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That was meant for the masses, I totally agree with you! People freakout about BK, and it is a serious deal, but you really need to dig in with this situation and you will find that its not BK because they have no money movement.
Yeah, and dont give it to them either, make them get it from the ask. This is going up and that would help shoot it.
I can be the first to agree with you that this CAN go either way. definitely there is a possibility that shares will cancel. But realistically look at why we are in this... The company has a few million in debt, really not out of the ordinary, it is not like other BK companies mentioned here that are multi BILLIONS of dollars in debt. In the grand scheme a few million isn't much and could be almost feasible business. but the issue come in with the terms that really tie the hands of the debtor and restrict what they can do putting them in a pickle. from what I read, Sycamore Partners is not very nice.
http://phx.corporate-ir.net/phoenix.zhtml?c=131103&p=irol-newsArticle&ID=2164905
"Expects to Emerge Within Six Months With a Right-Sized Store Footprint, Improved Operational Efficiencies and a Clear Resolution of Its Ongoing Disputes with Sycamore Partners"
http://phx.corporate-ir.net/phoenix.zhtml?c=131103&p=irol-newsArticle&ID=2176912
" renegotiate burdensome contracts, resolve its ongoing disputes with Sycamore Partners and achieve long-term financial stability."
https://www.thestreet.com/story/13556703/1/aeropostale-ceo-claims-largest-investor-wanted-it-to-fail.html
"As Aeropostale's CEO Julian Geiger recounted in court documents filed on Wednesday, "In the fall of 2013, and prior to Sycamore, MGF Sourcing and Aero Investors entering into transactions with the company, Stefan Kaluzny [Sycamore Partners managing director and co-founder] initiated a discussion with me about the possibility of appointing me to Aeropostale's board -- I asked Kaluzny how active a director he would want me to be, and he clearly told me that as a Sycamore director, I should do nothing and just observe because his plan was to let Aeropostale deteriorate so that he could buy the company in bankruptcy, and if he appointed me as CEO I could hit the ground running.""
If you look at Sycamore Partners, they are on a path to acquire companies and Aeropostale was in their sights, but they wont go without a fight. You need to look at the reasons they are in BK currently. Yes they have debt and their market has slowed, but like I said before, a few millions is alot of money but for a company of that size, in reality its not. They are not BK because they have no money, they entered it to prevent getting to that point due the the ridiculous terms with Sycamore, that hurt them in the long run.
Finished green today! Remember, it only goes up when you purchase on the ASK! you want to make money? get off the bid and BUY some shares, aquire and hold (at least until news come out about BK) It goes up. OVERSOLD AND UNDERVALUED!!!
I think I am going to go and buy a t-shirt and some socks, that will help boost some sales ;) whatever helps them take care of the debts without drastic measures.
Thats the point I was going for...
What is your interest? You could say that about every stock on the planet. Do you just take peoples words for things or do your own DD. because if you do not do the latter, Ill give you a great reason to buy now, People will buy whats there, and ARO is there!!! Popular clothing that people of all ages wear. The current situation was sprouted with issue of current financing and ARO is going after them as a result. Boy that does sound like a good reason.
isnt it funny .075 get taken up and next on the ask is .078 all of a sudden .075 bid just exploded. Think about about it. buy on the ask, sure you will miss out on a few shares, but you got shares and this drives up, o and you not chasing.
If you want this stock to move you need to purchase your share on the ask, that is the only way it happens. This stock is way oversold and undervalued, that is for sure. depending on your source you can find a target share price between $.50 and $1.00. so if your bid sitting, your not helping and actually helping the drive down for a few extra shares. so buy on the ask and get the shares you can and this goes up. if you want to bid sit and wait you will be chasing. get in now.
this is true, i cant even open the link anymore.
only way it goes up is to get your shares from the buy side eating through what they want to get rid of or dump. waiting around sitting on the bid waiting for it to drop so you can get a few more shares wont help you. you want to invest, then do it, buy your shares and this goes up. get in sooner, then you get cheaper shares.
I think they want to run with the Olympics thing...
come volume, come dilution.
your correct, a guess/my opinion. we will have to see what they say whenever they do... but just because the stars align does not mean the epic events will happen. The history of this stock is not very long, hard to use it for anything viable.
