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Then I don't understand exactly how the 200 million gets into the float. I assume the company, through its transfer agent, finds a brokerage to sell the 200 million into the float. This must not be done all at once but in blocks until the 200 million is gone. I don't know if anyone knows, but it doesn't make sense to me. I know all market makers have an inventory, and I was wondering why they don't froth at the mouth for a chance to have a massive inventory to make a ton of money with.
Flippers just leaving for a nice EOD gain. People are spooked by today, nobody wants to hold into close. They'll see, I expect a gap up tomorrow.
Interesting question for the board. We've had some discussion about the 200 million shares added into the float since early December when the reverse merger took place. We've discussed having to chew through those shares before we move up. It just occurred to me, why wouldn't NITE -- or any other market maker for example -- have bought those shares in the .02 range when they were first issued and then let the price run and sold them on the long side as the price skyrocketed towards book value. If I'm a market maker, I'd think it would be savvy to get 200 million shares at .02ish, let the natural buying pressure occur moving the price up and dump some of my 200 million at a significant percentage higher. Any thoughts as to why this hasn't occurred? Nobody in the know misses out on an opportunity to make easy money, why would a market maker? And that throws out the whole question of why would they short the stock too? Only a small percentage downside to shorting it here when they could run it up a few hundred percent -- to fair book value -- and make a killing. Makes no sense.
Got your point, thanks.
To use this logic, the opposite must be true. then all who sold today will be in the money since their trades didn't settle before a possible settlement and therefore they will be entitled to the proceeds of a settlement? Yeah, I'm going to go ahead and say that makes no sense. If it's true that anyone who bought today and the case settlement were to occur before their trade settlement, then the opposite side of that must be true: any who sold today will be entitled to case settlement proceeds since their trade from selling didn't settle yet.
Just got 50,000 filled. We'll see if they come back below .028.
Nope, I'm sitting on bid at .0275 with 200,000 shares, waiting to hit the ask when it drops below .028. I've seen AUTO on there at .0279, but mine didn't fill. I'm patient.
And it's no small amount. Maybe left over from the raid?
WHAT? .545 just printed...
Bummer... Try again, things are settling down.
No, but I'm going to buy shares in the company that makes Depends today. There's going to be a huge run on them...
Go Big Blue!!!!
Just an observation: Notice how NITE won't lower the ask below .028. .028 for some reason is a key to NITE not going under. I'm sure within a few minutes of posting this NITE will drop. And that's when I buy my last 200,000 shares.
If you look at the chart, the HUGE GREEN bars in the volume after the recovery is more than likely what did it. Shenanigans...
Raise your bid .015 above the ask. I've done it twice when we hit the bottom and got my shares. Took a few minutes to fill though. I think the system is overloaded. But I also think something fishy is happening with this stock today...
Yes, on Etrade pro, and after raising my bid 9 times, I finally tried market order and it was rejected. What do you make of this?
It was also posted on yahoo board, to which there were replies stating it was good. Read here:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=372022&mid=372022&tof=23&frt=2
and his reply:
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_W/threadview?m=tm&bn=86316&tid=372022&mid=372065&tof=23&rt=1&frt=2&off=1
Wow, I've always heard of this happening but never been able to be a part of it. I'm a small time player with 2,000 shares at .55. But I watched this unfold today and was able to grab another 10,000 shares at .39 thanks to the panic. Wow, what a rush!!!!
That would be great. Hopefully rylawi will do that, and then we can see exactly how many shares have been gobbled up -- at least on this board -- of the 200 million.
Rylawi -- and others, would it be a good idea to add a column to the Google doc. stating when people first purchased their shares? What I'm driving at is wondering whether we've collectively chewed through the 200 million issued in early December. I see tons of people with millions of shares, but if most of the million + holders are from before December, that could explain why we're not moving up, because some of the 200 million is still being sold. I don't know if that's a good idea or not, but maybe it would help us gauge how many shares that we've tallied have eaten through the 200 million from early December. I know that all of my 800,000 have been after the December issuance, just curious how many others are as well.
Great reminder there on the A/S. I saw some talk of an A/S reduction last week. I called the T/A Friday and there has been no A/S reduction as of yet. I agree that the A/S needs to be reduced to further bring clarity to the company's intentions. I'm still half wondering if we have chewed through the 200 million from early December for the debt reduction. If not, we have to be close. I can't for the life of me understand with all the positives out there and 45% of the float we know for sure locked up why this can't move past .03. The naked short theory doesn't really make much sense at why we're not moving. I oftentimes think it's a myth more than a reality. So that said, for some bizarre reason this stock can't get past .03. But when it does, look out above. We need to get to that blue sky area above .038 for a nice break out like WAMUQ is doing once it went past the .44 mark.
No problem, consider the issue dead. Just trying to add some food for thought, not scare anyone. Sorry for the apparent offense.
