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CDIO about to reverse.
CDIO soon to reverse!
Check out his track record on SQQQ. That should give folks an indication of whether they should listen to him or not.
Remember back around the 2,000 year time period with Pink Sheet Stocks? Toxic financing (PIPE) loans were rarely heard of. The procedure was very cut and dry. The CEO of the company would build interest in his/her company by releasing frequent PR's that gained a lot of attention. Momentum traders would acquire tons of shares on the cheap then work with their buds to hype up the company. The MM's cooperated and it was not uncommon at all to watch a $.0002 stock move to $.03-.05 a share on little but hype and momentum.
But that's beside the point. When everyone had to own the stock as it was moving up higher and higher, the CEO would start selling some shares to pay bills with. He/she would do it wisely so as not to kill the upward momentum. A CEO with half a brain could minimize dilution because the share price kept going higher and higher. Up to $.10. Up to $.20 and higher ... all on hype and momentum drive.
What the HELL happened then to this way of so many making a killing in these Pink Sheet stocks? Toxic PIPE financing of loans.
If CEO's are SMART, they'll go back to that old way of doing bidness. Currently, appears they have nothing to lose. But they need to assure investors they will NOT take out toxic PIPE loans.
Cheap piggies! YEAH! Maybe everyone will now start saving on their meat bills and load up on pork. And watch the beef brokers die on the vine!
Five months back roughly buys $1,000 of T shares is soon to be worth $2,000.
Will buying T shares say at $60 a share about now net you $120 per share by November election time? Wouldn't surprise me.
We'll come back to this post roughly 8 months from now just for the heck of it.
As the Mega Tech stocks keep getting bought up and inflated beyond sane valuations to placate the 401K voters ultimately ...
Let's deal with a real life situation: A guy goes to his doctor and says, "Doc - my hearing is getting so bad I can hardly hear myself fart anymore. Can you do anything for me?"
Doctor writes out a prescription and hands it to the patient. Patient says, "Will this help me hear better, Doc?"
Doc replies, "No ... but it'll make you fart louder."
... And the friends you have that have a crap-load of possessions.
OR - maybe a southern Cartel wants to buy out the company? OR - maybe some Saudi Arabia oil conglomerate wants to monopolize the EV bidness in U.S. cities. The speculative "OR's" can be endless I suppose, but one thing I'm quite convinced of: There's SAFER places to put one's hard earned cash to speculate with. Least for me.
Once they pump mega tech stocks high enough in valuations to pacify the 401K voters and the Funds they sleep with ... MAYBE (fingers crossed) - MAYBE - some of that "nervous" cash will start coming back into these worthless mini Nasdaq stocks again so we can get some momentum going again?
I was thinking the same thing -- cancel the offering shortly after the open this morning and attempt to trigger a short squeeze.
Remember - never underestimate the 401K vote seeking strategy.
Buttcoin heading over 50,000 soon?
Actually - I'm not CONVICED the company is at any fault either. Something tells me there's a constant HUGE short against NVVE and I would look no further than an MM or two has a vendetta against the company. And/or maybe a hedge fund company or two. Or ....????
About a year ago roughly the company hired a firm to investigate illegal shorting against NVVE. That may have set "WAR" in motion to keep a constant lid on NVVE ... who can know?
At any rate - something just isn't making sense. Stock should have been up to $2.00 today by close, but keeps slipping backward consistently. Potential buyers aren't confident in taking positions.
Maybe they'll call off the offering tomorrow and this will bring in some fresh buyers. Or maybe it wouldn't do jack-diddly.
Whatever - I'll sit on the sidelines and have "sitters remorse" while everyone can make tons of profit.
Best of luck.
Who triggered the sad selloff this morning FIRST? Retail or insiders?
SNAZZY-DAC going to go crazy tomorrow ... as in Steriod UP!
To keep immigrants out you suppose?
I'm out. Not willing to risk my money with this very "iffy" operation any longer.
Best luck to all who rides the ship.
Priceless post. Thank you so much, sir!
PLEASE do NOT bring up TDA! That back street slime ball operation cost me $1.3 million dollars when I could least afford to having them rake me through the coals.
Uhhhhh ... like it was the sum total of my RETIREMENT savings taken away from me in ONE HOUR in March 2003 and I couldn't win a lawsuit against them because they wiped out my transactions numbers on two different accounts within minutes and I had no written proof to win a case.
That went on as WELL!
And remember back in late 2003 when NBC was going to run a 2 hour TV special in early 2004 they were going to title: "STOCKGATE EXPOSED!"?
Without making it book-length ... because it CAN be made that long to fully understand the crookedness that goes on in this financial world ... there was ample evidence to be exposed on the 2 hour NBC special that brokerage firms were loaning out oodles of shares to short they didn't even HAVE! (i.e., digital shares).
