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But yet for some reason it seems their holding their positions....hmmmm
Wow...that's some really good DD you've provided...
Just love the desperation in the air by players that are obviously becoming concerned for their holdings over the weekend prior to ALL that could unfold Monday morning!!! THIS is NOT your normal play under any circumstance for at least the last 10 years.. (Other than just a few that eventually met their demise) players beware, the odds are this will get really bad!!
Actually, I'm curious as to why you feel the need to respond if there's no need for concern.....
I'm thinking of setting up a gofundme page for Ted.....
Janice is here.... NOT GOOD! Lol
Muscle relaxers + anti-inflammatories + my handle name is all I'm on.
He will time it all to his benefit...how that unfolds is pure speculation on my part and everyone else's. Play at your own risk is all I can say.
I am...unfortunately got into a bad motorcycle accident earlier this week. Not fun!
Yeh...those were circuit breaker halts, if HMNY gets an SEC halt it will be a completely different story for sure!
Lol...was wondering what you meant..
I'm not in this, so haven't really thought about that. But now that you've asked, IF it does get halted (very likely) then even if it's temporary and nothing negative comes out, then it could jump. But, if something bad comes out of the halt and is moved to the greys I would certainly not want to have been holding.
Is there a restriction to him not being able to have already converted them? Do you think he has to hold onto those shares once the vote is complete to which he has total control of? Do you think he's going to leave $250K on the table?
Again, not going to happen because Ted isn't going to screw over his lenders! Once and IF they cover somewhere down here in the black hole, they will signal him and at that point they will start the second half of selling shares as they bleed it up to who knows where. There not going to continue selling shares much further down, they will reverse the play and start selling shares upward. That's IF they aren't halted first for an investigation or taken over by a vulture buyout. Retail just happens to be caught in the middle of a big boys game here!
If my theory proves correct, you're gonna have some crazy swings over the next few weeks which most won't profit from regardless of having L2 because NO one knows when the next truck is backing up to unload.
I learned that patience is the key and sticking with my plan.
Yup..
As I stated before. I think there MAY be a short term pop based on the currently maxed out OS and the fact that Lagan MAY use it intentionally to unload his 147+million shares. But, id hate to be competing with his shares and the other players here on an exit. Especially if one were to be in at the moment he drops the official news of the RS & AS increase....buying would dry up and selling would definetly prevail into a likely PPS of .0001-.0003 range. Guess you'd have to know if and when Lagan is out, but there's no way to know that.
Seeing that you've stated that you're long, that makes perfect sense that you are not concerned with the upcoming RS & AS increase. Good for you! I was considering buying some for a 3-6 month hold myself, but I will await the 10Q and upcoming events in order to determine a favorable buy.
Funny thing is, is that I haven't heard anyone call this a pump and dump. Moreso, they seem to be fed up with the continued dilution and slow progress of revenue generation while their holdings become prey to flippers flipping way below their buyin. Thus, they start trying to average out their holdings buy averaging down, and then BAM...another RS & AS increase.
Anyhow, I just thought I would share the normal repetition of what continues to go on between the Company, Lenders, and retail.
From my experience, P&D's are unkown tickers that are quietly front loaded by insiders and then run up hard while they "hold" until it's time to dive into the gullible. That doesn't appear to be what's happened here. This is just a Company trying its best to stay afloat via a printing press.
If that's honestly your strategy (going super long)... then why post on this board on the regular? Not trying to antagonize at all, it's just that when people go long in a penny stock they usually buy, set an alert, and walk away until said alert goes off.
Also, from all the years Ive been trading (Don't go by my handle date, I've been around a long time. I closed out my subscription here during the Great Recession, came back in 13' and then didn't start posting again until this year) going long in a Penny Play is always something one wants to avoid. Hence if one went long RNVA a few years ago they would have nothing to show for it.
Not disagreeing with your analysis by any means as I've done my own DD reading the filings.
The issue that remains for me personally is that retail is ultimately financing the operations, and thus the current PPS at .0007 just before another RS & AS increase is glaringly suspect of a failing buisness. How much money is retail going to keep throwing at this until the Company has substantial profits hit the bottom line that are enough to absorb the ongoing deficit and keep the business operational?!
