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Thanks for info I appreciate it! I meant whats your idea of massive break out. Whats you price target. .02 is only a half of a penny. Thanks again!!
What is your short term and long term price target? Thinking about grabbing some of this. Thanks!!
Another day closer to finding out whether way!! SEC should be ashamed of themselves for taking this long to grant or deny a simple review request. Tax dollars hard at work!!
When do you think that will drop?
People keep mentioning volume and nobody buying. 1st off, buys can only be matched with sells. That's how expert market works. Not to mention most people that own arent selling. Cant really flip, and most brokers dont allow trading this ticker. So theres your volume explanation. This moves on low volume. Cant imagine when it uplists and 300 million need to cover. Wow!! Gonna be serious fireworks!! Tick tock!!
Wrong! It was pumped to .0087 actually because it won its case against the SEC. 1st in history. The only reason it has dropped back some is due to the petition for review. If that is thrown out then this blasts off. Also a quick reminder, prior to initial decision this was in trips. Many still up a few 100%.
As far as being a scam. That is quite laughable. After being under the scrutiny if the court and judge for over 2 years. That alone makes such a statement ridiculous!! Unless of course judges dont know as much about the case as others.
I agree. Soon to me is more like months or weeks. I think shortly or momentarily would be more appropriate. Things are coming to a head very shortly. Either way a decision needs to be made.
Pink on the horizon!!
DBMM has won NOTHING. The only decision that matters is the FINAL decision! Winning the initial decision is WINNING SOMETHINGand a huge step to Final decision.
If the Initial decision had been worth merit, it would’ve been followed up by a Final Decision 30 days later. There's been no final decision because the INITIAL decision was STOPPED DEAD IN ITS TRACKS by the SEC’s Petition for Review.Petition for review is standard practice, and considered procedural at best. Has zero to do with merit of case. Period!!!
Since Petition for Reviews are “virtually always” granted (that’s DIRECTLY from the SEC), this motion for summary affirmation of the initial decision filed by Fritz is "virtually certain" to be DENIED. [color=red] something else the "virtually always happens is companies"virtually always" losecthese cases. Funny thing is, DBMM was ""LITTERLY"the first to ever win this type of case. As in EVER!!
The time frame stated as the normal time frame taken (to render a final decision) after a Petition for Review is filed and granted (see SEC General Rule 900 (a)(1)(iii)) is 7 to 11 MONTHS! That is assuming the petition is granted. Which it very well may not be. In fact if denied or if summary of affirmation is awarded, its game over instantly
Since it's ALREADY been TWO MONTHS since the Petition for Review was filed (Dec 3rd, 2019), it could be at least 5-9 more months before a final decision is seen. if petition denied, could be fee hours
It could very well be that we don’t see a final decision until this coming November 3rd. could be today!!
After reading your post. To me it reads that a decision (fina decision) could be within 7-11 months of petition. It does NOT say it will take 7-11 to grant or deny the review. So both can be right. Think 2 complelty different things are being argued here. Also, the chosen passages posted dont include or reference the potential of a summary of affirmation being awarded. Which I'm betting on. Funny the SEC hasnt even updated there site to include motion for summary of affirmation. Which took place 2 months ago.
https://www.sec.gov/litigation/apdocuments/ap-3-17990.xml
Also keep in mind days are calculated by business days not calendar days. Take out the weekends and holiday season and then how many days has it been?
But but it was getting revoked, but but it's going to trips, but it's a scam, but it's the only stock in history that isnt shorted. But but.
Monster run coming soon!!!
Actually the chart is irrelevant!! This will be explosive move in either direction based on decision. Until then .002-.0025. 100% based on decision. Period. Chart is useless here!!
Apparently DBMM is the first stock in the history of the market that wasnt shorted. Quite historical!! And when people ask "why wouldnt they cover since 2.5 years?" Very simple answer. Just like then they still believe this isn't coming back. I'm sure they are silently hedging their bets now with some shares. But its the same reason people hold long. They think its going to be uplisted. So again, shorts still stand by their positing this is getting revoked. It's not rocket science here people!
Another function of shorting is MMs short stock by selling borrowed shares to maintain liquidity and a market. This could be MM holding the bag. Just a thought. And maybe that's why it's been manipulated down as low as .001 they could be buying shares cheap to offset the massive short covering. Basically hedging their position.
