Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The 42 cases were dismissed as the SEC made many mistakes and admitted that information inside their division was compromised. I would just like to know who got the information. Were the CEO's of these companies told who got the information. To preserve the Commissions resources.
At some point they will tell us if a short position exists. The GTII CEO did admit there was a short position on the stock.
I tried to buy shares, but did not get filled Missed the dip.
Start adding shares !!!
Time to add shares!!
Gap getting filled.
I agree. I think some covering on a small scale has started.
That is just a pile of nonsense. Who got scared. Maybe NSS. They do need a miracle.
Some buying on the dip early. Hope it continues.
Laughing all the way to the bank!!
I expect better. I believe those days are over. Good luck !!
Maybe management is waiting for The Alpine case to be completed Friday. Lets see what penalty they receive.
When they cover, it will be down to zero.
Always on a Friday. Seems to be a pattern.
They will never let us know they need shares.
If you build it, they will come. Get your discounted shares
Glad you are on board. Bear raid is going on now. It took me awhile to be convinced of a NSS position. The GTII move did it for me.
The bear raid begins !!!
Do we have a chance for the uplist to the Venture market?
I do not see a lawsuit, but their will be changes inside the SEC and some accountability.
It did go against their mission statement. But it is done. Time to move forward.
I know you have been waiting for a long time and the day finally came for the final decision. Nice to see you posting. Waiting for the uplist to the Venture market and an update from management.
You may be right, but what does the statement to preserve the Commission resources. The decision was made to save money for the budget. The 42 companies were let off the hook because of financial problems. I do not think so. The SEC is a monopoly and they have endless resources. My guess is someone inside the SEC got information and was caught. It seems it will be taken care of internally. I never said anything about damages.
I talked with a financial advisor and he told me his interpretation was that they wanted to avoid litigation, so they dropped the cases against 42 companies. I am not a lawyer, but what litigation were they trying to avoid. All I am saying is the dropping of 42 company cases was an extreme measure. I thought these cases were done on an individual basis. I am glad for shareholders that the review is closed no matter what the reason. Thank you for your response.
Now who in the SEC got information about 42 companies that was only for the Commission. Could it have been someone outside the SEC. Why these 42 companies? Did they have common problems. Your guess is as good as mine. We will probably never know who got that information. Good luck to all.
I would like to WELCOME all the new investors who bought in yesterday. You should expect the share price to move up and down as news develops. Many of us have been here for years waiting for the day the SEC drops their case and it finally happened. The review, not a court case or appeal, took many years to be completed with many extensions. It was not done in a timely manner. Now we know why. The SEC lost their case in 2019 because their lawyers could not convince the judge of revocation. I believed they screwed up. Then A PETITION OF REVIEW was filed. They had another chance for revocation, but for reasons unknown, they never acted or overturned the judges decision. They decided to grant extensions and use a no decision policy. No action was done for years. I believe the SEC caused their own problems by not acting. Now we learn that the SEC had internal problems as information on 42 companies was shared with the wrong people including DBMM. The Commission was compromised. I believe they dropped the cases to avoid litigation. Someone may have stole or hacked that information for their own purposes. Again the SEC caused their own problems.
My guess is the investors that are keeping DBMM going are probably going to get preferred shares and the common shares will not increase. A dividend is interesting.
That price is in the realm of possibilities. Do not under estimate the power of a short squeeze. Add shares on dips. Again welcome to the DBMM board.
Great job buying on the dip. Uptrend will continue. Welcome as a new shareholder.
If it is a margin call, they have limited time to cover. If they do not cover on a margin call, it will be forced selling to cover. Some covering happening now.
My guess is all those companies were in compliance on filings with a long enough duration. The SEC may have decided not to spend more resources to fight. If any were naked shorted, they may have decided to let the market make the decision on share price. Just a guess.
I second that !!
12 million shares traded in 30 minutes.
Thank you Love Pink. You deserve all the credit and profits.
Not enough shares to go around !!!!
What is L2 showing/
My hands are up for a Slam Dunk!!!!!!!!!!!!!!!!!
Great Post !!!
I disagree. There was no new evidence for revocation. All mistakes were corrected. Their lack of action put them in a tough situation. They dismissed the case based on the evidence.
That is correct. With no SEC cloud overhead, buyers can come in with more confidence. What are you going to do when they come for you.