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Where did Yahoo Ray go with his AI Sophie crunching algos to support his Tops promises to take all bulls to the land of milk and honey? Lol Looks like iHub has its own version of Ray, or one of his colleagues from the 7 seas of cheese? This board is stinky.
JP Morgan bought 2 MR2 tankers from tops. The Holmby and the Palm dessert
No 6k yet, but there are a couple news sources saying JP Morgan / US Buyer purchased (2) MR2 tankers for $35m each. The Holmby (50% owned) and Palm Dessert were sold. That’s just over $50m of cash. Mr P said a feed years ago that they would be cash positive in 2020. I wonder for how long lol
I am a shareholder here too - I am just having a hard time understanding the torque deal lol seems like they stole it
Can someone help me understand why anyone would sell their company to another company for shares that are 30x +/- more than current value?
2.5m shares x $0.03 = $75k. I get it.
2.5m shares x $0.0014 = $3.5k...
Am I missing something? Or, did Torque just sell there company for less than $10k based on the expectation of a dramatic future share increase? Seems crazy to me
Can someone help me understand why anyone would sell their company to another company for shares that are 30x +/- more than current value?
2.5m shares x $0.03 = $75k. I get it.
2.5m shares x $0.0014 = $3.5k...
Am I missing something? Or, did Torque just sell there company for less than $10k based on the expectation of a dramatic future share increase? Seems crazy to me.
Why would they start releasing quarterly’s now? They haven’t done it in YEARS.
I couldn’t agree with you more. The Nasdaq is full of POS stocks with levels of manipulation far greater than we see in stinky pinkies. Only exception for me, is if you do your DD and get in to a stock at the right time, going long and not messing around can work well too. FSDDF for example, I live next to it and I’ve been following it for 5+ years now. Nothing else is performing better or more efficiently (cost effective with a high ROI) than FSDDF / HUGE in my portfolio. Again, it’s a stinky pinky :)
Maybe they can turn the plant in to a concentrate / CBD processing plant lol jk hmmmm
Lol - I heard Antman showed up and bought a hot dog at the Canadian tire bear Bioamber... or was it a sausage? Hmmm
Flippers are going to buy at these prices and then sell off for beer money before the bell closes today.
This kinda sucks - next week sounds promising but at this moment... SUCKS
Actually... DRYS had a few spikes / scalp and day trade opportunities on the way down. So, smart people made money and smart people also knew it was an epic short squeeze - and not true share price valuation.
Those jacked up oil rigs he was getting in to in 2015... pretty sure that pipe dream ended. Still, he’s definitely interested in ‘oil’ niche related industries.
160k shares at an 0.0065 avg. not worried at all :)
They should add concessions on to the movie pass card - heck it’s bringing people in to the theatre. Give a 10-15% discount if you swipe with movie pass and kick back 1-2% to hmny (profit share)
What about the ‘revenue’ streams from selling ‘subs’ info? I just skimmed over your calcs, maybe I missed it. I believe they are getting an additional $4-$5 a subscriber, so revenue would be closer to 2.7m subscribers x $14.95 to $15.95 range
Google ‘Hmny sec filings’ look on Nasdaq
Two 8k’s released today. Read them. They own 92% of the outstanding shares (as of July 31)
No sec filings pertaining to dilution means no dilution
To get around the issue of owning moviepass - triton might be performing a hostile take over of hmny. Get on the board and fire Ted
All I know for certain is that they are not offering to buy BioAmber lol
I have no clue what Triton will offer.
Love the Star Wars reference at the end of the Triton video
To the Moon! Or, at least one night in Paris lol
I do believe that ‘traditional movie theatres’ are becoming dinosaurs. However, the next big development, designed to increase overall immersion and experience for the audience, such as virtual reality and artificial intelligence etc will need a space (such as the traditional theatre) for people to come and enjoy with the family. Theatres have already been adapting to new technologies, such as Dolby atmos and 4K video projectors etc. Rest assured, a subscription service geared towards family entertainment for the mass market can work.
Marshall Island / Greek Shippers really didn’t have much choice. Greeks economy and the shipping industry has endured a terrible recession. What’s HMNY’s excuse? At least DRYS / TOPS etc are trying to adapt to their market conditions. If I was them, I would pick the low lying fruit too - if I had no other choice to survive. Shipping is a passion for the Greeks too, and deep rooted - survival is by any means. That’s old school. If you got screwed, you’re also
Accountable. If you played the market conditions correctly (played the squeezes, shorted etc) then timed the long position - you should be very wealthy by now. If not, learn! And November baby is shipping month... it’s coming
TOPS hasn’t hit 0.25 yet either ORCA. Financing baby - Clay baby :) That will be fun to watch
:) I thought you were just an A hole ;)
I just cxl my 0.12 buy order... it’s going lower
Yikes! My 0.14 just got filed - next order I have is for 0.12! Will it file? Ummm I think so.. going below 10 cents imo
I’m going on a trip soon too, but thinking a remote island in the Caribbean. Somewhere that I can gaze out at the ocean and try to smell the newness of our new tankers ;)
I’m not new here - flipped this for big bucks last year.... now, correct me if I am wrong... but the core business is selling subscribers information, and not the subscription fees.... no?
Naked short selling :) who knows how many illegal shares are out there
Sharing is caring - another undervalued gamble stock with huge upside potential (holding 4K shares) just announced termination of their last offering - TOPS aka Tops ships. Not saying buy, sell or short - could be a money opportunity if you play it right. Good luck and let’s go BIOAQ! My Top Ships hyundai eco tankers might be under contract to these guys one day / already under Cargil charter :)
Maxim Deal Terminated :)
Wasn’t it doomed and gloomed to be down to 0.25 by now?
Probably next year - Toos hasn’t filed a quarterly yet - ever. Not saying that they will not start now. Just, don’t hold your breath. We will get news, most likely pertaining to their new financing, acquisitions, new building vessel delivery, share buy back, tutes buying in etc. Have a good weekend and take it squeezy :) Tops is about to pop.
Hey Doc,
I totally get it. My two cents... karma is / can be a fickle bitch. Some of those men that you mentioned had it coming... just saying. With my experiences, natural exploration, prospecting & mining come with there fair share of challenges.
With oil on the rise and EV / Ai & robotics (anything that requires or seeks battery related technologies) becoming more mainstream by early adopters the laws of supply and demand will be evident - both naturally and via various manipulation strategies.
It’s going to be a war, whether in a court room or with blood. We are in the cusp of something great here. And with greatness, like you mentioned, you become a target.
Hope that you’re having a good weekend Doc.
Looking forward to chatting again soon. Be well.
Doc - I enjoy your posts. Canadian geologist here. I have been trading KAT for some time now and I just got back in again at 0.90. I am currently in the laurentian mtns. (Not far from Global Graphite) and due to a lack of signal - I missed the trade halt today.
The law suit doesn’t deter me but I am curious if you have any insights on the trade halt today?