How many votes do they need ? 50.01% ?
They can often get that just because a good chunk of the street goes along with whatever the board recommends.
I haven't read the filings or the background yet.
Need to. But its a small position and Im lazy.
Dennis Calvert & BLGO are magic. They make your money disappear. $64.5 million over 12 years.
Seems like it was 91 cents just a week or two ago ?
The average is 75 cents.
For me, less than $1 would be a disappointment. And I think blowout earnings are possible.
Avg. Estimate -0.13 0.56 0.38 0.75
No. of Analysts 4.00 4.00 5.00 5.00
Low Estimate -0.17 0.50 0.34 0.60
High Estimate -0.10 0.60 0.43 0.87
Year Ago EPS -0.23 0.45 0.01 0.38
How many other people who are up 35 times their money do you give tongue lashings to ?
It sounds to me as if you are SO desperate to be right that you are attacking anyone that gets in your way.
Id never heard of the stock so you get credit for getting me involved. At $4, then it fell to 50 cents.
Im pleased that they have turned the company around and could be poised to grow it in a year or two.
The stock would probably be $22+ right now if they had announced a rapid growth strategy. Instead, he is taking this slow and doing it right.
I have a lot of respect for Mr Rouleau and he sure doesn't deserve your unwarranted attacks because you should and shorted to soon.
Im with you. I could care less if these patsies lose their money. A scammer getting it is what bothers me and that's exactly whats going to happen.
But, as also noted previously, it seems unlikely there are many kool-aid drinkers out there. We have those involved in the scam touting the stock hoping to lure an idiot with some real cash.
What they don't know is the odds at a casino, while bad, are 100 times greater than investing with a proven scamster.
Is charliedaubitz just an idiot or is he part of the scam ? There are only 2 options.
afterhours trading is meaningless and can easily be manipulated.
12+ years ago I owned one that was being manipulated every day after hours for about 2 weeks. I sold small amounts afterhours and then bought back the next day at regular prices.
I think at the time I was using Datek, a broker who let you place GTC orders for both regular and extended hours.
My current broker does not allow that. I can place afterhours orders but only day orders.
The scammers ended up getting caught & their hand slapped by the SEC. Apparently the price increase attracted buyers and they sold into it. I was just a lucky benefactor.
See :Complaint: SEC v. Kin H. Lee
Well, you can buy more or buy rights to buy more at $250.
Im guessing some fund managers are doing some unethical things here.
Isnt the offering roughly 20% of the total share count ?
So 12.3% of the float is not a huge amount given that one can short about however many they are going to be able to buy at $250 without risk.
Buy the stock. Please.
Put every dime you can get your hands on & buy all you can.
The more you spend, the more expensive your education will be.
I don't care you if you believe me or not.
I just believe that you are an idiot, a liar and/or a criminal stock tout.
Maybe you just like buying scam stocks at 40 times revenues.
Free market. Go for it.
He was touting his buying of MANN at $11.02 and its $7ish now. So he has a history of either really bad timing and/or criminal stock touting.
. i added 7700 @ 11.02 a bit higher than today, but I'm confident Mann appraises his company at least 10billion
They already have a pre-done deal. So instead of offering $4.75, they offer $4.30, get sued, on purpose, and then increase their offer by 15 cents and still get the company at a bargain.
What I don't understand is how the court decides which #$%$ firm gets how much in fees.
I just looked back and my cost basis on my remaining shares is 92 cents. from 2008.
I still think mgmt & the board here are criminally incompetent.
They wont have to cover if they are covering in the rights offering.
So if you hold 100 shares, and short 20, you are just locking in the gain on the 20 shares.
Therefore, you would not have to come out of pocket to cover.
Please ignore the stalkers, trolls & idiots.
If you don't do anything, you lose value.
And apparently we have posters here that think $22 is equal to zero.
And also that $60-120 is equal to $359.
Must be new troll math.
I put my instructions in to subscribe & oversubscribe.
Last year, I waited until the next day, the 12th to subscribe and while I got in on time, they said it was on a best efforts basis.