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ARCA is the one at 0.074 too. The 0.079 MMs look poised to try and stop a breakthrough to 8s. Could be an interesting morning.
Major gap coming this morning looking at the L2
0.0012 easy, it hit 0.0008 last time it dipped with dilution
The converters don't care about the company, why would you think they do? Conversion is all about the terms negotiated and using them to make the maximum possible.
If they think they can make more money by shorting in the 0.002s and pushing it down to trips to convert and cover, they will. That is probably what happened last time it dipped
Why though? We saw 0.0008 before and they are diluting again. Why would they stop before the level they hit previously?
I know, what a joke! How much do we have to move to not be low volume? $2m / day?? Ridiculous comment
It looks like they don't want to crash it all the way down past 0.0006 so I'd say 0.0008 is a good bet as long as the dilution slows up by the time it goes down that far. I'm not happy I missed this run but I'll grab the next one. Luckily I grabbed a similar run elsewhere and that one is holding unlike this bad dumpage over the last 2 days.
Why not 0.0009? That's where it landed last time they let it run and then dumped on us. Any reason why you think 0.0019 is a good re-entry when they aren't showing any concern about the pps right now? I'm not sure what deals these converters are getting but they were diluting right down to at least 0.001 before.
No doubt. I wasn't trying to sell the RS as a positive because I don't believe that any more than you do. I'm just saying that an RS of a continuing business is marginally better than an RS to reset a shell to start on a new business. i.e. this one is marginally better than the RS they did in 2013 so the result should not be as bad.
The only difference between the last RS and this one is that the 2013 one was done after the failed grass-fed beef business whereas this time they are continuing with the pizza business. Not much of a positive but it's something.
An RS on a failed shell company to reset the shares and start selling to raise capital is never going to end well. Who knows this time?
PUMA is buying/covering on the bid at 7s, this could get interesting....
Those days are over. It is infuriating when a stock bounces around unless you are watching and playing it very closely. There was bound to be some consolidation around this level but it's a very good sign that we have stayed here and not gone back down. Most of the shares are now in new hands who are looking for increases from this level not from the 4s and it will stabilize.
This is all in my opinion but we'll see by Monday/Tuesday. I don't anticipate seeing 5s and low 6s again.
You know what, hallelujah! This one has been dead in the water for a while now so any movement is better than nothing! At least there will be some action finally.
I got the same email but I haven't called him yet
That is only a problem if you bought at the $4 level. If you bought down here, this is doing great!
No offense but you have this upside down. If the AS is maxed, that is good in the short term because nothing else can happen until the vote is done. It is the long term of the company that is in question not the short.
Having opinions like the ones stated and being long don't make sense to me.
Confusing post. They are asking to increase the AS because it is maxed out. If it wasnt, they wouldnt need to
Look at the increases and profits over the past several days
Your credibility is gone, cover and leave
So, how did this prediction work out for you on the 14th?
Shorts are no fantasy on this stock, anyone watching it for a while can see that. Shorts without stock to dilute have no real power though.
The shorts tried and failed today imo. It recovered and took a lot of hits. I personally would not want to try shorting this stock right now, it bounces back hard without the heavy dilution we saw previously.
There have always been two elements to the manipulation here - shorting and dilution. When the one helps the other, it is a bad combination. Considering the way the stock keeps recovering right now, my feel is that the shorting is still being attempted but they don't have many shares left to dilute and cover so they back off quickly when there is buying resistance. They took advantage today but didn't achieve much imo, tomorrow we should be able to shake off the shorts and continue to rise.
I'd say we've already cut through a lot of the flipping from the 4s after the action around 8s and 7s yesterday. The temporary drop to low 7s would have shaken out a lot of people.
I'm guessing iHub had a major crash last night and rolled back to recover.
Even the IT guys have packed up and left. The website has been down for 2 days now. Is anyone still working there?
I'm thinking news in the am after the 5 filings this evening. Going to be a fun few days here!
That is correct imo. It's still a big number though and the key thing is that he hasn't sold any significant amount.
Really? With weeks left to go before there is even a vote and the shares locked up in the meantime? I'd say it's smart to jump onboard personally.
I'd agree. I think people who have been flipping over and over were maybe expecting this to go down and sold up ready to reload lower. Its not happening this time though, it will continue up!
All too conservative imo, especially if we get news. This one is tightly coiled and will go up anyway now. If good news is released, it will explode much higher than 0.10.
Really? You just say that with nothing to back that statement up? Have you checked out the history of Molson and understand the background?
I have to agree. We don't need bs, the stock is doing great and will continue the trend
Dead cat bounces don't involve the kind of volume and buying power we saw today. Look at the trades. Then cover and take losses as quickly as possible. Or buy in and stop fishing for cheap shares, that time is over
Dumb shorts did not cover by now. Best of luck!
Wow! Check out the 275K slap on the ask! This one is finally moving big.
I have to ask, has anyone actually read the 10Q that was released? Barely any revenue at all, Directors loans, salaries unpaid. This reads like my first startup company where I made a bunch of mistakes, lost a load of my own money and the company went bankrupt.
There is nothing to invest in here. The revenue is probably mostly from people on here buying on Amazon and I can only imagine that the schools and other fluff news here were free water provided to try and sell more shares or create a name for the company.
In the meantime, one billion shares were dumped on shareholders and the price per share is a joke. I have no idea where that money is going but this is a fools game.
Institutional buyers who are interested in a set increase before moving on. We're building up some nice momentum here though, ask is falling, bid is growing. We'll break through by EOD imo
Down again tomorrow imo and then chances to reload next week