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ROFL @ notion of dilution. No T trades, buys at 1/4 ask, 4 digit walk downs... you mean shorties.
Ha I figured shorts would make a play at lunch. Kept my powder accordingly. Thanks for the cheaps!
Was kind of obvious with all the new negative faces.
Shorts are doubling down today. Lots of buying pressure though... shaping up to be an epic day if they can't push it down.
Lunch time will be interesting.
You use the OTCshortreport? ROFL....
I'm more interested in the last FINRA reports... in particular starting after 2/1/17 when short interest started getting into the millions of shares. Even threw some flags several days.
Insinuating in any way that this stock hasn't been short attached repeatedly and substantially would be a flat out lie.
The answers are in the reports.
I smell smoke....
Smoldering shorts litter my screen. Marvelous!
LOL they keep pulling it up. Trying to slow it down but don't want to lose them.
I believe the shorts became a victim of their own success. They took it down to low for the market to not jump in.
I haven't been looking at the FIRNA reports for a while but someone linked them a few days ago.
I knew it was being shorted but wasn't aware it had been gone after that much.
I understand volume = $$ but man I love to watch shorts diaf.
Lots of 4 digit trades going on between the ask and bid. MM trying to push this down some?
SFOR has consistently paid off debt they incurred during the process of their successful patent defense with Microsoft via Phonefactor.
That included all toxic debt (adjustable convertive debt) minus the one jerk lender who chose to convert resulting is an AS increase last year to cover that conversion.
Since then, insider personal owed salaries have been forgiven, additional debts have been paid off and other debts restructured to benefit the company.
Furthermore revenue has increase for the last 3 quarters not counting the MSFT settlement as SFOR has ramped up marketing and contract sells. The industry realization of SFOR owning and enforcing their patents appears to be inducing the purchase of SFOR products that previous vendors pilfered.
So if the uncollected revenue indicated in the last 10Q is realized and revenue is steadily increasing while debt continues to be paid down... SFOR will be on the track we have hoped to see.
They have stayed lean by using ACS and others to sell their software. I expect them to keep overhead to a minimum by doing this while Law Firms seem very content to represent them on contingency, which is something firms generally only do when they feel it is a sure thing.
If you are looking for immediate gratification then that sucks for you. I still hold a sizable stake in SFOR and if I sell, I will now pay Long Term Capital Gains if that tells you anything. Obviously I am not going anywhere with well over 2500% returns.
IF my Texas votes in MJ, I am immediately dumping every stock I have and buying a 24 hour BBQ joint.
Or a Whataburger franchise
I watched this for quite a while without jumping in because
A. I have been around oil companies all my life in North and West Texas and have to deal with them on our land.
B. Always some wildcat group with the next big thing
C. Tall tails can come up at a campfire on the Llano Estacdo. FWIW My college buddies and their families own over 700 sections of land around Pecos and Fort Stockton.
That said, when the chatter gets loud enough you start to pay attention.
The fact that 20 years of my life are also involved in the engineering field... when conversation topics start crossing over these respective fields I certainly start listening.
I bought in last week if that matters........ Certainly haven't heard anything not published. Just a tad closer and more in touch groups that can confirm released info.
Midland Basin discovery is no joke!
Shorted down 25% on weak volume. As I said yesterday, shorts will double, triple and quadruple down right up until margin call.
This is interesting... the downward push didn't get as much traction as I expected. Too many bargain hunters jumped in and halted the drop.
Shorts will let it churn now and wait until a little after lunch and try again.
If they continually keep getting blocked and news comes, this thing is going well over .07 today.
Just my opinion.
This has been shorted all morning. One thing about shorties, they will double, triple, quadruple down before they voluntarily cover....
I am already up almost 6% from that dip. Freaking AWESOME!
You mean shorties trying to milk it for everything they can right?
I mean buys under the ask and 5k walk downs is not normal trading. You assumptions don't hold water. 18% drop on 3 million volume? I think NOT
But I'll make money off of it even if I am averaging up.
Whew I stepped away and almost missed the dip. Come to Daddy!
Agreed and there will be a lot of post on this board crying "I can't get my order filled!!!"
Those shorts aren't free... interest starts hurting pretty quickly.
I rode that trading session, cashed in 6 figures @ ave $2.50 and still hold six figures of it.
