dividend paying stocks typically do well in a low interest rate environment. The utilities are leading the market this year. Now rates are negative in Europe. uncharted territory. Anyone know what good dividend paying stocks do in negative rates? I would think go higher still
MGN taking a big tumble today, under 80c now. With a market cap under $30M as of May 30, MGN will get thrown out of the Russell Micro Cap indexes. Forced selling by index funds
the June card grading price specials are out and it is $6.75, up $1.50 from the low point of last year and up from $6 for the first 5 months of the year. With a record number of cards grading, it seems they are raising prices
Revett shareholders thank you for crushing MGN so that the Rock Creek mine can be built without the hinderance of the Montanore mine
nice recovery. Shorting met with aggressive buying. $181M market cap. Should easily make the Russell Index addition list. That will be published in two weeks
MGN is not in any of the Russell Indexes. Last year a $30M market cap got you into the Russell Micro Cap index. With the beating the last 2 days, MGN will probably not make into the index this year either.
Russell uses the market cap at close of business today for the yearly valuation. RVM is in the MicroCap index and may squeak by
for the first 2 months of this quarter (still have one day left, btw) coin and card volumes are up 10% compared to last year. I would expect revenue to be up that amount as well. That puts us at about $15M rev (vs $13.7) and 30c GAAP (vs 25c)
PSA has not run their really cheap specials as they have not had to. Will update in one month with better projections.
I still firmly believe RVM is far ahead, has less resistance, and has much better leadership. Were it not for the Hommel P&D articles, this would be 50c...where it belongs. Only one mine will be built due to water constraints, and it is looking more and more like Rock Creek
btw - today's talk was not necessarily on IDSY, it was titled "The Internet of Things: Who are the Customers and Who Will Pay for IoT Services?"
new presentation out dated today. Only one slide is changed, #21. This is the slide that has operating leverage at $50M. Now has a section for leverage at $100M revenue. They had presented this once last year at some conference but then took it off. Now sure why they would bother to show that now
true. Cut it to 10c/month, $1.20/yr. Company would be cash flow even. The whole reason for shorting would be gone. They have plenty of cash for the cash flow issue. I really think this would be seen as a net positive
except he wants a bigger piece for free access. He doesn't want to pay for the bigger piece. I read that as extortion.