So have not seen the recording anywhere yet, but it appears that the VRNG Management Team has decided that they draw a LINE IN THE SAND at what point they will continue their dumping of VRNG shares.......... Apparently .50 cents is even too low for them !!!! LOL!!!
Maybe David Boies made them abandon there Get-It-While-I-Can ways and practices if they wanted him to be compensated via shares, since he presumably can't do the same dumping as them "yet", and just take his money and run???
They sell every Quarter, and this does not include their additional sells on any pumps on news they make sure not to miss. Last year's was recorded already, on 12/31, with more opportunistic sells in late January both 2014 and 2013
2013-12-31 Perlman Andrew D Sold 28,385 @ $2.95
2013-12-31 Berger Alexander R. Sold 28,385 @ $2.95
2013-12-31 Lang Andrew Kennedy Sold 5,209 @ $2.95
2013-12-31 Keller Ashley Conrad Sold 2,500 @ $2.95
2013-12-31 Stout Donald E. Sold 9,375 @ $2.95
2013-12-31 Sinclair H. Van Sold 9,375 @ $2.95
In August immediately after the Unfavorable COA decision:
Aug 18, 2014 NYRKOVSKAYA ANASTASIA Officer 9,000 Direct Purchase at $0.91 per share. $8,190
Aug 15, 2014 SPIEGEL NOEL JOSEPH Director 30,000 Direct Purchase at $0.89 per share. $26,700
But nothing this time!
Not a good sign when this management team has already been extremely questionable, particularly after their material dumping on the two day pop to ~$5. Their selling is quite common. Their investing of their own money as above is extremely rare
Yep, you were right on this one
I think now is time to cover with this
Unless a substantial amount of shares, the victory isn't that great here for shorts. The real win was shorting from $5+
For a long though, at this level, I think now cow could be the time to risk losing a little, for the prospect of fair to high upside. Things have a way of doing the unexpected in the Market
Ahahahhahaaa, A separate post, must a hit a nerve!
Sorry, never done anything with MGM
I don't think it's that you don't know how to read? But maybe you rely on someone reading to you and they tell you stuff that gets you stirred up!
Why you getting so #$%$? I'm agreeing with you !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
And so What In The H*ll are you doing here ????????????????????????????????????????
You must be the worst of the worst cuz they gave you the crappiest of job of all
I think they are fine with that, and do the best they can
Hopefully it turns out to be a quiet confidence
If they did anything more, it would probably come across as pumping and Rah Rah stuff….not they're style, and there's a lot of potential court process left
VRNG received a favorable Enbanc 2 or 3 years ago, with several more favorable steps along the way afterwards, and now look where they are
I think there's just not as much to gain here……at .75 to .85 cents? To what extent does the gain offset the risk here? I don't know what upside there is, but from where this was to where it is now? Shorts still here are late to the party, or just not very good.
S 2014-01-29 2014-01-31 VRNG Berger Alexander R. director officer (COO & Secretary) 250,000 $5.03 19.50%
S 2014-01-29 2014-01-31 VRNG Lang Andrew Kennedy director officer (President & CTO) 587,243 $5.19 22.03%
S 2014-01-29 2014-01-31 VRNG Cohen David L. officer (Chief Legal and IP Officer) 100,000 $5.00 83,853 19.00%
S 2014-01-29 2014-01-31 VRNG Keller Ashley Conrad director 4,500 $5.04 $22,668.80 10,000 19.60%
S 2014-01-29 2014-01-31 VRNG Perlman Andrew D director officer (Chief Executive Officer) 200,000 $5.15 21.31%
To try and pump this stock up and then dump ~20% material amounts on the pop if granted like they did earlier this 2014 year?
Based on their past character history, you'd have to anticipate that they have automatic sales set up and ready to go on any good pop that might come about
That's what happened on the last pop to ~$5 within about 24 hours or so
If invested long, are you ok with them doing that again? And will you do the same since they likely could be as well?
My opinion...Just games played with technicals. Otherwise someone's going to jail.
And after a 7 day 35-40% pullback.
The way I see it, this is a spec play. It's about to what extent you believe in it? And are you right, or are you wrong in the end? If they want to loan out your shares to Short, go ahead, because what are almost binary type events should skyrocket SPEX if favorable, and the more the merrier. If unfavorable, then investors in SPEX lose their Spec money, but not because the Shorts got it necessarily, but rather the cases just didn't materialize and go as hoped.
In the interim, for those taking a shot on SPEX, they have created what seems like at present a few nice entry points. The way the system moves, there will likely be lots of time for them to make money on their manipulated pullbacks…….until that one or two binary events finally happen.
If flawed? Let me know.