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My whole board is red. And volume is down on everything.
Id say shorts wont start to get Uncomfortable until we had three bucks that’s essentially $.60 pre-split. That’s when I say the short squeeze starts
What they did not say was they increased it to 5:1 for post Split shares only. So maybe you will get 5x pre split shares.
Your going to get the equivalent to what you had prior to the R/S. So it works out the same for a share count after the R/S. It cost more to get shares now, 5x as much so u get 5x few with ur purchase. That why they are bumping it to 5:1 post R/S. The value of those shares are no determined yet. So it has no value based on trnx value. Its just a share count.
I mean if you think the stock is going up then u dont unload shares. If your a long then you should be happy when someone lets their shares go so cheep. And if someone is short then he/she would be trying to get others to dump shares so the price comes down and they cover cheap.
Anyone use robinhood?
You just have to work with the insiders profits to figure out how how this will get. Modest executives desired profit , work with $10 a share. Scumbag greedy sob, work with $25-$30 a share!
So figure if they want to double there money, the share price must hit 4x $4.00. $16 a share gets them paid $145500 with $77400.00 ish of that being profit.
Yeah your right, $4 a share for the insiders to brake even on the 97350 shares they each bought @ .80
Now its 19500 ish shares
Dont forget that they arent using this r/s for income. They have the revs and $5m in the bank. This is a self sustaining company.
That $6.5 price was based on 82m outstanding shares. Now that we will only have between 16m and 17m the target is $32.50
So NASDAQ sets the price after the
r/s not shorts. If NASDAQ deems the valuation higher then what the shorts tore it down do then that will be a factor of the opening price on monday. I think. You should all look it up on Nasdaq site.
People should have stopped selling. More then likely shorts helping shorts. Short term up side fore holders is big. Shorts should loose some sleep this weekend if they dont get out by 6pm
Mondays price should be a direct reflection from todays close, Friday close x5 and /shares outstanding by 5. .50 would bring $2.50 monday with 5x less your shares.
I mean, a price run now would kill them monday. Makes. Science.
Covering now just keeps things in the known. Who knows what happens monday and the probably want to reset anyway.
So im thinking any shorts that havent covered yet would want to do it before the R/S, right?
Thats pre split
I really hope stocktwits read this board
TRNX is not on the nasdaq schedule for splits or r/split
Ill bet we get an extension. If not it will get promo and run like CEI did.
Old posts aren’t showing from anyone.
Im almost willing to bet we get a promo tomorrow. 16,000 watching on stocktwit alone. Institutional investors are getting peeved guaranteed they come in tomorrow and start buying up a load.
I think tomorrow we get more real big news and a buy rating from someone we all know!
I mean, we got a nice pr today! Wendys 100 locations. Thats positive news!
Stocktwits is crazy. There are peeps stating fails info about the spin off. If there was anything funning going on the stock would have been halted. Shorts are going to be crushed, especially if a promo comes out with all the eyes on this. Huge short squeeze coming. Buy early and as much as possible. Hold your spin off shares and execute a daytrade.
Shorts got screwed and didnt even know it. If they took a short position before the 15 then they have to cover the spin off company as well. Lol
Just food for thought, scott used to be an investment banker, right? So im guessing he has shorted a few stock in his life.
There are 4 options for you posting people, 1 shot 2 long 3 daytrader which you cant hid if your flipping back and forth. 4 you have a crush on this board.
I mean!? If dips it will come back for me and i don’t loose any money. What happens to shorts if it doest go your way. You loose and dont get it back. Im happy with my choice as a long.
Did i strike a nerve?
Thats where shorts thought they were going to cover before monday. Now scott drops big news monday pre market and releases quarterly monday at 5pm. Shorts are trapped if more institutional buying comes in on monday.
Go look it up for yourself. You will see. The best proof that this company is betting on themselves. $325,000 is not anything someone just throughs away. Im sure scott is not that rich. Its probably a good portion of his saving for his future. People put their life savings into starting a company and building a life for their employees.
Pps went bought was in the range of
.65-.70 so they weren’t any cheeper for them. About $325.000.00 they are not looking to be a bag holder. You figure it out. That was just scotty. 10 others put the money where their mouth is.
11 insiders purchase for 2.3 million and 0 sellers. So insiders are now invested to insure that we dont rs. Scott bought 500k+ himself.
Lets put the day trading aside, this company has what it takes to make big. Get some share to hold onto long. Everyone wants the quick buck, and so do i but next year at this time when the shorts are out and the company buys back its shares, thats when we say thank god i bought some to hold, instead of, dam i wish i would have stayed in.
Tree got a real good shackin. Remember i said the wrong people own too many shares. Well now that the right people have a lot more the they had, this pps can now move into the target price.
50m shares traded on the positive side of things and only 4m took it down. U tell me, think the mms have a hand in it. Tomorrow will bring the price back to a dollar.
So when were financial supposed to come out?
So i guess the PR’s will start after they release financials tonight.