PODC

bridgford

PODC news, might be nothing

er453d

Yes. Check out followers on Stocktwits. Both LVO and PODC are solid investments. Highly recommend on long term. PODC first of its kind and majority owned by LVO.

Burholio

Didn’t take DG and PODC puts. I honestly don’t know why (other than being poor) I was hesitant but I beat myself up for missing out. Sometimes it is hard being scared.

AlgoBoffer

Well said. PODC shorts who are not sitting with their finger on the trigger to box their position at these levels are begging for punishment. A 1.3m public float stock with a buyback authorization in place that could take down a huge chunk of that float, a stock that is only starting to be discovered by retail investors and all of this while bands of traders are scouring the databases looking for the next tiny float big mover to pile into. PODC wasn't in those databases last month. They will be in November.

AlgoBoffer

While not irrelevant, this legal boilerplate can be found in most microcap stock filings. Gamestop's filing right before the stock went from $3 to $450 had the exact same terminology but the numbers looked much worse. AMC too. I sense from the info you are posting that maybe you are short PODC? If so, welcome aboard! Please bring as many other shorts to PODC as you can. The info you are sharing here is absolutely relevant and there is a short case to be made here. Maybe you can lead the charge.

AlgoBoffer

I think some of those videos were part of what drove PODC’s stock price so low back in September, as it seems people thought PODC was the “scam” company mentioned in that video that owed Theo and other podcasters $4m. Kast Media was that company. PODC acquired many of Kast’s former clients contracts. That video gives facts but puts an interesting spin on the acquisitions and that makes for good entertainment, but the reality is PODC doesn’t step in and none of those guys get paid anything. Kast was broke and borrowing from Peter to pay Paul. PODC is a Nasdaq listed company with a $65m market cap (and climbing) that pays its employees and creators when due, no surprises like the Kast type of companies. Given the circumstances, I don’t blame Theo or any of those guys for being skeptical. And PODC could go under too one day if Podcasting ceases to be a thing. But the podcasting space appears to be growing, PODC currently has zero debt, they have ad contracts with many huge S&P 500 sized advertisers, a rapidly expanding show lineup and a rising stock price that appears poised to breakout higher this month as investors start to discover they can invest in the only publicly traded pure play podcasting company, PODC.

AlgoBoffer

The warrants were cancelled as part of the restructuring that converted all of the loans to debt on 9/27. The 1.3m public float was stated by the CEO at an investment conference a few weeks ago. Here is how that breaks down - PODC was a spin-out from LiveOne (NASDAQ: LVO), who retained 82% of the shares. Multiple podcast show acquisitions have occurred over the last 6 months that were paid for at least partially and sometimes fully in stock that is restricted, that account for another 9-10% or so of the shares outstanding. About 2% are shares of LVO insiders who received the .048 PODC per LVO share. The remaining 6% is what is the public float. No shares were sold when PODC was listed on NASDAQ in September, it was a direct listing. Parent company LVO has had a big naked short interest for years, part of the reason why PODC was done as a direct listing in the way that it was, as it required all those shorts to either buy .048 shares of PODC on the open market to satisfy the .048 PODC per LVO share dividend, or be naked short PODC in that amount per share. Many clearly did the latter. Don't be fooled by the REPORTED short interest. Would Interactive Brokers charge 780% CTB for a stock with such a tiny short interest?

Frenchyyyy4166

https://dilutiontracker.com/app/search/PODC?a=7d7f39 https://fintel.io/ss/us/podc 1.2% SI. Warrants available to dump at $3 whenever they please. 100K shares available to borrow daily.

AlgoBoffer

You don't think the buyback will have an impact? With only 1.3m in the float, I think any additional buying pressure will have an impact. And if the shares are actually being taken out of the float completely as they would if part of the buyback, it could have an even bigger impact. Right now PODC is still an unknown, but when more investors discover the PODC story I think that tiny float could cause the stock to move much higher in a very short time frame.

AlgoBoffer

I get that. But I think GME is one of the best examples of what could happen here. I realize a move from $3 to $450 is a bit of an outlier, but I don't think anyone who buys and holds a few PODC shares in the $3s is going to be complaining or suspicious a few weeks from now. PODC has all moving parts necessary for a good short squeeze and that 1.3m public float is increasingly being bought up by some diamond handed players who are going to make some bank and have a really cool story to tell at the office Christmas party this year.

AlgoBoffer

Just getting started. How many $3 stock short squeezes eventually make it to $10, $50, $450? Not many, but when they do they look like this one. CTB has been between 370% and 790% all this week and that is one of the most telling signs. GME, AMC and others blew up when their CTB got into the low 300%s. And they had much larger float, PODC is only 1.3m public float. The float is wound so tight it is has moved up gradually a little each day despite the market getting slammed hard. PODC should be a double digit stock without the short squeeze, but I think the shorts are going to help us get there much sooner.

o3Zany

Shorting PODC to zero for Theo Von

Just1moreplss

Short Podcast one PODC!