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I'll take "Dilution" for $100, Alex. 600M volume today with 750M O/S = approximately 80% of the shares trading. But, don't forget the 330M, 110M, and 95M traded in the previous 3 days. That's around 150% of the O/S trading in the last 4 days. Nobody is flipping this stock in those numbers.
Of course, to accommodate these numbers, the company increased the A/S 50% from 2 billon shares to 3 billion just last week.
ih.advfn.com/p.php?pid=nmona&article=63784390
Dilution is a no-brainer.
The more interesting questions are:
1. Who is Union Capital, LLC? It's identified in this last SEC filing as owning 75M shares. Grodnik owns 193M, according to the filing. It incorporated in NY in February, 2014 and has some professional registered agent as its front.
2. What, if any, is Grodnik's connection to the people indicted in New York state court earlier this month:
https://promotionstocksecrets.com/wp-content/uploads/2014/09/Nguyen.pdf " rel="nofollow" target="_blank" >https://promotionstocksecrets.com/wp-content/uploads/2014/09/Nguyen.pdf
The grand jury indictment identifies MHYS as one of the companies involved in this scheme in early 2010. Grodnik has been CEO since at least 2009. Right now, MHYS is walking like a duck and quacking like a duck. Text book stuff.
.0002 in 20 days. Like lambs to the slaughter.
It'll be interesting to see how this unfolds with the NY attorney general. It seems to be the lead on this drama right now. I've never watched one of these pennies implode with the NY AG as the lead dog. I imagine they're faster. God bless the SEC, but they take their time- overworked, underpaid, under staffed plus they naturally move slow because they want to make sure everything is nailed down before they go destroy a company and investor shares. Plus, the NY AG's action is a criminal investigation where the investigative hammer is much more intense than the SEC's civil hammer. And criminal stuff seems to move faster because of constitutional implications like the right to speedy trial.
Hopefully, the NY AG is sharing info with the SEC so it can take steps to halt trading soon and send this POS to the gray markets where it belongs. If the NY AG is cooperating with the SEC, a halt could come within the next few days. Even after a halt, the SEC will take probably 2 years minimum to get things wrapped up. It's also only a "maybe" if the federal DOJ will get involved in any criminal action. Probably that's less likely since the fine State of NY is after LYJN leaders criminally. Perhaps it's also likely the SEC won't get involved at all (other than a halt to trading and bans from securities) since NY seems to have it all under control. Disgorgement, fines, etc. can be handled through criminal restitution in NY courts.
In a perfect world, the NY AG, SEC, and DOJ will all gang up on "Hanna and Her Brothers."
Still no luck finding a mug shot. I did find some newspaper article with photos of two of the co-defendants sitting at the defendant's table in court with their shoulders back like their arms were hand cuffed behind them. But, no Hanna photos. And, no idea if she's still in jail or even went to jail.
Whether she or anyone else deserves to be taunted mercilessly has nothing to do with seeking inner peace. The path to true happiness is to recognize that I can control only how I feel about a situation which I have no control over and then not control those feelings. Just recognize them. True enlightenment is to be self aware and the bad feelings just go away. I can't control what another person deserves. This all according to the self-help audios that my wife makes me listen to so she doesn't divorce me. It really does work. I'm much calmer. Meditating 20 minutes in the morning clearing my mind is really fantastic.
So, Chalk my post up to relapse on the Buddah bullshit. That bitch Hanna took $4k from me in 2006. I'm giddy that she was (and hopefully still is) miserable. With any luck, she gets to do some real time and will miss the simple pleasures in life like taking a dump in privacy.
It's a pleasant fall evening in Montana. Warm and not a cloud in the sky. Think I'll go enjoy it. Cheers, Hanna.
I tried finding her booking photo earlier this morning, but the NYC jail keeps a roster only of city / county inmates. Not state or federal.
