The stock is accurately priced? That it's not a conspiracy that brought the pps down? The company said it themselves, there will be no equity value if they don't get the re-fi. If there's no equity value, why would you expect the market valuation to be higher than a million dollars?
It doesn't matter what their revenues are. It's not down because of Vicis or WAG driving it down. Nobody is accumulating to take it private. They have to pay 40 million dollars in a month. Based on all current information the market is doing what it's supposed to do. Occams Razor people. If they get it, it will rocket back up. We'll find out in +/- 4 weeks.
i do not see anything wrong with what you are saying! That is the bottom line...If they get a new deal on the debt it will rocket back up..End of story! I do not see anything negative or unusual in what you have said. It makes perfect sense..I am praying they get a deal...The rest of these guys on here are a bunch of paranoids who think anyone who says anything they dont like is a spy or has some alterior motive. Dont pay attention to them.
I think we have considered close to everything at this point. It doesn't really matter what brought it to where it is now. And yes, we are aware they owe money next month and that if they don't have it or cannot get their creditors to agree to re-financing the stock will essentially be worth nothing. What is odd is that we aren't at that point yet and the stock is already worth less than a penny per share. That is what is suspicious. The longs here are confident that Arcadia is taking the necessary steps to ramp up revenue (not sell the business) which was stated to be the only likely way to get re-financing. That is why we bought a lot cheap, before the rocket takes off which we believe it will.