Bob, You forgot to mention to the newbees a quarterly loss sure to come. Another bleed on shareholders equity. ha.
Hey bob, i forgot about you. You´re in. My bad.
I have ZERO stake on Dara now. I lost some and i gained some today. Older lots were a loss. Newer lots were a gain. Will now daytrade it like the knowledgeable gang. aka Dman, cspacy, fathd, hedergoat, and the new turncoat helio. I´m the new turncoat. Please welcome me. ty.
Here is my 2 cents. Merger or Acquisition, whatever. Trading at this market pps because 1) u.k. company is very obscure. I never heard of them. 2) the reason I never ever heard of them is because it is on the other side of the pond. 3) u.k. company doesn´t allow access to see their current financial, so we invest blind? 4) u.k. company doen´t seem to be a profit maker, at least no info on that due to obscurity. 5) Dara will still bleed stockholders equity. This means hold this stock while you bleed on Dara´s book value. BV has been going down every QoQ. 6) u.k. company has a very tiny float. So if we convert our 19m shares divided by .272, our float will be small? Not a good proposition to be, i could be wrong about this float issue. 7) you don´t get paid until the 3th or 4th quarter. Thats a long way out to me. My perception is the u.k. company is a pile of rubbish. Thats it. I sold everything today as a non day trader. I might still trade it as a day trader though like the rest of the knowledgeable gang. gltu.
On Balance Volume = volume precedes price.
When volume is up on the positive side, means more buyers than sellers.
When volume is down on the negative side, means more sellers than buyers.
Read his book, the late Joe Granville. Free read from the library.
pbyi breast cancer drug gets the rough treatment. FDA may ask for more data. This means Soltamax will continue selling. Could be pbyi investors looking to bank on dará as an alternative home. pbyi is a high flyer, and we a low ball so just imagine 1 share of pbyi can buy how many shares of dará? Just a thought. Mutual funds invested on pbyi brest cancer now needs to find another home to park their dough. I think some will get diverted here. pbyi has no products, no revenue, at least we have a brest cancer product to sell and don´t ask for a crazy 17x book value. I will not touch pbyi even with a 10 ft pole. Could be why we were up today. I think i may have to raise my pps on my inventory. duh.
I found that very funny. hehehe.
It helps my boring day without trades to read funny msgs here. Thanks for the laugh. If there´s any funny business going on tomorrow on the upside, i´m going to raise my pps on my inventory. hehehe.
4) which i forgot to mention. This is the 3rd day it has stayed above 50dma. The more days it can stay above 50, the stronger the confirmation becomes. Also anything above 50dma and 200dma is considered bullish.
Whatever! But there is one indisputable fact and that is buyers outnumber sellers for now. 1) You can see this fact on the obv indicator. For how long this will continue since the 26th, that i noticed, is unknown. My thinking is the short term day traders are selling out to the longer term non day traders who are willing to stick their neck out of the woods for a few months. 2) Another clue to more buyers than sellers during the last few days is you can see the pps albeit slowly moving up. This action can be seen when you look at the probes ( shadow on the candlestick ) patten, they are going further out each time bypassing the previous shadow. 3) As i said before, dara scraped the bottom when it was at .675 when the it entered uncharted territory on the bottom of my model. Usually when a name hits uncharted territory, after a few days it will revert to the mean and will react to further news. Looks like we all may have to raise our selling pps on our inventory, because there is demand although not making a pbyi. Or you will be taken out on your limit when it hits.
The unrelated business you mentioned is Tupperware. Same business model. There is good synergy here. All the Avon reps i know are women. All the Tupperware reps i know are women. All the Natura reps i know are women. The reps represents both brands, some include all 3 brands - Natura. Natura is a dual model system. You can buy it in the shop or you can buy it from a home based rep in Brazil. Revlon could be interested too as well as others. Coty could come back. Maybeline could be interested. The synergy can save on distribution cost if they work it out.
