2 15K share blocks traded today at $6.65 and a 20K block at $6.50. One $6.65 block was just before the close then a few odd lot trades at $6.59 brought it lower
RVM. SLW owns about 18%. Their Troy mine had a cave in and their stock tanked. Was $3, now $1. Slated to reopen in next couple of months. They also own Rock Creek which is N.A. largest silver deposit. Going through the permitting stage on that. Maybe in 1 year they get the go ahead on that.
you realize Simmons and Hall are old, right? Why would they want their entire wealth in one company?
and you know I made a fortune in the day on SLW. I bought at $4 and sold at $18,twice. Yeah, I sold way too soon but I made a ton of money. My posts are still there. I was one of the first posters on the SLW board. Chap Mercantile, Goldcorp Rob McEwan and all that.
I also have silver dollars, and rare coins. Rare coins are bullion on steroids.
so if you have that many silver dollars, you should buy CLCT. Dummy
you realize CLCT is a play on silver and gold, right? I have countless posts on that. Go review them. There are even articles on it as well. Check SA. So you are essentially arguing with yourself. and it pays a $6.5% dividend
how did the BOD allow that mess to go on an additional 6 months. In 6 months, Ehrman has us on track to be profitable in 6 months. So if Jagid was fired last year, we would now be profitable.
or with shorts at 10% of shares, will they be forced to cover? It's expensive to be short a stock that pays a 6.5% dividend. The shorts entered 2 years ago at $11. Short frenzy could push it to $30.
If you sold CDTI and bought CLCT, your delta would be over 25% now.
this was when Avis was supposed to give a go or no go decision. Then there was a 30 day extension through September. All the while Jagid was saying everything was going smoothly.
I really think he believed his own lies.
12,500 bid at $6.50 just sitting there. This has large backing now for whatever reason. It's as if a long dormant light switch was turned on here
Info on the company is available there
ADP has about 480M shares
CDK will have just over 160.1M (1:3)
CDK to pay ADP $825M one time fee
CDK earned $226M in TTM, $1.55/sh
no initial dividend
A PE of 20 puts share price around $31, therefore ADP should open down $10.33 (approx)
maybe IDSY mgmt was more forthcoming to some than others. Seems really funny how there was a ton of selling just before this upgrade and no news. B Riley was able to buy low. Mgmt got their options earlier this month at $5.69, just before the upgrade as well. How nice for them. I wonder who the seller was. hopefully it was Jagid