Not getting Any younger either. However can wait for a year or two for my large reward for Bering patient.
Some of the last buys by insiders was under $5 close to time stock hit its 52 week low of $4.23. IMO, could drop back to the 52 week low without positive news.
The Tongda merger has to take place within 49 days or deal is off. One would have to believe there will Abe an announcement shortly.
Most recent Qtr. Shows positive cashflow of $500 million after borrowings of approx. $2 billion. Makes one wonder how long they continue to borrower before creditors get concerned. Now analyst predicts price could go to $2. Crazy stock. I owned it and sold at $4.75 before run up. Now it's back to that range.
Can you believe it.? Approx 3000 shares traded and down 13 cents. Whole market is a minipulated mess. Retail investor is still getting shafted.
BS, back to its 52 week low. Just don't believe it will stay here very long. Just a crazy market. Look at Valient Phrma lost approx 2/3rds of its value. Nothing makes any sense.
The whole market is a minipulated mess. Just Look at what happened to Vibrant pharma. Been hammer as it lost 2/3rds of its value. Majority of small caps are down a huge amount. Not sure where this will end.
Great advice! Never made a sent on their advice. If they say buy, IMO they probably have a lot of shares they need to move. The whole market seems to be rigged.
May reach 52 week low today. If it does will take a position. This whole market is very scary at the present time. A lot of stocks have been hit hard. Lot of $ lost by some some of the funds. Their Qtr. Will not lot good. JMHO.
This is BS. No reason for MIFI to get hammered this way. All the small caps are being heavily minipulated either by ETF, hedge funds, @ day traders. A goal mess.
Looks as if trades have settled down. Shorts have been neutalized as I put basher on ignore. Great feature. As you don't have to read their rubbish. Appears were staring to move back up.
Wells Fargo believes in company with the $48 million credit facility. Which has no draws against. This will provide Sue with the add. Working capital need to execute plant to make company highly profitable. Has no way to go but up.
Sentiment: Strong Buy
Interesting IPO $22-$24 and book value per share less. Several banks that are trading below book value. Just watching to see how this sorts out.
Very good post! Makes a lot of sense. Sue is no dummy & Wells knows what there doing. This a huge positive for MIFI & the shareholders.
Agree! Management or mismanagement of STV doesn't have a clue in promoting this stock. This bull s. These idiots have cost me!
You forgot to mention another company MIFI. Low priced an has a bright future IMHO.
Sue is a winner . Have total confidence in her making this company very profitable. With no pay and a huge umber of options she has, my money is on her.
Sentiment: Strong Buy