Followers | 375 |
Posts | 16963 |
Boards Moderated | 4 |
Alias Born | 03/07/2014 |
![](https://investorshub.advfn.com/uicon/458287.png?cb=1657037051)
Tuesday, April 15, 2014 2:13:35 AM
That was massive short selling or just plain, dump-selling. The spread has tightened way up, which tells me the broker-dealer is done with the pump, and turned and went the other way now, more than likely. For two weeks- the spread was 5% to 12% to fill a lousy $1000 bucks worth. Suddenly, two days ago it began to tighten to like today, as in .033 bid and .034 ask for example.
The big "debt payoff" (actually negotiated not paying a major debt owed) did nothing, went over like a lead balloon. Lots of "PR" too about conferences and blah, blah- and it ain't doin a thing. Their cash, the $211K would be about zero any day now, given the burn rate- so unless "ASHER" or someone is "doing the deal" real soon, they're back to busted, broke.
Further, the key Seaside loan needed to be "renewed" (as stated in 10-K) by Q-1, 2014 as it expired on Dec 31st, 2013, and there hasn't been a peep about that yet either (Q1 was over, 2 weeks ago).
This can be in freefall for all we know right here. And nothing explains what happened across multiple chat and stock boards today- someone had a coordinated effort, including "things" right here that are beyond obvious IMO.
Someone's manipulating this in a huge, coordinated "play" -question is, which way are they really going? Was all the cheer leading the smoke-screen cover as they're loading massive short positions? No way to tell today what those sell order were- short, or just dumping. "accumulation" is a flat chart, not a 17-19%, high vol blow-out to the down side.
It broke the 50 DMA, if it doesn't solid bounce more than once off it, it's headed way down IMO.
Market cap is now back about $13.X million. Which, when you look at their debt, accumulated cash deficit, the entire company is being valued again at close to nothing now by the market. The market cap and debt are approaching equal again. And, as stated, a key loan is up for "re-guarantee" and we don't know what's happened to that yet?
Someone, almost like someone getting paid, or making a major money play stepped into this today- it's obvious by how they "stacked" and took over all chat and similar boards/communications outlets. Who they are, or who's paying them or what their motives are- who knows, but we'll know soon enough IMO.
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM
Snakes & Lattes Opens Pop-Up Location at The Wellington Market in Toronto: A New Destination for Fun and Games - Thanks 'The Well', PepsiCo, Indie Pale House & All Sponsors & Partners for Their Commitment & Assistance Throughout The Process • FUNN • Jun 13, 2024 8:18 AM
HealthLynked Introduces Innovative Online Medical Record Request Form Using DocuSign • HLYK • Jun 12, 2024 8:00 AM
Ubiquitech Software Corp (OTC:UBQU) Posts $624,585 Quarterly Revenue - Largest Quarter Since 2018 • UBQU • Jun 11, 2024 10:13 AM
Element79 Gold Corp Files for OTCQB Uplisting, Provides Financial Update • ELEM • Jun 11, 2024 9:25 AM