lol.lee sometime ago, said this in a CC.Maybe the traders will go away,if they do not like it,and the stock will move up.
They are watching the list every month.They look at the activity of the shareholders,from the previous month.what shares they owned then,and what shares they own now.There are some big shareholders.
Most companies do this for decades.It is NOT something new.
LET ME TELL YOU A LITTLE SECRET,THAT I KNOW FOR 27 YEARS WHEN I WAS TRAINING A SPECIALIST MM ON GM STOCK.HE HAD TOLD ME,THAT ONE PHONE CALL FROM HIS ASSISTANT TO A BROKERAGE ACCOUNT THEY CAN FIND OUT WHO THE SELLER,AND HIS NAME IS,AND WHAT POSITION ETC.SO IN OTHER WORDS IS LIKE PLAYING POKER AND THEY KNOW YOUR CARDS.SO IF YOU HAVE A BIG POSITION,AND THEY KNOW YOUR CARDS,YOU ARE BASICLY FD.IF YOU ARE A TRADER FLIPPER,AND HAVE ONE TRADING ACCOUNT ONLY.ESPECIALLY IF YOU PLACED A SELL ORDER GTC.
THEY WILL DO WHAT EVER THEY CAN TO SHAKE YOUR A$$ OUT,BEFORE THEY MOVE THE STOCK UP.LATER 15 YEARS AFTER I WAS IN A STOCK,WITH THE EX MM.THE WAS SOMEONE THAT KEPT SELLING AND SELLING AND SELLING.THE STOCK WAS NOT GOING ANYWHERE.SO ONE PHONE CALL TO E-TRADE VIA ANOTHER PARTY EX ETC,FOUND OUT THE SELLER'S NAME POSITION,AND THE WHOLE 9 YARDS.IT WAS UNREAL.
ALSO THE COMPANIES MANY TIMES WORK WITH A MM.THAT MM CAN TELL THEM WHERE SHARES COMING FROM.POSITIONS ETC.
REMEMBER WHEN I SAID I HAD 6,5 MILLION SHARES???I HAD TOLD MY BUD,THAT IF I SELL OUT THE STOCK WILL GO BALLISTIC.SO I SOLD BACK THEN.ONCE THE MMs GOT THE GREEN LIGHT I WAS OUT THE OF STOCK ROCKED TO .037.THEY HAD A FREE FIELD.LOL.
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