Jacksonville Bancorp, Inc. Message Board
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It was trading at above $10.00 at that time. But their misfortune is our good fortune as you can now accumulate at below $.50 which I have done with the dips. They have reversed their situation and from here on we shall see nice price appreciation.
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How can 'big money' miss something so badly as this? According to secform4dotcom, Cap Gen plunked down $24,157,296 for 2,684,144 shares on Nov 16, 2010. Currently trading at $0.45, those shares are worth just $1,207,865 . . . a loss of about 95% on the purchase. I can't help but wonder who was doing the due-diligence for them on this transaction?
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I meant reversal in their losses. The effect of dilution is obvious.
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How are they going to minimize the dilution from the 105 million shares outstanding, and how does dilution imply a reversal ? Thanks for your insight.
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That was in their Q1 report due to dilution. The report was bad but it also implies a reversal.
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On Yahoo: "Book value and tangible book value per common share as of March 31, 2013 were $0.32 and $0.30, respectively."
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I just added some shares at .54. I hope it goes down further as I am accumulating.
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Dilution.
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Answering all posts 3,5 months later ? WOW.....u are for sure a POS
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Yes I want to buy more. I see no material event causing the drop. If you know of any please state it.
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You don't understand the reason for the decline but you want to buy more?
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You wouldn't be surprised at what? That it would go down to $0.55? lol
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I bought 10,000 shares at $0.55 and would like to add more shares with the dips. Can anyone tell me the specific reason for the recent rapid and substantial decline in the price. I could not find any information that would justify it. Thanks.
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Looks like the bottom was in
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Looks like it did at $0.55
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hahaha...........................
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Did this stock hit the bottom yet?
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Looks like "bagholders are butchered" here. JaxB 68 cents and dropping.
by jabberwocky75 •Apr 18, 2013 10:58 AMYeah right. 55 cents and dropping more.....
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Didn't the stock go from $0.80 to $3?
don't forget to Congratulate those longs who made money -
Dilution
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