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Give it time. I'm thinking late January into February
Funny how impatient some people are with the price action. How long was the CE on? Years. How long has it been off? A day or two, right?
DBOOMM $$$
Just added more on the bid dumpers exit. Sure would be nice if people knew how to sell chunks on the ask, but that's a lot to ask of the penny trading crowd
This is still the early stages imo. Plenty of time for this to play glta
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Give it time, churning now. I'm thinking well into January and perhaps February too :)
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Great news thank you! Stickied
Lucid Begins Deliveries of Lucid Air Dream Edition to Customers in Europe, Confirms Official WLTP Driving Range of up to 883 km
https://finance.yahoo.com/news/lucid-begins-deliveries-lucid-air-080100078.html
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Wow great video! Go GM and Renewable Innovations!
Oh yeah sweet open let's go!
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Good morning DBMM! Forecast: nervous shorts
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The post I'm replying to should have been stickied. It is entirely correct. Thank you Poo28 for providing the best DD and for the most accurate predictions. Everyone please read the following, esp new investors. #DBMMSTRONG
Short are nervous with good reason. Chicken dance coming :)
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lol those Shaq Christmas tree tumbles surprised me! Glad he's the Alkaline88 ambassador
Unfortunately looks like bargain basement prices on HIRU for the time being. Long play for me glta
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DBMM is coming through with everything they said they would. Look for that to continue :)
Ongoing discussions with OTCM further outlined the strategy going forward to remove the CE from the DBMM site on OTCM. The next step was for the Company to identify a sponsoring broker to make an application via Form 211 to FINRA. This is an extensive due diligence process between the Company, the broker, and FINRA. As the Company Updates of Oct 27 and Nov 7, 2022, stated: FINRA cleared the Glendale Securities application on October 26, 2022. To reiterate, “…the submitting broker-dealer has demonstrated to FINRA compliance with FINRA Rule 6432 and SEA Rule 15c2-11 when quoting a security.”
This was a major accomplishment and a major milestone for DBMM. Clearance followed Management’s one-step-at-a-time strategy so there would be no ‘do-overs,’ and be one step closer to a return to normal trading.
Once cleared by FINRA, the Company was eligible for OTCM review and removal of the CE designation, following their process. The Company made its request on October 27, 2022, and is currently in the midst of the review. Same process as FINRA, same information, but different iterative roles. It may sound a bit bureaucratic, but such are the wheels of regulation. The Company has been following the very specific guidance of OTCM compliance leaders since the new amendments took effect in September 2021 and continue to do so.
Lastly, OTCM instructions had one further criteria: “In addition to a Form 211 clearance, the company will need to remain current in its filings with the Commission”. On that note, DBMM has been proactive and established quite a track record of timely filings.
The Company wishes to thank all shareholders and investors for its continued support and once again looks forward to focusing on the future and announcing growth and business milestones and sharing the results. At that point, without distractions, the Company’s future will take shape quite quickly.
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I expect a PR this week, along with more news probably after New Years
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Pretty classic one! We'll see if the analogy plays out here with DBMM in time glta :)
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Could happen to NSS position holders. I'll be here for it :)
I think so too, added more today and expect it to go well into January/February when the real buying might occur. Some PRs are probably in the works
glta :)
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Very smart imo! The best things longs can do is place shares for sell on the ask well above where it is now. Force others who want to buy shares or cover their position to pay a much higher price
I'm watching for trades that simultaneously show as buys and sells, printing at the ask and also in between the spread. A few have been trickling in today so far, but there have been hardly any since the GLED piggy back trading status resumed in late October for Canadians. I believe those prints will pick up even more in the coming sessions and into 2023, esp with news from DBMM
https://ih.advfn.com/stock-market/USOTC/digital-brand-media-and-pk-DBMM/trades
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All it took was the CE skull and crossbones to be removed from OTC markets, and it appears nearly every major online broker can trade it again since open bell
https://www.otcmarkets.com/stock/DBMM/security
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Yes, it makes sense that if there is a NSS position, those who need to cover would want to drag this out as long as possible while attempting to do it in bits and chunks on the cheap
Thank you otterman. That would be great. Still patient here as this new chapter has just begun
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No price predictions in the first hours of trading exist from me on this board, although you're not the only poster to ask me that today for whatever reason. Give it time, let it churn. You do realize if anyone covered an enormous position of several million shares or more, that this would push the ask well past what's displayed on L2, right? (aside from GLED @ $10)
Several millions shares covering on the ask would probably send this well over a dime
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Etrade is good to go, so is Schwab today for DBMM. I've used both with success :)
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Actually the claim I recall was "this will never get the CE removed"
Chalk up another wrong prediction to the skeptics
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I'm giving it til later in January, maybe the entire month, but it's obvious there are many who would like to see this over with asap
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I don't short stocks, but one would imagine a ceiling exists where they are forced to cover with what collateral is in their account. Otherwise if it the sp climbs beyond that ceiling, how would the brokerage who loaned the money receive full payment? Maybe someone who frequently shorts can elaborate on this?
I hope longs place their shares on the ask or well above it with GOOD TIL CANCEL orders that force others (who want shares or to cover short) to slap the ask
The coming weeks could see the MOASS we want, especially if traders demand the ask for any sells
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Thank you LP. Holding the line. Big move coming for 2023!
Added a few more today, still bidding too. Would love to see this company succeed
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I'm giving it at least a few weeks depending on news, plus it's Christmas week coming which is usually very light volume in OTC. Might not happen until sometime in early January
Shorts are nervous with good reason
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Give it some time while it churns. Could take several sessions to force covers
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Thank you CJ! Now let's see how this plays next few sessions
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It's been pink for a long time. Congrats on the CE removal!!!
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Mine too. Looks like ALL THE SKEPTICS were wrong again!
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Alright let's go!!!
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CEO has added much much higher than this range but it's been years. I'd love to see Neil Chan buy more as he has in the past
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This report relates to the direct purchase by PIF of 8,041,393 Shares
https://ir.lucidmotors.com/static-files/c248de60-51e8-4a6d-9e36-5fa377d8163c
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He sure loves the attention. Many of us didn't want the deal to go through knowing Musk bought Twitter for the spotlight and to push his agenda. This was the first of his polls I voted in, which is probably true for many other active users who don't always subscribe to his world view
Sounds like he has someone in mind. He can obviously still accomplish his Twitter goals without the CEO label
Should I step down as head of Twitter? I will abide by the results of this poll.
— Elon Musk (@elonmusk) December 18, 2022
Getting close to that. My first buys were in the 5-6 range and I can't believe we're even near that sp again, but still adding dips. I'm a glutton for IGEN lol
IGEN $$$
Low volume in the grand scheme. Many of us had more shares than today's volume (thus far) gifted to us from the RBIZ-VRUS spin off shares years ago that created NBLD. My guess is some of those spin off shares are still being sold by investors (at great gains) who are slow to realize what's going on here. As that ends, the sp should rise nicely
Float should be tight for the 6-month restriction that is explained in the last PR:
The Company also wants to address its capitalization. Fifteen long-standing shareholders of Nestbuilder.com Corp, who own or have the right to acquire an aggregate of over 14 million shares of common stock, are parties to a Leakout Agreement that limits their ability to sell shares over the 6-month period following the acquisition of Renewable Innovations, Inc. Further, the 93% of the company that is beneficially held by RI legacy shareholders is under 6-month resale restrictions typical in a private issuance. Thus, the approximately 1.55 million shares in the float are going to stay relatively consistent during this timeframe.
More news and we could easily fly. Patient and happy to add more on the dips glta :)
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