Reid from conference call:
As we watched several industry peers declare bankruptcy during 2015’s tough and volatile metal market, Gold Resource Corporation posted annual net income of $3.1 million or $0.06 per share. In addition to posting net income during a challenging year, we return $6.5 million back to our shareholders through dividend distributions.
We continued to invest in the company’s future growth in Mexico and gained a stronger presence in Nevada. We accomplished this without raising money and without going into debt.
too busy trying to cover their AMD or dealing with the closure of their accounts which went belly up, to have time to spread fear on the Yahoo forum.
ultimate buy signal.
Buy at will boys! with both hands!
Sentiment: Strong Buy
yeah I remember it alright. Back at the turn of the century it rose about 95% in two or three days and fell just as fast. Lost total investment on that dog with fleas during the dotcom bust.
the whole 5 dollar thing is basically a myth. yes there are funds whose managers can't buy stocks under 5. but there are plenty who don't have those rules, and hedge funds make their own rules. so the idea that this really affects stock price is probably misguided.
keep in mind Vanguard, one of the most conservative risk-averse institutions out there, is one of the largest holders of AMD stock! and no, they won't be buying more when it's over 5.
AMD is going to soar. but the more important factors in its rise are likely to be short covering, reversion to the mean, and growing optimism about the future.
those who loaded up here in expectation of a turn will be amply rewarded for the risk they took.
never say never. remember the price tulip bulbs were selling for way back when?
I understand your point. you are saying, fundamentally speaking, you don't see how AMD can reach that price. and you may be right where fundamentals are concerned, unless AMD keeps improving in that regard year after year. but even without fundamentals, the market will do what the market does, and it doesn't usually match rational expectations.
Over the last few years AMD was beaten down far more than anyone could have imagined and it will likely exceed any gains we can imagine now.
I would like to see the chief officers purchasing more than board members. I mean, come on guys.
don't forget their yearly salaries.
50k is like throwing a penny into the well for these guys. I want to see them doing a lot more than just "making a wish" right now. especially when their wish is being made at the expense of shareholder value!
How long does it take for a medicine to be evaluated by the Agency?
In general, the Agency will issue an opinion on its evaluation within 210 'active' days. However, the clock may be stopped during the procedure to allow companies to answer questions posed by the Agency's Committees. This leads to the actual evaluation time being longer.
Can the Agency tell me when a medicine will be approved?
The Agency only releases limited information on medicines that are under evaluation. Once the Agency has completed its evaluation of a medicine, it publishes a document summarising its opinion.
The European Commission follows the opinion of the Agency in almost all cases. It takes around two months for the European Commission to approve a medicine after the Agency has given a positive opinion.
It's good to see insiders putting some skin in the game. but honestly, I think they were honor bound to do it, adding 17 million shares. they are diluting the h3ll out of shareholders with this move. this placement better have some other aim than simply saving the co. from bk. they had better have something good in the works for us, or we are going to be eating dirt soon.
and what in the world is going on with European approval? Do you all realize it was May 1, 2015, when they submitted? guess I expected we'd have heard something by now. How long does this take? a lot hinges on this approval right now, especially after this massive dilution experiment. If they don't get it, we're all doomed. I hope the insiders who purchased stock know something we don't!
In the scenario where the gov loses this case, how high do you think the stock price can realistically go? And I am talking about a level it will realistically hold over time. Not those crazy trading spikes and collapses of yore.
So what is it then, the prices are rising like cashflow says or they are falling like mrql says?
It can't be both. Has to be one or the otherm so I think someone should be able to put the issue to rest.
What are the McEwen companies you're referring to? Those in the McEwen Junior Gold Index?
I think it's going to take quite awhile for SLV to return to those levels. There will be a lot of chop and some sudden reverses. When it does reach that level it will probably do it very quickly when no one is expecting it, in an upward push that leaves heads spinning