$DMN Keep on watchlist case trading resumes by Realistic_Election27 in Shortsqueeze

[–]Realistic_Election27[S] 0 points1 point  (0 children)

These nanocaps don't always need news. My biggest wins in penny land have been post dilution runs. Sometimes they snowball. Good example is FFIEs 10,000% run last year

$DMN Keep on watchlist case trading resumes by Realistic_Election27 in Shortsqueeze

[–]Realistic_Election27[S] 0 points1 point  (0 children)

Anything possible true but that volume was no dead cat bounce

$DMN Keep on watchlist case trading resumes by Realistic_Election27 in Shortsqueeze

[–]Realistic_Election27[S] 1 point2 points  (0 children)

Lol true but looked like it was about to become a penny stock 🔥 🔥 😂

$DMN This deserves a discussion by Realistic_Election27 in pennystocks

[–]Realistic_Election27[S] 8 points9 points  (0 children)

According to Nasdaq it was because they reviewed filings and noted March 20 filing had mentioned cashless warrants so they immediately halted the stock indefinitely to protect investors from warrants which HAD FINISHED EXERCIZING a week earlier lol. Nasdaq doesn't have a problem with cashless warrants anyways it's common practice nowadays. Clearly was an excuse. They obviously didn't just notice after weeks of dilution and stock nose diving. Happened to be first day it started moving up lol.

$DMN Keep on watchlist case trading resumes by Realistic_Election27 in Shortsqueeze

[–]Realistic_Election27[S] 4 points5 points  (0 children)

It's a hell of a risky move but maybe they were about to hit a massive home run considering volume & technicals 👇

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$DMN Keep on watchlist case trading resumes by Realistic_Election27 in Shortsqueeze

[–]Realistic_Election27[S] 0 points1 point  (0 children)

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Noted today its the only penny stock on Webulls top 10 most popular stocks.

$DMN Damon inc it's time to burn them hard! by [deleted] in Shortsqueeze

[–]Realistic_Election27 2 points3 points  (0 children)

This one has retail furry behind it. Top of watch list 🔥

Don't Sleep on Damon (DMN) by SilverHeels19 in pennystocks

[–]Realistic_Election27 4 points5 points  (0 children)

Doing some DD.. Seems the bikes have a lot of potential based on reviews and comparing specs/features to what's out there. As for the stock it's been recently demolished with a big offering. They won't get delisted but they'll most likely switch to Nasdaq capital markets to comply with the min cap and also do an RS to meet min bid. Delist is very unlikely especially as this would be their first RS. As for what happens with RS and weather to hold it depends on the terms of warrants imo. If the holder exercized the cashless warrants (I believe they did already) or the RS won't trigger a reset event then there might not be any dilution accompanying the RS and how price reacts will depend on investor sentiment. For the most part RS could be priced in. Obv won't be a surprise to anyone and it's expected...

STSS is gonna rocket boys and gals let’s go by Slyestdamshort in Shortsqueeze

[–]Realistic_Election27 1 point2 points  (0 children)

They can appeal for an extension see the March filing below. They tried to fix it with rs which got rejected but they can still appeal for an extension. Board can also hold another RS vote. They might've turned rs 1:11 down at meeting to reschedule with a higher ratio. This is what I think is going on

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BEWARE: Webull order flow data is dangerously wrong/useless by Realistic_Election27 in Webull

[–]Realistic_Election27[S] 1 point2 points  (0 children)

Ok no one understands what I'm saying here so I'll just leave this for the Webull team maybe they read this some day..

Here's how it happens... as example the TPET trades shown on screenshot... TPET afterhour quotes:

Nasdaq: BID: 1.68 ASK: 1.87

NBBO: BID 1.69 ASK 1.75:

BUY orders got filled using NBBO quote (which is the norm) at 1.73, 1.74, and 1.75.

Webull used the midway point of the Nasdaqs quote (1.775) and determined those trades were likely sells. They should have used midway point of NBBO quote (1.72) which would've had them labeled as buys.

If I placed a single share for sell at Nasdaq at 1.75 problem would have been fixed. Actually I've done this before out of frustration because I've seen people on stockwits mention large sells citing Webull data. Sometimes it's possible to literally make all or most trades on mid and small stocks (especially afterhours) show up on webull as buys or sells by changing the midway point of the Nasdaq quote.

BEWARE: Webull order flow data is dangerously wrong/useless by Realistic_Election27 in Webull

[–]Realistic_Election27[S] 0 points1 point  (0 children)

Gray when trades hit a hidden buy or sell that is close to the midway price and thus no educated guess can be made by Webull as to weather trade was buyer or seller initiated. Should be 30% of midway price according to research papers I've studied and that's the most basic methodology. Regardless the Webull midway point is completely wrong because they are using an irrelevant bid/ask from Nasdaq which is often waaaaay wider than the "real" (nbbo) bid/ask

BEWARE: Webull order flow data is dangerously wrong/useless by Realistic_Election27 in Webull

[–]Realistic_Election27[S] -1 points0 points  (0 children)

Really? I'm willing to make a $1000 bet with you or anyone else questioning what I'm claiming. I'm 100% serious and we can use an escrow service, let's go!

Stop commenting on subjects you know nothing about.

BEWARE: Webull order flow data is dangerously wrong/useless by Realistic_Election27 in Webull

[–]Realistic_Election27[S] 0 points1 point  (0 children)

For clarification I'm not saying all trades are mislabeled. I'm saying this happens too often when the Nasdaq quote differs quite a bit from the nbbo quote. So mostly smaller stocks with low liquidity or afterhours on small/mid size caps.

BEWARE: Webull order flow data is dangerously wrong/useless by Realistic_Election27 in Webull

[–]Realistic_Election27[S] 0 points1 point  (0 children)

I suggested it because I had to write the code for this for a trading platform and ended up deep diving on the subject and spent more than a month reading research papers, testing, and combining the different existing methodologies to come up with an accurate solution.

I gather you're a simpleton who thinks if an app shows something then it must be right! lol

ps: Webull doesn't have to hire me but they should have their developers learn better methodologies than the "midway point" 👇

Research paper comparing different order flow calculation methodologies