Everyone keeps asking for links here. There are no links to common sense. Massive volume days prior to suspension, with major inside knowledge. People thought it would die and never return. Well they were wrong. It baffles me that people believe this stock wasnt shorted. That would be first in history. Btw there is no failure to deliver when a stock goes to its grave.
Paint jobs work both ways. Not to mention other day it painted down to .001 or .0016 on very few shares. This stock has hovered at .002-.0024 for weeks. Doesnt matter where it closes. Its stuck in mud till uplist and pops to .25-.40.
Heres hoping they make a decision on the petition and or the motion for affirmation.
Interesting read! Especially paragraph 5 where it talks about SEC being afraid to enforce SHO and FTD in fear it would bring down major firms. Interesting!! Also read somewhere that firms sometimes extend FTD out as far as 30 days. No opinion just interesting read that makes one think.
https://www.sec.gov/rules/other/265-23/gkell100405.htm
FYI as I have posted here many times. DBMM shorts never had to deliver. The stock was suspended the day delivery was due. Hence no FTD could take place. Dont have to deliver shares of a position that stopped trading and they thought they'd never have to cover.
Look forward to uplist and 400 million shorts covering. Could easily pop to $1+. 5 million holding strong
Beating the SEC and Samantha at their own game was plenty of bite. And more to come! Pennyland here we come!!! Love Pink is being conservative. Short squeeze sends thos over $1 easy!!
Actually not twisting it one bit! You stating it says they lost in the petition is 100% twisting it. And twisting words. Please screenshot and underline where it says they lost!! Thanks! This will be multi pennies soon!! Best of luck!
When cases are dismissed, that 100% is not a loss. Regardless of evidence and findings. If there is no punishment and case dismissed, that's a win. Period!!
Let's go to .50 - $1 already!! These folks have done everything to right their wrong and obviously are serious about getting and staying on track!!
So it's the first stock in history that wasnt shorted. Very interesting observation!! And I'll assume you believe the 900,000,000 in volume in the days leading up to suspension were all buys/longs that's what shot the price up. Oh wait the price tanked. Hmmmm. And when it was suspended the make believe shorts just vanished I guess. Luckily the make believe shorts never had to deliver because those shares were due the day it was suspended. How ironic and convenient. 300M long minimum my man!!
Speaking of paint jobs that's how it hit .0017 yesterday. Give me a break! When this hits .40 I will be retiring!! Daaabooomm
Even better, have funds clearing tomorrow to add here. Would get many more shares at lower price. Although my avg right now is .0043
Doubt .06 but .02-.03 very possible. Hope your right though
The "fail to deliver date" was the same day that it was suspended btw. Shorts have to report twice a month and have 3 days to deliver. It's always on the 1st and 15th of each month. The massive volume happened the second week of may 2017. So those shorts would have to report on 15th and had till the 17th at 6 pm to deliver shares. Which happened to be day it stopped trading. Here is example schedule from finra notice the dates to settle and then due date usually 3 days after. Not saying its 100% but very possible there were shorts and many that never had to deliver on 17th
https://www.finra.org/filing-reporting/short-interest
Scams dont win court cases in which they were placed under a magnifying glass!! Period! It baffles me that people still post anything referring to this being a scam! Case Dismissed!! Mic drop!
Only thing anyone needs to read is "DISMISSED". Nothing else matters. Waste of time and energy. The only reason we are still having this conversation is because Samantha's last ditch effort by filing review. Most likely will be denied! Then we resume trading followed quickly by uplist.
Agree! Although disappointing, good for adding!!
Disappointing way to end the week! Hope we move north again next week
Dismissed is a win! Period! Cases are either won or lost. There's no in between. So it doesnt mater if they found them guilty with filings. The fact they got current made judge feel punishment wasnt necessary. So in court if your case is dismissed it's a win. All the other nonsense being posted here is irrelevant. They are still trading and case DISMISSED!!
Let's push through .02!!
Dont know much about him, but seems as though hes made a large chunk of his fortune on penny stocks.
Calm before the storm!! Petition denial soon! Then off to races!!
.02 came way faster than I anticipated!!wow
Looks like TVCE is starting 2020 in the right direction. Let's break .02
What was the actual closing price? Ihub says .0101 and etrade says .0125
Hope to hear about the petition either this week or next at the latest. Shouldn't take more than a month to deny or grant a petition. Let's get this show on the road already!! Go DBMM