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if there were only 53 shareholders of UBQU and average...100M that's 5.3B which would actually prove my thesis that this is a kenny controlled zombie stock!
for now. even so sometimes kenny loves to pump the zombies for collateral proof.
and oh boy are the hedgies gonna need collateral to hold both long and short margins in Q4.
very nice.
in the end, right now the interest is strangling UBQU. so we have 3 months to get to the point where they can dilute to the tune of roughly 250,000 dollars or...at that point, the hedgies (which I refer to generically as kenny) get to decide to pull the plug...or not. as I've mentioned this is a pretty healthy zombie stock, UBQU is, if the MJ sector ever moves, they might pull a rakuten again and try to get some collateral out of it.
I shouldn't say dilute, that's a bear worship word. instead, they need to pay that interest. many ways ballas can do it, increased sales (Q3 sucks for all stocks, so the fins didn't upset me, and profit is still happening)
or he can tender offer shares to his "golfing buddies" or if we move up adn if the spy heads back to 4000, I think we will, he can "dump" old style.
what I'm spinning sounds bad, if one is thinking pre 2021.
but as I've mentioned we are kenny's plaything. good news is we are so far in the dumpster we are run by a computer program, nobody who doesn't post on this board that works for hedgie gives UBQU a single thought imo.
computers do what they are programmed. it makes no sense one day perhaps to shoot UBQU up, but hey it's hooked to MJ legistlation, or hey turns out all those short swaps with 8B churned were just one hedgie buying the 1s from another to the tune of 800,000 which means another hedgie holds that bag. and new shorts could have been swapped holding UBQU.
so moon? maybe ubqu moves up or we get to see more crazy swap games and ballas can dilute another 2B as required.
or, and the hope gets better and better every day, a hedgie dies. credit suisse and apollo global management are circling the drain. some little hedgie dies, or a small MM dies like CTSI, we'll see some more awesome dumps to 000001 and we retailers can pick up the pain on the cheap. Q4 is going to be awesome for retail in many small and microcap stocks I believe.
anyhoo, last thing. I do think I'm right that maybe retailers own 7B of this float. I think the bad feelings have done a lot to get retailers out. also, there's a time right now where the smart traders are looking to make some moon money :)
those same traders know what UBQU's potential is. keep in mind right now the ask would be swept up for 78,000 dollars or so. lot of money during the crash. won't be once the greatest transfer of wealth from wall street to main street occurs.
also, it's possible I'm wrong, that retailers hold 15B-20B of this float.
why didn't they sell?
cuz the alex delarges and twit guys who might have picked up enough to file for 5%+ ownership just ...sit and wait. because they know the bear market wasn't the time to sell and they have patience.
either of those two scenarios, I think we're ok, because we're pink for 3 months. kenny can't call the intern at the OTCM and say hey send them to the netherworld.
a lot is going to happen to those hedge funds that keep us in the cellarbox in the next 3 months.
accidental double post edited to save time.
honestly I am bullish about UBQU long term for another reason.
if this was 2019 all over again and it seemed dead and never coming back,
we'd have no posters here like we did in 2019.
instead we have many.
hi fluid. keep up the good work!
yep you said what I was going to say.
we filed. we're current.
debt remains stagnant at 1.7M
basically we're in a holding pattern paying interest on UBQU.
and profits were not as up as same Q last year but great depression 2.0
so, at this point I dunno who has 780M on the ask, ballas? whoever ballas paid? hedge funds.
and you noted that those who do not like UBQU stock or its ceo like to switch their attacks. crime, then bad earnings, then not filing. same ol same ol.
but we filed. now they'll most likely switch back to bad earnings is why we are here.
no. we are here because market crash imminent, economy is in recession maybe depression soon and HEDGE FUNDS OWN more than 50% of our float. computer programs move this stock now. and they don't like it right now.
but we're still here.
as I said before, how can we go up? we wait. we wait until themarkets turn around, and the hedge funds who own the stock decide to pump it.
when is that? probably a bit away. the MJ sector needs love. when that happens, watch out. but right now you might have guessed it's all about hedge funds collapsing and eating each other, yay, and meme stocks.
so for UBQU to be moved up by algorithms, it has to stay pink current. 3 more months of that.
so if you are a bull of UBQU, there exist two ways to financially support your favorite stock.
1. buy the cannazall products.
2. buy the trip 1 offerings. if ballas or the converters are placing the ask, it's interest payments required.
until then, it would make the most sense in my mind for ballas to get a refinance with a new bond which pays the old which now are in horrible baloon payments and growing interest, which goes out to expire say, 2027, but my guess since this is a zombie controlled by hedgie they don't want that right now.
so we wait, and hope, in 3 months, the markets turn around enough to have the algorithms swithc from 'cellarbox" routines to "buy"
at this point I believe that retailers combined probably hold 5-7B of this float.
hedge funds control the float.
if retailers held 10B shares firstly , they wouldn't have "swapped" them in september at trip 1.
also after all this bearish sentiment here, do you folks think that retailers hold more than 10B shares of this float if at that?
this is a zombie stock, owned by CTSI citadel virtu and probably a few more of the biggest and most vile market makers. maybe some retirement funds who are willing to wait out the MJ sector winter and the bear market but I doubt it.
retailers wouldn't have had the ability to "swap" out 8-10 billion shares like that. ballas wouldn't either since he's the speed of human.
