Many of these stock buyback announcements are simply intended to provide confidence to investors, and no shares are ever bought. Not saying that is what is happening here, but it is a dirty trick a lot of small caps do.
This is now professionally shorted, there will not be a significant run in the this stock again. Any good news will be met with downgrades, lowered price targets and negative press. The people who have taken stake here control the bid and ask - they control the MMs. This is no longer a free trading stock. Of course that is all illegal - but as long as the SEC gets their cut in the end it is all acceptable. Oversold? Totally. But that is no longer important.
Does your earnings from this site even pay for your internet fees? Oh right, mom pays those.
Divs bring in an entirely new type of investor. This is a good company, I am very pleased to have gotten in on this unjustified run off. Also grabbed calls for Sept, Dec and Jan.
projections? Yeah, they must be great which is why you need to spam that penny stock scam.
I love that site, they have the best gay porn links. A lot of viruses and malware as well.
You are missing nothing, yet it keeps paying. At some point the other show will drop and it will be the last ones in who bear the brunt of the collapse and it will not be pretty. Of course people said that 5 years ago and it is still going strong. I would rather take a well run CEF if I want an 8% div but the longs found a huge pot of gold here.
Correct. But bad leadership = company nobody wants to own. Things can only get worse until Monty is gone. Once that happens this stock will be much more attractive.
perhaps shorts are panicking over the capital gains taxes they are going to pay with their profits here. Stock is trading at nearly its 52 week low and you think shorts are panicking? This board is delusional. This is not a $40 stock pretending to be a $20 stock.
so the move going into ASCO week has been exactly $0.0000000. Last year it was a month run up from basically the same levels. The only difference between last year and this year? I own the stock.
I doubt it, everyone on this board is too busy pretending they have constant buy orders in and can't get filled because nobody will sell. Price tells a different story, sadly, the price tells the true story.
I must be missing something here b/c the financials just seem to get worse. Yes, the div is safe for a while, but share price is not. No point in collecting 50 cents a year in divs if the price goes down a buck. Management talks a good game and has NEVER backed it up. NEVER.
why would yahoo care? Just b/c you bought into this house of cards?
Thinly traded but not so thin you can't get in and out of smallish positions. I would say about 500 shares. Numbers look great every quarter, consistent. What you want from a holding company. Bought a small bit in a retirement account and do not pay much attention to it otherwise. Sort of like maiden holdings, set it and forget it.