Replies to post #304140 on Digital Brand Media and Marketing Group Inc (DBMM)

[Harley16]

Perfect explanation. Couldn’t have said it better myself ….

[Carjockey2]

Great post!!!

[CD_98]

The only way the DTCC does not cover if nobody else can is if they halt this stock ticker which they cannot do. DTCC IMO is stuck with collateral damage. They have insurance, but these crooks (the DTCC) still won't want to pay. Tough toenails, they have to. Banks regulating banks. A joke. If it backfires on the DTCC and they have to pay out good. Aside from the speculation as to what will happen I will just wait and see. When the time comes we will find out.

It amounts to Kramers and Alpine banished from the stock market for good if they cannot cover. Anyone associated with them. They are done IMO.

HAM was saying they will probably move their offshore accounts further out into others that are non tracible.

#DBMM

[15for2]

Alpine decision is tomorrow I believe,
they obviously don't have the funds to stay liquid, so that means their clients (Kramers) don't have enough either.
So the most likely outcome is Finra gets their wish tomorrow and Alpine goes belly up, good riddance to bad rubbish.
They(alpine) have Errors and Omissions insurance, to pay up most of their short problem, if not then they go BK. Assuming they go BK, the DTCC inherits the problem, all of these market participants are connected to the DTCC, so if they have an outstanding short that needs covering the DTCC can just take what they have in their accounts, and the bill has to get paid, period. If there isn't enough to cover the bill then the DTCC initiates the buy-in. As I said, we all will know it by the 'forced' volume, have seen it before and made nice $$$$ during the covering. Today looks like retail loading up. What I have seen in the past is steady volume with closing prices at or near the high of the day, and then it continues the next day and the next day etc until the short gets bought in, there is a specific timeline that a market maker explained to me how this works, but basically the gist of it is watch for volume to continue, and then it will drop off then we'll know that most of the short is covered, it can take awhile.....at any time the covering can stop, so we won't really know until after it is done, so trade accordingly, imo.
Plan your trades, and trade your plan is the best I can offer and don't be surprised if it goes up a lot higher than where it is, was in one in recent past went from .011 to .93, another went 1$ to 20$, before they crashed, you never know where things top out, so it's hard to tell and we don't have access to the info that the DTCC has, nor can we get it......
$DBMM