Pretty much, the prolific true believers went off to a blog long ago because they could not deal with the hard questions on an open discussion board. Jimmy still lets out information though, sometimes on REGF. Thanks to Jimmy, the rest is a closed door.
I have been in Vanguard for decades and always impressed with the low overhead and variety, but the truth is for me that the Star fund is a clunker for retirement. It has hung around the low-mid twenties forever it seems,
how many years will it take for this to pay off? Annuities have been just as good and guaranteed through the
2008 crash. Love the company, results are a shrug.
My My so sensitive, now down 25% from the r/s price......instead of up 25% from all that interest generated for institutional investors after the r/s. Never happened. You did not predict that at all, in any event I suppose an actual 25% collapse is of no significance to you.....but it is a lot more than you imagined and a major financial loss for anyone holding long. Can't argue against the hard facts, kids, the shareprice is what it is.
As you well know, I was describing the well known (or should be well known) fate of an r/s when it is declared
absent the upside financial performance, and shareprice falls and is subjected to more shorting. The excuse is to attract new institutional buyers to hold the price up and contribute to shareholder value. However the price has dropped, substantially, as predicted, rather than risen on all that market demand that did not happen. Staying down is not volatility. In my opinion, they were too early with the r/s, and may turn out they did not need one, which hurts longs. Insider shareholders do not really share your fate (unless you are one?) because if their sharecount drops, they can always grant themselves new subscription rights. I am actually long on the stock but have protected the downside. I hope they come up with another Biogen experience for shareholders, but that will require another kind of stock split (I bought Biogen at $7 several splits ago) so I can afford to dabble and have. Your problem, sonny, is that you are in love with the idea of her, rather than the woman herself, so to speak. Calm down. It is better to be lucky than smart, and in your case, indispensable...
Sense of humor please.
I agree we were looking and hoping for 30's to be the bottom after the crash, then comes along the class action suit and related quality issues. I wonder if on July 30 someone is going to put a reserve on this because it seems to be hanging over any potential comeback and the much needed financial performance improvement..
Reverse splits rarely work to shareholder advantage, because they do not change the weak fundamentals but create a downside bonanza for shorts, so unless there is actual performance in hard numbers on top of the r/s, expect the shareprice to fall right back down. The consequence is that you own a fraction of your old sharecount, at a lower price. It is called being washed out. Insiders simply issue themselves new subscription rights for new shares, that which you will never see. Everybody knows this.
You may be right, and we are near the bottom but there is still plenty of downside. I would like to see it bump thirty and rebound, the industry has legs and this company is not new to the business. The crash end on some decent numbers coming out.
Ah heck, we are still under the R/S price by 18% following the update yesterday....no big negatives, either, and we were told by the kids that the floor was $3.65, however does one explain that? Happy talk. Eagerness. Inexperience?
Solid report going forward no notable negatives, for that should see some upward movement tomorrow for long investors.
So what's it gonna be, a pop up following today's last minute update? Should be, but it won't hold without some hard news. Let's see it at least at the r/s number with upside, rather than diminishing trading range
(whatever did happen to that $3.65 floor?)
I am not sure that the net book value of a company with cash and a futuristic product in a futuristic industry
defines the investment strategy at thirty four dollars, given the share price record. What is the upside, the risk reward. Is there something here beyond the math?
I was wondering if anyone had noticed the announcements about the acquisition and the sales channel through Walmart, because there is no reaction at all in the market. Basically, what is going on here? This is on my buy list at $34 so looks like that is pretty iffy. Thanks in advance for anyone who might fill in the gaps.