Replies to post #25956 on SaviCorp (fka SVMI)

[DFW]

I like your attitude,

But are you trying to convince us or convince yourself?

I look forward to the added volume...

[ICEQUITY]

SVMI PPS will continue to Rally, IMHO

My reason is the following:

What Happens When An HFT Algo Goes Berzerk And Serves Knight Capital With The Bill $ $ wink

Quote: We all know something went horribly wrong in various NYSE-traded stocks today between 9:30 am and 10:15 am. So wrong in fact that the NYSE had to step in and cancel numerous trades in 6 symbols. However it did not DK millions of other trades in 134 other symbols, the vast majority of which we assume traded errantly due to the market making of Knight Capital (as admitted by the company), which today saw its biggest drop ever since going public on volume about 60 times greater than its average. We also all know that one should buy low and sell high. At least that is what human traders are taught, and that is what they attempt. Because if one consistently does the opposite, one will simply run out of money. Well, the opposite is precisely what the berserk algo in Knight's Market Making group may have done if Nanex, which has done a forensic analysis of one of the trades in question, is correct. In other words, instead of at least attempting to provide liquidity via limit trades, Knight's algorithm acted as a market order... gone horribly wrong. As the third chart below shows what the algo did with furious repetition and steadfast consistency was to buy at the offer, and sell at the bid, in other words buy high and sell low. Over and over and over and over. As Nanex laconically notes, "In the case of EXC, that means losing about 15 cents on every pair of trades. Do that 40 times a second, 2400 times a minute, and you now have a system that's very efficient at burning money." Which also means that by not DK'ing several hundred million prints, the NYSE may have just thrown Knight under the bus, because the market maker is suddenly on the hook for tens if not hundreds of millions in inverse market making profits.

Source: http://www.zerohedge.com/news/what-happens-when-hft-algo-goes-totally-berserk-and-serves-knight-capital-bill

What happens when SVMI is less manipulated?

Hopefully we will begin to see the difference... Not a bad time for SaviCorp to turn up the Financial Heat.

Good Nite SVMI!

[bly03]

Although this post is a reply to svmilong, it is really meant just as a general "fyi" to address what I believe is a common misunderstanding on this board. I am just using svilong's post as an example.

svmilong stated:

We will not see the SEC reports tomorrow, as Serge said he has already filed them. If he has filed them, they should appear no later than tomorrow. Don't believe me? Then call the SEC or Edgar yourself. Do you think Serge recorded this Briefing today? Or was it done days ago, or even last week? Where are the Filings? Only OTCMarkets has any unaudited filings, not the SEC or Edgar

(I have seen several others make reference to submitting filings to the SEC or EDGAR)

EDGAR is just a SEC database. It is not a separate entity that you can call. EDGAR is just an acrynym. It stands for:

Electronic Data Gathering, Analysis and Retrieval