lucky same thought as I had in attempting to read the 8-K.... and it appears that there are many punitive interest rates depending on certain leverage ratios ....looks like they barely made it to the end of quarter...run-up at EOD was probably shorting. CC will be interesting
Looks like they refinanced some debt ,issued some warrants, seems like more financial shenanigans....couldn't read this all but was done a few days ago 3/26 hummm don't know what this means...
everything I read it was supposed to be 9AM EDT...but no announcement as of 9:13.... so you must be right after the bell today.
you do not want this stock to go to 21 because you might as well wait till 19 if it breaks 21 or 21.50 for that matter....21 would be another breakdown....move your buy up ...you will be happier
we could churn here for a while...like until an approval. So we will trade up and down, but for sure a lot of people exited this stock after a great run and won't be back until we get some clarification. So day traders will rule...just pick up stock at good prices...may be some time before we get out of this funk.
we will see if the transition from paying for the oil to just getting a collection fee will work. I pay someone to remove waste oil from my facility... so I suppose if they get the product for free is anyone buying it and will the fees offset the revenue from selling the used product?
excellent overview mypost.....I believe the takedown was also profit taking that turned into a rout after it became "in play"....we are started to base here and almost all sellers have dried up...that said it appears that it is still a daytrading darling ....
MM pulled the bid trying to get some sellers....don't think it will go below 5...lots of stock to buy before that...we should get some covering here.
I wonder if some of the problem with this stock is the confusion of similar names as well as the recent acquisition of Atlas. I had a very hard time trying to figure out who owns what.
look you remember what happened two years ago when rates started moving up these REITs are going to get crushed again...just like today..yeah keep buying...