Tip Of The Week: When going through airport customs and you are asked "Do you have any firearms with you?" do not reply "What do you need?"
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.
I agree....chart looks great imo
Yeah but they know very few shareholders are going to do that since it will cost more than their shares are worth. They definitely have the upper hand in negotiations imo.
Thank you....since them clearly saying that in the informational packet wasn't enough for some.
Well I dont understand the benefit for Esko to do that.
Maybe its possible then, I dont know.
How would that benefit them?
From what I remember it signed like no
There is no deal. You let them know you want to dissent, they send you their financials, and then you come to a deal with them. It sounds like they may send an offer with the financials. If you can't agree you try and take them to court so a court can decide "fair value". And this all has to be done within a certain amount of time.
Now if you don't dissent you hope they get something going and get relisted at some point. If that doesn't happen they say they may share what is left (if anything) of the proceeds of the sale with shareholders. But they don't have to, so I would never expect that to happen.
That is my understanding.
Read my post from earlier this morning.
Id like to just to try and make their life more difficult but its not worth the time and possibly money it would cost to do it.
but that's not what you go by if you dissent, from my understanding. It goes off the financial situation of the company the day before the transaction, which is probably terrible.
Also, half of that they have to keep in the bank for I believe 39 months. And I would be very surprised if they even have 3 million left from the start. Unless they take on more debt I just don't see how they will have the capital to do anything substantial anytime soon.
Exactly
Sounds like this whole deal was for the benefit of the 4 or 5 goofballs at the top. Really doesn't sound like we stand to benefit from this any time soon or ever imo.
and it pretty much sounds like you need a lawyer to exercise dissenter's rights...sounds like a huge headache and not even worth it.
looks like the fair value will be determined by an "agreement" between the shareholder and company or the New Jersey Superior Court. The preferred stock was given a par value of .01.
As we know they want to use the proceeds from the sale to purchase an operating company and relist on an exchange. Looks like the total sale was for 3.8 mil. before paying off debt, etc.
If you do not make a demand for dissenter's rights then you will be at the hand of Toms and company to see if they can do what they said above. If they are unable to then they say they will consider (but are not obligated to) distributing any or all proceeds remaining from the asset sale to the shareholders.
The comapny's name was also changed to "CSG, Inc."
LOL what a shocker
I agree
Long U/J
went long AU....9135
AJ still looks bullish from what I can see on my phone
and can't forget JPY monetary policy minutes coming out in 20 minutes. then AUD news and China news later on. Gonna be an interesting night.
your guess is as good as mine...I'd be pretty surprised if we see sideways action for another 6 hrs though.
Also, it's the slight fundamental change from last night that has me even thinking a breakout is possible. Normally I'd be shorting this like crazy here and I'm still kind of tempted to. Its just that that dive last week was traders pricing in a rate cut next month (imo) that probably isn't happening. So if I was trading purely fundamentally based I'd be expecting more upside from here.
pick your sides on AJ...another significant move coming tongiht. i wish i knew for sure which way it was going to go. 4 hr definitely has room to run here.
4 hr chart has the potential to breakout imo.
nice, that was easy
lets see if A/J can get through 91.42, which is 1 hr 200 sma
Been watching AJ for a few days. Here's a 30 min. and daily chart I am watching. Don't typically like going against the daily trend, which is down imo, but may for a trade on this one. I'm waiting for that AUD stuff at 9:30 before I even consider entering though. I believe it is waiting for that to choose which way it is going to go.
That red uptrend line on the daily is proving to be nice resistance.
or when the Monetary Policy Meeting Minutes are released...didn't realize that was tonight.
EA and AJ coiled up....should get moving within the next couple hrs.
GU is going to break out one way or the other soon.
Risk on, risk off, AUD goes down I guess.
Did you go short?
Im meant risk on, not off.
Maybe initially but then should spring back up imo. Seems its risk off time so theoretically AUD should get going a little.
AUD/JPY gonna move soon. very wound up.
The Tokyo session may tell in a few minutes..
yes, he fueled it but it was such a huge move because of the time it occurred in my opinion.
low volume, summer move.
WOW...just busted right through the 4hr 200 day MA.