JP morgan.
128 BILLION in "securities sold yet not rebought
one of the most fined SEC agencies...."just a cost of doing business"
60 million trades listed as sells instead of buys oops sorry fat fingers my bad
and half of the executives visited a certain island allegedly supposedly.
makes ballas and GPL appear as saints.
as for voting with our feet. yep all retailers ability to modify this 'pos penny stock' based on fundamentals and the old rules of the SEC and the OTC yeah...we'd be screwed! retailers shoulda sold on the way down from 21 in january 2021.
but my theory has nothing to do with fundamentals...or retailers.
here's the thing. new rules.
1. retailers don't move markets. even pennies. MMs banks hedge funds and large institutions move stocks and markets.
2. if penny stocks are the wild wild west, the SEC is crime ridden mega city one, or present day chicago, you pick.
3. retailers have checked out of UBQU. fine by me. see rule 1. when UBQU moves up, it won't be humans buying it initially. retailers might FOMO in once we take off, which will either be kenny's plan or kenny's inability to control. either way, THEN the early rule of penny traders pre 2021 kicks in. you buy at trip 1 (in my case, 00005) bottom and sell on the pumps. sell at trip 2 make 2x on your play and ride a little up the pump.
Ballas is irrelevant to me. they are all criminals, just new intelligence proves the SEC doesn't care about retailers and everybody from the brokers to the regulators are on the biggest criminals side.
Ballas is an employee of GPL. the question to me is why is GPL still in? could it be because UBQU is their last dilution play? or could it be because all that robot buying indicates even GPL understands UBQU is a geyser waiting to happen?
If I was in a penny stock being manipulated down for NO reason except they have to stop retailers from buying and holding...oh wait I am in a few morethan UBQU. like one is the largest gold and silver mining company int he united states....yet they've been shorting gold and silver since 2016....and it had a real product and real status sheets and hey it's filing to stay pink. (unsure about it being incomplete, the OTC sure accepted it)
well I'd stay in it at this point. as I've said since 2021, UBQU to me is not a fundamentals play, or a "trust me bro" corporate communications play. it's a squeeze and momentum play.
of course If we run, ya GPL will sell. (my guess the folks who hate ballas on this forum will blame ballas, sure blame the janitor of lesser evil corp its ok now) but GPL WILL dilute.
so since I KNOW this, when it runs, I too shall sell take my profits, and as always sit back and evaluate how much GPL diluted and perhaps how much more pus in the wound of UBQU's share structure the bad guys have yet to clear out. if It appears there is yet more pumps int he future. I'll wait for nobid patiently again wiht my profits and bus some trip 1s and sub 1s
