OK, thanks. I should have drilled down for the details. Now we should wonder why PXLW hasn't disclosed that it was a successful offering.
BTW -- The Roth website states: "ROTH Capital Partners Acts as Sole Book-Running Manager for Pixelworks, Inc. (PXLW) in its $17.8 Million Follow-On" (dated August 12). Where do you see that the offering has "closed on time"??
Very true. PXLW must at least file an 8-K detailing the stock offering. Companies are usually very prompt in reporting the results, especially when the offering is oversubscribed. Too bad this company is run by a BOZO!!
Who knows with these bozos??!! LOL
The extremely low offering price relative to the recent sp would suggest that Walicek wanted to ensure that all shares would be sold including the over-allotments. That said, it would be extremely bearish for PXLW if Roth is having a difficult time selling the entire public offering. They are now two days late with the normal recap. Not good. IMO
Aces?? Ramping up?? You've got to be kidding, pal. Pixel is fabless and contracts out all their chips so why would they need more capital?? Bottom line, Walicek is a chump who continually overplays his hand!!
sixman: UVXY has been traders dream!! I haven't caught the exact tops and bottoms but over the last month or so there have been monster swings to make big $$$. But you just can't hang on to them when the market turns back up.
BTW -- If you have a tolerance for risk, check out the Kinder Morgan warrants (KMI-WT on Yahoo). The warrants have a $40 exercise price and don't expire until May 2017. Right now is a great buying opportunity while they're down below $2. I made more money trading these warrants last year than any other position. Good luck!!
Check out the insider holdings. Those big positions are in common shares. Did IO even issue preferred shares? Even so, preferred shares also get slaughtered in Chapter 11.
The stock has certainly been acting like it's in danger. However, if they don't have to pay the majority of that judgment then they should be able to muddle through. The E&P slowdown can't last forever. Once production starts declining activity will pick up again.
You say survival for IO is not possible?? There is huge insider ownership and cash in the till. Usually, when insiders own so much stock, they find a way to survive.
sixman: I never get "ticked off" by these clueless pumper wonders who dish out the "thumbs down". In fact, I relish the fact that I can actually get under their skin. As in the old Jack Nicholson line: "They can't handle the truth"!! LOL
DUH!! Everybody knew it sucked on July 15!! Just another reason why KMI is down 22% from the high. Rarely does the market discount the same news twice. If KMI is down tomorrow it's more likely due to the ongoing selloff in energy and MLP's.
Hey sixman: I've been in GLUU and on this board since December 2012. My post was simply objective facts and observations, yet the clueless moron pumpers have to play their silly games with the "thumbs down". It's become rather comical. Bring it on, jackasses!! Gimme more!! LOL
GLUU longs should know all about Hany Nada. Who he is, his firm, the firm's investing history in GLUU and what he's up to now. Let's review...
1) Nada sold half his GLUU position April 4 thru May 5 @ $6.55-$7.05.
2) Nada is still holding over 1.5 millions shares of GLUU.
3) It's curious to me that Nada would sell half his position in the immediate days after several upside surprises in the Q1 earnings report, including the Tencent stake. Strangely nice timing for a so-called "automatic sale".
4) Nada had not sold any GLUU stock since buying back a 3+ million share position back in Q4-12, not even when GLUU topped out @ $7.60 in July last year.
So what does all this mean? Nothing yet. BUT savvy GLUU longs should closely watch Nada's next moves. If he sells out, that's an ominous clue for GLUU's future prospects. From back in early 2013, I always said I wouldn't totally sellout of GLUU until Hany Nada sells his position. However, if he's out, I'm out.
This is not meant to be a hatchet job like the shorts pulled off in TheStreetSweeper. Just objective observation and a word to the wise. ;)
How many times have you seen the filing of the 10-Q have any impact on a stock after the earnings release and CC?? Like, never??!!
Actually, in oil industry financials M=1,000 and MM=1,000,000 (at least for the major oil company I worked for). "K" was not used in financial data.
Actually, Rich Kinder owns 245+ million shares of KMI, including shares held both personally and in an LP.
spirallocks: DUH !!!!!!
1) ALL institutional data is stale due to the lag in reporting unless a 5% holder.
2) Rich Kinder's Form 4 filing is out there right away because it's an SEC requirement to file by the end of the second business day after an insider transaction.
That concludes today's lesson in Investing 101. LOL
Totally ignorant logic!! Insiders and institutions own 86% of the stock. Therefore, the so-called "little guy" is buried somewhere in the remaining 14%. So, just how have the "institutions screwed the little guy again"??!! LOL
This board is a complete joke. Normally, if I say something bad about GLUU I get a zillion "thumbs down". Now, I debunk a short's hatchet job and I still get more "thumbs down". All you clueless fucquing morons can cram it where the sun don't shine!!
tyrone = Imposter with a very, very poor imitation of black folks. For the clueless, how would anybody talking like that have any money for stocks or even know about markets? LOL