Certainly, however, the photo is deliciously divergent from the glam publicity photos of her rubbing elbows with celebrities. Not sure if she's still in jail or was able to post bail. As fun as the mug shot will be, I'd much rather see a photo of the expression on her face when she was trying to identify the matter on the tray of her first jail meal and wondering "Can I raise the bail cash fast enough so I don't have to eat this?"
Or when she had to exchange her comfortable designer underwear that breaths and wicks away body moisture for a set of jail issue made from recycled burlap bags.
Not very Zen to take pleasure in another person's misery, but damn this is fun. Been watching this company for years.
It has a big upside to it either way. Bigger if MERS gets more bad news.
You make sense. It is definetly oversold. Charts show quite a bit more room to run.
No news out today or recently. Insiders must be driving this run. Very good, if it's insiders. Glad I didn't panic sell NVAX last month.
It probably is a great long term buy. But, I'm waiting for it to pull back before buying anymore.
How does this work? Is he really going to pay this? I can't imagine he has this sort of cash. Jerry either sells the rest of his assets or the SEC seizes them, but that is still probably far less than $4.9M. Does the SEC then garnish 30% of his wages as a dishwasher for the rest of his life?
You're right, IMO. The pps should move up soon. Probably with lightening speed as it usually does about this time of year. I've had really good luck with this whenever I've traded it on the candle trend lines and the Ultimate Oscillator. Right now, I'm seeing a bearish divergence in the UO that hopefully knocks this back down under 11 and reset the UO for bullish. Right now, it seems to be trading predictably between time tested resistance and support. Today, yesterday, and last Friday was a perfect retrace that should continue for a few days. Monday threw me off. I sold Friday morning at the MA150 and put a GTC in at 11.00. Hit 11.03 EOD, then back up on a spike Monday. Dang. Monday aside, it should get back to <11.
I'd like to enter when the UO gets around 35. My GTC order is set mid-10s, but that may be too low. Anything <11 is a good entry right now.
GLTY.
SWC getting ready to rinse before a repeat.
From OB17--
Just found this message board and wanted to say hello.
I am an academic colorectal surgeon at a major medical school and university hospital, proctor robotic surgery for Intuitive and published about some new robotic applications which are not currently used. Quiet frankly have no idea about stocks/investing in general (my 401K is in a target fund), but I bought plenty of shares in Titan recently.
The current bad press Intuitive and robotic surgery has is completely unwarranted and should not be discouraging. Robotic surgery is definitely the future of surgery. The problem at this point in time is cost as we are going towards global payment of physicians/hospital per admission/surgery etc.. as long as we as surgeons can show that overall complication rate is decreased the cost will go down significantly and I believe that will happen for sure.
As Intuitive cannot maintain it`s market share at 100% naturally and no one else is around there is plenty of room for Titan to grow. Intuitive`s current DaVinci SI system is the Ford Model T of cars and I can`t wait to use a Ferrari Enzo sometime in the next 30 years of my career....
Dr. Fowler is known as a bariatric/minimal invasive surgeon, but I personally think even more important is that Titan bought a new stapling technology developed by a group at Mayo Clinic.
Looks much improved.
It's risk management. If the warrants are .10/ea right now with a guaranteed buy at 1.75 in the future, you can buy 10,000 of them for $1000. If the stock goes up to $5, then you buy 10,000 shares for $17,500 and sell them for $50,000 for a gross profit of $32,500.
If the stock goes bust or doesn't hit 1.75, then you're out $1000.
If you buy the same number of shares now at .78, it'll cost you $7800. If it goes up to $5/share, then your gross profit is $42,200.
However, if the stock goes bust, you're out $7800 rather than the $1000.
I think it just depends on trading and investment styles. I'm considering the warrants now, but still like the common shares. If I do get some warrants, I'll still keep accumulating common shares.
Really an interesting insight on the warrants. Thanks.
