Assure Holdings Corp (IONM)

[shajandr]

Oh what a scam! Pump-and-Dump!

[Michael TRed]

Load

[NEXT]

PUMP AN DUMP
YOU HEAR OF THEM ?

[stock1ace1]

.90s?

[Invest-in-America]

Weird post, Dude!!!

[Awl416]

Last one out turn the lights off

[INFINITI]

And back to square one smh

[Yosemite Sam]

Got Some also

[INFINITI]

Got some

[INFINITI]

This one looks interesting

[Monksdream]

IONM new 52 week low

[Awl416]

LOL

[Awl416]

Dopes….

[Awl416]

New all time lows

OTC soon

[Monksdream]

IONM new 52 week low

[AJ Freely]

$IONM - 👆Up 6% Pre-Market/ Current Price $0.80
Acquires Certain Assets of Innovation Neuromonitoring, LLC

[Awl416]

52 week low. What a surprise LOL

[Awl416]

Ahem - You can’t fight dilution…

Buy high sell low

[Awl416]

Why am I not surprised…..

[Triple nickle]

Amazing off 2.00

[Triple nickle]

Added the dip

[Triple nickle]

It’s not two bucks anymore

[Awl416]

Don’t fall for this turd

[PStockPickz]

Hmmm

[hawkshaw812]

Rs 1/20

[twentytwentythree]

This garbage sht stock

[Monkmojo]

$1.20s tomorrow

[Monkmojo]

Assured Holdings stock didn't go down because of an IPO Here's why...

Assure Holdings Corp.’s recently made public that its below 10% AWM Investment Company, Inc. unloaded Company’s shares for reported $2.63 million on Aug 05. In the deal valued at $4.30 per share,612,566 shares were sold. As a result of this transaction, AWM Investment Company, Inc. now holds 750,000 shares worth roughly $ 1.05 million.

http://knoxdaily.com/2022/08/22/news-assure-holdings-corp-s-below-10-awm-investment-company-inc-reduceds-612566-shares/

[Monkmojo]

What is a Death Spiral?

Death spiral financing is the result of a badly structured convertible financing used to fund primarily small cap companies in the marketplace, causing the company's stock to fall dramatically, which can lead to the company's ultimate downfall.

Some small companies rely on selling convertible debt to large private investors (see private investment in public equity) to fund their operations and growth. This convertible debt, often convertible preferred stock or convertible debentures, can be converted to the common stock of the issuing company at a discount to the market value of the common stock at the time of each conversion.

Under a “death spiral” scenario, the holder of the convertible debt might short the issuer's common stock at which time the debt holder converts some of the convertible debt to common shares with which he then covers the debt holder's short position. The debt holder continues to sell short and cover with converted stock, which, along with selling by other shareholders alarmed by the falling price, continually weakens the share price, making the shares unattractive to new investors and possibly severely limiting the company's ability to obtain new financing if necessary.

Companies willing to agree to financing on these terms often could not obtain funding through any other means due to their early development stage or credit risk profile. The terms, though viewed by some as onerous, give the lender a potential way to recover their debt regardless of what happens to the shares of the company, and the company an easy access to dilutive but relatively cheap funding in terms of cash cost.

This would explain why Assure Holdings stock price jumped around from $2.00 to $7.00 about a week ago.... because it was in the downward Death Spiral trend already from a previous offering.

[Monkmojo]

If I can find companies like Chase Bank, Dupont, Nestle and many more that supported the Third Reich rise in power, then I should be able to find a verified list of businesses who use and abuse Dark Pools just for creating Death Spirals.
Since, of course, that's what Assure Holdings really is.

That actually might be a great idea of mine...create a list of Death Spiral businesses
naming it Panama Papers X. Hmmm.

[Invest-in-America]

EXACTLY, M-M-J, Sir!!!

[Monkmojo]

All illegal, of course. Cops or government won't do anything about these corrupt businesses since they're the ones paying the tab. (And supporting police in some form)
The fraud and extortion has become so bad that listed companies, such as Assure Holdings Corp are now trading like pink sheet companies.

