,888,888 packets.
"prepare for an increase of volume?"
more likely deutsche, UBS, some USA family hedge funds or SCHWAB is getting ready to go bye bye in a few days.
I doubt GPL would blow 320M shares for 320 dollars. also no need to sell it all computer style in 88,888,888 bursts.
I said a lot of things back in the day when I was younger and un-wiser, and the smokescreens did a lil to dox me.
so lets go with yeah, I did work for OSHA a while back!
not a fan of nixon, guy put us on fiat currency which will lead tot he eventual collapse of wall street today...and the eventual squeeze of UBQU?
yer cool man. hey my next music suggestion for this UBQU site is "buy and hold" from KC shaw!
we just have to wait for the bad guys to take their next stumble.
well, the fact that the dollar is now no longer the global reserve currency and effectively the USA just became a 3rd world country financially?....I think we have a pretty good chance for the thieves in Chicago, New York and Washington to take a mightly stumble.
Rather be in UBQU than FAANG right now.
Stone Birdy?
I have?
no clue?
what you are talkin bout?
9000 share poot to 000001 for no reason
(oh btw we had another filing RELEASED 3/28 it was just further boilerplate saying UBQU has no 5% or larger holders being investigated etc and cheung is a lawyer in good standing)
so I bought a tiny bit, well before 4PM closing....well before....and lo and behold....it filled for full 0001 and the PPS stayed at 000001
broker gave me some synthies? who knows? glitch cuz we're a POS stock?....alledgedly supposedly
but one thing I do know. that 9000 poot to 000001 to give kenny what? 9/10ths of a penny? it happened just as the movie and game stonks were all algo "take 'em down"
just saying. when I saw I filled at 0001 didn't get the MM discount of 00005 and the PPS was still all petty and petulant? (when the algos want to they'll change the PPS so I don't even buy the "glitch" argument
it was sailor take warning for me so no more buys.
but hey....thing is the lawsuit against movie might disappear soon and the volume was SUPER LOW ....push down on super low volume is a bullish sign.
so wait for tomorrow. today ddidn't mean a thing for UBQU except Cheung's filing says one thing.
GPL ventures ain't leaving kenny, sooner or later you are going to have to do SOMETHING with those 15B UBQU shares I think you and your MM/hedgie/schwabbie folks are holding and have stuffed fulla shenanigans.
the wall street guys who pushed down 8000 OTC stocks, UBQU included, and the bigger memes are ALWAYS scared they are going to run one day....
so I tend to agree with you.
and I don't think we'll even have to wait 3 months for the next surprise pop to the bad guys.
remember, now multi billion dollar banks both domestic and international have a much worse YTD than ubqu! lol.
more banks who will fail worse than UBQU to come...imo.
one 450K buy (maybe a retailer??) doubt it and then a few of 2000-3800 share buys.
day is still young, but at this moment the big memes are being "held" down, so the algo is definitely playing "do not run it or let it run"
banks are green today, which is like saying when you drive signature from 138 dollars to 13 cents and its now 26 cents (a 100% gain) yeah they are at present trying to play band aid worked move on move on.
but....ISDA contracts run out on phase 6 in 9-12 months.
so we'll see a lot of ho hum on UBQU imo until .one to two days AFTER..either one or the other or both of the following happen:
1. movie or game runs up (again)
2. another major manipulator from wall street crashes and doesn't get bailed out, (or gets a band aid) OR a Broker or Market maker fails and gets margin called. sorry guys my bets are on schwab, Interactive and TD ameriturd.
until then, with UBQU my plan is to watch the trades, and every time after millions of shares bought by retailers, we see some MM do some lame 100 share sell to 000001 ....well, I'll try to buy 25K-150K trying to capture some MM 00005s
also check the bid and ask on trades. sometimes you'll see 00005 0001 sometimes you'll see 0001 0001 (?) sometimes you'll see 000001 0001.
and all the buys sells and ?? are listed as black.
if the colors show up and I get the 00005s ...those days are better imo.
if its all black....yep its MMs just doing their algo thing.