note speed of human. algorithms.
they hide shorts on other stocks in convertible swaps. the chaos of september happened when the movie stock went up originally cuz hedgie lost their poop when that preffered share dividend unit was offered. some covering happened on movie stock (not enough to stop moass)
so my theory is retailers didn't somehow move 8B shares at trip 1 without going nobid in a week. nor was it ballas, obviously
it was algorithms. why? could be one hedgies helping another out by removing all the naked shorts on UBQU (which means no squeeze but I've mentioned that doesn't mean a pump explained that in the last few days)
but more likely, it was cleaning out shorts "swapped" into UBQU on most likely movie stock but all thememes did well that week so couldbe any of 150 meme stocks.
don't believe that 8B action was retailers or UBQU insiders at all.
like clockwork, first S&P downturn, UBQU sells 750K to 000001
I bit a little too much bought 250K at trip 1 for 25, filled the first 37500 at 00005 the rest at trip 1.
ALGORITHMS.
haven't posted for a month. but yeah they are attacking my recent posts because I have a bull thesis, whether it's fundamental or not. at this point there's not even A reason to post bearishly on a stock that's nobid, day after day. just isn't
indeed, everybody is waiting for the fins. we just need one. any one. if no fin, kenny calls up the sec they move this to expert (maybe took a while for GDET took 6 months!) and game over. also game over for kenny and friends using UBQU as their convertible swaps on other shorts AND making shavings equaling millions on some days on market making. losing a zombie also hurts kenny, but since he has 9000 of them eh they can sacrifice UBQU.
now if we file a financial. I just hope we have stagnicity on debt, interest paid, I'm praying we have maybe PAID some of that 1.7M debt.
if we get BLOCKBUSTER fins, like 500K debt remaining and earnings of 100,000
profit+? algos might lets us run to trip 3 trip 4.
actually if the markets continue to crash, we might still be stuck right here at nobid.
but as I've said all day and yesterday, if we stay alive pink current, one day kenny will have a reason to make profit on those supposed 20B shares of the float he and other hedge funds own.
either for collateral on their short and long positions, or just to make some money themselves. even if we pump to 0010 (and I believe it will come from media other than newswire nothing Ballas and UBQU itself churns out, you'll see seeking alfalfa, motley stool, cnbc, forbes, someone write about UBQU.
and honestly doesn't matter if nobody sees it its just a smokescreen to justify the pump. then kenny drops the 790M ask to 100M, has virtu buy that for a measly 10,000 dollars starts a run.
if they get fomo running to 0050 or even a penny+?
well kenny and buddies if I'm right own 20B shares they bought for 2 million bucks, and they dump for say a x75 play.....150 million bucks.
of course BALLAS will dump that last 21B he has as best he can but even if he fills at 0010 that's 2.1M hopefully he buys all the debt and goes cash flow positive.
if not, UBQU apes will get upset, fomo buyer bagholders will get upset and sell us right back to trip 2 trip 1 which is just what kenny wants. as I said if we rip bigly I'll sell and I won't be upset but I'll wait.
kenny could buy back a x75 P&D for 2.1M and sell at the top for maybe.....150M? 160M? so 150m- 4.2M (initial investment churn rebuy)= 145.8 million dollars not a bad day for kenny.
if in this scenario ballas dilutes, gets more than 1.7M and does NOT pay off the debt? I'm out. maybe back in for 100 dollars at trip 1 on the re-crash to do the ol trip x2
if he does? no debt all profit maybe a tiny war chest?
thanks kenny for the P&D took me forever to get my average down to 00008, but I'll definitely buy this future grower again.
about UBQU nobid:
also thanks to what I learned in 2019, I've been able to buy when they dump to 000001 and catch enough 00005s and 0001s that my average is now 00008.
so if I'm wrong and we go to expert and it's all over, well I knew the risk.
if we don't, that 0010 pump one day when kenny needs a random zombie to be collateral for the day, OR we finally get MJ legalized and we have a catalyst to cause all algos to BUY all MJ stocks in the sector. 0010 would be very nice.
and one thing I'll give to the haters here, yeah we get the next pump, I do plan on selling, I don't think UBqu to a dollar any more unless we get an event so viral that the name "musk" is in the PR.
old thesis was the moon on fundamentals. the new thesis is we go up because we're owned by a computer algorithm who might not know any better and might go crazy because that same algo is hooked to a basket of stocks that when the algo goes BUY it buys that basket of stocks.
lastly my bull thesis is plain old 1950's basics:
bear markets last 1-2 years on the average. bull markets last 2-5 years on the average.typioally, unsuccessful investors sell during bear markets and chase rising stocks. typically successful ones do the exact opposite, buy during red sell during green.
none of that has to do with what ballas did foolishly in 2019, what he couldn't control in 2020, and it's too late to pust any trust in ballas to save this company right now.
but as long as this stock doesn't get sent to expert, it no longer matters in my opinion, so for me it makes no sense to cry about ballas, scream about how poorly the PPS has performed, and for me it makes more sense to focus on who controls the stock price and what might cause it to run.
as always if the idea that UBQU might never turn around ever is your thesis, well its too late to sell now, but ther was plenty of opportunity before S&P 3500
heh I got one of the folks who really wants you all to go away tell me I am pumping the stock.
um, I stopped posting for a month. they've kept on posting hating, when they had a chance for YOU to sell at trip 1.
