Which side of those option contracts are Suraj and friends on? It appears to me that with the stock at $8.75 Northland stood to lose a lot of $$$$.
The new stock was released at $6.80 and the share price rose $2 before Suraj decided to say the stock was really only worth $6?
This is as big a scam as Richard Pearson. Unfortunately, people give a little more credibility to Suraj and Northland Capital. I hope when Suraj asks the same question twice on the next conference call that Pete says "We have already answered your question once dummy"
This is exactly what I said yesterday. Suraj had his Indian feathers ruffled. I'd call him a slimy ba@^a^%, but Yahoo will delete it.
I can't help myself either. This downgrade smells and tastes as bad as those curried potatoes served in Indian restaurants. I've wondered for a long time which firm is putting out a short sell order.
Suraj has a bad habit of asking the same question on conference calls more than once. I usually grasp the answer the company is providing him the first time, yet he doesn't appear to be the brightest bulb on the tree.
I realize that Indians and Pakistanis are extremely cheap by their very nature, however, this downgrade still seems very suspicious.
Did Suraj get his Indian feathers ruffled during this most recent secondary offering?
Assigned a valuation of $6 when the stock had gotten almost to $9?
Do they have clients shorting the stock?
A price target of $6 after another analyst just raised to $12?
There are more day traders in the market now who are perfectly happy to take short term gains. I'm not interested in paying that high income tax rate, or reporting all of those transactions to the IRS.
I'm actually hoping when Pete does sell this company that it will be in a stock swap. I hate even thinking about the tax implications of an all cash sale.
Any long term shareholder who sells now expecting to buyback cheaper is a fool especially if you think this company could possibly be acquired in the next 364 days. How could you possibly come out ahead trading long term gains for short term ones?
The strategy doesn't make much sense though since you could sell today or in December 2014, and still defer your gain until April 15, 2015.
Many newsletters I receive are indicating the market is due for a correction, but I don't sell quality stocks that I know are headed higher.
Exactly my first thought too. Booking profit today defers paying Uncle Sam until April 15, 2015. End of the year is for dumping tax loss losers.
"My wife regularly suggests that it's good to be long."
This was the first message posted on this message board in 2014? I always thought this was one of the better stock message boards on Yahoo too!
I predict MiMedx takes out the old 52 week high of $8.73 and puts in a new 52 week high on December 31, 2013. $8.85 would represent a $5 increase from the $3.85 closing price on December 31, 2012.
Sorry to digress. I realize you were looking for 2014 and 2015 projections, but we still have one final trading day left in 2013. A close above $9 would be sweet. A close above $10 would vindicate the old_wise_one and be even better!
I think the stock triples from here and the company gets sold in the next 18 months for about $25, but I'm more curious now about December 31, 2013.
"Women are having their placenta dried, processed and put into capsules"
Sounds like the Craisins I sprinkle on my breakfast cereal. Do they come in blueberry and cherry as well?
It is sad that on Christmas Day, Danny would find nothing better to do than go onto an anonymous message board and call somebody a dumb f%$#
You have been awfully quiet lately Tipsy.
Did you bailout and sell Tipsy?
We have gone from $6 to $8.50 since you started this thread one month ago.
We have a new 52 week high today. That is certainly a bullish case to support your point.
$12 by the end of January!
Now that wasn't a very pleasant thing to say, and especially on Christmas. Perhaps some anger management classes would help Danny?