if I do a poot buy it fills at 0001 and the PPS stays down at 000001 until the next day? that's sailor take warning and I'm done for the day.
at this time I only typically never buy more than 10 dollars and none definitely in the last hour.
shenanigans on UBQU far from over imo, and this is one of the places the bad guys goes to "hide" the covering or use as collateral pumps, imo. which imo is good for me, a retailer, buying down here.
tda is owned by schwab, which is one of the closest partners w citadel trying in the past to put options on the crypto chain etc. Also schwab owns interactive brokers. also note in this last slip with Credit Sus and UBS vomiting along with silicorn valley, schwab took a big hit. the only broker I know to do so.
sadly that means when the collapse happens, imo the first brokers to go will be schwab TD and IB. my guess the buy button is going to turn off for a lot of meme stocks, and UBQU probably one of them.
sounds grim for UBQU longs I know, but one thing I also know from observing the collapse for the bad guys? chaos is a friends of the retailers at this point.
also the fact that TD, IB, and schwab are very very sus on memes including UBQU tells me to have confidence that UBQU is one of their playthings stuffed with their shenanigans.
Ballas doesn't run UBQU imo. GPL does. Ballas is now CEO of most of the tickers that GPL got SEC-slapped for naked shorting. Ballas is a pawn.
Imo, Ballas is silent because PRs are no longer for the haters. they aren't buying anyways. GPL has a few brain cells regardless of their immorality.
but GPL also knows the buying is coming from the criminals above them.
we'll get a PR from either newswire when GPL thinks they'll get retailer buyers, OR from some rag owned by kenny when the MMs need a collateral pump and want this thing to run. then they won't stop buying when the 1s are gone and cap it. they'll make it look like RETAILERS are in and try to get buying in (to rug pull later)
either way, there will be buying. either way, for now, there will be dumping. imo best average to have is trip 1 or less.
my plan should UBQU moon, or even rip, and it looks like the financial collapse is upon us.
and this applies to all brokers.
I'm going to take the cash and quickly buy Tesla or a stable ETF, like U*S*M*V* and will get vanguard brokerage open, for a future transfer.
why not hold it in cash?
because say your broker pulls a robin hood or a voyager crypto and says sorry guys, we're bk, we can't honor your cash....or you have to wait.
instead you have better risk if you have Tesla or an ETF. because possibly they gave you a synthetic (doubtful) or your have the shares
then I plan after the dust settles to transfer that to vanguard.
why vanguard? because I'm gambling that if the collapse is huge, vanguard, the biggest broker, for regular peeps like you and me, might still be standing.
then I'll transfer the shares to vanguard. it will be harder for a collapsing broker to not LOCATE the shares they claimed to sell you. and shares of tesla and a stable ETF are naked shorted much much less rarely. (tesla has maybe 1000 fails-to-deliver a day when it has any)
of course in a collapse tesla might even go down 20%, even a stable etf might go down 10%
but imo its much better than holding cash in a suspect broker, and waiting for a T+2 settlement to hope to transfer.
yup the chair of interactive brokers Pedofee recently was on TV and he had this face saying "I worry....about....the holders...of meme...stocks...they will lose...all their money"
I'm not an expert body language reader, but it was clear that both pedofee was ingenuine and scared as heck. eyes down, broken speech..
I am pretty confident interactive brokers may fail before robin hood does. but I wouldn't touch either any more nor anything connected to schwab with a 1 dollar pole.
I use robin hood only to bring up charts fast. that's it.
for the last two days, no market maker 00005s
every time there is buying, it fills sloooow and fills at 0001
then the MM poots maybe 398 shares today and PPS lockdown at 000001
also
fascinating. and yeah it reinforces my theory that UBQU is a single part of the larger set of the entire OTC.
even though I no longer hold any other sub pennies (I hold some memes that were HIGHER than a dollar and now penny stocks lol) but even this comment lends strength to the theory.
these other stocks I mention, one of them being the biggest mining operation in the lower 48 states, presently is trading at 38 cents. the thesis is that the goal of the hedge funds is to pump the stocks they are long on, and short the "memes" predatorily sub dollar, then sub penny, THEN to nobid.