I'm not pumping I'm just saying it isn't ballas. it's kenny.
and why are THEY here if it IS dead and has been since 2017?
less than a mil in volume TODAY. it's been many mils other than that. but you are attacking me based on your own emotion.
I didn't say we will squeeze with the algorithms. read my post. WE ARE A VICTIM OF ALGORITHMIC TRADING>
today, when they curled the spy down (turned out they didn't get their spy dump YET) they sold 1000 shares to 000001 only an algo would do that.
I have no proof but I guess I need to say a few things more I said yesterday to remind everyone now of my thesis since you want to make a case that we're here only due to fundamentals:
- I think Hedge funds own easily 16-20B shares of the 29B now in the float. they place the bids and the asks
- they LAUNDERED 10B shares a month ago yet only 2B was diluted. and we stayed 1/2 UNTIL the S&P dropped to 3600 -
I didn't say it can squeeze any more. in fact I think the shorts were laundered out. but I'll say it again.
we are a zombie stock OWNED by kenny. one of 8490+ stocks owned by kenny now.
fundamentals no longer matter, crying about ballas no longer matter. ballas made the mistake of agreeing to convertibles and the converters and kenny were happy to drive his company into the dust.
again, what did I say yesterday? I said we could still pump. because THE HEDGE FUNDS OWN THIS STOCK NOW>
if we stay pink current, one day when hedgie NEEDS to pump us for collateral reasons or the MJ sector gets love in general and "big money" decides to pump the entire sector, OR for some miracle we get a general bull market again and money just flows in or powell goes schizo and starts blowing money back into all boats? we pump. and yeah i no longer believe ubqu = 1.00 on fundies but I sure believe 0010+ once hedge funds either lose control of ALL the pennies they dilute or they decide UBQU gets their P&D for collateral or whatever reason or they wanna rug pull new fomo chasers.
I've been asked a number of times "why don't you beleive this stock sucks cuz of fundamentals? cuz of ballas?"
why join in on the hate will be my answer and Kenny and hedge funds control this stock.
only reason at this point for ME to attack ballas or the stock would be so I can feel good that my CHOICE to invest in it if it goes to 0 I can BLAME SOMEONE OTHER THAN MYSELF.
I coulda sold it all when 10 billion shares laundered and there were 10-100M 1 bids in that craziness. but I didn't because I don't believe the bear thesis.
there's your answer why I don't believe in the "bad fundamentals" are the reason we are here, right now. and how if the S&P returns or memes moon, we'll get a pump....also if Ballas actually gets cash flow positive OTHER than interest and grows the company....when kenny decides to p&D it it might not BE just to 0010+ it might be to a penny plus since now KENNY controls which PR he wants to promote not ballas nor the retailers. when you see a PR on UBQU that's a puff that isn't written by ballas (rakuten that one was echoed on some non-newswire) we could seriously run.
I'll post again DETAILS of my new thesis AGAIN if it's misunderstood.
glad you used to respect my posts. do a little look at the S&P and UBQU's present price action, you may again.
gotta repost this: the basics, even shorter this time.
basics, this is ALGORITHMIC TRADING GOING on.
for those who are still buying down here, listen up.
we just had the SPY squeeze a bit but kenny is readjusting now and re-shorting the SPY.
soon as we get a downward curl on the S&P? on less than 1000 shares, the algos SELL to 000001.
fundamentals my patoot.
so I buy 25K no fees right? pfof yay.
I get it at 00005 so 1.25
I buy 225000 sometimes they give me that too at half price.
no I got that at trip 1 22.50 because the algos aren't turning all the stocks down TOO much so they didn't dump millions to 000001
anyhoo for those who are tired of these fundamental bear arguments and whining, hope this one stays up.
it's ALGORITHMIC TRADING ON UBQU RIGHT NOW.
it'll turn around once the algos decide to buy the MJ sector, and UBQU. when that Is dunno but for now I enjoy picking up shares at 00005
ya we need those fins to show up before "expert"
if I'm right and kenny loves his UBQU zombie for a pump he won't call up the OTC and have us slapped to expert and we have time
if I'm wrong, and kenny doesn't love this zombie, if we don't file within a week of whatever grace period, off to expert. that would be bad.
I doubt it. I think some interest balooned recently and I hope he paid it. I hope they file. even if the fins look HORRIBLE a couple of thing about that"
- we're in a global economic crisis. everybody thinks from apple to netflix will have HORRIBLE earnings.
- I just wanna stay pink through this nightmare.
if ballas could pay that 1.7M debt, we would get the algos to buy. don't think we'd head to 10 cents but we might get movement towards trip 10.
but for now, we don't suck RELATIVE to the giants who have fallen.
and the website, the rebranding, it was real. I bought the products my family loved the new products.
stay alive, UBQU. don't think a symbol chance would squeeze the stock any morebut we need that darn Q out of our ticker! Q=bankruptcy in NYSE language. wish ballas had a smarter branding officer back in 2014....
but it's irrelevant, my point is they made moves to STAY alive. now they have a bear market against them. hopefully they can stay alive as now there is no tailwind for any stock. but if they do, just stay alive, UBQU
yeah. I haven't private messaged you about the memes because it looks bad.
but....honestly all the upward movement INCLUDING UBQU early 2021? was whent he fed was quantitiative EASING.
fed prints money hands to wall street big banks they buy all the stonks. including UBQU.
right now, it's quantitative tightening and a global crash.
lol...what's the good news?
