NASDAQ has determined there is in fact a large naked short position based on the level of short positions reported and the calculated active float and there are likely a few groups trying to work through how to resolve it. Regardless, it will need to be resolved by Friday as that is when NASDAQ is due to report the 6/15 short position.
64%short interest, plus naked shorts of 230%.So 198 million shares X 294% = 582 million needed to cover. Only 34 million retail shares！！！
Will open above $7/share !!! Covering all the way to 64 + !!!
The short squeeze will make Volkswagen squeeze look like nothing. NOTHING...Will open above $7/share. That is 14 cents pre-split.!!!
Watch out they are looking for shares and will borrow yours unless you set a high sell price of $40+/share. Hold we could hit $64 !!!
They must cover, are forced to cover. That is why it is called MARGIN CALL. Mortamur&Randolf learned it the hard way. Margin Call ！！！
The chart shows that we have the potential to hit $14 to $19/share by the end of 1st trading day！！！
Sentiment: Strong Buy
In all my years, I've never seen so much desperation on one board. I'm really hoping this stock goes up for all that invested in it. I just can't figure out if all the reverse splits are what drew in current investors? I've noticed several thought the stock had been at $8350 per-share and that's why they invested. Some thought the stock had been at $4.3 Millions a share.... I've yet to read a post stating anything about the business model or fundamentals that puts the stock at $50 to $100 per-share? Growth projections? Cash on the balance sheet? You know stuff like that? Anyone? Thanks in advance for any civil responses...K2
Gonna be great to put stake in the longs and baked them long overdue potatos...rake em' under the coals...make em' wait with their finger on the trigger day and night filled with fright...jokers are the bashers on NEWL paid by Ironridge to get any edge they can get as their fingers are slippin and about be fly like superman all the way down like brown sad clowns, a drownin in their cheap beer.
I found you Bernie....are you planning to stay with NEWL for long term? I think this stock is a very good deal for trading. I would stay long ONLY if the current board and CEO gets their act together with the shareholders. Vultures are flying overhead until then ready to take over. The only thing the current board/CEO has shown up to do is to keep the stock listed. They keep the shareholders in the dark otherwise.
I stay in this stock a week at a time and I do not short it.
I've been reading bull sht desperation postings on here since the internet era and you're hands down the biggest idiot I've ever seen on here. I hope you're in a lot of pain and I hope you've managed to lose your life savings on this fine equity. I've never posted anything quite so cruel but you deserve it. LMFAO. BTW: F-U....lol