I'm Your Huckleberry........
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Wow.. What an about face, Keep an eye on the short stats:
http://shortsqueeze.com/?symbol=sune&submit=Short+Quote%99
Just don't get to greedy premiums sucked on SUNE when I was there. They pulled my bids out super early and they never came back
LOL you'll hit
Very well could get a move based on retail contraction. Here's an interesting ariticle from the Harvard Business Review about the "Bullwhip Effect" and China. Chart looks ready to go up too. I'm just too scared to go long on anything honestly.
https://hbr.org/2015/09/chinas-slowdown-the-first-stage-of-the-bullwhip-effect?cm_sp=Article-_-Links-_-Text%20Size
They sure are manipulating anything they can get their hands on, still expecting a huge drop when all is said and done
Futures manipulated this morning
http://www.zerohedge.com/news/2015-09-10/what-happened-612-am-morning
Only thing to do is wait and see how this all pans out
Tell me about it! I'm going to run and make some popcorn, I might be up late tonight laughing at this mess
Wow Nikkei Tanks Out Of The Gate! Hold Tight Traders..
Yea im already holding my puts! With ya 100%
Curious to see how things open in Asia, Is Nikkei going to gap up 1233543% at the open again today?
LMAO I read that one earlier. How funny is that?
So would that be around 30 million shares total plus penalties? Or is it cash plus shares? How does that work out?
Is $NESV on that list?
No clue.. Someone on here said that Blackbridge was paid in full. Never saw a filing come out for that either. So it's either not true or the company is not putting out filings on resolved debts which doesn't make much sense imo
No need to sugar coat anything. Companies do this all the time, its the stock market, it is no biggie really, what would be exciting is to hear from the company about addressing it. Been a while now though and as some have said on this board they are converting currently
One could always do some research on a particular note holder online and see how things have gone with some of their past clients. Maybe they will hold until $10, maybe a selling war will start between multiple note holders and drive the price down fast trying to get the highest value for the shares they are holding. Knowone knows.
Crazy day of trading today! Can't seem to make up its mind on what the market wants.. Some ugly data coming out everyday also being swept under the rug as quickly as it came out also though
No problem
I will do the math for rough # of shares based on an avg conversion of 8 cents, there are penalties and other things that are not included in any of the math here obviously because I don't want to go through and read them all, maybe someone else can assist with that, there might be terms and all kinds of things that aren't factored in this math. Its just basic math based on discounts, amount owed, and conversions all @ .08 cent avg
Chicago ventures
$180k owed @ 30% disc to market (54k)= $234k @ .08 = 2,925,000 shares
LG Capital
$110k owed @ 40% disc to market (44k)= $154k @ .08 = 1,925,000 shares
Tangiers
55k owed @ 40% disc to market (22k)= $77k @ .08 = 962,500 shares
KBM
43k owed @ 42% disc to market (18k)= $62k @ .08 = 775,053 shares
Magna Notes
355k owed @ 40% disc to market (142k)= $497k @ .08 = 6,212,500 shares
Tangiers debt note clears Friday
LG Capital note cleared rule 144 8/27
Chicago ventures cleared 8/12
KBM cleared 8/12
2 Magna Notes still out and cleared also
According to the debt schedule KBM is a remainder of $43 on the original 64K note.
$43,665 x .42% (Discount to market) = $18,339
$43,665 = $18,339 = $62,000 @ .08 = roughly 775,053 shares
Oil industry puts starting to lean in my direction..
Out of? What's the plan from the company?
I have seen a ton of CDEL and BKRT on the ask today
Somethings got to be done here Looks like toxic selling to me
LOL this downtrend leg is just starting, plenty of time to still get into position imo
Crude Oil about to tank again, Going back into 30's per barrel.
First they would want to overcome the yield sign, debt notes, 85% depreciation in the value of the stock over 60 days, and chances are 30-60 days imo
I saw, Wish they gave us some #'s though
Revs were down 50%, they recorded a loss, and an explosion in debt.. What do you mean?
The 10Q answers a lot of questions imo
Some interesting days ahead, that's for sure!
Yup! I'm with ya!
That could create a serious slingshot effect, Just need the market to work with us a bit
Crude getting pounded
Once I am convinced that this market crash is 100% the real deal with no super mario bounces or magic mushrooms floating across my screen I am going to balls to the wall short some of these bloated healthcare stocks too.. Making a list and checking it twice