Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Interesting take. You don't like Trump so u chastise a fellow board member to make a peurile (and ignorant) comment. But, since u brought it up - What regulation has Trump changed that affects the way HMNY does business? Please be as specific as possible.
You are correct sir. If they manage to stay in business and get shareholder support, there will be another 200-300 RS coming in the future. Banning some miracle though, I seriously doubt this company survives.
They posted 637M as of 8/14 on the 10Q. Over 1B shares have trade since then. Doesn't take a rocket scientist to figure this out. O/S are most likely in 1.1 - 1.3 B range as of 8/24.
No surprise here as HMNY has been very clear it what their intentions are. I estimate there are still 260M - 350M more dilutive shares. To dilute those will probably require another 650M - 875M in volume. That would put the bottom around .01.
Thought I had read that a foreign corp had to file (even if less than 5%), but was apparently wrong. Cannot verify my understanding. Anyhoo - not sure why they filed. S**ts and giggles I guess.
He's a corporation. Had to file.
And he's down 35% in 5 days. Rut-roh
You are incorrect. Dowside is you lose 100%. Matters not whether the pps is .0003, .03, or 300.00.
Based on the stock action since 7/26 I believe they still have 800M - 1B shares to sell before dilution lets up.
NSDQ just put up a 2.9M block on the ask at .029.
Where's Dr. Kevorkian when you need him? You gotta have a big pair to be on the bid side of this pig.
The last Form 13 I saw was dated 7/31. Have you seen anything newer? Also, nearly 1.7B shares have traded since then, we know they are trying to raise $150M. Anyhoo - it's purely a guessing game until we get new filings.
https://www.businesswire.com/news/home/20180418006507/en/Helios-Matheson%C2%A0Analytics-Announces-At-the-Market-Equity-Offering-Facility
Based on previous filings as well as stock action over the past 13 trading days, it would be reasonable to assume that the OS count is somewhere in the 725,000,000 range. I could have missed it, but I see no authorization for another RS yet.
The massive dilution phase of this death spiral is still in full swing. Would not consider buying one more share of this dog until those large ask blocks disappear. It will eventually end, but just not yet. As an aside, I would hazard we will see a filing at some point showing north of 600M OS.
They really meant this s**t didn't they? From their 10Q - Common stock, $0.01 par value;
Short 2 billion? Damn, that's a lot. Bad news is it will take 2-3 hours to cover that amount. Good news is you can cover between .06-.065.
You are exactly right. Look at the 7/31 1M chart. You will notice that huge morning spike on relatively few shares. I believe the street name for such action is called 'seed money'. Someone kept hitting the bid to lure in traders. If attorneys want to look into securities violations, they should examine the trades to see who was buying during that spike.
Looks like they'll need to sell the remaining 5B shares just to buy lunch for the next board meeting. Might even be able to 'biggie size' if pps holds near .10.
Slight modification - "we'll be adding to the OS (exponentially) throughout the coming days". heh-heh-heh
Sense of humor from HMNY 8K for 7/31 -As of July 31, 2018, there were 6,687,647 shares of the Company’s common stock outstanding."
Have finally found bottom. It's 0.
Did I just see green?
rut-roh
Don't proclaim to be Blue Horseshoe, but this damn thing has got to be wound tighter than Dicks hat band. Hard to imagine this spring not recoiling to the $4 range soon; very soon. Guess we will see.
You do not need to wait 3 days to sell. Sell whenever, but it will take Trade Day + 3 before funds generated from the sale are available for another trade.
Initial Coin Offering - ICO
Is it just me and/or wishful thinking, or does thing look like it wants to head north?
Would be interesting to see what happens if it hits the gap at ~ 2.40.
If you like charts, check out BSTG.
I seriously doubt any R/S would make that much of a difference to existing investors. We are all waiting on some 'good news'. We get good news, the price goes up and r/s won't matter. We don't get good news, the price goes down the r/s won't matter. Biggest question from my perspective is how long do I wait for the 'good news'. But hey - that's just me-
She breaks .50 with any volume at all and a squeeze will take it over ~.80. Very little resistance up to .70.
Any resistance is minimal up to .70. I believe the squeeze would easily take it over .80, even if only for a short time. At any rate, we may be fixing to find out. Will see what happens after the holiday.
BSTG chart is textbook perfect. High probability of 60-80% gain from here.
If there was a counter to your thesis, it could be that conversions (as opposed to shorts) are keeping this stock down. Every rally is met with a relentless sell-off yet the pps maintains the gradual rise. Typically shorts will ride a stock down as opposed to actually driving it down. They may force the pps downward to a small degree, but certainly not with any 'major' effect. Much like the buyers (on this board, etal) can push (or ride) the pps up. I would posit that conversions are what's killing this stock. I would also add that the 7M block at the bell could very well be the grand finale (or at least the closing act). I've seen this many times on the 'stinky pinkies', but not at this level. Not saying it doesn't exist, just saying it doesn't happen with regularity. Time will tell, but if I'm right the pps should continue this stair-stepping higher. This stock took a relentless pounding today - with volume - and only lost ~3%. My money is on higher highs and lower lows, and I mean that in a (very) literal sense.
Whoa! What was that 7M block at the bell? Anyone see that before?
Had to L2 off. This close is uugggglllly.
Great read J Dean. The chart says it's going up in the near term. If the pps continues northward, the 'short position' says it will have a very nice multi-day pop. Barring any castrophic news I see no reason the stock will not continue to climb.
May not be a 'chart guru', but I see one hell of a gap up to the low .40's. It would seem we have blue skies to the north.
Like a fine tuned clock, she rolls ove at 1350 hours. Should close ~.22.
Whoever loves trading in '8s' is back. This time they have upped their game from 888 shares to 8888 shares. I still find it interesting.