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It's a good idea. I keep thinking, give it one more day as I expect that any given day the price could surge. Or perhaps see what happens when we actually receive our shares.
If anyone gets a response from Vincent or another person at Spectral please share to keep everyone updated. Likewise in terms of receiving shares.
Perhaps if there is no update or significant upward movement in share price by end of this week or next we could have a date in mind to act as a small group. Might carry a bit more weight than many individual requests.
They may also have started an investigation into what is going on, but companies need to be careful legally what they can say, so may take some time to hear an update. Also, the share price may suddenly correct and burn the shorts.
We need to collectively lobby the board and fill in FCA and SEC forms in relation to concerns.
Surely if easily manipulated south this can also be manipulated in our favour?!
I remain positive about the company over longer term and don’t have my life pot in this but
Nothing mentioned. I checked the investor section of their website for any updates over the last few days, but nothing so far. It's getting to the point where the stock price is so far detached from reality that it is beyond ridiculous and you'd be hoping for some sort of update. 3 weeks today that the merger took place and still no shares. I also feel that the issuing of shares to existing investors has been made deliberately slowly.
https://investors.spectral-ai.com/
I am having difficulty finding the Company's website and am wondering if any official statement has been made by the Company regarding the present state of affairs. Anyone know, please?
So much good news, but it's all passed by now and still we're being rinsed and the share price is so easy to manipulate.
The BARDA contract news should have doubled the SP, it lowered it. This is so broken.
Someone said yesterday that a 1,000 share purchase pushed the price from around 2.94 to 2.97.
I fail to believe setting the float at 450,000 shares was an accident and whoever organised the merger had no idea this would be abused. I also fail to believe that the trasnfer of SMD shares is not being slowed down deliberately, to further this abuse and asset stripping. The merged company has lost half it's Market Cap in a couple of weeks. The Share price has lost 75% and is still dropping despite the news we were told would rocket the share. There won't be much in the way of good news left now.
Someone is doing this deliberately IMO.
Https://www.citybiz.co/article/473026/spectral-ai-appoints-deepak-sadagopan-to-board-of-directors/
https://www.globenewswire.com/news-release/2023/10/02/2752696/0/en/Spectral-AI-Adds-Healthcare-Services-Leader-and-Population-Health-Expert-Deepak-Sadagopan-to-Board-of-Directors.html
More good publicity:
(frankly I'm surprised the govt didn't tell the MMs to back off on this one because of the govt contract, but I guess its not as simple as that. and they probably don't give a $h1t about the day to day SP)
https://twitter.com/worthmag/status/1708890293624361400
Worth +
@KPMG
are presenting #AccelerateHealth on October 11th. Join leading voices for this day-long conference about how technological advancements can accelerate progress toward a healthier society.
@readysetrecover
@Spectral_MDAI
@Oppenheimer
https://hubs.ly/Q0240qpm0
Meanwhile good news keeps rolling in, but the MMs are determined to squash this stock for now, probably using the excuse to 'create liquidity' in a illiquid stock.
https://www.globenewswire.com/news-release/2023/10/02/2752696/0/en/Spectral-AI-Adds-Healthcare-Services-Leader-and-Population-Health-Expert-Deepak-Sadagopan-to-Board-of-Directors.html
"These short sales are almost always done only by options market makers because they allegedly need to do so in order to maintain liquidity in the options markets; however, these options market makers are often brokers or large hedge funds who abuse the options market maker exemption."
https://www.investopedia.com/articles/optioninvestor/09/naked-short-selling.asp#:~:text=Naked%20shorting%20is%20the%20illegal,before%20they%20sell%20it%20short.
Unfortunately it seems we're at the MMs mercy until they decide to leave this stock alone.
Thank you - fair comment. To be truthful , I am so confused I do not even know what my exact share holding is! I am only a modest investor but I have never encountered anything like this previously and hope I shall never do so again.
I have been very naiive here. I knew markets were rigged against PIs but this is on another level. AIM is tame compared to this!
US markets are absolute thieving crooks!
We can’t fight these guys, they are the ones who set the rules. Don’t bother contacting the SEC they are part of the same mafia.
“ Beyond that, the SEC rule itself is so weak, traders can roll over naked shorts and stay naked indefinitely. Larry Tabb of Bloomberg told me in a tweet during the hearing that “failed trades roll over to the next day—ie you can buy them back and they will net out day to day. So, you could continually buy back your sell fails and re-short, extending your fail. If you don’t, after 10 days, brokers are forced to buy them back.”
https://prospect.org/power/gamestop-mess-exposes-the-naked-short-selling-scam/
They advised me they don't have a time frame.. HL told me weeks not months though.. so who knows. Does it matter anyway ? No one in the UK will sell at this price at a 50-70% loss. The company needs to get its sh*t together as we've been played here massively. Fingers crossed they day will come...
How can we, in the UK, find out when we shall receive our shares? It is virtually 3 weeks since the changeover and the current share transactions do not give me confidence that it will be soon.
I think the shorters want this under one dollar, load up then if you can and ride the wave on the bounce.
How much has been borrowed on MDAI?
On twitter some are saying up to 20% is this true?
If so these shorts are over-ripe for squeezing
Phew! That’s a relief!
I hope I haven’t spoken too soon.
Lets get back to $10 as a baseline
Up 18% goodbye shorters let's go!
Nice to see a Green open today.. positive
Tried to post telegram link. It is easier to communicate there.
*************+cm4xlptw-aywm2q0
I've complained to the FCA and SEC using the links on the Telegram Hive US group.
Whoever planned this SPAC merger should have been aware of the risk of this kind of market manipulation, so either they did it deliberately or are grossly incompetent and have cost the company half of it's merged value and dropping.
3 weeks on an most of us are still with our hands tied and no access to the shares, but hey, the damage had already been done.
The "it's OK, the BARDA contract will boom this share", has been and gone and the SP still dropped. This is not fair market conditions in any way, shape or form. Who chose such a low float and should our SMD shares really be held back for so long, meaning half the shares are suspended?
MDAI has had a lot of new coverage over the weekend which may help the price kick start.. however, if its still being munipulaleted then who knows.. maybe down further.. time shall tell
@ andrewkelly84: I'm new to this board but have been watching closely as I had just shy of 50,000 SMD shares so I'm not best pleased. Have you had any take-up on the WhatsApp suggestion? I'd be interested in seeing if we have any kind of leverage.
Join The Hive USA chat group.
I'm on the Telegram group, but find Telegram clunky. Every time I look at it, there are 250+ posts in no particular order, of varying topics to wade through.
I think the idea is to search for the #ticker.
On it now. I suggest everyone should join. Seems like an easier platform to communicate easily and progress.