essentially this low float stock is manipulated downby massive shorting. Over 15% of the outstanding shares are short now. The almost 1M increase came on the heals of the Barrons article and was most likely added in the $8's. Those folks are near underwater now.
A short squeeze could literally put this to $15
WSJ says Arro is faster and cheper than Uber and this includes a 20% tip using Arro and 0% with Uber. 3 min vs 7 min for Uber
Cheaper and faster?
it also combines PowerFleet and Power Box into one system. You can start off with PowerBox and then upgrade to PowerFleet.
Also does WiFi, RFID, and cellular in one form factor.
Not sure what chili is talking about either
have you even read anything about this deal? Altria is taking all stock at GBP37, which i less than the cash offer to other investors. The sgare conversion is locked in. So you actually shoud hope the cash offer does not go up as that would be better for MO
read the articles on the WSJ. Altria and Bevco are getting seperate deals with the share price already worked out so that they get shares. MO will own about 11.1% of the new company which also has reporting ramifications as they will be under 20%. So not that great a deal for MO.
I suggest you post less about useless politics and read up and what is happening with this stock
so if the ABInbev deal is higher, why does that matter to MO? MO has already agreed to a price and that price won't go higher. So there is no more upside from that deal
why buy on the div payment date? Doesn't the reinvestment cause a short term spike as well? yet, another reason to sell.
Why buy just a few days before the ABInbev date to finanlize their bid?
the SABMiller deal appears in jeapordy. Needs to be officially tendered by Oct 14. Sides appear at odds. MO has already agreed to a share transfer price below the cash price so upside from here is nil. with no upside to the deal and the deal in jeapordy, why hold? Long term the deal will be good for MO even at the reduced price, but I see no short term reason to hold.
you're an uneducated HS graduate with no conscience. Who cares what you think?
Mark to model dictates a $250K price. No go help your friend churn some old ladies accounts