I agree to too, every manufacturer has their own in house brand for power house machines. and you can bet that the manufacturers are on all the dealers to promote their in house brands over the types of Saleen! These models of the SRT and the Shelbys' have come a long way over the years and why would they push saleen when they can profit more from their own product. I am in here and hope the best for Saleen and this stock but I also factor in the reality of the world.
I bet dilution is not done, I foresee a couple more large volume days yet, where this could run but it wont move far because of the dilution.
i would hope but there is not much history past the 52 week mark. cant forget that.
in time. look at what tv were when they first came out. now look at them, tech always improves as its out there in the world and people are working to improve.
doubtful, I'm all for it but I foresee huge volume and a realistically pitiful rise, like usual. seems to be the norm with this. I don't think it will get there until they actually have the money coming in.
why no reporting then? Sounds like sunk ship.
LOL, yes, as long as somebody is screwed and somebody makes money from it I guess. haha.
this is true, its kinda like using the payday loans services but for the big boys.
Im not worried about it, I was just pointing it out. there is a reason that they had it in their agreement that one has to support the other for so long. like i said, once that is over, MDI can use whatever vendor they want. ya im sure using RBNW will still continue but just because they own part of the business does not mean they wont go elsewhere for better price, to better their own business.
So after November 1, 2016 we could potentially lose our only customer? I don't think that will happen, but they might buy less as they can use other vendors then. Hopefully we hear some news about sales to other companies/people. I would imagine that the demand it their for them is they have opened 3 new centers. And those 3 new centers have got to be moving product, I mean you would have to be a complete idiot to open new facilities where you wont get business...
I have no doubt in my mind this thing will go. My only concern is whats up with the tech and the relationship between Next Galaxy and CEEK? CEEK is using the tech to make products to sell. Next Galaxy will be a platform provider. Now CEEK will make all the money on the products, (not Next Galaxy?)and other companies may make products but is all in the tech, good tech, good product. Now Next Galaxy has the platform for the product but as with any product I'm sure other platforms will emerge. I could be wrong but it looks as CEEK will reap all the benefits here. but like I said, I do feel this will take off when it hits mainstream but only until others get out there with platforms to use the products that CEEK produces. Next galaxy may own the rights to the tech and get royalties from CEEK or they may get the 5 mil for the rights but that will only go so far, definitely got going to take to company to the moon.
Thank you for the info, its confusing to me and im not exactly sure how the conversion thing works with the pricing yet. I just figured that if people are purchasing shares and there was good volume they could sell/trade at .001, .0012 .0015 and so one(selling chunks at different levels/stages), and that would maximize money from their shares and share price could go up with good volume or at least be stable. Like i said i know there are things i have to learn yet and i do appreciate your information.
Im pretty new to this, but that doesnt make sense to me? higher the price is more money. if the stock was about twice as it is now and going up, could they sell going up, they could have sold half the shares going up and maybe held the price and got the same money, then they still have half their shares and that extra money. IDK
but then again somebody wants to keep it down selling small junks...
$6200 wipes out 4s.... i would but im just a little guy :(
yeah im done today, need a break from this garbage.
moving towards a new bottom... funny!
well it cant hit any lower this year LOL
nice buys today!!! small transactions keeping it down. how pathetic.
NICE BUYS!!! 4s coming up!!!
you are exactly correct, lots of answers needed. she may not be CEO anymore but that doesn't mean her ownership changed at all, If she resigned from that position, maybe she needs time for other things/adventures. maybe she stepped down from CEO to help other things happen in the company(s)? CEO has a lot of responsibility, and they cant due certain projects depending on what they are without taking time from their day to day obligations.
its publicly owned, the only thing that means anything is how many shares you own.
if you want it to move anywhere, bid sitting only hurts. I understand everybody wants the best deal, but if everyone bid sits, we wont move but down. you want it to do something, "BUY" the stock, more buys make it go up and bring more people.
Bill Gates isn't the CEO of Microsoft anymore but he still owns it. ( as in a huge shareholder of the company)
definitely, we really need to find out which entity has what. it doesn't do much if your invested in the side of a company that doesn't reap the benefits of growing....
Galaxy the cell phone company.?? like Samsung?