also still here, haven't left, and not leaving.
nothing has changed in the UBQU play imo, except the fact that this zombie stock is pwned by kenny they own the majority of the float.
if they get squeezed, UBQU moves up.
I think they applied for a symbol change with hemp life, and with cannazall and were denied because the OTC is kenny's back yard. either symbol and CUSIP change would have forced a reconciliation of shares.
8B shares were mysteriously laundered on UBQU when the movie company announced their preferred unit and there was 8B shares that somehow all got bought at trip 1 when the bid on trip 1 was maybe in the low millions. UBQU is filled with hedgie shenanigans I'd claim.
the only thing has changed is if kenny gets his reverse split on movie stock and is able to solve his massive short problem on that stock, maybe then all the penny stocks from UBQU to all the other ones played in kenny's back yard stay right where kenny wants them, down here.
good news is JB can't sell those 29B still authorized. if kenny loses control of UBQU or he lets it run to collateralize it on MJ sector news or we get a general index squeeze and kenny has a bad bad day on his puts on the S&P, maybe we get 0010. Ballas could then sell all 29B, get 2.9 million, pay the 1.6 million dwebt with a 1.3M war chest, cause a share buyback...anybody who follows the saga of the movie stock knows the drill.
so we wait. will UBQU not get interest paid and off to expert? or will kenny use UBQU like GDET and keep it pink for 6-9 months AFTER non filing because hey, UBQU could be very useful for a pump moreso than a zombie with no income stream.
or do we just wait for a surpise bull market? it's kind of possible since statistically, a green S&P has always followed a -20% or more S&P year....
even with a REAL crash, won't be good for the hedge funds. they lose control, well I hope my fellow UBQU longs also play a volatility index here or there as their own hedge....
crash, they have margin issues. market bull runs, they have margin issues on their massively leveraged short plays.
or do we get acquired....I think kenny would stop that, because again, having UBQU merge or reverse merge into ANY other CUSIP forces a reconciliation of the shares.
however, all of those, makes controlling the zombie stocks we all are here and once loved...more difficult. and at the moment, Kenny owns the cops (gary), the judges (janet & the congress), and the jailers (the FBI and the DOJ) ....but even the best of criminals with all the crime behind them make mistakes. my proof? 1929, and the ones I've seen since I cared....2000, 2008, 2022 and possibly 2023.
ok this was for fluid, kid and rmoss....I know I'll get a lot of hate for this post from others. but wanted to give a thumbs up to the "we're not leaving" crowd.
