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I have heard, though not verified, that it is MMs trading amongst themselves to cover everything from the previous day and get their books straight. Some may have more than needed and others less.
It makes sense, but again, that is not verified information.
LOL!!!
Some people sell when their profit reaches a certain percentage, no matter what. They would rather lock in 10% or 15% than risk losing it. These people just follow whatever is up and don't bother with DD since they are in and out. Usually, they are happy as clams with their little percentage and feel superior for getting a consistent 10% on their investments. Yep, outsmarted the OTC.
Nice. If the settlement with GOOG stretches out into next year then they can cover the Samsung note with FAR fewer shares. If it doesn't then they can pay with cash and this agreement is terminated.
From HedgeAppleJoe on Reddit
"Great News and here is explanation why from Chris on Yahoo
LOL So Netlist is saying they will not be paying Samsung back with stock at $1.25 a share when the Convertible note is due 12/31/21. Yet all the sky is falling no nothings are freaking out about the proposed At the Market prospectus! So they gave then about 400k in stock for this "Insurance Policy" on the only significant debt they have on the balance sheet THE SAMSUNG CONVERTIBLE that could have ADDED CLOSE TO 14 million shares. (The SVIB short term debt only other debt backed by restricted cash). THINK PEOPLE. Netlist does not have to issue any shares."
I don't know what this is about. But it looks like NLST maintains firm control of the agreement. "Our Termination Rights - We have the unconditional right, at any time, for any reason and without any payment or liability to us, to give one business day notice to Lincoln Park to terminate the Purchase Agreement."
On the surface it looks like Lincoln Park will buy stock whenever NetList tells them to. It's a way to get cash whenever NLST wants it. I have no idea why but there is obviously a lot going on that we aren't privy to. Hopefully there will be a press release explaining it.
FOMO can certainly be powerful. A nice steady stair step up this week would be great.
They've proven to be quite willing to partner in the past. It wouldn't surprise me if they do so again. A good partnership is definitely a resource.
Nice. I've always felt that NLST was a great company, all settlements aside. Now with the theft stopped and the playing field leveling out everyone will see just how good they are. This is a very long term hold for me.
A decimal place a year. I'm good with that. Very good.
Serious question here. What does GOOG have that NLST could want, other than money?
I've been trying to think of something, with no luck.
Being a poorer country would likely make the ownership of motorcycles way higher. They're much cheaper than cars and are the primary transportation.
That just makes the numbers better. If they push the fact that solar can charge the battery then they are way more appealing.
Going from running the show yourself to having a partner that is a proven thief and has spent the past 12 years jumping through legal hoops, trying to discredit your work and ruin your company financially, before you can make them pay...
I don't know about that. It's business but there's bound to be a lot of bad blood there. Is it one of those things that's not worth the money? Again, I don't know. Stranger things may have happened though.
Please, keep it up Samsung. Trebel damages are at the discretion of the judge.
Won't it be fun then, when things really take off? Just enough can be a beautiful thing.
For me, it's been a necessity, not a preference. I'm a guppy and if I want a bigger position it's what I have to do. Now that I've accumulated enough shares to make a real difference in my life I'm not risking a dime anymore.
Normally I would sell high and buy back lower to fund a bigger position. Not with this one. I'm not risking a single golden share. I may be missing out on opportunity but I'm very risk adverse with my shares of NLST....My Precious!
The intro is looking nice.
There are interview vids with both Hong and Levy on YouTube. A screenshot from those might possibly give you better pics of them.
I took it as you sharing a good laugh. No worries.
Even if it were true, that's an insulting offer.
Gotta love it when Karma comes driving up in a white, Cadillac, convertible, waving a feather boa, ready to kick ass in a big, public, way.
It wouldn't take much. I can see national news outlets picking up the story, after the settlement. Google so rarely gets taken down a notch that it's newsworthy when they do. At that point people will be standing in line to get stock.
Pity. :S
Thank goodness because I'm having to use meditation breathing to not hyperventilate. I need a little time to get used to holding a rocketing stock.
Gold Panda also wrote a article about another stock I'm invested in. If I remember correctly, the DD on him showed then that he's a known shorter, all his articles try to get people to sell and his accuracy rate is somewhere south of 30%.
If he's shorted NLST, right now, then I question his intelligence as well.
Good one! ROFL!!
I'm right there with you. Trying to look on the bright side and be content with what I have, but really wishing I'd bought more.
Ouch. Yes, that would definitely be a learning experience.
I've got the big majority of my shares in my IRA and I'm really enjoying watching my retirement number getting better by the day. As long as there is company growth (not just share price increases) I'm holding.
My car is terminal so the little I have in a brokerage account will probably go, once the price hits a sufficient level. Life sometimes interferes with our plans to hold.
"I used to have NVDA when it was $10. Sold within a few months for a nice 20% gain. Not making that mistake again."
They will certainly add more long-term value than the upfront cash will. Some will want lots of cash so they can sell at the flash but many of the people I have seen online intend to hold indefinitely.
Doesn't get better than that. 100% Buy, Maximum Strength and Strongest direction. Wheeee! Been hoping to go on a ride like this one for many years. So glad I found NLST.
Perhaps the missing ingredient to trebel damages isn't a point of law but lies in making the judge angry. GOOG has a start on that so hope isn't dead.
Makes sense to me. But if these companies were sensible they wouldn't have stolen from NetList in the first place.
Yep. No way can they can plead that a fair settlement will cause them undue hardship.
When it happens it will be quite a story. The Fallen Angel returns triumphant after besting the evil giant.
I'm about to add a little more as well. 1st of July I'll have some funds, from a sale, clear and I can buy. No plans to sell.
I kinda doubt that it will be soon. That's just my opinion though. It's probably on their To Do list but I'd think they'd want to let the dust settle from the legal fights and get their business operations and plans updated and in process. Bound to be lots of changes. New capital = new opportunities. Large NASDAQ buyers will want to see those plans as well. Exactly what will they be doing with that capital to create long term value and justify a high price for their stock?
Would be nice for us....
I really want to see what Crypto currency they will be using. Visa is already in a deal using the Stellar network and their currency is Lumens (XLM).
If so, then, at the rate GOOG is refusing to co-operate, lying, delaying, purposely misunderstanding, wasting the court's resources and otherwise endearing themselves, it's a possibility that, IMO, actually isn't too far out there.
Now that is a proper press release. Substance and information without a trace of fluff.
I'll take the $30.00 spot and be delighted to be way too low.