posted
BooDog , also someone had made a comment on a different thread somewhere that they knew how many shares a MM has to sell on on a stock ,like they said SBSH only has 500k shares left , is it possible to see haow many shares the MM has ? I see the blocks size besides the MM but not the actual ammount of shares they hold.. Just wondering if its possible .. Thanks
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quote:Originally posted by Gary59: BooDog , also someone had made a comment on a different thread somewhere that they knew how many shares a MM has to sell on on a stock ,like they said SBSH only has 500k shares left , is it possible to see haow many shares the MM has ? I see the blocks size besides the MM but not the actual ammount of shares they hold.. Just wondering if its possible .. Thanks
good question. I have no idea. You can watch the level IIs and see who the lead MM is -the controller so to speak. I saved a post from somewhere that said who the most common MM's are for certain types of stocks - be it pinks - OB- amex ect. imo you can watch and see which MM is buying and when during certain stages at certain prices. if you watch close enough you may be able to figure out when they buy and when they sell, go with the flow right? there is much more on this and may be discussed in Tex's reference thread in general investing topics. There usually is one or 2 mm's that control the pack so to speake imo. but finding out how much they hold? unless it qualifies as insider doubt you'll find out.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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back when lex/nomi/momo was really wound up, he had an alias at one board that purported to be able to share such info... other than that, I myself have not run across claims to have access to that info...
because MM's allowed to trade for the company store, is unlikely it would be "public knowledge"
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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folowing the lead MM on any given stock to me isn't that hard to figure out. The big WIZZZZ would be to dup the mm and make a run for it... would that be possible? doubt it. commercial break would end before the show starts and so would the run. You need MM's on the ask to show positive flow imo. Who are they?
consistancy. Who keeps showin up at the trough time and time again
for what it's worth... anything can change at any second
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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lol, I remember one last summer...can't recall the ticker offhand, but the spread and sales going though were clearly the signals for "we'll let it run." And it did...to a point. Seems like it started mid-20s...BUT when it hit 32-ish? NITE soaked up millions on the ask, and never budged...was like light falling into a black hole.
What time is that? Time to BAIL, lol...
can't make a career outta fighting MMs, imo
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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"can't make a career outta fighting MMs, imo"
whew. rest in peace. Just goes back to show who makes the market. You loose the mm's at the bid what happens?
they show up on the ask what changes? I'm still learning all this mumbo jumbo but now... at the heart of the story... it takes a MM to be a MM.
no market.... no sale. imo you can gauge the mms especially on heavy volumes. I am still learning but the engineering techniques can't stop hypothesizing.
sounds like we're singin the same tune tex.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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here it is. Had a degree of difficulty trying to remember which thread this was on and then which date. i saved it on my other puter at work... anyway... post #35047 on the EFGO thread in IHUB
hope it helps a little Gary. ------------------------------------
Posted by: Ebiz247 In reply to: None Date:4/23/2007 11:40:22 PM Post #of 36713
Lots of discussion about different Market Makers. Thought this was an informative post for others that haven't seen it.
Posted by: Bill Panetta In reply to: None Date:4/22/2007 1:36:26 PM Post #of 2315
(UPDATED) Penny Stock Market Makers Who Are the Players in this Game
By Bill Panetta
Let Me Start off by saying this: Level 2 Does not have the same effect like it did 5 years ago except for OTCBB Stocks & Pink Sheet Stocks. What Do I mean By This? NASDAQ is all chart plays, level 2 has no meaning as it once did for NASDAQ Stocks, and too many games can be played now on level 2. Simply put if you don't know how to read the charts you will get killed on NASDAQ Stocks.
With all the changes on Level 2 Traders have been forced to learn TA, You could had a made a killing with level 2 before 2001 with out TA; I have witnesses that have proven this.
And when I make this comment I am talking about regular trading hours, after hour's different story. Bottom Line Level 2 does not have the same effect on NASDAQ Stocks that it did 5 years ago because of the New Super Soes Trading System being implemented in 2001 and along with 1 cent spreads, it was the worst thing NASDAQ ever did for traders IMO. The Traders from 5 yrs ago know what I am talking about.
Let's talk about the 2 exchanges where Level 2 has not changed and having level 2 is really important to your trading. I am talking about The OTCBB & PINKSHEET Markets.
