And the way I see it, ladies, you owe me for one jelly doughnut!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Probably the sub-moronic notion of the 'lottery ticket' scenario.
What ?....the idea was to send their apparently mentally challenged CEO on social media to make sure everyone knows he's a moron ???
According to the mentally challenged individual who claims to be Nulixo's CEO they are self funding.
In other words Nulixo has no investors and doesn't have to worry about 'follow through'
It's astonishing how anyone could believe they are somehow an investor in Nulixo and claim to have some sort of obligation due to them.....
LMFAO.
P2O did have a VC.
His name is Rick Heddle and he is owed about $14 million for his capital investment.
No new White Knight is riding in with a wheelbarrow of dollar bills while Heddle is owed that much cash
LMFAO.
Grasping at Straws !!!
Nulixo/P2O
Econavigation/P2O
Veridisyn/P2O
RockTenn/P2O
Al Sousa/P20
Jacksonville/P2O
Rick Heddle P2O Ships/P2O
Agreed ! Don't underestimate the power of actually never actively trying to buy PTOI shares by bidsitting !!!
Rule #1 in how not to actually want crap shares in a garbage company...... bidsitting !!!!
Whether this is the actual short position or just a residual amount that hasn't been settled for the daily trading is unclear.
But it is the actual short position for today at the time they accumulated this data.
Short Interest (Shares Short)
9,200
Short Interest Ratio (Days To Cover)
0.0
Short % Increase / Decrease
-7 %
Short Interest (Shares Short) - Prior
9,900
Shares Float
Trading Volume - Today
Trading Volume - Average
232,500
https://shortsqueeze.com//shortinterest/stock/term2.php?s=PTOI
You don't think that if Heddles suckers a mentally challenged individual into buying a processor he isn't going to just keep all the $$$ ??
Why wouldn't he ?
He is owed well over $14mm.
The one boat I'm positive nobody is in is one of Heddles P2O ships.
To da moon !!!
A fraction of a penny a year !!!
No Reddit'ers to the rescue.....hopefully folks took advantage of that premarket burst last week and took profits.
The market seems to be reacting to the bad earnings report and dilution news now.
Some words of truth from a guy I grew up with....
FINANCE 101: Short selling benefits society/markets because touting is far more pervasive than short selling. It exposes over valued stocks (there are legions) and frauds (many). There are far more fraudulent longs than shorts, and I have not been easy on short sellers see $TSLAQ https://t.co/3y1GKEHAZt
— Charles Gasparino (@CGasparino) February 1, 2021
Am still amazed that traders, both amateur and professional, do not comprehend that every share sold short creates an additional share “long” in the float. And that shares can be lent multiple times if the buyers hold them in margin accounts. Back Office 101.
— Diogenes (@WallStCynic) January 27, 2021
I would have to agree.
This is multiple billions of dollars moving in and out daily BEFORE it was national news.
While I would tend to agree with the article Janice posted to not underestimate the folks on Reddit.....they figured this out possibly and realized they could manipulate this security.....I just have to believe that either someone in there was working for someone.....there was an entity that joined in without Reddit'ers knowledge.....or something of the like.
The dollar amounts needed to finally squeeze and make these hedge funds capitulate are staggering.
I just have to think the original crew behind this has nothing to do with Reddit other than using it as a cover.
There is some real deep pockets involved here.
Two things are evident with scams ......either they are novel or they are from the same playbook and rehashed.
This might be both.
American Airlines plans another $1 billion stock sale after big rally
https://www.cnbc.com/2021/01/29/american-airlines-plans-another-1-billion-stock-sale-after-big-rally.html
Wishing to become a pump and dump....and then bragging someone in for family is actively trying to make it happen....lol......you can't make this crap up.
Good move.
After the 3rd quarter earnings came out this stock took nearly a 20% loss over the next 4-5 days.
And the market knew ahead that the numbers were going to be bad.
The PPS wasn't bakedin with the expected bad earnings.
So what happens now ?
The market knows these 4th quarter numbers are going to be bad again.....some estimate worse than Q3.
Are these prices we see baked in ?
This might end up being a real good entry point if it takes a dip at earnings release.
Dd someone dump 3 million shares at the close ??
Yikes.
Hold on.... we've been told it's a sooper dooper lucky privilege to be able to hold onto this garbage for years and make no money !!!
And actually given the opportunity to go for more years and make squat.
Ya never know with this company... that's part of the beauty of holding a call option with no expiration date.
POS penny stock pipe dreams heard a hundred times a day across the waste land of crap bullshit companies.
This load of garbage is 10's of million dollars in debt.
You can't assign real stock prices to a company without factoring in real stock financials.
Nobody actually knows....you can only project.
And this airline has been reporting it has been flying almost 50% less of it's flights from the previous year.
Could the reduced flights mean the lower earnings are baked in ?
Maybe....maybe not.
I just won't buy before an earnings report on a company with high debt and vastly reduced revenue estimates.
If I'm wrong I don't lose a cent.....but if I'm right I get the opportunity to catch a low.
Earnings at end of the month are going to be horrific.
Too risky to buy anything before that unless there is a drawback.
And the overall trend is downward since this peaked a few weeks back.
But who knows....the pandemic plays are bipolar.
But for a last line of a correction
that gap is as good as any.
I thought this week was the P2O cross...or shower....it was something golden.... and it apparently happened today and it was highly anticipated by shareholders.
That 13.58 gap is getting closer.
Amazing !! The six month chart shows this POS rose $0.0013 of a cent in that time frame.
Pathetic.
These folks are short AAL.
Expecting BK in the future.
Who knows ?
https://seekingalpha.com/article/4397863-american-airlines-reality-is-to-hit-home-hard
Whoever wrote that quote can't spell and has the grammar skills of a second grader who ate too much paste.
Who could possibly take anythng written that way seriously.
Good grief.
News flash....the mentally challenged supposed CEO of the other company didn't give any info about P2O progress either.
He decided to use a penny stock forum as his IR and did a piss poor job of it also.
Nothing he said is verifiable and almost all of it meaningless.
Seriously ....a supposed company CEO comes on a penny stock chat site and says don't worry....we have millions of dollars in escrow....but it takes time.....we are waiting for everything to be put in place...lol.....yeah....never seen that before on IHUB.
LMFAO.
Don't you have a legitimate IR ?
You know....the dept or individual that legitimate and reputable companies use to release and access information.
Why do you feel the need to use a penny stock social media chat board ....that is rife with scam companies , pump and dump schemes, and swindlers preying on the gullible....as the platform to announce what is going on with your supposed company ?