Thanks for your post. As I said, it was not intended to be a negative statement by you. I know you were putting the theory out there. You and many others do great work on this board bring important DD to the forefront. Much appreciated. I was trying to convey -- maybe inartfully -- that TDGI is not a pump and dump at all, but I wanted to make sure that the conversations don't start turning to now that we have the float locked up, where are we going to sell at. That's the line I was talking about. Wasn't trying to cast a negative light on you or anyone else, just wanted to remind people that we are on a public forum, and talking about float locking and then selling at a predetermined price gets fuzzy. All's well, I hope you aren't offended by post...
I think the concept is great, but being in the legal field and having worked with SEC attorneys, it's touching a fine line of securities fraud. Here's how. Say all of us on iHub lock up the float in TDGI. Say only ONE person whose name is on the "share tally list" that we have posted here publishes a false statement on the internet on another board that causes the price of TDGI to soar. Then iHubbers sell out and cause the TDGi to crash. What just happened is what many people get indicted for. Now, I know that's not the intent here and I'm just really musing, but all it takes is one person with a bad motive within the group of investors to draw SEC attention real fast. What's funny is the SEC does nothing about market maker manipulation and hedge funds, but just try to pull a pump and dump -- and leave proof of such sitting on a message board no less, and you'll end up being contacted by the SEC in short order.
Before I get flamed, I know the spirit of a float lock is a fun concept. This isn't directed at anyone on the board, but more of an informative post. I enjoy seeing how many shares we have collectively as anonymous posters on iHub. But starting to talk about float locking and possibly selling at a predetermined price (which hasn't been done yet) touches a fine line I think we'd all be better off staying away from. Just keep it fun - the purpose for which it was created.
I'm gonna send him a friendly note -- not asking any questions for once - but rather sharing with him the rather astonishing support people in this venue have for TDGI and him. I know if I were him I'd get a kick out of it. Consider it done.
Should we send a link to the Google doc spreadsheet to Eric in an email? He may be quite surprised to see the amount of support he has... I know I'm astounded at the amount of investors in this little venue here.
I'm holding and accumulating. No shares will leave my account until plans that have been laid out via PRs have come to fruition. This is an extremely rare find, and I plan on having the patience to see it through. Will be a life changing event for me...
On behalf of the board, thanks for taking the initiative to do this. I look forward to see the growing number of shares we collectively own.
Maybe I'm missing out on something, but a simple Google search shows someone else has the U.S. distribution rights to Secret of Kells. In what capacity would Hannover be able to get any rights to Kells, DVD?
http://www.awn.com/news/licensing/gkids-acquires-us-distribution-rights-secret-kells
If Hannover has the right to Kells, we'll know about it soon enough via PR. No reason not to announce that a film they have distribution rights on was nominated for an oscar. I'd say if we don't have a PR about it today, it's an irrelevant issue...
We're on the same page. Their uplisting goes hand in hand with filing audited financials and getting Q1 numbers filed timely. But the pursuit of the Hemdale name is hanging out there, and as investors we should keep this in the back of our minds. I'm sure they have a master plan that involves the Hemdale name. But they are generating revenue even as we speak, and progress is being made. If I were to look 6 months down the road, I see potentially an uplisted, profitable company whose ticker resembles nothing of its current symbol with a few films in theaters. That's HUGE progress, more than 99.9% of the stocks on ihub.
Exactly, and that should be very telling why they haven't done anything. One can infer that if they don't want to delay uplisting one to two months, things must be in the works. Appreciate your response.
I think you're barking up the right tree. But based on what I've seen and learned about the principals of Hannover, they already know this and something is in the works. Without starting any rumors, I believe -- as has been mentioned here before -- that since they are pursuing the Hemdale name, they probably are waiting on that to either come through or fall apart before they do something to change the ticker symbol. I'm sure they'd love to get the Hemdale name, PR that and at the same time announce a ticker name change and an uplisting. It would only make sense. My gut feeling is that truly is the only reason they haven't done anything yet -- that and the fact that they've obviously been busy per all the PRs. I think the fact they haven't done it yet speaks volumes on their intent. To me it means they are working on something bigger. They've already given a few clues through PRs what their intent is with the Hemdale name. I think if the Hemdale name acquisition falls through, you'll see in short order a ticker change to Hannover.
It certainly wouldn't hurt to shoot them an email and let them know about the pollution of their brand by keeping the existing TDGI name and symbol. I've found it difficult to get people interested in this stock due to the fact that I tell them about the reverse merger, etc., but when they go to do some DD they find a bunch of stuff about a real estate company and a former CEO who rode horses...
Great find! Seems that all your questioning has led you on a quest for facts to share with the board. We all appreciate it! Let's hope we do not have a "Tigerland" on our hands here (from the Schumacher list)
No, I think unfortunately they will narrow the range before open. Nice to see, even if temporarily. A promise of what's to come..
NITE at .0399 on ask...
{EDIT} ARCA moved up to .0295 as I typed... {EDIT}
ARCA is stuck on my Etrade Pro level 2 at .028. ARCA was there earlier on level 2 at .027 with one ask of 35K. Weird day of trading today, but I'm enjoying watching the activity and level of interest here...
Is ARCA stuck on the ask on anyone else's bid/
Bid now higher than the ask. .0261 bid vs. .026 ask. Weird...
Someone is pushing this down right now, great buying opportunity... ARCA is systematically lowering their ask right to the bid...