u/Objective_Insect_283
You should be buying shares and holding anyways. Never seen such manipulation with the float and naked shorting. What’s even dumber is the interest being paid to do so. Those who shorted in the $6-7 range are going to cover at some point. They won’t be able to afford to keep holding with the fees they are paying!
I currently own over 200,000 shares at a $0.71 average. Was thinking about selling some covered calls for 3/18 or 4/22 but can’t decide which. I know the ER should come out before 3/18 which can go either way for the stock price. Anyone have thoughts or recommendations on what to do?
Been looking at LGVN (was never invested in it) and looking at BFRI and there are a ton of similarities between them.
LGVN went from $2.92 to $10.03 closing prices the first 2 days of their run. That’s an increase of 244% and had a total volume of 380M.
BFRI went from $2.63 to $7.90 closing prices the first 2 days of their run. That’s an increase of 200% on a total volume of 330M. BFRI more impressively did this the day before and after Thanksgiving, in which the market closed 3 hours early. They were also trading around $9.20s before it was halted 15 min before close Friday and then dropped to the $7s…manipulation at its best!
Both have very low floats and became heavily shorted during
2L8PQC54
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Code 19BDAY
Seems like it applies to everyone!
TD67CW92
Expires midnight eastern time tonight, comment when used!
3T57CWYD
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Clearly they are going all out with streaming with all the recent PRs and partnerships! Streaming is the way for the future as traditional tv services are fading out. Easy long term hold here for a nice return in 2-3 years!
They issued the PR before the form 10 has been released by SEC! Just a few weeks ago everyone complained that filings were made but no PR with it. They are correcting and fixing these issues, so I bet they have a lot they are excited about! Shorts haven’t started covering yet so don’t be fooled! Squeeze yet to arrive but will soon!
FR27PK94
Expires midnight tonight, please comment when used!
Includes the $5 Redbox streaming code, regular price is $40!
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4H9VSDK9
With a BUY rating and $25 price target! That’s 2 analyst ratings (not including seeking alpha blog) both at buys and average price target of $30! Enjoy how undervalued this is by adding more and enjoy the ride upwards!
I received a $1.25 off coupon this morning in my email, so hopefully others got it as well!!!
It’s really quite simple with this one IMO. If we can get strong volume again today like we did the last 1.5 hours yesterday, we will run fast and hard today!