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To be fair, we do always sell-off on anything positive. The problem is that the sellers don’t know how to manage the offer. Instead of putting out reasonably sized blocks that can be easily lifted, they throw up massive size.
Hopefully they won’t do it next time we get something positive. However, going by their prior behavior, they never learn.
Manage your blocks people
$nete looking lively
We are coming up on the 1 year anniversary of your ‘Connecting’ post. Glad to see that one wasn’t deleted...
Weren’t you saying the other day the holdup is due to a 3rd party? Reading you, are you saying everything is resolved next week?
Doubtful. It’s other sellers getting ahead of the wall. If someone wanted to print it up, they would put large bids below the current price, so people would have to lift and chase it up.
A 10% spread. That’s the definition of OTC
Don’t worry, some momo will lift 100 shares at the close as usual. Just to print the tape...
Seriously now... The 3rd party excuse..
SF is reading it. I’m sure it’s fine~~~
I wouldn’t really call that a public notice.
I believe it was SF who spun up all these ideas. The company didn’t publicly state they were in a quiet period. It’s all through these ‘trusted’ posters. Just watch the price and volume action. That tells you much more than anyone on here with their alleged access. Historically, we are always sold off on any positive news. Why do you think that is?
True, but if you are cross booking from one entity to another, your price doesn’t matter. I’m just speculating on the entity wash. The px could have been chosen for their own pnl purposes.
I think the overall point is that some people here, who claim to have direct access, were hyping that the converts were most likely completed, and probably sold into their own hype.
We didn’t see the o/s change.
If it was an entity wash, it would have been done so everything appears above board to the SEC. Some funds/people have multiple accounts under their umbrella. For tax purposes, they often fall under different entities. example: XYZ Fund has XYZ Enterprise, XYZ LLC, XYZ International. They would do a cross trade to move from one entity to the other, but net-net, still belongs to them.
I agree, it was most likely a wash trade from the same person. They could have just been moving it from one internal entity to another. Without the increase in o/s, the shares were already held, and no actual hands traded shares.
SF, what is Armen saying?...
She was a great face for the company. Incredibly impressed by her.
Doubtful. The $nete Mullen deadline is today (after previous extensions). Can’t see if all these things were sorted, why they would wait until the last day to announce. As many people speculate, nete payments will tie up with RXMD when it’s divested.
Will probably more of the same. Extensions, then some of the ‘core’ believers here, who probably already sold, will faux anger with Armen,...
Maybe SF made a call...
Haha, no. I meant just buy the whole position on offer. People on ihub mix up the terms. You ‘lift’ the ask, and either ‘slap’ or ‘hit’ bids.
Some people on this board do more harm then good. Gain trust, talk it up, slam it, make ‘phone calls’, then make excuses.
Go on then, lift it~
With hat kind of wall..pointless. Fat boy doing his thing again?
Most likely. There is no reason to announce the deal so close to the deadline. If it was done, I think it would have been out.
Anyone speak with Armen lately?...
It could have just been a a reporting error/correction. Sloppy entry. In Tokyo, both sides have to report crosses to the exchange after the close. One side frequently tags it wrong.
13 minutes to go....
Comedy, pure comedy
In perspective, I’m sure the people that have access to the vaccine will be enrolled into the TeleHealth platform. So it’s more about brand expansion, and revenue growth.
Yup...
I agree. Just the ones who seem to have private access, before the sp gets nailed...
‘I just got off a call with....’
Stockforce, never fails....
Completely agree. It’s been a frustrating hold. No reason why our market cap should not be substantially higher.
Hoping for this to happen. But we need to manage expectations. This company is in a dynamic field, growing revenue, in the largest equity, spivy, otc chasing market in history. Yet, we never found a real bid. Manage expectations
Hopefully. If good, gives us a long weekend to get it out there
I hope I’m wrong. I’m long 400k shares. We’ve all been waiting for things to align. So the timing is less than enthused
That’s my point. Possibly no real guidance
Most likely. SF has a long record of talking this up while ‘just got off the calm with Armen’. After hours calls before a long weekend are never good
In some cases, note holders will fully convert when they have 10% still outstanding. This allows them to benefit by riding the tail once the share price runs without the coverts hanging over it.
The good thing about the new SEC head, Gary Gensler, is that he has made his money already. He doesn’t need to get paid like Bernake and Yellen. He actually went after the banks for interest rate manipulation. While I’m against over-regulating, when retail keeps getting smashed, I hope he brings it down on the funds.