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I just can't help feeling that at any moment the trigger gets pulled on the big move to take out Sabby.
Through "trading" with yourself, Tom?
Won't (can't) stay stuck too much longer. I suspect large buyers who could overwhelm the ask are just loading .0001s as they come. Who would want to embolden Sabby to hold out for the .00014?
A quarter of a billion shares traded so far today. Go RNVA.
Buy .0001s. Sell the .0001s. Buy .0001s again. Sell the .0001s, and so on. He spends his time trading with himself. That's what I'm taking about - the difference between accumulation and masturbation.
Wow, when did you find that out? You are really on top of it. So impressed.
Not that much though. It's relative.
Has Sabby been selling .0001s? (It sure is trading like that.) If so, how many and many are left? Those are the ONLY questions at hand.
Repurchasing corporate equity now in preferred shares seems a plausible option most any time.
Good question, but who knows? Paying off debt and growing the company into the share structure seems the strategy for now.
None of those amount to enough corporate equity to require a separate insider trading plan. If memory serves me, they were included in the current plan, but Sabby took up all the share limit that could be sold under the plan. They aren't going anywhere. Manageable if they do. Good faith actors staying in the house. Bad faith actor being shown the door.
.0002 flips are making a big mistake.
News hit that another government shutdown is going to happen. Fortunately, the debt ceiling is not involved this time, but every time Congress can't do it's job (meeting its basic fiscal responsibilities), it chips away at confidence in treasuries. Probably selling on the news followed by support from others buying the yield.
I think you are right about having cycled through the weak hands. Tom turtles says he sold today already. That's a buy signal.
Short attention spans. Easily distracted. Eyes always wandering seeking instant gratification, but never gratified.
Sabby's selling .0001s. They have to be. There just can't be this much impatient money left in the thing
Going into close it was just that 60k .0001 ask and a stack of .0002s after that. Little doubt left as to where the mystery asks are coming from.
I have a feeling other aggressive buyers will be joining in with you through this week. Just a feeling. Volume this persistent must mean something good. Buyers don't keep coming at it without good reason.
Q2 10-K shows RNVA is paying off potentially dilutive convertible debt at a very fast rate. We're good.
Let's see a strong close. How about it?
Over 400 million had to be bid. Neither the buyers or the seller showing their hands.
Traders start hitting it harder tomorrow? Big volume the rest of the week?
Actually, .00009. Only registering Sabby shares (no volume traded).
I have never learned more from an IHub board than I have on this one. I know valuation and some economics, but that's about it. Comments here have led me to study the insider trading rules and related RNVA filings. That took me awhile to figure out, so I get that everyone hasn't gotten that. I listen to those who know better about technical trading, short selling, and all sorts of things. Everybody here has their strong suits and help each other. But I have to say, I have lost patience with those few who pop in to spout off something they don't know what they are talking about, and when you give them information that would help them know what they are talking about, prove they never really cared to know what they are talking about in the first place.
At times like this, I wish I had left myself more liquid. Can't get my hands on the cash without paying too much on the back end. So much for financial security.
What percentage of regular OTC traders would you say still don't understand how the new insider trading rules work? You have obviously taken the time to do that. I feel like if most did, we would be done with Sabby by now.
First major pink case study of the new insider trading rules. First to break out under those rules.
You don't know what you are talking about. Everybody knows it. Go away.
Why is it so hard for some to appreciate regulations that are designed to benefit them?
That's the way the new rules work, dummy.
Read up on the new insider trading rules before you spout off. Then you won't make ignorant comments like that.
That's the beauty. The new insider trading rules prevent Sabby from doing that. Sabby is a springboard, not a barrier.
Sabby is the only major seller in the way. No major resistance after that. New insider trading rules prevent any surprises. Sky is the limit.
Securities fraud indictment of winna just announced.
The longer that goes on, the more likely Sabby is selling .0001s (not waiting for .00014). If you are among the bigger investors making a big move on RNVA, you draw Sabby down to .0001 if you can. It's a dance.
Triggers on the big guns at the ready. We will hear a big bang at any moment.
How about news of some billion share buys?
Earnings and valuation too good for that. The market is on this. CAH may be the only value the some of the market is still overlooking. There are private goods and services that investors always consider, and there is an enormous reimbursable public good too many business schools and economics departments fail to teach their students. If you understand that part of the microeconomics, you buy RNVA like it's candy and you own the candy store.
https://www.hrsa.gov/sites/default/files/hrsa/opa/critical-access-hospital-factsheet.pdf
You can't find more certainty in forward earnings than this (OTC or big board): https://www.hrsa.gov/sites/default/files/hrsa/opa/critical-access-hospital-factsheet.pdf
Here's the deal. Since the Q2 report, the market has churned through a volume about equal to the float. Some deep DD by Downdraft on RNVA governance discussed early this weekend on this board, shows the CEO with the "irrevocable" support of the 1st position corporate equity holder has controlling interest. Those two have exercised their corporate power and the leverage given them by new insider trading rules to usher Sabby out the door ingloriously. It has now come time for the market to do its part, meaning maybe 10 billion more to buy at up to .00014. Then the ticker will show a .0002 bid.