No worries. I believe $18 is in our future. Might take a couple years.
Money markets pay around 1%. 18 Month CD is 1.4%. 60 month CD about 2.05%.
RCKY yields 3.86% so if we only get the dividend for 5 years, that beats a CD.
Closed at 34.1 cents.
There will always be big open market dumping because they always sells shares below market.
Buy in private placements, sell in the open market. Rinse & repeat. 14 years of it.
Only suckers pay retail.
Anger ? Ive watched these guys mislead people for 14 straight years.
I will short it if it goes to $1. I don't think it ever will.
In fact, I wager they never earn a dime in the next 6 years. That will make it 20 consecutive years of failure.
When he passes, he can hand the reins over to his son. Why work when you can fabricate technologies ? (In my opinion, they have nothing of value)
I suspect this one will be too.
Immaterial= not requiring an 8k. But, even an 8k doesn't make it material.
This is yet another full of sound & fury signifying nothing.
14 consecutive years of massive losses and 14 consecutive years of a GOING CONCERN CLAUSE.
SMH at the regulation.
Yields nearly 10% however, they aren't making money. But they have enough cash to pay dividends for 3-4 years anyway. And hopefully by then maybe the company will be sold or something.
More upside than LOAN.
They are just here to scam you.
Go ahead, buy the stock. Wont hurt my feelings.
I could cash out of another 10% over a year. Probably need to rid myself of this chronic underperfomer.
The 33.9% in the tender is a nice start.
Actually, since my position was removed, I tendered the entire amount and my broker bought the fractional shares automatically, that leaves me with no remaining shares....for now. Which suggests I will need to turn back on the DRIP.
Lots of people didn't tender, that means more for the rest of us.
Very pleased if that ratio remains the same.
Hopefully, the two follow on tenders 6 and 12 months from now will keep the discount from going to 14%+ again for some time.
Good lesson for negligent boards who do nothing to address large persistent discounts to NAV.
That's about $480 a share, isn't it ? Roughly. Hard to see it going there in the near term.
His buying is almost certainly limited to a certain % of the average daily volume. And that changes.
I hadn't even considered the 1 billion market cap thing
Mostly I play in much smaller stocks.
Last time, we got a 19% move from start to finish. If we get that again, starting at $370, we could be looking at $440. Of course, he could designate a price at which he isn't willing to buy more too.
Id be happy if we get to $425 and stay there.