Joe: The information has already been leaked because of the leaky boardroom that Raj commands. If the company had any common sense it would have already purchased the shares needed for conversion in the open market at less then $6.00. Sadly, I doubt that Raj has acted in such a favorable shareholder manor.
Good to see that you are truly living and thinking in the past. Sadly the manipulative trading of the thousands of HFT platforms that operate in the US markets and all markets around the world make your technical calculations a meaningless waste of time. You have no access to the dark pool information and you do not subscribe to the nanosecond record of SPPI trading. Stop wasting your time and learn about market manipulation with HFT trading platforms. If you stop eating grains, taking cholesterol and blood pressure medications while eliminating all forms of alcohol and sugar you could regain your mental facilities in the future. You might then be able to learn and post about what is really going on. Wishing your the best on improving your health through diet.
You are truly the most ignorant poster I have ever had the misfortune to communicate with. You do not even know how to look at a calendar and understand what all those numbers and squares mean. This lack of an education beyond the first two years of the mission school makes me think that you should go back to drying animal dung on the sun heated rocks in the clearing. This sentiment applies to all the alias's that you use to post on this board.
They can push it to any price they want. They just do it in a slow way so as to avoid a huge uproar from shareholders that the SEC officials would have to stop fine dinning and fine wine and act.
These "DUMB" shorts are taking this below $5.00 to shake out some shares. They know that most investors do not have HFT trading platforms that can take the share price to 1 cent at any time. Shorts also have the ability to manipulate the market with "Naked Shares"; or for those of you that do not know, shares that do not exist. Only the company can put a stop to it by launching a campaign of good news and good press, on an international basis. You need to contact the company to make this happen.
goofy_Iinvestor; If you fail to recognize the "monthly events" that move the stock price, please change your name to STUPID_INVESTOR..
Relevancy of this post will allow readers a glimpse of who represents Mr Lamensdorf.
Institutional investors are many times short investors. Do not mislead retail investors on the push way below $5.00 to eliminate all margin on this stock and bring shares to market.
Now watch these revealing posts get buried so no one else will read them.
This man is Joe and his 13 other Id's Boss.
Of course, Mr. Lamensdorf doesn't care how the ETFs actually perform as long as he pockets his 1.85% expense ratio on the SQZZ side and another 1.85% on the HDGE side, so a net pick up of 3.7% for investing in mutually offsetting positions.
In retrospect, a brilliant business plan, and one which as highlighted here, is about three years overdue.
Now the only question is what happens when another even bigger entrepreneur introduces SQEEL - the SQZZ inverse, or the short squeeze short squeeze fund, one whose only strategy is to go short the stock of SQZZ because now that the genie is finally out of the bottle, and the short squeeze strategy is finally out in the open, the logical next step will be to go short companies that have a big short interest because they will be shorted as a result of the anticipated squeeze sending them higher and thus providing a good short entry point.
So on one hand, Lamensdorf's HDGE ETF shorts companies, a strategy which without an offsetting pair trade under the new normal, has not exactly worked... . and on the other, his new ETF, SQZZ, seeks to blow up shorts. Sounds like a match made in mutually offsetting heaven.