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bme,
Don't worry about her. She is just an old narcissist basher that has to have the last word. Just because someone quotes from her other posts, she thinks someone is trying to reply to her FUD without hitting the reply button. LOL
A bit paranoid too if you ask me.
"And I see we have another one who doesn’t know how to use the reply button."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172725288
"I always find it odd that people chose to reply to a post…without actually “replying”."
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172718311
"Ah…so I am the exception. LMAO."
Yes, you're an exceptional basher. LMAO.
"I showed proof to back up my argument."
Ooooh, I'm happy for you!
Unfortunately (for you), it's just more FUD again. I said "almost never". I still stand by what I had said.
"LOL…Have you forgotten what you said in the post just prior?
“Kind of like stock bashers, they almost never show proof or links to back up their FUD, but instead hope that their intended targets settle with their flawed arguements.”"
"Flawed argument? LOL. So where is the flaw in this argument? …complete with the company’s OWN words….
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172715779
Did Michery forget what he put in his own filing or was Christian unaware of it…?"
FUD FUD FUD
Fear, uncertainty, and doubt
"Fear, uncertainty and doubt (often shortened to FUD) is a manipulative propaganda tactic used in sales, marketing, public relations, politics, polling and cults. FUD is generally a strategy to influence perception by disseminating negative and dubious or false information, and is a manifestation of the appeal to fear."
Now look who's deflecting.
My posts were about illegal naked shorting, not Michery or any of MULN PR's, but keep posting that FUD and switching topics. It's quite typical of bashers imo.
"TenKay
Member Level
Re: JR30 post# 64898
Tuesday, August 29, 2023 4:52:19 PM
Post#
64901
of 64914
I have seen and read that a few times over the years. It regularly makes the rounds in the penny world. It was written by a guy named Pete Petit who if memory serves was convicted of Securities Fraud.
What you attached was the version that was included, if I recall, in a “comment” submission on some proposed rule changes…which is why it is on the SEC website.
It is full of so much crap, with just enough fact mixed in that it gets regularly regurgitated.
But he did put in some effort to write it. Lol.
And I noticed you didn’t answer my question… wink"
"TenKay
Member Level
Re: JR30 post# 64850
Tuesday, August 29, 2023 11:26:17 AM
Post#
64851
of 64894
That was an action brought by the SEC.
Which company was it that announced an investigation that led to this???
Answer: None.
As I-Glow pointed out Michery should report his concerns to FINRA and the SEC.
But he won’t because his financiers did a majority of the shorting.
They have access to the type of information needed to investigate this. Not “Share Intel” and not a private attorney.
The noise from Michery is purely for pumping like all the other companies that have tried it.
Trying to deflect attention from their poor performance."
Counterfeiting Stock 2.0
Long read, but worth the time. Most probably won't get past the first page of this article to educate themself. Ostriches will bury their heads in the sand, denying the existence of illegal naked shorting. Paid bashers are guaranteed to argue against this post, just like they did on my last post.
"TenKay
Member Level
Re: I-Glow post# 64845
Tuesday, August 29, 2023 10:45:46 AM
Post#
64847
of 64849
Of the dozen or so companies that pumped their “investigations” of “illegal trading” back in Jan/Feb…and since…not a single one has come up with any credible info of “illegal” trading or shorting (naked or otherwise).
Not one."
SEC Charges Investment Adviser and Principal in Abusive Naked Short Selling Scheme
SEC Charges Investment Adviser and Principal in Abusive Naked Short Selling Scheme
FOR IMMEDIATE RELEASE
2023-107
Washington D.C., June 12, 2023 —
The Securities and Exchange Commission today charged investment adviser Sabby Management LLC and its managing partner, Hal D. Mintz, with fraud in connection with a long running scheme involving misrepresentations and violations of rules for short selling and order making, as well as other violative trading, that generated more than $2 million in illegal profits.
The SEC’s complaint alleges that, from at least March 2017 through May 2019, Sabby and Mintz repeatedly circumvented trading rules to conduct unlawful trades in the stock of at least 10 public companies. Short selling is a legal practice where, generally, a trader borrows a security from a securityholder and sells the security at one price, speculating that the trader can buy the security at a lower price in the future before it must be returned to its owner. As alleged in the complaint, for example, Sabby and Mintz engaged in illegal “naked short selling” by intentionally and improperly placing short sales when they knew or were reckless in not knowing that they had not borrowed or located the shares, and then failed to make timely delivery of the shares. According to the SEC’s complaint, the purpose of Sabby and Mintz’s fraudulent scheme was to earn profits they could not have gained through legal trading.
Additionally, as the complaint alleges, on occasion Sabby and Mintz used their naked short selling to artificially deflate the price of securities, allowing them to obtain more shares at a cheaper price.
The SEC’s complaint further alleges that Sabby and Mintz tried to conceal their fraudulent trading, including by using securities acquired after the trades to make it appear to brokers executing the trades that they had complied with the requirement to have borrowed or located the shares prior to their trades. As the complaint alleges, when questioned by at least one broker regarding their trading, Sabby and Mintz repeatedly lied about the trading.
“The SEC alleges that Sabby and Mintz attempted to game the system and make an illegal profit,” said Carolyn Welshhans, Associate Director of the SEC’s Division of Enforcement. “When someone uses naked shorts or other manipulative practices to cheat the market and investors, the SEC will ensure that they are held accountable.”
The SEC’s complaint, filed in the U.S. District Court for the District of New Jersey, charges Sabby and Mintz with violations of Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 and 10b-21 thereunder. The complaint also charges Sabby with violations of Sections 204 and 206(4) of the Investment Advisers Act of 1940 and Rules 204-2 and 206(4)-7 thereunder and charges Mintz with aiding and abetting those violations. The complaint seeks permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.
