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Yep!
It may help when those reserves are on the balance sheet.
What do you mean?
Man she wants to go up!! I wish mdmp would put some good news out!
What could all of that mean?
Volume slow down today after the shorts were dropping the price. The price did not go up nearly double yesterday and then drop so much today without a little manipulation from the shorts. It will be interesting to see if they have the same impact on the stock price starting tomorrow with the new share shorting rule in effect. Im certain it wont go to $1 tomorrow, but Im hoping for a close in the .45-.48 range.
This is the key and the shorts know it. When that quarterly report shows $1.4 billion in reserves, the price will go crazy.
Picked up another 20k shares on the dip. Im ready for the new shorts rule tomorrow. Should slow this crazy dipping and flipping.
Id argue low volume because people are sitting on their shares. The shorts are trying to recoup right now. New shorts rule goes into effect Friday. This could get ugly for thwm fast!
If only people would raise their ask!
I hope you are right!
The longer they go without a PR the lower the pps will go...
I think it is people are holding now. I dumped some shares to get my initial investment out. Not selling anymore until a decent climb.
Gotta break .50 first....
What makes you think that? Simply curious. Ive held on to a LOT of mdmp so the dip today has me nervous.
So the valuation is really more like $4-$5 per share?
Why do you think that? Honest question. Im new to the trading game. Got a lot of this stock though...
Yrs
Where do yall think we start tomorrow?
Im sitting on 300k shares! Hope it is a life changer!!
Could this make $1? $2? 3?
Am I wrong by doing the math?
Sliver of hope?
Hell, I've still got 15000 shares and hoping for a miracle!
Monthly filing yesterday had decent numbers.. damn shame we wont keep our shares. I thought I read where they can offer up to 50 million shares. Why dont they simply sell more shares? I know it will dilute the price some, but...
Anything new with these guys? Figured the stock would be 0 by now...
Well, the hearing scheduled for this afternoon has been cancelled.
I'm sure the SEC is very aware of what has been going on. The stock price was driven up, people sold out, and then bankruptcy was declared. This had to be an inside job for some.
What's interesting is that people continue to buy and the Plan of Reorganization clearly states that Class 9s will be canceled, released, and extinguished. Very confusing...
Maybe the SEC or judge told them NO on canceling commons and it hasn't come out yet...
Why would people continue to trade this if the POR says they are going to cancel stock?
I will be filing a complaint as well.
Probability it gets confirmed?
So we are done?
I’m no lawyer...
It mentions new common stock but doesn’t say anything about common stock cancellation. It says they may issue new common stock to raise capital. Hopefully someone who knows more, a lot more, than me can break it down.
Plan of reorganization posted on prime clerk
I believe VNR has 30 days to submit a plan of reorganization, correct? Not full approval. 30 days will be tomorrow at the omnibus hearing possibly?
Should get the plan of reorganization tomorrow and will probably know if commons will be canceled.
There also a hearing tomorrow at 10am, according to the prime clerk website.
Hmmm. I received a response right away...