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  1. Sirius_Long_Hauler is offline
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    03-12-2009, 10:58 AM #661
    Wirestripper, if you are here, I put in a buy for CPST at .41 a few days ago but I got rejected for some reason. Now, it's at .50 and rising! Highly upsetting!!!!!

  2. relmor2003 is offline
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    03-12-2009, 10:58 AM #662
    Fun to see them show their hand. Hit .17.
    First to underbut that was ....
    You guessed it, our buddies at ISEG, then sure enough ARCA followed again. Getting ridiculuous.
    100 shares came out in droves at is it .17. Not options buying covering, as someone suggested.

  3. relmor2003 is offline
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    03-12-2009, 11:05 AM #663
    Quote Originally Posted by Gallep View Post
    I called again and talked somone else named Brian (He's been a trader for 7 years). As i started to quote Relmor's post, Brian asked me, "How do you know that they are covering their shorts"? I said, "Well that's just what it seems like that's what they are doing, I've only been doing this for about 3 weeks so I'm learning."


    Then Brian went on in saying that, "There is no way for you to see that they are covering their shorts that why i ask. They are allowed to cover their shorts, and you'll prolly be seeing ARCA doing that a lot. SIRI is a penny stock right?"

    Pete: "Yes"

    Brian: "Well then yeah, ARCA will be all over that all day long with trades like that."

    Then the conversation ended with me thanking Brian for helping me out with me being a newbie and all.
    Of course they are going to say that. Tell them ISEG is always undercutting the ask. Thats the key. Right at times when the price is being driven up. Not how you get the best price for your customers. Not it at all. Tell them NITE/ARCA, and ISEG are moving in unison, and in a predictable order.
    Print screen right now. They just did it again. .1699-ISEG. Undercutting .17 again.
    Call them back and ask Brian why ISEG is always undercutting the other market makers, and why ARCA always follows, and NITE creeps down to follow(this is the large block support).

    ISEG just did it two more times while I typed this. Im pissed right now. Total BS. Thought it might stop, but it hasnt. Must be too many large buys still in, or too much shorting covering going on, and they are manipulating it to allow them time to get out. Either way its illegal.

    Plus BOOK 100 shares and FLOW 100 shares are not filling. Just staying there above the other asks at .17. Also suspicisious.

    NITE has a large block on the bid side, but refuses to put it up to current trading levels. They are more concerned about staying back than filling that buy. Dont think .0003 cents really matters that much to the buyer.
    Last edited by relmor2003; 03-12-2009 at 11:11 AM.

  4. Gallep is offline
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    03-12-2009, 11:11 AM #664
    Quote Originally Posted by relmor2003 View Post
    Of course they are going to say that. Tell them ISEG is always undercutting the ask. Thats the key. Right at times when the price is being driven up. Not how you get the best price for your customers. Not it at all. Tell them NITE/ARCA, and ISEG are moving in unison, and in a predictable order.
    Print screen right now. They just did it again. .1699-ISEG. Undercutting .17 again.
    Call them back and ask Brian why ISEG is always undercutting the other market makers, and why ARCA always follows, and NITE creeps down to follow(this is the large block support).

    ISEG just did it two more times while I typed this. Im pissed right now. Total BS. Thought it might stop, but it hasnt. Must be too many large buys still in, or too much shorting covering going on, and they are manipulating it to allow them time to get out. Either way its illegal.
    I'm sorry man; I'm not knowledgeable enough to pull this off. I thought it would just be a simple phone call with some subtle yet specific facts that I could rattle off from your posts and be done with it. This is all Rocket Surgery to me still.

  5. Sirius_Long_Hauler is offline
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    03-12-2009, 11:12 AM #665
    The brick wall at .17 is ridiculous. Relmor, do you think it's a good idea to sell off today at .17 and wait to rebuy? It doesn't look like it's going to break that barrier, and there is no major event to look forward to other than Q1 results which should be horrible. With no news and upcoming bad news, won't the SP be taken down systematically until at least Q2?

  6. mogami is offline
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    03-12-2009, 11:14 AM #666
    it's at .17

  7. relmor2003 is offline
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    03-12-2009, 11:16 AM #667
    Quote Originally Posted by Sirius_Long_Hauler View Post
    The brick wall at .17 is ridiculous. Relmor, do you think it's a good idea to sell off today at .17 and wait to rebuy? It doesn't look like it's going to break that barrier, and there is no major event to look forward to other than Q1 results which should be horrible. With no news and upcoming bad news, won't the SP be taken down systematically until at least Q2?
    Sell off? I would never sell off entirely at these prices. I think .17 has a chance intra day to break. Probably around 20-30% chance. EOD it just might, or AH or PM tomorrow. I would not recommend selling at .17 unless its a small side lot you play with. YOu might be able to rebuy at .165 today.

  8. relmor2003 is offline
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    03-12-2009, 11:18 AM #668
    Quote Originally Posted by Gallep View Post
    I'm sorry man; I'm not knowledgeable enough to pull this off. I thought it would just be a simple phone call with some subtle yet specific facts that I could rattle off from your posts and be done with it. This is all Rocket Surgery to me still.
    Ive personally given up on the SEC from SIriusXM, but I would definately think new blood, new callers wont hurt. Keep it up. MM's hate it when they are called out. Dont worry, pretty soon a video is going to be released where I call them all out, but not by names. I will reveal how they manipulate level2 and people will have some more information to work with. SEC will hate to watch this video production.

  9. Sirius_Long_Hauler is offline
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    03-12-2009, 11:18 AM #669
    I would love to see a surge at EOD or AH... but is there any reason for it to happen? I'd say the CC has mostly been digested by now, I don't think there is a pop coming anytime soon. I just don't want to be stuck in that position that we ALL know so well... waiting for the next milestone while getting systematically taken down each day. I would very much like to be on the sidelines if that happens until after Q1.

  10. Gallep is offline
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    03-12-2009, 11:21 AM #670
    Quote Originally Posted by Sirius_Long_Hauler View Post
    I would very much like to be on the sidelines if that happens until after Q1.
    When can we plan on Q1 coming out again?