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Thanks for the update on HL
Can I I investors please confirm they have received their shares and they can be traded. HL have advised this week that HSBC are now processing the share dealing so presumably HL have crossed their t s and dotted their I’s. Trying very hard not to lose it
Thank you, Awl007, I shall have a read of the book you mentioned.
I shall be pleased to hear any comments later of the 1-1 Conference which SMDAI Management and Institutions are attending.
Morning all. Had a look at the link that you provided. A lot of it was over my head but managed to find the table with the short percentage. So thanks again Medjed. Warty the book on Amazon I was referring to is called Day trading for beginners. Wish I had read it before starting. Good luck all.
Glad to help. Yes I too was shocked how rampant naked shorting is in the US. Give me AIM any day lol. I have now had a look at quite a few 2023 de-SPACS they all plummet to $2 or below right after merger. Looks like its regular practice by the MMs and brokers to attack them right off the bat.
Good luck to all of us on this stock. I hope it recovers and surpasses our expectations!
Big thanks Medjed. I think this is definitely having a negative effect on the sp. From what I’ve read it’s illegal in the uk but rampant in the States. I most probably am wrong but just the information I’ve picked up. Hope it gets resolved soon. Then we can see we’re it goes under its own steam. Thanks again and good luck with all your investments.
Fintel publish FINRA data. You can access most of the tables for free here without opening an account.
https://fintel.io/ss/us/mdai
For the past two days they seem to have eased down, with 'only' 33% of all transactions being short.
I have a hunch that HSBC non-delivery of shares is somehow linked to the rampant naked shoring. I'm not sure how because as far as my (limited) understanding of naked shorting goes, they don't need the shares, or even to know where the shares are, to sell them naked short. They essentially sell non-existent shares and the buyer will experience non-delivery because they were not real shares.
Unless they sold the actual people's HL shares short, in which case they seem to be screwed because the public float is only around 250k, they can never hope to buy the real shares back to deliver to HL customers.
If that is the case, it will be interesting to see how it plays out.
Medjed seems to have a better grasp and more information on the short percentage. I’m not sure were to find this information. Could anyone point me in the right direction?
Morning all. Watty there is a couple of books available on kindle and free with prime worth a read. Can’t remember their names. One is basically investing for dummies (re me). The other is more in depth for seasoned investors and made my head hurt.
As for the share price it’s anyone’s guess. But in my opinion once people have ability to trade we may see a rise. The company has a good product but still in its infancy.
I have had a costly experience when I started investing by trusting people on these boards and taking what they say as gospel. Only invest what you can afford to lose. Good luck with your holdings and keep your fingers crossed.
Thank you to those of you who very kindly went to the trouble of explaining shorting to me. I give up on this as I shall never understand it and especially where Naked Shorters are concerned.
I am still wondering what will happen to the share price when the HL UK shareholders receive their shares whenever that might be. Perhaps my best course of action is to continue to sit tight , watch, wait patiently and hope for a sudden huge rise in the share price.
Thanks. Will try marketwatch. I bought before merger with hl and it keeps saying no information available. 😵💫.
Google
Marketwatch
The platform you bought shares from?
IG show live prices for example.
Can anyone advise were I can get live prices and trades for this share. Nothing on this board.
Thanks for the update Olliemarples
Sorry Ollie. The second part of my message was for wattie. Too early in the morning.
Thanks for the update Watty. Will start to look into it after the holidays if nothing has happened. Watty. A shorter is a broker who borrows shares from another broker or company then sells them on to an investor. They will then hope prices fall or even better for them that the company collapses so they can buy back shares cheaper to repay their original loan. Like betting on a team to loose. Naked shorting is a new one on me. I think they sell shares that don’t exist then hope for a placing. Have I got this right. Please correct me if I’m wrong. GLA.
8 weeks from which event?
MDAI launched on NASDAQ on 12th September if its 8 weeks from then that compensation is claimable.
Any ideas when this is. Tar.
I am completely baffled how Shorters work. What is likely to happen to the share price when UK HL shareholders receive their shares?
Don't worry regarding Hl... I've contacted the finacial Ombudsman.. they advised we can't but a claim in untill after 8 weeks from the event we should have received shares.. tick tok they don't have long before compensation will be claimable and solicitors on their backs.
Good move up on Friday. Any thoughts on sp today? Still can’t trade on HL. Boohoo. Getting a bit annoyed. 🤞🤞🤞 for another rise today. This time next year….
I know it isn’t the company’s fault but if I had a 1 2 1 chat could they tell me we’re my shares are?
Looking good pre market following the news release below, which was issued after the close.
DALLAS, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Spectral AI, Inc. (Nasdaq: MDAI; MDAIW) (“Spectral AI” or the “Company”), an artificial intelligence (AI) company focused on medical diagnostics for faster and more accurate treatment decisions in clinical wound care, today announced that it will participate in the Benchmark 12th Annual Discovery One-on-One Conference being held on December 7, 2023 in New York City.
Management will participate in 1x1 meetings throughout the day with institutional investors. For more information on the Benchmark 12th Annual Discovery One-on-One Conference, or to schedule a one-on-one meeting, please contact your Benchmark representative or visit the Conference Website
Thanks. I’m with HL. 😔
Ok and I bought some more :) Just £1k but that's all I could afford