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Why is RIOT filing so many SEC filings on a Friday afternoon/evening.
Hoping people won't notice? More dilution?
> then that is when the "hostile takeover" will start.
Once Bitfarms turned them down and RIOT continued their stock purchases, that was, imo, the beginning of the hostile takeover attempt.
While we may have differing definitions of when it may or may not have started, but think we both see it going in a similar direction.
Hostile takeover.
No mention here of RIOT's attempt to takeover over BitFarms in what now looks like a hostile takeover?
Yeah, as I have stated previously, RIOT looks to have turned into a dilution platform, for the sole benefit of the employees (management?), and screwing its shareholders.
While I do not usually have an objection to a company diluting its shares to provide employee benefits, RIOT does not yet seem to have reached the level of corporate, let's say, wealth to justify such rabid stock dilution.
And it shows in the stock price.
My question at this point is... why does RIOT management continue down this path of shareholder dilution?
Got the SEC proxy filing today. More dilution to benefit management. Can anyone offer an opinion why RIOT is not a dilution machine?
Thanks.
or maybe ...
As a result of a settlement, he might have needed to sign an NDA.
** INTV promo on Twitter:
Unfortunately, X (Twitter) no longer allows me to view posts on that site. They want me to create an account, which I refuse to do.
So, if X wants to stay relevant, maybe allow public viewing? An aside, the SEC had deemed Twitter to be a valid source of company information because it had been a true public square.
Not anymore. it is now a private area with an entrance fee.
When will the CEO of INTV start posting company info on a truly public site?
WTF is going on with all these 144: Filing for proposed sale of securities under Rule 144 email notifications I've been receiving.
Is RIOT still in dilution mode?
> Steve needs to focus on the business instead of ...
With his comments about politics and, now, bitcoin, it almost sees as if the CEO is losing attention to his company.
As you say, he needs to focus.
For example, why not post a weekly status update of mining?
The INTV twitter account is about INTV, not his opinions on other things.
There was a name change earlier this year.
https://ih.advfn.com/stock-market/NASDAQ/riot-platforms-RIOT/stock-news/89894571/riot-blockchain-inc-announces-corporate-rebrandi
Riot Blockchain, Inc. Announces Corporate Rebranding to Riot Platforms, Inc.
> that is a moving target.
Moving? How?
>> We would be above $7.50 is they stop being pigs.
This stock is looking more like a dilution machine.
Shameful.
SEC Filing Alert
4: Statement of changes in beneficial ownership of securities
When is RIOT going to stop this draining, continuing dilution? I received five of these emails this evening. Five!!!
No wonder MARA seems to be lapping RIOT.
" Statement of changes in beneficial ownership of securities"
Wow, I keep getting these email notifications.
Why all this dilution?
A small 1% increase in short interest through the end of March, short interest: 511,353 shares.
Full data are here: https://www.otcmarkets.com/stock/INTV/quote#short-interest
.
It does seem like some entity is playing with trading. Price/volume relationship has looked odd for the past week or two.
Bitcoin Mining Stocks Look Cheap. Why Investors Are Still Skeptical.
27% drop in short interest for first two weeks of March. Short interest dropped to 506,379 shares.
Full data are here: https://www.otcmarkets.com/stock/INTV/quote#short-interest
.
Short interest increased during first half of February by 3.7%.
[...]
End of December 2021, 1,196,822 shares sold short, a decrease of 29.66%
Mid-January 2022, shares sold short: 1,002,414 a 16.24% decrease.
End of January 2022, the shares sold short dropped 31.31% to 688,595 shares.
First half of February 2022, shares sold short increased by 3.71% to 714,145.
Full data are here: https://www.otcmarkets.com/stock/INTV/quote#short-interest
Not clueless, but uninformed by the company. This is another reason why INTV needs a PR firm.
I hope that is the case for many others. We need volume here.
Now, if only the CEO can keep the political commentary off of the company twitter account. Since INTV does not seem to have a PR firm, that account is one of the main sources of information about the company, yet it is often littered with political commentary.
Short covering jumps ahead with a 31.3% decrease in shorted shares for the second half of January.
July 15, 2021, there were only 1,211 shares sold short
About a month later, August 13, 2021, there were 770,800 shares sold short.
By the end of August, that had doubled to 1,517,652 shares sold short.
First half of September saw it continue to increase, September 15, 2021 had 1,842,933 shares sold short.
At the end of September 2021, the shares sold short increased to 2,660,043, more than a 40% increase from mid-September.
Mid-October 2021, the shares sold short increased to 2,935,372, more than a 10% increase.
End of October 2021, the shares sold short decreased to 2,686,812, over an 8% decrease.
Mid-November 2021, the shares sold short decreased to 2,541,658, over a 5% decrease.
End of November 2021, the shares sold short dropped 23.6% to 1,941,574 shares.
Mid-December 2021, the shares sold short decreased 12.37% to 1,701,395 shares.
