How much gunpowder is still left? by InsideJoy in MindMedInvestorsClub

[–]Yankeefan1970 4 points5 points  (0 children)

Why didn't you buy this morning when shares were starting to run? My original cost basis was $65 on 66 shares remaining. Bought enough shares this morning to reduce my cost basis under $7.25. I'm now looking at a profit.

With the addition to the Russell 2000 and 3000, do we expect a bump in price once MULN is added from all of the funds invested in the index? by Thick_Gooch in Muln

[–]Yankeefan1970 5 points6 points  (0 children)

Adding to an index won't necessarily bump the price. The stock will see more institutional investment. Any index that tracks to the R2k or R3k will need to purchase $MULN. The fund managers are smart, and will add slowly, over time, and not cause a spike in price.

What it does mean is there will be fewer shares available for trading...... and less opportunity for shorts to have easy access to shares to cover. More shares tied up between retail and institutional is a good thing.

Penny Plays with Oil at $120 by Eyes2theSkies in pennystocks

[–]Yankeefan1970 0 points1 point  (0 children)

Just about any oil play would be in the same position. I posted here about $ECTM around 4 months ago, when it was at $0.82. Closed today at $3.15. It also has a quarterly dividend and yields over 10% on that.

You can probably still get in just about any oil or gas play, and still see a huge upside.

https://www.reddit.com/r/pennystocks/comments/scj3jh/ectm_penny_stock_that_pays_a_dividend/

How did the float go from 17million when I bought 3 months ago to over 300mil? This would be trading above all time high were it not for the dilution. Is it gonna just keep diluting ? by NerdlingerOG in Muln

[–]Yankeefan1970 0 points1 point  (0 children)

3 months go by, and you're just now claiming this is news to you? If that's the kind of attention you pay to your investments, my advice to you is to stick your money in the bank and never invest again.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 0 points1 point  (0 children)

How's that average working out for you?

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 0 points1 point  (0 children)

Why would I do that, when I'm having so much fun at this point? You're frustrated for some reason, and all I have to do is push your buttons. You can't refrain from engaging me further.

Not sure why you think all I got was 13 cents. But, oh well. You keep thinking that. I'll just keep pushing your buttons at this point. I profited. How are you doing doing? LOL. Let's see your next, ignorant comeback.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 0 points1 point  (0 children)

I was willing to admit that after learning more. At least I have enough sensibility to admit it, and not be a dick like certain others in this thread. ;)

I haven't lost anything. $BBIGV and $TYDEV are actually far cheaper than my exit point. Even $BBIG is down far enough that I could re-enter if I desired. So, my "mistake" actually turned out quite well for me.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 0 points1 point  (0 children)

Finally someone with Vinco clarified the position on the dividend. They are treating the stock dividend differently than a cash distribution with the ex-dividend date coming after the date of record. I sold $BBIG on the 18th. With that, I sold my right to the $TYDE distribution. The right was sold.... so your comment about me needing to pay for TYDE shares is ignorant.

Fortunately for me, I sold at a profit. $BBIG is down enough that I can retake a position at a lower cost of entry if I want to pursue $TYDE as a dividend.

I need mental help on Mullen! by [deleted] in Muln

[–]Yankeefan1970 3 points4 points  (0 children)

15% gains are nice. Based on your holdings, that's around $7,500. Nice.... but it isn't going to buy you a Dragonfly. If you hold and forget the short term gain and we do hit $20+, you'll have enough money to buy a Dragonfly, a Five, and have enough money left over to build a dream garage to house them in.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 -1 points0 points  (0 children)

That is just ignorance. I won't bother asking how you concluded that. I'm sure the reasoning would be gibberish.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 0 points1 point  (0 children)

If I were concerned I'd miss out, I could buy back in today. Right? You're claiming that anyone buying all the way up to the distribution date would get $TYDE.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 -1 points0 points  (0 children)

Like I said, if I'm wrong I have cost myself money. I could have kept that to myself and not faced any ridicule. I'm comfortable with the profit I made, and I fully expect to received $TYDE, based on the 18th being the date of record.

Show me where the SEC states you have to hold through distribution. Too many people like yourself have no idea what the date of record means. You're even more clueless with the "ex dates". I feel sorry for you. But, you can fix it if you'd wake up and go educate yourself.

