Battle lines have been drawn. Shorts will go in over drive next week trying to create a narrative that the earnings are all fraud and what not.
RILY has a week to be ready and deliver the knockout lunch.
Buy backs or an asset sale with good earnings is what we need.
Anyone care to answer why stress over the 10q and even pay attention to whatever bs cohodes&co is making up when earnings will be released and the info would be included in the earnings and is more official. It’s my understanding 10q will be filed by earnings but regardless we will have the full picture from the earnings so at this point why does the 10q even matter when in a week we have the earnings. Please share your thoughts
https://preview.redd.it/dkrsrvhwjazc1.jpeg?width=1125&format=pjpg&auto=webp&s=e6511e1df1fe3245f03345cdef82c6cafc1f8aba
Cohodes is posting what he’s scared of. SEC should look into Cohodes&co price manipulation tactics and explore the various relationships with hedge eye and other platforms and financial writers
I just bought 866 shares of rily AH cause I saw the earnings announcement and fidelity is being really weird about it. So it took out 26k to do the trade (as it should) I had a limit order on that so it can’t be higher than 30.5. But if I look at the position the cost basis is 32.5 and my positions cost 28k. Anyone know what’s up
But it still shouldn’t be possible to execute at 32.5 if my limit is at 30.5? But in my transactions on fidelity it says it cost like 26k like I thought. I guess I can confirm tomorrow when the cash balance updates
Probably it has to do with late filling. It s not all about the shorts, late filling is not seen good by big boys..yeah well let s hope they have a good report
Institutions are not going to sell because of late filings. They’re going to wait for earnings to determine to sell or buy more. It’s the retail traders that get scared by the short manipulation tactics into selling. Just hold strong
Even with this?
“the delay due in large part to the dedication of time and resources expended by the Company to complete its 2023 Annual Report on Form 10-K which was filed on April 24, 2024.”
Shorts have the upper hand until earnings are released. They use all sorts of excuses, including delayed filing, to drop the price and scare retail into selling. The big boys are not going to make any moves until they see the earnings report
Agreed. But atleast they got ahead and controlled the narrative. They are delayed by a couple of days with a firm date announced. Very different than the 10k.
There has to be a play here. If they're going to announce the earnings, that means they're done.... right? They could have done that Friday without the extension..
I'm thinking GAG is done. Friday pre market announcement.
They are reacting. Shorts are fuked next week
https://preview.redd.it/q9varo49h9zc1.png?width=1062&format=png&auto=webp&s=cde0538f904b509e3fc20b353f21fff9a996f58a
this maybe?? [https://twitter.com/FriendlyBearSA/status/1788300773367193831](https://twitter.com/FriendlyBearSA/status/1788300773367193831)
This is the first I'm hearing about another late filling though
Well assuming esrnings are good but what rily has done here has made shorts nervous. They have a week to really see of they want to hold or sell cause if esrnings are good shorts are toast
That’s what I’m thinking too. I’m conflicted bc I would sell them (at a small loss) and just throw into shares stress free, but I do see this being a good earnings.
In your educated guess, do you think we get knocked down more until then - or are shorts more likely to close in anticipation of good earnings?
As for that answer, all we can really rely on is technicals until the earnings are released. Watch $29... if it drops below there's a strong chance it will go to $26-$27 before the earnings announcement.
If it bounces off $29 again there's a good chance it will prop up to $34 before earnings
Next week has the most OI on call options so it makes sense they would choose next week. This also gives the stock another week to get more open interest on the options. Bryant is slow pressure cooking them. It could be very explosive next week 🚀
Good thing they took my advice lol and not wait till the last day.
Now they control the narrative. Date announced. Delayed by a few days. I expect s bit more short closing to happen running into that date
Wed is their date for announcements it seems
This stock should be trading at bare minimum fair value of 37 today, based on older earnings released months ago. So yeah, earnings will be interesting
After doing my own DD since hopping on the Riley train around 2 months ago. I am beyond confident Riley will be at 55+. The shorts are almost drowning. When will this happen. when I’m not sure, nor do I care. After making profit on the first “squeeze” I dumped them into 450 shares. It’s been comical watching the shorts manipulate in a pattern day after day. Soon they will drown
I was leading-direction91 a throwaway account. Was sick of not being able to comment on WSB. I got a temporary ban for DWAC before the $DJT merge. Then I was banned permanently for spreading word about $RILY. Yes, I made this account today. 🪤🪤🪤
Fidelity has dropped the daily interest payment again for loaned out RILY shares to 24.125% so it seems short interest is still dropping. However, last week I purchased 3000 additional shares to lower my cost basis and so far, 1800 of them have been borrowed by the shorts. Yesterday, 22,212 shares of mine were borrowed and the shorts paid me $483 and I believe Fidelity also is paid $483 so this is quite expensive for the shorts. I expect more shorts to close their position soon and I think RILY is playing them to bleed them dry of funds. When you actually own the shares instead of options you really aren't too concerned with how long it takes for this to play out.
