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Ruiz "Under Investigation" by ambulance chasers

MovingZen said:
My understanding, and please feel free to correct me if I'm wrong, is the company isn't making a profit and isn't expected to make one until next year. Thoughts on why it dropped? Combination of no profit and general market conditions? If the expectation that they'll be making billions in the next few years is true, the stock would seem to be desirable and the price will go up. If one can buy in at close to a dollar and hang on for what could be several years there are serious gains to be had. Aren't the projections that the company will be worth a lot of money in a couple years? I realize that's the market in general, and I'm generally adverse to large amounts of risk but **** if this isn't making my eyes bulge.
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All I can say is I've been reading a bit and trying to learn what I can.... I'm open for advice from anyone that has any.... When Ruiz got his approval , like many, I thought ok here we go.. everything is good... I really never took into account on how complicated this really is... So when it dropped the way it has I raised eyebrows like many others have... I mean let's be real it really dropped a lot...
If this is par for the course then Ok let's see how it plays out.... For me personally I just wanna make a good decision if I go in.... but everything has chance attached to it... I just have to stay within my means and I'll be ok...
 
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MovingZen said:
I so badly want to buy a butt ton of mspr stock and hope it gets back to it's original value.. but I'm a ***** and will probably just sit on my hands and watch others make that money. @Cryptical Envelopment where we at on this? Jump on it below a dollar or nah?
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This is a highly speculative play and its quite possible that you will lose every dollar you invest. No one really knows when/if the rev will come. It's a trust game right now. It's a Cane Casino play. Akin to a low stakes lottery ticket. Don't put a dollar into this that you aren't comfortable losing. Invest whatever you are willing to "spend" to enjoy following it, just like stepping up to a dice game.

I started a position at $1.04 yesterday. I expect it to go under $1, maybe a lot lower, and will add more. Only reason I didn't wait longer is to protect against a short squeeze, and I started with less than what I budget for a night playing the Wynn tables. I am also betting they won't let it sit under $1 indefinitely because then it will get delisted from NASDAQ and end up OTC and that's a bad look.

Honestly if I was Ruiz I would be buying up the minuscule float, then I'd take it private to shut people up and sit tight until they show revenue. They I'd do an IPO and sell the shares I bought at $1 for $10.
 
Warrior808 said:
If it drops below a dollar I would say thats probably NOT the time to invest unless you really want to gamble. You need to maintain a share price of at least $1.00 as one of the requirements to remain listed on NASDAQ. If the stock stays below that amount for I believe 30 days they can start the process of delisting it which is obviously a very bad thing as it would then have to trade on OTC and wipe out institutional investors.

If you believe in the stock and are looking for a bottom this is probably it. Cant get much lower without the bottom really falling out. Its basically sitting at a tipping point of extremely high risk/high reward
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Six months, actually. And even then you can often get a waiver to stall it. They have time to let it settle before they start to support it.
 
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Atom Atlas said:
All I can say is I've been reading a bit and trying to learn what I can.... I'm open for advice from anyone that has any.... When Ruiz got his approval , like many, I thought ok here we go.. everything is good... I really never took into account on how complicated this really is... So when it dropped the way it has I raised eyebrows like many others have... I mean let's be real it really dropped a lot...
If this is par for the course then Ok let's see how it plays out.... For me personally I just wanna make a good decision if I go in.... but everything has chance attached to it... I just have to stay within my means and I'll be ok...
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Tiny, easily manipulated float that is getting dominated by the shorts in a horrible macro environment where there is no appetite to speculate on pre-rev companies.

If you were interested in this company before the SPAC, did your DD and wanted to buy, well good news, nothing has changed operationally and the share price is a gift. The key word being "IF" - I am not shilling this thing.
 
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Cryptical Envelopment said:
This is a highly speculative play and its quite possible that you will lose every dollar you invest. No one really knows when/if the rev will come. It's a trust game right now. It's a Cane Casino play. Akin to a low stakes lottery ticket. Don't put a dollar into this that you aren't comfortable losing. Invest whatever you are willing to "spend" to enjoy following it, just like stepping up to a dice game.

