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yeah it will be Rounder Inc's stock price
...oh wait same thing.
It's nuggz and I get in where I fit in.
Why the sudden change of heart? You're right 12:40pm is definitely the end of the day. I have no doubt news is coming. Absolutely no doubt.
I am excited too ALL ABOARD THE FRTD MONEY TRAIN !!!! NEXT STOP THE SHORT GRAVEYARD
Parilla has stated in numerous PRs, and in interviews, and on Twitter that there is a merger happening for a 0.12 buyout, but some dude with a bird wearing sunglasses for an avatar just said it's not going to happen, so I guess that means we should all sell on June 9th.
Happy Trading all
That still doesn't change the fact that, even big boards stocks are being shorted or only benefiting from short term investors, and all pennies are junk for the most part only relying on news. Since news is the main factor and this CEO demonstrates the ability to make his company a major topic of discussion among traders, you are proving my point that money can be made with FRTD and I personally don't think that fact will change any time soon as in anytime within the next 6 months soon.
Happy Trading.
Way to change the subject.
I can't imagine you actually believe the news won't come out within the next 24 hours. You are just enjoying this last moment of doubt in some investors, before you have to shift up to talking down their excitement about the news of the merger once it's released.
No IT'S NOT poorly construed. I was actually thinking the same exact thing when I first looked at AFFW. He just nailed it action for action.
Should I believe the person hiding behind a fake name and an avatar or the millionaire CEO who responds to nearly every e-mail, and put his life on the line by publicly stating there will be a merger in multiple PRs, a radio interview, Tweets, and soon another PR during his SEC suspension...hmmmmmm tough one?
There is no such thing as "closure to this terrible mess," without QImperator's approval. If he doesn't confirm the contract as legitimate, even if it's signed in blood, then that means we are all still just foolish longs holding onto some pipe dream.
The point is a Grey turd with a confirmed 0.12 cent buyout can't be flushed.
The fact that the financials were reported on the 24th instead of the 23rd gives them another reason. Hopefully the merger will go through on Friday so they can suspend FRTD once again out of spite as they did the first time.
Just in case no one posted this yet. SEC filing
Are you trying to convince me or yourself?
BECAUSE Definition of 'Cash And Cash Equivalents - CCE'
An item on the balance sheet that reports the value of a company's assets that are cash or can be converted into cash immediately.
AND CASH AT THE END OF THE PERIOD ONLY REPRESENTS LIQUID FUNDS
Being treated the same and having to add up to a distinct sum in the "cash at the end of period" bracket are completely different.
I am not saying this means the statement is fraudulent or legit, but it can't be fraudulent for the reason you are trying to make it out to be.
You don't need to split it apart, it's just the cash at the end of the period represents solely monies that were converted to cash = absolute liquid assets, where as cash and cash equivalents represents the value at the start of the period that could potentially be converted. The statement also shows how many shares he sold to get that cash.
Definition of 'Cash And Cash Equivalents - CCE'
An item on the balance sheet that reports the value of a company's assets that are cash or can be converted into cash immediately.
and then there is "cash at the end of the period" ... which is not the same, so quit complaining about the discrepancy between the two and find another reason to bash him that is actually legit.
Properties, as in securities or other investment products of value. If you would like an even deeper lesson in financial analysis if you scroll down a little further you can actually see where he invested that money.
I can't believe this. I didn't want to give shorts any ammunition to fire with, but I knew for sure they would comment on the fact that the financials state at the top that the report is "unaudited" but instead they are nitpicking about addition and subtraction.
you are aware that cash at the end of the period refers to actual cash, and "cash and cash equivalents" refers to cash as well as properties right? Your point is mute.
That type of increase in value is only frowned upon by those who don't benefit from it, so it makes sense that they would, as would shorts. It has to be terrifying to be a short right now. What I don't understand is how this stock was trading at $45 nearly 3 months ago and people are acting so odd about the fact that he is trying to get back up on the big boards. It's ok for AIG to shoot up from $0.37 to $50.00 but if someone can pull it off without a government bailout they shout Bogus. Get bent shorts!
After listening to the interview, and reading the message from Tom Parilla about the reason SEC suspended the company,and reading all of the posts here with much struggle, I have decided to invest another 3k in this stock if it's down 70-80% on June 9th. We all have to make our own choices. This is a move I have decided to make based on how I personally read this situation.
Best regards all happy trading.
Don't trade on fear, hold your sack instead of your bag.
How is it possible people are talking like you are talking about this stock with this information also available below? I am honestly asking. Is there something I am missing about this message below that you know?
1-eye-jack Member Level Saturday, 05/24/14 01:46:12 PM
Re: Onemanband post# 40334
Post # of 40818
~ FRTD = WOW!! Check This Out!! wink
Onemanband
Quote:
I fappreciate your email and willingness to reach out to us to get some answers. While we were not made aware of the suspension prior to the SEC, we did speak to them today after the suspension occurred to find out what had occurred. We were advised that our press releases raised concerns because they do not offer specific names. We were clear that larger companies often do not allow smaller companies to pit their names in the press. Further, it has happened all to often to us that once you place names in a release, a shareholder with a $5 stake in the company calls the named individual to see if they are real and what non-public information can they get.
