$15.6 Billion valuation for $740 million in next years earnings...just stupid...the stock is up on a big short squeeze from $65.....sell
What is happening..the stock was just $3.60 now its $2.90 and falling fast????Oh no wait..its good that they delayed earnings for no stated reason........it will be back to $4 I guess soon......or $1
The company announced that it is delaying reporting its quarterly earnings with no new date announced for the actual reporting...that is never a good thing. The fact the stock has gone straight up on large volume since then is the persistent rumors that the company is in play. Something strange is going on thats for sure.
TSla is a great innovative company that will do $5 billion in sales next year and is selling at a $30 Billion valuation.....while Ford is doing $140 Billion in sales and selling at $60 Billion valuation........just stupid to buy....its not a software company.........Its a cult stock and short squeeze....
no revenue and earnings growth....bloated no growth company..no upside for years
Stupid to invest in TWTR at this price....
To create a Q&A press release to talk about the weak POTASH market just demonstrates these jokers ignorance. What a waste of time. Who doesn't know the industry is weak. They have cost every person who has ever bought this stock money. They are all fools and will go BK sooner than later.
short with immunity....
The idiots in management positions and on the Board are incompetent thieves and have diluted shareholders with preposterous rights offerings and secondaries with warrants etc.....
The karlsson group will walk away with over $30 million and still retain every acre of property...I tried to get a large class action law firm to go after PGRX and its bankers and they dont want to waste their time....Worst company in the last 50 years.
Not when they raise $5 million at .12 cents a share and pay investment bankers $1.5 million of the proceeds as fees and attach warrants....complete jokers..wasting money and killing shareholders. They spent $5k on lunch....and got nothing for it.
$150 per person for lunch at 21 club and stock went down and no new funds raised....5 cents on way..no t one shareholder has made money on this stock
they spent half the proceeds from secondary offering on lunch.....dumb
do your homework before saying anything. There were 72 million shares outstanding at the end of 2012 over 50 million warrants exercisable above $1.75 that will never get there. They raised $5 million at .12 cents or 41.6 million shares with additional warrants exercisable for three years at 12 cents for another 41.6 million. They allowed very hungrary LLC to convert their $5 million into shares at 12 cents with an additional warrant for 5 years at again 12 cents. That alone is an additional 168 million shares. on top of that they gave the Karlsson group warrants to buy close to 150 million shares below 20 cents...and management has another 50 million options....In addition they need $1 billion to build mine and another $100 million for expenses...more dilution
managment is as dumb as they come..directors a greedy and stupid as you will find...
I havent sold a share..but at the same time management and board are the dumbest people i have seen in this business for 25 years. Im waiting until this company goes bankrupt and another company is reversed merged into it and my shares may gwt back to 35 cents one day....anything else is a joke with all the shares outstanding and dilution...mangement stole and raped every shaeholder