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I wonder how this is calculated and if the divie has anything to do with it...
Seems like a legit forecast.
8.3M sells= 8.3M buys. I agree that people are losing patience and bailing but that is normal and to be expected. This thing has been dead for a while now. Everyone is waiting on the name change/divie. Until news about either comes out, this thing is going to stay stagnant.
Rumors Debunked "The confirmation announcement today is in response to emails and telephone calls asking for details about an alleged reverse split. It appears a reverse spilt rumor was fabricated on stock message boards. USMJ management declines to speculate on the purpose of such a rumor". PJET divie is taking a little longer than most expected but will eventually happen, have patience.
https://www.globenewswire.com/news-release/2019/06/07/1865973/0/en/USMJ-Confirms-No-Reverse-Split-And-Commitment-To-Stock-Dividend.html
Rumors Debunked "The confirmation announcement today is in response to emails and telephone calls asking for details about an alleged reverse split. It appears a reverse spilt rumor was fabricated on stock message boards. USMJ management declines to speculate on the purpose of such a rumor". PJET divie is taking a little longer than most expected but will eventually happen, have patience.
https://www.globenewswire.com/news-release/2019/06/07/1865973/0/en/USMJ-Confirms-No-Reverse-Split-And-Commitment-To-Stock-Dividend.html
Yup! 15's weren't moving, so they dropped the price drastically to freak people out in to selling at garbage PPS. It'll pump back up so brokers can break even or profit. Best believe in that.
I looked at it last week. Still doesn't change my view on this stock. I've done well with it thus far, so my strategy seems to be working. Thank you for the follow-up link though. Good luck to you as well!
FINRA doesn't report shorts, try again or provide a link that supports the claim. OTC markets have the short interest (NOT FINRA)listed at 93,881. OTC is an opinion based site that isn't always accurate. Investors are aware of what has been happening with this stock, can see it pretty clearly in the charts and daily Level II. IMO. Everyone is holding because they refuse to sell at garbage PPS. The one's dumping are the ones that couldn't flip their 0.0015's for a profit. IMO. Financials have been filed and name change is pending. That doesn't seem dark/defunct to me and isn't listed in OTC as such. There is however a warning in OTC that the company MAY...key word MAY not be making material information publicly available. This is an opinion that is obviously not accurate. How else would investors know about financials being filed, the name change and divie going to USMJ investors? Strap in, hold on and get ready for the rocket! GLTA
51% goes to the parent company ACI, not a 3rd party company. That's not terrible news at all, its old news that many investors already know.
This stock will bounce back when the shorts get done dumping stock they couldn’t flip. Happens frequently. IMO
ZERO OTC Warnings,NOT DARK/DEFUNCT financials filed, name change pending and awaiting approval. 1B authorized shares, 750 mil+ outstanding. Once USMJ releases the date for their divie of PJET, this thing is going to rocket. Strap in and hold on tight.
Not a scam
It's blatantly obvious what shorts are doing with this stock. You can see the massive wish bids on 14/15. MM's drop face value of stock price to the bid even when the ask is a lot higher, people get scared it's going to tank...sell and feed the shorts. Shorts boost PPS up to going rate when they've gathered enough and then sell off for any profit they can get. Basically when they aren't getting what they want/expect at higher prices then they place on the ask for whatever they can get people to buy as long as its a profit, face value gradually declines to where it started. Wash, rinse, repeat until news comes out about the divie. IMO.
-This is my own opinion based on my own DD.
No Reverse split, Not evenly likely or a maybe. Divie still on. Verified by the company. Also NOT Dark/Defunct due to the company updating it's financials, it's not an easy or overnight process. If it was worthless, then how did USMJ sell it? Don't get sucked in to the super short/ day trade game. Especially around holidays. Shorts buy in low after scare tactic, MM's boost the PPS so they can sell off for any kind of profit they can get. IMO. Don't fall for it.
Glad you agree with what I said... Including the part that states “ NO REVERSE SPLIT” and “DIVIE IS STILL ON”. Bahahaha! FTW!
Quick flips before the holiday. Don't get sucked in to selling at a garbage PPS because of the shorts and MM's riding the bid. If they scare you in to selling at low prices for fear that it's going to tank...you're just feeding the shorts.IMO. Make em' work for it. NO REVERSE SPLIT AND DIVIE IS STILL ON. COMPANY HAS DEBUNKED THE MESSAGE BOARD RUMORS. GLTA!
Post a link with actual facts instead of speculation. You don't speak for anyone else but yourself. If you think that there is no dividend then say " I think there is no dividend".The company USMJ (not PR)has confirmed numerous times that there is a dividend going to investors and no reverse split. They have even gone to lengths to specifically debunk false statements on message boards like the one PR is stating. Do your DD people. Prices go up... haters gonna hate. Get ready for the rocket because it is sure to come!! GLTA!!
MM's painting the tape by closing on the bid instead of the ask. If you notice, they will list at the bid and bounce back and forth between bid/ask throughout the day. It's a scare tactic to get investors to sell at garbage pps. Shares get gobbled up at lower prices and then flipped at a higher price. Everyone knows this thing is going to rocket again when USMJ announces the official date for divy, which is why there aren't many people selling. DD is Key.
USMJ NO REVERSE SPLIT!! PPS ON ITS WAY UP SOON!!
USMJ NO REVERSE SPLIT. Issuance of 1 share of the spinoff stock per every 50 USMJ shares held, as per the USMJ press release. Forward thinking statements about what this company will or will not do in regards to the interest of shareholders written on this message board that are not quoting or noting a direct source, are strictly opinion based.
The reverse split theory stated here regarding the intentions of this company are opinion based and not actual fact of what the company is doing or going to do. The safe harbor statement is for legal purposes and nothing new in public relations.
So, USMJ press release...directly from the company... already stated that there is NO REVERSE SPLIT coming or even going to happen. Using percentages out of context, mentioning a reverse split or manipulating news releases are scare tactics to get people to dump their shares or keep them from investing out of fear. Pay no mind.