Expert
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Possible Cure for leukemia and other cancers is hard story to beat.
I would say shorts won this battle.
Looks like you winning. Which broker had the shares?
$30 would be enough. How much money you want?LOL.
No I doubt that $30 is possible.
Schwab does not have any to short either. Think the shorts will drive it higher.
Etrade is out of shares to short.
SNMP Crashed to where it usually bounces from. We will see.
It is my opinion based on facts and you are welcomed.
Pretty simple. NIHK is a fraud.
NIHK is the fraud I am talking about.
Besides. Ask yourself. Why did he not just state in it like everyone else does.
Not true. Only if they were newly issued.
What does that prove?
How do you know? Anybody can file a form 4.
So you agree this is not a reputable company?
There are reputable companies on the otc but this is NIHK board.
You dont think I know that? That is the point. Does not have to be on open market and unlike Form 4's from reputable companies he does not specify.
'or from another person'
Mr Eric's latest tweets are now talking about what the 'tech division' will do in 2022. Setting it up to move tech acquisition to first quarter of 2022. Really no shame in his game.
'Acquired' does not necessarily mean he bought on open market. Anybody who thinks 'Frank' bought 2.4 million shares on open market on 11/17 after looking at trading that day....... Well believe what you want.
Form 4 does not say it is an open market buy. If fact he does not specify in any of his form 4's if they are open market buys so we do not know how he acquired these shares. I do not believe they are open market buys because it does not show up in the trading. Would not be surprised if this stock is suspended.
IINN Big short low float volume coming in. Spike.
BIOL 8-k out. RS withdrawn.
Well that is just part of his pump. Believe me he has mad similar comments about various opportunities since 2007. Just know what you are dealing with here. Not anything real. Just his latest pump. That tweet helped sell another 28 million so far today.
Interesting trading. OTCN to .0009 He diluted 28 million and moved up.
OTCN so sneeky diluting. If 50 million for today he has give or take 10 million shares now. Shows 1 million ask vs 174 million bid and people not knowing he has set a trap start buying. Keeps reloading.
If enough volume for .0008 does not come in by end of day OTCN will hit .0007 and you might get a fill. Kinda risky because at some point otc will show these new shares hitting and it might drop to .0005-.0006. Looks like since its getting close to end of year and his pump time he is not letting up.
You might get some .0007's filled. Right now I have no orders in. Just watching.
OTCN reloading the box now at .0008. At least 50 million there for buyers. They other day he sold 100 million.
Acquisition- If it happens- will not help stock price long term because of dilution and reverse split. All Mr Eric cares about anyway is liquidity- enough bag holders to buy his dilution shares- This is his piggy bank. As long as pumping on twitter works to keep up liquidity he can keep his money that would be spent on PR's for himself.
Set up on WNBD is terrible compared to some other OTC stocks that have ran big. In fact more dilution about to hit. OTCN has at least 50 million for you right now at .0008.
$25k in cash $4.3 million in debt. Death spiral convertibles that can convert at any time at big discount to market. That is why his focus is on liquidity because price does not matter when you can convert at discount. He just needs to keep it from hitting no bid for now which will not happen in this market.
Do not get me wrong here. I think he at some point will pump a move up here. I just wonder how low it will go and how much of a pop will happen. I mean this is what he does. Has since 2007. just a narrow window to make money here.
He issued 1.2 billion shares so far so there should be some reduction. Only problem for current holders is it will take 4 billion more to cover current debt. That does not include future debt for 'tech' acquisition and being they have no cash he has been issuing 50 million blocks to cover current cost which will not show up till next filing. And billions more would have to be issued for any real acquisition to take place but any real company would require a reverse split. I think he will pump and get a pop up just use it to sell quick if it comes. He usually eases of dilution. Pumps it and then dilutes again.
Be worry of the filing coming out . Will show low revenue with heavy debt.
No matter how you spin it dilution is terrible for current shareholders. No! Dilution is not what the stock business is about. Many good companies are doing the opposite and buying their stock back. Sure some diluters like Mr Eric are worse than others. I mean he has been diluting WNBD since 2007 with no real result for shareholders except more dilution. And sure a company can use stock in a responsible way to finance future business and create value for shareholders but there is a big difference between that and death spiral dilution, reverse split than rinse and repeat that take place with WNDB and other companies lead by CEO's that have no care for shareholders except to us them as their piggy bank.
Late day paint. Big dilution at .0008.
He just tweeted on twitter that he only diluted 1.2 billion shares since November 2020. This is who you are dealing with. 'only' ??
GEVI Crypto mining 8-k just out.
GEVI Crypto mining 8-k just out.
100 million diluted so far today. How much more? Billions more coming. He would not even let it pop this time.