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Good Video of How China Handled Coronavirus
Young journalist who went to the infected area in China to see in person how it was being handled.
More substance in 30 minutes than just about any other news story:
Any thoughts on the increase in Authorized?
https://www.sec.gov/Archives/edgar/data/1567771/000149315220001034/form8-k.htm
OT: Not trying to be snarky, nor is this a comment on coronavirus, just pointing out that I think you made a typo in the arithmetic.
One third of US population would be roughly 110 million * .5% would be 550,000
Drink are on KiK. Congrats!
Is that screenshot from a link on the otcmarkets site? If so, could you please pass along the link to that page? Thank you.
Anyone heard from nodummy? He hasn't posted in quite awhile, just wondering if he's ok.
I know, I think it got hit right after I wrote that. lol
PDRX ($3.75) has a big bid at $3.75 so who the heck knows what's going on
Keyboard Shortcut Suggestion
This is actually two suggestions.
1) I'd like to suggest that the letter "I" be a keyboard shortcut to open and close the Intro section of a board.
2) I'd suggest that the word Intro be renamed to Ibox. Reason being, that's what everyone calls it. Been on tons of boards where a newbie to Ihub asks where he can find certain info on this stock, and a poster will respond "it's in the Ibox". This leaves the newbie baffled because there is nothing labeled Ibox on the site.
Thank you.
General IPO Info
Very good interview worth listening to just for general knowledge. Covers direct listings (which are becoming more of a thing) vs. IPOs and just how scammy the IPO process tends to be:
http://investorfieldguide.com/directlisting/
Agreed. Could be tax loss selling and the timing is just a coincidence, but yep the timing is concerning
PDRX Yeah I saw that and nope haven't heard anything and doesn't appear to be anything new at the investor section of the website.
So I have no clue. Could be something bad, or could just be a large position needing to exit from an illiquid stock
YSTR Revoked today.
Tough to know if it was because of incompetence or dishonesty, but the result is the same either way -- it's a goner.
DMTKW - Steeledge, that's interesting becuz that's different from what I was told by the CFO who confirmed the numbers with his Controller. Who at the company gave u that version of things?
YSTR -- The likelihood of it surviving is incredibly small. It basically hasn't happened in the past 10 years. Every stock that gets suspended for delinquent SEC financials eventually has gotten revoked. Every single one.
The DD board had a very good post on this over the weekend:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151410300
DMTKW -- I had the same question about the warrants so I wrote the CFO. He confirmed with his controller and these are the terms.
they are strikable at $23 post split. 7.5 million outstanding. 5 year term from Aug 29, 2019.
YSTR Suspended for delinquent financials:
https://www.sec.gov/litigation/suspensions/2019/34-86953.pdf
SEC really tightening up
Ihub Productivity Tip To Eliminate Scrolling
You can eliminate having to scroll down to see which of your Favorite boards have new messages. There is a way that you can have all of your boards that have new messages pop right to the top of your list:
Settings/"Site Options" Tab/Favorite Boards Sorted By/New Posts
(Hover over the "Value" column of "Favorite Boards Sorted By" and you'll see it's a dropdown menu, then change the Value to "New Posts")
It's also worth changing the "Value" on "Favorite People Sorted By" to "New Posts" as well.
Making these changes allows you to be on your Favorites page and all the boards with new posts will be at the top of the list. Then you can click on the "People" Tab on your Favorites page, and all the posters that you follow who have made new posts will be right at the top of that list as well.
These changes eliminate nearly all scrolling and I find it to be much, much faster.
Form 15 filing could mean that something is close, however it could also just be in response to another Glass shell (RNGC) getting suspended for delinquent SEC filings the other day. These shell promoters have to start realizing that the SEC is tightening up, and you can't just let a company sit there with delinquent SEC filings anymore. Once a shell promoter gets control of a shell, Form 15 should be filed the next day.
TRNX looking similar to UPL
Not As Much PHUN
From $550 to just over $2 in less than 7 months
HICKA changing name to Crawford United tomorrow, new symbol CRAWA
Yeah, I think PHUN and ORGO kind of set the stage for the craziness in spacs this year. And frankly, it feels like the SEC kind of took it personally that those two happened during the govt shutdown. My guess is the SEC is going to halt trading in any spac that goes up more than 100% or so on the first day or two, becuz they know these things are so easily manipulated with so few insiders.