There is another very good fit none of you guys thought about. In fact this company that i´m about to mention is Tupperware. Why Tupperware? Tupperware has the exact same model using non employees, and does not use a store model. Both Avon and Tupperware have large representation in South América and especially Brazil. In Brazil, the product representives who sell Avon products also sell Tupperware products. So the reps are representing both brands but both Avon and Tupperware have no partnerships YET. Avon reps in Brazil also sell Natura, a branded perfurme / fragrance which is very popular in Brazil. Some people sell all 3 brands. It is a way they earn a living if they dont have a job. They sell to extended families and friends. They pass the Avon and Tupperware brochures around. People look and on the spot places an order. Do they get rich doing this? No. But it helps economically. In Brazil, extended Family, relatives, friends will buy from reps that they aready know that is selling the products. It Works in Brazil and proby Works in other 3rd world countries. Tupperware i also believe is a Strong company, has been around a long time. Tupperware should do a partnership or buyout Avon. Natura could also. They are all a natural fit.
yellen will be yelling @ 1 pm. She will say no interest rates hike in june. hehe. Dara may fly. maybe. Also i bought in Gol another stock that meets my model of rock bottom. hehe.
hélio, you right in a sort of way in your thinking. What i really meant is dará has met a temporary low for now. Which means to me until BEFORE Nov 18th, which is the deadline to bring the pps into compliance. The operative word BEFORE meaning if things dont improve in any sort of way ( various ways ) for the good of the company, dará could see a new low. But that is further out in a time line. You see i never use the word, a PERMANENT high pleatue or PERMANENT rock bottom. The economista KEYES? said the stock Market had reached a permanente high plateau. He should not have used the word permanente, everything is just temporary, for stock prices went to new highs after the depression. Everytime stocks or indexes go out into extremene territory, it will go the opposite way. There is nothing permanente, everything is temp. So i meant a temp low for dará, mgmt has to do something that investors / traders need to see to right the ship or it will hit a new low. But i feel a new low below .675 will be difficult if not impossible. Most of the pressing negative issues are behind us, like the delisting on may 18th. I dont see any other pressing negative issues until the next deadline nov 18th. Proby pps walk up from here and then investors / traders will either get spooked or excited when november comes around.
if there is to be a r/s. Your broker will send a message to your email or on your trading account informing you of a vote on the r/s. There is no communication from dará press release yet on r/s, and i have not received a message from my broker. So thats how you know if a r/s is over the horizon. Until then no r/s yet.
There is no r/s before the talk of the ratio of r/s. You jumping the gun. The normal way a r/s happens is when your broker receives a letter from dará to start the voting process. You vote yes or no. The fast Money bought @ .68-.69 and sold 2-3 days later for .74 Did i do it?No. Did i notice it @ .68? Yes, yes , yes!!! Did i feel it was rock bottom @ that very moment? Yes. So why did i not buy? Its a secret.
The $30 million shelf offering is to have a prepared buffer zone in case they run or believe they will run out cash before 1Q 2016. They are thinking ahead and just being prepared. It is a way to sell more stock and dilute current shareholders. By middle of 4Q, they will have a better idea of what to do based on how they see product sales and their operational expenses. If they can get a handle on the revenue and expense, they may not need a raise, if see little hope of increasing revenue and reducing expense, then they will dilute.
So, the $30m is on a priority 1) in case of need to dilute 2) a lesser possibility is to buy another compund although ( they have mentioned that in past ) i´m skeptical. 3) if krn5500 gets a nod from fda on guidance, pps will pop, they may take the opportunity to sell the shares at a higher price.
In other words they will sell the new shares when everybody is clamboring to get onboard. This is my belief. They are just trying to get prepared whichever way it goes.
Somebody asked ``is this the low?´´ According to my investment style and model. No, this is not the low, because we already got there. gotcha. .675 was rock bottom just as the $spx and $indu has reached a high pleateau. if you wil notice, it bounces off .675 twice. The reason it got to .675 is because all the scary cats freaked out thinking delisting on May 18 was the end of the world for dará, so they wanted out because they thought ( novice ) it would not trade on 18, 19 etc and it made a disappearing act. That is why all the dumping occured prior 2-3 days before the 18th causing the freefall. Now that pepole see it still trading and didnt disappear from the face of the Earth, they feel a little better, those who sold probably rebought, plus new cash who noticed the stock on a 52 week low list. People reappered again all for diferente reasons to fit their own personal investment style. So good bye, the low came and if you didnt buy @ .68, just pay up.