it isn't that UBQU alone is kenny's potential play thing, this stuff is all over the OTC.
sure even if I'm right, big deal if credit suisse or game stonk covering cost hedge funds 80,000 dollars 2 days ago. but multiply it by 7000 pos pennies? that's 560 billion dollars one could potentially cover and game stonk wouldn't even move up. of course a lot of eyebrows would be raised if 7000 otc stocks ran identically ....so they tend to "rotate" which stock gets pumped and even I am hyperbolic claiming that 7000 stocks hold similar swaps of shenanigans equally.
but you telling me your penny stocks are super low volume, and the ones I check in on once in a while are doing ....same low volume or WORSE than UBQU...tells me the rot is in the entire OTC.
I continue to be confident that regardless of the garbage fundamentals on ANY pos penny in the oTC....if it has a culture of staying pink, and it has real revenue and real business, the lenders who now "own" that penny company are sitting there on their own "squeeze" play as now wall street is bear trapped in them...UBQU just happens to be the only one I hold and the rest of my liquid cash is more interested in the bigger memes right now.
I agree. especially on ones that actually have a product sales and at this point, a 'smaller' toxic convertible lender, with a past history of unfriendliness with the SEC and OTC.
so far volume on UBQU is zero. it's a friday but unusual.
my best hopeful guess is the shenanigans earlier this week has been "handled" by the market makers, the retailers are on break so the mms don't need to do anything for 'liquidity'. likewise, on the bigger markets today is just a typical manipulation day. banks aren't doing great but they aren't crashing. memes are being handled. same with gold and silver. so no need to add or subtract any shenanigans on UBQU.
my biggest worry is that the shenanigans earlier this week WAS a closeout and now we just are waiting for an UBQU black swan....GPL "settled" with wall street and next stop expert.
like I said my confidence is not huge.
well I mention UBQU because its just the one pos penny I hold.
the larger story is that there are now 10,000 penny stocks in the oTC, before the purge of pinkdom in 2020-2021, there were 8000 more.
they said they can't short penny stocks. millions don't believe that any more.
so what they did was for all the pos pennies and some healthy companies too (sears blockbuster, toys r us to name three) was get the toxic lenders in. then the convertibles get shorted in and the loans 'forgiven" at 50% of the crash. retailers panicked in past, sold, so the convertibles didn't equal the debt, forcing the company to go back to repeat with more toxic shares or die.
wall street used this as a way to both clean up market making (nobid is their favorite, with 100x on the 000001 and the 0001)
naked shorting to be the liquidity fairy (who is ever going to clean up this mess down here?)
and eventually get them moved to expert. notice, not delisted, then you might have to clean up the share structure. then they can sit there with no covering, no taxes paid, no closing of the positions. throw in uniswap, and later you can hide OTHER shorts in your POS pennies.
so UBQU imo is a tiny subset of the bigger situation. wouldn't surprise me if other nobids did that weird thing yesterday but I don't know.
so my "confidence" isn't in a pos penny stock, its more in my confidence that the financial system is so messed up, that the place to be is in companies that have a product, so the bad guys have at least some lame excuse should they do a collateral pump and fake PR,
and might have toxic lenders now who realize they might have a squeeze play on their own hands. UBQU filed and the filing was horrendous. a "normal" company GPL just wanted to let go would have just let it go expert. that's the only confidence I have in UBQU....and I'll admit, it's not like crazy high confidence.
but that the collapse of the global economy is going to happen and all these beaten down "meme" stocks will get paid? I'm pretty confident in that. Credit suisse is a 150 year old company. many other big big names are going to follow.
gltu also sir! it is still true from before 2021, if your company isn't going to 0, buy and hold is a decent philosopy.
now I actually think many multi billion and a few trillion dollar leveraged risk companies might go to 0 before UBQU does....
