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Within few weeks for EuA submission, the crisis in India is hindering them in getting the last tidbits of data collection.
Shares are cheaper than the offering, they gotta drop the EUA filing news soon.
Some weird games on L2, double prints going on.
Wow, that’s very intriguing, with SEC watching no one in their right mind would still be pushing if it was fake.
MMS walked it down, slightest volume sends it, so thin.
Overreaction, they need 168 countries to get on board to approve the patent nonsense... EAU can also drop anytime here.
The entire float traded today and then some on great news, CDEL was manipulating all day, hopefully nice chunk fell into strong hands.
Very thin on L2, nice bids rolling in.
The funny thing have not seen any dilutive MMs, just CDEL doing the aggressive short thing.
MM CDEL was aggressively taking it down. Apple news, blockchain, streaming video with a tiny 50 million float...this is great news, shocked market not eating it up.
Looks like some bot flooding twitter with this news... this was a good one back in mmj days.
Still no reply, thought you said they reply quickly.
Almost entire float traded, could get crazy once eaten up.
Sounds like blockchain meeets Netflix. Nice low floater too
Can you share the contact info? Don’t have pacer.
Yeah could be true but would like to verify myself. Unfortunately don’t have the trustee contact info.
Nice accumulation, access gotta be getting close.
Do you have proof Trustee reported them? Can you share the contact info?
ICBu pop today coupled with access “any day” should give it a nice boost.
Anyone that was watching L2 week before suspension knows without a doubt it is a lot more than 25k, they are covering now though. Unfortunate that Adeel didn’t PR what he has been emailing people.
This was being heavily shorted by MMs on Thursday Friday when they got wind of the suspension.
No clue, if he hasn’t put anything yet don’t think he will. Geez back to a penny, ouch.
Who knows? Doesn’t happen often but does happen sometimes. sPZi just came off greys little while ago but no one knows why.
Cant they liquidate the shell to a buyer so they can use the losses, or does it have to go through custodianship. Oh well scam or no scam, looks like nobody can buy or sell so we just wait to see how story unfolds.
If greys is about matching orders, how will they match if they don’t allow buys, sounds contradictory.
Perhaps just a blessing in disguise to buy time for a merger to take place.
I see a tiny 10k trade go through but that’s it, perhaps MM just playing around.
Usually people can buy and sell on greys, never heard of sell only except for that BS Robinhoood pulled on GME (another example of SEC turning a blind eye to criminal behaviour)
Interesting there is no panic sell off as we see quite often when suspensions lifted on greys.
In due time we will find out why this was reinstated followed by huge surge in volume... any news drops on this and it will explode.
Big week, lab results start trickling in.
Back at 15, starting to get some nice media exposure.
Weird no trades? Shouldn’t we be open today?
What happens on 5-10?
Big news out! Fights variants and working with FDA! EUA en route!
Top 3 in dollar volume on otc trading under a penny, something is brewing.
If it is a scam to unload shares then let SEC do their job and nab them. Should be easy to spot who front loaded and track who put out the 8Ks.
The simple fact that the SEC didn’t do crap until the 5th PR and weeks after the 8ks and let retail get trapped, then only jumped in when a short squeeze was about to get triggered makes it look suspect.
If I can scan all PRs before market open, then they should have caught this weeks or months ago when news first started rolling out. But as usual they don’t do shit until retail is in heavy.
I also think this was legit but this guy Adeel may not have been as experienced and made some rookie mistakes.
If this is a scam, I’ll gladly be all for the nabbing the crooks. I can’t stand pathetic people who put out fake PRS. I can list atleast seceral other tickers were fake PRs came out and sEC didn’t do crap. Yet they only step in when MMs are gonna get squeezed.
Where was the SEc last year when fake PRs came out on ARVY, IALS, IHGP, BLPS and BRNE. Month after month some con was putting out fake PRs and they didn’t do a thing and let retail repeatedly get conned by this crap. Yet if MMs were trapped in any of those they would have come to their rescue, yet when retail gets beat up from these con jobs they turn a blind eye.
The MMs have already won half the battle by dropping to greys, and most retail will lose if the company doesn’t put anything out before Monday.
So why not be honest and let many newbies know that there is no shorting allowed in greys so they can lessen the blow by not panic selling at open as short positions will have to be closed.
The MMs will start with a low ball to see if they get any rookies to bite to match their covers, if no panic, they keep inching up. So rather than lie and say no shorts, why not be honest and say yeah there is short MMs that need to cover and can’t short it any further in greys so they will have to finding matching sells. The MMs will be buyers and they will be fishing to get as low as possible. If they go too low, then it’s a buy at open to push them higher.
You are confusing short volume with naked short volume.
https://www.investopedia.com/terms/n/nakedshorting.asp
T-72! They have 72 hours to close and let’s not forget about foreign!
There is 100% naked shorting. MMs were privy to suspension news on Friday and were very very agressive on the naked short. Abusing the loop hole to naked short to create liquidity but as soon as they got wind of suspension they were beyond aggressive on the short side. Anyone watching tape saw it.
Unfortunately retail didnt get the suspension info until Monday. We were all scratching our heads as to why were they being unusually aggressive on the naked short on Thursday and Friday but they get the info before retail and took advantage of it.
No doubt 100% sure they need to cover the naked short positions. If they weren’t shorting so hard we would have closed at .20. Technically it also falls under the T-72 so they were being very aggressive but they will have to cover on Monday and Tuesday which is why they need panic sellers or they will have to chase it up to find matching orders.
Some may wonder why there has been excessive fear mongering, anyone who is new to greys, there is no shorting in greys. Only way they can cover the naked short is from panic sellers. This is why the hired boiler room operations that have been doing all they can to spread fear so people panic sell at open when they manipulate the price low. If they don’t find any panic sellers they keep having to move the price up till they can match their cover with a seller. There is no bid ask just matching orders.
You will see a huge drop and then a slow climb after that if they don’t get enough panic sellers. This is also if we don’t get a PR, any updates from company about the merger proceeding and shorts will be chasing. So far we have not gotten anything but we still have till Monday morning to hopefully get something positive.