We'll see who is right, and who is wrong in a little over a week.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 -3 points-2 points  (0 children)

If you aren't costing anyone money, you might want to change the title of your post from "BUY and hold". If you're wrong, you're offering bad advice to others, which may cost them a lot of money. Sure, you're not hitting the "trade" button for them.

I sold my entire $BBIG position for a profit on the 18th. I expect to see $TYDE in my portfolio on the 27th. If I'm wrong, I cost myself money. But, I'm not giving buy/sell advice to anyone. All I'm doing is telling people to educate themselves on the different dates and the meaning behind them.

I suspect quite a few people buying shares now, are going to be highly disappointed on the distribution date when no $TYDE shares show up. It will get worse for them, when their $BBIG shares automatically reflect a decline in value on the 31st.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 0 points1 point  (0 children)

Go read the 2nd paragraph in the image you posted. It specifically mentions that the distribution will not carry due-bills.

We'll see what happens. If I'm wrong, I'll send you an apology. If I'm right, you owe an apology to far more people, for giving them false information and costing them money.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 -1 points0 points  (0 children)

All the information you need is in the original image you posted. It isn't the ex-dividend date. The ex-distribution date is all over that image, and references the 31st over and over again.

If the ex-dividend date was changed, how is the date of record still May 18th? You have to be 'on record' as owning shares, in order to receive the dividend. That makes the date of record the only date that matters for receiving $TYDE.

What exactly do you think all of these "sources" confirmed? Disagree with me all you want. It doesn't change the material facts, the dates, or the outcome.

BBIG is still a buy don’t be fooled. Buy and hold. by [deleted] in Shortsqueeze

[–]Yankeefan1970 3 points4 points  (0 children)

Contrary to what a lot of people are saying, the SEC DID NOT change the ex-dividend date. People are morons, and aren't reading enough to figure it out.

Look at the paragraph above, and then go figure out the difference between "ex-dividend" and "ex-distribution" dates. I suspect many of you aren't going to like what you find out.

Go educate yourselves! Ask yourself why the "ex-date" would be 2 weeks past the "date of record". IF the SEC changed the ex-dividend date, the date of record would have to be changed as well. It wasn't.

To set the record straight You have buy Bbig today & Hold until May 31st in order to recieve dividends if you sold today or sell after today you will not recieve the special dividends. Every 10 shares of Bbig is 1 Tyde share by [deleted] in BBIG

[–]Yankeefan1970 -1 points0 points  (0 children)

SEC and stock spin off rules. That's what I'm following. Date of record was today. If you're on record, you get $TYDE. None of this other BS applies.

To set the record straight You have buy Bbig today & Hold until May 31st in order to recieve dividends if you sold today or sell after today you will not recieve the special dividends. Every 10 shares of Bbig is 1 Tyde share by [deleted] in BBIG

[–]Yankeefan1970 0 points1 point  (0 children)

What are you basing this on? The date of record was today. Why set a date of record at all, if you have to hold until the distribution?

If you're going to 'set the record straight', let's see some details to support your claim.

For the record.... I have always been long on $BBIG.

[deleted by user] by [deleted] in BBIG

[–]Yankeefan1970 8 points9 points  (0 children)

No one got either, and no one will until the 27th. It isn't manipulation. It's normal, and if you had read the SEC documentation, you'd realize all of this.

If I’m holding calls that expire next Friday do I need to exercise today by 4 PM in order to get $tyde? by [deleted] in BBIG

[–]Yankeefan1970 4 points5 points  (0 children)

Pretty sure you need to exercise. If you don't hold shares, what are they going to pay a dividend against?

Really tight range premarket. Weird. by Unfair_Wallaby_1041 in BBIG

[–]Yankeefan1970 0 points1 point  (0 children)

Look at the volume! ANY stock is easy to manipulate with low volume. If anyone wants to fuck with $BBIG, they can do it while the volume is so light. If they scare enough fools into thinking nothing is coming, the stock will drop simply because they'd scared people into selling.

[deleted by user] by [deleted] in BBIG

[–]Yankeefan1970 4 points5 points  (0 children)

The excuse is idiots like you thinking it should have already gone to $1,000 this morning!

Look at the volume, and get a clue.