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People were buying DTGI yesterday but they just keep naked shorting under .10
It's at $26, even if it goes down 50% it's still 30% above the conversion price
Good, keep it halted at $26 lol. People will start to figure out the math soon enough.
Minority Equality Opportunities Shares Surge After Update on Meeting and Redemptions
By Josh Beckerman
Shares of Minority Equality Opportunities Acquisition more than doubled to $26.54 Wednesday before Nasdaq halted the stock due to its request for additional information from the company. The stock closed at $11.05 Tuesday. The blank-check company said Wednesday morning that it postponed a stockholder meeting until Friday. Shareholders were scheduled to vote on its combination with cloud-services company Digerati Technologies. Minority Equality Opportunities Acquisition said that, based on preliminary reports, holders of about 728,815 public Class A shares have submitted redemption requests in connection with the meeting. This would leave about 52,013 public shares outstanding at the closing of the combination. The company said in a Tuesday securities filing that stockholders DJ Minority Equality Opportunities Shares Surge After Update on Meeting and Redemptions DTGI MEOA approved potential extensions to its deadline for completing an initial business combination. It may implement up to three one-month extensions to Aug. 30, or an earlier date determined by the board. Write to Josh Beckerman at josh.beckerman@wsj.com (END) Dow Jones Newswires May 24, 2023 14:06 ET (18:06 GMT) Copyright (c) 2023 Dow Jones & Company, Inc. Story ID: 20230524DN008658
Some nasty ass manipulation with this thing, at least like 5 separate market makers working to keep PPS down
MEOA halted at $26.50, so it's set there for the time being. If that stays there it could do wonders for DTGI PPS
DTGI the most baffling stock on the face of the planet - converting into a $26 stock at a $10 valuation and it's stuck at .09 cents.
DTGI shares are converting to MEOA shares at a $10 valuation I believe. DTGI should be tripling right now unless I'm missng something.
How is it possible that there's no link in the trading prices, DTGI is merging into MEOA within a week or two, this is crazy
Anyone know why MEOA is up over $30 today and if so, why the F isn't DTGI tripling?
It's not exactly like that, it's a conversion to shares of a Nasdaq ticker and that ticker is currently trading above $10 - but yes based on current values this should be trading 2x.
So 700,000 shares hitting the ask between .09 and .097, and it gets dropped down to .08 on basically nothing.
I don't even know what to do any more with this type of blatant manipulation, it's why I left the OTC and this is my only ticker remaining. You can't possibly run an exchange where that type of activity occurs
.097 hitting and they drop an ask down to .08. It's complete insanity on this ticker
The amount of air shares between .09 and .10 just boggles the mind. THIS IS A LOW FLOATER. What are these shares and where are they coming from
Can we FINALLY get over .10 here? It's only been 5 months lol.
Need a bulldozer to break through .10 on this low floater, just incredible.
Whatever genius wrote that PR said extending 3 monthly periods, but from what I understand only need an extra week at most.
The PR this morning is less than clear about timing, not sure why they need extension if it's closing in one week
Someone continues to just jackhammer large bids under .10.
All buys at the ask and down 8%- seems legit
Someone still naked shorting the daylights out of this thing. Look at them undercutting the ask now.
I don't think anyone is really selling down here. Air shares upon air shares. OTC has been murdered by these goons. Volume is basically nil across the whole exchange.
So the S-1 is effective and uplist by end of month it seems. Let’s get some volume going here
OTC is dead, everyone should be trading big board pennies. They actually move.
Woohoo, red close down 15%. More manipulation on low volume. So much to be excited about here. Way to go management ! It only took you 3+ years to uplist after you said you would, way to go guys.
Let's be honest, this stock blows. But compared to rest of OTC there's a good chance for a double. NASDAQ is rocking right now for pennies, this just sits at .07 for months on end.
Some of us have been waiting years for this, taking WAY too long at this point. Management is a team of snails.
Go ahead, they're putting up more fake asks and lowering them again. Nonstop.
This is by far the most manipulated stock I've ever seen, and it's shocking to me that anyone even cares enough to continue manipulating this on a daily basis. Just bizarre.
The neverending saga.
Yes and DTGI is at .06 cents.
This stock is absolutely miserable.
Had one good day and they're shorting it back down again, wonderful
Nothing to see here, just massive naked shorting over past couple weeks:
Date Close High Low Volume Short Volume % of Vol Shorted
Mar 24 NA NA NA 567,672 351,687 61.95
Mar 23 NA NA NA 476,336 323,061 67.82
Mar 22 NA NA NA 78,800 68,262 86.63
Mar 21 NA NA NA 135,808 121,349 89.35
Mar 20 NA NA NA 184,416 148,987 80.79
Mar 17 NA NA NA 105,200 90,200 85.74
Mar 16 NA NA NA 28,921 22,621 78.22
I spoke too soon, clearly they can't stop and won't stop messing with this.
Finally
Is it just me or is there something seriously effing wrong with the way this is trading? Every time asks get taken out 2 more pop up. I noticed naked short numbers were nearly 80-90% over the past week. Awesome.
The OTC used to THRIVE during market turbulence. Whatever they did to the OTC after COVID has completely killed it. I can't even trade it any more, this is my last holding and then I'm gone for good.
I can't believe this is still under .07 cents after showing $8M in quarterly revenue. OTC is completely dead and gone