I started a position at $1.04 yesterday. I expect it to go under $1, maybe a lot lower, and will add more. Only reason I didn't wait longer is to protect against a short squeeze, and I started with less than what I budget for a night playing the Wynn tables. I am also betting they won't let it sit under $1 indefinitely because then it will get delisted from NASDAQ and end up OTC and that's a bad look.

Honestly if I was Ruiz I would be buying up the minuscule float, then I'd take it private to shut people up and sit tight until they show revenue. They I'd do an IPO and sell the shares I bought at $1 for $10.
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So you're saying sell the house, pimp out the wife, dog, and cat.. and put all my money in mspr?


dl5sh.jpg


Seriously tho, you think it'll sit this low until they start showing a profit? If Ruiz takes the listing private, what happens to the shares you own? I'm a funds guy who doesn't know **** about buying and selling actual stocks. Ruiz and mspr have my eyes bulging tho. Should we take this to your thread in the OT board.. that I occasionally read but don't understand?
 
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This is not a stock for the average retail investor.

If you have to ask questions on this message board to be convinced whether you should buy it or not, honestly, you shouldn’t even be in the market for it.

As @Cryptical Envelopment says, only put in money that you’re willing to lose 100% of. It’s strictly a speculative play right now, and I’m a Ruiz supporter, I also know his NIL money isn’t coming from this. It would be better if he succeeds of course, and the potential is definitely there, but it’s not a play if you don’t have a strong stomach.
 
I don’t know anything about Ruiz or his company or this lawsuit ****. My ongoing feeling is that the Ruiz situation is a loose end. It sucks to depend on him as a third party to shell out tons of money for players and our coach and hope and pray he continues to want to do that. He’s a little bit of an egomaniac that seems to want to flaunt his power but can’t blame him if that’s what he’s getting out of it for his money. The whole thing feels a little unstable. Feel like we’re one argument at some wealthy Cuban cigar party away from the funding falling apart on our whole operation.

This is the new reality. I think most programs find themselves in some version of the same footing. We don’t really have a choice but to see where it goes, but the whole thing feels a little like Scarface’s sandcastle to me. Maybe it’s just the 20 years of futility making me cynical. Ruiz gives me SuperNevin vibes.
 
HurricaneKush said:
I don’t know anything about Ruiz or his company or this lawsuit ****. My ongoing feeling is that the Ruiz situation is a loose end. It sucks to depend on him as a third party to shell out tons of money for players and our coach and hope and pray he continues to want to do that. He’s a little bit of an egomaniac that seems to want to flaunt his power but can’t blame him if that’s what he’s getting out of it for his money. The whole thing feels a little unstable. Feel like we’re one argument at some wealthy Cuban cigar party away from the funding falling apart on our whole operation.

This is the new reality. I think most programs find themselves in some version of the same footing. We don’t really have a choice but to see where it goes, but the whole thing feels a little like Scarface’s sandcastle to me. Maybe it’s just the 20 years of futility making me cynical. Ruiz gives me SuperNevin vibes.
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And I get superdoofus vibes from this porst. This one company may or may not be successful long term, but if you think he’s anything like Nevin, you haven’t been paying attention.

That’s the kind of dumb shlt our rivals say.
 
JD08 said:
So a bunch of scumbag lawyers are going to try to fleece people mesothelioma-style with a class action lawsuit and On3 decides it's worth an article claiming they're under investigation as if some law enforcement entity was doing it. This tells you two things.

1. Ruiz' NIL deals have been very effective.
2. Other teams are scared because they know they can't compete.

This will get interesting. h/t @Cryptical Envelopment
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Asbestosis style. Meso is worth real bucks. Signed, former insurance defense lawyer. 🙂
 
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OriginalCanesCanesCanes said:
This is not a stock for the average retail investor.

If you have to ask questions on this message board to be convinced whether you should buy it or not, honestly, you shouldn’t even be in the market for it.

