Posted On: 03/18/2016 4:32:23 PM
Post# of 713
Not weird to me - the first thing I do when I see nonsense posted is check the posting history - you can see how alternating pumpers / bashers - most of whom are paid by those making profits from huge swings - get their marching orders each day across a number of stocks with priorities set each day.
This was the most extreme effect I have ever seen because we had the combination of tentative bidding across 3 prices .0006>.0008 (then .0004>.0005), possible shorting / covering, possible Remuda buying, and possible panic selling on unverifiable information in the time needed to make a correct decision.
Hence why I would welcome a halt and SEC investigation if someone went to jail as a result. When halts are lifted, there is usually a surge if there was nothing wrong with the routine trading (if it was shown that Remuda were buying to gain control with no wrong doing and an earnest endeavor to do a reverse merger with a company that wanted to go public).
This was the most extreme effect I have ever seen because we had the combination of tentative bidding across 3 prices .0006>.0008 (then .0004>.0005), possible shorting / covering, possible Remuda buying, and possible panic selling on unverifiable information in the time needed to make a correct decision.
Hence why I would welcome a halt and SEC investigation if someone went to jail as a result. When halts are lifted, there is usually a surge if there was nothing wrong with the routine trading (if it was shown that Remuda were buying to gain control with no wrong doing and an earnest endeavor to do a reverse merger with a company that wanted to go public).
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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