I'm not buying into the theory that today's trading was due to people confusing TTIXF with TTNP. If there were that much interest in TTNP, most people would have gotten it right and bought TTNP. TTNP's volume today was less than half its 3 month average, the trading range was fairly narrow, and it actually closed down. Seemed little interest in TTNP today and yesterday. And the "no news" PR didn't do that much damage to TTIXF closing price. In fact, some decent buy volume was coming in the last 5 minutes. There's also been some momentum building in TITXF for the last couple of weeks. Someone has been accumulating more shares than usual.
Something other than inability to keep tickers straight was driving TITFX today, IMO. Not sure what and not sure that it means more upward movement for the pps or if it's back to .40 tomorrow. But, I'm not buying into the theory that this was a fat finger trade that started yesterday which triggered momentum and continued on through today. This was all about TITXF today.
It'll rebound. Always does. At least to $14.50. May not stay above $12 after this latest run. However, I'm surprised that it bounced off of $10 twice this year rather than hit sub-$8. I like trading SWC because it's so volatile and has well defined trading range.
I'm still probably screwed for buying this last week. Bad decision. Hasn't quite wiped out the run of good trades I've made the last weeks. Patience, though- If I hold, it'll come back. Always has.
Yep. Pretty amazing for May.
Only $50k USD? There must be enough of The Team around to lock that float up.
I'm amazed at your patience in reading through the whole thing. I saw the lion (didn't notice the trident, though), noticed "Jonathan Bryant," "Barbados," and $54BN. That's as far as I got. Not in-depth and diligent due-diligence on my part, I admit. But, one doesn't have to eat the whole egg to know it's rotten.
Yeah, I don't recall the trident on the EIGH lion. I applaud Bryant for taking the time away from writing lengthy psychotic gibberish to come up with a trident for the symbol.
It does look stupid. Poor lion.
Cotton for the t-shirts, I'm guessing.
Is it service by first-class mail to his last known address? It'd be nice if it were personal service requiring a process server. We'd know if Monkula is still lurking about at a known address or not.
As far as I can tell, Monkula still owns the house in AZ. Not on the market and he (or his LLC) is still the owner. Wonder how he can afford anything other than a room at the YMCA.
First, hungry lions. Then, disgorging 100x the money he made to scammers.
LOL! I see your point. It'd just be fun to watch him squirm first. Thrown to some hungry lions in some Roman arena rather than lethal injection behind closed doors.
It is the most merciful thing to do. And the most economical use of the court's and parties' time and budgets. From a practical point of view, a trial will never take place so I never really got my hopes up. If the discovery response and Answer caused him so much stress as to put him in the hospital, then a trial would about kill him. He'd never show up. Or he would default somehow at some point before trial.
Any idea where he is? AZ still? Does he still own property there or is it all liquidated?
Got it. Thanks for the link. By design, summary judgments are generally difficult to win. It helps, of course, to be moving for an SJ against a pro se opponent who unwittingly admitted to all sorts of wrong doing in his Answer. Predicting it's a head shot at close range for the SEC thanks to Monkula's rambling, self-serving, and completely suicidal Answer. Takes some of the fun out, though. I was looking forward to watching him squirm and dehydrate as trial approached. And completely mummify in pro se trial.
Something must have happened to Bryant. Can't imagine he would just not file a response. Seems so dishonest and out-of-character for him.
A friend told me that the SEC filed a Motion for Summary Judgment on Monkula. Too lazy to go back and look at board history. True? Chances of success?
Don't forget the heat in Barbados. That's some hot sun. Best to keep a 12 pack handy when drafting pleadings in any climate. Probably an 18 pack nearer the Equator.
...finally dragged myself back home three weeks early. And catching up- EIGH saga still continues, eh?
Drafting pleadings is thirsty work.
He could be in the hospital with dehydration.
Nice call on Feb 1 for the bounce. Haven't checked this board or SWC in awhile. Looks like it may bounce higher from here. Chart looks good and it went through its usual 5%-10% drop after a quarterly. Looking for at least 13.43 again.