As @Cryptical Envelopment says, only put in money that you’re willing to lose 100% of. It’s strictly a speculative play right now, and I’m a Ruiz supporter, I also know his NIL money isn’t coming from this. It would be better if he succeeds of course, and the potential is definitely there, but it’s not a play if you don’t have a strong stomach.
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I hear you and I'm only within a couple hours of even thinking about it. I'm just looking for others thoughts and joking around even though I'm learning **** I didn't know. I do research just to buy a coffee pot. @Cryptical Envelopment saying do your DD and only spend what you're willing to lose was loud and clear. lol I didn't mean to give the impression I'm a complete knucklehead even if it came across that way. I wouldn't even consider myself the average retail investor. I buy funds because they're managed by someone else. I had to look up what float meant. I do appreciate the lookout though.
 
100 this is a speculative stock. Anything pre revenue is. With that being said, and keeping the original subject of this thread, I would never make an investment decision based on these stupid lawsuits. Every single stock gets these loser lawyers chasing a ****ed off investor because they can't succeed at anything else in their law career.

Half the time, the phone numbers and email addresses of these clowns don't work.
 
MovingZen said:
I hear you and I'm only within a couple hours of even thinking about it. I'm just looking for others thoughts and joking around even though I'm learning **** I didn't know. I do research just to buy a coffee pot. @Cryptical Envelopment saying do your DD and only spend what you're willing to lose was loud and clear. lol I didn't mean to give the impression I'm a complete knucklehead even if it came across that way. I wouldn't even consider myself the average retail investor. I buy funds because they're managed by someone else. I had to look up what float meant. I do appreciate the lookout though.
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Nothing wrong with mutual funds.
 
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Cryptical Envelopment said:
This is a highly speculative play and its quite possible that you will lose every dollar you invest. No one really knows when/if the rev will come. It's a trust game right now. It's a Cane Casino play. Akin to a low stakes lottery ticket. Don't put a dollar into this that you aren't comfortable losing. Invest whatever you are willing to "spend" to enjoy following it, just like stepping up to a dice game.

I started a position at $1.04 yesterday. I expect it to go under $1, maybe a lot lower, and will add more. Only reason I didn't wait longer is to protect against a short squeeze, and I started with less than what I budget for a night playing the Wynn tables. I am also betting they won't let it sit under $1 indefinitely because then it will get delisted from NASDAQ and end up OTC and that's a bad look.

Honestly if I was Ruiz I would be buying up the minuscule float, then I'd take it private to shut people up and sit tight until they show revenue. They I'd do an IPO and sell the shares I bought at $1 for $10.
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I agree with everything you said and have done... with one tiny exception:

taking it private does nothing for him.

on the other hand, him buying a ****ton of stock (support) at $1 or so is a no brainer if he's confident in the future success of his company. And that would enable him to stabilize the market and make a ton when (if) the stock bounces back up.
 
Cryptical Envelopment said:
Tiny, easily manipulated float that is getting dominated by the shorts in a horrible macro environment where there is no appetite to speculate on pre-rev companies.

If you were interested in this company before the SPAC, did your DD and wanted to buy, well good news, nothing has changed operationally and the share price is a gift. The key word being "IF" - I am not shilling this thing.
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One more thing... Ruizs market based net worth is largely taken by multiplying the stock price times x 100. So, his market based net worth is down by about 90% (just because the stock price is down 90%). So... he has a HUGE incentive to buy all the stock the shorts try to sell him--- and, just for fun, demand delivery of the stock certificates from those short sellers. ;-)








Naked shorting: The curious incident of the shares that didn't exist

Shareholders and executives in some of the US's smallest listed companies believe their share prices have been forced down by illegal naked shorting. This has led to a number of lawsuits, claiming unscrupulous behaviour by brokers and market-makers exploiting loopholes in the central clearing…
www.euromoney.com www.euromoney.com
 
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Cane Tankerous said:
I agree with everything you said and have done... with one tiny exception:

taking it private does nothing for him.

on the other hand, him buying a ****ton of stock (support) at $1 or so is a no brainer if he's confident in the future success of his company. And that would enable him to stabilize the market and make a ton when (if) the stock bounces back up.
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Oh, but if he takes it private he can do whatever he wants almost entirely outside of SEC scrutiny and all this share price FUD. He would also make money on it when it conceivably goes up. He could also avoid the NEXT, and maybe inevitable short attack.

Canedog said:
MSPR has rallied strongly today, up 5%. Now is at $1.07 per share.
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I bought more today at .96 🤷🏼‍♂️
 
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