Wednesday, August 01, 2018 5:34:28 PM
P.S. Who is person buying typ. 200-500 shares of AMPG near/or at closing bell (4PM EST) - to drive up the shareprice to max/Ask price?
I used todo that when was a kid on stock market, until I realized.... never mind that :)
Buying a couple shares to drive-up pps was my great idea I stumbled upon back when I owned huge amount of AMPG & opened a new account on TDAmeritrade with 600 FREE Trades, so it cost em nothing. I bought 1, 1, 1, single shares per trade repeatedly. Other folks copied me after i posted the effect of buying a SINGLE (1) share of AMOG on OTC market at closing bell to drive up AMPG price, on a public Board. I was eager to return to 11-15 cents at LEAST, not to mention 84+ cents/share AMPG was when I terminated involvement with AMpliTech.
The effect works even with buying ONE (1) share, so often no need for 200 or 500. That idea however is a smoke-screen, a psychological trick to feel good at the end of trading day knowing PPS was driven up by me to Ask price - often to end day supposedly "w/o loss" or minimize loss.
But it's an illusion, It works dueto OTC mechanism, where respectable U.S. companies doNOT trade, the exception are respectable foreign companies which do trade on OTC as the costs to list on NYSE, NASDAQ or such are high for foreigners, example is Nissan Motor Corp, a huge corporation yet trading by OTC.
Anyways, the past few months someone copied my behavior & buys 200-500 shares of AMPG near closing bell (occasionally in mid-day) just to drive up PPS to sk price.
It is however an illusion. Imaginary & it behaves this way dueto EXTREME, repeat EXTREME, scarcity of $ Liquidity for a particular stock typically OTC or PinkSheets-listed. In plain language means very few people are trading that particular stock so you alone can drive its price up & down instantly by a single (1) share trade. But, next day or uin the end - you end up with lower price anyway as other people keep dumping it and you're looking at an ever increasing position with shallow worth.
I'll be back later, need to see my mental Therapist & Parole Officers at 6PM.
Recent AMPG News
- AmpliTech Group Reports 2.8M revenue, 1.3M Gross profits, 47% Gross Margins • GlobeNewswire Inc. • 11/15/2024 11:00:00 AM
- AmpliTech Group’s AmpliTech Inc Division Signs 5 Year BOA (Basic Order Agreement) With Fortune 1000 US Company For LNB Products • GlobeNewswire Inc. • 11/14/2024 01:30:00 PM
- AmpliTech Group’s AGTGSS Division Releases New Portable 5G Networks In A Box (NIB) For Military, First Responders, And On-Demand Commercial Events • GlobeNewswire Inc. • 10/29/2024 12:30:00 PM
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- AmpliTech Group Announces Receipt of Notice of Allowance for Patents in 5G and Cryogenic Technology For Quantum Computing Applications • GlobeNewswire Inc. • 10/07/2024 12:30:00 PM
- AmpliTech Group Received Nasdaq Notification of Non-Compliance with Listing Rules 5550(a)(2) • GlobeNewswire Inc. • 09/30/2024 08:05:00 PM
- AmpliTech Group Receives Over $700,000 In Cash From Single Products Sale At Their Spectrum Division • GlobeNewswire Inc. • 09/19/2024 12:30:00 PM
- AmpliTech Group’s AGTGSS Division Receives Initial Order For Its Midband 5G Radio Networks From Historic University of Edinburgh UK • GlobeNewswire Inc. • 09/12/2024 12:30:00 PM
- AmpliTech Group Announces Pricing of $1.0 Million Registered Direct Offering, Priced At-The-Market • GlobeNewswire Inc. • 09/10/2024 12:30:00 AM
- AmpliTech Group’s AGTGSS Division To Participate At Mobile World Congress Shows in Las Vegas And Barcelona To Market Its Comprehensive Private 5G End-to-End Solution for Businesses and Homes • GlobeNewswire Inc. • 09/04/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/03/2024 11:00:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/30/2024 09:42:22 PM
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- AmpliTech Group’s AGMDC Division Moves to Allen Tech Hub in Watters Creek District In Allen Texas • GlobeNewswire Inc. • 08/26/2024 01:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/26/2024 01:00:31 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2024 07:59:59 PM
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- AmpliTech Group’s AGTGSS Division Signs Memorandum Of Understanding For Initial Domestic Private 5G Network Deployment • GlobeNewswire Inc. • 08/20/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 09:00:41 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2024 08:30:44 PM
- AmpliTech Group Reports Q2 Revenue of $2.5M with 1.05M Gross Profits and 42% Gross Margins • GlobeNewswire Inc. • 08/14/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:30:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/29/2024 08:30:14 PM
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