ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

More fantasmic fiction from SCRC's own resident homophobic criminal, JOSEPH ZAMPETTI, LOL:

Then the 1 seller 8.8m csti wed massacre .11 to .0669...

...the stock moving down was 2 prong CVS and the latter melt-down was 1 seller...

How many times do we have to go thru this??? Just as I pointed out when RockyW, one of many publicly self-disclosed CORE members, had claimed that he controlled 7.5M shares, it is not possible for 1 shareholder to control that many shares because doing so would put them WELL OVER the 5% threshold that would have triggered a 13G filing long ago (along with another amended 13G filing if any one shareholder dumped 8.8M shares the way JOEY Z and his criminal CORE are desperately trying to make folks believe now)...

...and as SCRC's own SEC filings over its entire history shows, the ONLY 13G filings that have EVER been made have been for BS Schneiderman, the members of the BOD, and Ironridge.

Had there been "one seller" responsible for the flash crash, then the window for filing a 13G has now closed for any such seller who may have been single-handedly responsible for dumping during that 12.6M share sell-a-thon during the 4/8/15 thru 4/10/15 period of time, and there have been ZERO such 13G filings, which by itself blows a hole right thru these ridiculous claims by JOEY Z and his CORE group of fellow retail penny flippers...

There have been some large buyers if you look at the tape, not consisently every day but their have been. With the intial heavy volume we could have easily been .02 cents a share if there was not A SIZE BUYERS OR BUYERS WHO WANTED .07 TO .10.

(1)
Large buyers??? In the 2 weeks of trading since the 12.6M share dumpfest, there hasn't even been $400k worth of trading that has occurred. That's less than $40k per day.

(2)
TUT's buy in size. $40k per day is hardly indicative of any TUT interest in SCRC. And, no, it is not a TUT who has been gobbling up $40k each day for the past 10 days. Egads...

(3)
As explained here several times previously, the ONLY TUT's who will buy penny stocks on the open market are hedge funds -- and HF's are by definition short-term trading entities, so they are no different than retail traders other than the fact that they have deep pockets.

(4)
Any LEGITIMATE TUT who we would want to buy into SCRC would be an entity such as a private equity firm, and PE firms would most likely approach SCRC directly and negotiate a private placement deal to acquire a significant stake at a set price (likely at a discount) rather than drive the price up on themselves by trying to buy large tranches of shares out on the open market.

(5)
When there is a flash crash-like event like what occurred w/SCRC, the MM oftentimes steps in as the buyer -- remember, folks, that is their job/duty when there are too many sellers and not enough buyers to enable a market to "be made". And it is likely the MM's who are also liquidating and pocketing their profit on these shares by selling now that retail buyers are slowly coming back.

(6)
Folks, it has been plain as day that the trading activity for quite some time now has been pretty much solely been the result of RETAIL, some looking to sock some historically-low-priced shares away for a true long position, but mostly traders looking for short-term flips. The trends have mirrored the technical metrics, which is another indicator that the trading activity has been fueled by retail traders. It should be clear by now that the slow uptrend the past week has been the result of retail feeling more bullish that the bottom had formed and so they now are comfortable re-entering the SCRC sandbox.


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Remember JOEY Z and the CORE's two primary mantras and you will be able to safely navigate the public space w/o a universal translator:

(1)
No news = good news
Bad news = good news
Good news = Explosive news

(2)
Only Buy/Add/Hold. Never Sell/Trade!!!