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Good for you Ulysessesjr. This is not a sure thing but I have placed bigger bets on riskier situations. I wonder FNDM's original advance to ADVISORY for shares. Has anybofy calculated what that value alone is worth.
Maybe all us longs should put a gag order on our blogs to keep shorty from receiving information that might influence him to cover rather than keep shorting. We don't want him to cover now but later and keep shorting in the meantime.
It will be a laugh when somebody bids 3 bucks and shorty decides to fill it
HEY GUESS WHAT?? 508 shares were reported as shorted today. YAHOO!! Like PT Barnum said "There is one born every minute" and I love it
I thought it had fallen back to 1.20 and was about to put in a bid when I realized it was still trading at 1.75. At one point ihub even showed more volume than there actually was. Having said that, it is nice to know that it is not taking a lot of volume to move this up
I might add that Noah can ill afford to have a guy like Galanis connected in any way to the ADVISORS going forward and must settle quickly. These are my personal thoughts of course
Actually Ulysses blast from the past reminded me of when I first did my research on FNDM and saw the red flag and passed. Then, I realized that although it was a gamble the potential was huge and that very negative history was a big part of why these shares have been beaten down to this level. I am a newer investor than most on this board and if this turns out like I think and hope it will, that report actually influenced my decision andhelped provide the opportunity for me, whether it turns out good or bad. Galanis my have a shady past and maybe a shady present as well, but the LAW IS the LAW and it appears that in this instance. NOAH IS THE CROOK and either must settle for a hefty sum or await the decision of the judge. So post away Ulysses with every negative report or comment you can uncover.I may want to buy more before the window of opportunity closes
These shorters are playing a very dangerous game but I don't think they fully realize their peril in this unique case,however, that is fine by me. Keep shorting The sky is the limit when it comes time to cover
3701 shares were reported as shorted today.That makes for a bigger short squeeze
Maybe I will take it out for fun 100 bucks plus 9.99 broker fee could be worth 2500 bucks soon????
The present ask is 1.00. Why doesn't someone take it out?
This situation is looking even better for FNDM
I had a look at ADVISORSHARES on Twitter which makes me even more excited about FNDM. Bad publicity could result in huge redemptions and Noah, I am sure is highly aware of the circumstances of such.My gut says they will try to settle to avoid risking an unfavourable court decision
Any of you guys planning to put a buy order in on Monday?
WHAT IF??? The settlement goes in FNDM's favour, but because Noah and his cronies have been living high off the hog they do not have funds set aside to cover?? Hmmmm/
How many shares are being offered at $1.00 Does anybody know?
What happened to that guy planning to buy 10% of all the shares or maybe he meant a percentage of 10 shares?
Thanks molybucks, for that information
Can you clue me in on who are normally involed in the discussions besides the 2 party's representatives?
Thomas and his lawyer ere probably a lot smarter than justincase1's lawyer. I would say they probably will not bother to respond. On the other hand, I will gladly sell justincase my shares for a million bucks. My offer is just as ridiculous as the alleged forthcoming offer to Thomas
FNDM expected to rise big time next week. WHY??? Because justincase1 is picking up 10%
A Fly on the Wall??. Is there anyone here that has a friend who knows a friend of a friend that has access to unfolding events that will be taking place at the upcoming meeting
It appears to me that most of the posters on this board have held on to these shares for a long time and no doubt are underwater and have probably averaged down more than a few times. That and the fact that few know of this company and those that do look at the past reputation and decide to pass, which accounts for the negativity in the current price. I have only been a shareholder for a few months and could add a bit more but will sit on the fence for now. The compelling thing is. FNDM's reputation stinks and ADVISORY cannot afford to have its reputation sprayed with that stench if this is settled by the courts in FNDM's favour. If FNDM said give us 5 bucks a share and we walk, I think Advisory would give it strong consideration. Not enough for most here probably, but for me hmmm?
I see them present bid at .51 cents and ask at .55 It does bother me that bloggers here promoting FNDM as a multi bagger are not grabbing more here. WHY NOT??
Is there a site that shows how much on the bid or ask? without paying for the privilege?
3000 shares were shorted today.
It is hilarious that each time the share price rises a couple hundred shares are dumped at the bid price to drop the share price back down
I wonder] what the bid needs to be to get a fill at the present time
Thanks liodog, That explains it
Look at the bid/ask. It is wacky bid 6 cents ask 4 bucks. I wonder what bid is required to get a fill? I am tapped out till month end so I cannot add to my position till then
It just seems to me that Advisory could buy out the shares of controlling FNDM shareholders and appoint their own management and retain the shareholder base and decide to go private/public later, The share price would reflect the amount paid
Would Advisory not be wise buying out FNDM by way of a reverse takeover or whatever to go public, A lot of money was paid for the name or does the name FUND.COM mean little anymore
Risk/Reward Looking at the current ask of $1.24, the question is with less than 900,000 shares outstanding, would Advisory jump at the chance of settling for 1.24? Would they willing pay double that? I would think YES, rather than face a judge's decision.My point is, at the current ask placing a bet on this stock that will pay off, has pretty good odds for a minimum double and potentially much more
2456 shares reported as shorted today
2450 shares reported as shorted today
It will be interesting to see how much of today's volume is shorted
Sound advice liodog. Do not mortgage the farm and DO NOT SHORT FNDN. This is a speculative bet with decent odds, but still a bet
Due Diligence. Most investors checking out this company doing the usual due diligence will likely miss the story and looking at original founders would write it off as an investment and I can see Shorty thinking along the same lines and figuring it will go to zero. Opportunity knocks for those who thoroughly complete their due diligence homework
Shorty probably doesn't know about the court filing.
Shorty probably doesn't know about the court filing.