Finally talked about it. August 24th special meeting. May be other options they say. If it occurs sometime in 3rd quarter. New ? Was would management buy the stock at.45 cents. Answer beating around the bush but they say they aquared stock but at this point it is personal issue and their own investing decisions. Hmmm did not really say yes did not say no. So overall not going bankrupt, suggest they will improve, sounds like might as well try to average down little more!
Do not know about that but I have seen them sell the good assets and keep the bad, then go belly.
Well I actually made money from it trading in and out. The news really was not bad. Heck a week or so before the sell off the price target was raised to 4.40 on a $3.00 stock
Well I do not know about him on this one but I know I am fool. I have lost my #$%$ and still in this thing. I would not be so upset if I would have sold out and waited for it to quit going down, or at least slow down.
Just do not put a lot in this one, buy some and pray/hope what ever. This is a long shot, if your like me you already lost your #$%$ and only reason to buy is to average down. I have been following this company for a while but I did not see this coming.
Only going to be about 9 million shares outstanding after the reverse split. Not sure here, have seen reverse splits go both ways. Already lost my #$%$ so I guess I just hang on for the ride
It may not happen soon, they will wear us out , steal the shares for even less and then wam! Then those that sell will watch this go up without them.
What if they decide the company is worth more than what everyone offers! Then it is a reverse split instead. I know I will be sitting on a loss for sometime. Like the one guy I tried to catch a falling knife.
I think everyone that has bought on the wat down was hoping for a quick buck. Most if not all have only seen it sink farther!
Thank you, very well put! I believe Morgan and Stanley bought the Apollo stock. I do not think they would have bought a company going bankrupt.