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Anyone feels the market is too good?
What is your revenue estimate for the 4th quarter last year from this news?
Thanks for your thought, SSKILLZ1
SSKILLZ1, MYOV, the prostate cancel firm, could you help analyze when will be entry price to buy from technical point of view?
Thanks jtomm, the same (shortly I sold a stock, its price jumped for no reason) happened to me from time to time.
Just sold my ivfh, thanks for your reminding
Very bad deal for APHA shareholders, good for tlry shareholders and possibly also good for Apha ceo.
Impressive, did you make higher investment return in trading options than stocks in the past 5 years?
Thanks KIK for RECF but I have sold it this morning, because the news yesterday is no major difference from a month ago in my understanding. My understanding is very likely wrong.
just sold my Zoom except 5 shares for great memory bought 7 months ago. It is great company with rapid growth, but just not enough to maintain current valuation over previous quarter.
Happy Thanksgiving for everyone!
TGB vs CMMC, Researcher, why is TGB'sdepletion cost over 4 times higher thank CMMC's?
BGFV is flying over $10!
Thanks for your insight on bgfv, gilead, I have just trimmed some as well
You may regret in having sold BGFV, because this is a huge cash cow with no debt
I bought both TSSI and CNCG and both gained nicely. TSSI has pandemic risk while CNCG has lawsuits, but both of them have lots of cash, just had great quarter and deeply undervalued.
Thanks hweb2, TSSI conference indeed guided for revenue of $8 million for the 4th quarter due to the pandemic and holiday season, but it also guided for positive EBITDA. Moreover, they said they would expect higher revenue next year in case no pandemic. Considering $0.5 cash per share, isn't the current share price at around $0.6 a steal?
TSSI, released earning report last night, and earned $0.04-0.05 per share last quarter with about $0.5 per share cash, recovered from very bad the first half year due to the pandemic. Do not understand why its share price is not over $0.8, how difficult its business is.
wadegarret, our dear INMD jumped 7% today!
PEIX closed the share offering with upbeat tone: SACRAMENTO, Calif., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (NASDAQ: PEIX), a leading producer of specialty alcohols and essential ingredients, today announced the closing of its previously announced underwritten public offering of common stock and pre-funded warrants and concurrent private offering of warrants, for total gross proceeds of approximately $75.0 million.
The company closed an underwritten public offering of 5,075,000 shares of its common stock at a public offering price of $8.42 per share and 5-year pre-funded warrants to purchase 3,825,493 shares of common stock at a public offering price of $8.42 per pre-funded warrant. In addition, in a concurrent private placement, the company also issued to investors, for a nominal price, warrants to purchase an additional 8,900,493 shares of common stock at an exercise price of $9.757 per share. The warrants will become exercisable after the six-month anniversary of the offering and will expire on the 18-month anniversary of the offering. The aggregate gross proceeds from the offerings of common stock, pre-funded warrants and warrants was approximately $75.0 million. The net offering proceeds to the company were approximately $70.0 million after deducting underwriting discounts and commissions and other estimated offering expenses.
The company intends to use the net proceeds from the offering to reduce debt and other corporate purposes. Repaying a portion of the company’s senior notes and term loans, which have interest rates of 15% and 7%, respectively, using proceeds from the equity offering is expected to be accretive to 2020 earnings per share on a pro forma basis.
Michael Kandris, the company’s president and CEO, stated “The net proceeds from this capital raise significantly accelerates improving the company’s balance sheet and allows us to focus our resources on highly valuable and profitable initiatives. We are excited about our company’s future with this improved liquidity, reduced debt burden, and strong financial performance.”
If PEIX were a buyer at $6, BGFV should be a steal to buy at any price below $10
PEIX might fall back $4 if BGFV is traded below $8, because it is projected to earn about $.25 per share this quarter and next quarter and it has too much debt whereas BGFV is projected to earn $0.5 during the seasonally week 4th quarter and it has tons of cash with no debt.
Thanks for BGFV's CC transcript. It sounds more positive than press release
How do you feel about PEIX's revenue down in the 3th quarter vs 2th quarter for PEIX?
Issuing new PEIX shares is not earning accretive as shown below:
Assume PEIX made $55 million a year before tax or about $1 per share
Now assume that PEIX issue 17.8 million new shares to have $140 million cash to pay down debt with interest 11%, then PEIX would save $15.4 million interest payment and increase income before tax to $70.4 million or about $0.96 per share.
PEIX: 8.9 million new shares at $8.42, and 8.9 million warrants at $9.75, total 17.8 million share or about 38% dilution. The projected net income 3th quarter this year is about $15 million or about 0.2 (15/(55.5+17.8)). The current trading price $8.57 may be the fair price, do you agree?
Looks like JADA slowly goes back to her destiny below one cent. At one cent per share, its market value is about $6 million, good enough for a empty shell. If I were wrong, please enlightens me with reasons rather than useless abstract so called HIDDEN VALUE.
Why do you not think PEIX may have lots of room to fall, considering it has high debt $190 million, company projected earning around $0.27 per share this extremely "hot" quarter, and was traded as low as $0.3 a year ago?
Thanks for your insight on INMD, Wadegarret, Another question: why is the CEO paid only $200,000 annual income, which is far less than ceos in many money losing medical companies? The management seems having rich experience in this field with large percentage of shares.
Will INMD's growth be sustainable for long term? Who is their main competitor?
Great alert on ELTK, hweb2, will it fall back below $5?
What is Jada's value, zero or $0.2? Why?
Anyone is buying QDEL, coronovirus antigen tester? The company gave guidance this morning with revenue growth over 100% during the third quarter over the second and sequential growth 80% during forth quarter this year. CEO bought 5000 shares at $136 , higher than current price, just months ago.
I have never seen this degree of madness before
23 baggers! Amazing!
Wow you have made 400% over these home builders, congratulation!
PEIX and REX are different though both produce ethonal: peix expands on high quality alcohol and is profitable whereas REX focus on ethonal and is not profitable. Based on current price $64.4 and price/revenue ratio over 1 of REX, PEIX should be traded near $20.
Jada has zero revenue but traded at $0.17 or $80 million in total, why? Is it a fraud? Someone in Jada message board said it would be a reverse merging target. Why a good company is willing to pay $80 million to get listed?
Anyone follows Jada? It has zero revenue but traded at $0.15 or $70 million in total, why? Is it a fraud? Someone in Jada message board said it would be a reverse merging target. Why a good company is willing to pay $70 million to get listed?
Why could Jada worth $70 million based on the current share price $0.15 when it has zero revenue?