UBQU can go to 000001...BUT that means hedgies are dying when that happens. and we can buy UBQU at trip 1 and get market maker fractions if that happens.
my point is I know some folks have spent YEARS convincing us UBQU is a dead cat
- it was going to go private
- it was going to go dark and go defunct
- ballas owes 25,000 dollars
- ballas in collusion with GPL
etc etc
they've spent years saying UBQU is dead because of fundamentals the CEO etc.
and now, every stock is dead because of a global economic collapse.
all Ballas has to do is pay the interest, sell blood if he has to if he can't dilute. and keep pink. that's it.
those of us who come out of the collapse IF it happens will get our "pump"
what if markets don't collapse? hehe well then we'll get money flowing in sitting on the sidelines right? the main memes will rocket, and algos will go crazy and UBQU will come upWITH it.
anotehr thing I mean maybe some of these folks did sell into the 1s when they had the chance. here's my question about that.
if you sold any UBQU folks....what was the play you chased that was BETTER?
I'm rocking a billion dollar now-the-theatre-global-MONOPOLY chain and a brick and mortar now NFT company....heheh...the first is down 80% on EXCELLENT fundamentals, and the game company is doing a little better.
my point is this. if UBQU is such a POS, why are billion dollar or 500M+dollar meme companies as DOWN AS MUCH AS UBQU?
I don't need to explain further. for me, we aren't fighting ballas, we aren't fighting those who post negatively about UBQu or Ballas. we're fighting the same wall street who bankrupted our parents in 1987, 2000, and 2008.
happy to do it at 50 dollars per million shares.
it's all algorithms.
so much work put in by folks on this forum to claim ballas is some master criminal. yet you won't look at wall street.
smh
we had a bid of like 200M yesterday, 2 billion churned. and we now again have 106M on the bid, the ask at this point is irrelevant except it is designed to stop a run from fomo.
so who bought the rough 1.8 B? how come no hard lockdown nobid?
chuckle. now I don't think this, but at this point if the whole 26B float was acquired at trip 1 that's 2.6 million dollars.
no way retailers are willing to own it. but what if a movie company maybe looking at acquiring a zombie stock with a great future concessions item like CBD products were to remove citadel access to one of its P&D and collateral pump playthings for a measly 2.6 million dollars?
stranger things have happened already.
new PR out.
definitely not written by ballas.
probably written by preya or the new marketing guy.
it's well written.
ok now honestly, fundies shmundies. UBQU has grinded like, 6 billion shares, mostly at 1 and sub-1.
and in my very confident opinion, this has nothing to do with what I am sure are the screamings of haters of ballas and of the stock.
if this was truly the bear thesis that ballas is dumping and wasting A/S (also we moved 6B and the A/S has not gone to float yet) , we'd be at hard nobid and looking at bankruptcy as the convertible bondholders which are allies of wall street would be looking to close the company. but they aren't far from it instead they are laundering 6B shares and returning us to 1/2 light 1 bid strong 2 ask.
so my theory of massive hidden naked shorts on UBQU may not be true but I'm not giving that one up for good.
but UBQU is definitely a "zombie stock" cellarboxed here on purpose because wall street does own our float. like 8000 others. so the MMs make thousands on each penny stock moving fractional trips, AND they also might be hiding shorts on the meme stocks through swaps which are illegal but if you've noticed, a lot of illegality has been proven and the SEC does nothing.
one day they might pump the stock for collateral. we also might have seen volatility yesterday because collateral increases happened on movie stock once it went under 10 by SEC rules.
either way, UBQU isn't going anywhere. we might be cellarboxed at 2 for a while, but it's clear to me that this is a wall street toy and they'll control UBQU until they can't control ubqu.
also at this point when it suits them, they'll let it run. I think the rakuten thing was a dry test on a P&D ....and no UBQU retailers bit.
in the end, I expect more volatility and I picked up a few more 1s on the cheap. I dind't get any 00005s or000001s like I did in 2019-2020, which doesn't surprise me, in 2019 I think UBQU = 0 was the play by wall street, now I don't think so. game has changed. so they weren't wanting to give me a deal on their precious shares.
good news is I don't think UBQU=0.
bad news is because the apes have no interest in fomo-ing in, hedgie will keep this churning at 1/2 with a weak 1 huge block-wall 2 until they no longer can use UBQU for their own purposes. and ballas, preya and the marketing guy i fear can't do a thing to stop it.
nice PR, but imo won't mean a thing unless wall street wants it to.
ROFL
I'll keep this brief
I think hedgie had some SWAPS on the big memes buried in UBQU!
so far they might have covered 400-500K dollars worth of it, which is a drop in the ocean, but these guys have their shorts buried so deep they are in PENNY STOCKS.
awesome.
this is the last dip before hedgie loses control of their zombies.
that last fin was confusing to be sure.
