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07/08/13 8:41 PM

#83571 RE: Ettore Bastianini #83569

Thank you. This is why I still have some hope for Ihub lol

Also I like this:

Oh, and T-trades mean nothing. It's a consolidation of older intra-day trades that were settled afterhours on the MM's books. Why would anyone sell millions of shares on a block trade way below closing price with huge buying pressure into the closing bell? It's not a current trade and does not reflect where the stock is going next day.



$BMSN

PG

07/08/13 8:41 PM

#83572 RE: Ettore Bastianini #83569

You just gave me goosebumps and that is hard as hell to do!

Dang!!!!!!!!!!

TYVM.

:-D

swing_trader

07/08/13 8:42 PM

#83574 RE: Ettore Bastianini #83569

Very well said. I said a few things similar to what you said a long time ago on another board. All the new traders laughed at me. One person on any board screams "burn shorty burn" and they all join in not knowing a hill of beans what they are talking about. If I had a dollar for every time I heard that this stock or any other penny will be the granddaddy of all short squeezes then I wouldn't need to trade anymore. 99% of these traders have no idea what it takes to be able to short pennies

Wisebuys

07/08/13 8:43 PM

#83575 RE: Ettore Bastianini #83569

You are correct, retail is not shorting here it is institutional investment groups such as NITE and SUNR that are.....NITE alone does about 20 million dollars in trades a day, so they are certainly able to short penny stocks.....
http://www.otcqx.com/qx/market/marketMaker
Knight Execution & Clearing Services LLC $7,805,593
Today was a slower day for NITE only $8 million in volume not bad....

As an aside note, those shorts are usually not posted till about 6:00 pm EST time. Those figures show selling and covering, and have been quite accurate in the past..........

Much of the run today was mm's buying from themselves, I was watching L2 carefully..............

1~Eye~Jack!!

07/08/13 8:50 PM

#83576 RE: Ettore Bastianini #83569

Awesome Post!! Go BMSN!

JE2374

07/08/13 9:01 PM

#83582 RE: Ettore Bastianini #83569

Wow, just gonna say thanks for enlightening
us, that was profound.

slb5150

07/08/13 9:31 PM

#83589 RE: Ettore Bastianini #83569

good info...thx, JN!

Pian0wire

07/08/13 9:46 PM

#83592 RE: Ettore Bastianini #83569

Great post Jorge. I see alot of "newbie" questions/comments here on this board. Most of the time it's from those who have the time to constantly post. Thanks to you for hopefully once and for all straightening out the newbie statements about the shorting.

We'll be moving up from here.