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WOW! What happened to my account today? I put an order in before the market opened hoping to buy more shares and here I find out i got no fill.
O'well just as happy to find my NECA shares go up a little.
What App <Humbl Pay App disrupting an entire industry> I am still waiting for a return email from Humbl about the App testing.
1000 shares @ .00015 a wopping 15 cents! Need to use All or None orders or you will get screwed on commission fee.
only showing .0001 ASK size-
6.6Mill trade @.0001 = $660.00 trade
I just got a courtesy fill 7:39am i sold 1000 Shares @ .01675
I need .027 to put me in the green because my 1st buy in was .0205
Until then anyone feel like selling at the .0116 I am waiting to buy more.
I actually did get some at the bid today.
Are we going up today because people are looking for stocks that have been shorted? There are about 2,630,000 shares shorted in BSGM. It would take 7 days for the shorts to cover at current volumes.
Not much moving today. Someone sell me some shares.
I bought in the last run @.0127 then more @ .088
I bought 400,000 today @ .0035
In particular, a company that is only subject to Section 15(d) need only comply with the Section 13 reporting obligations and need not comply with the federal proxy rules and third-party tender offer rules in Section 14
The Section 15(d) reporting requirements are scaled down from the Exchange Act reporting requirements for a company with a class of securities registered under Section 12. In particular, a company that is only subject to Section 15(d) need only comply with the Section 13 reporting obligations and need not comply with the federal proxy rules and third-party tender offer rules in Section 14, the officer/director and 10% shareholder reporting requirements in Section 16 or the 5% or greater shareholder reporting requirements in Sections 13(d), (g) and (f) of the Exchange Act.
This blog addresses suspending the duty to file reports under Section 15(d) and determining voluntary filer status. In a separate blog I will discuss the termination of registration under Section 12.
Suspension of Reporting Obligations
The duty to file reports under Section 15(d) can only be suspended and not terminated. To the contrary, registration under Section 12, and accordingly the requirement to file reports as a Section 12 registrant, can be terminated. However, even if a Section 12 reporting obligation is terminated, a Section 15(d) obligation remains, and even if temporarily suspended, can be resurrected when the fact basis for suspension changes.
The duty to file reports under Section 15(d) is automatically suspended: (i) If the company has a class of securities registered under Section 12 of the Exchange Act and is thus separately subject to the reporting requirements due to that registration; or (ii) on the first day of any fiscal year, other than the fiscal year in which a Securities Act registration statement became effective, in which the company has fewer than 300 record security holders.
Exchange Act Rule 15d-6 requires that a company whose duty to file reports is suspended because they have fewer than 300 shareholders as of the first day of their fiscal year-end, file a Form 15 within 30 days of the beginning of the fiscal year to inform the SEC of the suspension of the duty. SEC C&DI confirms that this notice is not a condition to the automatic suspension. In practice, very few companies actually file a Rule 15d-6 Form 15. Moreover, in practice, many companies voluntarily continue to file SEC reports even though the duty to do so has been statutorily suspended.
01/08/2021 Status Check, Hearing Time 3:00 AM
Judicial Officer Gonzalez, Elizabeth
Notice the time was 3am not 3pm?
?
01/08/2021 15:59:55 0.0013 90,000 0.00
01/08/2021 15:59:55 0.0013 10,000 0.00
01/08/2021 15:59:26 0.0012 21,666 0.00
01/08/2021 15:59:17 0.0012 10,000 0.00
01/08/2021 15:59:07 0.0012 10,000 0.00
You posted 3:51:54PM and trades at 3:59 141,666 shares traded .0012-.0013
Add me 1 million shares
I am watching 3 of my penny stocks running up at the end of trading.
Still all were hit hard.
I am watching 3 of my penny stocks running up at the end of trading.
Still all were hit hard.
I am watching 3 of my penny stocks running up at the end of trading.
Still all were hit hard.
So is this a SPAC? Publicity and forecasts of rapid growth have become routine aspects of the booming IPO alternative of going public through SPACs. The use of what are called blank-check companies, which go public with no assets and then merge with private companies, surged in 2020. Raising a record $82,100,000,000 billion in 2020, up from the $13,500,000,000 in 2019.
Startups that went public through SPACs, including many companies with no revenue, have said they were attracted to the relative speed and certainty of the process, which can be completed months faster than an IPO.
