Funny trade in an OTC stock
 

I actually did pretty good trading this one, but I never noticed this..


http://www.otcmarkets.com/stock/COWI/chart

Look at a six month chart and select "insider" from the "events" dropdown menu.

Hmm. An insider acquisition, just days before the stock ran 9999999%?

Impossible :winkwink:

http://www.otcmarkets.com/stock/COWI...r-transactions
SEC Transactions Last 2 Years
Trans Date Filer Ownership Type Price Shares
Jan 3, 2013 STRATEGIC TACTICAL ASSET TRADING LLC
Other direct Acquisition (Non Open Market) 0.0003 68,181,818


So here someone is buying 69M shares for .0003 at a cost of $20,454

I hope he didn't lose his investment :winkwink:

Not to worry for him, though, because he sold all of his shares off after a PR and probably got close to .0070 for them .. Or about $477,272

Ka Ching

Meanwhile all of the normal people (or 90% of them) are hopelessly fucked as the stock goes into a hopeless downtrend and pretty much gets cellar boxed within a few months


Shit like this goes on all of the time- I read that 50 cent made $8M BONES from his scheme company. He was even using his twitter and facepage accounts to tell everyone like they was friends of his with the, buy it mane you're good and all of that

I have got to get onto the right side of this fence. As I understand it, they usually don't even have to bother acquiring shares out of the float!! They just sell shares into the market .. blam blam blam

Everyone makes money.. the market makers, the financing companies, the companies themselves, the brokers and who knows who else

The more I learn about this- the more interesting it gets.

Here's a new one.. There's apparently volume at $0.000?!

Look at 5 day
http://www.otcmarkets.com/stock/COWI/chart

Two $0.000 trades .. wtf is THAT? MMs trying to cause "volume" to attract morons to the stock? Or what?

Ha ha ha

If one could learn when the time is right, they could make a god damned slaughtering buying these at the right time. When a grand can become $70,000 that's a big deal.

I guess you have better odds buying a lottery ticket- but whoever knows some way is a wealthy fuck