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looks like a small window of opportunity to top up your position in the first hours as precious few are aware of the coming events. But in all liklihood if you are not in now it is too late.
Brain dead investors SHORTED 1800 shares today
The FNDM board on ihub will be going nuts on Monday
And the beauty is a 100 share trade moves the market price
Where is that guy that had all the connections?
Praise God!! ihub has an ignore button
So, captgor, Whats your point? We know all about Galanis.
captgor seems to have an I told you so agenda. we are all prepared to lose it all but he keeps this up for whatever the reason. If we lose we lose but we are riding this train to the last stop on the line.
Charger,That can only mean there are a lot of shares shorted, I would hazard a guess at 100,000+
That pretty well confirms that the float is locked up. I would guess that the longs on this board hold 10% minimum. That is only 90,000 shares.
chris20 I am unable to reply on ihub. I will say that it will take more time for Noah to raise outside capital so do not count on Oct 22 as being PAYDAY IMO
I would venture to say it is an educated guess. It does make a lot of sense though.
No matter what, even in the worst case scenario FNDM still will owns a percentage of Advisors. The put up the initial seed money and paid Noah's salary until they were frozen out of the deal. Advisors has grown by leaps and bound, so even a tiny percentage ownership must have some value
I assume that the bigger the settlement the bigger the legal fees. It would appear IMO that it is best for ADVISORSHARE to settle out of court. From a risk/reward point of view the biggest potential reward for FNDM shareholders is not reaching a mutual agreement but having the Judge make the decision and if in our favour, fees are paid by the defendant.The longer this goes with ongoing revenues building for Advisorshare,the bigger the potential payoff for FNDM. Hey! I think I want this case to proceed to trial
SHORTERS!!!!! Start your ENGINES!!!!
I think I will sell all my shares and short even more. Thanks everybody for pointing out my error. I did too much due diligence on this one and should have went with my initial opinion based on the history of the people involved. Instead I looked at the strength of the legal case. How stupid of me. I am sure the Judge will base his decision on this as well and dismiss the case.I will sell all my shares at the bid and hope I can short a bunch. WHAT A WINDFALL.
I believe Noah will be asking the judge for more time to complete his building of a large ocean vessel, presumed capable of surviving a catastrophic flood
When is the next meeting scheduled?
Oh! Oh! OTC-Unlimited is short here and needs to cover. Scare tactics attempt will not work
Unless one needs to exit early, the price today matters not, excepting of course, if you want to top up your position so let them hammer the bid.
Most here are placing bets on a blockbuster settlement and not the current share price.
800 Shares reported as shorted today
Lets hope those 1541 shares sold today were all shorts
It seems pretty far fetched a story to be believable
Are you sure about that justincase?
LTDCInvestor picked up 400,yours truly picked up 200, somebody traded 46 shares and shorty sold 500 to us.So really only 100 shares actually were sold. As long as shorty keep selling the bigger amount he needs to eventually cover. Maybe I should ask for delivery, but then it is probably naked shorting any=way
and a 100 share fill. tighter than a nun on sunday
Just for fun,I put in a buy order for 200 shares at 1.00 to take out the 100 offered and see what happens with the remaining 100
I see the ask is down to 1.00. I wonder how much is offered?
Does anyone know what transpired today
400 shares shorted today
Thanks. I always assumed that but reading and re reading the notice and the way it was worded had me confused, so these guys own a little over 18%
Clue me in here on Thomas Braziel and BE Capital Management. Security and Exchange Documents show as follows Aggregate amount beneficially owned by each reporting person:BE Capital Management Fund LP 159206, BE Capital Partners LLC GEN PTR 159206, Thomas Braziel,Managing Partner 159206 David Earls, Managing Partner 159206 If I read this right, I assume they hold a total of 159206 X 4 = 636824 shares or 73% of the company.Is that correct or do they together hold 159206?
If that is the case, even if the courts decided that Advisory return the money, case closed, it would work out to 5 bucks plus a share. Not good for most but at least a 5 bagger for me and I foresee a settlement a lot higher than that even in the worst case scenario
Any Idea? FNDM"S original advance of money to Advisory, Any idea what that is worth on its own?
I see some offered at 1.00 today hmmm?
I can understand 100 shares being put up. Someone who had 12000 shares before the 1/120 reverse split and not having kept up on the situation might think recovering 100 bucks is better than nothing. I am certain this has happened more than a few times. One might have to do 5 or 6 trades just to gather 1000 shares at this point
Very few people are aware of this story
That's OK, Shorty will get a call from his broker soon enough to fill your $50.00 offer
Yes, Time to call it a night can't see straight. I wonder what tomorrow will bring
Hey ulysess. Are you the same guy that asked me about FNDM on Pinnacle?