OTCPK:DDBXF - Post by User
Comment by
ScarletSpideron Feb 04, 2018 7:30pm
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Post# 27500501
RE:Predictions for tomorrow??
RE:Predictions for tomorrow??without a news release not likely. Yet despite all the very strong positive news release here we are trading way less than where we should be due to all the shorting, manipulating and gong show going on in the US, all this despite managment's best efforts to help get the share value to a more fair and just level. I didn't think that the CEO going to the securities would help because as i said they are part of the problem--corrupt and favoring the brokerages and those who are likely doing all the manipulations and always will. Few shorters will get burnt but from what i have been seeing with trades especially with Patriot One is brokerages selling small amounts of shares which would result in more than 10% in commission on those trades (shares as low as 50,75, 350) on 50 shares for instance at even say $2.00 that would be a trade total of $100 but if people are paying $9.99 a trade which i do through TD that would mean 10% and I don't think that many retailers would be looking to pay 10% on a trade. That is the type of advantage and manipulation brokerages can afford to do for numerous reasons:
(1) they make monies on their client's trades
(2) they make monies on people trying to short
(3) they make monies on private placements and bought deals where they are already at least
20% ahead with no real risk to them
(4) they make monies in finder's fee if they are involved
(5) they make monies on extra warrants--Pat has additionally .30 warrants
Discount brokers make tons of monies on all the trades being placed. Some give level two's others like TD doesn't without x amounts of trades and then they give it at $9.99 a month so i don't use it.
Everything absolutely rigged in the brokerages favor and those who hold all the cards so the best thing for retailers who don't have these advantages is to take some monies off the table when you are profitable or cut losses sooner possibly adhering to the broker's typical 20% up or down you sell.
Now i will not tell people what you need to do but will point out things that are often talked about and tactics as we have our own varying trading strategies. The only thing that i can say is know your strike points and you will most likely come out ahead when you follow them be it sell on the high or at limiting loses.
In any case, the probability is more likely that we will be seeing more of the same again unless there is a news release and even then things look like they will be temporary just as they have been and shouldn't have been.