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.
A reason? So they either listened to people like you or are scared cause they didn’t take advantage of price fluctuation cause they weren’t watching l2 every second to see the drop or didn’t set stop sell.
Beyond that blah blah
Let’s at least see what Monday
Brings to realistically see what happens instead of these statements which are biased pump one minute bash the next but post or say anything that is informative at all just rubbish.
According to what I know and the brokerages it’s common for the 6 market makers after a symbol change merger to simply borrow good faith naked shares and start selling them
Even though the real ones have not been released cause they assume that
With automatic transfers that usually go through in 3 days that it’s very rare to have it take more than the 13 days to cover. Which is exactly what’s happening here
What? I spent over a hour on the phone with E*TRADE highest level
Yes! They did borrow shares on what’s called good faith and then created a market. The shares aren’t delivered! So you tell me where did they come from if they didn’t come from good faith naked shares?
Really. As of right now we own
Shares of air so until they get delivered. Bulls in control starting Monday. But you already know that don’t you.
So starting Monday the 13 th day after it seems however many shares they borrowed starting the 18th those will have to be covered Monday the ones from the 19th Tuesday and so on.
So your .10s didn’t get filled eod Friday is that your mo this time.
I think so...
Text book boiler tactics.
If tlnuf doesnt get supplied everyday we will see 100% gains minimally and mms face shutdown suspension if they do not buy them back. the shares borrowed that we have will be merged into the original as one on that day they are issued a exact figure will have to be calculated and all 90 million accounted for. I do not see that paperwork being done by next week. I would think we will all know and a official pr about the whole situation will be explained in a 8k when the true ones are issued.
Funny the E*TRADE guy said well you know the mms work on algorithms
And can’t be absolutely perfect
So a slow down by manual transfer
Imo wasn’t seen.
The way I see it is no delivery Monday
Everyday starting Monday that they are not in the brokers hands to be compliant they have to cease selling and be purely buying as fast as they gave them to us when they made the market starting 13 days ago and volume was what 80 million the first day.
Not sure how many are short but I do know every sell had a buy.
Read my post Monday. Is 13th day.
Read the post. If no delivery Monday
They will be covering. Period.
Read the post I just wrote. No sir there if they don’t deliver Monday
End of story.
OK I called E*TRADE one more time
After a hour the guy finally says
Here’s the deal if the company doesn’t deliver Monday which is 13 calendar days yes in fact they will have to cover and keep covering till shares are bought back cause in fact all shares now are good faith shares because market makers made a market but didn’t foresee transfer taking this long so their good faith naked shares have to bought back
To replace the tlunf shares simply because if not that’s saying the float would be double and the company would not do that and market makers can’t force that cause got greedy.
So market makers create a market they borrow naked shares to create a market but the manual transfer
Is going to take way longer than anticipated so now the air they sold us has to be bought to replace the real shares. Am I not seeing something here. I’ll tell you after a hour on the phone with E*TRADE 3 different people have no answers and all agree it’s rare and have no answer where the shares we are trading come from since they weren’t delivered.
Hold on how can they loan something
They don’t have to loan the only answer imo is these axxa we own know air completely air and so technically we own air. Right
Cause how can we own the actual company. All I can see is a buyback happening how else on earth can they replace all these without buying them from us for any amount we want.
But how can axxa shares be traded when the company hasn’t released the real tlnuf shares. Only option is they are naked but naked from not like other scenarios but literally don’t exist air so how do any shareholders here own any part of the actual company.
So mms borrow air then sell the float so how do Tlnuf. Shares become reality when we are trading almost the float now of supposedly axxa but technically right now anyone who owns these shares doesn’t own any part of the company at all cause the company has not issued shares yet
Seems full sense to me. Anyone else?
Guy at E*TRADE after explaining
Said he defiantly sees my logic
Cause they started trading axxa only a day after. This drop imo was to get as many back as possible before
A buyback starts. I wonder why cause they can’t force anyone to sell they can scare but they are doing it with borrowed shares in tiny lots knowing they need big holders to sell into bid. but they can’t hit the sell button for you. So imo we can demand dollars why not.
So I was on phone a while. He’s basically saying what we know here
No they haven’t been delivered so yes they are air shares and will have to be replaced because they started selling them only 1 after symbol change merger. So he said market makers create a market and usually automatic transfers take only 1-3 days but here since it’s a Canada company and manual it’s simply taking slot longer than mms thought. Summary I believe they will be forced to buy back no other way I can see it.
Ok I’m on hold again. He’s looking into terms of merger. I explained how can they sell shares if they aren’t delivered. Let’s here this. One minute.
Well I just talked to E*TRADE again
The only thing corporate actions said was in fact the shares have not been delivered so I said all axxa shares are naked right. He wouldn’t comment but it does sure seem that in fact they are
So this could really get wild later today or Monday imo
Once there is 0 sells into bid.
Huge move I’m thinking very soon.
Definatly today
Nice one bro!
Oh my.. the whole circus is truly here now.
Ok folks up up up we go!!!!!!!
Time to move on...
Or more?? I’m definitely not seeing that.
Say what
Are you on something. It’s a 100 shares. You like veto reaching for anything cause basically your both holding absolutely nothing kinds like these mms.
More than that come on. Again straws like everything else
So 2100 is dilution now. My god
Once again reaching for straws.
I wouldn’t doubt if these mms are pretty much wash trading to themselves anything to juice any weak hand understandable before a mega cover loss at way higher prices.
Anybody else thinking this
I wouldn’t sell no matter how far it drops or doesn’t.
Since these shares don’t even exist
To me anybody selling is feeding right into their hand and people strong enough to hold will be asking whatever we want cause
Sec law!!!! 13 days my god!!!!!!!!! starting tmrw of Monday 13 days straight of covering shares they literally never had and borrowed from thin air???? Think!!!!!
THEY DAM WELL KNOW THIS AND ANYONE WHO UNDERSTANDS THIS VERY SIMPLE FACT KNOWS WE OWN SHARES THAT THEY HAVE TO BUY BACK OR FACE THE CONSEQUENCES!!!!!SHAKING ME HAHAHA GET THEIR LAWYER THEY AINT GETTING MINE FOR LESS THAN MANY DOLLARS NO MATTER WHAT!!!!!!!!!!!!!
Hmm no I would say Adam carter was the problem. Did cor start callissio
No. So produce 1 picture or any info at all whatsoever that carter even existed does exist or will exist please I’m waiting ...
Time to move to a different venue
Come on already. Just sad.
So again. Your purpose here is
To tell all of us where you think it’s going omg almost worse than veto I bet he actually owns shares.
Forgetting why you are here. Oh yeah you didn’t get in earlier. Hmmm
So blah blah where’s my fiddle
I would think the minute they started to create a market which is their job
But forgot cause if their algorythem
Mentality that this was a manual transfer that would happen before 13 days.
Hmmm drop hmmm really?
Where??? I missed that.
Oh you mean mms are scared as shit and will be covering starting....
oh that’s what I thought you meant
Speculation? They are selling air shares!!! Which indeed need to cover eventually which is......