Sunday, March 04, 2018 5:48:05 PM
It is blatantly obvious to me the claims made by $PDXP are legitimate. In addition, the company never claimed anything to do with bitcoin, block chain or otherwise.
There will be very little to zero manipulation, there will be zero new short positions and there will be no dilution. NO EXCEPTIONS These factors put the ball in the court of those bullish. Your actions alone will dictate your result.
For those holding shares short, in order to cover they have to buy shares equal to the amount short via a LIMIT order.
Assuming 35 million shares short via any means (the highest potential level of short shares) and 250-300 million locked shares that won't be sold at a price less than .02, the numbers are in bulls favor. Does it mean a drop won't happen? No. Does it mean it will explode? Perhaps, but buying low and selling high based on indicators is the name of the game regardless the market, the timing or legitimacy.
No market orders exist in a grey market
No bid and no ask will exist
Time and Sales will be available
Partial fills on limit orders do exist in a grey market (the type of market doesn't change the basics of an order)
If everyone continues to place your sell orders at higher prices the brokers will chase WHATEVER prices are available to cover ALL the shares short regardless what type of short position it is or WHO placed the original short position. IT WILL NOT BE THE PERSON THAT PLACED THE ORIGINAL ORDER in most cases. Action will be taken by EACH broker who allowed the shares to be borrowed via a margin call.
Your limit orders will need to be placed after market open as most brokers will not allow placing it before the market opens after a suspension. There are few exceptions to this.
All previous orders you placed were canceled with the event of the suspension so you will need to replace those orders with new limit orders at the same lock price.
The type of short position is irrelevant, whether naked short, traditional retail short or a MM short to make the market. ALL will be covered via matched trades and ALL will be reduced to the simplicity of retail blindness.
Best of luck tomorrow. Expect very volatile trading tomorrow and manage the trade accordingly.
Regards,
SOG
Trade OTC's with charts, INVEST in big board stocks on fundamentals. Don't confuse the two!
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