I gotta say this thing is trading horribly now, looks like people either bought that article or are just afraid to buy. I thought we would be at 3 by now...
Lol I sold the tiniest bit myself at 2.29, and it was exactly that for me. I agree we are going higher, but I feel like I can buy those back cheaper Iin short order.
Buy at 3 sell at 4 is a pretty easy one there. I love people who are terrible at trading calling me a liar when I perform simple trade operations.
No not yet, I have very little I bought that low due to margin constraints. What got me was gtc orders I had set at 2.81 a while ago. I did a lot of buying in 2.70's too. I didn't get many cheaper than where we are right now. I have orders to sell at 3.09 because I have a boat load as well.
True, but I also think NQ was too easy of a candidate. There's a chance of course that they are completely legit, and it could pay off...but the product leads me to believe otherwise. I just get this feeling like something really isn't quite right?
Have you tested their product? It's awful. I did dd on them as a short candidate once and came to the conclusion it likely was a fraud. I would avoid entirely.
nice! i remember your post and im glad it worked out for you. i was thinking it visits that as well and i almost placed one there myself. but im done buying since i let loose yesterday and need to sell. gl.
my sentiment exactly, i cut WAY back on margin usage and this hit piece has brought me back to uncomfortable territory. got out of the rest of my CXDC just as a precaution. if this guy causes me to sell anything at a loss i might actually be upset...
it sucks when that happens, as with GURE recently...but the cheap shares compensate you for the time usually. as long as there is volatility im happy.
not very likely we see it get back on support, which could cause issues...but last time it went down here it was back to 3 in what? 3 days? free money.
i think the chances he has targeted it is low, quite low.
while these related party transactions, and a less than desirable VIE begs a few questions, we need to understand the origins of this company and why the structure is so complicated. they are simply targeting it BECAUSE it is complex, and not because they have identified anything ulterior per se.
I cant find anything wrong, and i have scoured most filings within the last few years, as i should with my largest holding.