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I'm trying to remember/learn the significance of being on the list. Here is a quote:
"The Securities and Exchange Commission (SEC) has adopted amendments to Regulation SHO Most recently, the SEC introduced a short sale-related circuit breaker that, when triggered, will impose a restriction on prices at which securities may be sold short." -- https://nasdaqtrader.com/Trader.aspx?id=RegSho
Does being on the list mean that that circuit-breaker has been triggered?
Schwab just raised the rate to 13.25%. I'm still not sure whether to interpret this as a sign of desperation or extreme confidence among the short sellers.
?? By "All" do you mean "Al"?
When they do merge with Apple, do you think the combined company will be called Apple or e.digital? Actually, I suggest a.digital.
I guessed that that was what you were talking about. I would like to cross check that with what I was told by Schwab. Do you mind me asking if yours is a margin account, and if so, are you actually using margin right now? If the answer to either of those questions is no, then my understanding is that your shares can't be lent without your consent.
AlanC, How exactly does putting your shares at a high price affect the short sellers?
Here are the most recent sales. The 0.087 trade shows a volume of 0 shares. Your guess is as good as mine what happened.
11:29:01 0.0099 50719 OTO
11:17:54 0.01 40000 OTO
10:46:52 0.01 20000 OTO
10:46:52 0.00995 20000 OTO
10:45:14 0.009 10000 OTO
10:41:19 0.00898 23000 OTO
03/06 0.00896 10000 OTO
03/06 0.00892 10000 OTO
03/06 0.0087 21446 OTO
03/06 0.009 100000 OTO
03/06 0.009 100000 OTO
03/06 0.009 100000 OTO
03/06 0.00895 40000 OTO
03/06 0.0085 10000 OTO
03/06 0.0087 40000 OTO
03/06 0.009 5000 OTO
03/06 0.009 10000 OTO
03/06 0.009 40000 OTO
03/06 0.0089 10000 OTO
03/06 0.009 60000 OTO
03/06 0.0087 100000 OTO
03/06 0.00895 40000 OTO
03/06 0.087 0 OTO
03/06 0.009 50000 OTO
03/06 0.00875 5000 OTO
03/06 0.0091 40000 OTO
03/06 0.009 10000 OTO
03/06 0.00895 100000 OTO
03/06 0.0091 30000 OTO
03/06 0.0091 10000 OTO
On 2/14 I posted that Schwab had contacted me offering to borrow my shares so they could be lent to short sellers. At the time the rate they were offering me was around 5.5%. Well I did end up doing it. Since then the rate has been readjusted about every 3 days or so. At first if bobbed up and down 1/4% at a time, but in the last couple of days it has shot up to 9.5%. (In case it is not clear, I get paid interest daily at the stated annual rate.) I'm not sure whether to interpret this as a positive or negative for OSTK's prospects. It could represent either great confidence that the share price will fall, or desperation to keep a losing short position open. In contrast, I am being offered 2% for my shares in Eli Lilly.
Thanks for the link. Here is the website of the organization:
http://www.thegef.org
Here is a direct link to a video of theirs about gold:
http://www.thegef.org/multimedia/gef-gold-program
It is not explicitly stated what technology would replace processing with mercury. Maybe someone can recognize something in the video. It might just be some sort of machine that contains the mercury process.
Not sure what is being talked about here. Can someone post a link?
I'm not clear, what exactly is the connection between Warren Buffett and Overstock?
Today's trades, so far:
11:40:18 0.10 300 OTO
11:32:45 0.11 5000 OTO
10:47:45 0.11 500 OTO
10:47:45 0.09945 500 OTO
10:47:39 0.11 500 OTO
10:38:40 0.0889 3000 OTO
10:38:34 0.09945 10000 OTO
10:30:07 0.11 500 OTO
10:02:12 0.089 909 OTO
It looks like the answer is nothing's up, just people getting screwed on trade execution.
Here are recent trades:
02/21 0.007 10000 OTO
02/21 0.003 1600 OTO
02/19 0.005 2000 OTO
02/19 0.002 1639 OTO
02/19 0.009 7290 OTO
02/19 0.007 64000 OTO
02/19 0.009 10626 OTO
02/19 0.007 100000 OTO
02/19 0.004 18084 OTO
02/15 0.005 500 OTO
02/15 0.005 2200 OTO
Definitely trending upward. The 100000 share trade amounts to $700, which is small by normal standards, but nevertheless nontrivial. I'm still assuming this company is nonexistent until shown otherwise, but continuing activity might allow me to unload my shares at a price that would restore my sense of dignity.
