Redbox Entertainment Inc (RDBX)

[SILVERSURFER4263]

100% AGREED

[Smilin_B]

When are they going to make a Netflix series about the Redbox Scandal and how shareholders were completely fleeced out of their money due to CSSE's $.64 bid for RedBox that the CEO approved. Everybody dumped their shares all the way down to around $2 only to watch and horror as it skyrocketed 18 dollars. Complete mismanagement on behalf of both companies and there should be big time class action lawsuits against Chicken Soup for the Soul and Redbox

[easymoney]

Ahhh got it ,thanks.

[masterofdisaster]

Yep, now CSSE

[easymoney]

Stop trading?

[Smilin_B]

Anyone that bought this stock at any point this week basically lost their ass

[CKBRAXTON]

To the MOON!!!!! RIGHT... NOT A DAMN CHANCE!!!

[wickerman]

$RDBX merger is completed...Finito..and the best thing is shorts don't even have to cover. DVD kiosk trash.

https://www.mediaplaynews.com/chicken-soup-for-the-soul-entertainment-completes-acquisition-of-redbox/

[masterofdisaster]

Looks like CSSE is squeezing

[masterofdisaster]

Guess you didn't read the 8k. Looks like the merger could be today

[masterofdisaster]

Wow zero volume!

[da_stock_analyst]

#RDBX what should be true value? How far it can come! Short squeeze possibility also?

[Smilin_B]

RDBX/CSSE fair value is around $1.30

[Investinyoface]

Brutal day for sure

[Meangene818]

Down nearly 50%. Worth the risk here for sure

[wickerman]

By that time it won't be publicly trading anymore.

[wickerman]

$RDBX $1's diamond hands figuring out 85% is more than 15% but still "aren't selling" until $20 lol unreal.

[Smilin_B]

You have to go by the pro rata percentage of Chicken Soup for the Soul share price

[masterofdisaster]

I will only buy this again if it drops below .64

[masterofdisaster]

Check out FAZE

[Smilin_B]

That makes no sense because....

Redbox shares were down 40%, at $2.10, in recent trading. Chicken Soup shares were spiking 16%, at $13.11. At that price, each Redbox share is worth about $1.15 of Chicken Soup shares. Barring a further huge spike in Chicken Soup shares, Redbox hasn't hit bottom yet.

[Smilin_B]

Redbox shares were down 40%, at $2.10, in recent trading. Chicken Soup shares were spiking 16%, at $13.11. At that price, each Redbox share is worth about $1.15 of Chicken Soup shares. Barring a further huge spike in Chicken Soup shares, Redbox hasn't hit bottom yet.

[bandit007]

Buying the dip here today. $2 RDBX shares on sale! $RDBX

[wickerman]

$RDBX yep that's what the bagholders had to have been smoking to buy this junk...85% majority, game over.

[masterofdisaster]

All have been dog sh!t.....there will be volitality in RBDX today.

[Smilin_B]

Theresa Perrin on youtube said RDBX, XELA and EVFM would all run big this week. Take a look at all of them. Poor girl.

[easymoney]

I had a little sold eod not jumping back in unless under a buck maybe,SKYX,GOVC,VERU,TBLT looking to reload soon VERU love to get +8 I guess,GOVX I want under a buck but still trading it waiting at 2.2 or under 1.53.

[masterofdisaster]

Whales were buying deep ITM call contracts by the thousands. It was nothing to see a 2000 contract call option cross the board and there were lots of these totaling millions of shares that were used to dump on the open market the following week. Meanwhile market makers still have yet to locate these shares. This went on for weeks. The amount of naked shares that were on the market were insane. SEC BASICALLY SAYS F@CK REG SHO AND FAIL FAIL FAIL

[Smilin_B]

No I don't trade options. Never did.

[masterofdisaster]

In the end yes that is what will happen, but the supply and demand for this stock should have rocketed RDBX way beyond $18. This was the most abused traded stock ever and the SEC has definitely given greater leeway to fail shares to keep a stock from squeezing to extreme levels. Nothing will ever squeeze like GME ever again. Did you follow what had happened in the options chain with RBDX?

[Smilin_B]

500% short interest yet a valid contract between the two companies to be bought out for $0.64 a share. That's probably the reason why it had such huge short interest. Basically the share price will get back down to its Fair valuation. If Chicken Soup for the Soul purchases red box for 64 cents a share, then that's where the stock will open

[masterofdisaster]

Plus you can't overlook the options chain shenanigans that took place.

[masterofdisaster]

It ran $18 because short interest with all the naked and real shares ( what that mean anymore) it had over 500% SI.

[Smilin_B]

So this piece of crap stock is finally going to be trading at around 67 cents a share when Chicken Soup for the Soul buys them out? Why would this have ran from $2 all the way to $18 when the merger was pretty much under contractual obligation by both parties? That never made any sense to me and nobody likes talking about it

[masterofdisaster]

Be careful the vote is today

[easymoney]

Weeeeeeeeeeed

[wickerman]

Yep looks great.

[easymoney]

Like clock work probably jumps again by Thursday 3.66 see if it holds if not pasar 3.51(today) still got room imo.

[masterofdisaster]

Might see some more covering today. Short report is out tomorrow

[easymoney]

Pasar positive still might have 1-2 more weeks in play before it turns imo.

[masterofdisaster]

This has been a well orchestrated manufactured controlled squeeze to protect big money and the machine the system is broken and nothing else will ever squeeze again

[easymoney]

Weeeeee

[wickerman]

$RDBX a little bagholder recycling in the final hour.

[mcjodie]

$RDBX halted. RDBXW, not halted! Go go go

[easymoney]

RDBX weee I said psar at 3.5+- almost filled my bigger bids took 3.7-3.8 hope we get the volume

[easymoney]

Shorts covered I added I said 3.5+- probably bottom at the park well added a few my 3.5-3.66 buds didn't fill.

[easymoney]

Kspn Made huge today to think I even sold 1000 yesterday for 3.6 lol it's ok I had 16k.RDBX looks like they want it at 3.45+- for the bounce looks like.

[masterofdisaster]

RDBX has been on the Threshold list since mid April. The numbers are clearly being manipulated here and the amount of cheating that has taken place with this ticker is unprecedented. Where did the FTDs go and why is it still on the Threshold list if those FTDs have been recovered. Nothing will ever squeeze again after watching this sh!t show

[masterofdisaster]

Yeah in other tickers...lol

[easymoney]

Was a fun day.