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Toto’s also buying non-voting shares...which minimizes the risk of the whole voting for a RS thing that happens in the OTC. It’s even mentioned that it’s non-dilutive. In my mind, that’s better news than branded crypto, but that’s just my thought
Jesus. 14’s getting gobbled
Seems to be a fake wall, but everything that gets put out there gets eaten
This is the part that really intrigued me:
“The conversion price is equal to 90% of the average closing price of the common stock on the 10 trading days immediately prior to the conversion date.”
I feel like ‘on or before’ would leave less room for ambiguity.
I’ve got some Brie in the fridge. It should pair nicely with your whine
This is what I’ve been thinking as well. what makes me think two is the size of some of these sells into the bid. Like that trade for 100 mil. What average Joe has 10 grand they can afford to throw at this? I’m sure there are some, but...
I don’t think an RS makes sense right now, but I could be completely wrong. we’ll know by Monday (I’m thinking after hours today)
This is looking pretty good
Doesn’t seem like anyone wants to part with any 1’s right now
This has nothing to do with misinformation or the PPS, but who the hell still mails out paychecks? Direct deposit, man.
I wonder why there’s this kind of volume on a POS no-bid penny stock..and why 10 mil bought at 0002 in the end? Who’s buying this?
Pre-OIF/OEF problems
Honestly I was expecting big more selling into the bid this morning.
The pps is nothing new. It’s the bid stacking at trip 2 and the lack of bid whacking that’s unusual. Could be nothing, could be something. We’ll see
I’m dubious lol. I gotta see them do this for a few days
Every time the ask gets slapped for a million shares another million shares magically show up on the ask. It hasn’t dropped below 109 mil
Some interesting buying going on
You’re*
Oh I’m not doubting your experience man, or what’s happened here historically. I’m just looking at some odd trading and trying to make sense of it. Just seems to me someone with deep pockets is incredibly confident in their purchases.
...he replies as another $15k trade goes through
I don’t doubt that there’s dilution going on, but what I want to know is who throws down $15k on a single trade? Why would anybody take a position now if they know this is going no bid?
Who’s buying up all the 4’s?
Folks talk about this being a dilutive nightmare, and yet there are still some big a$$ buys...
Yesterday someone bid sat and grabbed up over 16 million shares at a shwack. That’s not indicative of NO INTEREST, that’s an example of people subtly (and not so subtly) accumulating. Flippers? Maybe...but that’s a lot of bank roll to throw down at once for the possibility of a 1-2 tic flip
You’re*
Not to mention it’s an exact duplicate of a post that’s already been sticky’d.
Grabbed 90k more last minute and it took them 4 tries to fill the order completely.
Hey LT. I was wondering if you could help me ID a target price for ASNS. They announced a merger today, and there’s a gap up to $19
Wow..it’s gettin’ serious here
RBIZ
“Looks like I picked the wrong week to quit amphetamines”
I don’t think I’ve seen you mention averaging down before, LT. I wonder if you see potential for a good run, or if it allows you to exit should it pop up a little bit.
Lol so that’s what that means huh?
‘This Company sucks! Instead of collecting the money they owe me, I’ll just take these worthless shares! That’ll show em!’
Is there any logic behind that? Any evidence? Or are you just being a big ol’ sourpuss?
Is that supposed to be a counter argument? Dilution’s part of the game..they said they were going to increase A/S, and they did. So why complain?
Means that rather than being guaranteed repayment in the future, they chose to take shares instead. It shows that the people who control the debt have faith in the company..or at least, faith in a future PPS increase.
I’m guessing the lenders didn’t just sell to the three ‘C’s’. Not sure what they’re doing just now entering the scene tho
I’d love to see him move up on the ask, just to see what would happen.
there are certain circumstances when the phrase 'show your wife..' is acceptable, but coming from you it's just creepy. You have officially crossed over into creep territory.
I don’t think it’ll come to that LT!
Exactly. That ran from .02 to .36 inside of a week. And then from .14 to .24. That was held down much like this is..and they had nothing going for them. So with this, the sky’s the limit as I see it. Just gotta sit on it for a while.
This is being kept here for a reason, and News isn’t gonna move this. When the big guys want it to move, it’ll move