Sell 28,350 Shares of FNMA
Order Number: C11NNJQC
Filled at $6.2751
Stock Order: FNMA-FEDERAL NATL MTG ASSN
Status Filled at $6.2751
Description FEDERAL NATL MTG ASSN
Quantity 28,350 Shares
Route KNIGHT EQUITY MARKETS, L.P.
Order Type Market
Time in Force Day
Trade Type Cash
Market Session Standard
Order Date 03/11/2014, 10:20:52 AM ET
Order Number C11NNJQC
while not buying from 1.00 or even pennies--which is my fault--that was one helluva 8 day pull.
I still don't get this part.
Coleman claims that this is an enormous market(and I can see that) yet if you start doing the numbers--there is really nothing so far for Crossroads. The money is very very small one timing type items. He said something about the Ellen Degeneris show using Strongbox--that atleast wouldve made for good PR and marketing. This is going to be a slog.
Pressure is building at 30+
Sentiment: Strong Buy
Someone is hoping that idiots take the bait at 2.75 and trade it down to 2.00 tomorrow. Well not to many sckers in the last few days.
Ive been right on this stock pretty much all the way--that's your answer. I could care less if someone sells or buys more--that's up to them. The volume is telling--no one believes in this.
For better or for worse--so far very pleasantly surprised. I watched it in the pennies--even the dollars and finally go in at 3.50:) Oh well if it goes to 20 it will be an overwhelming lucky surprise for the year. Cheer$
The rise was manipulated on small volume to see if they can catch a few sckers. Hope I'm wrong but the volume is not exactly convincing. I think you're just about dead on-what other outcome does anyone expect--some kind of fairly-land SB revenue jump when we have seen no announcements? The lawyers wont let the company say sht--so I have no idea what they are going to say other than the anti rachet jibber jabber for the listing. This is NOT tripling anytime soon. 2.25 is much more likely than 3.25 imho.
It is Thursday. It will be interesting to find out how the actual business is running sans the litigation. The litigation is worth potentially much more--but its important for this company to get to a point where it is making money by itself. They've talked a pretty good game but lets see if the words translate.This is a stock that could double in one day on good news--hope it does well for you.
If a positive markman no real reason to sell unless blown away by offer. each individual bigger case looks to be worth hundreds of million in market cap--the stock would likely go to where the buyout price would be if not much more. Look at VHC went to over 2B thats CRDS 100. So CRDS 10 or possibly CRDS 100 thats a worthy reason to leave it on the table and play it out. Instead of finding 20 good stocks you get the massive appreciation from just 1.
I'm more to the opinion that everything here is going to take significant time. Big lawsuits take tremendous time to unravel as in multi years. Weve seen 1 strategic Strongbox wins--IMHO we need to see several a month. I don't see anything really changing and I think a return to 2.00 or less with 10mm shares coming into the market is very plausible.
Sentiment: Strong Buy