Replies to post #100228 on CMG Holdings Group Inc (CMGO)

[Calmwind]

Thank you for the insight! Well put.

[poincianamike]

Glenn will take care of this problem, guaranteed. Happened several times over the last few years, esp. in March and April of 2019. Great time to buy for those who know the CEO.

[Small Time Tina]

I can see that as bring true. Because the big bid at the beginning of the day that kept bouncing around was mine but i moved it down because when I had it sitting at .0075 for some reason the low of the day ended up being .0074 even though my order had not been filled so I moved down but not too much in an attempt to hold some kind support line but after they filled my order everything went crazy.
One person can only do so much if everyone else is drilling down to get cheaper shares.

[just4fun2]

Thank you Ferg ! Hopefully this turns and bounce up tomorrow!

[TradersQue]

On point, that was clear at EOD on L2's, pure attack. Either a group short or trying to go 400% from here. Many pros loaded this, guessing there not budging at this action today. Morning will be interesting. GLTA, CMGO.

[free bird]

A bear raid is exactly right.. guess who knows where the stops are? ppl shouldn’t use them in penny mkt
CMGO
MM’s are crooks

[PlayMoneyBS]

I thought it was called a "Pump and Dump."

#IfItLooksLikeIt
#SmellsLikeIt
#AndSoundsLikeIt

[~ Blue ~]

Totally agree Fergus:

What you witnessed there was what we used to call a bear raid.

A concerted effort by a group of short sellers to artificially effect the price of a stock by manipulating it downward. There were a number of times today this group was trading with itself to distort this stock and make it look like there was more selling than there was.

You ask isn't this illegal?.... and the answer is yes. The problem is trying to get anyone to do something about it. There is no question that this was naked short selling for certain. You can't borrow enough to do this on the straight and narrow. This doesn't have anything to do with this being fully reporting or not, this has to do with picking a target and blasting away.

Cmgo is just starting to really get things going.... and then this.

I don't have any real answers but I wanted to share one mans opinion with the crowd and I am very sure I am right.

[~ Blue ~]

That is why the company should buyback at least 50 million shares retire them awesome price..

[learningthetruth]

Agreed, just dumped at market on purpose. I’m thankful b/c 2 of my bids got filled. Definitely Intentional.