yup. My bet is on UBS and CS continuing to spiral first
UBS was "suggested" to bail out cred S offered 1B ....2B...3.2B
then natl swiss bank stepped in and said they'd back UBS
why because they all looked under the hood of CS and UBS and said UBS can't even PRETEND to bail out CS, it would be like catching a falling piano.
and every one of these banks using options (derivitives) have quadrillions, yes, quadrillions in play. 17 times the GDP of earth.
so we saw a band aid...at best.
in 6-9 months ISDA rules phase 6 step in, where the rest of the globe when the USA banks (and hedge funds) come for loans in their set up foreign branches, the hope is the other countries, which USA hedge funds have ripped off, say "no way"
no new "fake" collateral loans, no new strength to keep shorting real valuable companies and predatorily short. brokers, banks, hedge funds. two aren't going to take the pipe to save one. brokers will either recall their synthetic shares once the 100% cost to borrow won't work, or banks will margin call the hedge funds wanting the money they lent to them back, or hedge funds that can cover and survive, will cover and during the collapse buy up the destroyed for pennies on the dollar. doesn't matter much to me as long as there is chaos for the three.
so I'm going with the collapse fo the swiss economy before deutsche bank. and in the USA....well I WANT JP morgan chase to be first....but I'm thinking you'll start to see midwest smaller banking chains collapse....wells fargo? 5/3rd bank?
the bailouts also will get fewer too. too many upset americans watching the bailout happen without even approval from congress.
other black swans for the bad guys are tiktok maybe being banned (susquehanna is long on tiktok) gold and silver squeezing , and movie stock possibly being cash flow positive next earnings.
all this maybe congress needs a win, so they move to legalize MJ.
I am hoping that this white swan for UBQU even tho UBQU isn't THC capable, will allow the market makerss who I believe hold 50% or more of the float to see this as their opportunity to turn this "real" company into a collateral pump, along with the hundreds of other penny MJ companies I'm sure they hold.
I agree. but I think we'll have to wait until another bank fails or another meme gets "out of control" for the bad guys. probably not on a lazy friday...BUT today the markets are hard red, and the same banks that got torpedoes in the "banking crisis" aren't looking so hot.
the media says "swiss nation covers Credit suisse, SVB 100% bailed out crisis averted move on"....
nope....the fun is just begun for those folks betting on the meme stonks, of which I consider UBQU a mini meme....
yes, if it was hedge/bank/brokers forced to do it via computers. reason? 500K buys every 10 seconds like clockwork all day.
no, if it was GPL making some "deal" with some other humanoid. that woulda been a chunk buy. or something written up in a PR.
another catalyst to let UBQU repeat that buying out of nowhere could also be RC himself.
game made 48 million profit last earnings.
no debt.
what to do with that 48 million?
offer up a dividend further screwing the shorts?
capital purchases...acquisitions (maybe UBQU?? oh even though I know that isn't going to happen wouldn't that be a hoot)
but of course RC ain't gonna drop his next BOMB until its HIS time, not on retailers time, and in the mean time shorters gotta short.
so just because 1B in shenanigans bled out and it coulda been shorts on game stonk, doesn't mean if game stonk rips again, they are in the clear here down in UBQU.
and my guess GPL knows this....
I guess my biggest disagreement with the negative feel about UBQU is this.
those still upset at the corporation and ceo feel that as retailers they are screwed so they aren't going to buy more, and that the company and ceo exists SOLELY to screw bagholding retailers.
which is fine. I wouldn't advise buying or selling now. and so this thesis states distrust UBQU insiders and do not buy. therefore it can never move up because retailers are disgusted with UBQU.
my thesis is this, the ceo is a minor employee of GPL which was corrupt and a petty grifter before, but now realizes it can make a heck of a lot more on the GLOBAL CRIMINALS that truly put this stock into nobid and tried to move it and every OTC penny stock that didn't file to expert in 2020. the buying won't come from disgruntled emotional human retailers, but they believe the buying will come from the wall street three: brokers, banks, and hedge funds (Market makers). I believe they filed for an R/S they filed for a symbol and cusip change....and the OTC (baby SEC) is just saying 'no' because wall street owns the OTC (baby SEC)
but soon it all falls apart, and GPL can be patient.
me personally, after selling around 3M yesterday, I am back to on occasion doing a tiny buy, 10K-50K and today guess what? not getting any MM 00005s...so I'm stopping. I'm filled at 0001 but the PPS moving back to 0001? nope. why? because as kid hinted, where 50% of his funds wouldn't buy in. UBQU's share structure and the reporters on teh PPS are messed up beyond all recognition.
that's why I 99.9999% do NOT believe that anything truly representing fundamentals, market fairness and supply and demand and price transparency is happening on UBQU.
