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Still think TITNC3: Return of the Iceberg was peak

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

  1. May 18, 2021 at 10:44 AM
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    Someone explain to my mush of a brain - WTF is this, why does it matter? It's only 100 shares, and the other one was only 250 shares, not like there's a huge volume happening??
     
    99TacoDriver likes this.
  2. May 18, 2021 at 10:45 AM
    CowboyTaco

    CowboyTaco $20 is $20

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    I think it was about 4 years ago it happened. A data center tech deleted the wrong machine and it took down the internet on the East coast.
     
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  3. May 18, 2021 at 10:49 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Well..
    She broke through the 10 day avg for Volume...4,500,000
     
  4. May 18, 2021 at 10:49 AM
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    Why would GTII be trading like that? Just an algo doing it, doing limit sales and seeing if they can get it up or down depending what their buy/sell goal is?

    Price looks pretty steady with volume only highlighted during those times you posted.

    upload_2021-5-18_13-49-28.jpg
     
  5. May 18, 2021 at 10:50 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Correct...someone is marking down the price by selling small amounts of shares at market to themselves (possibly naked shorting or spoofing...)
    This is done to trigger stops...and cause longs to sell..
     
  6. May 18, 2021 at 10:51 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    The other was 2,500 shares. It's the accumulation of short volume.

    That's shorts trading back and forth to each other.
     
  7. May 18, 2021 at 10:53 AM
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    Ah - gotcha.

    Man, wish I had more fundage to average down and play this one out :rofl: I am stuck until probably June 10th will be my fundage from XOM for more play monies.
     
    99TacoDriver, Nimble9 and 98tacoma27 like this.
  8. May 18, 2021 at 10:54 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    You and me both. If I didn't have another obligation going on right now I'd be all over it.
     
    GarlicFarts[QUOTED] likes this.
  9. May 18, 2021 at 10:57 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    There isn't a lot of volume on this stock and a lot of it is just shorts. They're trying to shake the tree to get the apples to drop.

    https://otcshortreport.com/company/GTII

    upload_2021-5-18_13-57-41.jpg
     
  10. May 18, 2021 at 11:03 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    BudFriendguy[QUOTED] likes this.
  11. May 18, 2021 at 11:04 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    Fohu likes this.
  12. May 18, 2021 at 11:05 AM
    5nahalf

    5nahalf I build dumb things

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    Lucky! wish I got that opportunity! all my spam calls I get are from "the fbi" and want to talk about my case... yet it always sounds like I am talking to dell tech support.
     
  13. May 18, 2021 at 11:05 AM
    kairo

    kairo [OP] >_>

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    GOOOOOOOOOOOOOOOOOD MORNING VIETNAM! I'm not even going through the past 10 pages. Anything exciting happen while I was working?
     
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  14. May 18, 2021 at 11:06 AM
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    I read that a while back when I started playing with corn. :rofl: gave me a good belly laugh.

    I love that people post their shenanigans to /WSB. Also there are some special people out there, people with "only" 17.5 life savings and they put it all on a gamble like that....yeesh. I am an investor, not a trader, I guess that's why I just don't follow that decision.
     
  15. May 18, 2021 at 11:06 AM
    TreeFortRichard

    TreeFortRichard Barcelona Red is the best red...

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    Here's my opinion..
    If we accept there is a trapped short...
    This is daily shorters...
    You borrow 25,000 shares...dump them back and forth to lower the price $0.10 and then buy back...make $2,500....
    Day after day..and this just eats away at share price because of the mechanics of it flushing enough shares to fill the short...
    Basically if you see the volume is 50% short they just dumped and covered and that's nearly ALL The volume for the day
     
  16. May 18, 2021 at 11:06 AM
    99TacoDriver

    99TacoDriver Well-Known Member

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    wash trading to walk the price down and get longs to sell also, creating artificial volume. if they let the volume drop too much each day then the higher the rocket goes when they need to cover
     
  17. May 18, 2021 at 11:06 AM
    GarlicFarts

    GarlicFarts Bertolli Roberto

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    Brian fucked a gourd.
     
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  18. May 18, 2021 at 11:07 AM
    kairo

    kairo [OP] >_>

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    Well, that's a shame.
     
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  19. May 18, 2021 at 11:08 AM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    Agreed, I've been watching it daily...same process...just a different name doing each day.
     
  20. May 18, 2021 at 11:13 AM
    99TacoDriver

    99TacoDriver Well-Known Member

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    i was looking at $TAWNF yesterday and there was a guy on ST that pointed out that when the price went to $5 a few months ago it was only a volume of 1.6m shares that drove it to that price.....daily volume on that ticker is currently in the 100's of millions.

    so how can that happen? what happened on that day for it to jump from 0.16 to $5
    :tinfoilhat:
     
    enforcertaco91 likes this.

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