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Alias Born | 09/18/2018 |
Thursday, March 23, 2023 1:13:35 PM
before I begin, note important things:
A. that buying was NOT retailers.
B. there was no news, no PR no catalyst, no NOTHING for MONTHS.
c. two important things happened. game stonk turned from eventual BK when its cash flow hit 0, to having NO DEBT and positive cash flow, making it a serious threat to the shorters of 25% of its float (legally) AND the first major collapse of USA and global banking institutions, that made it to the ears of main street.
my thesis of what happened yesterday causing the buying is one and or the other thing:
1. short swaps hidden in UBQU by "kenny" (brokers banks hedge funds) on game stock especially after game stock went from no-brain short losing money to no debt MAKING money, time to get out if you can!
2. credit suisse, 1B bailout? no? 2B bailout? ended up 3.2 billion bailout by UBS, but then not UBS but the swiss NATION because they looked under credit suisses hood and if UBS bailed them out UBS collapses in DAYS. it's all time buying and not much imo. so all these insittutions probably had "small" positions or swaps in general in the nobids, and they both covered AND dumped a 144M long position to 000001, clear out what won't be noticeable here in 8000 nobids in the OTC.
now, as for 1B movement but a lockdown of another 500M ont eh ask, yeah that COULD be GPL. I noticed no slams at ballast on this exchange. which honestly, is neutral. ballas is a pawn. GPL is the little corrupt wild west outlaw. and "kenny" we find out the federal marshalls are corrupt as hell and actually INFLUENCE the little outlaws. Ballas is a punk gunslinger who got lucky one day back in 2017 and shot jesse james or something.
and yeah I said yesterday stay tuned, I bet that ask was GPL waiting, so 700M I think will add from O/S to A/S. but I don't think UBQU got "new funding" I think those buyers were the bad guys above.
I think the majority of that 500M on the ask if GPL before, GPL now. but why not another 700M? why not 1B+? after all no retailers are buying.
probably because it's a mix of GPL (i could be wrong and GPL wasn't READY for this one and the ask is all kenny "controlling the stock"
why isn't the ask 2 million? after all retailers would buy IN right ? and we'd all go to 0010 and we'd all get rich.
because this has nothing to do any more with 2017 thinking, folks.
fundamentals still mean nothing. I'll give to the folks who hate the stock and hate ballas that YEAH, this is a crime ring (never thought ballas was a saint but it drove my haters crazy so heh)
but it's more like this in my opinion: 2017 was a bull market , nobody knew how corrupt and how deep wall street was, people were buying the idea you couldn't short and manipulate OTC stocks, only their corrupt CEOs could do that! and yeah GPL was doing its illegal toxic convertible bonds and dumping on us.
now, so many pennies at nobid, nretailers are NOT buying, and GPL realizes I think a LOT more buying now will happen when the system COLLAPSES than from retailers. that's why no PR for months, why they fired useless priya, why nthere's no PR so far on this ?? volume and I am unsure there will be.
I guess the only disagreement I have now with recent grumblings about UBQU's mismanagement and the cynicism of how were back to screwing US is that at this point nobid we're not screwed any more. GPL wants this stock to RUN, but still wants to capture SOME trip 1s (actually I am unsure if it's all GPL, It could be Kenny, I doubt it's a lot of cyncial retailers. Heck I put 3M up yesterday and got filled. If I wanted out I coulda got fully out yesterday. and based ont he chat here, I don't think ANYBODY got out.
but imo if ou want out, I think the next similar action is coming.
reason today is back to "normal" is not cynical "bad UBQU management' its because TODAY wall street is BULL TRAPPING by raising indices again on the idea of "Credit suisse bailed out, nothing to see here, crisis averted"
and yeah we might have weeks to months of more 20M volume PPS SUPRESSION to 000001 even though we only had one 21,000 sell to 000001 today....but if anybody reading this thinks we are DONE having global hyperinflation or see even BIGGER collapsation of Banks, hedge funds, and maybe even some Brokers (not financial advice, but I'm completely out of "broker aps") well then yeah, UBQU would be a terrible buy and not placing their entire stack on the ask would kind of make sense after the recent evidence, no?
"i'd rather let my stock go to zero than let the hedge funds (ballas) win..." a common statement made on more than UBQU stock.
which is a poor statement imo, it isn't wise to dis on a stock you hold imo.
if your stock goes to 0, those who shorted it have WON.
anyhoo, I expect another event like this. when? maybe when MOVIE stock earnings are eventually cash flow positive? when CS FINALLY collapses or UBS or the swiss economy, or the next big USA bank? me personally I'm rooting for a JP morgan chase collapse.
up to you guys if you take a little, a lot off the table or wait for the eventual "correction" by wall street...and then complain about UBQU's bad fundamentals.
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