Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Data Deposit Box Inc DDBXF

Data Deposit Box Inc develops and operates off-site computer data storage facilities and other business computer applications for commercial business customers in Canada. It offers continuous cloud backup; mobile backup; and email archiving services.

OTCPK:DDBXF - Post Discussion

Data Deposit Box Inc > TD Is Vulnerable
View:
Post by babydraw on Jun 14, 2018 8:21am

TD Is Vulnerable

TD is showing it’s vulnerable side this morning with shares from the 875k dump at .06c for cover at .06c. 

Yesterday we observed a lot of healthy trades = bullish sign of a potential reversal. Referring to a lot of non cross trades yesterday, very healthy sign. 

TD has padded the prospect of covering its 70k bid at .06c with a “head fake” 1 mil share ask at .065c. 

Clearly they are hoping for some weak retailer to hit the bid at .06c and cover some of the 875k short at .06c. 

Not sure there is any shares left in weak hands. We are predicting consolidation at .06c. TD is desperate for .055c. 

We feel there’s something brewing. Jmo.
Comment by KingBill on Jun 14, 2018 8:44am
TD made a typing error. Their 1 million ask is at 0.065 instead of 0.055? LOL
Comment by babydraw on Jun 14, 2018 9:30am
These shares are shorts, which are risky too. Out of the entire 875k dump they did not cover 1 share at .055c. Instead they have been carefully covering away at .06c which indicates they've run out of leverage and .055c is suicide.  Just think they short attacked 875k at 0.06c - when 0.06c wasn't weak enough yet and the last few weak retailers folded like a cheap lawnchair. That is ...more  
Comment by CADInvestor on Jun 14, 2018 10:32am
I like your post babydraw and you seem to be quite informed on the shorting subject, which I am not at all. On my research though, I noticed that from the latest short report there is almost nobody actually shorting the stock: https://shortdata.ca/?c=data-deposit%20box%20inc.-short-sales&sym=DDB.CN Can you elaborate on the info I posted or are you referring more to TD just price manipulating ...more  
Comment by KingBill on Jun 14, 2018 11:03am
Same concern here.  I did not see any short report for DDB recently....
Comment by babydraw on Jun 14, 2018 11:18am
Short positions are reported for those open through the 15th and EOM. If it’s a day to day short and cover which is the case here with the walk down from TD, it doesn’t show on your basic short report.  For example you will not see the 875k short attack because it was mostly covered same day. They missed 350k to cover that day, which have been carefully covered over the last 3 days with what ...more  
Comment by KingBill on Jun 14, 2018 11:43am
Thanks Baby!  It makes sense to me now.  Hope TD got sucked in the toilet hole....
Comment by Timerunner on Jun 14, 2018 7:42pm
Baby is probably referring to the possibility of "Naked Shorting" . NAKED SHORTING meaning. Naked short selling, or naked shorting, is the practice of short-selling a tradable asset of any kind without first borrowing the security or ensuring that the security can be borrowed, as is conventionally done in a short sale. It ends up being covered before it is recorded  (in the open ...more  
Comment by stockvader on Jun 18, 2018 8:49pm
This post has been removed in accordance with Community Policy
Comment by rjlessard on Jun 18, 2018 9:22pm
 You are right stockvader , The only problem here is that nobody listens, everybody thinks this is going to skyrocket but in reality it’s going back to where it was three months ago    Double down double down and double down and get stuck with all this worthless stock  They’re going to have to reverse split for this to go back up again Mark my words just too many people trying ...more  
Comment by CADInvestor on Jun 18, 2018 10:35pm
They lost 45K Q1
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities