is...retired
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I'm not to 10M yet, but I don't do screenshots of my portfolio. NOR - do I have any reason to lie about it to a bunch of people I don't know.
I just feel that this is my one big shot to quit fooling around and park most of my money in good dividend stocks. If it gets to $0.10, I make my first $1M. 90% of my ICLD is in my 401K Rollover IRA - no taxes until I withdraw. Gotta love an IRA. That is all before tax dollars anyway, and has many company matches in it too. I'm retired now, but not quite self sufficient. That is my current goal.
8.5 million shares now...need 1.5 million more b4 I stop accumulating. Average is 0.18 now.
Wednesday - shorts beware!
100000 for $1650 is a boatload? I must have an ocean liner full.
Doubt .01, but if it gets below my average of 0.0175, I will buy more.
Like what you said, but not too keen on the yelling (caps lock).
What is funny to me is that I almost mirror your sentiment.
Laid off in my 60's, took early SS because no work for old guys in 2008. 401K was down by 50% before I took charge and rolled it into an IRA with Etrade. That was $59K at the time.
Now, over $600K not counting what I've taken out and I draw $1k/month for living expenses and one $50k chunk.
But 7m shares of ICLD may just change my life too. Own my home, just want a change of cars. I want the security of not having to count pennies. ever. If ICLD hits $1, as it did twice in 2016, I'm set. I think it can do it.
I do expect a R/S at some point, so it may not hit $1 before that. I will play that by ear.
Google it. That's what I did.
Once they are clear of the debt, an R/S makes sense. If they want to get to NYSE, they will need a price of at least $4. R/S would have to be healthy to get it that high, say 200:1. That's why I have so many shares now - I want plenty after the split is done, which eventually has to happen, but not before dilution is ended.
200:1 would take it from $.02 to $4. 250:1 would take it to $5. The higher it gets between now and that time, the smaller the split would have to be.
Once on NYSE, institutional investors will be more interested, most won't deal with stock under $5 or $10.
Yeah, that would be me. 7 mil now, and might make it to 10 mil if I can still average down from .0175. When it does bust thru, I hope to 'retire' from trading. All the money is from a huge dividend I got from $pip, so it's all house money for me.
Got 500K more at $.017...
I think there are multiple issues here:
Some that bought sub .0175 are taking profits.
Shorties, fearing earnings release uptick are getting the flock out. I would not want to be short at ER.
Longs are loading up.
The ER will tell a lot. Can't help but be good news, as the financial picture continues to improve.
With 6.5 m shares now ($0.0175 avg), I'm obviously a long. But, if it does manage to get back under $.0175, I'll pick up another 500k.
His statement is a little weak in my mind.
Shorts could just exit now before ex-dividend date, and reshort after. Hell, they could BUY after exiting the short position, get the dividend, then sell after ex-div and reshort. Only those not watching would have to pay the dividend.
The point is that his statement makes no sense, and I'm not even a 'shorter' of any stock.
I hope you get your $1 sp. I have 2 mil shares under $.05.
After the merger and RS, sp will be $4+, ticker will be ALT, and listed on NYSE. That is when it could see instructional buying, which should bouy sp. This is JUST LIKE a regular IPO, except we can go in as stockholders and ride it up or down.
Some people have alternate facts.
Thanks!
This investment is using strictly dividends that I received on $PIP. The investment is in my (401k rollover) IRA, so I won't be paying any taxes until I withdraw, and that will be ordinary distribution tax of whatever bracket I'm in at the time. (Note that this is all 'before tax' money since it came from a 401k)
So, yes, this is a gamble on a risky stock. But, I'm playing with house money, looking for a big payoff. I only need this to work one time, but I do have several other 'sticks in the fire', any one of which could pop. And, I still have dividend stocks to produce more 'gambling funds'.
It will be fun to see what the ER brings.
If it gets to $0.0176, I will break even. If it gets to your $0.78, I will have $4.68 mil. value. (6 mil shares now). If it gets to $0.01 again, I will buy another 500K. (Missed yesterday)
I don't see it going bankrupt, so I do expect a lot of upside. It can't bump along the bottom forever.
When it hits $0.10, I will sell enough to fully recover my investment, plus a little profit for my efforts. The rest will ride to see where it goes.
No, PIP will cease to exist, and ALT will be the new ticker, on NYSE. Read the S4 at PIP for details.
Not really. This is a reverse triangular IPO, which is a way for Altimmune to go public via an existing public company. PIP gives ALT shareholders 1 share of PIP for each share of ALT - 10000000 shares. Then, a reverse split to get the stock price above $4 for NYSE listing requirements. However many shares you have before the RS, you will have less. They mention 1:20, so for each 20 shares of PIP before the merger, you will have one share of ALT afterwards, worth $4 or more. That is all listed in the S4 at the PIP Investors page, along with everything else that any one of us knows.
That is the date of the shareholder vote. After the vote, public news can be provided, but in a quiet period until then.
There is no reason to do the RS until the dilution is completed because further dilution would occur. Converting debt to stock is just one way to pay off debt.
All an RS does is reduce the number of shares and multiply the price of shares. It doesn't really matter if you buy low, like now, and then have your shares divided by the split, or wait and pay a higher price after.
I've bought 500K each time it drops by $0.002, and now have 5.5 mil. If it hits $0.0120, I will buy 500K more. And again at $0.010, if it gets there.
When the debt is gone, and the RS(s) are complete, it should be around $4/share. At that price, institutions may take a look, which would help pump up the price, since our small purchases are not really enough to have much effect on sp.
My average is now well under $.02, and I've purchased everything using dividends from other stocks. I do expect to make a pile of $$ at some point. I can wait.
I agree. Got a nice special dividend from $pip, and used it to buy 4.5 million shares $icld at average price of $0.18. When it rises enough to recoup my investment, I will sell some, then ride out the rest till over $1...
As they say, go big or go home...I actually am home, so...
Can someone post a realistic 52 wk target price, and why you think so? I did buy 250K shares to speculate with