As it stands right now, retail is down huge over the past few years, and the new filings spell out that it's going to continue going forward for years.
I guess it's each to his own, but I'd sure like to meet a group of retail investors from a few years back and get their take on the situation.
Not. Going. To..Happen since the shorts are Teds lenders for the most part.
This thing just keeps bleeding down....institutional holders must not see value in their holdings. Sad!
Should have been "Miloss"
They went public because they needed funding to stay alive, therefore going private leaves them at the mercy of very unfavorable offers indeed.
The complaints are coming in from all sides, thus an SEC investigation is sure to have been opened at this point.. Tic toc
I'm hearing through the grapevine that a lot of people have filed complaints with the SEC. Not good!!
Have you fallen and can't get up? LOL
I agree about the ambulance chasing law firms, but one has to realize the heat coming onto this Company from all sides makes it a very risky gamble to put ones money on. So many other plays that don't have the threat of an SEC halt, vulture takeover that would decimate stockholders, and/or the potential of bankruptcy looming.
These concerns are not doom and gloom, they are valid in every way. You've got millions upon millions of overhang shares sold into retail that will flip ASAP to ethier get out of take profits.
Plus, Ted is not going to try and cause a squeeze on his lenders that are short until they have covered...meaning the chances of a short squeeze are nill. Only saving grace is IF they can remain "standing" and slowly sell the remaining billions on a slow and deliberate walk up of the stock. You'd literally have to buy now and not look back for a few weeks...that's a huge risk unless your putting chump change on it. Jmo
Let's unpack the "WASH, RINSE & REPEAT" saying.....
1. Companies go public to finance their endeavors.
2. They sell shares to lenders that then sell to retail.
3. Retail buys on the Companies PR's and filings (If they file).
4. Once the OS is exhausted, then the Company almost always issues a RS & AS increase to continue the funding that's "necessary".
5. The RS consolidates the OS's and thus allows for the selling of new shares to lenders out the AS increase.
6. The RS generally wipes out all current shareholders based on the RS equation that's almost always unfavorable.
7. The new shares sold to lenders are ALWAYS cheaper than what retail gets...meaning the lenders profits are already baked in.
8. Once the RS & AS have taken effect the Company then starts their PR blitz to help their lenders unload.
9. If the lender(s) are happy with their profits, then they will continue to fund the Companies "operations".
10. The Company and the lenders are basically one in the same...meaning they are the preadator and retail is the prey. If this equation didn't exist, then the stock market wouldn't really exist.
So, how does a trader play the above scenario for profits without becoming prey?
You ethier buy the strong dips hoping it recovers, flip the tiny ticks, or wait until after the RS and try to grab cheapies during the PR blitz.
Your best bet is to read the filings and then try as best you can to GUESS what the insiders are up to without having to turn off the lights when their done playing with the printing press.
Personally, I buy when it's quiet and while the filings point the way to the potential PPS increase... It's not fast and furious, but you're a lot less likely to get burned. Buying MOMO is a short term way to eventually get stuck and then have your capital stuck while watching other traders trade below you. I'd rather my capital being "stuck" while it's quiet and just wait upon the noise to begin. A lot less stressful.
Comments and/or suggestions are definetly welcome as I'm always looking to sharpen my skills.
RNVA
Good one! I'm laughing already...
Garnering attention to JA's plays goes both ways!
REALLY? You're joking, right?
O-O
pay attention..
Lagan knows the 10Q is not going to be good, and the stock is already at .0008ish... Meaning the only way he can continue to get institutional lenders to buy into this is to offer them a huge discount to the post RS PPS so they can sell into it with a PR blitz he likely has been cooking up. He literally forced the recent buy in on August 2nd. The lenders would have not agreed if they didn't feel there was further potential to make money on this game post RS. He's gonna sell them BILLIONS of the new AS increase...and what do you think the lender is going to do with those newly minted shares at a huge discount to the new RS PPS?
It's called institutional shorting