retired
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The uplist is only good if Nio can obtain financing. So far it has accomplished nothing except it took away 90% of the shares of retail shareholders who were in the stock pre-split. Investing in speculative companies is always a risk. I do think though we had expected more from management based on past results.Still cannot figure out how Mark got hoodwinked.
X hates giving up the throne. We should welcome new posters. If they have an agenda, it will come out soon enough.
So they had to bring in vultures to complete the 50 mill guarantee. This was highway robbery at it's finest. GX insiders make out like bandits, Yorkville gets to work this stock into the ground and take their pound of flesh and the retail base gets obliterated while being loyal shareholders over the years. Sounds like a fair deal. The rich get richer and the nice guys get laughed at. Good luck having more town halls in Nebraska.
If this was a prize fight, they would have stopped it in the first round. That ringing of the bell at the NAS was a complete farce.
Spectra was an absolute POS.
Can you imagine the next BOD meeting if it comes to pass they have sold off some of their positions.
Do you know how bad that will look if they have already decided to part with their holdings. I do agree that if some of the insiders are not keen on holding their shares, the selling that has picked up looks like it could be them. Who the **** knows anymore. It will show up in future numbers. Looks like the short interest has picked up.
Question for anyone
How does Yorkville work the convertible toxic debt. Are they able to short immediately to knock the price down far enough to grab the largest amount of shares possible and how much risk do they take. This type of deal has hurt Niocorp in terms of market capitalization. Lenders do not like having companies with a small number. Not sure if this will affect the EX-IM situation. I believe that is why you see the price marked up after hours most days.
There are way more pumpers on this board than negative ones. Pie in the sky numbers coupled with fantasy deals that they know of. Posters with startling inside information that keep your interest peaked but fail to mention anything and vow to disappear but reemerge to continue playing the game. Do you actually think TedPeele is keeping the price low. That has to be some sort of joke.
Lebby has transformed the company but has still not delivered on his word of deals. His patent protection is very good though and should be commended. They have not moved the needle on the share price but no one expects that. The next PR I hope to see is some sort of partnership with a name attached. The May one might be pure fantasy as the timing and secrecy to it is suspect. If he cannot announce anything in 2024, keep your mouth closed. Better than announcing something made up in order to keep the price from toppling.
You are beyond nauseating.
I was a proponent of the company and Mark for years. I advised many people to take a look at the stock and invest because of what I thought was a great risk/reward. June of 2020 was my first bit of concern as I believed a debt package was on the horizon. The only time you really had a chance to sell was the Fox interview and that lasted about 30 minutes. I sold about 40,000 shares on that move because you had a feeling it was a up and down move.
My reasons for unloading the position before the during the merger time was more who we were being aligned with and the r/s which almost never works out. I did not want to give back the money I had invested in from the 2011 range. I could have been dead wrong by selling. When Ms. Fenga quit the BOD, I knew something was not right. When LPC mentions that insiders from GX have gifted close to 3 million shares to get the deal done, that is a huge red flag. No one at Niocorp has ever been held accountable for letting this merger go through. Investors overseas and in the States can say they are happy where things are but you have to be a fool and also a liar to think that way. At the close of Friday the stock price is marked at .267 US. pre-split.
Plain and simple, Mark was hoodwinked by his debt partner and the merger and we were hoodwinked by him. The majority of my position was held over nine years without touching it. Loyalty only lasts so long.
I look for the open interest on the options as a tool. Niocorp is basically non existent.
You have zero effect on the price. The open interest in all the strikes is next to nothing as far as I can see. No liquidity in the stock means no liquidity in the options. At present the chart has broken down and investors have no idea on what Yorkville will do. It looed like 3 dollars a share was a base but that got obliterated on Friday. In the last few years, management has missed every timeline and Mark's comment about the SPAC after promoting it was a terrible choice of words. EX-IM is an unknown at present, Stellantis is a positive.
If this keeps up and the price erodes, then they might have to do another r/s in the future. That will be lights out for long term shareholders who will see their shares ground down to nothing. I was involved in another stock Delcath and had a stock friend who had a 1.5 million dollar profit evaporated because he was advised not to sell in the 16 dollar range. I told him to either buy puts or do a synthetic to keep his profits. He chose not to and his shares went to zero on r/s. Investing in these type of companies is very hard when you think this stock will be your path to easy street. It never hurts to take a profit.
That sounds about right. Can you tell us how many options were in the firing line yesterday. I would guess maybe less than 100 if that and that is being generous. NB has no option interest. The spreads are horrible and MM's will not commit to large bids and offers because the stock is illiquid.
Your first line is correct. I bought 20k in the 4.65 average range and was hoping it would bump up to 6 for a quick sale. Did not work out and sold the 20K in the low 3's.
I met Mark when Dickie was still the CEO. I asked for the meeting if they had time in NYC. They did and we met. That was close to a decade ago. Mark gave me a nice Niocorp pin and afterwards my friend and I went to Del Fresco's for a great steak dinner. That was a good day and night. I cannot imagine what a steak costs now from that place.
