Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Nothing new here, but it's always good to review where we are just now.
Keep in mind, that there are many brokers who won't allow their customers buy or sell this stock because its OTC-status, new sec-rules etc etc. But when merger is completed, then you can sell this again, on Nasdaq of course.
Just before when this huge RS is supposed to happen, which will wipe out all longtime shareholders.
I smell something, although not sure what that smell is and where it comes from.
Maybe some shady snake oil salesman would do that, but it's hard to believe that a successful businessman with proven track record would do that kind of fraud. And how would he grow the company, stock markets are right place to raise some money and grow the business to the next level. And when the business success then biggest shareholders gets fatter too.
I would still like to think that there is a bigger plan and vision on the background how to develop this company. Its execution takes its own time, which can be a very frustrating for us, the shareholders.
Maybe after seven bad/lean years it's finally time for seven good/fat (fiscal) years.
Shouldn't be drinking morning coffee while reading these posts, now I have to clean my screen. Thanks! I hope he wasn't Mr. Fernandez, you'd think he'd have better things to do than post on ihub all day long.
In my books, this is still a start up company and what I have noticed, usually share price of this kind of companies variates very strongly, from ath down to -60, -70 even -90%.
And it seems that this is no exception, although of course we would hope otherwise.
However, after the merger the company has a nice revenue stream and cash position, so it's only a matter of time when the market corrects the company's market cap to the right level.
And what I have noticed too is that growing your wealth requires quite a lot of patience. Especially in these times when we are facing a growing volatility in the stock markets.
In my mind, It's too early do a final judgement yet.
And don't put all eggs to the same basket.
I don't understand this talk about reverse split at all.
If we look at the numbers of the latest annual filings, aftert the merger, the new company has 28.5 M shares and a total of 26 M in cash. So the share price should be then about 0,91. (26M/28.5M) So this without any kind of business or revenues at all.
Then the combined revenues after the merger, total (47.9 M RXMD + 37.7 M NXPL) = 85.6 Million dollars.
There are many different ways to estimate a company's market value, but here is one.
(85.6M x 0.25 x 15)/28.5M = 11.26 (share price) + cash = 11.26 + 0.91 = 12.17
I have understood that on Nasdaq (or NYSE) the company's market value is measured much more efficiently than here in OTC markets. Of course, if they intend to raise money by selling shares, then that causes obvious dilution.
If I were in charge, I wouldn't do it right away, but when the company's market value is right.
So, what am I missing when you guys keep talking on RS? Maybe my numbers are way off, so please correct me.
RK might be some kind of frontman in much bigger plan. Whatever happens to GME and AMC, it's an controlled event. Not sure if this is right, but there is always this kind of possibility. Take a look at this.
"In the coming decades, the owners of big capital will bring down the world's economic system because it does not generate enough profit, claims world order theorist Immanuel Wallerstein, 77, who spoke in Helsinki on Wednesday.
According to the American Wallerstein, the struggle for the next world order is already underway."
- Helsingin Sanomat, 9 March 2008
Part II
It isn't over until it is. Remember, historically gold/silver ratio has been 16 to 1 or so and right now it's around 80. (1920/24 = 80) So there is plenty of room to silver to go up. And gold is rising too.
(Zoom All)
https://www.longtermtrends.net/gold-silver-ratio/
According on this source*) the average market capitalization of AMC between 2013-2018 was about 2.3 billion. Don’t know the exact os count after RS, but it should be some where around 140-150M or something like that. Then we need add an extra 25 M shares because of dilution.
175M x 19,5 = 3.4 billion, so at this point I wouldn't be surprised if this is going down to 10-15 dollars, unless something surprising happens?
175M x 13 = 2.28 billion.
*) https://companiesmarketcap.com/amc-entertainment/marketcap/
Yes, There are some new revenue streams but I don't know if they are that significant.
And that's exactly why RS is needed, so AA can raise more money to reduce the short term debt.
In the balance sheet, short-term debt is 1.55 billion and the company has only 435 M dollars in cash so it's necessary to raise more cash.
Yes, it causes dilution, but it's only way the company can survive. And when the company has paid off its debt or at least short term debt, potential short-sellers are in very big trouble. It's that simple.
AA has been very consistent and honest when reporting on the company's situation.
Don't know how official this source is, but according to it Mr Ferdandez owns shares followingly:
If you look at this chart very closely you will find out that in 2018 RXMD went from .02 to over .04 in just three days. And that was over 100% move up. Then it came back down almost 40% before it started to skyrocket. So almost every time when there is that kind of big move up stock comes down and settles a while. It's called consolidation which takes a "few" days.
We just had a nice 80% move up in one day so now we are facing some consolidation. And this kind of consolidation is healhty for any stock. We will have our run, propably in next couple of weeks, it could start even today.
I don't know how accurate this prediction is, but what I do know is that those boomers are coming to the age where they need more and more health care services and looks like remote patient monitoring is one of key areas of our business model.