2 fins before we diluted about 2B, and about 100,000 was forgiven
recent fin, we diluted 3B and debt in "going concern" remained 1.6M "interest paid" was in the fin 576,000
so either
1- input errors with lawyer cheung in the filing. we'vehad errors before. but I give this a low possibility
2- baloon payments on additional interest.
honestly, I am unsure, that's why yesterday I did give support for a bear case that they've reached critical mass on baloon payments and interest.
even today's action is weird. we're still "dumping" yet not going to a hard nobid lockdown. not sure it's all about UBQU's debt problems either
let's just say....the big wall street money is taking a serious beating int he memes now. some of this could honestly be emotional trading with the market makers, laundering naked shorts, OR just panic selling by wall street which I am positive hold a LOT MORE shares of UBQU than retail. I don't think apes are stepping in and buying 180M ones at the open.
in the end, penny stocks are an experts' game. there's a chance we are a zombie in the cellarbox and without investor sentiment to cause fomo pushback like a major meme stock, this play does fail.
I do think because this refuses tor whatever reason to NOT go to hard nobid, I think one day the bid rises again. it will then be up to us retailers holding less than 200M (and admittedly my position is not that huge any more) if we want to get off the roller coaster or continue to question the weird moves that continue to go on that have NOTHING to do with recent PR campaigns or fundamentals.
it's still 5 possibilities.
1- UBQU's interest payments are equal almost to the dilution. in this case, we never get out of this cycle
2- The converters are dumping at this point to perpetuate the debt cycle and UBQU has no control, therefore, they have to take other alternatives. no longer a fan of them going to a bank for it, those who have a goal of ubqu = 0 do not want that to happen, but as we are seeing, there are other ways to skin a cat now than offer more UBQU shares. I'm liking the future possibility of a CZAL unit.
3- the folks piling into the bid are humans. they have a more positive sentiment. if they were to buy and hold, it wouldn't matter what the float is, the next fomo event would force the sellers to think if they wanted to expend their shares at so low to continue the psychological play. i give this possibility at this time nearly nil probability
4- monies are being spent to increase markets through various marketing. the rakuten ad gave us evidence of one thing, big money took notice of it, where they cared less about all the facebook stuff. in 6 to 12 months, we could see viral amounts of money come into UBQU's coffers
5- regardless of at least two new officers at UBQU, they are continuing to dilute foolishly while in their control, and not using that money to pay the debt, they lose confidence from retail, and this possibly could cause retail to capitulate and this goes to a hard nobid. of course, that depends how much of the now supposed 28B float is owned by retail. if it's 10B or more, then yes, ballas would be loathe to get a hard nobid....of course, if it is small, and this stock is not overshorted to have squeeze potential, he could easily sell the company for even 10M at this point to an investor and not need retail to buy. also if retail has capitulated and left, it's possible that UBQU and converters are shorting to institutions, so the cycle perpetuates and we are left to twist in the wind 1/2 indefinitely.
Pay the debt, remove the converters, once that happens, and they are cash flow positive, then Ballas should lose his investor support if he continues to dilute.
who would put the ask right back to nearly what it was pre-rakuten?
why....algorithms. tho new folks would make you think it was ballas
4.5 billion moved in less than two hours, to nobid then to close nearly with the PPS spread we had 2 to 3 trading days ago.
not only is ballas a crook he's a masterful computer-driven market spread manipulator. rofl.
I"m guesisng ppwk means the deal back in 2018 to be screwed over by converters. YES, many penny stocks, THOUSANDS of them and some bigger blue chips fell to the sire song of toxic convertibles and they are all paying for them now.
and if the ppwk is a deal with the converters, it's the converters selling the A/S.
also the last convertibles are in the financials. GPL and I think the other is apex or something. they sold it, I'm sure ballas is regretting it now.
so nothing you posted about what I've said is like, wrong. it's in the fins. the fins are there. debt conversion.
I doubt an rs is coming.
when is somebody going to admit a certain email claiming global links owned hemp life today back in 2013 , released to this forum JUST before we started taking off for the first time Q4 2020...was ...edited?
today broke some interesting news.
Melvin capital and robin hood to get a hard investigation soon
JP morgain ain't looking so hot.
and these institutions might "only" have had that phantom 1.6B we can't account for today.
when one hedgie goes down, hey,helping play "toss the hot potato" to the tune of 160-400,000 dollars is couch cushion change.
could be some of that too.
oh I think we'll slowly build the bid again.
if I am right about this being an algos driven thing tho next week will ontinue to be 50M volume, low bid, huge ask
I've now posted a bullish and bearish case on the floor, the one question is:
who ate those 4B shares today?
was it normie humans?
as I've mentioned, I didn't load the bid or greedily slapped the ask. I doubt ANYBODY on this forum spent more than 1000 dollars during megadump 2.0
at this point we all expected the play to be over after megadump 1.0
bid 170M and shrinking, ask 1.9B about to hit a record 2.0B
who ya gonna dump to now, "ballas"?
can't convert default on debt play over. I was actually thinking that.
then when the bid grew at first I thought ok hedgie is gonna RUN this thing. then I also thought, no could be megadump 2.0 but WHO ran up the bid and so quickly
(2 days)
and we returned to the old spread in 2 HOURS after laundering 4.5B shares
find out who bidded, find out how 550M ask 2.4B bid turned into 4.5B VOLUME with 80M bid remaining (that's 1.6B shares unaccounted for or they were either .000001 drops into kenny's gullet we didn't see OR ask slaps we didn't see or insta-BIDS that some "fool" threw on the 1 to get eaten up or it was PLANNED by the second (don't think ballas is that quick, that takes an ...algorithm and multiple wall street computer collabs)
but yeah, 1.6B shares poof hard to find in a second.
