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My broker advised me to sell some at 35 next week just to reduce my risk. I laughed and told him I wasn't finished buying yet.
New court document is out. I just got a text from New York saying a new document is on the web site. The good news is $18 a share agreed on to close off the lawsuit. The bad news is we may lose half to creditors and lawyers a.k.a. Vultures.
I keep bidding higher than the ask but the MM is holding it here.
A last ditch effort to flush out any weak hands to help the short seller cover.
More short sales. I think he is hooped
No guts, no glory. The markets are not for the faint of heart. There is always risk but oh man this has big rewards.
Bids are stacking up
The shorts are doomed , its hard to stop all the buying that is coming
Here we go
Lets get this party started!
I am on the bid
I heard he plans on buying again at 5 cents, at least maybe we will see support at 5 cents and do better in 2017.
Any blocks that show up on the ask will be taken out.
Keep your eyes on the prize. Dont let trade patterns or lack there of get you rattled. We are close,
I believe there are at least 25,000 short right now, but this person or Mm may be able to hold off from covering depending on the limit of their margin account. If the stock starts to gap up they may be forced to cover or they may put up a large bid and hope a long holder just bails.
The short numbers dont lie, but most stock are liquid enough to cover in the following 3 days. This stock is not like that. I think the shorter did not intend to short and more likely put shares up to drive more selling. Now those shares fall on the fail to deliver report with the SEC if they cant are not successful in borrowing them after the fact. One of the longs may lend them out by Friday then the shorter has bought himself some time.
I dont understand the question. You say you found the information and matched it up, what more do you want? Call your broker. I wouldnt focus too much on shorts. Invest if you believe the payout is greater than your entry price. Very simple. If not then move on to something else. If you think the settlement is less than look around to borrow stock to short. Maybe the short sellers are the smart ones.
The information comes right from Finra. If you go to the Finra site it gives you daily short sale numbers. They do not tell you when shorts are covered though but since this is so thinnly traded its easy to see the 22000 & 6000 just shorted have not been covered. They usually are flagged to cover in 3-5 days but it can be stretched. If its a firm or MM shorting they will automatically cover the last day or 2 of the month.
This is going higher. Its that simple.
I will throw a little at the bid, hopefully this flushes out more sellers under $4
Advisors actual payroll is only about 7 direct in-house employees. The rest are outside broker-consultants who get an initial bird-dog fee for an introduction to advisor then they are done. The fee structure is larger and the so called salary pool is small. Noah has run fairly lean the past 2 years due to economic conditions. As well you have to factor in years of past earnings and years of forward earning, plus monies advanced in good faith plus interest, plus punative damaged caused by the fall-out of this deal and the effect on fund.com continuing its operations. It is highly unlikely this settles and distributes less that approximately $10 a share.
I guess when you cant show profits you need to cheer a bit harder these days to stay afloat.
It is a sad day when companies pay penny tout sheets. If these guys hired pumpers they should fire them because this is sinking hard and fast.
Are you suggesting this compny hired pumpers to help it from tanking?
Now up 1000% and once the distribution hits it could jump and othe 5 fold minimum. I will bring this stock up on my next interview with CNBC. It has a lot of room to run this quarter. FNDM, anyone who listened on my first post made a small fortune so far.
This could be worth watching this quarter.
Whenever I need a good laugh I come back to this board and remember all the money I made from guys buying up my short position, then helping me cover.
FNDM , best lotto pick, huge short position about to be covered.
I dont see any value here.
Snake oil here? I done see any future when the only one buying is the CEO. Likely trying to keep the price up so he can raise money and continue to dilute this bloated pig.
It's all good.we are at the finish line.
How can you talk to Berke? He is on an island in the south pacific as we speak. You are all alone now. Please do not adjust your set. I control the vertical and horizontal.
Stand back and watch how the pros do it. The amatuer hour is over. Run along now!!!
Stay off the bid. Dont mess around here. There are forces at work that you cannot begin to comprehend.
Most of you know me from my magazine as well as my appearances on TV. I invite you guys to watch what I do with FNDM. The stock has under a million outstanding and a very tight float, as well as a growing short position. I want to do to FNDM what we did with KBIO. Its going to be a lot of fun.
hope y'all have a good Knight
I will post more later after I talk with the team.
Dont shoot the messanger, but I heard that after Bens fees, Davids fees and other costs plus interest over the last several years there will be approximately $6,767,000 off the top. Now for the good news, you guys will see in the neighborhood of $8 for your troubles. I am a little drunk or I would go into greater detail. You minions wouldnt figure it out any how. I may disclose more since I never signed on for the secrecy agreement.
A perpared news release is in for approval by the AS lawyers it looks like. We could see something by Thursday or Friday I am hearing.
Its go time, one of these deals alone is probably worth 30 cents a share. News flow is supposed to bust wide open next week.
Go to Three Moon Junction and follow it to the large Elm tree. At the base of the tree you will find a black box. I cant say any more. Go swiftly my friend.