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Good question. Why not?
Oh baby. Tomorrow shall be fun...
Wouldn’t the warrants continue to lag as the common increases seeing as the conversion is $21?
Sounds good on paper, but the terms of the merger will determine the SP creating a proper valuation and market cap. I’m looking forward to it if it ever happens. Tillman needs to start updating his investors.
Legit crooks. Should be arrested for conduct like this towards shareholders of a publicly traded company. They could care less to communicate anything as they’ve lined their pockets. Total disrespect
Yeah, Cramer looked negative and stayed silent towards the end of the segment. Said nothing in support of the company and milestones. Ji had a chance to elevate the company’s progress to the Cramer cronies and fell flat. Big moment/opportunity wasted imo.
And the stock is down after hours. Cramer effect clearly not working here.
Alert: Brazil authorizes large participation phase 2 of Abiv
The $5 wall be real. Bust it, and we run like last week.
Bingo. Totally killed the recent momentum.
You’d think a guy that regularly cites the obligations of a state and local government towards their need to communicate with and assist small business owners, would show the same integrity and obligation towards the investors of his spac.
Yeah, it’s leaking oil in a bad way.
Catching some feels here boyz. Something brewing.....?
Lack of volume is a turn off. The volume spike alert and hype is what brought me here. Hopefully it wasn’t a Trojan horse ploy.
The product makes sense. It’s really all about the structure and execution to market and growth at this point. I picked up 10,000 shares low .50’s so I’m treading water.
As you stated, waiting on some word from the company as to their direction and expansion of revenues.
Lol. He vanished after he made 10 times his money apparently.
New ish. Since the recent run up and volume spike.
Volume has all but dried up. This is dead money now. Apparently the pump was on and traders have left the building.
PR out. Molecule discovery
Cheers. We all have our sites on bigger things here.
Rejected first run at $5.50. Let’s see if we can break it to set up for a nice close and continuation into tomorrow.
Or you could say that with the looming demise of the company being lifted some that the proper valuation is now being put into this security. Clearly the fine imposed was less than expected, which could mean several things.
Quite possibly the discretions were less ambivalent than originally thought, therefore the share price is simply recapturing the real value of the company and growth potential. Numbers would solidify this.
Tutes not titles and yep. Boom we go
I’m in the camp that most titles don’t dabble in OTC securities. This being a recent IPO with huge growth potential could create an exception. Regardless, there has been heavy accumulation recently.
Time to bust this $5 ceiling.
I agree. Simply stating that the broader market roll over bitch-slapped the momo run. Something negative must have been broadcast about the stimulus.
Still strong here tho.
Market slam to obliterate the momentum. Unreal.
Who let the dogs out. Woof woof woof woof woof. Who let the dogs out!
This dog runnin wild into close. Strength at this level. Boom baby.
Nothing better than multiple alerts being triggered in one morning session. Lovin every minute of this price action.
Accumulated another 10,000 shares. No qualms about price averaging up today.
He looks like the type that would toss back a few in Cabo. Let’s hope he comes back refreshed and ready to get this thing poppin
If you’re happy with the company, the management team, and the subsequent price of the common as a result of their ineptitude, then either you’re an insider or have received free shares, period.
The migration of the company made some sense. The execution abysmal
Nope. Absent
ALERT: Covi-guard preclinical data out
And until they prove otherwise, their stock price and depreciated value is an indication of their performance and value of the company which they are running.
Not sure when you be concerned, when the stock retreats to pennies? Which isn’t far off....
As far as I know....
That’s the problem. They should be communicating and I wouldn’t have to guess as to what is going on.
Further, the delay excuse tied to the Covid is a crutch. I have small businesses, deal with a much smaller accounting firm and have no problem receiving my monthly financials and getting my fiscal year-ending June 30th return done and submitted. For a publicly traded company to state they can’t get professionals to timely complete a routine task, due to this crisis, is ludicrous. Virtually every other company listed on the big exchanges are able to provide timely financials and potential guidance, why not YGYI?
That’s the simple issue here. Shareholders deserve better. The market cap is currently $18 million. That’s ridiculous. They need to explain this. Delisting concerns. They needed to explain that months ago.
That’s the least a common shareholder could ask for at this point so he/she can determine if this security is worth holding.
Well it appears he’s more right than we are on this one. I’ve held this far too long and didn’t liquidate when we participated in the Cannabis run of 2018. Big mistake. I thought this company was set to growth and I was hoping even tho the decline was ugly that they weather Covid and could benefit thru e-commerce MLM sales and maybe cover some coffee loss rev’s thru hand sanitizer marketing and sales. Cruise lines not running clearly hurts. This company’s top brass has done nothing to reassure shareholders that they could get thru this down cycle or prove that they could be proactive and find new ways to grow their business model. Coffee and Cannabis should be a viable revenue stream for growth given the right business model and market awareness.
This management has done nothing for it’s common shareholders but has rewarded the preferred handsomely with a hefty return on their investment. They choose not to be on top of the Nasdaq requirements to remain on an exchange that offers liquidity and clarity. That’s clearly not a good sign. It took much to get here, yet zero effort to remain. The market cap for this company is now abysmal. Their debt and revenue losses must atrocious if they unwilling to share their financials. Excuse after excuse. It appears to be the end. We/I had a golden exit opportunity in 2018. Missed it. Too bad. Who would have thought, that would be the only opportunity to turn longly held, averaged down shares in for a profit. Unfortunate, and it appears Briskie or Wallace could care less.
Seems to be swinging with the overall market at this point but I like the strength here.
Lol. Worthy assist.
Now back to Luckin. Volatile stock in a volatile market. Price action was reasonable. Nice bounce off the retracement. As long as there isn’t further market collapse, we should be moving up.
My worst day in the market in months. Tomorrow’s a new day.
Not to speak for smilin, but the meaning to his comment more than likely referred to individuals holding shares with a cost basis average in the 2’s, not the SP holding the 2’s.
But yes, a slight retracement with higher lows and increased volume is a very good sign.
Thanks to Nikola’s now defunct founder, there is now a full on spac attack. No spac is safe
FDA approval granted phase 1 covi-guard