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That chart is relevant as it reminds me so much of what we see here
I got back in the 5's for next leg
GRAMPS please re-post your original post.
We will sticky to properly honor your fine work and enshrine into the RNVA rafters for the likely mastermind piece it may become
Thanks J/b.
I couldn't sticky GRAMPS original post as its >48 hours old
He/she clearly has no source with a quick review of post history you'll see a common theme with misplaced RS claims. Maybe its a strange hobby.
Just ignore
We don't break 2's without the news.
Do what you feel is right.
I use multiple medium, high and greedy targets that I will shave if we see a good run and then leave some to stew for years as well. That way i keep some for greener days and never have regrets when it runs and i didn't take any gains.
The market can run fast (especially in OTC) or it can melt up slow so I try to be flexible. As i said market never go at the pace you want.
Inevitably you have to do what you feel is best. From experience you learn and recover quicker from your own mistakes faster then following someones else.
HO HO HO
Naw. I've learned the market rarely play out when you expect.
Also I assumed the Co. to be silent about this expiry. The JRMC news and fins are coming soon. Just relax knowing the RS is done and be ready to execute your plan when it gets there.
Our traps are set.
Dude if this ticker puts serious cake in your pocket, take pics with the hottest chicks you can buy and post it on social media just to put the the pins in the Ex.
Then move on and do whats in you heart going forward. True love or even friendship don't come or go over money
IH EHSNOK
This should get fun soon
HO HO HO! Had to be filed friday.
Expires at midnight
Likely explains the volume Friday
You're likely right. But it would be a great opportunity to release positive news or and update regarding the expiry
Other way around. The Company only had to notify if they were initiating the RS.
Tiny sliver of a chance it can even still happen, but until the expiry date passes the possibility no matter how unlikely it is available.
The silence likely means the proposed 10000-1 has served its purpose and is no longer necessary for reasons soon to be disclosed when the company decides is the right time
A basic market structure looks to have formed to coincide with the aspects within your post and other events.
An eye catching selling climax took place in February to kick off the start of accumulation. The rest of the accumulating bottoming pattern has been hidden the "no bid" but the volume speaks volumes as to where I believe we are now sitting.
These spin-offs were most likely used as the 'carrot' bait dangled in front of investors during the period of absurd toxic dilution the company used to acquire hospitals
IMO they are not happening and have served their purpose.
It doesn't really matter either way as historically the impact of spin-offs on share price is negligible and often there is no impact and the stock stays on trend
All that matters is Monday comes and goes with no RS as thats the best sign the period of extreme toxic financing comes to an end. That's the bottom line as far as share price have a chance to move north with positive news
3. spin-off cancellation IMO
Otherwise I agree
6490
https://www.finra.org/rules-guidance/rulebooks/finra-rules/6490
(3) Deficiency Determination
In circumstances where an SEA Rule 10b-17 Action or Other Company-Related Action is deemed deficient, the Department may determine that it is necessary for the protection of investors, the public interest and to maintain fair and orderly markets, that documentation related to such SEA Rule 10b-17 Action or Other Company-Related Action will not be processed. In instances where the Department makes such a deficiency determination, the request to process documentation related to the SEA Rule 10b-17 Action or Other Company-Related Action, as applicable, will be closed, subject to paragraphs (d)(4) and (e) of this Rule. The Department shall make such deficiency determinations solely on the basis of one or more of the following factors: (1) FINRA staff reasonably believes the forms and all supporting documentation, in whole or in part, may not be complete, accurate or with proper authority; (2) the issuer is not current in its reporting requirements, if applicable, to the SEC or other regulatory authority; (3) FINRA has actual knowledge that the issuer, associated persons, officers, directors, transfer agent, legal adviser, promoters or other persons connected to the issuer or the SEA Rule 10b-17 Action or Other Company-Related Action are the subject of a pending, adjudicated or settled regulatory action or investigation by a federal, state or foreign regulatory agency, or a self-regulatory organization; or a civil or criminal action related to fraud or securities laws violations; (4) a state, federal or foreign authority or self-regulatory organization has provided information to FINRA, or FINRA otherwise has actual knowledge indicating that the issuer, associated persons, officers, directors, transfer agent, legal adviser, promoters or other persons connected with the issuer or the SEA Rule 10b-17 Action or Other Company-Related Action may be potentially involved in fraudulent activities related to the securities markets and/or pose a threat to public investors; and/or (5) there is significant uncertainty in the settlement and clearance process for the security.
If no RS...
then its just a matter of time. O/S could be near maxed out from todays action so it could escalate quickly
I will make a bold prediction that Monday comes and goes and we close back at .0002
No RS
Looks good to me too.
Gonna get really fun soon
Its been mentioned on this board a few times over the past couple weeks after Lowtrade brought it forward
While my strong expectation is no RS, the concern I had is there could be other loopholes possible we don't know about.
Ill sleep better Tuesday but so far so good. Have a great weekend!
I grabbed em by the .....!!!!!!
Good luck to all
Dear lord
Im buying more after reading that again
It's the final countdown !!!
That 1.75B was the selling climax and start of the accumulation phase.
This looks to be signalling the end. Well timed
Bingo.
Accumulation is the basis for all grand market moves.
Sometimes it's difficult to detect and sometimes it stares you in the face.
And better yet a private investors recently forked out millions into the company possibly to coincide with this phase
Yes sorry i meant existing SH will already know if it expires Monday
Otherwise the mammoth 10000 to 1 proposal is really not something worth mentioning again. And thats even if it was initally propsed for a more sincere reason then keeping commons in on the sideline
What matters to potential investors is the details as to why they no longer require a RS.
Existing shareholders already know it's cancelled.
More importantly I doubt the company wants to draw attention that they even proposed a 1 to 10000 whopper over scorned shareholders heads
Best to lift the rug and sweep it. And let the good news roll out
1000
10000 x .0002 or .0001 = $2 or $1
Then would likely drop hard with panache for a week or worse depending upon dilution
Then we would see if there is a bottom to be had or further dilution
I don't see the RS happening. But time will tell soon enough
First you have to wait 4 (2 business) days to validate your expectation.
We'll enjoy some weekend lettuce and discuss with far greater clarity Tuesday morning