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SSR triggered. Still won't help.
I think this goose is cooked. After the rs, more dilution on the way.
So they have till Oct 15 to have the share price trading at $1 for 10 consecutive days. They better have something good up their sleeve!
And here's clay
I wonder if Dr. Frost will be divesting his position here.
Check out stocktwits thread. They've been talking about what happened with OPK and the SEC lawsuit. And NVCN got rid of the guy responsible for toxic financing and patent infringement. Hopefully we see a reversal soon.
I don't know if a few thousand shares traded constitutes as bullish. IMO
You have to check out the crypto trading platforms.
People need their party money for tommorow.
Here's some DD: RUN AWAY.
Any RS on the horizon? No position, just watching.
Oops. Right back down. Hmmm. Strange to say the least.
.15 that's amazing. I wonder if something is on the horizon.
Check out the post below yours. He posted a link.
All I need is 8.6 cents to double my money. Hope we get a run soon.
Does anybody else think it weird that the price is staying between . 0350 and .0355?
Actually their Medallion Fund has a cumulative return of over 2400%. Not to shabby.
Correction on the 1000s percent return, more like and average of 35% per year for 20 years. Still phenomenal. Your 401k will only average 8% or so over the life of it.
All I know about Rennaisance is that they use complex mathmatical algorithms to find trends in the market. The folks who started this fund are MIT alum and they are supposed to be the most profitable hedge fund in the world. Gains in the 1000s of percent. I don't know if that's good or why they increased position. Just pay close attention over next few weeks, cuz if it runs, it'll run fast and hard. Figure out your exit strategy and stick to it. IMO
Hudson Bay sold out position. But Rennaisance added 837% to their position. Hmmm, that is strange.
Seems reasonable. You need lots of money to short a stock. A hedge fund named Sabby financial is notorious for buying penny stocks then shorting the hell out of them. But he's got hundreds of millions of dollars.
You will have to prove what you say! I say you can short a long position. I have given a reference to look up, where's your proof?
You should look up "short sell against the box" in investopedia.
Or maybe you're saying that hedgies don't loan out their shares to short sellers and charge them interest. Yeah you're probably right.
So what you're saying is that hedge funds don't borrow shares from brokers to short a stock they own? Really?
Hello, what's your response? Huh.
Correct. YOU only buy to go long. HEDGE FUNDS buy stock to go long, but while they wait for upward momentum, they short the stock to recoup the money spent. Also they LOAN out their shares to other short sellers and charge interest. That's what they do, it doesn't matter if it makes sense to you or not. There are many articles about this topic. Go read some. At the end of the day, they make their money back plus profit, and then sell the original shares probably at a loss. This is a penny stock, they don't get respect.
Sure there is. That's why tutes do it. They own many millions of shares. Shorting a few tick at a time they can make hundreds of thousands in a short period. Rinse and repeat. They make their money in no time.
When you short shares you are borrowing shares from someone else, there's no change in beneficial ownership. You still own your shares. They can also loan out their shares to others who short and charge interest.
They buy the shares to short it. That many shares, you can short it over and over again for just a few thousandths of a dollar at a time and make the 2 mil back in no time. Watch, you'll see. When the price drops to .0333 and goes up to .0365 then rinse and repeat. That's how these tutes make their money.
But I don't think a rs will help.
I love people "patiently waiting for extension news". Please, the MTG ain't for a couple weeks, then a couple more weeks for the answer. We're looking at mid September at a minimum. Get a clue.
Personally, they don't deserve an extension. They haven't released anything to substantially raise share price and maintain gains. They should be delisted.
This is absolute garbage. Pure manipulation. Needs to be investigated.
Going to the pinks, there is no threat of delisting. They aren't mining and won't be for some time. TNGL is on the pinks. They can't seem to keep a minimum bid price of .20. So what's their plan another rs? Went thru last one which was only a couple months ago. Jumped out at .32 to save profit ( very small). Been watching ever since. They can't keep their price up. Go pink.
Top analysts don't know what they're talking about.
Yeah!!!
Are the gunna do another rs? They should just go to the pinks till they get it together.IMO
Good call!
Oops!
So why the drop in price? Can somebody expound about that please