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.
Yeah finding shares to short can be a challenge... I have had luck with both Interactive Brokers and Fidelity finding shares to short
Yeah they renewed it and have the ability to issue a R/S announcement whenever they want... Regardless of what they have previously insinuated about not doing it anymore... As conditions in the market change so can DRYS feelings about another R/S
That's the way to do it if you want to make rather than lose money...
It has been extremely profitable this year...
With over 12 million shares outstanding currently and another 35+ million to issue how soon after the Kalani deal is finished do they announce another R/S?
Nope... And at today's prices that only means 35+ million more shares to issue....
Yeah ... I did not get filled today so far we shall see if there is a Friday afternoon dump or not... But my share count is in the low 6 figures now at under a dime
As I have stated before sub .089 I would add some and I did... Will add some more tomorrow probably as well
I think it is just as important to find out exactly how much funding they received .... & Yes what the costs associated with said funding are...
Reverse split adjusted price...
10-Q was a disaster yes ... But there really was no other way it could have ended up ... The vast majority of companies that have no revenue have disastrous 10-Qs ... So it was really what I expected? to see from them...
I expect to see sub .08 soon unless some sort of news comes out to soften the blow of the 10-Q... and I will add more at that point...
I believe he mentioned it because it is true...
However, just because they have been less than genuine in the past does not necessarily mean they will behave the same way this time around... But it is fair to mention past company behavior especially when the same management team is in place
That would depend on how much funding they have...
I would think the most important part would be to finish the DOE funding then either purchase or lease land in Wyoming for a facility/module
In his connotation of the word "buyer" he was referring to people who paid or bought at the ask... rather than those who had a bid filled is my assumption since that would be the normal way to reference it
Obviously I don't have any way of knowing that answer ...
My guess would be no they are not, however the selling pressure seems to dropoff around the .09 so whomever is selling doesn't seem to want to crush the PPS to low and dump a ton at one time
Yeah I'm with you on that Cartman ... No way they would take shares as a payment form for their award... Had to be the company selling them to pay the Soffins if the choice of sellers is only between those two parties
Fair assessment
I don't think the question is really about commercial viability ...
I think if their technology did what they claim it does it would be commercially viable...the math is in their favor if it actually works...
Even if it doesn't save domestic coal power plants it would certainly be profitable to sell to Asian markets through Western Ports(of course this requires their tech working and actually being dust free and some administration help opening up ports for them ... All of which would be accomplishable if anyone believed in their tech)
Imo they don't have that proof yet... They have some tests they ran that we're favorable, however not favorable enough to get $1 of investment money...
This next round of tests they have supposedly started is the end game for them one way or another... They will never have a more favorable political environment or attention than they do now
If they don't come out of this conference coming up with an investment ...not talk of how close they are to an investment then it simply means they can not prove their technology works...
Timber.... .90 and dropping
I doubt that they would have asked for additional tests if they didn't have doubts about the technology...If they even "asked".
However, since we have no idea what these additional tests were for or how long it will take to run the tests we are all just speculators without a real clue as to whether they were actually requested or if CCTC just needed to finish more required tests to have a finalized application for DOE funds.
Personally I am hoping the additional tests show CCTC can turn PRB Coal into .999 pure platinum... It is just as plausable as any other theories people post about these tests and what they are for.
I covered as well ... I think there is to much risk versus my gains. (I would hate to all my profits evaporate it's better for me to book them now)... I have not bought in long but if the price drops in the next 45 minutes I may jump in
Have seen posts like this touting after this R/S there will be a short squeeze all year, however GE still has 150+ million $ of dilution to push out via Kalani and has immediately pushed those shares out post R/S at the new higher PPS driving it into the dirt again(& making me shiploads of money)
I think all the shorts will be fine but thanks for the concern!
Yeah I am not necessarily looking to buy more ... Just if it falls to sub.09 I may be tempted to purchase more... I have made enough in other investments this year I may reallocate some of that money here...
That is pretty wishful thinking... I hope you are right
Perhaps in the future you could include some sort of reasoning in your hopeful posts other than Trump will save us...
Another week and nothing from the company about how tests are going, Wyoming, etc etc .... I see a drop in PPS this week and may buy more if it touches .0901 or lower...
Sadly it may be a poor decision on my part to add to my share count, but it is only money right?
Thinking it closes near .85 today with the Friday afternoon selloff coming
Couldn't resist I had to short more at $1.15 ....
What you mean lose 100% of your investment if you are long or you mean 100% for shorts?
Yeah they would in this case because each r/s has lead to a drop in market cap... But they don't necessarily have to.
How much money have you lost here while you have repeatedly pumped this stock while it has lost 90%+ of it's value...?
How you are a moderator here is unfathomable ... Since you post nothing real you just repeatedly post garbage and look like a fool all the while deleting posts that call you on your BS.
Now delete this post and put it near your massive losses!
No...
The reverse split isn't for a few more days around mid month
Yeah the short play was very obvious and each time he bought more ships with cash on hand you knew another R/S was coming so it became a very low risk short play at that...
And yeah that is unbelievable the PPS drop in just over a year and how much longs have lost here...
It is also an indictment on how our financial markets work and what is legal versus what is "fair", "just", etc etc
What GE has done here "should" be criminal, however I wouldn't expect any changes in laws protecting against this behavior anytime soon especially under the new administration that wants to cut financial regulations and the regulators budgets...
Toxic you are the best!
No seriously the stock needs ten of thousands more investors like yourself otherwise we won't be able to make money shorting this thing if you don't buy...
I need people to believe in the possibility of this PoS shooting up 1000+% again so that their greed overwhelms their common sense and I can keep my multi thousand dollar a week piggie bank open
Much love for you longs and believers without you I couldn't have made mid 5 figures off this 1 stock in 4 months...
You and everyone else :)
Lols... I hope it does it will create some great shorting opportunities for me...
Who knows maybe I will sell you some shares
He got the big announcement part right....
That has to count for something right?
/nods
I have no idea... Lols but someone keeps buying the shares people(myself included) sell short...
And I guess us shorts will eventually need to buy shares to cover...
For that to happen he would need to break laws...
Just Saying it may seem criminal what is happening to retail investors here, but alas it is all perfectly legal.
It will be sad when DRYS finally has no investors left to sell my shorted shares to.... Just saying Happy Dance time again!