I definitely expect more catalysts like 1B+ volume happening again....and sooner than 3 months.
yep slow day returns. which strengthens my thesis not the thesis of fundamentals.
before I begin, note important things:
A. that buying was NOT retailers.
B. there was no news, no PR no catalyst, no NOTHING for MONTHS.
c. two important things happened. game stonk turned from eventual BK when its cash flow hit 0, to having NO DEBT and positive cash flow, making it a serious threat to the shorters of 25% of its float (legally) AND the first major collapse of USA and global banking institutions, that made it to the ears of main street.
my thesis of what happened yesterday causing the buying is one and or the other thing:
1. short swaps hidden in UBQU by "kenny" (brokers banks hedge funds) on game stock especially after game stock went from no-brain short losing money to no debt MAKING money, time to get out if you can!
2. credit suisse, 1B bailout? no? 2B bailout? ended up 3.2 billion bailout by UBS, but then not UBS but the swiss NATION because they looked under credit suisses hood and if UBS bailed them out UBS collapses in DAYS. it's all time buying and not much imo. so all these insittutions probably had "small" positions or swaps in general in the nobids, and they both covered AND dumped a 144M long position to 000001, clear out what won't be noticeable here in 8000 nobids in the OTC.
now, as for 1B movement but a lockdown of another 500M ont eh ask, yeah that COULD be GPL. I noticed no slams at ballast on this exchange. which honestly, is neutral. ballas is a pawn. GPL is the little corrupt wild west outlaw. and "kenny" we find out the federal marshalls are corrupt as hell and actually INFLUENCE the little outlaws. Ballas is a punk gunslinger who got lucky one day back in 2017 and shot jesse james or something.
and yeah I said yesterday stay tuned, I bet that ask was GPL waiting, so 700M I think will add from O/S to A/S. but I don't think UBQU got "new funding" I think those buyers were the bad guys above.
I think the majority of that 500M on the ask if GPL before, GPL now. but why not another 700M? why not 1B+? after all no retailers are buying.
probably because it's a mix of GPL (i could be wrong and GPL wasn't READY for this one and the ask is all kenny "controlling the stock"
why isn't the ask 2 million? after all retailers would buy IN right ? and we'd all go to 0010 and we'd all get rich.
because this has nothing to do any more with 2017 thinking, folks.
fundamentals still mean nothing. I'll give to the folks who hate the stock and hate ballas that YEAH, this is a crime ring (never thought ballas was a saint but it drove my haters crazy so heh)
but it's more like this in my opinion: 2017 was a bull market , nobody knew how corrupt and how deep wall street was, people were buying the idea you couldn't short and manipulate OTC stocks, only their corrupt CEOs could do that! and yeah GPL was doing its illegal toxic convertible bonds and dumping on us.
now, so many pennies at nobid, nretailers are NOT buying, and GPL realizes I think a LOT more buying now will happen when the system COLLAPSES than from retailers. that's why no PR for months, why they fired useless priya, why nthere's no PR so far on this ?? volume and I am unsure there will be.
