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Even with a maxed out A/S of 475M TEUFF's market cap is less than $10M at .025.
Ridiculously low market cap given the asset values in play. TEUFF is most likely trading for less than book value. currently.
LOL all you want, see you at .035-.045 by the close now that the BK risk has been neutralized ;)
Or maybe its those naked shorts that the MMs are willing to pay fines for as a cost of doing business...just ask NITE ;)
Make a couple of hundred grand violating the regs.....pay a couple thousand $$$ fine.....sure sounds like a good deal to me ;)
Thanks but I have been pounding out short MMs and toxic financiers for over 20 years on the OTC.
Looks like the clowns in TEUFF are next on my list ;)
And likely better than expected earnings coming as well ;)
Gonna be an interesting EOY in TEUFF!!!!
Thanks for your opinion but I have a sister who was a 15 year MM......they short every day as part of their obligation to maintain liquidity.
As a matter of fact the better MMs are allowed to short speculativelely with firm capital to boost their P&L.....but you know all this ;)
Agreed bro.....any toxics left should be wiped out after the last few days of trading.
My guess is NITE shorted the run to ~.04 this morning and it walking it down to cover those intraday shorts.
The afternoon action from 2:30 to the close will be very telling about the coming weeks for TEUFF.
My guess is we close at or near the HOD ;)
Agreed PB. Unfortunately this is part of the OTC game as you know.
We will close in the .035-.045 range though once this clown covers.
Because the MMs are preying on weak traders via the "close the gap" self-fulfilling prophecy ;)
I'll take more TEUFF shares under .03 though as well.
NITE shorting it to "close the gap."
What a joke.
MMs shorting the $hit out of TEUFF just to hold her back.....ain't gonna work Shorty, lol!!!
Gapping
Start your engines, lol!!!
Go TEUFF!!!
I will read it thoroughly when I get home.
This is gonna be FUN. Been watching TEUFF for months waiting to pounce and it seems I timed my purchases well.....might even have to average up tomorrow ;)
Agreed. Further, I only skimmed the filing so I may be wrong, but it looks like they sold the ship for $39M yet only owed $16M on the credit facility. I am sure there are other fees for the transaction (thought I saw like another ~$600k) but that would still leave an additional $20M in cash after the payoff.
Feel free to correct me if I am wrong.
You mean the toxic Magna note that was most assuredly converted and sold into the August run?
Those clowns always convert immediately and if they do hold shares they file Form 13Ds. I haven't seen a Form 13D from them, lol!!!!
.05-.07 a real possibility by Friday's close.
I am thinking we see at least .20 on this run.......and the way these shipping stocks have been running it wouldn't surprise me to see .50-.75 by year's end ;)
HUGE move higher tomorrow with major short covering.
The the next catalyst will be better than expected earnings ;)
HUGE TEUFF news......one of the things that sparked the ridiculous DRYS run over the last few days was the sale of ships.....can we duplicate that run with TEUFF ;)
Nice close peeps. 03s tomorrow ;)
Still have a shot to close at HOD ;)
Going green
RVUE will get there soon enough.
In the mean time I will take more cheapies.
Looks like the short clowns have finally covered and are ready to let it run back over a penny.
Thanks again for the cheap RVUE shares the last week or so ;)
The Hanjin bankruptcy increased demand and rates for other companies' ships and with the holiday season right around the corner with retail companies stocking their shelves/warehouses now in anticipation so there is no better time to be in TEUFF.
See you north of .05 in a few days ;)
You too roe....let's hope great minds think alike ;)
Thanks PB. It has been a while. Good to be in another play with you.
Looking forward to the days and weeks to come in TEUFF ;)
Took a starter here today.....the DRYS move over the last few days has me dreaming of a TEUFF move ;)
I am thinking you will do quite well in the long run on those shares ;)
Thanks but with 68 shareholders per the last filing anyone shaken out by the company "going dark" has likely already sold.
Anyone buying those shares isn't down much at all hence there won't be any significant tax selling.
Good luck getting those .002s, lol!!!
Time to start the march back north.
Thanks to all those that sold into my bids last week ;)
Go RVUE!!!
He isn't diluting his own common share holdings, but rather increasing his % ownership in RVUE with the latest financing.
He is getting 100% ownership of the increase in O/S for the bridge loan....as compared to 52ish% of the O/S he currently owns.
Why in the hell has he been funding RVUE and diluting his OWN common share holdings for?????
After last night's election it looks like Roche will now have some extra time on his hands to build shareholder value in RVUE ;)
My strategy all along.....follow the BIG money ;)
Just a matter of time here despite the current negative sentiment on this board.
Ritsuko is Robert Roche's wife.
Thanks but I am pretty sure a sophisticated investor like Robert Roche understands the time value of money......unlikely he parked a couple million $$$ in RVUE with the intention of letting it sit for a couple years without generating a return for him.
Nope not gonna happen. RVUE will remain quiet just long enough to take most of retail's shares and then BOOOOOOM....MASSIVE SHAREHOLDER VALUE CREATION.
I'll still be here ;)
So you are implying it is a scam. Let me ask you how many of those companies you were scammed by were controlled by a guy worth half a billion to a billion $$$$ that is also the CEO of a NYSE-listed company?
Answer....none.
I am sure the SEC wouldn't take too kindly to NYSE listed CEOs slumming it in the pennies just to screw over shareholders for an extra few hundred thousand bucks.
Just sayin :)
The company "going dark" is a well calculated move on the part of management and its majority shareholder to shake out retail and take an even larger % of RVUE for themselves. Clearly, they have BIG plans for the ticker.....eventually.
It is highly unlikely Roche is touting his investment in RVUE on his family office website (OAR/Roche Enterprises) only to watch it flame out and embarass him, and his family, publicly.
Guys worth HALF A BILLION to a BILLION $$$$$ tend to have big egos and generally refuse to fail. My guess is sometime after the new year and after RR controls 80%+ of RVUE we will see tremendous value created in RVUE very quickly.
You can bet I will have more more RVUE shares then than I have now ;)
I didn't say a word about Roche and selling. I was referring specifically to the posts on this board over the last week or so.
The manipulation if RVUE is officially confirmed ;)