I like to GNR8NRG
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Barcharts warned us about cliff diving.
Now they know why I say STTucK...(LOL)
One of my fav..."the dilution is not being executed in a way that is favorable to existing shareholders...."
IT NEVER HAS!!!
Don't worry Hill will probably do another 1 for 1200 RS or larger IMO...
And here it is...Today's news "MELA Sciences Announces $27.3 Million At The Market Private Placement of Preferred Stock, Debentures and Warrant"
"Subject to certain ownership limitations, the debentures are convertible into approximately 5.8 million shares of common stock at an initial conversion price of $2.565 per share, will bear interest at 4% per year, and will mature on the five year anniversary of the date of issuance. The Series B convertible preferred stock is convertible at any time into an aggregate of approximately 4.8 million shares of common stock at an initial conversion price of $2.565 per share. The Series B convertible preferred stock is only entitled to dividends in the event dividends are paid on the Company's common stock and will not have any preferences over the Company's common stock, including liquidation rights. Of the warrants issued, 5.0 million will expire eighteen months from the date of issuance, and 6.1 million will expire five years from the date of issuance. "
To infinity and BEYOND!!!
If Barcharts says so...
OOOOhhhh, I see new 'friends' who like to point out were STTucK. We may have a run after they get their fill. (LOL)
(LOL) That or his BF/GF (LOL) RAH, RAH, RAH yet nothing has changed from where I sit. Hope it does as I'm hold WAY MORE shares now and won't add except for when we go much lower which...USUALLY HAPPENS with current CEO leading the way. (LOL)
NEWL Fun to watch but usually painful to be in.
My TDA says...
"8:34a
*NASDAQ Will Cancel Trades in NewLead At or Below $2.58 Between 6:03-6:23 a.m. EDT - Bloomberg "
For whatever that's worth, were below that now.
They also call themselves 'longs' when we both know most of them will jump ship at break even or up 100%. (LOL) I still remember up 300% in a morning, then 1,000% late morn with a peak of 2,500% and held that 1000% gain by the EOD...I'd like another one of those days.
I do think there are some company 'friends' on this board. I KNOW it's not you or me. (LOL) You are right that there is money to be made from these levels. It always seems to follow a pattern when being STTucK. Hopefully one day the 'greedy' bastard will wise up and throw shareholders a bone/reason to hold. Until then I expect more dillution and a POP here or there. Might take the end of the year tax loss, or April's I need money for paying tax pattern. Nothing I'd like better than the unbelievable 'pie in the sky' PPS predictions to come true. I'm holding 1.5 mil in two different accounts. I'd love to retire from this stock, but I just don't see that happening with the current BS, Hill has done. Maybe another employee benefit plan is in the works?!? ARGH!!!
36's got filled too. Guess my 1 mil at .003 was the right move but I wanted to lock em up and with that many on the ASK I bit too early.
I just took out NITE but VFIN didn't budge. 925,000 more for me.
I took my AEYE profits and just got STTucK (LOL) =P
At least you have company when depressed. Sniz and I were the only ones before Nervous arrived and then a whole bunch of others. Volume is much better than back then, but we fell from a buck to .20 to subpenny pretty quick when it was just 2 of us. (LOL)
Barcharts is more important than exercise, meditation and even SEX!!! I couldn't think of a better hour spent than practicing barcharts!!! BOOO YAHHHH!!!
It is said that God created rock and roll on the 8th day, but that was after barcharts and a big flood.
It takes a highly intelligent person to learn how to read Barcharts and I have no regrAts (LOL) =P
I never buy without checking with Barcharts first. Or those who like to dive off of cliffs.
I didn't even notice this stock yesterday as I was watching my AEYE in another account. (went up 100% and held 70% for the day, down 15% currently and I'm holding strong)
Good to see the upward movement since we hit .003 before the last PR. (Up 100% since then and also pulled back 15% at current moment .0051)
The spread is so big you either pay or get super discount. I'm locked and loaded and almost green (down 6%) so I'll only add at lower levels for 'flippers' That wave will come back if the Triplets get involved, though the night needs to follow their lead if so.
Can't wait for football season Snizz.
No fly fishing but I was fishing last week in Trinity Alps Resort. I stopped after catching 4 in the first hour. It's not fun when it's that easy. Must be why I can't walk away from STTK. (LOL) I like the challenge, drama and NUTTINESS!!!
