will teach you a lesson in Death Spiral Toxic Financing and the effects on shareholders. As I've stated, I will assess the feasibility of swing trading this stock weeks after the R/S on Oct. 19th. I need to see how quickly Ted will dilute this time. He diluted quick as shit the last time.
Now, I will look at buying Put Options on it after the 2nd major R/S.
At this time, I have NO position in HMNY. I sold my 150,000 shares this past week for only a $10,000 loss.
You really need to understand the SEC reports. HMNY has several convertible notes working simultaneously. Just because they've cancelled ONE of those notes for traditional debt does not make dilution go away. Oh ... you all will learn whether you want to or not.
MoviePass' parent company has boosted its share count by an unbelievable 80,000% since July — but it's run out of room to issue new stock
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