Breakout stock

Search

New member
Joined
Dec 27, 2008
Messages
274
Tokens
NEWL - New Lead Holdings......... stock was left for dead ,,, but it is showing big signs of life although it is down today...... I expected a sell off today after some Huge days........... This is a stock that is about to go through the roof in due time
 

Member
Joined
Oct 9, 2006
Messages
1,917
Tokens
Tough day today allegedly due to shorts...what's your take going forward...still a nice long play?
 

New member
Joined
Dec 27, 2008
Messages
274
Tokens
i am in long term..... it is going to take some guts to stick with it ... but i will weather the storm and come out on top at the end
 

Member
Joined
Oct 17, 2011
Messages
996
Tokens
I just charted this thing on Yahoo. Must have been a ton of reverse splits. $3.00 a share today. That share was worth over $4,000,000 a few years ago?
 

Member
Joined
Oct 17, 2011
Messages
996
Tokens
Guess you could risk $3.00 and hope for a bounce-back to $4 mill!! Or maybe spend around $30,000 and own a large percentage of the whole world on the bounce back!! Hell, I'm all in!!
 

Member
Joined
Oct 9, 2006
Messages
1,917
Tokens
Any idea what's going on with this thing? People are freaking out over all these alleged o/s shorts...
 

Member
Joined
Oct 9, 2006
Messages
1,917
Tokens
Re-opening at 11am...the volume is going to be insane...could be a huge window to cash out, for anyone that is tired of this thing
 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
32,899
Tokens
[h=1]Today’s Biggest Disappointments: NewLead Holdings Ltd (NEWL)[/h]

July 2, 2014 Share This Facebook 0 Tweet





NewLead Holdings Ltd (NASDAQ:NEWL)lost 15.47% on Wednesday, extending three-day fall after trading in NewLead Holdings Ltd. (NEWL) resumed on Friday, June 27, 2014 at 11:00:00 a.m., Eastern Time. Trading in the company’s stock was halted on Wednesday, June 18, 2014 at 9:39:53 a.m., Eastern Time.
 

New member
Joined
Nov 26, 2010
Messages
519
Tokens
Did you guys know you can "short' the stock?? Basically your playing that it goes down instead of up. Read up on it, google it, ect. I haven't done it yet myself, yet i'm learning. enjoy!
 

Member
Joined
Oct 9, 2006
Messages
1,917
Tokens
^People have been shorting this thing since it was at $3+...every day the shorts win...just seems the window for shorts has been missed now given it's $0.15/sh.
 

I'm from the government and I'm here to help
Joined
Sep 21, 2004
Messages
32,899
Tokens
hard to short a stock trading at $0.07 ....
 

Member
Joined
Oct 9, 2006
Messages
1,917
Tokens
Sitting at $2.16 now with a reverse split...good news to hit back at all the constant shorts
 

Member
Joined
Oct 9, 2006
Messages
1,917
Tokens
6:27 am NewLead announced yesterday after the close, 1-for-50 reverse split of common shares and hearing date (NEWL) : Co announced that a 1-for-50 reverse stock split of its common shares has been approved by the co's Board of Directors and by written consent of a majority of NewLead's shareholders, in order for the co to achieve compliance with the minimum bid price requirement of $1.00 per share for continued listing on NASDAQ. The reverse split will be effective upon the commencement of trading on July 15, 2014.


  • The reverse split will consolidate every fifty common shares into one common share, par value of $0.50 per share.
  • As a result of the reverse stock split, the number of common shares outstanding will be reduced from 325 mln outstanding as of July 14, 2014, to ~ 6.5 mln shares, subject to rounding up of all fractional shares to the nearest whole share.
  • In respect to the underlying common shares associated with any derivative securities, such as warrants, options and convertible notes, the conversion and exercise prices and number of common shares issuable will be adjusted in accordance with the 1:50 ratio. The number of authorized common shares and preferred shares of NewLead will be 100 mln and 500 mln, par value of $0.01, respectively.
 

Member
Joined
Oct 9, 2006
Messages
1,917
Tokens
Sitting at $4+, but only $0.09 pre-split...only a matter of time before this thing gets delisted
 

Forum statistics

Threads
1,106,765
Messages
13,438,762
Members
99,335
Latest member
webgiginfoservices
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com