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Who said i wouldn't pay you for that liquidity?? LOL, be careful, you never know what cards one holds.
Raw, you did know this article is from May 07
Last Updated: May 21, 2007 11:18 EDT
I'd say that's why the B shares got sold into the market and why they are currently trading at .38 or so. Conversion of those will further dilute the A's making both even less valuable. I'm guessing the conversion didn't go through for some reason (Probably because whoever held them went "oh s@#$" and sold them off).
Rawnoc... can i boil those eggs? LOL
says you, there are no sure bets on wall street and you know that. There is nothing in the sun, moon, or stars that says the alternative shares will move disproportionally.
Can it happen? Most undoubtedly yes! Will it happen? Only the buyers and sellers can set it in motion. Are there ever going to be alot of buyers?
I'll concede that today the value of the Bs is positive compared to the loss on the As. However, they have only traded 45K shares compared to the million that have traded with the As.
Novice,
Actually i am just enjoying the banter. I do agree with Raw that with a smaller float the potential for explosive growth is good. However, my adversion to the B shares is that the common trader will not buy them opting for the A share. A's have greater liquidity than the Bs, just check the volumes.
The intrinsic values of the Bs may be greater, but unless someone wants to buy them they will not rise in value. It's sort of like having a million dollar home out in the forrest, you have something worth alot but the bids come in low due to the fact that it's not in a common sub division. I.E. It's overlooked and passed over in lue of real estate deemed more valuable and easier to sell. Same principle with the Bs, the Bs are simply not going to appeal to the common trader. Price alone isn't what everyone looks for, for the average joe they will see BBI.A and compare the B, when they see the A has more volume they will go "eureka, that is what i want". It takes BUYERS to move a stock. It can be worth a million bucks to you and only a quarter to everyone else.
LOL, i am feeling a little fiesty today. Great conversation Raw.
yes, buy bbi.b, shares that the common trader will overlook. Makes perfect sense to me.
The house of pain is same, on down days or bad news, you'll find it there. Read both, they go hand in hand. Same people, just our messed up way of dealing with the emotions of trading and investing lol.
LOL, are they being mean to you tm?? We'll send them to the house of pain and let Chris paddle them well. hahaha
ahem, i kinda like that digital watch on demand whole thing. I hope that BBI can use it's name to corner that market. Blockbuster or Netflix? Which name endears the movie and media moguls? The term blockbuster existed before the blockbuster rental chain, they simply monopolized the name and then trademarked it. Can they again apply that same principle to corner the market yet another time?
i don't think anyone is a paid pumper for BBI. We have a difference of opionion about A and B shares and values therin.
lol empty, welcome to the house of pleasure. Look to the house of Pain as well.
In these 2 forums, you will find real discussion and real ideas. Not forum pumpers and statments like
UPTICK +23 EATLK MORE GIBBERSH GOOOO goober stock gooo!!
We may not always say alot, but what is said at least isn't fast food for the brain.
well, you paint a pretty picture for the B shares. But if they were wanted the price wouldn't have suffered in comparison to the A shares.
>>There is ZERO financial difference between the B shares and the A shares except the B shares are half price as a result of temporary massive ignorance that won't last. Hold A shares only if you have a financial death wish.<<
In this statement you contradict every thing that you have so far said. You are telling everyone that when the A shares run the B shares will (your statements, mine would say possibly should) explode in value next to the As. Then you say that anyone holding A shares is commiting financial suicide. What should go for the A shares will definately go for the Bs. So if the A's are going to die, the Bs die with them.
Trapped by your own words. Bs are trash. Hold the As.
ugg, wish i had seen that. ah well.
lol, says you. i'm hurtin. Bought GGC and they announced a R/S this morning. Dam them, hahaha.
Ahem, the voting rights on those shares mean only something to YOU! They mean nothing to me and they are worthless. You can't buy enough of the B to make it count. The only reason anyone would want to buy the B shares is for voting rights in an attempt to make a hostile takeover of the company perhaps.
