What they mean is don't compete with me to buy the stock right now. Wait until I am finished accumulating and then you can buy. That's what they mean!
That's the one positive. The shorts see the writing on the wall and are exiting quietly. Once 13 million get out and get behind the stock, it will fly...but when??
If you look at the 13F Ichan has not purchased a ingle share in the last 6 months. At lest not under one of his direct companies tat is? Okay I'll humor you here. Ichan will announce a takeover of a company he owns no shares in, just debt. How does this occur? Secondly, if he is to buy the company at what price can you justify? He had 3 months to buy a truck load at $1 or below and he didn't. Your story just doesn't add up to me.
You are an idiot!! Define for me if you can what an "epic squeeze" is? I assume you are implying that all remaining short positions (some 13 million) will get suddenly blindsided by some off the wall announcement which will force them to try and cover immediately. Forget the BO. If it does happen, it will leak far enough in advance to allow the remaining shorts to get out unscathed (trust me on this one). Can you name for me a past "epic squeeze", the company, the number of shares traded during the squeeze period and what triggered it? I bet according to your definition there may have been a handful over the life of the market's history. Don't try to be something you're not by predicting the rarest occurrence in the investing world. What is your angle by saying this? Are you long and want more people to believe your lines in hopes they boost up the price just so you can exit? Or are you short and want to TRICK people into thinking there is a huge payday coming soon so they will invest, raise the PPS and you can short more? Which is it.
Just another bunch of mumbo jumbo from MGM, oh it must ne a green day? He doesn't speak much when it 's red.
Why do you summarize what people who really follow the company already know?
I beg to differ. Yesterday the 50 DMA was $1.38. Where are we right now in AH????? Wait for it....yeas $1.38. That was an easy one. So yes I know what I am talking about.
Agree just long enough where people will leave and forget it for awhile. Then all of a sudden after the pigs get their fill a news briefing will come out ad an upgrade will happen and bang we are back to $5 with BO talking again.
I'm sure it was but why do so many people place so much emphasis on CC and presentations? They are usually nothing to get excited about. They probably cause the PPS to drop on 7.5 out of 10 occasions. People are just clueless and want these things to happen because the need money, that's the bottom line. It's just wishful thinking.
Back to $3. The chart says so. Last time we had support down this low. These stop limit orders that get taken out periodically are probably shorts that hold small long term positions. They wait until the PPS rises above normal and then put their small lot of shares on display which allows the shorts to attack with larger volume to not only take the price down their but keep downward pressure on the price once it drops. I believe every transaction for bios are all predetermined and that somebody could probably tell you how many shares will be traded in any given day and what the open, close, high and low will be. Big Brother is at work here and we can't do anything about it.
Glad you bought more? See the meeting went real well as planned. Just another guaranteed sell off as the expectations are NEVER met. We sell to $3 before the next bounce. Yawn...
And what does this strategic advisor mean to you. To me it's just a fancy word that allows the quarterly CC to bait people into staying invested in a company for a possible BO. Beyond that, it means noting else. If they truly had an advisor, they would have outlined a plan to show what their goals are. If they sell the company for less than it's worth, their will be lawyers flooding the MB defending the rights of the shareholders which will tie this thing up in court for years. This company has spent most of the past year below $2. Who in their right mind would pay anything more than that for it? This company is not worth more that $2/share. If it was, it would be selling above the current price. How much logic do you need to understand that. Ichan showed up on his white horse and has disappeared into the Biss not to be heard from again. NTC is buying up cheap shares by the 100,000 but says nothing. We have a CEO that is a glorified puppet and moves his mouth when instructed to do so. How on eart can anyone say this firm has a valuation north of $7? We've learned that one analyst seems to change their mind quarterly for self serving purposes. How do you compete with that. On one hand you need to be long for when more shorts cover. On the other hand you need to be short and ride the wave downward. Maybe the thing is to sell out and move on to something more safe like HD. No drama, no BO rumors, plenty of cash and dividends.
You can spin it anyway you like to justify it but the bottom line is TROV lost 50% since 4-18. That's the fact Jack! Anyone who bought in during the run up is in the RED. Those are the facts.
Why do you think they are trying to destroy TROV...stupid comment. It's the MM that want cheap shares for their bigger clients and allow the higher shorts a chance to get out before the technology really gains momentum and starts generating revenue.