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yeah...not even worth posting til it does. i'm worn out by this crap!
I'm convinced we need a big move...$2-3 in VRNG because VRNG always seems to pull back when it runs .50. Often, like yesterday, COIN will run with it for a little while but when people become convinced its not "the" move they bail out and you get back to UNCH. JMO
That is my general assessment but who really knows. Need a real VRNG breakout!
If VRNG moves up $3 in one day what pps does COIN hit?
I'm getting so friggin bored waiting for the VRNG pop, which is coming by the way, that I have to resort to these parlor games. Those of you doing a straight math equation are bound to be wrong as these things never play out that way. I think if we see a 75% or better pop in VRNG in one day COIN goes past .03 to a new "recent" high. The frenzy and speculation will take it there not a straight math equation. JMO. Would love to hear from some regular posters...DET THORNE try to enlighten us just for some fun while we're passing the time.
this won't move up if vrng doesn't. why don't people understand that?
Companies only reverse split when they have to. What are you smoking!
I would think we see buying pick up in the last half hour. Who wants to be out of this over the weekend when anything can happen? You might want to buy now as you may wind up paying what you got out at if its too late. JMO...this is going to a new high next week.
This stock is incredibly volatile. I have said all along its a lottery ticket. It may run a little, it may run quite a bit or it may stagnate. We're really not going to know until next week. I don't think anyone should expect to see a r/s anytime soon. I think if conversions are taking place they will be sufficiently small enough to keep the PPS around where it is, or maybe a little higher, by the time we head into the 19th. I expect a 2PM PR on the 19th and it should be an interesting late day of trading and on the 20th as well. I could be totally wrong though...have been before, quite a bit actually! GLTA
The authorized shares are now 1bln. I do not see a r/s anytime soon. I think we will see some conversions but they will try not to hammer the share price prior to the 19th. Good chance this has another run. JMO
Appreciate the thoughts...I'm holding over 9M shares which is quite a bit. I have held out for this merger and the court case...only reason I bought COIN in the first place. My average is a penny but still that's $90K. I want to see a move above .02 which I think is only possible if VRNG drives well into the 6's. I don't think it makes tons of sense for the conversions to go on full tilt because debt holders are only screwing themselves. If they take it too low its too hard to come back from but having said that I've seen much bigger POS stocks with A LOT more A/S and O/S jump. No matter what this is going to be interesting. Someone bought like a million shares near the close so perhaps that augers well. Good luck to you as well.
in that case what do you see possible as a post merger high?
What are you thinking at this point SmarTrader? I'm still holding a lot of shares...maybe I'm a fool but I see at least one run and maybe two as a possibility here.
Why sell now with the merger coming up next week? Just curious...I wish you well though!
wrong about what? I was questioning another post that said he expected a spike by the 13th. I asked why. But as far as the merger I completely agree...it's a foregone conclusion BUT I think there are a bunch of naysayers still trying to muddy the waters with talk of the merger not going through. While that may just be message board morons I still think we will see a spike after the results of the vote are released. Its just another confirmation of things moving forward. I could be wrong but I doubt it. Time will tell!
Why 7/13? Are you expecting some sort of news prior to the shareholder vote on the 19th?
Vringo shareholder meeting to approve merger with IP, in which COIN owns preferred shares that translate to 600,000+ shares of VRNG common stock including warrants. The 19th is a big day for VRNG and a big day for COIN.
$7...maybe more. Its sort of the one red herring that naysayers still have out there. Once that is knocked down the only thing left is the trial, if Google lets it go that far, which it does not seem sensible to do at this point. I expect this to move up into the July 19th shareholders meeting. For many big boys the optimum time to buy is now. The speculation/risk of the Markman Ruling has now been removed and the price is still at $4. This will not stay here for long and I think people know it. Would not be surprised to see a $1 move this week.
Dude, there is no reason for VRNG to have a r/s. The warrants in the current deal would give them $60MM and the stock is hovering at around $4. Merger requirement was to be above $3. Stock goes up from here in advance of the merger as well!
The facts are these...
as I see them. Conversions will happen but it makes sense for Hudson to wait on a potential surge in the PPS which could well happen once the VRNG/IP merger has been voted on/and or finalized. Should VRNG spike to a significantly higher level, COIN may chose to simply pay the debt from proceeds realized from a sale of VRNG stock or may choose to assign shares of the same. What cannot be disputed is an increase in valuation for VRNG is very helpful for COIN. COIN is nowhere without VRNG. Keep your eye on VRNG. When VRNG pops so will COIN!
It doesn't make sense for them to sell them at that time if the share price could be 10-15X that in a couple of months. We're just speculating here so anything you or I say has zero impact on what they are going to do.
What say you DET THORNE??
Unless VRNG pops COIN drifts sideways to down. It does not make sense not to hold this until at least the 19th IMO.
Dude no need to be a doosh over here. Get going on vacation already and leave us alone. We got your message about 100 posts ago...thanks!
right with you on that P.S. Maestro....
If there is any whiff of settlement news it will run and it may run once the merger is completed...
how often does that happen???
The next catalyst will either be some material news about an investor or a settlement or something or the merger vote and close in July.
The reason it hasn't run the past couple of sessions and dropped like a rock is because people don't think it is real and panic sold when it dropped and it then dropped precipitously. I agree that APS is the catalyst but people are on here disavowing that the company is real and the evidence doesn't support that. The company and the technology appear to be quite legitimate. That is what I am saying.
I agree with you. Their technology completely makes sense and if it delivers even close to what they expect the company will do well.
me too...I think a bunch of morons are reading the new filings for VRNG which contain the same information that has been around for months (all of the merger details). That is what happens when not enough true longs are in a stock. People do no DD, react with panic and sell. This will go back up once all the wankers are out! JMO
Sorry dude...I just realized this is another tool who is reacting to the new postings and does not know the history.
I see nothing that a r/s is confirmed. They have said all along it might be necessary to meet listing requirements and this doesn't look like anything new. Am I missing something?
They will keep covering it and I bet you will actually make some money. If you sell right away you are a fool. After sending an email out like that there is no way they can pull the plug. JMO
Nasdaq showing a 35,000 order that went through at .81 at 4:02PM.
totally agree
No...they will really look stupid after leaving that banner up on their site all day as new members are signing up for their reports. They will ride this out until the stock stabilizes, then they will go away and it will drop. Seen it multiple times.
This will go up tomorrow. APS is not done with this. Banner is still up on their site. We will get an email after close.
This will go up tomorrow. APS is not done with this. Banner is still up on their site. We will get an email after close.
Thanks for sharing...
VRNG News will send COIN higher today-get in NOW!
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_C/threadview?m=tm&bn=72004&tid=126987&mid=126987&tof=2&frt=1