I've been with RFMK since May 2011 Wilyfox but I j
Post# of 11899
I've been with RFMK since May 2011 Wilyfox but I just don't post very often because I am in Afghanistan, which is 8.5 hours ahead of EST and the reason why you will see my few posts at odd hours. I mostly just observe and only post when something interesting that could warrant discussion comes up. This happens to be one of those times.
There is a large debate on whether codes/signals are sent or not.
I did post this over on iSuck…I mean iHub as I wanted to see how much flack I would get with the post due to the board being basher heavy (understatement of the century). The funny thing was is that all of the heavy weights over there completely ignored my post. I wonder why that was? If someone posts something that holds no merit (like most of what they say) then they tend to jump on it and squelch it with their facts. I had one rookie try by saying that they could just call each other if they wanted to pass messages. Although this is true, as is the fact that they could email or text each other and call each other BFF at the same time if they so desired, the problem is that all of these communiqués provide a trail of evidence to their intent which is why no MM is going to risk it. Why is that? Because market manipulation is actually prohibited in the United States under Section 9(a)(2)of the Securities Exchange Act of 1934. This just shows the level of bashing brain power that is going on over there.
We know manipulation occurs all the time, especially down in the PINKs. It just easier to do down here in the PINKs because these aren't as closely watched. That doesn't mean that the MMs are going to be open and blatant about it and put themselves at risk. But they can get away with it through plausible deniability. One way this could be done is using codes through non-direct communiqués. Do MMs use codes? I don't know for certain. I just brought it up as a conversation point and to see if those 2 trades that happen to match certain codes that some say do exist come into play sometime this week.
What happens if neither of these signals plays out this week? Absolutely nothing, because it's just as easy to use this as misinformation if it is felt that enough people watching may "think" it is a signal. What they may not count on is a conversation getting started that brings this to the surface for all to see and for others to discuss, thus shifting the leverage of intent away from their planned focus. If news does come out then it will appear that the 911 call was indeed a code. If news doesn’t come out then we have another theory already on the table that you can debate but not prove either way rendering intent moot from either perspective thus nullifying any need to debate it further.
I don't have L2 out here so I am not sure if there were any patterns of buying and selling yesterday that could signal MM covering and support to the possible 100 code caller so if anyone out there has L2 and can share their thoughts to this I would be interested in hearing about it.
I could be totally wrong about this too since these heavily resemble conspiracy theories. It just struck me as odd since it was the last 2 trades of that day only 35 seconds apart from each other and they both resemble past debated code signals. The only question that needs to be answered is WHY?
Is it "911- Hey fellow MMs/BFFs, I found out from my insider source that there is news coming out in a few days so be ready"; followed by a "100-Oh S**t! I need shares my fellow MMs/BFFS so help me out tomorrow". Or was it…
"911-Let's see if we can get some lookers to think this is an impending news signal and get a run on the PPS and then run it back down on them" followed by "100-I'll paint it down here at the end to make it look more appealing for a stronger percentage run and give us a better chance at luring some fish in"
Yesterday's trading from the little I can see doesn't point to the latter since the PPS differential was only 0002 for the whole trading day with no paint in either direction at close and the trading was moderate by recent metrics.
This leads me back to the first "conspiracy theory" and I am interested to watch how the rest of the week unfolds.
None of this really means anything right now (though the speculation is entertaning)since we have a ways to go before RFMK becomes the fully reporting, profit gathering 1000-10,000 bagger that most of us think it can be. Dilution for funding (normal for a PINK trying to succeed) has lowered our PPS to some pretty low levels in the last few months but most of us have used this opportunity to just strengthen our positions, and trusting our DD on what the long term future holds.
A few have talked about a $1 PPS in the future. That is over 100,000% from where the PPS is now. That's a long way to go but with November elections, more states legalizing MMJ in the future, a solid first product already showing strong sales and support, and future products on their way, RFMK can make it happen.
GO RFMK!