This appears to reflect the purchase of 4.5 M units of RXI's recent offering at 40 cents; the 13g also shows the 2.25 million warrants each for the exercising at .45 and .52.
Avi, I'll address you re your post, so you can collect a few pennies more from your employer. I did mispeak: I meant paid basher, not paid short. So, you're " a small retail investor" who writes hundred of posts, all negative, on a few boards everyday? Really? You post, and repeat, and repeat, several times a day, every day, every week, every month the same substance? Either you have a some pathologically compulsive need to be glued to your keyboard all day long, five days a week, posting, cutting, pasteing, only negative texts about a variety of stocks on several different boards, or you are wreaking financial benefits as a paid basher, in service to large shorts or interested market makers. What's amazing is the brazen aspect of this, and that you apparently can't see it, can't see yourself and how ludicrous it appears to anyone seeing your endless stream posts.-or, as I suspect, you couldn't care less what anyone else realizes about your incessant posting, since each post and each reply is remunerated and affords you an acceptable day's pay for making a fool out of yourself.
Now desperate in posts.
That said, amazing how the MM's are selling from their books to keep their short positions in tact. Tremendous downward forces today able to keep huge buying thrust mostly at bay. But for how much longer?
Thks, Bio. That 7.86% can slide several points when/if the warrants are exercised in the coming year(s).
Ben, thks, but blood pressure is fine. Just trying a tact today to keep calling Avi/Mick/Sab out, but under topic that doesn't refer to them and not replying to a topic of their origin-- hence depriving them of their per-post pay and, hopefully, holding them up to appropriate ridicule,moron,which I don't wish them to escape.
Got shares up 1 penny., and another 500k in the next minute also came in getting it to high .38s, and then another 500k in a minute or two to knock back down to mid-high .37s
And a ask of .3735, some potential seller wasn't satisfied to sell his/her 100 shares at 33 hundreths of a cent, nor to wait in order to get the extra 2 hundreths at 35 hundreths of a cent, but instead decided to either lower his/her/its ask or come in for one hundreth of a cent less, at 3734. Right, and I am Grandma Moses! What alice-in-wonderland #$%$ is this? Does anyone really believe this? And yet, here we are in a fine capitalist country, on a renowned and respected stock exchange, and this bogus charade is being carried off in the light of day, with intelligent people watching, with barely the illusion of orderly and fair trading.
Transparent, bogus, vacant-minded, hundreds of posts a day, completely repetitive day after day, no stake in the underlying companies, paid by the post and for each " reply" they get: that is the alias factory of Avi/Mick/Sab.if you think you are fooling Anyone, you reveal the fool you are. Every... More
Oh, and still another post by aliases Avi/Mick\Sab, each one continues to read-- though it uses different words-- " I am a fool." You'd think they have sufficiently embarrassed themselves months ago.
Ah, and still more posts by aliases Avi/Mick\Sab, each one continues to read-- though it uses different words-- " I am a fool." You'd think they have sufficiently embarrassed themselves months ago.
Yes, Avi/Mick/Sab, you and your paid aliases are complicit, and every time you post-- at least on this board, because everyone here is wise to you--your words read: "I am a fool."
Transparent, bogus, vacant-minded, hundreds of posts a day, completely repetitive day after day, no stake in the underlying companies, paid by the post and for each " reply" they get: that is the alias factory of Avi/Mick/Sab.if you think you are fooling Anyone, you reveal the fool you are. Every post of says shouts " I am a fool." And look, already today you've shouted " I am a fool" dozens of times-- on one board after another.
The next words you post, and you will post them momentarily and every minute or two on several boards for the rest of the day, declare-- because at least on This board you are transparent--your words reveal " I am a fool."
Nonsense? You, Mick/Avi/Sab, are transparent, and the " nonsense" of legit investors or traders buying 100-share amts of a .36 cent stock but not buying at the ask, but rather a hundredth cent or two below when the spread is only a few hundreths itself is transparent. It's all part of the bigger picture and the mampnipulstion and characterization in which you and your paid aliases are complicit.
Only when we see virtually a complete drop in 100- and 200- share trades in hundreths of a cent under the ask of the bid /ask spread which is also expressed in hundreths will we know that the heavy hand of MM/short/manipulation has ended, and their boots are off the neck of this stock. And this will also be marked by the departure of aliases Avi/Mick/Sab, whose hundreds of daily posts are in furtherance of their own short position and/or are reimbursed by those entities involved in the ongoing, controlled depreciation of this stock ( which can be achieved with the MM help selling from its own book, even when up tic Volume exceeds down tic volume significantly). This has continued even after the conclusion of Tang's disgorging all of its common, and has also complemented it for the ride all the way down. With Tang finished and the long anticipated dilution concluded, shares would have steadied and risen over the last few days if the controlling hands had been removed and "free trading" had resumed.
Thanks, Grab. Very interesting, indeed, both as to the science and the evident strong disagreement in approach.
Thank you, Richard, for the history and insight. Is there any method for the company to extricate its share-trading from the hedge funds and these shorting cycles?
Can't make meaningful residential plans if the home is in a hurricane or tornado. Right now, the trading of RXI is in the tornado of some combination of machines, algorithms, high frequency trading, front running, MM shorting from their own book, and we witness disconnected or contrived bid/asks and trading in the $.0001s in a stock that was between .50 and $1 and had only 30+ million outstanding shares. The next trade,say, with a bid of .3611 and ask of .3620 and volume at 5 million shares? Well, gee, I guess there were not any rightminded investors who would splurge for the full .3620, as the ask was immediately reduced to .3619-- and even then the next trade was below that. With the exception of a few respites from this dynamic, the last months of RXI trading was exactly as above, unnatural and unlike the trading of most of the other stocks held by its investors and the members of this board. This is part of the storm we have been in ( yes, of course, our main course was set by millions of shares being unloaded by Tang), and until we are free of the potent winds of manipulation we can't set sail in a direction of choice: we will continue to be tossed about and blown in a direction not of interested investors' choosing. How to know if a given day will be so manipulated? Just look at the trades starting around 9:50-10am: if you see a plethora of quotes in the hundredths of cents, purchases or sales between these hundreths, including 100-share trades that if there were a commission would be at instant loss for the purchaser or seller, then you know that the rest of the trading day is out of your hands or the hands of other traditional traders or investors. I don't know how the trading of a stock is freed from the clutches of decimal fixers, but I'm assuming that a departure from the current stock exchange might help effectuate that result: we should jump to the otcqb NOW (no way to avoid the eventual Nasdaq delisting). Once on otcqb the stock can always climb back.
Well, one thing we can be sure of: if Tang wanted out of all his common, he had plenty of buyers today. Indeed, anyone who wanted out, today should have been their day. If we can get away to the otcqb and away from what has become the playground of the machine-hundredths-of-centers in this particular stock, we can evaluate a return to a more " natural" market. If so, we should be in the .40s at least.