If you learn how to read into Level 2 on the OTCBB & PINK SHEETS it will really enhance your trading. Let's break down the Market Markets.
There are 4 categories of Market Makers let's start by talking about the first one.
Retail Market Makers:
These are the market makers from very popular brokerage firms. They handle a lot of the order flow for small retail investors.
NITE: NITE
UBSS: Schwab
SBSH: Citibank
ETRD: ETRADE
BOFA: Bank of the American
Second Category: This is the list that you really have to master because these are the MARKET MAKERS that can kill a stock in a hurry when there are the sitting on right side of the box on Level 2.
HDSN: killed CKYS single-handedly
VFIN:
CGFL: new kid on the block for sub dilution
RBCM: Old CLYP. Has killed many sub penny stocks in the past to no-bid.
FANC: used to be a heavy S-8 seller. May show up once in a great while.
SSGI: aggressive on sub penny stocks
Third category: There are lot market makers in this category so I will break it down to who are the most important: These are some of the more friendlier market makers on the street.
DOMS: one of my favorites MAXM: VERT: HILL: SALI: can be a seller at times JEFF: FRAN: very friendly ABLE: QUIN: haven't seen him around much lately VNDM: SEAB: MURF: getting active lately STGI: getting active lately VERT: WDCO: can be a seller at times PERT: NIII: BEST: GNLN: nice to see him back again EFGI: can be a seller at times
Category 4: ECN MARKET MAKERS: Electronic Routes these market makers are only used on OTC BB stocks. They do not work for pink sheet market.
ARCA: used a lot by promoters to sell stock TRAC: rarely used any more taken over by EDGX EDGX: new kid on the block
There are probably a few market makers that I left out or there will a few new market makers that show but for the most part these are the major players. Good luck hopes this helps.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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EXCELLENT information There BooDog And Tex, The last post from both of you have answered a LOT of questions about trading and when to watch your 6 in my opinion. Do either of you know about a MM called LAMP, a few weeks back they where hitting either RSDS or PDGT really hard holding in down to beat the band , The odd thing about them was when they are on the ask their price was not showing on my Scottrade quote screen and they NEVER got on the Bid side ,On either . I called them and they gave no information about what they where doing , they where only there for 2 days selling the crap on lower shares holding the stock back and for the 2 days on the stock their ask entry time NEVER came off 8:00 am nut they would come in and out a different times of the day and hammer it back down. I emailed Scottrade and it took a feew emails for them to realize what they where doing then sent an email saying that they would invesitgate the situatione , Then the email I recieved I will past it here:
Thank you for your e-mail. Your response has been forwarded to the Scottrade Compliance Department for review. We appreciate your patience as your question is being researched. You will receive a response directly from the Compliance Department in 7-10 business days. Can A MM be popped in or paid just to dillute a stock? Then I get a letter stating that LAMP is not a participating MM for scottrade that is why they dont show up correctly.. That really does not make since to me , I though MMs where listed by the SEC and all trades where reported through them?? Sorry for the LONG read here but took a while to get most info out .. Gary
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posted
Trades are routed through a variety means...would have to bone up to reply accurately. But the short answer is sure, a given MM might be handling a given company's dilution. As I recall, LAMP is a NITE flunky, but I could be dead wrong, too...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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now back to STTC... give the 10 day charts a look over the 30 day charts. imo the MACD is getting ready to cross, with some news this could start another run. patience for a swing.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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SoftNet Technology Receives HP Extension, CompUSA TechPro Business Provider Status Monday April 30, 4:01 pm ET
ISELIN, N.J., April 30, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corp. (OTC BB:STTC.OB - News) (German WKN:TG6) announced today two significant developments that have a positive impact on current and future business. ADVERTISEMENT
SoftNet's Small-Medium Business (SMB) practice was notified of its selection as a TechPro Business Provider by CompUSA. This selection by CompUSA is significant in that the Company was selected from over 10,000 service providers nationwide to deliver top-notch business solutions. Selection as a TechPro Business Provider will enable SoftNet to benefit from CompUSA generated sales leads, additional service opportunities and access to discounts through CompUSA Business.com channel.
