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Never in my wildest dreams could I imagine a CEO announcing a contract that would would 5x last year's result in plummeting prices. But, this was it. So, a bet's a bet. I'll add the $100 the other losses today. PM me and I'll pay the wager.
Most they can do is tell you no.
LOL. Needed that.
MRDale, there was really good news (5x last year's sales). Guess us longs weren't prepared for the short flippers to jump ship before all of the news.
TY for the information. I wasn't playing this one for a bounce. Actually, I'm on the losing end of that bounce because I got caught away from the computer. Just did not expect such a negative reaction with really good news. But, as you say, no rhyme or reason.
CGMO bounced at -31%
On it's way up but I'm still at a loss why the drop.
Ok, need some knowledge from my bounce experts.
CGMO: CEO announced news of new contract for 5x last year's sales and profits greater than last year's SALES. PPS plummets 31%?!?
What the????
If this is bounce it's one heck of a good buy.
Me neither. Company quintuples it sales and price drops?
Book Value: $1.75M Profit x 30PE / 440M = 11.9 cents.
$1.75M profit is greater than their entire sales last year!
MM manipulating? Selling small lots to drive down to trigger stop losses? Then buying for the run?
Why is the price falling? What did people expect?
Holy Cow! $7.5M in first year with profit of $1.75M!!!
Highly doubt they will adjust. I hold the same options from the BK a couple years ago. They NEVER intended those warrants to come to fruition. At it's highest price it was less than half the strike price.
Captain, CMG* at .29 (up 16%) at noon. How's it going on your side?
LOL, you are clueless. Read the fins. The money is ALL there.
Running! Broke 26 and Now 27 in less than 15 minutes.
HondaBoost apparently doesn't know how to read a FORM 4. I'll leave that as it's own commentary on his posts.
Idiot. He BOUGHT THOSE with his own personal money on the open market. Actually, he bought them in his wife's name but clearly stated that on form.
No dilution. There hasn't been any dilution of this stock since Glenn took over. 420M of the 440M are in the float.
No worries. TY
Oh, I was think 7:10 ratio not time. TY.
Good on you. Mine didn't fill. Waiting for the next bounce.
For us newbies, "7:10 print at .111"???
Normally, don't want to see a drop but Come to papa, I've got fresh powder.
MM playing their games while everyone waits.
Captain, RRRT opens at 0.1506 and CMGO at 0.24. May we both win in the market. I just want to win a little more. ;)
Why is a health company merging with an oil frac'ing company?
eTrade only show 2 digits on some screens so it just rounding.
We're on. Go CMGohhhh!!
I got $100 says that CMG* will close tomorrow with a greater %gain than RRRT.
BTW, I'll buy RRRT when I finish with CMG*
The Squirrel forgot to take a nap today so we didn't go anywhere. Where you out chasing walnuts on the golf course?
Yeah, but CGM* is green for the day. ;)
Not sure what you mean by "Business Hubs" but the GR metro area is home to 3 Fortune 500 companies.
You may want to take your prejudices and trolling elsewhere.
Only the Shadow knows ...
Woodbooger, were did you get that quote from?
Is that the BIG announcement for today? That there might be something in Q4? Where did you quote this from?
I got some of those. Will get more when eTrade figures itself out. On hold for over an hour now.
Where did Glenn speak at? Nothing on Twitter or PR News.