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Interesting recent article on the bubble of index funds. Michael Burry who famously called the 2008 crash saying index funds are similar to CDOs in 2008
https://www.bloomberg.com/news/articles/2019-09-04/michael-burry-explains-why-index-funds-are-like-subprime-cdos
It's following the same model as the UFO ETF which also only had 100,000 AUM at time of registration. AUM should be 2 million or more when it launches.
NVNT in collaboration with Facebook
Already acquired one of their patents:
https://qz.com/650476/facebook-wants-to-build-this-crazy-arm-controller-to-make-vr-even-more-realistic/
Looking good here
I added on news and then saw it was dumping and sold flat. What exactly is wrong with that? And now I'm calling Bobby out publicly to fix the situation... I've been trading LFAP since February. If you weren't around for April when they killed the run with the 8k during market hours then do know what your talking about.
Wouldn't be surprised if a class action lawsuit is already underway. Hearing Pawar Law Group and Rosen Law Firm (they took down CVSI) are contacting shareholders.
LFAP ETF continues to get eviscerated in the comments...
Where is the organic support?
https://finance.yahoo.com/news/lgbtq100-index-is-made-up-of-companies-that-support-lgbtq-equality-160317804.html
Don't worry about it
Sold flat when it was clear the news flopped. It's down 35% since that day.
https://finance.yahoo.com/news/lgbtq100-index-is-made-up-of-companies-that-support-lgbtq-equality-160317804.html
LFAP getting eviscerated in the Yahoo comment section. 175 reactions and I haven't seen one positive and look at the like/dislike ratios for the top comments.
I haven't seen any organic support for this ETF.
https://finance.yahoo.com/news/lgbtq100-index-is-made-up-of-companies-that-support-lgbtq-equality-160317804.html
I'm just trying to understand the price action and why the ETF news flopped last week. I wish it would have taken off.
I think Jack Bogle has an interesting take here on niche ETFs:
Read the comments on the Yahoo article. Majority of investors do not care about a LFBT preference index, particularly one that charges 75 basis points.
https://finance.yahoo.com/news/lgbtq100-index-is-made-up-of-companies-that-support-lgbtq-equality-160317804.html
Here's another fact:
Does it matter. It's clear no one cares about a gay ETF
The EQLT ETF is a perfect case study, same basis points (75) as LFAP's and same core theme.
Good point. I recall he transferred over majority of his shares to him early on. Makes sense now.
This about sums it up
They all got bought out today. Volume same as last Friday.
New base forming to begin the next leg.
Looking good here. Run just beginning
Adding today
Look at the chart. No bagholders and no dilution here. Get real!
Reinstatement is being expedited for the LOI. Expect things to move quickly here, beginning with LOI news to hit official wires this week.
https://www.otcmarkets.com/stock/IALS/news/story?e&id=1462871
Same sh** different day
Proof the 1.3 billion LOI news is real!
Notice today's news release of reinstatement (verified by OTC Markets: https://www.otcmarkets.com/stock/IALS/news/story?e&id=1462871) was released on PRLOG yesterday under the same company profile!
Link: https://pressroom.prlog.org/QestCorp-IALS/#
This proves Xin Shi (Qest Corp) uses PRLOG and released the initial news regarding the LOI with the 1.3 billion travel company.
Good find!
It's an email address. I reached out to verify.
News was released by the company and contact is listed as Xin Shi (the custodian). No reason to think this is fake!
https://www.prlog.org/12795242-qest-corp-aka-interactive-leisure-systems-inc-letter-of-intent.html
Looking good here. Tomorrow could see .10
Looking good here. Tomorrow could see .10
Big days ahead here. This could be the fall runner.
Gap down tomorrow. I was rooting for UNRG, but Desantis didn't come through this time.
Looking good here
Exactly know what you own! Flippers going to get burned
Looking good here. Multi-day run to copper!
If someone dumps at .10 and its now below .05 that makes them smart.
People got hoodwinked by Bobby, this is an illiquid stock at 4c. It will maybe get some interest dubs.
If that's the case, nice job!
Everyone in that low sold a long time ago. Only baggies left like swamp boy.
If your still holding from dubs after hitting .27 that is a tragic story!
MAXM converted their holding to preferred shares. They could give two shits about retail. As someone pointed out earlier 100:1 reverse split is likely in the future.