Cant he just leave her his fortune ?
The problem is, a lot of institutions or funds or whatever CANT hold liquidating trusts. So they have to sell before it becomes one. That might be what we are seeing now.
Do we fall to $9-10 before it goes dark ?
The cost to remain keeping it public & trading is very, very small compared to the marketcap here.
I want it to remain public & trading and for FUR to buy back shares if it makes sense,
No evidence he has ever chased the stock , is there ?
I think we might have attracted someone with more capital than us who decided to join us.
I have a high degree of confidence the shares will increase 60-80% over the next 2-3 years hopefully sooner.
(In responses to LTFs proclamation, again, that TUES is a piece of #$%$ and that he sold out despite apparently buying at higher prices. But at $4-4.50 it might not be a piece of #$%$)
So here we are 6 weeks later with the stock at $7.96.
I don't know what to say here other than I haven't sold but Im a lot less bullish at $7.96 than I was at $5.57.
I kind of wish I would have bought a lot more on the $5-5.50 range.
On Jan 7th, I gave you an alternative to BLGO, which I believe is massively overvalued.
On that day, RCKY was 10.39.
BLGO was 44 cents.
Now, RCKY is 13.40+ an 11 cent dividend= 13.51 or +30%
BLGO is 33 cents, down -25%
A 55% difference in 2 and a half months.
Ive demonstrated that BLGO spends heavily on pumping the stock and Ive proven at least 3 of the pumpers here also pumped MHCC to zero.
BLGO has a long history of what I consider grossly misleading press releases.
It pays heavily in shares and cash to tout the stock. None of the bullish posters here are even remotely credible.
I believe BLGOs entire purpose in its 14 years is to provide a cushy living for the insiders. That happens at the
expense of shareholders.
How many more years of failure do you need to see ?
How many more hundreds of thousands should be spent on hype ?
03/17/2016 P 10 A $ 367.6931 323
He spent $3677 on 10 shares increasing his position by 3.2%.
His last buy was 14 shares on 12/15/14 at 360.34
According to Bloomberg he gets about $75k a year in directors fees from bh.
So this is not a significant buy. But, I guess its better than a poke in the eye with a sharp stick.
These laughable brand new touts come on here. Its like the paid touts think everyone is stupid.
I can only hope the SEC is going after what I consider to be criminal conduct by these message board touts.
14 years of business failure. Unless you count selling stock as the actual business objective.
The stock price has been driven into the ground, but the insiders get cushy salaries for failure year after year.
And they have a history of failed business attempts & changing business models with the overall objective seemingly unchanged....to sell shares to the uninformed.
The amount they spent on paid touts is unconscionable.
But, it beats actually having to be accountable for 14 years of failure.
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.