Thank you.
CM, et al.,
We called the bottom. And we knew that management would come on strong. Having talked about it. We called it right. The whole of it. That's why I substantially increased my position as earlier outlined. Seeing the light. But as also talked about, market level is now back in the hands of the day traders. The vast majority of whom rely on technical signals in order to maximally profit from short-term volatility.
And on the 29th I submitted a post that included two links. The first of such pointing out the graphical of the referenced session i.e., intrasession trend reversal. A dip to mid-session followed by recovery. A 'V' formation. The second of such pointing out the graphical relative to money flow circumstance i.e., more money flowing in than out.
And?
Well, again, we have the fact of day traders and technical signals. And then a need of factoring in the reality of MM's working always on the basis of order flow.
And a note…
The dominant MM is known as the 'hammer'. (There can be more than one active at a time.) Playing the hammer role. The MM('s) most active in terms of overall volume. In terms of repositioning in the Bid and Ask stacks. So on. With larger MM's, such as NITE, often channeling orders for smaller broker-dealers. And, so, NITE and similar large others see the order flow circumstance more clearly than do the smaller fish. Playing, therefore, more often the hammer role. Being positioned to do so.
And, so, okay...
We have the 'V' formation of the 29th. The end result being the EOD technical signaling strength. That the session of the 30th was poised to see upside continuance. And, indeed, just what did transpire. And right out of the gate. Strong volume and all. But mid-session there came weakness. The end result being an upside-down 'V' formation by the Close. A cone shape. The exact opposite of the 29th. The EOD technical signaling weakness for the coming session. And today we saw just that. Reduced volume and all.
A need of bearing in mind the two primary points. The fact of day traders and technical signals. The fact of MM's working always on the basis of order flow. The day traders reacting to technical signals with MM's reacting to that which they see i.e., order flow circumstance. Intent to add/enter vs. intent to exit. Preponderance one way or the other. Positioning long or short accordingly. And thus the volatility. Two primary factors plus all else. From nervous longs exiting to other longs seeing adding opportunities to new money coming in to the fundamental i.e., PR's hitting the wires. Material company events. And more.
And earlier we had the run-up to $0.2851. Courtesy of having escaped the clutches of the day traders. Order flow circumstance (continuous adding/entering) such that the company's registered MM's steadily played the long side. All the way to the 'top'. Things 'collapsing' thereafter.
We need, once again, to escape the clutches of the day traders. A return to the pre-manipulation dynamics. A need of understanding that it isn't about fundamentals for day traders. It's about the technical. The short-term signals. Buying into strength. Selling into weakness. The company's registered MM's adding to the volatility courtesy of positioning long vs. short accordingly. Maximally profiting. The always reality. Plus all else as outlined.
And, so, there you have it.
No worries.
Our having called the bottom. With today's EOD technical signaling green for our coming session. Poised to close strong in line with the very strong possibility of a bomb of a PR, or two, hitting the wires at any time/moment.
Management, extremely obviously, firing on all cylinders. Coming on strong. Determined to get back to the pre-manipulation dynamics. PR parade. The strengthening. A permanent end to being grossly undervalued. Eventually bidding a welcome goodbye to the BB and its mechanisms/machinations. Leveraging our 'entrenched' friend to the fullest. But when the time is right. Not until the pending audited numbers go primetime. A need of cementing the fundamental and operational realities of America's Cleaning Company in the best way possible. All those ducks in a row. That which the big money is waiting for. Completion of the called for due diligence. The August/September timeframe poised for some truly serious market level fireworks. Fun and profit.
With, very much, the advent of a bomb of a PR, or two, hitting the wires at any time/moment being genuine. Being realistic. Fitting the overall picture ideally.
Sitting on that proverbial fence, at this juncture, amounting to a none too smart approach. The bottom having been hit. The massive upside poised to emerge at any time/moment. Management firing on all cylinders.
With said bottom representing, in the absolute, a total joke in company true value terms. The blindingly obvious. And we were on our way. Big time. Until the lies, the deceit, the mechanisms/machinations did come to the fore.
And the fighting of the good fight will continue. From the inside and courtesy of the faithful longs. Getting the job done. The strong likelihood of a bomb of a PR, or two, hitting the wires at any time/moment ever-strengthening. Every new material company event PR that hits the wires drawing ever-closer scrutiny from all corners. The prospect of a buyout offer. That which equates to the market level spark/catalyst of the century.
Continued buy-side pressure will eventually see us, once again, out of the clutches of the day traders. Bringing the company's registered MM's in line once again. The manipulation/fallout seeing management all that more determined to achieve the senior listing while at the same time sticking it to the perpetrators behind our 'entrenched' friend.
The fundamental/operational picture ever-strengthening as more and more sales and distribution channels are sourced and successfully advantaged. A management team to be truly proud of. Getting the job done in the absolute. Steadfastly maneuvering toward achieving the annual gross revenues target of $500m plus. Revenues of worth as opposed to the empty variety. Extremely strong positive cash flows. Exceptional net earnings. The to-smile-about rest of it.
Continuing to fight the good fight. A permanent end to being grossly undervalued. Escaping, once again, the clutches of the day traders. Continued buy-side pressure getting the job done.
Onward and upward.
Doc...
For me, it's about the empirical. That which simply fits. And we've talked about it in full. The fact of no phantom shares being created ongoingly, as any such doesn't fit the trading dynamics picture and would, very much, be financial suicide given the big picture. Managerial intent in full. Not to mention the current published clearing system realities. Discussed, again, at length.
Some information came my way. As earlier mentioned. On the private side. The irrefutable. But not a full reconciling. Only that which pointed to an 'entrenched' count in the 200m area. The rest of the picture amounting to the unsubstantiated. A need of verification. And as for truly massive abuse? The chatter about possible 'entrenched' billions? Well, let's just say that I've got a bridge for sale. Going real cheap.
And there I'll leave it.
As for Madoff?
And sure. He could hardly have 'successfully' orchestrated what he did in the absence of a clandestine approach. The blindingly obvious. With the years behind bars outcome coming as small consolation to his myriad victims. Life savings lost. Lives turned upside-down. Enough to draw a tear from even the most steadfast of observers.
The whole of it amounting to the unbelievable. The unspeakable evil that some people are capable of. As destructive a level of hubris and greed as anyone could ever imagine. Truly headshaking.
Take care.
AI
