I agree that these two price points are the current major resistance points. the 1.10 to 1.50 are the first goal, I expect most of those will be speculative holders, trading will be choppy based on results....break that barrier and ....Very hard to gauge how many held for more than 2 years..... but if they did they will be hungry for higher prices for their shares to pay for the time they held...? I am hoping that comes within the year if China can turn around and expand. If that happens and bromine demand picks up, the sky's the limit if this company profitably produces the materials...
"On April 30, 2013, the class action parties of the class action litigation executed a stipulation and agreement of settlement. The proposed settlement is subject to review and approval of the Court. The Company currently cannot estimate the amount or range of the overall costs in connection with this litigation. The Company believes that such costs will be reimbursed by the insurance company to the extent covered by the insurance policies."
So, does this trigger anything now, or do we wait until the details come out?
Sentiment: Buy
My takeaway is 2013 earnings confirmed $122.8m revenue; $18.5m net. $0.54/share earnings
P/E of 5 = $2.70
P/E of 10 = $5.40
P/E of 15 = $8.10
Now to just get some whale(s) to take interest....
Sentiment: Buy
And the housing/banking collapse was the result of Clinton policies as well.....
look at the stock market over the last 20 years.... Bush had to deal with @ 68% collapse (2000-2003), Obama had to deal with @ 40 % collapse (2008-2009). Put the blame where it belongs... with Clinton......Bush had the economy back on track within 1 year of the bottom, Obama 4 years and struggling.... and spending money so fast Bush looks like a penny pinching scotsman......
OK, thanks for the update, I was going off last year's 10-K date from Ameritrade for the 3/15 date.
Less than 20K shares today? With volume decreasing and price falling ... is this the last of the weak hands or just no interest prior to the 10-K @ March 15th? Your opinions would be appreciated....