confirmed on whalewisdom and SEC web site. now owns 8%. Filed an amended filing today and only IDSY was an error from their filing yesterday
Now I have to call off my hit man for Jagid. Hopefully I remember the "safety" word
whalewisdom just reported Rima actually bought 261K shares and now has over 1M or 8%. That seems more logical to me than buying a ton and flipping it in 45 days (their last 13G was in August)
FYI - this is directly from the US patent office web site:
"Currently, the average patent application pendency is 24.6 months. Applications received in the U.S. Patent and Trademark Office are numbered in sequential order and the applicant will be informed within eight weeks of the application number and official filing date if filed in paper. If filed electronically, the application number is available within minutes."
Now some patents are trivial items like new improved mouse traps. CDTI's patents are fairly complex and technical so they would take longer than the avg. Think 3-4 years, not 6-12 months
do u know how many patents are filed every day. thousands. The patent office has limited funds and staff. Technology patents can take years to search for other pre-dated work. 6-12 months? I would be doing cartwheels if they were approved within 3-4 years.
Think about it. they said 39 patents filed this year alone. A good number of them had to have been filed more than 6 months ago. How many of those have been approved? ZERO. 6-12 months is being naive.
huge institutional selling reported so far. Rima sold out (over 800K shares), Diker sold over 50K shares. Lack of confidence in management
Like that the stock is moving higher but I am concerned that a significant stake in the company was dumped after such a short holding time (Rima). Institutions don't take a large stake and dump it 3 months later unless they deem something seriously wrong with management.
Jagid needs to go
last qtr Hall sold 30K total shares. He has now sold 30K this qtr. Possibly he is done with selling for this qtr which would be a good thing.
All we would have to worry about is Duncan
Rima selling out so fast tells me they initially liked the story but didn't like management. Jagid has got to go. He's killing us. If he died tomorrow in a fiery car crash the stock would go up.
they bought in June and sold just a few month later. I think they bought low $4's. Maybe they bought in anticipation of Avis and dumped when it didn't happen.
whalewisdom is unreliable. I'll believe it if I see it on the Nasdaq site tomorrow re Rima Senvest. Volume wasn't high enough for them to have sold.
yeah I couldn't figure out why anyone was selling before earnings. It was shorting. The tell is the end of day sell offs on just a few trades that bring it down 10c or 20c on the last trade. The SEC should really outlaw shorting in the last 10 minutes of the trade day.
the Corporate Profile has an error in that it lists LAST qtr's cash position and cash per share. Sloppy. I looked at it in 2 minutes and found that issue. Come on
Sales of the American Eagle one-ounce silver bullion coins hit an annual record on Tuesday, according to the United States Mint.
Authorized purchasers of the coins ordered their full weekly allocation of 500,000 coins, bringing the total sales to date this year to a record 40.175 million ounces, the Mint said.
That sales figure topped the previous annual record of 39.869 million ounces seen in 2011.
“Retail demand for physical silver, in the form of AE coins, remains strong as a result of lower but now stable silver prices,” said Jeffrey Wright, managing director at H.C. Wainwright LLC.
Prices settled Tuesday at their lowest level since early August. December silver closed at $20.78 an ounce, down 50 cents, or 2.4%. Futures prices for silver SIZ3 -1.24% have lost more than 30% year to date.
“For the most part, record coin sales demonstrate strength on the retail side rather than institutions, who would rather not take physical delivery” but gain exposure to precious metals with exchange-traded funds, said Wright.
if they are not in IRA/401k might as well hold for another quarter and get the benefit of LT tax rates of 15% when you sell.
Also, there was a 14% drop last qtr after a huge gain pre x-div. We did not get a huge gain this qtr therefore it is possible post x-div the drop off will not be as great. We are also only 6+ weeks from the best seasonal qtr.