Publicity and forecasts of rapid growth have become routine aspects of the booming IPO alternative of going public through SPACs. The use of what are called blank-check companies, which go public with no assets and then merge with private companies, surged in 2020. Raising a record $82,100,000,000 billion in 2020, up from the $13,500,000,000 in 2019.
Startups that went public through SPACs, including many companies with no revenue, have said they were attracted to the relative speed and certainty of the process, which can be completed months faster than an IPO.
that didn't last to long 12x13 now
I am up on the NECA 1Mil buy today,but I jumped in and bought RDAR and I am down $900! we win some and we lose some, but we only lose if we sell at a loss. I jumped into MSMY too and it went down but is now over what i paid and i am up $150 on that one. A lot of penny stocks crashed today. I jump in and buy rather than sell in a crash.
Riskboy1989 i got 1Mil shares today, maybe i got yours.
I bought 1,000,000 shares in the drop
Nice read since XMET may be a SPAC for a Chinese Company. Done Deal ???? ???? Chinese technology rallied as the country sealed an investment treaty with the European Union.
See more below.
Investment Treaty
The Great Wall (of Trade) Comes Crashing Down
The EU officially finalized an investment treaty with China today after more than seven years of deliberation (And we thought we were indecisive!).
Critics of the deal, including President-elect Joe Biden, point to concerns of forced labor as their main objections. However, EU officials claim that China has made an “important commitment” to “make continued and sustained efforts” to meet global labor standards.
Now that the deal is done, Beijing will be forced to end unfair trading practices and economic ties between China and the EU will be stronger.
Chinese Tech ????
Done Deal, China Tech Rallied
Chinese tech stocks were rocking today in light of China’s and the EU’s long-awaited deal. The Invesco China Technology ETF ($CQQQ) rallied 4% to close at new highs, up 56% YTD.
Here are a few notable names:
Baidu BIDU +12.6% - 2-year high
Pinduoduo PDD +7.77% - all-time high
Bilibili BILI +14.43% - all-time high
Tencent TCEHY +2.66%
New dip, lets see if they get bought up.
I just put in a GTC sell order on my new shares at 0.21 this way I was told the shares cannot be shorted.
I know it not selling this week, at least I don't think so but look at TSNP and COUV I sold both of them around 0.20 only wish i got them at a penny. Both of them were in this range a month or 2 months ago.
Well worth the hold and wait, rather than chase to buy more later.
16,500,000 shares traded large dump. I bought more!!
420,000 shares traded at .01 now .01 x .0108
2020 Was a Big Year for SPACs
I found this interesting!
2020 was a big year for special purpose acquisition companies (SPACs). If you aren’t familiar with the term "SPAC," it’s a company that has no business operations. Its main purpose is raising capital through an initial public offering (IPO), so it can buy and merge with an existing company to become publicly traded within two years. It has become an alternative way to go public. SPACs are created with the end goal of a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. Sometimes these are already planned out, and the SPACs already have a private company in mind to acquire or merge with. This is not a new process. SPACs have existed for a few decades; it is just that they've recently picked up steam and attention
Statista reports that as of December 3, 2020, SPACs had raised $71.8 billion in IPOs in the U.S. in 2020. According to SPAC Insider, in 2019, SPACs raised $13.6 billion in gross proceeds and $10.8 billion in 2018. So yes, this year has been a record-breaking one. The popularity of SPACs has grown quickly in the past few years. This alternative route to going public minimizes some of the hassles that come with a more traditional IPO. There is no need to pay underwriting fees to big banks, and the company does not have to endure marketing its IPO to potential investors.
The companies that have gone through with or announced that they would be using this approach range from clean transportation startups, like Nikola Corporation and XLFleet, to battery companies, like Stem and Eos Energy Storage. Even the popular online gaming platform DraftKings went public through a SPAC deal with SBTech. Popular entrepreneurs, hedge-fund managers, and celebrities (like Bill Ackman, Richard Branson, Michael Jordan, and Shaquille O’Neal) have all bitten off a piece of this trend.
