Why do they STILL have a going concern clause ?
Why do they continue to lose money ?
Why do they continue to spend hundreds of thousands on paid touts ?
Why don't they tout Odor No More anymore ?
Not sure. Its rare that 13d holders chase a stock higher though.
I had a sell order in at $3.49 and the stock traded just under that. My position is small though so its not like my order was holding it back. I have since raised my limit order.
I own it from 10/5/11 at $1.09.
I think I followed Lloyd Miller in here. Don't have a good understanding of the company though.
Yes, it was announced on/around may 2nd. So its an increase but one that everyone, except MT was aware of. And MT is just a BS news aggregator anyway.
artificial ? Whose to say they don't plan on buying 15% or even making an offer for the entire company ?
They aren't going to get all those board seats for sure. Maybe one or two.
Would seem the dividend seekers might find their way to DSWL.
I own LOAN and its yield has decreased a lot as the price has increased.
In this case though, its not earnings, just a return of capital.
14 consecutive years of misleading press releases in my opinion.
Its tough to prove though because many of their past lies are nowhere to be found because they were never in 8ks to begin with.
But I know the truth.
And If anyone would look at the sec filings, the 14 years of failure is there for anyone to see.
I cant recall a single CEO as incompetent as Calvert who has retained his job with such a track record.
And don't even get me started on Imprisoned felon Mark Roy Anderson.
To say Dennis & Joey didn't know he was a criminal is incredulous.
He made 1.5% in 2 years for an ill advised "revenge" trade that made him look incredibly petty.
Time for the grown ups to stop him from making foolish decisions. Never mind, our board of directors sleeps thru the board meetings because its tough to stay awake at 70.
Goodwill isn't cash. Its a sunk expense. Now, if in the future, the value of the acquired assets declines materially, they can take a lump sum writedown which in theory could give a partial tax break. As shareholders, we had better hope they don't take a goodwill writedown anytime soon because it will just mean they really screwed up and overpaid for whatever they bought. And with as big as this last deal was, that could cause the stock to really tank.
The goodwill write down test is very detailed and you cant just write it off because you feel like it. Only if the assets prove to be impaired with the detailed test.