It would make a significant difference in the number of shares left in the float - granted total value is not effected. the total number of shares in the float could affect the average volume and liquidity of trading. - It's a pretty small cap / micro cap stock now. - Having only 2 MM shares would probably make trading very thin and less liquid. - But it could make it possible for small funds to buy in if the share price got over $5 .....(If)
It would seem that their is some value to be unleashed here. What is holding these guys back from making money and having the stock turn into a five bagger?
You may be on to something - I believe there is some Alibaba money behind MOMO - - There will soon be much more Alibaba money floating around after their first lock up expires. - With the relatively small market cap of DATE it would be a nice pick-up. - A good place to start building out a platform. - I agree $8 or more will have to be the price. - I would say $9 to $10 is possible. (much of the deal can be financed with DATES own cash)
DRYS vs SB - which one would you buy right now? Why? - Which of these would you be selling now? - Why? -and finally do you see any consolidation in the shipping market soon -like what happened in the airline and railroad industries over the past 5-10 years?
You are right. Very hard to have perfect timing. - Look for a value that you good about and pull the trigger. - works both on the way up and down. -
All five of your points would need to "hit" to pick up a buck from each one...driving the price of the stock up five $5 to $6. - Possible but not too likely. - However if you assign a 20% probability to each (reasonable) one you still get an expected value of +$1. or a doubling of the share price to $2. -- The question is why hasn't the market given any of those possibilities any love? - In fact the stock is down since the conference call. - Could it be due to lack of trust? - What can the company do to change that perception in the market? - Looks like a screaming buy here -but the market is not in concurrence.
Sentiment: Strong Buy
What do you think of SB vs DRY? Do you view SB as a better investment right now? - Is the whole shipping category "underwater" for some time ? - Or do you see a bounce back within the next year? Lots of assets can be bought cheaply now - but ...if they are not making money and more are coming "on board" in the next couple of years...? What are your thoughts?
Special Committee to "study private takeover bid" - Not much in the way of public comment. The board should publicly state their intentions - soon. - What do you think?