everyone here seems to be long. When i was long a heavily shorted Nokia, there were hundreds of negative posts per day.
Didnt they just to 6 million shares to purchase 2 ships? They are planning on doing another offering? Where did you get the info for this?
this earnings report looks good to me, did they guide for next quarter? When is the conference call, tomorrow morning?
TRX did as well on that same day and it was kicked out of GDX(J) MUX is still in the GDXJ? Anyone know the requirements for it to stay there?
The reason Gold and Silver are rallying is because Bernenke isn't going to be able to taper QE anytime soon. Yellen takes over in May i believe and from what i hear she loves to print money more than Bernake. This last downtred in Gold was caused by Bernenke's comments of a taper that was supposed to have happened by now.
I really wonder about the intentions of the Fed to start talking about tapering a few months ago when they knew that there isn't any way that they can stop printing money w/ out the economy slipping into a recession. Either they are short gold, or wanting the price to go down so that they can accumulate more.
TRX lost $175 million in market cap in the past month. What gives? I know that GDXJ dropped them due to some changes they made, but to go down 45% in a month? wow. That isn't even an indx, its just an ETF that held $19 million worth of TRX.
it looks like if they meet all other requirements besides the $1.00 per share, they should get another 180 day extension, but i haven't heard anything official yet.
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
On April 8, 2013, Savient Pharmaceuticals, Inc. (the "Company") received a letter from The NASDAQ Stock Market ("NASDAQ") indicating that for 30 consecutive business days the Company's common stock did not maintain a minimum bid price of $1.00 per share ("Minimum Bid Price Requirement") as required by NASDAQ Listing Rule 5450(a)(1).
The notification of non-compliance has no immediate effect on the listing or trading of the Company's common stock on The NASDAQ Global Market. Under the NASDAQ Listing Rules, if during the 180 calendar days following the date of the notification (that is, prior to October 7, 2013) the closing bid price of the Company's common stock is at or above $1.00 per share for a minimum of 10 consecutive business days, the Company will regain compliance with the Minimum Bid Price Requirement and the matter will be closed.
If the Company does not regain compliance with the Minimum Bid Price Requirement by October 7, 2013, NASDAQ will provide written notification to the Company that its common stock is subject to delisting. The Company may receive an additional 180 day grace period (a total of 360 days from April 8, 2013) to regain compliance with the Minimum Bid Price Requirement provided that the Company is then in compliance with the initial listing standards for The NASDAQ Capital Market, other than the Minimum Bid Price Requirement. Alternatively, the Company may appeal NASDAQ's determination to a NASDAQ Hearing Panel at such time as it receives any notification that it has no further grace period.
The Company intends to continue to monitor the bid price for its common stock between now and October 7, 2013. If the Company's common stock does not trade at a level that is likely to regain compliance with the Minimum Bid Price rule, the Company's Board o
I bought back 5000 shares yesterday. Anyone know how many shares GDXJ had? I saw it was like 19 million $ worth, but it didn't list the share price. I imagine it was somewhere in the 3's since those reports are updated about once a month, so lets say hypeothetically it was 19M @ 3.30 a share = approx 5.8 million shares to be sold. Well th other day the volume was over 9 million so i would think that they arlready sold their shares. Anyone have any info if that is the case?