Polished Inc (CE) (POLCQ) News

Effective March 11.2024 POLC will change to POLCQ, bankruptcy:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Reminds me of how lowly OTCBB stocks would say they were "listed" on the "Nasdaq-OTCBB" because, as I recall, the OTCBB used the Nasdaq computer system.

Interesting. The highly respected NYSE isn't nearly the same thing as the rather crappy NYSE American. The later was known as the American Stock Exchange many years ago. It is very confusing and a lot of scammy stocks intentionally muddle the two.

https://www.nyse.com/markets/nyse-american

Also
https://en.wikipedia.org/wiki/NYSE_American

I write exactly what FINRA posts, not what I-HUB displays: Market Center Change Delisted from NYSE

https://otce.finra.org/otce/dailyList?viewType=Additions

No Renee. 'Delisted from the NYSE to the OTC:". Delisted from the NYSE-American

POL changed to POLC. Delisted from the NYSE to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions

Read the comments when buyers learn the company is heading to BK. Their reviews were never good but much worse lately. Read them yourself. They're dated.

That link is mostly old pandemic era complaints...

Reviews. Great fun to read if you haven't done business with them. .

https://www.reddit.com/r/Appliances/comments/lgcm1l/okay_seriously_now_is_appliancesconnectioncom_any/

Wouldn't be surprised this sees some serious law enforcement intervention. Also I never touch anything on the so-called "NYSE-American." All of my stocks are NYSE or top tier Nasdaq

"Ask Mr Goedeker. Looks like he got about zilch for his appliance company, but that's roughly what it was worth."

Transparent junk. My quote is from months ago. Stuff I knew two or three years ago.

Yup, you nailed it!

Of course. Crap from Day One.

Polished.com Suspends Operations and Announces Intention to File for Chapter 7 Bankruptcy Protection
February 29 2024 - 04:03PM

Polished.com Inc. (the “Company” or “Polished”) (NYSE American: POL) has suspended its operations. These steps followed a comprehensive review by the Company’s Board of Directors of available strategic alternatives, and upon consultation with the members of the Company’s management, with the assistance of the Company's legal and financial advisors. The Company anticipates filing a case under the provisions of Chapter 7 of the Bankruptcy Code as soon as practicable.

As recently disclosed, following the Notice of Acceleration from its lenders earlier this month, the Company was working to reach a resolution with its lenders and exploring multiple paths to obtain additional financing to sustain operations. Despite working aggressively to raise capital and improve its liquidity position, the Company was unable to obtain additional financing.


View source version on businesswire.com: https://www.businesswire.com/news/home/20240229885336/en/

Investor Relations
ir@polished.com

There have to have been criminal actions here... no one could be that incompetent!

💩

think POL is going to make a move any time soon?

$POL like this one as $NEXI symp play
317% CTB & only 70k short shares available
Warrants at $12 Meeting of Stockholders today to cure non-compliance. 2M float with 346 months of cash

had news today as wellhttps://t.co/E7sFChGYWL— STOCKS Gambino (@StocksGambino) January 30, 2024

*BOOM*

💣️

Ask Mr Goedeker. Looks like he got about zilch for his appliance company, but that's roughly what it was worth.

Sure looks like it!

The old insiders were the scum of the Earth.

Amusing... they are now short squeezing all those that jumped on it short!

I wonder who is behind this?

4.25 congrat$

my $10 SHORTS are looking spectacula

my $10 SHORTS are looking spectacular

The company issued a statement about having no clue
That is par for the course
The chart reflects a 1 for 50 in October that reduced the float from 100 million to 2 million
My assumption is company officials and insiders who invested in this money losing business prior to going public have been steadily dumping shares to hapless retail and equally dumb hedge fund idiots who never bothered to thoroughly vet this charade

Could go either way. Tpst held up for example at about a 3rd of its peak after running for 2 days... this might run to 7-10 ++ pre market and crash by 10am or it may rip hard at open and run 15+... To me it's a pump and dump so I think it'll rip between 4am and 7am then tank....

I was itching to load the warrants, they tanked from .0079 to .0020 by eod. Ima keep my eyes on those... if this continues to rip then the warrants can break .01 easy peasy but they are on otc so 930am. Plenty of time to decide

Yes. I will cover under $2 tomorrow

Tomorrow should be interesting

Tomorrow should be interesting

Ooh okay, so if they didn't close positions, they're screwed. As it may be going back up to 10 as it appears Thank you for sharing that info my friend. Hope you made some bank today. I'm just a spectator on this one

Options trading hours. In the U.S., the regular trading session for buying and selling stocks, options, and other securities begins at 9:30 a.m. ET and ends at 4 p.m. ET from Monday to Friday.

Are people able to cover short calls in AH?

POL: Hey, THANKS, T-F-CD too, as I now recall reading YOUR post too about this freak show run-up.

PROFITABLE CALL $10 TO $5'S

Nice. I guess shorts are minting thousands now lol 😆

Is it still?

Lol looks like anyone shorting either covered or is about ready to cry.... no signs of weakness yet.... I think shorting is just as dirty a practice as pumping if not worse... it's as if one targets the other back and forth lol... I can't believe this ticket rocketed from 1s to 10s... this was fantastic.... and it held stronger than the warrants which made a similar move to .0080 before dumping back to a 160% gain

I'm going on a 20-minute break. I will find you somewhere if not here LOL

My two trades today CGC & POL. Just a very unique day. WOW!

My two trades today CGC & POL. Just a very unique day. WOW!

She put the oxygen mask on me.:)

$POL: When I saw the investordeck in August 2022

WOooooooooooooooooooooooooooooooooooooooooooooooo

It was $10 share


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169572065


GO $POL

my SHORT is working out well

Glad I got in POL early! SST is next!!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170227168

Come to rdhl. 11m float. Just saying

you hope...

SHORTED at $10

now watch the DUMP

(2) shares !!! did you see the filing that started this mess today has 2 shares??

huh

https://finance.yahoo.com/sec-filing/POL/0001213900-23-095755_1810140

https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&ref=317934399&type=PDF&symbol=POL&cdn=a89869faeb0833866555887c8f830ae6&companyName=Polished+Inc.&formType=PX14A6G&formDescription=Notice+of+exempt+solicitation+submitted+by+non-management&dateFiled=2023-12-19

Jerald Hammann
what is this guy up to?
https://www.sec.gov/edgar/browse/?CIK=0001816079

https://www.google.com/search?q=Jerald+Hammann+&sca_esv=21aee7d584c0ee5c&sxsrf=AM9HkKnAdy8bG23yp8aSpgfGcL3FdzXIIA%3A1703098768174&ei=kDmDZbafCtWXwbkPqbW8qAg&ved=0ahUKEwi2p-Co2Z6DAxXVSzABHakaD4UQ4dUDCBA&uact=5&oq=Jerald+Hammann+&gs_lp=Egxnd3Mtd2l6LXNlcnAiD0plcmFsZCBIYW1tYW5uIDIEECMYJzIGEAAYFhgeSIgeUKsGWNsPcAF4AJABAJgBrgGgAYMIqgEDMC44uAEDyAEA-AEB4gMEGAEgQYgGAQ&sclient=gws-wiz-serp

Anytime bro! :)