Flaunt what you want, but i do know this. In this game, there are folks on the selling end and the buying end. Those on the selling end usually like to put as much lipstick and makeup on whatever they are selling. Attacking another point of view i've always seen as a sellers mark...
You selling those Bs??? LOL
GGC, this is a low float play that can be lucrative. Lots of refurbishment going on, building upgrades for energy effeciency etc. They make windows etc. At .6 now, it's been volitile shooting up to 1.5 and drifting back to where she's at now.
http://investorshub.advfn.com/boards/board.aspx?board_id=15537
i dropped out at 1.5x lol, thought it would retrend to 1.3x. Figures, just as soon as i decide to flip it for some fast cash and pick up an extra share it runs haha.
This has more to do with fruadulent claims and actions than the dinar itself. I've scanned the complaint and it appears he was taking money based upon the 1 mil he had promising to buy more for investors but never following through. At first glance, i'll have to read it throughly tonight.
good luck to you as well, i agree, i'm looking to buy more. I think that thursday is going to be a real low. Nobody is going to want to hold over the weekend due to uncle fester over in north korea. Kim yong ill is one crazy bassrad, and appearantly wants to celebrate our 4th of july with us. LOL
if that happens, i'm going to have some great wallpaper to finish out my bathroom with, it's currently called Dinar LOL.
It's going to take time, so long as they have peace, it'll build fast, imo. Still, years, but fast anyway.
what is BNN? And the news is good. The oil companies want it their way and are playing hardball. IMO, Iraq is doing the right thing, they should be looking out for their interest. Others will fill in the big boys shoes should they not want to play. That is evidenced by the taking of the one field.
Exxon will play ball, the question is what do they want to make the play ball. It's not the extra 2 bucks.
I took a little GGC as well this mornning, looks like a volatile type of stock good for a flipper.
I'm in some, what the hay, this has alot of volitility it appears. Looks like a bottom and coming up. Back to a buck please sir!
It's rather straight forward, blockbuster is the movie term for a mega hit. Would MGM or whomever is the equivilent of the day rather go with "Blockbuster" or "Netflix". Blockbuster describes a main stream hit, netflix describes a fly by nite operation that will eventally die a horrible agonizing death along with all the other dot com bodies that litter wall street.
LOL, da gangsta trada. roflmao.
I personally see BBI tieing in with the streaming media (with production and movie companies). Blockbuster has a mega name as compared to Netflix. In my eyesight, i can see a future of the movie industry moving from large silver screens to streaming across the net and perhaps having a unit to install for this not net ready. It would eliminate the CD and kill their losses from bootlegging as i see it.
imo, it's about to run harder. The pr machine seems to be cranking out, that usually means something coming alot the pike. And the volume has been out of sight. Something is coming imo.
I honestly don't see why not. BBI still rents movies, i still see them doing business. Just out of favor for the moment, which imo is when you buy a stock becuase it's no use buying something in favor that has topped out.
no, but me too. I'm going to watch close monday morn
russel can bite me lol. What a bunch of garbage. It's just a tool for fund managers to give a blame game to their investees. I personally wish that these indexes didn't exist, then fund managers would really have to get off their ass and read a 10Q and K. The "O we only buy X index" routine is paramount to them saying "I'm a fat bastard to lazy to work, but these guys over here say these companies are doing ok"
A large block of 1.4x million shares went off at the sell side. Huge volume at end of day.
I hear that the russell indexes etc are altering their lists. This may have got sold off to meet criteria of investment funds that say they only buy stocks on russell 300 etc. Who knows. I'll do some more reading on it this evening.
more selling lol. I dunno, but my .75s not looking good at the moment. I'll definately be picking some up monday am.
i wish i had bought lol
If the Don invested in this, i'm screwed. Everything he touches turns to crap LOL.
UIS is coming back down. I'll take some more if it gets to the 1.3 and below.
lol, yes, but she probably gets 100 of them a day from all sorts of folks peddling everything from hot stocks to hand creams. I kinda figured she probably didn't check them often or bother to look at them. Sorta like email, after awhile it's all just junk.
I don't have ADD.. What did you say?