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Tuesday, January 06, 2015 11:50:17 PM
I understand there are people that want the price to go down
Because SCRC is a penny stock that is impractical for retail to short, I actually don’t believe that there is anyone who WANTS the sp to go down while it is on a run.
Only retail daytraders who short as a direct profit-making trading strategy ever want that -- but as a penny stock, I do not believe that there are any retail shorts here. And when SCRC grows much bigger and is uplisted to a senior exchange and is trading (via a R/S) above $5/share, then we will have trading-centric TUTs shorting as a direct profit-making strategy as well. BUT, until then, it is my belief that the TUTs are currently only shorting as a hedge – and as such, do NOT want the sp to go down. Remember, hedges are only partial, and so they have more to gain by seeing the sp shoot up (which is why they are invested). The intra-day short positions are primarily simply to protect them IN CASE the sp retraces significantly and there is not enough liquidity to enable them to unwind their long positions at acceptable prices, in which case they will be bagholders like the rest of us… …BUT now they have their short positions acting as safety nets.
IMO, there is a HUGE difference between someone who wants the sp to go down vs someone who simply DOESN’T CARE IF THE SP GOES UP. Understanding this will better enable you to identify the most likely source(s) of the selling… …and as we have seen ever since the epic P&D of 2013, it is those who hold the most deeply discounted shares and are also the most deeply “in the money” who can afford to be so non-chalant about the sp that they sell at. In addition, look at how long this aggressive selling has been going on for… …now ask yourself who has (1) The volume of shares, and (2) the hideously low pricing on said shares, to be able to be dumping on a seemingly endless basis since mid-JUL’14?
The answer is simple: The ONLY market participant who fits not only the criteria but also the timing of when this uber-aggressive selling pressure began is… …drumroll please… …our very own JOSEPH ZAMPETTI and his gang of fellow securities fraud engaging, Section 17(b)-violating, non-disclosing criminal CORE of paid promoters and their 22M shares of .05 PIPE stock…
PS: Memo to BS Schneiderman – Unlocking shareholder value means to enable the sp to rise up to its FULL potential, NOT to let it drain out for the benefit of known criminals…
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