Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
If the CEO refuses to invest at $10.75 valuation and can not convince anyone else to, then we don't want the merger to be official.
Hopefully the June 20th news about TikTok ban causes the price to jump up to $3.50 so everyone can sell out again.
Is everyone here ready to sell for 20-30% gain?
The stock still needs someone willing to invest a big chunk of change.
The CEO should invest at the $10.75 valuation to show that they believe the valuation they put in multiple Press Releases.
If that was the case, why not buy some in the public market beforehand?
Hopefully someone buys shares at their $10.75 valuation.
If not, that valuation was a lie.
A lie that was repeated multiple times in press releases.
In conjunction with the merger, AGBA shareholders will receive 1.24 shares in exchange for 1 share they own.
Much better than a reverse split that usually happens in these events.
What will you guys be doing with your new found shares?
Daily short is 60%
But, like I said, if someone sells shares before the buy side has settled, you tehnically sold short as you don't have the shares.
Short interest reported as of 1st and 15th is best information retail traders can get.
Technically, if you sell shares before settlement, you are selling short.
I'm here for my money.
The Triller CEO literally posted say that's a wrap yesterday.
Let me know what you think that is indicative of.
Kind of is your problem when the SEC auto delists due to fraudulent activities and your investment is $0.0000
Price is less than $4
Where is this capital that is chasing them?
They can't find anyone willing to pay their $10.75 valuation, so I propose one that is perhaps a little closer to reality.
I made plenty trading the stock and warrants here.
I only have $10k left in warrants.
Everyday the Triller CEO is saying stuff like the deal is done and yet, no filings.
That was after I 4x my initial investment via trading.
If they aren't FOS, then they must have someone who is willing to invest at their valuation or they lied.
I really hope that they can get people to invest at their valuation, but I have seen so many people lie to get others to hold while they sell.
If they believe the valuation, it's time to put up their own funds.
How many PRs did they put out with this valuation?
April 18
April 19
April 30
May 6
May 21
If they are unable to put up their own money at that valuation, they have lied and misled investors.
If tomorrow, they announce financing at $0.25 per share will you feel that they misled you?
If the CEO is unable to find people willing to invest at $10.75, can shareholders sue for inappropriate and mislesding valuations?
Maybe this is why their is a delay in filing the proxy?
Shorts were able to shake the tree down to $3
Maybe it has more room to go down, but you can see it bounced pretty strong off of $3
Of course, no deal is ever 100% certain to happen, but doubting the merger is foolish.
The doubt lies in where they can obtain financing.
$10.75 financing will give this a moonshot.
What are you talking about?
On AGBA side the majority shareholder is already a minority shareholder in Triller.
Other Triller investors may want the company to go public so they can diversify out of their position.
With the possible ban, now is the best time for Triller to be a public entity.
The fluctuations are expected until they can announce financing pricing.
Dont worry, i didnt report you to SEC for having inside information.
Nice, $4 will be back.
@MRc2 news tomorrow?
The CEO should still plan to announce his $10.75 purchase to match the valuation provided.
Would be crazy to see Richard Tsai buying in at that price.
If capital is truly chasing, then issue shares at that valuation if not more.
Well, I was hoping (dreaming?) that they could get something rolling here this week.
Unfortunately, it looks like the big meme stock will have another run.
It seems imminent that AGBA is going to announce filing the merger proxy, but we likely won't see much of a bump if focus is elsewhere.
Are you willing to invest at $10.75 today to give credence to the valuation?
Unfortunately, the company needs to get financing at $10.75 valuation or was the valuation garbage?
The CEO has yet to invest at $10.75 valuation, does he not believe it?
Hopefully soon.
Even if it is at a lower price, it should still go.
As I said before, the market wants clarification on financing.
Financing at $10.75 sends this.
Your signature: "follow us at shortcoverkings"
What exactly do you think when you read:
shortcoverkings ?
Or was that before some rogue wave?
Been awhile, but this is a good watch:
With a signature like yours, that's a bad thing. Shorts bragging about covering at lows is never good.
You can see the last PR had no follow through, the market needs some meat or the shorts will just keep it down.
So, yeah, tell your contact that financing at their valuation is the only thing that will work.
If they can not get that and the executives refuse to invest at that price to boost public belief in the valuation then the executives have lied and they don't believe the PRs they have sent out.
Financing at $10.75?
If its not financing at $10.75 or even $5.375 then no one cares.
I bought more warrants.
Since you have inside information, should I buy more of those or did the $10.75 valuation not exactly get a lot of investors?
Guess we should have taken this post (from someone who has insider information) as a sign that the goose was cooked.
Its been more than 180 days since they bought and with this recent quarterly report, they can sell their shares.
If the insiders believed the valuation, why haven't they put up their own money into it?
It seems obvious that they are searching for a big sucker and if they can not land it, Yorkville Advisors will sell the $378 million needed for Trillers liabilities, who want to be paid out now.
I have been told that $378 million is walking around money for you guys. So what is the holdup?
Can the CEO convert his debt into equity and dump if they are severely late on filings?
He can issue himself 207 million shares at a price of $0.2537
If he can't, I am sure someone can do it overnight for the right price.
No financing again.
Yorkville Advisors ASSEMBLE!
FYI, CEO and other insiders can sell their cheap shares.
Pretty sickening.
Financing sends it higher.
Its pretty disgusting that they put out the $10.75 valuation after they bought under $1 and yet they themselves refuse to invest at $10.75
They have this great idea to promote the stock at some conference.
Buying in at their valuation would show confidence.
The fact that they haven't makes you wonder if they themselves believe it or not.
You can see many people have quietly exited realizing that their is no savior as of yet.
Someone needs to repair the bot.
If they refuse to invest their own money at $10.75 valuation, than the valuation isn't worth the piece of paper it is written on.
I only continue to hold the warrants on the small chance that someone decides to ramp the stock.
Today with the investors conference, it would be a great time to announce the CEO purchasing shares at $10.75
Look at this great value proposition .... and here is our CEO investing at the $10.75 price.
Instead they will have a presentation wherein they give $10.75 valuation and oh yeah our CEO recently bought shares at a 66% discount to today's price.
What a joke.
Lack of news.
Lack of finding anyone willing to invest at $10.75 valuation.
Even the CEO who bought shares when this was trading at $0.50 refuses to buy shares at the $10.75 valuation.
Ouch.
I guess now people are waiting for earnings to release and then insiders can dump.
If they believed they would invest at $10.75
Why should anyone else believe if insiders do not believe?
Short interest was at 2.75 million previously and has come down to 1.6 million.
Financing news would have squeezed the mfers.
Delay only helps them.
Announce some tomorrow.
A token $378 million to eliminate all debts would ease fears and cause people to hold for more than $4 or even $4.50
@MRc2 tell your handlers what is needed.