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Well I guess I just got my question answered as to this going lower, What a shame when I saw on level 2 that there were two 250k sells at 3:59 I had the strange feeling that this morning would pick up where it left off.makes no sense at all but that's the way it is
Sure would be nice if they would do any kind of PR. but Im sure they are playing it exactly like they want.
I know that's right,
I'm usually a day late and a dollar but patience is key
I have no doubt that this will run my doubt is how much lower are they going to walk before they let the Kraken loose. And not sure I want to go for the ride
I've been in this for months and in the last couple weeks I've followed the buys and sells on level 2 almost to a science.
I feel like one of the rats behind the pied piper. I think tomorrow will be my last day following the piper.
I might come back in March for phase 2 if they have luck with finding, this is headed in the wrong direction for me guys.
Could be a good thing for us, when a major run is about to happen you won't see him
Wow! That was not only well said but sounds like you've been down that road before.
I'm also an ex player.
Made a little, lost a lot on his game. What's really messed up is in his videos he gives entry and exit strategy to follow.
But your absolutely right. Students who all team up with 4 to 5 million can do serious damage
I thought the Q stays with old symbol and new shares issued has no Q. And that happens after the final hearing in january.01/28/21
If that's wrong please correct
I would love that Q to be gone now
No use trying to alter this price with more buys, of all the stocks I've been in this by far is being controlled..
For whatever reason the price is exactly where someone wants it to be. Something is telling me that whoever is running the show isn't going to let this drop to far. In the same breath they are not letting this run. Old saying "He who pays the piper also names the tune"
Someone wants this to move up.
Day 1!!!
Page 5 it says 0% discount of the VWAP of common stock.
Did you not receive a package from bankruptcy in mail?
All share holders should have to vote. I'm looking thru them now to see if discount on notes is there. Best I can see is 110% of the DIP obligation.
Did you not receive a package from bankruptcy in mail?
All share holders should have to vote. I'm looking thru them now to see if discount on notes is there
It's really hard to figure out what the true motives are with any of these companies that are on here, some probably start out with great intentions then get inticed with toxic financing.
Then they get stuck and can't get out so they go deeper.
Then next thing you know they hook up with another thinking this will get them out
All while their products or services take a back seat.
Once in a blue moon our planets do line up. Right place, right time, hope this is one
My wife says That's why there's no prices on the carma caffe menu, cause no one can afford the prices, So right!!
We all needed this today.
Hope it continues for a few more.
Seems like Jcpenney is doing good to
It's funny I haven't seen one 28,125 buy or sell today, and considering they have at least 20 times if not more everyday in the last week then I would say someone's program has changed.
I'm not complaining.
On it!!!
That Pacer document just answered a big question I had. And that it is a third party that has been holding the price down. Not that it made a difference but at least it adds a little more credibility to company. Who knows maybe this little treat was so that everyone left doesn't sell out
Then there would be no one to buy Monday. Lol
OMG! I leave for two hours and now look. Good job
Your not happy with the amount of shares being dumped now, how much more do you want
I don't think they are buying I think they or a 3rd party is selling but only after the buys start to move price up then here comes 200,400,900k to bring price right back down. I've been glued to level 2 screen and it's
As if someone is waiting to sell
And your theory on this running on the effective date is ?
So far the days that have had any kind of news didn't really help out that much.
That makes the most logical sense. Those are some huge sells that are being dropped back to back. Because I think if it were retail, then they would have been bought at sub level, which makes no sense to selloff now.however if the endgame is to receive convertible notes at discount then I'd want the lowest price possible.
Well at least one good thing,
If it's being controlled in this direction then I can assume they will cut it loose at some point to head up. Just wish it was now.
Lol
Someone does, the more I watch the buys/sells the more I'm seeing repeat numbers in groups.
And that can no way be random.
Sounds good to me, I don't understand why it's being driven down so far right before the effective date. I would think a higher price would be to the companies advantage.
Has anyone else notice the trading pattern that keeps showing up, on level 2 28,125 in a group of around 500k seems to repeat, and not as a flipper but looks programed to walk this down slowly. I've been watching it for days
Q I meant.
My understanding of the Q is that it stays attached to old symbol and after BK is completed any new shares that are issued will not have A on the end of symbol, not sure how it works when these shares are not eliminated. I'm still researching but that's best I can find
He should go ahead and do at least a scripted PR. Can't hurt
I share your vision.,
I've done alott of dd on this company and my conclusion is one of two ways, 1) company gets it together with some transparency.and PRs.
To facilitate the rise in price, better for them better for us.
2) that the need to bleed off every penny they can grab. But that doesn't make a lot of sense
Because this could easily go up to 1.00 why play down in subs to do the conversions. I hope it's 1,get it to fly
Anybody care to share your thoughts on this for tomorrow,
And please no BS or doom and gloom. Just an honest best guess
I'm not sure what's going to happen on effective date if it's going to run or continue to sell.
I've been in this for a few months and just as I decide to get out it takes a wild turn and runs, maybe tomorrow will be one of those days, it's close to impossible to predict which way an otc is going to go. But I'm sure we will know soon enough.
Good luck to all
My opinion is this starts its way back up maybe at a slower pace but still up.
I'm long in this so a couple of down days are not going to scare me to sell if anything I'll be buying as much as I can afford.
Slot of PRs that will flow so we will see.
With a 2.50 a share rule the amount that would be required is up there, can't really see how it's worth it. But then again I don't have gazillions of dollars to play with
I think there were a lot of day trades made Friday, I watched level 2 and noticed an odd figure 28,125 followed by 5,000
Buy then 3 points later both sold. I followed those buys and sells throught the day, And realized it was a flipper. So I can only imagine they weren't the only ones, That plus Friday plus the 8k was no new news. And maybe the elections put the icing on the cake, who knows but sounds good to me,