Call IR for truthful information
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Are you referring to the reverse split that was disclosed in the 10k on the website? Where are they required to give us a date for that?
I am aware of this. When a pps of $45.00 gets thrown around or others come in with this is going back to trips, you have to try and find the middle road, calm your mind and trade in a zone... bro
Feel free to think and post as you wish.
All the rampant speculation around here. I spoke to John at IR and he said to just look for news updates on their website. The email that was received sounds similar to what I was told. The properties are still moving forward, not cancelled or they would post it on the website.
Focus on either gathering shares or going elsewhere. Everything else is pretty much filler...
I mean, speculate, flip it over, turn it around, paint it whatever color you want...
The words, still moving forward and will be announced as soon as finalized. What do they mean to you?
It says to me that the deals are not off the table and they will announce them as soon as they are complete or something like that...
My thoughts regarding news coming. I posted last night two responses I received from a couple of people in my other stock that did a RS. The stock can be traded but calling your broker to sell is an extra step and anything involved with that. I remember someone saying that by selling you would technically be shorting the stock while in limbo, not so sure about that. Buying online was no problem.
I do not think that this company wants to release news that would cause increased or decreased pps while the stock is in this limbo. My broker said the medican transfer agent did not come with the new shares yet. These are my thoughts and also things said from my broker that are true.
Here is my thinking on all of this. At first I thought, ok they are buying a branding company,makes sense but it would make sense to have product to brand so they are doing things somewhat out of order until someone pointed out that it is a letter of intent. Now this makes more sense to me as aquisitions happen, share price climbs, they seal the deal on the branding with increased pps shares and product starts rolling out the door or something to that effect.
Regarding the L2, if you were a market maker and you had control of the price, what would you do right now? Branding deal not complete, aquisitions not complete. Would you buy several million shares at .06? at .04? at .03?
If I were a MM, I'd short it to a discount, cover low, accumulate and ride the rocket.
Edit: Aquisition out of nowhere... who saw this coming? Gee, wonder what they needed the reverse split for? This will work to charge up the trading day.
I know what would go perfect with this news. If they came up with a place to grow the product and sell it too...
Things just got real interesting around here...
Where did you get Thursday as the closing? Disregard, I saw your post.
No problem, glad to help.
When can shares be traded for MDCND
Two responses that I just received from my people involved with another stock that recently did a reverse split.
I asked how long before we could trade our shares. I received these replies
1.They were able to be traded the entire time. You just had to call your broker to sell. Buying was able to be done at any time online.
2.You could call in for a manual trade the same day. It took about three trading days for scottrade to allow internet trades post split. Others were a day before a day later but about 3-4 biz days in general.
Thanks Northpeak
thanks Mooon
Question for the longs
When we had our reverse split, how long did it take for the shares to be tradable again? Thanks in advance
I have to ask over there. I will let you and everyone know here.
When does the D come off answered
The D comes off 20 days after the reverse split occured.
Example:
February 24, 2015 18:23 ET
S****3D Completes Reverse Stock Split
As of the market open tomorrow, the Company's shares will trade under the symbol "S**DD," with a "D" added for 20 trading days to signify that the reverse stock split has occurred. A new CUSIP number (83**7A**9) has been assigned to the Company's common stock as a result of the reverse split.
On February 24th, my other stock (see the solar stock visited in my profile) performed a 26 to 1 reverse split. On March 4th, we uplisted to the Nasdaq. This is not what I am pointing out here. We were made aware that the street was basically going to short it to around 2.60. Look at the daily chart and notice the pop where shares were locked up from the 6.50 to the 8.88 range. Remember,we hit the Nasdaq march 4th. Go look at where it reversed on March 21 There was a massive short campaign and dilution happening like there appears to be occurring here.
People who aren't smart enough to know that the ticker is MDCND?
A startup company selling shares back into the market? Diluting! No, you said that dirty word! They will do it for money? Stop this madness ;)
Of course they will do it. No product yet. Let'$ take our seats by the window so we can watch things get smaller...
Good DD kizzl3r, Don't forget to add Croakers shares in there too, lol.
Everyone should go look at the beautiful long legged doji on the weekly chart. For those who aren't quite sure what that might signify,
Investopedia provides this:
Long-legged doji candles are deemed to be the most significant when they occur during a strong uptrend or downtrend. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a shift in the direction of the trend may be coming.
