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Alias Born | 09/18/2018 |
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Thursday, January 17, 2019 12:54:25 PM
Smokey explained a loooong time ago it's Naked shorting. you sell at say....07 at the beginning of the day, driving it down to 5 and then buy everything you sold back at 5.....wait for it to raise up...rinse and repeat.
I am unsure if an OTC micropenny "loans" shares to classic shorters to tank the stock on margin and then cover the bets later.
I know it's very very difficult to go back on posts here so I'll say what I've been saying and this board has been surmising in the last two days. we had a big dilution dump which drove this from trip 9 to trip 5, but now that it appears over for a few months, most of what is happening now most likely are jittered small timers trying to get out and move on.
The COULD be trolls trying to drop the price to trip 4 or trip 1 (they were on a few days back and they'll be back and now realizing the emnotional vibe in this board is too strong to have that happen, they'll take their profits at 6, move to a new trip micropenny and see if they can work it better.
One thing I can say about this message boards, is there is a strong CONVERSATION about the company and it does appear that someone who is in power at UBQU reads and listens...or maybe it's just the positive vibe. I'm also in biosolar (BSRC) another penny trading at 3 cents right now. there is NO conversation on their message boards. so it moves if it is lucky 40K shares a day and we wait once a month for a press release.
That is another reason why regardless of Share price history, UBQU is a place to be. Huge relative volume, many press releases (whether its non-news or not and whether ballas may 'dilute' the importance of said releases)….its very important for any stock to be talked about if investors want to see any action. MMs do not even play on non movers like Biosolar….and yeah MMs are annoying but they also make local stock pops of their own.
Welcome to the boards if you are new! if you just got into UBQU, I believe, and hope, you made the perfect time to enter.
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