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Volume has dried up. All shares are locked. MMs will be able to take the day off :)
Excellent post and great examples of InterCloud's extremely relevant business model and solutions. I would not be surprised if they announce a buyout offer soon.
Of course that is their plan. They are in the driver's seat for now. The debt holders are passengers.
eTRADE PRO clearly shows 6/6. Sorry!
https://postimg.org/image/s2m1l6aoh/
eTRADE shows 6/6 for earnings. They are the most accurate from my experience.
Your plan makes sense. Just thinking they are in the final stages of negotiating an asset sale (or even the whole company sale) and that is why they are not doing the RS. It's not out of the realm since they basically telegraphed these things are in the works. We will know soon enough.
Agree with your approach. However, the company knows the debt holders are salivating while they wait for the RS. ICLD will surprise with big news before they enact the RS. That is why has not been done yet. From their perspective it is much better to pump the PPS before the RS. Expect it.
This is scalping 101. Well done MMs!
This is a last-ditch effort by the MMs to grab cheap shares. Only a fool would sell at this level. I think we are seeing fake trades right now. If I am correct, the PPS will move back to where it started or above by EOD.
Munro and Sands know they stand to make millions and indirectly accumulated tons of shares at rock bottom.
They can't release news until it is ready. Patience will win here.
According to their recent filings, they need to do the RS to reduce the outstanding shares to allow more debt to be converted to shares. The RS will reduce the OS to 125M which would allow another 375M shares to be sold as by the debt holders to pay down the loans. However, I believe they have some wiggle room on when they actually do the RS. There is no immediate need until the debt holders demand it. We will see.
To me it seems like the MMs (and everyone else) know an asset sale is pending and they want this to dip one more time like it did in late February so they can buy before news is released. Ultimately, there will be an RS and then it may get hammered, but they will not waste that bullet until they drive up the PPS IMO. This is this the dip before the rip!
Are you thinking .30 - .50 before RS or after? Cause that would only equate to .075 - .125 if the later? Just curious.
My realistic target is .12 - .15 before the RS, which would be 60 -75M market cap. Of course no one knows what will happen. GLTA
Agree. There is little value in any info obtained from IR. Even IF she has noteworthy information she would not be able to divulge it. Everything she told me has already been released in news or filings. We all just have to wait for real news.
You are trying very hard to convince people to sell! Why do you care? You realize your posts have the opposite effect, right?
Shooker bought a $hit load of shares in December. Link below. Think MyFly!
https://www.sec.gov/Archives/edgar/data/926736/000121390017000810/sc13g0117a2forward_inter.htm
Convertible lender Shooker owns shares. Connect the dots. This is not rocket science.
https://www.streetinsider.com/SEC+Filings/Form+SC+13GA+INTERCLOUD+SYSTEMS,+INC.+Filed+by%3A+SHOOKER+DOUGLAS+R/10392545.html
They are waiting for the asset sale to complete before releasing news. This allows the lenders and ICLD mgmt. to buy shares cheap. Remember, they work together. Link below.
http://auerbachacq.com/who_we_are.html
Good point! You too!
No sellers here. Just shorters waiting for the RS and longs waiting for asset sale news.
Backing up the truck here!
Good point!
Thank you for an informative post. I will sell all of my shares asap!
He doesn't need to "turn over a new leaf" He just needs to pump the stock as he's done in the past. He just finished the engineered dump and now he will pump. That is why it is called pump and dump and pump... I know deep down you understand how it works and are just trying to game everyone with your ridiculous posts.
I trust eTRADE's 6/6 date over the voices in your head.
You have no influence no the PPS. There are 500M shares OS and most are at a cost basis of .05 or lower. This is the bottom and you can't do a damn thing about it!
Thanks Applegreen! I will base my trading off of your "feelings" LOL
I have eTRADE and it shows 6/6/2017 and the next earning date
My guess is they adhere to the 45 day rule and report by 15-May
And the "craziest post ever" award goes to orfi!
The day is not over yet
500M shares OS and less than 3M shares traded? Even a moron can see there are no sellers at this level.
Basher X thinks it's "nutty" to consider debt ratios when valuing stocks. He uses his own proprietary methods. LOL
Great post and good advice!
I agree with the first part of your post. My feeling is they will get the pps up as high as possible before enacting the RS. Question is how high will it be pumped? Then, as you say, some will be trapped and the near term effect will be to short the RS and dilute more. Long term, anyone in at ..06 or less will make $$$
More like visionary! Shotsky's post was spot on!
Nice post! Hopefully, this will help basher X understand how stock are valued. He seems to think reduction in debt with little or no impact to revenue is a bad thing. Of course, he knows it is a positive and of course everyone here knows he has an agenda. It's just fun pointing it out!
We will see.