I asked this earlier. What would you do if you had to buy back 50 million shares? That is the position the MMs are now in.
Today was a bearshake. It's obvious they didn't get many shares but it also shows we are getting closer and that they are getting desperate.
Please relax and for those that have been here a long time let others know that we have seen this many times all in our long run up to higher levels.
This is just temporary and part of the process to test our resolve. All is proceeding as planned and on track. We will see new highs very soon.
From BlueBucks:
There are 3 kinds of shakes in Pennyland
1. BearShake... This is the one you seem to be most familiar with. Maybe because they effect your immediate plans or ability to handle stress, I don’t know. They actually produce the least amount of shares.. Once covered the collected shares are resold in a normal rising trend. You refer to it as a bounce. Do not confuse this with a Bear Trap. That happens at the end of a cover where bag-holders are unfortunately created.
2. SideShake... A mid-term, slow drip strategy that tortures the shareholder in a fast moving market. You refer to it mistakenly as consolidation. Again, see the sticky above. If anyone thinks the MM’s can consolidate airshares please PM me for counseling. Does consolidation even exist? Yes. Do not confuse big board trading with Pennyland.
3. BullShake... This is the one you need to understand. To do this you must adjust your personal strategy to contrarian, not an easy thing. This is how MM strategy overwhelms the OTC market. Stop using big board strategy in Pennyland!
It is the abbreviated cover that is insidious but recaptures the most shares. It agrees with your logic. It is the anticipated breakout, at the end of a SideShake, that tickles your greed button. It’s often triggered by a judges ruling, FDA approval, quarterly report, 8K or press release but many times nothing at all.
Common strategy is to sell into the run at the ask. This is what you will do with CDIV one day. They will shake your airshares loose & buy them back with real money. By doing so they “cover” & we get rich. Game Over. Next Lockdown. This is not the Bullshake.
It is the abbreviated version that is the BullShake. MM’s force the phony chart to explode for a short time. In so doing they expect long shareholders (did I say long) to sell into the run. It is always successful. You too will be tempted. At some point the run will mysteriously end & return to a SideShake.
Depending on how many long shares were captured will determine the next protocol. If they capture many it will imply weakness & the time till the next leg will be great. If they capture few it will show strength & the time will decrease.
Look at EVCC above. How many BullShakes do you see? One day you will be referring to CDIV in the same way.
The confusion of an ineffective Knight Capital protocol can not be overstated. At the end of the page lies that final protocol labeled ‘Cover’. Hit the ASK
