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Why is OPTI shareholder call in RXMD newsfeed...?
https://ih.advfn.com/stock-market/USOTC/optec-pk-OPTI/stock-news/83931353/optec-international-inc-opti-to-hold-annual-shar
Sorry if this was asked and answered already.
The executive bonuses are what get me. Looks bad and is bad amid all this.
Fine -- they set up their own golden parachutes. But they didn't realize Judge Jones was the pilot of the plane while they jumped out.
Will be a good day tomorrow.
Niko Celentano
@celentano_niko
$JCPNQ You know what else sounds "far fetched" Mr. Sussberg? Thinking that a company could get 450M in DIP Financing (that they paid a 45M up front fee for) but never even need it because their cash is now at 1.483B. But here we are, and it happened
?????
AHAHAHAHAHAHAAAAAA! Ouch!
JCPNQ. Want a bust or boom for tomorrow? Cheap with high stakes for JC Penney. Judge will decide if shareholders get more than normal at the negotiating table in the morning. Pretty cool for an NYSE ticker -- catch is get in cheap now.
And of course:
Peeeeeeete!
Been awhile.
Robinhood investors took advantage, stole from the poor, and kept to themselves.
Sheriff of Naughty-ham still afoot and trying to rule the court!
Now we rely on the judge. Tomorrow goes right, we will have made more than Marian.
Do or die tomorrow.
ALL CHIPS IN, FOLKS! Let's do THIS SH!T!
Tomorrow will tell the tale and fate with the judge's decision.
Go big or go home.
Fingers crossed.
Simon Property Group and Brookfield Are Leading Bidders
They joined forces -- we got that story posted here?
https://finance.yahoo.com/m/9fb05363-6a46-37ca-bd14-80d2dca5ccc1/simon-property-group-and.html
Sorry if I'm repeating the news -- I get lost among the threads some days. Thanks for all you do Mark -- appreciate you keeping us all well informed and level-headed!
Buy small 1s then. A double or triple bagger ain't nothing to sneeze at -- buys groceries or pays the rent.
This thing ain't doing jack except filling boots with hopes and dreams and stories of unicorns. I've dealt with these RM, etc., etc., stocks for years and rarely do they go anywhere. Sure, every once in awhile ... but ...
That's why you squirrel away a hundred or three away from the wife and play the lottery like this thinking you'll never see it again. ETEK is more promising right now than most, though, I'll say.
Trying to get me summore 1s!
GLTA!
Took a mild (very mild) starter on this today. I like the projections.
I've flipped this a couple times. Twice I missed the top but still made some money. Meh. Be happy with what you can get sometimes.
Great. Glad the haggard lovechild of Paul Rudd and Mark Wahlberg could make some general statements and give nothing to back them up.
"My strategy is simple. Buy low, sell high."
GEEEEEEENIUS! Wow ... now I know what I've been doing wrong all this time.......
There's a lot wrong here. From today's PR:
effectuate a three hundred for one reverse stock split (the "Amendments"). The board of directors of the Company approved the Amendments on April 14, 2020. The shareholders of the Company approved of the Amendments by written consent on April 14, 2020. All amendments have been approved by FINRA and will have an effective market date of May 22, 2020.
WAS anybody aware of this meeting?! WAS anybody able to vote against this AND give written consent or non-consent??
Nuh-uh. Wrong.
Again, shareholders and former shareholders have a BIG and LEGAL gripe on this one. But we need a lawyer to free-up and bank on us getting money. Again, I'm happy to put my name on the docket ... but anyone know a good and willing CA lawyer? lol
We (collectively) got blindsided and, if smart, lost less than what we could have come next week if we sold today.
Class action? Fraud afoot? Lack of transparency and disclosure? Again, meh. They hide their asses in the Safe Harbor shit at the end and blah, blah, blah.
I'll just put it out since I'm not an idiot but yet not a lawyer -- anyone who wants to CA on this shit with a lawyer willing to do it, I'm game.
Amazon looking at buying out JCP. Yes.
I'm buying more tomorrow based on idiots who keep selling this low.
I've made more bank this year on a friggin' company who's openly going through friggin Chapter 11!!! NYSE stock that's LITERALLY a Penney stock!
Up tomorrow again. Enjoy.
*shrugs* Meh, VATE and KGKG did a good job for a few years and did right in the MJ industry boom and future. I lost here but would do it over again if I didn't know any better.
