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AUTHOR
DATE
SUBJECT
25
member
7/24/17 12:58PM
Re: Re: Re: I know this is CRAZY, but....
24
Shorting is nuts as well given dynamics you have mentioned. This stock is a scam stock that should be avoided at all costs. SEC should halt trading but of course they won't.
in message 13 didn't you go long at $2 like two stock splits ago effectively down 90+%?
i guess my point is at some point this thing will double but to venture when seems like a... login to read the rest
"oh i just looked at the press release today that said as of july 21st 5.2mm shares outstanding. which was similar to the number on Tuesday july 18th. "
that's interesting prob why it rallied so
lol... another reverse split a few days ago.
interesting that it appears (from my 10 second glance at the train wreck) he didn't issue any shares in the last 3 days. kind of dumb as
Since you exited, the shares are at 1.79 which probably means now closer to 5.5% of tangible book. At what price would you actually go long this - if any?
You definitely scared me a lot from taking a deeper look, I don't see how we would get comfortable owning this, but play along with me a little more.
So what are the rules now in... login to read the rest
It's an interesting thesis, it's counter intuitive, so I already give you credit. I was actually about to look at this hoping for a deep value long.
How is GE incentivized? Is he paid just a... login to read the rest
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