jb - one thing you have to understand about greg is he is never wrong. If you disagree with him YOU ARE A LIAR!. If he is wrong he is right - it's just the way he is. His ego far surpasses his investment skills.
they ran out of medications for the creature. I think he was adopted from the local zoo. He gets loose now and then.
earnings are not sufficient to cover div That's why tax form shows return of
capital. The div. is a "gift" from co, & far in excess of what's required to
maintain reit status. Personally I wish they would save the money for work. cap
or strengthen bal sheet.
Going below $8 and then the run up after the publication of Phase I results as new investors jump in on that news before the shareholder meeting. Then a retrace down after the shareholder meeting. Trade the channel.
At some point the science and revenues makes Ocata a long term investment, but right now it's a trade. Looking to buy in the $6 range.
Yes, and I'm doubling down. My cost average is ~10.00. I can take it to almost 8.00 at ~4% dividend. Ok. This will be back to 10 before you know it. And if it goes to 5, so be it, it's only money, right? I still believe.
Derek, I'm glad you came back in and I do not blame anyone for their investing decisions. I would have taken mine off the table at $11.00 "if" I knew what was coming. Who wouldn't? I don't like seeing my account going down, but I have been too afraid of a "BIG SURPISE" while I'm on the sidelines.......I would probably kill myself then(joking), but that would devastate me.......I have ridden this stock up, down...all over the place. It is what it is. I do believe long term we will do well. The short term is not looking pretty, but long term I am confident. We have all eaten some crow with MNKD. LOL! :-)
GOD read the financials and the balance sheet or go back to school and learn how at your age. Or better yet get out of the market and take a trip to Iran.
Sep - change in nature of ownership? They still own it! Sign over to wife, kids etc. stays with family. Estate planning if you need a direct response. Nobody is going to be selling this, it 's the next EGHT! Ride this undervalued to same valuation of EGHT and you'll have something when earnings start increasing like 8x8 did!
I don't have any news but I almost bought @ 10.20 but hesitated when I saw a drop to 10.16....where is the support?
Do you really think Scottland is going to succeed from the UK? Not gonna happen my friend! I wish it would though. I'd love to see the US dollar equal the pound. :)
The Russian Prosecutor General's Office is the latest Russian state agency that multinational businesses have admitted to bribing, though none have yet faced any legal trouble in Russia so far.
Some people just too damn stupid to understand simple dictums---------get lost perv!!!
Actually, since they only sold 50% working interest in the 200 acres, the price was more like the equivalent of $4,440 per acre. Even so, it is probably the best acreage they have, and it wouldn't surprise me to see them sell off the other 50% if they can't come up with the $4,000,000 needed for their share of the drilling.
It all adds up to dilution coming soon.
Did anyone find out how many acres LEI had in Karnes County before the deal? Because if it was more than 300 acres before the deal, the real cost of the deal is substantially less per acre, since they included a 75% net lease interest in all acreage in Karnes County. Correct me if I am wrong, but isn't that practically equivalent to a 100% working interest?
It seems odd that the press release refers to it as approximately 400 acres when the agreement in the SEC documents only talks about a total of 310 acres, but also has a clause that would apply to any additional acreage leased by LEI. The amount in the press release only talks about $444,000 for 400 acres, even though the agreement looks like it has $444,285 for just 200 acres and an additional amount for 110 additional acres. Talk about ambiguous. Don't you wonder what the deal really is?
Rob can not see a scam there. The whole idea of investing is to max. profits. Moving from one stock and back based on opportunity is common sense.