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Don't lose hope Jc Penney is not going anywhere , better cover your short
Funny when he asked about pps going down to 7 cents and enormous dilution and reverse split he said he doesn't know anything about it and blamed Ted
Smart guy
did you hear him when asked about pps in dumpster he just laughed , he he he he
s o b
how and why , thx
he couldve apologized to all shareholders for stealing their money , thatd be nice at least
yea he will but shareholders are still in shit unless he makes pps go to 10 bucks minimum
imlo
what is he going to say if asked why is his stock price at .07 when it was 25 bucks week ago
Don't need it it won't affect the stock pps , those kind of things never do
Imo
hes really got ballz going on cnn after his stock cratered from 25 bucks to 7 cents
Hope of hmny bouncing up to a buck after steep drop from 25 bucks is killed by the dilution , what we're looking at now is .15-.20 bounce top
Hope I'm wrong
Imo
think about this , pps from 25$ to 8 cents , and now think about what you just said
gl
What could that offer possibly be
He meant bounce to 50% of what it was and thats 10 if it was at 20
Stop trying to sound like you know everything
Enjoy
1$ is pure dream
Imo
Given recent volume o/s should be around 100 millions now
Imo
Only way to Short tis is institutionally or market makers
If any of us here saying that they're shorting hmny it's a lie
me also , in 15 years of trading and following stock market never i saw stock go from 25 bucks to .07 in matter of days
few things , obviously dilution but more importantly naked shorters , somebody is trying to get rid of moviepass (competition maybe) by naked shorting it to death
definitely this kind of event (drop from 25 bucks to .07) and stock manipulation doesnt happen often
cant wait to see what happens next week
gl
oh ted ted
as i said most likely (cant be 100% sure) what brought pps down this low is naked shorturds ,
i cant think of anything other than that
now if that somehow is/was the case then those turds will want to cover and push pps up
remains to be seen
imo
i would have to agree that naked shorters have taken pps all the was down to .07 , considering dilution right after the split it was inevitable for ppw to drop drastically , maybe to 1-2 $ but definitely not to 7 cents
unless they issued 300-400 millions shares these last few days and those being dumped then yea maybe 7 cents would be fair enough but daily volume suggests that that is not the case and only other thing possibly that could destroy pps to 7 cents is naked shorting
or maybe something is cooking behind closed doors
who knows but pps definitely should've not been brought down this low
imo
Ok lets see, do a reverse split to stay on nasdaq , pps is up to 25$ after the split, nice, need to trade 10 consecutive days over 1$ on nasdaq for listing requirement , that was the whole purpose of the reverse split, supposedly, right, and then you go to dilute your own stock 50 fold and pps ends up at 7 cents
So basically you either dont want your own stock to stay on nasdaq or you just simply dont care
Something just aint right
Imo
i remember siri in 2009 at 10 cents , bought 40 k but sold too soon , if i waited would make 30-40 bagger , oh well
considering the volume since the day that we know what s/o number was (6.7 mill i think few days ago ) and considering that certain percentage of days volume goes to dilution in my estimate by now there should be around 100 millions shares outstanding so at current pps mc would be around 7 millions $ , mc at the split was around 40 millions so basically if somehow this dilution machine is stopped theres a lot of room for this to move up to where it was (market cap wise at least)
now if these thieves keep diluting i dont see pps will be able to get out of .10 cents barricade
imo
what goes down must come up , what goes up must come down , stock market wise common sense would say yes , im sure there are some forces out there (forces that can move markets) loading this low as is and waiting for a pump
imo
$1 at least , that'd be fair
oh it will , it will
Not stable they probably arranged today's chunk of shares at .07 and morning drop from .13 was just extra for them
Its just a matter of when they're gonna pump it highly to get next round of dilution
Regular folk here is just ATM
Sadly
sec is same fraud , as soon as this dropped from $25 to $5 last week they shouldve halted it but no they dont seem to give a fuk
imo
last friday close $2 , todays close .07
oh well not the first nor the last robbery on wall street
people go to jail for stealing a candy in the store and look at this thievery
i like how they drop it 30-40 % quickly then it trades in channel for hours , looks like it s all arranged sale at certain price
if naked shorturds care even a little about laws and regulation this will spike up big but to me it seems theyre in cohorts with somebody obviously somebody lets them get away with robbery
not likely because naked shorties know nasdaq or sec whatever dont give a fuk
nasdaq stock from 25 bucks to 8 cents in days and those mfukers dont care
to be more unreal its NASDAQ stock and not pink sheet / otc
nasdaq baztards close their eyes and dont give a fuk
imo
looks like damn bastards decided to dilute today too
purpose or not people have lost millions and millions of $
gl
its obviously trying to reverse
maybe they will retire dilution machine friday , at least
they ran it down from 25 bucks to 10 cents , they got their shorturds juices in
reversal now ?
maybe
if dilution doesnt kick in this will stay green all day
hope
hmny on regsho liast , kock sukers naked shorting it
gl
obviously naked shorting has killed pps so far , now what happens next is good question
remains to be seen
imo