I got ridiculed when I said it was a scam secondary(Price was $5.25 at the time)......ran thru the MM.
Now you know why.
Hope you idiots that ridiculed me loaded up in the low 5's....LOL
yet PPS is weak considering volume.
Large bids are getting crushed immediately.
Either there is massive warrant dumping.....or massive shorting by the MM for an upcoming "secondary"....no other explanation.
Almost 5M shares traded already on 4-5M shares out INCLUDING warrants.....
Something ain't right here.....
There were 2.4M issued June 4th....redeemable at $2.10 per share.....so those have mostly been cleared out....does the 3M on Yahoo include these, or is O/S count around 5.4M??
TIA for any help.....
With only 3M shares out, and minimal burn rate.....if Omron really pushes this in China & Japan.....EPS could be considerable....
Any idea how many warrants are out?
Good post......very limited secondary....ran thru the market maker and sold to newbies....they should have averaged more then $4 per share(after market maker gets his cut).....should have been over $5.
There is value here with only 7M shares out, and cash for a year at current burn rate.
A possible buyout candidate...
Sentiment: Strong Buy
I told you the secondary was bogus.....and everyone berated me....when PPS was $5.25. For those who did not listen to me.....too bad.
Learn how the game is played or quit trading stocks.
This ain't a buy until the 3's.
Hopefully they will have good results for their drug trials.
I have L-II, and there is NOTHING that would indicate Goldman has ANYTHING to do with this stock.
What makes you think it is going to $8?
I would love to see your calculations on this.....
I have owned this before and got burned on the AMD hype.
If DRAM is in deep with AMD, then the EPS could be enough to push this to $20 per share with only 2.1M shares out......but..there is ZERO evidence as of yet that they have any substantial revenue with AMD...and the margins may be lousy.
Again.....we have heard this all before.....
I followed this company long before yesterday.
If their earnings are solid I will be surprised.
I have no hidden agenda here....just sick of pump-n-dumps.....and if YOU did your DD, you would know this ain't the first one done with DRAM.
BTW...quit calling people idiots and douchebags...it does not reflect well on you.
How can you make that statement when this company is STILL losing money....after 46 years!!!
They have been spewing this AMD #$%$ for over a year.......NO EARNINGS.
Dram is a scam....look at the 1 year, 2 year, 5 year charts....
This company is a pump-n-dump....you think SA is there for YOUR benefit?
This company has been in business forever and can not turn a profit....all they can do is say the have a partnership with AMD.
WHERE are the eanings?
NEXT quarter.....LOLOLOLOL...always NEXT quarter.
Do your DD before you jump into the piece of #$%$.
This is a public service announcement....YES....I got burned on this garbage before.
If it hits $5 a share....short it hard.