Hard to imagine that the price will go anywhere near that high. RB4 is not a long term solution to making MCZ successful. It will help give them an opportunity to become successful but they will still need to improve their company before it becomes worth more than 2-3 bucks. I doubt if I will still be owning my 1% if it goes over $2.
Thanks for that very informative message. I am watching this company and hopefully down the road will buy and make some money. 70 cents appears to be a low price for this company but I probably won't buy until their revenue starts growing. Better to pay a higher price after the start of a turnaround than to gamble that there will be a turnaround.
Are they running out of money or are their loans due soon or have they violated any financial covenants? Wanting to know what information is available to support your bankruptcy soon statement.
With BTC's expenses being millions of dollars per quarter, mining a lot more bitcoins won't have much of an impact on their losses.
Without merger information it is hard to know if the proposed merger will help the stock price. Will spoon get just tens of million of shares or hundreds of millions. What is their current profit or loss. Maybe they loss money and would make BTC's losses even worse.
I was able to get to KIDEQ yahoo message board by going to another message board and putting in KIDEQ in the get message board for space.
not exactly right. WLT is not in bankruptcy yet. Once in bankruptcy the price will drop lower than $.25 and when they come out of bankruptcy the old shares will be worth zero.
No I didn't trashed it. I do worry about using them to support DRYS but the price sure seems good.
Once the price drops below $1 you get the delisting notice and people start thinking reverse split or delisting. I have seen many $1 stocks quickly become much cheaper. I doubt SMT follows suit since it has a positive operating cash flow but you never know.
More Seagate business is coming has been the talk for a couple of years. You would think that if Seagate wanted to shift more of their business to Hutch they would not take years to do it. Instead what has happened over the last few year's is that Hutch has had to sell their suspension arms for less just to keep their market share.
I didn't mean to imply that I thought Deek had a legal case. I just meant that somebody might want to avoid the cost and hassle of our judicial system.
It is wrong to believe that because they are fighters that bankruptcy is not an option. Management doesn't always get to chose to stay out of bankruptcy. BK is quite possible for AbTech. The odds are they will need additional financing to stay in business. Trying their best probably won't be good enough. Do you know the financiers and are you including them in your won't give up group?
See if one of the rich guys would buy him out for $.25 per share. He has most of his money tied up in a company that might take his investment to zero.
Maybe that is what he wants to do and he figures if he talks legal action then somebody might decide it would be better to buy him out then go to court.