I say that it will close out at or within a few pennies of 5.50? Why, because thats where the big boys will reap maximum profit off their option shares in both puts and calls thus, and once again, demonstrating the complete control that the brokerage houses and big money (hedge funds, institutions) over retail share holders and day traders. Somehow this should be illegal but it is not. Buyers and sellers beware, your broker is definatelu NOT your friend
I think so too - that the company gave them 5+ mm share in return for their peferreds which was immediately used by a short seller to cover their short some time ago. Now who that short seller was is anybody s guess but is it really dilution at that point? More shorts piled on yesterday and probably today too since the real crooks goal to get maximum pain out of the options is not a fiction.
The markets are about a crooked as it gets in this day and age and its all about everyone else's profit except the corporation and retail sh's for the time being. Only the stupid don't realize this and the pandering bashes fuel the fear in this game of crooks.
not completely, but I do know that emerging companies need funds to bring their concepts to fruition and that takes many forms. Once said company reaches a certain point, then they will pay back their investors. Now, you say that it was 10 on a reverse split and at that price 55 c is what we really are seeing here which to me is a huge push for ownership now (despite your bashing on the topic) It means, to me, that somewhere down the road we will see either a 75 dollar share price, or a 15 to 1 split.
So, that being said I think the short sellers are making a huge mistake on this one.
lol, what a little person who creates such disillusion; that's not at all what I read: they are holding their remaining shares awaiting a higher return in the future. You must be a mouthpiece for the sellers and brokers who support them. How does it feel to live behind lies and deceptions to fuel your lust for the almighty dollar? Go get some coffee little man
AND they got their shares at 5.80 which was IMO, considered both a decent return on the investment and not significantly burdensome to the shareholders given the fact that the company is stating profitability at the end of this year. OMG, what were the shorts thinking on this one event?
Anyway, I am in for 25 k shares and prepared to go to 40 or 50 if need be bc I cant stand negativity
Not just The Gse's, sir - the entire housing market. The delta between what my home was worth in 2008 and what it is worth now was (is) the 200 billion that was taken by someone and the Government gets a cut and turns it back to the general fund. I get it.
But now its time to stop the sucking and start blowing into this industry by the Feds. We will really know when they stop buying the MBS's
et tu brute....
at least he can show his head in public and not be hated because he is a hater like you
it IS good news. Read the filings. I actually look at is as a stock buyback that you all fail to see. The investor already sold 5 MM shares at 5.80 which probably was easily absorbed by a large short seller - so all these current shorts are the ones that the brokers sold off the sales to other (now) longs like myself. This is a very risky move on their part as the company is gonna be profitable by the end of the year.
i would say that the raven is grasping at a bash on this thread. Pretty moot to the point of idiocy
Yes this is a rare event, possibly even a unique one as you now suppose. Tell me this then, has the usa ever had a Black president who supports racist, self interested causes? We could bring up other facts and figures to support the idea that the Federal government has a dysfunctional center where even the rule of law could be rewritten. But not laws on the books today, er;. yesterday when we were incorporated under a very different mindset by the same Federal stakeholders. I think its acting like a straw in that it can either suck or blow cash into these companies.
or so they think.
so your probably looking at a precedent setting event and all I can think of right now is your reason for bringing this up - like all the others posts from all the other players. YOU WANT SOMETHING. And because you want something, that makes you a fit a category of human that i personally have to look at very very carefully.
in place to close out options tomorrow at, or pretty close to, 5.50 thus solidifying the total collusion between brokerages and deep pockets. But not to worry if thats the case because at some point in time (next week) the crooks will have to fix the imbalance. Its just sad to see those who bought this stock two days ago that now have to stress over a 3-6% loss in such a short time. However, this is what we get for having such a greedy system where a brokerage house sells you shares for an 8 dollar transaction fee and then gives the right to short your very own shares (and therefore your money) to someone else (for a fee) hoping you will run scared to the exit thus making both them and the deep pockets very happy and profitable.
totally currupt IMO, and exasperated by clowns on these bbs's who feed the stress.
I have a prediction too. No matter what the pps is in two weeks, you would have posted hundreds of not only sadistic but also mean and derogatory comments about the shareholders of this stock. IMO, you are definitely focused and that focus borders on either a psychological greed thing or a psychological behavioral thing that manifests itself in GSE shareholders. For example, perhaps you were abused as a child, so you project your feelings of hatred towards your abuser to GSE shareholders. But I think its the former. I think you got a "plan" implemented and it is all based on greed. Sick, sadistic greed.
Here is a challenge: will you cease and go somewhere else if your (this one) prediction does not hold within
+- a 2 percent pps?
Oh yea, why negotiate with terrorists...
such a determined person, you Must have nothing better to do with your time then hate. I don't know whats worse: living a life in constant hatred or constant depression. Surely you have other motivations for all this ageist towards such an optimistic group who you agree is correct in the government's illegal activities. But, your position is that the government can and do whatever it likes - even murder its own people and not have any repercussions over their actions ---which is wrong and hate inspired through the propaganda you youself are being told from your sources.
Your one unhappy person and you will continue this way until you either die or change. Whatsitgonna be poser?
what is it with you, Rick Nagra? You consistently sit on the oppisite side of the share prices and post the most unsubstantiated forward thinking posts while the stock drops and you eventually disappear until a "big move" is underway whereby you change id's and pull a pied piper on an entirely new group of "bag holders" over and over and over again. You must be a peaon for a large hege fund bc your history is deplorable and your motivations sinful.
I believe Frank Fosco is not one of them. This guy has nothing to do all day but post on a message board and drink and whine. He has to be either insane or a a daytrader. He just has a different game face.I really. wish he would refrain from the constant obsessive rants. Lets say keep it to 10 posts a day. Remember, he could add ten more support staff to get his fix in (but he has to create a different and unique id for each one. I don't know if he has that inner sociopath but others....
why do you ask or care?
You know, I hear there is a place in London where anyone can say anything (but I think you need to stand on a soap box). So, if someone really wants to speak his mind, he can do so but he has to physically be engaged... Think about it - there is a reason you want to know this but I am refusing to play the thread...
maybe some former first time homeowners are renters, but there are millions of new college graduates, trade school and other skilled craft workers that enter the market each year as we baby boomers stay put in our own homes for a few more years as opposed to the rest or funeral home. These new buyers are the GSE's lifeblood so please never confuse them with the great exploitation by the banks which allowed homeless people to buy mansions in Vegas
Remember who devised the idea, Mr DeMarco. Can anyone guess where he currently is working? Is it wilbur ross - the one who hired his boss and mentor and perhaps hugely short on the GSE's from way back - Maybe when Paulson was around. I can see a scenario where someone talked to someone who ended up diabilically aND METHODICALLY decimating the share price through short selling