Honestly I don't know which one has more potential long term. but it is a competition I am going to love watching unfold. Shortterm USRM has the largest multibag potential just from a standpoint of current price levels.
That is why I jumped all over shorties as much as possible today.
Thanks my friend. I still check in daily.
You and a few others have been much better in your DD and intuition than I ever was.
Indeed you folks have kept me in this. Great work! Any and all appreciation should fall directly to you and those who have fought off the alarmist with facts, optimism and logic.
#GOSFOR!
I still hold several million shares I bought in the trips. That was over 1 year ago.
Long Term Capital Gains :)
MMs can let them cover under the Bid but you can't hide that buy....
I was pretty happy with my stake in the company until shorties brought it down to a point where I couldn't resist throwing some Texas tea and Ribeye money in the mix.
Too much info coming in short order. I am getting while the getting is good. Trying to buy in after news is a cluster...
You say don't hold it up... I say don't get too greedy on the short end.
Nibbling under the ask again I see :)
Shorties testing the waters again.
Darn right and I, for one, have a lot more.
When General showed up I knew what was going to happen. I wasn't ready when it happened on OW_P and missed a lot of cheaps, not happening again.
That group can play their game but I am going to $$$ off of it.
Shorts trying to push it back down. Lots of 4 digit buys below the ask to walk it down.
They will keep trying. Shorties will keep shorting until the margin call. I look to increase my holdings 2x if they do.
One piece of news and this stock erupts. Period.
A 40% intraday drop on 3.5mil volume legit? I think not.. smoke and mirrors
Better take your .03 and cover...
Some different levels of $$ then your IC_B play General. I've been watching this close for a few weeks now.
Don't get pinched... looks like way more going on here than IHUBers.
Every single short attempt so far has got obliterated by $50 - $100k lump buys.
But hey.... its your coin
My 14 day RSI is showing 66.8?
VERT on the bid and ask. About to get burned on the games they played earlier. One last effort to bring it down and cover before EOD.
Wienie roast incoming
You and I are in a race to see which of our picked winners gets FDA approval first Camelot. It is a fortunate dilemma to be in.
If that wasn't enough for me.... I have a keystroke tech stock that has woke up at the same time.
Fun times for sure
HAHA I know what you mean. I am thinking very seriously about taking out CDEL and NITE right now.
IF YOU THINK THIS IS IHUB $$ pushing this up you are sadly mistaken.
IHUBers are just holding on for the ride. Speculation paid off.
Whomever is shorting this through VERT and trying to keep it down is going to DIAF. Generally they might could induce panic sells through board chatter but this is far beyond the board.
The pockets pushing this up will relish any dip.
Looking like fund investors expecting dollars and they are loading millions of shares.
Don't know if they anticipate just positive test results or if there is something going on with the company structure.... but someone knows something big IMO.
This board has been though about every form of misinformation and fraudulent statement you could possible fathom.
If you are going to try something like this, you better try A LOT harder.
Meteors are nice
This pattern is getting so routine it is mundane (mundane meaning you like to make money really easy). Spike up, moderate retrace and consolidate, volume drops, sellers refuse to give away cheap shares, market gives up trying to milk more out of longs and UP SHE GOES AGAIN. Tight range today and low volume looking to be the start of the next leg.
All the while higher support is being established and the float is just getting tighter and tighter.
Not very exciting from a daytrader standpoint but those that don't need immediate gratification with millennial mentalities are walking around with a spring in their step the last 6 months.
If/When the news is confirmed, flippers won't be able it get in. MMs will be taking care of the whales... not the guppies. The feverishly placed buy orders will never hit the market fast enough to keep up with the rocket ship.
Been here since .00Xs
Just waiting on the HAMMER to drop so I can pay those capital gains.
I never tell people what to do with their money. Make paper airplanes with it if that is what you like. I am certainly not parting with my shares this close to the catalyst years in the making. But to each their own.
P.S. I always liked the stream-lined dart looking paper airplanes personally...
Happy flying
Shortinggggggggg
Hardly a reflection of the company. Just groups playing their game.
The overall upward trend and catalyst are solid.
Let people short. If they are that stupid with the imminent validating news expected, it will just make it more fun for me to watch the panic cover.
I was always one who enjoyed watching the bugs fry on the bug zapper.