it was worth picking up 1.2M ubqu for 120 bucks to see us back at the starting point
they don't want us to run, they don't want us to nobid....who is they? most likely not ballas ballas would love to dump on a RUN
its the algos far as I can tell
but I will be honest. I need to be since i have this reputation as the last pumper, and I'm the only person on the planet apparently who doesn't (yet) hate James A. Ballas.
we diluted about 2.5-3B last quarter. it all was converted, in the fin.
yet the document still had 1.6M debt as the "going concern" where I expected to see maybe 150K debt removed from it.
a fat finger by cheung who filed it?
or has interest payments gone up and ballooned?
so IF these conversions whihc have to go against debt are not going against debt, or they've hit a critical mass where they are diluting at this rate monthly or quarterly and not making any headway against the debt, then yeah, this anguish continues. I doubt the converters will take a default and CLAIM the company, the converters love seeing us and UBQU twist in the wind.
but yeah this continues in like 8 months, more A/S would need to be applied for. would 100B A/S be a record?
so yeah not a financial advisor not financial advise and to be honest, I'm not getting hammered on this play personally, in the last two days I've bought maybe....2 MILLION shares? average cost now 305 dollars?
my average on my trading platform is trip 1.6
but with that being said, not a financial advisor not financial advise, we've seen this happen twice in ...two months? they could be at critical debt mass. so the new website had better skyrocketed sales and putting out PR and dumping isn't going to save it. the converters are like vultures and KNOW how to short the stock to guarantee ballas never crawls out of the 1.6M hole this way.
so guys. I get hated with bullish hated when bearish, but if this play is diriving you crazy and you really do believe that the movement is ballas ripping you off....well if I was resolved to be done I'd stack the ask at 2 just a little and hope we get another 1 build next month.
I'm still hopeful that developments outside of UBQU are making headway into raising capital by ways OTHER than shorting the original stock. '
also having someone outside buy his debt (for 1.6M doesn't need to be elon musk)
but yeah, if this type of stuff continues into and through the next financial, and especially if UBQU is down in the cellarbox with us all hating ballas and the memes squeeze.... I think ballas is done. this stock will never see above trip 2 again. ok there ya go. I admitted the bear case. no more "pumpers" on this stock on this platform.
jb being blamed, but it seriously isn't.
we had this 170M/ 1.9B situation 2 days ago.
we've had these 3B dumps a month ago.
the last 3B dump was all converters, did anybody read the last financial?
this time probably the same.
what was different this time, what is nobody talking about? the rakuten PR.
Ballas didn't get 2.4B on the bid by manipulation, that PR took the big algos by surprise. we've been seeing all kinds of PR and it didn't have any kind of reaction, all of it is far looking forward too, 6 months to a year, this one triggered and algo, could be that two other agencies outside of newswire spread it.
again, this isn't JB, it's the converters AND their big wall street algorithm buddies.
and the bid will rise again. I'm sure you UBQU apes are sick of it.
will you take the next bid rising as an opportunity to get out of the play? whoever's bidding, I am sure, would love to have your shares?
me, I think it's the algos, so they ain't getting MINE.
oh DEFINITELY there's corruption
the market makers, the hedge funds.
another thought here...4B moved yet at the end nearly the same structure pre rakuten
Bid 80M (was 170M) ask 1.5B (was 1.74B)
how about this. amy and jimmy and betty are about to rip, you've probably heard of the div split and the unit
maybe they hid some of the shorts in UBQU, maybe they are now worried they might actually have to launder all the Ftds...daily maintenance and that PR doesn't help could be fomo...
no fomo, ok buy as many 2s as one can, build the bid....no retailers sell bummer, ok hey new hedge fund short a couple billie so I can BUY those 2B ftds soon. thanks....what now you have 2B Ftds? no biggie they won't come asking for another 6 months on this cellarboxed zombie stock
but more realistically I'm going with since memes DID rip.....first the converters said ding its mid month, gonna convert some for more money than debt forgiveness, oh wow 2B sold, hey minor hedge fund, memes are ripping SPY not so hot, lets liquidate your 1.2B shares in that cellarboxed stock. then we got 80M of layed 1s by panicked UBQU apes. they got bought up and lo and behold, the algos returned us SAFELy (for them) to the pre-rakuten levels.
even if that rakuten PR ever COMES to anything it'll be 6 months down the road. the algos were just setting up to see if RETAILERS chomped at a fomo run.
honestly, they did NOT, wall street can't rip off retailers if they don't play, that's why they put out a opinion piece in bloomberg saying the markets can't recover until retailers sell (a lie)
just theta decay on a great PR that didn't cause retailer fomo for a P&D would be my guess. EvEN i got stoked. you saw it in my posts. but I failed at my own rule, keep ones expectations low.
also turns out that red STOCK PROMOTION in OTC probably was meant to SCARE retailers instead of encourage them. oh well I learned a NEW trick our NOT FRIENDS at the otcm use to keep penny stocks in the cellar.
