Does it surprise you that they try to do centimeter selling, and folks are waiting for them. Must say it is one huge surprise. We are not for sell and if we decided to sell, this will not go for cents (unless the cents follow after dollar marks. I always knew someone was just feeding a particular section of the investors all kinds of fake news in hope that any activity on the stock will affect the company and somehow force a sell. That does not seem likely now unless the buyers pay the right price. Not when Becker and Red Alder own about 20 million voting shares each
Conversion price is actually $1.154 and not $0.27. See NOTE 3:
In accordance with Rule 457(c), the offering price is estimated solely for the purpose of computing the amount of the registration fee, based upon the average of the high and low prices of Speed Commerce, Inc.’s common stock on May 14, 2015 on the NASDAQ Global Market, which was $0.27."
You will do well here. If SPDC were to go bankrupt, Becker will be second in line after Garrison. So, for them to throw away that preference is huge. I am loaded as well.
Get ouuutttaaa here..............................
Sentiment: Strong Buy
".why are folks not loading like life depends on it?"
Answer: There is a motivated seller. So you work with him/them and get the shares out of their hands as cheaply as possible. The fact of a selling has zero bearing on where the stock will be tomorrow.
" I'm not interested in going back and forth with any of you..."
I totally agree
So you think that a guy that just dumped about $70k on a stock is being emotional??? So what do you say about the fool that is selling a company that will generate some $180 million in fiscal 2016 for at 30 cents and about $25 million mkt cap? I wish I have as much to buy the entire thing down here and I keep looking for opportunities to sell other stuff and raise my holding here. The pathetic part is that the folks that are GIVING WAY all these cash down here at 30 cents will never give a dollar to some of those beggars on the streets. But they are willing to GIVE it to us here. I have some $38k in SPDC and I know where the harvest will be.
I saw a thumb down, but that's not my words. Yea, I don't think it's "continuing success" either for shareholders to crash from $2.48 to $0.33. But, I'll wait for the speaker to explain whatever that phrase means. It must have a meaning and that is the key to my trade here.
I need to add that even when you restate the math and use $0.40 cents for the market cap and use just a mere 1x sales, you still get a buyout MINIMUM above $0.77 (that's still over $100 percent to current pps). Just writing for those that like money and not just folks that are here for the noise.
It just takes a little math to see how this is candy. To, the only 100 percent certainty of doubling my money in the shortest possible time. Thanks for putting it together for folks that want to make money and take advantage of the gifts being showered on them.
I see STRONG BUY:
Zacks Short Term Rating on Speed Commerce Inc (NASDAQ:SPDC)
ON APR 15, 2015
Speed Commerce Inc (NASDAQ:SPDC) has received a hold rating for the short term, according to the latest rank of 3 from research firm, Zacks. The company received an average rating of 2.33 from 3 analysts. 1 have rated it as a strong buy. 2 analysts have rated the company at hold.
Speed Commerce, Inc. (NASDAQ:SPDC) has a short ratio of 5.38 , which means that the counter should take 5.38 days to cover the total short interest. The average daily volume for the last 20 days is 340,918 shares. The volume traded during the last 20 days is 0.52% of the total outstanding shares. The 1-month % change in short interest is -10.22%.The shares have witnessed a change of -12.93% in short interest in the past 3 months. The total monthly shares shorted are 0.0436 times the total common shares outstanding.
Investors in Speed Commerce, Inc. (NASDAQ:SPDC) discarded the counter and the shares fell 7.59% or 0.0381 points in todays trading session. Upon opening the transactions at $0.5, the counter maintained a trading range between $0.4622 and $0.5059 before the day culminated at $0.464. Even as the price action was dull, the volume figure touched 865,951 shares. The previous close of the share price was $0.5021. The shares have a 52-week peak value of $3.81 while the yearly price nadir is registered at $0.4862. With around 66,011,000 shares in outstanding, the current market cap of the company is $31 million.
Speed Commerce, Inc., formerly Navarre Corporation, is a distributor and provider of complete logistics solutions to traditional and Internet-based retailers. The Companys solutions support both direct-to-consumer (DTC) and business-to-business (B2B) sales channels. The Company also publishes computer software. In April 2011, the Company sold FUNimation Entertainment. In November 2012, the Company acquired SpeedFC, Inc. In July 2014, Speed Commerce Inc sold its legacy distri