I don't care - I don't like what I see anyway. But this membrane opportunity is huge if executed well.
I would rather expect a huge secondary into the share price increase coupled with the uplisting. The current balance sheet is a joke given that they are aiming for $100 mln in annual revenues three years from now (which imho is also a joke).
That said I do admit that the membrane business might indeed become a game changer for the company but with management constantly overpromising and underdelivering I would wait for some signs that revenues are indeed on the rise big time.
why should they be investigated - they are just a platform for people interested in and writing about stocks. It's up to each and every investor to educate himself. And there's plenty of useful information on seekingalpha.
actually a good trader should have always a close look on new sa articles as some contributors really move stocks. And once the momentum hype is gone these stocks bring profits a second time when playing them short.
don't blame seekingalpha for the dumbness of uneducated investors - they fully get what they deserve
just enter a bid size at your discretion - the shares will be delivered within seconds
but actually there are big sellers out there who are waiting to serve every bid size that might come in - so don't expect much from the stock near term.
remember also that the company diluted shareholders by 20% through the latest secondary offering so the stock just CAN' T trade at pre-offering prices currently. The company needs to show sustainable profits (which is highly doubtable) going forward to increase its share price.
the company more or less trades with its solar peers so if the group doesn't perform RSOL share do not perform either as its share price movement is pretty much tied to US market leader SCTY.
why retake it - they are actually in the process of extracting all of the company's cash and leave the shareholders with a less than overwhelming business - with PC MMO in steady decline and with mobile game's life cyles much too short for effective monetization there's nothing to win here for shareholders going forward.
this should see a resumption of yesterday's decline pretty soon after the session started. Short sellers will finally have a chance to borrow some shares adding to pressure.
if the price has been already announced the deal will go through. This is done.
the buyout offer for GA was made with the stock trading at 52-week-highs so clearly the going private proposal wasn't made because of the severe share price underperformance.
and for GAME:
there won't be a buyout - former parent SNDA was taken private two years ago but actually almost all of their business has now been spun off back into GAME - in fact the SNDA owners are currently extracting ALL of GAME's cash (and then some) by selling two intransparent payment subsidiaries to the company.
With MMO games to trend down for at least the first half of 2014 and with the future game line-up looking mediocre at best at this point, PC gaming revenues will remain challenged going forward.
as for mobile:
there's no major potential mobile game blockbester like "Million Arthur" scheduled for release so far and mobile revenues will in fact be down substantially qoq as the life cycle of mobile games is very short as already experienced with "Million Arthur" in Korea.
with paying mobile users only half the rate of PC MMO and huge amounts of revenue sharing mobile games have to be a blockbuster success to bring in some money for the company.
that said the company will have to land games like "Million Arthur" at least once a quarter to earn a steady and growing revenue stream going forward. At this point this looks impossible at least to me.
paying users in mobile below 10% compared to MMO 15 to 20%
investors won't be too happy I guess as this essentially means "prepare for bad numbers at least short term"
Licensed MMO game RIFT didn't perform and was terminated which causes accelerated license payment amortization going forward.
analysts poking around the usual topics so far - mobile gaming life cycles and margins and the G-Home strategy
would expect this to have a bad day tomorrow as the company essentially warns investors not to focus on short term results (which of course it all that counts on the stock market).
if they had good news to offer this would have been in the press release - would expect management to drop a bomb on the call like Changyou some weeks ago. Something about increased investment and 2014 to be a year of transition etc.
no - the 50% increase in mobile revenue was forecasted by the company but I would suspect this actually to go DOWN big time next quarter as the game Million Arthur will be released only in Singapur and Malaysia.
there are a couple of bad news in the press release - gross margins came in significantly below the company's guidance, MMO DAUs are also down significantly as Rift obviously delivers underwhelming results.
but the most alarming sign is the absence of any forward looking guidance which the company usually has provided since being spun off from Shanda some years ago. Coupled with the sentence "I remain confident in our long term potential" I would expect some huge pain short term.
watch out for the conferencing call in about an hour.
this is just one remaining analyst estimate which probably hasn't been updated for many months. Remember also that the just reported quartely results were far shy of this remaining estimate.
That said financial results have already taken the backseat for some time anyway as the company faces signifcant unresolved debt issues (very much like Suntech). At this time it is very likely that the shares might become worthless or at least heavily diluted to compensate bondsholders so investing into LDK ADRs is mainly betting on an amicable AND shareholder friendly solution of the debt issues - which would be a pretty rare event.
Anyway management expected to get something within the next few weeks so stay tuned here.
you won't join me as I will take my profits shortly before close today and move on - this might be a good entry point for a longer term position but as trader I will be gone later today.
during former post earnings trading days the stock started lousy but recovered nicely each time due to Icahn buying. This time the shares experiencing intense selling pressure despite some analysts already calling the bottom on the shares.