Post by
SWInvestor1 on Mar 04, 2021 10:52am
Oilprice.com Medtronic Online Solutions shares
we know that oilprice.com owns signifigant shares in FD ($8.2M), any idea when the restrictions will come off? My friends at the big hedgie want know.
Comment by
thorgb1 on Mar 04, 2021 11:11am
Is this the new angle? SWInvestor1, spreading the FUD since Feb 2021. I expected we would see an uptick in the rhetoric leading up to the theoretical unlock mid month, and right on cue the bobble head twins reappear......BTW, is EddieBooBoo still around, or did he tuck tail and run after being wrong from $4 to $60?
Comment by
SWInvestor1 on Mar 04, 2021 12:31pm
your right I've only become interested since I started shorting in later January, through February
Comment by
SWInvestor1 on Mar 04, 2021 12:34pm
you must be adding to your position like crazy during this pull back
Comment by
deleuze68 on Mar 04, 2021 11:18am
15% will be released March 26th, so120,000 shares or about $3.6 million worth at this valuation, so lots of incentive for them to continue a big push to keep the share price elevated.
Comment by
SWInvestor1 on Mar 04, 2021 11:33am
thanks, do you know what price the shares were issued at?
Comment by
deleuze68 on Mar 04, 2021 11:36am
For accounting purposes, "These increases were primarily attributable to the deemed cash value of share-based compensation paid for services provided by Medtronics to the Company in the aggregate amount of $7,632,700 for the YTD Period, compared to $nil in the Prior YTD Period." So $9.54/share
Comment by
SWInvestor1 on Mar 04, 2021 12:25pm
that would be sizeable short if they are covering 15% of their total allocation
Comment by
Assucker on Mar 04, 2021 2:24pm
Only issue is that it is tough to borrow shares. I was only able to get ahold of just over 1000. I knew it would be just a matter of time before people realized what they had bought into. Or perhaps they did know and just heard on a little too long.
Comment by
thorgb1 on Mar 05, 2021 9:20am
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