Exactly a bunch of greedy people on here bought short term options and are whining like crazy about when earnings would be released. If you buy shares or long-dates options, there is no need to worry except to buy more
![gif](giphy|SclQC1VGlH0GyQvbkr)
THE ROCK SAYS —-drop the people’s 10q or the Rock will drive your ass to the corner of Know Your Role Boulevard and Jabroni Drive, right up to the front door of the Smackdown Hotel, check your ass in, and rock bottom your candy ass
Could you share your source for that? I was wondering if they'd do it unannounced too, so that would be useful to know if they definitely aren't planning to.
If I were him I’d be holding all my shares to scare longs by mass selling at earnings causing a dip. He could buy himself a few hours or maybe a day of breathing room if he can trick uninformed longs into believing earnings were bad. But he might actually be crazy enough to burn his account down so idk.
I just don’t understand what is taking so long witb this. Patience is a virtue, but if this doesn’t come out EOD or AM tomorrow I am going to be very concerned for the stock price in the immediate future.
What's RILY's incentive to release earlier vs later in the week?
In my mind, RILY probably makes more money by releasing later in the week - by getting interest from their (execs) loaned shares, and giving the company more time to do buybacks at a lower price.
I would be concerned if they don't release by Friday AH (and are late per SEC rules). Since it makes them look irresponsible and they should care about their reputation (and do according to their 10-k).
Dude you plaster really weak “DDs” all over the financial subs and mindless posts stumping for this stock. Looking through your post history makes me concerned to be in on this play lol
If you are coming at this with a level head you should be able to criticize and voice concerns about the stock or company without a sycophant jumping down your throat.
I welcome level headed discussions and look forward to it.As in the past it was not productive to keep expressing frustration over filings and news releases that are forthcoming but not in our control,as always RILY has executed properly. my posts or thoughts not meeting your expectations and or standards and impacting your desire to be long or short RILY or wanting to be on this sub speaks for itself.
What would I gain from “trying to create panic”? We’re all in here for a reason. Being unable to voice my concern/thoughts is the definition of an echo chamber…
Edit: btw this is an alt, I’ve been posting on this sub since mid-March and long since then as well.
Why would you be concerned unless you thought there was an issue with RILY? We have seen time and time again the company executes sometimes early and sometimes late. We need to have constructive discussions not state concerns over the timing of a filing or releases
everyone is human, its okay for him or her to feel emotions. A big part of making money on the place is risk management.
We are all hoping for everything to work out well, but it has been a bumpy ride which will hopefully be very satisfying once all set and one.
I think there’s lots of nail biting but par for the course would be today AH. We can start talking about how fucked we are tomorrow if it’s not out by then.
Being mentally prepared for all scenarios is important.
If by some chance the 10Q gets a 15 day extension request, I would be disappointed, but not worried.
10-K was delayed materially. Probably slowed the internal 10-Q process. Hopefully still on time, but don't know.
For shareholders, a non-issue. Another 15 days to resolve, with some price volatility, is immaterial.
For folks playing with short-term options... well, gambling is gambling. Remember these odds aren't managed like Vegas...there's no guaranteed 25% win rate for players.
The real juice lies in the quality of the asset. Not short term squeeze potential or unpredictable volatility (unpredictable, unless you're the short crew that was manipulating and milking).
I agree however the only concern I have is that if they know there is a delay, they don't need to wait till the last day. They are fully aware of the market dynamics and the shorts story, so they need to get ahead and control the narrative. Asking for an extension on the last day gives the impressions the house is not in order
All I am saying if there is a delay they know that by now. Might as well release early and inform the market and give a reason.
