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Trailing avg. daily volume figures for NB:
10-Day Average Volume 105,183
90-Day Average Volume 86,185
NB's volume today with almost 3 hours to go is 229,300 shares.
I could be wrong, but believe it is clear he and BRK just want to get the BAC position under 10% to avoid all of the additional reporting and regulatory obligations that come with a 10% position.
Stop posting false bullshit! If Blackrock had filed for BK last week its shares would not be trading for $944.50 right now, just below its all-time high. Even the link you posted clarifies that Blackrock, Inc. has not filed for BK. Blackrock International, Inc. in Louisiana, which filed for
Chapter 11 in 2021, is a totally different company SMFH
Stop posting false bullshit! Even the link you posted clarifies that Blackrock, Inc, the subject of this Board, has not filed for BK. SMFH
LOL! Of course the BBBYQ position no longer shows up in your broker portfolio or account. The shares were cancelled and extinguished a year ago. They no longer exist. When a stock ticker has its registration cancelled by the SEC, or gets de-listed, or the company simply fails and goes away, those tickers can, and typically do, remain in your account and portfolio for years. But not in situations like BBBYQ where everything was liquidated and the shares cancelled and extinguished per the final court Oder approving the plan of dissolution and winding up of affairs. SMFH
What strikes me this am Putz is the tightness of the spread and stronger Bid support compared with last week.
That $4.6 Billion "war chest" you speak of amounts to around $10 per GME share. What is there to prop up the rest of the current market cap with GME's revenue rapidly declining over time, as evidenced by the last Q - "Net sales were $0.798 billion for the second quarter, compared to $1.164 billion in the prior year's second quarter." Not to mention repeated quarterly losses on the bottom line. The cash is great, but it amounts to less than half of GME's share price and market cap. What is there to support the remainder of the share price and market cap?
LMAO! You do not know jack shit. Just can't resist replying to all the BS nonsense and fiction spewed out here and on the AMC Board. As for you, the old tried and true maxim of "You can't fix stupid" comes to mind. You still claim to own shares in BBBYQ, even though everything there was sold off and liquidated and the shares cancelled. I rest my case. SMFH
OK Louie: So the vaccine studies for Corona viruses formed a base for rapid development and approval of the COVID vaccines via operation warp speed with strong US funding under the leadership if the Administration of MAGA's Orange God, yet the MAGA faithful spat in Trumps face by lying about the efficacy of the vaccines and many died because of it.
LMAO! So you want to believe that some PHd's sat around for decades knowing COVID would somehow emerge out nowhere from animals in a Chinese market in late 2019-early 2020? You can't develop a targeted vaccine until the virus is around, isolated and you have samples of it for study and research. The point of this discussion started with us agreeing how stupid it was for the MAGA cult and Republicans to lie about the vaccines and discourage folks from getting it. SMH
No its not. COVID wasn't even around and no one knew of it until early 2020, after it emerged from that market in China. Once people starting dying in huge numbers and it spread across the globe the vaccinations were developed very quickly with huge funding from the US during the final year of Trump's Presidency.
Yep. And, what is so amazing is that Trump bragged about how he created the Vaccine, and he was so proud of how fast they developed it. He was one of the first to receive it on TV and touted it hugely. It was all developed while he was still President, and I have to agree that it was a real down and dirty thing that they announced the success of the vaccine and FDA approval, etc. a couple of days after the election. It was all manipulated so as not to come out before the election and make Trump look good.
But then MAGA and a lot of Republicans boycotted the vaccines and spread false claims that they were harmful and would kill people. I remember watching on the TV news every night the tearful testimonials of seriously ill patients with COVID who were not vaccinated giving interviews right before they were put on a ventilator, on how wrong they were and how everyone should get the vaccination. We knew some anti-vaxers who made the wrong mistake, and it cost them dearly and cost some their lives.
That might explain the large block of shares for sale on the ask at $2.23 earlier this am., which would seem to indicate there are some flippers here.
LMAO! There is no need for anyone to pump outstanding tickers of highly successful financial companies with strong fundamentals, strong earnings, impeccable assets and extremely strong balance sheets like JPM and BLK. SMFH
Agree. Although $2.25 is nothing to get excited about, if the higher share price holds, at some point one would expect some short covering. The percentage of shares in short position was not significant at last report (1.66%), but that was over 600,000 NB shares sold short in short position, with around 9 days to cover given avg. daily volume at the time.
