I did as well. Hope other participants will add their own thoughts. We all hope the BOD are involved with some important and positive financial developments behind the scenes which will be revealed very soon.
You know how that ends. Feels like Groundhog day...."Phil Conners? I thought that was you....it's Ned, Ned Ryerson. "Needlenose Ned"? "Ned the Head"? C'mon, buddy. Case Western High. I did the whistling belly-button trick at the high school talent show."
This is getting very very very frustrating. 345,000 shares traded today, pps is up a decent amount, and then at 04:00:00 198 SHARES DROPS IT TO .34 ??? 198 SHARES??? As if the previous 345,000 shares increasing it to .36 meant nothing. Is there anyone else we can contact or report this to? This is getting old.
According to a webpage called gurufocus (just google "enterprise value of rgdx" and is the first come out) we are at 22 millions and DARA 10 millions,...so go figure!
And the price of the merger of DARA is 1,2 per share, they have 19 something O/S, so they valued it at 23,700,000 bucks.
....following my foolish thread, because I am bored, it is friday, am drinking spanish rioja and giving some credit to this gurufocus guys, RGDX would be valued in more or less 2,3 what gurufocus says, 22 millions x 2,3 = ~51 minus 12 debt = 39 divided by O/S = 1 buck per share......at this moment I will sign for that deal......maybe Bologna is in gamba again and can make some magic! Have a great weekend folks!
$1. I was thinking the exact same after my quick math. Isn't the debt already factored into the formula? I honestly think $1 minimum! Could be 1.50-2.00 if we get lucky
The problem is that he hasn't much room to negotiate a good price, there is no cash left to continue operations. If there is a deal I don't think it is going to be a good one and much more with our pathetic pps at this moment. Other option is dilute to the max 70 million authorized shares and go to OTC markets....i would prefer that than selling this dog for 80 cents
No, they don't sound separate at all....If response had a craigslist ad it would read:
"MUST SELL TODAY" "OBO" "like new"
... ok ... got it ... 1$ per share ... so why is it trading at around 40 cents? ... Mr. Bologna is NOT "in gamba" enough ... I have been waiting for this guy to wake up in the last 28 months ... and 28 months in the investing world is a geologic ERA ... still hoping this will be back to let me break even ... also because meanwhile the US$ is stronger ... when I bought it was 1 Euro = 1$45 ...
Yeah mee too, thanks God when I bought my two lots the euro was like 1,38 $ and the other time was like 1,25
Maybe we get a 75 cent buyout or is there a major surprise in the works
Who knows the shadow knows LOL
Sentiment: Strong Buy
Wow ... great ! Two "crazy" latin europeans both buying Response ... lucky man living in Cadiz ... close to the sea AND to Jerez ... I have a great passion for racing cars and F.1 !! Have a nice day from "hot" Milan ... will you be coming for the Expo?