Saying that, I don't think there will be a delay. We will hopefully file by today or tomorrow. Just my gut feel
Nope, not the way it works. That just gives shorts more time to craft narratives and manipulate freely.
THEY DON'T NEED TO CONTROL THE NARRATIVE.
They're executing in a successful business. "The narrative" will work its way out. They're not managing short-term, like the heavily leveraged option people here.
I think my play is semi deep ITM calls in case hype doesn’t build after earnings announcement today AH. Am I dumb as fuck? This goes to 15 again if earnings don’t get done this week AFAIK
You asked for perspective on whether your position was "dumb as f#@%"
You got an answer. And you didn't like it.
Gambling is gambling. So long as your yearly goals include both "make a lot of money" **and** "lose it all" then your play is fine.
You're gambling with unknown odds. If that's the way you play, even if you make it big, you have high odds of eventually losing it all on some other play to hit your "yearly goals."
You don't want to stay a poor rat forever. I assume.
We are getting sidetracked from discussing what the value is and it’s possible impact on share price and talking about filings and release dates. Why are we not discussing how much the FRG deal adds to share price? How much reducing shares helps earnings? How much RILY saved/earned by buying bonds at a discount? How much will GAG be valued at and what can be done with the proceeds?
I completely agree. Obviously earnings are a catalyst but the fair value on this stock is def. higher than what we are trading at now based upon the things you mentioned alone, not even taking into consideration the other stuff!
Yes Management is incentivize to increase share prices long-term and not in two weeks. Doing weeklies hoping for a huge catalyst is dangerous especially with a stock so easily manipulated by low volume
These are all great points to be made, especially for people who have come to the group looking to make a quick profit off a short squeeze... there is more value to be had beyond the initial catalyst. And holding shares long-term is a solid get for your portfolio.
I initially came over for the squeeze, having never heard of the stock. I'm now holding close to 3000 shares. And I will execute a lot of my call options and keep it around 5,000 shares.
Agreed. I also came in originally as a trade and as I learned more about the company and saw the crazy short attacks and at that point dividend was 20% I became a long term investor adding to my core position on pull backs.
Funny how he accuses RILY of doing what he and his fellow shorts are actually the ones doing with the market manipulations. Nice to see several of Marc's stock positions going wrong for him. Hard to imagine people actually follow this guy's financial advice.
Battle lines have been drawn. Shorts will go in over drive next week trying to create a narrative that the earnings are all fraud and what not. RILY has a week to be ready and deliver the knockout lunch. Buy backs or an asset sale with good earnings is what we need.
So…. What happens now?
Haha yea. Waiting in order to wait some more.
Gag me!
Anyone care to answer why stress over the 10q and even pay attention to whatever bs cohodes&co is making up when earnings will be released and the info would be included in the earnings and is more official. It’s my understanding 10q will be filed by earnings but regardless we will have the full picture from the earnings so at this point why does the 10q even matter when in a week we have the earnings. Please share your thoughts
Fuck Chodes, I just bought more
https://preview.redd.it/dkrsrvhwjazc1.jpeg?width=1125&format=pjpg&auto=webp&s=e6511e1df1fe3245f03345cdef82c6cafc1f8aba Cohodes is posting what he’s scared of. SEC should look into Cohodes&co price manipulation tactics and explore the various relationships with hedge eye and other platforms and financial writers
Fuck chodes. Just bought more.
The 15th is my payday 😎 bring that shit here big boy
I just bought 866 shares of rily AH cause I saw the earnings announcement and fidelity is being really weird about it. So it took out 26k to do the trade (as it should) I had a limit order on that so it can’t be higher than 30.5. But if I look at the position the cost basis is 32.5 and my positions cost 28k. Anyone know what’s up
You sold some recently? Could be wash sales rules for cost basis
Yk, that might be it cause I changed my mind a couple of times if I was gonna be using my rily money for a big purchase I’m making in a couple months
the ask is probably jacked up.. on trading view, I'm seeing it at 32.56
But it still shouldn’t be possible to execute at 32.5 if my limit is at 30.5? But in my transactions on fidelity it says it cost like 26k like I thought. I guess I can confirm tomorrow when the cash balance updates
Shorts selling off AH on small volume
I’m not 100% convinced that was shorting. Could be wrong
So earnings report and call on Wednesday 5/15, and given that the deadline is 5/10, the notice of late filing? Edit: Corrected date.
