Posted On: 02/22/2016 11:23:31 PM
Post# of 8802
I've placed some thought as to why there's so much negativity on IHub with regards to TALK.
Based on the share count in 2015 Marker Makers and/or hedge funds were naked shorting TALK and did not see the merger coming or note conversion to clean up debt in March, April and May.
If its naked shorting TALK PPS should increase dramatically if UMS request a new cupid # and certificates. FINRA will have no choice and request all shares shorted to be bought back to ensure UMS takeover of TALK starts with a clean slate.
This means as longs they will have to buy back our shares at prices higher they don't want, but oh well they would have no choice.
Can anyone help me determine if its naked shorting or note conversion.
Volume Per Month 2015
January --- 109,660,375
February --- 316,476,178
March --- 1,186,985,835
April --- 1,277,280,726
May --- 2,148,825,500
June --- 211,723,248
July --- 106,074,832
August --- 1,164,086,670
September --- 918,808,094
October --- 500,529,351
November --- 726,106,012
December --- 864,211,653
September 8K with merger announced...with O/S of 500 million shares the numbers before the merger just seems too high.
3,009,655,110 - traded after merger announcement
5,867,315,897 - traded before merger announcement.
Based on the share count in 2015 Marker Makers and/or hedge funds were naked shorting TALK and did not see the merger coming or note conversion to clean up debt in March, April and May.
If its naked shorting TALK PPS should increase dramatically if UMS request a new cupid # and certificates. FINRA will have no choice and request all shares shorted to be bought back to ensure UMS takeover of TALK starts with a clean slate.
This means as longs they will have to buy back our shares at prices higher they don't want, but oh well they would have no choice.
Can anyone help me determine if its naked shorting or note conversion.
Volume Per Month 2015
January --- 109,660,375
February --- 316,476,178
March --- 1,186,985,835
April --- 1,277,280,726
May --- 2,148,825,500
June --- 211,723,248
July --- 106,074,832
August --- 1,164,086,670
September --- 918,808,094
October --- 500,529,351
November --- 726,106,012
December --- 864,211,653
September 8K with merger announced...with O/S of 500 million shares the numbers before the merger just seems too high.
3,009,655,110 - traded after merger announcement
5,867,315,897 - traded before merger announcement.
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Nothing I state is intended to be a recommendation to buy or sell, opinion only. Readers are solely responsible for how they use the information.
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