Rumblin and Bumblin to profits!
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LOL CDEL is having to move up to cover...good!
LOL and people think I am making unwarranted statements on MM shorting. ALL day CDEL was on the offer and now flips to the Bid side to cover. They probably are short 20M today minimum. If Gavin stays smart and does random market awareness once a week then it will all even out in the end.
In the end it is hard to make equity acquisitions when the stock is volatile due to shorting. They paid 25,000,000 shares worth as of right now at 250KM USD on Salome that cash flows 600,000 a year and probably operates at a 20% profit margin. Means she had to pay 2 times cash flow which is not bad.
CDEL now on the bid at .01 covering their shorting of this stock from .019 down!
Just made a few calls to former friends of mine at two trading desks and google searched for articles.
Here is the result.
CDEL is the BIGGEST shorter of stock in the market...period...it is not even close. From big board stocks to OTC stocks. Wherever they can find momentum and weakness. Yes they also route trades for other MMs but that is becoming a smaller and smaller part of their business in recent years. There are articles on their actions against the Wall Street Bets crew from Reddit. a plethora of links on this very issue of their actions over the past year especially. They are also being called to be in front of the U.S. congress to answers questions about their trading actions and whether it hurts a fair and efficient market. There are actual death threat against their CEO on this very issue. Their program is designed to find inefficiencies then beat the hell out of it.
This news cycle on this issue started with the AMC GME trading from last year and their actions.
So for you to say it was built to engage an orderly trading market is incorrect and specious at best. And yes, they still have a human element on the trading desk managing the program and making human trades as well. So you are completely wrong on that statement as well.
Just setting the record straight.
So yea it is what it is period!
They are pounding HIRU as the stock does not have enough buying support yet for them to slow down. They push downhill as they sell causing their program to sell more then cover quickly a the resulting lower price.
Getting pummeled from the high as they buying is not enough to make them go away!
Why would she make a commitment that could be broken by good things in the future. Nice cover for her! Never been rude to you brother. So, yea, have a nice day!
Yea, I get it, but being an AI program it could make things worse....and profit from it even if it is not the main goal of the program....which I think making money probably is a main reason it was written. Orderly market or not it is written to make a profit...even on an unforeseen anomaly! Not to admit that is not logical!
Why would she make a commitment that could be broken by good things in the future. Nice cover for her! Never been rude to you brother. So, yea, have a nice day!
Because every time in runs its gets killed by CDEL and CSTI!
Yes or NYSE...those are exchanges
Going to break .02 wow!
Not bashing you brother...she put that in their in case they uplist requiring a RS and then would break her word and get sued is they way I see it.
But doesn't that get a little out of hand. The program is not ultimately written to make a fair market, it was written to make money right? So if it can take advantage of other MMS shorting (which should skew the data set, somewhat, on a fair market), it kind of feeds into those actions and could exacerbate it then, correct? Just a feeding frenzy to the bottom!
She did not say uplist soon! Just being accurate.
GREAT statement if you read between the lines on the LAST sentence in the release. Tired of CEO bashings and she is telling you short term market price means nothing. It is a long term play for her! Which it should be period!
"We are trying to be proactive and make smart, strategic decisions that are focused on maximizing shareholder value in the long term."
REVERSE SPLIT...none for three years announced!
Not going to argue with a guy with a Ph.d from Space. If your right and it is AI driven, would it not sense a short and participate then? Curious and I defer to your infinite post graduate experience!
By the way before my days trading I did get by MBA and law degree, but stopped short of getting a final piece of post graduate paper in Business Finance! Wanted to make money! Instead went in and ran my own firm for a decade in my 20's! Did and done that crap they are pulling on HIRU the past month! This is a MM driven short and will not stop until their end of day blotter is red and they get the call to close their positions by their managers, who are always watching. I used to be that watcher of my trading desk!
Yes they have computerized trading on big board stocks to effectuate trans for large customers and route others.
They still have a proprietary trading desk to trade positions manually as well. That is a fact!
Are you saying unregistered like the TA doers not know about its existence? LMAO lol!
This is how it works.
