And just like that, poof, 50% gain...gone. Lol. This trades like OTC.

This stock is such a turd.

Daily chart looks ready to pop.

Surprise! Red again.

Think of all the short positions taken yesterday. Seems they would have been smart enough to see the technicals about to roast them for the next week or so.

Very odd...

Pumped and dumped by noon.

The daily chart is diverging to the 50 day SMA unfortunately and wont move up. I feel your pain, but thats the market now, run by trading algorithms. No reason for this to be lagging behind the other pots stocks in a big green day. FML.

I thought the same thing when I read their reasoning this morning. Seems like they’re coming from the bitter short point of view.

Dang this stock has turned straight trash.

With XOP moving 5%, and only 4-5% for GUSH, still wondering...

I too am confused and slightly agitated by this as well wondering why.

Pumped and dumped.

Un fn believable

I am giddy with anticipation at the possibility of seeing short sellers smoked after the bell if there are any surprises.

Isn’t it funny that these guys...or gals, don’t post “when” they sell, they wait for it to tank for a few days and tell you they sold at the high of the last run. Laughable at best. I will say this chart is getting close to a golden cross on the daily maybe next week.

Volume drying up fast.

Obalon announces results of their pursuit of strategic alternatives: “Dilute dilute dilute”. “Right up the keester bagholders”. Anonymous CFO laughing all the way to the bank.

Next week: offering for 50 million shares at 25 cents.

Wow. More shares registered and for 4.00. This company is a real POS. I wonder how those that purchased the .60 feel about being locked in with a 33% loss.

Some desperate pre market action going on out there. Ouch, somebody keeps digging a bigger hole.

I expect to see more class actions suits coming. Apparently this company has nothing going for it except selling stock after reeling in bagholders with PR’s.

-10% hardly an up day. This only gives more room for it to get drive down sub dollar again.

This stock is a giant turd. Reverse split will result in more loss tomorrow. You would think from the action yesterday there was something good in store. I am surprised the market seemed to react sharply either way up yesterday and down today, to what was obviously going to be a crummy report.

The worst thing this company ever did was sell the right to Apple. Nail in the coffin.

More of the sales pitch. Do I get a free Sham Wow with my stock purchase?

Please people, stop with evil short and mm manipulation stuff already. Study charts and crowd behaviour so you can understand how supply/demand/price all coincide and how profit taking affects the stock price. Fannie and Freddie are flat and in a perfectly healthy uptrend showing good buying pressure and good consolidation.

“Wait, there’s more!”

Market doesnt seem to like this so far. I dont like it. Do nothing Congress wont do anything except sit around and procrastinate, trying to figure out how to line their pockets with this.

That article is laughable at best.

What the?

“The 2008 law that put Fannie and Freddie into conservatorship in the first place specifies that the two companies must technically be liquidated if they are to exit government control.”

Yeah, thats a receivership.

Lol. Hope he tells them to shove it. FHFA has sole authority in this matter. They gave it to him.

Oh yeah...I forgot to mention to any of you all that there is a golden cross forming on the daily chart.

Filled to 2.43. All clear on gaps.

Gap filled. Can move on now...

Hoping so! That would be priceless!

Its gonna be a battle to get this guy confirmed. Those greedy *****rs are gonna do everything to block him.

Profit sh-taking to get the gap fill in the 2.40 area now.

I wish they would. Senate and Congress will do nothing as they have done for years except suck every penny dry until another crisis comes up. The FHFA director must use his power.

Yeah....dumping...that is why the price is going parabolic. Makes sense fella.