[floridaorange]

Originally Posted by Joekerr

Have you all considered that there might not be a second wave / or that it may not be as significant? If so, impact on this stock? To me, it sort of sounds like they are gambling on this being significant long term, and another wave.

And it might be. Certainly treated very seriously for the first wave. Just interesting.

Have you considered Covid may not be the last pandemic or this yrs flu season playing a role?

[Joekerr]

Originally Posted by floridaorange

Have you considered Covid may not be the last pandemic or this yrs flu season playing a role?

I would be extremely surprised, but happy, if Covid was the last pandemic. But I believe that will not be the case. Rather, I think there will be more and more pestilence that we see...which is fitting with how the Bible describes the coming end times.

Are you implying then that these centers will be able to gear up easily to handle the next pandemic? That may well be the case...but we don't know what the next pandemic is or which way it will be handled, so its a little risky to bet on that. But sure, it could pay off...I don't disagree. But you'd have to have a virus that can be managed like COVID...something like Ebola for example might be handled differently and might be above what they can (or are permitted) to do. It's the uncertainty is my point.

[larsek]

SEEL again approx +10% today so far.

[Rmtt]

Originally Posted by larsek

SEEL again approx +10% today so far.

This one's been a nice one. Just solid gains day to day!

[E92inNC]

Can someone explain compliance? I looked it up and they gave examples of a stock having to be over above $1.00 for ten consecutive days or they risk getting delisted from whichever exchange they are on. I remember weeks ago when GNUS started creeping up and when it was in the $1.xxs they became compliant and then briefly shot up to around $11. Now there are posts about Xspa becoming compliant but they’ve been above $1.00 for quite a while now.

[BimmerDimmer6]

Originally Posted by M4_GTS

What else do you expect him to say? He's obviously not going to say anything negative on an interview to pump his company.

Why you are you being an asshole?

[premier3is]

Originally Posted by M4_GTS

The boys at Robinhood...

LMAO!!!! BEST comment ever!! Made my day

[premier3is]

This fuckin thread moves so fast I can't keep up. Fuck.

[M4_GTS]

Originally Posted by BimmerDimmer6

Why you are you being an asshole?

A little too sensitve there aren't you? No seriously, we're you expecting him to tell you that they are heavily in debt and about to go under anytime soon.

Did i hurt your feelings? I am sorry, do you want a cookie to cheer you up?

[M4_GTS]

Originally Posted by premier3is

LMAO!!!! BEST comment ever!! Made my day

I better watch it. Might have some sensitive ladies here that might take offense and call me an asshole again. LMFAO

[damageprone]

Originally Posted by premier3is

This fuckin thread moves so fast I can't keep up. Fuck.

If you can't keep up, then trading isn't for you...

Not a dig at you, I can barely keep up myself.

[premier3is]

Originally Posted by M4_GTS

I better watch it. Might have some sensitive ladies here that might take offense and call me an asshole again. LMFAO

I think you probably meant to say "the ladies at Robinhood" originally?

[M4_GTS]

Originally Posted by damageprone

If you can't keep up, then trading isn't for you...

Not a dig at you, I can barely keep up myself.

oh man...that's not a nice thing to say.

[M4_GTS]

Originally Posted by premier3is

I think you probably meant to say "the ladies at Robinhood" originally?

Aw shit. I am such an asshole.

[premier3is]

Originally Posted by damageprone

If you can't keep up, then trading isn't for you...

Not a dig at you, I can barely keep up myself.

I'm trying to figure out if this was meant to be funny or not lol.... you probably mean to say "day trading"

Work has been no less than BUSY AS FUCK lately for me. Don't have time to live on the forums. You'd think business is slow these days but we are slammed at my job, fml.

I don't day trade no longer either. No time. Buy and hold!

[premier3is]

Originally Posted by M4_GTS

Aw shit. I am such an asshole.

And I'm adding salt to the wounds. sheesh

[Rmtt]

Originally Posted by sxyblue

Can someone explain compliance? I looked it up and they gave examples of a stock having to be over above $1.00 for ten consecutive days or they risk getting delisted from whichever exchange they are on. I remember weeks ago when GNUS started creeping up and when it was in the $1.xxs they became compliant and then briefly shot up to around $11. Now there are posts about Xspa becoming compliant but they’ve been above $1.00 for quite a while now.

If a company's stock falls below 1.00 for a period of time, they are put on a compliance notice that they have a certain period of time to regain compliance of over. 1.00. They then have to hold above 1.00 for 10 business days to qualify.

With Covid going on, the SEC has relaxed the rules and allowed for extensions for companies who have been financially hurt by the impact of the virus. All the company has to do is file for an extension and they are typically given 90 days to regain compliance.

As for Xspa....they keep mentioning it because the investors want some press release about it being in compliance because they feel it will boost the price even more.

The CEO did not wait for any of this and chose a Reverse Split to bolster the number even though the stock was already in the 2.00 range.

It pissed off a lot of people that did not want the RS because they believe it would be compliant without it.

But the CE's duty is to the company's well being....and not what a lot of penny stock investors think is best.

IMO....he did what was best to put the company in the public eye.. And make sure that it would be taken seriously.

[corn18]

Originally Posted by Rmtt

If a company's stock falls below 1.00 for a period of time, they are put on a compliance notice that they have a certain period of time to regain compliance of over. 1.00. They then have to hold above 1.00 for 10 business days to qualify.

With Covid going on, the SEC has relaxed the rules and allowed for extensions for companies who have been financially hurt by the impact of the virus. All the company has to do is file for an extension and they are typically given 90 days to regain compliance.

As for Xspa....they keep mentioning it because the investors want some press release about it being in compliance because they feel it will boost the price even more.

The CEO did not wait for any of this and chose a Reverse Split to bolster the number even though the stock was already in the 2.00 range.

It pissed off a lot of people that did not want the RS because they believe it would be compliant without it.

But the CE's duty is to the company's well being....and not what a lot of penny stock investors think is best.

IMO....he did what was best to put the company in the public eye.. And make sure that it would be taken seriously.

I think he did what was best to raise $40M in capital. Floating around non-compliance wouldn't draw a lot of serious investors. Doing the 1:3 @ $5+ and then the DO got him the capital he needed.

I was curious so I did some digging in XSPA's SEC filings. The split and the DO were both published in SEC filings well before they happened. This DO was filed in a proxy statement to the SEC on 5/6/2020 and the BOD vote was on 5/28/2020, so anyone surprised by it isn't doing their homework. The interesting part is the DO was offered to fund day to day operations. That should scare people. If something doesn't pop to generate free cash flow, they won't be able to make payroll let alone install fancy gadgets in airports.

[Nuckle]

Hahahahaha, I got called a fucking idiot on stocktwitz for selling BIOC at .97 with a purchase price of .44. You can't make this up. I owned the stock for 22 days.

[M4_GTS]

Originally Posted by Nuckle

Hahahahaha, I got called a fucking idiot on stocktwitz for selling BIOC at .97 with a purchase price of .44. You can't make this up. I owned the stock for 22 days.

You did really good. I got impatient and sold it earlier.

[IllSic_Design]

Originally Posted by Nuckle

Hahahahaha, I got called a fucking idiot on stocktwitz for selling BIOC at .97 with a purchase price of .44. You can't make this up. I owned the stock for 22 days.

Hahah those guys are the idiots, that's for sure. Almost the same as my entry and exit, .43/.95. Thanks Rmtt

[MisterF80M3]

Originally Posted by tigermack

Never have until last week, less than 10% of my portfolio balance, doesn't hurt to take a risk. Use it as a lesson if it takes a hit.

Penny stock?