Do they make money on the spread? Seems highly automated and coordinated. For them it must be pocket change. They can do this all year.
By Blue Go To PostDo they make money on the spread? Seems highly automated and coordinated. For them it must be pocket change. They can do this all year.
The point isn’t to make money in the spread I would assume, I would assume it’s to accumulate shares at lower prices. The second one of their sells or buys compete another goes up. Retail investors who don’t pay attention to this are all panic selling
Every one of my OTC positions is doing this right now .... every fucking one lol 😂
By Fenderputty Go To PostThe point isn’t to make money in the spread I would assume, I would assume it’s to accumulate shares at lower prices. The second one of their sells or buys compete another goes up. Retail investors who don’t pay attention to this are all panic sellingI know about driving the price down to scoop up cheap shares after some hit piece from a twitter account or CNBC. What I mean on the spread is don’t they have to pay short-term capital gains tax on those tiny gains? Sounds like accounting hell but what do I know.
Every one of my OTC positions is doing this right now …. every fucking one lol 😂
By Fenderputty Go To PostI’m waiting for XMET to get into the low .005’s to load up more. 😛
XMET players look similar 😂
By Blue Go To PostI know about driving the price down to scoop up cheap shares after some hit piece from a twitter account or CNBC. What I mean on the spread is don’t they have to pay short-term capital gains tax on those tiny gains? Sounds like accounting hell but what do I know.
Ahhh yeah all these micro gains may add up
The amount of retail investors on stock twits just screaming “ why is this dipping on good news, I should sold at .05 now I’m holding the bag” is amazing right now
By Fenderputty Go To PostThe amount of retail investors on stock twits just screaming “ why is this dipping on good news, I should sold at .05 now I’m holding the bag” is amazing right nowPretty clueless indeed. You picked up on the game/market manipulation pretty quick.
By Fenderputty Go To PostMM’s workin’Their algos are working overtime. If GME gamma squeezes into an infinite short squeeze they’re going to have to liquidate the whole market. Puts on $SPY.
By Blue Go To PostWhy not take off limit orders? MM’s can see those and will bring a price down to trigger them.I'm fine with the ones triggered but yeah good point. This whole system is rigged!
I was hoping the MM’s would beat up on TSNP and NSAV more honestly. I was in long anyway and will increase my shares tomorrow in both positions.
AABB seems like a bad business model so I’ve avoided a position. Gold backed crypto currency? That you have no access to actual gold too? Why? We tried this lol
my saving grace keeping me green is energy plays.
its a hot sector atm.
its a hot sector atm.
By Fenderputty Go To PostAABB seems like a bad business model so I’ve avoided a position. Gold backed crypto currency? That you have no access to actual gold too? Why? We tried this loltalk to me fam. how so?
We used to have actual currency based on gold. It is not a good model for a currency. It’s volatile because commodities are. Why not just buy gold? From what I understand, they use the speculative value of the token to buy the gold on the back end too too. So it’s always seemed like more of a short position to ride hype rather than a token tbats going to have a solid long lasting value.
I like hUmBL and NSAV because they’re just brokers with services for a growing crypto market. hUmBL offers the market place with its app and virtua-broker offer their AI driven investment platform. Both function secure wallets for funds. I feel like both have big long term upside. Especially with more direct mobile payments
By Fenderputty Go To PostLTUM may actually get beat up enough I want in on a position 🤔Look into SXOOF.
By Blue Go To PostLook into SXOOF.
Added to watchlist for some DD ... I’m also following RAREF which is cheaper than both currently
if HMBL plays their cards right by penetrating 3rd world countries, can you imagine even if they reach a fraction of paypal market cap?
too bad they reverse split, forcing retail investors on the short end of the stick was a dick move.
too bad they reverse split, forcing retail investors on the short end of the stick was a dick move.
By Fenderputty Go To PostAdded to watchlist for some DD … I’m also following RAREF which is cheaper than both currentlyLLKKF for your DD.
now way he types "major Wall Street investment banking firm" every single time. gotta be a copy and paste.
News has not mattered. Lol
MM’s feasting
Edit: god damnit! The price went up? Nooooooo my cheap shares tomorrow are getting more expensive!
MM’s feasting
Edit: god damnit! The price went up? Nooooooo my cheap shares tomorrow are getting more expensive!
not completely happy when it tanks because market cap goes down but buy those dips,
not happy when it breaks out because you wanted to buy more the next day.
*shrugs*
not happy when it breaks out because you wanted to buy more the next day.
*shrugs*
By Kabro Go To Postfender, you're chasing aren't you, bruh?🤣
By Kabro Go To Postfender, you're chasing aren't you, bruh?
Nope ... hoping it dips again tomorrow lol
Was gonna buy about 70k shares in NSAV at .019 and in an hour it’s back to .028 lolololol
Fucking missed it
Fucking missed it
By Blue Go To PostHaha! Happens to me all the time.
All week the MM’s tracked down .... I get paid tonight at midnight lol
FUUUUuU
If it can stay in the low .02’s tomorrow I’ll still pull The trigger. Still want to increase my position in Himble too. Toying with a couple hundy more In XMeT
My etrade clears tmr so I need them to walk it down at least one more day.
Plz, MM’s. Use your algos on XMET for one more day. 🙏
Plz, MM’s. Use your algos on XMET for one more day. 🙏