UBQU better not promote the COMPANY...or we'll claim they are trying to P and D on what is supposed to be a NEUTRAL website. it's only wrong to self promote ones company if those who pay big bucks to the OTCM want the company to fail, right?
oh well, we know that converters just piced up nearly another 300,000 plus whoever got their 2s filled in the last two days. and last fin no debt forgiveness, so hopefully another 300K goes towards hitting some of the debt. we'll see.
more insteresting to ME is who lined up to EAT that 300K+ dollars on the bid? wasn't me, I picked up maybe 500K 1.5s and 1.5M 1s on this run
were 200K+ of the new bid fresh UBQU apes, or veterans? or was is all wall street playing their own reindeer games?
if they wanted this stock to go to hard nobid it would be there already.
and that's why similar to last time, I bought more
Fres you drank the kool aide?, I remember when you were chiding ME for being bearish when I would say some times in my analysis UBQU wasn't ready for a run. I was HOPING for a run this time, but all the apecasters are saying next monday is a new downturn for the S&P so yeah I expected UBQU needed to rip soon or not at all. no way ballas just swung 4B smashed the bid and restacked the ask back to our "bear position" only wall street has that kind of power.
folks folks calm down. now 4B a RECORD
and you guys are blaming ballas on this.
the stock is being MANIPULATED. and already we're back at trip 2 same pattern
and guys I didn't read you folks grousing over the fins but all the 'dumping' was CONVERSION in the last fin.
I WISH ballas was dumping, then he'd get trip 2 instead it's the converters who have screwed over many more penny stocks than UBQU since 2018 with the sire song of conversion
good news from this? they can't keep it at hard nobid. they don't dare.
and again look outside window, new ways to throw off wall street coming soon.
bad news is UBQU in too much debt to escape? that's YOUR decision. but honestly if you guys think this is ballas and it will never end, well another one of theese cycles is comign soon imo. if the bid gets back over 300M+ my guess you can end your personal pains.
for me honestly? Zen AF.
I lean towards MM prearragngement.
I think the Rakuten PR was bullish, algos adjusted, realized no true P&D rug pull coming, 2 days theta decay on the news return to "bear" position.
some converters continue to screw UBQU's balance sheet too
more proof of this: GDET finally went from strong 4 lean to filling my GTC 3 bid.
algos. for now.
my guess too now that the rakuten PR was NOT a hedgie orchestrated thing, it got tweeted about and was OUT of their control...but it was an UBQU thing.
so fundamentally, UBQU is not a dead cat.
it's a bummer, but my long term belief UBQU gets out of the cellarbox remains, just not crazy zombie stock pump by kenny for now.
who bought the 3B? all apes. HIGHLY doubt it. man I wish the 3B was bought by UBQU apes with a similar mindset.
yep. no reason ballas dumped this much directly.
MMs and converters.
and as promised, buying 1s
ugh. no, the bid got slapped, from 2.4B to 200M
yeah maybe this is A/S again, picking up 250,000, doubt interest is due again, perhaps a baloon payment, or honestly a serious restructuring of the algorithms, the rakuten news is definitely future looking, and the algos did NOT get the fomo from retailers it was hoping. so no run
sadly it does definitely appear that MMs want to keep us in the cellarbox.
the good news is that the funds that are needed (either in loan forgiveness or interest payments) are being generated. and I think the move to NOT send us to nobid was INTENTIONAL. if they do give us nobid I'll buy the 1s.
wow. yeah this is kind of dirty.
moved 2B+ and the BID is still showing on mine as 2.08B ask now 1B+
either we're going to see the bid annihlated with an update, or they are LAUNDERING 2B shorts, or theres some weird coordinated stuff going on, and ballas is NOT smart enough to place asks to get 2B smacked into them coordinated.
my guess is MMs were taken by surprised wby the rakuten PR and adjusted for it, now there's theta decay on the PR, the algos STILL hate the stock, and the SPY will start dropping hard next week. so maybe no need either for the Mms to run the stock for any collateral pump. definitely not shifting billions to the ask says that.
sigh, perhaps back to business as usual. bummer, but hopefully these shares are ending up in APE hands, not MM hands.
having tech issues wouldn't let me post!
doubt it's ballas direct. he could sell the 2s now
could be a converter, they want the PPS to go down and stay down
or could be a MM dumping 500M to "balance 0" the 500M of buying today and yesterday
we have to wait for update, but so far the bid did NOT move.
my guess is only moved to trip 1 because who would volume 500M in this environment wants the stock to go down and stay down., not an UBQU ally.
a theory as to why rakuten made all the difference for UBQU's sentiment:
rakuten is the streaming boss of asian dramas ...and this is quickly gaining market cap in the streaming biz because even Korean movies are being seen as having PLOT where disney and netflix not so much.
who mostly watches Asian dramas at the moment? asian americans, especially older ones.
generally speaking, in today's times, are asian americans....wealthy? typically yes, they take risks, start their own businesses, keep the wealth in the family....the rich from communist china, can only move 50,000 dollars a year to america, and during 2013 to even now they exercise that, and many come to america ASAP.
so retired asians watching Rakuten are usually wealthy.
also what does eastern culture feel different than western? not a fan of big pharma. typically have longer lifespans (not sure of that but I too come from an anti-big-drug culture and my family lives into their 90s typically) eastern medicine is more preventative more holistic and therefore would be more intrigued by a well branded cannaboid company coming into advertising.
so if even 2 million eyes of folks who are in the USA and receptive to CBD type products and have more wealth than debt look on Cannazall.
could be that viral thing I keep talking about.
oh yeah, and who recently became our head of IR and might have SUGGESTED UBQU target rakuten?
