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the os is 2.4M just there are more shares floating around that should be, for every extra 1 million shares floating around someone is 1 million shares short
I agree I am just stating what I think will happen, there will be those who sold who cannot afford to cover, someone is responsible if they do not, and that is their broker, because their broker is in charge of making sure they follow the rules
They are probably going to freeze and sell off the accounts of anyone who traded shares that were not theirs to trade, and cover with that money as far as it will go, then scott trade will be responsible for the rest of the covering, after that they will go after what people they can get anything from and get back all they can. Then those little guys who got whiped out will prob file class action agaist scott trade for the screw up, and scott trade will prob settle
there is a pr out confirming the os at 2.4 m
ws given out in a pr today 2.4 mil
looks like they are shaking out as many shares possible at each level, hold tight, they will move it again to see what they can get
could go to 5.00 but 2.00 is ok too lol
screw up on RS scott traade shorted like 40m yesterday on accidcent float is only 2.4 mil now so huge covering coming
not too late looking at 2.00 pretty easy with 40 million shorts covering 20x+ float shorted IMO
STICKEY THE NEWS? 2.4m os confirmed by PR short covering gonna blow this thing way up
NEWS!!1 OS is 2.4 million lota covering to be done going sky high will be over 2.00 IMHO
and just think prob 35-40 mil still to cover
break .50 and 1.00 comes easy me thinks
I bought, you have to call to sell though, but I was able to buy unless they changed that now too
after a 5500/1 RS shouldnt this have opened at .55 right after RS? Dont they usually adjust for the price?
it may take a few days for all of the covering this should prob run through friday atleast
dont know about as was just talking about os
dont have exact numbers myself just read its somewhere around 2 million os I believe
they are posting some trades twice on level two, probably trying to trick people into believing they are covering faster than they are
we need to update the ibox with correct share structure now
thats bs should be on both ends if they going to have a restriction
I think his point is that the paragraph you so chose to post and highlight is the same paragraph you will find in every start up, penny stock, bio pharm in developement phase etc etc financial report, in fact its a phrase that has probably been in every company traded on the stock market financial report at one time since their inception, including Netflix, apple, google, so the phrase you chose to point out means nothing, it simply means there are no gaurantees no 100% sure things, and I think we all know there are no 100% sure things at all, putting your money in a savings account isnt a sure thing, the bank can go under
yea I imagine we should hear something from the company by the end of the week
works for me to, but I am skeptical of the article, especially the line saying it will send shares soaring past $3 million
sorry then my bad thought you were trying to say i was bashing saying people were selling today
if you look at my past post I have been long on this stock for awhile, but I was simply stating that most of todays action was a sell off because of no report, there were more sells than buys, its obvious was no manipulation today it was selling pressure plain and simple. Dont assume my agenda, read my past post if want to see my agenda I was holding a very large ammount and I lost a very large ammount of gains today. I am no happier about todays actions than you, but I am not going to say it wasnt a sell off
its printing sells because they are sells
Think about this, they put out a pr about cc, mentioned other prs will be coming out up to cc. Said nothing about any delay in filing 43-101, now in my opinion the pr on dec 2nd about cc was a monster pr it sets up for multiple future prs in weeks to come. Most companys if they have a delay or something negative will release that in a monster pr like we had to minimize the effect on the stock. Since they didn't even mention it, to me that means they still plan on releasing on the 5th. And believe me they knew on thurs when they released cc pr if they would be ready and releasing 43-101 on the 5th. So IMO we will see it before market opens monday
Most likely way it will happen is as follows, The company will submit the report and it will be filed and posted on edgar sometime on monday. But they will also release a PR that it has been filed on either sunday, or monday. They will PR it along with the submission, they may even include a copy of it along with the Pr.
vrmlq went form .01 to I forget how high was in the dollars, Neph went from .01 to 2.60 or so but has come back down, ctic went from .05 to 2.25, imgg went from .01 to 1.95, siri went from .05 to 1.xx. just to name a few in the last year or two
ohh i agree, but the sec isnt running around policing the pennies, and how can you explain 50% dumps in stocks in 1 minute (bear raids) right before big news comes? especially when there is huge short intrest in them and then they somehow manage to run them down and cover>? Look at DNDN and Avnr just to name two in the past year or so.
someone obviously knows about it before the market does, because someone has to typed it up and put it out on marketwire
I am just saying what I have heard and seen in action, MM's get away with illegal activity all the time in the name of making the market
only when they are released
Company can submit a pr, with a release date say 3 days from now, it just sits in the queue then, untill the release date the company determined, and the MM's can see those
right exactly, if it wasnt coming out there would be no reason for the drop other than maybe day traders dumping, but if it were traders dumping we wouldnt have got that hard spiked back up with large volume, it would have been light volume after sell off because people would have been scared, instead it was mm's covering and running the price up
eaxctly, one cant honestly think the bashers just happened to show up when it dropped, they were waiting in the wings and ready for that drop
If you want a good example of what happened today someone said it earlier. Look at avnr right before approval last month. It was at 2.80 or so dropped to 1.31 in 1 minute then closed about 15% down after hours they got approval the next monday it hit 5.80
last 15 min it will run hard and get back most of the gains I believe
gifts here, its gonna run back to 60 quick