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Wasnt that a cross trade? Not a Form T?
Nope, i have a small one on the pile at 13. Going to wait to see if we get a convertible dump on the 7M there. Want about 550k more at a minimum, trying to time it right.
Well spoke too soon. 15s getting filled, going to throw up one at 13. Just going to keep loading down here.
Looking like 16 is as low as the seller is willing to go today. Hoping my bid gets filled today. Looking like we are about done with convertibles.
The 3M chart is a thing of beauty. Mostly on low volume though, might be keeping it off a lot of scanners.
Why do people keep undercutting on the ask? just put up an order and dont dump into the bid. it will get taken eventually. undercutting hurts everyone involved.
I'm saying when the convertibles are complete, we will be near 300M. The rumor I heard was ~175k worth, so that would put us near 300, depending on average price. We've had 40+M T's recently, so we are already at or over 250M.
Yeah, looks like it went cold a few minutes after open. No bid whacking occurring, so you may be right. The OS will be up near 300M now with the convertibles.
Don't know where we stand on convertibles, someone still seems to be selling though. Looks like most will get absorbed here in the teens, will have to see what happens though. I like the bid support, pretty close to bottom if not there already.
Good end to the day, but only 8M is kind of disappointing. Haven't had a chance to look over the data yet, but was really hoping for 10-15M today. We will see what tomorrow brings. If the dump is done, any news will make it fly. Id be willing to bet a good portion of the float is locked up by a few players.
Took a parcel today, got bid whacked in the teens. Waiting to get the 2nd half, want to see T-trades count for today before dumping more into it
No idea. Just heard from a few different places about the debentures and a rough total. We are well over half, unsure of whats left. Depends on what we get for a total today. At the rate they are dumping, early next week we should see a recovery.
if you hold through the last of these convertibles, you will be fine. probably will be red for about a week, then should see a nice SP recovery. Going to start loading if we go any lower.
Good news, I'm almost to my trips. Better news, we are almost through the debentures that have been dumping on us the last few weeks. By my count, shouldn't be more than 20M left.
Well gone all that held today! Kicking myself for selling half my holdings at 12 earlier. My idiotic 50% rule bit me in the ass again.
We are now a few weeks past the expected PRs, with nothing from company or VS. Guess this was all horsepiss like DJ indicated.
$14k sitting on the bid right now. fake support or is someone trying to build a position?
Not with the bid whacking occuring, this will continue to stagnate. Still looking for trips, cant be far off at this point.
Im just under the assumption that the audit will never be completed. Still planning on golding through the EOY, but thats pretty disappointing. So much potential, but management is getting in the way.
The audit will be delayed, anyone expecting it to be completed is going to have a rude awakening. Its clearly not a priority to management or it would have been completed years ago.
Not many people know the name, kudos to you! No form T today, maybe dilution is done?
12M Form T today. Basically, they just bid whacked it all day long. This will be in trips next week.
I hope they do for you all still holding. I made some dough and got out for reasons i stated. Just calling it like i see it, you all can trade how you would like. GLTA, God bless.
Sold out yesterday at the HOD, not getting caught with a bag here. You and I both know the group running this up, I wasn't going to leave my ass hanging in the breeze when the big fish find a new ticker.
L2 is clean because NITE was allowed to get his cover bids filled. Very clearly a group artificially forcing this up, when they decide to take their profits, look out below. It will be sooner rather than later.
Its not that low anymore. Whether its dilution by management or convertibles, the float is no longer that low.
JLP- that was not a T-Trade, think you may be confusing it with a cross trade? The form T's are posted as afterhours trades. 500k yesterday at 1616, 4.4M wednesday at 1601.
No, I meant what was a 28M float.
Wow, thanks for pointing that out! The 500k yesterday makes 5M over the last two. The best thing about this ticker was the SS, the company is seeking to destroy that as well.
500k T-trade today after hours. What youre referring to is not a form t.
Don't forget to thank them for the 5M form T trades in the last two days. They are diluting the absolute f*** out of this, wish I had dumped the rest in the 30s. Had high hopes for ABCE, but thats gone with mgmt's idiocy.
Company is diluting, majorly. They killed any chance this had of running yesterday with the huge form T trades. Buy at your own risk ppl! GLTA
You were right, 4.4M form T today.
With the low float, this could really run. Hoping to see a push to a penny today.
For now, unfortunately. Rough day, but the trend is still upward. We fell that far on low volume, not really worried about one red day. Will be back up to .01+ in no time.
My heart says $1, my brain says .05-.10
Its the same as what was reported in september. see the intro above.
Most recent news has been tuesday or thursday. Little consolidation after the leg up yesterday, should find some support around .01 over the next few days before another leg. Been a pretty consistent pattern that last few months.
Looks like we are through the morning dip. Should see a test of 8s today, possibly even higher.
Im not sure what he is seeing either. Got some more filled at 16 this afternoon, time will tell if it was a good or awful decision.
Heard a 10k is expected this week. Take it with a grain of salt though, you know how rumors go with the OTC. Someone seems to know something though!