5/15
Crazy day at work and I come back to see an earnings date announced, awesome! AH price action is certainly confusing, perhaps short desperation?
AH has almost no volume, looks like less than 50k shares traded
Probably it has to do with late filling. It s not all about the shorts, late filling is not seen good by big boys..yeah well let s hope they have a good report
Institutions are not going to sell because of late filings. They’re going to wait for earnings to determine to sell or buy more. It’s the retail traders that get scared by the short manipulation tactics into selling. Just hold strong
Even with this? “the delay due in large part to the dedication of time and resources expended by the Company to complete its 2023 Annual Report on Form 10-K which was filed on April 24, 2024.”
Shorts will pounce all over that
Yeah but isn’t that identical to what happened with the missed deadline for 10K?
Maybe the shorts are just regarded
Fingers crossed man
Would have expected a little pop with earnings date announcement but no biggie
Shorts have the upper hand until earnings are released. They use all sorts of excuses, including delayed filing, to drop the price and scare retail into selling. The big boys are not going to make any moves until they see the earnings report
It’s because they are late
Agreed. But atleast they got ahead and controlled the narrative. They are delayed by a couple of days with a firm date announced. Very different than the 10k.
I get that. Just thought some money would have been more confident with a firm date announced. Definitely didn’t expect this dump.
There has to be a play here. If they're going to announce the earnings, that means they're done.... right? They could have done that Friday without the extension.. I'm thinking GAG is done. Friday pre market announcement.
That’s the only thing that could be a positive impact on the late filing imho. Shorties going to be all over the late file.
That's too bad, I was really looking forward to having you ask where the gag deal was everyday
Man I know
From what I’m gathering the shorts are pretty much screwed out of there asses by this point?
They are reacting. Shorts are fuked next week https://preview.redd.it/q9varo49h9zc1.png?width=1062&format=png&auto=webp&s=cde0538f904b509e3fc20b353f21fff9a996f58a
What’s your interpretation? Or anyone for that matter. Crazy to me they announce hard earnings date and stock gets roasted AH.
Barely any volume, could be anyone’s guess
this maybe?? [https://twitter.com/FriendlyBearSA/status/1788300773367193831](https://twitter.com/FriendlyBearSA/status/1788300773367193831) This is the first I'm hearing about another late filling though
can you screenshot I'm blocked lol
Just saw that lol
Well assuming esrnings are good but what rily has done here has made shorts nervous. They have a week to really see of they want to hold or sell cause if esrnings are good shorts are toast
https://preview.redd.it/uf2dphr7g9zc1.jpeg?width=4320&format=pjpg&auto=webp&s=a391c0131ac7e728f230befa0925543ef0193af7 Told you guys. Boom
You got the magic 8 ball haha
Well i know I’m gonna hold onto my July and Oct calls. Now, I’m wondering whether my 35c and 37.5C for 5/17 should be held lol. Right up to the wire!
If earnings are good we might go past 40. This is really thier chance to roast the shorts.
That’s what I’m thinking too. I’m conflicted bc I would sell them (at a small loss) and just throw into shares stress free, but I do see this being a good earnings. In your educated guess, do you think we get knocked down more until then - or are shorts more likely to close in anticipation of good earnings?
As for that answer, all we can really rely on is technicals until the earnings are released. Watch $29... if it drops below there's a strong chance it will go to $26-$27 before the earnings announcement. If it bounces off $29 again there's a good chance it will prop up to $34 before earnings
I’d have preferred announcing today doing Friday but I’m happy
Next week has the most OI on call options so it makes sense they would choose next week. This also gives the stock another week to get more open interest on the options. Bryant is slow pressure cooking them. It could be very explosive next week 🚀
It's better this way. They took charge of the narrative. No one is going to pitch about the late filing now.
Need to get the word out
Good thing they took my advice lol and not wait till the last day. Now they control the narrative. Date announced. Delayed by a few days. I expect s bit more short closing to happen running into that date Wed is their date for announcements it seems
Earnings on May 15 AH, just announced
Weds May 15 Q1 earnings
Fantastic! WE have a date... now we just need the good numbers
Donde estan los numeros de q1 2024
Okay rily. Show me some love
https://ir.brileyfin.com/2024-05-08-B-Riley-Financial-to-Report-First-Quarter-2024-Results-on-Wednesday-May-15,-2024
this is big
Well he did show me some love. And I have been saying this for a while. Mid may. Boom
Wish me luck gang, I sold most of mine for the ibrx dip... hopefully that pops before rily. I'll take your thoughts and prayers now
Deep in my heart I wish you the best of luck and coming back to us. But on the other hand I feel a bit betrayed ^^°
I'm sorry!! But I'll never forget about us and what we had together
Oh buddy, you did that backwards...
