So just who in the hell is SELLING?...
Yesterday, several posters raised an intriguing question throughout the day: who’s selling the massive dumps that we’ve been witnessing? Maybe the best way in which to answer that question, is to first examine some very basic FACTS that have taken place here:
1. The MMs do NOT want new buyers in this trade. In order to purchase ASYI, a buyer must now instantly sustain a whopping 50% loss. That buyer can also look at the HUGE number of shares on the Ask and KNOW that any immediate price appreciation of his/her holdings is absolutely hopeless. Thus, ASYI has been turned into a ‘Roach Motel’ that you can enter, but cannot leave. Every sale of stock IMMEDIATELY diminishes the inventory of cheap shares that the MMs have been accumulating; and every sale of stock ULTIMATELY reduces the amount of money that they could have earned if they could sell it to someone once it reached $.002, instead of now having to sell it to you at $.0002. They don’t want that to happen; and will do everything in their power to see that it doesn’t happen.
2. The MMs WANT everyone who has entered (especially those that have recently done so at $.0005, $.0004, and $.0003) to sell as soon as possible. They know that ‘old-heads’ like me (who have managed to average down to $.0015) have drank the ‘Kool-Aide’, and are determined to go down with the ship. So their attention is now focused on all the daring ‘odd-balls’ who purchased this stock as a lottery play. The MMs want to force them out … and they’re doing that by moving the PPS ever more nearer to ‘no-bid’, while simultaneously increasing the frequency of the massive dumps. This is clearly designed to rattle those traders, and to make them ponder the very real possibility that they will lose 100% of their invested capital.
3. The above being said, who now is actually BUYING this stock?: (1) retail traders who are continuing to average down (but at $.0002, that has pretty much come to an end); and (2) the odd-ball trader that still looks upon this as a lottery play; and (3) the friends and relations of insiders who have been tipped-off that there’s money to be made in this trade (that too, has now come to an end, as they have now had sufficient time to be totally aboard). As we have clearly seen in recent days, the volume of such buying is beginning to stall and peter-out. This is because of the fact that the tactics employed by the MMs (as noted above) have proved to be very effective as to the “odd-ball traders”. At this point in time, it is only the most daring of new souls who would risk their capital in a trade so manipulated as this one is. And so they sit on the side-lines. The MMs know this … and are pleased by it.
4. The above being said, who now is actually SELLING this stock?: This then is the intriguing question that was raised on Friday. Since the MMs whole-heartily WANT people to sell their ASYI stock (and add to the MMs’ inventory of dirt-cheap shares), who would want to aid them in that effort? We’ve all noticed some very odd little things about the selling activity here. The first is that it occurs with great regularity, and that it does so in BRIEF, YET SUSTAINED BURSTS. All of the red, multi-million share dumps always occur very close together; never punctuated by a green ‘buy’. They roll across the L2 screen almost always in a tightly-knit formation; never randomly generated by 8 or 9 ‘sell’ orders. No. The execution of those sell orders is always accompanied by a BURST-LIKE effect on our screens. The ‘dump’ always seems to stem from the actions of a single seller, who has no doubt executed previously prepared orders. The seller also seems oblivious to, and uncaring of, the price at which he/she/it is parting with those valuable shares. Who would sell (on a regular, daily basis) huge quantities of shares (at the absolute lowest historical price imaginable) in a company that holds over +$80,000,000.00 of verified NOLs, and who had announced that it was in negotiations to execute a reverse merger?
So… let’s round up the likely suspects, and beat the truth out of them:
(A) Kool Telecom: CEO Wells is now an “insider”, due to the fact that he possesses extraordinarily valuable information about the destiny of ASYI. He’s also someone whose very words can instantly affect the PPS of ASYI. He now KNOWS whether or not an R/M will actually take place. So let’s assume that hundreds of millions of shares of ASYI stock have already been transferred to him in preparation for that R/M. And lastly, let’s assume that he’s stupid enough to have decided not to wait for the mandatory 1-year restricted period to end; nor even to even file a required Form 4; but to begin to sell his shares RIGHT NOW (at the lowest price they’ve ever been in their entire recorded history … and to hell with the fact that if he waited until AFTER the R/M announcement, he could probably sell them for 5, 10, 50, or even 100 times their present value), and that HE’s the guy behind all of those daily dumps! IS THERE ANYONE STILL LEFT IN THIS MISERABLE TRADE WHO NOW BELIEVES THAT ANDREW WELLS WOULD BE STUPID ENOUGH TO DO THIS??!!
But let’s go even further: let’s say that Andrew KNOWS that the R/M will NOT be announced. Were that to be the case, then Andrew would have received no ASYI stock (correct ?), and so he’d have nothing to dump into the open market each day (correct?) … so this segment of the scenario ends very nicely.
(B) Beatty and ASYI’s controlling shareholder: Again, each of these two entities is an “insider” for purposes of the punitive sections of the securities laws; and they ignore those laws at their EXTREME PERIL. But for sake of argument, let’s assume that Beatty and the controlling shareholder are just as stupid as Andrew Wells is, and they don’t give a d@mn about the prospect of going to prison … but instead, hatch a scheme to start dumping hundreds of millions of shares, on a daily basis. Let’s also assume that they’ve been at their scheme for a while now, and that the PPS has finally sagged to $0.0002 by virtue of their sustained efforts. Have these two criminal “masterminds” had enough by now? No; they are STILL dumping millions of shares of ASYI, on a daily basis’ as if their greed had suddenly (and completely) possessed them of their better senses … greed that could have been far more favorably stoked if only one of them had had the brilliant idea to make some small announcement regarding the pending R/M … an announcement that would have surely seen the PPS rise SOMEWHERE above the stinking $0.0002 that they’re now dumping at. AGAIN, IS THERE ANYONE STILL LEFT IN THIS MISERABLE TRADE WHO NOW BELIEVES THAT BEATTY AND DYNAMIC WOULD BE STUPID ENOUGH TO DO THIS??!!
This then leads to the inescapable conclusion: if Andrew Wells is not selling, and if Betty and Dynamic are not selling … THEN NOBODY (THAT’S HOLDING HUNDREDS OF MILLIONS OF SHARES) IS SELLING … AND THE STUPID RED LIGHTS THAT YOU SEE ON YOUR L2 EACH DAY ARE JUST “VOODOO TRADES”, CONJURED UP BY THE MMs TO FREAK YOU OUT. The reality of those so-called “daily dumps” are no more true than the deceptive behavior behind the “fake walls” now employed by ETRF, as well as the undisclosed shares held by MAXM when it’s at the top of the Ask, waving a 5,000K sign. IT’S ALL NOTHING BUT CRASS DECEPTION, CONJURED UP TO FREAK YOU OUT.
So be calm. Be informed. Be traders. Make money.
P.S: I have received a growing number of complaints about the length of my posts. I have even been referred to as the “resident novelist” here. These complaints and snide comments are as unkind as they are unproductive. This is an extremely complicated trade. Many, many undisclosed factors are at play here. Thoughtful considerations and analysis of that complexity simply can’t be done in one or two paragraphs … must less in one or two sentences. Those who are controlling this trade are most afraid of careful, plodding ANALYSIS, and would therefore prefer to see posts that limit their content to that which appears each day on the L2 … and not WHY it’s appearing on the L2.
But as I have no desire to offend ANYONE here with the length of my postings, I would urge each of you that are in fact offended … to simply put me on ‘ignore’, and press-ahead with what it is that you believe is truly happening here.
AI
