That's exactly one of my concerns all along...how come no one ever steps in and burns the rats houses down? I would say a $2 move maybe $3 would be a good Ocman, Cranberry, Fudgie, burning day. Why the big boys did not see this under $2 and just smoke the rats out ? The rats had Mitek getting delisted, doing revers mergers and complete nonsense. All while, Debello, issues press releases on Millenials doing selfies.
In the broader market it wasn't just Mitek as there were similar attacks on select others. I am actually wondering if brokerage firms are selling or distributing margin info to ruthless hedgies. Or maybe your brokerage house is simply playing against you. I think we saw a deliberate margin squeeze that also stopped some people out.
I noticed that too he must be the 1 retail short getting the short end.
Amazing how Cranberry, Ocman the con man, Fuddgie no posts spewing their usual bs
No need for you to hang out here any longer. The point is that big money and management take advantage of the little guys. The little guys need to realize how they do that. In this case, they just did it. $7 to under $2. But is big money going to take it to $1 or will they take it back to $5.? Debello will maybe buy a million shares be a hero and then sell the company for $6. Even though he trashed it twice. It's the way the game gets played. Don't assume management has your best interests in mind . In fact oftentimes, filings state just that. Managements agenda may be different then shareholders ...I think big money will take it higher and there will probably no real reason for doing so.
Everyone is trying to place reason on the stock price moves and there is no reason other than greed, intimidation and thug like behavior. Debello responding with a study on selfies is just plain dumb. But playing dumb and making millions ain't so dumb. So, he is not really stupid just playing the big money game.
A bunch of radio ads in my area..credit unions.. Talking about mobile deposit snap, submit and send. I assume it's Mitek but I like what I am hearing. I do not and have not bought the negative hype. In fact I had 7500 on the bid at 1.84 and obviously still sitting there. Got a pretty big pile under 2. These manipulators have my respect and I got nothing to say except they are very very good. I think they played this both up and down. It's a bit convenient that Debello has done what he has done and the stock has done what it has done. Not a real big jump to make to start thinking who is actually on who"s side.
The millennial news piece was also one of those "you have to be freaking kidding me" articles. The stock was cratering and all Debello can come up with is "selfies" and how popular a smart phone is with young people.
No #$%$ Debello freakin genius. Anyone with a sense had to be saying "are you kidding me" this guy is clueless. But, the whole thing seems like he is playing an idiot to help his big money thugs achieve their thievery against the unsuspecting retail holders.
Nice I have pages of ignore Ocman, Fudgie, cranberry, ignore ignore ignore. Continuous nonsense on an obviously manipulated equity. They are all here to provide us with guidance for the sake of humanity. They actually don't think we know the game they are playing here.
Shorting, Stop losses, and Margin, cover, re short stop losses/margin, cover, re short, etc etc.
Like they are some great market forecasters.
Not sure what that catalyst might be at the moment. The goons feel pretty safe while it is quiet time. Even beyond that a repurchase is not very likely due to cash needs. The goons know they got us for a few more months. 3000 plus 2.50 call options open in December.
$1.22 is ridiculous.
I have dry powder and the opportunities to by 10000 shares at $12000 seems unbelievable but the thought of buying 10000 shares at $9000 sounds even better.
I agree they should all be buying. Quiet time right now but after earnings the time to put up is at hand. The CEO purchase was ok but not overly convincing considering how much these guys make. A half million to million shares would be more convincing.
The other thing I got out of the conversation is that there are some major head ways being made by others and Curis doesn't think analysts fully understand the technical differences and the others have real data out. But Curis says they aren't even targeting the same cancers. Curis being first to the punch bowl over BIg Pharma would be a mighty blow. Anyone think Big Pharma would like to see little Curis be a Billion dollar company or would they rather see themselves getting the loot....hmmmm. The timing is just wrong for it to be selling off the potential for BIG gains is getting closer and closer. IF it flops than we deserve what we get. But, right now the potential pay day is growing closer....how is that bad?
"They are incredibly confident in their upcoming drug trials" They also said PIpeline work is a major focus. I expect some new Partnerships with payments for Oncology studies. This is likely a bridge plan for doing lab work for cash.... to bridge the cash gap to years further out.
mrcf7655...what do you think the crooks are getting? Margin players? Stop Losses? Options? I don't see how as I am pretty sure there are 10's of 10,000 share buyers. I don't understand how they make money by selling stock lower and lower. Are they using margin players to cover shorts?
What gets me the most is how they keep other institutions from bursting their bubble. Its like the hedgies have declared turf zones and no one is to mess with there beat downs. I am seeing this all over the place it is like the MM and hedgies have "gang like" zones of boundary all in an effort to screw the little guys. Look at the following PKD, TACT, MITK, KZ, LIQD(just blew up) No news and down they go.
It is one of those indicators that tell you its manipulation. The meek at heart see it go down 10% and 65,000 sell shares..oh my I'm out.
To me, it is an obvious bully the little guy move. That kind of ask has one purpose..to knock out the timid.
65,000 ask shares at $1.23 in after hours...your observations are adding up. The goons are on it. Someday it will revert. 65,000 share on the ask in after hours is a classic goon maneuver.