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If it was priced in, we wouldn't have seen the huge accumulation between .10 and .169
Because these plays are so rare you won’t get everyone to hold
Great close, just what one would expect if the deal was done!
We're seeing exactly what happened in May in the days before the LOI was released. The sellers drove it down day in and day out and then nice buys came in to bring it right back up towards the higher end of the trading range.
Last time I did that I left 140K on the table. I'm willing to risk losing it all for that kind of return again.
The big buyers have already bought in the past few weeks (and in May) because no one knew if they would officially finalize on the 15th or earlier as stated in the LOI. That's why we see decreased volume and more volatility as flippers and MM's play around.
Those with balls will be holding and/or adding, those without will be selling before the 15th. It's either going to fly or burn next week, I don't see an in-between as we approach D-Day.
We'll know today, if we have a big green day it will bode well because those who know the deal is done will not want to be shareless over the weekend. Should be an interesting day.
Unless you're working with these specific companies why would you need an NDA?
Ah ok, I didn't see that Gonzalez was a follower when I checked earlier but I see him now. That's a good sign, thanks.
Has anyone confirmed that this Twitter account actually belongs to CLX Health?
No idea, we know there's no dilution so I don't know, but it's not flippers when I see what CDEL is doing. Maybe doog can provide a good answer.
These shares aren't coming from flippers
Who is selling and why? Nice to see them being scooped up but with the deal being finalized next week wouldn't expect to see so many shares being sold.
I don't think these are retail shares, it's too coordinated.
If Sykes and his followers indeed bailed out that would be the best explanation for the volume Wed/Thu.
Another good sign that PASO as we knew it no longer exists.
Even better, those shares are now in strong hands
I believe the deal is done. They could have said August 31st or later and no one would think twice, but they specifically said July 15th because when the LOI was released the deal was 99% done already. These companies are too big and their legal departments too savvy to play around.
Except for the fact that those of us who were saying it looked like dilution weeks ago were continually told by many here it wasn't dilution. So not everybody knew.
Just search CLX Health:
https://icis.corp.delaware.gov/ecorp/entitysearch/NameSearch.aspx
Both states have important benefits for new companies. However, Delaware has a long head start over Nevada in the incorporation race. More than 50 percent of Fortune 500 companies, and over one million business entities, have made Delaware their home.
The domain clxhealth.com was registered on February 9th of this year, the corporation was formed on April 20th in Delaware. I'm glad they filed for a Delaware LLC instead of Nevada.
Exactly, and don't forget about SiriusIQ, these are 2 big players not your typical rinky-dink OTC wannabes. No way they even let PASO release the LOI unless it was a done deal, which everything points to.
Typical MM shakeout day. News is imminent.
NITE and CDEL up to their usual tricks
All of the things the companies said would be done, have been done. If there was a problem the news would have leaked already and we would have seen a big selloff, because rest assured tens of millions of shares were bought by friends, relatives and colleagues before the LOI was released at the end of May and on those 2 huge Friday trading sessions. They knew it was a done deal already and acted accordingly.
What's interesting is they dropped it to .1135 and didn't get hardly any shares. No one with a sizable position has a stop loss in that range which tells you how strong those shareholder hands are.
732k volume just the MM's playing games
Exactly, that huge buying did the talking. And if there was a problem with the deal we would see huge volume on the sell side. It's not there because this is already finalized.
We saw the same thing before the LOI with people selling because they didn't think it would happen. Scared money don't make money!
Just watched a commercial that said this doctor group went from almost no telehealth visits to over 5,000 a day. Wow.
Yeah I don't see a delay, we wouldn't see the strength of this stock and those 2 huge Friday buyfests if this wasn't already a done deal.
I said early in the week (Monday/Tuesday). Not that many people are going to be traveling anyway, but Monday/Tuesday or after the holiday would be best as I mentioned.
The leak already came out 2 weeks ago when we had that huge volume and the price shot up over .16. I expect the closing to be announced early next week or right after the holiday, they won't wait until the 15th.
My plan is to sell half my shares around .50 and hold the rest until next year. At .50 I'll be very happy (as will my wife!).
What's even more impressive is we have these big legitimate corporations forming a joint venture with PASO to market an AI-based product for the healthcare industry, that's leading-edge sh*t. We still don't even know all the players involved with CLX Health but once that info is disclosed it's only going to further legitimize the new company.
Everything points to the deal already being finalized so not having shares or trying to flip at this point is a bad strategy. I wouldn't be suprised to see confirmation early next week so everyone can celebrate over the holiday.
As I predicted, we need another catalyst and new money flowing in to increase the buy pressure and see another big run. The float is in strong hands and there are very few sellers or buyers. We may just tread water until the announcement on or before July 15th.
Thanks buddy we’ve been in a lot of stocks together so you know my philosophy. Let’s see what tomorrow brings I’d love to see that Friday surge again.