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I put it up earlier. 188 M shares shorted from WED-FRI of last week. We know 20% of shares are in KCN Capital. Then there is going to be more shares held by insiders as well. If the price runs up, shorters are going to try and cover their position later, so this effectively reduces the supply of shares available for trade significantly. Which, let the basics of economics take effect, along with the news of a tremendous year for business, and you have a stock with tremendous potential for running.
Nice squeeze on Monday.
Half of that was short sales, don't forget!
Record date was already on the 18SEP, though. That just means all those extra shares are going to be in more retail investors hands on that date. That would be a day to probably load more. That day gives people an opportunity to claim their initial investment back, or take a little bit more cash out while keeping a significant primary investment running longer.
I agree with your deductions. There is too much information released properly, and if they were a scam, I would assume stay off of major press headlines. Usual PnD scams I find are the ones coming out in spam in my inbox, and not nearly as updated on major boards.
Any guesses?
I definitely agree. Especially with 188 M shares shorted in last three days. That's around 16% of total outstanding. Add another 20% shares being private placement (not counting whatever shares are held by insiders), and we have an amazing set for a squeeze. Especially with the fundamental analysis making this company grossly undervalued.
What was the response? Was the company engaged to correct their errors? Did you ask them about the apparent address discrepancy?
126 Milllion Shares Shorted Friday! That brings the Wed-Fri count to 168 Million shorted!
http://regsho.finra.org/FORFshvol20131011.txt
How long ago? Have they responded back with anything? I haven't been able to focus on more research. Both my dogs have been sick. It's been a rather disgusting mess.
Markets ARE open Monday. Columbus day is not a stock market holiday. Make sure you don't miss out on the trading!
I am curious as to how would a company like this succeed in carrying on a "scam" for this long, and post positive revenues and press releases without being arrested?
Your "verification" with the property managers is incorrectly worded, and therefor useless. That email is clear, they think you are asking to rent space. Not if they have a tenant that is a collective.
This is going to be another nice runner on Monday.
It is still possible to do, though.
Then why didn't you speak to the property managers instead of the dentist? Your email just asked if they had a space to rent.
Oops, wrong one. Thought I found similarities between this site http://www.brookhollowexec.com/ and their pictures. I won't be convinced until I speak with the property managers.
Found the same pictures here:
http://www.loopnet.com/Listing/17788209/1524-Brookhollow-Drive-Santa-Ana-CA/
You called the dental office? Really? When there is a property manager for brook hollow executive suites?
You asked if they had leasing space! They said, "No, sorry we are full." State the full information correctly please.
They just had a huge short sale yesterday, of course they are. They sold a huge chunk to drop the price before this. The blocking only makes it seem like they are worried about the squeeze and covering their pos!
Peggy you are pointing to info that goes back to sep 30! That is not today. Stop trying to use old information.
What do you mean? What information is presented here that isn't public, besides opinions and educated guesses? I don't understand how you are drawing these conclusions.
where are you finding this?
what is this? what am I looking for, its a large document. and what's the date on it?
Volume still rising, looks like we are breaking 250 M today!!!!
Hahaha. This is very true. Good call, I just didn't know it was going to be so soon! Very happy it did, though. This is primed for an amazing run.
we saw this same formation on the charts starting on the 11 sep, where we started ours on 9 oct. This time, however is accompanied by incredible news for the company, so the value should hold and continue significant growth over the next few weeks (if you go by fundamentals).
check the short sales after market close today.
http://regsho.finra.org/regsho-Index.html
Its going out with a bang.
Load while you can!
I will. I promise you that. If I find that it is all a complete farce, I will definitely report it here. Still, for now, I am going to continue to hold on for the ride.
I suppose people are not allowed to be human. So, you are saying they also posted the other pieces on accident, and you have known this all along? So it has already been rectified, and you continue to post with implications that are worse? I am incredibly confused now as to what influences old mistakes have on their reported profitability?
Sounds good. But right now, until I can verify absolutely everything, and even trying to contact mekonza corp and speak with their investor relations department, I will trust published documentation.
I think the volume is going to end with a bang again. We still have 2 more hours, and 2 very critical hours of the week to have with this kind of a chart.
Those pictures you posted weren't from people driving by Rich. They were from the internet. So who is your source?
I am going for a cigarette, I figure we will be back at .0018 by the time I get back in. lol
I think Monday would actually see a slow down in volume, with considerable gains. More people digging in and holding on, sending the price way up.
Patience is key here...
It's crowning! I can see a head! Lol. Should be as soon as some of the other retail investors turn from offloading old shares from the week that are done, and looking for more opportunity!
Most definitely, might be able to load a little more on some of the bumps, but this one looks great.