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Slap it!!!
We made boo koo money on this prior to this debacle so if it tanks we are still way green anymore, so who cares what it does, maybe theres a catch to all this….
Wild goose chase… wow!!!! Let me add it….
Let’s smash that freaking ask babe!!!’
Insiders dumped so they knew what was coming, im sure they’l get investigated by the feds an sec, why dump 14m shares, unless the plan was in the works prior
Cruelty is a non-issue with MM’s.
Will be extremely cruel by the MM’s to Gap and trap the unfortunate ones. Can’t see them doing it because too many eyes on it will question how they allowed a BK stock to run with no announcement by the company.
Told people prior this most likely ends real bad, the company is silent an no news on anything specifying assets/stock etc. today will be interesting on how low it tanks, but could be wrong
Anyone should always ask themselves: Why would Insiders of a company sell over 14 million shares if they thought the company was viable?
Especially when the supposed Outstanding Share Count was under 50 million shares??
This “Tale of the Tape” should have been a Huge Red Flag Signal to investors:
SEC Transactions Last 6 Months
Buy / Sell
BUYS - 1
SELLS - 16
Shares
BOUGHT - 982,417
SOLD - 14,009,165
Will be red today for sure! Shareholders will most likely be screwed!
A don’t mind if I lose..,but let stick to the bet afterwards
No problem. Bet on. I hope I lose.
If red I will stop posting here and if green you and your friend will stop posting here too
After yesterday’s run up I would say red and if no news panic May set in.
Do you think red or green today?
Doesn’t look good.
Only possible saving grace in my opinion would be if the company makes an announcement of the sale and coming out of the BK. If not, could be rough to watch come opening bell. Just my opinion.
I can see the MM’s take this down possibly below a nickel in my opinion knowing that a bankruptcy auction sale of assets has occurred and is waiting approval on Thursday….
A lot of sphincter’s are puckered up tight here this morning…..
We either make it big or lose it all this morning.
Yes! Let’s Rock! J Cheers
Tomorrow is our day Kick!!!!
Deal or no deal?
You know what I love most about this beautiful country called the US of America??
Freedom of Speech.
So even though I believe you will lose tomorrow, I would never want to strip you or anyone of their right to Opinions and Freedom of Speech.
Tomorrow day will show us who will shut up
At end of day tomorrow or end of week after April 13 results?
Sometimes it pay more that it’s worth like Twitter…let’s make a deal…if it green you stopped posting here and if it’s red I will stop posting here. Deal?
Possible. All depends if the company puts out a pre-open statement about what has transpired and what is up for approval come April 13.
Could be a stampede for the exits.
Also unless you missed it today, a Form 25 will be filed by Nasdaq against Lucira Health.
Well let me put it to you this way and you can draw your own conclusion:
Does a company who is attending a Bankruptcy Auction pay more for a product than what it is worth or does the winning company’s bid usually translate to penny’s on the dollar type deal???
Tik Tok, Tik Tok….
Who will be castrated tomorrow bulls or bears? Any thoughts, expert?
A lot of BULLS are afraid to be Castrated by the BK results….. Time will tell…
A lot of bears are scared to be squeezed….but you will be…
All Filed 8K’s and Form 4’s for all the shares sold by Insiders in the last 3 months can be found here once you select the All option:
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001652724&type=&dateb=&owner=include&count=40&search_text=
If this is going to be worthess for shareholders then we will sooner than later plunge to zero.
From 8K filed on 2/22/23:
Item 1.03 Bankruptcy or Receivership.
Chapter 11 Filing
On February 22, 2023, Lucira Health, Inc. (the “Company”) filed a voluntary petition for relief under chapter 11 of title 11 of the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). The Company’s chapter 11 case (the “Chapter 11 Case”) is being administered under the caption, In re: Lucira Health, Inc., Case No. 23-10242. The Company continues to operate its business as a “debtor-in-possession” under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code and orders of the Bankruptcy Court. The Company is seeking approval of a variety of “first day” motions containing customary relief intended to enable the Company to continue its ordinary course operations during the Chapter 11 Case. The Company intends to use available cash on hand, which stands at approximately $4.5 million as of the filing date, to fund post-petition operations and costs in the ordinary course.
The Company cannot be certain that holders of the Company’s common stock will receive any payment or other distribution on account of those shares following the Chapter 11 Case.
The Company cautions that trading in the Company’s common stock during the pendency of the Chapter 11 Case is highly speculative and poses substantial risks. Trading prices for the Company’s common stock may bear little or no relationship to the actual recovery, if any, by holders of the Company’s common stock in the Chapter 11 Case. Accordingly, the Company urges extreme caution with respect to existing and future investments in its common stock.
Sell at the market bell and regret later once it’s over 0.5…
I hope you will sell at market open
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