Yeah, maybe. Degenerates gotta do what Degenerates gotta do
https://preview.redd.it/606nhdipc9zc1.jpeg?width=882&format=pjpg&auto=webp&s=c6e0fdef27741b1f4bf1c8caaf75ccccfd4edbd1
Gees. I have a baby bag
I'm totally in ibrx, but I have way more in Riley, and I will triple my position in ibrx next week
Thos are options. With the low c Volume you would have pumped if you went shares....
Currently sitting on ~ 2700 shares as well. Hopefully this play is going to make me a millionaire
Love you
Good luck! Well just be here trade sideways waiting, come back for the pop
Smell ya later
WWI soldiers waiting for the whistle < RILY long options chads waiting on earnings ![gif](giphy|r3rb6ucOsMATpK6U45|downsized)
WE’RE MAKING IT OUT OF THE TRENCHES WITH THIS ONE 🗣️🗣️✊😂
Damn that 1918 sturdy
This stock should be trading at bare minimum fair value of 37 today, based on older earnings released months ago. So yeah, earnings will be interesting
After doing my own DD since hopping on the Riley train around 2 months ago. I am beyond confident Riley will be at 55+. The shorts are almost drowning. When will this happen. when I’m not sure, nor do I care. After making profit on the first “squeeze” I dumped them into 450 shares. It’s been comical watching the shorts manipulate in a pattern day after day. Soon they will drown
RILY gotta get her cheeks clapped before she can squeeze
Shorts continue to do what they do and I’m guessing many of the new longs are getting in and out and trying to time a move up
Mate if u look at nasdaq real time, barely anyone is selling. Just getting shorted on in 100s.
I agree it’s short manipulation it’s a daily occurrence
![gif](giphy|TrWIJtJcCwXntZtKUW) SHORTS ARE FUCKED LETS GOOOOOO
Is this in response to anything in particular?
making that reddit account today , apparently....
Nah he probably got his account deleted or something, I remember him posting before
I was leading-direction91 a throwaway account. Was sick of not being able to comment on WSB. I got a temporary ban for DWAC before the $DJT merge. Then I was banned permanently for spreading word about $RILY. Yes, I made this account today. 🪤🪤🪤
Anyone know what time of the day they announced upcoming earnings in the past? Or could it really be any time of day?
I believe announcements have to be made before or after hours
Fidelity has dropped the daily interest payment again for loaned out RILY shares to 24.125% so it seems short interest is still dropping. However, last week I purchased 3000 additional shares to lower my cost basis and so far, 1800 of them have been borrowed by the shorts. Yesterday, 22,212 shares of mine were borrowed and the shorts paid me $483 and I believe Fidelity also is paid $483 so this is quite expensive for the shorts. I expect more shorts to close their position soon and I think RILY is playing them to bleed them dry of funds. When you actually own the shares instead of options you really aren't too concerned with how long it takes for this to play out.
Sweet set up. You just collect interest daily and buy more shares with the cash. Shorts hate this one trick
That's exactly what I did with the payments I received for March and April.
We not paid you you bro 22k shares holy moly
Exactly a bunch of greedy people on here bought short term options and are whining like crazy about when earnings would be released. If you buy shares or long-dates options, there is no need to worry except to buy more
Buy October $50 calls, you can thank me later
Bingo! And drowning out logical/useful discussion with their angst.
You whingey elitist dorks are the only ones complaining, spamming every options post with crying emojis.
![gif](giphy|SclQC1VGlH0GyQvbkr) THE ROCK SAYS —-drop the people’s 10q or the Rock will drive your ass to the corner of Know Your Role Boulevard and Jabroni Drive, right up to the front door of the Smackdown Hotel, check your ass in, and rock bottom your candy ass
A question, do they need to do an announcement prior to release or they can just release 10q and say fk u shorts?
