Mondays earning report has to be super outstanding to get a 600% move upward, if not the 180 days of not hitting a dollar and this being at 17 cents, chances are great this goes to the OTC market, if that happens who wants the preferred shares when the commons are in the OTC market, and to see Gary call for a 1 for 10 reverse split would be a miracle, that would mean his 17 million shares would only be 1.7 million shares, good luck to everyone here
Your MHR should read MHRC in your acct, and yes you can sell them later, why sell at.017 cents? Might as well hold on in case of the EH sale or a JV or buyout, in any of those cases you can recoup your money and then some. Good luck on your decision
They are on the market just not a major exchange, to comply with NYSE you need a 1 for 100 reverse split, which would leave 2.6 million shares outstanding.
That's one valuable "boo-boo" this drug company boss might have gotten.
A new report suggests embattled Valeant Pharmaceuticals CEO J. Michael Pearson might have netted a windfall — on paper at least — of more than $27 million after his company delivered to him "in error" the right to receive more than 500,000 shares of stock in 2013.
The article raises questions about how this bizarre error occurred.
Valeant also has yet to explain its rationale for allowing Pearson to compensate Valeant by "returning the value" of what the shares were worth at the time he received them, as opposed to paying what they were worth when the error was apparently rectified by another transaction executed by the company nearly a year later.
The report about the error was published Wednesday by the Southern Investigative Reporting Foundation (SIRF), which has written several previous articles raising questions about Valeant's relationship with a specialty pharmacy named Philidor Rx.
Yes that is what i hope. but look how retail investors lost good hard earn money, the CEO needs to be in prison
Even i wrote Bernie Sanders and my Congressmen to put a strong investigation against Valeant, i use one of their meds, created here in the U.S in 1958, a year supply is 36,000.00 the generic is 600.00 for a years supply, buying up old drugs and raising the price that high is uncalled for. Valeant goes into of Congress Dec 19th i believe and Congress will make Valeant do what J&J had to do, reduce the price. These companies that scam people end up hurting you investors.
Hope is you hope the company is telling the truth, 2 deal worth closed to 800 million were promised and not 1 deal went through, guess greed ruins a company, but theirs still hope in MHR and hopefully in GRH
Theirs 2 possibilities, you get a great report and maybe the Preferred shares stay on the NYSE, but the commons will end up on the OTC unless they jump 550% which i doubt. I cant understand why they dont do reverse splits on the commons when they are this low. I know the common share holders dont like that, but its better then seeing this at a few pennies, I hold the preferred shares in MHR, it turned into a nightmare, maybe they will do some asset selling in MHR but good luck to you guys here in GRH
Marathon is selling their Gulf operations to get into shale drilling, shale drilling is cheaper then gulf drilling, more and more big companies are doing this, good luck
Here is the report before the new one gets released, they also had an increase in business but still losing money,,,,,,,, Our net loss per share for both continuing operations and discontinued operations, basic and diluted, was ($.08) compared to ($.13) for the second quarters of 2015 and 2014, respectively. Our loss from continuing operations was ($2.0) million (a loss of ($.08) per common share, basic and diluted) for the second quarter 2015 compared to a loss of ($3.3) million (a loss of ($.13) per common share, basic and diluted) for second quarter 2014
Brenda it was trading at an hour after market opened, and commons traded all day, here are the new symbols MHR is MHRC next MHR-PC is MHRCP next MHR-PE is MHRCL next MHRPD is MHRCG, i hope a deal gets done soon, at least the sale of the pipeline, good luck
I dont know how many people tried, but i have a low bid in still, tomorrow most acct holders should have there new stock and could be selling due to margin calls, i think many didnt get the new symbols yet,,,, heres all i got today,
11/11/15 13:55 Filled 162 at 0.25,,,,,,,,, i got peanuts filled, 162 shares LOL
freight, i knew he owned GRH for a long time, i posted on that board yesterday to warn the investors there. GRH is 23 cents a share, they report Monday, after the report SEC has to halt trading on GRH since its selling so cheap like MHR, plus the last time GRH hit a dollar was 6 months ago for only 1 day, it has to be above a dollar for 30 days, that stock will be halted or we can question the SEC for halting MHR
You forgot Gary is also on NVAX, spent last year hunting and going to the beaches and look what all the companies are doing? This stock gets delisted right after the report on Monday, its at 24 cents a share and hasn't been over a dollar in over 6 months, when it falls this low, it goes to the OTC market, the SEC halted MHR and put MHR on the OTC and they will have to do it to this stock also.
and if we call 1-800-sex-0330 we get the SEC division watching porn instead of doing their job LOL sorry i couldnt resist