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well no but it makes for a quick flip, I am in no way planning on holding this stock.
dumping of what? no shares to be dumped really. The share structure and low price alone will drive this up. I dnt even know anything about the company but im getting in tomorrow. easy 100%
and the PPS does not have to go down adjusting to new shares like it would have to if it was a divi
Why couldn't they be redeemed aa free trading shares in Sept? Companies issue free trading shares all the time?
Plus since its not a dividend the stock pps does not adjust in any way. Still have to have some shares in your account that you've held and are settled to receive shares right? Just random traders can't buy Friday and expect shares because theywont be a shareholder of record?
I think one of them ended up pretty short today and then settled it with those. On the short report site the short volume was 43% but the 130millon weren't added in the total regular volume. Wonder if it was if the short % would've been more than 50%, and they probably would've had to cover at at least 0005 tomorrow.
it wasn't diluting. at this low price you know how much money they made shorting 400 million shares?
407,704,168 short volume, 43%
theres all your huge sell blocks your seeing go through that are being claimed by some as dilution
Notice the bid never changes with the 25 million sell at 4. nobodys sellin those but mms covering short trades
So we have the MS Delphin doing Zeus exclusive itineraries starting summer, our 11 day zeus excluse package the cruise portion will be on the Louis Olympia, and now the newest zeus exclusive 15 day package the cruise portion will be on Louis Cristal. Progress seems to be being made?
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and
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would be risky for them too after today since wont be much selling
Found this baby right at 7:20 today and put a buy in before open. got an order filled at 001 and 0018
Someone who had never owned shares before in order for them to become a shareholder of record on the 14th they must but by the 11th, Im wondering if you are already a shareholder of record then could you not still buy the 12th and 13th because you don't need those shares settled to be considered a shareholder of record that's already determined by your holdings already in your account. IDK sorry kinda confusin myself too and not sure how to explain what im thinking
I think march 9 was when email was sent. This is how I seeit. If you don't own any shares at all you need to buy by the 11th and then hold until the 14th to be eligible to receive shares. I'm already a shareholder of record and have been so that's where I'm not sure if I can buy up to the 14th and still have those shares count since I dont need them to settle to be a shareholder of record I already am? Either way. I'll have all I need bought by Tuesday
Yeah idk about that whole thing there. Maybe if you've been a shareholder of record then you can continue to buy shares up to the 14th and kt still count but a new investor who's never owned any shares buying on the 12th and 13th not receiving it?
I believe it was mentioned your certificates will have instructions on how to redeem
Since this is not a dividend it doesn't have to apply to all shares right? Like the traded shares 12th and 13th? Andalso should note since there is no ex div date the stock price does not have to adjust to the distribution
I hope that they dont put a pr out until after Tuesday. Allow holders to accumulate more and unsure to sell off. Come Wednesday if people want their preferred shares there won't be any selling. Be dangerous for MMs to short cover. Wednesday morning would be awesome for good news, see how many of these longs are really long and how many preferred cs the company ends up having to issue. Do I have this correct, say if 450,000,000 shares get traded the 12th and 13th is the company no longer required to provide the distribution for those shares?
unless i see a change in the AS they honestly cant dump very many shares. and if the price gets any lower it would be eatin up quick. Why would Hundleys legal affairs that will be settled have anything to do with a deal with OTHM for acquiring of assets? Seems like he would need the money and try to get this deal finalized.
try this one avcgnavagation.com
or is my lvl 2 showing actual size?? I thougt it was weird every MM had 10000 instead of 100 premarket
damn, hell of a bid. 3.7 bil
lol ok good luck getting any from me?
is it even a merger or an acquisition of hundley associations assets??
hey they got facebook in jail! https://www.facebook.com/HundleyAssociates
ha yeah i didnt even think about that
Nice fake wall on the ask already, scare some people into sellin into vert. Gah I hope the 6s get hit harrrddddd and that MM will be f'd
nobodys gna sell 3s
erroneously included
yep and to think I bought few million more at 8 today when could've got that at end of day, but still holding 15 mil+ from when we were at 2 and 3 that's not leaving my portfolio any time soon (and some 007s ha)
but...does give me more time to accumulate more cheap shares
This shouldve closed at 8. that last 20 mins was rediculous.
Yeah there is, people getting played by the market and the shorters. As frustrating as it is its almost getting funny at this point. Watching lvl 2 you can pretty much predict when the sell offs will come and if its short volume covering. And not the shorts everyone keeps talking about and thinking some magic short squeeze is gonna happen come 14th. Sorry everyone there wont be. I doubt theres any kind of naked short position. Their short covering by the end of day. short all the buying pressure in morning cover later on in a dump.
