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next week under in the .002s
This will be under 10, so it'll be even cheaper IMO
yeah nice 4 day weekend! lol
IMO.. I'm sure some VC gave him a line of credit against the POs and the VC is the one selling to recover the capital - its not totally a bad thing. OR, In some cases, the VC we'll get those toxic convertible notes.. turns into a short fest!
what is more important for a major seller price or liquidity? IMO
the march to $10 continues! IMO
meaning citi is having a difficult time placing the stock with institutions especially those that already own millions of shares. Very bearish when the lead manager of the allocation has to spill the stock out there.
want to own tons of it.. good potential after the r/s
I have several bids in place so hopefully I'll get filled. You'll see volume soon
yeah Im sure. IMO i think the product is awful for taste (extremely sweet). But there maybe a market for it.. I will never knock a company for selling stock to fund their operation, sales etc. I know exactly a budget you need to have to run a team. A team is needed to give the product the best and possible chance of succeeding. I've done this and my other colleagues who run successful beverage companies. Please take a look at reed. its a traded stock and its not in the gutter.
Haha, I know how to get a product into Walmart, very easy. In fact, tell me how many reorders does BBDA get from Walmart a month? cases, pallets, truck loads?? I bet most of the inventory is barely moving. hmmm I should make calls and find out.
I would want to hear, BBDA gets huge order from Manhattan Beverage. thats would be news! IMO
BW must be loving it. Huge volume that can easily facilitate large amounts of stock. if you sold 5MM at .0033 thats $16,500.00 multiply by 5, by 4 etc.. that not bad, he can build sales/merchandising teams. IMO
You guys still LONG the print machine?
smart, don't pay up
you got it. that's why i let it go against me and shorted an additional 5k at 13.44. If they went into that direction (short) is because they had an indication the allocation may not go that good. IMO. reason why i say this, I ran a trading desk. CITI see it as an opportunity to hopefully get more institutional order flow on their desk.
I even had JCP go up against me, never covered. now I have a buy a stop limit which i have lowered to protect my profits.. My call has been JCP will trade below $10 at some point because there business model IMO is a failure.
I've made money from initially shorting at 18, (14.500 shares) covered under 15. Shorted again at 14.90 (10,000) and covered several at 13.05 and balance at 12.60. Shorted 2000 at13.29, and 5000 at 13.44. covered 5000 at 12.64. Only short 2000 right now. You should follow my other companies. I've posted all my entry points..Plus i still have the $10 puts of jcp
look at my posting aug 26. thanks
flush and spin for nani
my expertise is monitoring order flow. postings don't cloud my decision in any given trade.
it's a weak allocation...I'm sure with the fees and all, CITI cost is lower than 12.60.. Citi offered their high net worth cliental the stock at 12.90.. You know what it seems like, a hedge fund or two (shorter) could be trying screw citi on the deal. if they know citi is having a hard time allocating the shares. blood in the water. Basically trying to instigate citi to dump the remaining stock in the street which would drive the price lower.
IMO
yes it's a gamble. here it is.. Citi has never had a strong trading desk. I'm sure they had to break the offering a part. If this was street scattered this stock will go lower if it was Institutions taking in stock (which I doubt), you'll see better control of the float. CITI deals with a lot of high net worth clients from around the world. When it comes to US equites CITI is very weak with institutional clients compare to the Goldman and MS of the world. I was part of trading desk for many years so I understand how they go about allocating
"investors (less control of the float) had agreed to buy J.C. Penney shares from Citi for $12.90 each, the top of the range the bank was seeking, according to marketing materials. The stock traded higher than that on Tuesday morning, meaning investors–or the bank, if it kept any stock for itself–would be able to flip it for more than the offer price". HE'LL YES THEY FLIPPED IT..
1/2 a point away is not 15. I took a short position around 18. At this point, I took a chuck out of this stock. I am very familiar the trading ranges and the company. This is what I do best. yeah I keep saying because we'll see $10 on this stock at some point
Its not totally about Ackman. JCP business model is a joke. every girl I know hates jcp. they shop in bebe, h&m, express, Macy's (depending), VS, Banana republic, forever 21
Wait till its under $10.
Great job on your trade.. I didn't see it drop this morning until it reached over 10.30. awesome swing. shorted over 10.30 and 10.58 and 10.64 we'll see what happens. Looking for a retrace.
rumors are out on buyout. samsung don't want them and now there worthless bbm will be spun off.. so if you're long and holding on record date ( once it happens) you'll get some bbm shares lol I'll short that too
yeah i have offers out..
yep shorting
Even samsung thinks its worthless
http://wallstcheatsheet.com/stocks/blackberry-takeover-turned-down-by-samsung-and-2-other-hot-stocks-to-watch.html/?ref=YF
BBRY looking ugly. btw solid call on the tvix.. just bought all together 3500 shares..
makes sense why silver lake blew them off LOL
I was at a PE conference doing evaluations on various companies.. I can't see how someone is going to pay $15 a share for BBRY. these PE/VC are not paying premium for anything especially in the mobile industry. BBRY hope is their BES.
yeah war gonna happen with syria for sure.. market doesn't care. Market is overdue for a correction especially that we been in an economic stagnation
market down and ONVO strong!
what?? that's BW marketing plan? gee I should have done that instead of building routes.. reed beverage should have done that too LOL.. People today are consumed with to many things to even care of requesting it. IMO
100% promo was to promote the stock. in fact they were shouting it in the streets. Its called a "splash" Very common with penny stocks. Like I said in my earlier posts. BW main objective should have been to have at least 200 stores carrying the product before you do a demo.. They could have contacted a distributor, offer them an incentive and bang you have 200 stores.. Its a called a blitz tactic.. At that point, have a parade on 5th avenue
yes!!! Corner of Wall and Board St. that area are mostly tourist people wandering around aimlessly. these guys main interest is to promote the stock.
IMO
going accumulate some in the coming days
creates a swinging opportunity for traders nothing more. Overall this company will find itself under $10 eventually.
Citi can't place anything. jcp should went with goldman.