well they finally updated the final 1.2B sold to the nobid.
now we watch the fins.
as always in the past, if the fins show GPL and apex CONVERTING. that means they took their "interest" in a form of converting as per contract. that is not James raising capital, that is James still suffering under bad deals he made with GPL and Apex in 2018.
now say for some reason that all three 3.2B at 1s were converted. won't claim 100% to it cuz it appears some of it might have been direct to golf buddies. but if the fins show 3.2B converted that's 160,000 dollars removed from debt. so next fin I'll expect if all converted now for jimmy not to have 320K raised capital, but a debt of 1.6m- 160k = about 1.404 M
either way, I no longer buy the bearish sentiment that Jimmy is selling for reasons malicious or even desperation, my friend.
of course if that 2B at 000098 was direct to golfing buddies, that's 200,000 direct to UBQU
anyhoo, he probably WAS desperate for capital, and we're seeing some of the A/S results now. but the products are in warehouse, the website is up, and the clicks are happening, so perhaps the increased revenues will also be seen in the next fin.
and I can respond to the technicals on UBQU right now.
previously mentioned the squeeze potential on GDET,
but right now? post website? UBQU is acting as always like the meme stocks....where the S&P is crashing hard, we are seriously looking at 1928 + 2008 all over again (3936? hats off to team america world police)
and with the S&P threatening 360 again....UBQU volumes 5M with at best favoritism to trip 1.5
so maybe you got an answer that confirms that more A/S is being dumped.
but at this point it doesnt' confirm to me that Cannazall.com hence UBQU is a dead cat.
in fact based on recent technicals, far from it to me.
oh by the way I continue to do brush buys of 25K well before 10 minutes of closing time.
last week always filled at .0002
this week, most filled at .00015 (yay for me!)
means more MMs are doing their shenanigans on this ticker.
remember my friend in the past a guy who hated my posts in PM and on the floor saying that I needed TO STOP getting MM shares from them on the half trip. in the past the reason he told me was because I was dumb money essentially. that it wouldn't run if I was buying small amounts. eh it was all an emotional rage.
now I have a different take on that departed prognosticators take on me taking shares from the market makers.
the market makers have been naked selling shares they don't have and it must suck as I and others accumulate UBQU shares and hold them.
because even if naked shorted in the name of "liquidity" one day, they will have to cover them if UBQU stays current.
looks really positive to me that UBQU is staying current. their product line and website have definitely expanded.
so I guess the answer is to me at least. BUY MORE UBQU and hold it. and if by CONVERTER shenanigans I get nobid on days it looks like we might see the mother of all american depressions, I'll happily get as many 00005s and 1s the market maker wants to give me!
