[thebmw]

Regarding XSPA, if they are going to test passengers and this is going to be at numerous airports, the stock is ridiculously undervalued. If the Trump administration funds it as they said they would fund testing for traveling, then the stock is even more undervalued. I wouldn't sell now, the fun is just starting.

[Jordan's World]

Originally Posted by thebmw

Regarding XSPA, if they are going to test passengers and this is going to be at numerous airports, the stock is ridiculously undervalued. If the Trump administration funds it as they said they would fund testing for traveling, then the stock is even more undervalued. I wouldn't sell now, the fun is just starting.

Sweet! Yea, this is what I've been thinking could happen. Start with the employees, branch into fliers, and then hopefully get some funding from airlines or government.

We will see...

[Nuckle]

Originally Posted by Jordan's World

Sweet! Yea, this is what I've been thinking could happen. Start with the employees, branch into fliers, and then hopefully get some funding from airlines or government.

We will see...

Corn18 will be along shortly to call us idiots most likely lol.

[vreihen16]

Originally Posted by Nuckle

Corn18 will be along shortly to call us idiots most likely lol.

I am already resolved to ride XSPA down to the pink sheets, but am thinking that today's surge is just the "pump" from the CEO in the news today and that I'll be happy if it hits $4.29 tomorrow so that I can break even dumping it to get out.....

[Nuckle]

Originally Posted by vreihen16

I am already resolved to ride XSPA down to the pink sheets, but am thinking that today's surge is just the "pump" from the CEO in the news today and that I'll be happy if it hits $4.29 tomorrow so that I can break even dumping it to get out.....

I respect that plan and think it's wise. My purchase price is $1.80 to it allows me more comfort. His interview today was convincing to me. I think there is a ton of good new we do not know. That said, based on my purchase price and I can afford to be wrong.

[thebmw]

Originally Posted by vreihen16

I am already resolved to ride XSPA down to the pink sheets, but am thinking that today's surge is just the "pump" from the CEO in the news today and that I'll be happy if it hits $4.29 tomorrow so that I can break even dumping it to get out.....

My average is almost $5. Either I have made a bad investment or I will triple my money. Not sure yet. All depends if Doug is blowing smoke up our ass or if he's for real. Will he really pull this off? Will they get funding from the govt? That's the gamble.

[premier3is]

Originally Posted by BimmerDimmer6

Your fucking high kid. All the shareholders (fanboys) are doing is making Tesla owners rich (Elon).

He could bankrupt the company tomorrow and become billionaire, leaving shareholders holding the bag.

Wouldn't touch with a 10 foot poll.

Good ol' RobinHood investors

Tesla has no business trading the way it is.

If you recall, these are the same fuckin morons who drove Hertz up 3x the day after it announced going into bankruptcy protection. Just hearing the word RH triggers me lol.

[MisterF80M3]

Originally Posted by premier3is

Good ol' RobinHood investors

Tesla has no business trading the way it is.

If you recall, these are the same fuckin morons who drove Hertz up 3x the day after it announced going into bankruptcy protection. Just hearing the word RH triggers me lol.

There is no way RH investors can run up a stock with 23 million daily volume..

This isn't a penny stock. This is a $1500 stock..

[premier3is]

Originally Posted by MisterF80M3

There is no way RH investors can run up a stock with 23 million daily volume..

This isn't a penny stock. This is a $1500 stock..

Correct, I was just poking jokes at RH.

But they did report on share purchases for Hertz when they filed for bankruptcy and it was highly traded on RH the following days.

[thebmw]

TSLA is not trading at $1500+ because of the RH cult. It's trading that way because of the TSLA cult, Elon cult, EV cult. It's insane, but don't bet against it.

[thebmw]

Elon doesn't even want TSLA to be profitable. Yet it is still worth $300 billion!

https://www.marketwatch.com/story/el...ion-2020-07-22

[vreihen16]

Originally Posted by premier3is

Just hearing the word RH triggers me lol.

Just hearing the words "Robin Hood" triggers me as well...into trying to figure out how to buy "junk" stocks and sell them at the peak of the RH surge.....

[corn18]

Originally Posted by Nuckle

Corn18 will be along shortly to call us idiots most likely lol.

Nope. I'm actually following XSPA and rooting for you guys. The only ones I call stupid are the people that buy the direct offering at a higher price than what the stock is trading. Just buy the shares directly at market price and save some money.

[thebmw]

Originally Posted by corn18

Nope. I'm actually following XSPA and rooting for you guys. The only ones I call stupid are the people that buy the direct offering at a higher price than what the stock is trading. Just buy the shares directly at market price and save some money.