End of December 2021, 1,196,822 shares sold short, a decrease of 29.66%
Mid-January 2022, shares sold short: 1,002,414 a 16.24% decrease.
End of January 2022, the shares sold short dropped 31.31% to 688,595 shares.
Data are here: https://www.otcmarkets.com/stock/INTV/quote#short-interest
Short covering slows down with a 16.2% decrease in shorted shares for the first half of January.
July 15, 2021, there were only 1,211 shares sold short
About a month later, August 13, 2021, there were 770,800 shares sold short.
By the end of August, that had doubled to 1,517,652 shares sold short.
First half of September saw it continue to increase, September 15, 2021 had 1,842,933 shares sold short.
At the end of September 2021, the shares sold short increased to 2,660,043, more than a 40% increase from mid-September.
Mid-October 2021, the shares sold short increased to 2,935,372, more than a 10% increase.
End of October 2021, the shares sold short decreased to 2,686,812, over an 8% decrease.
Mid-November 2021, the shares sold short decreased to 2,541,658, over a 5% decrease.
End of November 2021, the shares sold short dropped 23.6% to 1,941,574 shares.
Mid-December 2021, the shares sold short decreased 12.37% to 1,701,395 shares.
End of December 2021, 1,196,822 shares sold short, a decrease of 29.66%
Mid-January, shares sold short: 1,002,414 a 16.24% decrease.
Data are here: https://www.otcmarkets.com/stock/INTV/quote#short-interest
Has RIOT turned into a dilution engine?
The recent filings seem to show little more than a dilution of stock, apparently transferring the wealth of the company to a few select individuals.
Is that why MARA has been lapping RIOT of late?
Short covering speeds up again with a 29.6% decrease in shorted shares for the second half of December.
July 15, 2021, there were only 1,211 shares sold short
About a month later, August 13, 2021, there were 770,800 shares sold short.
By the end of August, that had doubled to 1,517,652 shares sold short.
First half of September saw it continue to increase, September 15, 2021 had 1,842,933 shares sold short.
At the end of September 2021, the shares sold short increased to 2,660,043, more than a 40% increase from mid-September.
Mid-October 2021, the shares sold short increased to 2,935,372, more than a 10% increase.
End of October 2021, the shares sold short decreased to 2,686,812, over an 8% decrease.
Mid-November 2021, the shares sold short decreased to 2,541,658, over a 5% decrease.
End of November 2021, the shares sold short dropped 23.6% to 1,941,574 shares.
Mid-December 2021, the shares sold short decreased 12.37% to 1,701,395 shares.
End of December 2021, 1,196,822 shares sold short, a decrease of 29.66%
Data are here: https://www.otcmarkets.com/stock/INTV/quote#short-interest
Billionaires Are Embracing Crypto in Case Money ‘Goes to Hell’
Short covering slows with a 12.3% decrease in shorted shares for the first half of December.
July 15, 2021, there were only 1,211 shares sold short
About a month later, August 13, 2021, there were 770,800 shares sold short.
By the end of August, that had doubled to 1,517,652 shares sold short.
First half of September saw it continue to increase, September 15, 2021 had 1,842,933 shares sold short.
At the end of September 2021, the shares sold short increased to 2,660,043, more than a 40% increase from mid-September.
Mid-October 2021, the shares sold short increased to 2,935,372, more than a 10% increase.
End of October 2021, the shares sold short decreased to 2,686,812, over an 8% decrease.
Mid-November 2021, the shares sold short decreased to 2,541,658, over a 5% decrease.
End of November 2021, the shares sold short dropped 23.6% to 1,941,574 shares.
Mid-December 2021, the shares sold short decreased 12.37% to 1,701,395 shares.
Data are here: https://www.otcmarkets.com/stock/INTV/quote#short-interest
What is interesting is that some here are focusing purely upon the company and its performance for the recent decline, when the crypto industry has been trading lower for nearly a month. For example, RIOT went from over 39 in November to 24, where it is now.
INTV's drop from 0.28 to 0.19 doesn't seem as bad. Probably because it seems shorts are trying to cover.
No wonder it seemed as if the shorts were having difficulties holding the price down...
Major short covering occurring. 23.6% decrease in shares sold short for the second half of November.
July 15, 2021, there were only 1,211 shares sold short
About a month later, August 13, 2021, there were 770,800 shares sold short.
By the end of August, that had doubled to 1,517,652 shares sold short.
First half of September saw it continue to increase, September 15, 2021 had 1,842,933 shares sold short.
At the end of September 2021, the shares sold short increased to 2,660,043, more than a 40% increase from mid-September.
Mid-October 2021, the shares sold short increased to 2,935,372, more than a 10% increase.
End of October 2021, the shares sold short decreased to 2,686,812, over an 8% decrease.
Mid-November 2021, the shares sold short decreased to 2,541,658, over a 5% decrease.
End of November 2021, the shares sold short dropped 23.6% to 1,941,574 shares.
Data are here: https://www.otcmarkets.com/stock/INTV/quote#short-interest