***9 MMs Stacked on the bid!!Looks like they're loading up for the next run! The "no bid" and "R/S" talk is all over the board now to scare the longs into selling to the NINE MMs on the bid!
People just don't get it, the biggest scam in pinksheet stocks is not the just companies themselves. It's the MMs and promoters that load up on good stocks when they're low by holding the PPS down while bashing to scare the stockholders and pressure the CEOs to dilute, so the MMs can load up @ .0001 weeks before good news comes. (Some shareholders are easily spooked when they don't know what's going on.) When great news comes promoters pump it while the MMs raise the bid and ask. When the PPS tops out the MMs make more money by shorting it all the way down to .0001 and do it all over again! This is where the real money is being made! The only way investors can make money in this environment is to buy very low and wait OR buy when great news hits the wire and hold for the short term!
That's why CEOs don't want to R/S their stock, it doesn't do any good, the MMs will just short it down anyway!
Synj has made it's way down to the bottom. Now 9 MMs are loading, you do the math! The mood was positive on this board after the last PR when we realized SYNJ's projects must be valuable enough to renegotiate Mac's contract. What has changed between then and now? Nothing, only bashers ready to buy cheap shares from impatient shareholders!
We've come full circle since before the last run and IMO, it's going to do it all over again with a new twist to attract new investors! (Gotta keep up with the times, ya know!) Last year it was biofuel, this year will probably be something a little different.
We've still got some positive things going for this stock;
1. The A/S has not been raised at all this year, so a R/S seems unlikely.
2. Seems like they're getting ready to anounce something BIG, hence the "renegotiating Mac's contract" PR!
3. No pumping/no dilution, they've been very secretive about what they've been working on all this time after all the PRs they issued last year up to January!
4. THERE'S 9 MMs ON THE BID ready to load up!
5. SYNJ was a very popular stock, (on the most active list for months), it would be easy to attract buyers of this stock with big news!
6. The O/S is not too high for a good run. With large volume comming in, (on big news and if the longs hold on to their shares), the float will tighten up and the PPS can hit new highs!!!
SYNJ may look like it's dead, but things can heat up around here pretty quick! That's what i'm counting on.
GLTA, h2h
