Lovin' it !
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Sorry pal. That's not big money.
American Funds bought back because they lost a ton of money on WM.
The link you provided and other data available all show that there is not any big money in wamuq.
If it wasn't for shorts covering, this would already be a lot lower again.
Nice try !
What big money ?
That is absolutely hilarious.
You can't be serious?
They shorted this thing in dollar land , and they cover by buying the same shares everybody else buys, which isn't exactly difficult to do.
I love the free entertainment here !
I couldn't have been more wrong.
The market wants to move up.
Glad I didn't short anything.
I think we will know when it is time to short, even though the ridiculous P/E ratios are totally fIng insane right now.
imo, it's only a matter of time before valuation comes back into play.
Hope you are well!
Maybe the dumping is done ?
More of it was retail than you think.
1-hour in and only 2 dumps of 1 million shares each at .001 .
WTF ?
Are we going to see 1 huge T-Trade at the end of the day for like 50 Million shares at .001 ?
Those that are selling at .001-.0011 don't deserve to make any real money anyways.
wrong AGAIN !
On the sidelines?
Weird.
I thought you held tens of millions of shares.
Huh.
SYNJ needs the webprods magic KABOOMAGE touch.
SYNJ is looking for some real market-making transactions.
Hope you are well !
If it is, you can blame SYNJ for doing business with them.
Over 13 M dumped at .0009 pretty quickly.
I disagree. I feel that the funding is in place, but they needed to raise some additional capital to accompany the funding.
Hopefully it is almost over.
If it goes lower, I will actually be borrowing money to load up on a LOT to flip.
It looks like it too.
Pretty stupid if you ask me.
Who dilutes when the price is low?
It hinders the ability of the stock to go as high as it can go, thereby limiting the amount of capital you can raise in the future.
Dilute after real news and after the stock is up thousands of %.
Morons.
Looks like NITE is covering pretty big today.
Seems to be parked at 26.59, and LCFM seems to have unlimited amounts of shares for sale.
Trouble is it can't even sustain a .001 bid and seems to be unable to break over the 200-day SMA .
I had high expectations too, but you are right that they need to be more communicative.
If they have $1.5 million in private funding, and if the source of that funding is Mack, then they should PR that. It actually might show people that Mack believes in the company enough to put $1.5 M of his own money into it.
If they are so close, then why hasn't any real money jumped in yet? We haven't even traded $1 milion in dollar volume yet this week.
BTW, that was another quick 30 Million share dump at .001 huh?
It's just funny that the company claimed in a PR that they rescinded 300 million shares yet they fail to communicate the increase in tha A/S along with failing to communicate the share structure to the shareholders.
(btw- why rescind 300 million shares only to increase the A/S by a ton?)
I'm still all in on SYNJ, but BS better be careful, as should certain posters on the board.
Of course they have to dilute to raise extra capital, but imo, it is clear that BS still doesn't know how to run a company.
I will definitely be selling before the ex-divi date because I know that BS isn't smooth enough to pull off the timely release of any PRs with any substance.
People act like he has some grand master plan regarding the timing of releases and deadlines, but if you are banking on that, I'd think again.
Never trust anybody. Period.
People lie.
CEOs and posters on this board.
That's the way it is.
Hopefully !!!!!
However, the dumping continues at .0009 and you would think that if there is a good price at which to hit the ask it would be .001 , but that is not happening.
Unreal.
Plenty of dumping too.
Over 30 Millions shares dumped at .001 already.
The "monsta support" is down to 1 MM unfortunately.
PERT just picked up 12 Million + at .001 .
Don't like to see the excessive dumping, but atleast there is support here.
I wonder how long soup and the others will stay around this time.
From no presence to ultimate cheerleading .
Won't last long imo.
That's not what I was referring to. I was referring to the FACT that Cali was sending out PMs several months ago , one of which was shared with me, in which he was stating what I stated in my post.
So Cali, whatever happened to .015 - .02 , buy on all dips, and only tell those you trust ???
That was several months ago and was shared with me, and you know what I am referring to.
Right on the 200-Day SMA AGAIN !
Hopefully not people who are going to sell the hundreds of millions of shares under .002 .
imo, all of this dumpage is going to make for some very heavy resistance points in the future.