Oh I remember when you were buying on that dip. Like a Boss
I want to be able to come here with news and tell you that you are fully retired first.
You Sir are a really strong hand.
Just fyi, people like my street post on the MOMO board. Hey Jim, I'm getting some money over here, let's do this.
That is from 2014
Oh no doubt. The smart money will see the volume error and everyone else will be chasing and jumping in. I cancelled a 5.79 sell order today leaving it wide open to run run run...
That might be possible. Think about that flash bid today.
fxsho2008 Thursday, 04/23/15 02:33:13 PM
Re: None
Post # of 19219
How did CDEL's bid of 1.7MM shares at .0001 flash to the top of the bid stack and ultimately at the same time coincidently push this down 20%????? Can someone please tell me how that is not criminal??
They could be getting the funds there and also how VFIN seemed to be diluting today. All the MMs may be accumulating and putting the money together for the purchase. Who knows? This guy knows...
The man behind the curtain
I thought we might be able to get the post count back up in that range or better tonight.
Momos Breakout Board
PaperSherpa Thursday, 04/23/15 07:31:46 PM
Re: None
Post # of 1530365
Sltd The Street likes it today
http://stks.co/f2B9W
Sltd The Street likes it today
http://stks.co/f2B9W
Hey everyone havent been posting over here much, yea my friend asked me what was up with SLTD. I sent him the yahoo article but then he told me about todays street article. Im still long and I do think that other SA article was written because the bears sensed or caught wind of the bullish momentum on the way. The only way to slow a fully loaded freight train is to try and derail it. They tried. Uh nope. Good things ahead imo
How about Not making KEN WILLIAMS EMAIL in bold as your message title?
I'm on my phone and I saw that and.started.scrambling, thought something big happened damn phone screwed up
Thanks
Yes, you correct in your thinking. That is what happened with my other current stock, $ltd. Go talk to them about it. Look at the chart. Thats what happened when we uplisted. Someone at a brokerage house told one of the guys there that everyone was short the stock upon uplisting and that they would cover around 2.60. Believe what you will here but we got that info before we uplisted. Go look at the chart.
Does anyone else find it odd that MDCND moved 150% back up yesterday after a reverse split and not one article came out about it? Nothing.
Question everything, It will do you good.
Edit: Good morning everybody, MDCND woof woof
Here is the pole sitter on the BID/ASK
Bid DLNY 0.07 10000 08:48
ASCM 0.065 10000 08:06
CSTI 0.06 10000 08:30
Ask DLNY 0.075 10000 04/22
ASCM 0.075 10000 08:06
NITE 0.08 10000 04/22
CSTI 0.08 10000 08:30
http://www.stockattorneys.com/finra-sanctions-delaney-equity-group-llc.html
Here is second dog
http://www.brokeandbroker.com/2317/finra-arbitration-punitive-damages/
Third dog on the bid looks of better pedigree to me
http://omnifeed.com/article/www.theglobeandmail.com/report-on-business/streetwise/canaccord-clears-air-on-amaya-probe/article22082680/
Oh lol,this is all just harmless fun searching google real quick to see who is interested in MDCND this morning.
I know some people like to post little factoids on the company or comment on the guy at IR etc. etc.
I'm just a little guy trying to make a buck here. FACT
My new MDCND shares arent even at tradeking yet. I called, he said we could work something out if I wanted to sell. Fact
He said I would have to call to do it. I have not sold any.
Is this trading on technicals or news? We just went up 150% and don't tell me the MMs are resetting the price after the split.
Lets start digging
CDEL thinks so
So am I right to say VFIN is unloading on the ask since they are a known short?
Someone has a lot on their mind today and they are calculating their average, calling their broker and yep dumb me, multiply by 10 lol. Who cares?
Ooh, get em Nadia!!!! Get the churners
Edit, darn phone I'm screwing my math up. What is the presplit price at. 06? Thanks phone is acting up
Got it, thx Beer
I called tradeking. They dont have my shares yet but I can call them back if I want to trade and they can work something out, he said technically I'm am long 100k. I said ok, I hope this helps all of you.
I post facts.
Whoa there! I thought you were out? You're back now...
Edit Darklp,your MDCN shares are no more. When you get the new shares, they will be displayed. Call your broker and ask. Tradeking does not have mine yet either