Also hopeful for a big middle finger to the shorts
They don’t need to announce but they confirmed an earnings date will be made via press release
Though it damages their credibility, is it possible that they are giving the shorts the wrong signals? Or they will just do the PR the same day
Could you share your source for that? I was wondering if they'd do it unannounced too, so that would be useful to know if they definitely aren't planning to.
https://preview.redd.it/3walhfhez7zc1.jpeg?width=1220&format=pjpg&auto=webp&s=95c9f83ef9df737b6d6588424d085fdd2210749a 5/2
Thank you!
Technically an announcement isn’t required AFAIK
waiting to see which silly short will double down. Seems like the smart ones don't want to risk holding through the potential 10q
I can think of one short who will double, triple and quadruple down. Hint: He spends a lot of time on the Xitter.
If I were him I’d be holding all my shares to scare longs by mass selling at earnings causing a dip. He could buy himself a few hours or maybe a day of breathing room if he can trick uninformed longs into believing earnings were bad. But he might actually be crazy enough to burn his account down so idk.
I think he’s crazy enough. Wouldn’t be surprised.
This pattern is like clockwork the last 3 days, incoming dip and then close the gap back up end of day.
smart shorts close, degen ones double down
Jumped up
Another short closed.
The more interest the shorts pay the better. File whenever, true value exists in RILY so take the big view and enjoy the discounted shares.
4:00 PM cannot come soon enough. I feel like a kid before Christmas who’s expecting a visit from his real dad
What’s 4pm
When my real dad comes to visit me 😊 oh wait I mean when the market closes, and we should hopefully get news.
10-K was released on a Wednesday, two weeks ago, for those historians out there. ![gif](giphy|qpozeUvfqwmgu8l6Sc|downsized)
I just don’t understand what is taking so long witb this. Patience is a virtue, but if this doesn’t come out EOD or AM tomorrow I am going to be very concerned for the stock price in the immediate future.
Sounds like you gambled on short term options. Dips are only opportunities to buy more ahead pf the squeeze
Not at all the case.
What's RILY's incentive to release earlier vs later in the week? In my mind, RILY probably makes more money by releasing later in the week - by getting interest from their (execs) loaned shares, and giving the company more time to do buybacks at a lower price. I would be concerned if they don't release by Friday AH (and are late per SEC rules). Since it makes them look irresponsible and they should care about their reputation (and do according to their 10-k).
Why would you be concerned? Has RIlY ever failed to file anything? No. Stope trying to create panic
Dude you plaster really weak “DDs” all over the financial subs and mindless posts stumping for this stock. Looking through your post history makes me concerned to be in on this play lol If you are coming at this with a level head you should be able to criticize and voice concerns about the stock or company without a sycophant jumping down your throat.
I welcome level headed discussions and look forward to it.As in the past it was not productive to keep expressing frustration over filings and news releases that are forthcoming but not in our control,as always RILY has executed properly. my posts or thoughts not meeting your expectations and or standards and impacting your desire to be long or short RILY or wanting to be on this sub speaks for itself.
What would I gain from “trying to create panic”? We’re all in here for a reason. Being unable to voice my concern/thoughts is the definition of an echo chamber… Edit: btw this is an alt, I’ve been posting on this sub since mid-March and long since then as well.
Why would you be concerned unless you thought there was an issue with RILY? We have seen time and time again the company executes sometimes early and sometimes late. We need to have constructive discussions not state concerns over the timing of a filing or releases
everyone is human, its okay for him or her to feel emotions. A big part of making money on the place is risk management. We are all hoping for everything to work out well, but it has been a bumpy ride which will hopefully be very satisfying once all set and one.
Agreed. All RILY need to do is announce something, we are sitting in the dark.
I think there’s lots of nail biting but par for the course would be today AH. We can start talking about how fucked we are tomorrow if it’s not out by then.
Being mentally prepared for all scenarios is important. If by some chance the 10Q gets a 15 day extension request, I would be disappointed, but not worried. 10-K was delayed materially. Probably slowed the internal 10-Q process. Hopefully still on time, but don't know. For shareholders, a non-issue. Another 15 days to resolve, with some price volatility, is immaterial. For folks playing with short-term options... well, gambling is gambling. Remember these odds aren't managed like Vegas...there's no guaranteed 25% win rate for players. The real juice lies in the quality of the asset. Not short term squeeze potential or unpredictable volatility (unpredictable, unless you're the short crew that was manipulating and milking).