Had a sit down meeting with both Peter and Mark a decade back in NYC. Could not have met two nicer gentlemen who spent two hours in the bar with us talking about Nio and life. I cannot believe I am typing this post in 2024 and where the time has gone. I expected to be retired from the proceeds of Niocorp alone. My saving grace was to sell the position as soon as I realized how bad GX and the consequences of the r/s. Happy I sold but this is not what I was hoping for.
Debate whether to get in again around the 2 dollar range if it goes there but my last jump in resulted in a 27,000 loss. Tough to get money back now in spec stocks.
It is president's day in the US. Market is closed here.
The best thing for Niocorp is the US market is closed Monday.
I did not think the stock would go under 4 US after the merger. This is a nightmare and they had better come up with something soon. I think Yorkville can drive this down to 2.14. l am leaving bids down there if it ever hits the price. One thing for sure if that there was more liquidity pre-merger than there is now. The merger was a joke. It added zero so far unless the retail base is happy to have those vermin from GX as fellow shareholders. I believe Walter said the Belgians are thrilled to have Dean on board. You might want to have another vote on that one.
EX-IM should bring in other funding if the loan comes thru. They will be the initial catalyst. I have no position at present. It is tough to get excited about any sector at present except the AI stocks. NVDA is rocking as well as META. Problem is you buy in now, they might be int the last stage of an upwards move before a correction.
LInd, Yorkville,GX. Not exactly an awe inspiring group. I could see Lind in the beginning but Yorkville and GX are the worst of the worst. GX had to close shop in March 2023 and yet Niocorp handed insiders the keys to the kingdom for absolutely nothing. Gross miscalculation on Niocorp's part.
I wonder why Mark shut down his financial arm.
AO I am guessing Jim Sims was on the EX-IM introduction. As far as Stellantis, I say no as well. Whoever brought GX and Niocorp together should rot in hell. This was a disaster from the get-go. Maybe MS(Morgan Stanley) was the culprit or some other east coast based outfit. When you assume as Nio did that you were going to get a boatload of funding but in the end receive nothing, some heads should have rolled. This caused a major loss for investors. Unacceptable.
To hear some people say they are happy how this has worked out and have complete confidence in management is absurd.
Sears and K-Mart was a doozy. AOL-Time Warner. Snapple and Quaker Oats was a disaster as well. On a 1-2 punch though, GX has to take top billing.
I stopped counting after 2.
How would you like to have known this news before the SPAC merger. If this is true, what a ****show. I am not a merger expert but this has to be the worst deal in history. Celularity is a close second.
NVDA-725
LWLG-4.80
LWLG has what NVDA does not have-Jim Marcelli. Get rid of the black cat.
Stock does not rebound on market strength today. I am hoping KCC reconsiders and writes a letter to the BOD.
The comment section says it all.
A couple more days like this in the general market and LWLG's recent run will be forgotten about. The Vulcan will need news to push this thing forward or KCC will need to reappear and calm nerves with his mountain of inside info to counteract the resurgence of TedPeele.
What great times in this stock.
I thought you were leaving. I gave Vein some advice and it was to take a break. You should heed that as well.
Maybe you can send Lebby some dead roses instead. Your timing for pump posts was right on the nose. Did you unload some of your position yesterday.
You are trying to lead on investors here. If you cannot post your information, why post at all. We have seen enough of people here with inside information that are unwilling to expose what they claim to know. I know something but I cannot tell you but it is great but I cannot divulge it. You are pumping the price. Plain and simple. Just keep your supposed findings to yourself.
AO, I have had multiple aliases on a second rate message board. Who cares. If my stocks stink, I change up the name every few years for good luck. So far I am batting zero with this strategy. However, I only use one name for IHUB. T&T and myself are two different people. I have only met one person on this board in person and that is Walter close to seven years ago in Colorado. I have had dinner with Mark,Jim,Scott, Neal on that same weekend. Also met Mark in NYC.
Now I feel better.
My thoughts exactly.
I knew you would bail but that is ok. Just don't start bitching again if we retrace backwards. I will handle that for both of us.
I was on the side with Bloomingdales and Macy's. The other side might get traffic because the Apple Store is always crowded. I used to go to the Grand Luxe cafe but it closed a few years ago.
Truth, were his words taken out of context. Was Mark referring to the failure of the regional banks as his cause for worry about the deal.To be honest, I think the deal would have gone the same way even if there was no short term crisis. He was hoodwinked plain and simple.
I went to 3 big chains for suspenders for my suits(Joseph Banks, Bloomingdales,and Macy's). They were all on the same floor of the mall. Zero selection in all three.Guy in Banks told me everything is now online.I do not know how these stores cover the rent. Crime is also up as well. I would not venture to this mall after dark. Robberies occur in the parking lots.
Time for a robotic dog. I have everything else.
Thanks for the pep talk. One thing I stopped doing is playing the option game with one hand tied behind my back. I learned the hard way in 2022. Only way I reenter the options market is by doing synthetics if the stock explodes. For people not used to that term, it would be to sell my long stock and buy options to keep a long presence . It is taking risk off the table.