I'm not an expert, but sometimes I think there is a lot of paranoia and misconceptions about MM's or confusion on what the term MM manipulation actually means. IMO
I think if they played with us here it was only in the taking position side of the formula. Nothing like naked shorting or anything like that. There job is to make money off of us as this stock goes up, which is their role in the market. I think if they were to play games that we worry about it will likely happen more as this stock reaches the .20 cent range and above.
I have done some reading on how companies like VSPC can combat MM's manipulation and VSPC seems to be using all the correct tactics as if Dr. K has read the same info. These tactics alone can reduce the chance of MM's playing games. If done correctly the stock should see a nice steady growth, nothing exciting just steady. If the company lets it get too exciting that is when you invite the manipulation we fear. If you Google "combating MM manipulation" or similar terms you should come up research on this subject that lays out the steps that need be to be taken and I’m sure you will see these same steps in what Dr. K is doing.
One of the things I have been tracking is the PR’s, they are not overblown to create pump and dumps, we are seeing this in that the recent PR about patents didn’t create a P&D looking chart. VSPC paid a lot of money to the PR firms I think to control this. When MM’s are playing a stock you will see that these PR’s are paid by third parties and I don’t see that. Also Dr. K paid these firms with 144 restricted stock which essentially makes these PR firms investors in our company and they will want to protect their investments. The 144 rule restricts them from selling their stock for up to 12 months. They could get a lawyer to write a letter allowed them to sell before the 12 month are up, but that is illegal in most case, and the SEC is watching this like a hawk even in the penny markets right know and they are prosecuting at a higher levels than ever. Plus it look like Dr. K choose a PR firm that manages all these smaller ones or the 15 that we have seen on the list.
In this case the MM activity is actually healthy IMO. I see the Gaps being filled nicely by their activity. I think this is creating new support levels for us that will make this stock stronger in the long run and more resistant to day trading and wild swings. I think right now the MM's might not want to manipulate it, as I think they might be thinking that there is more money in this just letting it be. Their manipulation would only slow this down and cause investors to lose confidence. MM’s usually manipulate companies that don’t have this much potential.
I am just basing this on the L2's we have been seeing so far. I find it interesting that so far we have not seen a lot of asks at the .04 levels. A lot at the .03s then it seems to jump to them .05's and above.
I do not think these .05's and above are the MM's, these are more likely longs who have preset triggers on 60 day orders or trailing orders. These are likely people or longs who bought in at the .01 levels.
I think the missing .04 levels is the next gap that needs to be filled and this will be the next point the MM's plan to make money. This will slow us down a bit but it will be good for us in the long run.
So in answer to your question I think we are exactly where we would be as I don't think the MM's are playing as much as they are just doing what their purpose in this market is and that is to make money. The playing that they are doing is just simply taking positions that maximize their profits and not necessarily hurting the stock. In a way I think they are helping the stock helping build a healthy foundation in our growth.
JMO….. What do you think?
