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The lag in the conversion only effects selling. You can buy all you want in the meantime :)
The important thing is you have shares :)
Yea, I figured as much :)
Just pointing out the effects of a short squeeze. Yes, different scenarios, but even in a worthless company like DCIX, a short squeeze can have a major impact, even if only temporary.
My account still hasn't updated, but I think I'm up about $3K so far with today's action.
Look at what happened to DCIX this past week. It's insane. If that happens here, we could see this hit $20+ next week on the squeeze before it comes back down to reality.
OMG is this going to stop? I wonder if there is a short squeeze happening because of the RS? I saw the day before the announced RS, 40% volume was shorted.
If they didn't cover, we could be seeing the squeeze now. This is exciting!
Whoa, that's big money.
IMO, MJ stocks are dangerous because once there is a national, legal business model, big tobacco companies will take over that business and drown out the little guys.
Lithium is the next oil boom. We're in the right investment here.
All IMO
The surge this is showing post RS is unprecedented. This thing is a freight train!
I have a feeling this is just getting warmed up. What a stock!
Only time will tell with established support levels. Usually, when there are huge gaps, they tend to want to close. So wouldn't be a surprise if it bounces off the gap at $21. Not always though. So basically, who knows? LOL
Next week! LOL
Cool. I anticipated anywhere from 3-5 business days.
FYI,
My Etrade account still not updated. They're usually pretty slow with this stuff.
That would be a dream come true. Getting into this at the ground level could prove to be one of my best investments ever.
Wouldn’t be surprised if this bounces off $21 to close the gap before it starts another run. IMO
These things take about a week or so. Only a problem if you have to sell. You can buy the new shares no problem if you want.
Nor mine in etrade. Shouldn’t be much longer
Short volume for LACDF is 40%!
If this stays as is, the short squeeze after the RS will be insane. Look at what’s happening with DCIX.
This is the short info for LACDF
Date Close High Low Volume Short Volume % of Vol Shorted
Nov 03 NA NA NA 1,394,652 593,078 42.53
Nov 02 NA NA NA 491,229 142,747 29.06
Nov 01 NA NA NA 578,441 139,851 24.18
Oct 31 NA NA NA 466,851 148,145 31.73
Oct 30 NA NA NA 747,664 158,457 21.19
Oct 27 NA NA NA 440,339 166,028 37.70
Oct 26 NA NA NA 751,081 279,581 37.22
Oct 25 NA NA NA 1,044,136 380,296 36.42
Oct 24 NA NA NA 2,003,588 740,320 36.95
Oct 23 NA NA NA 1,604,920 747,087 46.55
Oct 20 NA NA NA 718,879 350,291 48.73
Oct 19 NA NA NA 1,575,214 252,630 16.04
Oct 18 NA NA NA 723,566 135,449 18.72
Oct 17 NA NA NA 367,887 75,205 20.44
Oct 16 NA NA NA 385,233 202,237 52.50
Oct 13 NA NA NA 361,375 79,290 21.94
Oct 12 NA NA NA 484,971 117,420 24.21
Oct 11 NA NA NA 494,079 117,630 23.81
Oct 10 NA NA NA 429,064 159,385 37.15
Oct 09 NA NA NA 427,661 238,138 55.68
Nobody expects an actual response, but if enough people submit their concerns over this, it could get attention.
"You miss 100% of the shots you don't take."
- Michael Jordan
Why not?
Link to Trump survey. Demand they release the twins/stop the sweep:
https://action.donaldjtrump.com/list-of-americas-demands/?utm_medium=email&utm_source=ET_135&utm_campaign=20171104_2302_list-of-demands_donaldjtrump_jfc&utm_content=gop_surveys_text_take_top_other_all
Also, most institutional investors have charters which dictate they can only buy stocks above $4. This will meet that requirement so big money can step in. Could hit $15+ after the RS if the fund managers start buying. Then we could see a forward split and maybe even a dividend somewhere down the road.
It is an RS, but for good motives. Not a RS, dilute, RS situation you normally see with penny stocks. I’m not crazy about the RS, but this could be one of those rare instances where it actually benefits shareholders.
Is it next week or soon? I lost track.
I contacted IR asking if they plan on raising the dividend. They said that will be determined at the next shareholders meeting.
There are several other investigations as well. They are going to go out of business to avoid the payouts. IMO
he Klein Law Firm Reminds Investors of Commencement of an Investigation Concerning Possible Violations of Federal Securities Laws by Diana Containerships Inc.Font size: A | A | A
3:15 PM ET 10/31/17 | BusinessWire
RELATED QUOTES
3:47 PM ET 10/31/17
Symbol Last % Chg
DCIX
0.32 -28.67%
Quotes delayed at least 15 minutes
NEW YORK--(BUSINESS WIRE)--October 31, 2017--
The Klein Law Firm announces the commencement of an investigation of Diana Containerships Inc. (NASDAQ:DCIX) concerning possible violations of federal securities laws. The investigation concerns whether certain insiders engaged in a scheme to manipulate the market price of Diana Containerships for their own benefit.
If you suffered a loss in Diana Containerships and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/DCIX-Info-Request-Form-215.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171031006038/en/
CONTACT: The Klein Law Firm
Joseph Klein, Esq., 212-616-4899
Fax: 347-558-9665
www.kleinstocklaw.com
SOURCE: Th
Diana Containerships Inc. (DCIX)
Lifshitz & Miller announces an investigation on behalf of DCIX investors concerning whether DCIX's CEO and Chairman, Symeon Palio, caused DCIX to engage in a series of manipulative share issuance/sales transactions with Kalani Investments Limited.
If you are a DCIX investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at info@jlclasslaw.com.
SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by the Board of Directors of Diana Containerships Inc.Font size: A | A | A
1:35 AM ET 10/26/17 | BusinessWire
RELATED QUOTES
3:43 PM ET 10/31/17
Symbol Last % Chg
DCIX
0.33 -26.73%
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NEW YORK--(BUSINESS WIRE)--October 26, 2017--
The Law Offices of Vincent Wong notifies investors of an investigation concerning whether Diana Containerships Inc. ("Diana Containerships") (NASDAQ:DCIX) violated federal securities laws.
Click here to learn about the case: http://docs.wongesq.com/DCIX-Info-Request-Form-1718. There is no cost or obligation to you.
The investigation concerns whether certain insiders engaged in a scheme to manipulate the market price of Diana Containerships for their own benefit.
To learn more about the investigation of Diana Containerships contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/DCIX-Info-Request-Form-1718.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171025006436/en/
CONTACT: Vincent Wong, Esq.
Tel. 212-425-1140
Fax. 866-699-3880
vw@wongesq.com
That's correct. Hopefully, once released, they will take the illegal nature of the NWS into account, and declare the bailout paid in full. Anything less would be tyranny.
HAHAHAHAHA!!!
You mean that's not part of generally accepted accounting practices??? Whodathunk it?
Enormous gap from yesterday's open might need to get filled soon. Wouldn't be surprised with a bounce off Wed's close.
Nothing whatsoever although some people make a connection with the assumption Treasury won’t need GSE money with a passed budget.
It’s a far reach.
No clue as to the high but pre mkt looking good
Should blow past that with this news!
https://seekingalpha.com/pr/16980418-stmicroelectronics-reports-2017-third-quarter-nine-months-financial-results
$10 will net me about $90,000. I’m good with that. :)
Well, I suppose profit taking had to step in eventually. Was overbought.