dropping like a rock - absolutely fantastic gain already - will close at day lows and drop further tomorrow morning - looking to cover around $3
shorten quite a lot above $4.20 - looking for close at day lows
actually the real purchase price for OCZ's assets is just $11.5 mln - the remaining $23.5 mln is a loan from Toshiba to cover OCZ's cash burn until the end of the bankruptcy auction process.
so for each and every educated investor it is quite clear that this is a done deal and the bankruptcy auction is just a pro forma action with no white knight showing up (remember the company has reached out to ANY potential acquirer during the weeks and months before bankruptcy).
that's why the share price is where it is today and that's why Ralph Schmitt sold at $0.20 last week
who has been busy with highlighting the stock on Seekingalpha as of late - while I have some objections against the company given their decade long history of overpromising and underdelivering the stock price clearly has appreciated nicely.
investors might want to note that Lazarus recently highlighted a second major holding of them on Seekingalpha called Liqtech (LIQT) which just recently uplisted from the OTC to the NYSE Market. The company has a promising and fast growing membranes business and is aiming for $100 mln in revenues within the next three years (versus a current run rate of around $12 mln). To learn more about the company just read the article published by Lazarus on Seekingalpha.
actually their asset management unit oversees several BILLION dollars so why should their sell side analyst care for some measly 3 mln shares spread over dozens of accounts on the buy side
will revisit the stock at $2 next week
obviously things played out nicely for me - will stay short for some more selling tomorrow morning
they are actually not capacity constrained as this is almost impossible - there's always 3rd party work available if needed
nonsense - they could just do a further capital injection into HSOL to reach that goal without getting involved into the market at all.
the stock is down because if institutional selling - the remarks of SOL management on last weeks' conference call clearly spooked Chinese solar investors as they forecasted Chinese demand to be up to 50% BELOW current estimates. Since then Chinese solar stocks are getting sold and the companies perceived as the weakest ones take the hardest hits.
as high as $1.500 ? quite sure you are an idiot indeed - perhaps you miggt want to do some math by yourself
at $10 the company's market cap would be already $1 bln
at $100 it would be $10 bln
at$ 1500 it would be $150 bln which would put PLUG in striking distance to IBM and way above Cisco Systems for example
face reality - this company is selling fork lift batteries
a debt reduction of this magnitude would clearly mean another huge debt for equity swap - I can't figure out a way how shareholders might win in the upcoming restructuring
back on this non-event news as expected - very nice gain
what was revised compared to the first one ?
which was already made clear several days ago - they haven't voted as of yet
you must be joking - insurance will pay only $16 mln and the company hasn't reserved for anything yet
what news ? the company is just saying what is already know - the teamster will vote on the proposal
this is just utter nonsense - nobody is stealing shares - and most of the hedge funds investing in low quality small caps like this one are already long the stock - or do you think the huge price and volume increase over the last few days was solely due to demand from retail investors.
the stock had good news, it had a great run, the momentum crowd picked it up and extended the run. Now it is short term overextended and will come back somewhat. Additionally there are finally shares available for borrowing so shortsellers might finally get their chance here.
So there will be some pressure on the shares today and most likely tomorrow which is quite understandable following a 300% run within one weak.
there's no hedge funds conspiracy or whatsoever - the stock is down because it has gone up pretty fast and pretty high - and at some time this will be corrected
quite frankly your sound like an idiot - look at the market cap the company has already reached - and besides of valuation concerns - even the best stocks don't rise every single day after reporting an improved outlook.