saxonia40271
9 months ago
The number of these transactions is highest in November and December, but people take losses and close positions every day, including dumps at five zeros. Only they know why. A possible alternative to loss-taking is that the seller previously allowed a tax-motivated seller to dump these shares on him, and now, heβs no longer interested and has passed them on. The fact is that someone settled for 1 Dollar per 1 million shares. Itβs too bad that retail canβt place these bets, or you could just buy up hundreds of tickers like that, and hope that youβll get lucky with a few of them. Even selling at the regular minimum bid would produce gains of 9,900%. The only problem is that the amounts always remain minuscule.
subtlerise
1 year ago
here are some of the higher volume days since March 2023
Mar 30 2023 0.0001 0.00 0.0% 0.0001 0.0002 0.00005 1,415,362,565
Mar 31 2023 0.0001 0.00 0.0% 0.0001 0.0001 0.000001 66,686,994
Apr 04 2023 0.0001 0.00 0.0% 0.0001 0.0001 0.000001 27,397,897
Apr 11 2023 0.000098 -0.00 -2.0% 0.0001 0.0001 0.000001 34,456,998
May 11 2023 0.000098 0.00 0.0% 0.0001 0.0001 0.00005 555,155,192
May 15 2023 0.0001 0.00 2.04% 0.0001 0.0001 0.000001 138,888,245
May 18 2023 0.0001 -0.00005 -33.36% 0.00015 0.00015 0.0001 81,416,367
May 19 2023 0.0001 0.00 0.0% 0.0001 0.0002 0.00005 34,698,295
May 19 2023 0.0001 0.00 0.0% 0.0001 0.0002 0.00005 34,698,295
May 22 2023 0.0001 0.00 0.0% 0.0001 0.0002 0.000001 30,483,300
Jun 01 2023 0.0001 0.00 0.0% 0.0001 0.00011 0.0001 19,310,001
Jun 08 2023 0.0001 -0.00005 -33.36% 0.0001 0.0002 0.0001 33,647,298
Zorax
2 years ago
Yeah, AU, that was a weird attack of the giant robo traders. I saw the strange action early on with a handful of pennies I was not involved in and went live on my platform watching probably the first couple of days. Then so many zombies, dormant and dead started trading thousands of mini trades like 40 at a time per sec. This was across all brokers of course.
I've only seen manipulations like that with paid campaigns years ago, but this was a ton of zombies going off at the same time. It rose and peaked in two weeks then slowly faded from sub penny and I saw the flow go into the higher exchanges.
It looked like to me a group, maybe the same who trashed amc and other bigger names maybe robinhood wondered if they could do that to subbies and did an experiment. From .00001 to almost 3 cents was gigantic when you bought and owned 100K of a zombie @ .0001 and all of a sudden you can sell it for a well over a penny.
I sold blackout at the high and made like 1000%, something I've never made before in days, let alone years. I moved out 13 zombie stocks I've held or forgotten about. About 6 months before I think scottrade was selling out to TD Ameritrade and they sent me letters about taking a bunch of my stock because they claimed they were worthless and taking space and funds or whatever. They pulled two off my account, I got nothing and charged me a fee. Then I sent them letters (like I had any kind of influence lol) and told them I was going to sue them if they took another stock because almost all my stock still was listing the SOS's and had bids.
They actually stopped. 5 of those they wanted to take were in the groups that started trading up into the pennies. They take your stock you paid for, I don't believe it just goes away. At the very least I believe brokers sell dead stock off to some clearing houses.
Have a safe New Years.