I've mentioned this a few times over the years, getting filled at .00005
most of the times it happens once the MM sells to 000001 and a buy at trip 1 is placed at less than 1M.
in the past when I had schwab (ptooie) I sometimes got filled for 500K shares even as high as 750K shares.
this typically happens when we're in a downtrend which is often. by this I mean when the algorithms controlling UBQU (which are bearish even now since the only thing the algos are buying are the top 12 megacaps in the NASDAQ and S&P. if you toss out those 12 megacaps we're down 1% on the general market YTD.
so the algos are typically bearish so when you buy for trip 1 the market makers want to "balance" you at 00005.
it's teh way over years, I've gotten my UBQU average to .00007
I have noticed some 1M+ trades now clearing at 00005. if you got them, congrats!
be patient friends. only reason our enemies at wall street haven't collapsed is now janet and congress have given the USA an infinite money printer until 2025...and that money isn't going to UKR it's going straight to the big banks. which loan it to kenny, who continues to commit effery across all the stocks including UBQU and Jamie Demon of JP morgan just deleted 74 million isda contracts.
all they've done though is delay.
notice Game stonk now has RIan Cohen as CEO and chairman...he's running it now 100% and it isn't cratering back to 16 dollars a share, on the contrary its acting more and more like the next tesla slow-squeeze.
also the movie stonk lawsuit is doing nothing but proving the prosecution are clowns. there's a decent chance the judge throws it out in days from now and we can get started on generating revenue and paying debt there.
last time game stonk ran on positive earnings, we had that trip 1 trip 2 day.
I think GPL ventures is betting on the collapse of wall street, and getting effery removed on the share structure of UBQU and IMTL with the ensuing chaos. or perhaps that kenny uses all shares gained on UBQU and IMTL at 000001 as his personal cash cow and one day they'll pump the stock so kenny can make tens to hundreds of millions as required.
surely, it will be a P&D and there will be selling if that happens, from GPL convertibles, from Citadel and Virtu
but then so will retail bagholders.
and some of us are picking up big shares at 00005