The SEC’s investigation was conducted by Edward Reilly and Christopher Mathews, with assistance from Patrick McCluskey and Brian Shute, under the supervision of Amy Friedman and Ms. Welshhans. The litigation will be led by Daniel Maher and Mr. Reilly and supervised by David Nasse.
Who's counting the number of products?
I was referring to knowing that each is different and has a different market. Knowing what products VERB offers, and what they do is key to making intelligent comments about the effectiveness of an app.
Yes, you are missing something. It is on the main page.
Here's some more awesome news related to that.
https://apnews.com/press-release/accesswire/sports-business-health-coronavirus-pandemic-593b88216abbd1fe9d8bd943e60c2661
Cha-ching!!!$$$
$VERB
Sleep well, VERB shorts.
Lol, successful shorting isn't based on two random share prices in time. It has to do with successful timing of the market, just like successful investing.
I'll agree that both shorts and investors have had plenty of opportunity to make good money. There is plenty of opportunity still for long investors as the company is just starting to realize the fruits of their efforts.
Shorts are never sleeping well as it is one of the highest risks one can make in the stock market. A short's loss is potentially infinite regardless of the amount of shares borrowed, while a long's potential loss can only be as much as they buy. Let's take a closer look into the article in that link.
https://www.google.com/amp/s/scanz.com/how-to-scan-for-short-squeezes/amp/
"What is a Short Squeeze?
A short squeeze occurs because short sellers get skittish when it looks like their short bets may prove wrong. Short sellers face unlimited risk if they turn out to be wrong and a stock’s price rises. Not only that, but short sellers will also start getting margin calls from their brokers as their short goes bad."
Unlimited risk. How can a short sleep well? I know I wouldn't if I were in that position.
"The easiest way for short sellers to cut their losses and answer their margin call is to simply close their trade. In a short, that means buying back the stock to cover the shares they borrowed and sold.
But, sometimes there simply aren’t enough shares to go around for all the short sellers who want to buy back the stock. That drives up demand, which in turn creates a lot of buying pressure and a sudden jump in the price of a stock. This creates something of a snowball effect – short sellers buy up the stock and drive up its price, thus forcing other short sellers to do the same thing to limit their own losses. A short squeeze can turn what might have started as a gain of several percent into a gain of 10% or more in a single day."
As I recall, VERB had a 7.25% up day earlier this month. That's not too far from 10% or more to qualify as a short squeeze that day. Guess what, if the short interest is going up (like we both believe) and there is pending news like the MS one that IS coming, then that would make it ripe for a short squeeze.
According to NASDAQ, short interest is just over 5 days to cover. Imagine how high the SP would go with 5 days of covering in addition to normal buying and new positions being bought due to the spike in price.
https://www.nasdaq.com/market-activity/stocks/verb/short-interest
"Identifying Short Squeeze Setups
So, how do you identify potential short squeeze setups?
It starts with finding stocks that have a lot of shares being shorted. The number of shares short can be measured directly, but it’s also helpful to think of it as a fraction of the average daily volume of shares being traded. For example, if a stock has 100,000 shares short, but only an average of 20,000 shares traded per day, it would theoretically take short sellers five days to cover all of the short positions."
Hmmm, seems like I've heard that 5 day thingy before. Let's continue with the article.
"Scanning for a Short Squeeze
It’s easy to turn those guidelines into scanner parameters using Scanz. Essentially, there are three conditions that must be fulfilled:
1. The number of shares short should be greater than five times the average daily volume
2. The shares short as a percentage of the float should be greater than 10%
3. The number of shares short should be increasing"
1. Check
2. Almost there
3. Check
Remind me again why there can't be a short squeeze for VERB?
Sleep well, shorts...
Please elaborate. What is "sufficient short interest" for a squeeze to occur? Please show link(s) to back it up, or to show it can't happen.
I just said that shorts wouldn't cover unless they THOUGHT the SP wouldn't go down anymore. The whole purpose of a short position is that one is betting that the SP will go down from when they borrowed shares. So far, the SP hasn't really gone down and I agree that the short position has been going up. This makes for a dangerous situation for shorts as they will eventually need to cover.
Sleep well, shorts...
And evidently no answers. You are correct in that nothing compares to VERB as it is making new markets with its products. Being first (and best) is very important to dominating the market imo.
The short interest can change a lot in 15 days. What will come next, the updated short interest or the verbMAIL app? Most likely the short interest will be higher if it comes out first.
Sleep well, shorts.
I would suggest looking at the increasing short interest trend. A lot can happen in 15 days.
Then why mention short interest?
Does that mean you don't know what Bambuser's product is?
Does that mean you don't know how it compares to VERB's product?
Does that mean you don't know which one is more interactive?
Does that mean you don't know which one sells for less?
Does that mean you don't know which one has more customers?
Does that mean you also believe that one can do too much "DD"?
How can one compare with a peer of VERB's not knowing the above? Please share your thoughts on this. All of us longs are on edge waiting to hear sagely advice...
Does that mean you don't know what Bambuser's product is?
Does that mean you don't know how it compares to VERB's product?
Does that mean you don't know which one is more interactive?
Does that mean you don't know which one sells for less?
Does that mean you don't know which one has more customers?
How can one compare with a peer of VERB's not knowing the above? Please share the DD on this. We are all waiting on pins and needles for the revolutionary information.
What is Bambuser's product?
How does it compare to VERB's?
Which is more interactive?
Which sells for less?
Which has more customers?
Knowledge about VERB's peers before trying to compare is often helpful.