I am not trapped in anything, and do not have any stake here. Just got interested in the meme stock phenomena in early 2021, and comment on the meme stock boards from time to time. It never ceases to amaze me how the APES and meme stock clowns continue to believe that every sale of GME or AMC is a short sale, and that everyone who posts objectively and factually here and on AMC is somehow a villainous short of hedge fund person. SMFH
Yes indeed. New highs are becoming very frequent here with CAT
The problem Diog., is that a lot of the MAGA cult crowd simply doesn't care if Trump is a lying, despicable, deranged jerk who abuses women and hates on veterans and the military, etc. No amount of truthful negative evidence against Trump will sway them
Yep. Rudy Guiliani was a top-notch brilliant Prosecutor and a fine attorney, he was an outstanding Mayor of New York, and I thought he would make a great Republican candidate for President and was likely to support him, but he never got off the ground in the Republican primary for President when he ran. But like others, he got in bed with Donald Trump and that ruined him. He is now disbarred, broke and bankrupt, and his life is ruined and in shambles, much like the My Pillow Guy, Mike LIndell, who likewise ruined his life and ended up in financial ruin because he hitched his wagon to Donald J Trump. One would think folks would learn at some pint.
LMAO! You are full of 💩🤡. the Arizona Republican Party spent a lot of money investigating and conducting a complete audit of the 2020 election results and concluded that there was no fraud or any other reason to question the results. SMFH
I have never suggested GME will go belly up JJ. I have pointed out that it remains overvalued and that it has been manipulated and propped up by those who mistakenly believe there will be another significant short squeeze here. There are not enough GME SHARES sold short in short position to generate a major squeeze again. only approx. 8% of outstanding shares, meaning just a couple of days to cover all shorts.
LMFAO! You are so full of 💩🤡! BLK is up strongly today: $947.46 +$10.66 (+1.14%)
Agree. But that has never meant anything to the APES. Go back and review the frenzy created here and all of the articles and news stories on the re-emergence of roaring kitty and the effect that had on AMC and GME and the huge spikes in volume and share price attributed directly to RK. SMFH
Just go back and remember the frenzy after RK re-surfaced, and then fizzled out. The big drop came after his stupid nothing burger webinar, and it dropped way back. The recent drop in share price has come just from traders realizing that AMC is still overvalued, given its huge debt load and AMC kicking the can down the road and giving up ownership in tis trade name and a bunch of theaters to get the debt extension done.
Neb: Master is right. The spike to which you refer this past May came in the days after Keith Gill a/K/a Roaring Kitty re-emerged for the first time in years in on-line postings, and APES went nuts and bought up shares of GME and AMC like there was no tomorrow. Do you seriously think it was institutions reacting to DFV/KG/RK? SMH
LOL! that is one hell of a stretch if there ever was one.
That's it. Keep digging yourself in even deeper with the actionable defamatory lies. I am certain at this point that every false and defamatory post like this you are making is being logged into the evidence books and litigation manuals.
Thank you again for posting yet again that Blackrock, Inc, in New York has not filed for Bankruptcy, and that it was Blackrock International in Louisiana, a completely different company, that filed for Chapter 11 way back in 2021. It is right there in what you keep posintg.
We did read the link. You apparently did not. SMFH This is from the link posted:
Patrick McHenry is a rock star.
I will believe it when I hear it. they have been touting this spinoff for over 2 years now. It has been filed with the SEC and they have continued to answer every set of questions they get from the SEC.
Yeah, I know, but there has been a recent surge up here in volume and share price. They are supposed to be announcing the effective date of the spinoff of the DMint bitcoin subsidiary any time now.
Monk: What do you make of the huge spreads here today? At one point it was .60 or 22% of the bid. $2.70 x $3.30. Right now, it is .59
You have been full of it for years. And if that were in any way true, Blackrock (BLK) would not be trading at $940.00+ per share right now, just below its all-time high. SMFH
P.S. I suspect your antics today will result in you hearing from the Blackrock legal dept or its outside law firm.
Sheeeeeeesh! You are so full of Bullshit. And you conveniently left out the most important part of the article, which corrects the error you continur to perpetuate:
LMAO! Did you even read what you just posted?
LMFAO! You claim to be the only one to know? If Blackrock filed for BK yesterday as you have now claimed multiple times, then it would have constituted a material event which would have had to have been filed and disclosed. And, are you so ignorant to think that if you and others somehow know this, no one else does? If that were actually the case, which it is not, then BLK shares would not still be trading near its all-time high at $937.72 per share, and BLK would not still have a market cap of $139.5 Billion. Like I =said, all of the banks you post defamatory lies about should come after you and sue you for libel and slander. SMFH
You are an ignorant clown. My post was factual.
She is also under investigation with judicial ethics bodies for failing to publicly disclose her attendance at, and participation, right wing political conferences while a sitting judge, which is a huge no-no.
I seriously doubt Judge Cannon is on the take, but she is definitely incompetent and has shown true bias. She has already been spanked once by the appeals court, and legal experts all over the place have questioned her competence and integrity.