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Test $2.90?....its BLUE SKY...above...
IMHO the question is really are we going to $3 and will we hold
Realistic that could see Nasdaq by end of next week (Next Friday) if we get over $3 this week and stay there for 5 days.
Tommy...regarding your points...
1. When the empirical evidence is in opposition to the "reality" being offered...you can pretty much conclude that the proponents are not in reality.
2. It has been suggested to Steve directly by several investors for over a year that fresh outside "input" by those who have been proven to be Technology executioners from MAJOR tech companies be placed on the board or advisory board to open eyes and direction as well as to confirm to the public the path being taken and the uniqueness of the Tech. It has been acknowledged as a very good "idea", but politely ignored. Declining to take such "unthreatening" steps could be because of one (or all)of three reasons: A. No interest in anyone's opinion on execution or method except his own (The Steve Jobs complex...which is fine if Steves is the next Steve Jobs) B. Concern about losing control if someone with better skillsets in this area are recognized (Control Rule #1. "Never hire anyone who can be recognized as more skilled or smarter than the boss") (Control Issue) or C. Point of development of technology is not where it has been professed to be and cannot afford to permit others to recognize and disclose it. (We are not there yet and we are figuring it out as we go along) (Disclosure Issues and investor confidence issues...in which case one has to "Control the Message" or be "caught").
3. Could very well be that Corporate and Investment community has a strong "wait and see" view toward DSNY...for whatever reason. Don't have opinion on that, nor any feel for whether or not "confidant" funds are the ones who allegedly "waiting to buy cheaper" are actually shorting.
If post-February 25th is a dud...IHMO...Steve (who is a terrific guy personally) would do himself and shareholders a great service by considering simply retaining Chairman and CTO executive positions...and opening himself and the company up to some exceptional talent on the CEO and Director of Sales side and let them run with the ball.
the last two paragraphs are the key, with particular emphasis on:
1. "word on the street will spread" Once MSA approves XXII will be manufacturing and selling VLN in the US...and everyone (smokers) will know it...especially since it will be on the internet in E.U. and elsewhere. So XXII will "effectively" receive permission to sell VLN when they get MSA acceptance.
2. "outside the US a very low nicotine cigarette can be sold"...MEANING XXII can manufacture in the U.S., ship and sell outside the U.S....NOW.
"My understanding is that the FDA wont allow anyone to label a cigarette as "modified risk", BUT if there is a lower nicotine product available, the word on the street will spread the story quick enough.
The key thing to focus on for right now...outside the US a very low nicotine cigarette can be sold. A JP Morgan survey stated that 90% of smokers would smoke a "healthier" cigarette if available. To make it healthy nicotine (and tar) levels need to be reduced and that is XXII's IP. Take 90% of the world smoking population and add a recurring revenue stream..that could make for a very BIG stock."
One not so obvious SP boost and benefit from up-listing to Nasdaq not addressed is "margin". Once we get to the $3 to $5 range and on Nasdaq the stock, depending upon your broker, will permit you to margin.
We all know the negatives of "over-leveraging" any asset, but prudently used, it can boost your over-all return quite significantly WITHOUT triggering those nasty short or long term capital gains taxes.
So if XXII uplisted and was at $5 and you had 50k shares you value would be $250,000, if you wanted to buy more...or invest in another of VANS new plays...no need to sell!. An investor could borrow 20% or $50k (you could borrow (Margin) up to 50% of the value, but 20 or even 10% would be conservative and much safer).
Now you have $50k freed up "tax free" in reinvest and leverage into the same or other equities to grow again. You could then acquire an additional 10k shares. The cumulative value of the entire portfolio would have to drop to $150K (or $2.50 a share)before you would have to be concerned about getting a "call".
I would not suggest it on all stocks, but XXII (personally) I would once it gained revenue traction.
Net benefits of Uplisting (with Margin available)....
1. less liquidation by investors to take profits
2. investors can re-invest gains without incurring immediate tax liabilities, in same or other new (thanks Van) opportunities.
3. New Stock reinvested from margin account can grow also without immediate tax liabilities also...leaving you with a greater portfolio.
Hint...Many on this board follow Vans 3 picks...I dont believe DSNY is selling smoke...but its definitely not selling cigs.
IMHO....Daily Chart is as good as it gets...and charts don't lie.
I did not say they lost "first mover" status...said with its delays it "could" lose "first mover" status...
For those who say for a "fact" a gazillion shares have been "naked shorted" please show me the evidence. (rhetorical question, I know you cant and no one can).
The "fact" is no one knows if and how much. The "lack of covering" or urgency to cover here or closer to February 25th points IMHO...points to something being greatly amiss with the entire RS theory and plan as it pertains to a short squeeze.
But it will get the company on Nasdaq. Will that alone attract PE funds? I think not. Execution, adoption and revenues will or could bring funds in.
freak'n love the building, very attractive and typical for the area...especially love the low rent of $10sq ft.(again typical of upstate NY)... "lean and mean"
lol...no "pots and pans" or "bells and whistles"
Whats...
