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TJG

Followers 605
Posts 27703
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Alias Born 06/20/2007

TJG

Re: None

Thursday, 12/07/2023 11:04:11 AM

Thursday, December 07, 2023 11:04:11 AM

Post# of 2053
If any of you out there own this and your confessed on how dilution works, actually works... how shares can be converted and sold on the open market to create dilution please take some time to google it and find out the true answers. If your simply reading posts on this or any board and your hearing terms like "Front Load" or "Wash Rinse and Repeat" of just constant rhetoric about how this is being diluted every day.... your being played, there is no such thing as any of it.... You need to stop and think and you need to do the math, and you need to know how convertible debt actually works...

What is real is Market Maker Manipulation.... which is legal in penny land, legal because the SEC has neither the time or concern about investors getting fucked at this level. This is what is happening here... its not actual dilution its manipulation.... if you simply stop panic selling then the manipulation will stop as well.

There was zero volume on this until 10:18 and then from that time until 10:44 a whopping 111,000 shares were sold. The price went from .0239 to .0195.... if you average out those prices then you will see that just a little over $3000 was crossed hands... Which means if only OINE person was the seller that not bad for 30 minutes of work... problem is it was not just one person... it all went through 3 different Market Makers... so there were 3, 4 maybe 5 people who sold...So everyone made a couple hundred bucks.... and unless they bought at below .0195 they all lost money.... Ignore the noise or you will continue to lose money trying to play on the OTC until your broke... like the thousands of people who have come before you. There are more losers then winners playing this game.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y