[Chambo]

Anyway,...looks like ONDK broke the resistance of $9 today.

[Chambo]

1) Law Offices of Howard Smith
2) Gainey, McKenna, Egleston
3) Gilman Law
4) Law Office of Howard Smith

All joining the frey. These lawyers jump on like feral hyenas worse than stackers do a 5th position!

[Mmarano]

Hahaha

1) law offices of howard smith
2) gainey, mckenna, egleston
3) gilman law
4) law office of howard smith

all joining the frey. These lawyers jump on like feral hyenas worse than stackers do a 5th position!

[mcaguru]

Please excuse my ignorance..But it seems like the First Class action law firm got stacked!!!!

1) Law Offices of Howard Smith
2) Gainey, McKenna, Egleston
3) Gilman Law
4) Law Office of Howard Smith

All joining the frey. These lawyers jump on like feral hyenas worse than stackers do a 5th position!

[PRIMO CASH]

I heard the broker who stacked those Law Firms disappeared and nobody can get a hold of him.....lol

[KTK]

15.65 million total shares shorted at $17.09 average. 24% of daily trading volume. Shorts are $125M in the money, with absolutely no worry of having to cover anytime soon

[Chambo]

15 million short? How many shares did they issue?

[MCNetwork]

15.65 million total shares shorted at $17.09 average. 24% of daily trading volume. Shorts are $125M in the money, with absolutely no worry of having to cover anytime soon

Ballsy play. I wish I had the guts (and buying power) to do that!

[NBDC_Leads]

ballsy play. I wish i had the guts (and buying power) to do that!

yuuuup!

[KTK]

69.5M out
21M in the float

That's total shares shorted not current interest.

[MCNetwork]

Now if On Deck insiders were shorting the stock you'll probably see prison sentences...

[KTK]

This thing ever makes its way back to the mid teens you could jump long and ride the squuueeeezzzee lol

[KTK]

I'd bet my life someone connected to the 1st law firm was

[Chambo]

69.5M out
21M in the float

That's total shares shorted not current interest.

21 mill in the float with a 15 mill short position? Good Lord this stock will skyrocket on the squeeze if some positive news comes out

[KTK]

The ole squeeze play

[mcaguru]

http://www.marketwatch.com/story/sha...ndk-2015-08-19

is that a new class action>? cant keep up with the law firm names....

[mcaguru]

No letting up on Ondeck stock now sadly around 8 Bucks. High was 28 that's down 20 Bucks. I wonder how many merchants / mom and pop buyers that are down from the mid to High 20's. -that's between 1 and 2 Billion of lost money to investors. think about it if there stockbroker charges them a PSF I meant commission it would be from the smaller issues they have at hand

[Guy In The Know]

No letting up on Ondeck stock now sadly around 8 Bucks. High was 28 that's down 20 Bucks. I wonder how many merchants / mom and pop buyers that are down from the mid to High 20's. -that's between 1 and 2 Billion of lost money to investors. think about it if there stockbroker charges them a PSF I meant commission it would be from the smaller issues they have at hand

mcaguru - what do you think a fair valuation for ONDK is? would love to hear you analysis. thanks in advance

[MCNetwork]

The place to short this stock was around $14. At this point, it's a 50/50 proposition at best. This stock can easily go to zero and I don't see too much upside at all unless another company decides to acquire it. I wouldn't risk too much money on it.

[Guy In The Know]

The place to short this stock was around $14. At this point, it's a 50/50 proposition at best. This stock can easily go to zero and I don't see too much upside at all unless another company decides to acquire it. I wouldn't risk too much money on it.

what valuation framework are you using for your analysis?

[KTK]

Stocks trading around 4X rev at the moment. Not an unfair valuation in the least.

Unfortunately for them and all the long holders it is at the mercy of these lawsuit press releases. It's to much of a gamble in either direction right now. The result of the lawsuits will likely dictate the future movement. I think they come out on top but that's my opinion. I'd be long right now if I had to make a move on it.

That said, you can't loose what you don't put in the pot and I wouldn't touch it at all right now. If I was short I'd buy stop it at 10.25 and if already long just hold on and see!

My humble opinion

[MCNetwork]

what valuation framework are you using for your analysis?

I'm a technical trader in my former life. This is based on chart patterns combined with some knowledge of the industry.