Heres a little thing to read to see what PVEC and many other companies struggling to make it in the most corrupted place out there have to face
A Short Seller Manipulation Technique Used by OTC Market Makers
In the stock market, price is the best advertising.
A stock that is going up tends to create the belief that it will continue to go up, and thus demand is created.
Price gets attention. We see the change in price and the price chart as a guides for action.
Short squeezes – buying panics – are created by rapid upward price movement and so feed on themselves.
Now, if I told you that I, as a market maker, could drop the stock price in the face of consistent buying and so go short and create panic selling, you might find this to be new and rather electrifying information would you not? That’s why you are reading.
Here is the simple and little known trick of market makers.
We start with the inside bid ask of the stock, let’s give a hypothetical market, $0.20 bid offered at $0.26, with the last sale being at $0.26.
Now of course this is not a real stock and I am not going to give you real history. Any close similarity between this delusional and fictional narrative and exactly what happened to a certain stock – yesterday – is simply a matter of total coincidence despite your swinish suspicions to the contrary.
A buy order for 10,000 is entered and instead of being executed at 0.26, the market makers made the sale at 0.259, so that the buy order actually dropped the price compared with the last sale of 0.26 – so the stock shows 10,000 shares traded on a down move – making the buy look like a sale.
About 10 minutes passes, and another buy order, this time for 20,000 shares is entered and that is executed at 0.258 – another down tick on another buy order!
So now the stock is down on 30,000 shares of buying only – no selling.
Folks, that is not normal supply and demand, is it? You would expect that on buy orders the stock would go up or at least stay the same, would you not?
Silly you.
If the market maker now goes and hits the bid of his competition, even for a small amount of stock, let us say 1,000 shares, the last sale is showing is now 0.20 and the stock is down 23% on heavy buying of 30,000 shares, but it looks like the stock is being dumped in a panic.
What is the effect of this false appearance on the market?
First, they buyers apparently have an immediate loss of 23%. Second, anyone with a buy order may hold off on buying to see where the stock stabilizes. If the company is trying to get people to buy the stock, as it has a right to do, it is going to be much harder to whip up enthusiasm as the stock looks like it is crashing.
Sellers, if they panic, will now come in and sell. In fact, the stock could be so demoralized that, hypothetically speaking, it could close at 0.14, down 46%, but again, this is only fictional, right?
Now if we were to check OTCShorteport.com to see what the volume of trading vs short selling looked like, we might find that half of the volume was short selling, theoretically speaking, of course. Presumably this would be by the market makers going short at 0.259 and 0.258 and elsewhere to push the price down. We would also find that half of the selling might be from long sellers who went into a panic, perhaps maybe.
Now again, all this is a merely fictional example, and I would never accuse my fellow market makers of doing anything this destructive just to make a fast buck. But it is the type of thing that I now get paid the big bucks to discover and combat.
Why? Consider what this means to the company. If the company had a $100 million market capitalization, reducing the price by 46% is a $46 million loss for the shareholders on a day when there was really nothing but buying in the stock.
If the company is selling stock to raise money, say $10 million, it means that it has to now pay stock with a value of $14.6 million to get the same money – a loss of $4.6 million.
And if the shorts are short ten million shares, they made 0.26 minus 0.14 or 0.12 per share or only $1,200,000 while the shareholders had a $46 million paper loss.
That's funny you say not illegal now...you seemed to have a different attitude a few months back
Bottom line Peter sold NO shares and PETER IS doing the right thing for shareholders. The shareholder pps WILL REFLECT soon. Many shares will be retired and a good number will be forced to buy back as they were illegally converted. When that hand is force and it will in due time. The pps will explode!
Im interested in what the short numbers will be today. Nite was shorting the hell out of the first few hours I think. They can still short cover during the day
Nevada doesn't show that share increase yet
Im kind of hoping half of the 20 million preffered shares will go to whoever the financing agreements with that's holding 1.9 bil as collateral. let the company retire the 1.9 bill back to the treasury let the holder keep the 10 mill preferred as collateral.
Because it wont be "massively diluting"
I loaded up about 15 million more when it got to the 2s and 3s
lol well that was my worst case scenario, I don't see why the face value of the preffered shares would be what the commons are trading for? They set their price for them in the company bylaws. If you redeem them for cash then theyre never converted into commons to take on that price its just at the .20 cents they are set at. But I am also clueless in all of this stuff, just my opinions I end up with