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And if 2014 revenue numbers turn out to be 200 million+, then 5x sales amounts to $1.00. The past is not what investors are looking at, it's the future.
Isn't this a bit concerning? Of course, it is the WSJ which is biased against FNMA.
http://finance.yahoo.com/news/jpmorgan-deal-doj-could-collapse-172841087.html
Hilarious post! The star post of the evening, keeping it above the belt.
That said, the Daily Ticker, the WSJ, and likely other news outlets seem to bashing FNMA and FMCC tonight.
http://finance.yahoo.com/blogs/daily-ticker/fannie-freddie-were-helpless-victims-big-banks-really-172542510.html
I believe this has been mentioned before but FNMAS is up over 6% today! ????
To be honest, I think you rely too much on resistance points. But, we will see. I'm all for a close of 1.65+
Smoking POT DOES NOT cause lung cancer
http://www.addictinginfo.org/2013/05/15/study-smoking-pot-cause-lung-cancer/
Given all that is happening in favor of FNMA, I'd think it'd be much more dangerous to remain short over the weekend than long.
I imagine there will be a lot of focus on FNMA this weekend, particularly if Reed's bill comes out.
That gives a $40 per share earnings not a $40 per share price. At a traditional P/E of 14 that would be $640/share!
It does seem that this is a particularly dangerous short. It's cost one hedge fund a considerable amount so far and you're right that it could blow up in their face one day. As a long, the risk is what you've invested. As a short, it's a hell of a lot more. I would think that anyone short this stock might be thinking it's time to get out before Reed's bill gets some attention.
I did. So, yes.
That's the funniest thing I've read in some time.
How many shares outstanding did that company have? A share price of $215 is meaningless in and of itself. Get real.
You need to return to the real world. A 200 billion market cap. Only a few companies are valued at that.
From CNBC
As a point of perspective, 95 percent of Standard and Poor’s 500 companies have a market cap below $100 billion.
I certainly hope he loses everything. If there is any justice in the world, he should. Scumbag doesn't even come close to describing him imo.
If the SEC and the markets hope to ever have any credibility, operations like Tytan should never be able to incorporate or sell stock to the public. Tytan, unfortunately, is just one more scam operation of many.
I love MJNA and want the pps to increase but this will never be a 50 Billion dollar company ($50/share). I'd like to see $1 or $2
WOW! someone knows how to put up a cheesy website with links to message boards.
I agree with you MJNA-Yep. This idea that the outstanding shares are 5B is absolute nonsense and speaks volumes about those posting such nonsense.
Jimmy - do you mean to say O/S? What exactly did the company tell you?
5MM would impress me as well and I don't expect to be impressed even though I'm long this stock. 5MM word of mouth seems like a lot to expect.
How'd that work out?
Let's see. It closed at .22 on Feb 21. It then rose to .33 by the "I sure it will close below .15" by the mid-week the following week. It did not close below .22 for another two months (April 24). Seems your predictions don't mean much.
I guess it's not just my opinion. Mark Leonard is a fraud - let's hope he's held accountable for his lies.
Wow - why are people still here? It's obvious what Tytan is and was. A fabrication, a stock scam, of course, that's just my opinion but it would seem that time has shown it to be just that.
Coming back every three months and nothing has changed. Nothing will until Mark can't fleece any more funds to keep the operation going. Tytan has never been nor will it ever be self-sustaining.
How could it be with 0 tractor sales at a major AG event.
Wow - that's the sign of a healthy company - trying to develop cash flow from those questioning (with good intent) the deceitful behavior of the lemon. Truly pathetic.
WOW
in the past three months, less than 1 million shares have traded, with 33 days of no volume. So 3 months and less than $10,000 in shares traded.
That's about as flatlined as you can get.
Good job Lemonhead. What a disaster.
I certainly hope the BOD and the CEO will be facing numerous lawsuits for their failure to close the previous deal with Wanxiang and to have Wanxiang purchase it three months later for less than half of what they were offering in August.
Looks relevant as does the date. Overall, the auction appears to have created a very elegant solution for the military contracts.
I think you're probably correct.
This from Nov 12, 2012
Palladium Energy Acquires MicroSun Technologies,
Forming an Industry Powerhouse
By merging these two Chicago-based companies, Palladium is now
the largest battery pack integrator in the Americas and Europe
http://www.microsuntech.com/palladium.html
Wow!
Any link available?
a lot of symbolism going on
bid 0.0666
ask 0.069
does it mean we get screwed by the devil?
What is your prediction based on?
Remember that NEC and Siemens showed up to the auction. Also, shareholders' equity is 140 million in yesterday's release amounting to a share price of 0.445 (140/314) and that gives no value to the patents or contracts.
It's unclear to me how the judge could allow this to be sold for less than the assets listed 5511 million and my guess is that it will sell for more.
"If you are a holder of an equity interest in the Debtors, you need not file a proof of interest with respect to the
ownership of such equity interest at this time."
My impression is that this would be fairly standard - our proof of claim is our shares.
The auction appears to be ongoing, which seems to be a big positive.
I'm thinking everyone went home knowing where they stand and what they'll need to do to be competitive in the bidding process.
The hearing could be re-scheduled if the bidding process goes on for more than two days.
Haven't we already done the analysis and taken the risk? It's now out of our hands as far as I can tell.
I did like the Reuters article today.
how can you be all in if you posted earlier that you were out? That's the question.
I don't think there is an answer to your question. There was never any confirmation of that bid amount - just speculation based on an unidentified source by the WSJ. I question whether that was ever a bid by Wanx.
please - this is a message board. If you expect mannered behavior, you're in the wrong place.
if you truly believe that, sell and move on.