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I'm here...just not posting much (222,000 by the way).
When everyone actually IS out to get you, being paranoid is just smart thinking.
Moe
Awesome close!!! Let's keep it going tomorrow...
That just looks like a notification that they changed the ticker symbol to reflect the new cusip number and name change. Doesn't look like a short demand letter to me...You said before you're "all froze up." Were you talking about your account??
If there was a substantial amount of covering already, this still wouldn't be trading as if it had 10-15 (or more) in the float. So my opinion is that there are still a lot of extra shares floating around (so to speak).
I agree...this trades like it has a much bigger than 5 million float (corroborated by the count of shares on this board at 12+million). It'll be interesting to see just what the source of the extra shares is...
Here's a question...what are the chances that the extra shares (which we know are there) are actually shares that were supposed to be restricted but were given out without the rule 144 legend attached? I have no evidence of this, but the share count looks pretty well accounted for through 25 million from the TA. The other option is the extra shares are electronic credits given out by the brokers. I would think these would have been discovered and covered by now.
Just a couple thoughts as to the identity of the extra shares trading right now.
It's pretty easy to know when a company is diluting when the TA is accessible. One phone call and you'll know.
Yep...good or bad, that's what's coming.
Actually, the pps has held up reasonably well considering the selloff. As for the other board, that's the price people pay for the advice...the leaders are always in first and out first. Like it or not, that's how it is.
That means a whole bunch of new money coming into the stock, albeit temporarily (most from Bill's board are daytraders). Could make the first few days of the week interesting.....kaboomage.
I put 2000 in at 12, got filled at 115...
Has anybody received a notice from their broker to cover an improper divi yet? Just curious.
I agree...this should be going up a bunch. This company is big enough to attract some institutions...would be nice if some would buy in. But this is the OTCBB.
Yes, you should be fine. You didn't sell any improperly issued dividend shares. People who sold improper divi shares are the ones on the hook. Doesn't look like you were issued improper divi shares to begin with. TDA is (I think) the only broker who did the divi right.
I believe that means that the SEC is approving what is in the financials. If you look back at the past couple years of filings, they kept putting in amended S-1 filings because the SEC still had them change stuff. Then finally the SEC gave them effective status on their S-1. That goes back to when they started to acquire the mine a year or so ago.
And the new financials are out as well...nothing earth shattering (I just realized what I said...no pun intended), just consistent performance. Another .04 per share (same as last year) in earnings. This stock is way way undervalued...should be trading at least $3.00.
So hopefully this will go up soon!!!
Within the next day or two, people should be getting call orders for the divi shares they were improperly issued. Nobody's posted that they have seen any yet, so I guess this hasn't happened. Once the orders are issued, cover is required within a few days. Then we squeeze and kaboom. All IMO.
I'm up to 200,000 now (up from 193,000). Thanks for all you're doing on this trump!! Mark M
Clayton did say that TD Ameriturd is the one broker who got it right...so maybe there is something to them squaring away quicker...
Really screwy trading yesterday and today. Some people can trade the stock, some can't (I'm in the can't category w/ Ameriturd). Interesting to see what it does today and tomorrow.
I hope that's the case. That big of forced cover might move this a whole bunch.
The TA was showing the 25 million figure BEFORE the Securenet deal, so it is my belief those shares have not yet been issued. So I think we have a large overage, which is screwy but may be beneficial to us.
That's the last word I heard also...my theory is that the actual float is about 7-8 million right now, with about 17-18 million needing to be covered. If the 2 million preferred shares are included, could be 15-16 million needing to be covered. Again, this is just speculation, but if it's true hold on to your shorts...
What number are they giving for outstanding shares? If it's high, it may be right (until the improper shares are all covered).
I read your mind and posted before you did...
http://investorshub.advfn.com/boards/read_msg.asp?message_id=29295324
I'll put money on it that all of the big after hours postings are what the company's buying back. I don't have proof of that, but this has been my experience with pinks dumping stock...they usually show up as T trades. Just a hunch.
If we can keep people from bidwhacking!!!
Looks like we've consolidated now...Let's get past the .105 mark!!
yep, me too. I don't show any shares traded yet either...I have TD Ameritrade as well.
What MAY cause a run is when the improperly issued dividend shares are called back, forcing a cover. Any run before then is just speculation that this will happen. The symbol change, cusip number change, etc. theoretically will trigger the squeeze play if it's done correctly. Nobody knows if there has been any covering of the improperly issued dividend shares as of this time...Time will tell.
Like I've said before, the ingredients are there. Will they all come together for something tasty, or will they come together like something my wife usually cooks? That's the question...All IMO, of course.
Yep...this is not a proposal for the tree hugging group!!
This happens nearly every day!!! Early on the pps goes down significantly (although today is higher volume than usual) and then recovers later in the day or sometimes the next day.
I'm guessing some are selling because the symbol didn't change yet..but that's just a guess. I'm holding strong...
I hit it for 5K at .062, but the ask then jumped to .064 and held there, so I didn't change my bid since it didn't look like it was going anywhere. So as a result, I have a small amount of dry powder for next week!!
Trump - 193,000 now. I don't know what you have me down for already. But this is the current number. Thanks for your work on this.
Did you get that directly from them recently? If so, that's an increase from what they were saying before.
That is a good read, and just more reason to do away with the market maker system. Thanks for posting this...
Sell on strength, buy on weakness. Anybody selling this now is selling on weakness. Great buying opportunity if you ask me...Although this may go a bit lower before it turns around.
Absolutely!! I believe it was Clarity who used his formula a while back on another stock before the TA was ungagged. When the TA information became available, he was right on the money. And the 19.9 million he has for his UHCR top is suspiciously close to the 21 million the TA said there were earlier, minus the buyback to this point (or minus the 2 million preferred is also a possibility). Not conclusive, but a good indication that Clarity is pretty close...
Will there be a MOASS? I don't know. This may do nothing. This may explode. But all the ingredients are there....JMHO...
I agree with both of you. Clayton is a smart guy and will play this to our best advantage. I don't think the covering has started yet either. So far, the PR's that have been put out are mostly to appease the investors who have been calling the CEO all day and all night. We'll get the meat when it's appropriate, IMO.
Yepper...