Posted On: 02/23/2016 5:20:21 PM
Post# of 8802
Re: Ronin_Trader #1916
TALK is not going to run until we get news and here's my reasoning for saying so.
Market Makers job is to make a market, but they don't have enough shares of TALK in order for this to happen. Its locked up by longs and we're not selling so where is shares going to come from.
If they let a mini run happen they have to start naked shorting? I am pretty they're not interested in doing that. So basically the safest thing for them to do is exactly what happening. Allow shares to move up and down two or three ticks until news.
All we can do is load up on shares or flip some shares until news. Its a waiting game for everyone IMO.
I still think there's a massive number of fake short still out there not accounted for. check for yourself.
http://otce.finra.org/MonthlyShareVolume
March --- 1,186,985,835
April --- 1,277,280,726
May --- 2,148,825,500
August --- 1,164,086,670
6,094,976,811 shares traded before the merger
Since the 8-K was announced TALK has traded just under 4 billion.
Market Makers job is to make a market, but they don't have enough shares of TALK in order for this to happen. Its locked up by longs and we're not selling so where is shares going to come from.
If they let a mini run happen they have to start naked shorting? I am pretty they're not interested in doing that. So basically the safest thing for them to do is exactly what happening. Allow shares to move up and down two or three ticks until news.
All we can do is load up on shares or flip some shares until news. Its a waiting game for everyone IMO.
I still think there's a massive number of fake short still out there not accounted for. check for yourself.
http://otce.finra.org/MonthlyShareVolume
March --- 1,186,985,835
April --- 1,277,280,726
May --- 2,148,825,500
August --- 1,164,086,670
6,094,976,811 shares traded before the merger
Since the 8-K was announced TALK has traded just under 4 billion.
(0)
(0)
Nothing I state is intended to be a recommendation to buy or sell, opinion only. Readers are solely responsible for how they use the information.
Scroll down for more posts ▼