Goldman Sachs has stated that SPACs looking for their next target could drive up to $300 billion in mergers and acquisitions in the next two years. The SPACs that went public in 2020 will have two years to find a company they want to merge with or acquire. If this does not happen by the expiration date, the SPAC is liquidated and all of the funds it raised going public will be returned to investors. Unless a SPAC speaks publicly about a potential direction or deals it is interested in, then you might be invested in a SPAC and just hoping for the best that it will target a company with massive potential. There is quite a bit of trust you have to put into the SPAC's founder. You have to believe he's going to make the right decisions that'll benefit you and your portfolio.
The Year of the SPAC
David Kostin, Goldman Sachs' equity strategist, had this to stay about SPACs in a recent note to clients:
In history books, the year 2020 will forever be known for the deadly pandemic. Economists will study the unprecedented recession and recovery. Investors will note the swift 34% bear market and dramatic 65% rally. But from a capital markets perspective, this year will be undoubtedly be known as the year of the SPAC.
The growth in popularity of SPACs could be due to the sectors that SPACs tend to target — pharmaceuticals, technology, and electric vehicles — and heightened enthusiasm from investors who are not interested in nontraditional and early-stage businesses. Kostin added, “We expect a high level of SPAC activity will continue into 2021.” I agree; this trend will likely continue into the new year. The past few months have seen a record number of IPOs and IPOs from SPACs. It is a rarity to see the IPO market this busy amid the year-end holiday season.
Recently, Bespoke Investment Group took a look at the SPAC space and noticed something really interesting that will help keep this boom going: Of the over 280 SPACs that have come to market in the past two years, there are only six that are down 10% or more from their IPO price. Fifteen have more than doubled from their IPO price. The company wrote, “In other words, more than twice as many SPACs are up 100% as down 10%. If that is not a sign of exuberance, we don’t know what is!”
SPACs are going to keep the IPO market busy into 2021, and it will be interesting to see what comes from these recent SPAC IPOs.
2020 Was a Big Year for SPACs
I found this interesting!
2020 was a big year for special purpose acquisition companies (SPACs). If you aren’t familiar with the term "SPAC," it’s a company that has no business operations. Its main purpose is raising capital through an initial public offering (IPO), so it can buy and merge with an existing company to become publicly traded within two years. It has become an alternative way to go public. SPACs are created with the end goal of a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. Sometimes these are already planned out, and the SPACs already have a private company in mind to acquire or merge with. This is not a new process. SPACs have existed for a few decades; it is just that they've recently picked up steam and attention
Statista reports that as of December 3, 2020, SPACs had raised $71.8 billion in IPOs in the U.S. in 2020. According to SPAC Insider, in 2019, SPACs raised $13.6 billion in gross proceeds and $10.8 billion in 2018. So yes, this year has been a record-breaking one. The popularity of SPACs has grown quickly in the past few years. This alternative route to going public minimizes some of the hassles that come with a more traditional IPO. There is no need to pay underwriting fees to big banks, and the company does not have to endure marketing its IPO to potential investors.
The companies that have gone through with or announced that they would be using this approach range from clean transportation startups, like Nikola Corporation and XLFleet, to battery companies, like Stem and Eos Energy Storage. Even the popular online gaming platform DraftKings went public through a SPAC deal with SBTech. Popular entrepreneurs, hedge-fund managers, and celebrities (like Bill Ackman, Richard Branson, Michael Jordan, and Shaquille O’Neal) have all bitten off a piece of this trend.
Goldman Sachs has stated that SPACs looking for their next target could drive up to $300 billion in mergers and acquisitions in the next two years. The SPACs that went public in 2020 will have two years to find a company they want to merge with or acquire. If this does not happen by the expiration date, the SPAC is liquidated and all of the funds it raised going public will be returned to investors. Unless a SPAC speaks publicly about a potential direction or deals it is interested in, then you might be invested in a SPAC and just hoping for the best that it will target a company with massive potential. There is quite a bit of trust you have to put into the SPAC's founder. You have to believe he's going to make the right decisions that'll benefit you and your portfolio.
The Year of the SPAC
David Kostin, Goldman Sachs' equity strategist, had this to stay about SPACs in a recent note to clients:
In history books, the year 2020 will forever be known for the deadly pandemic. Economists will study the unprecedented recession and recovery. Investors will note the swift 34% bear market and dramatic 65% rally. But from a capital markets perspective, this year will be undoubtedly be known as the year of the SPAC.