The reverse split happened in June of 2017, so at this point we can say that it did work out fine.
$4200 to read that report. It looks to me like all we can tell is that Zap is mentioned. It might just be describing its path to failure. Nevertheless, good find.
Here is the website for the sales data:
https://quotes.freerealtime.com/quotes/zaap/TimeAndSales
I looked into it a while back and concluded that they were not actually in business any longer. I don't recall specifically how I came that that conclusion, but maybe look at previous posts on this board.
Well, I was mainly doing it to see if I would actually get any shares at 0.0002, so it was a successful experiment I guess. If I recall correctly that is one more zero to the right of the decimal point than when we were screwing around before. Ideally there would be a way to specify a minimum partial fill size, but I don't imagine that trading feature has widespread need.
Just to see what's going on I put in an order for 100,000 shares at 0.0002 yesterday. I got a partial fill of 176 shares. Sheesh. Here are all the trades in 2019:
02/14 0.0002 176 OTO
02/05 0.0002 50000 OTO
01/30 0.0001 3333 OTO
01/29 0.0001 8333 OTO
01/25 0.0001 71666 OTO
01/18 0.0001 26500 OTO
01/15 0.0001 666 OTO
01/08 0.0001 333 OTO
I received an offer from Schwab to lend my shares to short sellers. It would pay me interest at a rate of a little over 5%. I talked to their rep for quite a while and learned a lot. To get my shares they have to get my permission and pay interest because I don't have a margin balance. If you have a margin balance then they can lend your shares without notification or compensation. Even though it would be abetting the enemy, I have to admit that I am tempted. Obviously, my lending would not be large enough to move the market. I mentioned the irony of the fact that OSTK is the one stock of mine that they want to borrow. He offered his opinion of OSTK, saying that if it succeeds it could be huge, though it's obviously not a guarantee, and it would probably take 5+ years.
Here are the recent sales:
02/13 0.005 6350 OTO
02/13 0.002 1650 OTO
02/13 0.006 10000 OTO
02/13 0.002 12000 OTO
02/12 0.0001 7355 OTO
02/12 0.0001 29 OTO
02/11 0.002 22986 OTO
02/08 0.002 41300 OTO
02/08 0.0005 66500 OTO
02/08 0.001 20000 OTO
02/08 0.002 5000 OTO
02/08 0.002 2000 OTO
02/08 0.0001 3000 OTO
02/05 0.002 1291 OTO
02/05 0.002 3116 OTO
02/05 0.005 1284 OTO
02/04 0.002 3500 OTO
02/01 0.002 220 OTO
02/01 0.002 293 OTO
02/01 0.002 25000 OTO
01/30 0.0011 2000 OTO
01/30 0.0011 4 OTO
01/30 0.002 12 OTO
01/29 0.002 18 OTO
01/29 0.00001 17 OTO
01/29 0.0011 62657 OTO
01/29 0.005 5000 OTO
01/28 0.007 3000 OTO
01/25 0.005 5000 OTO
01/25 0.005 6200 OTO
I wish I could figure out how to make it display better. The largest transaction on this list is for $83. So I don't think that the stock really jumped, it's just the kind of price movement you get with a low priced stock that has no volume. Just for laughs I will put in a highish limit order to sell my puny lot of shares and see what happens.
I don't know much about the company, but someone I know is pretty knowledgeable, and he was very down on James Joyce. When I see the guy I plan to ask what his opinion is now that Joyce is gone. The big questions I have are:
1. if the thing has so much potential, why can't they raise a lot more money.
2. even given that the machine is safe and successfully filters out a lot of bad stuff, does that actually help the patient in the long run.
Well, even in the good scenarios there would be long periods of nothing happening.
Up over $2.40 today at the moment I'm writing this. It's interesting that there are people who waited for this announcement before deciding to buy in, since it seems like this was completely predictable. I guess they weren't sure it was really going to happen. I am happy to report that I did make some buys in the last couple of days, though I'm a little afraid that after the initial excitement we'll just trickle back down again.
Based on the share price you'd think this company is dead, but a least according to the website they are still chugging along.
http://saintjeancarbon.com
The video is very impressive. But then I have to wonder why things haven't gone better since then (Nov 2017).
I went to yahoo and found this video posted:
Very general question: I understand the many and varied possibilities for blockchain, but what specifically does this company have that separates it from the rest? And in the near term, what is the scenario for tZero success? I.e. who needs to get on board with it.
