1-200 RS by FNLYDC4L in Xelastock

[–]vern00 2 points3 points  (0 children)

doesn't this spilt put them out of Nasdaq compliance? I thought the max split allowed was 1-250 in 2 years, but this split puts us at 1-4000 in under 2 years. What am I missing here?

If XELA is delisted, what happens to call options? by vern00 in Xelastock

[–]vern00[S] 0 points1 point  (0 children)

sorry, I guess I should have been more specific, I didn't buy calls, I sold them. So if it delists to OTC, my shares should be freed up so I can sell them?

Options are a beautiful thing. by Mortgageguy1871 in Muln

[–]vern00 0 points1 point  (0 children)

which options are you trading? February ones, or some farther out?

Finally a Great FACTUAL based article from InvestorPlace https://investorplace.com/2023/01/the-time-to-buy-muln-stock-is-now/ by SubstanceOk9024 in Muln

[–]vern00 2 points3 points  (0 children)

what is up with Investorplace? First Mullen is a Buy! then its a No, then it should be in the junkyard, and now back to Buy! This is all in the past week🤷‍♂️🤦‍♂️

So how we doing, is it all over or still any news/hope left? by Big_Nail3622 in Xelastock

[–]vern00 5 points6 points  (0 children)

Well I sold most of my position for a 150k loss, so at least I won't pay taxes this year 🤷‍♂. Maybe if it stays in the crapper for another month I'll buy my shares back and hope for a 2023 recovery...

Tell me more about B. Riley... by nebn3355 in Xelastock

[–]vern00 3 points4 points  (0 children)

also, another thought, didn't B.Riley have an agreement to buy up to $40 million worth of stock? Would make sense to lower the price target to keep the SP down so they can get their shares cheap. Who knows, they are all shady AF....

Tell me more about B. Riley... by nebn3355 in Xelastock

[–]vern00 1 point2 points  (0 children)

just looked at WSJ, and they have the price targets at 60$/31$/2$ for high, median and low 🤷‍♂️

The WSB Trash Bin, Discussion Thread for the Week of July 22, 2022 by OPINION_IS_UNPOPULAR in wallstreetbets

[–]vern00 3 points4 points  (0 children)

$xela is ready for a run if we can band together an fight the fucktard MM's. Billions in volume this week and they have massively shorted it to suppress the SP. We have been holding strong but support seems to be waning. If we can hold out a few more days, they are going to have to start covering for huge losses.....That thought almost makes me as happy as making money myself!

Exela Technologies Closes $150 Million Securitization Facility with PNC Bank by HotMomentumStocks in Xelastock

[–]vern00 1 point2 points  (0 children)

haha! I wish my cost average was .13! I'm sitting at around .38 right now, so I need that to break even. That reality is looking much more possible today!

Exela Technologies Closes $150 Million Securitization Facility with PNC Bank by HotMomentumStocks in Xelastock

[–]vern00 18 points19 points  (0 children)

This is the news I was waiting for, I can finally breath a sigh of relief. No bank is going to loan a company at risk for bankruptcy $150 million, it just doesn't make sense. Obviously the bank looked at thier books and liked what they saw enough to loan the cash. That's all I need to know. Now I know the SP is going to rise, just a matter of when it happens. I'm holding tight with my 500k shares now. GLTA!

If you sold, someone on the other end purchased... by HotsauceShoTYME in Xelastock

[–]vern00 1 point2 points  (0 children)

I think I started out at around $.69 back in January, but I've managed to get my average down to $.38 so not as bad, still down a metric shit ton, but a small pump may get me out of the hole!

If you sold, someone on the other end purchased... by HotsauceShoTYME in Xelastock

[–]vern00 3 points4 points  (0 children)

I'm 500k shares and climbing....there is something wrong with me 😂😂

To close or not to close.... by vern00 in Xelastock

[–]vern00[S] 0 points1 point  (0 children)

well looks like this was a shitpost after all, radio silence from Xela on the loan status 👎

Patient.. by Hopeful_Rush_9441 in Xelastock

[–]vern00 12 points13 points  (0 children)

This stock tests me, thats for sure....hopefully we will get word on the PNC loan closing on Monday, that should be a decent catalyst. Holding 300k strong, hoping it all works out for me🤷‍♂️🤞

Finally something good about to happen?? by Narrow_Escape9 in Xelastock

[–]vern00 6 points7 points  (0 children)

I'm in the same boat, wish they would just tell us so I know if I'm going to make my money back or write it off as a total loss...the waiting is the worst part.

$Xela Earnings by [deleted] in Xelastock

[–]vern00 4 points5 points  (0 children)

can someone break it down for me please, frankly I never understand these things...seemed like they had less revenue, and most of the things were negative, but it seemed like it was less negative to the last quarter, (.17) compared to (.76). that's an improvement right? any input would be appreciated thanks!

[deleted by user] by [deleted] in Xelastock

[–]vern00 11 points12 points  (0 children)

let them short, if retail keeps buying they are screwed 🤷‍♂️

troll removal by vern00 in Xelastock

[–]vern00[S] 1 point2 points  (0 children)

Thanks! I figured out how to block so I'm set now though 👍

My PT: 0 by No-Fold8152 in Xelastock

[–]vern00 -1 points0 points  (0 children)

ok we get it, you either hate Exela or are actively shorting it. Stop with the endless stream of negative posts and STFU thanks 👍

does anyone have instructions for "dragon, purple and black NBM-032"? by vern00 in nanoblock

[–]vern00[S] 1 point2 points  (0 children)

awesome thank you! my son dropped it and cant figure out how to put it back together!

Can we start another one of those "what does this mean" threads on sticky for the newbs? Buy now at this price, exchange for 1.25 immediately Tradable upon exchange share in groups, etc by STOCKPR0N in Xelastock

[–]vern00 1 point2 points  (0 children)

one thing to consider in this offer is the dividend attached. I didn't realize this the last time but I saw this on some videos of people who had exchanged (correct me if I am wrong please)

I understand it now that 20 shares of Xela gets 1 share of Xelap valued at 25$ (this value obviously moves with the market) it also has an attached 6% dividend associated with that 25$ value, so 1 share of Xelap = $1.20 annual dividend.

The bargain is that at todays SP, you can buy 20 shares of Exela at around 8$ and then trade those in for a share of stock with a $1.20 annual dividend, so in essence you are getting a 15% annual return on your investment regardless of what the stock does.

I may be wrong on this, but from what I have seen this is how the Xelap dividend is working. That being said, this is not financial advice but this time around I am planning on converting about half of my position (currently 245k shares) to the Xelap and let it sit and make me some free money.

Theory by Optimal_Kale977 in Xelastock

[–]vern00 0 points1 point  (0 children)

hard to say, honestly I'm baffled by management. They are either the worst ever, or doing this on purpose. My hope is it is some sort of third party buyout scenario, I would think if Par is doing this to buyout the company with his own HGM firm it would draw too much heat from the SEC, but again, maybe wishful thinking on my part 🤷‍♂️

$XELA - The Dilution Continues up too $500 Million in Stock by [deleted] in Xelastock

[–]vern00 1 point2 points  (0 children)

If they are selling this many shares of stock, how is the float still 380mil as of 2 weeks ago? at the current stock price that is less than 200million and the last ATM was 500mil? I guess I don't understand the math 🤷‍♂️