why a wealthy trader indian ....hmmm
say all the hedgies (citadel securities and their MM are tied together!) own....just half of the shares here, so that's 12.5B
don't think they can run UBQU to 25 cents...but they could easily run us to .....1 cent
and based on pumps they have done to zombies for temporary proof of collateral, let's say 3 cents.
their present 12.5B position is presently worth....2.5 Million dollars
they run it to 3 cents before the dump to show UBQU as collateral? then that 12.5B is valued at 375 million dollars.
might be useful to hold a long position leveraged 3x up, or show margin when gary checks in for a short position on you name it.
biggest problem for hedgie is if we rocket up even to a penny and ballas isn't asleep at the switch, he sells just 200M of the remaining 24.6B A/S and the debt is DONE. Preya better slap ballas with a wet poop sponge and say NOW PAY OFF THE CONVERTIBLE BOND.
and then, with that, all the folks cellarboxing UBQU have to go hmm maybe no Bankruptcy, maybe cover go long...
or if they are toxically short on UBQU with maybe just as much (12.5b) SYNTHEtics on UBQU, then they are tgerrified.
ms. preya or some financial advisor says to ballas ok now sthere's still 23B A/S to dump. CANCEL it or leave just 1B left. OR take some of that leftover UBQU cash cancel all and declare a BUYBACK.
or even worse if this ape unit takes off ....issue a new UNIT instead of more UBQU A/S which has to be newly minted ..hey symbol change SEC is slow walking? let's issue 26B CZAL units valued at .000001 (I don't care make it cheap as f because the thing is, when its issued, better not be more than 26B of em on a 1 to 1 or you gotta go into the market and BUY THE CZAL unit. then we don't care if we ever symbol change, that Sec worker can slow walk the application until kenny's mayo rots for all we care.
getting debt free is key, even if our earnings are tess than we make workign 9 to 5 jobs. tons of things can be done to FORCE fomo or hedgie manipulation to END once we have no debt with no further dilution.
UBQU is tied to the same algorithm has always been my guess.
CDEL is always in the top 4 on the L2s bid and ask (maybe not on this ask as it shrinks away)
what does a little trip penny stock company that sells CBD related products have in common with:
- the largest theater chain in the world
- a company that sells video game cartridges and NFTS and crypto
- a company that sells hand soap and fancy pillows and throw rugs.
well when those big boy companies start showing weakness and a trend reversal, the little cannabis company also starts selling into the 1.5s and trip 1s. at the exact. same. time.
also when those big boys reverse again, we get ask slapping on the 2s again.
it fascinates me, how UBQU has such commonalities with three other "fundamentally unrelated" small caps.
V shaped recovery in the memes SPY is strong and we've flipped algos from poot sells to just acknowledging buys by retailers.
volume is a healthy 180M compared to the doldrum days, if this continues, I'm hoping for 200M+ more buys into power hour.
I'm sure the floor has mentioned that 'promotional activity' sticks on oTCM, it is red might have been made to warn of P&D? but at this point it can only help draw people to this cellarboxed play. it might not even be INTENDED to be a bad sign, as I continue to believe we are ready to run and it isn't ballas or the new CMO guy have anything to do with it, KENNY wants us to run (and I refer to kenny as an amalgam of MMs, wall street, institutions) whether for a rug pull on new buyers later, or a collateral pump of a zombie to help hold their margins when the SEC investigates, or maybe that rakuten PR really does mean a lot (apparently K dramas and chinese television is a big craze, whoda thunk)
LFG!
back to back PRs, the ALGORITHMS want to push this up by stacking the bid and slapping the ask, we had a BIG BEAT on the CPI data and the memes are rocketing!
loooking very good to head to 2/3 if not run.
yeah there is a concern that this wasn't "good enough"
keep in mind nearly ALL the 1B volume, when subtracted from the 1.74B ask gets us the REMAINING 710M ask.
sure it didn't dry up the supply, but nobody STACKED it after this.
it really is simple there's only 3 folks who put up a bunch of 2s.
1. MMs
2. A/S sellers (converters or UBQU aka "evil ballas the diluter king")
3. professional trip traders who bought the 1s, put 50-60% of their 1 buys on the 2s so once sold are playing for "free"
1. is doubtful, if the MMs wanted to manipulate this UP, they'd pull the asks. and if MMs wanted to KEEP the morale low, if for some reason those 2B new bids were RETAILERS they'd just grab the 10B or so they hold collectively and smash it, so everybody would scream "oh no dilution" and continue hating ballas and the stock
2. this one makes a little more sense. guess we'll see but hey, getting 1B at 2 for 200K is better than dumping it before for 100K. either way if A/S was "diluted" it helps UBQU's balance sheet and stay in the play. though I also think it wouldn't be ballas sitting this heavy with A/S. the converters maybe, but ballas wants this thing to run so he can sell less A/S for more debt conversion. but he hasn't been able to because markets have sucked hard 2022 is the worst S&P YTD since the 70s you know, and because its now a know fact that big firms like citadel securities love 'cellar boxing zombie and penny stocks'
so I'm going with a majority of 3. with a healthy fraction of 1 with the intent to "monitor investor sentiment" should we get a run.
there's a lot of supply out there, but today, no indication they wanted to dump supply on us to stop a run.
again, if this was retailers, I'm 100% certain you wouldn't have seen such a huge BID buildup, more ask slapping with an emotional goal of reaching 2/3 today.