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Re: ChuckBits post# 5414

Monday, 12/07/2015 11:26:38 AM

Monday, December 07, 2015 11:26:38 AM

Post# of 62008
Well, like I said... the gist of it is you want to exercise the warrants so that you get the most shares, and then sell them on a pump ("strategic news"). This will be at the end of January so you have some time. There's no point in going through it all now when the separation is more than a month away.

On a separate note, this has become one of the most predictable stocks in the market. After nearly a year straight of drops, even with good "news", this company just continues to go down. The management is full of people associated with wipeout scams, and it's been easy to make a lot of money by shorting this stock and any other stock they are associated with. It's almost like they don't even try to hide it. I actually am surprised we haven't heard about a lawsuit after they were called out back in July in Seeking Alpha (see "IDI: Strong Sell on Fraud Lawsuits, Bankruptcy, and Technology Failure, -92.4 Downside" if you haven't already). If you do some due diligence, it's easy to figure out other companies this group is destroying and make lots of money by shorting them too. They like to make it harder to short by keeping the price low, but they telegraph their movements... we've seen over a 60% increase in short interest in the last few weeks, and no signs of stopping.

Just my two cents.
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