Man, these spacs are crazy. Today, TBRG announces that their warrants will be changed to give a $1.50 cash payment, but worse terms down the road. So in one day, with no notice unless you're the lawyers reading and understanding all the documents, the price jumps 100%. It's definitely an insider's game
OT: Couldn't disagree more with this professor gal. It's typical, centralized thinking. It's like saying the Soviet Union fell because their leaders should have been arranged in groups of three for more efficiency. The real reason was the entire structure was deeply flawed.
There is already a free market movement well under way that is transforming healthcare and it involves eliminating all the nonsense middlemen and needless "insurance" paperwork. Under the current bloated system, doctors spend nearly half their time filling out paperwork and needless codes. The reason there's a doctor shortage is becuz smart people don't want to go into the current system that is filled with bloat and bureaucracy.
The doctor needs to work for, and be paid by, the patient -- with no middlemen.
Dr Keith Smith of the Surgery Center of Oklahoma is one of the pioneers of this movement. Transparent, upfront pricing, disclosed in advance. Call and you can have your surgery done tomorrow by the best surgeons in Oklahoma who love working at his free market facility.
For day to day doctor stuff, Direct Primary Care is the free market solution taking hold. Dr Josh Umbehr is one of the leaders here. Patient pays the doctor, no middlemen, no insurance.
Watch some videos by those two. There are many others. Nearly all these doctors are resigning from medicare and don't take insurance. And it's wayyyy cheaper.
The good guys encourage competition and a free market. The bad guys are the ones who say "the govt needs to implement my one brilliant idea which will solve everything!"
WINR and WINRW now trading
FHAI -- Very good to see that filing
Has there been any further news on when HUNT might start trading again? Seems like awfully long delay.
FHAI -- Lazar really needs to file 15-12g pronto, or FHAI could get revoked the way the SEC has ramped up policing. Have you ever communicated with Lazar? I haven't been able to reach anyone.
PHUNW Even crazier today. Still don't claim to know what's going on here lol
Did the spac guy have a good take on HUNT beforehand? I missed it
And now today it's crashing like crazy. Still have no idea what the heck is going on here lol
PHUNW Unfortunately no, never could understand what the actual deal was. Always seemed way too murky. Some info led me to believe the warrants might have been canceled when the deal was made.
PHUNW Never could figure out what the heck was going on with these warrants, but they are at new highs today
OT: In EtradePro I'm still getting level 2 quotes for all of those you mentioned. Maybe Etrade just changed things on their other platforms?
Reminds me of a headline from The Onion:
"Roadkill Squirrel Remembered As Frantic, Indecisive"
Hey Steeledge, figured I'd respond over on this board to not clog up the savvy board (I'm not a paying member at ihub so can only do private messages on happy hour fridays).
Thx for the site you mentioned, as I had run across it as well. Sounds like you and I have found almost the exact same stuff. Very odd that we're seeing a few of these skyrocket, because I've tracked these SPACS for a long time, as it appears you have as well, and normally they're totally lackluster affairs.
It does appear to have mainly to do with the redemption before the merger, which leaves very few shares in the float, and control in very few hands. Seems like this will be a real outlier occurrence, but who knows, maybe something else has changed.
In doing a little research, one of the things that didn't even occur to me is that the SEC is one of the branches of the govt affected by the shutdown. Frankly, I think the SEC would have halted trading in PHUN and ORGO if they were not shutdown.
PHUNW -- Yeah, that was something that I had come across when I first started looking at this, and that was the part that made me think this was pretty jumbled. Even after reading it again, I still can't figure out what the terms of the warrants are lol
Regarding SPAC mergers, you said, "despite a warrant exchange upcoming for both PHUNW and ORGOW, in addition to changes in # of shares per warrant and exercise price . . ."
Can you please include a link at to where you found that information and specifics regarding what the new deal is? TIA
PHUN now at $85 lol. From $550 to $85 in just a few hours