I keep asking and nobody's telling.... How does one get one of the "paid to post" jobs? I don't doubt that Peg has one because he won't publically state his position. Fez has claimed to own shares (I think) so wouldn't being paid be in violation of some SEC rule?
There are some short hedges with deep pockets determined to keep this down. I wouldn't be surprised if they were shorting to themselves, artificially making the price look lower to lure longs into selling. They cannot keep it down forever.
I don't know if this works but I've heard if you put your shares up for sale (at a ridiculously high price so they don't get actually sold) it prevents the brokerages from using them to loan out to the short sellers.
Pentech is not doing what he is doing to infuriate people. He is doing it to try to manipulate the stock price. He has a vested interest in seeing it drop.
I'm going to agree with sanous... $37+
If I'm wrong and it goes a lot higher I won't complain.
I'm thinking that in 6 months to a year it will get to $50 & if a buyout offer
comes around, who knows.
I agree. There are some serious price manipulating going on here and in quite a few stocks, and the SEC doesn't seem to ever do anything about it. I've gone to their web site and filed complaints a few times but I doubt it has done any good.
I think if you hold from now you will eventually make money.
Help me understand how you're trading this. If I read you right you bought $24 puts for $1.90. (I didn't see the price yesterday. I'm just going by why somebody else on this board said,) That means the price per share has to drop below $22.10 for you to break even.
Is that right?
If so, then the good news is that by buying puts instead of just shorting the stock, you cannot possibly lose more than !00% of your investment if the price stays above $24. I suppose that bringing joy to others can be a fulfilling experience, so its easy to see that by helping out whoever sold you those puts (with $$$) it is understandable why you're so happy.
There is definitely a place in heaven for such generous persons like you.
Man I hate all this manipulation. Some hedge funds were going all in yesterday and preceding days. They had their paid high school dropouts working the hell out of these boards too. Those that didn't cover will probably try to drag it down some today. It's going to be interesting to see what happens.
On paper I was down $15K or so yesterday but so far today in premarket I'm up $20k after buying 1400 more shares yesterday. I'm a small time player for the most part and swings like this are way out of my comfort zone.
How much do you get paid for responses to your posts?
How does one get a job doing this?
Is it legal?
From a purely technical view it broke out last Monday & Tuesday (while still covering gaps) then closed on or above 200 dma Wed thru Fri. What was resistance point looks like it may have become support for next move up. Seems like a buy point to me.
I'm not an expert on TA and would appreciate any/all opinions on this.
I don't know if you're telling the truth or not. I only know that after repeated requests, you have not published your position. All the longs have honestly stated their positions. Why do short sellers feel the need to lie about their material motivations? It makes all of your claims look like lies.
So you're saying that the hedge fund you work for will throw some more money at it in an attempt to hold it/bring it down before covering.
Of course, if they don't have enough bucks, all that cash will be just #$%$ away. Whether it's their capital or their client's, they and you will be #$%$.
I think you should encourage them to just cover at the open and take their beating ASAP.
According to Yahoo, there are 2.81 million shares short out of a float of 20 million shares. This is about to be a serious blood bath. With positive news PLUS shorts scrambling to cover, this possibly could go +$5.00.
I wonder if any hedges are stupid enough to try to fight it by shorting more.
I'm long 5000 shares. Now, I'm being honest. Just wondered if you'd reciprocate.
What do you stand to lose if the price goes up when it opens?
Short sellers for some reason seem to feel the need to lie about their positions. I was just wondering if you'd be the exception.
If the lawyers are part of a conspiracy to make money by shorting the stock as I have suggested, then why would they want the stock to go up? I'm not saying that this conspiracy is actually happening, but I cannot see any reason why it couldn't happen and the repeated press releases by those law firms seems like attempted manipulation to me. All I am asking is that the SEC investigate those law firms to see if they have shorted the stock or have clients who have shorted.
Evidence is strong that these slimeballs have shorted and are desperate to counter the recent upsurge. Why else would the keep issuing the same PR's over and over. Please complain to SEC and ask for an investigation. It probably won't happen, but if the SEC gets enough requests maybe it's possible. It would be nice to see somebody go to jail for attempted price manipulation for a change.
File complaint at: sec. gov/complaint/tipscomplaint. shtml (add back 3 w's and remove spaces)
That's about as weak a bash as I've ever heard. You'd better tell your bosses to re-re-re-release another press release about the law suits. I've already alerted the SEC that they're coming in the next day or two.
Wow! You have a real gift. I have seldom see someone SO wrong. You're like a friggin impossible statistical aberration or something. If someone tried with all their might to f___-up a prediction so badly as you just did, they couldn't do it. Not only is this NOT going to $7, it's moving north big time.
Do you have any more predictions on other stocks you would be willing to share? I can make a ton of money off you.
Desperate times call for desperate measures. If they're short as I suspect and their suits are nothing more than manipulation then they've got to do something to stave off the fast approaching storm. I'll bet the phone lines are already hot from them calling each other to make sure the other doesn't capitulate, but the first few who do will be the only ones still solvent next week. KInda ironic. In the old "good cop/bad cop" routines you see in the movies, it's always the 1st to rat who gets to walk. Only a few have to cave, and they're all scared that they'll be the one at the end of the line holding the bag.