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Posted On: 05/23/2017 1:28:33 PM
Post# of 39368
I do lack the knowledge of how that works.
It's estimated they need to cover beginning at about 3 cents. I do not understand why they would not cover earlier.
They have to cover " X " amount of shares. Why wait for 3 cents when you can buy the same shares at .01 or ?????
The answer is it depends if their gamblers or gurls in panic mode. I choose the latter.
A buddy of mine remembers a stock that went for triple digits to .20 cents in two days due to Illegal NSS having to cover ...... With a 3 Billion O/S count. Teco is at about 2 Billion and much more volatile IMO
They will not admit it but IMO they began covering last week when the PPS popped from .0001 to .0004 .... Most likely a long who had a Market Order in and forgot to cancel the order. And a shorty happened to get lucky.
This post can be copied and sent to the SEC and FBI if chosen to help them put me away for 10 years ........ lol
It's estimated they need to cover beginning at about 3 cents. I do not understand why they would not cover earlier.
They have to cover " X " amount of shares. Why wait for 3 cents when you can buy the same shares at .01 or ?????
The answer is it depends if their gamblers or gurls in panic mode. I choose the latter.
A buddy of mine remembers a stock that went for triple digits to .20 cents in two days due to Illegal NSS having to cover ...... With a 3 Billion O/S count. Teco is at about 2 Billion and much more volatile IMO
They will not admit it but IMO they began covering last week when the PPS popped from .0001 to .0004 .... Most likely a long who had a Market Order in and forgot to cancel the order. And a shorty happened to get lucky.
This post can be copied and sent to the SEC and FBI if chosen to help them put me away for 10 years ........ lol
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I expose those connected to Hedge Funds and Illegal NSS to help protect penny stocks from their vicious attacks trying to BK the company for the benefit of HEDGE FUNDS. I've received NO compensation in any form for such, except for a few thank yous...
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