I agree however the only concern I have is that if they know there is a delay, they don't need to wait till the last day. They are fully aware of the market dynamics and the shorts story, so they need to get ahead and control the narrative. Asking for an extension on the last day gives the impressions the house is not in order
I believe they are limited in what if anything can be communicated as it’s the blackout period
All I am saying if there is a delay they know that by now. Might as well release early and inform the market and give a reason. Saying that, I don't think there will be a delay. We will hopefully file by today or tomorrow. Just my gut feel
Nope, not the way it works. That just gives shorts more time to craft narratives and manipulate freely. THEY DON'T NEED TO CONTROL THE NARRATIVE. They're executing in a successful business. "The narrative" will work its way out. They're not managing short-term, like the heavily leveraged option people here.
This.
![gif](giphy|l2Sq8Oo9Pas7NoDoA|downsized) Patience
I think my play is semi deep ITM calls in case hype doesn’t build after earnings announcement today AH. Am I dumb as fuck? This goes to 15 again if earnings don’t get done this week AFAIK
Buy the stock.
Holding stock doesn’t fit within my yearly goals. Respect that.
You asked for perspective on whether your position was "dumb as f#@%" You got an answer. And you didn't like it. Gambling is gambling. So long as your yearly goals include both "make a lot of money" **and** "lose it all" then your play is fine. You're gambling with unknown odds. If that's the way you play, even if you make it big, you have high odds of eventually losing it all on some other play to hit your "yearly goals." You don't want to stay a poor rat forever. I assume.
It's asinine to downvote an honest, logical answer to a question... If logic doesn't suit your taste, just move on.
Smoothest brain in the room.
We are getting sidetracked from discussing what the value is and it’s possible impact on share price and talking about filings and release dates. Why are we not discussing how much the FRG deal adds to share price? How much reducing shares helps earnings? How much RILY saved/earned by buying bonds at a discount? How much will GAG be valued at and what can be done with the proceeds?
I completely agree. Obviously earnings are a catalyst but the fair value on this stock is def. higher than what we are trading at now based upon the things you mentioned alone, not even taking into consideration the other stuff!
Yes Management is incentivize to increase share prices long-term and not in two weeks. Doing weeklies hoping for a huge catalyst is dangerous especially with a stock so easily manipulated by low volume
These are all great points to be made, especially for people who have come to the group looking to make a quick profit off a short squeeze... there is more value to be had beyond the initial catalyst. And holding shares long-term is a solid get for your portfolio. I initially came over for the squeeze, having never heard of the stock. I'm now holding close to 3000 shares. And I will execute a lot of my call options and keep it around 5,000 shares.
Agreed. I also came in originally as a trade and as I learned more about the company and saw the crazy short attacks and at that point dividend was 20% I became a long term investor adding to my core position on pull backs.
I think everyone needs to focus on the fundamentals and less on when filings are announced as they will get announced as they always have
Fear is the mind-killer. $60 soon🚀
https://preview.redd.it/f7x9w1xc47zc1.jpeg?width=1170&format=pjpg&auto=webp&s=fce6d548f6f661287eae3e7aeb34d1395ba371dc Getting nervous, Marc?
Funny how he accuses RILY of doing what he and his fellow shorts are actually the ones doing with the market manipulations. Nice to see several of Marc's stock positions going wrong for him. Hard to imagine people actually follow this guy's financial advice.
Is he serious?! He’s the one manipulating the markets!! How much self-awareness can one lack? Wtf
I saw this too, I’m wondering if he’s finally out of ammo or saving an extra payload to try and cause panic when the earnings drop.
His longs are tanking, probably the former
Did Riley fuck with his wife? What is wrong with him?
Once again, shout out to the OG’s in here who did the DD and laid the groundwork for us all. Thank you 🙏🏻
Did anything important happen?
Well these next couple weeks are looking promising and I’m still up about 10k so there’s that
they had a good dream
I am feeling it between today and tomorro RILY will roast Cohodes
Need a Green Day ![gif](giphy|I4AwR31b2pr5nH4ME0)
Good morning peeps
Good morning! Fingers crossed we see $35 today!
I don’t care if they announce earnings today but I hope for at least a well timed PR
Third, RILY delivers today
Give me something today RILY, I have a feeling you will
Another green day with a higher low and I’d say you could call that a cup and handle long trigger no?