recap on UBQU;
the bear thesis:
- in 2018 Ballas took out convertables, he was in control 100%, dumped them, and stuffed the profits in his pockets.
- Ballas is still in control this is his only lever, and he'll do it again and so we'll be at nobid forever, investors get screwed. Ballas gets rich off of us.
The present day bull thesis:
- in 2018 Ballas agreed to convertibles. Hedge funds control the convertible bond holders. the entire MJ market was pumped so it was an obvious short and distort.
- in 2019 this was quite successful. aurora, canopy, tilray, every other MJ penny stock plus tons of other penny stocks out of sector were pumped, dumped, and the converters who get to forgive debt at 50% of the LOWEST PPS in the quarter got to line their pockets on the pumps, while forgiving tiny debt. even better when the foolish CEOs chased cryptolies (bitcoin was also pumping) and then the hedgies dumped bitcoin and it was a nice little short across the entire OTC, which wall street owned but nobody was thinking that.
- covid made it even better for wall street. ho boy, now its time to delist all those non compliant penny stocks which honestly were just piles of shares, piles of sharest he MMs and wall street was getting rich off of, but at this point nice thing to never have to cover once they became expert zombies or totally delisted.
- then it was time for greed, which is the bull part of this thesis. wall street doesn't play fair. short just the entire float? no, why? wall street owns the DTCC the DTC and at this point, UBQU ain't coming back it's been at nobid with nobody on the message boards in 2020 and only folks selling arte the occasional dumps to 000001. buy it all up.
- then the fed printing money and blowing it into the market january 2021. UBQU heading to 20....many retailers got out at trip 2 glad to be rid of the junk. positive UBQU apes talking about "fundamentals" even I was like, hey UBQU dollar hollar. of course I didn't understand this zombie bull thesis until like, 4 months ago.
- then ballas hires others. others with some smarts. others who understand that kenny owns them and we're a zombie. we need to be one of their excuses to pump, and Ballas needs to have enough A/S once the pump comes to get out of toxic debt. oh this pig may never go dollar hollar, but once cash flow positive and out of debt, well then fundamentals WILL matter
- UBQU sees three events in 2021 to 0010+ but right back down. cuz wall street owns the float.
- UBQU probably wouldn't be at nobid right now except every stock is down 40% or more including the megacaps. giant bear market. hard for money to flow into UBQU when it's panic selling out of facebook. wall street who owns UBQU isn't looking so hot on their own long positions either. I bet deutsche bank and credit suisse are in bankruptcy court before Ballas is.
- so, ballas still has 21B A/S. DILUTION is a bear worship word and those who don't buy the financial revolution still fear it and want to sell once dilution happens. But for my bull thesis, dilution on UBQU HAS ALREADY HAPPENED. those 8B "fake shares" that cycled at the speed of COMPUTER that definitely wasn't retailers.
- when wall street loses control, they might need to BUY 8B UBQU shares to reconcile shorts. heheh, then ballas sets the price,
- wall street is definitely still in control right now, but check out any financial media outside this tiny little ihub world. wall street is not in good shape, not like they were in even 2020 covid. all it takes now is for one piece in their continuing maintained cheat machine to break.
AI
