What I found interesting about the run-up to $1.22 upon opening today was that it was a vastly inflated purchase - Apparently a single trade - and a minimal purchase of 455 shares; it smacks of manipulation but I hope it's a positive move toward improving valuation.
It seems to me that the UV resistance of the backsheet could probably be utilized in other products such as outdoor furniture, hose reels, and other items that have limited life due to deterioration from exposure to sunlight. Surely I'm not the first person to think of this; I've been invested in BSRC 2-1/2 years so holding on seems my only option at this point and if it goes belly-up I'll have lost about $800 so it's a long shot now despite seeming enticing when I bought it with "found" money in my brokerage account. I've made better choices and worse but this seems to have so much promise for more than the intended purpose.
I've been pleased with the growth in value of JAH but what happened to quarterly dividents? The last dividend paid was December of 2011; I must confess ignorance in the world of high finance but I'd gotten used to those little payouts!
Not the worse plan I've ever heard of or participated in; I'm in for all I intend to be though. I think it's a bunch of good ol' boys running a scam and will eventually turn belly up. Meanwhile, they're dreaming up the next one! There's a slim chance it'll pay off but mighty slim.
I see it went up 17.6% today! That sounds pretty impressive but it still stinks; I'll take the "Fish" moniker because a silver-tongued investment counselor talked me into the original investment and I backed up the bad judgment by buying in again at 0.12-3/4; I may need my head examined but, like I said, it's a small percentage of my total investments and I felt like putting a bet on a long shot. There are still suckers getting in the market and some of them could conceivably drive the price up to about 25 cents and get me out with a profit-Not outside the realm of possibility! It ain't the first OR last bad decision on my part. I'm in for about $2,500 so, while that's a nice chunk of change, it's not gonna break me. Still, I wish that broker had it broke off in some unmentionable orifice!
Thanks for all the opinions though; it is still what it is and I'm pretty stubborn about my gambles and hunches. Wasn't today a nice day though? I made enough on today's increases over Friday's close to make up that one bad investment - On paper, that is! I'm pretty well holding on to everything for the time being and looking for signs to get out of a few equities and look around for the next winner. Check out JAH and EVX!
If people were wondering and confused by the sudden loss following today's open then there should be some heads exploding just about now! All I can come up with is some individual had to do a forced sale and then some other individual decided to try and load up on a perceived bargain price. Me? I bought it many years ago and decided to hold on to what I have because it's such a small part of my total holdings; I still have some hopes for the future - Think of the bragging rights if it takes off!
Sell to whom?
Now I've got to try and find someone more gullible than I was; lotsa luck! I'm just going to hang on to it on the exceptionally lucky chance it's not as criminal as it appears to be. I wonder if they ever have stockholders meetings? Fortunately, I didn't put any more into it than I could afford to gamble away at a casino although I'd probably have done better at a casino; at least I'd have stopped for a good buffet meal which is not available with this bunch of scam artists!
I'm lost on this dividend!!! I've got 120 shares and I got $22.80 dividend, one share of stock, and then followed by $8.97 "Cash in lieu". My Excel melted down when I ran the numbers through it; could someone please explain to me what happened? I called my broker (ha!) and he said they probably gave me a share of stock and cash for partial shares. On 120 shares (121 now) I got a total of about $65 in the madness - Well above the $.32.93333 suggested by dar200; I'm not sure of the closing price or share value at time of dividend declaration. I'm still bullish on the stock and waiting to see if it breaks down $29 - At which point I'll probably buy some more, averaging down to $26. At $26 I'll hold and re-evaluate. I'm not a big player but had some money in a fund I had to invest to defray taxes
I did about the same, buying 960 shares at $1.24 but thought it would be a long shot that would prove profitable only if we got into an international situation that would make U.S. production valuable. I watched it nose-dive taking my modest investment of about $1,200 with it; then I looked at my original strategy and bought another 10,000 shares at $0.12, effectively doubling my investment. It was a gamble in the first case but a more attractive gamble in the second case. If there were a casino within 30 minutes of here, I'd probably have invested it there. I'm still up in the long run though. What's life without the occasional gamble? Think of the bragging rights IF... IF it ever makes it back to anywhere near a dollar!
I bought SCCO a few months back and a couple of questions come to mind: How long does one have to own the stock to receive the dividend and when does the dividend actually pay? I'm still looking at my brokerage account and the dividends haven't posted yet - August 30th.
I bought in a few days ago after watching for a while and then Peruvial politics jumped out of the bushes! I just wonder if and when scrap copper will hit the market hard enough to make a dent in mining? I'm a retired electrician and saved "Rabbit" from quite a few jobs I worked over the years and have begun "Liquidating my solid assets" in the past few weeks; it's amazing how much pocket change I've picked up selling something that would have otherwise have been thrown away! Right now it's selling for about the same, pound per pound, as pork chops so I'm happy for a while.
It's all a mystery to me but I'm guessing it was a lot of profit taking. I'd love to be able to find out the block size of the trades. I picked DLTR up about 22 months ago and was thinking about selling but the news release of a rosy future made me decide to hold on.
It'll come back and should pass through 60 within 3 months, I believe.
POTENTIALLY Lithium deposits in the United States could prove extremely valuable int the intermediate future given the present world political situation. I've seen better-run companies though.
This sounds like the best advice I've heard in quite a spell! I bought it back when it was $1.06, looked around for somebody to kick my butt for me, and had second thoughts enough to pick up 6,000 shares at $0.24 when I fell into some "found money" so I'm sitting on 6,960 shares with a total investment of about $2650 and holding on hoping for the best. I haven't looked to see what the moon phases were though. It's got to hit about $0.40 to break even including brokerage; it's a small percentage of my holdings though and could turn out to be a high-profit speculation; at the worse I'm out about $3,000 and that won't kill me!
I just bought quite a few shares at $.38 and it promptly went down to .34. However, I'm thinking about buying more. I view this as a real money-maker in a few years; perhaps months. Actually I never would have taken investment capital to buy it but I ran into some "found" money I didn't realize I had and figured this was cheaper than burning gas going to a casino (sly grin).