Mr. Corn, there is no way to buy 40 million dollars worth of shares on the free market. The stock price would go through the roof. So no, they cannot buy it for under market value. Even if they did buy 40 million on the free market, the stock would crash after when the volume would tank. Also, the buyers of private placements/direct offerings are given warrants which they would not receive on the free market.

[smyles]

Re XSPA, I don't know how current is the data (6/30/20?), but, per TD:

• % Held by Institutions 2.44
• Short Interest (% of float 06/30/20) 60.21

Just food for thought

[corn18]

Originally Posted by thebmw

Mr. Corn, there is no way to buy 40 million dollars worth of shares on the free market. The stock price would go through the roof. So no, they cannot buy it for under market value. Even if they did buy 40 million on the free market, the stock would crash after when the volume would tank. Also, the buyers of private placements/direct offerings are given warrants which they would not receive on the free market.

Not true. KTOV was averaging over 165M shares for a few days. One day it was over 330M shares. The price stayed fairly stable the whole time. KTOV was doing a direct offering at above market price during that time. You could have easily bought millions of shares and not impacted the market price. And it didn't tank after the volume returned to normal.

[corn18]

Originally Posted by smyles

Re XSPA, I don't know how current is the data (6/30/20?), but, per TD:

• % Held by Institutions 2.44
• Short Interest (% of float 06/30/20) 60.21

Just food for thought

That's a lot of shorts. That's great if the stock goes up a lot. They have to buy the shares at a higher price which drives the price even higher. That's part of what is driving TSLA so high. Kindof like a self licking ice cream cone.

[thebmw]

Originally Posted by corn18

Not true. KTOV was averaging over 165M shares for a few days. One day it was over 330M shares. The price stayed fairly stable the whole time. KTOV was doing a direct offering at above market price during that time. You could have easily bought millions of shares and not impacted the market price. And it didn't tank after the volume returned to normal.

Large investors and funds are not day traders and don't sit by the computer buying 40 million shares. Those shares would have to be bought in chunks of 1000 shares at a time so to not disrupt the market. No one does that! Plus, they would not have the benefit of warrants. Finally, and most importantly, it would be illegal for them to buy on the free market as they have inside information! That's the whole reason for the private placement/direct offering.

[thebmw]

Originally Posted by corn18

Not true. KTOV was averaging over 165M shares for a few days. One day it was over 330M shares. The price stayed fairly stable the whole time. KTOV was doing a direct offering at above market price during that time. You could have easily bought millions of shares and not impacted the market price. And it didn't tank after the volume returned to normal.

Sure looked like it tanked to me!! If you're going to use an example, at least use one that works in your favor.

222 million shares traded, price 1.40 on 6/25/20 (up from 0.47 cents 2 days before when it had 3 million shares traded). Today, 5 million shares traded, price 0.75.

[corn18]

Ok. If you say so. I would not buy a DO at a price higher than market. And I think anyone who does is an idiot.

[thebmw]

Originally Posted by corn18

Ok. If you say so. I would not buy a DO at a price higher than market. And I think anyone who does is an idiot.

I understand not paying more than the market for direct offering. But the offering price is often made days before the actual closing of the offering. Hence the people who buy the shares at the direct offering might pay more than the current market price. That doesn't make them idiots.

You're obviously not large investor investing millions. I've had the opportunity to do direct offerings and private placements. I know how the game works and I would hardly say that everyone is an idiot. That's how companies raise money. This is pretty standard practice. You are literally calling every single person who's ever invested in a company before they went public and after for capital raises an idiot. That doesn't even make any sense.

[corn18]

Originally Posted by thebmw

I understand not paying more than the market for direct offering. But the offering price is often made days before the actual closing of the offering. Hence the people who buy the shares at the direct offering might pay more than the current market price. That doesn't make them idiots.

You're obviously not large investor investing millions. I've had the opportunity to do direct offerings and private placements. I know how the game works and I would hardly say that everyone is an idiot. That's how companies raise money. This is pretty standard practice. You are literally calling every single person who's ever invested in a company before they went public and after for capital raises an idiot. That doesn't even make any sense.

Companies should not be issuing more shares after IPO anyway. Just dilutes the shares that other people paid good money for. Companies I see listed here have had negative revenue for years or decades and have done reverse splits and DOs multiple times. IMHO, that is NOT looking out for the shareholders. Oops, we didn't make any money this year, let's put a $40M DO out there and spend more money. Wonder why they can't get any capital from banks or venture funds. Oh, they suck, that's why.