``We are pleased by the significance of this selection. The TechPro status recognizes SoftNet as a top tier business provider having been selected from a group a thousands of providers. It strengthens the existing relationship with CompUSA and further differentiates SoftNet's SMB practice in the market place,'' reported Greg Geodakyan, Lead Technical Manager.
Additionally, HP has notified the Company of an extension to the Business Development Partner Agreement through May 31, 2009. ``The extension reflects the sound business working relationship between HP and SoftNet. While SoftNet's SMB solutions can be configured on nearly any server, the machine of choice by the client has clearly been HP. We are pleased to receive this important extension,'' said Steve Henry, Vice President.
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the company. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by SoftNet Technology Corp. (STTC) may differ materially from these statements due to a number of factors. STTC assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.
Contact: SoftNet Technology Corp. Investor Relations James Booth, CEO 908-212-1799, option 7
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quarterly report should be out within a couple weeks. imo should look pretty good. watching how they are transisting with the new team. we'll see.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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Good morning BooDog , Hope STTC has a good day , little more volume , I wont be able to watch though have to work today . Will be back afternoon though.. Good luck today ...
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quote:Originally posted by BooDog: ... the previous ceo FARINELLA JAMES M, still holds some major shares. look at his average though. I would think he would use a little common sense and try to make money instead of bailing so much at even or a loss.
just a reminder about insider selling also. just in case.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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If you look at the 10Q for June (I think) you will see we have about 60 million shares less now then we did when the stock went to .08 last year at that time. If they can get their overhead cost under control and make a profit we could actually have a keeper. Of course I have been saying that for a while now. TMAN...
-------------------- In the end, trust only yourself when trading stocks.
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lmao Tman... just when you think you see a plan unfolding someone screws it all up. imo they have been spending so much on aquisitions and getting things aligned to what they think will make a decent model. and couple that with the old ceo selling out (hope he holds but have no control eh?) has caused this downward trend. if my guess is right this next quarterly will show the path i expect them to follow with a potential trend that won't get them out of the hole but should at least make some profits and begin to look even better by the end of the year. share reduction would be a key element and how they plan to do that i'm not sure yet but my ears and eyes are watching.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?
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Looks like we close in the green today ,(I hope)and charts still climbing up a little at a time.. A little more intrest in this and it might run soon...
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STTC (.018) Sets Record Month, Reports Q1 Preliminary Results
PrimeZone "PrimeZone "
ISELIN, N.J., May 2, 2007 (PRIME NEWSWIRE) -- SoftNet Technology Corporation (OTCBB:STTC) (German WKN:TG6) is pleased to report, on an un-audited and preliminary basis, results for the first quarter, 2007 and a monthly revenue record achieved in March.
Sales generated from all channels and practices contributed to a new monthly sales record of $836,400 for March. This equates to a $10 million annual run rate, based on the monthly results. In addition, preliminary estimates indicate the Company will report further progress in its effort to achieve profitability.
"The Company continues to make progress on all financial metrics. The record March is a milestone the employee team is proud of. All practices contributed to these results. Even with a calendar uplift for the month the results indicate a solid performance. On the profitability goal the Company is clearly progressing and is within striking distance," said Jim Booth-CEO.
The Company recorded, preliminarily, sales of $2,084,000 for Q1, 2007. This compares very favorably to the same period in 2006 when the Company reported quarterly revenue of $1,093,500. This is the first reporting period where a comparison of year to year continuing operations is possible.
Commenting on the Q1 results Mr. Booth reported: "The first quarter results continued the sales trend established last year and is the fifth consecutive quarter of increased revenue. The Company was pleased with the strong finish as the early months are traditionally slower due to the uncertainty of budgets and projects being renewed. While the Company did experience a limited number of project cancellations, new clients, projects and engagements were secured, contributing to the overall results of the quarter."
Please visit our website at http://www.softnettechnology.com for more information. For Investor Relations, please contact James Booth, CEO, at 908-212-1799, option 7.
posted
Glad to see you here BooDog ,, also looks like ETRD raised the bid at closing today too, so Might be a gapper in the morning when it opens... Hope this is what we where waitin for
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Last year after 1st quarter financials where out this went to .08 per share, I wonder what it will do now with higher revenue.. Hope it runs today
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