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VerticalTrader

08/25/18 10:27 AM

#26505 RE: rujebus #26504

Either way the shareholders get screwed. The buying interest is fading as street getting wiser and will eventually dry up as people finally realize shorts have already covered long ago and company continues to need cash from dilution, a bottomless PPS pit... 0.10, 0.07, 0.04, 0.02, 0.017. The shareholder was never a consideration in this plan. I hope it rebounds and people get $$ back but not looking good. This was not handled this very well IMO.

naturalborninvestor

08/25/18 11:33 AM

#26508 RE: rujebus #26504

That assumes NASDAQ/SEC will just keep watching this game be played. I don't think they will. Chances of delisting or forced bankruptcy are very high. HMNY is insolvent.

WHITTENHALLJR

08/25/18 12:06 PM

#26513 RE: rujebus #26504

Let's get to .5 or .6 and do a 1 for 10 rs