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SMAR March 40 calls are up 300% ... weeeeee
People sell for different reasons, some flip to make a quick buck and move on, some don't believe in a story.
You can't blame people, we all have different investment goals, different risk tolerance, and different investment tactics.
I love my investment in CMGO a lot. Am I 100% sure it will make me money ? No. Maybe 90% ( my average is .0034 ).
I am much less sure that the stock will go to 5c. But I am willing to hold on and see.
This position is about 20% of my IRA and 30% of my cash account.
But others have their own portfolios, their own perception of things and they own situations, so can't blame anyone.
May be after 3 more weeks of holding we will know the settlements details and will envy those who sold at .01, you don't know, I don't know. Only Glenn does. LOL
GLTA !
Not really true. Short Position percentage is just a simple product of division of short volume by a total volume ( from the same table). Short interest probably exists, but it is small and there is no way to see it real time for OTC.
There are fairy tales floating around the OTC and pink boards which do a huge disservice to investors. They only help to elevate some pipe dreams toa new level. People lose billions following their beliefs not knowing how wrong they are. I am sure all these fairy tales are created by the same people who steal all these money from investors
Oh Christ...
Short volume isn’t the same as short interest!!!
https://volumebot.com/why-short-volume-is-important/
I personally don't believe there are shorts here and i know 100% short report on Friday means nothing to any stock. Short positions stay open for years and no one can do anything about it.
It is nice of you to mention a 20 year old story
Omg. Abandon ship. We are down 10% from today's high, that's after 300% run.
All small dumps are gladly bought up right away. Great action here. Very strong. I guess no one wants to miss the real push up
Congrats to all longs . Holding strong here. No big pull backs, everything is getting bought up. Great action !
Yext down on heavy volume....
The higher we go the less flippers are interested in the stock. They love triple zeros stocks, can manage double zeros stock, but single zero are no good to them - percentage swings are not as crazy.
Good morning everyone ! Having fun yet ?! Congrats to all !
Don't flip too much. You might miss the big move
I think 2-3 cents before the settlement details get announced. After that 1 cent for every 5 million of settlements amount over 5 million.
Guys, if we find out in April that the settlement amount was favorable, the stock will shoot up huge. And guess what, it will not be affected by the closing price on march 8. If you holding for the win you should not care about daily fluctuations.
Liability insurance paying for crimes ? That's new.
NBC universal was never a defendant. Read the court docs.
I don't have an amount. I was just stating that even smallest possible amount should give the stock valuation much higher than current one.
Of course, we are all guessing here. No one know anything for sure. My point is that anticipating sums north of 50m is not very realistic, i doubt defendants have this kind of money.
Not to piss on your parade , but the defenders are not exactly swimming in cash. That's why i think even 30 million settlement would be great for us.
I used 5 mil as a worst case scenario.
What could be a bad joke ? Tiny settlement with all funds going to pay off the lawyers and Glenn and family ? I doubt Glenn would settle for sucha small amount. He would go to trail then. Remember , judge told both parties to settle back in the summer of 2018. They talked and did not settle. Glenn said back then that they were too far apart in their numbers.
I think the settlement is for at least 15-20 mil, that would put a book value at 2-3 cents at least.
In the next 3 weeks MM will be using all kinds of trick to accumulate at the lower prices. They know ( as we all do ) this worth much more even with the smallest possible settlement. company needs to get a measly 5 mil in cash from the settlement to have a book value of 1c per share. And a book value of 1c plus a profitable business will result in a multi-cent stock price
GLTA
Wait, let me go to the men's room and get coffee first
prolly not.
Watch this 2 mil at .0081 get eaten in 5 minutes
I am buying every share I can now. Holding around 13 mil between my cash and IRA accounts. If my March options play perform well I will be eager to roll these money in CMGO. Putting all eggs in one basket is not safe but this just feels like a shot of a life time.
Don't forget that before april 1st there will be a new run for this stock. That's inevitable - people will be loading in anticipation. Not syaing it will not have its spikes before Apr 1st too.
Great post Fergus!! Thank you for your DD
L2 is simply a lie. My buy order for .0077 is not visible for the last 5 minutes, still not executed
PE ratio has no meaning for now. Price to book value is the key.
at least !
you guys did not do your DD here. this has been discussed millions of times over the years -
Not the whole settlement amount goes to the company. 1/3 taken by lawyers , 1/3 taken by investors who provided money to Glenn to keep this suit going (don't ask why, it's a fact) . 2 mil is a loan from Glenn and family.
not the whole settlement amount goes to the company. 1/3 taken by lawyers , 1/3 taken by investors who provided money to Glenn to keep this suit going (don't ask why, it's a fact) . 2 mil is a loan from Glenn and family.
so from 20 mil you get about 4.5 left
Market Cap of this one is still 3.6 Million. I don't know how small the settlement has to be to validate this tiny cap. We have a way to go price wise. MMs holding it down and loading .
I think over a penny is very realistic.
Think about it - what did Glenn settled for ?
20 mil in revenues were stolen from CMGO.
280M suit did not go to trial and was settled.
I strongly doubt he settled for less than 20 mil. And 20 mil settlement gives us about 1c per share of book value ( cash value ) , even the smallest multiple would bring the stock price to 5 cents.
This is the minimum we are going to see after Apr 1st announcement of the settlement details.
Disclaimer - JMO
You do understand that they run trading algorithms based on some models created by guys with PHD in math and market psychology? It takes that algorithm half a second to see you bid and to move theirs. You will not win this game by constantly moving your bid. Just buy the freaking thing. GL
Agreed. The name of the game is 'market'. If you can't play it then don't. Watch from the sidelines. I am a holder of 8 mil shares since last June. Today I increased my position by 1 mil for free by flipping. You can bash me and other like me all you want, I don't care. I could have held and watched but I know how this game is played, I saw an opportunity and flipped a little. I gained, that's all I care about. Did my actions affected the price ? Yes. Do I care ? No! I am confident in this stock going much higher and I want to hold more. Price action today, this week, next week is meaningless to what it will become in a month.
copper is here !!!
125 mil settlement would translate into 8c cash per share. if you use a smallest realistic Book value per share of 5 you'd get 40c a share stock. That's 80 bagger from yesterday's close.
Does NDA expire before 4/1 ? Why 4/1 ? Hmmmm...