I guess the only disagreement I have now with recent grumblings about UBQU's mismanagement and the cynicism of how were back to screwing US is that at this point nobid we're not screwed any more. GPL wants this stock to RUN, but still wants to capture SOME trip 1s (actually I am unsure if it's all GPL, It could be Kenny, I doubt it's a lot of cyncial retailers. Heck I put 3M up yesterday and got filled. If I wanted out I coulda got fully out yesterday. and based ont he chat here, I don't think ANYBODY got out.
but imo if ou want out, I think the next similar action is coming.
reason today is back to "normal" is not cynical "bad UBQU management' its because TODAY wall street is BULL TRAPPING by raising indices again on the idea of "Credit suisse bailed out, nothing to see here, crisis averted"
and yeah we might have weeks to months of more 20M volume PPS SUPRESSION to 000001 even though we only had one 21,000 sell to 000001 today....but if anybody reading this thinks we are DONE having global hyperinflation or see even BIGGER collapsation of Banks, hedge funds, and maybe even some Brokers (not financial advice, but I'm completely out of "broker aps") well then yeah, UBQU would be a terrible buy and not placing their entire stack on the ask would kind of make sense after the recent evidence, no?
"i'd rather let my stock go to zero than let the hedge funds (ballas) win..." a common statement made on more than UBQU stock.
which is a poor statement imo, it isn't wise to dis on a stock you hold imo.
if your stock goes to 0, those who shorted it have WON.
anyhoo, I expect another event like this. when? maybe when MOVIE stock earnings are eventually cash flow positive? when CS FINALLY collapses or UBS or the swiss economy, or the next big USA bank? me personally I'm rooting for a JP morgan chase collapse.
up to you guys if you take a little, a lot off the table or wait for the eventual "correction" by wall street...and then complain about UBQU's bad fundamentals.
for those who are wondering where I'm getting the idea that the MOASS is coming (and if UBQU is a place where they hold swaps one might want to be a holder of UBQU
it's coming from this guy
the reason I am 99.9999 percent sure it was mostly algos folks is hit "trades" on this forum....it tracks the UBQU trades.
every 10 seconds like clockwork, 500K buys.
it was done by computers.
agreed. sadly I didn't see the ask size. it was clear whoever wants UBQU to stay down here didn't want anybody buying into the 2s. even though we had buying past the 770M ask machines made sure those buys were trip 1.
it's going to be a tug of war between GPL (the seller), failing institutes covering short swaps, failing institutes just being liquidated dumping to kenny for 000001, AND retailers depending on how much money and judging whether the algo is right.
keep your eye out for ANY PR. from the lamest ballas introducing gummies for frogs in 23 years from now to some mini cramer, sharpening his favorite crayon to scribble out at kenny's demand: "Is UBQU a Buy? 1B volume might say so, speculation speculation speculation! James A Ballas is a "world strider' as he is now the ceo of 4 small microcap companies. are acquisitions and mergers in the air? cramerclones say buy buy buy,
the second will be more fomo-inducing than the former. well if thecramer goblins say buy at thsi point any smart retailer would stay away but i am being hyperbolic....
but kenny will need to prime the pump to get retailers to even bite at the trip 2 after a Pump article from seeking alphalfa or motley stool. so yeah we might see the algos move us to trip 2 and eventually kenny might get the retailer fomo he needs....of course if that happens, I'll take more than 3M off the table at 0003 or 0004. so will a lot of the retailers who bought at trip 1 or sub trip 1 this time around.
well the ask was 700M...it GREW to about 770M mid day which is typical for the algo....mid day less human action, so stack the ask to discourage any "stealth buys" from retailers or a mid day PR out of nowhere (not saying UBQU would have that, but the algos are programmed in general for all stocks)
then wham....873M buys.
my GUESS is retailers, non computers who sold today totaled....150M shares, maximum.
interesting, I missed it all. put my 3M in AFTER the 1/2 but by then back at nobid with 31M on the ask. then I got filled and then it bloated to 550M after powell talk.
some of it was retailers I'm sure upset thinking this was their last chance out and missed it. others are professionals who probably think like I do we might get similar volume all week, or we might have to wait until the NEXT time wall street loses control.
My guess is today, 80,000 dollars of "shenanigans" was covered because of the game stock surprise run up and now serious threat to short sellers, and GPL captured most of it with dilution.
