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What the heck are those 5 small trades at 7's
I am right there with you. Couldn't have said it better myself.
I threw 1.5 at it today. We are not going to get any 6s in my estimation. I have been happy hitting the 7's several times this week as I free up cash.
Well. That didn't do any good. The shares just keep coming.
Hit it for 1.5
It is free on the app. I have Pro from a desktop that will show it. When I googled it I couldn't find out where to see. Just thought someone on here may know.
Non BMIX question. Does anyone know how to see specific trades on the Etrade app. I can see L2, but I cannot see the buys and sells like I can on ihub. Thanks.
Flippers? Whose flipping? Barely any shares traded at the 52 week low of 6. That's what I find odd. Some guy says convertible notes. I have no idea how those work so I can't comment on that.
Where are all these 7 shares coming from. Something isn't adding up.
Prediction. Big news after the bell!
Only thing I know is hit the ask.
Jinxed it. 6s hit. What volume was traded at 6. Can anyone see yet?
I hit the ask at 7. I'm hoping we don't see sixes come up.
All those 500k blocks at .007 were odd
How many shares do you own? I've seen this done before and it always is interesting. For anyone interested in sharing, let us know roughly how many shares you have. It's interesting to see how much we hold as a group compared to what's trading and outstanding. As I stated before. I have 7,000,000.
Couple things bugging me and maybe someone more familiar can fill me in. And yes I hold 7 million shares. I'm not trying to trash talk.
1. The CEO holds 72 million shares. At .001 THATS only $72k. I own about 10% of that. Doesn't 72 million not seem like a lot since I know people on here own 25 million plus shares as an investor. I just don't think that is much skin in the game for a man in his position.
2. He acquired the last group of shares through an entity transfer. What the heck does that mean? I don't know why everyone was so happy he acquired more shares if they were free to him. It's not like he invested his own money in showing that he truly believes in the company.
Thanks to anyone who responds. This has been bugging me for a few days.
It means we're still screwed. We won't get any of our money back. But tats what we get for playing penny stocks. Risk vs Reward. This time we just lost.
By Tom Corrigan Baxano Surgical Inc. (BAXSQ) won bankruptcy-court permission to begin soliciting votes from its creditors on a chapter 11 plan that divvies up the proceeds from the sale of its surgical product lines. Judge Christopher Sontchi of the U.S. Bankruptcy Court in Wilmington, Del., signed off on the company's voting materials Wednesday as well as a timetable under which the liquidation plan could gain final approval before the end of July. Judge Sontchi set a July 10 deadline for creditors to cast their ballots and scheduled a July 24 hearing to decide whether or not to confirm the plan. Even if the plan gains widespread support from creditors, it must still receive the judge's blessing before taking effect. Judge Sontchi has already approved the sale of Baxano's primary surgical instrument business to ExWorks Capital Fund I LP for $5.5 million. ExWorks said it intends to resell the Baxano assets, including the iO Flex surgical products line, to Georgia-based Amendia Inc., according to court papers. The judge also approved the sale of Baxano's three other product lines for more than $2 million, bringing total revenue from the sales to about $7.8 million. About $7 million of those proceeds have been used to pay down existing debt owed to Baxano 's senior lender, an affiliate of Hercules Technology. Under the proposed liquidation plan, recovery for unsecured creditors, owed more than $19 million, will depend entirely on the outcome of future litigation, court papers show. Baxano filed for chapter 11 protection last November. The company, based in Raleigh, N.C., designed and marketed minimally invasive surgical products used in the treatment of degenerative spine conditions. Baxano settled a federal investigation in 2013, agreeing to pay the U.S. Department of Health and Human Services $6 million. The company didn't admit to any wrongdoing. In a statement announcing the settlement, the U.S. Department of Justice alleged that Baxano had knowingly advised health-care providers to submit false reimbursement claims to Medicare and other health-care programs for spine surgeries using the company's system. Write to Tom Corrigan at tom.corrigan@wsj.com (Dow Jones Daily Bankruptcy Review covers news about distressed companies and those under bankruptcy protection. Go to http://dbr.dowjones.com) Subscribe to WSJ: http://online.wsj.com?mod=djnwires (END) Dow Jones Newswires June 04, 2015 12:29 ET (16:29 GMT) Copyright (c) 2015 Dow
Just added another 2 mil to my position. Waiting for the payoff that I know is coming.
The ask is at 2. It's a Christmas miracle
I am sorry. But what was your question? I missed it.
I'm so glad I kept loading this stock at these levels. Can't wait to see my investment sky rocket on the good news. I should be sitting on an extra $25k if things go as I think they will.
What the hell happened here today. Who bought 40 million shares. Finally some decent activity.
Here we go. 18s are up
I agree. I loaded a bunch on Friday at .001. I am pretty confident it's the bottom and we will see a nice spike in the next 1-2 weeks.
Very useful and educational post. Thank you.
Blew through my target. Damnit.
Messed this one up.
I saw that right as it started spiking. I sold because I was at break even and couldn't monitor it. It'll prob run for a day or two to where I initially wanted to sell. I hate when that happens. Best of luck.
My investment in this stock is down 75% in a matter of weeks. I watch it go lower and lower every day. I am calling Bullshit on the news worthy news.
Why don't you elaborate on why this was a nice day for this stock?
A news release that starts off with a spelling error in the first sentence is always a bad sign. I wish I had unloaded this crappy stock when it first started its descent.
I'm out. Maybe come back in later. Good luck all.
Damnit
Green Close Today. WOOHOO. 21mil Bid Support. This baby is ready to run. About to make some serious coin (slightly sarcastic, highly optimistic). Team HBRM
Are we going back down? Or is this a lull?
You are 100% correct
Apparently you didn't read my comments.
That doesn't even make any sense. It was trading there all day. Why would it spike in the am with that close. HOD was 01
And etrade showed the close at .0079 after hours
What are we at now? I am up. Many you people that can't pick a good entry are very defensive.