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Loving this churn at these levels. Setting up a base at this range to move up from.
Loving this churn. Looks like it’s forming an ascending bull flag on the chart with this churn in this range.
Good summary article from StockTwits. Company had expressions of interest from 39 companies who all signed NDA’s.
https://www.datacenterdynamics.com/en/news/cyxtera-receives-six-letters-of-intent-to-acquire-company/
Won’t take much to take this higher. No loading wall anymore.
$2.7bn in assets divided by 180m outstanding shares gives a net asset value of $15 per share.
So, I’m presuming that buyout offers will be $’s.
Yes and the big thing in that tweet is that press releases will now be distributed to a wider audience and I’m presuming health supplement commentators as well.
Indeed a short squeeze will be in play when the ticker symbol company name change and CUSIP number are all changed at the same time.
At that time the Transfer Agent has to account for all shares and will then require those who have an uncovered short to deliver the stock.
Well someone’s loading up. 200k buy at 5.8c.
I can’t wait to find out what the bids are. I’m guessing that most of them are looking to add their data centres to their existing holdings.
As insiders own 79% of the commons you can be sure that they will hold out for a good price.
Schenk would not have been added to the board unless all parties concerned regarded the signing of the agreement as more of a formality.
Yup if they can make things like biodiesel which require no modifications to existing engines people will flock to it.
What I’ve noticed in the last two or three months is that everyone who owned a diesel vehicle but didn’t seem to use them much seems to have got them out of mothballs so’s to speak because petrol is so expensive at the moment and they get better mileage driving a diesel.
Or people with 50,000 twitter followers behind it who have trading accounts worth several million Dollars!
Nothing but buys the last half an hour of trading.
Solid close on a short trading day into one of the major holiday breaks in the USA. Slow and steady wins the race.
Nearly closed out the day at 12’s. Another five minutes and they’d have been gone. Looking forward Wednesday.
Indeed. Looking strong and steady holding its gains nicely. Glad to have taken a position.
The wall at 11 is steadily coming down. The momentum will continue into the end of the week as the PR will hit major news wire services
That wall at 11 is chipping away nicely.
Slow and steady wins the race every time.
I’ve been told that the CEO has confirmed that the news has only been released on OTC Markets and that they will also be releasing the news via major news outlets next week.
I’m expecting Wednesday.
So an I correct that after reading your post that the preferred shares which are being issued for the transaction are locked for a year after they are issued
And
That if they wanted to convert the preferred shares after that year that after the initial request after the one year lock up period, it would take another year to convert them
So
That effectively means that it would take two years to convert those preferred shares issued to complete the deal into common free trading shares? So we’re talking about those shares being tradable some time after June 2025?
If they hadn’t updated with good news today the stock would have sold off into close.
Maybe check your normal sources of news on your feed and see if it comes up there? If not then it will hit the major news wire channels next week.
If I’m not mistaken, there’s been a worldwide shortage of fertilizer since lockdown ended. Therefore any innovative way of making fertilizer will be a game changer.
Half day Monday closed all day Tuesday.
StockTwits is saying that the news was only released on OTC Markets today to keep their promise to update shareholders.
They’re saying that the press release will be released on the main newswires next week.
Makes sense.
Guess what? Just like yesterday - we see a sudden volume surge!
Too funny!
See the video posted on their twitter feed yesterday folks. Only 1m 28 seconds long.
CEO will be explaining the last press release in a series of videos that he will post. Also he confirms that he will be releasing a press release on company developments while he was in Dubai which will be released next week!
CEO Has already said that he will be preparing an alert.
Moving back up easily on any buying pressure.
Still huge buys going through. This is just market makers taking advantage to collect shares on tiny sells. Then they widen the spread and take the price down.
How many times have we all seen the exact same trading pattern on just about every stock!
Exactly! Or to quote Warren Buffet - Buy when there’s blood in the streets!
Well done all here. Wishing you all mega profits.
Volume surge incoming!
Congrats everyone!
91,000 buy at high of the day!
This stock trades the thinnest I’ve seen any stock trade in a very long time. Any buying pressure on news and this will finally move up to fair value which is substantially higher.
It’s only trading down here at these levels because of market conditions.
But the cream always rises to the top!
Holding its gains very well today.
Why don’t you set up an alert service? There are plenty you can use that all you need to do is charge a nominal sum and then you can alert your entries with any other comments you want to add in real time.
$DSS Special dividend of 4 shares in PKPH trading at $7.30 for every 1 share of DSS held as a cleared trade by Friday. So you have to buy before close today to qualify for a dividend of $29.20 per share to be paid later this year!
Get your shares while you can.