Today's RS BS was out of effing no where. Not a Medico word in a PR.
Dude, if you CAN trade this tomorrow I'd be surprised. Call your broker now and see if you can get an after-hours trade today. JMHO
Agree. They just did an evaporVATE.
Cruddy because tomorrow the stock likely will be frozen for anyone holding, then they have the weekend, and then they have Memorial Day's Monday closing.
Pretty well-thought out for a POS move.
It would have been interesting to know why this happened before it happened ... OOOOOORRRRRR even WHY in the PR!
It's just too bad. OTC -- I imagine "normal" peeps who still own will be barred/blacked from trading tomorrow and into Tuesday-plus while insiders still get to trade and sell shit and bring it down.
AND then the 300:1 will go into effect! Should have sold today ... GLTUA. I wish nothing but the best for stock owners -- but an RS is never beneficial for the common person.
I'll agree with a water puddle -- they never really need a full shareholder vote if the top brass controls over 50% and it's in all agreement up there.
My point is disclosure after allowing that vote since April 14 to be unknown for over a month. Which (could have) allowed some trading to push the stock up and ... HEY -- sell if you know you're going to lose 300 shares for every 1 share.
But unlike a piss puddle that just screams "scam" at a reflection, there was no indication VATE was bad.
Again ... a lawyer who wants to make a buck can look at it. But no ambulance (or water) chasers.
Agreed. A CA is just a Hail Mary and grown men angrily crying in our beers. You'd need a good lawyer to take it on for free first.
Second, you'd have to prove intent and plotting and lack of disclosure to shareholders (that "meeting" was April 15...?). Makes me wonder how we finally got over the 1-cent hump and more trading a week or so ago... Makes you wonder ... who sold??
Again. *shrugs* It's too bad.
Couldn't agree more. There was NOTHING -- not a thing -- that would have made any shareholder think an RS was on the table. For Christ's sake, wasn't it like half a year ago they eliminated almost 3M preferred shares?!?!
I'm pretty bummed. I got into VATE for free off the KGKG share deal. VATE, for an OTC, was pretty transparent, had a good business model, and was growing and was trying to make the ticker and company better. This is so insane and obscure it's like someone else wrote the PR, hacked their computer, and put it out.
Very. Very. Disappointed.
Yeeeeup. No clue until now that it was even a fathomable option. No clue (and no explanation) why it needed to even be done.
And then sit on it for over a month after whatever shareholder/board "meeting" there was??
This dickwad has a CA suit waiting to happen now.
I've been victim of too many RSes across my trading years. NEVER works. And that's across different tickers on NYSE, NASDAQ, OTC ... NEVER has it helped me -- only made it worse.
I unloaded, sadly. With a $40 brokerage fee for an RS "management fee" it's not worth holding what I had or even buying more.
*poof*
Other than that, Mrs. Lincoln, how was the play?
Wow. I finally hung up. She really needs a better PR coach -- really buried the lead on this one. They got FDA fast-tracked to COVID-19 antibody tests -- which is why all eyes are on this ticker at this moment.
Hope she finally got around to it ...
*yawn*
Great DD -- thanks JQ. On the call now!
Nice update! Stickied!
I'd suggest emailing them and telling them such. I have.
*Grifter tips the hat*
Agreed. Tomorrow hoping for some trip 3s. Easy double with this bounce.
Hope the company board gets its sh!t together, though.
Strong hands will get us back to a cent and beyond. Morning we spike up but prob will dip red with some profit takers. No panicking and we'll recover and be on our way for another big day gain!
Poor DD. Oh well... blnt!
*Grifter rubs his hands together in a cunning and anticipating way*
I remember telling peeps weeks ago it wasn't smart to bet against BLSP!
Cheers to making money!
Indeed. Glad I averaged down and didn't give up. The last filing was pretty positive, imo, and the chart was setting up. Looks like others saw the writing on the wall as well.
BLSP cheers!
Weee x2!! I'll be happy peeling some more off when we hit cents again let alone over a dime!
Weeeee! I was gonna sticky that but you beat me to it!
Go BLSP!!
I had a choice of either bitching about the company and theorizing OR making money on the stock and chart.
Guess which one I did...?
GL in the future, Hystart! LOL
Still, it maintained dollar level for a good run. Most tickers fall flat right away and stay there.