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I do remember that, but only because I was a teenager and I thought it was funny.
Getting closer to go time.
Some products you can buy today on the new website
https://redhawkmedicalproducts.com
It's nice to know which thermometers we can buy on Amazon. However, what is really meaningful to us as investors is that not only can we buy them on the Redhawk website today, but that at the height of the pandemic medical equipment shortages, Redhawk sold 2,000 thermometers to New York City.
This should be made into an email to the company, excellent post.
That's really good DD. It's funny that if you look at the product page of that other OTC company's website that is famous for selling UV devices, I think that it's safe to say Redhawk has worked harder at making it's website a useful tool for selling it's products than that other company has. Look for yourself:
https://redhawkmedicalproducts.com/collections/master-list
https://optecintl.com/products/
I'm glad that other company has a current share price of .0899 and has ran as high as 19 cents recently, and I don't see any reason that we can't do the same here. Our share structure shouldn't be an issue that much is sure, just for one last comparison:
https://www.otcmarkets.com/stock/SNDD/security
https://www.otcmarkets.com/stock/OPTI/security
All we need is lots of good news like they had (our's will probably be better) and we are golden.
You know I looked at my account and and had to do a double take! Paint job or whatever I'll take it.
I can only tell you what I think, based on what I saw on my computer. I think the MMs started the day long because they expected a spike in buys after the Q. Instead there was selling so they took a short position but flippers were not dumping enough shares to crash the price and let them cover, as low as they wanted it to go.
Still they knew how much flippers here like to paint the price down at the end of the day so they waited for them try to paint the close down. Then they borrowed all of the last minute sales, added a bunch of shares they created out of thin air and covered their short position using a real bid at .0096 as justification. Then as they always do they showed the true bid at the end of the day.
I know it sounds a bit complicated but most of the MMs work is done by computer algorithms that they trade very quickly, so unless you are watching the trades happen in real time it's hard to know what is happening. I'm pretty sure that flippers were having as hard a time dumping at the end of the day as buyers were having buying. So the Ask/Bid you saw after the day represents retail activity, while the quickly fluctuating ask bid in the last minute of the day was MM manipulation, pure and simple. If you what to understand this sort of thing better you can read this old letter of complaint sent to the SEC 17 years ago:
https://www.sec.gov/rules/proposed/s72303/decosta122203.htm
It gave them an opportunity to close it below a penny, so they took it.
Yep, notice the resistance at .011 all day? That and above is where flippers need to sell most of their shares, they might paint it lower, but they have been selling the bulk of their shares at .01 all day because they have run out of subpenny holdings to dump. They will probably try paint it a little lower if their .011 ask is still there at the end of the day. But I expect us to hold the penny today.
Well you can't pay a lot of long term capital gains taxes without making a whole lot of money, so you are doing pretty good for yourself. A little over half of my shares are from last year mostly from the early fall, so I'll get to benefit from long term capital gains when the real run gets here as well.
If I like a company I always swing trade myself into a long position. That way I avoid being overextended and don't have to be here everyday. I think that is what most longs do.
There's nothing wrong with making money. I trimmed my position down to 3.1 million before the last Q, and have bought a few back down here in the 005s and .006s.
Filings are the best type of good news for an undervalued stock, because most 1 tic flippers are more interested in MOMO than filings. So without a PR it is mostly savvy traders accumulating, flippers will come back with either a PR or large move.
Longs may have lots of shares to trade down here but most flippers have an average cost per share between .009 and .012 so if they are flipping out right now their best move would be to put up large blocks on the Ask. That should prevent the price from falling too far, because the lower the bid gets the less flipper shares are available to sell.
Exactly so there is absolutely no dilution,and if we maintained the current rate of revenue for the whole year it would amount to $11.2 million. But the company's guidance suggests that revenue is not going to remain steady throughout the year but increase:
Exactly,no convertible notes are currently due, and the company has already paid off part of the note that is due next April.
It's a moot point now the 10 Q is already out, and flippers are leaving quickly.
Copy and paste the link information below into your web brwoser for the 2020 SEC filing schedule. (since it is a pdf it is not a working link)
broadridge.com/_assets/pdf/broadridge-edgar-filing-calendar-2020.pdf
The SEC has filing support available on the weekend so it looks like they could file tomorrow prior to 5:30 pm, and still not be late.
That's what I'm hoping to see too. The only way that an NT 10-Q would be a good thing would be if they said that they needed extra time to account for a last second surge in revenue, or something along those lines. I expect to see a 10 Q sometime today.
Today should end up being a good day. Just remember that if volume is low in the morning and large bids are low MMs are allowed to create air shares to short down to those bids. So the day might at least start like all recent days, where it will end up depends on what the company files during the day:
NT 10 Q during the day we will probably go down slightly, or end flat due to an slight end of the day surge.
Nothing, down during the day but up at the end in anticipation of a good after hours filing.
10 Q during the day all bets are off, depends on how good it is.
So now we just have to wait!
Very good point, we are good either way.
So long as the Q doesn't come out. I also think fippers are running low on shares to dump in this range which is why volume is going down everyday.
Yep, this Q is just the second of many good things to come here. The first being the lack of dilution.
Fins almost always come out during the day here. For example the last quarterly came out at 12:30 pm. So pretty much it can come out any moment.
So far no NT 10-Q, doubt that games have much time left.
I wouldn't worry about it, these guys plan on playing games until the fall. Of course they are steadily losing shares to bigger money holders, which means that when we do go up it will be much harder for them to make this happen again.
Yeah it looks completely different, great find.
So $500K of dilution sent the pps up, and didn't show up in the updated share structure?
Anyone who thanks that MMs are going to lose money doesn't really understand how this game is played. MMs make money both when the stock is going up or down. Their games cause traders to lose money if you can't recognize their dirty tricks and sell at the wrong time.
This close to a material event it's the filings and the PRs that will control where the stock goes this week. MMs are simply here to make a quick buck. They make money as flippers sell off an undervalued stock today, and when the flippers realize they made a mistake they will make them chase and make money on those same traders on the way up. Those of us who are steady holding for a market based valuation, aren't making them nearly as much money as the flippers.
Some people are under a delusion that painting the chart down will somehow devalue the value of the 10 Q. I think they are about to learn a well deserved lesson in the importance of material events.
On the second Tuesday of August both in 2018 and 2019 during the trading day CLWD filed 10 Qs. Today is the second Tuesday of August...
Without dilution, and there is none, as anyone paying attention to the filings and the regularly updated share structure knows to be true for over a month now, the current short and distort campaign being conducted by the MMs will end the day the Q is released. Which for all we know could be tomorrow.
Good point, this quarter was filed before the 15th both in August of 2019 and 2018, so it seems they will probably do the same this year as well.
Fantastic end of the day here, and a great week longs or anyone who have done DD here.
Despite obvious manipulation it was a good day here, up just about 20%, and one day closer to the Q.
Just a waiting game now:
I always felt that if you don't like someone's DD you should just post your own. So I had to call it like I see it because baseless attacks on the DD on the board doesn't help anyone.