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Friday, March 01, 2019 8:40:38 AM
Last Wednesday at the very last minutes before closing someone bought 100 shares for 38 cents. As a result, my portfolio showed an increase of nearly $100,000 just because of QSEP. You could say that last minute buy set off a sudden interest in QSEP. Probably many other investors were also alerted to this sudden increase in share price. Who would make such a buy and why?
Would it be a market maker?
In 2017, ZEROSUM you wrote:
CDEL is the robot on QSEP which is run by the market makers, and they constantly are throwing small buys and sells around. They jump ahead of the highest bid fractionally on the bid, and they go fractionally lower than the highest offer. Once they get filled on the bid or the offer, they then add shares to sell higher what they just bought, or buy lower what they just sold and they do this on every OTC stock all day long. They are constantly making money and taking advantage of the spread, and in OTC stocks the spread is wide. They make a lot of money just doing this while making a market for the stock.
I am curious and would like to understand how QSEP was manipulated and for what reason, what would be the objective of the 38 cents buy. Also, who would be doing this, the guy who bought 700,000 shares or the market makers?
Recent QSEP News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 11:57:06 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 07:15:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/13/2024 08:39:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/05/2023 01:05:12 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 11:52:03 AM
FEATURED Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM