Chicago, IL
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Docket 1437 is specifically calling out the FUD here. Also in CAPs so it's easier for you to read it.
I guess all the cruise ships are going out too, because all those shops on board say the same thing.
A 20% off sale is hardly liquidation, if a buyer shows up chances are the stores get refilled and continue operating. May even get different products instead.
Then why would the BK lawyer accept getting paid in shares instead of cash? He knows this is going way up after this is settled with the new buyer. This is CH11 not CH7.
Harder to short since there isn't much availabile to short anymore, and the company cannot dilute during CH11. Pretty sure the short attack on American businesses and our banks are oversea entities trying to collapse us. Even with the flippers we are continually rising. All the DD is out there in the open for anyone wanting to see what's really going on here, the company is showing you proof through CH11, the illegal shorting, market manipulation, overseas freight companies holding product hostage, 20+ interested parties to buy the company, and so on. If the company was going to turn off the lights why not file for CH7 then??? Every court day we get something juicy to sip on.
Past few days the trades here showed more sells then buys yet it was up every day.
With the shorts and mm scheme being exposed in the latest court document, $3 a share buyout to holders is possible, or even better a $10 squeeze if court forces them to cover. Anything is possible here, but it's all bullish. Typical charting isn't going to work in squeeze plays, especially since they oversold the outstanding share count.
Cede & Co in bankruptcy papers is retail, there are more shares issued than outstanding, the float is negative! Retail controls the stock, this can go infinitely higher!
Another day of green when sell volume was higher then buy volume. Support at .105 at the close had a million share support, yesterday that million support was at .085. Also had more volume today than yesterday. I wonder what happens when buy volume exceeds sell volume? 100%? 200%?
Gamma squeeze after .50, 100M+ short volume will start to cover.
Retail is in control of this stock, way more then there are shorts in the OTC. Everyone wants this over $1, it is not out of reach.
Benefit of OTC is not having to worry about pre-market or after-hours movement.
More selling than buying and we are up 33%, if that doesn't tell you that this is going up I don't know what does.
And no mid-day halts on OTC due to volume
If the OTC whale groups get on this it could easily shoot past $1.00.
Not as much as many have hoped, pps went stagnant after the announcement.
I can't believe I got my money back from this scam.
Gap to be filled at 2.75 area. Waiting for the dip.
Going to be a great bargain putting more money in this tomorrow!
Bullish Pennant???
I told you all 4/22 this is what will happen. When you don't read the 10K, all you are doing is guessing. I wouldn't touch this after the R/S because he is doing this to dilute for funding. Stay clear.
No. Read the 10K towards the end. Look at the environment outside right now into the summer. Revenue is great and all, but look at the expenses. They need 20M in revenue as stated in the 10K in order to operate at a profit. It will not happen. They will need to dilute in order to keep operating, it's very simple. R/S is coming.
Read the 10K, they are struggling to cover expenses, they need $20M in revenue to be profitable. Not going to happen.
If you read into this 10K, it also stated that if it doesn't come up with 20M in revenue this year it will have to default. Knowing that many of CDIX subsidiaries are going to struggle this year with the shutdowns, they will not get 20M in revenue. They will have to dilute in order to get more cash for operations and CEO's ridiculous $20K/month salary, the only option left right now is for another R/S. I highly doubt they will close on any deal with anyone anytime soon.
It means news coming, the only thing in the 10K about an imminent update was cancelling the issues of securities iirc. So that's probably what is coming out, most who actually read the 10K already knew about this. I already left today with a surprising profit instead of a loss, good luck here.
Looks the same as last week to me.
Crazy how this REIT is tanking when others are breaking even or going positive.
Just doubled down on this.
Never would have thought this would tank this far, what a bargain here.
Missing a 10Q/K filing, might explain the drop mid February from .0006.
This whole thing is a scam. Twitter freshly created, website is bogus with no contact info, and court date pushed back to dilute more.
Looks like I got my 3's that I wanted.
Getting 3's a good possibility then.
Maybe I'll have to get some 4's then :/
What was bid support before close on the 3's? I may add some 3's if dilution is strong enough.
All buys today ;)
Yeah currently 21M on 1 ask, no bid. I knew something was off when the website shut off and the court date moved. My hunch is the note holders themselves created this bogus website and twitter account to get volume hyped up to hide dilution, and needed to push the court date later to dilute the rest of it.
Scam was finally exposed, custodianship cancelled probably.
So many flags being tossed on this you'd think a utility surveyor came out. Contact link still broken, dilution everyday on a supposedly dead ticker, court date pushed back (courts themselves don't usually do that), no information on alleged merger candidates for us to DD on, the list is endless.