Yeah, I'm not sure why. It might be that in my original calculation I used a more exact number for the cash. Regardless, I was a little surprised to see this, as I had assumed that they were broke. I sold my last shares some months back at $0.006 or so and was glad to have my hands washed of them. My understanding is that all of their patents have expired, but they are still suing for past infringement. I imagine that even if they win it won't be that big of a score.
1.8 million dollars divided by 428 million shares comes to 0.0041 dollars per share.
Do you mean .0042 dollars per share?
Not sure how I missed this earlier:
https://www.coindesk.com/overstocks-tzero-begins-distributing-its-security-token-to-investors
But I still don't know what's happening at the end of the month.
Can you all talking about what's coming up at the end of the month spell if out for a rookie like myself. I made a good faith search but couldn't find anything. I did read most of this:
https://coincentral.com/what-is-tzero-and-why-it-could-be-a-big-deal/
It said that tZero would start trading Jan 10. I don't see anything here:
https://coinmarketcap.com
Can anyone explain?
Here is the latest quarterly report:
https://www.sec.gov/Archives/edgar/data/836564/000168316819000092/patriotscientific_10q-113018.htm
It says they had over $1.8M is cash as of Nov 30, 2018. With 438M shares authorized it works out to 0.427 cents per share.
Here is some more information:
"Our patent litigation with TPL and PDS in the United States District Court for the Northern District of California against Huawei Technologies Co. Ltd., LG Electronics, Nintendo Co. Ltd., Samsung Electronics Co. Ltd., and ZTE Corporation, as described in Item 3 – “Legal Proceedings” in our Annual Report on Form 10-K for the year ended May 31, 2018, is still ongoing. The court has scheduled oral arguments for February 4, 2019."
Your .0005 shares might have come from me. I remember doing a tax loss sale a few years ago for a price like that, and then a few months later it was back up at 5 or 10 cents. Never could figure that out. For some reason people keep making deals with SFEG. Maybe it is just because it is publicly traded. You give your mine to them in return for shares, and then you have liquidity.
Here is an article on the topic of toxic brine from desalination. Maybe something this company could look at in the long run?
https://www.bloomberg.com/news/articles/2019-01-08/saudi-thirst-for-water-is-seen-creating-a-toxic-brine-problem?srnd=technology-vp
If we could just get that to happen two days in a row.
Poking around that ca.proactiveinvestors site I found this interview with CEO Jared Lazerson. Interesting to see what they think the most discussion-worthy developments are.
https://ca.proactiveinvestors.com/companies/stocktube/11159/mgx-minerals-is-a-diversified-company-that-is-about-to-turn-revenue-positive-11159.html
The 8-K says there was a press release Nov 27. Here is a portion of the 8-K:
-----
ITEM 8.01 Other Events
On November 27, 2018, Aethlon Medical, Inc. released the press release attached hereto as Exhibit 99.1.
ITEM 9.01 Financial Statements and Exhibits
(d) Exhibits
99.1 Press Release, dated November 27, 2018
-----
But if you click the link labeled "Press Release, dated November 27, 2018" it doesn't take you to a PR, but rather just back to the 8-K itself. (It looks like it won't make a link for me here, so you have to go back to the original 8-K.)
Am I going crazy, or does that link just point to itself? Anyway, here is the news as displayed on Schwab:
BUZZ-Aethlon Medical: Soars as cancer treatment device gets FDA's 'breakthrough' label
8:17 AM ET, 11/27/2018 - Reuters
** Medical device maker's shares surge 75 pct to $2.05 premarket; Top pct gainer across U.S. exchanges
** Stock set to touch over 1-yr high
** Company's Hemopurifier device gets breakthrough device designation by the U.S. FDA as an add-on treatment for cancer
** Device helps reduce the presence of exosomes, which are tiny sacs released from tumor cells, from the ciculatory system and helps improve the benfit of existing cancer treatment regimens
** Hemopurifier is also being developed to treat life-threatening viruses
** Up to Monday's close, stock had risen ~4 pct YTD (Reporting by Saumya Sibi Joseph in Bengaluru)
Big drop today after news posted this morning.
https://seekingalpha.com/pr/17340641-mgx-minerals-announces-engineering-subsidiary-purlucid-treatment-solutions-processes-first
So was the drop due to the news? I personally was a little surprised to read about the 40 cubic meter delivery of water that was processed. It seems that the system processes highly concentrated solutions of waste water. I had assumed that it would be taking in raw waste water, and thus visualizing vast quantities of water available to be processed.