posted
Enough with the dilution talk, this is pure naked shorting. Do you really believe that with the millions of shares short, they won't pull out all the stops before they get caught with their pants down. Also, Wednesday is Shortsday. Look at the market as a whole.
-------------------- May your path be well paved and well lit.
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posted
Volume is so low because the shares that are sold don't really exist. The trades are only for depressing the price in hopes of releasing sell orders. No sellers existed below a penny, so when the gap occurs throw a bone of 5000 shares at the bid to lower the last trade. Naked shorting is fraud. I find it hard to believe that many of you have not seen this before.
-------------------- May your path be well paved and well lit.
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i'm confused, what do you mean "releasing sell orders"? if the sell price exists above a penny, why would traders want to "depress" the price, wouldn't they want to "raise" it?
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posted
etrade ask/bid is up to .0086/.0087 any chance for an end of the day rally?
also, if china has banned PVC containing food wraps, how likely will it be that other countries follow suit? other asian countries (e.g. korea & japan) seem to be jumping on board.
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posted
I noticed how fast the responses. That's the sell orders that were released. No stop losses, I know, just pissed of investors watching their screens too closely that when the price drops they, out of frustration, sell. That's releasing a sell.
-------------------- May your path be well paved and well lit.
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posted
mm's are bad. They bid whack with small orders at the bid....take out stop losses if there are any and try to create a sense of panic in order to cover at lower prices. Lack of buying pressure makes it real easy for them. I for one can't wait for the stock to finally be off the Reg Sho list.
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posted
thanks for the info Run.....i guess i've been guilty of "releasing a sell" out of frustration. patience is a virtue i suppose i lack.
nevertheless gonna hold out and hope for some great PRs. china is too big a market to ignore and seeing as how DIAAF has exclusive marketing rights there (http://www.diamantfilm.com/press.php?id=60&list_page=2) things seems ripe for a run.
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posted
sjk, same here. The only thing that bugs me is that I didn't flip it at .014 to buy back in at these levels. Could of really increased my share count. My average is in the .009's so currently in the red.
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posted
kt, i TOTALLY understand about the flip * .014, the day it ran up i was like, "flip it, cause you know it'll atleast go back to .010 and you could load up on extra shares.
i guess my patience got the better of me that time..
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quote:Originally posted by Run4cover5: Volume is so low because the shares that are sold don't really exist. The trades are only for depressing the price in hopes of releasing sell orders. No sellers existed below a penny, so when the gap occurs throw a bone of 5000 shares at the bid to lower the last trade. Naked shorting is fraud. I find it hard to believe that many of you have not seen this before.
How can this be naked shorted if it is on the SHO list? Matt
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posted
one thing that bothers me about this company is that their PRs about not really big things, like sending samples for testing (as opposed to obtaining successful results). and the PRs about securing of the rights for the China etc. at first seem impressive until you read closely and find out that the rights were given by another branch of the same company to distribute their own product, at least that's what it sounds like.
on the other hand they got their web sales up so i don't think it will dip down too much further.
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posted
11 MMs are waiting at .008 They can't do anything but trade to each other because no-one is selling. Now it becomes more difficult to manipulate because the news leads one to say this company is worth more than that. So what follows is potential sellers become more and more hardheaded. Did u see the BS they pulled with that .0057 trade. Then it was tryed again later in the day but was cancelled. 11 MMs are waiting at .008 and they need millions of shares to be satisfied.
-------------------- May your path be well paved and well lit.
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posted
Ok, I've been on the phone with Canadian exe. and diaaf is being de listed. The Minister of Foriegn Finance served them with notice on 12/5 they will be dropped for ''default on Corp. Tax. You can reach Mary their at 416 314-8880 to confirm..I'm clueless as to status in future in u.s.The guy never takes a call from me,she gave me the Canadian number for diaaf.I doubt I can get anything out of him. The t/a's number is 416 361-0152. I know you have a lot riding on this or I would not have dug in so deep.
Ok, I've been on the phone with Canadian exe. and diaaf is being de listed. The Minister of Foriegn Finance served them with notice on 12/5 they will be dropped for ''default on Corp. Tax. You can reach Mary their at 416 314-8880 to confirm..I'm clueless as to status in future in u.s.The guy never takes a call from me,she gave me the Canadian number for diaaf.I doubt I can get anything out of him. The t/a's number is 416 361-0152. I know you have a lot riding on this or I would not have dug in so deep.
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