now that is good news while doing some DD on NR
Post# of 72440
while doing some DD on NRs' *patterns*
i've been tracking some companies (exchange traded)
because what was *imo* the sole province of the OTC
has now morphed up the food chain this past decade
and imo there is *awareness* as to intent via the SEC ..
but as noted previously .. imo .. forcing true transparency
without glacial implementation .. would implode the *market*
(what a misnomer that one is)
so here is an exchange traded company that by my quick
search .. has triggered reg sho since the back half of 2017
when i reference *volume* algos .. done by NR .. this is what i mean
Volume (10 day Average) 1,21 9,971
Volume (90 day Average) 1,21 3,940
now even tho' NR triggered reg sho on this company ad nauseam .. cycles
of money still very much in play .. note the 52 week high and the 52 week low
Previous Close
03/25/2019 3.12
52-Week High
05/17/2018 9.75
52-Week Low
12/26/2018 1.2901
now the way NR works .. is an ambulance chasing atty on speed dial gets a call
or a state's atty general can get the call if really in deep .. this almost always happens after a hit piece .. if the hit piece doesn't work (meaning investors won't sell out of their investment) .. NRs' *contacts* within the SEC get tweaked .. remember where many SEC employees go to work after departing that *incompetent/complicit or outright corrupt entity* .. that would be Wall Street .. home of those self regulating entities who can illegally manipulate at will .. and if actually *caught* .. literally get a slap on the wrist fine made up on another target almost immediately
because the intent is to always force mgmt to dilute .. and what seems to always happen for those targets (regardless of where traded) .. is mgmt is forced to dilute (bow at the altar of those who illegally manipulated their stock) and do a securities offering .. which usually sets NRs' cycle back into play .. and so it goes until *target* is left for roadkill
the MO of NRs' playbook is contemptible .. but what is more contemptible is that the SEC .. an agency tasked with protecting retail investors .. does the exact opposite .. after a decade of observing .. it is quite clear there is a deliberate *blindness* in play .. which only benefits those who illegally manipulate by rote
btw .. the I/O on this target 14M~ and change .. reminder the I/O is not the Float
(which are the freely traded shares whose number is almost always less than the I/O)
Shares Outstanding 14,699,000
trading crews always CONflate the I/O vs the Float ..
4kids
Rosen Firm's business model may be in trouble. New California law seeks to prevent class-action lawsuits that provide a big payday for lawyers but very little benefit for members of the class.
If this were to become law in, say, New York as well, or (preferably) a federal law -- Rosen Firm would be out of business.
Quote:
Federal judges in California are cracking down on warped incentives in class-action lawsuits, exerting tighter oversight of settlements that provide hefty fees for plaintiff lawyers but no meaningful benefit for those harmed.
Please note that the original judicial decision that is the basis for this law was in FEDERAL court.
Quote:
In November, the federal court in Northern California updated guidelines for proposed class-action settlements, giving judges more leeway to reject deals that don’t deliver for the group of intended beneficiaries. Among the new rules: Parties must provide a lot more information about how the amount of the settlement was reached and how, specifically, they’ll make sure class members get their share.
“Judges will want a genuine assessment of the value of the case,” said Thomas Loeser, an attorney with plaintiff law firm Hagens Berman Sobol Shapiro in Seattle. “The new guidelines will make all class settlements better because judges will be equipped to detect marginal cases.”
Warning: link below will use up one of your 10 free L.A. Times articles per month.
https://www.latimes.com/business/la-fi-class-...newsletter
Read More: https://investorshangout.com/post/newpost/873...z5jHg6CI1x