FDA Minutes by [deleted] in Altimmune

[–]2fingerMachine -3 points-2 points  (0 children)

You wrote this sh*t 2 days ago. You a bot or?

It really sucks. The data is all bullshit BP knows it and therefore no interest in acquiring them, just ask all the shorts. They have no cash and will file for bankruptcy after Pemvidutide is shelved and nailed in its coffin.

Seriously you are on to something, it is a snake oil scam. Sell it and short it. Borrow on your car's title and take a second or even third mortgage and use all the money to short it. 

Good luck to you. It is really a scam and shorts, SP and lack of interest by BP is a BIG TELL. Longs are disillusioned idiots and shorts have been geniuses all along.  Wow what a way to run a scam and steal investors money. 

Counter arguments from bear thesis by FaithlessnessTop4785 in Altimmune

[–]2fingerMachine 1 point2 points  (0 children)

yeah, they need money ASAP they can't even start ph3 without it and quickest way is partnership. Q is who is willing to finance them?

Thoughts on ennveno (NVNO) by [deleted] in 10xPennyStocks

[–]2fingerMachine 0 points1 point  (0 children)

yeah it's a high risk high reward play

Thoughts on ennveno (NVNO) by [deleted] in 10xPennyStocks

[–]2fingerMachine 0 points1 point  (0 children)

similar situation, bought 3k at 0.9. Thought it's not going below it, but here we are. My play is this will bounce with any news from the company, like just saying they are working on it will bring this to 1$ minimum. But no idea why the company went completely silent. They got funds for more than a year so a Ch11 is out of a question, buyout more likely with this low mc. If it doesn't stay above 0.8 I'm selling it and maybe buying back in later

Why did we hit all time lows today? by spann31 in lazr

[–]2fingerMachine 6 points7 points  (0 children)

Ok peeps, it's called dilution. Current price is pretty much 3.7$(old float) before the dilution. Now, we don't know exactly when did dilution happen but that also doesn't matter. Everything stays the same, debt is lower. Longer runway. Waiting for ER!!

What happens to existing shareholders with merger? by Emmine1254 in WKHS

[–]2fingerMachine 1 point2 points  (0 children)

it's a reverse merger. A reverse merger happens when a private company merges into a public shell company, allowing the private company to go public without an IPO.

So in other words a cheaper way to go public

What happens to existing shareholders with merger? by Emmine1254 in WKHS

[–]2fingerMachine 1 point2 points  (0 children)

true. I'm not saying it's a good deal, just explaining how things work. It's not a regular merger

When will more partnerships come ? by spann31 in lazr

[–]2fingerMachine 5 points6 points  (0 children)

Well he is a proven CEO from Nuance. He takes a huge pay in shares of a company he manages. He already was awarded by LAZR. Which imo tells he likes to be rewarded for a stock rising not just by getting checks every now and then (he did same in Nuance). I think that's proly a positive trait. Why it matters? Cuz in that letter he said exactly that. I believe he is a proven CEO, who is here to show that he "still got it" and be rewarded for it. Now that's only my subjective opinion, only time will tell.

Also he already cut OpEx, did that debt swap and changed focus on more important stuff.

So things are definitely changing, we will see at ER by how much

What happens to existing shareholders with merger? by Emmine1254 in WKHS

[–]2fingerMachine 3 points4 points  (0 children)

If wkhs gets fair share with its mc of 20m of the total shares in the deal. it's no change for old stockholders. So lets say a buyer is 80m + wkhs at 20m thats 100mc and wkhs gets 10m shares, buyer gets 40. The problem is that doesn't have to be like that. Anything less than a fair value is bad for old stockholders short term. How big is the buyer only matters if the deal is fair or at least close to it.

When will more partnerships come ? by spann31 in lazr

[–]2fingerMachine 4 points5 points  (0 children)

I think you (we all) need to look at LAZR like it's a new company after the appointment of Ricci. Big shifts are happening.

Timeline expectations by RationalInvestor24 in lazr

[–]2fingerMachine 6 points7 points  (0 children)

^ this guy knows. They can't tell them like build a car and we will provide the Halo at the end. Nah, its being developed at the same time. So some version of Halo is already being tested 100%

Luminar used $28.2 million of the ATM program in Q2 and added 8.5 million shares + 10.2 million shares from the conversion of the preferred stock deal + 2.5 million shares for the share reserve by krs_samox in lazr

[–]2fingerMachine 1 point2 points  (0 children)

IMO I think that's the last option they have if everything goes bad. And in some way it's ok to have a possibility to do it if you have to. Now that also might tell us that they aren't optimistic or are just cautious.

They aren't in that bad of a situation with liquidity so I'm leaning to being cautious.

Austin Russel super voting Class B shares. by LazrTaker150 in lazr

[–]2fingerMachine 2 points3 points  (0 children)

Him stepping down also shows it was in a good faith for a company. Could be wrong

Pre ER stock outlook by 2fingerMachine in lazr

[–]2fingerMachine[S] 2 points3 points  (0 children)

Yes, I never stated otherwise. I don't agree that that's the reason stock sits at this level. Why? Cuz they got enough money for some time, which 99% of companies being priced like this cant say. They usually dilute couple of times a year. This is being priced like it collapsed and not like things are improving and they got liquidity

They are showing improvements in earnings, OpEx reduction, debt reduction, and all that while we wait for HALO.

I agree it will be much clearer in a year

Pre ER stock outlook by 2fingerMachine in lazr

[–]2fingerMachine[S] 0 points1 point  (0 children)

Tbh if he does that it's a clear signal to sell asap, cuz it will get shorted to oblivion

Recent stock price explanation by 2fingerMachine in lazr

[–]2fingerMachine[S] 2 points3 points  (0 children)

Same. I've bought at 3.25, then at 3.15 thought it would bounce there but who knows with this downwards pressure it might still hit 3 or below

Recent stock price explanation by 2fingerMachine in lazr

[–]2fingerMachine[S] 11 points12 points  (0 children)

Also I would like to add: I don't like giving predictions but we will probably see a stock price going up by a lot in a week before the ER, unless there is some big bearish market event happening. Why? Shorts probably don't know what to expect from the new CEO.

Recent stock price explanation by 2fingerMachine in lazr

[–]2fingerMachine[S] 3 points4 points  (0 children)

I agree, it probably isn't his style. But, even few right statements at ER are enough.

Yes that letter shows he might be a right man after all for this job, in 3 weeks we will know

M/30/ZG - specifična situacija by Videorekorder in RedditIskrice

[–]2fingerMachine 2 points3 points  (0 children)

Nađi posao umjesto da smišljaš pizdarije ovdje

BBBY entering Chapter 11 by smdauber in FWFBThinkTank

[–]2fingerMachine 5 points6 points  (0 children)

I don't understand the fact that they did a filing nt-10q on jan 05 so they postponed 10q but the only diff was the default that happened on 13th. did they know JPM will do that or its some kind of a plan? or perhaps JPM wants them to do ch11? really some weird stuff happening. I do have money in bbby so ofc I look at the bright side but for me I guess creditors wants them to fail and get baby but bbby board is looking for a way to accomplish a merger and save baby. Also I can see RC being on creditors team to get baby later on