RAVEs hope might be is for MOD to go public at a sky high valuation, and then buy RAVE for stock rather than compete.
Are you just fabricating things ? Its not a 13d, it doesn't give purchase prices.
Besides, Ackman is a really smart guy and he liked it at higher levels..
Nobody bats 1000.
This board has apparently attracted. Yahoos ignore feature works well.
Im speaking of hwptg & a half dozen others like him.
I suspect we have forgotten more about investing then they will ever know.
Go away & count your money. We don't care about your need to feel smarter than everyone else.
I have you & others on ignore.
There are thousands of total scams that you can save people from.
SO has paid a dividend since 1949. Its not a scam. The majority of us own it for the long term.
The last thing we need is some wannabe day traders with overinflated egos pretending they are smarter than the rest of us.
That said, I might peel off a portion on continued strength but my core holdings are going to be here for probably as long as I am alive.
Income investors don't want or need daytrader-like tendencies.
you are right. I missed that. 160,000 shares. So potentially a $3+ million loss from yesterday alone.
One of them has proven to be worthless and I think the other one should be.
14 years, no profit, almost no revenue, heavy losses. Changing businesses.
One of my concerns is he cranks up the annual rights offerings in an effort to get even more capital.
I really wish he would stop that. Its not fair for small shareholders because we cant economically sell our rights and I don't want to have to buy shares every year no matter what because he is an out of control ego maniac.
Its hard to argue with someone who always says intrinsic value is growing even as shareholder value continues to decline. He has blew thru $39 million in losses on Maxim so far. Not including what he paid for it.
While we wait we get 10 cent semi annual dividends.
Now, he is pumping BLGO. Make of that what you want.
And its stock is worthless.
Yes, listen to this guy !
I bought twice. at $1.53 and later at $1.22
Got 2 dividends on my first buy...on 10/7 and 12/10. Why aren't they 3 months apart ?
And what was the deal with extending the dividend date so insiders could buy a block of shares ?
The dividend doesn't assure the cash is real, the JAWS scam paid a $1 million dividend to prove they were real. The SEC called it a Ponzi scheme within a fraud.
Although with the top and bottom line losses this company has had for years, you would think they would fake better numbers if it was a fraud.
A mgmt.led buyout at a lowball price wouldn't surprise me.
The dividend record date has NOT been announced and this has been covered multiple times already.
If the distribution is what you care about, you will have plenty of notice in advance. Its not and never was the record date of the merger.