Looks good. Debt removed. Death spiral removed. Raised a small amount of money. Not sure the money raised keeps the listing but would assume yes
Hertz allows 1 week rentals for Uber and Lyft drivers. About $25/day. Seems much better than using your own car and insurance. You just pay for gas. Maybe this changes the game a little. Would like to see someone crunch the numbers on this. If you take GG numbers at face value, if you work 1 hr, you pay off your daily rental, not including gas. he said he made $24/hr after Uber cut. Lets just say thats $200/day - $25 rental fee - gas. That would put take home about $18/hr. Better than min wage and you don't kill your car
"The Uber weekly rentals cost $180, which includes auto insurance, unlimited miles, vehicle maintenance and 24/7 roadside assistance."
looks like it will be delisted now. I don't think stock will sell off all that much, maybe a few cents. I think everyone pretty much saw the delist coming. It doesn't help. It hurts their chances at funding as a hedge fund can't churn a pink sheet stock as easily as a nasdaq stock. So where do they get funding to continue operations through year end and pay off the $4.1M + interest August loan? I figure they need at least $2M to get through year end.
At well over $1K each, they sold out fast. If the 25%+ of the Gold Dime being PCGS certified is any indication, many thousands of these will wind up at PCGS. since the coins are so expensive, their grading cost is higher
no one cares. your off topic spamming is tiring.
The stock is being delisted tonight. Maybe you should talk about that.
are you not worried about a higher offer from MDLZ or someone else? I sold 800 shares and kept 200 just in case of a higher price. I certainly would not be short here. The long halt makes me think the buyout rumor has merit.
I have a ton of shares right now. I did come into some cash today as I sold my HSY at a nice gain on buyout rumors from Mondolez. Bill Ackman is a big holder of MDLZ and I don't care for him. So I could buy another 5000 shares but don't need the risk at this point
I expect no news today or tomorrow. With no deal today, nasdaq sends them a delist letter tomorrow. Company has 3 working days to notify. Depending on if tomorrow is day 0 or day 1, then delist probably occurs July 8 or July 11
cool. Looks like Mondelez. Stock even exceeded $115 at a point today which leads me to believe the price is higher than that.
here is a snippet from a thread on a sports card forum hosted by CLCT:
In general, the “brand” of sportscard collecting is maturing. We’ve seen this trend trickle forward over the last five years especially for the top 1% of cards. Clemente RC PSA 8s traded readily in the $8000 range five years ago, then they went to $15,000 three years ago…. then $30,000 last year… and now $100,000 seems to be the new benchmark. How is this possible? A 1000% return on investment in five years?
People then commented that folks would rather own a sports card than a work of art or a tech stock. the liquidity in the card market appears to be as good as the stock market for high end cards
I wanted to do a write up on the card market but I just don't get it. I can understand how a 100 or 200 year old coin can be worth millions if there are only a few in existence but I just don't get cards. The oldest cards are 100 years old and in the 70's and 80's were made by the millions. How can they be worth $2K a few years ago and now worth $40K now? It does seem like their values are exploding but it looks like a bubble is forming. Last qtr 437K cards were certified. The psa home page said 480K were certified and I guessed 450K based on timing. The psa home page says 498K so far this quarter. coins are at 729K so far this quarter
now you are making sense. This should not be a public company. Take it private and do your green solution experiments on your own dime, not on the backs of shareholders
Volume today is probably more short covering. Even shorts don't want in on delisted companies due to lack of liquidity
really? A near BK, near delisted, penny stock with unproven technology is going to help VW climb out from their huge scandal? Think that will inspire confidence in VW?
How do you sleep at night and look yourself in the mirror pumping out all this junk?
the committed fraud. The only thing VW cares about is putting out a proven solution no matter what the cost. The last thing they should do is go with some unproven tech from CDTI. VW would risk BK if it did not work. The hucksters sure are working OT here. Poor little billy is getting reamed. Just what he deserves. Same with spanspur. Two fraudsters and P&D artists