Still sitting on 7K loses..Hopefully MM pump this to 0.0056 so that I can get out breakeven. I have been fallen three times to these MM manipulation, ended up buying only to watch MM drop it later with VNDM and NITE all day, 80K notes tweet, then last pump to 0.006. I held only to watch 50% plunge.
It will be interesting to see what MM do. They give a pause for 2 days and suddenly VNDM comes out start flashing 10 million ASK, then NITE follows and selling resumes. This has been the pattern. They give a pause and watch people get in. I hope it does not happen this time. Lets see, time will tell
The stock has to break out of this. Historically stocks with 9-10 billion OS that are in TRIPS trade this volume consistently. It is hard to know what is going on here, most TRIPS have 400-500 consistent volume when they are in pump phase then then graduate to sub - pennies. This is trading that much volume at 0.004 for many days. Even BVT@K has less volume now with 7 billion shares
If you add all volume in past many weeks the OS shows very high value. We will see what happens today and tomorrow. It better hold gains and volume needs to come down to 100-150 million to get a confirmation that dilution has ended. The Level 2 has blown me away here watching VNDM all day, interestingly VNDM was not that aggressive yesterday. We will know what is their motive in next two days based on what stock does. It's the level 2 that has confused heck out of this on what is going on. VNDM is dilutive MM and when they start flashing constant 8-10 million block all day we know what they plan to do
This stock is having high churn and MM have made a mess outta it with VNDM, NITE all day in that dump from 0.006 to 0.0028. Last time they moved this from 0.0022 to 0.006, was happy I can get out, thought I will make money, got greedy and bought more at 0.0046 so that I can breakeven and get out, then watched it fly to 0.006, was hoping for 0.007 and thought will make profit only to watch it plunge yesterday after 4 days of constant selling
I just need breakeven to 0.0056 now, then wait for the filing to see what happens here and what are the real OS numbers
This stock is becoming harder to predict. FILING is the only way to prove what is going on with MM moving this up and down rapidly. They better file soon and confirm what is happening here with insane moves like this and the bloody dilutive MM who can manipulate stock at their whims. They will keep moving and moving up for 2-3 days and then take U turn just like the last time
Hopefully MM move this to 0.0056 today so that I can get out breakeven, will revisit after filing and actual OS.
Lets see how it unfolds today and tomorrow
good luck to all here
Lets see what happens today
Yesterday the stock made magic recovery from 0.0029, we will know what MM were up to on that today or tomorrow if the stock holds gains
Next 3 days are critical to establish trend and Level 2 will reveal what is happening. For me the only proof is Level 2. That helps me make proper decision in wild wild west pennyland and m assumptions are based on Level 2 . When I see dilutive MM flashing big blocks on ASK I get very concerned. They manipulate the stock up and down and you have no idea what their intentions are any given day...