I'd be pretty wary of TECS right now after watching AAPL and $RITEC trade today. TECS was over its resistance briefly today, but still closed under it. $RITEC touched 1370 and bounced which looks like it's found it's bottom or close to it. AAPL may have just found support today. At any rate, not much love in the market for TECS today.
Everything is in a deep pullback, no kidding. But, it's still in a long term upward trend from June. ...which I'm sure is now reversing only because I got tired of getting beat up in bear ETFs and went long. :)
TECS had a good day. $RITEC ended the day with a 1.62% drop to right above support at 1388. If it breaks that support, it should drop to 1370. AAPL looks like it might drop to $652. Given today's ugly red candles I'm not so sure that even those support levels will hold for $RITEC and AAPL. $RITEC could hit 1330 again. So, TECS probably still has some legs in it. It had a nice green candle today on decent-ish volume. And it formed some hammers signaling a trend reversal last week. If it gets past 8.35 tomorrow, then 8.90 will be its next resistance, then 10. Right now, it's one of the better looking charts I follow.
The keys will be to watch $RITEC and AAPL as well as to not linger holding TECS for very long. With contango, any upward trend is dwarfed by a natural longer term downward trend. Take profits. And I wouldn't count on AAPL getting much under 652. It likes to stay above the SMA50 which is now 645.
I'm long in a small cap tech stock right now, AMCC. Getting beat up, but I don't see the upward trend broken yet. Might be averaging down, though.
No idea what TECS' pps would be sitting at if QQQ hit $28. That answer requires a pretty serious crystal ball considering QQQ direcly holds stocks and TECS trades options, etc. and doesn't hold stocks. So, it depends on the amount of time it took QQQ to hit that level and how much bouncing & jostling the charts had in getting there and the economic conditions that caused it.
Generally, IMO, TECS will never recover an amount equivelent to QQQ or any index decrease. It's better than some other Direxion beauties like TVIX and VXX, but it still drops proportionately faster than $RITEC rises and rises proportionately slower when $RITEC drops. $RITEC closed Friday within a hair of its YTD high back in April. TECS was then $8.35. TECS closed $7.66 yesterday. All things being perfect, TECS should be $8.50-ish. Instead there's a decay courtesy of contango of about 8% in less than 6 months.
Don't get me wrong- when/if the market collapses, I'd rather be in TECS than QQQ, but until that happens TECS is headed to the dirt (and may actuall be dead). If I bought now, I'd be afraid that even with a total market collapse, it'd be really long term before I saw my principle back if even at all.
I completely disagree with you on TECS. It's headed to $0, IMO.
Looked at the 5 year chart...or what there is of it. It started trading at the very end of 2008 so it doesn't even have a 4 year chart. And that chart is just one big downward trend. From $350 to it's new all time low.
I agree with you that that the world's economies are in serious trouble over the long term and the markets will see some huge downward moves. But, that probably won't happen for quite awhile which will give TECS (and other ETFs of its ilk) a lot more time to continue tanking.
And when the time does come for the markets to crater, TECS isn't the answer, IMO. It's built-in pps decay causes it to rise only a fraction of the decrease of $RITEC. In other words, when $RITEC goes up, TECS drops like a rock. When $RITEC goes down, TECS goes up comparatively little. It's not as bad as some of Direxion's other bear ETFs, but it's bad enough.
GLTY
I've been watching a lot of Looney Tunes lately on the Cartoon Network. Sort of going to miss it now that we found daycare and on Monday I can start working all day.
I always wonder if Monkula still reads these boards. And our comments on how badly he duffed his answer. And, if so, my guess is that he thinks he's a genius and we're all wrong. Wile E. Coyote, "Super Genius," comes to mind.
Still owns a house? Wow! Thought he was flat busted. ...in which case, his claims of poverty and "it ain't fair" doesn't quite work.