First November free now February free. You cant make this stuff up.
do not reflect the massive cancellations. I ordered day of the Rumble, then cancelled that night, however, I am still considered a paid subscriber until Feb 25th.
Look at platform, look at integration in automobile sector, this company has many buyers.
1.88% 10 year gonna kill margins, Texas exposure, this thing is toast.
Also before they were able to raise capital at $10 per share and retire the expensive sub piece.
Why not just liquidate the assets and put this place out of misery.
LOL, sure this will go mass market, with $50 oil.
One moron was trying to get a job asked if they were hiring. Just a disaster the people asking questions, management should prescreen the people asking questions going forward.
Will you please stop speaking of the efficient market theory and get your nose out of text books. If the markets were efficient this wouldnt have gone from 8 to 30 back to 10 then popped 36% in one day on no major news. It doesn't take alot of money to move this stock, when the forced Reg Sho buyins came in a few weeks back this thing popped 36%. The float is too small in this company to garner any interest from major funds, for them to take a sizeable stake in a company with only a 70mm market cap would move the price too much. At the end of the day, Lake did a nice job taking advantage of the headlines and cleaning up their balance sheet. This was a company in default of its credit agreement not to long ago if you go back and read the filings. The downside is they issued and 1.1MM shares so the count will be around 7MM versus the 5.4MM it was a couple years back. At the end of the day we want to hear how China is doing and if Brazil is getting anywhere near breakeven on cash flow. Also looking and hoping to see they burned off or will give guidance that they have/are converted some of that large inventory number of 39.5MM to cash. At the end of the day this company needs to show that they can build EBITDA to a sustainable level and you can put an 10x multiple on that. So a $7MM run rate would support the current share price, if they can get EBITDA to $10MM you are looking at a $100MM market cap and a $15 share price. At that point it would be time for management to flip this thing to a private equity buyer. With all of the reporting required by the SEC there is no reason for a company of this size to remain public and be burdened by the regulatory/compliance issues of being public.
day before a 36% rip. BAHAHAHAHAHA.
forced buy ins all around today shorts were have to hit the ask all day, as they scrambled to locate shares. Anyone shorting something on the Reg Sho list with only 7MM shares outstanding deserves what they got today. So comical seeing the boiler rooms on the board spewing false facts about the business out of pure panic.