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Tuesday, December 06, 2016 11:11:49 PM
Looking back glad I took half profits @ .035. (For now)
Here's a little piece from my MCIG post that might be interesting to you guys:
Also consider there are a lot of MM short selling to create a market for investors pushing these "Bubbled" penny stocks lower to a more reasonable valuation & long term indicators i.e. daily/weekly moving averages. (There is speculation that some MMs like NITE are naked short selling, or borrowing then selling enormous shares or even well of stock without covering them, specifically if there is a reverse split, ticket change,merger etc anything that could replace the CUISP #) VTCQ/OMHE has change CUISP many times...(somebody had to have made money on the VTCQ decline) The naked VTCQ short shares not covered are then lost in the books as a liability in "Sold But Not Purchased". This liability has been increasing YoY in market maker financials. hmm something to consider.. overall this is added RISK & explains a lot of the 2014 bubble and various pump & dumps price movement
GLTA
Cash
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