RE:RE:RE:RE:Lol all or none ask wall is backGem can't own more than 25% of the shares so they aren't getting ownership here with 4 million shares. The fact that Stage's first draw down was only $280,000 on 25 million available is what is very telling. Why would they only take 1% of what is available if they didn't care about dilution. They could have easily taken $2 million or 45 million shares on first draw down. This is staying in the range until we get news of a partnership and than it will be interesting to see what Gem does. So posts on here mean nothing and is a waste of time.
Jonnyboy85 wrote: Look up GEM, theyre only goal is full or partial ownership, can't get away with penny flipping and still do that, would all come out in the wash. Nice play at a soft bash tho
LithLover wrote: Don't forget Gem has 2 goals here.
1) They received 4.7 million shares at 0.06 (or rather 0.05918) on the first draw down. So if they can sell at 0.065 that's $27,000 in profit. Now I'm sure they want more than that so they will wait until a run up and sell or try to sell at 0.07 or higher.
but
2) They also want to keep the price down so that Stage comes back in a couple months wanting another say $200-300k in proceeds and since the price is based on a 10% deduction to the 5 day volume weighted average price they don't want that to get too high.
So why not keep it in this very controlled range and pay their shills to keep posting. When it runs they will sell quickly and force it back down so any draw downs are at a lower amount. Rince repeat. What fun games
Jonnyboy85 wrote: In case you'rea novice or complete idiot, an all or none order used this way prevents people from buying unless they want to buy the entire order, essentially creating an artificial wall and traps the price temporarily here unless someone wants to drop tens of thousands of dollars on one order, this also forces people who want to put in real orders to sell down into the bids or wait in line behind the giant order of the very same people creating the wall, so the manipulators you see here have orders on both sides of the market to control your options. They are getting their bids filled at 0.065 and asks at 0.07 or higher when they lift their wall. Penny flipping market manipulation at its finest with your favourite spammers here encouraging you into whichever direction makes them the most money
Jonnyboy85 wrote: Wonder why hahahha man I love the desperation