INSANITY!

They need to be forced to pay out $5 million in cash dividend every quarter to retail shareholders when they are a NASDAQ or NYSE company.

Being down 400% in less than 2 weeks is criminal and illegal. Even the SEC thinks that a company being down 10% in one day is extreme... (Per SSR rules)

[Monkmojo]

Is it Hammer ?? time then?



Hammer on the 5 hour.

[Invest-in-America]

YEP! As we ALL know, it's those 'INSIDERS' at the COMPANIES THEMSELVES, who often are the ones who DUMP on the first days of an IPO. Heck --- these days --- full-blown UNDERWRITING INSIDERS can dump with impunity long before the so-called SEC 90-days 'cooling-off' period rule. But, if they do that TOO MUCH, they can't get in at that UNDERWRITING/VENTURE CAPITAL level for at least ONE YEAR (oh, those POOR puppies!).

[Monkmojo]

If the gap down wasn't caused by retail this morning, then we'll see a good upside gap by Friday.

[Invest-in-America]

IONM: On nearly EVERY IPO; or (new) Stock Offering of an extant Company; or Markets at the OPEN generally, RETAIL investors (like us) are being played as SUCKERS. Just about EVERY stock GAPS-UP big at the Open, then crashes. MYSELF?? It is a HARD rule to follow, by I normally WAIT at least 1.5+-hours into ANY Open, before I jump on ANY stock. Unless, of course, it is over-the-top glorious news like TRUMP's launch of his "Truth Network" challenge to Twitter & Facebook. On THAT one, I grabbed it at 400% UP already at the Open, yet made circa 4-times by toss. (PS: Trump is fool; I HATE his reprobate, insurrectionist, ASS!!)

[Monkmojo]

I'm not sure what happened today. It looks like price fixing by Assured Holdings.

Someone sold off shares heavily premarket. It was either retail getting greedy or Assured Holdings fixing the share price before the final Offering on the 24th.

I searched different websites for the float or an updated float on Assured Holdings and came up with the same unchanged float of 8.3 million.

Is it possible to dilute shares by Dark Pool trades? ??

[Invest-in-America]

IONM: This puppy might pop on Monday (8-22-22), following the below 8-19-22 (After Hours) news; my E-Turd has this UP by 12%, at this writing, on its "Extended Hours" view. (Who knows??)
https://www.globenewswire.com/news-release/2022/08/20/2501794/0/en/Assure-Holdings-Corp-Announces-Proposed-Underwritten-Public-Offering-of-Common-Stock.html

[willlbone]

Crazy price moment after 2pm today.

[ttottip]

Rebound is imminent!

[bandit007]

Added a few on the dip this morning.

[cjstocksup]

Monkeypox play.

[cjstocksup]

I found this also.
https://www.reddit.com/r/FluentInFinance/comments/wgwaqx/assure_holdings_ionm_cash_flow_positive_with_a/

[cjstocksup]

I agree it was overdone by MM's with selling Algos. 3.5 million buys versus 20 some million sells. Hopefully we will be back over $5.00 Monday. Some group at Webulls started this huge run starting late Thursday.

Thanks for your opinion. I wasn’t expecting quite as exaggerated of a pullback. GL

[bandit007]

Thanks for your opinion. I wasn’t expecting quite as exaggerated of a pullback. GL

[cjstocksup]

I think next week. Premarket was over $10.00 when Webull got active. The recent dilution should be over and then we can run. The Algos also s crewed us most of the day.

Looks ready soon for another leg up. IMO

[howardriggin]

Broken legs. Looks like big pump n dump. Was programmed yesterday. They did a good job. There were winners and a lot of losers. Lesson to be learned. Most people lost

[bandit007]

Looks ready soon for another leg up. IMO

[CanuckCa$h]

Really??? lol

[bandit007]

Big runner today. GL