No, not impressed...the buying is for "affect" (or show) and IMHO not an indication of substantive news coming. Would be more impressed if they kept the $ and announced a revenue deal.
These little "manipulations" (including the RS)are not a substitute for getting the show on the road...with rev.
Don't expect any movement until a "rev. deal" in the sky falls down to earth and gets announced, (if one is in the cards).
(Ex-any substantive deal announcement) I anticipate rotation in and out ... and closer we get to Feb 25th I would expect more volume and activity but in this very tight range...those getting out before the RS and those getting in, in anticipation of RS/Up-listing...essentially no change...or slight bias up...but under $2
Predict from action (or no "cover" action)...if there is a naked short, it's on Toronto and if they play on U.S. BB and short (via csti...(alleged "boogeyman's assistant") which executes trades for a good number of brokers ...including Schwab, TD Ameritrade, Thinkorswim etc)...they are probably doing an arbitrage cover on Toronto exchange via their broker dealer...but that is a guess.
Biggest threat to DSNY...someone beats them to the punch...time delays are a killer...and there are more ways to get resolves the problem G2 is trying to address without patent infringement...and IMHO...we all know one of them (if they "chose" to focus on some of the same issues).
Just saw it with another company today that thinks they have the best tech in their area since "sliced bread"...so they dragged their feet and then tried to squeeze a potentially key "user", but "user" found another up and coming competitor that can accomplish the same in a different way...first co. will be left in the dust...happens all the time...complacency a killer in tech. Many talented brains out there.
It appears DSNY will have it niche with PlayMPE...beyond????
The "market" is telling you where it should "wallow" ... IMHO...not the "naked short bogyman"
...no "lid"...being imposed on SP...just lack of substantive news...to drive it.
Substance will create demand...without it, IMHO...it wallows
Believe the "lid" is fictitious ... so its going to be a matter of more buyers than sellers...and that means investor confidence in company getting product to market and producing revenue...
IMHO need announcements of contract wins with significant potential revenues.
The issues come down to
1. Is there a huge naked short
2. On which exchange did they short (if exists)
3. What would trigger a short covering.
Since Naked Shorting is legal on Canada exchanges and illegal on U.S. exchanges...and if it is as big as some assert, I doubt a Broker/Dealer in the U.S. would expose itself to SEC/FINRA violations for such an extended period of time and for such a huge (alleged) amount of illegally traded stock.
Therefore, if it exists its on the Toronto exchange, it can only be triggered by delisting or acquisition of DSNY or reverse merger of DSNY into another Toronto listed company.
IMHO...this is going to be a story about "fundamentals" not HOPING for the "mother of all short squeezes". The longer DSNY takes to roll-out the more competitive the landscape will be...even if competition doesnt have all the bells and whistles DSNY is suggesting it can develope, first movers will entrench themselves making it more difficult for DSNY to gain tractions.
Its all about timely execution...
Why short will not have to cover under RS
What if investors vote for the RS on February 25th and the Naked short fails to buy back shares?
You ask "How can they not buy back shares?...they have to cover!" The answer is THEY DONT have to cover if they have been shorting on Toronto exchange.
If the "Naked Short" shorted the Canadian (Toronto Stock Exchange) stock, it is that stock that would have to be covered...not the U.S. BB stock or stock on the Nasdaq. Assuming that they are short with their Broker/Dealer shares on the Toronto exchange. The "Trigger" for the short to cover is the "call" for shares to be exchanged. Toronto shares will not be called in, therefore the naked short shares sold remains out there via the Toronto stock.
The stock traded on the Toronto Exchange is totally unaffected by the up-listing on U.S exchanges (except for any impact on SP and currency adjustment).
Only positive for RS is nasdaq up-listing to pull in "funds" (according to management) are waiting in the wings. Funds will require evidence of revenue via adoption...dont see that traction until May/June...
The only positive result of the RS is Nasdaq up-listing so that "funds" (who according to management) are waiting in the wings. But IMHO that will not occur until company gains revenue traction...now expected in May/June for reporting purposes.
IMHO...DSNY will RS, up-list and no squeeze will occur.
The only way DSNY can get the Canadian Naked Short to cover is to de-list from the Toronto exchange and force an accounting of shares and as well as an exchange of the Toronto stock certificates for U.S. Nasdaq shares (or BB if it remains on BB).
The entire exercise appears to be a "Non-Event". In fact...the naked short might accelerate because of the higher price after the RS would make it more ripe for shorting on the Toronto Exchange.
What if DSNY throws a RS "Naked Short Squeeze Party" and no one comes?...i.e. No short covering?
and OVRL (spiffy jr) bounced 4.7%
Large institutions prefer very high Share Price over low SP...buying 10x share increases transactional costs...
They prefer buying 100,000 shares at $400, over 1M shares at $40...
