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Not all shorters would ave covered these last 2 trading days.6250 shares or 95% were short sales on Thursday and 22020 or 75% on Friday. Most no doubt, however were shorts covering but not all in my opinion. Monday, hopefully will see more of the same. It is nice to see shorters feeding on themselves like cannibals.
You did indeed call this one justincase. In the last In the las 7 trading days approx. 40,000 shares traded and of those 30,000 were shorted. Monday will be an interesting day
Any predictions on price and volume for Monday?
Shorts Today!!! 22,020 shares
Short covering will soon come in to play and move this even higher
Shorty is getting brave!! Shorty probably thinks and rightly so that the settlement is going to take a while and inpatient longs will start selling at lower prices allowing him to cover with a profit.
The guy with the big block probably does not hold a big block but is a shorter
Guess what??? 6250 shares were shorted today. Any thoughts?
Yes justincase.If he were a Baptist minister he would be instructing his lawyer to get at least maybe 3 bucks a share for his parishioners, otherwise he would say that #@%$& NOAH double crossed me. GO FOR THE JUGULAR. Unless of course he is a TV evangelist out to fleece us parishioners
We have no idea who hired the lawyers aaand our current ceo. Was it Galanis? Maybe, Maybe Not Was it Thomas Braziel? Maybe Maybe Not. What we do no is us minority shareholders hold a minority of shares so why rip us off if they get the biggest share of the prize.
I think that offering will always sit just above the asking price
I think that block will get snapped up or quickly withdrawn
They might get desparate and lower the offer price creating a buying opportunity.If this drags on there may be more than just a few opportunities
Depends on the terms in the deal
Jay Taylor has a speculative buy on Dynacert Inc.listed on the TSX Venture DYA and New OTC listing DYFSF. More info can be found at www.technologymarketwatch.com
While we wait Advisorshares continues to earn revenue which hopefully adds to our share value.
More Shorting Today 1250 shares shorted.I there a pattern?
Shorts today!! For what its worth 942 shares were shorted today
Opportunity??? With markets tanking, margin calls may trigger forced selling including FNDM, thus freeing up more shares being offered than just a measley 100 at a time
100 shares at 2.60. I just picked them up
It is nice to see some intelligent dialogue on this board and a new guy's input
Thanks, I see how his mathematics is based on all the public's money placed in their funds as ADVISORESHARES personal bank account.So much for this guy's credibility and good lesson for people buying in to comments on ihub without doing much research. Maybe ihub should require a mandatory IQ test before allowing membership
How do you figure $65.00. Show us how you calculated that.At a 50/50 valuation split my math says ADVISORSHARE's ball park total worth is at 120 million based on your 65.00 share valuation of FNDM
Good post Seestock8. It is all speculation with the exception of money being replaceable whereas there are things in this life that unfortunately, cannot be replaced some semi precious and some very precious
Let's face it. Galanis put up the money to fight the case. He like us nay not know the fine details of the settlement but he would have set a target amount to be met and the out of court deal would have to be near that figure or it would have proceeded to trial.
Something to consider? All of us have been ripped off one or more times in our lives. We complain and try to recover our money and if unsuccessful maybe go to the Better Business Bureau or post a complaint in a newspaper but in this situation is its a wee tiny david versus G O L I A T H and civil law leans strongly in Goliath's favour.Rather than the biblical story, I liken this David and Goliath situation as crook against crook except in this circumstance david the crook ripped off GOLIATH the crook and Goliath has the resources to get revenge and will make david pay BIG TIME in order to get himself off the hook. I cannot see GOLIATH settling for $4.00 or $5.00. If you guys had the resources that Galanis has what limits and amount would you go for?? A lot more and most likely Galanis would be a lot tougher. I say $15.00 minimum
Oh well it is fun reading the comments here
Not sure about you gone with the wind? You have been playing both sides, currently attempting to create fear and YOU DO NOT KNOW WHAT THE SETTLEMENT DEAL IS. I THINK YOU ARE A BUYER NOT A SELLER
It looks to me like shorts were made up of 5 small trades. Somebody is toying with this and testing it out, possibly trying to flush out sellers????
Why would anyone risk shorting this stock now?
An added bonus for us Canadian holders is a 15.00 payoff turns into 21.00 Canadian. It has been worth the wait
Will it hit a NEW HIGH TODAY? In my opinion YES!!!
Possibly all the activity is shorters both covering and shorting. A risky game.
And the more it is shorted the bigger the explosion when covering moves the share price above the settlement amount
Just what I suspected. Maybe the shorters figure the longs will give up waiting on news. I wonder what percentage of shares are now short?
Shorts today? I can't wait to see today's short trading report
Somebody needs to move the ask over $3.00
Maybe it was short covering these last few days driving up the price
I cannot imagine anyone in a short position not covering by now knowing there is a settlement agreement.Any guess on how many shares might be shorted at the present time?
252 shares shorted today