Certificated paper (usually now unregistered but eligible for the safe harbor legend removal) is deposited into a trading account and approved. TA is notified and cert cancelled from the depositors name, trading account credited so depositor can sell, and CEDE account with TA adjusted for the deposit credited to the depositors clearing firm for his or hers benefit ..and then TA updates the OTC "Security Section" with the new higher amount at DTTC.
This figure HAS NOT changed in the five months I have been following this stock. Check it everyday...like today the auth dropped to 2B on OTC site this morning as they made the change as promised yesterday and amended their AOI to lower the auth from 5B to 2B.
See a pattern here.
No longer the days of the wild wild west.
All accounted for period.
Again you are just not right. Its all unregistered stock (either 144 or 4A1) after this point as they are no longer an SEC 12Q reporting issuer. But if they deposit, it is a verified TA deal...so if CEDE ()which is DTTCs holding company for its rep'd brokers) goes up on the SH list with ANY deposit of paper, then the OTC site is updated.
How long you been in this game? Not being rude, just curious.
When I post something it has 27 years of OTC trading behind it and it is fact as I have been through the wars and have represented a multitude of OTC issuers with OTC Markets and FINRA. And that is now, before I ran my own trading desk from 1995 to 2002.
CSTI is now taking their turn at the low offer! CDEL and CSTI have been humping this deal for weeks now.
cdel WILL NOT Allow this thing to get above .011...camping out at .0099!
Anyone who knows trading this should confirm this is a MM driven deal right now!
You really have no idea what you are talking about...at all. Read the quarterlies and then look back at shares at DTTC...never has changed. So no new paper in market! There is paper disclosed on the last quarterly...if they were deposited, which is NEXT TO IMPOSSIBLE to get done these days, the load at DTTC on OTC Markets would have been adjusted!
MM trying to kill it right now!
We will all take note PP....she is doing it to break the shorts! I have been preaching it for three weeks now!
Going to break .01 the first 5 mins...finally they are fighting back!
F G finally!
Fully agree. Been around for a long time trading. Too much support keeping even at .00712 with all the MMM manipulation going on! Most those shorts covered the last two days in the ,007 range.
I exepct 60M volme today and a close over .01....the 2B auth posted on the GA SOS site.
Is there ANYTHING this CEO has promised she has not completed quickly in spades?
Just curious.
She is a smart girl.
Today would be the best day to bring some market awareness assistance into the deal. Been posting about for weeks now. Maybe Monday but it has to happen to break this MM pummeling.
It will break 10M vol the first hour!
EXACTLY
If that is the case that is not a very deft handling of a pump and dump.
This stock will see .01 before it sees .005.
Been wrong not one time on this board!
This thing has be beaten by MMs for going on three weeks now. The charts do not show a pump and dump. There is no real pump and if that was their plan, it would have gone much higher than 0.185 before the volume would turn on.
SOMEDAY they will listen and do some market awareness on a random basis to clear the shorts out. Until they do, it is going to be tough!
Not a chance...Friday run past .01 easily!
GA SOS was just updated with the amended articles lowering the authorized to 2B from 5B. Hiru's management does not miss a beat period.
CRAZY...does anyone understand how the two sided market. The trade at .002 by the well below the high bid. Only two ways for that to happen.
1. (Most Likely) - It was an off market, blotter trade between MMs by phone to cover a short. If this is the case they did the trade between themselves and then were required to post the trade. That is why it was done at 25% of the high bid price.
OR
2. Some idiot wanted to sell his full block and entered market price. The MM covered the first 150,000 at .004 and stole the balance at .002.
Which is more likely!
So Peterus you calling me a turd?
FUNNY....all the statements by the usual posters here about the imminent crash of HIRU...just has not happened. Hanging around $0.01 even on high volume days which have been mostly bid hits like today.
Makes you wonder who is buying up all this stock which is approaching $135,000 USD in dollar volume today as of this post.
Great new today and the agreement for the acq was posted.
But still help down by MMs period.
Until she does some significant market awareness program and feeds it back to the MM shorting this stock, not much will change.