It has been mentioned by talking heads multiple of times in reference to GOOG, NFLX, etc...and most recently with AAPL...as to another reason why they dont do a stock split...besides...it keeps the bulk of the shares in institutional control also.
yep..4am message...excuse if that was not your intent...but generally we see a rotation when one is pushed...
good that you agree, it is not the time to rotate vs. add if you wish...
Atlanta1...you dont give up...admirable...but misguided trying to get people to move out of 2 proven winners into the "broken winged" third.
Which 2 of the 3 have more probability of being a winner and more of a sure thing in the next 30 days?
1. A stock that has based for 10 weeks with "brake-out" fundamentals and technicals, about to reach blue sky? and/or
2. A stock that has had steady appreciation with huge fundamental catalysts and "brake-out" technicals on the verge of uplisting, hitting blue sky? or
3. A stock with broken technicals, unfulfilled fundamentals, cant see the light of day and "betting" on an unverifiable "catalyst" (naked short)...100% forced into a RS at the end of the month as last ditch effort to "discover" if and how big short might be, all out of desperation to uplist, to allegedly "attract" PE and Funds based upon "uplisting", after which we don't know whether aggressive shorting does not occur all over again???
Which two of the three more likely to double in the next 30 days?
And which software company has proven it can execute a plan ...so far? IMHO...much "at risk" giving up winners for one that still has a lot to prove to customers and investors.
lol...i did say it was going to be "pumped"...dummy Just a question of when the music stops...inthe meantime enjoy the profits...(if you bought before the manipulated rise)..
buying appears to indicate "approval" upon filing (with both exchanges)...one will be chosen of course...
Also...heavy insider buying appears to have occurred as this "deal" was being negotiated?... Insider Trading by officers and directors?...then pump?
inquiry by Finra/SEC?
the company is such a snail...they will probably hear about Spiffy when Spiffy makes a offer on them...lol...
Dont be surprised to see this "unauthorized by SH" deal (sale...not investment) unwound by the courts...there could to be serious litigation coming the way of the Board and officers...
On top of that...Nasdaq's rules are not set in stone...they can and do make exceptions.
Disy has been under discussion for a long period to time with Nasdaq and finally got a commitment that if they traded at a bid of $3 for 5 days straight they could uplist. You will not "read" that in the guidelines.
I would not doubt hard and serious inquires have been made by XXII to both exchanges...IMHO...it might be quicker than some might think with proper closing bid over a shorter period of time...just a hunch..
Well Zed...I would think that infinity pool would run you $50-60k...taking that much out of XXII (20-25k shares) right now would bring your total cost for the infinity pool to about $500k-600k in another year...very expensive convenience for this summer...
a luxury I would pass on...
5 continuous days trading at $3.00 or above could bring us Nasdaq...xxii could fall under the same dsny exception...Nasdaq has "discretion"
Magic $3 for 5 days for Nasdaq in our sight and reach....
I did not send you a private message...so why your post?
ps...been on board with Van from the beginning of his news letter and trust his judgement ...with this one too.
Very interesting action...since the transaction essentially sells the company control and technology to EL for $1M
Read the release...
1. EL now owns 51% of company (and in March will be 75% of the company)...
2. EL..has a "free" license meaning it pays the public entity ZERO for the right to use the technology...
3. IMHO...ORYN..is just a shell now with EL siphoning off all revenue from its technology.
Wonder if Directors and Officers received an % in EL for payback for this deal?
IMHO opportunity to sell while you can...before Class Action Suit...this is not an "investment", it is a "giveaway" takeover...
reason for rise ...hearing rumors shareholders with majority interest in company, were not consulted (and this not voted upon)...have a more lucrative deal on the table that will be presented...this deal is not a "done" deal"....fireworks soon to begin...
IMHO...company's market cap could reach 20x on a straight acquisition basis...think automotive applications...and IMHO...bidding war.
No...the issue you are talking about is the "alleged" connection between Brooklyn and Noramco, which you state is a "fact". I ask you to state the evidence of the connection and you speak in circles. Now you are making the issue only about Noramco, the big bad short.
The handling of this issue reflects the frustration by management and its inability to focus on getting the fundamental done in a timely manner. Share price reflects investor confidence as well as the lack of new investor not coming on board for anything but a trade.
Steve spends all of his time "talking" to new investors (private equity/funds) at these Investor conferences...a private pr campaign but obviously with dubious results. The reason..."talk is cheap"...they are interested in results...ONLY.
Just "build it and they will come"...at this point, talking about "what we are doing" it is a total waste of time... Outside this board, few believe it...or they are in no rush to invest in it...without having it in hand. It should be obvious to all that short knows this... and isnt in any rush to cover.
Management needs all their focus on producing ... if they wish to prove that there is a big bad short...they can do the RS and uplist...and move on...
ps. no need to respond...this entire discussion is a waste of time...especially since you dont understand it...