I bet a lot of retailers got caught flat footed to be honest. but this WILL cause some interest on UBQU in the coming days. not sure the biggest retail whales WANT out at trip 1. I would have sold more than 3M...but still by no means anywhere near all.
this will motivate GPL to try to get retailer fomo, or more buying so we'll stand by for PRs out of nowhere, even though Priya is gone. This will motivate wall street to either try to pump this stock for temporary collateral but most likely keep it down here, hopefully there are more shenanigan swaps on other stocks hidden here.
it will motivate big MMs like CDEL to sit on the 000001 bid and capture every last "little" 100M-500M holding the banks and hedgies which are dropping like flies now....credit suisse, UBS, deutsch bank, SVB, silvergate, oh the list is in the hundreds now.....so many little tiny hedge funds who easily could have dropped 10,000 dollars on UBQU in speculation in 2021 which now are closing their doors and would sell 100M to 000001 to take a 9,900 dollar bath. for us, that is huge, for them, oh when even a small hedge fund gives up, they are losing multiple millions.
as a retailer, I'm still quite optimistic, as Credit suisse loses 70% of its value, I'm happy to know UBQU really can't drop any more. sure 000001 is a kenny only zone, but even kenny wants this stock to run up once HE loads up at a dollar a million.
at 000001, kenny could buy 50B for 50,000 dollars. (!). that's why I'm pretty sure MMs and those that CAN trade UBQU to 000001 own 80% of the O/S. and why for a short time in 2019 even retailers were allowed to disgust-sell to 000001.
even if UBQU continues to stay a giant POS with ballas being its garbage CEO and no fundamental improvement? if kenny owned 30B shares of it at 30,000 dollars.... I think he'd use his talents at market manip er MOVEMENT to make UBQU run.
so before powell spokle, I think the meme algos were on BUY,.
we saw 1B+ volume and a bit of 1/2.
then powell hammered in the .25%, and acted like bank bailout? why what a surprise that was! yeah sh'yeah right.
and then the algos on the russell 2000 and all but game stock (because they haven't controlled it yet and its now a fundamental powerhouse) got turned to SELL. there was a bull trap on the S&P and then kenny started leading the indices down and up and down.
and we're back at nobid, a 1500 sell to 000001 and a PPS lock for the day even though we had buying after that, and 533M on the trip 1 ask again.
what could this perhaps mean?
1. so far my theory on UBQU being hooked to the big algos holds. some retailers bought today, but nowhere near 800M. either the algos let off some short steam, or they really were prepared to buy if powell said 0% or even quantitative easing.
2. if this was GPL shenanigans, we might see some PR out of the blue tomorrow on newswire. ...from ballas. it won't mean anything, just a test to see if some retailers fomo into that 533M new ask. I doubt it.
3. if this was market makers covering some pain from the banks collapsing, wait a week to a few months. this fun shall repeat itself. regardless, I believe no retailers freaked out today and slammed another 50,000 dollars worth on the ask with this run up. It;'s the algos. heck, 'kenny' picked up 144M for 000001......Mms love this kind of nobid spread. kenny if he puts it on the ask and sells it at trip 1,turns 144 dollars into 14,400. even in pos land, that's nice money for kenny. that's why they love it here at nobid. of course some other mm or hedge fund had to dump it, but hey, after retailers, wall street looks to steal from each other second most.
4. possible some of that original 700M ask was GPL ....so if next fin we see around 700M-1B+ converted you'll know who it was. I'm guessing some was there.
well if GPL got some money regardless of whether it won't affect UBQU'S fundamentals one bit. it means GPL will be looking for another "surprise" algo buy in. this is a great indication to me, that sure, there was probably 100M fomo from retailers today...maybe....maybe....but once we exit this horrendous market crash and actually go bullish, or we get another game stock event like...movie stock going cash flow positive off of a branded credit card, popcorn sales and surprise box office and the soon stock conversion there...we could repeat this interesting little day.
I did sell about 3M today for about 300 dollars. and after they hard locked our nobid I bought 3 dollars of trip 1s. even ending with the PPS at 000001....this was a good day for UBQU.
and it didn't have one thing to do with ballas fundamentals PRs or the MJ sector.