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They'll be done selling all the shares they can by then.
Company will go dark for 6-12 months, then they'll start it all over.
Just noticed we are back to triple zeros.
That sure didn't take long...
Yep, over 4MM traded today and the float is supposedly at 1.25 million or so.
Shares aren't changing hands that fast. If they were, the price would be going up.
These are new diluted shares being sold to the market by Black's insiders.
OS closer to 10MM now.
Pre reverse split equivalent price = $0.00000153
Like this...
Float: 4,000,000,000 (a/o December 31, 2013)
O/S: 4,000,000,000 (a/o December 31, 2013)
A/S: 4,000,000,000 (a/o December 31, 2013)
Yup.
Don't know about you, but I wouldn't be able to live with myself if I knowingly and purposely stole money from trusting investors.
Maybe that's just me though...
It does seem held down since earnings. All the volatility over the last year is suddenly gone without a real reason as to why.
Float is going to be over 3MM after the selling today...
What does that mean? Anyone ever been through something like this?
Yes sir, Mr. Greeny was who I was referring to.
Might be the entry point I was looking for in TSLA as long as she doesn't bounce back up too far tomorrow during premarket.
You should go read this guy's flip-flops on the AAPL board.
Posters beware...
I guess everyone is still in post earrings hangover mode. AAPL hasn't been able to move for a week now.
Several people on the board trade options.
Long some really cheap NOV and JAN calls. Will add to JAN is prices stay low.
Unfortunately it probably won't. If he had any fear of being arrested/sued he wouldn't have continued to do this the last 10 years.
Can't believe someone would really go through the trouble of starting companies that have a business model of making money solely by selling shares to its investor base.
If Black had a legitimate business, all he has to do is let his investors know.
Black is a no show for his own company. Doesn't PR anything OR respond to emails.
Today's reverse split equivalent price = $0.000004.
Awesome.
Those are not "yesterday's rumors". China deal has been speculated for months.
Price held up because AAPL is a sound company with good management. Wait til they bring out the new tech.
Good point, just noticed the volume.
We'll soon find out if the volume is from investors loading up on a strong outlook, or dumping to lock in near term profits.
No weeklies for me.
NOV480
NOV560
JAN600
The IV on the 560 and 600 got absolutely crushed this morning causing the option value to drop 30-50% even while we were up at $532.
I have a very low average price/contract so not too worried.
Options volatility got decimated today.
Might pick up some farther out calls while everything is so cheap.
Yep.
Options will take a hit this week. Good thing mine are November & January expiration.
GOOG beats earnings estimates by 3.6% and the stock rises >13%
AAPL beats earnings estimates by 4.7% and the stock drops >3%
Odd.
Why are we in freefall after hours?
My chart shows he would make about a $2k profit if AAPL closed around $560 on Wednesday.
Its a gamble, but a relatively inexpensive one that could pay off.
You also told us AAPL was going back under $400...
Black knows the ball is in his court, and its up to him and only him to create value for the HNSS shareholders. Right now we are 92% lower than the lowest point we *thought* we could go pre reverse split (today's pre-RS price is $0.000008).
Sure would be nice to hear some positive news from the company because the silence is not instilling any confidence in the investors. Hopefully this RS will have some positive impact on the value of the individual investor's holdings (not just the insiders).
Decent volume, figure we'll see a steady uptrend over the next few weeks?
Also I haven't read anywhere that APPLE is reducing the cost of the phone to retailers. All the stories have been the retailers reducing their selling price.
For all we know Apple could still be selling the 5C at the orignal price, maybe just at a slower rate than expected because more people are spending the extra $100 to get the 5S.
If Apple IS reducing the cost of the 5C, I am sure they are not "taking a loss". Worst case scenario would be they make less profit than anticipated, but definitely not a loss.
Some people will say anything.
Even those his order might not show up due to its size, the 133 shares should have been sold to him at .05 because he has the highest bid.
The fact remains that his order was skipped over and shares were sold at a price under his bid.
1) How can that happen?
2) What idiot sells for .012 when they can sell for .05?
3) Could MM's pass under Blue's bid in order to accumulate shares at .012 so they can then sell to him at .05? Makes sense.
Is your order at .05 still open? Is it an "all-or-none" order?
Don't see how its legal to skip your open order and drop the pps 85% on a $1.60 trade.
Black's silence is just making things worse.
No one cares dude, the people that already had an iPhone 5 are upgrading to the 5S. Both phones are selling like hotcakes, and once again you are on the wrong side of the trade.
Stores are offering gift cards when someone purchases the 5C with a 2-year contract is called a sales promotion...Major retailers have indicated that because the 5S is sold out almost everywhere, they have reduced the pricing on the 5C to help get people to buy one instead of waiting for a 5S.
http://abcnews.go.com/Technology/walmart-drops-price-phone-5c-45-best-buys/story?id=20474818
"I think the 5c has gotten overshadowed and, given that the 5s isn't available everywhere, this is a way to get people excited about the latest and greatest Apple product,"
5 minutes of fact checking found this..
RadioShack - $50 gift card when you buy 5C + 2 year contract
http://www.radioshack.com/category/index.jsp?categoryId=23278946&utm_campaign=iPhone5c_Learn_More&utm_medium=RSCOM&utm_source=HMPG&utm_content=HMPGA1
BestBuy - $50 gift card when you buy 5C + 2 year contract
http://www.bestbuy.com/site/iphone/iphone-5c/pcmcat312600050008.c?id=pcmcat312600050008
Agreed. Been using iTunes Radio at work everyday since its launch. Every bit as good as Pandora, with the added benefit that its sync'd in with my iTunes Library (the whole 'ecosystem' effect Cook has been talking about).
"Literally twice as many hyrdogen atoms as oxygen atoms".
Haha
FYI, I just got an email from best buy offer a $50 gift card on and Samsung Galaxy purchase. Looks like its a best buy promotion and has nothing to do with the 5C not selling...
Keep trying.
I think all his stocks have had a RS sometime in the recent past.
HNSS was a big one. 1500:1.
We're still waiting to see what the company's motivation for cleaning up the share structure is here. Hopefully announcements coming soon.
Apparently investors think AAPL is a better safe-haven play than precious metals...
We definitely need answers from Black. Most of the core group has been here 2+ years and is down anywhere from 50-99%.
Black knows all this, and if he is truly trying to make HNSS into a viable, legitimate and valuable company for his shareholders, he'll need to publicize his plan soon.
Agreed ECP seems to be a solid company, just found it odd I can't submit questions on their website.
Also, their criteria for investing in small companies doesn't really seem to match up with HNSS as it currently stands. Namely...
Investment Criteria:
Company Size
$500,000 – $2,000,000 in free cash flow
Minimum of 10% cash flow margins (EBITDA less regular cap ex)
HNSS is much smaller than the above criteria. So, if ECP is indeed working a deal with HNSS, one can conclude that there are big things in the works.
ECP is also on record (HNSS filings) has providing a $30k bridge loan, whereas on their website they say they make investments between $2MM and $10MM.
Lots more information is needed from HNSS in order to figure out the ECP connection. Hopefully a strategy is being put in place make HNSS a credible and legitimate company that will reward its shareholders who have been here for multiple years.