I would like to think our small (for now) company is quite well positioned and prepared what is ahead. I mean people are getting older and older and therefore health care industry is one of the super cycles in the near future. And e-health is the way how we (society) can handle that situation cost effectively. Imo.
If you want lock up your shares (APE), put the sell order as high as possible, I mean something astronomical. My understanding is, then those shares can’t be borrowed to shorts. I use stop loss function (kind of reverse), but there are different ways of doing it depending on what broker you are dealing with.
Ps. I can't buy APE, just selling is possible.
Like they said on Trey's latest video (Trey and Biggums), the bottom line is, if APE fails then AMC fails and that means definitely no squeeze or moass and those hedge funds who are (naked/illegal?) shorting AMC can celebrate big time.
Imo that’s why they are shorting APE so hard and that’s why those influencers or some youtubers or what ever, are pushing on the idea, that retail should sell their apes.
Many people have seen this before, but just a small reminder. Let's not forget the volkswagen case in 2008, or squeeze and especially what happened just before it took off.
Stock went down pretty dramatically, from 400 euros to 200 and shortly after that it spiked to almost 1000 euros.
Some influencers are trying to convince their followers that they should also sell their AMC Preferred Equity Units (APEs) when I (the utuber) sold mine.
I find it strange, very strange.
Ok, this is just a thought, maybe it's silly, don't know.
So when APE and AMC common stock are equal (they have the same PPS), then comes the dilution and both APE and common stock will decline because of that. And that small gap around 4,5 dollars (AMC common stock, Daily Chart) will be filled. PPS (common and APE) could be even lower at this point.
And when the dilution is over and the company has raised money, the debt is being paid off, APE and common stock will be combined as a one stock.
And if you have more common shares than APEs, then they're considered as a synthetic shares, or they are kind of extras.. (I don't know about his part, could it really go this way, little busy here so have to think this later..)
Only then we could see the MOASS?
So don't do anything, just wait and be patient?
Not a bad DD at all, explains also why T+0 settlement is so important.
Ok, now that's interesting hypothesis. And I was using wrong terminology regarding APE. Potential squeeze/MOASS can only happen with AMC common stock, not with APE, althought price of APE can definitely climb as you discribet. IMO. (That was my point in my earlier post..)
However, there is one "tuber" who have said that next week is The week, and he is out after next friday or monday/tuesday after that, no matter of what. So that kind of bold statement raises certainly my eyebrown, let's put it that way.
But everyone has their own tactic and that's more than ok.
Interesting few weeks ahead anyways, who will make a buck or two when the music stops..
There are atleast three AMC influencers who are all pushing the idea that APE is trash and nothing else but just trash. I don't share that kind of view at all.
I think that AA and his team made a brilliant move that will make eventually everybody happy. But we will see SOON how this whole thing is going to be played.
Nothing is 100% sure.
There are some interesting speculations on comments, for example this one from username newfront:
I think it's a kind of backup or insurance that the squeeze or should I say wealth transfer will happen. I mean, if anything else isn't working, then they let the precious metals to fly which causes the MOASS.
Do you guys and gals really understand why AMC bought a gold and silver mine? I think you can find the answer from this video.
This SEC news is very significant, one big goal achieved. This should attract more experienced investors and maybe even few whales to invest in this company. RS is not a an issue, but if you do not understand it, then buy later and pay more.
Definitely a screaming buy. In 2018, the market cap peaked at over 90 million, while the OS was 352 million and revenues were about 20 M. Now we have a revenue of 40 million, OS count 545 M, and the market cap righ now is ONLY about 20 million.
So my math is next: (Of course, there are several ways to determine the value of a company, this is just one of them.)
2018: (20 M x 0,26 x 18)/353 M= 0,265 (share price)
2022: (40 M x 0,26 x 18)/545 M = 0,34
You can use your own multipliers, but those what I used should be quite decent.
And if we get more good news, pps can definitely peak over 34 cents.
Good luck to all of us, including fatM.
My intention yesterday was to write about my suspicion that Fat's group is the wife and children and their accounts that Fat controls to manipulate the course of this company. But then I decided not to post it, until now when Fat admitted at least part of my suspicion. Market manipulation is a criminal activity.
Someone may be in big trouble.
And that's where the "billion dollar company in 5 years" comes from? I think they have a clear visio and they are executing it right now.. Go big or go home.
Good news keeps coming, excellent! So undervalued here, this should be way over ten cents. CEO and CFO bought also (used their own money), so this is no brainer to buy at these incredible low levels.
https://www.sec.gov/Archives/edgar/data/1402945/000121390021067267/xslF345X03/ownership.xml
Next year will be epic, I'm pretty confident. Merry christmas For everyone!
Hope my url is working right. I think we are breaking out and up from that (green) triangle, it's usually very bullish sign. And take a look that nice accumulation too!!
RXMD chart here:
https://ibb.co/6tkCLCz