The growth in popularity of SPACs could be due to the sectors that SPACs tend to target — pharmaceuticals, technology, and electric vehicles — and heightened enthusiasm from investors who are not interested in nontraditional and early-stage businesses. Kostin added, “We expect a high level of SPAC activity will continue into 2021.” I agree; this trend will likely continue into the new year. The past few months have seen a record number of IPOs and IPOs from SPACs. It is a rarity to see the IPO market this busy amid the year-end holiday season.
Recently, Bespoke Investment Group took a look at the SPAC space and noticed something really interesting that will help keep this boom going: Of the over 280 SPACs that have come to market in the past two years, there are only six that are down 10% or more from their IPO price. Fifteen have more than doubled from their IPO price. The company wrote, “In other words, more than twice as many SPACs are up 100% as down 10%. If that is not a sign of exuberance, we don’t know what is!”
SPACs are going to keep the IPO market busy into 2021, and it will be interesting to see what comes from these recent SPAC IPOs.
I tried to buy 2 Million shares before close and it didn't take.
My NECA are all profit, not selling here.
I sold COUV to soon But NECA traded over 1 Million shares before the bell today.
Got COUV around .195 it started to go nowhere so I sold, stupid but a profit is a profit.
NECA flirting with .01
I got in at .0012 and kicking myself for selling half when it doubled from there. But mine are risk free and holding.... This thing is moving.
XMET last trade .0014 …. I was just looking at the TSNP chart for possibilities.
XMET about 8.3 Billion shares
XMET
.0002 on 10/13
.0005 on 11/5
.0014 last trade, it cannot be disputed that the stock has moved up.
If XMET does like TSNP, We may see .0115 by 12/31, .0201 by 1/8, 0.16 by 1/20 all depending on merger news to come or the expectation of a really great merger. TSNP had hype and excited stock holders.
XMET is not being hyped all over the place like TSNP yet.
But when word starts getting around about Wei Tian and Building A8-1, Phoenix Road, Licheng District, Jinan City, Shandong Provence and their experiences with SPAC Mergers I think we will be in for a surprise.
New controlling shareholder Wei Tian.
Wei Tian has a Bachelor Degree in Finance at Capital University of Economics and Business, and a Bachelor Degree in International Economy and Trade at Shandong University.
Wei Tian is a certified Futures Advisor, Securities Analyst, and Market Risk Analyst.
We Tian worked at Morgan Stanley, in the Department of Global Capital Markets in HK, at China Futures Co., Ltd., in the Department of Research, and at China Securities Co., Ltd., in the Department of Investment Banking/Research.
Wei Tian participated in multiple IPOs.
Wei Tian has been appointed as a Chief Executive Officer, President, Secretary, Treasurer and Chairman of Board of Directors of the Company.
20F, Building A8-1, Phoenix Road, Licheng District, Jinan City, Shandong Provence, China 25010
Connection to a lot of big companies.
Some type Merger may come sooner or later.
Take a look at TSNP about 4.5 billion shares and it ran way up.
11/5 .0008 and 11/9 .0012 then 11/16 .0315 then 11/25 .0412 then it went way up on 12/7 .3348
Merger announced TSNP/HUMBL. Working website yes but not working for what investors hoped for yet, no app yet. Still the stock sky rocketed.
The fact is XMET and TSNP were both sub penny stocks and look how high TSNP still is way up.
The real question is with XMET with twice the shares of TSNP if new investors come in will they buy twice as many shares and make the stock run up just like TSNP or is it possible XMET may only reach .16 or will it still be .0014?
I do know one thing people been saying since .0008 XMET is done and going down but days have gone by and XMET is .0014! Smart money would have bought at .0008 I know I tried to get it that cheap but I had to buy higher to get the amount I wanted at the time.
Glad I am in XMET with the possibilities of a good reverse merger with a company in Shandong which if we are lucky it could be EV related. Shandong EV Expo held there. Either way major companies are in the Jinan City, Shandong area. Hoping for something good.
I bought XMET with money I can risk from real estate sales and I only invested what I could not worry about. I am up on my investment and I may buy more if it goes down, but if it shy rockets I will sell some on the way up. I am holding XMET because so many of the stocks that I bought went way up after I sold them.
ALL STATEMENTS ABOVE ARE PERSONAL OPINIONS AND SHOULD NOT BE USED FOR ADVICE