And then it went even higher. Market Makers were naked shorting digital (pretend) shares like the number of stars making up the galaxies ... and no one was holding them accountable for doing so (because back then, the SEC claimed naked shorting didn't even EXIST. Yep - and earth is flat).
I can remember sharing on many stock boards that the corruption ran so high that NBC would NEVER be allowed to release the special. Guess WHAT? It never ran. And there was no public reason WHY it was never allowed to run.
One thing I'm convinced of. Whatever the CIA gets away with and risks having it backfire publicly is KIDDIES PLAY compared to the risk of exposing the crookedness that goes on in the Shock Market world.
And I've said it hundreds of times before and will keep saying it until I die: "You'll NEVER have a Market Maker write an HONEST book exposing what REALLY goes on day after day, year in and year out, with stocks ... especially the cheapy stocks. That person would be dead by sundown.
The SEC and FINRA doesn't want to mess with cheapy stock companies and the BIG PLAYERS not only KNOW that ... they take full advantage of it.
So the raping of share prices continues on and on.
But hey ... now and then a "blue light special" comes along, and you can buy a gallon of milk and a loaf of bread from the profits you work hard at making.
LONG LIVE HONEST PROFITS!
And the savvy OTC CEO's who learned how to make millions from PIPE toxic financing arrangements has moved their lawlessness up a notch ... bringing it to cheapy Nasdaq land stocks.
For those who weren't around going back to the early 1998 - 2,000 era, there were many millionaires who made their riches playing OTC penny stocks. They laughed at playing big board stocks. I was personal friends with a few.
They ALL had ONE MANTRA they gave clear agreement with: "It is TWICE as easy to make 100% return on your money SHORTING a stock than hoping to make 100% on your money going long."
Well ... all one needs is a comfy relationship with just ONE off shore hedge fund that the SEC (fed. gubment) has no authority over to stop naked shorting by them. (And that can mean a boat floating half a mile out at sea with wireless Internet capability!).
Some years ago now OTC stocks went through a period where there were lawsuits either being filed (or being considered to be filed) against the CEO's of these little companies on allegations that the CEO's were PURPOSELY making sure their shares prices would drop because they were working with off shore hedge funds who could naked short and the SEC couldn't do a thing about it.
Eventually the thing quieted down (shuffled under the rug???!) but it was never officially determined whether there was any substantial proof behind these allegations or not. The "fruit" of the decreasing share prices certainly gave plausibility to the matter, but hey ... you know how off shore hedge funds' SECRECY is guarded.
With the increase of offerings hitting companies in Nasdaq land now with sometimes little to no "sound" reasoning behind them to help the share price actually increase, it would appear, one has to begin to wonder if insiders shorting their own shares via connections with unscrupulous off shore hedge funds is gaining momentum once again?????
Just things that makes one go: "Hmmmmmmmmmm ...?"
I don't think many who read this board came to understand today what has gone on with NVVE.
1): They just DID a 40-1 R/S a few days back, so that "bomb" has just been detonated. They say they now have only 1.3 million shares after the split. Not something to sneeze at.
2): Then they dropped the OTHER "bomb" this morning that they will do another offering to go into effect this Friday, February 2nd. Offering at $2.00 a share if it passes.
Tell me what I may not be seeing here. Stock closed at $1.40. I see a $.60+ profit per share in the very near future. This looks like a pretty sure gamble to me, but I don't want this to come across as a pump. Just looks to me like a low risk investment in the short term anyway.
Your post should be posted on the bottom of every computer monitor screen for those who need to stay SOBERLY reminded.
What every southern immigrant brings with them into the promise land: Wire cutters.
What southern immigrants bring with them into the promised land: Wire cutters.
Betcha Barack would be tellin' folks to load up on NVVE this morning as well.
Had to be a HUGE short this morning on NVVE to bring it as low as it currently is. I see that as a HUGE POSITIVE for long value investors. Wish I had more cash to take advantage of these prices! Grrrrrrrrrrrrrrrrrrrrr ....
Love these discounted T shares. Lower she goes, the more I'm accumulating.
In a blink of an eye the big boys will flip the "Nasdaq UP Switch", and T will be over $60 a share faster than starving alligators being released in the Rio Grande.
Santa has SURELY come to town! Love these cheapies!
Thanks
Maybe Elon's crew to buy out NVVE on the cheap?
Betcha Buffet's team is buying shares hand over fist this morning!
Bought more NVVE at $1.19. HUGE giveaway!
Got some NVVE discounted shares at $1.40.
Your posting today made me look deeper an deeper at MARK. THANKS for posting!
Thanks for posting! Glad they held off filing the 8-K until after the market closed. Made for some great scalping, didn't it.
I'm out as well - again. Not going to risk "5 p.m. traffic"
When the big Microsoft news hits, I might buy back in again at $5 or $10 a share, just for giggles.
I scalped some myself, so certainly thankful for the easy profits.
Yet waiting for the axe to drop. I'm not believing the tweet was valid.
Looking for MARK to drop like a rock AH.