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Should really just put this on the calendar when they have earnings because it swings a decent amount.
Company still rebuying shares during the pandemic.
Nice.
You can see that float isn't that big here.
The issue is a lack of a cohesive story.
Doesn't help when a flipper has sold out and is talking a stock down.
It still could get interesting with a couple of elements.
Worried about that the drunk guy as he isn't crying wolf.
Must have already got back in.
Interesting action.
Still no clear narrative being told as of now.
What do you make of the trading, just a one day move or preparation for something bigger?
Most of the transactions were at 12s and lower?
It was just some weird pump ....
Not even clear why it moved.
Seems like the lights were turned on but no one was home.
Effective way to unload shares?
200 Million in volume and nothing being said besides some guy saying he is short from triple 3s.
Not even a story attempt going on.
Maybe that means it is good?
(Sarcastic)
Such a weird board in which those who have been here are talking in some sort of cryptic language.
LOL.
This company claims to be making $20 Million a year?
If you want decent prices, you got to get some sort of narrative so new people can see something ....
The one that has not posted since the 18th.
Mod jumped off the plane after prepping the rest for lift off.
Always fun times when the crew disappears and everyone else is running around.
The volume bar even popped up just after their farewell - where they tell you everything will be fine.
I guess that's one way to exit.
As per basic disclosure statement filed it is 1,708,562,904
The poor formatting of the Idaho SOS filing system suggested it.
The fact that no one else mentioned makes me feel they had the same thoughts but may have been hoping to sell shares.
Why do you think someone sold shares at the close?
Seems more like someone expected more of a hit from the earnings ... so they simply made a bigger splash themselves.
Now the filing opens for me:
They are going to have 99 Million Preferred shares.
Doesn't mention a change in the common shares.
I guess they can issue these shares and then do a split with the votes they have.
Pretty hard to see what they will do without that split.
SOS shows old A/S as 10.1 billion and new A/S as 99 million.
A decrease of that much doesn't seem like a positive. It seems like a split.
Good Luck to all.
So this run lasted a day and is done now?
Quite the pulldown premarket.
Took a nibble at $0.77 thinking it might drop a little more, but seems to be that shorts and some buyers are coming in.
Will be interesting if support and shorts push this above $0.90
Price and Volume are telling me that old holders bailed out.
Which means you are dealing with others who bought this low and not really someone who has a far higher cost basis.
Not sure if you are just out here, but the story of some deadline to be holding shares is developing.
Getting savage as they want people to hold for some event.
I don't even know where they are coming up with September 18 other than it is in 5 trading days and hopefully people will hold that long as they exit.
Thanks for providing helpful information on this board.
I am pretty sure that you are correct.
It's easy to think what you own will go higher and some people here do encourage those to hold while they are not.
Doesn't mean much when they will just reload the ask.
Looks like the Touts have disappeared as another seller popped up and they bailed out together.
Buy 1s and start off buying 2s to get eyes on it .... when another obviously big seller shows up, bail at 2 and still make a profit.
Yeah, but could they make 50-100% in a move on the others in the same day?
They may have bailed when other sellers came out in force.
Buy at 1s over last month and some 2s today to set up the frenzy... bail at 2s when some big seller shows up.
They still make a good profit.
Shook or company went current to pay wages?
Liking this pullback to $1.70 from $2.09
I mean that's what the letter says .... maybe you accept $10 now instead of $0.01 in the future?
It says that debt has been forgiven, good sign?
Thursday before Holiday weekend ....
Perhaps just prepping for news next week?
Honestly, I am surprised that it wasn't raided before.
From $3 to $10 in 2 weeks .... is pretty impressive.
It hasn't really happened before here.
It's an odd occurrence at this point because I believe that a lot of dilution has already happened.
That is to say a raid would have worked before the run up, but it never really happened before.
I have some reservations about the news and the stock .... that's the nature of OTC stocks.
All the best if you are holding on while all this is going on.
The whole point of a raid is to exit the short position.
It's not to add on to it.
The purpose of a raid is to cover the position.
So yes, they are going to sleep well.
The part about $0.48 really needs to be corrected and is an error left in from a different conversion price before the reverse split.
This is repeating, but with more links, hopefully you can see?
Here is the recent Prospectus on iHub (from when they issued shares recently):
https://ih.advfn.com/stock-market/NASDAQ/sintx-technologies-SINT/stock-news/82723577/prospectus-filed-pursuant-to-rule-424b5-424b5
What are the details you have regarding these warrants?
Does it take 1 or 30 warrants for 1 share? What is the conversion price?
The issue is that even these base details are not clear to many - including me.
On stocktwits, someone says that you need 30 warrants to get 1 share, I guess that is more in line if the stock did a reverse split, but the warrants did not.
Still see the $0.48 price though in the recent prospectus.
If the $0.48 is true and you need 30 shares ....
If the stock price is $2.00, than the warrants should be valued at $0.05 each
If the stock is $3.00, than the warrants should be valued at $0.084
Not sure on why the warrants wouldn't have been consolidated as well - that's what happens with options ....
Because what's the point of the warrants being repriced to lower if you need even more of them in order to exercise?
You get one benefit on one side, but on the other hand, you lose out.