Yes, we are operational and are continuing to operate business as usual. Yes, the LOI is still proceeded with a May 30 due diligence deadline.
The SEC asked us for contractual verification on three of our outstanding agreement which were announced to the public. We provided all requested I formation at 2:45pm today.
I hope this helps shed some light on this very upsetting event.
Tom
What about think or swim? I usually have that and E-trade Pro running at the same time.
You misunderstand my comment. I saying Etrade is so weak, that they won't allow anyone to trade this now unless it's legit, but that also means it won't drop as fast as you might expect, and they aren't the only online broker that responds slowly to suspension lifts. Point being, if there is no word from the company before the suspension is lifted everyone will know the deal, but don't be so certain this si same old same old.
Tell that to Etrade
FRTD is in a very odd place right now, unlike most that are suspended by SEC, but it depends on the real reason why trading was halted in the first place. If, like some suggest, it was just halted because the company did not file their scheduled financials on time then never mind this stock is probably done. But, there are many companies that get halted for posting shady news or news that is too forward thinking frequently in a short period of time. But, the particular news FRTD posted provided distinct deadlines (ie financials by close of market May 23rd ...which was not provided and already passed, ie merger completion and massive stock share purchase at 0.12 on May 30th which seems a less credible statement because of missing the May 23rd deadline).
Regardless, the fact remains that if FRTD's trading was suspended due to the news coming off as too good to be true which flagged concern and need for further investigation then it means after the 10 days suspension the company will only commence trading again if the news is revealed to be fact and not speculative fluff by the CEO just to pump up the price.
So the question you have to ask yourself is, if the news is true has anything really changed by this halt other than it creating an opportune moment to buy in on a 50 to 70% dip from Thursday's close which is most likely how this stock will open June 9th.
Either the CEO had major bills he needed to pay in June and was willing to sacrifice his reputation and will now be screwed for life, or after June 6th from here on out his every word is golden and I will buy a Nissan GTR on June 9th.
I know this stock will open down 60-70%, I just also know it can't open unless the news is true. There is only one way a sensible person can react to that type of opportunity, and if you think the answer is "sell while you can" then you aren't reading the same signs.
The problem is that in most cases with all these pennies and subpennies, the worse case is always the reality. This makes pessimists seem like sound investors on these forums. But there are some facts that need to be acknowledged:
1)FTRD won't get reinstated if the news is false.
2)If the news is true, FTRD will make everyone currently invested a lot of money and any of those ignoring all the "sell whatever you can on June 9th" statements with the heart to buy in a lot of money as well.
3) This is normally not the case with SEC suspensions though, but if you bought the ticket and you're locked in, take the ride.
I don't have any need to re-evaluate my post. The fact is if the news turns out to be true, regardless of how it's reinstated, real value is real value. The SEC did not just halt this to protect future investors. They did it to protect future shorts as well. If the information is real (in most cases you are referring to trading is halted because the information seems false and turns out to be false), but if this is real, then it means the market will respond accordingly. Traders only have so much power to manipulate a stock that is actually earning, or that has outside investors contractually obligated to pick up shares at a price of 0.12 per share. I am as skeptical as the next guy buying and selling for my 20-30% gain and not paying attention to Fluff PR, but everyone who held over night in this stock, myself included, might be sitting on a golden ticket and won't really know until this all plays out. At this exact moment it's convenient to bash and be negative, but just like you can't imagine a stock with a SEC halt that could actually turn out in favor of the investor, I can't imagine a stock trading at these prices, posting this type of PR (real or fake) that wouldn't get halted before the massive hypothesized jump. It only seems safe for all parties involved.
WILL YOU CURSE GOD IF THE NEWS TURNS OUT TO BE LEGIT AND THIS THING OPENS ON JUNE 6TH ABOVE 0.25 ?
The last news post, before this recent SEC post was insanely epic. It was too much better than the recent too good to be true news they posted before it. If it turns out to be true then we are all millionaires and billionaires and the investigation will play out just fine in our favor. Sadly, I think they got caught trying to scam investors. The only reason I can be honest about that is because at this point no comments here are going to influence the share price. We either all are going to see this thing open with a 20,000% gain or we all lost our money, and we have to just wait and hope the CEO isn't completely full of it.
GET THIS MONEY PEOPLE ..GO FRTD
I have made 1000% on plenty of crap stocks before, I expect to make 1000% on FRTD over the course of the next two weeks. If this stock turns out to be a legit company, this will be the first time I ever in my life made 1000% profit off a legit company. Just saying.
Tomorrow's close will be just under 0.05. The story of this stock will be epic 200% gainers for days on end, crazy ranges profit taking trading but no real heavy shorting because people will fear the PR being legit.
Yeah but you also have to take into account factors like being completely full of $h!t. The key to being a successful snake charmer is to never forget you are dealing with a snake.
Now that I do not believe.