posted
R.A. personally I don't think it will shake. MM have to cover and it lookst like no where near.
ALSO, again watch volume tomorrow, if it trades the entire float than you can be sure that there will not be a shake, maybe just a minor 10 to 20% sell off at the eod.
posted
There is just that little thing I want to ask TONICMA since you seem very informed. How did you know about the MM's covering their shorts? Where did you get that information from?
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posted
Read the original PAIV thread, there's DD from probably 20-30 different people.
quote:Originally posted by R.A.: There is just that little thing I want to ask TONICMA since you seem very informed. How did you know about the MM's covering their shorts? Where did you get that information from?
posted
Ok... but that specific information about MM's covering their shorts originally comes from what source? That's what I want to know.
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posted
There is no "source" thre's just educated guesses based on the fact that on the day the restricted shreas were sold, something like 1.5 billion shares were traded, and even if every single share bought since that day was Ameritrade covering shorts (which we all know is not true since I and a lot of others here have bought over that time) they couldn't have coevered them all, mathematically.
quote:Originally posted by R.A.: Ok... but that specific information about MM's covering their shorts originally comes from what source? That's what I want to know.
posted
R.A. it is difficult to say but it seems it was pretty obvious when the divi is restricted but people were stating they could sell sell sell. And that vol in the billion for 2 days kinda made it pretty obvious.
This stock ONLY has 27 million shares yet it was able to trade over 1 billion in 2 days time with price decreaseing.
How is that possible.
You put it all together and its pretty obvious
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posted
And... what about the PPS for today... it seems it has started to fold a little bit there in the mid 20's... do you expect it to pass the 0.30's this afternoon?
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The real answer is that no one knows. But theoretically speaking, we can be pretty sure, but obviosuly not positive, that between everyone here holding, it's not possible tha tthe entire short position could be covered. Thta's why there is literally unlimited upside potential if people truly hold as much as they claim, and don't sell.
quote:Originally posted by brackep:
quote:Originally posted by stocktrader22: When is this thing going to be covered and dropping back down again? How long do we have?
posted
So the PPS drop for now is mainly due to weak hands afraid of the MM's shake? Because the MM's absolutely need these shares to cover their shorts and if no one sells... then the PPS will go higher du to the fact that the demand is higher than the offer... am I right?
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I believe alot of us here at allstocks are holding strong, we do know however that Tonic will be selling some partial shares since hes been honest and letting us know. But for the most part I think we are holding strong aren't I right guys
posted
Another question: I'm sorry for bombarding you guys with questions... but what is the interest of knowing the entire float has been trader today... how is that relevant? Just the fact that there's a lot of volume and interest for the stock or is there something else to it?
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posted
Trading entire float bscially means somehting like this.
you have 10 similar houses on market.
You buy it all at say average of $500,000
So now your bottomw line is average $500,000.
You won't sell for a loss so you will sell it higher.
Get my ptoint
selling entire flaot means the float exhanged exhanged hands to a new owner which than means stock will go higher unless you want to take a loss.
Again, for this stock, the entire float trading is not the actual stock since We sontrol a lot of stock. which mean the ACTUAL FLOAT TRADEABLE is lower.
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