Anxiously waiting for POSC to drop the big one!
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Thanks Checker. It sounds like Hermso might be correct that they might be working on a very large candidate, but have a backup just in case? Very peculiar to say the least. How good would this be if they found a very impressive candidate along with the low float. The plot thickens.
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Could you elaborate on that, or are you going to leave us hanging? I hate cliffhanger posts. LOL
I hear ya. The one positive I am trying to remember is we have seen an unbelievable amount of mm manipulation with this. Of course that is mainly related to to the low float. I think we will be all right here, but it is tough to watch right now.
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Hello Peter,
Of course they may have more than one candidate. If that is the case I would have preferred them leaving the 888 million comment out of the press release. I feel that part of the press releaae was not very well thought out. It leaved too much room for wondering and speculation. Maybe they did that to jerk around the mm's which is crafty, but leaves some of us bolting for the bottles of Rolaids lol. Hopefully we start to get some filings on pinksheets or other news this week in order to calm things down. I am in at .012 and do not have a lot of ammo left to keep throwing at this.
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If they read that article which clearly said 12-15 weeks from the date of the court order (Nov 5th) then why are they running? The only positive explanation for this is if the mm's are even more short than we thought. There are some dudes on this board with very large positions. I would wager that everyone here combined owns a total of at least 30 million. I am concerned that by the time the bleeding stops that a 10 bagger will be .03 cents lol.
I did check the ticket and it is closed with no response. I was polite and was not hostile or threatning with my inquiry. I was merely inquiring about the A/S issue between the pr states and what is on the SOS Nevada website.
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There is obviously no dilutiion going on right now, but this is tough to watch. Is it possible that the mm's are even more screwed than we thought? This cannot last forever can it? Eventually something has to give.
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Thanks for clearing that up for me. Good luck to us all!
Thanks for the explanation dblue. I do have a couple of questions. So that 250 million restricted was not part of the float, or the 250 million doubled the float to 500mil? Also was there anyway of knowing that these 250 million restricted existed? How do we know someone does not have restricted shares of VCTY? I just want to make sure I am understanding this correctly. Between the low float, tight hands, and mm manipulation this almost seems to good to be true. I am in at .013 and would be happy to see .05. Thanks for all your help.
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Great post greennutsack. I am not exactly sure how they would even go about diluting now anyways. The volume and the mm activity clearly shows no dilution happening. I bet we have the same pr tomorrow that UWRL had today. I firmly believe the antics we have been seeing since last Tuesday is due to the strong hands we have on this. The only downside to that is we have had endure some real scummy activity from the mm's. We will just have to hang on until the pr's start flowing.
It is tought to watch but I am willing to bet you are right on. It seems like we are the ones doing the buying on he dips so that is a good thing. The volume certainly does not suggest any panic selling.
Typical crap in the last hour. I am trying to keep looking at the silver lining in all this. We definitely need some solid news. Anyone care to give a good morale inspiring speech.
It certainly seems like we should get something by the close tommorrow. We definitely need a little bit of news to make sure nobody starts panic selling and maybe even generate some buying pressure.
I am not well versed in the UWRL situation as I have only read some basics about it. Does anybody out there have an opinion of which of these opportunities are better? It seems like at face value VCTY might be better because of the low float and tight hands. Any feedback would be appreciated.
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Thanks Checker. Gold star (and hopefully .10) for you.
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I cannot do anything about until tomorrow myself. We all knew this was coming again today. It is goign to keep happening until we get a pr period. This is the down side of holding such a large portion of the float. The mm know they are in trouble, because we are the ones that are stockpiling and hitting the ask when they drop it. I cannot wait to see the short totals next week.
Here is the answer it looks like OC are included. The additional comments pertain the new circuit breaker rule. However by the time it is implemented it probably will not help us with VCTY.
Answer: The rule will apply to stocks that are listed on exchanges and traded over the counter. The SEC estimates that about 1.3% of stocks would hit that 10% barrier on any given day, according to Dow Jones. Of course that would likely go up during times of major market stress and volatility, such as the kind we’ve seen over the last couple years.
http://blogs.wsj.com/marketbeat/2010/02/24/new-short-selling-rules-explained/
I think we definitely have them by the balls. The manipulation here is unbelievable. However I do not believe the uptick rule will pertain to the pinkies. I believe all or most of these rule changes only apply to the big boards. I hope I am wrong on that because that would be sweet.
According to that document it said 12-15 weeks from the court order date. I believe the court order date was Nov 3rd? So 15 weeks brings us up to right about now! Yesterdays filing with the SOS Nevada makes even more sense now.
HEY! If you dont be quiet I will turn this g damn short position around and we can go home. HA HA HA HA HA HA
Shares = White knuckles
Golf club = No white knuckles
Thanks for reminding me Carpenter I always get the two mixed up.
Could not agree more in part because of the large portion of the float we are holding. That is the short term downside to what we have done. We just need a meaningfull pr baby!
Who is the transfer agent for VCTY? I did not see it in the ibox, maybe I missed it.
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Look at the low volume today. This thing is in very tight hands!