It has been YEARS!!!
I haven't heard anyone calling this a 'scam'
I have said I could easily see Hill on American Greed or a missing persons poster...
Asher, Redwood, what's the difference?!? Hill's still doing the 'back of shareholders' payment plan. Once that changes, so will the direction of the PPS.
Just got back from Vegas, EDC weekend had lots of beautiful sights.
I love dining at the 'V' but not that one!!! ARGH!!! (LOL)
In the back ground music playing, Iron Maiden's " Run to the Hills" ... ... . "Run for your LIFE" .. .. .. ..
When I got back from vacation my TDurd is now positive each day the amount. (LOL) 8-0
Looking at the past I'd say we want to be negative. (LOL)
I'd be nervous long or short here. Sold yesterday pre-market after holding over the week while on vacation. NEWL is interesting to say the least...
IMO, the only asset!
Dining at the 'V'
Good volume today. Hopefully the 'pressure' will send it flying sometime soon. If not I'm not adding here, I'm fully loaded and usually only double down after 50% losses. Which I doubled down A LOT the past two years. (LOL) =P
I keep getting member mark messages but I've got no clue what they are talking about. (LOL) I'm not a subscriber either so that might be the problem. =P
I remember when people driving their cars we focused on the task of getting somewhere. (LOL)
Make-up, hygeine, sex, and all the gagets have taken the car to a whole new EXPERIENCE!!!
I'm one of the few who KISS (Keep It Simple Stupid) =P
I'm also one of the few who leaves their 'leash' (cell phone) in the car. People are not as important as they think they are.
I'm surprised this one didn't run...I guess I've got a shell or a tax loss on another date.
I'm still in and have seen stranger things so who knows...
No it says -.018 so it has no value. There are times when it does say .018 and my accounts are up but it's been a while since those glitches. (LOL)
I remember I called and talked to them back when it first started happening to others.
This is what I see
CORSQ 92000 0.00 -0.018 0.00 0.00 2,855.96 -2,855.96 -100.00
CORSQ 108000 0.00 -0.018 0.00 0.00 1,876.18 -1,876.18 -100.00
I forgot how much $ I had in this when it stopped trading. (LOL)
High SHORT volume the past two days... 73 and 68%
http://www.mightymarkets.com/short-volume-lookup/
I honestly didn't think this one would be so heavy, but with it's history that makes sense...
If we get some news, we could fly quick.
I've got TDAmeriturd and my CORSQ's are still in both my trading account and my Roth IRA.
True, but the problem with that is many won't want a 'ticket' if it's a massive spread, or if they can't get enough shares to make it worth it. Many stocks I walked away from because I could only throw 100 bucks at it's ASK, if I can get 1,000 worth, then it's better. Best when I can load as many as I like and see that on Level II, I then get excited. I was contemplating buying the 800K @ .0042 when someone beat me to it. I did get a good chunk shortly after, but if I don't see the ASK making it worth it, then often I won't add.
They had to get it low enough to attract 'investors' (LOL)
Sometimes I think I seek out the most painful stocks. (LOL) My recent dabble with NEWL was BRUTAL until that POP. Thing dropped quicker than this one and did 4 RS's. I was in for only one RS but WHEW!!! WHAT A DROP!!! I will run to the hills and find shares to short if they try another RS here instead of keeping it above a penny to stay off stinky pinkies. I think most have been in SCAMS and are relieved to find a real company, but management's greed created this situation. OMO even saw that and got out... We were around 4 bucks (.0033)when RS news came out. Today were at just over half a penny?!? YEAH GOOD MANAGEMENT!!! (LOL)
Slow and low is the way to go IMO. Even today's action is a bit much but I'm not complaining being I more than doubled down this morning. Someone (not me) made 50% on the 500,000 shares bought @ .0042 and sold .0065. They may still be holding for all I know, but that's a lot of 'heat' for a morning. Good to see a change of direction after last weeks DIP.
I believe in RL, the patents would probably just be a good time for 'flipping for freebies' IMO.
Yes I've bought back in.
The catalyst was the need to raise the SP to sell 30 million employee benefit shares above .006
Now were below that so it makes sense to add again.
Yes it's helping with the volume this morning.