Unbelievable.
Good question.
The amount of dumpage is completely disgusting.
Exactly. At some point .0011 will have to officially be declared as tested.
Very true.
6.5 Million just nailed the ask.
Looks like approximately the same amount that whacked the bid.
Someone just bought over 40 M shares at .0013 in only a few minutes.
I think it could go again now too, but AUTO is still dumping at .0013 .
Unreal.
Whoever that is, is a complete moron.
6 Bid-sitters at .0013 .
Don't sell them your shares, unless you are a flipper, then sell into the bid at .0013 and GTFOH .
: ^ )
A couple more hours of bidwhacking and a lot of the flippers should be gone imo.
Those that dump into PRs like these do not believe in the company and do not deserve to be holding when this stock makes its real moves.
Anyone who doubts the legitimacy of SYNJ, or any of its subsidiaries should do just a little bit of research and should also stop doubting.
SYNJ is real, their business plan is real, their political and business relationships are real, and their funding is real.
That's right baby, one state at a time. Once their business plan is approved in SC and they receive the Government grant money, their model can be used in other states to secure non-dilutive, Government funding.
The 3 will be 1, and the 1 will be 3 .
LVS is probably a great call. It's been hit lately and it will run hard when the market runs.
I'm pretty much tapped for cash right now, and I'm glad because although there could be some earnings announcements on Wed that provide some positive support for the market, I think Thursdays #s will ultimately be viewed as not so hot, and I'm sticking to my DOW back to 8,600 pretty soon.
Even if I had cash to play them, I would only play them by day. Take advantage of the swings. Just get in and get out.
Remember, 20% 4 times = 100% when you reinvest your gains plus your original investment , or 10% 8 times = 100% .
You can double your money faster than you'd think if you're disciplined, but the discipline is the hard thing. It is too easy to hang on to shares when they are up, trust me I know. I've burned myself enough times to not hang onto shares, not even freebies.
Last post of the day.
Take care Fish !
You did good Morpheus, and you will be very happy imo.
Mack's political connections, along with SYNJ's connection to people like LaPorte and others will ensure that this is a true growth story that nobody can deny.
South Carolina is the first state of many whether people believe it or not.
More people need to obtain 3rd-party verification instead of asking people for links all the time and/or constantly bashing the company because they are unable to separate the company from the trading action.
Good NITE .
People have the misconception that reorganization is the "better" bankruptcy.
Even if WMI gets to keep the $4B and gets the entire NOL and $3B tax refund. Including the TrustPreferredSecurities and the WMI preferreds, there wouldn't even be much equity left for common value. Even if there were an excess of say $2.1 billion, that value wouldn't go to current shareholders. The equity would be redistributed to creditors in place of cash in the form of new equity so the debtors don't have to give up all of their operating cash and they have the ability to raise capital through the issuance of stock for financing purposes. They are not going to fund their operations by issuing stock at cents or even $1-$2 . Chapter 11 is a beautiful thing for companies that are lucky enough to have a legal team that has it together, and the last time I checked, Weil isn't notorious for looking out for the interest of shareholders of the companies they represent.
The best thing you all have going for you is the FDIC lawsuit, but that is going to be quite a wait, so you better hope Weil and the other attorneys/consultants don't try to come up with a weasel plan to reorganize stating that a recovery from the FDIC is either unlikely, or would take so long that it would prevent the debtors' from efficiently reorganizing and would therefore cancel the current shares and reorganize, thereby leaving pre-seizure shareholders the last option of filing lawsuits related to their losses.
I am referring to the FDIC lawsuit and other proceedings, which, imo, will be the basis for moving the real decisions to a different court, and you won't be getting much more than a few peanuts from JPM for loose ends, so don't let terms like "settlements" give you false hope.
I know the F word Judge Walrath used, and I realize that many of you feel that FIRREA doesn't apply, but it does.
The FDIC is on the hook for selling the assets they had the right to sell for less than fair value and for selling assets they didn't have a right to sell, but as far as what was or was not the property of the bank at the time of the seizure and sale is ultimately going to be ruled on by someone other than the honorable Judge Mary Walrath.
Sorry to be the one to tell you.
The real decisions will be made in a Federal court that is not in Delaware .