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I'm pretty pumped, it can't be far off. I really want to see how the NSS forced covering impacts the shareprice! My prediction is bupkis, but I would be very pleasantly surprised to be wrong!
Anybody have any more details about the dividend date? Has to be coming up quickly?
Better limit fills are called "Price Improvement"... please take the time to look it up...
You probably also want to research "The Manning Rule" (IM 2110-2)which went into effect November 11th...
"No more churning or overtrading the stock.."
Some may also call that liquidity...
Traders bought every share that they sell at some point, you know. They provide support on downturns not just resistance on the way up...
When EXPH downticks it is quickly attributed to NITE playing games... when it upticks, it is legitimate buying coming in...
Just curious, but where does legitimate selling fit in, or is there no such thing?
I hope you are right about NSS and we see a huge pop... but I think the NSS argument here is fantasy. The dividend should answer this question definitively as any NSS will have to be covered.
Taki,
Still wondering if you convinced TDA to let you buy shares?
"Well one thing is for sure it will not stop me from buying from Ameritrade.I will be calling orders in Next week."
Any luck buying Taki? I am also with TDA and would like to know if you were able to get any shares from them?
"Had nothing to do with critics and more to do with competitors attempting to slander/badmouth them. Shall I post the apology letters posted here and yahoo?"
If you are referring to me... I am not a competitor to Expo, D&D, or Etc in any way.
Crap answer from Ameritrade:
"It is a business decision, no specifics available. We judged it to be in the best interest of clients and the firm".
Major bummer on Ameritrade. I also use Ameritrade, and will try to get an explanation on this from them.
That was YOU that arrived late? I have to admit... I noticed! :)
If you could be so kind, did JD mention anything about meeting this year's target numbers?
Thanks for the update!
Was there a vote of any sort, or a discussion of one?
There was a lot of concern posted here about JD moving everything into Etc. I think this part of the release should pacify those concerned about that:
"Previously the company announced its intention to spin off its newly formed ETC. division into a private company. Up to an estimated 5% of Expo Holdings, Inc.'s assets may be transferred to the new entity."
Yes! Congrats on the return of the free board MrSparex!!
Anyone been following the story of what they are dubbing "climategate? For example:
http://blogs.telegraph.co.uk/news/geraldwarner/100018034/climategate-%20%20e-mails-sweep-america-may-scuttle-barack-obamas-cap-and-trade-laws/
What, if anything, does this do to solar and other green energy stocks?
Yes, IF there is a naked short position here we will see evidence of it as they scurry to cover before the dividend is issued.
Ditto! I am also very pleased with TDA.
"i look forward to changes requiring
id's known for posters .. one *alias* per poster :0"
Yes! At least iHub enforces this rule. Yahoo is a zoo!
These boards will be so much better when manipulators and multiple ID posters have to have their real names posted! When the stock boards started out, I always posted under my real name... and never had a problem!
I'd love site ratings too... why can't they block underage kids from sites that contain stuff that they can't see in a theater? We card them to see R movies at a theater, but they can see XXX in their homes!
That's awesome! I see no reason that cyberspace is anonymous
in the first place!
If I were a prospective investor and I kept reading here that there was a mother ship i.e. Knight Capital (a $1.4B market cap company) shorting and trying to destroy EXPH share value, I'd think twice about buying/holding shares.
I think that this is NOT factual, and really shouldn't be rehashed here daily when it conflicts the public short data published on pinksheets.com. I'll be happy when the dividend is issued and puts this unsubstantiated rumor to rest.
If EXPH experiences an otherwise unexplainable strong high volume buying frenzy prior to the dividend being issued, I will be the first to admit that I was wrong about the short position.
Again, I do not see this dividend as a bad thing, and the news today should have allayed many concerns about the dividend's structure...
"Which aspect are you implying is positive? The part about shareholders voting or the part about being "dept free and nearly immediately income producing." Can you elaborate a little more SB?"
Both... additionally having only 110M authorized for Etc. is HUGE for investor confidence. Many thought that this would lead to massive dilution, and this fear can now be put to rest.
I'm surprised that the shares are not trading back at pre-dividend announcement levels already.
Well, I guess the market has to absorb the shares of at least one large exiting flipper...
This is definitely a positive development!
"Will the etc. stock dividend force EXPH shorts to cover?"
I believe so...
All 992M shares will get a dividend paid to them. If someone is short, they owe the dividend to the stockholder. Since the dividend is not money, but rather private shares that can not be purchased anywhere (at this time), they would have no choice but to cover prior to the dividend.
If one were confident that a large short position really does exist, EXPH shares could really fly between now and the end of the year.
For the record, I am not a believer in a large short position here. I see the rather small short numbers shown on pinksheets.com, and have no reason to challenge their accuracy. However, JD may be privy to numbers that the rest of us are not.
Over the years I've had to teach this simple truth to many people and boards...
L2 bid/ask on pink sheet stocks is not 100% accurate and should NOT be viewed as such.
The minute that you accept this simple truth... all conspiracy theories blow up!
"Man it would be nice if moving to higher exchange would stop the manipulation."
I have yet to see one iota of evidence of manipulation. Funny how this gets thrown around here as a fact... For those that subscribe to the black helicopter theory... what are you going to focus on after the dividend? It will effectively eliminate any possibility of naked shorts on that day.
I asked this before, and did not get an answer...
Does anyone know if the dividend is still subject to shareholder approval?
Didn't JD say in a previous release that the dividend would require shareholder approval? Is this no longer the case?
While I like the idea of this site, I question why anyone would be naive enough to actually buy the recommended stock? Clearly no one makes a killing but the people who buy beforehand. Is it the hope of selling to a later wave of naive investors who see the activity in the stock and go with the trade?
I was thinking of attending...
Fivestar is 100% correct about NITE.
We don't see eye to eye on many things, but I am 100% in agreement with you on the MM conspiracies.
The explanation is VERY simple... level 2 feed data is incomplete. NITE matches their own buyers and sellers behind the scenes and out of the view of L2.
"he sat on the 2Q financials for two months. He had them in his hands and just kept telling people soon."
How do you know this?
"they show the 5k
and seconds later one can observe the
bid ask being lowered ~ again i'm only
talking about exph"
What is the bid size? Let me guess... 5k?
Thanks for the clarification.
"He said they haven't hit the Alabama Lowes stores yet because the ETC rollout had really just started, but to let him know when I was ready to start the reno and I would be able to get the product I want."
When was it announced that ETC was being sold at Lowes?
"Only 10,000 store fixtures contract could easily bring $17M revenues($1700 per store)."
What is the source of your $1700 fixture price?
"WHO ARE THE TOP THREE HOME IMPROVEMENT COMPANIES?"
Home Depot, Lowes, and Menards? Am I right? I'm not sure about Menards...
"but i thought you might
have more specific knowledge
based on some of your past posts"
Nope, you were mistaken...
Just what is available on www.easytoinstall.com, why?
Are you going to answer my question? This is headed OT and will probably get deleted.
"i'd rather hear your take
on that subject than mine"
I have no take on that subject as I have no idea what you are talking about. Please elaborate...